Blogotariat

Oz Blog News Commentary
The Australian Independent Media Network Thursday, April 11, 2024 - 13:55 Source

Climate Council Media Release   THE CLIMATE COUNCIL celebrates today’s announcement that the Future Made In Australia Act is soon to roll off the Federal Government’s policy production line. Climate Council CEO Amanda McKenzie said: “This is exactly the sort of leadership Australia needs to tackle climate pollution, generate clean jobs, and ensure a brighter future…

The post Seizing a Future Made in Australia appeared first on The AIM Network.

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MacroBusiness Thursday, April 11, 2024 - 13:30 Source

Prime Minister Anthony Albanese last week spruiked that Labor has created about 790,000 new jobs since it won the May 2022 election. This is an average of 1,220 jobs per day, which Labor says is the highest of any government. However, shadow treasurer Angus Taylor contends that the growth in jobs merely reflects that Australia’s

The post Albo boasts jobs for migrants appeared first on MacroBusiness.

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MacroBusiness Thursday, April 11, 2024 - 13:00 Source

Data from the Australian Securities & Investments Commission (ASIC) shows that 502 businesses in the retail sector have gone into administration so far in 2023-24, compared with just 193 during the same period in 2021-22. Factors such as the cost-of-living crisis and high mortgage interest rates are weighing on consumer spending, with smaller retailers bearing

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MacroBusiness Thursday, April 11, 2024 - 12:30 Source

Domain has released its Rental Report for March, which delivered more bad news for tenants. Australia’s rental market experienced a resurgence in rental growth in the first quarter of 2024, resulting in new record asking rents. Combined capital city house rents rose 5% (or $30) during the quarter, the largest quarterly increase in 17 years

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MacroBusiness Thursday, April 11, 2024 - 12:05 Source

Hold onto your seats, folks! Instead of our usual live podcast, we’re rolling out a jaw-dropping replay of ‘Revolutionary Investment Opportunities’! Dive into this episode and unlock the secrets to game-changing investments that could reshape your financial landscape! Don’t miss this golden opportunity to elevate your investment game! Get ready to dive into the future

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MacroBusiness Thursday, April 11, 2024 - 12:00 Source

If you think Australia’s 2.5% population growth is insane, spare a thought for Canada and New Zealand, which currently have us beat: After deliberately engineering massive post-pandemic rebounds, politicians in both countries recognise that it was a mistake and are now attempting to close the gate after the immigration horse has already bolted. With Canada’s

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MacroBusiness Thursday, April 11, 2024 - 11:30 Source

The International Monetary Fund (IMF) has released new research on the effects of monetary policy on housing markets. The IMF concluded that Australians are more sensitive to changes in interest rates than almost any other consumers globally. It stated that Australia’s sensitivity to rate rises was due to its high level of household debt, slack

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MacroBusiness Thursday, April 11, 2024 - 11:00 Source

Fed rate cuts got savagely repriced after the hot CPI. June cuts are gone and we are down to just 1.5% of cuts in 2024: For the first time in ages, this is now similar to rate futures in Australia: Negative yield spreads to US are blowing out: Australian disinflation is surpassing the US in

The post RBA to cut before Fed appeared first on MacroBusiness.

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Your Democracy Thursday, April 11, 2024 - 10:58 Source

Julian Assange has been metaphorically nailed to the cross for the crime of journalism.

After slaughtering 14 children overnight Israel killed several more on Eid day, including six of the family of Hamas leader Ismail Haniyeh

The long Calvary of Julian Assange may be coming to an end

https://www.youtube.com/watch?v=I5e-0OpA6gA

 

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MacroBusiness Thursday, April 11, 2024 - 10:30 Source

On Monday, Seek released data showing that the number of applicants per job ad is running around 60% above pre-pandemic levels, pointing to much higher unemployment: Justin Fabo from Antipodean Macro has created another version of the above chart, which plots Seek’s applicants per job ad data against the number of unemployed: As you can

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MacroBusiness Thursday, April 11, 2024 - 10:00 Source

The Market Ear on when robots panic. So close Stocks are trading on the weaker side and we are very close to some very important levels. Just a few points lower CTAs will for the first time this year start selling in size. Furthermore, we are now not that far off in bonds from the

The post When robots panic appeared first on MacroBusiness.

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