even the pimps will have to pay....
AS EUROPE GAS SUPPLIES HAVE COLLAPSED, THE TRUMP WRECKING BALL HAS ALREADY AFFECTED THE PANAMA CANAL AND THE SUPPLY IF OIL IN THE MIDDLE EAST... SO, HANG ON TO YOUR SEAT AND PREPARE THE POPCORNS:
Consumer and business confidence hit the kids
Yesterday, ANZ-Roy Morgan consumer confidence dropped 3.7 points to 73.4 points. At 77.0 points, the four-week moving average decreased by 0.9 points. The four-week moving average increased by 0.3 percentage points to 5.5%, while “weekly inflation expectations” increased by 0.8 percentage points to 6.1%. The last year’s “current financial conditions” dropped by 1.2 points, while the
As energy prices surge, a tax on windfall gas profits could be the best way to protect households
What levers should the federal government pull amid the latest global oil price shock? There's a strong case for taxing windfall gas profits – as long as we get the policy right.
Australians suffer pain not gain from gas exports
Independent senator David Pocock used a February Senate estimates hearing to highlight how lightly Australia taxes offshore gas, pointing out that beer excise now raises more revenue than the Petroleum Resource Rent Tax (PRRT). Pocock asked Treasury officials whether it was “accurate to say that the tax on offshore gas exports — PRRT — is
Australian dollar blasts off without fuel
The ferrous complex continues to trade far above fundamentals amid oil disruptions. Chinese trade was out and sent a clarion signal that there is trouble ahead. Iron ore imports front-ran the year at a record 120mt in January, then cratered in February to 95mt. The two months combined were up 8%, but this looks more
Podcast #164 – South Australian election preview
Ben was joined by Intifar Chowdhury and Anthony Zougras to bring the podcast up to speed on South Australian politics before the state election on March 21. They discussed the decline in support for the Liberal Party, the emergence of One Nation, and Peter Malinauskas’ dominance in the state.
The oil endgame as Aussie rationing begins
According to BCA Research, the United States’ main goal in Iran is more constrained than that of Israel: reducing Iran’s capacity to pose a threat to the area, rather than overthrowing the Iranian government. The US specifically wants to undermine Iran’s navy, dismantle its nuclear and ballistic missile program, and stop supporting regional extremist organisations.
Port pitching for offshore wind hub says turbine trade could more than double its shipping traffic
Victorian port pitching to become the first in Australia dedicated to offshore wind farm construction says securing the role could more than double its annual shipping traffic.
Australia’s population grows faster than India’s
Recently on social media platform X (formerly known as Twitter) there was a table detailing population growth for various developed economies since 2000, based on the numbers from the OECD database. Of the nations assessed, Canada had the strongest relative population growth between 2000 and 2024, expanding by 34.6%. This got me thinking: where would
the french theory of deconstruction in a trumpian environment....
