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Renew Economy Wednesday, April 3, 2024 - 12:45 Source
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Renew Economy Wednesday, April 3, 2024 - 12:41 Source
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MacroBusiness Wednesday, April 3, 2024 - 12:30 Source

Goldman on the PBoC surveys. In late March, PBOC released its Q3 and Q4 surveys which were supposed to be available to the public at the end of September and December last year, respectively. We summarize our key takeawaysfrom these surveysbelow.PBOC bankers’ survey suggests loan demand rose in Q4 and bankers expect less accommodative monetary

The post Chinese still depressed about property appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 3, 2024 - 12:00 Source

Iron ore is at ridiculously inflated prices around $100. But if you spend what you don’t have, then even a small pay cut pulls your pants down: Speaking to Sky News Australia Chief Anchor Kieran Gilbert on Tuesday, Mr Chalmers was asked how concerned he was about the drop in iron ore, and its impact

The post Iron ore pulls Treasurer Chalmers pants down appeared first on MacroBusiness.

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Your Democracy Wednesday, April 3, 2024 - 11:38 Source

West helping Ukraine attack deep inside Russia – CNNKiev’s foreign backers are coordinating the flight paths of kamikaze drones, a report says

Western countries are helping Ukraine to fly kamikaze drones deep inside Russian territory, CNN reported on Tuesday, citing a Ukrainian source close to Kiev’s drone program. 

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MacroBusiness Wednesday, April 3, 2024 - 11:30 Source

The latest round of dwelling value data from CoreLogic and PropTrack shows that Perth is leading the nation’s price boom, recording explosive growth over the year to March. CoreLogic’s daily dwelling values index showed that Perth dwelling values rocketed by 19.8% in the year to March, easily eclipsing the 9.7% growth recorded across the combined

The post Perth house prices won’t stay cheap for long appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 3, 2024 - 11:00 Source

CoreLogic reported a further acceleration in Australia’s rental growth in March, with the national rental index rising 2.8% in Q1, the fastest quarterly pace of rental growth since the three months ending May 2022 (2.9%). “The annual trend in rental growth has generally been moving higher since October last year, implying the reacceleration in rental

The post Australia’s rental crisis is a policy choice appeared first on MacroBusiness.

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xkcd.com Wednesday, April 3, 2024 - 11:00 Source

The rare compound solar-lunar-nephelogical eclipse

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The Tally Room Wednesday, April 3, 2024 - 10:35 Source

The process of counting primary votes for the Tasmanian state election concluded yesterday, and we started to see preferences distributed in three of five electorates.

Tasmania doesn’t data-enter ballot papers like for most PR counts in Australia. Instead, each round of preference distributions is conducted and then reported successively.

This will likely mean that some seats that are not yet clear will become clear as the preferences distributions proceed.

So I thought I would do blog post updates at the end of each day’s count.

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MacroBusiness Wednesday, April 3, 2024 - 10:30 Source

The Market Ear with the latest equity internals. 5200 matters This is where the lower part of the perfect Madoff channel comes in, as well as the 21 day moving average. 5200 is the make or break level. Refinitiv Spooky rates The US 10 year has not closed here since late November. Back then the

The post Bull market gallops into oil storm appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 3, 2024 - 10:00 Source

DXY took a breather: AUD firmed: Brent and gold running together is not a good sign for everything else: Copper and Aluminium are warm: Miners kicked: EM wants to break out: Something hit junk: Yields up: Stocks down: The AI party has a problem. Oil is breaking higher: Oil stocks are the new AI: If

The post Autralian dollar hangs on as oil rages appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 3, 2024 - 09:30 Source

And why not? The new head of state could not be better qualified. Sam Mostyn currently holds: Non Executive Director, Mirvac Non Executive Director, Citibank Pty Ltd President, Australian Council for International Development (ACFID) Non Executive Director, Virgin Australia Holdings Ltd Deputy Chair, Diversity Council of Australia Now that’s real estate royalty, right there. Governor

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MacroBusiness Wednesday, April 3, 2024 - 09:00 Source

Despite strong economic data in both the US and Europe, expectations of delayed rate cuts caused risk markets to pullback from their recent floating on high with the USD falling for the first time in weeks. Wall Street dropped nearly 1% across the board, dragging European stocks down which should translate into a poor opening

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Wednesday, April 3, 2024 - 08:53 Source

Dmitry Trenin: Russia is undergoing a new, invisible revolutionThe US-led bloc has pushed the country to develop a new awareness of itself and its place in the world

When President Vladimir Putin, back in February 2022, launched Russia’s military operation in Ukraine, he had specific, but limited objectives in mind. It was essentially about assuring Russia’s security vis-à-vis NATO.

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MacroBusiness Wednesday, April 3, 2024 - 08:30 Source

Shanghai steel futures finally stopped falling yesterday which help[ed stablise SGX: Dalain was up last night: It all still looks like dead cats bouncing down a mountainside to me: Today, let’s look at the bubble in the iron ore miners. All three are trading far above where they should be relative to the underlying price

The post IronOre3 bigger bubble than Mag7 appeared first on MacroBusiness.

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New Politics Wednesday, April 3, 2024 - 08:30 Source

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The Tally Room Wednesday, April 3, 2024 - 07:00 Source

Ben is joined by Sofia Ammassari from Griffith University to discuss the upcoming Indian federal election.

The world’s largest democracy is going to the polls in April, May and June, with Narendra Modi’s BJP looking set for a third term in office.

We discuss the electoral system, major political issues and the Modi government’s recent history.

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Your Democracy Wednesday, April 3, 2024 - 06:43 Source

Millennials, also known as Generation Y (often shortened to Gen Y), are the demographic cohort following Generation X and preceding Generation Z.

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Your Democracy Wednesday, April 3, 2024 - 05:57 Source

Paris mayor Anne Hidalgo said on Saturday Russian and Belarusian athletes "were not welcome" at the Olympics being staged in the French capital this year.

"I want to tell Russian and Belarusian athletes that they are not welcome in Paris and to tell Ukrainian athletes and all the Ukrainian people that we support them very strongly," Hidalgo said in a video posted by Ukrainian YouTube channel, United News.

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MacroBusiness Wednesday, April 3, 2024 - 00:05 Source

YIMBYs, developers, think tanks, and the media urge politicians to relax planning rules so that hundreds of thousands of high-rise apartments can be built quickly across our cities ”missing middle” to accommodate the federal government’s mass immigration policy. Their arguments ignore overwhelming empirical evidence that the last decade’s high-rise apartment boom was a failure. The

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MacroBusiness Wednesday, April 3, 2024 - 00:01 Source

Here is the definition of the ALP from ChatGPt: The Australian Labor Party (ALP) is one of the major political parties in Australia. It was founded in the 1890s and is traditionally associated with the center-left of the political spectrum. The party advocates for social justice, workers’ rights, and progressive policies. Over the years, the

The post Labor should crucify Albanese appeared first on MacroBusiness.

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Renew Economy Tuesday, April 2, 2024 - 21:43 Source
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Renew Economy Tuesday, April 2, 2024 - 21:20 Source
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Renew Economy Tuesday, April 2, 2024 - 20:47 Source
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Your Democracy Tuesday, April 2, 2024 - 18:59 Source

Mainline industrial confinement livestock producers routinely feeding subtherapeutic antibiotics to their animals have been desperate for an alternative for many years. As superbugs like cDiff and MRSA developed, consumer backlash against ubiquitous antibiotic use increased.

 

A Fauci for Every Farm Animal

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The Australian Independent Media Network Tuesday, April 2, 2024 - 18:52 Source

After the Super Tuesday results signalled Trump would become the Republican presidential candidate in November, a first promise was that “We’re going to drill baby drill.” One of the most important reasons to watch American politics this year is that a Trump victory will push the world faster towards catastrophic climate heating. The global community…

The post A Republican victory in 2024 is a “free market” death sentence for humanity appeared first on The AIM Network.

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MacroBusiness Tuesday, April 2, 2024 - 16:30 Source

Asian share markets are still in mixed conditions despite some strong economic catalysts after the Easter break with a somewhat weak lead from Wall Street not helping local stocks as much as thought. The high USD and higher bond yields continue to dominate currency markets as the Australian dollar for example remains depressed below the

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, April 2, 2024 - 16:08 Source

The human mind is often incapable of tolerating the limitless nature of a universe, the absence of a divine architect, or appreciate that intended designs may be absent when it comes to events awful, ghastly and catastrophic. A disaster with some human agency is bound to have arisen because of a constructed plan, a template…

The post The Baltimore Bridge Collapse: Conspiracy as Mother’s Milk appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, April 2, 2024 - 15:43 Source

Australian Council for International Development Media Release The Australian Council for International Development, the peak body for the aid and humanitarian agencies, has today expressed its deepest condolences to the family of killed Australian aid worker Zomi Frankcom. Ms Frankcom was killed, along with four of her fellow aid workers, by an Israeli air strike…

The post Killing of Australian aid worker in Gaza tragic and preventable appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, April 2, 2024 - 15:34 Source

UNSW Media Release The ‘right to disconnect’ has been gaining traction globally in recent years, and Australia has joined the movement with the recent passing of the Fair Work Amendment (Right to Disconnect) Bill 2023.    The new legislation is a response to growing concerns about work-related mental health issues, particularly those linked to stress and overwork.…

The post Right to Disconnect: Will it work? And what does it mean? appeared first on The AIM Network.

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