Blogotariat

US claims Russia threatened by ‘democracy’Washington has rejected Moscow’s call to address “root causes” of the Ukraine conflict

State Department spokesman Matthew Miller has rejected Russian Foreign Minister Sergey Lavrov’s call for resolving the “root causes” of the Ukraine conflict, arguing that Moscow illegitimately fears a “functioning democracy” in Kiev.

Safety had not been valued by the state-owned operator of a Queensland power plant before a catastrophic explosion, a report finds.

A special Roy Morgan End of Financial Year (EOFY) webinar with Roy Morgan CEO Michele Levine and Nine Network Finance Editor Chris Kohler discussed Australian perspectives on corporate Australia, particularly the growing level of distrust across the economy. Distrust of any organisation or industry has skyrocketed since the pandemic began, when there was more trust

Ørsted claims its new installation technology reduces the associated underwater noise by 99%, just marginally above the ambient noise of the sea.

I keep warning that the Victorian Government’s moronic decision to proceed with the $200 billion Suburban Rail Loop (SRL) will starve the state’s residents of funding for vital infrastructure and services. Already, we are witnessing the impacts with the state government slashing funding to health clinics and hospitals. “Victoria’s priority primary care clinics are bracing

The post Victoria transforms into “the sick state” appeared first on MacroBusiness.

This stuff is completely nuts: The Greens have attacked the US alliance, claiming it increases the risk of conflict, undermines ­Australian sovereignty and ­compromises stable relations with Beijing, as the minor party ramps up calls to slash defence spending and tear up plans for nuclear-powered submarines. Defence spokesman for the minor party, David Shoebridge, said

The post Loony Greens a risk to Aussie freedom appeared first on MacroBusiness.

The post Renters “smash” into affordability ceiling appeared first on MacroBusiness.

ANZ with the note. ANZ weekly consumer confidence is going backwards amid the first few weeks of tax cuts: Consumer confidence fell 0.5pts last week to 78.5pts. The four-week moving average fell 0.5pts to 79.8pts. •‘Weekly inflation expectations’ rose 0.2ppt to 5.1%, while its four-week moving average rose 0.1ppt to 5.0%. •‘Current financial conditions’ (over

The post Tax cuts land with a whimper not a bang appeared first on MacroBusiness.

Sydney’s housing market is broken beyond repair. Sydney’s median house price has passed $1.6 million according to Domain: Median weekly rents across Sydney have also ballooned over the past three years, with detached houses experiencing the fastest inflation: With affordable housing non-existent across Sydney, “ultra-modern single and double bed capsules” are now being marketed as an

Australians are continually told that we need to run a high immigration policy to alleviate skills shortages. The people making this claim never acknowledge that Australia’s population has ballooned by 8.3 million this century via record net overseas migration, yet skills shortages are worse than ever. Recruitment data from Jobs & Skills Australia has once

The post Australia’s ‘skilled’ migration system fails again appeared first on MacroBusiness.

Shanghai rebar is back at the lows. The iron ore jaws are gaping, meaning further destocking pressure from steel mills: Mad Dalian is range trading: Coking coal not so much: RIO’s Pilbara killer is running hard: • Subsequent to the end of the quarter, all conditions were satisfied for Rio Tinto’s investment to develop the

The post Pilbara killer “unconditional” appeared first on MacroBusiness.