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Renew Economy Friday, February 23, 2024 - 11:15 Source
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Renew Economy Friday, February 23, 2024 - 11:01 Source
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The Australian Independent Media Network Friday, February 23, 2024 - 11:01 Source

Leading homelessness advocates and unions have united in a joint push for state and federal housing ministers to plug a $73 million funding black hole that threatens to worsen the homelessness crisis by jeopardising the future of 700 critical support jobs, as ministers meet today. Homelessness services are overwhelmed by surging demand as the nation…

The post Peak housing bodies and unions urge end to funding uncertainty appeared first on The AIM Network.

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MacroBusiness Friday, February 23, 2024 - 11:00 Source

The Institute of Public Affairs (IPA) has published an interesting report explaining how New Zealand has solved its labour shortage by engaging seniors in the labour force. IPA noted that “Australian pensioners and veterans face an effective marginal tax rate of 69% if they choose to work”, which is a major disincentive. By contrast, “pensioners

The post Use seniors to plug Australia’s labour shortages appeared first on MacroBusiness.

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xkcd.com Friday, February 23, 2024 - 11:00 Source

"Some people say light is waves, and some say it's particles, so I bet light is some in-between thing that's both wave and particle depending on how you look at it. Am I right?" "YES, BUT YOU SHOULDN'T BE!"

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Renew Economy Friday, February 23, 2024 - 10:54 Source
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The Tally Room Friday, February 23, 2024 - 10:30 Source

Nominations will close next Thursday for the Tasmanian state election, and we’ve seen a surge in candidate announcements in the last few days. I’ve just finished updating my candidate lists, and they show that there is a real increase in independent candidates compared to recent elections, pointing towards larger ballot papers than in previous Tasmanian elections.

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MacroBusiness Friday, February 23, 2024 - 10:30 Source

The National Bank of Canada has released some stunning charts on the rental crisis gripping Canada following the biggest immigration-fueled population explosion in the nation’s history, which saw the nation’s population grow by 1.25 million people in a single year. Canada’s population growth rate in 2023 was 3.2%, five times the OECD average: As shown

The post Population and rental growth go hand in hand appeared first on MacroBusiness.

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Renew Economy Friday, February 23, 2024 - 10:15 Source
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MacroBusiness Friday, February 23, 2024 - 10:06 Source

Global gas prices continue to free-fall: US $2.70GJ Europe $7.80Gj net back Asia $9.80Gj net back Except in Australia, where it comes out of the ground for $1Gj and is sold in the spot market by the East Coast Gas Cartel near Albo’s stupid $12Gj price cap: Because gas sets the marginal cost of power,

The post Sack Mad King, pull ADGSM lever NOW appeared first on MacroBusiness.

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MacroBusiness Friday, February 23, 2024 - 10:00 Source

Prime Minister Anthony Albanese was busy talking up Wednesday’s wage price data from the Australian Bureau of Statistics (ABS) which finally eked out positive real growth: Shadow Home Affairs Minister, James Paterson, hit back claiming that Australians are “substantially worse off” under the Labor government. Both are full of it. Yes, Australian wages are finally

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MacroBusiness Friday, February 23, 2024 - 09:30 Source

Every fake lefty and fake righty exposed: Culture wars have long been the favourite trick of the Murdoch press to distract the working classes while exploiting them for money and power. Today, we also have the UnMurdoch Press – The Guardian, Saturday Paper, Crikey, etc – and their obsession with fighting counter-culture wars. The battle

The post John Stewart: Culture wars end freedom appeared first on MacroBusiness.

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MacroBusiness Friday, February 23, 2024 - 09:00 Source

Wall Street put in a new record high as the latest Nvidia earnings and buzz around AI pushed the whole edifice up, dragging along European stocks as well as the latest global PMI readings came in better than expected. This saw bond markets sell off again as yields rose across the complex while the USD

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Friday, February 23, 2024 - 08:30 Source

The Market Ear on the rampaging bull. Mag7 – what bubble? BofA’s great derivatives team points out : “Most historical asset bubbles have seen volatility rise substantially prior to the bubble peak as assets begin to trade more on momentum and less on any fundamental grounding”. Mag7 is far from the real manias when it

The post What bubble? appeared first on MacroBusiness.

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Renew Economy Friday, February 23, 2024 - 07:14 Source
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Your Democracy Friday, February 23, 2024 - 06:54 Source

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Your Democracy Friday, February 23, 2024 - 06:44 Source

Dear Julian, We’re holding you in our hearts. I had a strong dream about you recently. It was clear and simple. You were free; walking in the streets of Melbourne. It was lunchtime on a sunny day. You were happy and relaxed and all passers by were friendly and glad to see you. May this dream come true. I sense that it will.

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Your Democracy Friday, February 23, 2024 - 06:27 Source

US President Joe Biden’s recent insulting remarks are proof that it would be better for Russia if he stayed in office, Russian President Vladimir Putin said on Thursday.

Speaking at a fundraiser in California on Wednesday, Biden had called Putin a “crazy son of a b*tch.” Russian journalist Pavel Zarubin asked the Russian president to comment on this. 

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MacroBusiness Friday, February 23, 2024 - 00:05 Source

Inflation is falling back down to earth across the globe. This reflects the unwinding of pandemic supply bottlenecks, which saw factories and shipping lanes close, driving goods and tradeable inflation through the roof amid strong government stimulus. The world’s economies are now experiencing the flipside. Factories and shipping lanes are open (save for Houthi attacks

The post Inflation is plunging. Rate cuts are coming. appeared first on MacroBusiness.

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Your Democracy Thursday, February 22, 2024 - 20:18 Source

Community opposition to the AUKUS project finds expression in a Sydney suburb.

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The Australian Independent Media Network Thursday, February 22, 2024 - 19:38 Source

United Nations Media Release UN experts* today expressed alarm over credible allegations of egregious human rights violations to which Palestinian women and girls continue to be subjected in the Gaza Strip and the West Bank. Palestinian women and girls have reportedly been arbitrarily executed in Gaza, often together with family members, including their children, according…

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Cheeseburger Gothic Thursday, February 22, 2024 - 17:48 Source

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Renew Economy Thursday, February 22, 2024 - 17:22 Source
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MacroBusiness Thursday, February 22, 2024 - 17:00 Source

Asian share markets are starting to lift together – except local stocks – with Japanese markets playing catchup to the post NY rally in Chinese stocks while futures are looking promising for overnight markets. The USD is still pulling back against most of the major currency pairs, while the Australian dollar is pushing higher above

The post Macro Afternoon appeared first on MacroBusiness.

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THE BLOT REPORT Thursday, February 22, 2024 - 16:29 Source

The Nazis burnt books by Albert Einstein, Sigmund Freud, Thomas Mann, Erich Maria Remarque among many other well-known intellectuals, scientists and cultural figures, many of whom were Jewish1. 

The 1929 Nobel Prize-winning German author Thomas Mann, supported the Weimar Republic and his critique of fascism raised Nazi ire. Erich Maria Remarque was vilified by Nazi ideologues for his unflinching description of the First World War in All Quiet on the Western Front. The Nazis characterised it as “a literary betrayal of the soldiers of the World War”1.

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The Australian Independent Media Network Thursday, February 22, 2024 - 16:19 Source

On February 20, it was clear that things were not going to be made easy for Julian Assange, the WikiLeaks founder who infuriated the US imperium, the national security establishment, and a stable of journalists upset that he had cut their ill-tended lawns. He was too ill to attend what may well be the final…

The post Identifying Imperial Venality: Day One of Julian Assange’s High Court Appeal appeared first on The AIM Network.

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Renew Economy Thursday, February 22, 2024 - 15:27 Source
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Renew Economy Thursday, February 22, 2024 - 15:14 Source
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Renew Economy Thursday, February 22, 2024 - 15:10 Source
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Renew Economy Thursday, February 22, 2024 - 15:09 Source
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