Blogotariat

Indeed economist Callam Pickering has updated his job postings data to 4 June 2021, which have softened from recent highs: Victorian job postings have softened in recent weeks and are a bit weaker than the national average, up 38.7% on their pre-COVID level. Job postings across the rest of the nation are also down from

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Daniel Bleakley on why his Coal miners in Teslas video series has been such a hit, and how his Model 3 performance EV is helping to reduce fears about the fu

A recent report from the National Agricultural Labour Advisory Committee admitted that Australian farmers’ extreme reliance on cheap migrant labour is having detrimental productivity impacts by preventing farms from adopting new methods and investing in automation: In many ways, Australia is at a crossroads. Either its enterprises go all out to modernise by learning and

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Roy Morgan Research has released new data on CBD people movements, which reveals that all CBDs across the Australia are experiencing significantly lower traffic levels than pre-COVID: Not surprisingly, Melbourne’s CBD has been hit hardest following four lockdowns, with the current lockdown pushing people movements to only 19% of ‘normal’ pre-COVID levels. My view is

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Another month has gone by and mortgage stress continues to grow, according to Digital Finance Analytics as reported in The AFR: “Many households in stress have less hours worked than they want, and no income growth. Bigger mortgages by first time buyers and equity drawdowns are lifting repayments as lending standards ease and more interest-only

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More Bitcoin voodoo today. What does it say when Donald Trump becomes the voice of reason? Watch the latest video at foxbusiness.com He went on to say that it ought to be “highly regulated”. Outlawed is my preference. It’s nothing more than a worthless private currency swindle made on the principles of regulatory arbitrage. Meanwhile,

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With this note from Deutsche: Ronald Reagan (1978): “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” Joe Biden (2021): “A job is about a lot more than a paycheck. It’s about dignity. It’s about respect. It’s about being able to look your kid in the

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Policy makers and urban planners have for generations attempted and failed to diversify Australia’s economic activity and settlement away from the cities. These same central planners also regularly touted so-called ’20-minute cities’ where people can live, work and socialise, only for commute times to grow as workers shunted into the CBD on crowded trains and

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Lordy, already! A few months of three red liens policy and the titans totter. China’s largest property developer, Evergrande, is increasingly on the nose for credit markets: And equity markets: Regulators have instructed Evergrande counterparties to stress test their exposures. Evergrande denies any wrongdoing in its partly-owned Shengjing Bank Co, as well as heavy discounting

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science

The ferrous complex went a bit haywire yesterday with prices all over the joint. Spot jumped. Paper roared overnight. Steel fell: There’s not much new here. We’re just be pushed around within a range. That said, steel mill margins are still getting belted which is a major warning for iron ore going into EOFY. In

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Australia’s evolving Cold War 2.0 circumstances continue with stunning speed. The personality-disordered PM is on the hustings today with a new round of China-bashing: Morrison has warned about an emerging struggle between authoritarianism and liberalism. The Indo-Pacific is its epicentre with the rising risk of conflict. He aims to reform the WTO to fight economic

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