Blogotariat

Oz Blog News Commentary
Renew Economy Friday, April 5, 2024 - 12:49 Source
Read more Views: 44
Renew Economy Friday, April 5, 2024 - 12:45 Source
Read more Views: 41
Your Democracy Friday, April 5, 2024 - 12:32 Source

I congratulate Samantha Mostyn on her appointment as Governor-General. Such an appointment is a great honour.

Ms Mostyn has given much service to public life as she has to both community and business life. This service marked her out as a distinguished communitarian with a complex range of interests. And with those interests, experience.

Read more Views: 38
MacroBusiness Friday, April 5, 2024 - 12:30 Source

A bubble, in fact. Morningstar with the note. Fortescue is the world’s fourth-largest iron ore exporter. Margins are well below industry leaders BHP and Rio Tinto, and some way behind Vale, meaning Fortescue sits in the highest half of the cost curve. This is a primary driver of our no-moat rating. Lower margins primarily result

The post Fortescue bubble to burst appeared first on MacroBusiness.

Read more Views: 52
The Australian Independent Media Network Friday, April 5, 2024 - 12:28 Source

The Australian Prime Minister, Anthony Albanese, was distraught and testy. It seemed that, on this occasion, Israel had gone too far. Not too far in killing over 32,000 Palestinians in Gaza, a staggering percentage of them being children. Not too far in terms of using starvation as a weapon of war. Not too far in…

The post Killing Aid Workers: Australia’s Muddled Policy on Israel appeared first on The AIM Network.

Read more Views: 33
MacroBusiness Friday, April 5, 2024 - 12:00 Source

Australia is experiencing one of the most significant housing shortages in history, following population growth of 660,000 in the year to September 2023 and net dwelling additions of only 156,000 over the same period. The Albanese government has set a target of building 1.2 million homes over five years, requiring 20,000 homes to be built

The post Australia, Canada put lipstick on housing pig appeared first on MacroBusiness.

Read more Views: 33
MacroBusiness Friday, April 5, 2024 - 11:30 Source

As we all know, Australia’s population increased by 660,000 in the year to September 2023, driven by net overseas migration of 549,000. However, throughout the same period, we constructed only 155,600 dwellings (net of demolitions), which means we created just one home for every 4.24 new residents. This explains why the nation’s rental vacancy rate

The post Stop playing skills shortage ‘whack-a-mole’ appeared first on MacroBusiness.

Read more Views: 34
MacroBusiness Friday, April 5, 2024 - 11:00 Source

I like Phil Lowe. He means well. He didn’t parley his public service into a job at Macquarie Bank. But, Phil, this is garbage: While inflation slowed from a peak of 7.8 per cent in December 2022 to 4.1 per cent in December last year, Lowe said the “missing piece” for central banks to be

The post 10 years later, Phil Lowe still hasn’t worked it out appeared first on MacroBusiness.

Read more Views: 38
xkcd.com Friday, April 5, 2024 - 11:00 Source

The Credible Machine

Read more Views: 15
The Tally Room Friday, April 5, 2024 - 10:30 Source

NSW Nationals MP Adam Marshall announced his retirement yesterday, which will force a by-election for his state seat of Northern Tablelands in the New England region of NSW.

Northern Tablelands has always been a strong area for the Nationals, but has also been a strong area for independents in the past. Richard Torbay won the seat as an independent in 1999, and held it by a large margin until he quit in 2013 after a failed attempt at contesting the overlapping federal seat as a National.

Read more Views: 32
MacroBusiness Friday, April 5, 2024 - 10:30 Source

DXY eased: AUD popped: No help from North Asia: Oil bull: Dirt bull: Mining bust: EM false break out: Junk is warning: Yields eased: Stocks puked: Weirdly, it is a battle between dovish Fed speakers pushing down DXY and an oil bull run that has mounting geopolitical tailwinds, and dovish Fed speakers behind it. UBS

The post Australian dollar floats on oil appeared first on MacroBusiness.

Read more Views: 46
Renew Economy Friday, April 5, 2024 - 10:07 Source

Read more Views: 32
MacroBusiness Friday, April 5, 2024 - 10:00 Source

Don’t say I didn’t warn you. The Market Ear has more on the sinking heard.  Stressy VIX Gradually, then suddenly. On Tuesday, in our post “Green Shoots of Fear”, we pointed out that some of the “indicators” we watch were showing a pick up in fear. Fast forward to today and things are looking much

The post Bulls gallop into oil sinkhole appeared first on MacroBusiness.

Read more Views: 42
Cheeseburger Gothic Friday, April 5, 2024 - 09:34 Source

Oh boy. I have real sympathy for this woman because she simply told the truth, or at least her understanding of it, and now she’s in the free-fire zone for the robot wars.

Read more Views: 49
MacroBusiness Friday, April 5, 2024 - 09:30 Source

China is closed, but SGX futures kept falling yesterday: Every seaborne tonne is still making money up here. There’s no meaningful pressure on any supply above $80, which is where we are going next. The news is bad: iron ore prices continued to weaken Thursday after news on Chinese commodity websites that the government would

The post Iron oreful continues appeared first on MacroBusiness.

Read more Views: 37
MacroBusiness Friday, April 5, 2024 - 09:00 Source

Wall Street fell sharply overnight on very cool Fedspeak that indicated that the US Federal Reserve is still being quite patient when it comes to rate cuts, as inflation concerns remain high. The initial jobless claims before tonight’s all important non-farm payrolls aka US employment numbers were slightly cooler but not substantially higher, adding to

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 40
Renew Economy Friday, April 5, 2024 - 08:53 Source
Read more Views: 41
Your Democracy Friday, April 5, 2024 - 06:27 Source

Membership of NATO is no guarantee of democracy

Read more Views: 41
Your Democracy Friday, April 5, 2024 - 06:05 Source

WE IN THE WEST SEE DEMOCRACY AS A BATTLE BETWEEN TWO SIDES. IT SHOULD NOT BE THIS WAY. IT ALWAYS ENDS UP IN THE DITCH OF COMPROMISES WHEN ONE SIDE HAS THE UPPER HAND BY A FACTOR OF ONE MORE VOTE THAN THE OTHER. BUT MORE OFTEN THAN NOT, DEMOCRACY ENDS UP FASCIST.

 

FOR EXAMPLE:

Read more Views: 43
Your Democracy Friday, April 5, 2024 - 03:37 Source

 

MORE TO COME.

 

it's time for being earnest.....

Read more Views: 48
Your Democracy Friday, April 5, 2024 - 03:18 Source

NATO marks 75 years

The North Atlantic Treaty Organization was created on April 4, 1949, as the Cold War began. Sweden became the defense alliance's 32nd member on March 7, 2024, and Ukraine hopes to join amid the ongoing war with Russia.

Read more Views: 50
MacroBusiness Friday, April 5, 2024 - 00:10 Source

The Albanese government’s target is to build 1.2 million homes over five years, requiring 20,000 homes to be built monthly. On Thursday, the Australian Bureau of Statistics (ABS) released dwelling approvals data, which suggested the construction run rate is around 40% below the government’s target, with only 12,400 homes approved for construction in February in

The post Australia’s housing disaster takes critical turn appeared first on MacroBusiness.

Read more Views: 48
MacroBusiness Friday, April 5, 2024 - 00:05 Source

In a humanist world worth its salt, MB would not exist. MB is a voice of reason. It proceeds using a classic scientific method. Sometimes, it is deductive. Sometimes, it is inductive. Those who understand the philosophy of science and epistemology will know this is an unresolved debate. The ‘black swan’ is a good case

The post Why Albo is vomit appeared first on MacroBusiness.

Read more Views: 43
Renew Economy Thursday, April 4, 2024 - 23:41 Source
Read more Views: 57
The Tally Room Thursday, April 4, 2024 - 22:24 Source

Quite a lot of counting was conducted today, with Braddon particularly proving interesting.

Any remaining doubt about the party breakdown in Franklin and Lyons has now been cleared up.

The only seats left unclear are:

  • Craig Garland or Vonette Mead (Liberal) for the final seat in Braddon
  • Liberal candidate Simon Wood is leading for the third Liberal seat in Bass

Bass

Read more Views: 47
Renew Economy Thursday, April 4, 2024 - 21:58 Source
Read more Views: 67
Your Democracy Thursday, April 4, 2024 - 20:48 Source

“The IDF has an affirmative responsibility to know what it is dropping bombs on,” said former Biden official Jeremy Konyndyk. “Kirby confirms they ignored that.”

 

JULIA CONLEY

Apr 03, 2024

 

Read more Views: 49
The Australian Independent Media Network Thursday, April 4, 2024 - 19:43 Source

Ok, this may not be exactly accurate, but doesn’t it strike anyone else as ironic that many of the people who argued that we shouldn’t have a republic where we get to vote on who the head of state are now saying that they don’t like Albanese’s choice of Governor-General and that it should be…

The post Monarchists Demand Say In GG Appointment appeared first on The AIM Network.

Read more Views: 48
MacroBusiness Thursday, April 4, 2024 - 16:30 Source

Asian share markets are bouncing back despite closed Chinese markets and relatively low rebound overnight on Wall Street. The shakeout from Fed Chair Powell’s speech and the falling of USD is helping buoy risk spirits but this maybe temporary as bond markets have not yet fully reacted. The Australian dollar has benefited from the reversal

The post Macro Afternoon appeared first on MacroBusiness.

Read more Views: 48
Renew Economy Thursday, April 4, 2024 - 15:06 Source
Read more Views: 52

Pages