Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, February 13, 2024 - 14:00 Source

Ah, the fake left Guardian and its stupid, lagging and hypocritical ideas: These are the findings of the latest Guardian Essential poll of 1,148 voters, which found 56% support for providing more benefit to low- and middle-income earners by trimming tax cuts for high-income earners but less than majority support for other measures reducing tax

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The Australian Independent Media Network Tuesday, February 13, 2024 - 13:47 Source

A Charles Darwin University (CDU) academic has answered one of the modern-day legal world’s most burning questions: Can Artificial Intelligence (AI) write laws?  New research by CDU Associate Professor Guzyal Hill put ChatGPT to the test by asking it to compare, analyse and produce domestic violence legislation, exploring the quality of its legal draft work alongside the…

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MacroBusiness Tuesday, February 13, 2024 - 13:30 Source

The NBN’s huge fixed costs require that nearly every Australian household subscribe to the network in order for it to be financially viable. However, as more homes abandon the NBN in favour of wireless options, including 5G mobile and Elon Musk’s Starlink satellite internet system, the NBN’s fixed expenses are shared across a diminishing subscriber

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The Australian Independent Media Network Tuesday, February 13, 2024 - 13:22 Source

Animals have, at times, been given the same dismissively nasty treatment humans love giving themselves. Be it detention, torture, trial, and execution, the unwitting creatures can be found in the oddest situations, anthropomorphised with all the characteristics of will, thought and intention. By way of ghastly example, the Norman city of Falaise hosted the execution…

The post Feathery Infiltrators: The Case of the Pigeon Spy appeared first on The AIM Network.

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MacroBusiness Tuesday, February 13, 2024 - 13:00 Source

A snippet here on the US labour market from Standard Chartered: The BLS estimates of immigrant population and employment are very likely too low. The Congressional Budget Office (CBO)uses a top-down methodology and estimates that 3.3mn immigrants arrived in 2023, of which 2.5mn were undocumented or overstayed visas. CBO expects similar immigration in 2024. At

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MacroBusiness Tuesday, February 13, 2024 - 12:30 Source

The Housing Industry Association (HIA) says planning approvals will need to be streamlined if the federal government’s target of building 1.2 million homes in the five years from mid-2024 is to be achieved. The HIA has forecast that just over one million new homes will be built over five years unless approvals are fast-tracked, labour

The post Albo’s housing target implodes appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 12:00 Source

Lying is a way of life for corporations. So, when you launch a new business venture that will: do material harm to your home country; increase the likelihood of WWIII; do material harm to the environment, and bankroll a vicious military junta. Then create a video like this one, and everything will be OK:

The post Pilbara killer meets Bambi appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 13, 2024 - 11:30 Source

The latest Household, Income and Labour Dynamics in Australia (HILDA) survey is out and one of the interesting findings is that young adults in Australia are delaying their traditional transition to adulthood and spending more time at home with their parents. As shown in the table above, just over half of young men (54%) and

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The Australian Independent Media Network Tuesday, February 13, 2024 - 11:25 Source

Oxfam Australia Media Release Oxfam Novib, together with PAX, and the Rights Forum organisations, has won a lawsuit against the Dutch Government for exporting arms to Israel that are being used in the war in Gaza. The Dutch Court ordered the government of Netherlands to stop supplying F35 fighter jet parts to Israel within seven…

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The Australian Independent Media Network Tuesday, February 13, 2024 - 11:15 Source

Everybody’s Home Media Release As pressure mounts on the federal government to wind back property investor tax breaks, a national housing campaign is calling for the handouts to be scrapped entirely.  In its pre-budget submission, Everybody’s Home has urged the government to abolish negative gearing and the capital gains tax discount to make housing in…

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MacroBusiness Tuesday, February 13, 2024 - 11:00 Source

BofA is good at it. A“good-enough”report The January Consumer Price Index (CPI) report should show ongoing progress on inflation. We forecast headline and core CPI rose by 0.2% m/m (0.16% unrounded) and 0.3% (0.29% unrounded) respectively. As a result, y/y headline inflation should print five-tenths lower at 2.9%, and core should print one-tenth lower at

The post Previewing US inflation appeared first on MacroBusiness.

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