What price Australian smelters? Major global companies like Trafigura, Glencore and Rio Tinto are all negotiating what additional financial assistance federal and state governments are willing to provide to keep aged, uncompetitive smelters operating in Australia. …China has created a worldwide glut of refining and smelting capacity. That has driven down prices and viability for smelters in
Overnight solid earnings on tech stocks sent Wall Street higher even though NVIDIA is off somewhat with additional US economic data (or lack thereof due to the Trump regime hiding the bad news) reinforcing the notion that the December rate cut from the Fed is firming, giving a general boost to risk markets. The USD
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Brisbane’s post-pandemic housing boom has trashed affordability for first home buyers and tenants alike. Turning to prices first, Proptrack reports that Brisbane dwelling values have soared by 104% since the beginning of the Covid-19 pandemic in March 2020: The impact on affordability was illustrated in all of its hideous glory in Cotality’s latest housing affordability
Ben was joined by Michael Evangelidis from GovConnex to discuss the factions of the Liberal Party of Australia – how fluid they are, how they work from the branch level to federal and state party rooms, and how the factions have changed in recent years.
London: A deal to end the war in Ukraine has gained more ground in talks to settle deep disputes over land claims and military power, as leaders from the US and Europe claim progress in revising the terms to be put to Russia.
For years one of the most hazardous places to stand was between mining billionaire Andrew Forrest and a microphone. These days the even-wealthier Gina Rinehart is challenging Forrest on visibility and hyperbole.
Australia’s unemployment rate is currently tracking at a historically low 4.3% and the Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy forecasts that it will remain at around its current level until the end of 2027. The primary reason why Australia’s unemployment rate is so low is because government spending has driven a
Jowett and O’Donnell (2012), scholars in the field of political communication and propaganda studies, define propaganda as “the deliberate, systematic attempt to shape perceptions, manipulate cognitions, and direct behaviour to achieve a response that furthers the desired intent of the propagandist.”
Ukraine working with US to look for 'compromises that strengthen, not weaken us,' Zelenskyy says
Ukrainian president Volodymyr Zelenskyy insisted that “the core principle that kept Europe peaceful longer than at any other time in its history must be respected,” as borders should not be changed by force.
Following the Libs ‘Net Zero’ battle, ‘Net Gain’ will be the focus this week as Murray Watt struggles to get changes to environmental laws passed. Rex Patrick reports.
One of the changes in Minister Watt’s Environmental Protection and Biodiversity Conservation reform is the introduction of a requirement for a proposed project to pass a ‘net gain’ test.
Asian equity markets are mixed in today’s session as Japanese markets return with all eyes on talks between China, Japan and USA in recent days but the newsflow and outcome has been vague at best. With the shortened trading week due to US Thanksgiving risk markets are effectively in a holding pattern. Currency land was
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