One of the negative outcomes from the Australia-United States Free Trade Agreement (AUSFTA), which took effect in 2005, was that it increased patent and copyright terms, raising the price of drugs and copyrighted products. Thomas Faunce from the Australian National University (ANU) assessed that AUSFTA “undermined Australia’s PBS” by “allowing the US to alter the
On 27th November, ten of the UK’s leading experts briefed an invite-only audience of around 1,250 politicians and leaders from business, culture, faith, sport and the media with the latest implications for health, food, national security and the economy.
It was a revelation being at home with Jane through Covid. The first couple of weeks she worked from the second desk in my office, where I’m typing this right now. I quickly gained an appreciation for her ferocious work ethic, but also for how she had to deploy it in the face of constant demands on her focus from other people in her work life.
Eventually we moved her into a spare room and after that of course, she returned to her office in the world of the real things.
Australian dwelling values marched higher in October, hitting a record high $979,000 median value across the combined capital cities, according to PropTrack. Since the beginning of the Covid-19 pandemic in March 2020, Australian dwelling values have surged in value by 59%, led by explosive growth across Brisbane, Perth, and Adelaide where prices have roughly doubled.
You can have AI or immigration, but not both unless you want a labour market disaster. But, as usual, we’ll have to find that out the hard way. At least, Aussie youth will. The Albanese government has decided against legislation to manage artificial intelligence, with a new national roadmap emphasising Labor’s focus on the technology’s
Last week, AMP chief economist Shane Oliver estimated that Australia had a cumulative shortage of at least 220,000 homes and possibly up to 300,000. “Starting in the mid-2000s annual population growth jumped by around 150,000 people largely due to a surge in net immigration– see the blue line”, Oliver wrote. “This should have been matched
It’s fixed! Two of China’s private data agencies skipped releasing monthly home sales figures without explanation, clouding the outlook for a key segment of Asia’s largest economy after fresh turmoil triggered by state-backed developer China Vanke Co. China Real Estate Information Corp. and China Index Academy, which are among the country’s biggest private property data providers,
With the release of the latest data from pollster RedBridge, it was revealed that the Coalition’s share of the primary vote had fallen to just 24% at a federal level. It’s worth noting that over 85% of this poll was conducted before the Coalition abandoned its commitment to ‘Net Zero’ by 2050. The extent to
The post Liberals fight for their political lives appeared first on MacroBusiness.
The Bitcoin bust continues. The Market Ear. Keep it simple BTC continues trading inside the perfect trend channel that has been in place since the puke began. Note the reversals off the 21 day. Source: LSEG Workspace Make or break BTC has traded inside a huge range since last October. 80k is range lows (75k
Former federal Labor MP Craig Emerson has written an article in The New Daily slamming those arguing for lower, more sustainable levels of immigration. Emerson’s main argument is that a strong immigration program is necessary to prevent Australia’s population from ageing: Apart from pointing out the obvious that, other than First Nations people we are
The Greens are right about gas. On Monday, the Greens signalled they would use that leverage to block any mechanism that “financially incentivises” gas production, and declared a levy on LNG exporters the only viable approach to rebalance the market without underwriting new development. Greens resources spokeswoman Steph Hodgins-May said Australia had ample supply and