Statistics New Zealand has released data showing that productivity has collapsed amid the record surge in net overseas migration. “Inputs rose at a higher rate compared with outputs in the year ended March 2023, resulting in decreases in both labour and multifactor productivity”. “Labour productivity fell 0.9%. Labour productivity captures how output relates to changes
Last year, the Albanese government vowed to streamline the list of occupations eligible for employer-sponsored visas. The first draft of the new job list, devised by the government agency Jobs and Skills Australia (JSA), reportedly omits chefs, cooks, bakers, and managers, which has angered the hospitality industry. The hospitality industry is now gearing up for
In this interview with Luke Grant from Radio 2GB, I discuss the latest disastrous rental and construction data, which suggests that Australia’s rental crisis will worsen. I also discuss the latest polling showing that Australians categorically reject Big Australia immigration. Edited Transcript: Domain released its March quarter rental report, and the combined capital city house
More economists have backed Productivity Commission chair Danielle Wood’s critique of the Albanese government’s “Future Made” subsidies for low-emissions manufacturing. Former Reserve Bank of Australia (RBA) governor Bernie Fraser contends that the plan represents a risk to taxpayers. He notes that governments do not have a good track record when it comes to ‘picking winners’
South Asian students are a key driver of Australia’s record increase in net overseas migration. After the former Coalition Government relaxed the cap on international student work hours and extended the time VET graduates could stay in Australia after completing their degrees, the number of South Asian students arriving for work and residency increased dramatically.
Two election polls show that the Albanese government is staring down the barrel of a minority government. An online AFR Freshwater poll of 1055 voters from Friday to Sunday shows that Labor’s primary vote stands at 31%, unchanged from the last poll a month ago, while the Coalition’s primary vote has risen one percentage point
The post Labor facing minority government appeared first on MacroBusiness.
In December 2022, The Australia Institute (TAI) complained that Australia’s transport emissions had risen above pre-pandemic levels, which it blamed on the uptake of SUVs and utes. “The government projects that by 2035, electric vehicles will account for 44% of new car sales compared to less than 1% in 2019. But despite this uptake, transport emissions
https://www.youtube.com/watch?v=mqbeyB20b9M
Rand Paul: Fauci, 15 Agencies KNEW About Wuhan’s CORONAVIRUS Research—Interview
it's time for being earnest.....
Madeleine King, Minister for Resources in the Albanese government recently announced that she will curtail the ability of Australians to challenge resource corporation projects in court (The West Australian 26/3/24). She has several possible motivations which just might include the prospect of a lucrative post-politics career. This attack on democratic rights is built on decades…
The post Fossil Fuel’s war on protest appeared first on The AIM Network.
The Market Ear on panicking robots. Breaching big levels On April 10, in our thematic email, We are getting close to a CTA selling tsunami, we pointed out the “sensitive” set up and wrote: ” Just a few points lower CTAs will for the first time this year start selling in size…to add insult to
The post Stock crash as robots panic appeared first on MacroBusiness.
Prime Minister Anthony Albanese has today become Australia’s 22nd longest-serving prime minister, overtaking Harold Holt’s term of 1 year, 10 months and 23 days. Harold Holt was prime minister in 1966-1967. He disappeared on December 17, 1967 at Cheviot Beach, Portsea, whilst swimming. His body was never found. Albanese became the 31st prime minister on May 23, 2022, following the ALP’s victory in the election of May 21. On May 20, 2024, Albanese will over overtake Tony Abbott’s term of 1 year, 11 months and 28 days.
Megyn Kelly Describes Unprecedented Moments as Trump Goes on Trial in NYC, and Iran Attacks Israel
https://www.youtube.com/watch?v=roXt6b0QHEU