Aussie
- Thread starter Pegasus
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All eyes are turning to incoming Qantas chief Vanessa Hudson following Alan Joyce’s early departure, and the pressure will be on her to clean up a reputational mess. His exit removes the primary lightning rod for customer dissatisfaction over fake-ticket allegations, sky-high fares and flight cancellations and delays.
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ichele Bullock beat other candidates to become Australia’s first female central bank governor in part because of her communications skills. As she takes over today, those skills are set to be tested as the Reserve Bank embarks on its biggest overhaul in decades.
Union workers at Chevron’s liquefied natural gas facilities in Western Australia continued rolling 24-hour stoppages for a second day yesterday, prolonging uncertainty over global supply of the fuel. Decisions to continue the full-day strikes will be made daily, according to an official at one of the unions representing the workers.
Union workers at Chevron’s liquefied natural gas facilities in Western Australia continued rolling 24-hour stoppages for a second day yesterday, prolonging uncertainty over global supply of the fuel. Decisions to continue the full-day strikes will be made daily, according to an official at one of the unions representing the workers.
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hile Mr Myroshnychenko has lobbied the Australian government for Bushmaster and Hawkei vehicles, to mixed success, he said he would also ask Canberra “to provide funds for direct procurement” for other weapons.
One product Ukraine was interested in procuring more of was the Slinger counter-drone system made by Canberra-based defence company EOS, used to track and shoot down enemy drones. EOS was among the companies represented at Ukraine’s defence industry conference.
“Russia keeps targeting our infrastructure,” Mr Myroshnychenko said, and systems such as Slinger offered the chance to protect major cities at a fraction of the cost of conventional missiles.
Buying Australian-made military kit with the Albanese government’s help was a “win-win” for both countries, he said.
One product Ukraine was interested in procuring more of was the Slinger counter-drone system made by Canberra-based defence company EOS, used to track and shoot down enemy drones. EOS was among the companies represented at Ukraine’s defence industry conference.
“Russia keeps targeting our infrastructure,” Mr Myroshnychenko said, and systems such as Slinger offered the chance to protect major cities at a fraction of the cost of conventional missiles.
Buying Australian-made military kit with the Albanese government’s help was a “win-win” for both countries, he said.
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The referendum on the first nations voice to parliment has happened .
So the vote was a win for the NO .
Must say i was surprised at the poor quality of the debate .
In addition the exact form it would take let alone ongoing costing was absent .
The cost of the Referendum was 300 plus million aussie $
So the vote was a win for the NO .
Must say i was surprised at the poor quality of the debate .
In addition the exact form it would take let alone ongoing costing was absent .
The cost of the Referendum was 300 plus million aussie $
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The Yes campaingers seem to have had a collective meltdown/tantrum and gone to name calling rather than take any responsibility .
The no campain said stuff like this Quote
No campaigner Nyunggai Warren Mundine told SBS's The Point the No camp would not be celebrating but 'the Australian public have told us what they want, they don't want a Voice.'
'They want the government and other people to get out there and actually do the job that needs to be done. We need to look at the billions of dollars that have been spent, and not got the outcomes that we need.'
'We need to do a performance audit of this,' the Bundjalung, Gumbaynggirr, and Yuin man said.
The no campain said stuff like this Quote
No campaigner Nyunggai Warren Mundine told SBS's The Point the No camp would not be celebrating but 'the Australian public have told us what they want, they don't want a Voice.'
'They want the government and other people to get out there and actually do the job that needs to be done. We need to look at the billions of dollars that have been spent, and not got the outcomes that we need.'
'We need to do a performance audit of this,' the Bundjalung, Gumbaynggirr, and Yuin man said.
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There was some talk in the yes campaign about the "Voice" being the thin edge of the wedge and things like more reperations etc coming up .
Really played into the NO big time .
Aussie walked away from trade talks with the EU again . Seems hard to deal with the big guys EU ,China ,US there seems to be a tendancy for them to want the deal to be slightly (or more) one sided .
Really played into the NO big time .
Aussie walked away from trade talks with the EU again . Seems hard to deal with the big guys EU ,China ,US there seems to be a tendancy for them to want the deal to be slightly (or more) one sided .
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On the other hand.
Quote
Australian businesses and consumers can now take advantage of the Australia-India Economic Cooperation and Trade Agreement (ECTA), which entered into force on 29 December 2022. Over 85 per cent of Australian goods exports by value to India are now tariff free, rising to 90 per cent by 1 January 2026, and high tariffs have been reduced on some further agricultural products. In addition, 96 per cent of imports from India are now tariff free, rising to 100 per cent by 1 January 2026.
Quote
Australian businesses and consumers can now take advantage of the Australia-India Economic Cooperation and Trade Agreement (ECTA), which entered into force on 29 December 2022. Over 85 per cent of Australian goods exports by value to India are now tariff free, rising to 90 per cent by 1 January 2026, and high tariffs have been reduced on some further agricultural products. In addition, 96 per cent of imports from India are now tariff free, rising to 100 per cent by 1 January 2026.
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Been a lot said on this lately thought I would put this exerpt of an article here .
Quote
Six per cent compound annual growth in the value of houses over the past 23 years versus 3% annual growth in average incomes has meant that household debt has had to increase from half to twice average disposable income, and from 40% of GDP to 120%. This is the most important single fact about the Australian economy. The large amount of housing debt Australians carry means that interest rates have a much greater impact on their lives, and this in turn affects inflation, wages, employment and economic growth. In the Australian economy, the price of houses is not everything but it’s almost everything, as the economist Paul Krugman once said of productivity.
Land and energy are the two basic economic inputs apart from labour, but while Australia has more of both than just about any other country, we export most of the energy and price our own at global parity, so there’s no homegrown advantage there, and we crowd into a few cities and pay each other seven to eight times our salaries for land.
High-priced houses do not create wealth; they redistribute it. And it’s meaningless because we can’t use the wealth to buy anything else – a yacht or a fast car. We can only buy other expensive houses: sell your house and you have to buy another one, cheaper if you’re downsizing, more expensive if you’re still growing a family. At the end of your life, your children get to use your housing wealth for their own housing, except that we’re all living so much longer these days it’s usually too late to be useful. And much of this housing wealth is concentrated in Sydney, where the median house value is $1.1m, double that of Perth and regional Australia.
It’s destructive because of the inequality that results: with so much wealth concentrated in the home, it stays with those who already own a house and within their families. For someone with little or no family housing equity behind them, it’s virtually impossible to break out of the cycle and build new wealth.
Quote
Six per cent compound annual growth in the value of houses over the past 23 years versus 3% annual growth in average incomes has meant that household debt has had to increase from half to twice average disposable income, and from 40% of GDP to 120%. This is the most important single fact about the Australian economy. The large amount of housing debt Australians carry means that interest rates have a much greater impact on their lives, and this in turn affects inflation, wages, employment and economic growth. In the Australian economy, the price of houses is not everything but it’s almost everything, as the economist Paul Krugman once said of productivity.
Land and energy are the two basic economic inputs apart from labour, but while Australia has more of both than just about any other country, we export most of the energy and price our own at global parity, so there’s no homegrown advantage there, and we crowd into a few cities and pay each other seven to eight times our salaries for land.
High-priced houses do not create wealth; they redistribute it. And it’s meaningless because we can’t use the wealth to buy anything else – a yacht or a fast car. We can only buy other expensive houses: sell your house and you have to buy another one, cheaper if you’re downsizing, more expensive if you’re still growing a family. At the end of your life, your children get to use your housing wealth for their own housing, except that we’re all living so much longer these days it’s usually too late to be useful. And much of this housing wealth is concentrated in Sydney, where the median house value is $1.1m, double that of Perth and regional Australia.
It’s destructive because of the inequality that results: with so much wealth concentrated in the home, it stays with those who already own a house and within their families. For someone with little or no family housing equity behind them, it’s virtually impossible to break out of the cycle and build new wealth.
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So US politics has lead to many countries questioning their alliances etc .
This from a Swiss author .
Quote.
This brings the scenario of a new nuclear arms race within imaginable reach. If the American nuclear umbrella no longer arches over the country's allies in Europe and in Asia, and if Iran openly becomes a nuclear power without the Gulf states having a guarantee of U.S. protection, then a number of countries will not simply shrug their shoulders at their new vulnerability and susceptibility to blackmail. Rather, they will seek to acquire nuclear deterrence capabilities themselves.
In such a scenario, Germany would be unlikely to pursue its own nuclear capability immediately, as there are still a number of taboos associated with this. Berlin would probably first try to slip back under the protective umbrella of a nuclear power in some way. France would be the most obvious candidate. However, it is doubtful that France would actually credibly issue such a far-reaching security guarantee for Germany. And from a German perspective, it would also be difficult to imagine becoming so heavily dependent on France. Moreover, if the last barriers to nuclear nonproliferation were to fall everywhere – if Japan and South Korea in Asia were to arm themselves with nuclear weapons, and Poland and Ukraine were also to follow this path – then Germany's inhibitions would also be likely to fall considerably.
At the same time, much would change in the Middle East. With Iran as a de facto nuclear power, and if U.S. allies could no longer depend on a protective American umbrella, Saudi Arabia in particular would be likely to seek its own nuclear-arms capacity. Turkey would also be likely to want to go down this route for reasons of power and status, especially as the loss of the American nuclear umbrella would change that country's balance of power with Russia unfavorably.
This from a Swiss author .
Quote.
This brings the scenario of a new nuclear arms race within imaginable reach. If the American nuclear umbrella no longer arches over the country's allies in Europe and in Asia, and if Iran openly becomes a nuclear power without the Gulf states having a guarantee of U.S. protection, then a number of countries will not simply shrug their shoulders at their new vulnerability and susceptibility to blackmail. Rather, they will seek to acquire nuclear deterrence capabilities themselves.
Deterrence as a guarantee of survival
The first movers in such a scenario would be countries that felt highly threatened, and which also had the requisite technical and economic capabilities. In Asia, these countries would include South Korea and Japan, which see themselves as being threatened by North Korea and China. In Europe, the main such countries would be Poland and Ukraine. Poland is increasingly being clearly identified as an enemy by an aggressive neo-imperial Russia, while Ukraine has experienced being attacked by a nuclear superpower after giving up the Soviet nuclear weapons stationed on its territory. If Ukraine had its own nuclear deterrent, this would guarantee its survival.In such a scenario, Germany would be unlikely to pursue its own nuclear capability immediately, as there are still a number of taboos associated with this. Berlin would probably first try to slip back under the protective umbrella of a nuclear power in some way. France would be the most obvious candidate. However, it is doubtful that France would actually credibly issue such a far-reaching security guarantee for Germany. And from a German perspective, it would also be difficult to imagine becoming so heavily dependent on France. Moreover, if the last barriers to nuclear nonproliferation were to fall everywhere – if Japan and South Korea in Asia were to arm themselves with nuclear weapons, and Poland and Ukraine were also to follow this path – then Germany's inhibitions would also be likely to fall considerably.
At the same time, much would change in the Middle East. With Iran as a de facto nuclear power, and if U.S. allies could no longer depend on a protective American umbrella, Saudi Arabia in particular would be likely to seek its own nuclear-arms capacity. Turkey would also be likely to want to go down this route for reasons of power and status, especially as the loss of the American nuclear umbrella would change that country's balance of power with Russia unfavorably.
Dissolution of the global nuclear order
In Asia, there would then be six nuclear powers instead of four (currently China, North Korea, India and Pakistan), in Europe five or six instead of two or three (currently France, the U.K. and Russia) and in the Middle East four instead of one (Israel). A global balance of terror would then become three regional balances of terror, each with its own rules and risks.
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A very rare recent gun double homicide has a police officer in custody . Apparently he used his service pistol .
Asset managers are turbocharging bearish wagers on the Australian currency amid views the central bank is more likely to cut rates than raise them. Real money funds held a near-record short Aussie dollar position as of Feb. 27, according to data from the Commodity Futures Trading Commission. That’s even after the RBA said it’s still considering raising interest rates to tame inflation.
It was not long ago Southeast Asia saw Australia’s foreign policy as being too closely hitched to that of the US. But a gathering of regional leaders in Melbourne this week shows how Canberra wants to carve its own path. While Canberra has heeded US calls to adopt a more proactive approach in Southeast Asia, it has also begun to show that Australia intends to become a reliable partner in its own right.
If we weren’t so preoccupied with Russia and Ukraine, Israel and Gaza, North and South Korea or China and Taiwan, we’d also be paying due attention to another conflict zone, the South China Sea, writes Andreas Kluth for Bloomberg Opinion.
Australia will consult with media organizations after Meta Platforms Inc. said it would wind down the Facebook News tab from April. “The government will look at all the options that are available to us,” Prime Minister Anthony Albanese said on Saturday. “Journalism is really important. And journalists need to be paid for the work that they do.”
Asset managers are turbocharging bearish wagers on the Australian currency amid views the central bank is more likely to cut rates than raise them. Real money funds held a near-record short Aussie dollar position as of Feb. 27, according to data from the Commodity Futures Trading Commission. That’s even after the RBA said it’s still considering raising interest rates to tame inflation.
It was not long ago Southeast Asia saw Australia’s foreign policy as being too closely hitched to that of the US. But a gathering of regional leaders in Melbourne this week shows how Canberra wants to carve its own path. While Canberra has heeded US calls to adopt a more proactive approach in Southeast Asia, it has also begun to show that Australia intends to become a reliable partner in its own right.
If we weren’t so preoccupied with Russia and Ukraine, Israel and Gaza, North and South Korea or China and Taiwan, we’d also be paying due attention to another conflict zone, the South China Sea, writes Andreas Kluth for Bloomberg Opinion.
Australia will consult with media organizations after Meta Platforms Inc. said it would wind down the Facebook News tab from April. “The government will look at all the options that are available to us,” Prime Minister Anthony Albanese said on Saturday. “Journalism is really important. And journalists need to be paid for the work that they do.”
Do you think Biden cares about your country? He couldn't even find it on a map but if you offer his kid a job he may at least learn where it's located.
