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This is Australia, not 1984

July 30, 2025 - 08:00 -- Admin

The federal government was advised by eSafety Commissioner Julie Inman-Grant to scrap YouTube’s exemption from laws banning people under the age of 16 from using social media, which are scheduled to take effect in December. Prime Minister Anthony Albanese appeared with David Spears on ABC Insiders over the weekend, where Albanese claimed that the eSafety

EVERYBODY wants gas reservation

July 30, 2025 - 06:07 -- Admin

You do not have this high an agreement on whether the Earth is round. AFR. Research by pollster Redbridge for the Australian Pipelines and Gas Association – which represents “downstream” gas businesses – found voter support for a domestic gas reserve at 86 per cent, while less than 5 per cent of voters expressed any

How Australia’s economy turned African

July 30, 2025 - 00:05 -- Admin

Australia’s economy ranked 102nd out of 145 countries on the latest Harvard Atlas of Economic Complexity, which measures the diversity and knowledge intensity of a country’s export mix. Australia ranked behind Bangladesh (100) and Senegal (101). The ranking suggests that Australia has become one of the least self-sufficient and sophisticated economies in the world. ABC

Macro Afternoon

July 29, 2025 - 16:00 -- Admin

Asian share markets are generally weaker across the board as risk markets try to absorb the impact of the latest trade “deal” from the Trump regime while also anticipating some pretty big macro and economic releases in the coming session.  Wall Street is the only light of hope for the bubble boys as earnings continue

Australia must lift defence spending

July 29, 2025 - 13:30 -- Admin

Lifting Australian defence spending is a policy no-brainer. Our security environment is rapidly deteriorating as China turns to bellicose assertion of its interests via a large blue-water navy. Ignoring the recent missile drills by a Chinese nuclear-capable flotilla minutes off Sydney is ridiculous. We need a credible threat to respond to such activity, or every

The bubble is back

July 29, 2025 - 13:00 -- Admin

The Market Ear on the inflating bubble. Crazy can get crazier Even at all-time highs, markets still seem to have firepower left. Systematic buyers are stepping in, retail is betting on AI small caps, and hedge fund net length remains below peak. We’re not saying it’s rational—but in the land of melt-ups, “crazy can get

Let AI tear Australia a new economy

July 29, 2025 - 12:30 -- Admin

Gottiboff is in panic mode at The Australian about the AI revolution: In the next six to 12 months vast numbers of the Australian middle class employed in private sector service industries will either lose their jobs or will feel very insecure. Again, they are totally unprepared for what is ahead. Here in Australia much

Green hydrogen dream turns taxpayer nightmare

July 29, 2025 - 12:00 -- Admin

Earlier this year, the Albanese government pledged more than $800 million in production subsidies for a green hydrogen project in remote Western Australia. This formed part of the federal government’s $8.7 billion war chest to create incentives for green hydrogen. Labor’s Future Made in Australia (FMIA) plan, revealed in 2024, included a $6.7 billion budget

Twiggy needs some media advice

July 29, 2025 - 11:30 -- Admin

From Twiggy Forrest today. The Australian. I love my country to my core and will defend it at any cost. I grew up in the great Australian Outback and fell heavily for the land we call our own. I’ve been a builder and creator for as long as I can remember, which led to the

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