Most of the world (excluding China, currently) drinks Aussie booze for less than Aussies do, especially spirits - about $40 tax on a bottle in Australia. Roughly - $86 tax per litre of pure alcohol. This conforms with the non-partisan puritan ...

Australia to refer China to the World Trade Organization over wine tariffs

I reckon that the Fed will begin tapering a lot sooner than they are telling the truth about. Same with Fed rate - six, perhaps nine months. No crystal ball required.

Fed's Bullard (2022 voter) is one of the 7; sees lift-off in "late 2022"

The central banks of other countries/unions have been destroying their economies with massive quantitative easing for about over a decade, with some lunch breaks to go outside for a ciggie. Australia only started about less that a year ago.. Not ...

Cash Is King at Australian Wealth Fund Eyeing Central Bank Pivot

Maybe the RBA doesn't know what it will be doing in two or three years. They must be really slow, half asleep and alcoholics. Or not.

Australian Dollar Underperforming As The RBA Lags Other Central Banks In Making A Hawkish Shift

I was talking about Australia, as was Mr Lowe. That is, in comparison with the other relatively free states in Australia which have good health care, freedoms, economic recoveries and respect for the Constitution, Victoria has endured the most ...

Lowe: From Recovery to Expansion

Dude hasn't ever heard of a state of Australia called Victoria. Its gone full soviet.

Lowe: From Recovery to Expansion

What is difficult for me to come to terms with is the sheer scale of their energy requirements. Was just reading about some recent hydro dams. Three Gorges is big enough for modest sized countries just on its own. Yet in the scheme of things, it is ...

Where's the detail? G7 nations agree to boost climate finance

The detail is apparently in the fine print, I heard (therefore no link) on TV. Like, many things will only start to happen in five years. Some, 15 years. The few things that take effect relatively soon are the handful of things reported. I've said ...

Boris Johnson hails 'new dawn' as UK and Australia agree free trade deal

Peoples preferences usually change gradually. Faced with ongoing highly unusual and irregular life circumstances, individuals re-assess rather more abruptly. This has happened in conjunction with mind blowing intrusive intervention by the State at ...

People Are Quitting Their Jobs at a Record Rate: What's Going On?

Smog and black smoke may include carbon dioxide. But what you saw wasn't carbon dioxide. Because carbon dioxide is invisible. China has about 1,100 coal fired power stations. I'm gunna bet that quite a decent proportion do not have anywhere near new ...

Where's the detail? G7 nations agree to boost climate finance

I'm more interested in this whole extradition thing. Wouldn't people accused of cyber crimes be best examined in the country in which they are a citizen and out of which the act occurred? Cyber naughtiness is a crime within national laws. Coz, what ...

Putin: Russia open to hacker exchange with US

PTJ is only questioning the Feds credibility *now*? He can't be serious. I'd like to think that he is much more honest when the microphones are turned off.

Paul Tudor Jones says bet heavily on every inflation trade if Fed keeps ignoring higher prices

Despite China being somewhere on the "developing"country scale, China takes full advantage of the latest technology (Western?) in building power plants - coal, nuclear and hydro. They use technology that the West would use to build new coal power ...

Where's the detail? G7 nations agree to boost climate finance

"Although China is by far the largest emitter of greenhouse gases—producing almost triple the emissions of the US, the world’s second largest emitter—there is little up-to-date information on China’s annual emissions for all sources, sectors, and ...

Where's the detail? G7 nations agree to boost climate finance

It is very important that any contributions are made in cash.

Where's the detail? G7 nations agree to boost climate finance

Could be hedging. I query the wisdom (on many levels) of this information being disclosed on a public forum.

US sentiment - A Goldilocks consumer?

Its a bit like sucking up to the schoolyard bully who has just whacked you and a bunch of others in the face. Wanna be friends? Hahaha, you stupid kid? Whack. An ex Australian Prime Minister, Mr Keating, called the Malaysian PM a recalcitrant. ...

Australia Ready to ‘Sit Around the Table’ With China: Morrison

Excuses. Pres Biden is well known for (and proud of) his astonishing ability to dismantle previous policies with his signature. If Covid is such a burden on his waking hour, maybe Biden could ask the Chinese what they know about the exact origin of ...

U.S.-China relations are ‘still deteriorating,’ says former U.S. ambassador

I happen to be acquainted with a credit risk analyst at an Australian bank, she is a clever actuarial maths cookie. She is shocked, horrified and mortified at how slack (generous) bank lending practices currently are. This comes from top down - the ...

Australians are buying $1 billion worth of property every single day, as prices break a...