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Barangaroo • ausbiz.com.au
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Leaders like Steve Khan from Dandenong's 'Little India' are urging people in their community to get
#Vaxxed. "For all my brothers and sisters... go and get vaccinated, don't listen to all the rumours, all the bad press. Vaccine is safe and that's the only way forward".#ausbiz pic.twitter.com/YKITYtGqus -
Iron ore torpedoed with the benchmark sinking over 8% to $107.21....
#ausbiz#auspolpic.twitter.com/n8s7HPmuny
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Think about this. Consumer sentiment (how people feel about their finances) is
higher than 5-years ago, higher than 2020.
Most confident? People unjabbed but looking forward to getting it.
Least? Those unwilling to be vaxxed or ‘don’t know’. #ausbiz https://www.abc.net.au/news/programs/the-business/2021-09-15/could-vaccines-be-the-shot-in-the-arm-christmas/13543826?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web … -
“You don’t increase affordability by giving people more money to spend on housing,” Never a truer word spoken… and never a consensus economic conclusion so ignored by governments.
#ausbiz http://www.afr.com/real-estate/residential/low-rates-trump-new-supply-to-push-up-house-prices-rba-says-20210913-p58rd6?btis … -
$AT1 updated chart and still going strong.
@SGHiscockandCo recently becoming substantial holders is a vote of confidence.#COVID19#ausbiz https://twitter.com/therevaknight/status/1436186885672431623 …pic.twitter.com/dvU0tIXuS0
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'Staggering' waste as ASX sends millions of worthless letters. My report today on a decades-long problem… about to be fixed.
#ausbiz https://www.abc.net.au/news/2021-09-13/staggering-waste-as-asx-sends-millions-of-worthless-letters/100445528 … -
People leaving Victoria and NSW, heading to Queensland...
#ausbiz pic.twitter.com/AY4qFI70CH
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Jobs day. 11:30am. Tomorrow. Be there.
#ausbiz pic.twitter.com/WDkrVB2W0n
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NSW and VIC compounded their average mortgage sizes at 6.5% p.a for 20 years, crazy but won't last, if it happens again in the next 10 years, average mortgage sizes for NSW and VIC will be in the $1.1-$1.4m range, no way unless incomes skyrocket
#ausbiz pic.twitter.com/Z3YPco3yp3
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RBA's Lowe: He again asserts fiscal policy is the better response to snap lockdowns, he is right. It is clear that economists will need to more readily take into account policy settings in their entirety when considering what the RBA will or should do in future.
#ausbiz pic.twitter.com/TGUxj7duZO
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Vaccine hesitancy continues to fall... (
@MelbInstUOM charts)#ausbiz pic.twitter.com/wtKw0yNY78
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Employment decreased by 146,300 people in Aug-21
:-(
#ausbiz pic.twitter.com/QnLg3wX8rK
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Australian employment fell more than expected in August -146.3k. Delta leads to the steepest decline since the national lockdown but employment remains just above pre-covid levels.
#ausbiz pic.twitter.com/uHuNbpB4nS
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Week that was: Tapering that isn't quite tapering from the RBA and ECB.
#ausbiz https://jamesfostermacro.blogspot.com/2021/09/macro-review-109-taper-like-focus.html …pic.twitter.com/WkW6p3haUM
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Preview of today's Australian Labour Force Survey. Delta disruptions hit the labour market in August.
#ausbiz https://jamesfostermacro.blogspot.com/2021/09/preview-labour-force-survey-august.html …pic.twitter.com/JdY3IHmT9a
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Population growth has slowed materially with borders closed but
#Victoria is the only state to have lost population over the past year#ausbiz pic.twitter.com/ur6cNjw6QV
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RBA's Lowe suggests the market is mis-pricing cash rate expectations finds them "difficult to reconcile" with the Bank's views...
#ausbiz pic.twitter.com/J6ipPANR7m
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Employment, hours worked and participation all down heavily as Delta hits the labour market.
#ausbiz Australian employment -146.3k in August; Hours worked -3.7% https://jamesfostermacro.blogspot.com/2021/09/australian-employment-1463k-in-august.html …pic.twitter.com/VNUyVlV3Mq
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You've got to wonder how much of the weakness in stocks now is due to future erosion of profit margins. They've surged since the pandemic, and are looking toppy now. Maybe last night's reaction to CPI speaks of corporates inability to pass on rising costs to consumers.
#ausbiz pic.twitter.com/jiTH0n2WCK
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