NEW VIDEO: Michelle Milthorpe speaks to 6 News about why she's running in the Farrer by-election, why she doesn't consider herself to be a 'teal' and her views on key policies including water, net zero and a new hospital WATCH: www.youtube.com/watch?v=sifL...

UPDATE: New Bluesky signups in Christmas Day are on pace to exceed 100,000 for the first time since the fallout of "Liberation Day" Japanese users are not done with their mass exodus yet. bskycheck.com

Woollahra Council are having a massive sook over plans for more housing directly behind Edgecliff Station. They say one of the richest parts of the country has enough housing already, and moan about traffic and heritage. Have your say: www.planningportal.nsw.gov.au/ppr/under-ex...

Both headline and trimmed mean inflation in Australia are around target The monthly trimmed mean inflation rate points to a further step down in quarterly annual trimmed mean inflation. The Mthly CPI is continuing to see more items with annual inflation below 2%yoy than above 3%

Australia’s composite PMI +0.7pts to 51,3 in March mainly driven by manufacturing with new orders and employment up. Input price pressures rose but output price pressures fell.

Feb Melbourne Institute Inflation Gauge -0.2%mom/2.2%yoy Trimmed mean -0.1%mom/2.3%yoy Suggests a continuing downtrend in the ABS’ measures of CPI and trimmed mean inflation supporting the case for further RBA rate cuts this year.

The Jan CPI indicator suggests quarterly inflation is holding ~2.5%yoy (altho electricity rebates are still rolling off) and trimmed mean points to a further fall in qtrly trimmed mean infl. Aust inflation is in line with other major countries with trimmed mean ~ Can & Europe

Eurozone shares -0.4% US shares -0.5% after initially +0.5%,with Nas -1.2% & Trump saying expects 25% tariffs on Can & Mex to go ahead US 10 yr yld -3bp to 4.4% Oil +0.7% to $70.8 Gold +0.5% to $2051.4 Iron ore +0.05% to $107.6 Bitcoin $94.3k ASX futures -0.8% $A 0.6347 w $US flat

The attached note takes a look at the RBA’s move to cut rates and what it means for the economy and investors. www.amp.com.au/resources/in...

RBA cut to 4.1% as expected citing inflation easing a little faster than expected & more confidence its moving back to target But it was a cautious cut with upside risks to infl & a tight labour mkt We expect RBA to hold in Apr & cut again in May & Aug taking cash rate to 3.6%

This attached note takes a look at some of the main questions investors have in a simple Q&A format, particularly around Trump’s tariffs, the impact on Australia, the RBA next week, the $A and gold. www.amp.com.au/resources/in...

Eurozone shares +0.1% (+1.3% wk) US shares -0.5% (-1% wk), +0.8% but fell as Trump repeated 1 Feb tariffs on Can, Mex & Ch US 10 yr yld +3bp to 4.54% Oil +1.2% to $73.6 w Trump talking tariff on oil Gold +0.1% to $2798.4 Bitcoin $102.3k Iron ore flat at $101.6 ASX futures -1.2% $A 0.621 w $US +0.7%

Bluesky is having another surge and is less than 10,000 users away from 30 million.

Aust Dec qtr CPI +0.2%qoq/2.4%y, trimmed mean +0.5%q/3.2%y This was in line with our forecasts but < RBA & mkt. Trimmed mean was 2%annualised in Dec qtr & 2.7%annualised for last 6 mths Dec Mthly trimmed mean slowed to 2.7%y Expect RBA to cut in Feb & in May Money mkt prob is 91%

The US PMI for Jan fell sharply as services slowed. Input and output prices rose, possibly due to higher oil prices, but the trend remains down in the latter suggesting disinflation continues.

@sydney.yimby.au @cityofsydney.bsky.social has put up for consultation their entertainment zones policy, which aims to relax rules around the night time economy. Not housing related but NIMBYs will be out in force and need to be countered! Takes 5 mins www.cityofsydney.nsw.gov.au/policy-plann...

Talk of a $3.7bn Boxing Day/end yr spending boost is not really that impressive: more spending in “sales” periods reflects struggling consumers searching for bargains & +2.7%yoy means real sales per person will actually go backwards by ~2%yoy after inflation & pop grth www.afr.com/companies/re...

Aust Sep qtr residential vacancy rates remains very low according to REIA data but are starting to edge up, esp in Perth. This in turn along with poor rental affordability is seeing rental grth slow…consistent with other indicators of slowing rental grth (eg from Core Logic)

China Nov data was softer than exp, esp retail & inv. However, retail sales may have been distorted by early Double 11 sales that pulled spending into Oct. Still a 2 speed econ with weak property sales & investment but home price falls have slowed. 2024 GDP likely ~5%. But still need more stimulus.

We are firmly on a path towards 100% renewable energy. We're already at almost 40%. But Dutton's wants to slam the brakes on clean energy - and keep coal burning for longer.

One of the best #ausecon economists and commentators, Shane Oliver @shaneoliver.bsky.social chief economist at AMP has moved across from the other place to join Bluesky, which is great news. Welcome him with a follow!

My 1st ever post on @Bluesky! A brief & early history of the fall of Assad. If u have 5 mins here’s my take on Assad, his use of barrel bombs, who Hayat Tahrir al-Sham are and what all this means for Iran & Russia. www.youtube.com/watch?v=oi-e...

One of the best #ausecon economists and commentators, Shane Oliver @shaneoliver.bsky.social chief economist at AMP has moved across from the other place to join Bluesky, which is great news. Welcome him with a follow!

Aust Oct CPI 2.1%yoy, <exp,helped by -12.3%mom for electricity (rebates). RBA will look thro this & focus on underlying inflation & here the news was mixed with infl ex volatiles falling to 2.4%y,but trimmed mean 3.5%y. The latter is trending down but will leave RBA on hold for now.

Aust PMI for Nov -0.8pts to a soft 49.4. Input & output price measures went sideways but remain in a downtrend, well down from highs Emp remained soft Falling price pressures keep a Feb rate cut alive, but RBA mins wanting 2 good qtrly CPIs suggest a hi risk of waiting to May

My first posting on BlueSky... hello

Celebrating our return to Bluesky by sharing the most batshit Australian speech ever given: Bob Katter's gay marriage speech, in all its unhinged glory. Enjoy.

Reckon once we hit 20k here we're gonna delete the twitter.

With the 2025 Federal election approaching, I've published my best estimates of margins for all seats post redistribution, along with a new and augmented electoral pendulum for the election. #auspol antonygreen.com.au/fed25-electi...

It took me twelve years (!) to build up my audience on Twitter. It took 5 days to surpass the 50% point of my Twitter following on Bluesky. I’m hopeful that the overall growth on this site will negate the need to go on Twitter altogether. Sad to see what it devolved into, but thrilled to see it die.

Im permanently off X, I’d finally had enough of the nonsense on that app, yet finding this to be an inadequate substitute purely due to the smaller user base (the ux is great I think). What do people do in this situation?

We’re a deeply unserious country

EV sales are "bombing" latest 1.9m EVs sold globally in 2024 to date, up from 1.5m last year +32% increase in global sales +34% China +33% US/Canada +21% EU/EFTA/UK …according to Rho Motion

Unfiltered fossil fuel propaganda in the Australian

Inflation lower than expected by rba, comes after quarterly inflation is lower, unemployment is higher and wages are coming off quicker than rba expected. Save for some large exogenous shock from a geopolitical event rates are not rising again, will be falling by September #ausecon

This website just needs a few more people imo