Weekend Links: 16-17 Jan, 2021

‘The Wave’ 1901, Julian Ashton, Art Gallery of NSW   Macro & Markets Investors resigned to Trump’s China ban, with Biden seen changing little – Reuters Global economy can shake off pandemic in 2021, policymakers say – Ninefax ‘This is not a game’: Global virus death toll hits 2 million – AP Revenge of the


Time for a Royal Commission on Australian politics’ China funding

Your Assistant Treasurer (and Minister for Housing) looking pretty matey with someone who may have allegiances to another nation.  Australians need to look at just who is funding Australian political processes, and who else’s interests are being served by any such funding.    YET ANOTHER SECURITY ISSUE OVER AN AUSTRALIAN POLITICIAN & SOMEONE WITH ACCESS


Summer Links: 28 December 2020

Ricketts Point, 1937, Peter Purves Smith, Art Gallery of South Australia   Macro & Markets Future shock: how will Covid change the course of business? – Guardian Chinese economy to overtake US ‘by 2028’ due to Covid – BBC Beyond the coronavirus, global shipping must meet the challenge of climate change – SCMP The year


Weekend Links: 5-6 December 2020

‘From the Sand Dunes’ John White, 1899, Art Gallery of South Australia   Macro & Markets More than 400 lawmakers from 34 countries back ‘Make Amazon Pay’ campaign – Reuters Is a post-COVID currency war coming? – Reuters US intelligence head says China is America’s ‘greatest threat’ in rare public warning – SCMP Container Shipping


MacroBusiness Links: 1 December, 2020

‘View of Geelong’ 1856, Eugene von Guerard, Geelong Gallery Macro & Markets Just like Trump’s tariffs, China’s trade attack will backfire – Ninefax There’s More Than Wine in Australia-China Trade Tension – Bloomberg, El Erian Americas ‘We’re a Pacific power’: Joe Biden faces pressure to hold hard line of defence against China – SCMP Trump


Weekend Links: 28-29 November 2020

‘Desert Landscape’, 1947, Douglas Roberts, Art Gallery of South Australia   Macro & Markets Fed policymakers may give new bond-buying guidance ‘fairly soon’: minutes – Reuters An economic recovery could happen sooner than we think – Ninefax ‘Revenge of the old economy’: Is this the start of the next commodity supercycle? – Ninefax, AEP OPEC


Sunday Supplement: 8 November 2020

‘A Billabong in the Goulburn Valley, Victoria, Australia’ 1878, H.J. Johnstone, Art Gallery of South Australia   Macro & Markets Bond markets should brace for tighter central bank squeeze – Reuters Record low rates are here to stay regardless who sits in the Oval Office. Will that keep markets pumping in the age of Covid-19?


Sunday Supplement 1 November 2020

‘McIntosh’s saw mill at Echuca, floodtime’ 1887 JW Curtis, Art Gallery of NSW   Macro & Markets ExxonMobil warns of $30bn writedown of shale assets amid energy price slump – Guardian Charting the Global Economy: Growth Surges in U.S., Euro Area – Bloomberg For Amazon, Apple, Facebook and Google business is booming – BBC In


Morrison abandons stranded Aussies

Australians offshore There are thousands of Australian citizens currently trapped outside Australia.  The Australian press is currently touting figures around 30 thousand, based on the numbers of people registered with DFAT as requiring help.  However, sources within DFAT are also canvassing the possibility that the numbers may be higher than 50 thousand in both Europe


Sunday Supplement: 25 October 2020

‘Wheel tracks’ 1970, David Armfield, Art Gallery of NSW    Macro & Markets New World Disorder: will a US-China cold war and Covid-19 finally kill off the United Nations? – SCMP…the UN is face down in the pool… People Fear a Market Crash More Than They Have in Years – NY Times U.S. antitrust case


Sunday Supplement: 18 October 2020

‘Rocks Condemned’ 1965, Reinis Zusters, Art Gallery of NSW   Macro & Markets US, China must continue coronavirus stimulus to help recovery from ‘crisis like no other’, IMF’s Georgieva says – SCMP A new coronavirus fear? New strain seen in swine has potential to jump to humans, US study finds – SCMP Top World Bank


Sunday Supplement: 11 October 2020

‘Midday, the Wimmera’ 1949, Arthur Boyd, Art Gallery of NSW   Macro & Markets HSBC calls start of a ‘great rebalancing’ as the global economy enters a flatter stage of the recovery – CNBC Scene is set for a ‘generational opportunity’ in equities, strategist says – CNBC ‘Treasuries on steroids’: U.S. banks’ mortgage bond trading


Sunday Supplement: 4 October 2020

‘Gift Bearers’ 1955, Albert Tucker, Art Gallery of NSW   Macro & Markets Low Taxes Are Never Enough to Attract Wealthy Residents – Bloomberg Climate crisis: Is it time to ditch economic growth? – DW Critical Minerals and the New Geopolitics – Project-Syndicate The Danger of Following the Fed – Project-Syndicate, Issing Don’t disregard potential


Sunday Supplement: 27 September 2020

La Perouse, 1947, William Dargie, Art Gallery of NSW   Macro & Markets Australia says world needs to know origins of COVID-19 – Reuters FinCEN Files show banks are not serious enough about beating money laundering – ABC What $2tn in possible corrupt activity reveals about Kleptopia – Guardian…the world is awash with corruption proceeds,


MB Radio: Irresponsibility becomes the new black

Ahead of the anticipated announcement of the Federal Governments trashing of responsible lending laws by moving oversight of financial lending from ASIC to APRA, Gunnamatta spoke with David Llewellyn-Smith and Leith van Onselen about the implications of the move, and how this positions the Australian economy.  The sound is a touch raw, and the discussion


Sunday Supplement: 20 September, 2020

‘The Hikers’ 1957, James Cook, Art Gallery of NSW Macro & Markets Worst Shipping Crisis in Decades Puts Lives and Trade at Risk – Bloomberg The next wave of the global recovery could send commodity prices soaring – CNBC Fed’s Kashkari says pandemic aid was also ‘banking bailout’ – Reuters U.S.-China investment flows slide to


Sunday Supplement: 13 September 2020

‘Grey day in the ranges’ 1942, Margaret Preston, Art Gallery of NSW    Macro & Markets China would rather see TikTok U.S. close than a forced sale – Reuters Rio Tinto exits seen reverberating across boardrooms – Reuters China debates cutting US access to drugs as hostilities spike – SCMP Global energy transition already well


Sunday Supplement: 6 September 2020

‘The Pink Heron’ Brett Whiteley, 1969, Art Gallery of NSW   Macro & Markets Anthropologist and Occupy activist David Graeber dies – DW…vale, and thanks for the definitive work of our age ‘bullshit jobs’…. China may ditch US Treasuries as decoupling risk looms: Global Times – SCMP…financialised MAD – people have been pointing out there


Sunday Supplement: 30 August 2020

‘Trawool Landscape’ 1928, Tom Roberts, Art Gallery of NSW   Macro & Markets The world must have no more illusions about America’s global leadership – SCMP China could weaponise drug exports to retaliate against US chip restrictions, Beijing adviser says – SCMP Which Is The Better Investment: Big Oil Or Renewables? – OilPrice Powell’s white-collar


Weekend Links: 22-23 August 2020

‘Kosciusko’ 1930, Will Ashton, Art Gallery of NSW   Macro & Markets China, US to hold phase one trade deal talks ‘in the coming days’ – SCMP China’s wish to end US dollar dominance is unlikely to come true with no genuine challenger in the wings – SCMP U.S., China differ over plans for Phase


Sunday Supplement: 16 August 2020

‘Factories on the Yarra’, 1928, Aletta Lewis, Art Gallery of NSW    Macro & Markets Trump orders ByteDance to divest interest in U.S. TikTok operations within 90 days – Reuters A faltering U.S.-China trade deal is now the nations’ strongest link – Reuters Trump admits he’s blocking postal cash to stop mail-in votes – AP


Weekend Links: 8-9 August 2020

Koki Bay, William Dobell, 1951, Art Gallery of NSW   Macro & Markets Dollar slump lifts U.S. bond returns for foreigners – Reuters Dollar most oversold in 40 years, says Morgan Stanley; exits short position – Reuters This ‘dire’ economic situation ‘deserves to be called a depression — a pandemic depression’ – MarketWatch US, China


Links 3 August 2020

Macro & Markets US, China both lag badly in industrial robot race – Asia Times Global housing market chaos nowhere near end – Asia Times Central banks’ coronavirus bailouts are distorting the market, but do they even realise it? – SCMP WTO contender Amina Mohamed backs a new rule book in US-China trade war –


MB Radio: A podcast of gloomy disposition

  With the sheer enormity of the COVID19 pandemic’s economic impact only starting to dawn, David Llewellyn Smith and Leith Van Onselen spoke with Gunnamatta on the major forms the shock has taken through the Australian economy.  Over the course of about 75 minutes (3 parts) they cover the ugly numbers and the dynamics across


Sunday Supplement: 26 July 2020

‘Sunday Evening’ Russell Drysdale, 1951, Art Gallery of NSW   Macro & Markets No end in sight to the US-China confrontation – DW Apple tax ruling for Ireland shines light on global tax avoidance – DW OK Boomer, We’re Gonna Socialize You – Bloomberg US dollar at risk of sudden collapse? Ex-IMF official warns ‘blow-up


Sunday Supplement: 19 July 2020

‘Mount Nameless (afternoon)’ 1981, Fred Williams, National Gallery of Victoria   Macro & Markets G20, Heal Thyself – Project-Syndicate, Sachs Coronavirus latest: WHO says health workers account for 10% of global infections – DW World faces staggering jobs challenge, says Microsoft president – BBC…a quarter of a billion jobs equals an awfully large number of


Sunday Supplement: 12 July 2020

‘Sheep Country, Burra’, Douglas Dundas, 1950, Art Gallery of NSW   Macro & Markets Trump says U.S.-China relationship is ‘severely damaged,’ phase 2 trade deal not a priority – CNBC WHO says it’s ‘very unlikely’ countries can eradicate the coronavirus right now – CNBC Donald Trump hints lack of interest in a phase two US-China