Thankfully we still have some independent press. The Saturday Paper: The rate of Covid-19 hospitalisations in New South Wales is being reported at one-third of the real figure, with the actual numbers being masked by a decision to only report those who end up in medical facilities, and not the thousands receiving care under the
Media giant News Corporation has posted a 2020-21 net profit of $US389 million ($525.6 million), compared with a loss of $US1.55 billion for the previous financial year. While News Corp Australia’s revenue was 1% lower than previously, revenue of pay-TV group Foxtel was boosted by strong growth in subscriptions for its Binge and Kayo streaming
Americas – US Central America Unemployment US Dollar and US Twin Deficits Fed Fund Futures S&P Sectors and Industries – July 2021 US Population Demographics US Employment & Earnings by Sector 2019 – 2020 US 15 Year Fixed Rate Mortgages US Core Capex US Carbon Capture Projects US Coal Mines
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Across the Yarra, 1931, Clarice Beckett, National Gallery of Victoria Macro & Markets Why there is no solution to our age of crisis without China – New Statesman The aftermath of sovereign debt crises – VoxEU The long-run effects of pandemics on inflation: Why this time may be different – VoxEU Don’t worry about
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Asian share markets are having a fun start to the trading week with the broad selloff on Wall Street on Friday night echoing here with Japanese shares in near freefall and the VIX on an epic ride higher. The seismic shift in Federal Reserve intentions continues to resonate throughout risk markets with the USD strengthening
Anyone wondering why the Liberal-National Federal Government did a U-turn on Australia’s relations with China over recent years? Wonder why Australians still aren’t enamoured with the ALP opposition, despite a government coming across as misogynist, incompetent, and prone to pandering to the whims of corporate Australia and the 1%? Ironically, the barely concealed CCP propagandist
Foxtel’s streaming services now account for nearly half of the group’s customer base of about four million active subscribers. Foxtel CEO Patrick Delany has told a Senate estimates hearing that action is needed to reign in the unregulated global streaming providers to ensure that local players can remain competitive: “Our industry in Australia has been
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A year is a long time in the world of video-on-demand streaming. This time last year, Foxtel faced an existential threat after shutdowns around the globe cancelled sporting events. This, in turn, prompted a huge number of subscribers to cancel their Foxtel subscriptions, culminating in hundreds of Foxtel staff being made redundant in a bid
‘Summertime, Broken Bay’ 1926, James Muir Auld, Art Gallery of NSW Macro & Markets Biden’s plans are ‘once in a lifetime’ chance to end global tax abuse, says OECD boss – Guardian Fed Should Start Tapering, But It Won’t – Bloomberg Next up for Fed’s Powell and the taper test: ‘string’ theory – Reuters
‘Cumberland Creek, near Apollo Bay’ 1863, Nicholas Chevalier, Art Gallery of South Australia Macro & Markets The War Against Financial Crimes: a Global System that Needs Restructuring – Guardian Mag Pandemics make us more averse to inequality – VOX Oil hits one-month highs as IEA, OPEC raise forecasts – Reuters The impact of COVID-19
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ASX 200 Gold Brent Nikkei 225 Hang Seng Nasdaq 100 S&P 500 FTSE 100 GBP/USD EUR/USD AUD/USD Bitcoin Australia – Unemployment, UnderEmployment & Underutilisation Employment – Selected Nations 2020 – 2021
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Gold Brent WTI GBP/USD EUR/USD AUD/USD Global Imbalances Index – note current account deficits of Anglophone world (US, UK, Canada, Australia, NZ) – 3/4 of the world’s current account deficit. Global Imbalances Tracker
‘Stony Rises, Lake Corrangamite’ 1857, Eugene Von Guerard, Art Gallery of South Australia Global Macro Prince Philip has died aged 99, Buckingham Palace announces – BBC A taxing question for multinationals leaves stocks unscathed – Reuters Global supply lines struggle to clear container backlog after Suez chaos – Reuters US sanctions Chinese computer makers
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Prime Minister letting us know that vaccine his government has been lining up for nation should probably not be given to those under 50 Aussie Scholar ASX 200 Gold Hang Seng S&P 500 Brent Crude Nikkei Footsie AstraZeneca vaccine blood clot incidents spark Pfizer recommendation for under
‘Coast Road’ Dorrit Black, 1942, Art Gallery of South Australia Macro & Markets A New Global Monetary Order Is Being Built Before Your Eyes – Bloomberg The Suez Mishap Is a Foretaste of the New Cold War Stakes – Bloomberg…good read… The changing face of globalization – Asia Times Fear of Inflation Finds a
The Walt Disney Company recently advised that its Disney+ subscription video-on-demand (SVOD) service has topped 100 million subscribers worldwide, just 16 months after its launch. It took Netflix a decade to reach this milestone. Netflix now boasts 204 million subscribers, ahead of Amazon Prime Video with an estimated 147 million. Richard Broughton of Ampere Analysis
…Terra Specufestor…. Australia – Job Ads Australia – Building Approvals Australia – dwelling values Australia – Dwelling price growth Australia – First Home Buyer Commitments Australia – Housing Finance Australia – State and Commonwealth
News Corporation’s quarterly financial results show that the number of Foxtel paid subscribers rose by 12% year-on-year to 3.314 million in the three months to December. However, there was significant changes in the make up of Foxtel’s subscriber base, with the total number of customers on its traditional broadcast cable service falling to around the
Wall Street continued the co-ordinated risk rebound overnight as the Gamestop short squeeze has now almost completely disappeared alongside an aborted attempt to do the same to silver. The USD gained more strength against most of the majors although it had a small pullback later in the session in the wake of the EZ wide
I have a confession to make: I am a hard core console video gamer. I own two Xbox Series X’s (the latest top of the line Xbox’s), a PS4, and various earlier generation consoles. My PC, where I write my MB articles, also has a lower-mid range graphics card that is capable of playing most
Subscription video-on-demand giant Netflix has advised that it gained more than 8.5 million global subscribers in the December quarter and 37 million during 2020. Netflix finished the 2020 calendar year with 203.7 million customers worldwide. It also reported revenue of $US6.64 billion for the December quarter, compared with $US5.45 billion for the same period in
Via News: Aussie great Mark Waugh further muddied the debate by declaring a return to Smith is the only replacement option for Australia — should Paine lose the faith of selectors. “If he’s not captain, who are the choices? That’s the issue,” Waugh said, according to The Daily Telegraph. “If there was a standout candidate I
As the global coronavirus pandemic rolled into town, Foxtel was facing a precarious future. With sporting events across the globe put into hiatus, Foxtel – which has traditionally been heavily reliant on live sports to drive subscription growth – suffered a surge in cancellation requests. The pain was hardest felt by Foxtel’s Kayo Sports streaming
