So according to AFR: “Leinster, where BHP owns almost everything including the houses, faces wipe out if the mining giant shuts down its nickel business in the face of what it admits is a structural change triggered by a flood of supply from Chinese-backed nickel laterite producers in Indonesia.” https://www.afr.com/companies/mining/inside-the-pub-at-ground-zero-of-australia-s-nickel-woes-20240218-p5f5uf DLS reckons that Simandou is the Pilbara … Read more
https://www.afr.com/work-and-careers/management/five-tips-to-manage-your-gen-z-workers-20240213-p5f4ij The late middle aged female chief people officer of supermarkets operator Coles Group says that Gen Z want: Another highly competent female was quoted as saying: Let’s be clear, this is not about Gen Z in general. This is about a select group of graduate Gen Zs that big companies compete for. It’s not … Read more
In the AFR on 9th November, in a piece called “Australia records biggest income decline in the developed world”, Deloitte Access Economics lead partner Pradeep Philip said “Australia’s 2.2 per cent population growth rate explained about one-third of the decline in per capita incomes. He added “the solution is actually to grow the economy to … Read more
If this isn’t a description of the EZFKA I don’t know what is. “So far as I can tell, Albo hasn’t just lost control of Australian borders; he doesn’t think ‘Australia’ exists as an entity at all.” https://www.macrobusiness.com.au/2023/11/radical-albo-loses-control-of-borders/ Congratulations David. Welcome aboard. You can post here any time.
The RBA is widely tipped to raise rates. MB points out, “Nearly half of all price rises are the fault of Albanese Government ineptitude.” ie. rents and utilities. https://www.macrobusiness.com.au/2023/10/alboflation-runs-riot/ The falling AUD can’t be helping either. A feedback loop may be developing where interest rates follow rising house prices, which are fed by immigration. Immigration … Read more
DLS writes today: “One of Australia’s biggest economic paradoxes is that while we have a record number of university graduates, productivity growth stinks and there are never-ending “skills shortages” https://www.macrobusiness.com.au/2023/09/labor-wants-a-nation-of-toilet-paper-degrees/ I said it first. Here. I think. Apolgies for the recycled image. It was in the library begging to be seen again.
There’s a place, where nobody dared to go….. Please post all the names of people you’d like to see here from MB. That way, maybe when they search for themselves this page will come up: Also, I heard some serious chat this week about crypto likely becoming the alternative to SWIFT for the BRICS world. … Read more
The AFR has decided to attack Qantas’ Alan Joyce, which is fun to watch: Here: Qantas’ enviable dominance now comes with a big cost Here: Qantas says Canberra cancellations minimise network disruptions and here: Qantas CEO Alan Joyce first testimony under oath in nearly a decade Joe Aston let loose this: “Joyce answers the questions … Read more
The proles are either the offspring of legacy EZFKA units or recent imports. Recent imports will be put down if they revolt, and most are factory seconds so they are glad to be here almost regardless of conditions. Legacy EZFKA units are usually one of only one or two offspring so the inheritence will see … Read more
I reckon we need merch. Such things can be made up on demand so we would not need to carry inventory. e.g. https://ogo.com.au/ It could be a potential profit centre, but I’d prefer to do it at cost price. Let’s get our message of hopelessness and despair out there! Maybe we can pool our resources … Read more