Elon Musk's Starlink satellite broadband service now covers our entire country and is delivering a reliable service. read now...
One of the topics that comes up whenever government bond curves re-price is the relationship between the yield curve and bank net interest margins (NIM). This then morphs into a second question: does a yield curve inversion cause a recession by the (alleged) effect of the yield curve on bank interest margins, reducing the willingness of banks to lend?
*It’ll be a shock if Alexa is killed, because this was the one alleged consumer mega-hit of the Internet-of-Things smart home.
Amazon is going through the biggest layoffs in the company’s history right now, with a plan to eliminate some 10,000 jobs. One of the areas hit hardest is the Amazon Alexa voice assistant unit, which is apparently falling out of favor at the e-commerce giant. That’s according to a report from Business Insider, which details “the swift downfall of the voice assistant and Amazon’s larger hardware division.”
New research shows Australian workers are on average working 6 weeks unpaid overtime per year, costing over $92 billion dollars in unpaid wages across the economy. The average worker is losing over $8,000 per year or $315 per fortnight due to what researchers have branded “time theft”. 23 November 2022 marks Go Home on Time
The post Australians Working 6 Weeks Unpaid Overtime, Costing Economy Over $92 Billion: Go Home on Time Day Report appeared first on The Australia Institute.
- by Manil Suri
Any sense of ethics and sanity has disappeared from the Victorian mainstream media in its attempt to discredit Premier Dan Andrews. read now...This year’s election had the lowest turnout for a century. For the first time since compulsory voting was introduced for the 1925 federal election, turnout fell below 90%.
The post Voter turnout in the 2022 federal election hit a new low, threatening our democratic tradition appeared first on The Australia Institute.
This food timeline started as a way to explore the revolution in Australian food that has occurred during the baby-boomers’ lifetime, but has since expanded to include more about the previous decades (and century) as well. Also included are overseas events and trends that had an impact here. The entries are brief, but there are lots of links if you want more information.
Marta Russell (1951-2013), the US based writer, activist and leading critical thinker, argued that disability was not a medical condition or impairment, but a ‘socially created category derived from labor relations, a product of the exploitative economic structure of capitalist society’. Disabled bodies are useful only to the extent that they create value. Capitalist social norms both demarcate who is and is not disabled in contemporary society, and at the same time oppress the disabled body. It is productivity and profits that dictate restrictions on the disabled, as well as what limited adjustments may be facilitated for the disabled to better ‘fit’ social structures. Disabled bodies are viewed as a problem. In relation to work, Connor and Coughlin argue that they are often an ‘inevitable part of the “surplus” population, not quite fully human, unable to participate in society, at best a burden and at worst a drain’.
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