MacroBusiness
Saturday, October 4, 2025 - 00:10
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If you want bona fide proof that the Australian Treasury has become a propaganda arm of the federal government, look no further than its modelling of the impact of Labor’s 5% deposit scheme for first home buyers. Under Labor’s First Home Guarantee scheme, which came into effect on Wednesday, almost all first home buyers can The post Australian house prices are rigged to blow appeared first on MacroBusiness. |
MacroBusiness
Saturday, October 4, 2025 - 00:05
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International Reading: Trump Cuts Funding to 16 Blue States That Didn’t Vote for Him – New Republic Israel is paying influencers $7,000 per post – Responsible State Craft US home sales falling through as buyers get ‘cold feet’ – News Week The US economy lost 32,000 private-sector jobs in September – CNN Student-Loan Debt Is The post Weekend reading and MB media appearances appeared first on MacroBusiness. |
Your Democracy
Friday, October 3, 2025 - 17:33
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Ladies and gentlemen, journalists and news watchers of the Western world, lend me your biased ear….
I have a question for you. Why do you hate Russia? YOU HATE RUSSIA, DON’T YOU? Putin?… What’s not to hate about invading a neighbouring country and killing many people, you might say for starters…
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MacroBusiness
Friday, October 3, 2025 - 15:33
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Big sky from the Beeac Cressy Road, Western Districts, Victoria AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 The post Macro Afternoon: 3 October 2025 appeared first on MacroBusiness. |
Renew Economy
Friday, October 3, 2025 - 14:37
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Renew Economy
Friday, October 3, 2025 - 14:29
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MacroBusiness
Friday, October 3, 2025 - 14:00
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The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 2.50% from its July 2024 peak of 5.50%: The decline in the OCR has delivered a sharp reduction in mortgage rates: Typically, such a significant reduction in mortgage rates would be associated with a sharp appreciation of home values, given improved The post Listings deluge sinks New Zealand house prices appeared first on MacroBusiness. |
Renew Economy
Friday, October 3, 2025 - 13:50
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MacroBusiness
Friday, October 3, 2025 - 13:00
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Last week, the Business Council of Australia (BCA) warned of the potential economic consequences of the Victorian government’s proposal to introduce a legislated right to work from home for at least two days a week. The BCA has used its submission to an inquiry into the proposal to contend that employers are likely to respond The post Melbourne the king of ‘work-from-home’ appeared first on MacroBusiness. |
Renew Economy
Friday, October 3, 2025 - 12:50
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MacroBusiness
Friday, October 3, 2025 - 12:00
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In the years since China began its meteoric rise to become the world’s unrivalled manufacturing hyperpower, Beijing has increasingly used trade as a tool to exert pressure on companies or governments. By weaponising Chinese demand for everything from overseas holidays to agricultural produce, Beijing has been able to extract concessions from nations reliant on China |
MacroBusiness
Friday, October 3, 2025 - 11:30
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With the release of the latest ABS Building Approvals data for August, it was revealed that dwelling approvals had fallen by 6.0% on a month-on-month basis but were still up 3.0% year-on-year. However, looking at a chart of trend approvals shows they had rolled over recently. This provides a concerning sign that there may not The post A perfect storm for Aussie housing appeared first on MacroBusiness. |
MacroBusiness
Friday, October 3, 2025 - 11:00
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Michael Read at The AFR posted the following chart showing that tax receipts as a share of GDP hit their highest level in 38 years at 25.9% of GDP. The rise in tax receipts have been driven by personal and corporate tax receipts, which has more than offset by declines in tobacco and fuel excise The post Australians taxed punitively for ‘having a go’ appeared first on MacroBusiness. |
Renew Economy
Friday, October 3, 2025 - 10:53
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MacroBusiness
Friday, October 3, 2025 - 10:30
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Upon the arrival of the pandemic in Australia in early 2020, the consumer confidence of the nation’s households experienced a sharp decline and has remained turbulent. By mid-2021, consumer confidence within ANZ-Roy Morgan index had returned to pre-Covid levels. Then, with the 2021 round of lockdowns and pandemic-driven restrictions, it began to tumble again. While The post Optimism for Australia’s future collapses appeared first on MacroBusiness. |
MacroBusiness
Friday, October 3, 2025 - 10:00
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I reported this week on Jobs & Skills Australia’s (JSA) latest study on the international education sector, which admitted that the primary motivation for international students to choose Australia is to obtain work rights and permanent residency. Nearly 70% of international higher education students reported migration as a key factor in their decision to study The post International students refuse to return home appeared first on MacroBusiness. |
xkcd.com
Friday, October 3, 2025 - 10:00
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The Tally Room
Friday, October 3, 2025 - 09:34
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New Zealand will go to the polls next year at their next general election, and the electoral map of New Zealand has been redrawn in advance of that election. New Zealand’s parliament is elected via mixed member proportional, with a majority of MPs elected to represent single-member electorates using first-past-the-post, and the remainder elected from party lists as top-ups to ensure overall proportionality. |
MacroBusiness
Friday, October 3, 2025 - 09:30
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The BHP dispute is capturing the headlines, but it’s the steel glut that is driving ferrous market pricing. Even after another accident at Simandou yesterday, costing three lives, the market could not find a bid. The problem is that there is far too much steel, so prices keep falling. This is the perverse fruit of The post Steel piles up in China appeared first on MacroBusiness. |
MacroBusiness
Friday, October 3, 2025 - 09:00
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The Market Ear on a bull gone mad. Most shorted mania Most shorted needs a bigger chart soon. Note that we are in overbought territory, but RSI is actually slightly lower than what we saw during the latter part of September. Source: LSEG Workspace MOVE chilling Bond volatility remains “depressed”. Noteworthy is that VIX has The post Stock bull runs wild appeared first on MacroBusiness. |
Renew Economy
Friday, October 3, 2025 - 08:22
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MacroBusiness
Friday, October 3, 2025 - 08:00
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This week, we received data on dwelling approvals from the Australian Bureau of Statistics (ABS), which showed that the Albanese government’s target of building 1.2 million homes over five years (i.e., 240,000 dwellings a year) is falling badly behind. In the first 14 months of the National Housing Accord, 218,306 dwellings were approved, 61,694 (22%) The post Albanese defends worsening housing shortage appeared first on MacroBusiness. |
Renew Economy
Friday, October 3, 2025 - 07:58
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Renew Economy
Friday, October 3, 2025 - 07:53
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Renew Economy
Friday, October 3, 2025 - 07:45
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Your Democracy
Friday, October 3, 2025 - 05:55
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Tesla and SpaceX CEO Elon Musk has become the world’s first person to reach a net worth of $500 billion, according to Forbes. Musk’s fortune has been boosted recently by a rally in Tesla shares and soaring valuations of his private firms. Tesla stock jumped nearly 4% on Wednesday, adding $9.3 billion to Musk’s fortune and pushing it to $500.1 billion, according to the Forbes Billionaires List. Musk’s 12% stake in the carmaker is valued at $191 billion. |
Your Democracy
Friday, October 3, 2025 - 05:05
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Federal subsidies for the fossil fuel industry have more than doubled since 2017 to an estimated $34.8 billion each year, a new analysis from Oil Change International has found. The report’s authors say that amount could soar to hundreds of billions of dollars in the years to come if lawmakers fail to rein in subsidies for controversial carbon capture and hydrogen technologies.
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Your Democracy
Friday, October 3, 2025 - 04:24
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The pirates of Israeli supremacy: The West’s favorite rogue state has done it againThe assault on an aid flotilla headed for Gaza broke all kinds of laws, but then again, laws have never stopped Israel The long-expected if perfectly criminal has happened again: Israel’s navy has intercepted the Gaza-bound Sumud Flotilla by force, stopping almost 50 boats and, in effect, kidnapping hundreds of their crews and passengers.
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MacroBusiness
Friday, October 3, 2025 - 00:05
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Most of the media’s attention has been on Labor’s First Home Guarantee scheme, which came into effect on Wednesday. Under this scheme, almost all first home buyers can purchase a home with only a 5% deposit, without requiring lenders’ mortgage insurance, as taxpayers will guarantee 15% of the mortgage. Lateral Economics estimated that the 5% The post Investors storm back into Aussie property appeared first on MacroBusiness. |
George Monbiot
Thursday, October 2, 2025 - 23:47
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Alongside the genocide, the Israeli government is destroying the ecosystems of Gaza, perhaps permanently. By George Monbiot, published in the Guardian 27th September 2025 A landless people and a peopleless land: these, it appears, are the aims of the Israeli government in Gaza. There are two means by which they are achieved. The first is the mass killing and expulsion of the Palestinians. The second is rendering the land uninhabitable. Alongside the crime of genocide, another great horror unfolds: ecocide. |