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Oz Blog News Commentary
MacroBusiness Monday, April 14, 2025 - 07:45 Source

The Q4 2024 national accounts from the Australian Bureau of Statistics (ABS) showed that households were stuck in a recession. Real per capita household consumption fell for a record eighth consecutive quarter. This followed a record 8% drop in real per capita household disposable income. CBA has released its Household Spending Insights (HSI) for March,

The post Australia’s long, grinding household recession appeared first on MacroBusiness.

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Your Democracy Monday, April 14, 2025 - 06:53 Source

A new four-lane highway cutting through tens of thousands of acres of protected Amazon rainforest is being built for the COP30 climate summit in the Brazilian city of Belém.

It aims to ease traffic to the city, which will host more than 50,000 people - including world leaders - at the conference in November.

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Your Democracy Monday, April 14, 2025 - 05:40 Source

There were very few cicadas around this year... No Greengocers, but some of these highly decorated types, strangely quieter — unless the pitch of their call was too high to be heard.... I will try to identify.

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

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Your Democracy Monday, April 14, 2025 - 05:29 Source

Washington: Australia has been warned Donald Trump’s tariffs could push up the cost of submarines due to be acquired under the AUKUS defence pact, as Trump tasks Elon Musk’s team with improving the US capacity to build the boats.

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MacroBusiness Monday, April 14, 2025 - 00:05 Source

The Albanese government is primed to win the upcoming federal election, with all recent opinion polls showing them leading the Coalition on a two-party preferred basis. House prices will undoubtedly skyrocket following the election of a second-term Labor government. First, the latest interest rate predictions from the futures market tip that Australia’s official cash rate

The post Australian house prices are set to rocket appeared first on MacroBusiness.

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Renew Economy Sunday, April 13, 2025 - 21:02 Source
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Renew Economy Sunday, April 13, 2025 - 18:59 Source
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Your Democracy Sunday, April 13, 2025 - 15:47 Source

President Donald Trump has prolonged US sanctions on Russia for another year, based on the supposition that Moscow still poses a serious threat to the country’s national security.

Washington placed punitive restrictions on Russia after it absorbed Crimea following a referendum held in 2014, and later over Moscow’s alleged meddling in American elections. The sanctions were drastically expanded following the escalation of the Ukraine conflict in February 2022.

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John Quiggin Sunday, April 13, 2025 - 15:40 Source

Thanks to James Wimberley for prompting me to write this, and alerting me to the data on China’s emissions

Most of the news these days is bad, and that’s true of the climate. Even as climatic disasters worsen, the Trump regime is doing its best to dismantle US and global efforts to decarbonize our energy systems. But there is still some surprisingly good news.

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Club Troppo Sunday, April 13, 2025 - 15:01 Source

Advice for homebuyers and citizens: housing guarantee schemes deserve your derisive laughter, whoever backs them.

A young woman who I have known for many years messaged me yesterday to ask a question. She and her partner have been saving hard for a year or so, and were planning to save for a few years more. This a pattern that millions of Australians have followed over the past two hundred years, and it has generally worked well.

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MacroBusiness Sunday, April 13, 2025 - 09:30 Source

FT Alphaville wraps up the sell-side views on tariffs. This was the week when the tariff tantrum morphed into something much more serious. Analysts and investors are now openly questioning whether the US can keep its position at the apex of global finance. Alphaville has raided our inbox for some of the more eye-catching bits

The post Uninvestible appeared first on MacroBusiness.

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Your Democracy Sunday, April 13, 2025 - 09:13 Source

Imagine living in a world where every worker contributed the same amount, every problem was equally important, and every product was equally popular with users. Planning would be so simple. In reality, however, the distribution is quite skewed. In most people’s everyday routines, low-impact chores hijack a lot of their day.

 

Pareto principle: the law of the vital few

 

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Your Democracy Sunday, April 13, 2025 - 07:16 Source

IN 2012, CRIKEY POSTED A SOMEWHAT PESSIMISTIC ARTICLE ON THE IRANIAN URANIUM DEAL:... 

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Your Democracy Saturday, April 12, 2025 - 17:13 Source

The United Nations on Friday said its analysis of 36 recent Israeli strikes in Gaza showed only women and children were killed and decried the human cost of the war.

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Your Democracy Saturday, April 12, 2025 - 15:06 Source

US envoy Steve Witkoff met Vladimir Putin in St Petersburg on Friday as Donald Trump urged the Russian president to "get moving" on a ceasefire in Ukraine.

The Kremlin said the meeting lasted for more than four hours and focused on "aspects of a Ukrainian settlement". The talks, Witkoff's third with Putin this year, were described by special envoy Kirill Dmitriev as "productive". 

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Renew Economy Saturday, April 12, 2025 - 14:21 Source
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Your Democracy Saturday, April 12, 2025 - 11:23 Source

As we're about to remember the sacrifice of soldiers in war, with ANZAC day, and about to vote for our Australian government we should reflect on the ideas that have shaped our choices through history. 

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The Tally Room Saturday, April 12, 2025 - 08:00 Source

Nominations were declared at midday yesterday across Australia, but it took all afternoon to slowly get a sense of the candidate figures. I hope everyone found my live blog helpful, as I attempted to summarise as many seats as we could find data for. I ended up collating about 60 seats just before the AEC published their full dataset.

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New Politics Saturday, April 12, 2025 - 08:00 Source

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Your Democracy Saturday, April 12, 2025 - 06:20 Source

Antony Sutton has been persecuted but never prosecuted for his research and subsequent publishing of his findings. His mainstream career was shattered by his devotion towards uncovering the truth. In 1968, his Western Technology and Soviet Economic Development was published by The Hoover Institute at Stanford University.

 

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Your Democracy Saturday, April 12, 2025 - 04:44 Source

China likened the United States’ tariff policy to a ‘numbers game’ with no practical meaning after the administration of US President Donald Trump imposed multiple rounds of duties on Chinese imports over the past few weeks.

In a statement on Friday, the Chinese government accused Washington of using tariffs as a weapon for bullying and coercion, while hitting back with its own reciprocal trade duties.

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Renew Economy Saturday, April 12, 2025 - 03:23 Source
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MacroBusiness Saturday, April 12, 2025 - 00:15 Source

Should you invest now or wait for stock markets to settle? This is the number one question on every investor’s lips. The answer: It depends what kind of investor you are. Risk profiles and calculations can give you an indication of risk tolerance. But it is not until you get a decent market downturn that

The post Don’t be this investor appeared first on MacroBusiness.

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MacroBusiness Saturday, April 12, 2025 - 00:05 Source

International Reading: Trump Finally Confirms True Scope of China Tariffs—Setting Up Disaster – New Republic Is Trump Pulling Off the Biggest Financial Fraud in History? A Dire Warning – Integ Carney’s Checkmate: How Canada’s Quiet Bond Play Forced Trump to Drop Tariffs – Dean Blundell Trump burned the stock market with tariffs — then took

The post Weekend reading and media appearances appeared first on MacroBusiness.

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MacroBusiness Friday, April 11, 2025 - 16:00 Source

You can’t stop the bond music as we see seismic shifts in global trade and risk markets with the pressure on US Treasuries building further even as the Trump regime tries to backtrack its kindergarten level economic stupidity, while the Chinese, EU and Canada deftly move the chess pieces around the table. The USD is

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Friday, April 11, 2025 - 14:29 Source
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Renew Economy Friday, April 11, 2025 - 14:23 Source
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Renew Economy Friday, April 11, 2025 - 14:22 Source
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Renew Economy Friday, April 11, 2025 - 14:21 Source
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Renew Economy Friday, April 11, 2025 - 14:21 Source
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