Blogotariat

Always too hawkish, Wazza McKibbin is too hawkish again today. Modelling by Australian National University economist Warwick McKibbin and KPMG chief economist Brendan Rynne, released separately on Monday, found Trump’s tariffs would cause the Australian dollar to depreciate, sparking a near-term resurgence in inflationary pressures and putting pressure on household budgets. McKibbin, a former Reserve

The Australian’s Tom Dusevic published a strange report claiming that ‘Big Australia’ is over. “Forgive me for reviving an ancient tool of voter vibe but the worm has turned on Big Australia. The post-pandemic people surge is fading”, Dusevic wrote. “Whoever wins on May 3 will inherit a normal migration inflow, but the pandemic’s long

The post ‘Big Australia’ is far from over appeared first on MacroBusiness.

This timeline is getting crazier as Wall Street initially followed other stock markets in crash mode before rallying on fake tweets about nonsensical tariff pauses while Diaper Don spat his dummy about the Chinese counter tariffs while announcing “negotiations” with other countries were supposedly underway. The Europeans are being more strategic about things alongside the

The post Macro Morning appeared first on MacroBusiness.

German carmaker Audi is halting deliveries of its vehicles to the US due to the new tariffs on automobiles imposed by US President Donald Trump, the newspaper Automobilwoche has reported.

Trump’s 25% levy on car imports took effect last week as part of a series of “reciprocal” measures that have rattled global markets.

What happens when the world’s second-largest economy suddenly pulls the plug on billions of dollars in US energy exports without warning, without negotiation and without a single public signal? You get a global energy market in shock and Washington scrambling for answers.

WIN News analysis

DXY is back and EUR soft. AUD lol. Lead boots are OK. Gold margin call is a measure of market extremity. Oil to the rescue. Copper oh dear. Big mining megabear. EM not so bad. That’s the credit stress we’ve been looking for. But those are not the sovereign yields that the Bessent Plan needs.

The post Australian dollar 50 cents with a bullet? appeared first on MacroBusiness.

Christopher Joye, the Chief Investment Officer at Coolabah Capital Investments, made an appearance on Mark Bouris’ podcast, sharing his insights on the significant consequences of Trump’s tariffs, the underlying issues facing China, and the potential for Australia to become entangled in a global trade war. Joye explained how Trump’s tariffs will result in Australia being

It’s not disruption that’s being prosecuted in this country. It’s dissent.

By George Monbiot, published in the Guardian 3rd April 2025

The faces are different, but it’s the same authoritarianism. Keir Starmer’s team might not look or sound like Donald Trump’s, but its policies on protest and dissent are chillingly similar. So is the reason: coordinated global lobbying by the rich and powerful, fronted by rightwing junktanks.

The last of the 1,300 oversized parts for Andrew Forrest's biggest wind farm to date have been delivered to the site.

Emmanuel Macron has been spraying himself with copious amounts of luxury cologne, according to excerpts from a new book about the French president cited in the media.

In his book titled ‘The Tragedy of the Elysee: Inside the Hell of Macron’s Five-Year Terms’, Le Parisien journalist Olivier Beaumont claims that the president uses “industrial amounts”amounts of perfume on a daily basis.

Well hasn’t this been a fun start to the trading week! A proper bath of blood here on Asian markets after the epic volatility from Friday on Wall Street as it looks like all the 2024 gains will be wiped out as the US at least will enter a bear market. All risk markets are

The post Macro Afternoon appeared first on MacroBusiness.

Peter Dutton has ditched his plan to force Canberra's public servants to work from the office five days a week after the policy proved unpopular with voters — particularly women — telling Australians "we have listened”...

I find myself temporarily lonesome in the house for the next two weeks. Jane's down in Sydney for work, and both kids are travelling overseas together. So it’s just me, the dogs, the cats, and all the manfood I can eat.