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MacroBusiness Friday, September 5, 2025 - 14:30 Source

New Zealand is experiencing an unprecedented house price crash after experiencing one of the developed world’s largest price booms over the pandemic. As Justin Fabo of Antipodean Macro illustrates below, the Real Estate Institute of New Zealand’s House Price Index (HPI) shows that national home values have declined by more than 17% over the last

The post New Zealand’s never-ending house price bust appeared first on MacroBusiness.

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MacroBusiness Friday, September 5, 2025 - 14:00 Source

Goldman says buy gold. Since the spring, markets have started to transition from tariff uncertainty into tariff reality, which has helped stabilize economic activity indicators and reduced consensus (and our own) probability of a US recession (though it remains above the historical average). However, we believe important risks remain that reinforce the diversification benefits of

The post Gold in them thar politics appeared first on MacroBusiness.

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Renew Economy Friday, September 5, 2025 - 13:57 Source
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Renew Economy Friday, September 5, 2025 - 13:53 Source

cheaper home batteries bowen albanese

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MacroBusiness Friday, September 5, 2025 - 13:30 Source

If it’s not bolted down in Helbourne, then it’s fair game for the machete gangs. Insurance claims for stolen cars have exploded in Victoria despite falling in every other state as thieves use cheap and easily accessible gadgets to mimic keyless access and starting technology. Are these devices only available in Hellbourne? No. They are

The post Hellbourne car theft capital of Australia appeared first on MacroBusiness.

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Renew Economy Friday, September 5, 2025 - 13:25 Source
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MacroBusiness Friday, September 5, 2025 - 13:00 Source

Cotality’s final auction clearance rates for August suggest that Sydney, in particular, is headed for another price boom. Sydney’s final auction clearance rate averaged 72% in August, which was the city’s strongest result since February 2024 (73%). Sydney’s final auction clearance rate in August was also the strongest in the nation, easily beating Melbourne’s (68%)

The post Get ready for another Sydney house prices boom appeared first on MacroBusiness.

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MacroBusiness Friday, September 5, 2025 - 12:30 Source

In Albo’s great grovel to China, there is a trend that nobody dares speak its name. Despite the ALP’s weak-kneed Chinese fixation, the truth of it is that the Chinese economy is getting weaker, not stronger, with no end in sight. Ironically, for Albo’s great Chinese kowtow, this is particularly the case when it comes

The post First a trade deficit, then a freedom deficit with China appeared first on MacroBusiness.

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MacroBusiness Friday, September 5, 2025 - 11:30 Source

Bob Brown and Drew Hutton jointly founded the Australian Greens party in 1992. Co-founder and life member Drew Hutton was expelled by the party for a series of Facebook posts and comments he made about the Greens’ pro-transgender platform. Following Hutton’s expulsion, it was revealed that more than 40 members of the Greens nation-wide have

The post The self-immolation of the Australian Greens appeared first on MacroBusiness.

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Renew Economy Friday, September 5, 2025 - 11:05 Source
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Renew Economy Friday, September 5, 2025 - 11:03 Source
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MacroBusiness Friday, September 5, 2025 - 11:00 Source

The Market Ear first. Nervous bonds Biggest 2 day pick up in bond volatility since the start of the Liberation Day “chaos”. Meanwhile, the 10 year is doing very little. Source: LSEG Workspace The MOVE Bond volatility; Two months of volatility decline is gone in two sessions. MOVE vs VIX gap is suddenly very wide.

The post Bearish signals appeared first on MacroBusiness.

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Your Democracy Friday, September 5, 2025 - 10:31 Source

Exposing Why Farmers Can't Legally Replant Their Own Seeds

https://www.youtube.com/watch?v=CxVXvFOPIyQ&t=1s

 

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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MacroBusiness Friday, September 5, 2025 - 10:30 Source

When it comes to the Albanese government and the issue of housing, there are two very different approaches taken. There are boasts about the government’s 1.2 million new home target and flashy social media posts about the various demand-side interventions that the government is undertaking. On the other hand, there is the data coming out

The post Lock in a forever rental crisis appeared first on MacroBusiness.

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MacroBusiness Friday, September 5, 2025 - 10:00 Source

Real per capita household disposable income is arguably the single best measure of per capita living standards. OECD data showed that in the decade to the March quarter of 2025, Australia has experienced the weakest growth in real per capita household disposable income out of major English-language speaking nations Australia’s real per capita household disposable

The post Aussie household income remains in deep hole appeared first on MacroBusiness.

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xkcd.com Friday, September 5, 2025 - 10:00 Source

A person with two watches is never sure what time it is, especially if I got them one of the watches.

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MacroBusiness Friday, September 5, 2025 - 09:00 Source

For anybody who has followed this debate for any length of time, this is as depressing as it is typical from The SMH. Chief executives of 10 major manufacturers have decried the “broken” state of Australia’s gas market, telling the Albanese government it must force a significant reduction in gas prices and limit exports of

The post Manufacturing’s last gasp inhales toxic gas appeared first on MacroBusiness.

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MacroBusiness Friday, September 5, 2025 - 09:00 Source

No big surprises overnight as the expected softening of the US jobs situation was confirmed by the weekly initial jobless claims and private ADP prints, giving a clear run to a September rate cut by the Fed. Of course, a worsening situation for middle/lower America is gold for Wall Street which rallied nearly 1% across

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Friday, September 5, 2025 - 08:30 Source

Canberra is in the grip of the most cowardly pack of no-hopers anybody can remember. Earlier this year, Australian passenger planes were targeted by live missiles in the Tasman Sea with no warning. The moment a Virgin Airlines pilot raised the alarm about a live-firing exercise by Chinese warships in the Tasman Sea can be

The post China sends missile, Wong sends email appeared first on MacroBusiness.

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MacroBusiness Friday, September 5, 2025 - 08:00 Source

Financial markets have extinguished hopes of the Reserve Bank of Australia (RBA) delivering a rate cut at the September monetary policy meeting. Their pessimism is warranted given the stronger-than-expected recent run of data from the Australian Bureau of Statistics (ABS). The trimmed mean CPI inflation indicator for July rose materially, increasing by 0.6% to 2.7%.

The post Kiss goodbye to another rate cut appeared first on MacroBusiness.

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Renew Economy Friday, September 5, 2025 - 07:28 Source
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Your Democracy Friday, September 5, 2025 - 02:55 Source

The SCO has condemned Israel and the US for their attack on Iran in June. In a joint statement, they said that such aggressive actions against civilian targets, including nuclear energy infrastructure, which resulted in civilian deaths, constitute a gross violation of the principles and norms of international law and infringe on Iran’s sovereignty.

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Your Democracy Friday, September 5, 2025 - 02:40 Source

 

A meeting of Ukraine’s western European backers, known as the ‘coalition of the willing’, at the Elysee Palace in Paris on Thursday has brought together European Commission President Ursula von der Leyen, Vladimir Zelensky, and the leaders of Belgium, Poland, Finland and France.

Kiev has been pressing the West to provide security guarantees that could serve as a substitute for NATO’s collective defense since the US effectively blocked Ukraine’s bid to join the bloc.

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Renew Economy Friday, September 5, 2025 - 01:19 Source
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MacroBusiness Friday, September 5, 2025 - 00:05 Source

The Australian Bureau of Statistics (ABS) on Wednesday released the national accounts for Q2 2025, which revealed stronger-than-expected growth. Analysts had tipped a 0.4% rise in headline GDP, and the RBA had forecast 0.5% growth. However, a 0.6% rise was recorded, led by household spending. Household spending per capita rose by 0.5% in Q2, the

The post Australia’s GDP rebound masks deeper economic problem appeared first on MacroBusiness.

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Renew Economy Thursday, September 4, 2025 - 17:17 Source
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MacroBusiness Thursday, September 4, 2025 - 17:00 Source

Asian share markets were quite mixed with local stocks regaining some of their losses on interest rate speculation that the Fed is likely going to pull a put if tomorrow night’s NFP comes in bad as expected. Meanwhile bond markets are trying to recover with many long dated yields across the UK, Japan and USA

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Thursday, September 4, 2025 - 15:36 Source

I am going to cover two different issues here today, but both pertain to Donald Trump. I am not a Trump Derangement Syndrome (TDS) person. I do not reflexively dislike President Trump, but I find myself more disturbed about his foreign policy and his military actions, which counter his professed claim to be seeking peace. Let’s start with the attack on an alleged Venezuelan boat on Monday by the US Navy… It was a criminal act by US forces in my view.

 

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Renew Economy Thursday, September 4, 2025 - 15:09 Source

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Renew Economy Thursday, September 4, 2025 - 14:53 Source
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