Blogotariat

The Council of Small Business Organisations Australia (COSBOA) launched a campaign on Monday, calling on Labor and the Coalition to lower the company tax rate from 25% to 20% for the 2.6 million businesses with an annual turnover of less than $20 million. Research undertaken by Insightfully for COSBOA found that 69% of voters support

The post Why the obsession with small business tax cuts? appeared first on MacroBusiness.

Not that he didn’t hit it earlier, but he is still giving it a pounding.  Albert Edwards of Société Générale.  The equity market is at a critical level. So too is the wealthier US consumer! Before we kick off, I wanted to highlight what was, from my perspective, the most surprising quote of the week.

The post Albert Edwards hits the panic button appeared first on MacroBusiness.

This article deals with Federal Coalition Opposition Leader Peter Dutton’s election promise to force gas producers to reduce the price of gas for Australian consumers to $10 per gigajoule.However, according to a debate on last night Q &A between Labor Climate Change Minister Ed Husic and his Coalition counterpart Ted Evans, Husic stated that the cost price of most Australian gas was around $7 per gigajoule with another $4 paid by the producers for transporting it to market. Evans did not contest those figures.

Chinese PMIs are meh. Manufacturing is barely growing. Services likewise.   All those government bonds are doing something, but it isn’t much. Why? Bloomberg. The property crisis that hobbled China’s economy and created a nearly $160 billion pile of distressed debt — the world’s largest — is getting worse. Signs of trouble are now popping

The post Chinese PMIs caught in Titanic undertow appeared first on MacroBusiness.

We’re less than two weeks away from nominations closing for the federal election – nominations will close on Thursday 10 April, and will be announced the next day.

Yesterday I made a bunch of updates to my list of House of Representatives candidates, and have now finished updating each of my election guides with the new lists.

At the moment my list contains 731 candidates. 133 House members are running for re-election, 17 are retiring and one is running for the Senate. One senator (who is not up for re-election this year) is running for the House.

CoreLogic’s March housing results show that rental values are at record highs, having increased a further 0.6% in March. Dwelling rents rose across every capital city in March, led by a 1.2% lift in Hobart, while Melbourne recorded the smallest monthly rent rise, up just 0.3%. The good news is that annual rental growth has

The post Australian tenants remain under pressure appeared first on MacroBusiness.

The Australian Energy Market Operator (AEMO) does not mince words. GPG plays a critical function in supporting the reliable and secure operation of the power system. When coal generation and/or renewable generation output is low, it is often the role of gas-powered facilities to increase output to firm available electricity supplies. Analysis from the 2024

Last week’s softer-than-expected monthly inflation gauge from the Australian Bureau of Statistics (ABS) was matched by the Melbourne Institute’s (MI) trimmed mean inflation gauge for March. As illustrated below by Justin Fabo from Antipodean Macro, the seasonally adjusted trimmed mean inflation fell to its lowest level since 2020 on a 3-month average basis. The following

Despite 80 years of Australian unwavering loyalty, as expected the US, “our closest ally”, is now screwing us on tariffs, with a hefty 25% tariff placed on Australian steel and aluminium exports. 

John Queripel

Time to call it. The US doesn't give a stuff for us

As the April 2 deadline looms for the Fanta Fuhrer’s Tariff Tirade, Wall Street had to react to the weekend newsflow and did so with volatility plus, falling sharply before a late rebound while currency markets were more sanguine, waiting for actual results. The USD held against Euro and Pound Sterling while the Australian dollar

The post Macro Morning appeared first on MacroBusiness.

Donald Trump has expressed frustration and stated that he is “pissed off” with Russia. He has then warned Russia that he would impose secondary tariffs on all Russian oil exports unless Putin agrees to a ceasefire in Ukraine. Donald Trump also stated that the US will “100% take Greenland” and he warned Zelensky not to back out of the Mineral Deal. It is also being reported that Zelensky is getting ready for elections in the summer.

In 2023, the federal government set up a review of the National Intelligence Community (the NIC). It was to report in the first half of 2024.

On 21 March 2025, Prime Minister Anthony Albanese released, with a flourish, the review’s report, titled “Independent Intelligence Review 2024”.

BY Paddy Gourley