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Oz Blog News Commentary
MacroBusiness Wednesday, October 1, 2025 - 10:00 Source

In the early 2010s, the federal Labor government made the disastrous decision to allow the export of liquefied natural gas (LNG) from Queensland without forcing gas companies to first supply Australians. Gary Grey, the then-Federal Resources Minister under the Gillard/Rudd Labor governments, argued that domestic gas reserve policies create uncertainty and discourage investment. This pitted

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xkcd.com Wednesday, October 1, 2025 - 10:00 Source

"Measure zero times, cut zero times." --carpenter who has achieved enlightenment and realized the wood is fine where it is

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Renew Economy Wednesday, October 1, 2025 - 09:59 Source
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Renew Economy Wednesday, October 1, 2025 - 09:20 Source
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MacroBusiness Wednesday, October 1, 2025 - 09:00 Source

From the Market Ear: Mighty NVDA NVDA takes out resistance levels, breaking above the consolidation that has been in place since mid July. Weak hands have been shaken out, so we could be seeing a short-term vacuum kick in… Will… …NVDA lead us higher, or ORCL lower? De-leveraging Last week we saw US Fundamental L/S

The post Mighty Nvidia melts up as FOMO builds appeared first on MacroBusiness.

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Your Democracy Wednesday, October 1, 2025 - 08:27 Source

The US must prepare for war, Secretary of Defense [OF WAR] Pete Hegseth has told a gathering of senior military commanders. He called it a matter of utmost urgency but did not name any specific adversaries America could face in the near future.

The Pentagon has recently completed two major policy reviews, one of which was a new National Defense Strategy that shifts priorities from China to homeland security and the Western Hemisphere.

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MacroBusiness Wednesday, October 1, 2025 - 08:00 Source

On Tuesday, the Australian Bureau of Statistics (ABS) released dwelling approvals data for July, which showed 15,624 trend approvals for the month, down 1.0% from July. Approvals remained 4,376 (22%) behind the National Housing Accord’s five-year objective of 20,000 dwellings per month. In the year to August, 189,105 dwellings were approved for construction, which was

The post Labor’s housing target collapses into dust appeared first on MacroBusiness.

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Renew Economy Wednesday, October 1, 2025 - 07:56 Source
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Renew Economy Wednesday, October 1, 2025 - 07:00 Source
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Your Democracy Wednesday, October 1, 2025 - 06:27 Source

One critic noted Trump’s plan for Gaza “contains numerous opportunities for Netanyahu to renege on his commitments, as he has repeatedly done in the past".

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Your Democracy Wednesday, October 1, 2025 - 05:55 Source

 

Department of Energy adds three new words to its 'banned' listStaffers at the Office of Energy Efficiency and Renewable Energy received an email last week announcing that several words have now been banned from their official terminology

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Your Democracy Wednesday, October 1, 2025 - 05:25 Source

Western Europe must keep sending billions in aid to Ukraine even if it comes at the expense of health services and education provision to citizens, former NATO Secretary General and current Norwegian Finance Minister Jens Stoltenberg, has said.

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MacroBusiness Wednesday, October 1, 2025 - 00:05 Source

Cotality has released its September housing market report, which contains more bad news for renters. The national rental vacancy rate has fallen to a fresh record low of only 1.4%, according to Cotality, which has driven a reacceleration in rental growth. “The national vacancy rate slipped to a new record low of 1.4% in September,

The post Aussie rental vacancy rate plunges to record low appeared first on MacroBusiness.

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Renew Economy Tuesday, September 30, 2025 - 21:15 Source

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Your Democracy Tuesday, September 30, 2025 - 20:52 Source

Can governments keep their sovereignty without becoming innovation-stifling totalitarians? And on the other hand, are the tech feudalists willing to provide innovative digital infrastructure without eating into state sovereignty and freedoms?

 

Non-State Actors, Techno-feudalism, and Governments’ Dependency Syndrome

BY Tamer Mansour

 

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MacroBusiness Tuesday, September 30, 2025 - 18:02 Source

  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: 30 September 2025 appeared first on MacroBusiness.

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Renew Economy Tuesday, September 30, 2025 - 17:32 Source
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Cheeseburger Gothic Tuesday, September 30, 2025 - 16:45 Source

You will have to walk down the hill in the hot sun and pay a strange man four and a half thousand dollars.

It sucks.

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MacroBusiness Tuesday, September 30, 2025 - 14:40 Source

As expected, the Reserve Bank of Australia (RBA) has chosen to hold the official cash rate at 3.60%, in what was a unanimous decision. In arriving at its decision, the statement noted that “the decline in underlying inflation has slowed”, with “recent data, while partial and volatile, suggest[ing] that inflation in the September quarter may

The post RBA holds on resurgent inflation risks appeared first on MacroBusiness.

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Renew Economy Tuesday, September 30, 2025 - 14:24 Source
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Renew Economy Tuesday, September 30, 2025 - 14:19 Source
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Renew Economy Tuesday, September 30, 2025 - 14:06 Source
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MacroBusiness Tuesday, September 30, 2025 - 14:00 Source

On Monday, Stats NZ released data on filled jobs for August, which recorded a 0.2% monthly rise, in line with expectations. However, as shown below by Justin Fabo from Antipodean Macro, the August data incorporated chunky historical revisions, which suggest a weaker labour market starting point. The earlier reported 0.2% increase in July was revised

The post Reserve Bank to cut 0.75% to save job market appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 30, 2025 - 13:00 Source

When then Treasurer Scott Morrison came to the Prime Ministership in 2018, he did so as something of a compromise candidate. In the first leadership spill held on August 21, then-Prime Minister Malcolm Turnbull defeated challenger Peter Dutton 48 votes to 35. This led to the now-infamous jab at Dutton that he was unable to

The post Hastie’s path to power appeared first on MacroBusiness.

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Renew Economy Tuesday, September 30, 2025 - 12:23 Source
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Renew Economy Tuesday, September 30, 2025 - 12:16 Source
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MacroBusiness Tuesday, September 30, 2025 - 12:00 Source

The explosion of artificial intelligence has triggered one of the largest capital expenditure booms in history. Trillions of dollars are being poured into building and upgrading data centres, which now sit at the heart of the global economy. Understanding their underlying economics—cost structures, pressure points, and investment implications—is becoming essential for investors and policymakers alike.

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MacroBusiness Tuesday, September 30, 2025 - 11:30 Source

Former Coalition Prime Minister John Howard used a ‘bait-and-switch’ on the Australian public, scapegoating and closing the door on the very few refugees arriving by boat while throwing the door wide open to economic migrants arriving by air. The ultimate result was a significant increase in Australia’s net overseas migration (NOM), which surged from the

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Your Democracy Tuesday, September 30, 2025 - 11:15 Source

Dante Alighieri, in his book Inferno, places those who betray benefactors in the deepest circle of hell. If that is true, the place is likely overpopulated with the managers and executives of nonprofit organizations. 

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MacroBusiness Tuesday, September 30, 2025 - 11:00 Source

Health Minister Mark Butler has stated organised crime had recently taken a “stranglehold” over the illicit tobacco market and that the tobacco black market has “exploded” into the biggest threat to public health in Australia. “It started in Melbourne and it spread right through the country. It means that there is violence and arson taking

The post Is tobacco Australia’s biggest policy failure? appeared first on MacroBusiness.

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