Blogotariat

A delivery of second-hand Australian Abrams tanks to Ukraine faces possible complications after US President Donald Trump's recent temporary freeze on military assistance to the war-torn nation. 

Australia must take up the challenge presented by its rift with the United States over trade and foreign policy to strengthen bilateral relationships with other countries in these critical areas. We should also move to capitalise on the opportunities President Donald Trump has created by pulling back on climate commitments and USAID.

John HewsonRoad map to a US reset

$1.8 billion in rebates would slash household bills by an average of 7.5 per cent and bring down inflation by half a per cent, according to Treasury estimates.

Israeli Prime Minister Benjamin Netanyahu paid the asking price for Itamar Ben-Gvir’s return to the government in advance. Not out of his own pocket, of course, but with the blood of the 59 hostages whose fate could be sealed by the resumption of the war, which has already sealed the fate of hundreds of Palestinians, including women and children.

DXY is back and EUR flamed out. AUD is getting kicked in the teeth. And the shorts have piled back in. Lead boots tripped. Trump will regret damaging Iranian oil output. Commodities were hammered. Big miners are in a big bear market. EM yawn. Junk stressed a bit. Need more. Yields flat. Stocks flat. AUD

The post Australian dollar falls as RBA loses credibility appeared first on MacroBusiness.

Yesterday I read the following lines on the Internet – unfortunately without an author’s reference: This has never happened before: a man who has not even been elected chancellor yet negotiates the biggest borrowing in the history of the Federal Republic of Germany with parties that lost the election, in a Bundestag that has long since been dissolved.

Former US President Joe Biden has offered to raise funds, campaign, and do whatever is needed to help Democrats regain ground lost to the Republicans during his tenure, NBC News reported on Friday, citing people familiar with the matter.

By Stephen Saunders  Major-party election-offerings are unsympathetic to ordinary voters. Coalition indolence (and overstated Trump fears) may well re-elect Labor or (heavens no) Labor-Greens. At MacroBusiness also The Australian, I’ve portrayed Election 2025 as a winning romp for the top 20% regardless of who becomes prime minister. Meaning, little improvement across crucial indicators such as

Russian President Vladimir Putin would breach a peace deal with Ukraine if it is not defended, Sir Keir Starmer has said, after attending a meeting of senior military leaders in London.

The UK prime minister said any agreement to stop the fighting between Russia and Ukraine would "only be lasting" if there were "security arrangements in place".

Quinbrook's David Scaysbrook says the falling cost of solar and battery storage represents a tipping point for the energy industry. Plus: Big battery tender, gas and hydrogen news.

This is so dumb or corrupt that I don’t know where to look. Sky. Shadow energy minister Susan McDonald has hit out at Labor over Australia’s looming gas crisis, declaring state and federal governments needed to “get out of the way” and allow more projects to proceed. …Speaking on Sky News Australia, shadow resources minister

The post Coalition rages about wrong gas problem appeared first on MacroBusiness.

Australians are hurting following an 8% decline in real per capita household disposable income since the Albanese government came into office. Australian households have suffered from an inexorable rises in gas and electricity prices. Australian renters have suffered from a near 50% rise in rents since the pandemic, driven mainly by the surge in net

The post Labor turns household loan shark appeared first on MacroBusiness.