Blogotariat

Ukraine’s calls for a meeting between Russian President Vladimir Putin and Vladimir Zelensky are premature, as the two sides have yet to make progress on major points of disagreement, the Kremlin said on Thursday following the latest round of peace talks.

The negotiations, held in Istanbul the day before, lasted less than an hour. Both sides agreed on several humanitarian issues, including the exchange of prisoners of war, civilian detainees, and the repatriation of soldiers’ remains.

Solar battery hybrid project referred to independent panel, despite state planning approval because of more than 50 objections, half of whom live more than 100 km away.

Asian share markets like other equities are doing the FOMO trade as it looks apparent that everyone is going to get a new baseline 10-15% tariff rate from the Trump regime with news that the EU is likely to be next, enshrining higher prices for US consumers for almost everything they buy. Wall Street doesn’t

The post Macro Afternoon appeared first on MacroBusiness.

WA energy system specialist seeks fresh capital to scale up operations, including for its recent launch into the booming home battery market.

The federal government’s proposal to tax the unrealised capital gains of superannuation funds was a key focus of the first question time session in the new parliament. Treasurer Jim Chalmers criticised the Coalition for attacking a policy that he claims would affect about 0.5% of people with a superannuation account, noting that it had opposed

The post Do this instead of taxing unrealised superannuation gains appeared first on MacroBusiness.

A new FY brings new hope. S&P with the note. Flash Australia Composite PMI Output Index: 53.6 Index, sa, >50 = growth m/m % qr/qr (Jun: 51.6) Flash Australia Services PMI Business Activity Index: 53.8 (Jun: 51.8) Flash Australia Manufacturing PMI: 51.6 (Jun: 50.6) Flash Australia Manufacturing PMI Output Index: 52.3 (Jun: 49.9) “July’s S&P

The post Aussie flash PMI firms appeared first on MacroBusiness.

The entire TikTok book thing has passed me by. As a 60-year-old white male, I am officially banned from TikTok. So I've only ever experienced it at a distance. But I hear it's very important for selling books these days.

One of the books that’s sold a ton of copies because of all the TikToking is the English translation of a Japanese novel called Before the Coffee Gets Cold. I saw a copy of this in a bookstore—I want to say it was Harry Hartog in Bondi Junction—last time I was down in Sydney. And it may even have been in a part of the store given over to TikTok or BookTok recommendations.

Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, explores where income investors should look as Australian interest rates appear set to fall. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus

You have to love the pretense of Westpac economist Pat Bustamante in The AFR: The mining industry delivered more than 50% of the increase in living standards over the past two decades, as measured by gross national income per person, according to a new report by Westpac. But an expected continued decline in commodity prices

The post Get set for higher immigration, not productivity appeared first on MacroBusiness.

The Australian Financial Review’s John Kehoe has published an extraordinary report, based on analysis from the Centre for Independent Studies (CIS), showing that spending by federal and state governments on initiatives such as the NDIS, aged care, and child care has reached its highest level since World War II. As a result, more than half

The post We’re all public servants now appeared first on MacroBusiness.

Iron ore is always crazy, but it has been outdoing itself in recent weeks. Is that the top? In the short term, we’re still waiting for new yawnulus so maybe, maybe not. It is at the level that will drag in Indian exports, so in the slightly less than short term, yes. Chinese steel output

The post Global steel output smashed appeared first on MacroBusiness.