Blogotariat

Washington has set tariffs of up to 3,521% on solar imports from Southeast Asia, according to information published by the US Department of Commerce on Monday. 

The hikes follow allegations that Chinese-owned manufacturers operating in the region had violated trade rules.

The tariffs target imports from Malaysia, Cambodia, Thailand, and Vietnam, countries that collectively supplied over $12.9 billion in solar equipment to the US last year, according to Bloomberg.

The latest monthly permanent and long-term arrivals data from the Australian Bureau of Statistics (ABS) showed that 155,000 net permanent and long-term arrivals landed in Australia in January and February 2025. This was the second-highest number on record and only a smidgen below last year’s record of 161,000 for the same period. The following chart

The post ABC rolls out the housing liars appeared first on MacroBusiness.

Sunset Connewarre   AUD/USD EUR/USD USD/JPY GBP/USD GOLD WTI BRENT AUSTRALIA 200 US S&P 500 UK 100 JAPAN 225     Easy Listening                            

The post Macro Afternoon: 22 April 2025 appeared first on MacroBusiness.

Three out of Australia's four aluminium smelters could risk closure if Australia adopts nuclear power, reducing energy supplied to industry.

The rhetoric around coal and gas as indispensable economic backbones is misleading. Conversely, a fully electrified scenario represents profound economic and resilience gains. 

CoreLogic’s latest monthly chart pack estimated that the value of Australia’s housing stock hit a record high of $11.3 trillion in March, spread across 11.3 million dwellings. This meant that the average value of an Australian home hit $1 million for the first time. Last week, Domain released its house price results for the March

The post Another housing market joins the million dollar club appeared first on MacroBusiness.

I have read some poor housing analyses in my time, but few are as awful as the Daily Telegraph’s Taylor Troeth, who blamed “stubborn empty nesters” for fueling NSW’s housing crisis. Troeth cites research from Australian Seniors showing that two-thirds of empty nesters in NSW “were still living in large family homes with no plans

The post Australia’s media finds a new housing scapegoat appeared first on MacroBusiness.

Australia’s universities must rank as the nation’s most poorly run organisations. The number of commencing full-fee-paying international students hit a record high of 215,000 in 2024, roughly triple the number recorded in 2005. The total number of international enrolments also hit a record high of 499,371 in 2024, nearly triple the 178.806 total enrolments recorded

DXY is a falling comet aiming for an extinction-level event. But for what? Not AUD! Nor CNY. Gold is the forever currency now. Metals are confused by monetary versus fundamentals clash. Bg miners = big bear. EM yawn. Junk stress. Curve steepener going nuts as Treasury loses control of the long end. Stocks no likee.

The post Australian dollar overruns United States of Turkey appeared first on MacroBusiness.

Risk sentiment continued its decline over the Easter weekend with Wall Street snapping back nearly 3% lower overnight as it appears all the puffery around trade deals from the Trump regime is exactly that – hot air! Currency and bond markets are broadcasting fairly clearly now that the global trade and financial system is reeling

The post Macro Morning appeared first on MacroBusiness.

In the sweat of thy face shalt thou eat bread, till thou return unto the ground; for out of it wast thou taken: for dust thou art, and unto dust shalt thou return.

Prime Minister Anthony Albanese says all Australian government flags will fly at half-mast on Tuesday after the Vatican confirmed Pope Francis has died at the age of 88.