Blogotariat

What could $27 billion fund if Commonwealth-state transfers were adjusted to bring revenue and expenses for each level of government closer to balance?

All hail King Trump! While Australia is busy destroying itself via the evil East Coast gas cartel, King Trump is working on a plan to save us. The possibility of an end to the war in Ukraine is, of course, a positive development but all indications are that the outcome will reward Russia’s leader Vladimir

The post King Trump may save energy superidiot appeared first on MacroBusiness.

The relationship between older, younger, and future Australians and our tax and spending priorities is based on an implicit generational bargain. Working age taxpayers support older and younger Australians and can expect the next generation to support them in the same way, and economic and social development will enable each successive generation to enjoy rising living standards. At the very least, we should not leave the next generation worse off.

“Look back over the past, with its changing empires that rose and fell, and you can foresee the future, too.” Marcus Aurelius

If you have made even a cursory study of empires of the past, there are a number of signs of the flaws of those empires that are reasonably common, generally when they are in decline, but not always.

Caligula’s horse and Washington    By Les MacDonald

The rotten fish head is back, trying to poison the interest rate pond with politicised garbage. John Kehoe is the stinker today. The decision by the Reserve Bank of Australia board on Tuesday is the most eagerly awaited monetary policy call in many years – both for home borrowers and politicians on the eve of

The post RBA needs to cut, cut, cut appeared first on MacroBusiness.

https://www.youtube.com/watch?v=K30vixF8cBw

Scott Ritter: Trump Is PLAYING A Different Game (Interview)

British polling company YouGov published their first MRP report for the 2025 election cycle, becoming the second company to publish an MRP during this election cycle. For this post I wanted to run a comparison of the two most recent MRPs from two different companies. The two polls produced similar top-level figures, both in terms of seats and votes, but at the individual seat level there are some pretty significant differences.

NATO Secretary-General Mark Rutte has urged European members of the bloc to stop complaining about getting sidelined in peace talks and discussions on Ukraine’s future, and to take action instead.

Speaking at the Munich Security Conference (MSC) on Saturday, Rutte emphasized the need for actionable ideas, including on the Russia-Ukraine conflict and the bloc’s effort to ramp up its defense spending.

Financial markets and most economists believe that the Reserve Bank of Australia (RBA) will lower the official cash rate by 0.25% on Tuesday, followed by three additional cuts this year. The latest Westpac monthly consumer confidence survey noted that “consumers have become much more confident about the prospect of interest rate cuts”. As a result, “house

The post Auction market bounces ahead of rate cuts appeared first on MacroBusiness.

Employee unions are challenging the Trump administration’s moves to fire vast swaths of the federal workforce, saying they violate regulations for carrying out mass “RIFs” across government.

Silence falls, and the tension in the room is almost palpable as US Vice President JD Vance walks to the podium at the Munich Security Conference. Just 48 hours earlier, the world had felt like a different place.