Blogotariat

Putin's wins keep piling up as Trump's Alaska Summit reveals the extent of Ukraine's defeat at the hands of Russia says geopolitical analyst Pepe Escobar. This video breaks down the significance of the summit sending shockwaves across the world as the Ukraine war winds down.

Pepe Escobar: Putin’s Peace BOMBSHELL Breaks Trump, Ukraine’s Defeat Now Inevitable

https://www.youtube.com/watch?v=UWV9cZ2O0u4

Asian share markets are mainly down across the board as risk sentiment continues to shift further into negative space as we all await the Jackson Hole conference on Friday with Fed Chair Powell expected to make some comments regarding the actual trajectory of the US economy before he likely gets fired. The RBNZ cut rates

The post Macro Afternoon appeared first on MacroBusiness.

The Australian recently published Jobs and Skills Australia (JSA) data showing that there is an abundance of applicants per job. This suggested that concerns surrounding labour shortages are overblown. At the aggregate economy level, there were 29.3 applications per vacancy, 9.4 qualified applicants per vacancy and 4 suitable applicants per vacancy: As illustrated below by Justin

The post Australia’s skills shortages vanish appeared first on MacroBusiness.

It took Melbourne 165 years to hit a population of 3.5 million at the turn of the century. Over the first 25 years of this century, Melbourne’s population has grown by nearly 2 million, causing immense strain on housing, infrastructure, services, law and order, and overall living standards. The state government has also been buried

The post Victorians face immigration taxes appeared first on MacroBusiness.

Geopolitics again dominated the newsflow overnight, although the latest Canadian CPI print gave off a bit of a reverberation across currency markets with the USD pushing most of the majors down slightly as the Loonie almost went back to its recent monthly low. European stocks rallied while Wall Street pulled back on mixed home sales

The post Macro Morning appeared first on MacroBusiness.

Solar and batteries play directly to Australia’s strengths. But to make the transition work, we also need to address leaky homes and inefficient appliances.

The solution to the rental crisis is being played out across Australia’s two most similar nations: Canada and New Zealand. Canada experienced a record rise in rents in response to the largest surge in immigration in the nation’s history. Last year, the Canadian government announced that it would freeze population growth for three years in

The post Want cheaper rents? Cut immigration. appeared first on MacroBusiness.

Asian share markets are flat or slightly down across the board in another very quiet session as macro news remains dominated by the farcical White House talks between Europe, Ukraine and the Trump regime. The moves to watch this week will be the Jackson Hole conference on Friday with Fed Chair Powell expected to make

The post Macro Afternoon appeared first on MacroBusiness.

Senior Queensland Labor politician and former deputy premier of the Sunshine State named as the new chief executive officer of the Clean Energy Council.

New Zealand’s economy continues to face severe challenges. As illustrated below by Justin Fabo from Antipodean Macro, the Reserve Bank of New Zealand’s GDP growth nowcast is pointing to a 0.2% decline in real GDP in Q2 2025. New Zealand’s labour market is also in dire straits, with unemployment and underutilisation rates soaring to near-decade

The post Recession alarm sounds for Reserve Bank appeared first on MacroBusiness.

At the end of 2024, CoreLogic (now Cotality) reported that the national dwelling value to income ratio and the percentage of income required to service a new mortgage were tracking at a record high. Cotality’s July housing report showed that the median dwelling value across Australia’s capital cities was $926,854 at the end of July.

The post Australian house prices hit affordability ceiling appeared first on MacroBusiness.

South Australia is held up as the nation’s renewable energy leader with the highest penetration of wind and solar generation in the nation. South Australia shut down its last coal-fired power plant in 2016 and now generates more than 70% of its electricity from renewable sources, mainly wind and solar. However, the shutting down of

The post South Australia a prelude to nation’s energy future appeared first on MacroBusiness.