Blogotariat

"If I were president, I would stop terrorist attacks against the United States in a few days. Definitively.

First, I would apologize to all the widows, orphans, tortured people, those who fell into poverty, and the millions of other victims of American imperialism.

Young adults in the United States are experiencing anxiety and depression at twice the rate of teens, with more than half reporting that their lives lack meaning or purpose, according to a new report from Harvard University.

On every metric, Australian housing is unaffordable. At the end of 2024, the national dwelling price-to-income ratio was 8.0, up from a 20-year average of 6.7 and nearly double the level of the early 2000s. The number of years taken for a median-income household to save a deposit on a median-priced home was 10.6, up

The post Is Australian housing “a bargain”? appeared first on MacroBusiness.

Last of 640 battery packs installed at giant Collie facility, which was to be the biggest battery in Australia but now won't even be the biggest battery in its home town.

In surprise to no one, the Trump regime has wavered first as it signals “very nice” but probably non-existent trade talks with China and nullifies suggestions that Fed Chair Powell’s head is on the chopping block. This has seen extended rallies across stocks while the USD has firmed against most undollars although the Australian dollar

The post Macro Afternoon appeared first on MacroBusiness.

The Dutton-led Coalition is staring down a massive election defeat, with the latest polling from Roy Morgan showing Labor’s two-party preferred vote widening to 55.5% (up 1%) against the Coalition’s 44.5%. The following chart plots recent polling from various sources and shows Labor’s lead widening as the election date approaches. Primary support for Labor also

The post Dutton faces electoral annihilation appeared first on MacroBusiness.

The Trump Administration is the best thing that has happened to the incumbent Liberal government of Canada. Polling conducted in early January suggested that the Liberal Party could win as few as 21 seats in the 338-seat parliament at this year’s election. Canadians had endured a decade-long decline in their living standards. Per capita GDP

The post Donald Trump usurps Canadian election appeared first on MacroBusiness.

Time for more yawnzooka as Chinese property falls into a tariff hole. Yawnulus fading. Sales too. Inventory still drawing. As completions keep falling. Not much good here. More yawnulus incoming. And it had better hurry. Morgan Stanley. Our Asia Research team’s latest AlphaWise survey of ~2,000 consumers in China (conducted April 8-11, immediately after the

The post Chinese property sinks into tariff hole appeared first on MacroBusiness.

Origin says grid access win will trigger a $175m final payment for giant wind project, while Spark reveals Danish giant CIP is involved in its Dinawan hub.

Aussie retail sales have been structurally weak, falling in per capita terms over the past two years. Discretionary ‘brick-and-mortar’ retailers have suffered the most, losing market share to online giants such as Amazon, Temu, and Shein. Amazon joined the Australian market in December 2017 and has quickly expanded its presence. Amazon Prime offers competitive pricing

The post Online behemoths usurp Aussie retailers appeared first on MacroBusiness.

Renewables industry reels in wake of Donald Trump’s extraordinary intervention, ordering construction of a fully permitted and shovel ready offshore wind project to be "stopped cold."

The Climate Council claims that Australians are paying $30 billion more on insurance than they were a decade ago, while premiums have risen at more than twice the average rate of inflation over that time. Insurance companies have incurred losses averaging $4.5 billion a year over the past five years due to extreme weather events,

The post Soaring insurance premiums compound cost of living pressures appeared first on MacroBusiness.

Australia offers some of the world’s most generous post-study work rights for international students, as illustrated in the table below. These generous post-study work rights are coveted by “students” from South Asia, who value post-study work rights and opportunities for permanent residency above most other factors. Australia has experienced an explosion in graduate (485) visa