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Oz Blog News Commentary
MacroBusiness Monday, March 2, 2026 - 09:30 Source

According to the latest Newspoll, the new LNP leadership has stemmed the bleeding but not much else. This result has to be very concerning. Labor is down one point to 32%, One Nation is unchanged at 27%, the Coalition is up two to 20%, while the Greens are down one to 11%. However, with 35%

The post One Nation delivers CGT and negative gearing reform appeared first on MacroBusiness.

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MacroBusiness Monday, March 2, 2026 - 09:00 Source

Following a fresh wave of bombing by the American madman and Israel on Iran, retaliation suggests wider implications for the region than previous rounds. With Supreme Leader Al Khamenei dead, there is ambiguity about who currently makes decisions in Tehran after major losses to Iranian leadership. Whether Iran’s Islamic Revolutionary Guard Corps (IRGC) withdraws under

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MacroBusiness Monday, March 2, 2026 - 08:00 Source

The ferrous complex rolled on Friday as we head to the Two Sessions. Clearly, not much hope for stimmies China’s total steel inventory is a little below last year. Port inventories of iron ore fell for the first time in months, according to CISA. But not according to MySteel. Inventories of imported iron ore stockpiled

The post Australian dollar bombed in Middle East appeared first on MacroBusiness.

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MacroBusiness Monday, March 2, 2026 - 08:00 Source

Between 1949 and 1972, Australia’s federal government was controlled by the Coalition, with 17 of those 23 years occurring under the party’s founder, Sir Robert Menzies. This era brought a great many challenges to Australia and the world, as the Cold War and rapid technological progress demanded adaptable leaders and policy heavily focused on the

The post A blueprint for LNP success appeared first on MacroBusiness.

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Your Democracy Monday, March 2, 2026 - 07:47 Source

Pope Leo said on Sunday that he is following events after US-Israeli strikes against Iran with “deep concern” and made an impassioned appeal to stop what he called a “spiral of violence”.

“I address a heartfelt appeal to the parties involved to assume the moral responsibility to stop the spiral of violence before it becomes an irreparable abyss,” said the pope.

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Your Democracy Monday, March 2, 2026 - 05:44 Source

 

Overnight, Tehran confirmed the death of the Supreme Leader of the Islamic Republic, Ayatollah Ali Khamenei, following US and Israeli strikes on his residence early on February 28. In strategic terms, this marks a watershed moment in the architecture of the Middle East conflict. This was not a tactical raid or a calibrated show of force, but a decapitation strike at the very apex of Iran’s state system.

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MacroBusiness Monday, March 2, 2026 - 00:05 Source

There is a lot of debate in the media and among economists over whether the federal government should cut the capital gains tax (CGT) discount for housing in the upcoming federal budget. There are also rumours that the government is considering capping the number of homes individuals can negatively gear to two. The CGT discount,

The post CGT debate misses the bigger picture appeared first on MacroBusiness.

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Renew Economy Sunday, March 1, 2026 - 21:24 Source

 X-ElioA new big battery project has attracted 72 objections from mostly long-distance, anonymous parties whose submissions range from considered to unhinged. 

The post Big battery sent to independent regulator by far-flung, anonymous objectors appeared first on Renew Economy.

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Your Democracy Sunday, March 1, 2026 - 21:21 Source

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THE BLOT REPORT Sunday, March 1, 2026 - 14:50 Source

When I was a small child in Tumut, I suffered badly from what was later diagnosed as asthma to the extent that my local doctor suggested I should go to what I remember was the Far West Children’s Home (now Royal Far West1) in the Sydney beachside suburb of Manly. 

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MacroBusiness Sunday, March 1, 2026 - 14:17 Source

Major General Chris Smith DSC AM CSC teed off at the culture of managerialism affecting military decisions.  His thoughts could be applied far more widely than just the military, and he should be applauded. “At the point of definition, those at the other end of your rifle are the enemy, and you are their enemy. 

The post ‘Don’t mention the war’ – Words, meaning, and our lived experience appeared first on MacroBusiness.

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MacroBusiness Sunday, March 1, 2026 - 12:50 Source

Sydney’s auction clearance rates have trended down over recent weeks, while auction volumes have materially increased. As a result, the growth in Sydney dwelling values have begun to fall. Sydney’s final auction clearance rate fell to 62.4% last weekend, based on 987 auctions. This result was down from 64.1% the prior weekend (from 772 auctions)

The post Sydney house prices fall as auctions flood market appeared first on MacroBusiness.

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Your Democracy Sunday, March 1, 2026 - 09:50 Source

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Your Democracy Sunday, March 1, 2026 - 06:00 Source

 

Our leaders are not wise or insightful. They’re not even particularly intelligent. Our society is led by plutocrats who only know how to make more money, by unelected empire managers who only know how to dominate and control, and by elected politicians who only know how to say the right words and make the right bargains in order to get themselves elected.…

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Your Democracy Sunday, March 1, 2026 - 05:53 Source

The NSW government is creating a heavily resourced policing unit of around 250 officers, prioritising hate crimes above other violence. Andrew Brown asks why.

Every four minutes in New South Wales, police respond to a domestic violence incident, a relentless cycle of harm that rarely makes front-page news.

 

Chris Minns’ stormtroopers. Guns for graffiti, silence for the dead

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Your Democracy Sunday, March 1, 2026 - 05:18 Source

 

As the Russia–Ukraine war enters its fifth year, hard questions are overdue. In Part 1 of a two-part series, Michael McKinley examines the strategic history behind the conflict and Australia’s uncritical alignment with a US-led approach that offered Ukraine little prospect of victory.

 

Michael McKinley

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Your Democracy Sunday, March 1, 2026 - 05:04 Source

Former US President Bill Clinton has reportedly told congressional investigators that he did not have sex with a woman photographed with him in a jacuzzi, and does not even know her name, according to CNN and NBC sources familiar with the testimony about his links to late sex offender Jeffrey Epstein.

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Your Democracy Sunday, March 1, 2026 - 04:17 Source

The US has suffered 200 casualties in Iranian retaliatory strikes on bases across the Middle East, the Islamic Revolutionary Guard Corps (IRGC) has claimed.

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Your Democracy Saturday, February 28, 2026 - 19:59 Source

Israeli army has initiated a strike against Iran "to remove threats against the State of Israel", the nation’s Defense Minister Israel Katz announced, adding a special and immediate state of emergency has been declared across the country.

"'As a result, a missile and drone attack against the State of Israel and its civilian population is expected in the immediate timeframe," the Israeli authorities add.

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Your Democracy Saturday, February 28, 2026 - 08:00 Source

 

There’s a pet peeve of mine that throws me into a rage whenever I hear it.

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Your Democracy Saturday, February 28, 2026 - 06:55 Source

As the Donald Trump administration attempts to push through its ambitious plans for the “reconstruction” of Gaza, a tragedy is unfolding in the Middle East that is forever changing the face of the region. The numbers released by the enclave’s health authorities have already become incomprehensible: 72,070 Palest

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Your Democracy Saturday, February 28, 2026 - 05:44 Source

The Federal Reserve has appointed longtime Wall Street lawyer Randall Guynn as its new director of supervision and regulation – a move critics say risks entrenching industry influence at the heart of financial oversight, a move that one critic said was worse than “putting the fox in charge of the henhouse.”

 

Jake Johnson

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MacroBusiness Saturday, February 28, 2026 - 05:37 Source

The housing finance commitments for the December quarter from the Australian Bureau of Statistics (ABS) showed that the number of investor mortgages issued over the quarter hit a record after jumping by 5.5% over the quarter to 60,445: The value of investor lending also surged by 7.9% over the quarter and 31.8% over the year,

The post Property investors pile in before tax changes appeared first on MacroBusiness.

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Your Democracy Saturday, February 28, 2026 - 04:55 Source

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Your Democracy Saturday, February 28, 2026 - 04:44 Source

MR GUS LEONISKY EXTRACTED THE TRUTH [IN CAPS] FROM A FANTASIST ANALYSIS BY DISTINGUISHED SENIOR LIARS, BULLSHITTING AT THE GEORGE W BUSHIT CENTER:

With U.S. and European help, Ukraine WILL LOSE the war THE WEST started…

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Your Democracy Saturday, February 28, 2026 - 04:33 Source

A record 129 media workers were killed worldwide in 2025, marking the second consecutive annual high for such deaths, the Committee to Protect Journalists (CPJ) has reported. The New York-based organization found that Israel was responsible for two-thirds of these killings, making the conflict in Gaza the deadliest for members of the press since CPJ began data collection in 1992.

 

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Your Democracy Saturday, February 28, 2026 - 04:22 Source

Can you hear that sound? That incessant rumbling of republican agitation? The growing protest that Australia remains formally under the reign of the British monarchy, even as a truly dark scandal surrounds it? This disquiet over the fact that the Andrew formerly known as Prince, recently arrested, could theoretically become our head of state?

 

Why the scandal of the royal formerly known as Prince won’t remove Australia’s King

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MacroBusiness Saturday, February 28, 2026 - 00:10 Source

Australia’s universities say they are over-regulated—and the chief executive of Universities Australia (UA), Luke Sheehy, has just secured a promise from education minister Jason Clare to give his members a break. A “better regulation” working group composed of “regulators, university peak bodies, unions and student representatives” will lead the charge in reducing regulation and cutting

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MacroBusiness Saturday, February 28, 2026 - 00:01 Source

International Reading: Days before the national debt is due to hit $39 trillion, President Trump didn’t mention it once during the longest State of the Union ever – Fortune If AI Causes an Office Job Wipeout, It’ll Cause Huge Problems for Blue Collar Work Too – Futurism Trump Administration Provides Biggest Illegal Tax Cuts Yet

The post Weekend reading and MB media appearances appeared first on MacroBusiness.

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Your Democracy Friday, February 27, 2026 - 16:54 Source

The so-called Board of Peace, established by US President Donald Trump, has now begun its work[1]. This body was originally intended only to coordinate and then manage the peace process in the Gaza Strip in the long term. This peace council was indeed authorized to do so by the United Nations.

 

On the Way to the New Feudalism

By Hermann Ploppa

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