Renew Economy
Thursday, May 29, 2025 - 11:12
Source
|
MacroBusiness
Thursday, May 29, 2025 - 11:00
Source
Greens leader Larissa Waters gave a wide-ranging interview, declaring that the environment is in the party’s DNA and will remain a key focus. “Yes, of course, we formed originally out of the environment and climate movement and, yes, that’s in our DNA”, she said. Waters’ declaration comes amid the backdrop of the party’s immigration policy, The post The Greens are an environmental threat appeared first on MacroBusiness. |
MacroBusiness
Thursday, May 29, 2025 - 10:30
Source
Westpac on monthly inflation. The Monthly CPI Indicator gained 2.4% in the year to April, stronger than Westpac’s estimate of 1.9%yr and just a touch more than the market’s estimate of 2.3%yr. There was a reasonably wide range of estimates this month, from a high of 2.6%yr to a low of 1.9%yr. The CPI Indicator The post Monthly inflation RBA no problemo appeared first on MacroBusiness. |
Cheeseburger Gothic
Thursday, May 29, 2025 - 10:04
Source
Remember that time I was supposed to be writing a very serious history of Sydney and I started messing around with a time-travelling aircraft carrier, and that turned into Weapons of Choice? Yeah so, whoops, I did that again. This time I stumbled into something that surprised even me. Spy-romance novels. |
MacroBusiness
Thursday, May 29, 2025 - 10:00
Source
Nick Reece, Melbourne’s Lord Mayor and prominent promoter of mass immigration, believes he has the solution to the city’s housing crisis and failing economy: more migrants and international students. Late last year, Reece announced that he was actively canvassing Chinese and Indian companies to open headquarters in Melbourne, citing the city’s large Indian and Chinese |
Renew Economy
Thursday, May 29, 2025 - 09:51
Source
|
The Tally Room
Thursday, May 29, 2025 - 09:40
Source
We are now getting to the point in the election count where all of the primary votes appear to have been counted. We don’t have all the preference data yet – Bradfield is obviously still in play, the two-party-preferred count is not quite complete, and we don’t have 3CP or distribution of preferences data outside of Calwell. But now that we know how many votes were cast, we can analyse the level of turnout, and how many people voted early, and voted with a particular voting method. |
MacroBusiness
Thursday, May 29, 2025 - 09:30
Source
DXY is hanging on again. AUD is still grinding up but failing to launch Leads boots are climbing Gold and oil shaky. Metals no bueno. EM meh. Junk all clear. Yields eased. Stocks eased. It is a strange new world in which both DXY and AUD are heavily shorted so both may climb at any The post Australian dollar rides American idiot premium appeared first on MacroBusiness. |
MacroBusiness
Thursday, May 29, 2025 - 09:00
Source
The release of a set of “real” FOMC minutes sent Wall Street lower overnight as the Fed reiterated its fears about a US recession in the wake of the Trump regime’s tariffs, even with all the TACO drippings that seem to follow each new threat and bluster. The real effect on isolation of the US The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Thursday, May 29, 2025 - 08:44
Source
|
Renew Economy
Thursday, May 29, 2025 - 08:38
Source
|
Renew Economy
Thursday, May 29, 2025 - 08:34
Source
|
MacroBusiness
Thursday, May 29, 2025 - 08:00
Source
The following chart from Alex Joiner from IFM Investors shows how average Australian mortgage sizes have chased home prices higher. There is an element of ‘chicken and egg’ on display here. Higher home prices require borrowers to take out larger mortgages, whereas people taking out bigger mortgages bid prices higher. Higher home prices combined with The post Australians snookered by mega-mortgages appeared first on MacroBusiness. |
MacroBusiness
Thursday, May 29, 2025 - 00:05
Source
In the early 2000s, the federal Labor government made the disastrous decision to allow the export of liquefied natural gas (LNG) from Queensland without forcing gas companies to first supply Australians. Gary Grey, the then-Federal Resources Minister under the Gillard/Rudd Labor governments, argued that domestic gas reserve policies create uncertainty and discourage investment, pitting the |
Renew Economy
Wednesday, May 28, 2025 - 20:51
Source
|
The Tally Room
Wednesday, May 28, 2025 - 16:31
Source
I had the opportunity today to visit the Bradfield recount, thanks to being appointed as a scrutineer. I did not attempt to challenge any ballots, but this gave me the best way to see how the process works. I was thinking of doing a podcast, and I may do that at some point if I get to interview some of the scrutineers, but for now I thought I’d summarise what I found in a blog post. |
MacroBusiness
Wednesday, May 28, 2025 - 16:30
Source
A couple of comments from the BOJ over the Japanese bond market and the ongoing trade war with the US didn’t upset most risk markets in Asia as they move in correlation with a resurgent Wall Street. The latest local inflation figures came in a little hotter than expected but this was overshadowed somewhat by The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Wednesday, May 28, 2025 - 15:25
Source
|
Renew Economy
Wednesday, May 28, 2025 - 15:16
Source
|
Renew Economy
Wednesday, May 28, 2025 - 15:11
Source
|
Renew Economy
Wednesday, May 28, 2025 - 14:44
Source
|
MacroBusiness
Wednesday, May 28, 2025 - 14:00
Source
The Market Ear looks at the hated rally. Intact SPX’s steep trend channel since April panic lows remains intact. So far a perfect bounce on the lower part of the trend channel and the 21 day moving average. Support 5800, resistance 6000. Source: LSEG Workspace Missing even more Non dealers reduced the US equity futures The post Love the hated rally appeared first on MacroBusiness. |
Renew Economy
Wednesday, May 28, 2025 - 13:56
Source
|
MacroBusiness
Wednesday, May 28, 2025 - 13:30
Source
More yawnulus please. Sales pancaked. Inventory a bit better. Completions down, down. It really doesn’t matter how much floor area developers sell, the enormous shadow inventory or unsold, empty, furloughed, half-built, half-dug apartments won’t run out for another 10k years. Iron ore demand to keep falling. The post Chinese property abandons ship appeared first on MacroBusiness. |
Renew Economy
Wednesday, May 28, 2025 - 13:25
Source
|
Renew Economy
Wednesday, May 28, 2025 - 13:19
Source
|
Renew Economy
Wednesday, May 28, 2025 - 13:16
Source
|
MacroBusiness
Wednesday, May 28, 2025 - 13:00
Source
The May federal budget forecast that Australia’s population would grow by 1.25% on average over the four-year forward estimates, with the nation projected to add 1.4 million residents in the four years to 2029: In the four years to 2028-29, Victoria’s population is projected to grow by 1.46% annually, adding 426,000. The Victorian government’s latest The post Victoria doesn’t trust Albo’s immigration forecasts appeared first on MacroBusiness. |
MacroBusiness
Wednesday, May 28, 2025 - 12:30
Source
The ferrous complex is going over a cliff of some sort led by steel. Iron ore will inevitably follow. The question is why and how far? It is right about now we would expect the initial round of tariff wars to making its way upstream in a demand deficit bubble. As well, property continues to The post Iron ore into the abyss appeared first on MacroBusiness. |
MacroBusiness
Wednesday, May 28, 2025 - 12:00
Source
Blah, blah. blah. The Australian. Australia is falling behind global rivals in attracting investment in gas exploration and production, a new report from global consultancy Wood Mackenzie has found, a trend that risks undermining the nation’s energy security and stalling the transition away from coal. The report, Australia’s Natural Gas Investment Competitiveness, commissioned by industry The post A cartel is never satisfied appeared first on MacroBusiness. |