Blogotariat

The Market Ear on the stocks stall. Boring for longer? VIX seasonality has been a bit delayed this year, but it looks like things will be boring for some longer… Source: Vixcentral Put hate is back The crowd tends to love puts at local market lows, and hate puts at local market highs. Source: Tradingview

The post Stocks run out of puff appeared first on MacroBusiness.

Australian taxpayers heavily subsidise electric vehicles (EVs). First, the Fringe Benefits Tax (FBT) exemption for battery EVs and plug-in hybrids (PHEVs) is estimated to cost the federal budget more than $550 million in lost tax revenue annually. However, the FBT exemptions for PHEVs expired on April 1, 2025, implying a future reduction in budget costs.

The post Generous subsidies can’t rescue EV sales appeared first on MacroBusiness.

A 2022 survey by the Carnegie Endowment for International Peace showed that Indian migrants overwhelmingly vote for Labor over the Coalition. In the 2022 federal election, Indian migrants voted 58:34 in favour of Labor over the Coalition. Chinese-Australians also seem to prefer Labor. The Tally Room found that at the 2022 federal election, almost all

The post Why Labor loves high immigration appeared first on MacroBusiness.

Building a renewable electricity system is incredibly expensive and will inevitably increase power bills. The global empirical evidence is clear: the higher the share of renewables in an energy system, the higher the electricity cost: The reasons are straightforward. Renewables depend on the weather, so they are intermittent and have low load factors. They need

The post Weren’t renewables meant to be cheaper? appeared first on MacroBusiness.

Real estate agents noted that there has been a marked increase in the number of homes listed for sale in the last week alongside buyer queries. BresicWhitney CEO Thomas McGlynn expects this momentum to continue in the coming weeks after Labor secured a majority government at the federal election on Saturday. “If we see rates

The post Real estate agents gear up for house price boom appeared first on MacroBusiness.

This one stings. When asked how the EU might dodge US President Donald Trump’s tariff hammer, Treasury Secretary Scott Bessent replied, “My observation... goes all the way back to [former US Secretary of State] Henry Kissinger’s statement: ‘When I call Europe, who do I call?’ So, we’re negotiating with a lot of different interests.” Translation: You can’t sit with us until you stop fighting at your own lunch table.

This century has seen a remarkable transformation of Australia. In the 60 years post-World War II, Australia’s net overseas migration averaged 90,000 per year. Australia had only recorded two calendar years with net overseas migration (NOM) exceeding 150,000. Immigration booster Professor Peter McDonald admitted in 1999 that “there were difficulties in the late 1980s when

As VE Day approaches, Western officials, pundits and journalists are widely seeking to exploit the 80th anniversary of Nazism’s defeat for political purposes. European leaders have threatened state attendees of Russia’s grand May 9th victory parade with adverse consequences.

The Anglo-Nazi Global Empire That Almost Was

There are growing divisions with the Coalition over the promotion of nuclear power in the aftermath of the election. Queensland Senator Matt Canavan thinks a split between the parties might be best.

What about us?! DNSPs ask NEM Review to consider rule changes to allow them to own and operate medium and big batteries and host large-scale wind and solar.

Kane Thornton has announced his resignation as chief executive of the Clean Energy Council, after 10 years at the helm of renewables industry peak body.

4:05 – Monique Ryan’s projected lead in Kooyong has shrunk from about 900 votes on Monday evening to just 405 today.

4:02 – In Bullwinkel, Labor’s projected lead has grown from 467 to 608 with more absent and pre-poll votes expected and very few postal votes left to count.

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 0.25% to 3.50%. The reduction means the OCR has now fallen by 2.0% from its peak of 5.50%. On Wednesday, Statistics NZ released the Q1 2025 labour force report, which showed modestly higher employment, with the unemployment rate holding at 5.1%.

The post Reserve Bank needs to cut harder appeared first on MacroBusiness.