Blogotariat

Oz Blog News Commentary
MacroBusiness Friday, August 8, 2025 - 10:00 Source

Australian inflation is rapidly becoming a one-trick pony as energy price hikes devour everything in their path. Various government energy rebates are still having a big effect as they roll off.. After increasing by 16.3% in March, electricity increased by 8.1% in the June quarter. However, because of the second wave of the Commonwealth Energy

The post Bonkers gas cartel price hikes the only inflation left appeared first on MacroBusiness.

Read more Views: 89
xkcd.com Friday, August 8, 2025 - 10:00 Source

You say no human would reply to a forum thread about Tom Bombadil by writing and editing hundreds of words of text, complete with formatting, fancy punctuation, and two separate uses of the word 'delve'. Unfortunately for both of us, you are wrong.

Read more Views: 159
Renew Economy Friday, August 8, 2025 - 09:38 Source
Read more Views: 105
MacroBusiness Friday, August 8, 2025 - 09:30 Source

I have warned repeatedly that Australia’s labour market has been living in a ‘fool’s paradise’. The nation’s unemployment rate remains historically low at 4.3% and the Reserve Bank of Australia (RBA) expects unemployment to remain at this low level. However, Australia’s labour market is not nearly as rosy as the official unemployment suggests. First, Roy

The post Australia faces surge in unemployment appeared first on MacroBusiness.

Read more Views: 85
The Tally Room Friday, August 8, 2025 - 09:30 Source

There has been a clear trend in all Australian elections over the last twenty years of voters moving away from voting on election day, with an increasing number of voters choosing pre-poll voting as an alternative.

Tasmania has lagged behind the rest of the country in moving away from ordinary election-day voting, both at state elections and federal elections, but there was a big drop between last year’s election and this year’s election.

Read more Views: 196
MacroBusiness Friday, August 8, 2025 - 09:00 Source

Risk markets were unable to move much overnight as the latest US initial jobless claims came in slightly higher than expected (until revised by Sharpie by the Fanta Fuhrer) while a lot of Fedspeak around the slowing US economy led Wall Street to closed mixed at best. Oil prices pushed lower while the USD was

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 80
Renew Economy Friday, August 8, 2025 - 08:41 Source
Read more Views: 99
MacroBusiness Friday, August 8, 2025 - 08:00 Source

DXY was soft. AUD up. CNY is stalled. Gold is signalling Waller cuts! Metals not so much. Big bear tries again. EM hugs the bubble. Junk is lagging badly. Yields did the opposite to gold. The bubble inflates. It looks like a new and dovish Fed chair is front-running. Bloomberg. Federal Reserve Governor Christopher Waller is emerging

The post Australian dollar Wallered higher appeared first on MacroBusiness.

Read more Views: 81
Your Democracy Friday, August 8, 2025 - 06:55 Source

In late July, Australia test-fired a new US-made long-range missile. Its range is 500km, but that can be doubled, easily reaching Indonesian targets. Duncan Graham reports.

Were our friends to the north fearful, seeing this armed streaker as a threat? Tariffs, Gaza and Ukraine have elbowed other news aside, so reaction has been limited. The Indonesian media has yet to make a fuss.

 

Read more Views: 95
Renew Economy Friday, August 8, 2025 - 06:38 Source
Read more Views: 95
Renew Economy Friday, August 8, 2025 - 06:28 Source
Read more Views: 98
Renew Economy Friday, August 8, 2025 - 06:28 Source
Read more Views: 90
Your Democracy Friday, August 8, 2025 - 05:55 Source

As with other wars, questions of provocation, self-defence and divine right or entitlement are central themes of what the Western mainstream media have had to say about the war in Ukraine, the genocide in Gaza, and the attacks on Iran by the US and Israel in June 2025.

 

Peter Blunt

Read more Views: 93
Your Democracy Friday, August 8, 2025 - 05:33 Source

As we commemorate the 80th anniversary of the Hiroshima and Nagasaki atomic bombings, the world is drifting as close to another nuclear confrontation as it has been in decades.

With Israeli and American attacks on Iranian nuclear energy sites, India and Pakistan going to war in May, and escalating violence between Russia and NATO-backed forces in Ukraine, the shadow of another nuclear war looms large over daily life.

 

Read more Views: 88
Your Democracy Friday, August 8, 2025 - 05:05 Source

US President Donald Trump’s tariffs are having two broad impacts on the global economy – they are eroding international confidence in US leadership and disrupting global supply chains, and causing rapid geographic restructuring of international trade.

 

Jiao Wang

Beijing steps up as Washington steps back

 

Read more Views: 79
Your Democracy Friday, August 8, 2025 - 04:44 Source

An amazing thing has happened. Our taxpayer-funded think-tank Australian Strategic Policy Institute (ASPI) has commissioned analysis by Robert Macklin which shows that the public debate on Australia’s defence has been biased.

Read more Views: 81
MacroBusiness Friday, August 8, 2025 - 00:05 Source

Exorbitant land costs are the primary driver of Australia’s high home prices. According to the Australian Bureau of Statistics (ABS), residential land values, which underpin the housing market, increased by 8.8% between 2023 and 2024, reaching $7.7 trillion. Residential land values increased from 1.1 to 2.9 times Australia’s GDP over 35 years, ending in 2023-24.

Read more Views: 135
Renew Economy Thursday, August 7, 2025 - 18:06 Source
Read more Views: 57
MacroBusiness Thursday, August 7, 2025 - 16:30 Source

  It was all about tariffs again today in the minds of risk markets but Asian shares have all broadly advanced except the ASX200 which put in a scratch session. More rate cut speculation builds as the US Federal Reserve has to weigh up increasing inflation against further jobs losses as the USD continues to

The post Macro Afternoon appeared first on MacroBusiness.

Read more Views: 125
Cheeseburger Gothic Thursday, August 7, 2025 - 16:23 Source

Read more Views: 216
Renew Economy Thursday, August 7, 2025 - 15:41 Source
Read more Views: 114
Renew Economy Thursday, August 7, 2025 - 14:51 Source
Read more Views: 181
MacroBusiness Thursday, August 7, 2025 - 14:00 Source

The latest data from the Real Estate Institute of New Zealand (REINZ) showed that house prices nationally have fallen by 16.4% over 44 months, with all major centres experiencing heavy declines. As illustrated below by Justin Fabo from Antipodean Macro, home prices in real terms have crashed back to 2019 levels. Cotality released its house

The post New Zealand’s ‘slow motion’ house price crash appeared first on MacroBusiness.

Read more Views: 145
MacroBusiness Thursday, August 7, 2025 - 13:30 Source

Victoria disease is the malady of a permanent Labor government leading to an ever-rising population, along with state dependency and falling living standards. It is a national pandemic, but patient zero is Victoria, and she is now dying from a combination of crush loading, energy failure, excess debt, and inflated expectations. One area where Victoria

The post Victoria disease eats CBD appeared first on MacroBusiness.

Read more Views: 87
Renew Economy Thursday, August 7, 2025 - 13:18 Source
Read more Views: 94
MacroBusiness Thursday, August 7, 2025 - 13:00 Source

One of Australia’s most significant educational policy failures was the gradual closure of secondary technical schools between the 1970s and 1990s, driven by the mistaken belief that young people should attend university. The mistakes were then compounded when governments redirected funding for vocational education and training (VET) to universities, alongside redirecting what little VET funding

Read more Views: 88
MacroBusiness Thursday, August 7, 2025 - 12:30 Source

The ferrous complex is still easing after the recent ill-conceived push. The outlook remains weak. The big event refers to a September 3 Beijing ceremony, commemorating the 80th anniversary of the end of World War Two. Chinese steelmakers, especially those in the northern region, usually constrain production before big events to ensure air quality in

The post China is the new “widowmaker” trade appeared first on MacroBusiness.

Read more Views: 96
Your Democracy Thursday, August 7, 2025 - 12:13 Source

What happens when Jordan Peterson and Naftali Bennett get together to defend the indefensible? From distorted narratives to blatant hypocrisy in an effort to justify positions that so many see as morally bankrupt. Watch now and learn why their narrative must be challenged

https://www.youtube.com/watch?v=zGbn7cJ0L68

 

Read more Views: 95
MacroBusiness Thursday, August 7, 2025 - 12:05 Source

Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, look at a number of concerns that investors have about market concentration. The two big ones: (1) With almost 40% of the US market in the hands of just 10 stocks (2) at the same time the amount of money in passive stocks

The post MB Fund Podcast: Market Concentration Risks appeared first on MacroBusiness.

Read more Views: 82
MacroBusiness Thursday, August 7, 2025 - 12:00 Source

These poor folks at the ABC are a leading indicator. Regional Victorian residents in 10 towns reliant on standalone gas networks are in shock after learning their supply will be cut off by the end of next year. Solstice Energy has announced it will phase out its compressed natural gas (CNG) networks in Robinvale, Swan

The post Gasmageddon alarm blares in Victoria appeared first on MacroBusiness.

Read more Views: 131

Pages