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Your Democracy Saturday, November 1, 2025 - 04:35 Source

MOSCOW (Sputnik) - President of the European Parliament Roberta Metsola is considering the possibility of banning access to the websites of Sputnik and RT within the networks and devices of the European Parliament, where they remain available despite EU-level restrictions, European media reported.

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MacroBusiness Saturday, November 1, 2025 - 00:05 Source

International Reading: Chipotle CEO sounds alarm on the American economy – Yahoo USDA Quietly Deletes Its Contingency Plan for Funding SNAP – Notus Binance helped Trump crypto company make billions – Independent Not a good sign: Hershey Warns of Soft Halloween Candy Sales – Bloomberg Trump Ballroom Fiasco Takes Worse Turn as Economic Data Gets

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

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Your Democracy Friday, October 31, 2025 - 19:02 Source

“But everyone else has one!”

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MacroBusiness Friday, October 31, 2025 - 16:30 Source

Asian markets are generally lower although the latest Tokyo inflation numbers saw Japanese stocks rise swiftly with another BOJ rate hike now on the cards while the outcome of the Trump-Xi summit is not inspiring confidence in other risk markets. In currency land, the USD is getting stronger again with the Australian dollar pulled back

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Friday, October 31, 2025 - 14:58 Source
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Renew Economy Friday, October 31, 2025 - 14:35 Source
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Renew Economy Friday, October 31, 2025 - 14:34 Source
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Renew Economy Friday, October 31, 2025 - 14:25 Source
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MacroBusiness Friday, October 31, 2025 - 13:30 Source

Justin Fabo from Antipodean Macro published the following chart comparing the official cash rates of the Reserve Bank of Australia (RBA) against the Reserve Bank of New Zealand (RBNZ). Fabo stated on Twitter (X) that “the RBNZ often goes harder in both directions on rates”, in reference to its recent higher peak and lower trough

The post Reserve Bank vs Reserve Bank on interest rates appeared first on MacroBusiness.

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Renew Economy Friday, October 31, 2025 - 13:07 Source
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Renew Economy Friday, October 31, 2025 - 13:03 Source
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MacroBusiness Friday, October 31, 2025 - 13:00 Source

Last week, I argued that Australia is the dumbest developed nation on Earth for choosing to give itself expensive and unreliable energy when it is literally a global energy superpower rich in everything other than oil. In retrospect, I should have awarded the “dumbest developed nation” prize to Germany, which stupidly chose to blow up

The post How Germany blew up its economy appeared first on MacroBusiness.

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MacroBusiness Friday, October 31, 2025 - 12:30 Source

In decades now long passed, the issue of migration was largely one of practical considerations, defined by questions such as: How many new arrivals per year is viable? How many homes do we need to build? What skills base needs to be expanded? What is the right path toward integrating new arrivals into society while

The post Canadians turn away from migration appeared first on MacroBusiness.

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Renew Economy Friday, October 31, 2025 - 12:30 Source
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Renew Economy Friday, October 31, 2025 - 12:30 Source
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Renew Economy Friday, October 31, 2025 - 12:25 Source
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MacroBusiness Friday, October 31, 2025 - 12:00 Source

In the annals of wasted public investment, few attempts to build an industry can compete with the abject failure of hydrogen. $60 billion in incentives are available for hydrogen research and production, most of it sitting on the shelf, unused. Hydrogen was only ever going to be a niche industrial gas for decarbonising such things

The post Energy superidiot lurches from hydrogen to farts appeared first on MacroBusiness.

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MacroBusiness Friday, October 31, 2025 - 11:30 Source

The Market Ear on equities. Running hot The tech squeeze has already hit, with MAG 5 stocks now making up 61% of U.S. GDP. Forced buying and upside panic have stretched the right tail to the breaking point—now, the question is whether the rally can hold, or if a sharp pullback is inevitable. Too much

The post AI deletes Warren Buffet appeared first on MacroBusiness.

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MacroBusiness Friday, October 31, 2025 - 11:00 Source

Housing minister Clare O’Neil continues her blame game and propaganda tour, this time taking aim at the Greens for “blocking” the construction of new homes: O’Neil’s latest attack follows the dismal dwelling construction data released this month by the ABS, which showed that completions fell by 2% in 2024-25 and were tracking 65,970 (27%) below

The post Clare O’Neil’s housing dud faces audit appeared first on MacroBusiness.

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xkcd.com Friday, October 31, 2025 - 11:00 Source

Even geology papers about Heart Mountain are like, "Look, we all agree this 'volcanic gas earthquake hovercraft' thing seems like it can't possibly be right, but..."

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MacroBusiness Friday, October 31, 2025 - 10:30 Source

Australia is experiencing its worst rental crisis in living memory. According to Cotality, the number of homes listed for rent across the combined capital cities is tracking at its lowest level on record following an 18.5% annual decline. Australia’s rental vacancy rate has also declined to a record low of 1.5% nationally, down 0.4% over

The post Aussies want immigration cut to ease housing crisis appeared first on MacroBusiness.

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MacroBusiness Friday, October 31, 2025 - 10:15 Source

Victoria disease is coming to a shopping mall near you. Wesfarmers has revealed that staff across its stores, including Kmart and Bunnings, faced over 13,500 threatening incidents from customers in the past year, including more than a thousand physical assaults. …“During the year we experienced a significant worsening of retail crime and customer threatening situations,” Wesfarmers CEO

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MacroBusiness Friday, October 31, 2025 - 10:00 Source

DXY is back. AUD is being sat on by an elephant. CNY did like the trade truce. Gold is trying as the Fed hawked up, expecting Trump to go nuts. AI metals falmed out with AI. Big miners shooting star. EM too. Junk no bueno. Yields back-up. Tech dwn. Charlie McElligott sums it nicely. Jerome

The post Rise of the greenback haunts Australian dollar appeared first on MacroBusiness.

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MacroBusiness Friday, October 31, 2025 - 09:30 Source

Westpac credit card data tracker has been massaged to produce more positive results. Note that this release introduces major improvements to our Westpac-DataX Card Tracker Index* including significantly expanded coverage and changes that bring measures into closer alignment with official ABS estimates. These have led to significant revisions to previously published figures and growth rates. The Westpac-DataX Card

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MacroBusiness Friday, October 31, 2025 - 09:00 Source

Risk markets fell were uneasy overnight on the so-called US-China truce out of the summit between the Trump and Xi regimes with Wall Street falling back despite very solid earnings from Amazon as Meta was dumped more than 11% on AI troubles. The USD reasserted its recent strength against all the majors – except gold

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Friday, October 31, 2025 - 08:20 Source
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MacroBusiness Friday, October 31, 2025 - 08:08 Source

The Albanese government’s 5% deposit scheme for first home buyers, which came into effect on 1 October, had the desired effect on home prices. Cotality’s daily dwelling values index, which covers the five major capital city markets, surged by 1.1% in October, driven by Perth (1.9%), Brisbane (1.6%), and Adelaide (1.4%). Over the October quarter,

The post First home buyer deposit scheme rockets house prices appeared first on MacroBusiness.

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Your Democracy Friday, October 31, 2025 - 06:55 Source

Last week, a friend asked if I was worried about Chinese “nuclear threats".

I asked where he had heard that.

He showed me his phone.

“WE OPPOSE: CHINA ISSUES NUKE WARNING AFTER AUSTRALIA-US DEAL.”

 

Fred Zhang

The ABC and News Corp finally agree on something: China panic

 

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Your Democracy Friday, October 31, 2025 - 06:20 Source

Kremlin vows response if US violates nuclear moratoriumUS leader Donald Trump earlier said he had ordered the Pentagon to resume nuclear arms trials

Russia will respond “accordingly” if the US violates a moratorium on testing nuclear weapons, Kremlin spokesman Dmitry Peskov has said.

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Your Democracy Friday, October 31, 2025 - 06:16 Source

 

ASEAN is quite a delicate geopolitical entity: gracious, polite and consensual but at the same time, always privileging its “centrality”. The collective 11 Southeast Asians (East Timor is the new member) are very serious global players - with a GDP of $3.8 trillion, and constantly rising.

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