Blogotariat

Is the gold boom turning to a bust, or is this only the first phase of a much bigger cycle? The bull case depends on why you own gold and how you choose to hold it. The “what” and “how” matter as much as the “whether.” Gold is a greater fool investment I’m going to start

The post Seven factors driving the gold price appeared first on MacroBusiness.

Hydro Tasmania has just posted its worst financial result in recent memory, but you’d have to read between the lines to understand how serious the situation is.

As giant hailstones hit Queensland, solar panel makers, tracker companies, and forecasters are rolling out new tech to deal with bigger, more common storms.

Throughout much of the last term of federal parliament, the Coalition under its then leader Peter Dutton made a case that the Albanese government was unable to adequately manage the nation’s affairs, using words like “disaster” to characterise some of the government’s policies. While there is certainly a case to be made that the Albanese

The post The Liberal party is floundering appeared first on MacroBusiness.

Palestinian women share how Israeli forces used them as human shields in Gaza and the West Bank Throughout the Gaza genocide, testimonies have documented the Israeli army’s use of Palestinian women as human shields. These are not isolated acts by rogue soldiers but a systematic practice known to Israeli commanders and acknowledged by soldiers.

BY MAJD JAWAD 

New report outlines staggering costs of pre-paid electricity plans. If this happened in Sydney, it would be a scandal. In First Nations communities, it’s policy.

DXY is up and away! Euro toast. AUD is stuck on the treadmill from hell. CNY down. Gold still looks shaky to me as DXY firms. AI metals find a headwind. Big miners, big shooting star. EM toppy. Jun rejection! Yield back-up continues but is not a trend break yet. Stocks trying/ The Market Ear

The post Australian dollar flogged with Euro appeared first on MacroBusiness.

Iron ore is riding high with the Pilbara killer one week away. Dynamics have shifted, as expected. Late last week, hot metal output fell to 2.36mt.  This has been low enough to reverse the steel inventory accumulation, though it is still much higher than last year. In turn, port inventories of iron ore are on

The post Pilbara killler one week away appeared first on MacroBusiness.

Yes, it’s very early, but I’ve launched my partial guide to the next Australian federal election, due in 2028.

This guide covers the 102 House seats in New South Wales, Victoria, Western Australia and the Northern Territory. These jurisdictions won’t have a redistribution (barring an expansion of parliament). The guide also features guides to the eight Senate contests.

If there is no parliamentary expansion, this redistribution cycle is one of the least significant we’ve had. This makes it easier and quicker to get the guide ready.

When Clare O’Neil was Australia’s Home Affairs Minister, she regularly lamented that Australia’s migration system was too temporary and was holding the nation back. “Today, really for the first time in our modern history, our uncapped, unplanned temporary program is the centrepiece and driver of our migration system. This simple fact is the source of huge

The post Temporary visa numbers surge to new record high appeared first on MacroBusiness.

Here’s Israel’s strategy to continue the war on Gaza: find a pretext, no matter how baseless, use it to kill dozens of civilians and fighters, stop fire and claim you’re honouring the ceasefire. Then do it again.

The Israeli army announced that a soldier in Rafah had been killed by gunfire on Tuesday. Before the source of the gunfire could be confirmed, Netanyahu blamed it on Hamas, and gave the order for the army to launch “powerful strikes” on Gaza.

Pentagon chief Pete Hegseth claimed a new US strike on a vessel that, according to him, was used for drug trafficking in the Caribbean Sea and belonged to a "terrorist organization."

"Today, at the direction of President Trump, the Department of War carried out a lethal kinetic strike on another narco-trafficking vessel operated by a Designated Terrorist Organization (DTO) in the Caribbean," Hegseth said on X.