Blogotariat

Washington has decided to stop negotiating with the supporting cast and go straight to the main stage. For the first time since the US revived its push for a negotiated end to the Ukraine conflict, the center of gravity has shifted to Russia.

The first rant I ever posted on this blog all the way back in early 2017 was entitled Gun Nuts and it referred to data from 2013 on general gun deaths in the US. At that time 33,534 people were killed by guns, at a rate of 10.35 per 100,000 people. In Australia in the same year 225 people were killed by guns, at a rate of 0.94 per 100,000 people1.

The conversation between Russian President Vladimir Putin and US President Donald Trump’s envoy Steve Witkoff was constructive, very useful, and substantive, according to Russian Presidential aide, Yuri Ushakov.

He made the comment after five hours of talks between the Russian president, his envoy Kirill Dmitriev, and US President Donald Trump’s special envoy Steve Wtikoff which fininshed after midnight local time.

New data centres will be expected to bring their own renewable and battery supply, and AEMO says they must follow strict rules that will help the grid, not break it.

A new 1.5 gigawatt project, backed and hosted by local farmers who held a tender for the facility, has hit the EPBC queue with a big battery in tow.

Down she goes, and where she stops nobody knows. Sales drowning. Year to date sinking. Inventory bouyant. Completions taking on water. Some of this is the recently banned data. It is not clear if the data remains are available to subscribers. Meanwhile, the reason for the ban is going to the bottom like a holed

The post Chinese property sinks to the bottom appeared first on MacroBusiness.

The Market Ear. It doesn’t matter… …until it matters. Note the latest short term gap between the US 10 year (inverted) and SPX. We saw a similar early gap form between the two in late October, before SPX “joined” the move. Source: LSEG Workspace Once again? In late October we saw the 10-year pick up

The post Bulls and bears duke it out appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) has released the Q3 2025 national accounts, which reported a 0.4% rise in headline GDP over the quarter and a 2.1% rise through the year. The result disappointed analysts’ expectations, which had tipped a quarterly rise in GDP of 0.7% and an annual increase of 2.2%. The result was

The post Australian economy remains per capita recession bound appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) released dwelling approvals statistics for October, reporting 15,844 trend approvals, down 0.6% from September. Approvals in October were 4,168 (21%) behind the National Housing Accord’s five-year target of 20,000 dwellings per month. In the year to October, 192,100 dwellings were approved for construction, which was 47,900 (20%) fewer than

ANZ-Indeed job ads have commenced a new adjustment. ANZ-Indeed Australian Job Ads fell 0.8% m/m in November following an upwardly revised 1.9% m/m decline in October.The trend series fell 1.3% m/m, after a 1.9%m/m fall in October ANZ-Roy Morgan consumer confidence is following suit. Consumer confidence declined 1.6pts last week to 85.5pts. The four-week moving

The post Aussie job ads tumble as AI cometh appeared first on MacroBusiness.

For years, MB has argued that the Australian Bureau of Statistics’ (ABS) estimate of education exports is wildly exaggerated because it: Incorrectly includes income from international students working in Australia. Does not adjust for remittances sent home from Australia by international students or former students (which are an import). The ABS estimates that education exports

One Nation is eating the LNP alive. DemosAU MRP Model projects results for all 150 individual federal seats  One Nation rise: Approximately 1 in 5 Coalition voters from 2025 federal election now intend to vote for One Nation Final result: Labor leads Coalition 56 – 44 per cent 2PP Some folks still don’t get it.

The post The Aussie populist revolution is here appeared first on MacroBusiness.

Gas power's business model is disappearing. Solar has cut into daytime operation. Batteries are starting to take the rest. And that's bad news for Australian LNG.