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Renew Economy
Thursday, October 9, 2025 - 12:33
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MacroBusiness
Thursday, October 9, 2025 - 12:30
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The Market Ear on the bubble. Nothing is impossible Can the AI frenzy go into total overdrive? NDX now compared to 1999. Source: LSEG Workspace Retail mania “Retail investors have bought over $100bn of US equities over the last month on QDS estimates based on public data* – the largest 1-month buy on record, just The post Dance like its 1997 appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 9, 2025 - 12:05
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In this week’s podcast, we are taking a look at the crushing weight of Australia’s housing market—why affordability is being flattened under rising prices, what’s driving the squeeze, and what comes next for buyers, renters, and investors. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded |
Renew Economy
Thursday, October 9, 2025 - 11:44
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MacroBusiness
Thursday, October 9, 2025 - 11:30
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A national interest policy process is one in which a well-informed government determines its policy settings via a specialist area of the bureaucracy. Next, the draft policy is released, and parliamentarians make well-understood arguments to the public via an intelligent media with its own specialists. Having fortified the polity with knowledge, the government might then The post Gas debate burns national interest alive appeared first on MacroBusiness. |
MacroBusiness
Thursday, October 9, 2025 - 11:00
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A new report from Oxfam claims that the capital gains tax (CGT) discount and negative gearing are “disproportionately” benefiting Australia’s wealthiest, fuelling the housing affordability crisis and inequality, and harming the federal budget. Accordingly, Oxfam has called on the government to “properly tax wealth and restore a progressive tax system that works for working people”. |
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MacroBusiness
Thursday, October 9, 2025 - 10:30
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It appears that the government-funded jobs printer of the Albo era is slowing faster than the crushed private sector economy of the Albo era can catch up. Public spending has been much more labour-intensive than private spending, given its focus on the bedpan economy. There is mounting evidence that this is resulting in a softening The post More rate cuts coming as jobs market breaks down appeared first on MacroBusiness. |
MacroBusiness
Thursday, October 9, 2025 - 10:00
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This week’s consumer sentiment survey from Westpac revealed that Australian house price expectations are at their highest level in 15 years, following a 2.1% rise in October. Westpac also noted that “expectations are stronger still in Queensland (184)”. Queensland’s housing market has boomed following the pandemic to become the nation’s second most expensive jurisdiction after The post Brisbane house prices bubble-up appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 9, 2025 - 09:30
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In last week’s monetary policy decision, the Reserve Bank of Australia (RBA) decided to keep the official cash rate on hold, citing resurgent inflation risks. The RBA’s statement noted that “the decline in underlying inflation has slowed”, with “recent data, while partial and volatile, suggest[ing] that inflation in the September quarter may be higher than The post Bad news for Aussie inflation appeared first on MacroBusiness. |
Renewables overtake coal in global generation for first time thanks to “spectacular” growth in solar |
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Renew Economy
Thursday, October 9, 2025 - 09:18
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The Tally Room
Thursday, October 9, 2025 - 09:15
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The Australian Electoral Commission yesterday published the official statistics that will be used for federal redistributions in South Australia, Tasmania and the ACT. This gives us a bit more insight into what is likely to happen in those redistributions. |
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MacroBusiness
Thursday, October 9, 2025 - 09:00
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The ferrous complex remains paralysed by too much versus too much hope. Some Morgan Stanley charts illustrate the point. Steel is weak globally and abundant in China still. We are about to witness the weakest New Year restock in history, just as Chinese steel exports top out on trade wars. Iron ore is everywhere! The The post How fast will the Pilbara be killed? appeared first on MacroBusiness. |
Renew Economy
Thursday, October 9, 2025 - 08:00
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Renew Economy
Thursday, October 9, 2025 - 07:52
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MacroBusiness
Thursday, October 9, 2025 - 07:16
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What we are seeing in many markets today is exactly what I expected to see when I made my 40 cents AUD call a few years ago. American exceptionalism is alive in the AI bubble but severely crimped by anti-Trumpian capital flows. The Chinese economy is slowly dying, but propped up as it pours money The post Australian dollar topped as iron ore enters end game appeared first on MacroBusiness. |
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Your Democracy
Thursday, October 9, 2025 - 04:28
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Senior officials in Poland and the Baltic states have blasted former German Chancellor Angela Merkel after she claimed they derailed potential EU-Russia talks on Ukraine months before the escalation of the conflict in 2022. |
Your Democracy
Thursday, October 9, 2025 - 04:16
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MacroBusiness
Thursday, October 9, 2025 - 00:05
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Being a renter in Australia is like competing in the Hunger Games. After borders reopened in late 2021, temporary migrants flooded into Australia in record volumes: As a result, rents surged and vacancy rates collapsed: At the end of 2024, Cotality (formerly CoreLogic) reported that the percentage of household income spent on rents hit a The post Renters are the forgotten people appeared first on MacroBusiness. |
Cheeseburger Gothic
Wednesday, October 8, 2025 - 16:59
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Man, I don’t know where I am this week. That holiday on Monday was always going to put the zap on my head, but I think I made it much worse by working through the weekend. Both Jane and I were on deadline, so we just pulled normal workdays on Saturday and Sunday, and then had Monday off, which was nice. Then Tuesday, I caught up with Nick Pringle and his partner, Melissa, who I know from my time in publishing in Sydney. They were having a little break in Brisbane, so they popped out to my part of the world to have a coffee and a couple of toasted sangas. That was nice. |
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MacroBusiness
Wednesday, October 8, 2025 - 16:36
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Queenscliff pier at sunrise AUD/USD EUR/USD USD/JPY GBP/USD Gold….we are now in parabola mode… West Texas Intermediate Brent Australia 200 US S&P 500 UK 100 Japan 225 Videos The post Macro Afternoon: 8 October 2025 appeared first on MacroBusiness. |
Renew Economy
Wednesday, October 8, 2025 - 15:28
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Renew Economy
Wednesday, October 8, 2025 - 15:20
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Renew Economy
Wednesday, October 8, 2025 - 14:53
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Renew Economy
Wednesday, October 8, 2025 - 14:52
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Renew Economy
Wednesday, October 8, 2025 - 14:31
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MacroBusiness
Wednesday, October 8, 2025 - 14:00
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The NSW government has been criticised for blocking Freedom of Information (FOI) requests for access to taxpayer-funded reports on the likely impact of closing down coal-fired power stations on electricity prices. The government has commissioned at least 10 reports, studies, and presentations between June 2024 and July 2025 on the impact of its emissions reduction The post If renewables are cheaper, why the secrecy? appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 8, 2025 - 13:06
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New Zealand’s economy is in a deep hole. As illustrated below by Justin Fabo from Antipodean Macro, real GDP contracted sharply in the June quarter, drastically underperforming the Reserve Bank of New Zealand’s forecast: The number of filled jobs in New Zealand has also contracted sharply: As a result, the Reserve Bank on Wednesday chose The post Reserve Bank panics, cuts rates by 0.5% appeared first on MacroBusiness. |
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Renew Economy
Wednesday, October 8, 2025 - 12:59
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MacroBusiness
Wednesday, October 8, 2025 - 12:00
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One of the often repeated tropes of social media discourse or backyard BBQ political debates is the idea that the election victories that Labor has won in Victoria and federally are indicative of the public holding a high level of support for their leadership. Such an assumption is not a new phenomenon. This perspective has The post Looking at politics all wrong appeared first on MacroBusiness. |













