Blogotariat

Oz Blog News Commentary
Your Democracy Thursday, May 1, 2025 - 15:52 Source

  

A Liberal Party campaign truck has crashed into an early voting centre in western Sydney, causing significant damage and forcing voting at the centre to be delayed for several days.

The truck was wrapped in campaign material advertising Liberal candidate for Greenway Rattan Virk when it smashed into a portico at Quakers Hill Community Centre yesterday.

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Your Democracy Thursday, May 1, 2025 - 14:39 Source

The UK has begun to support the US in attacking Yemen’s Houthi militia. The British Ministry of Defense said on Wednesday its forces had conducted joint airstrikes against what it claimed was a Houthi-controlled military facility.

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Renew Economy Thursday, May 1, 2025 - 14:31 Source
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Renew Economy Thursday, May 1, 2025 - 14:27 Source
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Renew Economy Thursday, May 1, 2025 - 14:26 Source
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Your Democracy Thursday, May 1, 2025 - 14:13 Source

I cannot compete with chosen mediocrity

Mutters my friend who has not entered the prizes

Where for the first time in human history

The director and the curator being shemales

More women than men have been represented

Proudly chosen as the website emphasises

(The commentary may be conjuring lesbian trails)

For the best and worst portraits in the gallery

And for the best meaningless landscapes 

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Renew Economy Thursday, May 1, 2025 - 13:48 Source
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Renew Economy Thursday, May 1, 2025 - 13:02 Source

Victorian energy minister Lily D'Ambrosio

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MacroBusiness Thursday, May 1, 2025 - 13:00 Source

Commerzebank with the note. Manufacturing PMIs showed initial damage The official manufacturing PMI fell to contraction territory at 49.0 in April from 50.5 in March, the lowest since December 2023 (Chart 1). The decline was due to a drop in production and new orders which both fell into contraction territory. In particular, new export orders

The post Tariff shock begins in China appeared first on MacroBusiness.

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MacroBusiness Thursday, May 1, 2025 - 12:30 Source

Professor Peter McDonald is Australia’s leading flip-flopper on immigration (for example, see here, here and here). In 1999, Peter McDonald co-authored a parliamentary research paper, which concluded that it is “demographic nonsense to believe that immigration can help to keep our population young”, claimed that “levels of annual net migration above 80,000 become increasingly ineffective

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MacroBusiness Thursday, May 1, 2025 - 12:05 Source

Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, and Chief Economist Leith van Onselen as they examine the economic impacts of Dutton vs Albanese vs a hung parliament. Do you need to position your portfolio ahead of the election? Can’t make it to the live series? Catch up on the

The post MB Fund Podcast: Election-Proofing Your Investment Portfolio appeared first on MacroBusiness.

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MacroBusiness Thursday, May 1, 2025 - 12:00 Source

Ferrous complex no bueno. Strangely, the indicators are going the other way, with the steel PMI firming. And other marginal indicators like steel order books doing OK too. Goldman. Commentary on 2025 sales stabilization is becoming more prevalent, albeit divergent across players: (i)A key pillar of the steel structure sector order growth turning positive in

The post Iron ore no beuno appeared first on MacroBusiness.

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Renew Economy Thursday, May 1, 2025 - 11:53 Source
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MacroBusiness Thursday, May 1, 2025 - 11:30 Source

Billionaire Meriton founder ‘Highrise’ Harry Triguboff is the master of manipulation. For decades, Triguboff has persuaded politicians to implement policies favourable to his financial interests, including mass immigration. The interview below from 2006 illustrates this point, with Triguboff arguing that Sydney’s population needed to reach 20 million by 2050, with Australia’s population at 150 million.

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The Tally Room Thursday, May 1, 2025 - 11:09 Source

Primary votes for major parties have hit a record low, and they may break that record this weekend. There are also more crossbenchers in the House of Representatives than ever before, with numerous other credible candidates threatening to produce an even larger crossbench in the new parliament. Certainly there is a lot of talk about a hung parliament.

But it would be wrong to assume that we have seen the last majority government, or that multi-party majorities in the House will be our universal experience.

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MacroBusiness Thursday, May 1, 2025 - 11:00 Source

According to CoreLogic’s April home value index, Melbourne is the nation’s cheapest major capital city property market. Melbourne’s median dwelling value was $786,158 at the end of April 2025, $119,605 (13% lower) than the national capital city median. The improved affordability of Melbourne’s housing market comes after five years of relative stagnation. As seen in

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Your Democracy Thursday, May 1, 2025 - 10:58 Source

Media freedom is deteriorating in a number of EU countries, according to a recent report by the Civil Liberties Union for Europe (Liberties). The group has claimed that pluralism and freedom of speech are “under attack” as media companies become increasingly controlled by governments and wealthy owners.

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MacroBusiness Thursday, May 1, 2025 - 10:30 Source

The Market Ear on the rally. Not too bad The 6 day SPX streak has actually been rather impressive. As John Flood writes: “Since 1970, S&P 500 up 6 days in a row with returns of over 7% has only happened 12 times. Post yesterday’s close we locked in # 13. We are due for a

The post Rallying on fumes appeared first on MacroBusiness.

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MacroBusiness Thursday, May 1, 2025 - 10:00 Source

The latest State of the Land Report 2025 from the Urban Development Institute of Australia (UDIA) forecasts that the nation’s housing crisis will worsen as demand from population growth (immigration) continues to outrun housing construction: UDIA’s long-run analysis of national population and dwelling growth highlights a serious divergence in new dwelling supply not keeping pace

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MacroBusiness Thursday, May 1, 2025 - 09:30 Source

The US share markets were mixed on Wednesday after data showed the US economy contracted in the March quarter for the first time in three years. The decrease underscored concerns about the impact of US tariffs and the global trade war on growth. The Dow Jones index rose by 142 points, or 0.4%, and the

The post Australian dollar bunkers down appeared first on MacroBusiness.

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Renew Economy Thursday, May 1, 2025 - 09:24 Source
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Renew Economy Thursday, May 1, 2025 - 09:19 Source
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MacroBusiness Thursday, May 1, 2025 - 09:00 Source

The latest US GDP print for Q1 came in worse than expected, sending Wall Street down 2% at one stage before the hopium set in as markets recovered towards the close on reports of a possible Canadian deal with the new PM. The USD was mixed against the majors with some return to strength against

The post Macro Morning appeared first on MacroBusiness.

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THE BLOT REPORT Thursday, May 1, 2025 - 08:48 Source

When I first heard that there was to be a shadow cabinet reshuffle from the leader of the Liberal Party, Peter Dutton, I was not particularly interested given that most of the shadow cabinet are inept or corrupt. However, when I heard that Gina Rinehart had said on January 22, 2025, that “if we are sensible, we should set up a DOGE [Department of Government Efficiency] immediately, reduce government waste, government [red] tape and regulations, I was unsurprised, being as she is a big Trump supporter, and even travelled to the US to kiss his ring at his inauguration1.

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Renew Economy Thursday, May 1, 2025 - 08:43 Source
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Your Democracy Thursday, May 1, 2025 - 08:26 Source

New polling demonstrates that most voters see President Donald Trump as a dangerous politician and view his leadership style as dictatorial.

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MacroBusiness Thursday, May 1, 2025 - 08:00 Source

The Australian Bureau of Statistics (ABS) Q1 CPI release revealed that housing inflation is slowing rapidly, contributing to lower trimmed mean inflation. CPI rental inflation rose by 1.2% in Q1 but moderated to 5.5% growth annually. The annual rate of growth was down from the peak of 7.8% in Q1 2024. The following chart from

The post Housing a welcome drag on inflation appeared first on MacroBusiness.

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Your Democracy Thursday, May 1, 2025 - 07:40 Source

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Your Democracy Thursday, May 1, 2025 - 07:31 Source

The mainstream Western media and global, alternative media outlets have been delivering a remarkable converging stream of blistering commentary since 2 April on what is now widely called, even by The Economist, Trump’s tariff tantrum.

 

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Your Democracy Thursday, May 1, 2025 - 05:55 Source

The Irish-language hip hop trio Kneecap is being investigated by British counterterrorism police following a controversial appearance where the group performed in front of the words “FUCK ISRAEL, FREE PALESTINE” during a music festival in the United States.

 

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