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Renew Economy Wednesday, April 30, 2025 - 07:29 Source
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MacroBusiness Wednesday, April 30, 2025 - 07:28 Source

CoreLogic’s daily dwelling values index, which tracks value growth across the five major capital cities, recorded stalling momentum in April. Across the five major capitals, values rose by only 0.2% over the month, down from 0.4% growth in March. As illustrated below, the slowing in growth was broad-based, led by Sydney, Melbourne, and Adelaide, whereas

The post House prices fade as Aussies wait on RBA appeared first on MacroBusiness.

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Renew Economy Wednesday, April 30, 2025 - 07:25 Source
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The Tally Room Wednesday, April 30, 2025 - 07:00 Source

Ben is joined by Peter Brent and the ABC’s Tom Crowley for the final pre-election episode of the 2025 federal election campaign. We discuss how a hung parliament might play out and the experience of riding Peter Dutton’s campaign bus. For our seat of the week we discuss the NSW seat of Werriwa.

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MacroBusiness Wednesday, April 30, 2025 - 00:05 Source

CoreLogic has released the following snapshot of housing affordability across Australia, broken down by four metrics. As illustrated above, affordability to purchase or rent nationally was tracking at its worst level in history at the end of 2024. Specifically: The national dwelling value-to-income ratio was an equal record high of 8.0 as of 31 December

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Renew Economy Tuesday, April 29, 2025 - 20:03 Source
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Renew Economy Tuesday, April 29, 2025 - 19:51 Source
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WixxyLeaks Tuesday, April 29, 2025 - 17:37 Source

How I’ll be voting this election and why.

It’s not often that we get the chance to directly influence the manner in which the Australian Government deals with a continuing genocide.

With that, I thought I’d give you a rundown on what will guide my vote, and how I’ll be voting in the Senate.

To start with, let’s look at the major parties, and their current positions on the genocide.

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Your Democracy Tuesday, April 29, 2025 - 16:52 Source

All of Kellogg’s underlying assumptions lacked any basis in reality. Yet Trump seemingly took them on trust.

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MacroBusiness Tuesday, April 29, 2025 - 16:30 Source

Risk markets are trying to digest quite a bit of macro news today with the Canadian election resulting in a Liberal victory, while a small reprieve in auto tariffs by the Trump regime looks possible amid the UK/EU announcing what could be a reversal in post Brexit trade barriers. The USD is back on the

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, April 29, 2025 - 15:23 Source

Nationals senators Bridget McKenzie Matt Canavan

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Renew Economy Tuesday, April 29, 2025 - 15:16 Source
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Renew Economy Tuesday, April 29, 2025 - 15:16 Source
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Renew Economy Tuesday, April 29, 2025 - 14:45 Source
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Renew Economy Tuesday, April 29, 2025 - 14:36 Source
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Renew Economy Tuesday, April 29, 2025 - 13:35 Source
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MacroBusiness Tuesday, April 29, 2025 - 13:30 Source

CBC. Prime Minister Mark Carney’s Liberal Party is predicted to have won Canada’s federal election, according to local media. The Canadian Broadcasting Corporation (CBC), the national public broadcaster, said the Liberals will win more of parliament’s 343 seats than the Conservatives. A record number of Canadians voted in this election, which also became a referendum

The post Trump wins elections for globalists appeared first on MacroBusiness.

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Cheeseburger Gothic Tuesday, April 29, 2025 - 13:13 Source

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MacroBusiness Tuesday, April 29, 2025 - 13:00 Source

Before it turned full-blown woke, The Australia Insititute (TAI) used to talk sense on immigration. In 2015, TAI published an excellent research paper calling for a national debate on Australia’s future population: Since the Sydney Olympics in the year 2000 the population of Australia has grown by 25 per cent. In fact, since the Sydney

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Renew Economy Tuesday, April 29, 2025 - 12:56 Source
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Renew Economy Tuesday, April 29, 2025 - 12:52 Source
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MacroBusiness Tuesday, April 29, 2025 - 12:30 Source

Liberal leader Peter Dutton was questioned about his plans to cut the permanent migrant intake from 185,000 in 2024-25 to 140,000 in 2025-26. Dutton suggested that cuts to migrant worker numbers could be partly offset by permitting pensioners to work more hours without reducing their pension. “That will replace some of the international labour that

The post Use pensioners, not migrants, to plug labour shortages appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 29, 2025 - 12:00 Source

The ferrous complex is still struggling. Reports from the ground in China are dour. Goldman. Over the past week, we met with onshore clients in Beijing and Shanghai, including mutual funds, private equity firms, and asset managers from banks, brokers and insurance companies. Compared to two months ago(late February), local investors are more concerned about

The post Iron ore into the tariff shock appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 29, 2025 - 11:30 Source

Australia’s residential property market vacancy rates are still near a record low of only 1%. The Australian Greens announced that abolishing negative gearing and the capital gains tax (CGT) discount would be a priority in a minority government. The Greens’ policy is as follows. Grandfather negative gearing and the 50% CGT discount to one investment

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MacroBusiness Tuesday, April 29, 2025 - 11:00 Source

China is easily the world’s largest carbon emitter, comprising 31.5% of global emissions in 2023, according to Our World In Data. China’s insatiable coal consumption has largely driven its near exponential rise in emissions. China is the world’s largest coal producer, importer, and user, accounting for around 30% more coal consumption than the rest of

The post China doubles-down on coal use appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 29, 2025 - 10:30 Source

DXY is hanging on…just. AUD looks poised for higher. Lead boots are holding. Gold and oil take a breather. Metals stall. Big miners=big bear. EM yawn. Junk unconvincing, either way. Treasuries are bid again. Stocks stalled. There is a lot of tariff pain imminent, both in the US and China. I am still of the

The post Australian dollar dummy of a child president appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 29, 2025 - 10:00 Source

All opinion polls are pointing to an easy Labor victory at this weekend’s federal election. Sadly, a Labor victory will jettison the single best policy proposal of the campaign: the reservation of East Coast gas for domestic use. The Coalition’s policy promised to quarantine uncontracted gas sold on the spot market for domestic consumption. The

The post Gas reservation will be the election’s biggest loss appeared first on MacroBusiness.

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Your Democracy Tuesday, April 29, 2025 - 09:43 Source

GREAT CARTOON FROM CATHY WILCOX — SMH 29/04/2025.....

 

Hairdresser Renee Johnson hears a lot in her Muswellbrook hair and beauty salon. 

But one thing she has not heard, in the two weeks since the federal election campaign kicked off, is anything from either major party that would cement her vote. 

She is still undecided.

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MacroBusiness Tuesday, April 29, 2025 - 09:30 Source

The Market Ear on abandoned stocks. Climbing the wall of worry S&P 500 up 14% since April’s 7th intraday low – now trading back above 20x PE. Mag-7’s best week in 3 years (+9.4%) . US HF net leverage has bumped a lot from absolute lows (now sits at 49% vs a recent low <40%),

The post Stocks abandoned appeared first on MacroBusiness.

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The Tally Room Tuesday, April 29, 2025 - 09:30 Source

This blog post is an update to two blog posts I wrote in 2022, looking at the rate of counting progress on election night and how the primary vote for Labor, the Coalition and the Greens shifts over the course of the night.

First up, this chart shows the proportion of the total votes cast that were counted (as House primary votes) at each minute of election night, for the eight states and territories.

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