Blogotariat

On Monday, Stats NZ released data on filled jobs for August, which recorded a 0.2% monthly rise, in line with expectations. However, as shown below by Justin Fabo from Antipodean Macro, the August data incorporated chunky historical revisions, which suggest a weaker labour market starting point. The earlier reported 0.2% increase in July was revised

The post Reserve Bank to cut 0.75% to save job market appeared first on MacroBusiness.

Contested wind project in Tasmania's central highlands is now up to its fourth EPBC delay after winning a legal challenge and state EPA approval.

The explosion of artificial intelligence has triggered one of the largest capital expenditure booms in history. Trillions of dollars are being poured into building and upgrading data centres, which now sit at the heart of the global economy. Understanding their underlying economics—cost structures, pressure points, and investment implications—is becoming essential for investors and policymakers alike.

Dante Alighieri, in his book Inferno, places those who betray benefactors in the deepest circle of hell. If that is true, the place is likely overpopulated with the managers and executives of nonprofit organizations. 

In the world of traditional metrics of economic activity, there are few indicators that are more important than the volume of freight moving through a nation. Perhaps one of the most notable metrics to quantify these days is the Cass Freight Index, which has been producing data since 1955. The Cass Freight Index – Shipments

The post U.S. freight sector signals recession appeared first on MacroBusiness.

This month, the Albanese government unveiled its 2035 climate targets, which promise to reduce emissions by more than 62% and up to 70% below 2005 levels. The hundreds of billions of dollars worth of investments required to meet Australia’s emissions reduction targets will drive up Australian energy costs and taxes, resulting in further deindustrialisation as

The post Australia’s glaring climate change contradiction appeared first on MacroBusiness.

From the Market Ear: The 4k magnet Gold continues marching higher. We have been pointing out the similarities with the early 2025 break out for weeks…the triangle, the support from the 50 day, positioning etc. The early 2025 set up saw gold rise some 25% before the euphoria calmed down. A similar move this time

The post Gold bulls stampede, upside gets gamma violent appeared first on MacroBusiness.

Newly established energy solutions company wins connection contract for small new solar project in south-west NSW.

In October 2024, Vladimir Zelensky told Donald Trump that Ukraine faced a stark choice: either ironclad security guarantees or a return to nuclear weapons. Nearly a year later, that statement still reverberates through international debates. Moscow has warned that any Ukrainian move toward nuclear arms would cross a “red line,” while in the West it’s seen as a deeply unsettling signal.

Scott Morrison, former PM and architect of Robodebt, got a large ‘secret handshake’ payout when sacked by Tourism Australia. After a 4-year battle the FOIs finally surface for Jommy Tee.

In recent European history, it is difficult to find a more striking example of electoral manipulation than the 2025 parliamentary elections in Moldova. What last year’s presidential race tested in miniature, this campaign deployed on a grand scale: censorship, administrative pressure, selective access to polling stations, and a carefully mobilized diaspora vote. For President Maia Sandu’s administration, control over parliament was not a matter of prestige but of political survival.

Industry and consumer advocates are aghast at Ausgrid's pitch to move into rooftop solar and batteries, but not everyone is against it.

Trump can’t rely on CIA – ex-national security adviserMike Flynn’s idea of a White House intel unit has been backed by a Putin aide, who said the “deep state” is targeting the US leader....

The White House needs its own operations center to provide President Donald Trump with reliable intelligence, operating in parallel to the Pentagon and CIA, according to former US National Security Adviser Michael Flynn.