Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, April 22, 2025 - 10:30 Source

Australia’s universities must rank as the nation’s most poorly run organisations. The number of commencing full-fee-paying international students hit a record high of 215,000 in 2024, roughly triple the number recorded in 2005. The total number of international enrolments also hit a record high of 499,371 in 2024, nearly triple the 178.806 total enrolments recorded

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MacroBusiness Tuesday, April 22, 2025 - 10:00 Source

I am of the school of thought that markets like to fill gaps. When large daily moves transpire, the market tends to reverse and then fill the large moves with smaller moves in the same direction.  It is a little disconcerting when this happens, but the resumption of the trend fills the gaps with more

The post Stocks gap into the gaps appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 22, 2025 - 09:30 Source

DXY is a falling comet aiming for an extinction-level event. But for what? Not AUD! Nor CNY. Gold is the forever currency now. Metals are confused by monetary versus fundamentals clash. Bg miners = big bear. EM yawn. Junk stress. Curve steepener going nuts as Treasury loses control of the long end. Stocks no likee.

The post Australian dollar overruns United States of Turkey appeared first on MacroBusiness.

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The Tally Room Tuesday, April 22, 2025 - 09:30 Source

In yesterday’s blog post I analysed the historical evidence for sophomore surge having an impact in Australian federal elections, dating back to 1998.

“Sophomore surge” refers to the phenomenon of a first-term MP performing relatively better than other candidates for their party, doubly so if they defeated a former MP from another party at the previous election.

I found that the evidence is clear, although the effect is not enormous. Other factors remain more important, but the personal vote can create a skew in the pattern of swings.

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MacroBusiness Tuesday, April 22, 2025 - 09:00 Source

Risk sentiment continued its decline over the Easter weekend with Wall Street snapping back nearly 3% lower overnight as it appears all the puffery around trade deals from the Trump regime is exactly that – hot air! Currency and bond markets are broadcasting fairly clearly now that the global trade and financial system is reeling

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Tuesday, April 22, 2025 - 08:36 Source
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Your Democracy Tuesday, April 22, 2025 - 06:57 Source

In the sweat of thy face shalt thou eat bread, till thou return unto the ground; for out of it wast thou taken: for dust thou art, and unto dust shalt thou return.

 

Prime Minister Anthony Albanese says all Australian government flags will fly at half-mast on Tuesday after the Vatican confirmed Pope Francis has died at the age of 88.

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Your Democracy Tuesday, April 22, 2025 - 06:56 Source

Klaus Schwab has stepped down as chairman of the World Economic Forum (WEF), ending more than five decades at the helm of the organization he founded in 1971.

Known for its annual gathering of business and political leaders in the Swiss mountain resort of Davos, the WEF and its former leader became symbols of globalization.

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Your Democracy Tuesday, April 22, 2025 - 06:32 Source

The Easter ceasefire has come and gone, with Russia and Ukraine trading accusations over thousands of violations as fighting resumes across the front lines – yet another reminder of how difficult it is to bring this war to an end. Amid the renewed hostilities, Donald Trump’s long-promised peace plan is colliding with geopolitical realities.

 

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MacroBusiness Tuesday, April 22, 2025 - 00:10 Source

Australia’s property obsession is slowly strangling the nation’s economy. According to the Australian Bureau of Statistics (ABS), the total value of Australia’s housing stock reached a record high of $11,032.2 billion at the end of 2024, with the average home valued at $976,800. CoreLogic’s latest monthly chart pack valued Australia’s housing stock at $11.3 trillion as

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Club Troppo Monday, April 21, 2025 - 17:38 Source

Most credible researchers believe immigration affects house prices. The questions are: how muchs, and at what cost?

Peter Dutton’s Opposition has promised to cut Australian immigration by a quarter “to tackle the housing crisis“.

Is migration is putting pressure on housing prices? And will a 25 per cent migration cut relieve that pressure?

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Your Democracy Monday, April 21, 2025 - 15:49 Source

https://www.youtube.com/watch?v=R4db5qiPzCM

Ukraine’s Blatant Power Play: 5 Shocking Demands That Could Drag Germany into War! | TN World

 

An explosive open letter from a top Ukrainian diplomat demands Germany’s next chancellor, Friedrich Merz, immediately arm Ukraine with Taurus missiles and billions in aid—risking direct confrontation with Moscow and dragging Berlin deeper into war.

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Your Democracy Monday, April 21, 2025 - 15:20 Source

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Renew Economy Monday, April 21, 2025 - 12:52 Source
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Your Democracy Monday, April 21, 2025 - 12:20 Source

'Hopefully' Russia and Ukraine 'will make a deal this week,' says US President Trump

US President Donald Trump said on Sunday that "hopefully" a deal can be struck "this week" without specifying what that arrangement would entail.

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xkcd.com Monday, April 21, 2025 - 10:00 Source

'Wow, that must be why you swallow so many of them per year!' 'No, that's spiders. You swallow WAY more ants.'

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The Tally Room Monday, April 21, 2025 - 09:30 Source

I have referenced the concept of “personal vote” and “sophomore surge” quite a few times during this campaign, and in the past, but I thought it would be useful to actually collect data and analyse how much of an effect we can detect from the swings data.

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John Quiggin Monday, April 21, 2025 - 09:27 Source

Having finished off the Easter eggs (or bunnies/bilbies) and Hot Cross Buns (though these are a year-round thing now), I ought to be turning attention back to what’s happening in the world. But that’s too depressing to look at, a view our aspiring leaders have endorsed by resolutely ignoring anything more geopolitical than the price of petrol.

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John Quiggin Monday, April 21, 2025 - 09:26 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

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Renew Economy Monday, April 21, 2025 - 08:45 Source
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Renew Economy Monday, April 21, 2025 - 08:16 Source
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Your Democracy Monday, April 21, 2025 - 07:38 Source

Anthony Albanese has claimed victory in Australia’s “Vegemite-gate” trade stoush with Canada, which has relented and allowed a Toronto-based cafe owner to sell the spread after initially ruling it did not comply with local food laws.

Speaking at a press conference in Sydney on Saturday morning, holding up a jar of Vegemite, the prime minister declared he had achieved a “win for Australian industry” after his government’s discussions with the Canadian government.

 

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MacroBusiness Monday, April 21, 2025 - 00:10 Source

The Reserve Bank of Australia (RBA) is famously bad at forecasting Australian wage growth. For the past 15 years, the RBA’s Statement of Monetary Policy (SoMP) has routinely forecast stronger wage growth than has occurred. The RBA continues to make the same mistakes, with Australian wage growth falling more than projected despite the nation’s low

The post RBA’s labour market model needs overhaul appeared first on MacroBusiness.

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Club Troppo Sunday, April 20, 2025 - 21:39 Source

Many people think that if Medicare works for getting sick, it must also work for dental and anxiety and ADHD and various other types of problems.That isn’t necessarily the case.One big problem for any sort of health intervention is the interested carer. They have an incentive to suggest you need treatment.In the case of classic sickness, overtreatment has been restrained through various mechanisms.

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Your Democracy Sunday, April 20, 2025 - 20:24 Source

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THE BLOT REPORT Sunday, April 20, 2025 - 20:19 Source
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MacroBusiness Sunday, April 20, 2025 - 09:40 Source

What a difference an election makes! DXY is in free fall. EUR surging. AUD follows EUR and is threatening a 2025 breakout. Concrete boots are stable. Gold is in heaven. Nobody needs an oil rally. Metals ex-copper are signaling much weaker growth. Big miner’s big bear is intact. EM meh. Junk skunk. Yields have at

The post Australian dollar headed for heaven? appeared first on MacroBusiness.

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Your Democracy Sunday, April 20, 2025 - 09:04 Source

If you think the Russian army's numerous battlefield victories are a clear sign that the war is nearing its end, you are sorely mistaken. As I said earlier, the closer Russia gets to victory in this conflict, the more dangerous Ukraine and its Western backers become.

 

Russia deploys world's most powerful and fastest 'annihilation system'

by Borzzikman

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Your Democracy Sunday, April 20, 2025 - 07:36 Source

More journalists have been killed in Israel’s genocide in Gaza than in the past seven major U.S.-involved wars combined, marking the “worst ever conflict” for reporters in history, a new report says.

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Your Democracy Sunday, April 20, 2025 - 07:30 Source

The unplumbed depths of Peter Dutton cynical politics should be a matter of deep concern to genuine political conservatives across Australia. Whoever those people are (at present they appear to be in hiding), its time they distanced themselves from what the Liberal Party is becoming under Duttons leadership.

 

Allan Patience

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