Blogotariat

Despite an emerging La Nina bringing cooler conditions to the tropical Pacific, last month has been deemed the warmest January on record.

Korean industrial giant unveils plans for a big solar and two ba

Statistics New Zealand released the Q4 Labour Force Survey this week, revealing that employment fell over the quarter and the unemployment rate hit a 4-year high of 5.1%. New Zealand employment fell 0.1% in Q4, the second consecutive quarterly decline, to be 1.1% lower than a year ago. Overall, the New Zealand economy shed a

The post Reserve Bank must cut in February appeared first on MacroBusiness.

Chalk up another win for El Trumpo. President Trump is preparing to issue an executive order Wednesday effectively banning transgender girls and women from participating in female sports events in schools and colleges, fulfilling a promise that fuelled his campaign for the White House. I love a good man/woman. There’s a dude/sheila at my local Bunnings with a mighty

The post Ban men/women from women’s sport appeared first on MacroBusiness.

Charlie McElligott at Nomura today on the resilience of stocks. Trump doing the dance on Tariffs (exploiting oscillating periods of market calm to inject volatility—and vice versa—which will continue into each month’s escalations), but the statement of intent is there: Structurally, he has a desire to rebalance global trade with the U.S.,reverse / reduce the

The post Stocks survive everything appeared first on MacroBusiness.

Goldman with the note. After signing orders imposing new tariffs on Canada, Mexico, and China, President Trump delayed the Canada and Mexico tariffs until March 4. We think a further extension is likely, but the tariff risk for both countries is likely to remain until at least the conclusion of the USMCA review slated for

The post What next for tariffs? appeared first on MacroBusiness.

Australia is poised for virtual power plants that connect households and slash bills but an expert warns nuclear reactors could force users off rooftop solar.

Victoria has the nation’s highest per capita net debt and the lowest credit rating. Victoria’s net debt is also projected to increase over the forward estimates. The growth in Victoria’s net debt is forecast to dramatically increase the amount of taxpayer money spent on interest payments. A new analysis from leading global ratings agency S&P,

The post Victorians pay the price for soaring state debt appeared first on MacroBusiness.

On Wednesday, The Guardian’s Josh Nicholas penned an article claiming that Australians “hold inaccurate and occasionally contradictory attitudes” on immigration. The article is based on a new survey by the pro-immigration Australian National University (ANU), which showed that 53% of those surveyed believe that immigration levels are “too high”. The result aligns with other recent

New Zealand is experiencing a significant outflow of citizens, as illustrated by the following chart from Justin Fabo from Antipodean Macro. There was a net migration loss of 48,000 New Zealand citizens in the year to November 2024. This outflow of citizens has driven net overseas migration to below-average levels. Economists have warned that New

The post Why Kiwis are fleeing to Australia appeared first on MacroBusiness.

Risk markets are starting to diverge in fortuned once more as Wall Street and European shares continue their bounceback while commodities remain in flux due to the Chinese tariffs. Meanwhile the USD is weakening again as there is growing speculation the Fed may have more easing in its cycle as King Dollar struggles against Yen

The post Macro Morning appeared first on MacroBusiness.

Italian and Japanese joint venture snaps up a portfolio of wind, solar and battery assets put on the block by Australian super funds and investors.

The Australian Bureau of Statistics (ABS) shows that as of Q3 2024, real wages had fallen 6.7% from the June 2020 peak. The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy forecasts that real wages would still be 6.0% below the peak by the end of 2026, as illustrated below. On Tuesday, the

The post Proof Australian workers are going backwards appeared first on MacroBusiness.