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Renew Economy Monday, September 8, 2025 - 11:15 Source
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MacroBusiness Monday, September 8, 2025 - 11:00 Source

The Market Ear on bulls versus bears. It’s like déjà vu all over again “The current set-up is very similar to where things stood a month ago.  Recent stock market dip and recovery back to ATHs? Check. US equity positioning above average, but declining slightly? Check. HF gross leverage near highs? Check. Momentum performance choppy, but still near highs?

The post Long all the things! appeared first on MacroBusiness.

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MacroBusiness Monday, September 8, 2025 - 10:30 Source

The Price is right. The federal opposition is in damage control following firebrand senator Jacinta Nampijinpa Price’s claims the government is accepting “large numbers” of Indian migrants into Australia to bolster Labor’s vote. Polling strongly suggests that Jacinda Price is right (especially now she has said it!). Indian migrants voted strongly for Labor at the

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Your Democracy Monday, September 8, 2025 - 10:09 Source

One time in Thailand, however many years ago, I was listening to a young lady complain about Chinese people. I had some sympathy to her complaints, as Chinese tourists can be overbearing. On the whole, they spend so much money, it is hardly fair to complain. And the thing about this is: China developed so rapidly that the average 30 year old has parents who grew up in a rice field.

 

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MacroBusiness Monday, September 8, 2025 - 10:00 Source

Last month, the Reserve Bank of Australia (RBA) lowered the official cash rate (OCR) by 0.25% to 3.60%. This marked the third 75 bp rate cut this year. Most economists and financial markets have tipped the RBA to deliver another two 25 bp rate cuts by mid-2026. The associated decline in mortgage rates has improved housing

The post Rate cuts offer false dawn for housing affordability appeared first on MacroBusiness.

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xkcd.com Monday, September 8, 2025 - 10:00 Source

The draw-by-repetition rule does a good job of keeping players from sliding a tile back and forth repeatedly, but the tiles definitely introduce some weird en passant and castling edge cases.

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MacroBusiness Monday, September 8, 2025 - 09:30 Source

This is good from The Australian. …Manufacturing Australia, which counts BlueScope, Tomago Aluminium and CSR as members, told the government review that east coast-based manufacturers pay between $12 and $19 per gigajoule for gas compared with the US, where prices are $5 to $7/GJ in comparison. …The group said Australia must target a delivered gas

The post Willox sells his members to the gas cartel appeared first on MacroBusiness.

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MacroBusiness Monday, September 8, 2025 - 09:00 Source

No surprise or upward Sharpie revision on Friday night as the actual US jobs print came out and was bad all over, with prior results also revised down, giving a clear run to a September rate cut by the Fed and possibly two more by the end of the year. Wall Street held steady as

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Monday, September 8, 2025 - 08:00 Source

Being a renter in Australia has turned into the Hunger Games. The record surge in migration post-COVID has added extraordinary rental demand, illustrated neatly below by Justin Fabo at Antipodean Macro. As a result, capital city asking rents soared as more people competed for housing. At the end of 2024, Cotality (formerly CoreLogic) estimated that

The post Being a renter in Australia is like the Hunger Games appeared first on MacroBusiness.

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John Quiggin Monday, September 8, 2025 - 06:52 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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Your Democracy Monday, September 8, 2025 - 05:55 Source

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Your Democracy Monday, September 8, 2025 - 04:44 Source

“Someone” could blow up Russia’s planned gas pipeline to China to derail the energy cooperation between the two countries, conservative Fox News host Jesse Watters has suggested.

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Your Democracy Monday, September 8, 2025 - 04:44 Source

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MacroBusiness Monday, September 8, 2025 - 00:05 Source

Last week, the Australian Bureau of Statistics (ABS) issued the national accounts for Q2 2025, revealing stronger-than-expected growth. Analysts predicted a 0.4% increase in headline GDP, while the RBA expected 0.5% growth. However, a 0.6% increase was observed, driven by household spending. Household spending per capita increased by 0.5% in the second quarter, the highest

Read more Views: 503
MacroBusiness Sunday, September 7, 2025 - 15:52 Source

By Lucinda Jerogin, Associate Economist at CBA Australian GDP growth surprised to the upside, rising by 0.6%/qtr in Q2 25 to be 1.8% higher annually. The current account deficit narrowed to $13.7bn in Q2 25. The July MHSI reinforced our view that the consumer recovery is picking up steam, rising by 0.5%/mth to be 5.1%

The post The economic week ahead appeared first on MacroBusiness.

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Renew Economy Sunday, September 7, 2025 - 15:31 Source
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MacroBusiness Sunday, September 7, 2025 - 11:00 Source

By Vlad Lasky 20,000 Australians marched in Sydney last Sunday. I was one of them. The media got it wrong. When the mainstream media misrepresents something that happens in our country, I consider it the duty of any eyewitnesses to set the record straight. I attended the March for Australia rally in Sydney on Sunday,

The post The media deliberately misreported the March for Australia appeared first on MacroBusiness.

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Renew Economy Sunday, September 7, 2025 - 10:36 Source
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MacroBusiness Sunday, September 7, 2025 - 10:13 Source

Australia’s housing market continues to heat up. August’s national monthly average final auction clearance rate lifted to 69%, which was the strongest result since February 2024. This weekend’s preliminary auction results from Cotality continued the run of strong results, with 75.0% of auctions selling nationally based on early figures. This marked the fourth straight week

The post Panic buyers drive housing market upswing appeared first on MacroBusiness.

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Your Democracy Sunday, September 7, 2025 - 09:11 Source

Ukrainian President Volodymyr Zelenskyy dismissed Vladimir Putin’s invitation for peace talks in Moscow Friday, countering that the Russian president should travel to Kyiv if he wants to meet.

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Your Democracy Sunday, September 7, 2025 - 05:55 Source

 

There is only one treaty in the world that, despite its limitations, binds nations together: the United Nations Charter. Representatives of fifty nations wrote and ratified the UN Charter in 1945, with others joining in the years that followed. The charter itself only sets the terms for the behaviour of nations. It does not and cannot create a new world. It depends on individual nations to either live by the charter or die without it.

 

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Your Democracy Sunday, September 7, 2025 - 05:44 Source

VLADIVOSTOK, Russia (Sputnik) - The volume of gold added to Russia's reserves in the first half of 2025 was 450 tonnes, compared to 313 tonnes for the same period last year, representing a growth rate of 43.8%, Russian Natural Resources Minister Alexander Kozlov tells Sputnik.

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Your Democracy Sunday, September 7, 2025 - 05:22 Source

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Your Democracy Sunday, September 7, 2025 - 04:44 Source

Activist Greta Thunberg on Wednesday expressed her contempt for the international community for its continued inaction on ending the mass suffering being inflicted on Gaza by the Israeli government.

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Core Econ Saturday, September 6, 2025 - 22:28 Source

Concrete surface polishing has become one of the most effective ways to improve both the appearance and performance of floors. It’s not just about creating a shiny surface — it’s about giving concrete a smooth and durable finish that can last for years. Whether used in homes, offices, or commercial spaces, polished concrete offers a clean and professional look that’s easy to maintain and built to last.

Understanding Concrete Surface Polishing

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Renew Economy Saturday, September 6, 2025 - 11:41 Source
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MacroBusiness Saturday, September 6, 2025 - 10:00 Source

By Stephen Saunders The March for Australia demonstrates the necessity of pushing back the “you’re a racist” slur habitually deployed by the all-powerful minority—our mega-migration lobby.  It was like Goliath encountering a David with no slingshot. Yet the governing Big Australia minority went ballistic over the March for Australia (MfA). From 2021-22, the border reopening

Read more Views: 521
Your Democracy Saturday, September 6, 2025 - 09:18 Source

Pope Leo XIV discussed the “tragic situation in Gaza” and urged a “permanent ceasefire” in the Palestinian territory during a private audience with Israeli President Isaac Herzog on Thursday, the Vatican said in a press release.

 

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Your Democracy Saturday, September 6, 2025 - 09:02 Source

Donald Trump signed an executive order on Friday to rebrand the Department of Defense as the Department of War, a callback to the department’s original name used from 1789 to 1947.

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Your Democracy Saturday, September 6, 2025 - 08:13 Source

MOSCOW (Sputnik) - European army chiefs have drawn up a plan to potentially deploy more than 10,000 troops to Ukraine, with some US generals providing their input, the Wall Street Journal newspaper reported on Friday, citing a European diplomat.

On Thursday, the Washington Post reported that Europe's vision of security guarantees for Ukraine involves stationing troops away from the front lines for demonstration and training purposes.

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