Blogotariat

As usual, everybody is asking the wrong question. AFR. The Trump administration’s undersecretary for policy, Elbridge Colby, is already leading a review into the AUKUS agreement between Australia, the US and the United Kingdom, and increasingly pushing for firmer commitments about how nuclear submarines would be used. Citing five sources, the Financial Times reported that Colby had asked Australia and

The post Taiwan should defend Taiwan appeared first on MacroBusiness.

When the sun set on 2023, Canada had one of the highest migration rates in the world, welcoming over 1.24 million new migrants over the calendar year, or 3.2% of the population. This left Canada ranked number 11 on the World Bank’s list of nations by population growth for 2023, sandwiched between various nations in

The post Canada schools Australia on immigration and housing appeared first on MacroBusiness.

This economy is not growing at 5% in anybody’s mind except for the CCP’s and its menagerie of grovellers. Property is stuffed. Prices are still falling. Cars are doing better on the cash-for-clunkers. This was true of consumption more broadly, but much of that is over now after the vouchers were pulled. But exports are

The post The Chinese economy is on life support appeared first on MacroBusiness.

I was having breakfast with a mate this morning who had just started watching Foundation on Apple TV, and I warned him that the first series was a bit ordinary but that he should stick with it because it got so much better in the later series.

I don't know how we segued from that to Blade Runner but I think we were talking about unfilmable books. Rob told me something I’d never known. Blade Runner was not a title Ridley Scott came up with because the original Philip K Dick story, Do Androids Dream of Electric Sheep? would’ve been a box office disaster.

Markets are so fun sometimes. Iron ore is in all sorts of trouble, but traders love to push a counter-trend rally. The latest MySteel data is still down as expected. Westpac sums it beautifully. Iron ore has been incredibly stable A good example of why to stay calm has been the relative lack of volatility

The post Iron ore hands bears a gift appeared first on MacroBusiness.

Ukraine will receive its first batch of long-range missiles financed by Germany by the end of July, a top German general has said, acknowledging that Kiev’s battlefield situation is deteriorating.

In an interview with ZDF, Major General Christian Freuding, who oversees the coordination of Berlin’s military support for Kiev, said Germany is “ready to make these weapons systems available.”

On July 6, BRICS member states signed the Joint Declaration of the 17th BRICS Summit, “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”, in Rio de Janeiro.

Decvelopers of a proposed 300 MW solar project with a massive eight-hour "integrated" battery in north west Victoria seek federal environmental approval.

On June 22, 2025, South Korean presidential spokesperson Kang Yu-jung announced that President Lee Jae-myung would not be participating in the NATO summit scheduled for June 24–25 in The Hague. She referred to domestic priorities and the escalating uncertainty in the Middle East as reasons for the decision.  

Why Lee Jae-myung Did Not Attend the NATO Summit

Konstantin Asmolov

Everything old is new again in Australia’s parasitic media. Nothing more so than house prices as we head into another monetary policy easing cycle. The media, which largely relies on real estate revenues to exist, loves to pretend to care. These days, ABC is dedicated entirely to pretence. This small gathering of homeowners and politicians

The post Pretending to care about house prices is new again appeared first on MacroBusiness.

As summer warms Istanbul's waters, the megacity's authorities are having to battle a noxious algal bloom dubbed "sea snot".

If you are curious about the differences in methodology between myself and the usual auction data providers, there is an explanation down the page.   This weeks result brought something of a rare result to the Sydney and Melbourne auction markets. The headline sold to listed clearance rate in Sydney eclipsed that of Melbourne, with

The post Sydney booms ahead as Melbourne falls behind appeared first on MacroBusiness.

How “humour” opens the door to far right politics.

By George Monbiot, published in the Guardian 10th July 2025