Blogotariat

A bit of Fedspeak overnight was overshadowed by the Clown Show in the White House overnight as markets remain somewhat hesitant as the April 2 deadline for Trump’s Tariff Tirade beckons. European shares were able to rebound firmly while Wall Street gave up some late gains to finish slightly higher. The USD pulled back ever

The post Macro Morning appeared first on MacroBusiness.

The Albanese government’s first budget, released in October 2022, forecasts net overseas migration of 470,000 over its first two financial years (2022-23 and 2023-24). They delivered more than double this number, with 1,060,000 net migrants arriving over nine quarters to Q3 2024. The May 2024 federal budget forecast net overseas migration of 260,000 for this

The post Population forecasts exacerbate housing crisis appeared first on MacroBusiness.

Humans, AI and robots will compete for the same energy resources and now is the time to rethink energy allocation itself. We need a tiered system to protect the humans.

Roy Morgan Research has released polling, taken before Tuesday’s federal budget, showing that Labor (53%) has gained a strong lead over the Coalition (47%) on a two-party preferred basis. “If a Federal Election were held now, the ALP would be returned to Government with an increased majority with the ALP”, Roy Morgan reported. Roy Morgan’s

The post Betting markets abandon Peter Dutton appeared first on MacroBusiness.

Labor handed down the ultimate pre-election pork-barreling budget, promising workers two more rounds of tax cuts and increasing expenditure in what will be the largest budget deficit since the pandemic. Major announcements included: a $17.1 billion package of income tax cuts (over five years); an $8.4 billion boost to Medicare; a $1.8 billion extension of

The post Labor’s budget rolls out the pre-election pork appeared first on MacroBusiness.

Regulator finds industry group breached Greenwashing Code with claims electric cooktops are more expensive and more emissions intensive than cooking with gas.

New research cuts through the noise to find what is really driving up electricity costs over the longer term, and how governments and consumers can turn the trend around.

Energy demand rebounded in 2024, led by renewable energy generation, but that wasn't enough to halt emissions, the IEA says.

The Zionist state is incurring significant violence on the innocent civilians of Gaza. Zionist Prime Minister Benjamin Netanyahu has ended the ceasefire to perpetuate his political ceasefire.

Recall that the 2023-24 Victorian Budget expected the federal government to provide “a matching contribution” to the first stage of its Suburban Rail Loop (SRL) project. However, the federal government has so far only committed to funding $2.2 billion, leaving a potential funding hole from the federal government of $9.3 billion. The $11.5 billion expected

The post Broke Victoria sweats on federal budget funding appeared first on MacroBusiness.

There is no limit to the insanity the federal government will go to to pump the property ponzi. Last week, the Albanese government announced that it will offer $3,000 interest-free loans to households to help them buy essentials. Over the weekend, Prime Minister Anthony Albanese announced that Labor would expand ‘Help to Buy’ to encourage

The post Labor leverages taxpayers into housing bubble appeared first on MacroBusiness.