Blogotariat

How organised misinformation campaigns are distorting Australia’s clean energy debate, and why confronting them is crucial to keeping the transition on track.

Australia’s total land value has soared past $10 trillion, according to new ABS data — yet ordinary workers continue to shoulder most of the nation’s tax load. Prosper Australia says the figures highlight the need to rebalance the tax system so that unearned gains from land and natural resources contribute their fair share. “Australia’s land […]

The post Australia’s land wealth passes $10 trillion as tax burden stays on workers first appeared on Prosper Australia.

The following chart from Justin Fabo from Antipodean Macro illustrates that, in real inflation-adjusted terms, New Zealand dwelling values have crashed back to 2019 pre-pandemic levels: At the same time, the Reserve Bank of New Zealand has slashed the official cash rate by 3.0% to 2.5%, which has driven mortgage rates sharply lower. As a

The post New Zealand shows the way on housing affordability appeared first on MacroBusiness.

The Market Ear has the rub. Just got too extreme We have been pointing out the case for a gold correction recently, here and here. Things simply got way too extreme. One of those measures is just how dislocated gold got vs 200 day moving average. Things have calmed down some over the past days, but the dislocation

The post Gold crash further to go appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) last week released the annual national accounts for the 2024-25 financial year, which are summarised below. While the aggregate Australian economy grew by 1.4% for the second consecutive year, per capita GDP continued to shrink. Real per capita GDP declined by 0.3% in 2024-25, which follows the 1.0% contraction

The post Another shocking year for the Australian economy appeared first on MacroBusiness.

When the new electoral map was published in 1984, it kicked off a game of musical chairs, but with a difference – this time there were more seats than players. Some of these seats were more attractive than others, but it wasn’t simply a matter of every sitting MP moving to the safest possible seat.

In the world of modern Australian politics, the once great debate of ideas between the likes of Chifley and Menzies is but a memory, replaced by a battle of small-target opposition versus small-target government. In some ways, there is a good reason for this: it works at the ballot box. At the 2013 election, then

The post Albo is immune to the LNP appeared first on MacroBusiness.

Wall Street rallied again overnight on the prospect of a potential US-China trade deal while also supported by the Fed punch bowl where everyone expects one rate cut this week. The USD pulled back against some of the majors, stabilising against the burgeoning Canadian Loonie while Euro drifted higher, as the Australian dollar stood out

The post Macro Morning appeared first on MacroBusiness.

DXY is still refusing to fall. AUD doesn’t mind as a US/China trade deal ignites all the things. CNY to the moon! Woe is gold. Oil not shooting the lights out. AI metals to the moon. AI RIO to the moon. EM to the moon. Junk gives the green light. Yields soft. Fed to cut

The post Australian dollar misses moon rocket appeared first on MacroBusiness.

US President Donald Trump said on Saturday that he would only meet his Russian counterpart Vladimir Putin once the terms of a potential deal were clear. Moscow agrees that such a meeting must be carefully prepared, but the two sides mean very different things.

Fyodor Lukyanov: The road to peace runs through the ruins of Atlanticism

Without addressing NATO’s legacy, no deal on Ukraine will hold

Abul Rizvi’s forecast that Australia’s net overseas migration (NOM) will track around 300,000 under current immigration policies, 15% higher than the Treasury’s forecast, confirms that the rental crisis will persist. It is important to put Rizvi’s 300,000 NOM forecast into a historical perspective. In the first 60 years following World War II, Australia’s NOM averaged

The post The rental crisis will never end appeared first on MacroBusiness.

South Australia counts the cost of its cancelled green hydrogen power plant and its now disbanded hydrogen office.