Blogotariat

New rules in NSW remove barriers for EV charging equipment and rooftop solar and other sustainable investments for apartment buildings.

New data reveals one in five Australian households are vulnerable to energy hardship — and the story goes far beyond high bills.

There is accumulating bad news in the Aussie jobs market. As we know, there is supposed to be a handoff underway from public to private sector jobs. But it isn’t happening. Moreover, AI appears to be hitting entry-level positions for youth, a key job leading indicator. We also know that it takes roughly 25k per

The post More bad jobs market signals appeared first on MacroBusiness.

In the years since the Albanese government came to power and the sugar hit of pandemic driven stimulus and so called ‘Revenge Spending’ drew to a close in the middle of 2022, the Australian economy has become more and more reliant on employment growth in non-market sectors of the economy. The ABS defines non-market sectors

The post Government funded jobs printer jams across the land appeared first on MacroBusiness.

For years, MB has argued that the federal government’s projected budget deficits, expected to last at least a decade, are largely self-inflicted. The fact of the matter is that Australia could have all of the budget revenue that it needs if it merely copied nations like Norway and Qatar and taxed its resource exports properly.

The post Australia has squandered its unparalleled resource wealth appeared first on MacroBusiness.

Australia is the last redoubt of the globalists. All we do is fret over other people’s problems while our living standards and values are slaughtered. This is not coincidental. It is the evolution of a system of mind control, many years in the making, much worse in Australia than anywhere else I can think of.

The post Last redoubt of the globalists appeared first on MacroBusiness.

No bad surprises were contained within the US CPI print released overnight although the core inflation figures continue to lift higher, it still gave most market respondents and sycophants alike the opportunity to push for a September rate cut from the US Federal Reserve which has sent Wall Street flying higher and pushed the USD

The post Macro Morning appeared first on MacroBusiness.

DXY fell last night. AUD bounced but it’s not exactly tearing the roof off. Lead boots are stuck fast. Gold was disappointed. Base metals are king dollar playthings. Big miners are having another crack at the big bear. EM at the highs. Junk breaking out. Bullish. Yields muted after US CPI. Stocks certain of Fed

The post Australian dollar soars on Fed cuts appeared first on MacroBusiness.

Ukraine is preparing a new provocation to disrupt negotiations between Russian President Vladimir Putin and his American counterpart Donald Trump in Alaska on Friday, according to the Russian Defense Ministry.

The Albanese government’s National Housing Accord target of building 1.2 million homes over five years was always a delusional pipe dream detached from reality. The record single year for Australian dwelling completions was around 223,500 in 2017, when the nation was building huge volumes of defective high-rise apartments. However, economic conditions were far more favourable

Asian share markets are seeing a strong bid led by Japanese markets as they return from their long weekend with traders all waiting in anticipation of tonight’s US CPI print that is now becoming as important as the jobs print on the economic calendar. Not much movement in currency-land with the RBA cutting rates 25bps

The post Macro Afternoon appeared first on MacroBusiness.

As expected, the Reserve Bank of Australia (RBA) cut the official cash rate by 0.25% to 3.60%. The decision was unanimous among board members. In its media release accompanying its decision, the RBA noted that “inflation has continued to moderate”, down “substantially since the peak in 2022”. It also signalled further “gradual” rate cuts ahead.

The post RBA cuts by 0.25%, more rate relief to come appeared first on MacroBusiness.