Last week, the Australian Bureau of Statistics (ABS) released monthly data on permanent and long-term arrivals, which suggested that net overseas migration (NOM) may have surged back over the first half of 2025. The 245,900 net arrivals recorded over the first five months of 2025 were the highest on record, surpassing last year’s record of
Iieeeeuuuuuu… Why use an AI when you have the Aussie PM on his knees? The CCP propaganda arm, The Global Times, is cock-a-whoop. Two issues are particularly noteworthy during Albanese’s visit to China, as they have sent a message to the world that Australia is re-balancing its international relationships to assert its core national interests,
The bubble is back. The Market Ear. Basically buying UBS sees CTAs doubling their equity exposure, adding $60-70bln over the next 2 weeks. They are basically buyers in all scenarios, unless SPX turns below 6k. Source: UBS Retail buying UBS on retail buying (proxied by ETF action): 1. Retail investors sold US stocks from mid-April
The post The bubble inflates appeared first on MacroBusiness.
Having to deal with recent monumentally stupid management decisions in the organisation where I used to work and, until a few months ago, at which I used to volunteer, made me think about some of the stupidity I encountered from management in the past. One of these happened nearly three decades ago. Because of my particular palaeontological expertise, I was asked to be involved in a project with the Northern Territory Geological Survey (NTGS). They were about to begin remapping several 1:250,000 geological map sheets in the Georgina Basin.
China is not signalling imminent breakout stimulus. Bloomberg. China’s trade with the world is within reasonable bounds and the nation isn’t out to dominate global markets, a senior official said, pointing to figures showing domestic consumption is driving economic growth. “Most of China’s production is intended to meet domestic demand,” Vice Finance Minister Liao Min said in
The housing crisis persists in a significant portion of the nation, and neither the Albanese government nor state governments appear to be making the necessary policy changes to tackle the housing deficit effectively. According to figures from the Albanese government’s National Housing Supply and Affordability Council (NHSAC), the housing deficit is projected to increase annually
South African fashion retailer The Foschini Group has 563 stores across Australia, and its brands include Tarocash, Connor, and Johnny Bigg. Foschini’s financial accounts show that its Australian sales fell by nearly 3% to $745 million in the year to 31 March 2025. The company told investors and analysts that its Australian division is being
The ferrous complex is fast hurtling into the absurd. Above $100, an abundant Indian supply will gush back into the market. And we’ve got some shorts to squeeze. Meanwhile. Pilbara killer port operations are coming to life as huge transformer-like monsters are installed. Such state-of-the-art operations risk the possibility of outperforming projected volume benchmarks. Yawnulus
Are Australians so grotesquely entitled that they’d rather jettison democracy than pay a little more for their defence of said democracy? From The Australian: Core support for the Coalition has collapsed to the lowest point in 40 years following Labor’s convincing election victory, despite poor approval ratings for Anthony Albanese’s leadership at the start of
The post Peak Labor is here appeared first on MacroBusiness.
Friday night saw risk markets hinge on more trade concerns with the Trump regime pushing for a baseline 15-20% tariff on all EU products while at the same time obfuscating any real chance of a deal with Japan, which went into the final session of the trading week under an election cloud. Wall Street tried
The post Macro Morning appeared first on MacroBusiness.
I reported last week that Australians have become increasingly bullish on house prices, with the latest Westpac consumer sentiment index showing that house price expectations have surged to a cyclical high, coinciding with a strong rebound in the “time to buy a dwelling” index. The auction market matches the surge in expectations. Cotality reported that
ONE OF THE BIGGEST ADVANCES in public health from the last few years is one that you’ve probably never heard about—and one that now may be in jeopardy thanks to the Trump administration.
Alan MacLeod looks at how the Swedish climate activist widened her focus to the capitalist system and Israeli genocide in Gaza and lost the attention of the corporate press.
Once the favoured child of the establishment, Greta Thunberg has been dropped by the global elite.
From Media Darling to Persona Non Grata: Greta Thunberg’s Journey
For the past 500 years, the West has reigned as the world’s dominant civilization. Though its grip has loosened in recent years, the West – especially the United States – remains the most powerful force in global politics and the international economy. This power, while capable of building plenty, also carries the potential to destroy a lot.