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Oz Blog News Commentary
MacroBusiness Friday, February 14, 2025 - 00:05 Source

Property analysts believe the ‘Fear of Missing out’ (FOMO) will engulf Australia’s housing market once the Reserve Bank of Australia (RBA) cuts interest rates. Financial markets believe the RBA will cut the official cash rate by 0.25% next week, followed by three additional cuts throughout the year. PropTrack has modelled the average savings homeowners would

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Your Democracy Thursday, February 13, 2025 - 22:21 Source

Donald Trump stated that he wants the European Union to purchase weapons for Ukraine. Ursula von der Leyen has met with JD Vance and they discussed energy security, trade between the EU and the US and also the situation in Ukraine. Pete Hegseth will not announce a new military support package for Ukraine during the Ramstein meeting of Ukraine Defence Contact Group.

Ursula Has Just Decided The FATE Of Europe

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Cheeseburger Gothic Thursday, February 13, 2025 - 18:45 Source

I eat a lot of eggs. At least three, sometimes more every day. So I was tempted by this bit in National Geographic about how to boil the perfect egg. (AppleNews link cos NG wants your email addy).

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MacroBusiness Thursday, February 13, 2025 - 17:00 Source

Asian share markets are much more positive in today’s session with shares continuing to rebound in Hong Kong rebounding while local markets are dead flat. Last night’s US CPI print is seeing currency markets move every which way as they also navigate more tariff volatility with Yen firming while the Australian dollar is holding strong

The post Macro Afternoon appeared first on MacroBusiness.

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MacroBusiness Thursday, February 13, 2025 - 14:00 Source

At the 2010 Australian federal election, the Julia Gillard-led Labor Party won a second term after Labor formed a minority government with the support of three independent MPs and one Australian Greens MP. Labor and the Coalition each won 72 seats in the 150-seat House of Representatives, four short of the requirement for a majority

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Your Democracy Thursday, February 13, 2025 - 14:00 Source
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MacroBusiness Thursday, February 13, 2025 - 13:30 Source

The parliament of the energy superidiot is trying to proof itself against Peter Dutton. So it should. Dutton appears so captured by the East Coast gas cartel that, right now, he is a greater national security risk than China. Today’s news is typical. A deal between the government and the Greens to try and stop

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MacroBusiness Thursday, February 13, 2025 - 13:00 Source

Australians are drowning in mortgage debt. We have among the most indebted households in the world. Mortgage payments also take up a record share of Australian household disposable income. On Wednesday, the Australian Bureau of Statistics (ABS) released housing finance data for Q4 2024. It revealed that the average Australian home loan has jumped to

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