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Core Econ Wednesday, October 1, 2025 - 22:29 Source

Many homeowners underestimate the serious damage that overflowing gutters can cause. When water spills over instead of draining properly, it can soak into eaves, walls, and foundations, leading to costly repairs. Overflowing gutters may seem like a small problem after a heavy rainfall, but if left unchecked, they can compromise the structure of your home over time.

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MacroBusiness Wednesday, October 1, 2025 - 17:30 Source

Wedge Tailed Eagle as a rabbit sees it, Photo courtesy of Geoff McVeigh   AUD/USD       EUR/USD       USD/JPY     GBP/USD     Gold     WTI     Brent     Australia 200     US S&P 500     UK 100     Japan 225      

The post Macro Afternoon: 1 October 2025 appeared first on MacroBusiness.

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THE BLOT REPORT Wednesday, October 1, 2025 - 16:05 Source

Unfortunately for the US, the Mango Paedo was allowed to give a speech at the UN1. Most of it was self-aggrandisement, lies and stoking the fear of foreigners he relies on to obtain votes from the gullible. To read it is like reading a story from a child with little or no concept of truth. It is extremely embarrassing for the US, that a conman who aims his speeches at his numerous rallies to the gullible MAGAts, believes such a silly speech could impress knowledgeable ambassadors, national leaders and sundry other functionaries, is astonishing.

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Cheeseburger Gothic Wednesday, October 1, 2025 - 15:28 Source

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MacroBusiness Wednesday, October 1, 2025 - 14:00 Source

Following the release of the ABS monthly inflation data for August, the outlook for interest rates held by various banks changed in a matter of hours. The figures showed that annual headline inflation rose to 3.0%, up from 2.8% in July, hitting the top end of the RBA’s target band for the first time since

The post Recession, rate cuts and the Reserve Bank appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 1, 2025 - 13:00 Source

The entire taxation arrangement around electric vehicles (EVs) is a reverse Robin Hood scenario, as it takes taxes from the poor to give to the rich. Michael Read at The AFR reported that the cost of the Fringe Benefits Tax (FBT) exemption for EVs has “blown out thirteenfold, and the benefits are disproportionately flowing to

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MacroBusiness Wednesday, October 1, 2025 - 12:00 Source

Analysis from the OECD, published in The AFR, shows that Australia ranks second-last among wealthy nations in terms of productivity growth since the COVID-19 pandemic. EY’s chief economist, Cherelle Murphy, says the decline is partly attributable to “capital shallowing”—the fact that local companies are not investing enough capital in new equipment to match the growth

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MacroBusiness Wednesday, October 1, 2025 - 11:30 Source

The concept of fairness plays a crucial role in shaping the collective consciousness of Australians and shaping our national identity. From the days of Simpson and his donkey delivering wounded diggers to safety from the fires of the Ottoman guns at Gallipoli over a century ago to the present day, much of how our nation

The post Australia – The exploitation nation appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 1, 2025 - 11:00 Source

Everything I have written about Australia’s student-migration scam has been confirmed by the latest study on the international education sector by Jobs & Skills Australia (JSA). JSA openly acknowledged that most international students come to Australia primarily to work and live, rather than for educational purposes. Nearly 70% of international higher education students reported migration

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