Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, November 4, 2025 - 10:00 Source

RBA futures still see one more interest rate cut, but it’s six months away Meanwhile, Bloxo leads off the rate hike hysteria. Third-quarter inflation surprised sharply to the upside, and when a big surprise like this comes along, there are typically two possible responses. One is to dismiss the data as statistical noise that will

The post RBA rate hike hysteria begins appeared first on MacroBusiness.

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MacroBusiness Tuesday, November 4, 2025 - 09:30 Source

The ferrous jaws must shut. And we have the perfect monster to do it. And it’s a moment that has the iron ore market holding its collective breath. The size and richness of the deposit means the start up at Simandou threatens to further tilt the power dynamics in a market already facing an uncertain demand future,

The post Pilbara killer closes jaws on iron ore appeared first on MacroBusiness.

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MacroBusiness Tuesday, November 4, 2025 - 09:00 Source

Yet again Wall Street only rallied overnight due to tech giants as the AI bubble keeps the mirage of everything afloat. The USD is holding firm against all the majors although is making new ground against Kiwi and the Canadian Loonie while the Australian dollar is just holding on above the 65 cent level. Remember

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Tuesday, November 4, 2025 - 08:00 Source

Last month, Build Skills Australia released a report warning that there are not enough tradespeople to meet Labor’s target of building 240,000 homes per year, which was tracking 65,970 (27%) behind in 2024-25. According to Build Skills Australia, the building rate per new resident has plummeted, despite the fact that the number of homes built

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MacroBusiness Tuesday, November 4, 2025 - 00:05 Source

With the release of the latest ABS household spending data, it was revealed that in inflation-adjusted terms, households had only grown their spending by 0.2% in the September quarter. This result was down significantly from the 0.9% achieved in the June quarter and the weakest result since September last year. In per capita terms once

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George Monbiot Tuesday, November 4, 2025 - 00:02 Source

There’s an urgent need to replace our total mess with a codified constitution.

By George Monbiot, published in the Guardian  23rd October 2025

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MacroBusiness Monday, November 3, 2025 - 16:00 Source

Asian markets are generally steady following the weekend gap with traders absorbing the outcome of the Trump-Xi summit last week amid some other economy releases, not withstanding last week’s Fed meeting which saw a “cut and wait” approach as too much inflation and not enough job growth plagues the Trump regime. This has seen the

The post Macro Afternoon appeared first on MacroBusiness.

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Cheeseburger Gothic Monday, November 3, 2025 - 15:23 Source

Slow day on the keyboard today because the house is full of tradies doing roof repairs. It’s an insurance claim, thank god, because it looks like a very, very spendy job. There’s at least a dozen guys, a crane, a shit ton of scaffolding and new roofing iron, new insulation, a new solar hot water system and… now… a new ceiling for my library after one of the roofers stepped through it.

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THE BLOT REPORT Monday, November 3, 2025 - 14:35 Source

Like many inquisitive kids, I was fascinated with dinosaurs and knew the names of lots of them. When I was employed, I’d commonly see kids as young as 5, who could tell their parents (and me) the names of dozens of dinosaur genera. When I was about the same age as them, I was given a book on dinosaurs from the How and Why Wonder Book series. This series was turned out in large numbers on many topics, of which I had a few, but the dinosaur volume was my favourite1.

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MacroBusiness Monday, November 3, 2025 - 14:00 Source

Under a series of agreements reached between the Australian and New Zealand governments, Kiwis can relocate to Australia and reside there indefinitely using the Special Category Visa (SCV). The SCV is automatically granted to New Zealanders upon admission, provided they meet character and health criteria. The SCV allows Kiwis to live, work, and study indefinitely

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MacroBusiness Monday, November 3, 2025 - 13:30 Source

If a new Morgan Stanley study is any guide, it’s bad news all around for youth. The jobs they can do that are hostile to AI job displacement are the most toxic, most unpleasant, and most migrant-saturated imaginable. In short, your kid can plunge his/her hands into the abyss of the human mouth, handle flesh-eating

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