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Oz Blog News Commentary
MacroBusiness Tuesday, July 1, 2025 - 00:05 Source

With the end of the month, so too comes the release of the latest housing price data from Cotality (the artist formerly known as Corelogic) and PropTrack. Amidst recent rate cuts in February and May, and the expectation of significantly more to follow, both data providers noted that conditions were increasingly favourable for housing sentiment.

The post The new house price boom begins appeared first on MacroBusiness.

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Your Democracy Monday, June 30, 2025 - 20:09 Source

Israel is doing a damn fine imitation of Lt. Frank Drebin, a character played by Leslie Nielsen in the 1988 comedy film The Naked Gun: From the Files of Police Squad! In an iconic scene, Lt. Drebin stands in front of a fireworks explosion and chaos while trying to calm the crowd by saying:

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MacroBusiness Monday, June 30, 2025 - 16:30 Source

The start of the new trading week is coinciding with the end of the month and for some, the financial year, which is leading to a lot of window dressing across risk markets in Asia. However Wall Street is riding the wave higher after the Canadians gave in to the public demands of the Trump

The post Macro Afternoon appeared first on MacroBusiness.

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MacroBusiness Monday, June 30, 2025 - 14:00 Source

Livewire with the note. CBA operates in a domestic banking market with limited credit growth in Australia, selling an identical product to that offered by four other competitors (now including Macquarie), all of which have the same cost of production (capital).  This current rally has seen CBA move into the world’s top ten most valuable

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MacroBusiness Monday, June 30, 2025 - 13:30 Source

Three weeks ago, the Chinese government and the Trump administration came to a very rough agreement on trade, tariffs, and the supply of vital materials each side respectively controlled. While the agreement was likely more of a temporary ceasefire in the trade rather than a more meaningful long-term armistice, it was meant to restore the

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MacroBusiness Monday, June 30, 2025 - 13:00 Source

This is ridiculous. The White House has again called on Australia to increase its defence spending, and Prime Minister Anthony Albanese has again refused to budge. Karoline Leavitt, Donald Trump’s press secretary, said the recent move by NATO member states to raise defence spending to 3.5 per cent of their GDP should be a model for

The post Slash NDIS, boost defence spending appeared first on MacroBusiness.

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MacroBusiness Monday, June 30, 2025 - 12:30 Source

The gas cartel’s corrupt mouthpiece, the Grattan Institute, is facing more backlash over its idiotic gas ban taken up by an even more stupid Allan government. Thousands of Victorian restaurants are threatening to close their doors for a day to protest the Allan government’s gas reforms, in strike action which would create chaos across the

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