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MacroBusiness Saturday, August 23, 2025 - 00:15 Source

In the wake of the Economic Reform Roundtable Gunnamatta and Deep T discuss the submission made by Deep T to the event.   Recorded last weekend (prior to the meet) the discussion ranges over the financialisation of Australian housing, from the way rising prices of houses mean that the banking system doesnt need to raise

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MacroBusiness Saturday, August 23, 2025 - 00:05 Source

International Reading: Sony Hikes PlayStation 5 Price To Cover Tariffs And Gamers Are Furious: ‘Trump Is 100% To Blame’  – Fortune Texas hit by another round of layoffs across tech industry – Chron Americans can afford only 28% of homes on the market – News Week Elon Musk Just Won His War on Labor Unions

The post Weekend reading an MB media appearances appeared first on MacroBusiness.

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Your Democracy Friday, August 22, 2025 - 19:32 Source

In the wake of the much-anticipated Anchorage summit between U.S. President Donald Trump and Russian President Vladimir Putin, Russian philosopher and nationalist ideologue Alexander Dugin ignited controversy with a social media post on X.

Dugin claimed that Putin had handed Trump “solid, considerable documents on Russian history proving that Ukraine is a fake.”

 

 

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MacroBusiness Friday, August 22, 2025 - 16:30 Source

Asian share markets are generally doing better although local shares are falling back on probable profit taking as other risk markets sentiment remains neutral going into tonight’s Jackson Hole conference. The USD is pushing slightly higher against the majors with Euro breaking below the 1.16 handle while the Australian dollar remains very weak at its

The post Macro Afternoon appeared first on MacroBusiness.

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MacroBusiness Friday, August 22, 2025 - 14:00 Source

The Reserve Bank of New Zealand cut the official cash rate (OCR) by 25bp to 3.0%, a decision widely expected by economists and markets. This meant that the OCR has fallen by 2.5% from its 5.5% peak in mid-2024. The above OCR track published by the Reserve Bank is projected to end the year at

The post Reserve Bank panic set to crater interest rates appeared first on MacroBusiness.

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MacroBusiness Friday, August 22, 2025 - 13:30 Source

Platitude one. Treasurer Jim Chalmers has opened the door for an assault on superannuation concessions and other wealth taxes in exchange for lower income tax, by declaring intergenerational equity will drive reforms that could be taken to the next election or implemented beforehand. Wrapping up the three-day Economic Reform Roundtable on Thursday, Chalmers said while there was no clear

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MacroBusiness Friday, August 22, 2025 - 13:00 Source

James Campbell from the Daily Telegraph reported on the explosion in bogus asylum seekers under the Albanese government: When Labor came to office, there were roughly 68,000 people who had been told they must leave who were still here. By the end of July, this number had reached 98,979, which without a doubt will be

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