The EU is considering whether to end the diplomatic isolation of Belarus in an effort to drive a wedge between it and its close ally, Russia, The Guardian reported on Tuesday, citing European diplomatic sources.
The Albanese government’s First Home Guarantee scheme came into effect on Wednesday, allowing almost all first home buyers to purchase a home with only a 5% deposit, without requiring lenders’ mortgage insurance, as taxpayers will guarantee 15% of the mortgage. Analysis by Lateral Economics suggested that the 5% deposit scheme could increase home prices nationally
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.
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.
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.
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.
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
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
Rio Tinto flags early closure of Queensland’s biggest coal generator as LNP prepares new energy plan
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.