Domain released its Q2 house price report last week, which showed that the median Sydney house was valued at an extraordinary $1,722,443 at the end of June, up 2.6% over the quarter and 4.2% year-on-year. This was the fastest quarterly rise in two years and the third straight gain in median house prices. Sydney unit
The post Sydney’s cruel housing market appeared first on MacroBusiness.
Now that the Parliament has officially opened for its first sitting after the federal election, we’re off to the races with redrawing the electoral map for the next federal election, expected in 2028. No rest for the wicked.
MOSCOW (Sputnik) - The United States and the European Union have agreed on a new trade deal, which envisages, among other things, a zero tariff on US imports to the European markets and a 15% baseline tariff on all EU goods coming to the US, including cars, US President Donald Trump said on Sunday.
Despite a dreadful durable goods order print on Friday night, Wall Street still pushed to new record highs as earnings are coming in solid as expected, helped by buybacks and the “Big Beautiful Bill” spending. Other risk markets were not so easily convinced with European shares falling back while the USD climbed to a two
The post Macro Morning appeared first on MacroBusiness.
DXY was up Friday but will be down today as Trump strikes a tariff deal with Europe at 15% tariff. Bloomberg. Von der Leyen and Trump also differed on some of the key terms of the deal they announced. The US president said the tariff level would apply to “automobiles and everything else,” but not
The post Australian dollar rocket refueled in Europe appeared first on MacroBusiness.
The United Kingdom could resort to military force against China in the event of an escalation over Taiwan, British Defense Secretary John Healey has said, though he emphasized that London continues to prefer a diplomatic resolution.
David Milne is an Aberdeenshire local who lives beside Trump's golf course. He won a bitter battle to stop Trump kicking him out his home and famously raised a Mexican flag above the course during the President's last visit.
Martin Ford was a councillor at the time and drew the future President's ire by casting the deciding vote to block his course getting built there.
Israel’s key enablers, the G7, plus Australia and New Zealand, have succeeded in muscling Israel back onto the invite list for the commemorations in Nagasaki on 9 August. Last year Israel was excluded, triggering a refusal by these countries to attend in 2024. Does the ‘personal’ invitation that Nagasaki has just sent to Israel represent a triumph of Western diplomacy or a sick joke?
FBI Deputy Director Dan Bongino boldly declared Saturday that he made recent discoveries about government corruption and weaponization that shocked him down to the core.
Without elaborating on what he found out, Bongino teased that investigations into those discoveries are ongoing and being done “by the book.”
A wise man once said that “Hope is not a strategy.” But that isn’t entirely correct. As the chart below of historic Reserve Bank wage growth forecasts reveals, hope can be a strategy; it’s just not a particularly good one. The latest hope from the Reserve Bank is that the market economy can generate sufficient
I was wading through some of the facebook posts I received after a day or so of doing other stuff, and I came across a meme that stated that the idiotic antivaxxer who is Secretary of the US Department of Health and Human Service, Robert F. Kennedy Jr, has now turned his attention to ‘chemtrails’1.
Soviet Star Trek IV: The Wrath of Elon Musk (AI Trailer)
https://www.youtube.com/watch?v=jVZqh_DnAj8
The fourth instalment in the cursed Soviet Trek Series. A prequel of sorts!
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.