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Oz Blog News Commentary
MacroBusiness Thursday, February 27, 2025 - 13:30 Source

Yesterday Domain was upset that Peter Dutton was a crooked property investor. Today it trumpets that Sydney is fixed by the same! A James Packer-backed development in Surry Hills and a 22-storey tower in Edgecliff are among 18 housing projects fast-tracked by the state government’s new planning authority to deliver more than 8600 dwellings. The

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MacroBusiness Thursday, February 27, 2025 - 13:00 Source

Yawn. China plans to start re-capitalizing three of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last year to shore up the struggling economy. Authorities are looking to inject at least 400 billion yuan ($55 billion) of fresh capital into the first

The post More Chinese yawnulus appeared first on MacroBusiness.

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MacroBusiness Thursday, February 27, 2025 - 12:30 Source

The latest annual state accounts from the Australian Bureau of Statistics (ABS) showed that Victoria’s per capita GDP declined by 1.2% in 2023-04, and it has only increased by 10.4% since the Global Financial Crisis (GFC) in 2008. This compared with a 1.0% national decline in per capita GDP in 2023-24 and a 14.5% gain

The post Victoria is an economic sinkhole appeared first on MacroBusiness.

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MacroBusiness Thursday, February 27, 2025 - 12:05 Source

Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen check in on house price affordability for Australians after the recent interest rate cuts. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus

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MacroBusiness Thursday, February 27, 2025 - 12:00 Source

Simon Kuestenmacher, dubbed the “Stats Guy”, is a well-known immigration shill. For years, he has spread propaganda to support Big Australia. Last year, Kuestenmacher claimed that Australia’s skills shortages will worsen unless net overseas migration remains at an historically high level. “Let’s start with a quick analysis of how important foreign-born workers are for each

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MacroBusiness Thursday, February 27, 2025 - 11:30 Source

In recent federal elections, Victoria has represented a stronghold for the Labor Party. The 2022 federal election saw Labor win 24 out of 39 Victorian seats and 54.83% of the two-party preferred vote. However, in the upcoming election, Victoria is shaping up as a problem state for the Albanese government. Poll Bludger shows a 5.4%

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Your Democracy Thursday, February 27, 2025 - 11:20 Source

https://www.youtube.com/watch?v=uwtUwJGq2qQ

“Peace Is A Threat To Us All” Say European Leaders w/ John Mearsheimer

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

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MacroBusiness Thursday, February 27, 2025 - 11:00 Source

The ferrous complex has come off a little but it is still enjoying favorable Q1 dynamics. CISA mid-February output climbed in a typical fashion. MySteel has output below last year, but CISA is more reliable, and is a little above. The Pilbara killer cometh on time. The British-Australian mining concern Rio Tinto sees opportunities to

The post Pilbara killer on schedule appeared first on MacroBusiness.

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MacroBusiness Thursday, February 27, 2025 - 10:30 Source

I was interviewed by Luke Grant at Radio 2GB/4BC, where I broke down the immense failure of the East Coast energy market, especially pertaining to gas. Below is an outline of the themes discussed. The federal government made the dire mistake of approving export gas terminals out of Gladstone more than a decade ago without

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Cheeseburger Gothic Thursday, February 27, 2025 - 10:03 Source

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MacroBusiness Thursday, February 27, 2025 - 10:00 Source

As we know, three Chinese dinghies have taken a pleasure cruise down the east of Australia. In doing so, they cannot, surely, have anticipated such wild success. The hilarity of Australia’s vulnerability to Chinese gunboat coercion grows with each passing minute. One of the cockles can be, and maybe, equipped with nuclear-armed HN missiles. These

The post The defenceless big, brown land appeared first on MacroBusiness.

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MacroBusiness Thursday, February 27, 2025 - 09:30 Source

DXY is trending down. EUR up. AUD has flamed out. Lead boots are going nowhere. Oil has priced the end of the war, gold has not. Copper has caught Goldman disease. Big miners are the dogs of dogs. Or maybe that is EM. Or junk! The growth scare is working on yields. Still not enough

The post Australian dollar smashed by tumbling inflation appeared first on MacroBusiness.

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