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Articles from MacroBusiness

Why are Victorians choking on gas bills?

January 13, 2026 - 12:30 -- Admin

Victoria’s household gas prices have jumped 208 per cent since 2009, the biggest increase in Australia. New analysis of St Vincent de Paul Society and Alviss Consulting’s annual tariff tracker shows Victorians are the most exposed to long‑term gas price inflation with prices soaring far above the national 134 per cent rise. …According to analysis of Essential

Golden rocket returns

January 13, 2026 - 11:30 -- Admin

Charts from TME. The golden rocket channel holds. It ain’t specs. ATH again and again. Daily RSI OK. Monthly RSI whoa! Bugger fake gold. Japanese connection holding. Miners up and away. Explorers and juniors fly as it boils over. But cheap if you believe. “In the short term, a 100pt increase Geopolitical Risk Index translates

Rate hike prospects smack consumer sentiment

January 13, 2026 - 11:11 -- Admin

Westpac measures headed for Hades. In January, Westpac-Melbourne Institute Consumer Sentiment fell 1.7% to 92.9. The move is driven by deteriorating perceptions of the near-term prognosis. Now, over two thirds of customers anticipate an increase in mortgage rates in 2026. Customers are less optimistic about their employment prospects. Most people between the ages of 18

Why Iran matters

January 13, 2026 - 11:00 -- Admin

As protests continue on the streets of cities across Iran against the government of Ayatollah Ali Khamenei, it’s worth reflecting on why this nation at the heart of the crossroads between Central and West Asia is so vital. At its narrowest point, the Strait of Hormuz in the Persian Gulf is only 39 km across

Canada ends parent visa train wreck

January 13, 2026 - 10:30 -- Admin

Last week, the Canadian government, led by Prime Minister Mark Carney, announced that it would no longer accept sponsorship applications for parent and grandparent visas. In 2013, the Fraser Institute, a Canadian think tank, estimated that the lifetime cost to taxpayers for the 70,000 parents and grandparents admitted to Canada between 2012 and 2014 would

Iron ore downgrades rain

January 13, 2026 - 10:00 -- Admin

Iron ore and coking coal are obliterating steel mill margins. Scuttlebutt is crazed. China’s cabinet held a meeting on Friday about implementing a package of fiscal and financial policies to boost domestic demand, including initiatives to spur household consumption, state broadcaster CCTV reported. A need for restocking as well as decreasing global iron ore shipments from Australia

Rudd returns from whence he came

January 13, 2026 - 09:45 -- Admin

I would observe this with relief. In a short statement on X, former prime minister Kevin Rudd thanked Prime Minister Anthony Albanese and Foreign Minister Penny Wong for their kind words. “It has been an honour to serve as Australia’s Ambassador to the United States over the last three years,” he wrote. “I also thank

Macro Morning

January 13, 2026 - 09:00 -- Admin

Last night most risk markets shrugged off the attack on the US Federal Reserve’s independence by the Trump regime with a small blip against USD while Wall Street eked out a small return as European stocks outperformed again. Precious metal prices continued to soar against USD however, while oil markets also saw more upside on

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