International Reads: Costco to raise hourly pay for most US store workers to over $30 – Reuters Trump says US could soon put 25% tariffs on goods from Mexico, Canada – Reuters Trump’s grant gambit threatens to wreck the goldilocks economy he inherited – CNN Americans tipping less as frustration over prices and prompts grows,
Asian stock markets are doing well to absorb the latest Fed and ECB meetings with the added volatility of a Japanese inflation print and subsequent BOJ comments giving Yen a reprieve after the USD fell all week. Indeed, the USD is strengthening against most of the majors again as the Clown in the Oval Office
Will Australia’s real ambassador to the US please stand up? Golfing great Greg Norman hinted he was called upon once again to act as a bridge between the Australian government and Donald Trump, helping to arrange a meeting between the president and ambassador Kevin Rudd. MB has noted many times that Rudd chum is blood
Every opinion poll released in 2025 has shown the Albanese Labor government trailing Peter Dutton’s Coalition on both primary and two-party prefered vote. In recent elections, Victoria has represented a stronghold for the federal Labor Party. The 2022 federal election saw Labor win 24 out of 39 Victorian seats and 54.83% of the two-party preferred
Ambos, police, doctors, nurses, mental health workers: wage claims, strikes, walkouts, burnouts, suicide. All of these crises are linked in several different ways. Paramount is the federal immigration-led economic model that piles people upon people—often from a Third World where life is cheap—while the states that govern most of the front-line services are left to
The dollar has been eviscerated. But import prices are going precisely nowhere. Key statistics Export price index rose 3.6% this quarter and fell 8.6% through the year. Import price index rose 0.2% this quarter and fell 1.9% through the year. With the private economy so weak, importers are bringing in falling international prices for goods,
Australians are suffering their longest-running per capita recession on record at seven consecutive quarters. This recession is driven by the household sector, where per capita household consumption has fallen for six of the past seven quarters. The Melbourne Institute’s latest nowcast for Australia’s Q4 GDP growth, compiled by Justin Fabo from Antipodean Macro, remained at
The beauty of MB is you don’t have to wait four months for the MSM to tell you the so-called “news” that is four months old. You can track it when it happens. We have been predicting a new round of retail bill shocks delivered from the AER in March for 2025/26 and the ground
Nothing better illustrates the disgusting unity ticket of swan diving living Aussie standards than Fake Trump, Peter Dutton. We have already pointed out the lunacy of his nuclear fantasy, his incredibly corrupt and useless gas policy, his grovelling to an autocratic China, his bizarre liquid lunch tax education lieu of tax reform, his phony Australia
In late 2021, Labor released its Powering Australia Plan, which promised to cut NEM wholesale electricity costs by $11 per MWh from $62 to $51 by 2025. Labor claimed that its Powering Australia Plan would save Australians $275 on their residential power bills. This week, The Australian reported that the cost of generating electricity across