Blogotariat

Liberal Party-led Senate inquiry into residential electrification confirms the bill busting benefits of getting gas out of Australian homes.

The Market Ear sees squirming robots. CTAs in US equities CTAs have aggressively sold US equities and are now estimated to be short $30bn. Not a huge number per se but we are at an interesting “extreme” level looking back over the past 10 years. This would be supportive evidence for a tactical long trade.

The post Stock robots squirm as hard landing builds appeared first on MacroBusiness.

Recall Labor’s Powering Australia Plan, which promised to reduce NEM wholesale electricity costs by $11 per MWh, from $62 to $51, by 2025. Prime Minister Anthony Albanese hailed this modelling by RepuTex Energy as “the most comprehensive modelling ever done for any policy by any ­opposition in Australia’s history since Federation”. Albanese also repeatedly spruiked that

The post Labor continues to lie about power prices appeared first on MacroBusiness.

Goldman’s Andrew Boak has been more right than everyone so far. In her post-meeting press conference RBA Governor Bullock noted that today’s decision to keep the policy rate unchanged at 4.10% was a consensus decision and that the Board did not explicitly consider a rate cut at the meeting. Importantly, Governor Bullock did not repeat

The post Paralysed RBA to cut, cut, cut appeared first on MacroBusiness.

I’ll be speaking at an event next week in Sydney as a preview for the federal election.

The event is hosted by my employer GovConnex along with FTI Consulting.

We’ll be previewing the election and discussing prospects for a possible hung parliament. There will be an opportunity to ask questions followed by drinks.

Tickets are free but there is limited capacity and I expect the venue to fill up.

The event will be at the Mint in Sydney from 5:30pm on Thursday April 10.

Book a ticket here.

Last year, an Instagram video of a migration agent instructing rejected student visa holders how to appeal their decisions to the Administrative Appeals Tribunal (AAT) went viral. The video was deleted after a public backlash, but not before I transcribed its contents. Below is what the migration agent said via video: “What I have heard

The post Sham migration agents allowed to run rampant appeared first on MacroBusiness.

The Q4 2024 national accounts from the Australian Bureau of Statistics (ABS) showed that Australian households remained trapped in recession. As illustrated by the blue bars below, real per capita household consumption declined for an eighth consecutive quarter in Q4. The decline in per capita household consumption followed an even steeper decline in incomes. As

The post A long recession for Australian households appeared first on MacroBusiness.

Israel's Netanyahu drops spy chief nominee under fire from Trump allyIsraeli Prime Minister Benjamin Netanyahu has back-peddled on his decision to appoint former navy commander Vice Admiral Eli Sharvit to the top post of the country’s Shin Bet security agency, following criticism from a key US senator. It was revealed that the former naval chief had penned an opinion piece criticising US President Donald Trump's policies on climate change.

Volatility was relatively low on risk markets overnight as traders await the real April Fool’s Day as the Trump Regime’s “Worldwide Shoot Ourselves in the Feet” tariff deadline draws near. Wall Street filled some short positions and rebounded alongside European stocks but it was relatively modest while the USD held against Euro, Yen and Pound

The post Macro Morning appeared first on MacroBusiness.

THE WESTERN WORLD (OLD EUROPE AND AMERICA) IS IN A FLUX WHILE TRYING TO PRESERVE ITS PERCEIVED HEGEMONY OVER THE REST OF THE WORLD. THE END OF EMPIRES IS NEVER PRETTY. NEW DECEPTIONS WITH SLOGANS SUCH AS "MAKE AMERICA GREAT AGAIN" AND THE VISCERAL EUROPEAN HATRED OF RUSSIA — AKIN TO ANTI-SEMITISM GOING BACK TO THE DAYS OF MARTIN LUTHER — ARE USED TO MASK THE GREATER DESIRE TO OWN AND CONTROL THE HUMAN PLANET...

I've had my noise-cancelling headphones on all day because there’s major demolition happening—both across the street and on the property behind us. It’s been a huge and constant racket.

But what really had me worried wasn’t the noise. It was Willow, one of our cats. She’s usually banging her head against my office door by lunchtime, demanding to be let in so she can sleep wherever the hell she wants—usually right on top of my keyboard. But today? Nothing.

RomeCNN — At least 17 Tesla cars were destroyed after a fire broke out a

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