MacroBusiness
Tuesday, March 11, 2025 - 16:49
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AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 The post Macro Afternoon: 11 March 2025 appeared first on MacroBusiness. |
Your Democracy
Tuesday, March 11, 2025 - 15:46
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Syrian security forces are alleged to have executed dozens of people belonging to the Alawite minority in the coastal province of Latakia, according to a war monitoring group. |
Renew Economy
Tuesday, March 11, 2025 - 15:20
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Renew Economy
Tuesday, March 11, 2025 - 15:10
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Renew Economy
Tuesday, March 11, 2025 - 14:54
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Renew Economy
Tuesday, March 11, 2025 - 14:47
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Renew Economy
Tuesday, March 11, 2025 - 14:45
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Renew Economy
Tuesday, March 11, 2025 - 14:21
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MacroBusiness
Tuesday, March 11, 2025 - 14:00
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Elon Musk’s association with the Trump Administration has contributed to the tanking of Tesla sales across the globe. According to CarScoops, Tesla sales in Norway fell 44.4% in January through February, while in Germany, Tesla sales fell 76.3% in February compared to the same month in 2024. The picture becomes even bleaker when you realise The post Tesla drives crash in EV sales appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 13:30
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Alex Joiner, chief economist at IFM Investors, has published a series of charts illustrating the explosive growth in non-market (government-aligned) employment, which has pulled down the nation’s productivity. The following chart shows that since Q1 2023, 658,071 jobs have been added in the non-market sector versus only 135,880 jobs in the market sector. This means The post Australia’s economy is a productivity desert appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 13:00
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This is about as surprising as Canberra being stupid. Goldman. CPI and PPI deflation in February:China’s February CPI and PPI inflation came in at-0.7% yoy and -2.2% yoy, respectively. Much of the CPI weakness came from thefalling demand post-Lunar New Year: food price inflation fell to -3.3% yoy (vs. +0.4%in January) and tourism price inflation The post Chinese depression leads to war appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 12:30
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The past year has seen plenty of propaganda from the property industry warning that the decline in property investment in Victoria arising from the government’s land tax hikes will harm renters. Indeed, rental bond data from the Victorian Government showed a record decline of 24,726 rental properties (3.6% of total stock) in the year to The post Melbourne has become a renters’ oasis appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 12:00
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By Dr Cameron Murray and Aidan Morrison, cross-posted from Fresh Economic Thinking. How Australia’s electricity market got POLITICAL and cost us BILLIONS Why didn’t our experts get the same answers as those abroad on the cheapest way to generate and distribute electricity? Australians will pay hundreds of billions of dollars for new investment in the The post Australians will pay for the politicisation of energy appeared first on MacroBusiness. |
Renew Economy
Tuesday, March 11, 2025 - 11:52
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MacroBusiness
Tuesday, March 11, 2025 - 11:30
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Crikey wraps the controversy. In case you missed the back and forth yesterday, US President Donald Trump has been a touch annoyed at former Liberal PM Malcolm Turnbull telling Bloomberg the 78-year-old was “chaotic, rude, abusive and erratic” and his treatment of America’s allies would ultimately benefit China. Responding on his Truth Social platform, Trump The post Let a thousand Malcolm’s bloom appeared first on MacroBusiness. |
Your Democracy
Tuesday, March 11, 2025 - 11:02
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US President Donald Trump has reportedly been exploring ways to ease sanctions on Russia as part of a broader effort to facilitate peace negotiations over Ukraine, Bloomberg has reported. |
MacroBusiness
Tuesday, March 11, 2025 - 11:01
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Last month, the Australian Population Research Institute (TAPRI) released its survey on voter attitudes, which, among other things, showed that the overwhelming majority of voters do not support recent high levels of immigration or a Big Australia. Only 11% of the electorate support the current high migration settings, whereas 80% want lower migration numbers. TAPRI’s |
MacroBusiness
Tuesday, March 11, 2025 - 11:00
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But still afraid. Westpac. • Westpac Consumer Sentiment Index up 4% to 95.9 in March. • Slowing inflation and rate cut lift confidence to three-year high. • Unsettling overseas news looks to be weighing on the outlook for the economy. • Sentiment towards major purchases showing a promising improvement. • Consumers’ own finances stabilising and The post Consumers less afraid appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 10:30
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Last month, Australian journalist Matt Bell published the following article on the nation’s purported “skills crisis.” This was based on a report from recruitment firm Hays, which found that 85% of hiring managers grappled with “skills gaps” that continue to worsen despite a softer market and historically strong immigration. However, as shown recently by Greg The post Australian labour shortages are a mirage appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 10:00
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What is the worst idea you can think of for Australia’s failed East Coast gas market? How about government’s underwriting LNG imports that will raise your bills 80%? You got it! The Australian. A Victorian government-led proposal to underwrite LNG imports could hike domestic gas prices and introduce a fresh risk of political intervention in The post Government embraces gasmageddon appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 09:30
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The Market Ear on the roaring bear. Equity vs bond panic VIX has left bond volatility behind. Source: Refinitiv Not all “panic” is equal VIX continues surging, but skew continues to do very little. A notable volatility “anomaly”. Source: Refinitiv Term structure panic VIX term structure exploding even higher, with the short end of the The post No blood in the streets appeared first on MacroBusiness. |
Renew Economy
Tuesday, March 11, 2025 - 09:18
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Your Democracy
Tuesday, March 11, 2025 - 09:09
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Donald Trump pitched a deal to the bosses of America’s Big Oil firms last year. Over a dinner of chopped steak at Mar-a-Lago in April, he told his guests: “You all are wealthy enough,” The Washington Post reported him as saying, “that you should raise $US1 billion to return me to the White House.” |
MacroBusiness
Tuesday, March 11, 2025 - 09:00
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It’s risk off across stock markets as Trump goes all Lord Farquaad aka Paul Keating admitting a US recession is all but coming due to his tariffs taunts with Wall Street falling more than 2% across the board with the NASDAQ falling 4% in one session! So much winning! European stocks are feeling the heat The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Tuesday, March 11, 2025 - 08:59
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The Australian War Memorial has dismissed calls to stop taking money from the world's largest weapons manufacturers, despite outrage from critics and historians that it defiles the commemoration of the nation's war dead. A Four Corners investigation has also found that the memorial's chairman, and former politician, Kim Beazley has paid roles with two multinational arms companies. |
MacroBusiness
Tuesday, March 11, 2025 - 08:04
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DXY held on as safe haven flows pick up despite the new super EUR. AUD crashed against everything. Lead boots stable Oil needs to be in the $50s. Commods are far too high for a US recession. Miners = dogs. EM likewsie. Junk is serene. Maybe it needs to break to flush this bearish impulse. The post Australian dollar crashes with everything appeared first on MacroBusiness. |
Your Democracy
Tuesday, March 11, 2025 - 07:20
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Russia has told Australia there will be "grave consequences" if it puts "boots on the ground" in Ukraine as part of a Western peacekeeping operation proposed by UK Prime Minister Kier Starmer. |
Renew Economy
Tuesday, March 11, 2025 - 06:34
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Renew Economy
Tuesday, March 11, 2025 - 02:53
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MacroBusiness
Tuesday, March 11, 2025 - 00:05
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In January, Domain published the following chart showing how the proportion of income a median household needed to pay the median rent hit a record high 33% in Q3 2024. REA Group has released its Q4 Rental Affordability Report, which found that rental affordability is at its worst level on record, driven by surging rents The post Aussie renters cannot catch a break appeared first on MacroBusiness. |