Blogotariat

On Wednesday, the all-important Q1 CPI will be released by the Australian Bureau of Statistics (ABS). CBA expects the policy-relevant trimmed mean CPI to print at 0.6% for the quarter, bringing the annual rate down to 2.8%, within the RBA’s target band. Six-month annualised trimmed mean CPI would also slow to only 2.2%, well within

The post Market tells RBA to cut fast and deep appeared first on MacroBusiness.

As increasing numbers of Australians have chosen to vote early, we have now reached a point where the country is split roughly into two halves – one half voting before election day, through pre-poll voting, postal voting and remote booths, and the other half casting their vote on the day. There are also a few small batches of votes that can’t be identified as being cast on election day or before, but nearly everyone falls into one of these two groups.

Michael Hartnett at BofA. Zeitgeist:“If no recession, equity lows are in, simple; but can’t jump back on bull unless Treasury yields falling below 4%, and earnings growth stays above 5%”, asset allocator. Tale of the Tape: 3Bs of Bonds (fastest 50bps UST jump since May’09), Base (Trump approval drop from 53% to 46%–Chart 3), Billionaires

The post Hartnett: Sell appeared first on MacroBusiness.

Debate is raging today about a label that Peter Dutton has applied to the ABC and The Guardian that they are “hate media”. Regular readers will know MB’s frustration with the bias of these outlets when it comes to subjects such as the impacts on Australia of immigration, energy, and foreign relations. I would describe

The post ABC and Guardian are a form of “hate media” appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) released data last week showing that Victorians are paying the highest state and local taxes in the nation. As illustrated in the table below, state and local government taxes were $6,348 per capita in 2023-24, $654 (11.5%) higher than the state and territory average. Victoria has also experienced a

The post Victorians drown in taxes and debt appeared first on MacroBusiness.

Boris Johnson rages at Donald Trump's 'capitulation' to Russia - 'Putin will attack again'

Boris Johnson says it is time to take the boot off the neck of the Ukrainians and put the squeeze on Vladimir Putin.

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Queensland researchers say they have set a new efficiency record for a type of solar cell that is cheaper and quicker to make than conventional silicon-based cells.

Wall Street ended the trading week on a strong note, continuing the rebound from recent lows after more flopping on tariffs from the Trump regime however a weekend Time interview and further comments out of the White House could unsettle markets again. Friday night saw European stocks also lift higher while the USD firmed against

The post Macro Morning appeared first on MacroBusiness.

We still cannot feel confident in predicting the outcome of this 2025 election. But what we can confidently say is that it has been a quite remarkable campaign, shaped by external events in unpredictable ways.

This has been quite a remarkable election campaign whatever the outcome. That stands out. I can trace its unpredictability by looking at my speaking notes since last December on the local Canberra community speaking circuit.

https://www.youtube.com/watch?v=UWddiYK8_uc

Body Language Analysis of Trump and Zelensky's Vatican Meeting

I can't stop cracking up my eyes are watering this is so funny. Zelensky's face went from joy and confidence to pure anxiety once the French dude was told to scram....