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Renew Economy Tuesday, March 18, 2025 - 21:01 Source

Australian Greens leader Adam Bandt.</body></html>

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Your Democracy Tuesday, March 18, 2025 - 18:52 Source

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Your Democracy Tuesday, March 18, 2025 - 17:56 Source

Are app messages ‘Commonwealth records’? If so, why do Canberra’s elite routinely delete them via Signal and WhatsApp? Andrew Gardiner reports.

Canberra politicians and bureaucrats could be breaking the very law they supposedly strengthened late last year, by auto-deleting app messages transparency advocates say “must be made publicly available”. 

 

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Renew Economy Tuesday, March 18, 2025 - 17:56 Source
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MacroBusiness Tuesday, March 18, 2025 - 17:30 Source

Another positive day for stock markets here in Asia as risk switches back to on following the big rebound on Wall Street from Friday night although local stocks struggled to make headway. The USD is trying to fight back as it remains weak against Euro and Pound Sterling although is pushing higher against Yen this

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, March 18, 2025 - 16:22 Source
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Renew Economy Tuesday, March 18, 2025 - 15:39 Source
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Renew Economy Tuesday, March 18, 2025 - 14:46 Source
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Prosper Australia Tuesday, March 18, 2025 - 14:41 Source

Value capture is an equitable and efficient funding mechanism to support the development of high speed rail. It ensures that those who benefit the most from high speed rail contribute to its cost.

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Renew Economy Tuesday, March 18, 2025 - 14:40 Source
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Renew Economy Tuesday, March 18, 2025 - 14:07 Source
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Your Democracy Tuesday, March 18, 2025 - 14:02 Source

The US is considering recognizing Crimea as part of Russia and may urge the UN to do the same, American news website Semafor reported on Monday, citing two people familiar with the matter. 

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MacroBusiness Tuesday, March 18, 2025 - 14:00 Source

Two opinion polls have been released showing that the Albanese government has experienced a resurgence in the polls. Roy Morgan’s latest polling shows that Labor increased its two-party preferred lead on the Coalition to 54.5% to 45.5% after Cyclone Alfred and President Trump put tariffs on Australia. Roy Morgan stated that if a Federal Election

The post Labor gains election winning lead appeared first on MacroBusiness.

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MacroBusiness Tuesday, March 18, 2025 - 13:30 Source

Deutsche with the note. How much further can the selloff go?  Viewing the selloff through the lens of equity positioning, from the post-election peak in December near the top of its long-run historical band (0.77, 92nd percentile), positioning has been cut sharply, but only to modestly underweight levels (z score -0.36, 26th percentile). Discretionary positioning has fallen

The post Stocks to go lower appeared first on MacroBusiness.

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Renew Economy Tuesday, March 18, 2025 - 13:21 Source
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MacroBusiness Tuesday, March 18, 2025 - 13:00 Source

As we know, energy ministers have kicked a decision on whether or not to take up Victoria’s insane proposal to publically underwrite LNG imports until July. To give you some idea of how crazy this idea is, I have made the following chart which compares an average East Coast gas price with LNG imports according

The post Grattan Institute to destroy East Coast with LNG imports appeared first on MacroBusiness.

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Renew Economy Tuesday, March 18, 2025 - 12:54 Source
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MacroBusiness Tuesday, March 18, 2025 - 12:30 Source

The greatest parliamentary liar of our times, Treasurer Jim “chicken” Chalmers, is lying again, this time about the Trump boogieman. Jim Chalmers will use new OECD and Treasury forecasts to amplify major risks to Australia’s economic recovery ahead of next week’s budget, with the Paris-based organisation warning that global inflation will stay higher for longer

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Renew Economy Tuesday, March 18, 2025 - 12:09 Source
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Renew Economy Tuesday, March 18, 2025 - 12:04 Source
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MacroBusiness Tuesday, March 18, 2025 - 12:00 Source

I have spent years outlining the problems of free trade agreements (FTAs), which I learned while working as the Australian Treasury’s trade analyst and informally participating in discussions for the Australian-US FTA (AUSFTA). The first pitfall is that Australia’s FTAs were mostly negotiated in secret from the public, but opened to corporations and industry groups

The post FTAs have damaged Australia’s economy appeared first on MacroBusiness.

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Your Democracy Tuesday, March 18, 2025 - 11:38 Source

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MacroBusiness Tuesday, March 18, 2025 - 11:30 Source

The Australian Greens have urged the federal government to pass several flagship measures before the federal election in order to “Dutton-proof” them. Greens Leader Adam Bandt wrote to Prime Minister Anthony Albanese on Friday, offering to support three signature reforms if they are introduced in parliament before the May election. This includes Labor’s plan to

The post Greens blow hole in federal budget appeared first on MacroBusiness.

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Cheeseburger Gothic Tuesday, March 18, 2025 - 11:17 Source

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MacroBusiness Tuesday, March 18, 2025 - 11:00 Source

The Market Ear asks the question. US consumer: What’s happening? This is a GS basket of stocks called “middle income discretionary consumer basket”. Consumer discretionary was the worst performing sector of all sectors last week leading to calls for recession and doom. Betting against the US consumer is generally not a good long-term strategy, but

The post US consumer buckling? appeared first on MacroBusiness.

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MacroBusiness Tuesday, March 18, 2025 - 10:30 Source

Over the weekend, veteran budget watcher Chris Richardson published a stinging critique of Australia’s “third world” tax system, which punishes workers and collects too little tax from efficient sources. “Australia may be a first-world nation, but we increasingly have a third-rate tax system”, Richardson wrote. “It last got a spit and polish a quarter of

The post How to fund income tax cuts appeared first on MacroBusiness.

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Renew Economy Tuesday, March 18, 2025 - 10:10 Source
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MacroBusiness Tuesday, March 18, 2025 - 10:00 Source

The Chinese depression rolls on. Here’s the data wrap from Goldman. January-February activity data generally came in stronger than market expectations, although the magnitude of beat was modest. Industrial production (IP) growth moderated to 5.9% yoy in January-February from 6.2% yoy in December, faring much better than export growth which fell meaningfully in January-February. Fixed

The post Chinese depression rolls on appeared first on MacroBusiness.

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MacroBusiness Tuesday, March 18, 2025 - 09:30 Source

So much for the ferrous rally. Chinese Jan/Feb data was not encouraging as steel output fell 1.5%. Iron ore demand was better with BOF output down only 0.5%. The rolling annuals for pig iron ore versus recycled not likely to improve from here. Any hope of a rebound was crushed by housing data. New starts

The post Steel and iron ore begin 2025 with a whimper appeared first on MacroBusiness.

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Your Democracy Tuesday, March 18, 2025 - 09:14 Source

Human intellectual abilities such as reasoning and problem-solving are diminishing, possibly due to increased exposure to visual media, the Financial Times (FT) has reported.

Human intelligence appeared to peak in the early 2010s and has been in decline since, the FT added, citing PISA, an international benchmarking test for 15-year-olds that includes reading, mathematics and science, and adult cognitive evaluations.

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