Blogotariat

The Wall Street Journal reports on Tuesday that U.S. President Donald Trump's White House is keeping an eye on the Smithsonian Museum to ensure that its exhibits on display for the United States' 250th anniversary "align with" the president's personal "interpretation of American history."

Donald Trump has had meetings with EU leaders, NATO and Zelensky yesterday. He has reassured the Europeans that he won’t negotiate Ukraine’s territory with Vladimir Putin, ahead of the Alaska meeting. The EU leaders are willing to remove sanctions on Russia following a 15 day ceasefire, but they’re not willing to negotiate territory before that. It is being reported that Donald Trump will incentivise Vladimir Putin by offering Alaska’s natural resources.

Alongside this week’s 0.25% interest rate cut from the Reserve Bank of Australia (RBA), it noted that it expects to lower the cash rate “gradually”. Financial markets are currently tipping one more rate cut this year, followed by another in early 2026. This would take the official cash rate to 3.10%, 1.25% below its recent

The post Why Australian interest rates will plunge appeared first on MacroBusiness.

The so-called "coalition of the willing" has opposed any restrictions on the Ukrainian armed forces as part of the deal on settling the Ukraine conflict ahead of the meeting between Russian President Vladimir Putin and US President Donald Trump, a joint statement read.

The $4.9 billion HumeLink transmission line, key to the giant Snowy 2.0 pumped hydro project, is now open to connection enquiries from other wind, solar and battery projects.

EnergyLab CEO Megan Fisher on the vital role start-up funding, mentoring and acceleration is playing in the evolution of consumer energy. Plus the news of the week.

The Housing Industry Association (HIA) has launched a preemptive attack on moves to curb investor tax concessions, such as negative gearing and the 50% capital gains tax (CGT) discount. Chief economist Tim Reardon claimed that “investors are vital to the goal of increasing housing stock”, claiming that “investors typically supply around a third of all

The post Housing industry nonsensical on negative gearing appeared first on MacroBusiness.

The August Statement of Monetary Policy (SoMP) from the Reserve Bank of Australia (RBA), released on Tuesday, forecast that the unemployment rate would decline back to 4.2% before rising gradually to 4.3% over the forward estimates. Today, the Australian Bureau of Statistics (ABS) released the July Labour Force survey, which posted a bounce back in

The post Unemployment falls in line with RBA appeared first on MacroBusiness.

Australia's biggest energy retailer has no short terms plans for new wind and solar, and is hedging its bets on the closure timing of the country's biggest coal generator.

The robots are all in on the AI bubble, but humans are not. The Market Ear. Much more room Equity allocation according to FMS has risen, but we are way below extreme levels. Source: BofA Still depressed Goldman’s equity sentiment indicator of positioning remains depressed. Source: GS Refusing Non dealers continue to refuse buying the

The post AI bubble to the moon! appeared first on MacroBusiness.

The ferrous complex continues on its merry seasonal way. We ought to be near some kind of top here. The price is high enough to draw Indian ore back into the seaborne market, which will immediately have to be pushed back out again once Simandou starts up in November. The seasonal patterns, which are very

The post Iron ore bumps the upper limit appeared first on MacroBusiness.

We’ve gone from avoiding the only productivity question that matters, the impacts of mass immigration on capital shallowing. To a vested interest scramble. To the do-nothing PM shutting it all down. It’s a farce, as it was always going to be, and now we’re focused on just one thing: meeting the centrally planned dwelling construction

The post Productivity roundtable turns housing hampster wheel appeared first on MacroBusiness.