Blogotariat

Back in 2022, when Australia was reeling from a historic gas price shock as East Coast energy cartels war-profiteered the invasion of Ukraine, Resources Minister Mad King was dispatched to bring them into line. Instead, the cartel snowed the minister in a matter of hours as she came away with a deal that guaranteed the

The post Mad King flies into energy cartel bosom appeared first on MacroBusiness.

CoreLogic’s housing market report revealed that national asking rents rose by 0.2% in October, with annual growth slowing to 5.8%. This represented the smallest annual increase in rents since the year ended April 2021. CoreLogic noted that the “easing in rental growth is good news for inflation” given that rents comprise one of the largest

The post Stalling rental growth is great news for inflation appeared first on MacroBusiness.

The Market Ear with equity market internals. Time to welcome fear? We have seen the biggest pullback in CNN’s greed/fear index in a while. CNN SOX – make or break SOX is down to the short term trend line that has been in place since August lows. Note we are breaking below the 200 day

The post Greed turns to fear appeared first on MacroBusiness.

Danish giant is seeking approval to build a massive wind farm in southern New South Wales that would combine up to 348 turbines and two four-hour big batteries.

The Department of Home Affairs released temporary visa data for the September quarter of 2024, revealing that there were 2,463,600 temporary visa holders in Australia, excluding visitors, at the end of September. This was an all-time high for the September quarter and a 163,600 rise over the same time in 2023. There were also nearly

The post Indians drive record surge in temporary visas appeared first on MacroBusiness.

Albo A.K.A Klepto has a tin ear: Prime Minister Anthony Albanese has moved to calm ministerial colleagues about the Qantas flights saga, insisting at a meeting of his entire ministry on Wednesday that he has his house in order and is the victim of an unfair media campaign. …Albanese told his ministers that expenses scandals

The post Tin-eared Klepto flies all his mates for free appeared first on MacroBusiness.

George Beebe, long-time head of Russia analysis at the CIA, a 27-year veteran of the agency and now the current head of Grand Strategy at the Quincy Institute in Washington, is just the kind of American the world needs right now. Understated, immensely knowledgeable and decent, he understands the Russo-Ukraine war in its widest sense and says three options remain open, only one that does not risk disaster for us all.

'Two Genocidaires v. the World': US, Israel Oppose Lifting Cuba Blockade"The world has spoken—it's time for the U.S. to listen and lift the blockade."

Why is EU’s rotating presidency praising a country that flipped off the bloc?Hungary’s Viktor Orban has congratulated Georgia on an election that saw the pro-Western party lose

BY Rachel Marsden

Hungarian Prime Minister Viktor Orban took a break this week from annoying the EU establishment at home to annoy it abroad.

DXY is suddenly struggling as election doubts surge: Respite for AUD: North Asia got the memo: Is gold an equity now? The Crap Complex buckled. Dirt down: Miners down: EM down: Junk down: The yield curve is flattening out. Enough damage done in the sell off? Stocks think so: It’s not easy to distinguish the

The post Australian dollar defies the triple threat appeared first on MacroBusiness.

An investigation from the Australian Financial Review’s Michael Read showed that the proportion of taxpayers declaring rental income has fallen over the last decade: As shown above, the share of investors more than quadrupled from 5% of taxpayers in 1980 to a peak of 21% by 2014. It has since fallen to around 19%. The

The post Australians sour on residential real estate appeared first on MacroBusiness.

Cameron Murray’s The Great Housing Hijack is self-recommending. You certainly don’t need a review of any sort to tell you to go read it if you have any interest in the peculiar case of the housing market. Nevertheless, here I supply my own review of sorts and extrapolate on what I consider a couple of Murray’s core points.

The Great Housing Hijack in Miniature