Renew Economy
Thursday, August 7, 2025 - 13:18
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MacroBusiness
Thursday, August 7, 2025 - 13:00
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One of Australia’s most significant educational policy failures was the gradual closure of secondary technical schools between the 1970s and 1990s, driven by the mistaken belief that young people should attend university. The mistakes were then compounded when governments redirected funding for vocational education and training (VET) to universities, alongside redirecting what little VET funding |
MacroBusiness
Thursday, August 7, 2025 - 12:30
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The ferrous complex is still easing after the recent ill-conceived push. The outlook remains weak. The big event refers to a September 3 Beijing ceremony, commemorating the 80th anniversary of the end of World War Two. Chinese steelmakers, especially those in the northern region, usually constrain production before big events to ensure air quality in The post China is the new “widowmaker” trade appeared first on MacroBusiness. |
Your Democracy
Thursday, August 7, 2025 - 12:13
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What happens when Jordan Peterson and Naftali Bennett get together to defend the indefensible? From distorted narratives to blatant hypocrisy in an effort to justify positions that so many see as morally bankrupt. Watch now and learn why their narrative must be challenged https://www.youtube.com/watch?v=zGbn7cJ0L68
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MacroBusiness
Thursday, August 7, 2025 - 12:05
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Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, look at a number of concerns that investors have about market concentration. The two big ones: (1) With almost 40% of the US market in the hands of just 10 stocks (2) at the same time the amount of money in passive stocks The post MB Fund Podcast: Market Concentration Risks appeared first on MacroBusiness. |
MacroBusiness
Thursday, August 7, 2025 - 12:00
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These poor folks at the ABC are a leading indicator. Regional Victorian residents in 10 towns reliant on standalone gas networks are in shock after learning their supply will be cut off by the end of next year. Solstice Energy has announced it will phase out its compressed natural gas (CNG) networks in Robinvale, Swan The post Gasmageddon alarm blares in Victoria appeared first on MacroBusiness. |
MacroBusiness
Thursday, August 7, 2025 - 11:30
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What is the wokester to do when his great enemy, Trump, tries to end wars? Simple! Abandon the suffering to protect his virtue. Wokey is just awful these days. Talking of chaos, there is yet more tariff news (at the time of writing it is top of the ABC, Reuters, The New York Times, The Wall Street Journal, CNN, BBC, and The post Crikey appalled by ending Ukraine War appeared first on MacroBusiness. |
MacroBusiness
Thursday, August 7, 2025 - 11:00
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UN climate chief Simon Stiell jetted into Australia to blame us for the world’s climate woes. Stiell claimed that Australia will let the world “overheat” and stated that fruit will be a “once-a-year treat” if the Albanese government doesn’t lift its clean-energy ambitions. He also warned that unambitious interim targets would destroy Australia’s “high living The post UN should attack China on climate, not Australia appeared first on MacroBusiness. |
MacroBusiness
Thursday, August 7, 2025 - 10:30
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The Market Ear on gold. UBS on gold 1. World gold Council’s 2Q data shows a slight slowdown in central bank gold buying, but 43% of reserve managers still plan to increase holdings (vs. 29% in 2024). 2. Investment demand is strong, led by ETFs and bar/coin buying. 3. De-dollarization, sanctions, Fed doubts, and geopolitics The post Gold done or just getting started? appeared first on MacroBusiness. |
MacroBusiness
Thursday, August 7, 2025 - 10:00
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Millie Muroi from The SMH noted that Australians are working more hours to compensate for declining productivity. “Given productivity—the amount of goods and services produced for a given level of resources, including hours worked—has stagnated over the past decade, Australians may be compensating by putting in more legwork”, she wrote. “According to the OECD, Australians The post Australians are working longer, not smarter appeared first on MacroBusiness. |
Renew Economy
Thursday, August 7, 2025 - 09:44
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Renew Economy
Thursday, August 7, 2025 - 09:37
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The Tally Room
Thursday, August 7, 2025 - 09:30
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Now that we have the final booth results for the Tasmanian state election, I’ve decided to add another chapter to a series of blog posts analysing the geographic trends of individual candidates within each party within each electorate. You can read my blog posts about the 2021 election and the 2024 election here. I’ve also done similar analyses for ACT elections. |
MacroBusiness
Thursday, August 7, 2025 - 09:30
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The Albanese government cannot be trusted on immigration. In 2023, former Home Affairs Minister turned Housing Minister Clare O’Neil delivered a keynote address to the AFR Workforce Summit, where she bemoaned the blowout in temporary migrants under the former Coalition government: Today, really for the first time in our modern history, our uncapped, unplanned temporary |
MacroBusiness
Thursday, August 7, 2025 - 09:00
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Risk markets moved on geopolitical and outright political shenigans overnight with Apple pushing the NASDAQ over 1% higher while possible good news over Ukraine – via the US bullying India into submission over its Russian oil purchases – and more speculation about changes at the US Federal Reserve kept the USD significantly weak. Only Yen The post Macro Morning appeared first on MacroBusiness. |
MacroBusiness
Thursday, August 7, 2025 - 08:00
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DXY is dropping again. Sticking with the recent rally pattern, AUD is not rising as fast. Lead boots are stable. Gold is firm, oil weak. Metals tracked DXY. Big bear intact. EM rebound. Junk too. Yields firmed. BTFD! The AUD has resumed rising with broader risk. Or, should we say, resumed inflating with the broader The post Australian dollar inflates with the bubble appeared first on MacroBusiness. |
Your Democracy
Thursday, August 7, 2025 - 07:33
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Those with a regard for their welfare would do well not to get between ASIO chief, Mike Burgess, and a soapbox. |
Your Democracy
Thursday, August 7, 2025 - 06:34
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US President Donald Trump praised the outcome of a meeting between his Russia counterpart, Vladimir Putin, and US special envoy Steve Witkoff, calling it “very productive.” Both sides will work on ending the Ukraine conflict “in the days and weeks to come,” the American leader wrote in a post on Truth Social on Wednesday. According to Trump, “great progress”was achieved at the meeting in Moscow earlier in the day. |
Your Democracy
Thursday, August 7, 2025 - 04:54
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Renew Economy
Thursday, August 7, 2025 - 01:16
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MacroBusiness
Thursday, August 7, 2025 - 00:05
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On the 16th of June 2015, Donald Trump declared that he was going to run for the presidency of the United States. At the time, it was a source of jokes for late-night hosts and a target of ridicule by Democrats riding high following two consecutive strong presidential election victories for Barack Obama. For those The post Trump’s appeal and the rise of political extremism appeared first on MacroBusiness. |
Your Democracy
Wednesday, August 6, 2025 - 17:56
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‘Absolutely the best ship’: Japan wins $10bn contract to grow Australia’s war fleetThree Mogami-class frigates part of wider deal to replace ageing Anzac-class frigates and give navy a more lethal surface combatant fleet Japan’s Mitsubishi Heavy Industries has beaten a German rival in the race to build Australia’s new fleet of warships, with the federal government expecting the first to be ready for service by 2030. |
MacroBusiness
Wednesday, August 6, 2025 - 16:00
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Green across the board for Asian stocks today despite the poor lead from Wall Street overnight, basically on speculation that the US Federal Reserve is likely to ease in September against dwindling domestic conditions in the US economy. The USD lost further ground against the majors particularly Kiwi but also the Australian dollar which has The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Wednesday, August 6, 2025 - 15:42
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Renew Economy
Wednesday, August 6, 2025 - 15:37
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Your Democracy
Wednesday, August 6, 2025 - 14:52
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“Hey, get down from there!” Quick, am I talking to a cat, a child, or the president of the United States? If you guessed the president, you’d be right. For some reason, Donald Trump got on the roof of the White House briefing room on Tuesday and just sort of ambled around for a bit while shouting to reporters down on the ground. |
Renew Economy
Wednesday, August 6, 2025 - 14:38
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MacroBusiness
Wednesday, August 6, 2025 - 14:00
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The Market Ear on the stock stall. SPX levels SPX is trading inside the trend channel that has been in place since late May. Short term support at 6300 (futures), which is the lower part of the channel. 50 day comes in around the 6200 area. Resistance: ATHs. Source: LSEG Workspace NASDAQ levels NASDAQ is The post Stocks out of fuel appeared first on MacroBusiness. |
Renew Economy
Wednesday, August 6, 2025 - 13:48
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MacroBusiness
Wednesday, August 6, 2025 - 13:30
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Statistics New Zealand on Tuesday released Q2 labour force data, which reported a decline in employment and a rise in both unemployment and underemployment. As illustrated below by Justin Fabo from Antipodean Macro, overall employment in New Zealand declined by 0.1% in Q2 and was 0.9% lower over the year. New Zealand’s unemployment rate rose The post Reserve Bank to slash rates to ward off mass unemployment appeared first on MacroBusiness. |