Blogotariat

Marinus business case reveals steep hikes in fees for big business and other users, as opponents vent their anger over investment and environmental approvals.

Canada experienced a boom in temporary migrants over recent years, which helped drive up rental inflation to astonishing levels. As a result, temporary migrants hit a record 7% share of Canada’s population in mid-2024, which the government has promised to reduce to 5% by the end of 2027. Now spare a thought for Australia, whose

The post Australia has too many temporary migrants appeared first on MacroBusiness.

Anti-Americanism is an irrational bias. It’s a bit like racism. A prejudice against a people stemming from phobia, not reason. Australians suffer from it a lot, owing to the chip on their shoulder, none more so than Peter Lewis at The Guardian. That deal was to allow Australia to access US-UK nuclear technology delivering long-range

The post Peter Lewis welcomes his new Chinese overlord appeared first on MacroBusiness.

It’s thrust and counter-thrust in the great rent-seeking debate of our time: The PC has launched its allegedly radical plan to boost productivity via cash flow tax.  The Productivity Commission has revealed an ambitious plan to slash the income tax rate to 20% for all but the very largest Australian companies. For businesses earning between

The post The war for productivity appeared first on MacroBusiness.

Victoria disease is killing Australia. The malady of permanent Labor governments leading to excessive immigration, falling living standards via the labour market expansion economic model, woke policy fixations, and capitulation to China is fatal in the long run. Alas, the primary symptom of the disease is brainwashing, so nobody can see it, let alone cure

The post Victoria disease infects foreign policy appeared first on MacroBusiness.

Bear season starts with a bang. The Market Ear. Average August angst Nasdaq closing below its 20 day moving average for the first time since April. The last time the Nasdaq 100 QQQ fell 2%+ on the first trading day of August was… last year. The QQQs actually fell 2%+ on each of the first

The post Bear season starts with a bang appeared first on MacroBusiness.

S&P Global has advised the Victorian government that its credit rating will not be downgraded from ‘AA’, as it has been assured by the government that it will “control operating costs ahead of the 2026 election, deliver promised cost savings, and slow growth in debt”. However, S&P noted that the Victorian government’s financial management has

The post Victoria threatened with credit rating downgrade appeared first on MacroBusiness.

From this morning’s walk and talk around the park:

Slim Jim looked up and sure enough, he spotted the two really big drones that were constantly circling around the site, keeping an eye on it. They were massive, and not that high up, but he couldn’t hear them. What he could hear was the gnat-like buzz of the much smaller drones they were building and testing out here, the same model he’d been playing with at the pool party in the previous chapter.

Sometimes the dictation AI isn’t quite as intelligent as I assume.

Goldman with the note. For much of the week, our Dollar views were on the wrong side of market moves, but the substantial revisions to the employment situation should, in turn, revise the emerging narrative that the FX reaction to tariffs has changed again. On the tariff narrative, we see three key aspects to our

The post Australian dollar whiplash appeared first on MacroBusiness.

Well that was an interesting Friday night with the much anticipated non-farm payroll AKA US unemployment print shocking to the downside, with further revisions to prior month prints finally revealing the impact of the Trump regime’s tariff on the domestic economy. Coupled with the passing of the August 1st tariff “deadline” and King Trump spitting

The post Macro Morning appeared first on MacroBusiness.

I believe that the video-sharing platform YouTube is one of the greatest educational tools available. I use YouTube daily to solve a variety of problems and learn information. My 14 year-old daughter has used YouTube ‘How-to’ videos to learn arts and crafts, solve maths problems, fix her phone and computer, learn about history, learn how

The post Australia is a nation of eKarens appeared first on MacroBusiness.

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.