MacroBusiness
Friday, August 29, 2025 - 12:00
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Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen looks at the difference between GDP and company profits, discussing when you can get divergences and how investors should think about returns. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at The post MB Fund Podcast: Real Economy VS Stock Market Economy appeared first on MacroBusiness. |
Renew Economy
Friday, August 29, 2025 - 11:55
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THE BLOT REPORT
Friday, August 29, 2025 - 11:41
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As a concept, the sovereign citizen movement, individuals identifying as sovereign citizens or something similar have existed in Australia for decades. These beliefs have been manifest in the various ways these people attempt to dissociate themselves from societal structures1. These range from eccentrics like Prince Leonard of ‘Hutt River Province’ who attempted to set up his own ‘micronation’ on a remote bit of land, even to the extent of creating his own flag, currency and stamps2, to extreme libertarians who choose not to pay taxes or to get such things as drivers’ licences1. |
MacroBusiness
Friday, August 29, 2025 - 11:30
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Below is another brilliant guest post from MB reader Erin Rolandsen, CEO of Angelassist. Erin’s previous articles can be read here and here. Australia is facing a dangerous moment in its democratic life. On one side we have the word “immigration” being censored by bureaucrats. On the other side, we have extremists who want to The post The March for Australia, identity politics and immigration appeared first on MacroBusiness. |
MacroBusiness
Friday, August 29, 2025 - 11:00
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The chair of the government’s National Housing Supply and Affordability Council (NHSAC), Susan Lloyd-Hurwitz, who is a former chief executive of property developer Mirvac, has warned that Australia faces a generational housing crisis. Lloyd-Hurwitz said that while there is no easy fix to the housing crisis, governments “should be building more social housing to take |
MacroBusiness
Friday, August 29, 2025 - 10:30
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Why would you invest in Australia? There’s no need. The mass immigration economic model provides topline growth and cheap foreign labour manages your margins. It’s nirvana for the 1%, especially when you throw in the mushrooming cheap personal grooming sector. And so, there is no investment growth in Australia to match the expanding population. From The post AI investment all there is appeared first on MacroBusiness. |
MacroBusiness
Friday, August 29, 2025 - 10:00
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Earlier this week, Alan Kohler penned an article at the ABC arguing that immigration was the key issue missing from the federal government’s productivity roundtable held last week in Canberra. Kohler noted that “at least 800,000 more people came to live in Australia over the past four years than Treasury anticipated. That’s more than three extra The post Australia will remain a productivity wasteland appeared first on MacroBusiness. |
xkcd.com
Friday, August 29, 2025 - 10:00
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Renew Economy
Friday, August 29, 2025 - 09:51
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Renew Economy
Friday, August 29, 2025 - 09:47
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MacroBusiness
Friday, August 29, 2025 - 09:30
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Cecile Wake is Shell Australia country chair and executive vice president Integrated Gas Australia. She has pumped more industry propaganda at The AFR: This year alone, Australia’s natural gas industry will deliver $21.9 billion in taxes and royalties—on par with the nation’s biggest banks and miners. But this success story is under threat. Queensland LNG The post Gas cartel pumps lies appeared first on MacroBusiness. |
MacroBusiness
Friday, August 29, 2025 - 09:00
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Despite an upwardly revised 2Q GDP print and solid initial jobless claims in the US overnight, the USD continued its selloff with weaker international demand for US Treasuries also not helping. Wall Street rose to new record highs lead by tech stocks again while European shares continue to stumble through the French political imbroglio. The The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Friday, August 29, 2025 - 08:24
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MacroBusiness
Friday, August 29, 2025 - 08:00
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According to Cotality (formerly CoreLogic), the average home in Australia is now valued at around $1,020,000. This makes Australian housing among the most expensive in the world. Australian housing was valued at 4.14 times the size of the Australian economy in Q1 2025, nearly double its value in the 1990s. By way of comparison, the US The post Australia doesn’t need a bigger housing bubble appeared first on MacroBusiness. |
Your Democracy
Friday, August 29, 2025 - 07:43
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On 15 August, US President Donald Trump and Russian President Vladimir Putin met in Alaska, the first head-of-state meeting between the two countries since the Ukraine War began. It was widely panned as a “shameful” and “vomit-inducing” episode where Putin apparently came out on top.
Taking a win from Alaska |
Your Democracy
Friday, August 29, 2025 - 07:28
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Just when you think that the Australian Government cannot sink any lower, the prime minister still manages to surprise!_
Gaslighting the electorate, virtue signalling to our ‘partners’
We have now been made aware of accusations that the Republic of Iran was involved in two antisemitic “incidents” in Australia. |
Renew Economy
Friday, August 29, 2025 - 06:47
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Your Democracy
Friday, August 29, 2025 - 05:55
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It is a dilemma... Swiss banks that used to profit from Russian oligarchs cash, had to support the sanctions imposed by the USA and Europe against Russia — for "Russia's invasion of Ukraine"... As well, the origin of some cash from other sources (EU, UK, USA) may be more dirty than profits made by the Russians. Ukraine's elite is siphoning a huge amount of the cash given to Ukraine by its "allies"... Where does the money go? Dubai? Switzerland?... |
MacroBusiness
Friday, August 29, 2025 - 00:05
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For almost two decades, household formation rates for 25 to 34-year-olds have been tanking. The decline kicked off as the impact of the new ‘Big Australia’ migration intake began dramatically impacting the rental market in the final years of the Howard government. As the ABS chart below illustrates, between mid-2005 and mid-2008, asking rents in The post Housing crisis momentarily fixed? appeared first on MacroBusiness. |
Your Democracy
Thursday, August 28, 2025 - 22:03
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German chancellor Friedrich Merz has made a moderate media splash and ruffled some feathers in his own ruling coalition with the Centrist Social Democrats (SPD). Using the platform of a regional party congress of his CDU Conservatives in Niedersachsen, Merz has delivered a speech that immediately attracted national attention and will be remembered for one phrase.
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Cheeseburger Gothic
Thursday, August 28, 2025 - 16:58
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I finally stopped nitpicking the World War 3.2 manuscript long enough to send a proof copy to my rock-steady crew at Patreon. If that includes you, check your email for the freebie. That took a lot longer than expected, mostly through my own choices. As soon as I decided to go wild and write as many fucking words/chapters/books/whatever as I needed to finally wrap this thing up, my outline for 3.2 became obsolete. I started asking myself, since space was no longer an issue, where could I go with this thing? |
MacroBusiness
Thursday, August 28, 2025 - 16:30
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Asian share markets are in a mixed mood that is being reflected by Wall Street futures off slightly despite the better than expected NVIDIA results after the close with European shares also looking to open flat. The USD is losing ground against all the majors again as fears over the loss of independence at the The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Thursday, August 28, 2025 - 14:31
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Renew Economy
Thursday, August 28, 2025 - 14:29
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Renew Economy
Thursday, August 28, 2025 - 14:24
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Renew Economy
Thursday, August 28, 2025 - 14:23
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Renew Economy
Thursday, August 28, 2025 - 14:15
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MacroBusiness
Thursday, August 28, 2025 - 14:00
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Paul Keating is ejaculating as Chinese propaganda runs riot. The Australian. “As the Pentagon is now reviewing the AUKUS security pact between the United States, the United Kingdom and Australia, Canberra needs to decide whether it is still ready to push ahead with this US-led project that goes against its own national interests in many aspects,” the The post China and America battle for Australia’s soul appeared first on MacroBusiness. |
Renew Economy
Thursday, August 28, 2025 - 13:33
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MacroBusiness
Thursday, August 28, 2025 - 13:30
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Deutsche this time. Nature of the USD move shifting to a more AUD-supportive one:As we’ve noted, a key reason for AUD’s lack of ‘high-beta’ status earlier in the year (when wer emained neutral), and our later shift to be being more bullish has been the changing volatility or risk context. For the most part, the The post Another major bank piles into Australian dollar appeared first on MacroBusiness. |