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Renew Economy Friday, March 21, 2025 - 13:02 Source
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MacroBusiness Friday, March 21, 2025 - 13:00 Source

Australians are hurting following an 8% decline in real per capita household disposable income since the Albanese government came into office. Australian households have suffered from an inexorable rises in gas and electricity prices. Australian renters have suffered from a near 50% rise in rents since the pandemic, driven mainly by the surge in net

The post Labor turns household loan shark appeared first on MacroBusiness.

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Renew Economy Friday, March 21, 2025 - 12:52 Source
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Renew Economy Friday, March 21, 2025 - 12:37 Source
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Your Democracy Friday, March 21, 2025 - 12:36 Source

I Spent 3 Days at Jordan Peterson’s Anti-Climate ARC Conference. Here’s What I Saw.The Alliance for Responsible Citizenship is the global far-right Woodstock, with political and thought leaders mingling with the business elite, conservative nobodies — and me.

By Marc Fawcett-Atkinson

 

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MacroBusiness Friday, March 21, 2025 - 12:30 Source

The Victorian government’s financial troubles are widely documented. In 2023-24, the state had the nation’s highest per capita net debt and the lowest credit rating (AA). The trend growth in Victoria’s debt is equally alarming. The two leading international rating agencies, S&P and Moody’s, warned that if debt levels are not managed, Victoria’s credit rating

The post Victoria is the bankruptcy capital of Australia appeared first on MacroBusiness.

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Renew Economy Friday, March 21, 2025 - 12:18 Source
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Renew Economy Friday, March 21, 2025 - 12:13 Source
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MacroBusiness Friday, March 21, 2025 - 12:00 Source

RBA reform has failed. The only reason it was initiated was the central bank’s total failure to forecast the sun coming up for a decade. As I have argued many times, the primary reason for the failure is the self-inflicted fatwa against mentioning immigration. This is central to the perpetuation of the intrinsically corrupt immigration-led

The post RBA bullhawks crash land appeared first on MacroBusiness.

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MacroBusiness Friday, March 21, 2025 - 11:30 Source

The spectacularly biased Peta Credlin wrote and a great piece about Labor energy failures yesterday. Quite apart from all the other problems that the Albanese government has created or exacerbated – the record migration-driven pressures on housing costs and supply, wage suppression and infrastructure overload; the productivity-crushing advances to union power; the green veto on

The post Peta Credlin is the energy superidiot appeared first on MacroBusiness.

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John Quiggin Friday, March 21, 2025 - 11:21 Source

My latest piece in The Conversation is one of six looking at changes in various aspects of Australian life since the turn of the century. Most of it is a recounting of the history, but I have a few things to say at the end about the information economy

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MacroBusiness Friday, March 21, 2025 - 11:00 Source

Three months ago, I questioned why the population numbers contained in the Q3 ABS national accounts differed so widely from the official Q2 population figures released one week later by the ABS: That is, the Q3 national accounts implied 656,000 population growth for 2023–24, versus 552,000 growth in the official quarterly population data. That represented

The post ABS dazed and confused on population appeared first on MacroBusiness.

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xkcd.com Friday, March 21, 2025 - 11:00 Source

This is the biggest breakthrough since astronomers noticed that the little crosshairs around red giant stars starting to burn helium are all the same size.

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Renew Economy Friday, March 21, 2025 - 10:39 Source
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MacroBusiness Friday, March 21, 2025 - 10:30 Source

The Market Ear with an amusing set-up for equities. The humans have turned bearish. The robots want to buy! Massive MOVE Bond volatility has sold off aggressively over the past sessions. Source: Refinitiv SPX and bond volatility We have not seen such a big move lower in bond volatility and SPX not catching bids, at

The post When robots dream of rising stocks appeared first on MacroBusiness.

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THE BLOT REPORT Friday, March 21, 2025 - 10:18 Source

In 1998, gastroenterologist Andrew Wakefield and 12 of his colleagues published a case study in one of the most highly respected medical journals, the UK’s Lancet. This paper suggested that the measles, mumps and rubella (MMR) vaccine may predispose children to behavioural regression and pervasive developmental disorder (i.e. autism). Despite the small sample size of only 12 individuals, the lack of controls, and the speculative nature of the conclusions, the paper received wide publicity, and MMR vaccination rates began to drop because parents were concerned about the risk of autism after vaccination1.

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MacroBusiness Friday, March 21, 2025 - 10:00 Source

I have repeatedly labelled the Australia-United States Free Trade Agreement (AUSFTA) a terrible deal for Australia that massively favours the US and disadvantages Australia. The Crawford School of Public Policy at the ANU conducted a study of the Australia-US FTA, and found that a decade after signing, the agreement has diverted more trade than it

The post Australia should tear up FTA with the USA appeared first on MacroBusiness.

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MacroBusiness Friday, March 21, 2025 - 09:30 Source

The jaws are getting stupid as steel prices are in free fall. This gap is destroying steel mill profitability. They are not overstocked with ore but they’ll need to run even tighter inventories soon to cut the price of inputs. The news flow is awful. The European Union will tighten steel import quotas to reduce

The post Iron ore is going to break… appeared first on MacroBusiness.

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MacroBusiness Friday, March 21, 2025 - 09:29 Source

DXY is maybe going to bounce. AUD got an RBA wake up call from jobs. Lead boots continue to stroll to Mar-A-Lago. Oil CTAs threatening. Sell copper before Goldman does. Big miners caput. EM meh. Junk serene is bad news for stocks. Yields eased though. As did stocks. RBA futures have nearly added three cuts

The post Australian dollar sinks with jobs appeared first on MacroBusiness.

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Your Democracy Friday, March 21, 2025 - 09:26 Source

America's big tech sector is lobbying the Trump administration to take up a new fight with the Australian government — over its rules governing social media and streaming services. 

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MacroBusiness Friday, March 21, 2025 - 09:00 Source

Last night saw the Bank of England and Swiss Central Bank meetings, the latter cutting while the former is looking to ease soon as concerns over the Trump Trade War continue to mount across the financial complex. Wall Street pulled back slightly while European stocks had a broader selloff albeit still near their recent highs.

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Friday, March 21, 2025 - 08:00 Source

Thursday’s labour market release from the Australian Bureau of Statistics (ABS) was superficially good, with the headline unemployment rate remaining at a low 4.1% in February (4.05% in unrounded terms). This meant that Australia’s headline unemployment rate remained slightly below the Reserve Bank of Australia’s (RBA) projections. That was where the good news ended, however,

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MacroBusiness Friday, March 21, 2025 - 07:00 Source

China (31.5% of total), the United States (13.0% of total) and India (8.1% of total) are the world’s three largest carbon emitters. In 2023, these three nations accounted for more than half (52.6%) of the world’s carbon emissions. As illustrated above, China and India are rapidly growing their emissions while the developed world is cutting

The post Should Australia abandon net zero? appeared first on MacroBusiness.

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The Tally Room Friday, March 21, 2025 - 07:00 Source

Ben is joined by Ben Moffitt from Monash University to discuss the role of right-wing minor parties in federal politics, why it is so hard for them to work together, and chances in the Senate. We also discuss the seat of Hunter in New South Wales.

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Your Democracy Friday, March 21, 2025 - 06:57 Source

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Your Democracy Friday, March 21, 2025 - 06:33 Source

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MacroBusiness Friday, March 21, 2025 - 00:05 Source

As we know, Australian industry has been dying for decades. So much so that we leading the OCED into industrial oblivion. Now, the death of Australian industry is at hand. Bloomberg. Near the Indonesian city of Surakarta, a one-time royal capital on the island of Java that’s long been known for producing elaborate fabrics, dozens

The post The death of Australian industry is at hand appeared first on MacroBusiness.

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Renew Economy Thursday, March 20, 2025 - 18:15 Source
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Your Democracy Thursday, March 20, 2025 - 18:09 Source

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Renew Economy Thursday, March 20, 2025 - 17:43 Source
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