Blogotariat

Oz Blog News Commentary
Renew Economy Wednesday, March 12, 2025 - 07:30 Source
Read more Views: 123
Your Democracy Wednesday, March 12, 2025 - 06:38 Source

US National Security Advisor Mike Waltz has announced that he will get in touch with his “Russian counterpart” in the coming days to discuss a potential settlement to the Ukraine conflict.

The official made the remark following negotiations with a Ukrainian delegation, who reportedly agreed to Washington’s proposal for an interim ceasefire.

Read more Views: 133
MacroBusiness Wednesday, March 12, 2025 - 00:05 Source

The Australian Bureau of Statistics (ABS) released its Q4 national accounts last week, which was a disaster for households. While the overall economy finally exited the 21-month per capita recession, real per capita household consumption declined for a record eighth consecutive quarter. The income side of the ledger was even worse. Annual real per capita

The post Australian household incomes collapse appeared first on MacroBusiness.

Read more Views: 166
Your Democracy Tuesday, March 11, 2025 - 21:53 Source

The news has become intolerable and inhumane. Democracy’s vital feedback mechanism is broken

It is little wonder that people are turning off the news in record numbers. The images are often unwatchable, the descriptions beyond imagining, the scale incomprehensible.

Everywhere you look the cruelty of the human spirit is on display.

 

Read more Views: 174
Renew Economy Tuesday, March 11, 2025 - 19:12 Source
Read more Views: 216
MacroBusiness Tuesday, March 11, 2025 - 16:49 Source

      AUD/USD     EUR/USD     USD/JPY     GBP/USD     Gold     WTI     Brent     Australia 200     US S&P 500     UK 100     Japan 225  

The post Macro Afternoon: 11 March 2025 appeared first on MacroBusiness.

Read more Views: 149
Your Democracy Tuesday, March 11, 2025 - 15:46 Source

Syrian security forces are alleged to have executed dozens of people belonging to the Alawite minority in the coastal province of Latakia, according to a war monitoring group.

Read more Views: 158
Renew Economy Tuesday, March 11, 2025 - 15:20 Source
Read more Views: 213
Renew Economy Tuesday, March 11, 2025 - 15:10 Source
Read more Views: 160
Renew Economy Tuesday, March 11, 2025 - 14:54 Source
Read more Views: 147
Renew Economy Tuesday, March 11, 2025 - 14:47 Source
Read more Views: 138
Renew Economy Tuesday, March 11, 2025 - 14:45 Source
Read more Views: 153
Renew Economy Tuesday, March 11, 2025 - 14:21 Source
Read more Views: 136
MacroBusiness Tuesday, March 11, 2025 - 14:00 Source

Elon Musk’s association with the Trump Administration has contributed to the tanking of Tesla sales across the globe. According to CarScoops, Tesla sales in Norway fell 44.4% in January through February, while in Germany, Tesla sales fell 76.3% in February compared to the same month in 2024. The picture becomes even bleaker when you realise

The post Tesla drives crash in EV sales appeared first on MacroBusiness.

Read more Views: 222
MacroBusiness Tuesday, March 11, 2025 - 13:30 Source

Alex Joiner, chief economist at IFM Investors, has published a series of charts illustrating the explosive growth in non-market (government-aligned) employment, which has pulled down the nation’s productivity. The following chart shows that since Q1 2023, 658,071 jobs have been added in the non-market sector versus only 135,880 jobs in the market sector. This means

The post Australia’s economy is a productivity desert appeared first on MacroBusiness.

Read more Views: 205
MacroBusiness Tuesday, March 11, 2025 - 13:00 Source

This is about as surprising as Canberra being stupid. Goldman. CPI and PPI deflation in February:China’s February CPI and PPI inflation came in at-0.7% yoy and -2.2% yoy, respectively. Much of the CPI weakness came from thefalling demand post-Lunar New Year: food price inflation fell to -3.3% yoy (vs. +0.4%in January) and tourism price inflation

The post Chinese depression leads to war appeared first on MacroBusiness.

Read more Views: 206
MacroBusiness Tuesday, March 11, 2025 - 12:30 Source

The past year has seen plenty of propaganda from the property industry warning that the decline in property investment in Victoria arising from the government’s land tax hikes will harm renters. Indeed, rental bond data from the Victorian Government showed a record decline of 24,726 rental properties (3.6% of total stock) in the year to

The post Melbourne has become a renters’ oasis appeared first on MacroBusiness.

Read more Views: 137
MacroBusiness Tuesday, March 11, 2025 - 12:00 Source

By Dr Cameron Murray and Aidan Morrison, cross-posted from Fresh Economic Thinking. How Australia’s electricity market got POLITICAL and cost us BILLIONS Why didn’t our experts get the same answers as those abroad on the cheapest way to generate and distribute electricity? Australians will pay hundreds of billions of dollars for new investment in the

The post Australians will pay for the politicisation of energy appeared first on MacroBusiness.

Read more Views: 135
Renew Economy Tuesday, March 11, 2025 - 11:52 Source
Read more Views: 137
MacroBusiness Tuesday, March 11, 2025 - 11:30 Source

Crikey wraps the controversy. In case you missed the back and forth yesterday, US President Donald Trump has been a touch annoyed at former Liberal PM Malcolm Turnbull telling Bloomberg the 78-year-old was “chaotic, rude, abusive and erratic” and his treatment of America’s allies would ultimately benefit China. Responding on his Truth Social platform, Trump

The post Let a thousand Malcolm’s bloom appeared first on MacroBusiness.

Read more Views: 146
Your Democracy Tuesday, March 11, 2025 - 11:02 Source

US President Donald Trump has reportedly been exploring ways to ease sanctions on Russia as part of a broader effort to facilitate peace negotiations over Ukraine, Bloomberg has reported.

Read more Views: 167
MacroBusiness Tuesday, March 11, 2025 - 11:01 Source

Last month, the Australian Population Research Institute (TAPRI) released its survey on voter attitudes, which, among other things, showed that the overwhelming majority of voters do not support recent high levels of immigration or a Big Australia. Only 11% of the electorate support the current high migration settings, whereas 80% want lower migration numbers. TAPRI’s

Read more Views: 189
MacroBusiness Tuesday, March 11, 2025 - 11:00 Source

But still afraid. Westpac. • Westpac Consumer Sentiment Index up 4% to 95.9 in March. • Slowing inflation and rate cut lift confidence to three-year high. • Unsettling overseas news looks to be weighing on the outlook for the economy. • Sentiment towards major purchases showing a promising improvement. • Consumers’ own finances stabilising and

The post Consumers less afraid appeared first on MacroBusiness.

Read more Views: 134
MacroBusiness Tuesday, March 11, 2025 - 10:30 Source

Last month, Australian journalist Matt Bell published the following article on the nation’s purported “skills crisis.” This was based on a report from recruitment firm Hays, which found that 85% of hiring managers grappled with “skills gaps” that continue to worsen despite a softer market and historically strong immigration. However, as shown recently by Greg

The post Australian labour shortages are a mirage appeared first on MacroBusiness.

Read more Views: 141
MacroBusiness Tuesday, March 11, 2025 - 10:00 Source

What is the worst idea you can think of for Australia’s failed East Coast gas market? How about government’s underwriting LNG imports that will raise your bills 80%? You got it! The Australian. A Victorian government-led proposal to underwrite LNG imports could hike domestic gas prices and introduce a fresh risk of political intervention in

The post Government embraces gasmageddon appeared first on MacroBusiness.

Read more Views: 122
MacroBusiness Tuesday, March 11, 2025 - 09:30 Source

The Market Ear on the roaring bear. Equity vs bond panic VIX has left bond volatility behind. Source: Refinitiv Not all “panic” is equal VIX continues surging, but skew continues to do very little. A notable volatility “anomaly”. Source: Refinitiv Term structure panic VIX term structure exploding even higher, with the short end of the

The post No blood in the streets appeared first on MacroBusiness.

Read more Views: 129
Renew Economy Tuesday, March 11, 2025 - 09:18 Source
Read more Views: 131
Your Democracy Tuesday, March 11, 2025 - 09:09 Source

Donald Trump pitched a deal to the bosses of America’s Big Oil firms last year. Over a dinner of chopped steak at Mar-a-Lago in April, he told his guests: “You all are wealthy enough,” The Washington Post reported him as saying, “that you should raise $US1 billion to return me to the White House.”

Read more Views: 117
MacroBusiness Tuesday, March 11, 2025 - 09:00 Source

It’s risk off across stock markets as Trump goes all Lord Farquaad aka Paul Keating admitting a US recession is all but coming due to his tariffs taunts with Wall Street falling more than 2% across the board with the NASDAQ falling 4% in one session! So much winning! European stocks are feeling the heat

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 118
Your Democracy Tuesday, March 11, 2025 - 08:59 Source

The Australian War Memorial has dismissed calls to stop taking money from the world's largest weapons manufacturers, despite outrage from critics and historians that it defiles the commemoration of the nation's war dead.

A Four Corners investigation has also found that the memorial's chairman, and former politician, Kim Beazley has paid roles with two multinational arms companies.

Read more Views: 127

Pages