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Renew Economy Monday, March 3, 2025 - 13:21 Source
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Renew Economy Monday, March 3, 2025 - 13:11 Source
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MacroBusiness Monday, March 3, 2025 - 13:00 Source

The latest rental vacancy report from SQM Research showed that the nation’s vacancy rate fell to 1.0% in January 2025, down 0.1% from a year earlier. “The sharp decrease in rental vacancies strongly indicates Australia’s rental market crisis is not over and has potentially deteriorated at the start of 2025”, SQM Research noted. SQM Research

The post Australian renters have been bled dry appeared first on MacroBusiness.

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MacroBusiness Monday, March 3, 2025 - 12:30 Source

Here are some sensible words. NATO Secretary General Mark Rutte told Ukrainian President Volodymyr Zelenskiy to repair his relationship with US counterpart Donald Trump after a public spat at the White House on Friday. …Qualifying the incident as “very unfortunate,” Mark Rutte said in an interview with the BBC that he’s spoken to Zelenskiy twice

The post The Zelensky lesson: Pull Rudd appeared first on MacroBusiness.

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MacroBusiness Monday, March 3, 2025 - 12:00 Source

This is how catastrophic the East Coast gas cartel will become if left to its own devices. Competition cop Gina Cass-Gottlieb has picked a fight with Australia’s top energy companies over data she says shows they are planning to increasingly use gas produced for domestic purposes to meet commitments to foreign buyers. Queensland’s three major

The post That giant sucking sound is the gas cartel in your wallet appeared first on MacroBusiness.

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Renew Economy Monday, March 3, 2025 - 11:45 Source
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MacroBusiness Monday, March 3, 2025 - 11:30 Source

Victoria has been a stronghold for the Labor Party in recent federal and state elections. In the 2022 federal election, Labor won 24 of 39 Victorian seats and 54.83% of the two-party preferred vote. However, in the forthcoming election, Victoria will become a serious problem for the Albanese government. Poll Bludger shows a 5.4% swing

The post Victoria may decide the federal election appeared first on MacroBusiness.

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MacroBusiness Monday, March 3, 2025 - 11:00 Source

It had to happen. Amid so much uncertainty around China, what was iron ore doing near $110? There is a little better news over the weekend but hardly game-changing. The Chinese manufacturing PMI flopped into expansion. The services PMI remains very weak. Though construction bounced, in rather unconvincing fashion. There is the NPC this week,

The post Iron ore jaws snap shut appeared first on MacroBusiness.

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The Tally Room Monday, March 3, 2025 - 11:00 Source

The scale of Labor’s victory in 2021 makes it hard to know what seats are likely to be the most interesting seats at the 2025 Western Australian election, or the shape of the likely result.

Recent polling points to a Labor two-party-preferred vote of 55-56% – five polls conducted between July 2024 and February 2025 all gave a result in that range.

Conveniently, that is pretty much exactly the Labor 2PP achieved at the 2017 state election. Labor polled 55.5% that year, and then gained a swing of 14.1% for a result of 69.6% in 2021.

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xkcd.com Monday, March 3, 2025 - 11:00 Source

Briefly set a new record for tallest human-made structure by getting my knit sweater snagged on the skydiving plane door as I jumped and not noticing until I'd landed.

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Renew Economy Monday, March 3, 2025 - 10:44 Source
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MacroBusiness Monday, March 3, 2025 - 10:30 Source

Australians have experienced the longest recession in modern history, with real per capita GDP falling for seven consecutive quarters as of Q3 2024. This reduction in per capita GDP has been driven by the household sector, where spending fell in six of the last seven quarters. The latest quarterly retail sales data from the ABS

The post Australia’s recession may finally be over appeared first on MacroBusiness.

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John Quiggin Monday, March 3, 2025 - 10:30 Source

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.

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MacroBusiness Monday, March 3, 2025 - 10:00 Source

Peter Hartcher did a great job of summing up cowardly Albo on the weekend. …as the People’s Liberation Army Navy conducted “what can only be interpreted as an act of intimidation”, in the words of sinologist Anne-Marie Brady of New Zealand’s University of Canterbury, Albanese tried to minimise it. He tried so hard he tripped

The post Dutton drops F35 bombshell on cowardly Albo appeared first on MacroBusiness.

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MacroBusiness Monday, March 3, 2025 - 09:30 Source

Let us begin with AEP in full flight. Telegraph. Donald Trump’s assault on the US federal government and the world’s interlinked manufacturing system have together reached an economic tipping point. “It seems almost unavoidable that we are headed for a deep, deep recession,” said Jesse Rothstein, Berkeley professor and former chief economist at the US

The post Welcome to the Madman’s recession appeared first on MacroBusiness.

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MacroBusiness Monday, March 3, 2025 - 09:00 Source

A very busy end of month session on Friday night saw a drop in US consumer spending but Wall Street played the short covering game while Chinese volatility spiked earlier in the session, causing European shares to make no advances. The USD is coming back against the undollars with new daily lows in Euro due

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Monday, March 3, 2025 - 07:55 Source

Donald Trump might be a speed hump on the road to net zero, but the business and climate case for renewables leaves Australia in the box seat to capitalise.

The start of a second Trump presidency has led many to question the future outlook for energy in Australia and around the world, and what impact the new US administration will have on the move towards net zero.

 

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Your Democracy Monday, March 3, 2025 - 06:33 Source

"Another devastating world war, potentially bringing China and the United States into direct conflict. The spread and even the use of nuclear weapons. The wars in Ukraine and Gaza failing to ultimately produce favourable outcomes for Kyiv and Israeli-Palestinian peace. A more multipolar world without robust multilateral institutions. A democratic recession further devolving into a democratic depression."

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MacroBusiness Monday, March 3, 2025 - 06:29 Source

Goldman on the currency fantasy. We remain skeptical of a centrally-planned currency accord, but open to the possibility that shifting government policies around the globe could bring about the right conditions to weaken the Dollar. The market and macro set-up heading into either the Plaza Accord or the Smithsonian Agreement was very different than it

The post Australian dollar saved by Mar-a-Lago Accord? appeared first on MacroBusiness.

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Your Democracy Monday, March 3, 2025 - 05:54 Source

The next federal election looms ahead menacingly. This is when the metal hits the meat and we have to make hard decisions or become just the burnt bits on the edge of the Democracy Sausage Sizzle.

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Your Democracy Monday, March 3, 2025 - 05:05 Source

After hosting crisis talks on Ukraine, UK Prime Minister Keir Starmer laid out important steps that the leaders discussed behind closed doors on Sunday.

"We will keep the military aid flowing and keep the economic pressure on Russia to strengthen Ukraine now," Starmer said at the press conference.

He also underlined that "any lasting peace must ensure Ukraine's sovereignty and security" with Ukraine at the table. 

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MacroBusiness Monday, March 3, 2025 - 00:05 Source

CoreLogic’s results for February show that Melbourne is now the cheapest major capital city housing market in the nation. Melbourne’s median dwelling value was $772,561 at the end of February 2024, $124,052 (14%) below the national capital city median. The improved affordability of Melbourne’s housing market follows subdued growth over the past five years. As

The post How Melbourne became the cheapest housing market appeared first on MacroBusiness.

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Your Democracy Sunday, March 2, 2025 - 20:56 Source

Israel will stop the entry of essential aid into the Gaza Strip starting Sunday, according to Prime Minister Benjamin Netanyahu's office.

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Your Democracy Sunday, March 2, 2025 - 17:49 Source

US National Security Advisor Mike Waltz has revealed how Ukrainian leader Vladimir Zelensky and his delegation reacted to being expelled from the White House following a heated confrontation with President Donald Trump and Vice President J.D. Vance.

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Your Democracy Sunday, March 2, 2025 - 06:51 Source

Governments want you to feel powerless, but the tools for change are in our hands. Australia’s economy is failing to decarbonise. Burning trees to produce electricity is phoney environmentalism.

You’re never too small to make a difference

 

Environment: Governments like docile populations, that’s why they intimidate activists    By Peter Sainsbury

 

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Your Democracy Sunday, March 2, 2025 - 06:18 Source

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Your Democracy Sunday, March 2, 2025 - 05:37 Source

For those who keep track of the slings and arrows crossing the broader geopolitical chessboard non-stop, it’s an immensely powerful – and humbling – experience to one day be contemplating the devastated Avdeyevka, in the heart of the war in Donbass, and a week later struggling to understand the devastation inflicted on villages in southern Lebanon.

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Your Democracy Saturday, March 1, 2025 - 13:06 Source

The European Union’s top diplomat, Kaja Kallas, has suggested that the United States can no longer act as the “leader of the free world,” after President Donald Trump publicly scolded Ukrainian leader Vladimir Zelensky for his disrespect and ingratitude toward the American people.

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Your Democracy Saturday, March 1, 2025 - 12:40 Source

 

a dose of reality....

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

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Renew Economy Saturday, March 1, 2025 - 10:42 Source
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