Blogotariat

The “Stats Guy” Simon Kuestenmacher, is a renowned immigration lobbyist. For years, he has pumped out propaganda supporting a Big Australia. Last year, Kuestenmacher seemingly experienced a Damascus moment, recognising that Australia’s business model is fundamentally flawed and harming the middle class: The Atlas of Economic Complexity, produced by the Growth Lab at Harvard University,

Goldman says China is back. 1.China is back on the radar, at least in terms of investor interest; 2.We expect more fundamental upside for Chinese stocks after ~20% gains ytd, but reiterate our tactical view that the bull run may slow on event risks and profit-taking pressures; 3.Equity investors seem relaxed about US tariff concerns,

The post Chinese stocks are the new widowmaker appeared first on MacroBusiness.

Tuesday’s federal budget revealed that the cost of the National Disability Insurance Scheme (NDIS) will reach $50.8 billion next financial year, surpassing the $51 billion allocated to the defence budget. While the NDIS has created a significant financial burden on the federal budget, it is mainly responsible for driving Australia’s job growth and maintaining the unemployment

The post NDIS black hole fuels job boom appeared first on MacroBusiness.

QAnon is a multifarious conspiracy theory originating in forum posts on the far right wing website ‘4chan’ in October 2017. Adherents to this idiocy believed that then US president Donald Trump was waging a secret war against those running the world, and in the US, the ‘deep state’1.This conspiracy theory had, at its core, lurid claims that an elite cabal of child-trafficking paedophiles, comprising, among others, Hollywood A-listers, leading philanthropists, Jewish financiers and Democrat politicians, covertly rule the world2.

DXY faded. AUD was stable. Lead boots are heavy. Gold is melting up. Oil is a pest. Alwyas sell copper before Goldman does. Miners meh. Em meh. More junk stress please! Curve steepened, though. Stocks fell. US pending home sales were dreadful again, while initial unemployment claims are showing no sign of DOGE damage outside

The post Australian dollar tied to stocks appeared first on MacroBusiness.

More tariff fallouts overnight as the April 2 deadline looms with Trump whining about Canadian-EU collaboration in the latest round of threats, while stocks put in slight selloffs amid the low volatility reactions. The USD pulled back ever so slightly against Euro and Pound Sterling but remains firm against Yen while the Australian dollar was

The post Macro Morning appeared first on MacroBusiness.

I was wrong to have written off Peter Dutton and the Coalition. On Thursday night, Dutton gave his budget reply speech. And while there were some minor things I disagreed with, I believe he got the biggest policy issues right. Below are the announcements I liked, followed by those I didn’t. Liked alot: East Coast

The post Why I am voting for Peter Dutton appeared first on MacroBusiness.

The Smart Energy Council wants you to know how much your power bills will rise by if the Coalition's nuclear plan wins the May vote.

Mining billionaire Andrew Forrest unveils plans for one of the country's biggest solar farms to help propel his company's plans to achieve "real zero" emissions by 2030.

New CLP government scraps Labor's 50 pct renewables target, but its focus on gas may leave it exposed to the blackouts it warns from the switch to solar.

Goldman has pumped copper and is now turning. A key signal that the top is near.  The US looks set to announce copper import tariffs in the coming weeks, according to apress report. This would shorten the timeline for tariffs, which we were expecting between September and November. What is the impact on physical market

The post Sell copper, buy gold appeared first on MacroBusiness.