Blogotariat

Clive Palmer and Pauline Hanson traded barbs after an attempt to unify their party fell apart, over disagreements about who should lead and bankroll their hoped-for singular right-wing populist movement.

The Trump administration’s decision to pause USAID funding has plunged hundreds of so-called “independent media” outlets into crisis, thereby exposing a worldwide network of thousands of journalists, all working to promote U.S. interests in their home countries.

USAID Falls, Exposing a Giant Network of US-Funded ‘Independent’ Media

The RBA is a paid propagandist for the immigration-led, labour market expansion economic model. This means it must lie about the wage-suppressing effects of immigration or voters will demand the model (some might say scam) is shut down. But even the best liar occasionally lets slip the truth, and yesterday’s SoMP is a great example.

The post Why the evil RBA is smashing your wages appeared first on MacroBusiness.

This is how Labour’s war on regulations will stymie its own policies. It is irrational and self-destructive.

By George Monbiot, published in the Guardian  11th February 2025

This might sound astonishing, but the UK government’s core programme now appears to be the same as Donald Trump’s: dismantling the administrative state. There’s less theatre, but the results could prove harder to contest. Absurd? Consider the evidence.

Most Asian share markets are trading higher despite the lack of a solid lead from Wall Street overnight with the USD pushed back after lifting slightly higher over the long weekend break. More Makeup Mussolini tariff news barely moved risk markets while the RBNZ served up another interest rate cut that sent Kiwi slightly higher

The post Macro Afternoon appeared first on MacroBusiness.

There are hopes techniques borrowed from the oil and gas industry can boost the viability of geothermal energy, as a German town gears up to be a test case.

Australia's first privately owned wind farm, which began operations in 2001, will cease in 2027, and stands as a significant milestone in Australia's renewable energy journey.

It has been widely reported that Australians have suffered one of the largest declines in real per capita household disposable income in the advanced world. The February Statement of Monetary Policy (SoMP) from the Reserve Bank of Australia (RBA) contained an analysis of the household income recession, noting that Australia has experienced “among the weakest

The post What’s driving Australia’s cost of living crisis? appeared first on MacroBusiness.

This week, SQM Research revealed that Australia’s rental crisis reignited, with the national vacancy rate falling to 1.0% in January, down 0.1% year-on-year. In his commentary on the results, managing director Louis Christopher suggested that a resurgence of net overseas migration may have tightened the rental market. “The sharp decrease in rental vacancies strongly indicates

The post Renters would win from lower immigration appeared first on MacroBusiness.

Trump taking Washington out of NATO “is a realistic threat,” EMP Task Force scholar and former Pentagon officer David Pyne tells Sputnik.

He could do this "by either withdrawing US security guarantees for individual countries that oppose his peace initiatives with Russia to end the war in Ukraine, or else perhaps to threaten to pull the US out of NATO entirely," Pyne says.

Westpac with the note. Leading Index growth rate lifts to 0.58%, a 2½ year high. Above-trend momentum is becoming more convincing. Reads point to a gradual recovery rather than a sudden surge. All components contributing positive to growth signal. The start of 2025 has seen a continued improvement in Australia’s growth pulse. The latest rise

The post Leading index firms appeared first on MacroBusiness.

Since COVID, it has been clear that stock market cycles have dramatically accelerated (in truth before that as liquidity drives speed).  Each twitch in the underlying global economy is traded on high-octane moves that exaggerate minor moves in the underlying economy.  Right now, we have a broadening global stock cycle on the thesis that global

The post Fast forward stock cycle intensifies appeared first on MacroBusiness.

If Labor loses the upcoming federal election, it will be due to two key issues: the cost of living and housing affordability. The latest True Issues survey from JWS Research shows that the cost of living (58%) and housing supply and affordability (30%) were the two issues voters wanted the federal government to focus on.

The post Voters punish Labor for cost of living, unaffordable housing appeared first on MacroBusiness.