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MacroBusiness
Tuesday, February 18, 2025 - 09:00
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Amid a lot of macro chaos, stock markets continue to make new highs with the German DAX pushing European bourses higher while a closed Wall Street almost made a record close on Friday night despite a poor retail sales print and crashing export volumes to Canada. The USD continues to give up ground against most The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Tuesday, February 18, 2025 - 08:30
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Your Democracy
Tuesday, February 18, 2025 - 06:55
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In Australia at the federal level of government, we have some of the shortest election cycles in the world: often barely three years. This mitigates against even medium-term planning. A new government takes a year to learn the ropes of office, another year to govern before preparing for re-election in the third. And even if a government survives that long, the odds are its leader won’t.
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Your Democracy
Tuesday, February 18, 2025 - 06:30
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Key European leaders arrived Monday at the Élysée Palace in Paris for an emergency summit called by French President Emmanuel Macron to agree on a coordinated response to a shock policy shift on the Ukraine war by the new US President Donald Trump. British Prime Minister Keir Starmer and German Chancellor Olaf Scholz were among the heads of state greeted by Macron, who had a phone call with Trump just before the summit. Follow our liveblog for all the latest developments. |
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Your Democracy
Tuesday, February 18, 2025 - 05:45
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Has Vladimir Putin ever had a better few days in Washington? Donald Trump, just four weeks into his second term, has executed a breathtaking pivot toward Moscow, reversing course after years of ruptured relations between the U.S. and Russia that resulted from Putin’s 2022 invasion of Ukraine. |
MacroBusiness
Tuesday, February 18, 2025 - 00:05
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The pump-priming of Australia’s housing market is in full swing. Australian Treasurer Jim Chalmers has already announced that he has instructed Australia’s financial regulators to relax home lending regulations for millions of Australians with home loans. Under the changes, a borrower’s student debt will be excluded from mortgage serviceability calculations if the bank feels the |
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MacroBusiness
Monday, February 17, 2025 - 17:30
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An uneasy start to the trading week as most Asian share markets pull back after a mixed return on Wall Street from Friday night due to the weaker than expected retail sales print. This is likely to continue as its a long weekend for US markets. The USD is still under the pump with most The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Monday, February 17, 2025 - 16:11
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Prime Minister Sir Keir Starmer has announced that the UK is ready to play a “leading role” in providing security guarantees to Kiev and deploy troops to Ukraine as part of a peacekeeping mission, should a ceasefire agreement with Russia be reached. |
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Renew Economy
Monday, February 17, 2025 - 15:17
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Renew Economy
Monday, February 17, 2025 - 15:12
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Renew Economy
Monday, February 17, 2025 - 15:11
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Renew Economy
Monday, February 17, 2025 - 14:35
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MacroBusiness
Monday, February 17, 2025 - 14:00
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In August 2024, the Actuaries Institute reported that rising home insurance premiums were causing financial stress for 1.6 million Australian households. This represented a 360,000-household increase, or 30% more than the previous year. According to Sharanjit Paddam, the principal author of the Actuaries Institute research, insurance premiums were rising faster than incomes, with the median |
MacroBusiness
Monday, February 17, 2025 - 13:30
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So much for the Cat5 monster. Cyclone Nothingburger passed the Pilbara by without leaving any damage. RIO has already re-committed to existing output guidance which means that a weak Q1 will be followed by booming Q2 and Q3. Prices fell over the weekend and have some catching down to steel to do. Vale also indicated The post Cyclone Nothingburger passes Pilbara by appeared first on MacroBusiness. |
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MacroBusiness
Monday, February 17, 2025 - 13:00
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The writing was on the wall for Albo in his first week. While Australian energy markets were melting down on Ukraine War profiteering by the gas cartel, Albo was busy talking up how he would aim for a two-term government. Any PM who is so focused on re-election as his top priority has no interest The post Albo does not deserve a second term appeared first on MacroBusiness. |
MacroBusiness
Monday, February 17, 2025 - 12:30
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The latest YouGov poll suggests the Dutton-led Coalition will most likely win the upcoming federal election and form the next government. YouGov’s latest MRP model suggests the Coalition would likely win around 73 seats in the 150-seat House of Representatives, with a lower estimate of 65 and an upper estimate of 80, if a federal election The post Will RBA turn the election tide for Labor? appeared first on MacroBusiness. |
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MacroBusiness
Monday, February 17, 2025 - 12:00
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Only ten years late. The Albanese government will launch a crackdown on housing purchases by foreign buyers, implementing a two-year ban on the purchase of established homes by temporary residents to replicate a previous commitment by the Coalition. …Simultaneously, the Albanese government will also conduct a review into the ban’s effectiveness to determine whether it |
MacroBusiness
Monday, February 17, 2025 - 11:30
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Last week, SQM Research released its January vacancy report, revealing that the national vacancy rate declined to just 1.0%, down 0.1% from January 2024. Commenting on the results, SQM Research managing director Louis Christopher noted that the rental crisis appears to have reignited, potentially driven by a resurgence of net overseas migration. “The sharp decrease The post Imported demand squeezes rental market appeared first on MacroBusiness. |
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Your Democracy
Monday, February 17, 2025 - 11:17
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TEXT TO COME...
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
Gus Leonisky POLITICAL CARTOONIST SINCE 1951. |
MacroBusiness
Monday, February 17, 2025 - 11:00
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According to the Department of Education, a record 1,018,799 international students were enrolled in Australia in the year to September 2024: The table below displays the breakdown of enrolments by type of institution. As you can see, vocational education and training (VET) has experienced the greatest increase in student numbers since 2019, rising from 247,467 |
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xkcd.com
Monday, February 17, 2025 - 11:00
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Renew Economy
Monday, February 17, 2025 - 10:42
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MacroBusiness
Monday, February 17, 2025 - 10:30
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You’ve just got to love China. Nothing that matters stays broken for long. January credit data is out, coming in strong at RMB 7060bn in January, vs. Bloomberg consensus: RMB 6500bn. Amusingly, the money supply data that has been telling the truth about how bad the Chinese economy is has been fixed! M1 to the The post Xi decrees crashing China credit fixed! appeared first on MacroBusiness. |
John Quiggin
Monday, February 17, 2025 - 10:10
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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, February 17, 2025 - 10:00
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Last week, ABC’s 7.30 report aired a special on Australia’s housing crisis, which was put together by Alan Kohler. The segment blamed Australia’s housing crisis on a lack of housing supply and tax concessions like negative gearing. The segment also featured renowned pro-mass immigration shills and YIMBYs, the Centre for Independent Studies’ Peter Tulip and |
Prosper Australia
Monday, February 17, 2025 - 09:54
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What could $27 billion fund if Commonwealth-state transfers were adjusted to bring revenue and expenses for each level of government closer to balance? |
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The Tally Room
Monday, February 17, 2025 - 09:30
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Today I’m announcing some work that was mostly finished at the end of last year but was put on hold until the new year, but is now finished. I have now added a number of new datasets to my data repository covering elections held in the second half of 2024. These are: |
MacroBusiness
Monday, February 17, 2025 - 09:30
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All hail King Trump! While Australia is busy destroying itself via the evil East Coast gas cartel, King Trump is working on a plan to save us. The possibility of an end to the war in Ukraine is, of course, a positive development but all indications are that the outcome will reward Russia’s leader Vladimir The post King Trump may save energy superidiot appeared first on MacroBusiness. |
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Prosper Australia
Monday, February 17, 2025 - 09:05
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Over the past century and a half, politics and economics have evolved significantly in how we manage society. Yet, the core principle remains: every person born on this earth has a right to a share of its bounty. |
Prosper Australia
Monday, February 17, 2025 - 09:00
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The relationship between older, younger, and future Australians and our tax and spending priorities is based on an implicit generational bargain. Working age taxpayers support older and younger Australians and can expect the next generation to support them in the same way, and economic and social development will enable each successive generation to enjoy rising living standards. At the very least, we should not leave the next generation worse off. |
