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Renew Economy Thursday, March 27, 2025 - 13:17 Source
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Renew Economy Thursday, March 27, 2025 - 13:06 Source
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MacroBusiness Thursday, March 27, 2025 - 13:00 Source

They keep trying and keep failing to describe what is going on. SMH. Yet a gas reservation policy now will not save Australia from the diabolically embarrassing scenario of having to import gas to keep the lights on in Melbourne and Sydney. Understandably, Australians are having trouble getting to grips with the fact that we

The post The gas debate stinks appeared first on MacroBusiness.

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MacroBusiness Thursday, March 27, 2025 - 12:30 Source

Greenpeace, the Australian Conservation Foundation (ACF), and WWF Australia are among several environmental groups that will actively target Labor in the run-up to the federal election. They will help fund an advertising campaign against the federal government’s plans to legislate to protect Tasmania’s salmon industry. The groups contend that the legislation will hasten the extinction of

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MacroBusiness Thursday, March 27, 2025 - 12:30 Source

Tuesday’s federal budget included the following explanation of how the decline in tobacco excise has resulted in the loss of billions of dollars in revenue. Excluding new policy decisions, excise and customs duty receipts have been revised down by $1.7 billion in 2025–26 and $8.5 billion over the five years from 2024–25 to 2028–29. The

The post Tobacco taxes: a tale of budget sabotage appeared first on MacroBusiness.

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MacroBusiness Thursday, March 27, 2025 - 12:05 Source

Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen look at earnings forecasts and which sectors are starting to see the effects of the chaos around policy making and tariffs. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the

The post MB Fund Podcast: The Effects On Earnings Of Trump’s Policy Chaos appeared first on MacroBusiness.

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MacroBusiness Thursday, March 27, 2025 - 12:00 Source

Liberal leader Peter Dutton has thrown a cost-of-living Hail Mary at voters, promising to halve the rate of fuel excise for a year, which would cost the federal budget $6 billion. Dutton boasted that his policy would take effect as soon as the Coalition wins office, unlike Labor’s new tax cuts that are more than

The post Desperate Dutton throws fuel tax Hail Mary appeared first on MacroBusiness.

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MacroBusiness Thursday, March 27, 2025 - 11:30 Source

DXY is back. EUR is unravelling. Could be tactical. AUD follows EUR. Lead boots getting heavier. Stupid Trump has revived oil with Venezuela and Iran alk. Copper bubble begins. Helping RIO. EM meh. Junk stressy. Yields up with oil. Stocks plunged. The Australian dollar has once again been tariffed. President Donald Trump signed a proclamation

The post Australian dollar tarrifed again appeared first on MacroBusiness.

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MacroBusiness Thursday, March 27, 2025 - 11:00 Source

The Housing Industry Association (HIA) attacked Tuesday’s federal budget for failing to stimulate housing supply, describing the budget as “a missed opportunity to deliver a concrete housing plan”. “Australia needs to be delivering a quarter of million new homes year on year to meet our growing population and put downwards pressure on housing and rental

The post Housing industry ignores number one crisis solution appeared first on MacroBusiness.

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Your Democracy Thursday, March 27, 2025 - 10:51 Source

Ukrainian government is raising its own cannon fodder for the war against Russia from a very young age.

Here's how:

▪️A doll in Ukrainian military uniform without a leg BLEW UP minds on social media. Should such a toy prepare Ukrainian children for the same fate in the future?

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Cheeseburger Gothic Thursday, March 27, 2025 - 10:39 Source

I wrote to the US law firm running a class action against Meta for IP theft and got a good result:

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MacroBusiness Thursday, March 27, 2025 - 10:30 Source

Never say never with iron ore. especially with seasonals. Having been unusually weak, we’ve popped in line with seasonal strength. SMM has decent report on conditions. Today, the iron ore futures gradually strengthened after a weak start, fluctuating upward throughout the day. The most-traded contract I2505 finally closed at 780, with a daily increase of

The post Iron ore runs the seasonal gamit appeared first on MacroBusiness.

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Renew Economy Thursday, March 27, 2025 - 10:11 Source

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Your Democracy Thursday, March 27, 2025 - 10:02 Source

The phrase “changing world order” has become a familiar refrain in international affairs. But what’s often missed is how rapidly that change is now unfolding – and who is accelerating it.

 

Dmitry Trenin: Liberalism is dead, this is what comes afterIn Trump’s world, great powers don’t preach – they compete

BY Dmitry Trenin

 

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MacroBusiness Thursday, March 27, 2025 - 10:00 Source

The Market Ear is still looking short-term. SPX technicals SPX reversed right on the 21 day moving average. Not overly surprising given the recent squeeze. Support: 5600, resistance: 5850. Maybe we just need to range for a bit… Source: Refinitiv NASDAQ technicals Also reversing right on the 21 day. Support: 19600, resistance: 20800. Source: Refinitiv

The post AI capex bubble ready to pop? appeared first on MacroBusiness.

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MacroBusiness Thursday, March 27, 2025 - 09:30 Source

As a politician, you have got to know when to hold them and when to fold them. During a cost-of-living crisis, the last thing a politician seeking election should do is oppose tax cuts for three-quarters of the voting population. Yet, that is exactly what the Coalition did in response to Labor’s modest tax cuts

The post Coalition signs its own election death warrant appeared first on MacroBusiness.

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Renew Economy Thursday, March 27, 2025 - 09:06 Source
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MacroBusiness Thursday, March 27, 2025 - 09:00 Source

As the April 2 deadline the ultimate round of US tariff’s beckons, the Fanta Fuhrer couldn’t help shoot early with a blanket 25% car tariff, thus dooming the domestic US car industry as the world will shift to boycott US made vehicles. Great work Donny! Trump’s Tariff Tirade beckons. European shares were able to rebound

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Thursday, March 27, 2025 - 07:00 Source

Earlier this month, Roy Morgan released its shadow labour market report, which reported a significant increase in unemployment to 11.5% in February, with underutilisation (i.e., unemployment plus underemployment) surging to 21.7%. Roy Morgan’s underutilisation rate is the highest on record outside of the pandemic. Roy Morgan CEO Michelle Levine addressed the Mumbrella Retail Marketing Summit

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Your Democracy Thursday, March 27, 2025 - 06:16 Source

There’s a scandal exciting American mainstream media and minds, and it has to do with bombing. Yet there is an important nuance: it is not the bombing itself that is so scandalizing.

What is troubling many Americans is neither what Russian philosopher Aleksandr Dugin has rightly called the Israeli genocide of the Palestinians with US bombs and support nor the renewed American air campaign against Yemen.

 

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Your Democracy Thursday, March 27, 2025 - 05:59 Source

Labor’s pre-election budget provides well-targeted cost of living relief within the bounds of responsibility, but the restoration of living standards is some way off.

As widely anticipated Labor’s budget contained no surprises, except for the small income tax cuts. Apart from these, all the other major new policy proposals had been announced prior to the budget over the last couple of months.

 

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MacroBusiness Thursday, March 27, 2025 - 00:05 Source

Data released this month by the Australian Bureau of Statistics (ABS) showed that the total value of Australia’s dwelling stock hit a record high of $11,032.2 billion at the end of 2024, with the average dwelling valued at $976,800. The hyperinflation of home values helps to explain why Australian households are ranked among the wealthiest

The post Australian property: an $11 trillion productivity drain appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 26, 2025 - 16:30 Source

Asian stock markets are doing slightly better today given the mixed result overnight although S&P futures are looking more robust given more Trump talk about caving in on tariffs, although who knows what will actually happen as another distraction is likely soon given the recent intelligence foul up by half his Cabinet. The USD is

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Wednesday, March 26, 2025 - 15:32 Source
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Renew Economy Wednesday, March 26, 2025 - 15:14 Source
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Your Democracy Wednesday, March 26, 2025 - 15:08 Source

The revelation was somewhat sudden, but it shocked the entire French government and a section of the European elite at once: to make munitions, to make cannons and airplanes, to train men and prepare them for war, it now seems undeniable that a hell of a lot of money is needed.

 

The big bucks of war...  by h16

 

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MacroBusiness Wednesday, March 26, 2025 - 14:30 Source

The fish rots from the head, they say, and Michael Stutchbury’s destruction of the AFR is great case in point. Today, he confesses. How about this? Australian supermarket shoppers have been hit by significantly lower grocery price rises than if they were living in the UK, the US, Canada or New Zealand. Yes, lower price

The post The rotten fishead confesses appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 26, 2025 - 14:00 Source

The Market Ear argues for the reverse pivot today. Europe vs US is done 1. Valuation gap closed… SAP on 40x, GOOG on 18.5x, MSFT on 29x. Mag7 valuation now looking ‘cheap’ vs historic 2. Europe benefited from exodus from US tech , US tech as a sell is significantly less obvious here 3. Market

The post American stocks are back! appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 26, 2025 - 13:30 Source

Wednesday’s monthly CPI indicator from the Australian Bureau of Statistics (ABS) printed significantly below expectations. The headline CPI was only 2.4%, below market expectations of 2.5% and below the midpoint of the Reserve Bank of Australia’s (RBA) 2-3% target band. The underlying measure, trimmed mean inflation, also fell to 2.7% and is now well within

The post Inflation data green lights April rate cut appeared first on MacroBusiness.

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Renew Economy Wednesday, March 26, 2025 - 13:21 Source
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