Blogotariat

By Lucinda Jerogin, Associate Economist at CBA Australian GDP growth surprised to the upside, rising by 0.6%/qtr in Q2 25 to be 1.8% higher annually. The current account deficit narrowed to $13.7bn in Q2 25. The July MHSI reinforced our view that the consumer recovery is picking up steam, rising by 0.5%/mth to be 5.1%

The post The economic week ahead appeared first on MacroBusiness.

By Vlad Lasky 20,000 Australians marched in Sydney last Sunday. I was one of them. The media got it wrong. When the mainstream media misrepresents something that happens in our country, I consider it the duty of any eyewitnesses to set the record straight. I attended the March for Australia rally in Sydney on Sunday,

The post The media deliberately misreported the March for Australia appeared first on MacroBusiness.

Australia’s housing market continues to heat up. August’s national monthly average final auction clearance rate lifted to 69%, which was the strongest result since February 2024. This weekend’s preliminary auction results from Cotality continued the run of strong results, with 75.0% of auctions selling nationally based on early figures. This marked the fourth straight week

The post Panic buyers drive housing market upswing appeared first on MacroBusiness.

There is only one treaty in the world that, despite its limitations, binds nations together: the United Nations Charter. Representatives of fifty nations wrote and ratified the UN Charter in 1945, with others joining in the years that followed. The charter itself only sets the terms for the behaviour of nations. It does not and cannot create a new world. It depends on individual nations to either live by the charter or die without it.

Wind energy hit a new record instantaneous output of 147.3 per cent in South Australia early on Saturday morning, thanks to a new link and modified grid security rules.

Pope Leo XIV discussed the “tragic situation in Gaza” and urged a “permanent ceasefire” in the Palestinian territory during a private audience with Israeli President Isaac Herzog on Thursday, the Vatican said in a press release.

MOSCOW (Sputnik) - European army chiefs have drawn up a plan to potentially deploy more than 10,000 troops to Ukraine, with some US generals providing their input, the Wall Street Journal newspaper reported on Friday, citing a European diplomat.

On Thursday, the Washington Post reported that Europe's vision of security guarantees for Ukraine involves stationing troops away from the front lines for demonstration and training purposes.

Australian governments of all stripes have long maintained a commitment to secure borders and an orderly migration program.

When Russian President Vladimir Putin spoke on Friday, he issued a now-familiar warning: any foreign troops entering Ukraine during active fighting would be considered “legitimate targets.” Yet Western media ran with a drastically different narrative – suggesting he was threatening peacekeepers, not just combatants.

International Reading: Left and right are joining forces to ban lawmakers from trading stock – Yahoo America’s richest generation is only getting richer – Fortune If Trump loses his tariff lawsuit, America may have to refund businesses more than US$200 billion – CTV News Trump’s immigration policies could lead to first ever population decline – News

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