Blogotariat

Transgrid’s massive HumeLink transmission line has been cleared for development by

The general consensus of economists is that the Reserve Bank of Australia (RBA) will begin to reduce the official cash rate in the first quarter of 2025. However, financial markets have now fully priced in September for the first interest rate cut, having previously anticipated a rate cut in May before Donald Trump won the

The post Markets begin to price Aussie rate hikes appeared first on MacroBusiness.

Xi Jinping is lost. China wants to know how it can better sell its stimulus policies to foreign investors. The securities regulator is said to have stepped up meetings with global banks to get their view on the country’s efforts to shore up growth.  In one such discussion, the regulator sought advice on what it needs to

The post Some free advice for Xi Jinping appeared first on MacroBusiness.

One of the nation’s least-kept secrets is that most international students come to Australia to “study” because of our generous work rights and opportunities for permanent residency. Most international students are more interested in working and living in Australia than in learning. And paying course fees is merely the ‘price of admission’. The student-migration pathway

From the ABS. In trend terms, in October 2024: unemployment rate remained at 4.1%.  participation rate increased to 67.2%. employment increased to 14,541,200.  employment to population ratio remained at 64.4%. underemployment rate remained at 6.3%. monthly hours worked increased to 1,971 million. In seasonally adjusted terms, in October 2024: unemployment rate remained at 4.1%. participation rate decreased to 67.1%. employment

Australia’s swarm of former PMs are pests but they are usually harmless. Not so Kevin Rudd, who is turning ANZUS into a circus. As we know, Dr Rudd has been admirably forthright about the flaws of Donald Trump over the years. This came with a certain amount of career risk, which is why it was

The post Rudd overshadows national interest appeared first on MacroBusiness.

One of the world’s biggest makers of electric buses has plans for Australia. We talk to Kent Chang of Yutong. Plus: The shift to V2G and Tesla’s sales slump.

The Victorian government’s budget update shows that the state’s net debt is projected to exceed $188 billion by 2027–28. The update also reveals that the government’s Covid debt levies are expected to raise $529 million more over four years than had been forecast in the 2023 budget. The bloating of Victoria’s public service is a

The post Victorian bureaucrats boom, taxpayers bust appeared first on MacroBusiness.

Last year, Treasurer Jim Chalmers was caught “misleading” about the growth in Australian full-time earnings by ABC Fact Check. In August 2024, Treasurer Chalmers was caught again lying about Australian wages. Following Wednesday’s soft Q3 wage data from the Australian Bureau of Statistics (ABS), Chalmers was at it again, spinning fairy tales about the recovery

The post Treasurer Chalmers spins endless wage lies appeared first on MacroBusiness.

As a capital city of worth, Canberra is a write-off. All it does is look after itself at everybody else’s expense. The budget is nothing more than an electoral box-ticking exercise. It grovels to corporations at the expense of the national interest. There is no reform of substance and no plan to improve living standards.

The post Canberra’s central planners are out of control appeared first on MacroBusiness.

Shipping giant has placed an order for 20 wind-assisted propulsion systems to be installed on five of its medium range tankers in an effort to reduce CO2 emissions.

South Dakota's Governor Kristi Noem has been tapped to lead Homeland Security, the same organisation that oversees multiple entities including the Coast Guard and the Secret Service. 

She has been a fierce critic of immigration policy.