Blogotariat

Donald Trump's war on everything is expanding and accelerating.

In the past week, the US president has plucked the Venezuelan president from his home and threatened Cuba and Colombia while openly discussing military action against Iran and perhaps even Greenland.

In debates over the appropriate level of migration into various Western nations, there is often a narrative that a significant reduction in the intake would entail major economic costs. However, a new report by TD Economics Chief Economist Beata Caranci questions the impact of migration cuts on the Canadian economy. In Canada, the unemployment rate

The post Canada’s migration lesson for Australia appeared first on MacroBusiness.

Last year was the world's third warmest on record, underscoring a trend already fuelling destructive fires and floods in Australia in the early days of 2026.

The post “Tipping petrol on the fire:” World experiences third hottest year in 2025, as fires, floods hit at home appeared first on Renew Economy.

Ontario utility asks regulator to double the price it is paid for nuclear power - to the equivalent of $A222/MWh - to cover the costs of new reactors and upkeep.

The post Ontario utility wants to double the asking price of nuclear, while US wants reactors on the moon appeared first on Renew Economy.

According to the most recent NZIER Quarterly Survey of Business Opinion (QSBO), business confidence increased significantly in the last quarter of 2025. Seasonally adjusted, a net 39% of businesses anticipate improved overall economic conditions in the upcoming months. With business confidence at its highest level since March 2014, this was a significant rise from the

As the push and pull over the prospect of rate rises in 2026 continues, the signals coming from forward looking labour market indicators are painting quite a different picture. The ANZ-Indeed Job Ads index has continued to plumb new cycle lows, down 32.6% from the peak level of demand for labour in November 2022. In

The post Government driven labour market treads water appeared first on MacroBusiness.

From boom levels to more moderate. the Westpac credit card index has come off. Though seasonal adjustments may be messing with the outcome. The most recent weekly Index reading of 158.2 is the highest on record, but these problems probably overstate its strength. Although there are some hesitant indications of deceleration around the year’s beginning,

The post Consumer credit card spending slows appeared first on MacroBusiness.

I’m not saying it’s over, but we now see how it could be. TME with the charts. Oil is back as anarcho-imperialism builds a risk premium. Room to run. Too many bulls. Not enough bears. Long-end selling like hotcakes. Duration and tech are not good bedfellows. Gold doesn’t care. But if DXY gets moving with

The post The equity bull meets its end appeared first on MacroBusiness.

I’d better say this before I am arrested in two days. The CBA Labour and Wage Report (is that a religious text I can quote from?) is a terrific leading indicator for wage growth. For the quarter and the year ending in December, wages increased by 0.8% and 3.1%, respectively. December saw the addition of

The post Wage growth keeps falling appeared first on MacroBusiness.

Every year, consumer confidence surveys perk up as households bask in the afterglow of the holiday season and make New Year’s resolutions, creating a brief rise in optimism that conditions might be better in the year ahead. According to the latest data from the ANZ-Roy Morgan Consumer Confidence Index, this year might be a little

The post Worst start to a year since the 1991 recession appeared first on MacroBusiness.

Overnight saw the release of the “official” US CPI print for December, and while the outcome was softer than expected risk markets were more wary of the continued political pressure on the Fed from the Trump regime and the burgeoning US government debt levels. Some earnings reports on Wall Street gave pause to the actual

The post Macro Morning appeared first on MacroBusiness.

Smallgoods company will join VPP, getting paid to power down its refrigeration units to relieve pressure on the grid at times of peak demand.

The post Flexible with fridges: Iconic smallgoods company joins VPP to support grid at times of peak demand appeared first on Renew Economy.

Recall the recent boast of Australia’s Treasurer of propaganda, “Spin” Jim Chalmers, claiming that Labor had delivered the “longest period of consecutive real wage growth in almost a decade” following eight consecutive quarters of annual real wage growth: Chalmers’ misleading comment came after the Australian Bureau of Statistics (ABS) released Q3 2025 wage data showing that real

The post Aussie real wages plunge lower appeared first on MacroBusiness.