|
Renew Economy
Monday, October 20, 2025 - 13:16
Source
|
MacroBusiness
Monday, October 20, 2025 - 13:00
Source
So says Societe General. The AU unemployment rate jumped to 4.46% in September, above any of the Bloomberg survey forecasts. An upward revision to August leaves the average 3Q rate in line with the RBA’s latest SoMP view of 4.3%. However, the uptick skews risk higher for 4Q. Markets have been wrong-footed by single prints The post RBA to make “insurance cut” appeared first on MacroBusiness. |
|
MacroBusiness
Monday, October 20, 2025 - 12:30
Source
I agree. Though I would buy any decent pullback. The Market Ear. Easy tiger The fundamental gold story hasn’t changed: inflation hedging, rate cuts, and reserve diversification. But the tactical setup has: sentiment, positioning, and volatility all scream too crowded. Gold may still be the “right” asset — just at the wrong price, right now. Gold The post Sell gold! appeared first on MacroBusiness. |
Renew Economy
Monday, October 20, 2025 - 12:28
Source
|
|
MacroBusiness
Monday, October 20, 2025 - 12:00
Source
Are the US and China getting back together? Goldman is skeptical. Latest US-China developments: Last Friday, US Treasury Secretary ScottBessent had a “constructive”video call with Vice Premier He Lifeng and President Trump indicated that the meeting with President Xi would go ahead in South Korea later this month. Despite these positive developments, we think risks The post Can the US and China make friends? appeared first on MacroBusiness. |
MacroBusiness
Monday, October 20, 2025 - 11:30
Source
While the level of migration remains a hotly contested issue, from the nation’s halls of power to backyard BBQ debates, for the longest time, migration conceptually was considered a positive by a majority of the public. But recently, the public’s attitude on the issue has begun to shift significantly. According to polling from Essential from The post Albo has destroyed the consensus on migration appeared first on MacroBusiness. |
|
Renew Economy
Monday, October 20, 2025 - 11:05
Source
|
MacroBusiness
Monday, October 20, 2025 - 11:00
Source
I love QLD. It is the last state of Australia. But, like Australia, it can be really, really stupid. Queensland has put its southern neighbours on notice and drawn a red line through a gas reservation proposal under consideration. As federal Labor deliberates whether to restrict east coast gas exports to prevent a forecast domestic The post QLD commits gas suicide appeared first on MacroBusiness. |
|
xkcd.com
Monday, October 20, 2025 - 11:00
Source
|
MacroBusiness
Monday, October 20, 2025 - 10:30
Source
Former senior immigration department bureaucrat Abul Rizvi posted an article in Independent Australia where he explained how the Albanese government secretly increased the permanent migrant intake well above the official published level. Rizvi showed how Labor “has significantly increased the size of permanent migration compared to the situation pre-pandemic (see Table 3)”. A time series |
|
Renew Economy
Monday, October 20, 2025 - 10:30
Source
|
MacroBusiness
Monday, October 20, 2025 - 10:00
Source
In 2013, the Grattan Institute, under the energy policy leadership of former Origin Energy executive Tony Wood, lobbied hard against an East Coast domestic gas reservation policy: Grattan also lobbied for Western Australia to remove its gas reservation policy: The federal government listened to Grattan as well as other lobbyists and failed to implement an The post Never trust the Grattan Institute on energy policy appeared first on MacroBusiness. |
|
MacroBusiness
Monday, October 20, 2025 - 09:30
Source
The ferrous complex continues to weaken as steel mill margins collapse. Production must be cut. It is a little bit. Demand is still funky. The newsflow is about piles of ore. One for the Pilbara killer. Rio Tinto has stockpiled 2 million metric tons of high-grade iron ore at its Simandou project in Guinea for The post Pilbara killer and BHP iron ore pile up appeared first on MacroBusiness. |
MacroBusiness
Monday, October 20, 2025 - 09:00
Source
Victoria disease is the phenomenon of a permanent Labor government leading to a mass-immigration-led economy without the aforethought of appropriate supply-side expansion to accommodate it. This economic model crush-loads public services amid fiscal wreckage, crowds out private sector growth, triggers housing perma-crisis, falling living standards and disenfranchised violence. Symptoms are everywhere. Private security guards patrolling |
|
MacroBusiness
Monday, October 20, 2025 - 09:00
Source
A possible change in sentiment from the Trump regime towards China gave Wall Street a boost on Friday night with the TACO trade now in full swing. Meanwhile the USD saw a small reversal in its recent decline as Yen and Euro weakened slightly while the Australian dollar came back a little, managing to almost The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Monday, October 20, 2025 - 07:24
Source
In the workshops of the Ruhr, where the fire of blast furnaces was once considered Europe’s eternal companion, today reigns a cold more expensive than any raw material. An economic pause has descended in icy silence. A tombstone rests on the grave of industrial greatness, signed by Europe’s own leaders.
Europe’s Economic Winter Transfers the Workshop of the World to Asia’s New Furnaces |
|
Your Democracy
Monday, October 20, 2025 - 06:55
Source
Whether it’s the Israeli Government, an international peacekeeping force, or a post-conflict reconstruction authority for Gaza chaired (grotesquely) by Donald Trump, the fate of Palestine still rests in the hands of outsiders.
Gaza has a ceasefire, now Palestine needs self-determination
|
Your Democracy
Monday, October 20, 2025 - 06:44
Source
The Gaza, the one that existed on the morning of October 7 is gone, decimated by months of saturation bombing, shelling, bulldozing and controlled demolitions. All that was familiar when I worked in Gaza has vanished, transformed into an apocalyptic landscape of shattered concrete and rubble.
Requiem for Gaza By Chris Hedges
|
|
Your Democracy
Monday, October 20, 2025 - 05:44
Source
US President Donald Trump has mocked the ‘No Kings’ protests, sharing several AI-generated videos on Truth Social, including footage of himself dumping what appears to be feces on the crowds. A wave of protests against the Trump administration hit the US on Saturday, with massive demonstrations held at more than 2,500 locations across the country. |
John Quiggin
Monday, October 20, 2025 - 05:04
Source
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. |
|
MacroBusiness
Monday, October 20, 2025 - 00:05
Source
The Albanese government’s Housing Accord, signed with the states at National Cabinet in 2023, set a target to build 1.2 million homes over the five years from FY2025 to FY2029. This target requires 240,000 homes to be built annually. The Australian Bureau of Statistics (ABS) last week released dwelling construction data for the June quarter The post Australia braces for residential construction downturn appeared first on MacroBusiness. |
Your Democracy
Sunday, October 19, 2025 - 21:35
Source
British Prime Minister Keir Starmer has urged European leaders to hatch a peace plan for Ukraine “along the lines”of US President Donald Trump’s Gaza scheme, Axios has reported, citing sources. |
|
Renew Economy
Sunday, October 19, 2025 - 17:11
Source
|
Your Democracy
Sunday, October 19, 2025 - 10:51
Source
I know a few people in Europe who deliberately ignore the events that are shaping the future. They also ignore the historical origins of these events… For these lucky people, the future is inked in what we decide to do and to be, without the “big picture”. Be nice to other people, do not rock the boat and enjoy the sun while on holiday. It works. The small group of friends in which we can share meals and wine is enough to take us to the end of our happy life.
|
|
MacroBusiness
Sunday, October 19, 2025 - 09:45
Source
By Lucinda Jerogin, Associate Economist at CBA The unemployment rate ticked up to 4.5% in September. The Minutes from the September RBA Monetary Policy Board Meeting and several RBA speeches this week reinforced the more hawkish tone struck in the Statement and accompanying press conference. The CommBank Household Spending Insights Index recorded its seventh consecutive The post The economic week ahead appeared first on MacroBusiness. |
Your Democracy
Sunday, October 19, 2025 - 05:43
Source
IMF Managing Director Kristalina Georgieva has urged nations not to impose tariffs, following US President Donald Trump’s latest measures Speaking at a press briefing on Thursday, Georgieva said, “the largest economy in the world has chosen to use tariffs as an instrument in relations with partners.” |
|
MacroBusiness
Saturday, October 18, 2025 - 14:46
Source
DXY fell away. This time AUD enjoyed relief. CNY resumed the plod higher. Oil is in trouble. Gold finally popped. Metals too. And miners. EM at the highs. Junk still worried. The bond rally paused. Stocks lifted a bit. Trump eased the rhetoric on China. As usual, the loon is predictable only in the unpredictability The post Major bank: Australian dollar surge to 69 cents appeared first on MacroBusiness. |
THE BLOT REPORT
Saturday, October 18, 2025 - 14:14
Source
Back in late 2017, less than a year after I started this blog, I wrote an item about how climate change deniers lied about sea level rise1. Later, in October 2023, I wrote an item about how the rate of sea level rise was itself increasing. The average rate of increase in sea level between 1993 and 2015 was 3.3 millimetres (mm) per annum, while the average sea level rise between 2013 and 2022 was 4.62 mm per annum2. |
|
Your Democracy
Saturday, October 18, 2025 - 06:27
Source
This thesis, by undertaking a detailed, empirical analysis of the role youth and student wings play inthe recruitment of national legislators of the German Sozialdemokratische Partei Deutschlands andthe British Labour Party, contributes to our understanding of how the social democratic party familyhas changed in the decades since the early 1980s.
|
Your Democracy
Saturday, October 18, 2025 - 05:44
Source
The 24th of October 2025 is the 80th anniversary of the ratification of the UN Charter, which opens with a determination to save succeeding generations from the scourge of war. The world has not saved the children. According to UNICEF, about 64, 000 children have been killed or maimed in Gaza. In Britain, during World War II, 7736 children under 16 were killed and 7662 children were seriously wounded.
|












