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Articles from MacroBusiness

Welcome to the empty war Downunder

February 10, 2026 - 09:00 -- Admin

I absolutely stand by the right of Australians to protest. But why do it about Palestine? Australian of the Year Grace Tame condemned Herzog’s visit, earlier telling the crowd Australia was “a so-called democracy that punishes peaceful protesters like us, but welcomes a war criminal with open arms”. “A man … who said, and I

Australian dollar goes berzerk

February 10, 2026 - 08:30 -- Admin

A few more days of this, and we’ll be getting rate cuts, not hikes. DXY cratered overnight as a new government shutdown, this time over ICE constraints, looms. The Australian dollar went berserk with CNY and JPY relief post-election. Oil and gold did not waste the day. AI mentals were a little less hysterical. Gapping

One Nation’s rise breaks Newspoll

February 10, 2026 - 08:00 -- Admin

With the release of the latest Newspoll, One Nation’s rise in the world of Australian federal politics has been emphatically confirmed, putting to bed any ideas that this was a temporary boost due to polling seasonality or the immediate aftermath of the Bondi terrorist attack. According to Newspoll, One Nation is now polling a primary

Victoria’s crime wave: by the numbers

February 9, 2026 - 13:00 -- Admin

The Crime Statistics Agency’s 2024-25 crime statistics revealed that Victoria saw a record high of 483,000 criminal incidents over the financial year. Victoria Police also reported that just 5,400 repeat offenders accounted for 40% of the state’s total crime. Car theft is one area where crime has surged in Victoria. In 2024-25, the number of

The rise and rise of Drew Pavlou

February 9, 2026 - 12:30 -- Admin

I have not posted about our old mate Drew Pavlou for three years, but he has earned another mention. Having first come to fame fighting the CCP’s quiet invasion of our universities in 2019, Mr Pavlou has morphed into a consistent protest presence attacking the fake left. Roughly a year ago, this morphed into a

Jim Chalmers proven wrong on inflation

February 9, 2026 - 12:00 -- Admin

Last week, following the Reserve Bank of Australia’s (RBA) decision to lift the official cash rate (OCR) by 0.25%, Treasurer Jim Chalmers claimed that excessive private sector demand was behind Australia’s high inflation. In a media release directly following the RBA’s decision, Treasurer Chalmers said “the Board’s statement today does not mention government spending. It

The tech bubble has burst

February 9, 2026 - 11:30 -- Admin

Charts from TME. There are a lot of wild moves closing out the week. JPM gross hammered. Huge shorts. Social media sentiment collapsed. Volatility spiked. However, instos are still all-in with no cash. Equities, equities, equities! Leverage is virtually unchanged. While Michael Hartnett’s risk monitor remains in extreme sell. Where there has been progress under

Julia Gillard was right on one thing

February 9, 2026 - 11:00 -- Admin

In 2003, the Australian Bureau of Statistics (ABS) released its Population Projections 2002 to 2101, which contained a baseline (Series B) forecast for Australia’s population of 26.4 million by 2051, based on an assumed net overseas migration (NOM) of 100,000 annually. The following table illustrates the ABS’s 2003 population projections for Australia’s capital cities: Sydney

No more stimulus from China

February 9, 2026 - 10:30 -- Admin

Australia will need to find a sugar daddy because the Chinese version has lost its mojo. New property sales are terrible to start the year. The secondary market is, at least, showing some signs that panic selling is over, with lower transaction volumes, but prices are still falling. Consumer confidence is precisely where you would

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