Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

AI bubble bursting?

August 21, 2025 - 09:30 -- Admin

The Market Ear on the sudden fear in tech. NASDAQ fear Too much sudden tech fear… Source: LSEG Workspace The NVDA puke NVDA took out the trend channel yesterday. 50 day comes in around $165 (day lows $168.8). RSI at mid April levels, when the bull started. Source: LSEG Workspace The PLTR puke RSI at

Shocked! Aussie flash PMI offers a pulse

August 21, 2025 - 09:06 -- Admin

Growth! S&P flash PMI. Flash Australia Composite PMI Output Index: 54.9 (Jul: Index, sa, >50 = growth m/m % qr/qr 53.8) Flash Australia Services PMI Business Activity Index: 55.1 (Jul: 54.1) Flash Australia Manufacturing PMI: 52.9 (Jul: 51.3) Flash Australia Manufacturing PMI Output Index: 53.9 (Jul: 52.3) Australia’s business activity growth accelerated midway through the

Macro Morning

August 21, 2025 - 09:00 -- Admin

Overnight saw Wall Street stumble again, as big tech stocks couldn’t do the heavy lifting while European markets also pulled back slightly although the rising FTSE was an outsider. The release of the latest FOMC meeting minutes saw them highlight inflation and tariff risks with politics pushing in again as the Trump regime places pressure

The productivity challenge and why Australia is failing

August 21, 2025 - 08:00 -- Admin

I have argued from the outset that this week’s productivity summit in Canberra will fail because it won’t address the two most important factors that are wrecking the nation’s productivity: excessive immigration and expensive energy. Australia’s immigration program is simply far too large, poorly targeted, and of low quality to deliver positive outcomes for productivity

Macro Afternoon

August 20, 2025 - 16:30 -- Admin

Asian share markets are mainly down across the board as risk sentiment continues to shift further into negative space as we all await the Jackson Hole conference on Friday with Fed Chair Powell expected to make some comments regarding the actual trajectory of the US economy before he likely gets fired. The RBNZ cut rates

Mass immigration protest descends into Nazi hysteria

August 20, 2025 - 14:00 -- Admin

As predictable as the sun. Daily Mail. Supporters of an anti-immigration rally are being warned not to attend the massive protest, with politicians branding the movement as having ‘no place’ in Australia. March for Australia is organising the protests that will take place on August 31 in several capital cities, including Sydney, Melbourne, Canberra, Perth

Gas cartel siphons away your energy

August 20, 2025 - 13:30 -- Admin

Market Forces is some kind of green money lobbyist. It has produced a cracking report on Aussie gas, inadvertently illustrating that market reforms are vital to stabilise Aussie gas usage. First, the report shows that it is gas that most uses gas. Next, it shows where industrial gas usage goes. Finally, it illustrates that 10%

Productivity summit gaslights on housing

August 20, 2025 - 13:00 -- Admin

The second day of the Canberra productivity roundtable will reportedly debate how to reduce the backlog of development projects awaiting environmental approval. Danielle Wood, chair of the Productivity Commission (PC), will address roundtable attendees in the morning in her session titled “Better Regulations and Approvals”. Her speech is likely to illustrate how environmental approvals slow

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