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Fake left demands China rule Australia

September 8, 2025 - 12:30 -- Admin

The fake left is as dangerous as it is stupid. …a contribution from the strategist and former Kevin Rudd staffer Lachlan Harris stands out this week. Responding to Hugh White’s recent Quarterly Essay, Hard New World, Harris, a businessman and student of political communications, makes the case that the next great prime minister will be

The great immigration debate

September 8, 2025 - 12:00 -- Admin

On Sunday, I appeared on Freya Leach’s Sky News show, Freya Fires Up, to debate Kos Samaris on the merits of Australia’s migration system. The segment ended up being more of a polite discussion rather than a debate, given that we agreed on most things. Nevertheless, a list of potential discussion topics was sent beforehand,

Measuring the Pibara killer

September 8, 2025 - 11:30 -- Admin

The ferrous complex remains drunk as steel margins evaporate. And then there is this. S&P. Today, we are witnessing a resurgence in capital expenditure focused on iron ore, contrasting with the overall capital decline in the mining industry. Notably, a significant portion of this investment, focused on iron ore, is directed toward Guinea and the Simandou Blocks 1 & 2 and Simandou Blocks 3 & 4 projects. Simandou is a particularly high-grade deposit, with grades averaging 65.8%

Long all the things!

September 8, 2025 - 11:00 -- Admin

The Market Ear on bulls versus bears. It’s like déjà vu all over again “The current set-up is very similar to where things stood a month ago.  Recent stock market dip and recovery back to ATHs? Check. US equity positioning above average, but declining slightly? Check. HF gross leverage near highs? Check. Momentum performance choppy, but still near highs?

The spectacle of a failing immigration-led economy

September 8, 2025 - 10:30 -- Admin

The Price is right. The federal opposition is in damage control following firebrand senator Jacinta Nampijinpa Price’s claims the government is accepting “large numbers” of Indian migrants into Australia to bolster Labor’s vote. Polling strongly suggests that Jacinda Price is right (especially now she has said it!). Indian migrants voted strongly for Labor at the

Macro Morning

September 8, 2025 - 09:00 -- Admin

No surprise or upward Sharpie revision on Friday night as the actual US jobs print came out and was bad all over, with prior results also revised down, giving a clear run to a September rate cut by the Fed and possibly two more by the end of the year. Wall Street held steady as

The post Macro Morning appeared first on MacroBusiness.

Being a renter in Australia is like the Hunger Games

September 8, 2025 - 08:00 -- Admin

Being a renter in Australia has turned into the Hunger Games. The record surge in migration post-COVID has added extraordinary rental demand, illustrated neatly below by Justin Fabo at Antipodean Macro. As a result, capital city asking rents soared as more people competed for housing. At the end of 2024, Cotality (formerly CoreLogic) estimated that

Australia’s economy remains on public sector life support

September 8, 2025 - 00:05 -- Admin

Last week, the Australian Bureau of Statistics (ABS) issued the national accounts for Q2 2025, revealing stronger-than-expected growth. Analysts predicted a 0.4% increase in headline GDP, while the RBA expected 0.5% growth. However, a 0.6% increase was observed, driven by household spending. Household spending per capita increased by 0.5% in the second quarter, the highest

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