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MacroBusiness Wednesday, September 17, 2025 - 08:00 Source

In the world of Australian Treasurer Jim Chalmers, Australia’s economy is strong, wages are booming, and living standards are rebounding fast: “The Coalition’s deliberate policy of wage suppression saw wages stagnate for the best part of a decade and living standards fall sharply, but we’re turning that around”. “We’ve managed to get inflation down and

The post Jim Chalmers layers more lipstick on pig economy appeared first on MacroBusiness.

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Your Democracy Wednesday, September 17, 2025 - 05:55 Source

 

French President Emmanuel Macron has privately admitted that NATO is the driving force behind the Ukraine conflict, prominent American economist Jeffrey Sachs has said. 

Macron, along with other Western leaders, has repeatedly claimed that Russia launched its military operation against Ukraine in 2022 without provocation and has insisted that Moscow is solely responsible for the conflict.

 

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Your Democracy Wednesday, September 17, 2025 - 04:44 Source

On August 30th, Andriy Parubiy was shot dead in broad daylight in Lviv, Ukraine. A key figure in the foreign-fomented Maidan putsch and a prominent and influential politician locally for many years, he was mourned by a welter of British, European and US officials. 

 

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Your Democracy Wednesday, September 17, 2025 - 03:34 Source

Princess, beautiful false eyelashes

Powdered cream face, lips red-sticked 

Crafted brows, gold-tinted hair splashes

Smooth skin from products handpicked

At the mega beauty health warehouse

For tall women that are hiding a mouse

 

Old men like me are ruined castles 

After too many battles against all

The last one lost to time and nature

Chase of faster rabbits down the hole

Becoming more dangerous hassles

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MacroBusiness Wednesday, September 17, 2025 - 00:05 Source

Below is another excellent guest post from MB reader Erin Rolandsen, CEO of Angelassist: The Guardian ran yet another piece of propaganda pleading for Big Australia, this time leaning on KPMG modelling to claim that cutting migration would actually lift house prices:  “Slashing migration would actually lead to higher house prices in Australia – here’s

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Renew Economy Tuesday, September 16, 2025 - 22:30 Source
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Renew Economy Tuesday, September 16, 2025 - 19:29 Source
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George Monbiot Tuesday, September 16, 2025 - 19:07 Source

Astonishingly, the Tufton Street junktanks that shaped Liz Truss’s agenda are still operating at the heart of government.

By George Monbiot, published in the Guardian 11th September 2025

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Renew Economy Tuesday, September 16, 2025 - 19:01 Source
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Renew Economy Tuesday, September 16, 2025 - 18:55 Source
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Cheeseburger Gothic Tuesday, September 16, 2025 - 16:16 Source

This week I've been plotting out not just World War 3.3 but the rest of the series out to 3.8. I got so tired of waiting around for the publishers to get the next edit of The Forever Dead back to me that I just started working on what it would take to do this series properly. I think I can get it done in eight books of about a hundred thousand words each. I've plotted out the overarching narrative and it seems to touch down in 3.8, so I guess we'll see.

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Cheeseburger Gothic Tuesday, September 16, 2025 - 15:14 Source

I cannot imagine what it took to do this. Some really surprising local appearances, too. Meanwhile I balk at recording a simple piece to camera.

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MacroBusiness Tuesday, September 16, 2025 - 15:00 Source

Tonight I will be appearing on DFA Live with Martin North from 8.00pm AEST, where we will discuss everything to do with the housing market and economy. The YouTube feed is below. I hope to see you there.

The post Join me tonight on DFA Live with Martin North appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 16, 2025 - 14:00 Source

Retirement Essentials has released a report, produced on behalf of industry super fund HESTA, showing that Australians who receive the age pension but continue to work can incur effective marginal tax rates of between 60% and 80%. Retirement Essentials found, among other things, that the effective marginal tax rate for a single pensioner will be

The post Use pensioners, not migrants, to fill labour shortages appeared first on MacroBusiness.

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Renew Economy Tuesday, September 16, 2025 - 13:44 Source
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Renew Economy Tuesday, September 16, 2025 - 13:13 Source
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MacroBusiness Tuesday, September 16, 2025 - 13:00 Source

Australia’s universities are among the nation’s most poorly run organisations. The number of international enrolments hit a record high of 839,200 in the year to June 2025. This was up around 13,400 (1.6%) from the 825,800 enrolments in 2024, around 130,440 (18%) higher than the same time in 2019 before the pandemic, and more than

The post Australian universities are poorly run black holes appeared first on MacroBusiness.

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Renew Economy Tuesday, September 16, 2025 - 13:00 Source
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Renew Economy Tuesday, September 16, 2025 - 12:50 Source
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Renew Economy Tuesday, September 16, 2025 - 12:12 Source
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MacroBusiness Tuesday, September 16, 2025 - 12:00 Source

The Australian’s Judith Sloan last week attacked the “shoddy” economic arguments used by those who favour large immigration numbers and open-border policies. The canards identified by Sloan include the following: Recent high figures of net overseas migration (long-term arrivals minus long-term departures) are merely a catchup from the pause caused by Covid. The overall trend

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Renew Economy Tuesday, September 16, 2025 - 12:00 Source
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Renew Economy Tuesday, September 16, 2025 - 11:34 Source
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MacroBusiness Tuesday, September 16, 2025 - 11:30 Source

In the wake of the recent assassination of American conservative commentator Charlie Kirk at an event at Utah Valley University, there has been a renewed drive for greater levels of gun control in the United States. Historically, the push for greater gun control in the U.S. has been accompanied by commentary that America should follow

The post America, Australia and the gun control debate appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 16, 2025 - 11:00 Source

Green groups have attacked the planned mass rollout of “biodiversity-destroying” wind turbines across regional Australia. Veteran conservationist and former federal Greens leader Christine Milne told The Australian that peak environmental non-­government organisations were too “frightened” to oppose renewables projects: “I find it incomprehensible that you get this line back (from NGOs) that you can’t oppose

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MacroBusiness Tuesday, September 16, 2025 - 10:30 Source

When the latest polling from Resolve was published by the Sydney Morning Herald and the other Nine Entertainment papers, it revealed that the One Nation primary vote was polling at a record high of 12%, overtaking the Greens as the third largest primary vote. While this is just one poll, a broader long-term analysis of

The post The resurgence of One Nation appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 16, 2025 - 10:00 Source

According to Domain, Australian home values are soaring at the lower end of the market, putting immense strain on affordability for first home buyers. Domain data shows that property prices in the bottom quarter of the market have increased faster than the top quarter during the last three years in most capital cities. “What it

The post First home buyers pounded by soaring prices appeared first on MacroBusiness.

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The Tally Room Tuesday, September 16, 2025 - 09:30 Source

The Tasmanian government has announced plans to “reform” Tasmanian local government by slashing the number of councillors across the state. The government has put up a discussion paper on the topic, but in short it would reduce the number of elected officials on councils to five, seven or nine members. Across the state, this would remove almost 23% of all councillor positions.

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MacroBusiness Tuesday, September 16, 2025 - 09:00 Source

From the Market Ear: AIQ at the most overbought levels since July 2024…just before markets crashed. The tech buy in Last week’s “notional net buying in global Info Tech was the largest in seven months and ranks in the 99th percentile on a 5-year lookback”. Soon enough… Everybody has been waiting for weak September… but

The post AI mania has tech seriously overbought appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 16, 2025 - 08:00 Source

In the years since pandemic-driven stimulus and ‘revenge spending’ began to feed out of the economy in the September quarter of 2022, Australia’s economy has, in headline terms, continued to grow decently enough. It’s hardly been stellar, with the economy achieving cumulative growth of just 4.63% since the June quarter of 2022, but the ‘Lucky

The post Australia – The lipstick on a pig economy appeared first on MacroBusiness.

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