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MacroBusiness Wednesday, April 30, 2025 - 10:00 Source

The composition of Australia’s international student enrolments has changed drastically over the past 20 years. In December 2005, 288,579 overseas students were studying in Australia. China (63,695) dominated enrolments, with India (24,644) in a distant second position. The Department of Education didn’t even list Nepal. Nine years later, in December 2014, 452,965 overseas students enrolled in

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MacroBusiness Wednesday, April 30, 2025 - 09:30 Source

DXY struggles on. AUD is holding support. Lead boots plod on. Oil is pointing the way for growth. Metals meh. Mining meh. EM meh. Junk has entered autobid as equities rise. And yields fall. VIX down means stocks up with robots. Deutsche says DXY is stuffed. DB tracks two near real-time measures of US capital

The post Australian dollar rides greenback revulsion appeared first on MacroBusiness.

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Your Democracy Wednesday, April 30, 2025 - 09:02 Source

People are being asked to vote for the Coalition on the grounds that it is better at managing the economy. But the current evidence does not back up that claim.

For generations, the Liberal Party has asserted that it is better than Labor at managing the economy. This election, Peter Dutton has repeated this message more than ever.

 

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MacroBusiness Wednesday, April 30, 2025 - 09:00 Source

A better night on Wall Street due to better earnings reports and by absorbing the Canadian general election outcome. The USD was able to push back slightly against most of the majors although Pound Sterling remains at a new three year high amid the growing UK/EU detente on trade. The Canadian Loonie firmed slightly on

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Wednesday, April 30, 2025 - 08:23 Source

Of all the people I meet on my short swing through America’s midwest, the gruff man who lived at a roadside ranch called Hog’s Haven near the Minnesota-Iowa border might have said it best.

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Your Democracy Wednesday, April 30, 2025 - 07:31 Source

German Defense Minister Boris Pistorius voiced skepticism about Russian President Vladimir Putin's unilateral ceasefire in Ukraine. Meanwhile, Ukraine said a Russian drone strike killed a young girl. DW has the latest.

Defense Minister Boris Pistorius said he was skeptical about Russian President Vladimir Putin's May 8-10 cease-fire in Ukraine.

 

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Renew Economy Wednesday, April 30, 2025 - 07:29 Source
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MacroBusiness Wednesday, April 30, 2025 - 07:28 Source

CoreLogic’s daily dwelling values index, which tracks value growth across the five major capital cities, recorded stalling momentum in April. Across the five major capitals, values rose by only 0.2% over the month, down from 0.4% growth in March. As illustrated below, the slowing in growth was broad-based, led by Sydney, Melbourne, and Adelaide, whereas

The post House prices fade as Aussies wait on RBA appeared first on MacroBusiness.

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Renew Economy Wednesday, April 30, 2025 - 07:25 Source
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The Tally Room Wednesday, April 30, 2025 - 07:00 Source

Ben is joined by Peter Brent and the ABC’s Tom Crowley for the final pre-election episode of the 2025 federal election campaign. We discuss how a hung parliament might play out and the experience of riding Peter Dutton’s campaign bus. For our seat of the week we discuss the NSW seat of Werriwa.

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MacroBusiness Wednesday, April 30, 2025 - 00:05 Source

CoreLogic has released the following snapshot of housing affordability across Australia, broken down by four metrics. As illustrated above, affordability to purchase or rent nationally was tracking at its worst level in history at the end of 2024. Specifically: The national dwelling value-to-income ratio was an equal record high of 8.0 as of 31 December

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Renew Economy Tuesday, April 29, 2025 - 20:03 Source
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Renew Economy Tuesday, April 29, 2025 - 19:51 Source
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WixxyLeaks Tuesday, April 29, 2025 - 17:37 Source

How I’ll be voting this election and why.

It’s not often that we get the chance to directly influence the manner in which the Australian Government deals with a continuing genocide.

With that, I thought I’d give you a rundown on what will guide my vote, and how I’ll be voting in the Senate.

To start with, let’s look at the major parties, and their current positions on the genocide.

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Your Democracy Tuesday, April 29, 2025 - 16:52 Source

All of Kellogg’s underlying assumptions lacked any basis in reality. Yet Trump seemingly took them on trust.

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MacroBusiness Tuesday, April 29, 2025 - 16:30 Source

Risk markets are trying to digest quite a bit of macro news today with the Canadian election resulting in a Liberal victory, while a small reprieve in auto tariffs by the Trump regime looks possible amid the UK/EU announcing what could be a reversal in post Brexit trade barriers. The USD is back on the

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, April 29, 2025 - 15:23 Source

Nationals senators Bridget McKenzie Matt Canavan

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Renew Economy Tuesday, April 29, 2025 - 15:16 Source
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Renew Economy Tuesday, April 29, 2025 - 15:16 Source
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Renew Economy Tuesday, April 29, 2025 - 14:45 Source
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Renew Economy Tuesday, April 29, 2025 - 13:35 Source
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MacroBusiness Tuesday, April 29, 2025 - 13:30 Source

CBC. Prime Minister Mark Carney’s Liberal Party is predicted to have won Canada’s federal election, according to local media. The Canadian Broadcasting Corporation (CBC), the national public broadcaster, said the Liberals will win more of parliament’s 343 seats than the Conservatives. A record number of Canadians voted in this election, which also became a referendum

The post Trump wins elections for globalists appeared first on MacroBusiness.

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Cheeseburger Gothic Tuesday, April 29, 2025 - 13:13 Source

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MacroBusiness Tuesday, April 29, 2025 - 13:00 Source

Before it turned full-blown woke, The Australia Insititute (TAI) used to talk sense on immigration. In 2015, TAI published an excellent research paper calling for a national debate on Australia’s future population: Since the Sydney Olympics in the year 2000 the population of Australia has grown by 25 per cent. In fact, since the Sydney

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Renew Economy Tuesday, April 29, 2025 - 12:56 Source
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Renew Economy Tuesday, April 29, 2025 - 12:52 Source
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MacroBusiness Tuesday, April 29, 2025 - 12:30 Source

Liberal leader Peter Dutton was questioned about his plans to cut the permanent migrant intake from 185,000 in 2024-25 to 140,000 in 2025-26. Dutton suggested that cuts to migrant worker numbers could be partly offset by permitting pensioners to work more hours without reducing their pension. “That will replace some of the international labour that

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

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MacroBusiness Tuesday, April 29, 2025 - 12:00 Source

The ferrous complex is still struggling. Reports from the ground in China are dour. Goldman. Over the past week, we met with onshore clients in Beijing and Shanghai, including mutual funds, private equity firms, and asset managers from banks, brokers and insurance companies. Compared to two months ago(late February), local investors are more concerned about

The post Iron ore into the tariff shock appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 29, 2025 - 11:30 Source

Australia’s residential property market vacancy rates are still near a record low of only 1%. The Australian Greens announced that abolishing negative gearing and the capital gains tax (CGT) discount would be a priority in a minority government. The Greens’ policy is as follows. Grandfather negative gearing and the 50% CGT discount to one investment

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MacroBusiness Tuesday, April 29, 2025 - 11:00 Source

China is easily the world’s largest carbon emitter, comprising 31.5% of global emissions in 2023, according to Our World In Data. China’s insatiable coal consumption has largely driven its near exponential rise in emissions. China is the world’s largest coal producer, importer, and user, accounting for around 30% more coal consumption than the rest of

The post China doubles-down on coal use appeared first on MacroBusiness.

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