Blogotariat

On Thursday, I lambasted Treasurer Jim Chalmers for boasting that Labor has delivered the “longest period of consecutive real wage growth in almost a decade” following eight consecutive quarters of annual real wage growth: Chalmers’ boast came despite real wages falling by 0.5% in Q3 2025, tracking at mid-2011 levels. Australian real wages have only recovered

The post The never-ending lies of Treasurer Jim Chalmers appeared first on MacroBusiness.

The ferrous complex is still paralysed by the jaws. However, China is going to throw the kitchen sink at property. China is weighing a new round of measures to revive its ailing property market, a sector so central to the country’s economy that its continued slide threatens broader financial stability. Policymakers are discussing nationwide mortgage subsidies for

The post China throws kitchen sink at property appeared first on MacroBusiness.

One year ago, Treasurer Jim Chalmers and Finance Minister Katy Gallagher declared that the Future Fund, which is one-third the size of the Australian economy, would be directed to invest in housing and the green energy transition “where possible, appropriate, and consistent with strong returns”. This was the first time the federal government imposed certain

The Market Ear explores. Not your normal market SPX futures so far today: high 6791, low 6588. Extreme volatility continues to shake this market. SPX is well below the trend channel, as well as trading below the 50 day (starting to slope negatively). Must hold at 6600, resistance at 6800. Source: LSEG Workspace Fear running

The post Correction-a-go-go appeared first on MacroBusiness.

Federal green tick sought for plans to build a big hybrid solar and battery hybrid on the border of NSW and Queensland.

DXY is ready to pop but not yet. AUD is breaking down. CNY yawn. Gold and oil yawn. Metals say Chinese property rescue is no bueno. Miners too. EeeiiuuM Junk was OK, weirdly. Yields too. Stocks puke. US September payrolls didn’t cheer anybody. Total nonfarm payroll employment edged up by 119,000 in September but has shown

The post Australian dollar has a Japanese breakdown appeared first on MacroBusiness.

Private capital will not build Australia a world-class science system. Only the public sector can do that. And it must do so at a scale that matches the challenges ahead.

A new proposal has been pitched in the United States to address the country’s housing crisis. The Trump administration is working to introduce 50-year mortgage terms for homebuyers. Instead of the standard 30-year fixed mortgage, payments would be spread across 50 years. President Trump has framed it as a continuation of the American Dream, likening

The post Lifetime mortgages won’t help housing affordability appeared first on MacroBusiness.

Home electrification and energy upgrades at centre of state's new five-year plan to cut emissions, as it strives for a target of net zero by 2045.

The house was gloriously quiet and still today, allowing me to get back to World War 3.3. As I expected, I wasn’t able to spin up from nothing to seven hours of two-fisted manuscript punching. But I managed four hours of concentrated work, and I’m gonna take that as a win.

Mostly I worked at my desktop, but I got to one part of the chapter I’m working on at the moment (a little spoiler alert: Kim Philby and Guy Burgess tooling around the Outback, playing at saboteurs) and I thought, you know, now would be the time for these two to have a talk about everything going on in their lives.

Don Reynolds is a name forgotten to history, though he appears to hold a key to understanding who was behind the assassination of John F. Kennedy.

On November 22, 1963, the morning that Kennedy was killed, Reynolds was testifying in a closed-door session of the Senate Rules Committee about a kickback scheme he was involved in on behalf of Lyndon B. Johnson