Blogotariat

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

Tree-change couple say they are shocked at "immature and unsophisticated" lenders after having mortgage rejected due to a wind farm caveat.

Neeraj Das from ElecSome on the huge economic and resource opportunity solar recycling presents for Australia – and how close we are to stuffing it up. Plus news of the week.

New report from Climate Analytics says if countries deliver on prior promises it would reduce average global warming by nearly 1°C.

All recent opinion polls show that Australian voters are fed up with excessive levels of immigration. People cite the impact on the housing market as a major concern. Recently, AMP chief economist forecast that Australia’s cumulative housing shortage is at least 200,000 and could be as much as 300,000. The latest projections from the National

It is maddening watching the Domain newspapers distort everything about property. Real estate agents will have to disclose a home’s reserve price well before buyers attend auctions under Australian-first laws aimed at tackling rampant property underquoting in Victoria. The fundamental change, to be announced by the Allan government on Thursday, follows this masthead’s Bidding Blind investigation, which