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Renew Economy Friday, July 11, 2025 - 15:09 Source
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Renew Economy Friday, July 11, 2025 - 15:00 Source
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Renew Economy Friday, July 11, 2025 - 14:59 Source
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MacroBusiness Friday, July 11, 2025 - 14:00 Source

Get set for a “growth mindset”. Or, should that read, get ready for a barrage of motherhood statements followed by a corporate tax cut? The PC’s Danielle Wood is readying for her moment of glory. Nine. First, we can’t talk about productivity without talking about the immense potential of new technologies such as artificial intelligence.

The post Producitivity blather cover for corporate tax cut? appeared first on MacroBusiness.

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Your Democracy Friday, July 11, 2025 - 13:51 Source

America Just Made the Greatest Mistake of the 21st Century

https://www.youtube.com/watch?v=lNzafnexnFE

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MacroBusiness Friday, July 11, 2025 - 13:30 Source

Unlike the sick man of Asia, the US is rebuilding industry. Morgan Stanley. Our US Industrials analysts note that since 2018, the US has increased its share of global capex significantly — a notable reversal from the decline following China’s WTO entry in 1999. The US now accounts for roughly 30% of incremental global capex,

The post US rebuilds industry as Australia throws it away appeared first on MacroBusiness.

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Renew Economy Friday, July 11, 2025 - 13:23 Source
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Renew Economy Friday, July 11, 2025 - 13:08 Source
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MacroBusiness Friday, July 11, 2025 - 13:00 Source

Back in October 2009, then Prime Minister Kevin Rudd publicly came out in favour of a ‘Big Australia’ following the release of what was then the latest Intergenerational Report. The plan was to rapidly expand Australia’s population growth to a level where it would hit 35 million by 2050. At the time, this prompted criticism

The post Mapping the era of “Big Australia” appeared first on MacroBusiness.

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MacroBusiness Friday, July 11, 2025 - 12:30 Source

A couple of stories today make for some very unsettling reading about Kevin Rudd’s role in Australia’s pivot to China. The pivot comprises two halves. First, Rudd is failing in Washington. With Australia clearly on the outer of the Trump administration, we already know Rudd’s pre-appointment insults have played a passive role. Now, it appears

The post Rudd wrecking ball flattens national interest appeared first on MacroBusiness.

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Renew Economy Friday, July 11, 2025 - 12:09 Source
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MacroBusiness Friday, July 11, 2025 - 12:00 Source

With the release of the latest U.S. employment figures last week, a still relatively robust American labour market in aggregate was revealed. In the minutes and hours that followed, analysts began to put together the pieces as to why it had remained so strong: non-market job creation. For those perhaps not familiar with the term,

The post America’s taxpayer funded jobs boom appeared first on MacroBusiness.

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MacroBusiness Friday, July 11, 2025 - 11:30 Source

At the recent federal election, the Albanese government was reelected with by far the best result for a first-term government in the nation’s post-World War 2 history. Such was the failure of the Opposition, led by Peter Dutton, to present an alternative case for its leadership to the Australian people that the Coalition now holds

The post Coalition spreads Victoria disease everywhere appeared first on MacroBusiness.

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Your Democracy Friday, July 11, 2025 - 11:11 Source

 

Ukraine’s Vladimir Zelensky claimed he had no idea about the atrocities committed by the Ukrainian Nazi collaborators during the World War II until confronted on the issue by Poland’s president, Andrzej Duda, the latter has told the Polish RMF24 broadcaster.

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MacroBusiness Friday, July 11, 2025 - 11:00 Source

Chinese inflation is sinking again. The CPI is stalled while the PPI gallops backwards. CPI: +0.1% yoy (+1.9% mom annualised*) in June vs. GS: -0.1% yoy, Bloomberg consensus: -0.1% yoy; May: -0.1% yoy (+0.5% mom annualised*). Food: -0.3% yoy in June (+6.2% mom annualised*) vs. -0.4% yoy in May. Non-food: +0.1% yoy in June (+1.1%

The post Here comes the next Chinese yawnulus appeared first on MacroBusiness.

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MacroBusiness Friday, July 11, 2025 - 10:30 Source

When Cotality starts talking about specific suburbs, you know the boom is not here yet. Almost 45% of all suburbs across Australia are now at a record high in value, according to Cotality’s latest Housing Chart Pack. The suburb-level analysis reveals the broad-based nature of the current housing upswing, with values across 44.8% of the 3,722 suburbs

The post Not your grandfather’s housing boom appeared first on MacroBusiness.

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MacroBusiness Friday, July 11, 2025 - 10:00 Source

The Market Ear on crushed volatility. The rocket fuel is running out. Kill volatility The race to reset VIX and MOVE has been strong, but don’t forget volatility is a mean reverting asset. Source: LSEG Workspace Natural floor Using options for directional plays is attractive again… irrespective if you are bullish or bearish. VIX at

The post Stocks only go down appeared first on MacroBusiness.

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The Tally Room Friday, July 11, 2025 - 09:30 Source

I wrote a blog post last weekend about how the NSW government has been sneaking in a change to how council vacancies are filled into a bill that is billed as primarily ending the privatisation of council election administration.

Since then I’ve had the chance to do a bit more analysis on the topic and I wanted to provide more data to inform the debate. This was too late to be included in my inquiry submission so hopefully it can be found useful by MPs anyway.

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MacroBusiness Friday, July 11, 2025 - 09:30 Source

DXY is up and EUR down. AUD doesn’t care because Chyna! Lead boots are not so persuaded. Oil sense, gold trouble. Metals scream Chyna! Even big miners! EM meh. Yields edged up. Stocks stalled. Chyna! is going to yawnulate again! And consolidate! No it isn’t. But we can enjoy the rally while it lasts. Oddly,

The post Australian dollar rockets on China hope appeared first on MacroBusiness.

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MacroBusiness Friday, July 11, 2025 - 09:00 Source

New record highs for Wall Street and Bitcoin as the latest US weekly initial jobless numbers weren’t as high as expected, giving USD another lift against most of the undollars. However, the Australian dollar rallied on more Chinese stimulus speculation while Lots of auctions in the US Treasury market saw 10 year yields dip lower

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Friday, July 11, 2025 - 08:57 Source
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Your Democracy Friday, July 11, 2025 - 08:35 Source

This is the way the world ends, not with a bang but a flooding: With apologies to T. S. Eliot

Every year the UN runs a Climate Change Conference – the next is scheduled for November in Brazil. High on the agenda will be the plight of Pacific Islanders seeing their homes drown. There’s an equally pressing need close by, but the solutions seem doomed.

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Renew Economy Friday, July 11, 2025 - 07:22 Source
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Renew Economy Friday, July 11, 2025 - 07:18 Source
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Your Democracy Friday, July 11, 2025 - 06:46 Source

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Your Democracy Friday, July 11, 2025 - 06:04 Source

THE DEVIL OF MONEY

We see people of adventure 

who hunt this curse

To lock it in their purse 

each judges one’s misfortune

that to make awful times better 

one would have to stop the blither.

 

All of you who criticise the spirit of this image, 

have you never paid money any homage? 

These warriors, these scholars, these learned doctors,

These bourgeois, these merchants, this singer,

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Your Democracy Friday, July 11, 2025 - 05:29 Source

I’m mesmerised by a beautiful system

Full name is spelled De-mo-cra-cy

It demands trust in a ma-jo-ri-ty

A barking pack of dreadful MAGA men

 

When half of the people plus one are dumb

And the others are super-intelligent like me

Not a chance we have to really be

Anything but full of stark darkly glum

 

Trump plays to enter all conversations

Like a worm in Robert Junior’s brain

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Renew Economy Thursday, July 10, 2025 - 17:04 Source
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MacroBusiness Thursday, July 10, 2025 - 16:00 Source

Most Asian share markets are mixed despite a solid lead from Wall Street overnight, with local stocks taking back their recent losses despite the constant bullying from the Trump regime’s tariffs on pharmaceuticals. There’s more tariff announcements and letter printing on the way, but of course we still await the TACO trade. Oil markets are

The post Macro Afternoon appeared first on MacroBusiness.

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George Monbiot Thursday, July 10, 2025 - 15:55 Source

Without resistance, a combination of new laws and new technologies of control will rush us towards dystopia.

By George Monbiot, published in the Guardian  4th July 2025

No one can be trusted with power. Any government will oppress its people if not constantly and inventively challenged. And the task becomes ever-more urgent as new technologies of surveillance and control are developed.

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