Blogotariat

Regulator approves more than $5bn spend for network operating in Australia's most renewable state, but says inflation, not innovation, is driving up costs.

Community independent Nicolette Boele explains how better climate and energy policy could help tackle Australia’s cost-of-living and housing crises.

Elderly parent visas are Australia’s most costly and should be abolished. Around 8,500 permanent parent visas are issued every year. The 2023 Migration Review from the Australian Treasury estimated that each parent visa costs Australian taxpayers $393,000: The Treasury has estimated that each parent permanent migrant costs $393,000 over their remaining lifetime in Australia. Older

The latest polling from Resolve Political Monitor shows Labor leading the Coalition 53% to 47% in two-party terms. Anthony Albanese also leads Peter Dutton by 47% to 31% as preferred Prime Minister. However, Resolve notes that Labor’s primary vote “remains weaker than it was at the last election, down from 32.6% to 3%, highlighting the

The post Peter Dutton prays for an election miracle appeared first on MacroBusiness.

The ferrous complex is not well. As the trade shock begins. Morgan Stanley. Our Asia Economists see China’s 2Q GDP growth tracking below 4.5% Y/Y (vs. 5.4% Y/Y in1Q) as more hard data points are showing that tariffs are affecting activity: container throughput is declining, freight shipping prices to the US are slumping, and China’s

The post Iron ore at the edge appeared first on MacroBusiness.

The Market Ear on diving US leading indicators.    Post crisis lows VIX at the lowest levels since the early April panic. Note the aggressive VVIX implosion, as well as the latest little bid in VVIX. Volatility is not dirt cheap, but early long volatility positions/hedges are starting to screen attractive again. Our full volatility

The post Here comes the recession appeared first on MacroBusiness.

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.

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.

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.

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.

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.

Three natural disasters in 2023 and 2024 will add $51m to Queenslanders' electricity bills over the next two years.

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.