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Oz Blog News Commentary
Your Democracy Thursday, November 6, 2025 - 08:29 Source

Signs of the ongoing US government shutdown causing difficulties or uncertainties for US soldiers appeared, and then were swiftly removed after drawing attention, on the US Army Garrison Bavaria website this week. 

The US Army Garrison Bavaria is the army's largest group outside the US with around 36,000 troops stationed across four facilities in Germany.

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Your Democracy Thursday, November 6, 2025 - 05:44 Source

 

Ukrainian leader Vladimir Zelensky’s recent tour of several units fighting in the Donbass featured a flurry of Nazi and Nazi-adjacent symbolism, worn on the flags and shoulder patches of Ukrainian servicemen. None of it, of course, was picked up by Western media.

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Your Democracy Thursday, November 6, 2025 - 05:33 Source

When the razzle dazzle of the prime minister’s first face-to-face meeting with the mercurial US president is forgotten and the huge sigh of relief that nothing went wrong subsides, questions will be asked about what all the puffery achieved.

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Your Democracy Thursday, November 6, 2025 - 04:37 Source

.... Now it remained for Minin and Pozharsky to take the Kremlin.

The Polish garrison in the Kremlin did not want to give up, but quickly ran out of food supplies. First, they resorted to eating crows, rats, and grass, and then set upon their dead comrades in an orgy of cannibalism. The Russians subsequently discovered an absolutely monstrous trophy in the Kremlin worthy of a horror movie – a barrel of salted human flesh.

 

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MacroBusiness Thursday, November 6, 2025 - 00:05 Source

Cotality’s house price results for October noted that values are growing more strongly at the lower-to-middle end of the market. Across the combined capital cities, dwelling values in October rose by 1.4% across the middle market and by 1.2% across the lower quartile, while the upper quartile values increased by only 0.7% over the month.

The post Property investors front-run first home buyers appeared first on MacroBusiness.

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Renew Economy Wednesday, November 5, 2025 - 22:22 Source
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Your Democracy Wednesday, November 5, 2025 - 21:17 Source

One Nation leader Pauline Hanson will rail against the Coalition and lavish praise on Donald Trump as she rubs shoulders with the US president’s inner orbit at a $25,000-a-head conservative forum at Mar-a-Lago in Florida.

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Club Troppo Wednesday, November 5, 2025 - 17:48 Source

AI consciousness Is the chess program on your phone conscious? Is ChatGPT5 a conscious agent? Will ChatGPT9 be conscious? Most people would answer no to the first question, don’t think so to the second and “don’t know” to the last. … Continue reading →

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Cheeseburger Gothic Wednesday, November 5, 2025 - 17:29 Source

It’s been maybe twenty years since I last had one — before the kids went to school, I think. And I don’t know that we used it much, because we already had plenty of books at home. It just seemed like a good idea at the time. Eventually, I realised I hadn’t used it for a couple of years, didn’t know where the physical card was, and didn’t think about it again for a couple of decades.

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MacroBusiness Wednesday, November 5, 2025 - 16:30 Source

The fallout from last night’s selloff on Wall Street has hit most of Asian markets in today’s session although local shares escaped the carnage following yesterday’s hold from the RBA. The USD reversed slightly against some of the major currency pairs particularly the Australian dollar although the Canadian Loonie couldn’t find any support as the

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Wednesday, November 5, 2025 - 14:43 Source
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Renew Economy Wednesday, November 5, 2025 - 14:38 Source
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Renew Economy Wednesday, November 5, 2025 - 14:25 Source
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MacroBusiness Wednesday, November 5, 2025 - 14:00 Source

The past month has seen a procession of opinion polls proving that Australians reject excessively high immigration levels. Polling by Macquarie University’s Housing and Urban Research Centre showed that two-thirds (66%) of respondents believe that Australia should reduce the rate of immigration to address the housing crisis: Resolve Political Monitor’s polling of 1,800 Aussies from

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Renew Economy Wednesday, November 5, 2025 - 13:40 Source
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MacroBusiness Wednesday, November 5, 2025 - 13:30 Source

There is nothing gold likes less than a strong DXY supported by a hawkish central bank. The Market Ear. Watching $3900 Gold putting in another big down candle. $3900 is the line in sand level to watch (50 day comes in slightly lower). A close below that area and things could accelerate further to the

The post Into the golden toilet appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 5, 2025 - 13:00 Source

In the world of economics, a recession is often defined as two consecutive quarters of declining economic growth in inflation-adjusted terms. But in the realm of housing supply, the role of inflation is played by demand growth. By this metric, Australia’s housing supply growth has been in a recession in net terms for over four

The post Australia’s housing recession appeared first on MacroBusiness.

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Renew Economy Wednesday, November 5, 2025 - 12:54 Source
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Renew Economy Wednesday, November 5, 2025 - 12:49 Source
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MacroBusiness Wednesday, November 5, 2025 - 12:30 Source

I reported earlier this week that the number of temporary visa holders in Australia (excluding visitors) hit a record high of 2,547,000 in the September quarter of 2025, up 83,200 on the prior year’s record: The share of Australia’s population on temporary visas has also ballooned to a record high of 9.2%, up from 7.2%

The post Indians exploit Australia’s visa system appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 5, 2025 - 12:00 Source

The problem with wind and solar power is that they are weather-dependent and intermittent. Renewables don’t balance supply with demand. They supply too much power when it isn’t needed (e.g., in the middle of the day) and minimal power at other times, including the evening peak. This solar glut can also force energy regulators to

The post Albo launches new energy gimmick appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 5, 2025 - 11:30 Source

Mike Burgess, director-general of the Australian Security Intelligence Organisation (ASIO), warned that a foreign government might attempt to kill a dissident on Australian territory, and the majority of outlets carried his warning overnight. In a speech to Sydney’s Lowy Institute think tank yesterday night, the head of ASIO stated that there was a “realistic possibility”

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MacroBusiness Wednesday, November 5, 2025 - 11:00 Source

The jaws must shut to restore steel mill profitability. The range trade must break down. Scuttlebutt is nasty. Iron ore prices typically rebound from early November to February before easing. However, significant losses from winter stockpiling in recent years, along with current high operating rates, may curb stockpiling enthusiasm this year, said Chinese broker Zhongtai

The post Iron ore threatens breakdown appeared first on MacroBusiness.

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xkcd.com Wednesday, November 5, 2025 - 11:00 Source

The package weighs 7 kg 9 oz.

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MacroBusiness Wednesday, November 5, 2025 - 10:30 Source

The Market Ear has some concerns. AI’s not the problem. Euphoria is No, this isn’t a “we hate AI” note. It’s a trading technical read on a market that’s gone full parabolic. For the first time in over a year, every indicator we track in Mag7 is flashing red contrarian sell. The indicators don’t care

The post AI turns to debt to fund the boom appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 5, 2025 - 10:00 Source

God save me from the eggheds of the RBA. RBA governor Michele Bullock, in her opening statement addressing a press conference, says the central bank may have misjudged “the gap” between supply and demand in the economy. “Overall, when we take into account a broad range of indicators, we judge that the labour market is

The post RBA drops Ukraine War 2.0 on households appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 5, 2025 - 09:30 Source

DXY is breaking out in the nightmare scenario for everybody. AUD was monkeyhammered. CNY is gassed. Gold and oil no bueno. AI metals no more. The chosen one gaps into madness. EM yeh, nah. Junk knew. Yields offer hope. Stocks did a gold. There is nothing this market hates more than a rising DXY. One

The post Australian dollar declares RBA an idiot appeared first on MacroBusiness.

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Your Democracy Wednesday, November 5, 2025 - 09:24 Source

On July 4, 1776, America freed itself forever, it believed, from the tyrannical rule of kings. Yet here we are today, almost 250 years later, as millions of Americans are gearing up for the 2028 presidential election, contemplating the possibility that Donald Trump will opt to remain in power. And it’s not altogether beyond the realm of possibility.

 

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MacroBusiness Wednesday, November 5, 2025 - 09:00 Source

Wall Street corrected sharply overnight led mainly by tech stocks as the NASDAQ fell back nearly 2% in response to a variety of concerns – mainly the looming spectre of stagflation – but also some disappointment around earnings at the orc-stronghold of Palantir. The USD is pushing higher against all the majors with the Canadian

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Wednesday, November 5, 2025 - 08:28 Source
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