Blogotariat

Asian equities are not doing well as markets start agitate over AI amid tonight’s looming US jobs report with the recent strength in the USD about to be tested. Continued volatility over trade wars amid the challenge to the Trump regime’s tariffs in the US Supreme Court are not helping either. The Australian dollar remains

The post Macro Afternoon appeared first on MacroBusiness.

If the Coalition stopped for a moment to look at science, ethics and technology, would it change much? A perfect time for Bowen to lob in idea of free solar for lunch.

The energy transition is not only about wind turbines and solar panels. It is also about using the most stable, abundant and local energy source available: Geothermal.

Some wind projects are having to pay up to $100 million - just to secure state planning approvals - partly because of the impact of long distance objectors, report finds.

Australians have suffered the deepest decline in real wages in recorded history. As of the June quarter of 2025, Australian real wages were tracking 6.0% below their June 2020 peak, at roughly the same level as December 2011. The Reserve Bank of Australia (RBA) released its Statement of Monetary Policy (SoMP) this week, which contains

The post Australia’s real wage depression appeared first on MacroBusiness.

The US jobs market is being buffeted by a number of forces. reduced government spending; tarrif shocks to margins recouped through labour efficiencies; investment uncertainty owing to the orange madman; and AI. The BLS labour market data is still down, but Revelio has a decent correlation with the NFP (roughly 0.75%), and it just printed

The post AI job shock begins in America appeared first on MacroBusiness.

The Deloitte Investment Monitor for the September quarter is out. Releasing the latest edition of the quarterly Investment Monitor report, Deloitte Access Economics Partner and lead author, Stephen Smith, said: “The value of projects in the Investment Monitor database is just under $1.2 trillion in September, which is 7% higher than a year ago. “As

The post Infrastructure winddown exacerbates jobs bust appeared first on MacroBusiness.

Elon Musk gets his trillion dollar payday and outlines plans to have a robot army numbering tens of billions. "Everyone will want one," he says.

German arms giant Rheinmetall has reported a surge in operating profit for the first nine months of 2025 and a record backlog of orders, citing the Ukraine conflict and growing EU defense budgets.

Company shares have nearly tripled over the past year on rising demand for military hardware. Rheinmetall produces a wide range of weapons supplied to Ukraine, including tanks, armored vehicles, artillery shells, and ammunition.

The Grattan Institute was at it again this week, claiming that Australia could magically solve its housing shortage if governments only permitted three-storey buildings to be allowed on any residential block in any suburb. “The key problem is that state and territory land-use planning systems say ‘no’ to new housing by default, and ‘yes’ only

The post YIMBYs deliver fake property boom appeared first on MacroBusiness.

Weak job market signals kicked the DXY rally in the teeth. AUD fell anyway on growth worries.   CNY up. Gold is trying to base. AI metals were mixed. Miners popped. EM too. Junk is holding. Bonds rallied after dodgy US jobs data. Stocks are blowing the froth off. Adding to a potential reversal in

The post Australian dollar rocket refuses to launch appeared first on MacroBusiness.

LIFE AND DEATH IS THE ESSENCE OF CREATIVE DESTRUCTION… THIS HAS BEEN THE MESSAGE FROM MR GUS LEONISKY FOR MILLIONS OF YEARS… 

THUS THE THEORY PUSHED BY PROFESSOR PHILIPPE AGHION THAT GAVE HIM THE NOBEL PRIZE IN ECONOMICS IS A STEAL FROM NATURAL LAWS — AND FROM SCHUMPETER, WHO STOLE IT FROM THE SAID NATURE AS WELL. WE KNOW. 

Nancy Pelosi, the first woman to serve as the powerful Speaker of the US House of Representatives, said on Thursday that she will not run for re-election to Congress in 2026, ending a four-decade career of a progressive Democratic icon often vilified by the right.