Blogotariat

Rewiring Australia's John Buchelin outlines what’s working, and what’s not, in the country's most ambitious community electrification pilot.

Overnight saw risk taking a dive as Wall Street returned and was volatile over a secret Google ruling that ended upsetting other tech stocks while the latest US manufacturing PMI print came in slightly better than expected, giving USD another drive higher. Like other undollars, the Australian dollar gave up its recent gains to head

The post Macro Morning appeared first on MacroBusiness.

The Albanese government has ignored the weekend’s protests and maintained Australia’s permanent migrant intake at the historically high level of 185,000. “It follows consultation with the states and territories, which recommended maintaining the size and composition of the Program, with a focus on skilled migration”, Immigration and Home Affairs Minister Tony Burke said via media

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DXY is up again. AUD is down again. CNY has popped. Gold is screaming at Trump to back off the Fed. Metals too. Mining bear still intact. EM no bueno. Junk hard reversal. The long bond is still selling. Stocks no likee. The ISM had a distinctly stagflationary feel. The Manufacturing PMI® registered 48.7 percent

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Leaked documents reveal how a shadowy BBC unit is “embedding” staff in foreign media outlets to “contest the information space” and generate “behaviour change” in favor of London’s geopolitical objectives.

Plans for an undersea power cable between Tasmania and mainland Australia reach financial close after a record multi-billion dollar commitment from the CEFC.

Asian share markets are seeing mixed results as traders await the return of US markets from their long weekend with the latest news about a US/Japan trade deal sending Yen lower without any real action. The chance of more rate cuts from both the BOJ and ECB firmed with the ratings agencies today but that

The post Macro Afternoon appeared first on MacroBusiness.

There are many Americans who have noticed Trump’s swollen ankles, the large bruises on his hands, and his increasingly incoherent speech, and speculate that he is in rapid terminal decline, and will soon die. The White House itself has announced that Trump is suffering from chronic venous insufficiency1.

Chris Bowen seeks to rally pro-renewable farmers to the green energy transition, but admits more work needs to be done to improve consultation and benefits.

The latest dwelling value results from PropTrack show that Melbourne continues to lag the other major capital cities for price growth. Melbourne dwelling values rose by just 2.1% in the year to August, easily the softest growth among the state capitals. As illustrated in the following chart, Melbourne dwelling value growth has lagged the other

The post If you want a cheaper house, move to Melbourne appeared first on MacroBusiness.

Deutsche with the note. Announcement of Cook’s removal President Trump announced the removal of Governor Cook from the Federal Reserve Board, citing “cause” due to alleged fraud in relation to mortgages she took out on properties before her appointment to the Board. This announcement was the culmination of intensifying pressure from the administration in recent

The post How AI could end the Fed appeared first on MacroBusiness.

The ferrous complex is breaking again, right on time for seasonality. Rebar is in freefall. HRC will follow. Iron ore is next. Scuttlebutt is bearish. Steel stockpiles at major Chinese mills jumped 4% between August 11-20 to reach 15.67 million tons, according to official data. This inventory buildup signals softer domestic consumption despite targeted production

The post Iron ore rocked by reality appeared first on MacroBusiness.