Blogotariat

The news of the week that Deloitte had somehow managed to get AI to invent references in a report, for which they harvested 400 thousand dollars, should be a warning for all of us. What it means—Field Exercise So, for this weekend, the Macrobusiness cognoscenti has a field exercise that everyone is to complete. For

The post Chatbot consultancy vampires bleed Aussie taxpayers dry appeared first on MacroBusiness.

In March 2018, David Roberts wrote a piece in Vox bemoaning the state of the op-ed page of the New York Times; the main thrust being that these pages do not have enough diversity of opinion, but particularly, he stated that while it carries some conservatives, these authors do not reflect the madness of US conservative politics; they are “alienated from the animating force of US conservatism, which is Trumpism”1. One of the paragraphs that struck a chord with me was the following: 

Democrats have said they will not agree to end the US government shutdown unless Republicans meet their demands, with one senior aide telling CNN it would take an airline catastrophe for the party to back down.

Western surveillance and censorship is eroding digital freedom and is turning the internet into a “tool of control,”Telegram founder Pavel Durov has warned.

The Russian-born billionaire has long portrayed Telegram as an outpost for free speech and privacy, contrasting it with what he describes as authoritarian censorship efforts by Western governments.

West turning internet into ‘tool of control’ – Telegram founder

International Reading: ‘We are on the precipice of an incredibly contracting workforce,’ says jobs expert – CNBC White House announces radical new plan to allocate tariff revenue without Congress – MSNBC Bank of England Warns of Impending AI Disaster – Futurism Soybean farmer says $10B bailout is a ‘band-aid on an open wound’ – Yahoo

The post Weekend reading and MB media appearances appeared first on MacroBusiness.

    AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225     Vids                 .…..they should be banned from government contracts for a year…..  

The post Macro Afternoon: 10 October 2025 appeared first on MacroBusiness.

Queensland scales back Copperstring, but says this is where big wind and solar may be built. It also flags renewable micro-grids to power big new mines.

Queensland LNP scraps coal closure timelines, delays Borumba pumped hydro, scales back Copperstring link, supports gas and offers tiny morsel to renewables.

Recently, many Canadian commentators have noted that there was a growing gender imbalance in their nation’s younger demographics, well beyond what could be considered normal. As the chart below, from Canadian Macro and Property Analyst Ben Rabidoux, illustrates, the number of additional men versus women in the 20- to 29-year-old age demographic has grown dramatically since

The post Australia’s demographic sausage fest appeared first on MacroBusiness.

Charlie McElligott at Nomura nicely illustrates that air needs to come out of the bubble before it can inflate further. With the current stage set above, Nomura strategist Charlie McElligott notes that this trailing multi-month “Vol Crush” – certainly within Equities space – has been a function of bunches of things: 1. Prolific Equities “Vol Supply” (Structured Notes

The post The bubble in stupid appeared first on MacroBusiness.

The great cooktop distraction is back. Some of Australia’s most famous chefs including Poh Ling and Neil Perry are backing a move away from gas cooktops, championing induction as the future of cooking. A growing list of Aussie culinary stars have joined the Global Cooksafe Coalition, which advocates for all-electric kitchens in restaurants and homes.

Developing nations worldwide are facing structural labour shortages and budget deficits amid ageing populations. Germany has proposed raising the retirement age to 73 to avert a pension crisis: Germany has proposed raising the retirement age to 73 in an effort to prevent the collapse of its pension system. This proposal comes from a new scientific

The post Should Australia lift its retirement age? appeared first on MacroBusiness.