Blogotariat

International Reading: The RAND Corporation estimates that rich parasites have stolen $79 Trillion from workers and the public since 1975 – Rand Trump Attacks ‘American Disgrace’ Jerome Powell: ‘One of the Dumbest, and Most Destructive, People in Government’ – Mediate Social Security is on track to deplete its trust funds by 2034, one year sooner

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   …..and furthermore…..   East listening    

The post Macro Afternoon: 20 June 2025 appeared first on MacroBusiness.

Cotality’s latest dwelling value results for New Zealand revealed that home values fell by 1.6% in the year to May to be 16.3% lower than their peak. As illustrated in the following chart from Cotality, home values have fallen heavily across all major markets. Separate data from the Real Estate Institute of New Zealand (REINZ),

The post New Zealand’s ‘big and beautiful’ property crash appeared first on MacroBusiness.

Let’s do some more worrying, shall we. The Australian. The waning possibility of Anthony Albanese landing a face-to-face meeting with Donald Trump in coming weeks has sparked alarm from the Coalition and defence ­experts, who have raised concern about the two leaders not meeting before Washington’s controversial AUKUS review concludes and instead leaving the outcome

The post Want to meet Trump? Sack Rudd appeared first on MacroBusiness.

The Association of Superannuation Funds of Australia’s (ASFA) latest modelling suggests that a couple who own their home now requires annual income of $73,875 to live comfortably in retirement. The figure for a single person who owns their home is $52,383. The analysis also shows that the cost of a comfortable retirement increased by 1.6% in

The post Why do retirees need more comfort than workers? appeared first on MacroBusiness.

Thursday’s Q4 2024 population data from the Australian Bureau of Statistics (ABS) revealed that “natural increase” (i.e., the number of births minus deaths) fell to only 105,200 in 2024, close to the lowest level on record. There were 292,500 births in 2024, offset by 187,300 deaths, the latter of which have risen following the Covid-19

The post Having children is becoming a luxury appeared first on MacroBusiness.

The proposed purchase of San

Westpac with the note. The Westpac-DataX Card Tracker Index* has firmed over the last two weeks after a very volatile period through Mar, Apr and May. The latest weekly read of 140 is up 2.3pts from the end of May, the last two weeks recording the strongest average read outside of the post-holiday rebound in

The post EOFY lifts consumer pall appeared first on MacroBusiness.

The monthly growth in Seek advertised salaries has shown hints of stabilisation but is still trending lower. I expect the fade to continue as the immigration-led labour market expansion economic model does its thing. I do not expect we’ll get back to last cycle’s lows because the Labor government is forcing more wage rises via

The post The boom in Adelaide bureaucrats appeared first on MacroBusiness.

Green groups accuse premier of putting fossil interests before constituents with pledge to fast-track approvals and defence of coal as “environmentally sustainable”.

Now that we have a complete two-party-preferred vote for all of Australia, we can look at the distribution of seat margins and swings across the country.

For this post, I have produced a number of charts which show the distribution of seats by two-party-preferred result, and also by two-party-preferred swing. I also attempt to chart out the two-candidate-preferred swings in non-classic seats, or at least those which have a valid swing compared to 2022.