Your Democracy
Thursday, September 4, 2025 - 15:36
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I am going to cover two different issues here today, but both pertain to Donald Trump. I am not a Trump Derangement Syndrome (TDS) person. I do not reflexively dislike President Trump, but I find myself more disturbed about his foreign policy and his military actions, which counter his professed claim to be seeking peace. Let’s start with the attack on an alleged Venezuelan boat on Monday by the US Navy… It was a criminal act by US forces in my view.
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Regulator says major gentailer inflated wholesale electricity prices by $66 million over nine months |
Renew Economy
Thursday, September 4, 2025 - 14:53
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Renew Economy
Thursday, September 4, 2025 - 14:38
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MacroBusiness
Thursday, September 4, 2025 - 14:00
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Friday’s NFP is a massive release for markets. BofA offers its preview. August payrolls:re-acceleration? We expect Aug payrolls to rise by 90k (consensus:75k, Jul: 73k). Although initial claims increased during the survey week, the four-week average remained at modest levels and not far from the July average (Exhibit 2). Also, continuing claims declined during the The post US jobs to rebound? appeared first on MacroBusiness. |
Renew Economy
Thursday, September 4, 2025 - 13:56
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MacroBusiness
Thursday, September 4, 2025 - 13:30
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Last week, my local WhatsApp group exploded with footage of an attempted daylight carjacking a few hundred metres from my home in Ashburton. The footage made national news. It was the third type of event close to my home in the past month, the others being one successful and one attempted home invasion and car theft. The post Crime wave sweeps GTA Melbourne appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 4, 2025 - 13:00
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Australia is starting to resemble 1984’s Ministry of Truth. First, the Albanese government performed a policy-180 and announced that Australians under the age of 16 would be banned from viewing YouTube. Prime Minister Anthony Albanese also wants to expand Australia’s draconian media restrictions globally. Albanese indicated that he will advocate Australia’s world-first social media age The post Welcome to Albo’s Ministry of Truth appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 4, 2025 - 12:30
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We should not be surprised. It was obvious in 2021/22 that Labor had no compass for Australian strategic policy in the national interest. Not to mention the longer-term campaign by greybeards of the party to sell us to Beijing. Back then, when China unleashed its trade coercion attack, Labor could not wait to blame Australia The post Immortan Dan to lock down Australia permanently appeared first on MacroBusiness. |
Cheeseburger Gothic
Thursday, September 4, 2025 - 12:19
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I'm still deep in the seventh level of proofreading hell on WW 3.2, doing my last pass while I wait for Chris Pepper to send me his nitpicks. I just spent a couple of minutes staring at this passage of text, trying to figure out what was wrong with it. |
Renew Economy
Thursday, September 4, 2025 - 12:03
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MacroBusiness
Thursday, September 4, 2025 - 12:00
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Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, looks at deepening problems in long bond yields and what they mean for valuations in the stock market Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness The post MB Fund Podcast: The Global Bond Rout appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 4, 2025 - 12:00
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The Australian Bureau of Statistics (ABS) population data is a lottery. The population figures in the Q3 and Q4 2024 national accounts releases (here and here) diverged significantly from the official quarterly population data issued a few weeks later. Therefore, population numbers implied in the quarterly national accounts (and other releases) can and do get The post Australia’s population growth rebounds appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 4, 2025 - 11:30
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The fix is in for Australian gas. The deeply corrupt Albanese government is undertaking a review of gas policies with both hands tied behind its back, having already ruled out the only policy that makes sense: retrospective reservation for QLD gas exporters. What we are seeing instead, again, is performative democracy in which everyone pretends The post Build the LNG import terminals! appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 4, 2025 - 11:00
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Yesterday’s GDP figure has markets very upset. There is nothing like a strong economy to kill overvalued securities prices these days. They needn’t fear. The Aussie consumer is not “back”. Yesterday’s GDP was boosted by one-offs, and the gas cartel will take care of the rest of the year. Household consumption grew 0.9% in the The post The Aussie consumer is not “back” appeared first on MacroBusiness. |
The Tally Room
Thursday, September 4, 2025 - 10:42
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There’s been a lot of talk about expanding the size of Australia’s federal parliament in the last few years. Some of us have been talking about this for a lot longer, but it has seemed feasible since Labor took power in 2022. |
MacroBusiness
Thursday, September 4, 2025 - 10:40
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Australia’s home building sector appears to be one giant contradiction. On one hand, Australia possesses the strongest level of new dwelling completions per capita in the Anglosphere and one of the highest levels in the entire developed world. In fact, Australia has been in an absolute ascendancy over its Anglosphere rivals for the last 40 The post The collapse of Australian home building appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 4, 2025 - 10:20
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The ferrous complex continues its great levitation. At least, iron ore does. Steel is stuffed. Ask yourself, why are steel prices tumbling when production is shut in for Beijing’s warmongering parade? Too much steel, with more coming when the parade ends, as the last of the margin expansion of the past few months is devoured. The post Iron ore bears gather appeared first on MacroBusiness. |
Renew Economy
Thursday, September 4, 2025 - 10:14
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MacroBusiness
Thursday, September 4, 2025 - 10:00
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This week, the Albanese government announced that the permanent migrant intake would remain at 185,000 places in 2025-26, with 132,200 places set aside for ‘skilled migrants’. When the 20,000 humanitarian intake and 3,000 Pacific Engagement Visas are added, Australia’s permanent migrant intake has effectively been set at 208,000. It is important to point out that, |
MacroBusiness
Thursday, September 4, 2025 - 09:30
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The following chart from Justin Fabo at Antipodean Macro shows that Australia’s productivity growth has lagged other advanced nations since 2018. Wednesday’s Q2 national accounts release confirmed that the nation’s productivity remains stillborn, with non-farm labour productivity rising 0.3% in Q2 but was slightly lower over the year and remained around 2017 levels. While |
MacroBusiness
Thursday, September 4, 2025 - 09:00
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Overnight saw the USD fall back as the latest jobs opening and Fed Beige Book painted a further slowing picture of the US economy as the Trump regime’s sales taxes, grift and general lack of ability in operating a modern government continue to take a hold. Wall Street liked it nonetheless as did bond markets The post Macro Morning appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 4, 2025 - 06:49
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DXY is down. AUD is up, though the trend is a mess. CNY down. Gold to the moon! Metals mixed. Big bear is still in there. EM yawn. Junk still trending better. Whoa! US short-end yields are breaking down, long sticky. Feeding stocks. So much for bond vigilantes. We’ve been JOLTED instead. The number of The post Australian dollar loves unemployed Americans appeared first on MacroBusiness. |
Your Democracy
Thursday, September 4, 2025 - 04:44
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Your Democracy
Thursday, September 4, 2025 - 04:04
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That’s one of the silliest things about the way rightists are always babbling about how we need to protect our way of life from immigrants or Islam or “the trans agenda” or whatever. They’re beginning with the assumption that this train wreck of a society is worth saving at all.
Western Civilization Is Not Worth Saving |
Your Democracy
Thursday, September 4, 2025 - 04:00
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Russian presidential aide Yury Ushakov said on Wednesday he hoped US President Donald Trump was joking when he suggested the leaders of Russia, China, and North Korea were “conspiring” against Washington. Trump posted the claim on Truth Social during a military parade in Beijing marking the World War II victory over Japan. Russian President Vladimir Putin was in attendance alongside Chinese leader Xi Jinping and North Korea’s Kim Jong-un. |
MacroBusiness
Thursday, September 4, 2025 - 00:05
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The 2025 federal election campaign saw both sides of politics cynically propose policies to pump homebuyer demand and prices. Both sides also explicitly stated that they want to see Australian house prices rise at a ‘sustainable rate’ from already record-high levels. Neither side genuinely wants to “solve” the housing affordability crisis because that would require The post Why Australian politicians pump house prices appeared first on MacroBusiness. |
Renew Economy
Thursday, September 4, 2025 - 00:01
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George Monbiot
Wednesday, September 3, 2025 - 21:46
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The election of Zack Polanski as Green Party leader could be the moment our political drought begins to break. By George Monbiot, published in the Guardian 3rd September 2025 |
Renew Economy
Wednesday, September 3, 2025 - 18:24
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