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Your Democracy Monday, November 17, 2025 - 10:44 Source

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MacroBusiness Monday, November 17, 2025 - 10:30 Source

In December last year, Housing Minister Clare O’Neil appeared on ABC’s Triple J radio to discuss the issue of housing. What followed was a confirmation of what many already believed to be true: that the Albanese government wanted ever-rising housing prices. Here is a copy of the relevant part of the transcript. Interviewer:  Why don’t

The post Albanese’s crocodile tears on housing appeared first on MacroBusiness.

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MacroBusiness Monday, November 17, 2025 - 10:00 Source

The wreckers of Australian energy, and therefore living standards, as well as climate change mitigation, are shrieking like stuck pigs. At the top of the list is the corrupt Grattan Institute, sponsored by Origin. Its analyst, former Origin executive Tony Wood, famously campaigned against gas reservation in 2013. “With more than $160 billion forecast to

The post The wreckers of Australian energy are in charge appeared first on MacroBusiness.

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MacroBusiness Monday, November 17, 2025 - 09:30 Source

Chinese property is at the centre of some dark economic galaxy. Primary sales are woeful. Secondary sales are buckling. Prices are in freefall. Rent lol. Starts are now down 82% from peak Yoy. To summarise. Land sales can’t stop falling, though the fiscal pump has lifted prices somehow. The crash ahead in construction volumes remains

The post Chinese economy enters its ‘Pettis moment’ appeared first on MacroBusiness.

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Your Democracy Monday, November 17, 2025 - 09:03 Source

One common explanation for last week’s “blue-bath”—the election night triumph by Democrats just one year after President Donald Trump retook the White House—is that the GOP’s “multiracial coalition” collapsed.

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MacroBusiness Monday, November 17, 2025 - 09:00 Source

Equity markets have not yet gone full risk off but last week saw a lot of confidence fall out of Wall Street with a variety of causes to blame – the AI bubble, the slowing US economy due to the shutdown and tariff impacts, but also the looming release of the Epstein files. Tech stocks

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Monday, November 17, 2025 - 09:00 Source

Federal Opposition Leader Sussan Ley denies claims her policy of abandoning net-zero emissions targets would make Australia an international pariah. Ms Ley also denies the Liberal Party's newly-adopted policy to abandon net-zero would put Australia in breach of what has signed up to as part of the Paris Climate Agreement, although she has also stated she is not afraid to upset people at places like the United Nations, if people there disagree with her policy.

 

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MacroBusiness Monday, November 17, 2025 - 08:30 Source

Over the weekend, the nation recorded its highest volume of auctions since March, with 3,258 capital city homes going under the hammer. Despite the strong volumes, the preliminary clearance rate was 70.0%. While this was down from 71.8% last week, the result suggested that buyer demand remained robust and is absorbing the higher volumes. Melbourne

The post Australian house price inflation hits 28 month high appeared first on MacroBusiness.

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MacroBusiness Monday, November 17, 2025 - 08:00 Source

DXY had a better night. AUD is caught between fear and greed. CNY up. Gold down, oil up. AI metals look toppy. Copper H&S? The chosen one, not. EM shaky. Junk is increasingly a worry as AI issues debt. Bad signal for risk. Yields up on the US reopening. Stocks dumped and pumped again. Goldman

The post Major bank: Australian dollar to rise with bubble appeared first on MacroBusiness.

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Your Democracy Monday, November 17, 2025 - 06:55 Source

In an exclusive interview with FRANCE 24, former CIA director David Petraeus said Russia’s finances are in a far more dire state than many realise, arguing that there is now “a real opportunity” for the United States and other NATO countries to strengthen Ukraine’s defences and “crush the Russian war economy”. He also shared his views on Syria’s new leadership and the situation in Iraq.

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Your Democracy Monday, November 17, 2025 - 06:44 Source

 

US President Donald Trump has called on NBC to fire late night host Seth Meyers after the leftist comedian attacked the US president on his show.

In the latest episode of the Late Night with Seth Meyers, which aired on Thursday, the host labeled Trump “the most unpopular president of all time.”He cited a poll saying the US leader’s approval was at just 33%, plummeting by 10% since March.

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Your Democracy Monday, November 17, 2025 - 06:00 Source

 

One of the craziest things happening right now is how there’s been report after report confirming that Jeffrey Epstein really was an Israeli intelligence operative, based on publicly available documents, and yet it’s had no measurable impact on mainstream media or politics.

 

Caitlin Johnstone: Burying the Real Epstein Story

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John Quiggin Monday, November 17, 2025 - 05:13 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

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MacroBusiness Monday, November 17, 2025 - 00:05 Source

Claire Field, a former regulator of the vocational training sector, warned in 2022 that a large number of South Asian students were arriving in Australia in “response to the unlimited work rights now available to those on Australian student visas”, enrolling in “lower quality and cheaper vocational colleges” to live and work. The surge in

The post Student visa mills run rampant in Australia appeared first on MacroBusiness.

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Your Democracy Sunday, November 16, 2025 - 21:09 Source

The Palestinian people do not exist, Israel’s hardline security minister, Itamar Ben-Gvir, has said ahead of the UN Security Council vote on implementing the next stage of the US-brokered peace plan for Gaza.

The Security Council will vote Monday on a resolution drafted by the US and backed by several Arab and Muslim countries, which they said “offers a pathway to Palestinian self-determination and statehood.”

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MacroBusiness Sunday, November 16, 2025 - 19:24 Source

By Lucinda Jerogin, Associate Economist at CBA The unemployment rate fell to 4.3% in October from 4.5% in September. New housing lending surged 9.6% in Q3 25. Tourism and student arrival numbers remain below pre-pandemic levels. Our CommBank HSI recorded its eighth consecutive month of gains, lifting by 0.6% in October to be 6.3% higher

The post The economic week ahead appeared first on MacroBusiness.

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Your Democracy Sunday, November 16, 2025 - 17:05 Source

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Renew Economy Sunday, November 16, 2025 - 16:42 Source
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Renew Economy Sunday, November 16, 2025 - 16:20 Source
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MacroBusiness Sunday, November 16, 2025 - 13:36 Source

It’s a Sunday and I can’t finish the lawn with a bit of moisture about.  Someone flips an article by Abul Rizvi into play, and foolishly I read it.  Doc Rizvi is slagging off the Institute of Public Affairs (IPA) for a release about immigration.  I find myself reading both the IPA release and the

The post Rizvi towels himself with feckless swing at 100% factual IPA appeared first on MacroBusiness.

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Your Democracy Sunday, November 16, 2025 - 10:03 Source

Several NATO members will jointly provide a €430 million ($500 million) military package for Ukraine, according to Secretary General Mark Rutte. 

Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden are expected to finance the package through the Prioritized Ukraine Requirements List program. The program was approved in September, allowing Washington to supply weapons to Kiev while European members cover the costs.

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Your Democracy Sunday, November 16, 2025 - 09:21 Source

 

Under the current 10-year deal, Israel gets at least $3.8 billion per year, and Israeli officials are looking to increase that number

by Dave DeCamp | November 13, 2025 at 1:13 pm ET | Israel, Palestine

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MacroBusiness Sunday, November 16, 2025 - 09:00 Source

The ferrous complex remains paralysed by overly high iron ore prices. I have switched to Shanghai HRC (purple) prices from the national average, which may help explain some of the stickiness in iron ore prices. Despite the recent price falls in steel inputs, steel remains unprofitable. Production is being forced lower. But slowly so far.

The post China’s monstrous steel crash appeared first on MacroBusiness.

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Your Democracy Sunday, November 16, 2025 - 07:59 Source

Some 45% of residents of Western nations believe that democracy in their countries is “broken,” Politico has reported, citing a poll by Ipsos.

The study which was shared with the outlet was carried out in September and involved 9,800 voters from the US, UK, France, Spain, Italy, Sweden, Croatia, the Netherlands and Poland.

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George Monbiot Sunday, November 16, 2025 - 01:10 Source

Why don’t we get to grips with the climate crisis? Partly because most of the means of communication are owned or influenced by the very rich.

By George Monbiot, published in the Guardian 14th November 2025

If this were just a climate crisis, we would fix it. The technology, money and strategies have all been at hand for years. What stifles effective action is a deadly conjunction: the climate crisis running headlong into the epistemic crisis.

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Your Democracy Saturday, November 15, 2025 - 18:07 Source

The US Navy and Australia need new diesel-electric submarines. Just don’t try to tell the conflicted American admirals who have been guiding our AUKUS disaster, reports Michael Pascoe.

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Your Democracy Saturday, November 15, 2025 - 17:19 Source

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MacroBusiness Saturday, November 15, 2025 - 13:49 Source

Merchant.adventurers.of.london · DeepT Nov 25 Australian Inflation Interest Rates and the Need for Economic Policy reform As the Australian economy staggers towards Christmas 2025 with cost of living and energy pressures still hammering the electorate, Deep T and Gunnamatta discuss the dynamics surrounding current scope for the RBA to cut interest rates. Over about 45

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Your Democracy Saturday, November 15, 2025 - 12:43 Source

As Jimmy Kimmel and Stephen Colbert undergo the slings and arrows of outrageous censorship, a timely new documentary chronicles a sketching scourge of the status quo who skewered the powers that be, lampooning politicians, oligarchs and other tyrannical targets with a pen wielded like a harpoon.

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Your Democracy Saturday, November 15, 2025 - 11:51 Source

The Netherlands once again finds itself at a political crossroads. After years of turbulence and ideological fragmentation, the liberal-centrist party D66 (Democraten 66), led by Rob Jetten, scored a narrow yet striking victory compared with the previous election, rising from nine seats in 2023 to twenty-six in the 2025 snap election.

 

As Geert Wilders’ Far Right Stumbles, Can Rob Jetten’s Progressive Liberals Rebuild the Dutch Centre?

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