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MacroBusiness Friday, September 12, 2025 - 11:00 Source

Statistics New Zealand this week released migration data, which showed that only 13,066 net overseas migrants landed in New Zealand in the year to July. This was well below the decade average of 49,000 and more than 120,000 lower than the late 2023 peak. The decline in net overseas migration has been driven by the

The post Fed up Kiwis flee to Australia appeared first on MacroBusiness.

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Your Democracy Friday, September 12, 2025 - 10:56 Source

Washington has dismantled its decades-long strategy of balancing competing regional powers in West Asia, opting instead to destabilize the region through its full-spectrum military, diplomatic, and intelligence backing of the Israeli occupation state. 

Where the post-9/11 years were defined by US-led regime change and nation-building, today's strategy is defined by state-breaking and governance erosion.

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MacroBusiness Friday, September 12, 2025 - 10:00 Source

I have consistently cautioned that the state and federal governments’ plans to blanket our cities with high-rise apartments will not improve housing affordability. The reason is simple: it is too expensive to construct apartments. As a result, they cannot be delivered at a reasonable cost to buyers. Urbis highlighted the excessive cost of apartment development,

The post Building housing in Australia is too expensive appeared first on MacroBusiness.

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xkcd.com Friday, September 12, 2025 - 10:00 Source

Mantle plumes explain Hawaii, Yellowstone, Iceland, the East African Rift, the Adirondack uplift, the Permian extinction, the decline of Rome, the DB Cooper hijacking, and the balrog in Moria. Those little hills of sand in your yard are caused by antle plumes.

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Renew Economy Friday, September 12, 2025 - 09:42 Source
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MacroBusiness Friday, September 12, 2025 - 09:00 Source

When Australia’s international borders reopened in early 2022, the nation was already well in the midst of a rental crisis. As a result of the pandemic, demand for rentals surged significantly, first in regional areas as people sought to make their exodus from lockdown-impacted cities and then in the capitals as individuals stuck at home

The post Deportation backlog further stresses Aussie housing appeared first on MacroBusiness.

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Your Democracy Friday, September 12, 2025 - 08:49 Source

 

OUR DEMOCRACIES rely on voters. Voters have to make choices as to who or what ideas are going to represent these choices. Choices are made on various influences:

— what’s best for me?

— what’s best for the “community”

— I trust an ideology

— Party politics

— PROPAGANDA

 

PROPAGANDA is a funny beast as it can be the truth being spruiked or lies being promoted as truth.

 

How do we find out we are not lied to?

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MacroBusiness Friday, September 12, 2025 - 08:30 Source

From the Market Ear AAII bull – bear spread vs. SPX. All this bull… and we are still in neutral land. Chugging along Russell continues trading inside the perfect trend channel. We are printing new recent highs, and buying that 21 day moving average continues to be a simple but profitable strategy. Overboughter GDX has

The post Markets are all bull and no sentiment appeared first on MacroBusiness.

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MacroBusiness Friday, September 12, 2025 - 08:00 Source

In February, on ABC’s Q&A, Prime Minister Anthony Albanese stated that the government was cutting immigration and relieving pressure on the housing market by reducing international student numbers. Albanese noted that the student visa system was being “abused”. This week, we learned that international student enrolments hit a record high of 839,200 in the year to

The post Migration leading indicator surges higher appeared first on MacroBusiness.

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Renew Economy Friday, September 12, 2025 - 07:52 Source
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Renew Economy Friday, September 12, 2025 - 07:32 Source

climate change protest signage ipcc report science - mazengarb - optimised

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Renew Economy Friday, September 12, 2025 - 07:16 Source
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Your Democracy Friday, September 12, 2025 - 06:53 Source

Countries of the South Pacific have good reason to encourage China and other countries to assist them with infrastructure. And there is nothing that Australia should, or could, do about it.

But climate change is far more important

 

John Menadue

Climate change, not China, is the real threat in the South Pacific

 

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Your Democracy Friday, September 12, 2025 - 04:44 Source

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MacroBusiness Friday, September 12, 2025 - 00:05 Source

The Australian Bureau of Statistics (ABS) this week released data on Australia’s residential housing stock, which was valued at a record $11.6 trillion in the second quarter of 2025, equivalent to $1,017,000 per dwelling. The following chart compares the value of Australia’s dwelling stock to the country’s GDP. It shows that the entire residential housing

The post Australia’s housing bubble swallows economy appeared first on MacroBusiness.

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THE BLOT REPORT Thursday, September 11, 2025 - 23:42 Source
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THE BLOT REPORT Thursday, September 11, 2025 - 23:29 Source

Russell Morris is an Australian singer-songwriter who has been composing, recording and performing music since the late 1960s. Some of his songs have been among my favourites since I was in my teens. He has recently completed his final tour, and we went to see his final concert of this last tour at the concert hall of the Sydney Opera House last Sunday1. The concert hall seats 2,600 people and it was booked out. Most of the people there were about our age, and I doubt there were more than a few dozen under the age of 40.

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Renew Economy Thursday, September 11, 2025 - 19:09 Source

 Jin Yang

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Renew Economy Thursday, September 11, 2025 - 18:30 Source
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Your Democracy Thursday, September 11, 2025 - 18:21 Source

President Donald Trump has vowed to pursue not only the assassin of conservative activist Charlie Kirk but also those he accused of funding and fueling “radical left” political violence across the United States.

In a video statement posted Wednesday night on Truth Social, Trump described Kirk, 31, as a “patriot”and a “martyr for truth and freedom,”praising him for inspiring young Americans through debates on college campuses nationwide.

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Renew Economy Thursday, September 11, 2025 - 14:54 Source
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Renew Economy Thursday, September 11, 2025 - 14:30 Source
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Renew Economy Thursday, September 11, 2025 - 14:09 Source
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Renew Economy Thursday, September 11, 2025 - 14:05 Source

Gladstone coal power station Queensland small iStock-1462105369

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Renew Economy Thursday, September 11, 2025 - 14:00 Source
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MacroBusiness Thursday, September 11, 2025 - 14:00 Source

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 2.5% since July 2024, taking the OCR down to 3.0% from a peak of 5.5%. The Reserve Bank has slashed rates so aggressively due to the pervasive weakness of the New Zealand economy. In particular, New Zealand’s labour market has suffered

The post Mass unemployment forces Reserve Bank to slash rates appeared first on MacroBusiness.

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Your Democracy Thursday, September 11, 2025 - 13:51 Source

The little dog was not fussed

His master was mad but nonplussed

Screaming obscenities at the crossing crowd

While pushing a pram of recycled stuff

Smoking a butt in a vanishing white puff

Making a trotting mutt so most proud

The master was saving the whole planet 

On such important business taking a bet

For the mad ruler of the universe in Tel-Aviv

Was killing an inferior race he led us to believe

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MacroBusiness Thursday, September 11, 2025 - 13:30 Source

Who would have thought a few years ago that the racist Guardian would be the leading purveyor of propaganda in the national media? Patrick Commins is a journalist journeyman happy to write anything for any paper’s point of view, and today he has committed spectacular hara-kiri for the racist Guardian. In an ageing society with

The post Racist Guardian accidently trashes immigration appeared first on MacroBusiness.

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MacroBusiness Thursday, September 11, 2025 - 13:00 Source

The Market Ear on this mightiest of bubbles. King AI “The 30 or so AI stocks in S&P 500 have a combined 43% of market cap. Even more compelling, these names have driven almost all of the returns and most of earnings growth since ChatGPT / Nov 2022”. Source: JPM Pulse on AI “…it couldn’t

The post AI bubble builds appeared first on MacroBusiness.

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MacroBusiness Thursday, September 11, 2025 - 12:30 Source

Recall that Prime Minister Anthony Albanese told ABC’s Q&A in February that Labor would cut immigration and relieve pressure on the rental market by reducing the number of student visas, which he said were being “abused”. “On immigration, particularly when it comes to housing, three quick points. One is that the biggest thing that you

The post International student enrolments hit record high appeared first on MacroBusiness.

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