Blogotariat

Oz Blog News Commentary
Your Democracy Tuesday, August 5, 2025 - 05:55 Source

The Kremlin has urged caution in making public statements involving nuclear weapons, following US President Donald Trump’s announcement that he has ordered the redeployment of two American nuclear submarines.

Last week, Trump said the vessels had been moved to “the appropriate regions” as a precautionary measure. The announcement came via his Truth Social platform.

Read more Views: 111
MacroBusiness Tuesday, August 5, 2025 - 00:05 Source

The latest Australian Bureau of Statistics (ABS) national accounts showed that Australia’s manufacturing sector comprised a record low share of GDP. In Q1 2025, manufacturing’s percentage of GDP decreased to 5.1%, down from 8.9% two decades ago and 15% in the mid-1970s. Australia has the smallest manufacturing share in the OECD, making it one of

The post Australian manufacturing is dying and nobody cares appeared first on MacroBusiness.

Read more Views: 162
Renew Economy Monday, August 4, 2025 - 20:24 Source
Read more Views: 167
Club Troppo Monday, August 4, 2025 - 18:04 Source

This is becoming a series. The point is that public figures now routinely refuse to engage with counter-arguments. I have another one not yet written about Nobel Laureate Brian Schmidt who did not respond to three polite emails from me. The latest intellectual weakling is Liz Allen, who is the go to pro-population growth demographer with media training (taking over from Peter MacDonald).

Read more Views: 271
MacroBusiness Monday, August 4, 2025 - 16:30 Source

The fallout from Friday night’s terrible – or beautiful depending on your alternative facts – US jobs print has seen most Asian share markets come back slightly while Wall Street looks set to lick its wounds on the open tonight. The USD remains on the run after falling sharply against the majors on Friday night

The post Macro Afternoon appeared first on MacroBusiness.

Read more Views: 165
Renew Economy Monday, August 4, 2025 - 14:31 Source
Read more Views: 184
Renew Economy Monday, August 4, 2025 - 14:13 Source

 Empire Energy).

Read more Views: 179
Renew Economy Monday, August 4, 2025 - 14:07 Source
Read more Views: 177
MacroBusiness Monday, August 4, 2025 - 14:00 Source

The ACTU has used its submission to the federal government’s upcoming economic roundtable to call for negative gearing and the 50% capital gains tax (CGT) concession to be restricted to a single property. The ACTU also wants a 25% “energy levy” to be imposed on LNG exports, for millionaires and family trusts to pay at

The post ACTU pushes right policy buttons appeared first on MacroBusiness.

Read more Views: 164
MacroBusiness Monday, August 4, 2025 - 13:30 Source

Canada experienced a boom in temporary migrants over recent years, which helped drive up rental inflation to astonishing levels. As a result, temporary migrants hit a record 7% share of Canada’s population in mid-2024, which the government has promised to reduce to 5% by the end of 2027. Now spare a thought for Australia, whose

The post Australia has too many temporary migrants appeared first on MacroBusiness.

Read more Views: 151
Renew Economy Monday, August 4, 2025 - 13:24 Source
Read more Views: 186
MacroBusiness Monday, August 4, 2025 - 13:00 Source

Anti-Americanism is an irrational bias. It’s a bit like racism. A prejudice against a people stemming from phobia, not reason. Australians suffer from it a lot, owing to the chip on their shoulder, none more so than Peter Lewis at The Guardian. That deal was to allow Australia to access US-UK nuclear technology delivering long-range

The post Peter Lewis welcomes his new Chinese overlord appeared first on MacroBusiness.

Read more Views: 123
Renew Economy Monday, August 4, 2025 - 12:55 Source
Read more Views: 156
MacroBusiness Monday, August 4, 2025 - 12:30 Source

It’s thrust and counter-thrust in the great rent-seeking debate of our time: The PC has launched its allegedly radical plan to boost productivity via cash flow tax.  The Productivity Commission has revealed an ambitious plan to slash the income tax rate to 20% for all but the very largest Australian companies. For businesses earning between

The post The war for productivity appeared first on MacroBusiness.

Read more Views: 137
Renew Economy Monday, August 4, 2025 - 12:01 Source
Read more Views: 139
MacroBusiness Monday, August 4, 2025 - 12:00 Source

Victoria disease is killing Australia. The malady of permanent Labor governments leading to excessive immigration, falling living standards via the labour market expansion economic model, woke policy fixations, and capitulation to China is fatal in the long run. Alas, the primary symptom of the disease is brainwashing, so nobody can see it, let alone cure

The post Victoria disease infects foreign policy appeared first on MacroBusiness.

Read more Views: 124
MacroBusiness Monday, August 4, 2025 - 11:30 Source

When the RBA released its forecasts for the economy in May, their expectation was that unemployment would rise to 4.3% by the end of 2025 and remain there until mid-2027, the conclusion of the forecast period. With the release of the latest labour force data for June, the nation’s unemployment rate arrived at 4.3% quite

The post Rise in unemployment shocks RBA appeared first on MacroBusiness.

Read more Views: 135
MacroBusiness Monday, August 4, 2025 - 11:00 Source

Bear season starts with a bang. The Market Ear. Average August angst Nasdaq closing below its 20 day moving average for the first time since April. The last time the Nasdaq 100 QQQ fell 2%+ on the first trading day of August was… last year. The QQQs actually fell 2%+ on each of the first

The post Bear season starts with a bang appeared first on MacroBusiness.

Read more Views: 163
Your Democracy Monday, August 4, 2025 - 11:00 Source

 

On Sunday [22 June], the rabbi of the Western Wall joined Prime Minister Benjamin Netanyahu to offer a special prayer for President Trump as a token of appreciation for his steadfast support of the State of Israel during this time, and for his contribution to regional security.

 

Netanyahu Thanks God, Prays for Trump at Western WallBy Hana Levi Julian - 27 Sivan 5785 – June 22, 2025

============= 

Read more Views: 134
MacroBusiness Monday, August 4, 2025 - 10:30 Source

S&P Global has advised the Victorian government that its credit rating will not be downgraded from ‘AA’, as it has been assured by the government that it will “control operating costs ahead of the 2026 election, deliver promised cost savings, and slow growth in debt”. However, S&P noted that the Victorian government’s financial management has

The post Victoria threatened with credit rating downgrade appeared first on MacroBusiness.

Read more Views: 122
Renew Economy Monday, August 4, 2025 - 10:28 Source
Read more Views: 118
Cheeseburger Gothic Monday, August 4, 2025 - 10:05 Source

From this morning’s walk and talk around the park:

Slim Jim looked up and sure enough, he spotted the two really big drones that were constantly circling around the site, keeping an eye on it. They were massive, and not that high up, but he couldn’t hear them. What he could hear was the gnat-like buzz of the much smaller drones they were building and testing out here, the same model he’d been playing with at the pool party in the previous chapter.

Sometimes the dictation AI isn’t quite as intelligent as I assume.

Read more Views: 174
MacroBusiness Monday, August 4, 2025 - 10:00 Source

While most of Labor is lost on Planet Gaza, Jenny George is focused on what matters. From The Australian: The government’s review of gas markets is timely as the interaction of our domestic and export markets is dysfunctional. LNG is exported without regard for our domestic needs. We’re the second-largest exporter of LNG, yet facing domestic gas

The post Labor legend backs Dutton gas reservation appeared first on MacroBusiness.

Read more Views: 143
xkcd.com Monday, August 4, 2025 - 10:00 Source

We should have you at the gate in just under two hours--two and a half if we get pulled over.

Read more Views: 146
The Tally Room Monday, August 4, 2025 - 09:30 Source

If you’ve been following my live blog, you would have seen that the preference count in the Tasmanian state election finished on Saturday, with the count in Bass being in doubt right up until the end.

Most seats ended up going to the candidates who were expected to win, with just a few exceptions. The parties and candidates in the lead ended up winning every seat in Braddon, Franklin and Lyons. There are two exceptions, and in this post I will explore how those preference counts played out, with the help of graphs.

Read more Views: 202
MacroBusiness Monday, August 4, 2025 - 09:30 Source

Goldman with the note. For much of the week, our Dollar views were on the wrong side of market moves, but the substantial revisions to the employment situation should, in turn, revise the emerging narrative that the FX reaction to tariffs has changed again. On the tariff narrative, we see three key aspects to our

The post Australian dollar whiplash appeared first on MacroBusiness.

Read more Views: 117
Your Democracy Monday, August 4, 2025 - 09:05 Source

Ron Paul is turning 90 this month. One of the most influential political figures of his time, Paul has meant many things to many people.

Here’s at least a part of what he’s meant to me.

When I was 20 years old, I supported Pat Buchanan for president.

 

Ron Paul Was My Pat BuchananFrom ‘go, Pat, go’ to ‘Ron Paul Revolution’—and beyond.

BY Jack Hunter

 

Read more Views: 105
MacroBusiness Monday, August 4, 2025 - 09:00 Source

Well that was an interesting Friday night with the much anticipated non-farm payroll AKA US unemployment print shocking to the downside, with further revisions to prior month prints finally revealing the impact of the Trump regime’s tariff on the domestic economy. Coupled with the passing of the August 1st tariff “deadline” and King Trump spitting

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 108
Your Democracy Monday, August 4, 2025 - 08:16 Source

US Vice President J.D. Vance has revealed he has been “obsessed” with UFOs and hopes to thoroughly investigate the phenomenon in the nearest future.

Vance made the admission during an episode of the Ruthless Podcast which aired on Friday, where he proclaimed his fascination with the mysterious flying objects.

 

Read more Views: 124
MacroBusiness Monday, August 4, 2025 - 08:00 Source

I believe that the video-sharing platform YouTube is one of the greatest educational tools available. I use YouTube daily to solve a variety of problems and learn information. My 14 year-old daughter has used YouTube ‘How-to’ videos to learn arts and crafts, solve maths problems, fix her phone and computer, learn about history, learn how

The post Australia is a nation of eKarens appeared first on MacroBusiness.

Read more Views: 115

Pages