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Renew Economy
Friday, August 1, 2025 - 15:01
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Renew Economy
Friday, August 1, 2025 - 14:58
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Renew Economy
Friday, August 1, 2025 - 14:29
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MacroBusiness
Friday, August 1, 2025 - 14:00
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After experiencing one of the biggest booms during the pandemic, New Zealand home values have crashed back to 2019 levels. As illustrated below by Justin Fabo from Antipodean Macro, this decline in home values, combined with falling mortgage rates, has drastically improved housing affordability: It is not just home prices that have crashed but construction The post New Zealand’s twin housing crashes appeared first on MacroBusiness. |
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MacroBusiness
Friday, August 1, 2025 - 13:30
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Prefabricated housing is often touted as a solution to Australia’s housing affordability crisis. This week, 9 News ran an advertorial on Australia’s budding prefabricated housing industry, which it heralded as “a potential new dawn for Australia’s housing crisis”. These homes, which can be constructed in 10 to 12 weeks and can be “generally installed in one The post Prefabricated homes won’t improve affordability appeared first on MacroBusiness. |
Your Democracy
Friday, August 1, 2025 - 13:03
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US President Donald Trump has said Moscow and New Delhi “can take their dead economies down together.”Trump announced 25% tariffs on India on Wednesday, plus penalties for the South Asian nation’s economic ties with Russia. In a message posted late Wednesday on his social media platform, Truth Social, Trump wrote that the US has little trade with Russia and India. |
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MacroBusiness
Friday, August 1, 2025 - 13:00
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What do you think happens when you try to manage a narcissist with a narcissist? Both pretend the other does not exist. AFR. Leavitt said of the country’s 18 largest trading partners, two-thirds had a deal. Australia is among the huge majority of countries that have not yet struck a deal and is facing the The post How much must we pay for the Rudd tariff? appeared first on MacroBusiness. |
MacroBusiness
Friday, August 1, 2025 - 12:30
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Tarric Brooker posted the following chart on Twitter (X) showing that the level of real Australian resource exports per capita has risen from around $3,500 per year in 1988 to just under $15,000 per year currently. Brooker added, “Imagine the dividends of a smaller Australia”, in response to the massive population expansion experienced by Australia this The post Imagine the dividends from a smaller Australia? appeared first on MacroBusiness. |
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MacroBusiness
Friday, August 1, 2025 - 12:00
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The perfect bubble is here, says the Market Ear. With systematics now fully engaged, it is hard to argue with. 100% too perfect Ring the bell. This is as good as it gets. Years ago we had the “Bündchen Bottom” in the dollar. Now the market just gave us the Sydney Sweeney squeeze Top – The post Hate the beloved rally! appeared first on MacroBusiness. |
MacroBusiness
Friday, August 1, 2025 - 11:30
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Goldman wraps the EOFY bump in retail sales. Nominal retail sales rose 1.2%mom in June, above expectations (GSe:+0.9%mom, BBG: 0.5%mom). The quarterly data were also firmer than expectations, with volumes rising 0.3%qoq in 2Q 2025 (GSe: -0.3%qoq, BBG:+0.1%qoq). That said, the acceleration in volumes growth was driven by a rebound in Queensland following flood-related weakness The post Retail sales less than meets the eye appeared first on MacroBusiness. |
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MacroBusiness
Friday, August 1, 2025 - 11:00
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The Australian Bureau of Statistics (ABS) released dwelling approvals data for June, which posted another solid rise. There were 15,984 dwellings approved in trend terms in June, the highest volume since September 2022. Despite the rebound, approvals remained 20% below the monthly 20,000 run rate required to meet the Albanese government’s target to build 1.2 |
MacroBusiness
Friday, August 1, 2025 - 10:30
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The ferrous complex likes to stick to seasonal patterns, but the sgtins are not good when steel gives way. Nor when PMIs give way. China official NBS manufacturing PMI: 49.3 in July, vs. 49.7 in June. Official non-manufacturing PMI: 50.1 in July, vs. 50.5 in June. The construction PMI fell notably in July to 50.6 The post Iron ore swims as China sinks appeared first on MacroBusiness. |
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MacroBusiness
Friday, August 1, 2025 - 10:00
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As part of a recent analysis of Department of Home Affairs data, it was revealed that: “Nearly half of the New Zealanders applying for Australian citizenship weren’t born here (in New Zealand), according to data from the Australian government.” According to the Department of Home Affairs, in the two years since July 2023, over 92,000 The post The “backdoor” migration gateway into Australia is open appeared first on MacroBusiness. |
Renew Economy
Friday, August 1, 2025 - 10:00
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xkcd.com
Friday, August 1, 2025 - 10:00
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Renew Economy
Friday, August 1, 2025 - 09:52
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MacroBusiness
Friday, August 1, 2025 - 09:30
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King dollar is back. AUD is beheaded by the king. Lead boots give up. Oil and gold mark time. Metlas mania implodes. Big mininig, big bear intact. EM flames out. Junk OK. Yields firm. Stocks stall. The market is just far too short US dollars triggering a short squeeze. As its economy and assets outperform. The post Australian dollar slain by the king appeared first on MacroBusiness. |
Your Democracy
Friday, August 1, 2025 - 09:29
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Records obtained by U.S. intelligence officials indicate the FBI would play a role in putting “more oil into the fire” of the Russia collusion hoax ahead of the 2016 presidential election, according to newly declassified documents released Thursday. |
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Renew Economy
Friday, August 1, 2025 - 09:06
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“We’ve got more thinking to do:” Coal giants say home batteries will reshape and “minimise” the grid |
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MacroBusiness
Friday, August 1, 2025 - 09:00
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Sticky tariff induced inflation in the US overnight sent Wall Street lower as the expectation of rate cuts were diced as the latest PCE came in higher than expected. The Trump regime continues to bully Canada with the probability of 35% tariffs rising as no deal or framework before the August 1st “deadline” while Mexico just The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Friday, August 1, 2025 - 08:14
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MacroBusiness
Friday, August 1, 2025 - 08:00
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Data from the Australian Energy Market Operator shows that wholesale electricity prices on the East Coast were 23% higher year-on-year in the June quarter. The wholesale price averaged $140 per megawatt-hour during the quarter—the highest level since 2022, when the wholesale price topped $260 per megawatt-hour following Russia’s invasion of Ukraine. AEMO attributed the spike The post Australian energy policy is back-to-front appeared first on MacroBusiness. |
Your Democracy
Friday, August 1, 2025 - 06:42
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US President Donald Trump has issued a warning to former Russian President Dmitry Medvedev, calling him a “failed”leader and cautioning him against combative rhetoric. Medvedev, now serving as deputy chair of Russia’s Security Council, had earlier dismissed the notion that Trump, or any other US official, could dictate Moscow’s stance on the Ukraine conflict. His comments came in response to American calls for Russia to negotiate peace or face tougher sanctions. |
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Your Democracy
Friday, August 1, 2025 - 05:55
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Through its love affair with Israel and intimidated by the Zionist lobby, our legacy media has enabled the genocide of Palestinians in Gaza, Israel’s apartheid regime and the illegal occupation of Palestinian land over the past century.
Our media refuse to call out genocide in Gaza
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MacroBusiness
Friday, August 1, 2025 - 00:02
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At the end of 2024, CoreLogic (now Cotality) reported that Australians were paying a record share of their income to rent the median home. Cotality’s latest quarterly rental report also noted that median rents have increased by 43% nationally over the past five years, forcing the typical tenant household to pay $10,350 extra per year The post The rental crisis is not over appeared first on MacroBusiness. |
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Your Democracy
Thursday, July 31, 2025 - 20:04
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History sneers. Raw. Cyclical. Cruel. Every peace treaty gives birth to a field of ruins. Every solemn oath transforms, as soon as it is proclaimed, into a broken promise. Subtly—and sometimes ferociously.
From Potsdam 1945 to Istanbul 2025: The Metaphysics of Broken Promises BY Cassandre G
The Tainted Oath |
MacroBusiness
Thursday, July 31, 2025 - 16:30
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While north Atlantic share markets remain buoyant due to solid earnings on Wall Street and the implied stability of the new US/EU trade deal “framework”, Asian share markets are weaker nearly across the board as peripheral nations – including India and Brazil – await the self imposed tariff deadline tomorrow set by the Trump regime. The post Macro Afternoon appeared first on MacroBusiness. |
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Your Democracy
Thursday, July 31, 2025 - 15:22
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Memory is not just a mere storage system; it’s the foundation of our identity, learning, and cognitive abilities. In this fast-paced world, improving memory and recall is becoming increasingly crucial. So, let’s delve into the fascinating science of memory and discover practical strategies to enhance our memory abilities. |
Renew Economy
Thursday, July 31, 2025 - 15:11
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