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Renew Economy Friday, August 29, 2025 - 11:55 Source
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THE BLOT REPORT Friday, August 29, 2025 - 11:41 Source

As a concept, the sovereign citizen movement, individuals identifying as sovereign citizens or something similar have existed in Australia for decades. These beliefs have been manifest in the various ways these people attempt to dissociate themselves from societal structures1. These range from eccentrics like Prince Leonard of ‘Hutt River Province’ who attempted to set up his own ‘micronation’ on a remote bit of land, even to the extent of creating his own flag, currency and stamps2, to extreme libertarians who choose not to pay taxes or to get such things as drivers’ licences1.

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MacroBusiness Friday, August 29, 2025 - 11:30 Source

Below is another brilliant guest post from MB reader Erin Rolandsen, CEO of Angelassist. Erin’s previous articles can be read here and here. Australia is facing a dangerous moment in its democratic life. On one side we have the word “immigration” being censored by bureaucrats. On the other side, we have extremists who want to

The post The March for Australia, identity politics and immigration appeared first on MacroBusiness.

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MacroBusiness Friday, August 29, 2025 - 11:00 Source

The chair of the government’s National Housing Supply and Affordability Council (NHSAC), Susan Lloyd-Hurwitz, who is a former chief executive of property developer Mirvac, has warned that Australia faces a generational housing crisis. Lloyd-Hurwitz said that while there is no easy fix to the housing crisis, governments “should be building more social housing to take

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MacroBusiness Friday, August 29, 2025 - 10:30 Source

Why would you invest in Australia? There’s no need. The mass immigration economic model provides topline growth and cheap foreign labour manages your margins. It’s nirvana for the 1%, especially when you throw in the mushrooming cheap personal grooming sector. And so, there is no investment growth in Australia to match the expanding population. From

The post AI investment all there is appeared first on MacroBusiness.

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MacroBusiness Friday, August 29, 2025 - 10:00 Source

Earlier this week, Alan Kohler penned an article at the ABC arguing that immigration was the key issue missing from the federal government’s productivity roundtable held last week in Canberra. Kohler noted that “at least 800,000 more people came to live in Australia over the past four years than Treasury anticipated. That’s more than three extra

The post Australia will remain a productivity wasteland appeared first on MacroBusiness.

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xkcd.com Friday, August 29, 2025 - 10:00 Source

They're up there with coral islands, lightning, and caterpillars turning into butterflies.

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Renew Economy Friday, August 29, 2025 - 09:51 Source
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Renew Economy Friday, August 29, 2025 - 09:47 Source
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MacroBusiness Friday, August 29, 2025 - 09:30 Source

Cecile Wake is Shell Australia country chair and executive vice president Integrated Gas Australia. She has pumped more industry propaganda at The AFR: This year alone, Australia’s natural gas industry will deliver $21.9 billion in taxes and royalties—on par with the nation’s biggest banks and miners. But this success story is under threat. Queensland LNG

The post Gas cartel pumps lies appeared first on MacroBusiness.

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MacroBusiness Friday, August 29, 2025 - 09:00 Source

Despite an upwardly revised 2Q GDP print and solid initial jobless claims in the US overnight, the USD continued its selloff with weaker international demand for US Treasuries also not helping. Wall Street rose to new record highs lead by tech stocks again while European shares continue to stumble through the French political imbroglio. The

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Friday, August 29, 2025 - 08:24 Source
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MacroBusiness Friday, August 29, 2025 - 08:00 Source

According to Cotality (formerly CoreLogic), the average home in Australia is now valued at around $1,020,000. This makes Australian housing among the most expensive in the world. Australian housing was valued at 4.14 times the size of the Australian economy in Q1 2025, nearly double its value in the 1990s. By way of comparison, the US

The post Australia doesn’t need a bigger housing bubble appeared first on MacroBusiness.

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Your Democracy Friday, August 29, 2025 - 07:43 Source

On 15 August, US President Donald Trump and Russian President Vladimir Putin met in Alaska, the first head-of-state meeting between the two countries since the Ukraine War began.

It was widely panned as a “shameful” and “vomit-inducing” episode where Putin apparently came out on top.

 

Jersey Lee

Taking a win from Alaska

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Your Democracy Friday, August 29, 2025 - 07:28 Source

Just when you think that the Australian Government cannot sink any lower, the prime minister still manages to surprise!_

 

Cameron Leckie

Gaslighting the electorate, virtue signalling to our ‘partners’

 

We have now been made aware of accusations that the Republic of Iran was involved in two antisemitic “incidents” in Australia.

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Renew Economy Friday, August 29, 2025 - 06:47 Source
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Your Democracy Friday, August 29, 2025 - 05:55 Source

It is a dilemma... Swiss banks that used to profit from Russian oligarchs cash, had to support the sanctions imposed by the USA and Europe against Russia — for "Russia's invasion of Ukraine"...

As well, the origin of some cash from other sources (EU, UK, USA) may be more dirty than profits made by the Russians. Ukraine's elite is siphoning a huge amount of the cash given to Ukraine by its "allies"... Where does the money go? Dubai? Switzerland?...

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MacroBusiness Friday, August 29, 2025 - 00:05 Source

For almost two decades, household formation rates for 25 to 34-year-olds have been tanking. The decline kicked off as the impact of the new ‘Big Australia’ migration intake began dramatically impacting the rental market in the final years of the Howard government. As the ABS chart below illustrates, between mid-2005 and mid-2008, asking rents in

The post Housing crisis momentarily fixed? appeared first on MacroBusiness.

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Your Democracy Thursday, August 28, 2025 - 22:03 Source

German chancellor Friedrich Merz has made a moderate media splash and ruffled some feathers in his own ruling coalition with the Centrist Social Democrats (SPD). Using the platform of a regional party congress of his CDU Conservatives in Niedersachsen, Merz has delivered a speech that immediately attracted national attention and will be remembered for one phrase.

 

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Cheeseburger Gothic Thursday, August 28, 2025 - 16:58 Source

I finally stopped nitpicking the World War 3.2 manuscript long enough to send a proof copy to my rock-steady crew at Patreon. If that includes you, check your email for the freebie.

That took a lot longer than expected, mostly through my own choices. As soon as I decided to go wild and write as many fucking words/chapters/books/whatever as I needed to finally wrap this thing up, my outline for 3.2 became obsolete. I started asking myself, since space was no longer an issue, where could I go with this thing?

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MacroBusiness Thursday, August 28, 2025 - 16:30 Source

Asian share markets are in a mixed mood that is being reflected by Wall Street futures off slightly despite the better than expected NVIDIA results after the close with European shares also looking to open flat. The USD is losing ground against all the majors again as fears over the loss of independence at the

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, August 28, 2025 - 14:31 Source
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Renew Economy Thursday, August 28, 2025 - 14:29 Source
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Renew Economy Thursday, August 28, 2025 - 14:24 Source
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Renew Economy Thursday, August 28, 2025 - 14:23 Source
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Renew Economy Thursday, August 28, 2025 - 14:15 Source
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MacroBusiness Thursday, August 28, 2025 - 14:00 Source

Paul Keating is ejaculating as Chinese propaganda runs riot. The Australian. “As the Pentagon is now reviewing the AUKUS security pact between the United States, the United Kingdom and Australia, Canberra needs to decide whether it is still ready to push ahead with this US-led project that goes against its own national interests in many aspects,” the

The post China and America battle for Australia’s soul appeared first on MacroBusiness.

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Renew Economy Thursday, August 28, 2025 - 13:33 Source
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MacroBusiness Thursday, August 28, 2025 - 13:30 Source

Deutsche this time. Nature of the USD move shifting to a more AUD-supportive one:As we’ve noted, a key reason for AUD’s lack of ‘high-beta’ status earlier in the year (when wer emained neutral), and our later shift to be being more bullish has been the changing volatility or risk context. For the most part, the

The post Another major bank piles into Australian dollar appeared first on MacroBusiness.

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MacroBusiness Thursday, August 28, 2025 - 13:00 Source

Australia’s economy has become overly reliant on public sector spending (not to mention high immigration) to grow the economy. Consider the following facts. Since the COVID-19 pandemic began, around 60% of Australia’s job growth has come from the non-market (effectively government-funded) sector of public administration and safety, education, healthcare, and social assistance. Over the past

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