Your Democracy
Friday, June 27, 2025 - 05:54
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On this episode of The David Frum Show, David opens with a Memorial Day message about corruption and extortion in the Trump White House, including revelations about meme-coin pay-to-play schemes and foreign-financed golf courses. |
Your Democracy
Friday, June 27, 2025 - 05:37
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MacroBusiness
Friday, June 27, 2025 - 00:05
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When the pandemic arrived on Australia’s shores in early 2020, housing was already unaffordable for a majority of households, as illustrated by falling homeownership rates and declining rates of household formation. But like the joke that a Russian family friend used to describe his nation’s history, the events that would unfold for Australia’s housing market |
Renew Economy
Thursday, June 26, 2025 - 19:06
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Renew Economy
Thursday, June 26, 2025 - 19:05
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Your Democracy
Thursday, June 26, 2025 - 16:41
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US President Donald Trump has called for an end to the corruption trial of Israeli Prime Minister Benjamin Netanyahu, days after Israel and Iran reached a ceasefire. Trump showered his Middle Eastern ally with praise in a post on his Truth Social platform on Wednesday evening. “Bibi Netanyahu was a WARRIOR, like perhaps no other Warrior in the History of Israel,” he wrote. |
MacroBusiness
Thursday, June 26, 2025 - 16:30
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Equity markets outside of Japan in Asia are dragging their feet despite a weaker USD with the Trump regime putting more pressure on Fed Chair Powell not helping. The USD is failing to clawback lost ground with Euro, Swiss Franc and Yuan all making new highs against the “King” as the absence of any real The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Thursday, June 26, 2025 - 15:47
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Renew Economy
Thursday, June 26, 2025 - 15:09
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Renew Economy
Thursday, June 26, 2025 - 15:06
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Renew Economy
Thursday, June 26, 2025 - 15:05
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Renew Economy
Thursday, June 26, 2025 - 14:43
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Renew Economy
Thursday, June 26, 2025 - 14:40
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MacroBusiness
Thursday, June 26, 2025 - 14:00
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The housing affordability situation in New Zealand is rapidly improving, unlike Australia. Turning to the rental market first, TradeMe reported a 3.1% annual decline in New Zealand asking rents in May, with all major markets experiencing declines. Stats NZ and the Ministry of Business, Innovation and Employment (MBIE) also reported a sharp decline in national |
Renew Economy
Thursday, June 26, 2025 - 13:48
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Renew Economy
Thursday, June 26, 2025 - 13:35
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MacroBusiness
Thursday, June 26, 2025 - 13:30
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Below is a fascinating note from Goldman on US tariffs. The domestic corporate goods price index (CGPI) fell -0.2% mom in May, the first decline since August last year, due to lower gasoline prices. In yoy terms, the index decelerated sharply to +3.2% (April: +4.1%). Domestic prices for machinery-related categories showed a mixed picture of The post Tariffs absorbed by corporate price cuts? appeared first on MacroBusiness. |
Renew Economy
Thursday, June 26, 2025 - 13:27
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Renew Economy
Thursday, June 26, 2025 - 13:24
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MacroBusiness
Thursday, June 26, 2025 - 13:00
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With a Labour government running an immigration-led labour market expansion economic model that intrinsically lowers living standards, the last thing beleaguered Australian households needed was the RBA to join the economic stomping. But that’s exactly what they’ve had, as a politicised RBA refused to canvass what the model means for inflation. Most pointedly, there won’t |
MacroBusiness
Thursday, June 26, 2025 - 12:30
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News.com.au reports that Victoria has relaxed its gas phase-out plan, allowing owner-occupiers to continue using gas heaters and reaffirming that businesses can keep gas running in existing commercial buildings: The state will still push ahead with reforms that will make all new homes and most new commercial buildings electric only from 2027. Premier Jacinta Allan |
MacroBusiness
Thursday, June 26, 2025 - 12:00
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Amidst the ongoing debate surrounding the right level of migration for Australia, I thought it would be interesting to look into how population growth is playing out at a state based level. The piece will also look at which state has been doing the heavy lifting relative in terms of its population growth relative to The post Where is Australia’s population growing the most? appeared first on MacroBusiness. |
Renew Economy
Thursday, June 26, 2025 - 11:59
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MacroBusiness
Thursday, June 26, 2025 - 11:30
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If there is one country that has come to embody the absolute failure of developed world policymakers to address existential economic and social issues, it is South Korea. Despite it’s status as one of the most technologically advanced economies in the world and one of only a relative handful to reach developed world status outside The post Australia following South Korea’s path to national ruin? appeared first on MacroBusiness. |
Cheeseburger Gothic
Thursday, June 26, 2025 - 11:21
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The Tally Room
Thursday, June 26, 2025 - 11:15
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There were 21 seats in 2025 where an independent candidate made the two-candidate-preferred count. For today’s post, I want to explore what we can tell about those voters from their other voting patterns. For voters who ended up with the independent in the two-candidate-preferred count: how did they cast their primary vote, and where did they rank Labor or Coalition? For some of this analysis, it is important to analyse seats where the independent was primarily opposing Labor or primarily opposing the Coalition separately. This first chart shows the 14 independents who made the 2CP count against the Coalition. |
MacroBusiness
Thursday, June 26, 2025 - 11:00
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The Market Ear on the melt-up. Buy signal up here? NDX just put in the golden cross. Golden crosses over the past years were followed by big melt up phases… Source: LSEG Workspace Not enough McElligott sums it up well: “There’s simply not enough “Net” leverage / Beta -“on” and returns have under captured the The post Robots buy, buy, buy appeared first on MacroBusiness. |
MacroBusiness
Thursday, June 26, 2025 - 10:30
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The NSW government’s budget papers show that the state is expected to post a deficit of $5.7 billion for the 2024-25 financial year. The deficit is projected to narrow to $3.4 billion in 2025-26, although it is well above the $2.2 billion deficit that Treasury had forecast in the mid-year budget update. Treasurer Daniel Mookhey The post NSW government turns home buyer of last resort appeared first on MacroBusiness. |
MacroBusiness
Thursday, June 26, 2025 - 10:00
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Inflation is falling across the advanced world. As a result, monetary policy is easing globally, as illustrated below by Justin Fabo from Antipodean Macro: As shown above, the decline in official interest rates has lagged other advanced nations. The recent local data shows that inflationary pressures in Australia are rapidly easing. Wednesday’s monthly inflation indicator |
MacroBusiness
Thursday, June 26, 2025 - 09:30
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DXY is at the breaking point. EUR is soaring. AUD should be catapulting, but markets are beginning to understand that Labor’s immigration-led growth model produces no inflation. Lead boots plod higher. Gold has lost its energy. Oil bottom. Metals reflation is here. Except for the big bears. EM yawn. Junk on the verge of a The post Australian dollar left behind as economy sags appeared first on MacroBusiness. |