MacroBusiness
Thursday, April 24, 2025 - 10:30
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If you want further evidence that the education export industry is a giant migration scam, look no further than the latest report on “phantom” students from The Australian: Foreign students from Africa, Pakistan and India have been reported missing from universities… Phantom students have been exposed by the Queensland University of Technology, which revealed nearly |
MacroBusiness
Thursday, April 24, 2025 - 10:00
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The Market Ear on the chaos. Show me the trend SPX has mostly been frustrating everybody. Huge volatility, no direction. Source: Refinitiv Did they front run the crash? The aggregate selling from systematics has been huge. The question is whether they front ran the SPX move lower, discounting a bigger bear than realized? Source: GS The post Stocks rise with the child president appeared first on MacroBusiness. |
The Tally Room
Thursday, April 24, 2025 - 09:30
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Australia’s states often swing in different ways, with trends noticeable at the state level rather than just at the state or regional level. For this reason, I usually choose to measure 2PP results against the state result, rather than the national result. At the 2010 federal election, the Coalition gained swings in New South Wales, Queensland and Western Australia, but Labor actually gained ground in Victoria, South Australia and Tasmania. |
MacroBusiness
Thursday, April 24, 2025 - 09:30
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DXY is back. EUR splat. AUD follows EUR. Lead boots stuck. Bretton Woods II firming hit gold. Metals did better. Big mining=big bear. EM yawn. Junk cancels recession. Curve flattened. Stocks to the moon. It’s not hard to see why the child president is in a panicked reversal. Check out these internal from the Richmond The post Australian dollar chomped by Bretton Woods appeared first on MacroBusiness. |
MacroBusiness
Thursday, April 24, 2025 - 09:00
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As the Trump regime folds faster than a dodgy poor chair on its tariff tirade against China, risk sentiment is bouncing back across most but not all markets with US and European stocks surging overnight while the USD firmed against the undollars. However, bond markets remain in flux with the 10 year Treasury yield almost The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Thursday, April 24, 2025 - 08:24
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Renew Economy
Thursday, April 24, 2025 - 08:22
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Cheeseburger Gothic
Thursday, April 24, 2025 - 07:40
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Your Democracy
Thursday, April 24, 2025 - 06:54
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The president is bringing out the differences between political cultures and traditions in Australia and the US, especially in attitudes towards what government can and should do. Donald Trump is coming to mean many things for this nation’s political leaders and for the Australian people. Mad king, tariff tyrant, spoiler of world orders, trasher of international rules. And still a hero to some.
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Your Democracy
Thursday, April 24, 2025 - 06:03
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"If I were president, I would stop terrorist attacks against the United States in a few days. Definitively. First, I would apologize to all the widows, orphans, tortured people, those who fell into poverty, and the millions of other victims of American imperialism. |
Your Democracy
Thursday, April 24, 2025 - 05:51
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Senior opposition figure Andrew Hastie has warned Australia's long-standing military alliance with the United States faces uncertainty under President Donald Trump's "unpredictable" America First agenda. |
Your Democracy
Thursday, April 24, 2025 - 05:38
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Young adults in the United States are experiencing anxiety and depression at twice the rate of teens, with more than half reporting that their lives lack meaning or purpose, according to a new report from Harvard University. |
Your Democracy
Thursday, April 24, 2025 - 05:24
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The world's coral reefs are going through the most intense bleaching event ever recorded, with 84% of them now affected, scientific authorities announced on Wednesday. The current crisis, the fourth global bleaching event since 1998, is more intense than the 2014-17 episode that caused some two-thirds of global reefs to experience the harmful whitening. |
MacroBusiness
Thursday, April 24, 2025 - 00:05
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On every metric, Australian housing is unaffordable. At the end of 2024, the national dwelling price-to-income ratio was 8.0, up from a 20-year average of 6.7 and nearly double the level of the early 2000s. The number of years taken for a median-income household to save a deposit on a median-priced home was 10.6, up The post Is Australian housing “a bargain”? appeared first on MacroBusiness. |
Your Democracy
Wednesday, April 23, 2025 - 20:53
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The Trump administration said on Tuesday that the 145 percent tariffs imposed on Chinese imports will eventually "come down substantially" while expressing optimism about future talks to reach a US-China trade deal, US media reported.
US says tariffs on China will drop ‘substantially’; expert warns Washington faces difficulties in achieving initial goals as bullying unsustainableBy Ma Jingjing
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Renew Economy
Wednesday, April 23, 2025 - 18:52
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Renew Economy
Wednesday, April 23, 2025 - 17:55
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MacroBusiness
Wednesday, April 23, 2025 - 16:30
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In surprise to no one, the Trump regime has wavered first as it signals “very nice” but probably non-existent trade talks with China and nullifies suggestions that Fed Chair Powell’s head is on the chopping block. This has seen extended rallies across stocks while the USD has firmed against most undollars although the Australian dollar The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Wednesday, April 23, 2025 - 15:24
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MacroBusiness
Wednesday, April 23, 2025 - 14:00
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The Dutton-led Coalition is staring down a massive election defeat, with the latest polling from Roy Morgan showing Labor’s two-party preferred vote widening to 55.5% (up 1%) against the Coalition’s 44.5%. The following chart plots recent polling from various sources and shows Labor’s lead widening as the election date approaches. Primary support for Labor also The post Dutton faces electoral annihilation appeared first on MacroBusiness. |
MacroBusiness
Wednesday, April 23, 2025 - 14:00
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They say that the fish rots from the head and never was a truer word spoken about the festering Australian Financial Review. Its rotten fishhead, Michael Stutchbury, today bewails the lies of politics by, you guessed it, lying. As Treasury secretary Steven Kennedy says, it was Liberal Treasurer Josh Frydenberg who agreed to pump up overall The post Lying rotten fishhead bewails economic lies appeared first on MacroBusiness. |
MacroBusiness
Wednesday, April 23, 2025 - 13:30
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The Trump Administration is the best thing that has happened to the incumbent Liberal government of Canada. Polling conducted in early January suggested that the Liberal Party could win as few as 21 seats in the 338-seat parliament at this year’s election. Canadians had endured a decade-long decline in their living standards. Per capita GDP The post Donald Trump usurps Canadian election appeared first on MacroBusiness. |
MacroBusiness
Wednesday, April 23, 2025 - 13:00
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In June 2024, AMP chief economist Shane Oliver posted the following chart showing that Australia’s housing shortage was about to surpass 200,000 dwellings: Oliver explained via Twitter (X) that “underlying demographic demand (driven by strong population growth) continues to run well ahead of new housing supply (constrained by capacity and cost issues, etc.), and is The post Australia’s housing shortage nears 300,000 appeared first on MacroBusiness. |
MacroBusiness
Wednesday, April 23, 2025 - 12:30
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Time for more yawnzooka as Chinese property falls into a tariff hole. Yawnulus fading. Sales too. Inventory still drawing. As completions keep falling. Not much good here. More yawnulus incoming. And it had better hurry. Morgan Stanley. Our Asia Research team’s latest AlphaWise survey of ~2,000 consumers in China (conducted April 8-11, immediately after the The post Chinese property sinks into tariff hole appeared first on MacroBusiness. |
Renew Economy
Wednesday, April 23, 2025 - 12:21
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Renew Economy
Wednesday, April 23, 2025 - 12:07
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MacroBusiness
Wednesday, April 23, 2025 - 12:00
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It is the unsinkable metal ore despite falling steel prices. Recent GDP data was OK but what’s coming isn’t. Goldman. Despite a sequential deceleration from last Q4, year-over-year real GDP growth came in at 5.4% in Q1, higher than consensus expectations. With exports jumping 12.4% yoy, industrial production climbing 7.7% yoy, and retail sales rising The post Iron ore hopes return appeared first on MacroBusiness. |
MacroBusiness
Wednesday, April 23, 2025 - 12:00
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Aussie retail sales have been structurally weak, falling in per capita terms over the past two years. Discretionary ‘brick-and-mortar’ retailers have suffered the most, losing market share to online giants such as Amazon, Temu, and Shein. Amazon joined the Australian market in December 2017 and has quickly expanded its presence. Amazon Prime offers competitive pricing The post Online behemoths usurp Aussie retailers appeared first on MacroBusiness. |
Renew Economy
Wednesday, April 23, 2025 - 11:56
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Renew Economy
Wednesday, April 23, 2025 - 11:55
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