Blogotariat

An Australian company using drones to slash the time and cost of stringing high voltage power lines has raised more money for its global expansion.

The Market Ear with more. Weird market The S&P has stayed above its 50-day moving average for 128 straight days — one of the longest streaks ever, but at the same time more stocks are hitting 52-week lows than highs. Source: GS S&P Streaking We made it past the 5-months-in-a-row mark (which has been a

The post Tech bubble inflates appeared first on MacroBusiness.

Goldman with the note. Government Shutdown: Much Closer to the End Than to the Beginning2 The partial shutdown of the federal government looks likely to last longer than any prior shutdown, mainly because there is little political pressure to end it. A greater share of the public holds Republicans and President Trump responsible for the

The post When will the US government shutdown end? appeared first on MacroBusiness.

The last two years of record dry periods has put Tasmania on notice that in future it will need power from Victoria just as much as being the mainland's battery.

Budget watcher Chris Richardson says that public service wage pressures are exceeding budget forecasts. “It would appear the wage pressure is beating the budget forecast and that was always the likely outcome”, he said. Richardson’s comments follow an AFR analysis of 16 financial reports by federal agencies, which revealed that 14 had unbudgeted increases in

The post Bureaucratic bloat punches hole in federal budget appeared first on MacroBusiness.

One of Australia's big-three gentailers is seeking a federal green tick for a newly proposed 500 MW, four-hour big battery in Queensland.

RBA futures still see one more interest rate cut, but it’s six months away Meanwhile, Bloxo leads off the rate hike hysteria. Third-quarter inflation surprised sharply to the upside, and when a big surprise like this comes along, there are typically two possible responses. One is to dismiss the data as statistical noise that will

The post RBA rate hike hysteria begins appeared first on MacroBusiness.

Yet again Wall Street only rallied overnight due to tech giants as the AI bubble keeps the mirage of everything afloat. The USD is holding firm against all the majors although is making new ground against Kiwi and the Canadian Loonie while the Australian dollar is just holding on above the 65 cent level. Remember

The post Macro Morning appeared first on MacroBusiness.

Beneath the diplomatic pomp and illusions of partnership, France is bitterly discovering that in the Atlantic Alliance, allies have no friends but their own interests.

Paris’s futile efforts: why is French military-technical cooperation with its allies failing?

    Mohamed Lamine KABA

The first in a series of first-hand accounts of the Dismissal, from the man who was there: John Menadue.

Deceit is the one word that comes to mind when I think about the Dismissal.

Many in the Coalition, with a born-to-rule view after 23 years of conservative rule, believed that the election of the Whitlam Government in 1972 was an aberration.

There’s an urgent need to replace our total mess with a codified constitution.

By George Monbiot, published in the Guardian  23rd October 2025

After two years in Brazil, I felt I understood its political system better than I understand the UK’s. The reason is a short book in simple language that almost everyone owned: the constitution, published in 1988. Admittedly, I discovered the document’s limitations while trying to explain its principles to a furious captain of the military police with a pump-action shotgun. But at least I knew exactly which of my rights he was infringing.

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

Asian markets are generally steady following the weekend gap with traders absorbing the outcome of the Trump-Xi summit last week amid some other economy releases, not withstanding last week’s Fed meeting which saw a “cut and wait” approach as too much inflation and not enough job growth plagues the Trump regime. This has seen the

The post Macro Afternoon appeared first on MacroBusiness.