Blogotariat

Jesus, what a pack of nupties. Maintaining price stability and full employment is the priority. The Board continues to judge that the risks to inflation have become more balanced and the labour market remains strong. Nevertheless it remains cautious about the outlook, particularly given the heightened level of uncertainty about both aggregate demand and supply.

The post Lunatic RBA refuses to cut appeared first on MacroBusiness.

Victoria has issued new visualisations of what offshore wind turbines in its Gippsland offshore wind zone might look like to the naked eye, and there isn't much to see.

Morgan Stanley with the note. The headlines have already started to trickle in: Canada repeals digital services tax, Vietnam agreement secured, EU on track. These seem like the previews before the movie starts – but what are we actually watching? Many of our conversations with clients point to July 8/9 as a catalyst for risk.

The post What now for tariffs? appeared first on MacroBusiness.

When it comes to economic statistics, few are as hotly contested as government employment data. Issues such as survey response rates, one hour of work per week counting as being employed and the likelihood of significant later revisions are often cited as potential distortions to the “true” picture of the nation’s labour market. For this

The post Aussie dole queue booms appeared first on MacroBusiness.

In recent years, the hard reality of the economic, social and fiscal situation of Britain have gradually come to the forefront. Some examples have been surprisingly humorous, such as the livestream of a lettuce that ended up outliving the government of Conservative Prime Minister Liz Truss. Others have been cold and concrete, such as the

The post Britain’s dark days are Australia’s Future appeared first on MacroBusiness.

Melbourne innovator says new electrolyer platform can lower costs, is easily paired with wind and solar, and operate during brief windows of low or negative energy prices.

The Market Ear on equities. Approaching neutral “This week, positioning has continued to rise and is approaching neutral but is still a little shy of it (-0.14sd, 35th percentile)” Source: Deutsche Bank Far from max long Goldman’s Wilson sums it up: “…on our latest estimates CTAs would have another $95b of US equities to buy

The post Maxed out and underweight appeared first on MacroBusiness.

Because, increasingly, you will have neither. Ahead of Prime Minister Anthony Albanese’s upcoming trip to China, Sussan Ley said Australia should be wary of the expansion of an existing free trade agreement to include artificial intelligence and the digital economy. In an opinion piece in the Financial Review, China’s ambassador to Australia, Xiao Qian, urged

The post Do you want multiculturalism or democracy? appeared first on MacroBusiness.

Of all the narratives that exist within the realm of Australian housing and economics, one of the most hotly debated is “If housing is so expensive, how are people buying into the market?” Today, we’re going to take a data-driven deep dive into how Australians continue to enter the housing market for the first time.

The post How do first home buyers afford anything? appeared first on MacroBusiness.

It is amusing to watch some interest rate forecasters stick to tiny indicators. ANZ is one. After two consecutive months of decline, the ANZ-Indeed Australian Job Ads series has bounced back, from 114.8 in May to 116.9 in June. The unemployment rate and the hours-based underutilisation rate (a broader measure of spare capacity) have been

The post RBA to keep cutting in fight against 357% unemployment appeared first on MacroBusiness.

Overnight saw Wall Street react negatively to the Trump Tariff Tirade via letters to all the countries the regime has not yet done a trade deal (read: all but 3) with a surprisingly high number chosen for most and with threats of retaliation if any country decided to match or even attempt to put in

The post Macro Morning appeared first on MacroBusiness.

Trump & Israel fired the first shot in a major war on BRICS as Iran's resilient defense shocks the world. Geopolitical analyst Pepe Escobar joined the program directly after Iran's attack on a US air base in Qatar to react to the significance of the 12-day war and what's to come as the Collective West panics over the power of the multipolar world led by the emerging BRICS countries.