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Oz Blog News Commentary
MacroBusiness Tuesday, January 27, 2026 - 13:10 Source

Cotality’s latest chart pack for December showed that Australia’s dwelling stock was valued at $12.3 trillion at the end of 2025, spread across 11.4 million homes. This meant that as of 31 December 2025, the average value of a home in Australia stood at an astonishing $1,079,000. Not surprisingly, then, Domain’s house price results for the

The post Perth joins the million dollar housing club appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 13:00 Source

Fascism has been so misappropriated by the fake left that we should define it before we discuss it. Let’s turn to a source infinitely more accurate than journalists. ChatGPT. Fascism is a political ideology and system of government that centers on strong, centralized power, extreme nationalism, and the suppression of opposition and individual freedoms. In

The post Is America fascist? appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 12:30 Source

Economists are debating the merits of interest rate hikes. Expectations of a higher quarterly inflation rate have driven a near 60% chance of an interest rate hike at the Reserve Bank’s meeting next week, keeping pressure on the Albanese government to address the rising cost of living from, most notably, higher electricity prices. …The results

The post Should the RBA hike interest rates into an energy shock? appeared first on MacroBusiness.

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Renew Economy Tuesday, January 27, 2026 - 12:23 Source

Yallourn-Power-station-EnergyAustralia-Panoramic-Shot-supplied-optimisedOld and inflexible, costly and dirty: Coal generators may be kept online longer than many hoped, but within a decade most will be gone, new report finds.

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MacroBusiness Tuesday, January 27, 2026 - 12:00 Source

In its first term, the Albanese government inked two migration-related pacts with India, specifically aimed at promoting migration flows to Australia: The Australia–India Migration and Mobility Partnership Agreement. The Mechanism for Mutual Recognition of Qualifications. Last year’s Labor federal election victory sparked celebrations among the Indian population and migration agents, who believed that avenues to

Read more Views: 57
MacroBusiness Tuesday, January 27, 2026 - 11:30 Source

In my experience, there is nothing worse than an academic with a business vision. The academic has neither the real-world nous nor the thick skin to withstand the temptations of greed and dealmaking. There is no better example than the parlous state of the Australian tertiary sector. It has become the kernel of the great

The post Universities kernel of great Australian collapse appeared first on MacroBusiness.

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Renew Economy Tuesday, January 27, 2026 - 11:07 Source

Nuclear_Power_Plant_Cattenom-copy.jpgDespite the hype from the nuclear industry and its boosters, the latest status report shows that its renaissance remains a mirage, and reactor numbers are falling.

The post Another miserable year for nuclear power as renewables surge appeared first on Renew Economy.

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Your Democracy Tuesday, January 27, 2026 - 11:04 Source

January 2026 marks a year since Donald Trump was sworn in as the 47th President of the United States. Few national leaders can compete with Trump when it comes to public engagement and the range of global issues tackled. He is undoubtedly the most quoted head of state. However, the high level of media attention to America’s domestic and foreign policies is a double-edged sword for the current US administration.

 

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Renew Economy Tuesday, January 27, 2026 - 11:02 Source

Torrens Island batteryEnergy efficiency, energy storage, demand flexing and even reciprocating engines offer alternatives to gas turbines.

The post The future for gas generation: Do we really need it, and in what form? appeared first on Renew Economy.

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MacroBusiness Tuesday, January 27, 2026 - 11:00 Source

In 2023, Labor MP Julian Hill, who is the Assistant Minister for Citizenship, Customs and Multicultural Affairs, and Assistant Minister for International Education, described Australia’s international education system as resembling a “Ponzi scheme”, accusing agents of misusing student visas by promoting them as cheap work visas with pathways to permanent residency. Phil Honeywood, the CEO

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MacroBusiness Tuesday, January 27, 2026 - 10:30 Source

Amidst the ongoing controversy and debate relating to the shooting of two people this month by Immigration and Customs Enforcement (ICE) officers in Minneapolis, Minnesota, Americans have been left bitterly divided over whether or not their actions were justified. To explore this issue in the most fact-based way as related to how it is perceived

The post The Ink Blot Test of Trump’s America appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 10:00 Source

In the lead-up to December’s Q2 population release from the Australian Bureau of Statistics (ABS), several key data sets were pointing to rebounding net overseas migration (NOM). First, the Q3 national accounts, released just a few weeks prior in early December, showed that Australia’s population growth had rebounded: Second, the civilian (15-plus) population data released

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MacroBusiness Tuesday, January 27, 2026 - 09:30 Source

The ferrous jaws must close! CISA’s second ten days of January output was well below last year. Worse, inventories rise to 16.13mt. This one million tonnes above last year and the prospect of anything but weak restock is all but certain now. The iron ore great pyramids continue to grow. The Steelhome measure is approaching records

The post Iron ore onwards and downwards appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 09:00 Source

Its all about the structural “off-America” risk trade with the US dollar index now down to a four month low with the Australian dollar making another new high as it surged through the 69 cent level at the start of the trading week. Gold and silver surged again while Wall Street kept hope alive as

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 08:20 Source

DXY is fast approaching critical support. If it breaks down, and why not, given it is now a measure of the madness of the POTUS, then all bets are off on everything. AUD is more than the mirror image. Supported by rate hike fever and the roaring JPY. Rushing past the plodding CNY. Golden parabola.

The post Australian dollar blasts off with yen appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 08:00 Source

Labour force data released last week by the Australian Bureau of Statistics (ABS) showed that the nation’s official unemployment rate eased to a seven-month low of 4.1% in December. The result compared with 4.3% in November and economists’ expectations that unemployment would rise to 4.4%. The latest Statement of Monetary Policy (SoMP) from the Reserve

The post Interest rates are balanced on a knife’s edge appeared first on MacroBusiness.

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Renew Economy Tuesday, January 27, 2026 - 06:00 Source

Victoria sets new date for its first offshore wind tender, nearly a year after the original that was delayed last year.

The post Australia’s first offshore wind auction set for August after nearly one year delay appeared first on Renew Economy.

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Your Democracy Tuesday, January 27, 2026 - 05:44 Source

Australia’s leaders are trying to avoid becoming a target in a harsher, more coercive world. But silence and caution can’t substitute for strategy – or for honest leadership that levels with the public.

Higher Australian foreign policy has probably never been so simple. Our government, and probably an alternative coalition government (if anyone could imagine such a thing), would like very much to escape international attention for as long as possible.

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Your Democracy Tuesday, January 27, 2026 - 05:00 Source

British Conservative lawmaker Suella Braverman, who was home secretary — the UK equivalent to interior minister — between 2022 and 2023, has joined Nigel Farage's populist Reform UK party.

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Your Democracy Tuesday, January 27, 2026 - 04:33 Source

Moscow and Washington will not engage in dialogue with Brussels’ foreign policy chief Kaja Kallas, Kremlin spokesman Dmitry Peskov has said.

Peskov made the remarks after the US, Russia and Ukraine concluded their first round of three-way negotiations in Abu Dhabi on Saturday. EU officials have complained that, despite providing military and financial aid to Kiev, the bloc has been largely excluded from the talks.

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MacroBusiness Tuesday, January 27, 2026 - 00:05 Source

Australia’s housing market is an unmitigated disaster on almost every metric. Cotality’s latest housing affordability report showed that dwelling values relative to household incomes were tracking at a record high of 8.2 in the September quarter of 2025: The ratio of mortgage payments to household income was tracking at a near record high of 45.0%

The post Australia’s housing crisis will never end, unless… appeared first on MacroBusiness.

Read more Views: 93
Your Democracy Monday, January 26, 2026 - 21:33 Source

Global warming is one of the biggest challenges faced by humanity today. As emissions continue to rise, global temperatures keep breaking records and the world's poorest nations bear the brunt of a crisis they did little to create.

 

Time to fix responsibility for climate change

By Hu Yong | CHINA DAILY

 

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John Quiggin Monday, January 26, 2026 - 20:46 Source

This is one of the most depressing Australia Days I can remember. We are still recovering from the horror of the Bondi massacre and the disgraceful jostling for political advantage that followed it. Meanwhile, the news is that opposition is hardening on changing the date to one less offensive to First Nations people. The actual shifts aren’t that great in statistical terms, but there’s no doubt that this shift, along with the rise of One Nation reflects something real.

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Renew Economy Monday, January 26, 2026 - 20:09 Source

Three projects totalling up to 4 gigawatts offered feasibility licences in W.A., but the Illawarra and Bass Strait miss out.

The post French giants dominate offshore wind licences out west, but none offered in Illawarra or Bass Strait appeared first on Renew Economy.

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Renew Economy Monday, January 26, 2026 - 20:00 Source

A $20 million national ad campaign raising awareness of Australian-made products kicked off late last week a manufacturer of low carbon aluminium products.

The post New $20 million “Made Right Here” ad campaign kicks off at low-carbon aluminium maker in NSW appeared first on Renew Economy.

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Your Democracy Monday, January 26, 2026 - 14:21 Source

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MacroBusiness Monday, January 26, 2026 - 13:00 Source

The news first. Andrew Hastie has been given the blessing of his young family to enter the Liberal leadership race, as conservative powerbrokers lean towards backing the 43-year-old to replace Sussan Ley. Just hours after likely leadership rival Angus Taylor ­returned from overseas, sources close to Mr Hastie confirmed that the West Australian MP had discussed

The post Hastie must “freeze” immigration appeared first on MacroBusiness.

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MacroBusiness Monday, January 26, 2026 - 12:30 Source

From the marvellous Michael Hartnett at BofA.  Zeitgeist: “When the market goes up, they should lower rates” Trump on the Fed. Zeitgeist: “Only three certainties are death, taxes, and new highs in Japanese banks.” Tale of the Tape: Japan yen weakest vs. China renminbi since 1992 (Chart 6); biggest risk to max bull Q1 consensus

The post Of stocks and the madman appeared first on MacroBusiness.

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MacroBusiness Monday, January 26, 2026 - 12:00 Source

New Zealand experienced one of the biggest house price booms in the world during the pandemic. However, since prices peaked in late 2021, values in real inflation-adjusted terms have plummeted by more than 30% to levels last seen in 2019, nearly six years ago. The latest house price results from the REINZ showed that home

The post New Zealand’s house price crash is cause for celebration appeared first on MacroBusiness.

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Your Democracy Monday, January 26, 2026 - 11:39 Source

Now, this is a tricky one, George, because it’s a subject on which my opinion has altered violently. And this is a disaster! My God, everyone knows that newspaper readers cling to the opinions of columnists like passengers on the Titanic fastened on to the few lifeboats there upon the chopping, churning sea.

 

What are the rules about wearing one’s hat indoors?

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