Blogotariat

Review headed by Tim Nelson makes nine recommendations, including tenders for e energy, shaping and firm contracts, more transparency, and a focus on CER.

DXY is holding for now. AUD is licking its wounds. Lead boots bounced. Gold is firm, oil not. Metals are lacklustre. Mining bear intact. EM bounced. Junk toppy. Yields held the losses. Stocks fell anyway. I expect more AUD chaos for now. The market remains very short DXY, and such consensus trades often need long

The post Australian dollar licks its wounds appeared first on MacroBusiness.

Since the turn of the century, Australian policymakers have attempted to pump housing demand via stimulatory demand-side policies. These policies have ultimately driven mortgage debt and house prices higher, resulting in structurally worse housing affordability. The latest federal election was another prime example of this policy folly, with both Labor and the Coalition promising further

A new wind project has emerged near Julia Creek in Queensland's outback, the latest in a string of proposals along the Copperstring transmission line.

There are a fair number of curious idiosyncrasies within the systems of royalty and aristocracy, but perhaps one of the most popular queries relates to the well-known phrase ‘a person of blue-blood’. 

But what does this curious phrase actually mean? 

What Does Blue Blood Mean?by Chancellor von Moritz

NSW remains Australia's biggest coal state, but not for long. And the start of a unique contract with what will be the world's most powerful battery has got everyone excited.

The US is having a grown-up jobs debate that would serve Australia well (or it would be if the Child President didn’t sack everybody he disliked). Goldman is typical. The Bureau of Labor Statistics (BLS) will publish a preliminary estimate of the benchmark revision to March 2025 nonfarm payrolls on September 9th. We estimate a downward

The post Yes, Karen, immigration impacts the labour market appeared first on MacroBusiness.

The news on inflation continues to improve, following the latest benign Q2 CPI print from the Australian Bureau of Statistics (ABS). On Monday, the Westpac-Melbourne Institute (MI) monthly CPI gauge was released. As illustrated below by Justin Fabo from Antipodean Macro, quarterly trimmed mean inflation remained low in July, undershooting the ABS measure. On Fabo’s

The post Lower Aussie inflation, but fewer rate cuts appeared first on MacroBusiness.

WA's main grid has a "connection-ready" pipeline of more than 12 gigawatts of renewable energy projects, the state-owned network company has revealed.

The sad vestige of globalism marching across the Harbour Bridge this weekend has met its maker already. Prime Minister Benjamin Netanyahu has reached a decision for the full occupation of the Gaza Strip, including operations in areas where hostages are held, a source in the Prime Minister’s Office told The Jerusalem Post on Monday. Meanwhile, the sad

The post Harbour Bridge goes back to traffic appeared first on MacroBusiness.

Victoria disease is metastasising: The economies of Victoria’s neighbouring states may be the real winners of Premier Jacinta Allan’s plan to enshrine in law the right to work from home, as businesses eye a possible move across the border, the peak business bodies in Labor-led NSW and South Australia say. Ms Allan announced on Saturday

The post Welcome to Helbourne the happy appeared first on MacroBusiness.

Higher-priced properties are typically the most volatile and sensitive to changes in interest rates. This volatility is illustrated by CBA below, which plots quarterly dwelling value growth for the most expensive homes against the least expensive homes. This greater volatility reflects the fact that the market for the most expensive homes is thinner and when

The post First home buyers squeezed by soaring prices appeared first on MacroBusiness.