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Point Lonsdale sunrise, Victoria   AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK100 Japan 225

The post Macro Afternoon: 6 October 2025 appeared first on MacroBusiness.

Ausgrid has regulatory approval for a waiver to allow it to start building the Hunter renewable energy zone.

India is Australia’s second-largest source of international students. According to the Department of Education, in the year to July 2025, there were a record 159,530 Indian students enrolled in Australia, up 31,000 from the pre-pandemic peak and 6.6 times more than in 2005: Of these Indian enrolments, 94,271 were in higher education (universities) and 63,613

The post Australia opens Indian student-migration pathway appeared first on MacroBusiness.

Anyone who thinks attaining Labor’s 82% Renewable Energy Target (RET) by 2030 is feasible or affordable is kidding themselves. To meet Labor’s fantastical target, much of Australia’s baseload coal generation—the backbone of the country’s energy grid—would have to be shut down and replaced with masses of intermittent and weather-dependent wind and solar generation, backed up

One of the biggest remaining coal generators in Australia is learning to dance - around rooftop solar - and is regularly switching off in the middle of the day.

Following May’s election, the nation’s electorate fundamentally changed the requirements to pass legislation through the nation’s upper house. Prior to the election, Labor held 25 senate seats, with the Greens holding 11, giving them 36 votes in a chamber that requires 39 for an unassailable majority. When Parliament sat for the first time post-election, the

The post The Greens hold the power appeared first on MacroBusiness.

The hyper-taut ferrous complex should not be confused with equilibrium. The market is indeed stable, but this is not owing to calm price pressures. Steel demand is stable due to exports. Steel production is far too high on anti-innovation stupidity. This is a market with Godzilla pulling at one end and King Kong at the

The post The shared doom of iron ore and gas appeared first on MacroBusiness.

Perfection prevails NDX continues trading inside the perfect trend channel that has been in place since May. Buying the 21 day remains a simple but profitable strategy. We are here Nothing new, but NDX seasonality from here is very strong. SPX +7300 SPX is +14%YTD. Goldman’s Garrett points out: “Only 4 other instances where SPX

The post FOMO Mania Meets AI Nuclear Fever appeared first on MacroBusiness.

The current European nonentities have replaced titans—flawed, perhaps, but figures with gravitas, charisma, and historical will. There was Merkel, who could take a punch; Macron, young and with the ambitions of a new Napoleon; and even Johnson with his chaotic but distinct style

The EU’s House of Cards: How Talentless Pygmalions Are Molding a World Out of Nothingness

The Church of England has appointed its first female Archbishop of Canterbury, ending 1,400 years of male leadership. Former top British nurse, Sarah Mullally, was installed as the confession’s highest-ranking clergy by a church synod on Friday.

Though female priests were first ordained in 1994, women were not permitted to take senior posts until 2014, a reform that followed years of internal schisms and debates within the Church.

Rupert Murdoch built more than a media empire. He built a cathedral of grievance where facts die on the altar and paranoia pays the rent. [...]

The post A Cathedral of Grievance: How Murdoch Built The Monster He Can No Longer Control appeared first on The AIM Network.

By Trent Saunders, economist at CBA The RBA left the cash rate on hold at 3.60%, as expected, but the accompanying statement carried a more hawkish tone. We crystallised some of the upside risk to inflation in our forecasts this week, upgrading our estimate for trimmed-mean inflation in Q3 from 0.7% to 0.8%/qtr. This uplift

The post The economic week ahead appeared first on MacroBusiness.