Blogotariat

The federal Coalition confirms it will now scrap two of the six offshore wind development zones declared by federal Labor, if elected to government.

DXY is still falling. EUR is not exactly soaring post-German election. The AUD rocket is in danger of a crash landing. Lead boots is stable. Gold and oil got puked. Another dirt bubble goes pop. Woe is miners. EM deepsuckered. Junk nailed to the floor. The bond bid is back. As stocks freak about growth.

The post Australian dollar rocket crash lands appeared first on MacroBusiness.

Dark night for Germany: Elections will change little, and nothing for the betterDespite the establishment’s historic losses, it will still form a coalition and lead the country deeper into despair

For anyone following German politics, it may be counterintuitive, but things can get even worse. 

BY Tarik Cyril Amar

The Australian Bureau of Statistics’ (ABS) latest annual national accounts reported that Australia’s land was valued at $9.2 trillion in 2023-24, with residential land accounting for 84% ($7.7 trillion). As illustrated below, residential land values have skyrocketed from 1.1 times Australia’s GDP in 1989 to 2.9 times GDP as of 2023-24. The total value of Australia’s

The post The great Sydney land bubble appeared first on MacroBusiness.

Construction of former President Barack Obama's long-awaited library and museum in Chicago began with ambitious plans for diversity, equity and inclusion (DEI) but is now plagued by huge cost overruns, delays and a $40.75-million, racially charged lawsuit filed by a minority contractor.

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Economist Martin Armstrong speaks again with SouthFront. In the interview he gave, Armstrong offers some insights into the main issues on the geopolitical and economic agenda. Armstrong’s reflections are based on the interpretative model of economic cycles, the Socrates model.

Italian long-duration energy storage company sets up APAC headquarters in Melbourne as it looks for sites in Victoria to deploy its proprietary CO2 battery.

Sanjeev Gupta is looking to pass the Tahmoor coal mine to its ninth owner for an asking price of $800 million. But who is going to step in and take responsibility for its emissions?

The Market Ear with more. What could go wrong? Steve Cohen expects a significant correction. Warren is hoarding more cash than ever. Some valuations metrics say that this is the most overvalued market ever. Hedge funds, long-onlies, retail and CTAs are all close to max long. What could go wrong…? Retail Retreat Retail investors turned

The post Is the stock bubble about to burst? appeared first on MacroBusiness.

Analysis shows that the federal government has made $123.6 billion worth of discretionary spending decisions in the three budgets it has handed down since taking office in May 2022. The government has also announced some $20 billion worth of election promises since the start of 2025, headlined by the $8.5 billion expenditure on Medicare. Independent

“Voluntary attendance. Online classes. Student numbers swelling”. The Guardian’s education correspondent, Caitlin Cassidy, has questioned the erosion of teaching standards at Australia’s universities, which have transformed into little more than “degree factories”: More than a dozen academics who spoke to Guardian Australia on the condition of anonymity say their work has become undervalued and underpaid,

According to the Department of Education, a record 1,018,799 international students were enrolled in Australia during the year ending Q3 2024: The table below shows a breakdown of enrolments by type of institution. As you can see, vocational education and training (VET) has had the largest increase in student enrolments since 2019, from 247,467 to

The post Thousands of migrants rort visa system appeared first on MacroBusiness.