MacroBusiness
Wednesday, May 14, 2025 - 00:05
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The latest ASIC data shows that the construction sector leads the nation’s insolvencies, with 2,795 firms going under so far this financial year, representing a 24% increase on 2024. The following chart from Justin Fabo from Antipodean Macro illustrates the rising construction sector insolvencies, which are tracking at around double the pre-pandemic norm: Last week, |
Your Democracy
Tuesday, May 13, 2025 - 19:01
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Chosen on Tuesday as the first woman to lead the federal parliamentary Liberal Party, Sussan Ley is assured of a place in history as breaker of the party's "glass ceiling". But politics has its own traditions, so another phrase may fit better: the "glass casing". |
Your Democracy
Tuesday, May 13, 2025 - 18:15
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The Élysée Palace has derided as “disinformation” claims being promoted by Kremlin figures that Emmanuel Macron took cocaine with Friedrich Merz, the German chancellor, and Keir Starmer while on a train travelling to Kyiv. |
MacroBusiness
Tuesday, May 13, 2025 - 16:15
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AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 The post Macro Afternoon: 13 May 2025 appeared first on MacroBusiness. |
Renew Economy
Tuesday, May 13, 2025 - 15:17
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Renew Economy
Tuesday, May 13, 2025 - 15:10
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Renew Economy
Tuesday, May 13, 2025 - 14:53
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Renew Economy
Tuesday, May 13, 2025 - 14:51
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Cheeseburger Gothic
Tuesday, May 13, 2025 - 14:49
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The algorithm knows me, which is why it served up this piece of sports writing about caffeine.
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MacroBusiness
Tuesday, May 13, 2025 - 14:00
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By Stephen Saunders Labor has the ideal ABC for 2025-31—a powerful and complacent woke-left propaganda-ministry. The broadcaster’s overdue shunt of overrated Laura Tingle is typical. For wicked immigration-influencers like “independent” Abul Rizvi, or Australian un-National University’s Liz Allen and Alan Gamlen, it’s second nature to play the Racist Card to shut down popular resistance to The post The ABC will only get worse appeared first on MacroBusiness. |
MacroBusiness
Tuesday, May 13, 2025 - 13:30
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According to the Council to Homeless Persons (CHP), Victoria has the nation’s lowest level of social housing as a proportion of the overall housing stock. Public housing in Victoria has slumped from a high of around 4% in 1994 to a low of about 2.4% currently. The figure rises to around 2.9% when community housing The post Victoria: the homeless capital of Australia appeared first on MacroBusiness. |
MacroBusiness
Tuesday, May 13, 2025 - 13:00
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We can’t make plastics for anything. Nor windows for anything. Nor towers for anything. Nor explosive inputs. Nor anything for anything. The one thing you would think we were good at is making shit. But no, the great Australian idiot can no longer even take a dump. AFR. High power prices could force the closure of The post Now we can’t even make poo appeared first on MacroBusiness. |
MacroBusiness
Tuesday, May 13, 2025 - 12:30
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Let’s take a walk down memory lane. The date is 13 August 2019, six months before the COVID-19 pandemic arrived in Australia. Infrastructure Australia’s (IA) Australian Infrastructure Audit was released, warning that $40 billion a year of infrastructure investment is needed to catch up with Australia’s voracious population growth. Otherwise, productivity and living standards will |
Renew Economy
Tuesday, May 13, 2025 - 12:23
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Renew Economy
Tuesday, May 13, 2025 - 12:15
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Renew Economy
Tuesday, May 13, 2025 - 12:13
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MacroBusiness
Tuesday, May 13, 2025 - 12:00
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Westpac with the note. Westpac Consumer Sentiment Index up 2.2% to 92.1 in May. • Index recovers about a third of April’s tariff-related fall. • Solid rebound in views on finances led by sharemarket rally, lower fuel prices. • Benign inflation shores up consumer expectations for interest rate cuts. Consumer sentiment has recovered just over The post Fearful Aussie consumers need sugar mummy appeared first on MacroBusiness. |
MacroBusiness
Tuesday, May 13, 2025 - 11:30
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Goldman with the note. On Friday 5/9, we hosted a virtual group meeting with the authors of the Logistics Managers Index, Dale and Zac Rogers, who are observing a situation where inventories have built up (as per their surveys of large logistics’ managers) ahead of tariffs and amid the ongoing 90-day pause on reciprocal tariffs; The post Trump delivers “pandemic scale” shock to trade appeared first on MacroBusiness. |
MacroBusiness
Tuesday, May 13, 2025 - 11:00
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Last month, Ben Phillips from ANU’s Centre for Social Research published a spurious analysis claiming that “lower migration wont ‘free up housing'”, because “as population increases dwelling numbers also increase”, and “with fewer migrants we’d also have fewer dwellings”. Phillips’ analysis was comprehensively demolished on the grounds that: Very few migrants work in construction. Therefore, migrants |
MacroBusiness
Tuesday, May 13, 2025 - 10:30
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The Market Ear on the chaos of the child president. Break away SPX is crushing the short term resistance around 5700 (futures), trading well above the 200 day for the first time since March. 5900 is the first resistance to watch. A close above that area and people will be starting to mention ATHs… Source: The post Love hated rallies appeared first on MacroBusiness. |
Your Democracy
Tuesday, May 13, 2025 - 10:25
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Dumped cabinet minister Ed Husic believes speaking out on the conflict in Gaza may have contributed to his demotion as he fired shots at factional bosses behind the decision. The former industry and science minister lashed Richard Marles, with the move to ditch him thought to have been signed off by the Victorian right faction leader and deputy prime minister. |
The Tally Room
Tuesday, May 13, 2025 - 10:15
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For today’s booth map we’re staying in Melbourne but heading slightly south-east, to look at the two incumbent teal MPs in Melbourne: Zoe Daniel’s seat of Goldstein and Monique Ryan’s seat of Kooyong. Daniel was defeated in Goldstein, while Ryan narrowly held on in Kooyong. |
MacroBusiness
Tuesday, May 13, 2025 - 10:00
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Alan Kohler published a stinging critique of the Australian economy, which he described as a “basket case”: Productivity is declining and housing is unaffordable. Economic growth depends entirely on government spending and immigration, and high immigration has not been matched with enough infrastructure and housing to support it; as a result, Australia is divided, defensive, |
MacroBusiness
Tuesday, May 13, 2025 - 09:30
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DXY is back as the child president spews his slop in a hard reverse. AUD has switched from safe haven to growth proxy, Lead boots to the moon! That is the ugliest double top on gold I can remember. Metals vote for growth over tariffs. Miners maybe. EM nears breakout. Grow my junk! Yield pause. The post Australian dollar falls off a cliff appeared first on MacroBusiness. |
Renew Economy
Tuesday, May 13, 2025 - 08:31
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Renew Economy
Tuesday, May 13, 2025 - 08:27
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Renew Economy
Tuesday, May 13, 2025 - 08:24
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MacroBusiness
Tuesday, May 13, 2025 - 08:00
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Melbourne’s population has expanded by around 2 million people this century. Melbourne’s population is projected to grow by another 3.5 million during the next 31 years, reaching 9.0 million by 2056. This implies that Melbourne will add 5.5 million people in just 56 years. All Melburnians have felt the negative consequences of this population explosion. The post Melbourne’s transformation into Hellbourne appeared first on MacroBusiness. |
Your Democracy
Tuesday, May 13, 2025 - 07:23
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Russia is determined to find a long-term solution to the Ukraine conflict but will not allow itself to be spoken to in the “language of ultimatums,” Kremlin spokesman Dmitry Peskov told journalists on Monday. |
Your Democracy
Tuesday, May 13, 2025 - 06:42
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Four years ago, a fresh-faced Max Chandler-Mather spoke passionately about his '18-year plan for a Greens government'. The former union organiser and Greens firebrand said his ambitious plot relied on a simple equation: you get one vote for every three meaningful conversations you have with Australian voters. |