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Cheeseburger Gothic Wednesday, October 1, 2025 - 15:28 Source

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MacroBusiness Wednesday, October 1, 2025 - 14:00 Source

Following the release of the ABS monthly inflation data for August, the outlook for interest rates held by various banks changed in a matter of hours. The figures showed that annual headline inflation rose to 3.0%, up from 2.8% in July, hitting the top end of the RBA’s target band for the first time since

The post Recession, rate cuts and the Reserve Bank appeared first on MacroBusiness.

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Renew Economy Wednesday, October 1, 2025 - 13:49 Source
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MacroBusiness Wednesday, October 1, 2025 - 13:00 Source

The entire taxation arrangement around electric vehicles (EVs) is a reverse Robin Hood scenario, as it takes taxes from the poor to give to the rich. Michael Read at The AFR reported that the cost of the Fringe Benefits Tax (FBT) exemption for EVs has “blown out thirteenfold, and the benefits are disproportionately flowing to

The post Australians pay for bottomless EV subsidies appeared first on MacroBusiness.

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Renew Economy Wednesday, October 1, 2025 - 12:58 Source
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MacroBusiness Wednesday, October 1, 2025 - 12:00 Source

Analysis from the OECD, published in The AFR, shows that Australia ranks second-last among wealthy nations in terms of productivity growth since the COVID-19 pandemic. EY’s chief economist, Cherelle Murphy, says the decline is partly attributable to “capital shallowing”—the fact that local companies are not investing enough capital in new equipment to match the growth

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Renew Economy Wednesday, October 1, 2025 - 11:54 Source

Gladstone coal power station Queensland small iStock-1462105369

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MacroBusiness Wednesday, October 1, 2025 - 11:30 Source

The concept of fairness plays a crucial role in shaping the collective consciousness of Australians and shaping our national identity. From the days of Simpson and his donkey delivering wounded diggers to safety from the fires of the Ottoman guns at Gallipoli over a century ago to the present day, much of how our nation

The post Australia – The exploitation nation appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 1, 2025 - 11:00 Source

Everything I have written about Australia’s student-migration scam has been confirmed by the latest study on the international education sector by Jobs & Skills Australia (JSA). JSA openly acknowledged that most international students come to Australia primarily to work and live, rather than for educational purposes. Nearly 70% of international higher education students reported migration

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Renew Economy Wednesday, October 1, 2025 - 10:58 Source
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Your Democracy Wednesday, October 1, 2025 - 10:49 Source

 

New Eastern Outlook met with Inga Koryagina, Director of International Development at the Directorate of the World Public Summit, PhD in History, Associate Professor of the Department of Marketing at the Plekhanov University of Economics, International Development expert at the UNDP, and Director of International Development at the Russian-African Club of Moscow State University.

Read more in our exclusive interview.

 

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MacroBusiness Wednesday, October 1, 2025 - 10:30 Source

Following the release of the monthly CPI for August, headlines about skyrocketing electricity prices began to circulate, highlighting the 24.6% year-on-year increase in electricity costs. While that is certainly true as measured by the CPI, the reality is quite a bit more complicated, and the headline rise in power prices is going to worsen significantly

The post Rocketing electricity prices and the CPI appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 1, 2025 - 10:00 Source

In the early 2010s, the federal Labor government made the disastrous decision to allow the export of liquefied natural gas (LNG) from Queensland without forcing gas companies to first supply Australians. Gary Grey, the then-Federal Resources Minister under the Gillard/Rudd Labor governments, argued that domestic gas reserve policies create uncertainty and discourage investment. This pitted

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xkcd.com Wednesday, October 1, 2025 - 10:00 Source

"Measure zero times, cut zero times." --carpenter who has achieved enlightenment and realized the wood is fine where it is

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Renew Economy Wednesday, October 1, 2025 - 09:59 Source
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Renew Economy Wednesday, October 1, 2025 - 09:20 Source
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MacroBusiness Wednesday, October 1, 2025 - 09:00 Source

From the Market Ear: Mighty NVDA NVDA takes out resistance levels, breaking above the consolidation that has been in place since mid July. Weak hands have been shaken out, so we could be seeing a short-term vacuum kick in… Will… …NVDA lead us higher, or ORCL lower? De-leveraging Last week we saw US Fundamental L/S

The post Mighty Nvidia melts up as FOMO builds appeared first on MacroBusiness.

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Your Democracy Wednesday, October 1, 2025 - 08:27 Source

The US must prepare for war, Secretary of Defense [OF WAR] Pete Hegseth has told a gathering of senior military commanders. He called it a matter of utmost urgency but did not name any specific adversaries America could face in the near future.

The Pentagon has recently completed two major policy reviews, one of which was a new National Defense Strategy that shifts priorities from China to homeland security and the Western Hemisphere.

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MacroBusiness Wednesday, October 1, 2025 - 08:00 Source

On Tuesday, the Australian Bureau of Statistics (ABS) released dwelling approvals data for July, which showed 15,624 trend approvals for the month, down 1.0% from July. Approvals remained 4,376 (22%) behind the National Housing Accord’s five-year objective of 20,000 dwellings per month. In the year to August, 189,105 dwellings were approved for construction, which was

The post Labor’s housing target collapses into dust appeared first on MacroBusiness.

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Renew Economy Wednesday, October 1, 2025 - 07:56 Source
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Renew Economy Wednesday, October 1, 2025 - 07:00 Source
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Your Democracy Wednesday, October 1, 2025 - 06:27 Source

One critic noted Trump’s plan for Gaza “contains numerous opportunities for Netanyahu to renege on his commitments, as he has repeatedly done in the past".

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Your Democracy Wednesday, October 1, 2025 - 05:55 Source

 

Department of Energy adds three new words to its 'banned' listStaffers at the Office of Energy Efficiency and Renewable Energy received an email last week announcing that several words have now been banned from their official terminology

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Your Democracy Wednesday, October 1, 2025 - 05:25 Source

Western Europe must keep sending billions in aid to Ukraine even if it comes at the expense of health services and education provision to citizens, former NATO Secretary General and current Norwegian Finance Minister Jens Stoltenberg, has said.

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MacroBusiness Wednesday, October 1, 2025 - 00:05 Source

Cotality has released its September housing market report, which contains more bad news for renters. The national rental vacancy rate has fallen to a fresh record low of only 1.4%, according to Cotality, which has driven a reacceleration in rental growth. “The national vacancy rate slipped to a new record low of 1.4% in September,

The post Aussie rental vacancy rate plunges to record low appeared first on MacroBusiness.

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Renew Economy Tuesday, September 30, 2025 - 21:15 Source

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Your Democracy Tuesday, September 30, 2025 - 20:52 Source

Can governments keep their sovereignty without becoming innovation-stifling totalitarians? And on the other hand, are the tech feudalists willing to provide innovative digital infrastructure without eating into state sovereignty and freedoms?

 

Non-State Actors, Techno-feudalism, and Governments’ Dependency Syndrome

BY Tamer Mansour

 

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MacroBusiness Tuesday, September 30, 2025 - 18:02 Source

  AUD/USD   EUR/USD   USD/JPY   GBP/USD Gold WTI Brent Australia 200   US S&P 500 UK 100 Japan 225

The post Macro Afternoon: 30 September 2025 appeared first on MacroBusiness.

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Renew Economy Tuesday, September 30, 2025 - 17:32 Source
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Cheeseburger Gothic Tuesday, September 30, 2025 - 16:45 Source

You will have to walk down the hill in the hot sun and pay a strange man four and a half thousand dollars.

It sucks.

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