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MacroBusiness Tuesday, April 15, 2025 - 12:30 Source

So says Labor legend Jenny George. The Australian. Regular warnings about gas shortages in Victoria are troubling. Despite its opposition to fossil fuels and having the highest renewables targets, Victoria is considering importing gas, under­written by the public, at an estimated cost upwards of $20 a giga­joule. It makes no sense. Market failure is the

The post Dutton’s gas plan must be bipartisan appeared first on MacroBusiness.

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Renew Economy Tuesday, April 15, 2025 - 12:20 Source
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MacroBusiness Tuesday, April 15, 2025 - 12:00 Source

On Monday, I spoke to Ben Davis on Brisbane Radio 4BC Mornings to unpack the housing policies announced by Labor and the Coalition over the weekend. I described these as “some of the worst policy making I’ve seen in my 47 years of life”. I added that Australian “households are among the most indebted in

The post Pick your housing poison appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 15, 2025 - 11:30 Source

The ferrous market is not strong. Data is all over the place. We’ve had strong Chinese credit, but much of it is debt swaps with only marginal growth impact. Goldman. March total social financing (TSF) flows and new RMB loans came in above market expectations, mainly due to strong expansion of short-term corporate loans. Government

The post Iron ore dances on a pin appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 15, 2025 - 11:00 Source

Kevin You, Senior Fellow at the Institute of Public Affairs, published research on the record boom in international students and temporary migrants. Dr You noted that there were a record 111,740 net permanent and long-term arrivals into Australia in February 2025, a daily average of 3,991. “That’s approximately 3 arrivals a minute on a net

The post India drives unprecedented international student boom appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 15, 2025 - 10:30 Source

Steve Austin from ABC Radio Brisbane interviewed me about the Greens’ housing spokesman Max Chandler-Mather’s claim that immigration does not negatively impact housing affordability. Chandler-Mather told Austin that targeting migrants was “scapegoating”: “We think that’s scapegoating a group that’s not responsible for the crisis. There’s a good study out now that demonstrates that international students

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Your Democracy Tuesday, April 15, 2025 - 10:12 Source

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MacroBusiness Tuesday, April 15, 2025 - 10:00 Source

The Market Ear on the great flush. No one’s in Positioning is wrecked, volatility just snapped lower, and risk appetite has fallen off a cliff. But with buybacks set to return, vol-control exhaustion kicking in, and sentiment at extreme lows, the stage might be quietly set for a rebound no one’s ready for. Zooming out

The post Markets flushed appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 15, 2025 - 09:30 Source

DXY is at critical support. AUD is a bipolar maniac. Concrete boots are hanging in. Gold and oil came off. The copper market is wrecked. Mining bear market rock solid. EM bounce. Junk off the worst. Yields eased, doubtless on the Fed’s calming words Friday. Stocks firmed. Now what? DXY is unhinged from Treasuries. While

The post Australian dollar turns bipolar maniac appeared first on MacroBusiness.

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Your Democracy Tuesday, April 15, 2025 - 09:06 Source

 

Whoever is an aspiring Marian Christian like the writer obviously has in his heart a deep devotion to Saint Pio of Pietrelcina who in his diary made a bitter prophetic statement about the “Christian Homeland” which unfortunately turned out to be spot on…

 

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MacroBusiness Tuesday, April 15, 2025 - 09:00 Source

Risk sentiment is slowly lifting and stock volatility moving lower but all eyes must remain on global bond markets and the USD as the big shift is happening beyond the equity market headlines. The short covering rally on Wall Street could continue for a little longer but USD is still slowly losing its reserve currency

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Tuesday, April 15, 2025 - 08:53 Source

Minister for Energy Angus Taylor during Question Time in the House of Representatives at Parliament House in Canberra.</body></html>

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Renew Economy Tuesday, April 15, 2025 - 08:51 Source
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Renew Economy Tuesday, April 15, 2025 - 07:43 Source
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Your Democracy Tuesday, April 15, 2025 - 06:39 Source

Gas is the talk of the town, while nuclear is not, but a massive increase in solar power generation capacity has already put Australia on the fast track to a 100% renewable energy future. Solar cell engineer Andrew Blakers explains.

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Your Democracy Tuesday, April 15, 2025 - 05:04 Source

TOON TO COME

Ukraine’s Vladimir Zelensky should never have started a war with Russia, US President Donald Trump has said.

In a press conference alongside El Salvador’s President Nayib Bukele in the Oval Office on Monday, Trump commented on Zelensky’s recent offer to finance $15 billion worth of Patriot air defense batteries with the aid of Kiev’s European backers.

“He’s always looking to purchase missiles,” the US presided noted.

 

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George Monbiot Tuesday, April 15, 2025 - 04:03 Source

It’s a cast-iron relationship: the more unequal a society becomes, the better the far right does. Here’s why.

By George Monbiot, published in the Guardian  13th April 2025

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MacroBusiness Tuesday, April 15, 2025 - 00:05 Source

I have warned repeatedly that Australian housing affordability will not improve by blanketing our cities with high-rise apartments, as planned by state and federal governments. The reason is simple: it costs too much to build apartments. Therefore, they cannot be delivered at an affordable price to buyers. The exorbitant cost of apartment construction was highlighted

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Your Democracy Monday, April 14, 2025 - 23:00 Source

The American Empire is still fighting to be top dog — especially under Trump, who has inherited a declining empire from the Democrats… Some “democrat”-inclined people are still saying that the economy under Biden was solid, but in fact “Bidenomics” were on the skids, due to the increasingly unmanageable HUGE deficit being used to “finance the cushions”… 

Joining too many dots, mainly Jewish….

 

BY GUS LEONISKY

 

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Your Democracy Monday, April 14, 2025 - 18:24 Source

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Renew Economy Monday, April 14, 2025 - 17:42 Source

Finley solar farm

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Your Democracy Monday, April 14, 2025 - 16:45 Source

Mark Rutte has expressed concern regarding Russia’s space capabilities and warned that Russia might be trying to send nuclear weapons in space. Also, Bundeswehr Inspector General Carsten Breuer has stated that Russia might be ready to attack NATO by 2029 and he urged the Bundeswehr to prepare.

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MacroBusiness Monday, April 14, 2025 - 16:30 Source

Finally a relatively non-volatile trading session today although the newsflow remains weird with more Trumpian two-steps around tariffs on Chinese goods, while all eyes remain on the canary in the mine – the bond markets. The USD is still slowly weakening as it loses its reserve currency status with almost all the majors including gold

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Monday, April 14, 2025 - 15:45 Source
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Renew Economy Monday, April 14, 2025 - 15:32 Source
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Renew Economy Monday, April 14, 2025 - 15:00 Source
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MacroBusiness Monday, April 14, 2025 - 15:00 Source

An oft-repeated mantra from the Trump regime is that tariffs in Trump’s first term barely affected inflation. Which is true. But the inflation environment was very different. The latest inflation data was out at the end of last week, and while it may have beaten expectations, it is not the type of inflation numbers that

The post US Inflation: Big fall in travel-related services appeared first on MacroBusiness.

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Renew Economy Monday, April 14, 2025 - 14:26 Source
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Your Democracy Monday, April 14, 2025 - 13:49 Source

MOSCOW (Sputnik) On April 2, Trump signed an executive order introducing "reciprocal" tariffs on imports from other countries. The baseline rate was set at 10%, while dozens of countries were hit with higher rates. The duties on most countries were reversed to 10% days later to allow for trade negotiations, while those on China were hiked to 145%.

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MacroBusiness Monday, April 14, 2025 - 13:30 Source

The Trump administration’s “Liberation Day” tariffs have inflicted pain on the Australian dollar. At the close of business Friday, the Australian dollar was trading at just under 62 US cents, up from its multi-year low of 59.75 cents. The trade-weighted index (TWI), which measures the value of the Australian dollar relative to its most important

The post The great Aussie dollar crash appeared first on MacroBusiness.

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