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MacroBusiness Wednesday, April 9, 2025 - 12:00 Source

Justin Fabo from Antipodean Macro has published interesting charts showing how Australians continue to pay some of the highest mortgage rates in the world. The first chart shows that Australian mortgage rates on new home loans are the second-highest in the advanced world, behind those of the United States. Australia also has the equal highest

The post Aussie mortgage holders pine for rate cuts appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 9, 2025 - 11:30 Source

I appear to have written Peter Dutton’s gas policy, and what a Bobby Dazzler it is! Peter Dutton says the Coalition’s gas policy forcing LNG exporters to increase onshore supply and ­decoupling local prices from ­overseas markets will reduce wholesale prices by 23%, slash industrial retail gas bills by 15% and cut 7% from household

The post Dutton’s gas reservation modelling adds up appeared first on MacroBusiness.

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Your Democracy Wednesday, April 9, 2025 - 11:22 Source

In the US, the freshly installed administration of President Donald Trump is attempting to drastically reshape science. Here we focus on interventions that are relevant to epidemiology and public health.

These include: (i) restricting or eliminating access to health data; (ii) dictating what kinds of research can be conducted; (iii) cutting ties with international health bodies; and (iv) firing early-career researchers.

 

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MacroBusiness Wednesday, April 9, 2025 - 11:00 Source

East Coast Australia has doubled its gas production over the past decade, yet the domestic market has been supplied with 25% less gas. Part of this decline in domestic gas use reflects demand destruction: the tripling of prices has caused manufacturers to shutter and reduced consumption. Despite being a major exporter, East Coast Australia now

The post Australian gas must be for Australians first appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 9, 2025 - 10:30 Source

Out with the new and in with the newer at the Lunatic RBA. Somebody has to be sacked. The Lunatic RBA has starved the pig for market day. There is no excuse for it. It’s been obvious for six months that inflation is beaten, yet it refused to budge. Now, we have a private-sector economy

The post Lunatic RBA starved the pig for market day appeared first on MacroBusiness.

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Renew Economy Wednesday, April 9, 2025 - 10:02 Source
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The Tally Room Wednesday, April 9, 2025 - 10:00 Source

From one election to the next, the swings back and forth of Australian politics can look cyclical – that things start and end in the same place. But when you widen the time frame, things look different. Over time, some place move from being safe seats to marginal seats, or even from being safe seats for one major party to the other major party.

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MacroBusiness Wednesday, April 9, 2025 - 10:00 Source

The latest data from the Department of Education shows that a record 1.095 million international students were enrolled in Australia at the end of 2024. This was up by around 150,000 from the pre-COVID peak in 2019 and around 500,000 higher than a decade ago. It is astounding how a media outlet such as The Guardian

The post The Guardian lies again on rental crisis appeared first on MacroBusiness.

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xkcd.com Wednesday, April 9, 2025 - 10:00 Source

 Success! You have dismissed a head of the Notification Hydra!

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Your Democracy Wednesday, April 9, 2025 - 09:54 Source

 

President Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House on Monday and reaffirmed their desire for the ethnic cleansing of Gaza, both claiming that there are other countries willing to take in the Palestinian population.

 

Trump and Netanyahu Reaffirm Their Vision for the Ethnic Cleansing of Gaza

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Your Democracy Wednesday, April 9, 2025 - 09:50 Source
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MacroBusiness Wednesday, April 9, 2025 - 09:30 Source

The Market Ear on the extreme bear. Equities S&P 500 decline has been more severe than the median bear market at this point in a sell-off. Source: Morgan Stanley 9th worst Weekly performance for the S&P 500 since WWII – last week’s decline (-9.1%) was the 9th worst. Source: Deutsche Bank In terms of sectors

The post The one thing that can stop Donald Trump appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 9, 2025 - 09:00 Source

Another ugly night on Wall Street that started out as a lovely time had by all as equity markets across both sides of the Atlantic rebounded on hope that everything is going to be ok. But that was a lie as the Fanta Fuhrer again spoilt the party after first suggesting a delay in new

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Wednesday, April 9, 2025 - 08:55 Source

Today, there is still a lot of racism in the media and in society. We face serious human rights issues, including the removal of children from their mothers, the high incarceration rates of Aboriginal people, particularly children and young people, in conditions that are very inhumane.

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Renew Economy Wednesday, April 9, 2025 - 08:55 Source
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Renew Economy Wednesday, April 9, 2025 - 08:50 Source
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WixxyLeaks Wednesday, April 9, 2025 - 08:09 Source

Has Labor done a dodgy deal with the Liberals in Macnamara, or is it just another a case of another Tory in Labor clothing?

“Fighting Tories. That’s what I do.”

Famous words of current Prime Minister Anthony Albanese.

A dozen or so years later and that heartfelt statement seems a distant memory.

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Renew Economy Wednesday, April 9, 2025 - 07:02 Source
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MacroBusiness Wednesday, April 9, 2025 - 06:56 Source

DXY is hanging in there. AUD is not. As lead boots turn to concrete shoes. Commodities are the screaming meteor of death. Landing on big miners. EM lol. The junk skunk! Uh oh, Treasuries are selling with everything else…hello, Liz Truss moment. Stocks whoa. Here is your new world order chart with Trump’s 50% increase

The post Australian dollar nightmare appeared first on MacroBusiness.

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Renew Economy Wednesday, April 9, 2025 - 06:43 Source
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Your Democracy Wednesday, April 9, 2025 - 06:42 Source

The White House Press Secretary Karoline Leavitt has said that "boys will be boys" after Elon Musk took to X to call Peter Navarro, a long-time aide to Donald Trump, a "moron" who is "dumber than a sack of bricks."

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Your Democracy Wednesday, April 9, 2025 - 06:15 Source

https://www.youtube.com/watch?v=6PrqQ7NJ30k

The West Is DESPERATE For A Ceasefire In Ukraine. But Why?

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

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MacroBusiness Wednesday, April 9, 2025 - 00:02 Source

Tom Elliott from Radio 3AW outlined multiple reasons why he believes Australian home prices will boom amid the fallout from the Trump administration’s trade war. First, Elliott argued that the share market rout is likely to see a flight to the perceived safe haven of property. “When the share market gets the wobbles as it

The post Australian house prices tipped to boom! appeared first on MacroBusiness.

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Your Democracy Tuesday, April 8, 2025 - 22:47 Source

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Your Democracy Tuesday, April 8, 2025 - 21:12 Source

Morrison intervened in Australia Post awarding 4 watches but did absolutely nothing to stop Communist China taking over the military port of Darwin for an entire century. 

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Renew Economy Tuesday, April 8, 2025 - 18:33 Source
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Renew Economy Tuesday, April 8, 2025 - 17:04 Source
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MacroBusiness Tuesday, April 8, 2025 - 16:30 Source

Everything is awesome again as Asian share markets rebound following a fake news rally on Wall Street overnight but looking through the bounceback its more than apparent that everything remains decidedly on edge, particularly with the growing trade war between China and the US. The USD lost ground against all the majors in the correlated

The post Macro Afternoon appeared first on MacroBusiness.

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Cheeseburger Gothic Tuesday, April 8, 2025 - 16:27 Source

My bachelor holiday was rudely interrupted by surgery this morning, the excision of the sneaky little melanoma that decided to set up shop on my left cheek.

Quite a bit more cutting and sewing than normal. 81 stitches by the time my dermo was finished. The chicks are gonna dig this scar, let me tell you.

I had all these big plans to come home and crank out some words, because I’m a hard nut. Or maybe just a nut.

But I took a few pain killers and fell asleep instead.

Oh well, maybe tomorrow.

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Your Democracy Tuesday, April 8, 2025 - 15:59 Source

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