Blogotariat

Forget the fog of war. Even in war, and sometimes especially in war, some things are exceedingly clear. Regarding the so-called ‘Hamas-Israel War’, for instance, it is obvious that in reality it is not a war at all but a genocide, namely the Gaza Genocide, carried out by Israel against the Palestinians whose unbroken resistance will be the stuff of legends, and of history too.

During the Albanese government’s first term, one of the main policy focuses was on public housing. Throughout much of the second half of the government’s first term, various public housing-related policies were major bones of contention, most notably the Housing Australia Future Fund or HAFF. The HAFF provided the Albanese government with a striking headline

The post Albo’s public housing train wreck appeared first on MacroBusiness.

In 1992, I went to Russia and Kazakhstan on what was supposed to be an Australia-USSR science agreement exchange program visit (the USSR had ceased to exist at this time, so the Australian government paid for the whole trip). A Russian researcher had come to Australia to work with one of my colleagues and me in 1990. We had moved into a new house a week before I hopped on the plane to Moscow, leaving behind my partner and our two little boys aged 6 and 3. I took a couple of books to read in what I suspected would be a fair bit of down-time.

Late on Monday, the AEC transitioned the election results website to its final archive form. You can now find the results at results.aec.gov.au, and the previous link no longer works.

There is probably enough fresh data to fuel a whole week of blog posts. I am planning to return to the question of the national 2PP and 2PP preference flows by party, as well as some deeper analysis of the 3CP trends across the country.

For this post, I am going to focus on close races, in particular those involving independents against the major parties.

Merri-bek City Council in Melbourne has become a leader in grassroots energy transition, taking a hands-on, human-centred approach to helping residents electrify their homes and cut emissions.

Major LNG exporters Qatar and the United Arab Emirates rely on passage through the Strait of Hormuz to supply Asian markets. However, Iran has threatened to block the strait, prompting concerns about a possible spike in LNG prices, along with supply worries. However, Federal Resources Minister Madeleine King has sought to assure domestic gas users

The post Labor cannot be trusted on gas appeared first on MacroBusiness.

Net overseas migration is undoubtedly the most significant driver of housing demand in Australia. Australia’s population grew by 445,900 in 2024 (equivalent to a Canberra), driven by net overseas migration of 340,600. Net overseas migration remained above the pre-pandemic peak of 315,700 in Q4 2008, accounting for 76% of total population growth. Another overlooked factor

S&P with the report. Flash Australia PMI Composite Output Index(1): 51.2 (May: 50.5). 3-month high. Flash Australia Services PMI Business Activity Index(2): 51.3 (May: 50.6). 3-month high. Flash Australia Manufacturing Output Index(3): 50.4 (May: 49.8). 2-month high. Flash Australia Manufacturing PMI (4): 51.0 (May: 51.0). Growth in new work was notably driven by domestic clients

Macquarie's Eku Energy is expanding into New Zealand with the purchase of a battery storage project in the Waikato region.

Federal government says plans to run 833km gas pipeline from southern Queensland to Newcastle will not have any significant impact on the environment.

In the debate surrounding the so-called “Mortgage Cliff” and the impact of inflation and higher interest rates on households, the possibility of a strong rise in mortgage arrears has been written off in many quarters. Yet with the release of the latest Residential Mortgage Backed Security (RMBS) data from ratings agency Fitch, that is exactly

The post Mortgages arrears surge to decade highs appeared first on MacroBusiness.

Victoria’s economy has become a national disaster. The Australian Bureau of Statistics’ (ABS) annual state accounts for 2023-24 revealed that Victoria’s per capita GDP fell by 1.2% annually and has only increased by 10.4% since the Global Financial Crisis (GFC) in 2008. Victoria’s growth compares poorly against the 1.0% national decline in per capita GDP in

The post Victoria’s economy is gravely ill appeared first on MacroBusiness.

The ferrous complex is hardly inspiring confidence. Steel output cuts should eventually force more price weakness upstream to iron ore. Meanwhile, Goldman has finally cottoned on to the structural nature of the Chinese property crash. It is forever. Gauging China’s new urban housing demand: In a recent comprehensive update, we re-examine China’s underlying demand for

The post China’s thousand year property crash appeared first on MacroBusiness.