Blogotariat

Elderly parent visas are Australia’s most costly and should be abolished. Around 8,500 permanent parent visas are issued every year. The 2023 Migration Review from the Australian Treasury estimated that each parent visa costs Australian taxpayers $393,000: The Treasury has estimated that each parent permanent migrant costs $393,000 over their remaining lifetime in Australia. Older

The latest polling from Resolve Political Monitor shows Labor leading the Coalition 53% to 47% in two-party terms. Anthony Albanese also leads Peter Dutton by 47% to 31% as preferred Prime Minister. However, Resolve notes that Labor’s primary vote “remains weaker than it was at the last election, down from 32.6% to 3%, highlighting the

The post Peter Dutton prays for an election miracle appeared first on MacroBusiness.

The ferrous complex is not well. As the trade shock begins. Morgan Stanley. Our Asia Economists see China’s 2Q GDP growth tracking below 4.5% Y/Y (vs. 5.4% Y/Y in1Q) as more hard data points are showing that tariffs are affecting activity: container throughput is declining, freight shipping prices to the US are slumping, and China’s

The post Iron ore at the edge appeared first on MacroBusiness.

The Market Ear on diving US leading indicators.    Post crisis lows VIX at the lowest levels since the early April panic. Note the aggressive VVIX implosion, as well as the latest little bid in VVIX. Volatility is not dirt cheap, but early long volatility positions/hedges are starting to screen attractive again. Our full volatility

The post Here comes the recession appeared first on MacroBusiness.

DXY struggles on. AUD is holding support. Lead boots plod on. Oil is pointing the way for growth. Metals meh. Mining meh. EM meh. Junk has entered autobid as equities rise. And yields fall. VIX down means stocks up with robots. Deutsche says DXY is stuffed. DB tracks two near real-time measures of US capital

The post Australian dollar rides greenback revulsion appeared first on MacroBusiness.

New analysis challenges the perception that businesses are universally opposed to climate policy in Australia. Rather, it's a small but loud minority.

How I’ll be voting this election and why.

It’s not often that we get the chance to directly influence the manner in which the Australian Government deals with a continuing genocide.

With that, I thought I’d give you a rundown on what will guide my vote, and how I’ll be voting in the Senate.

To start with, let’s look at the major parties, and their current positions on the genocide.

Essential Guide: Choosing the Perfect Payroll and Super Processing System for Your Business

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