MacroBusiness
Monday, September 22, 2025 - 09:00
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From the Market Ear: Déjà Vu All Over Again Markets are roaring, but the setup is eerily familiar. A 35% global rally, AI mania at hedge-fund extremes, and S&P concentration at record highs. History warns: every time RSI held this long, stocks fell two weeks later. The market set-up screams that there finally will be The post Markets are roaring, but the setup is eerily familiar appeared first on MacroBusiness. |
MacroBusiness
Monday, September 22, 2025 - 08:30
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One of the major themes of MB over the past decade has been the emergence of fake politics. On the one hand, the old, real left abandoned its vision to fight the inequities of class. In its place rose the fake left, fixated on the culture wars of race, gender and identity issues. Its driving The post World War Fake upon us appeared first on MacroBusiness. |
MacroBusiness
Monday, September 22, 2025 - 08:00
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Australia’s housing market is on the verge of a boom. The weekend’s preliminary auction clearance rate surged to 77.9% across the combined capital cities, which was the strongest result since the last week of October in 2021. Melbourne’s preliminary clearance rate was 78.6%, which was the strongest result since the week ending 24 October 2021. The post Australian house prices bubble up appeared first on MacroBusiness. |
Renew Economy
Monday, September 22, 2025 - 06:34
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Your Democracy
Monday, September 22, 2025 - 06:33
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John Menadue argues it is time for Australia to separate itself from US policy and preparations to confront China militarily. |
Your Democracy
Monday, September 22, 2025 - 05:55
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When you see me refusing to play along with the campaign to canonise Charlie Kirk or respect the emotional hysteria around his killing, this is the main reason why. It’s amazing how aggressively free speech in the United States is being torn apart in the wake of the Charlie Kirk killing.
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John Quiggin
Monday, September 22, 2025 - 05:47
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The Tasmania Plannning Commission has recommended against the proposed Hobart AFL stadium, with a relentless demolition of the economic case put forward by the proponents and their consultant KPMG. You can read their report here , or my own earlier analysis below A couple of observations on this. |
John Quiggin
Monday, September 22, 2025 - 05:06
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Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. |
Your Democracy
Monday, September 22, 2025 - 04:44
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The UK, Canada and Australia have formally recognized the State of Palestine. The move comes as more than 140 world leaders are preparing to attend the annual United Nations General Assembly summit in New York next week, which will be dominated by questions regarding the region. |
MacroBusiness
Monday, September 22, 2025 - 00:05
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Cotality (formerly CoreLogic) estimated that rental payments were chewing up a record 33% share of household income at the end of last year. Cotality’s June quarter Rental Review estimated that weekly rents nationally have increased by $200 (43%) over the past five years, meaning that the median Australian tenant is now paying an extra $10,350 The post Lower immigration means lower rental growth appeared first on MacroBusiness. |
Renew Economy
Sunday, September 21, 2025 - 21:27
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Your Democracy
Sunday, September 21, 2025 - 21:16
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Our civilisation is weird… Most places on earth have now been under the influence of the Western way to “do things”… As such, we and the entire human species, are trouble — and in deep trouble. We do not see it yet, because we are lied to. There are often characteristics at which any system will collapse, get out of balance, or jump off the road and fall into the ravine — for going too fast. And we are going too fast.
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MacroBusiness
Sunday, September 21, 2025 - 18:23
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By Lucinda Jerogin, Associate Economist at CBA The unemployment rate held steady at 4.2% in August. Australia’s population rose by 0.5% in Q1 25 to 27.5 million people. The annual growth rate eased to 1.6%. Offshore, the US Fed Reserve took centre stage cutting the funds rate by 25bp as was widely expected. The BoC The post The economic week ahead appeared first on MacroBusiness. |
Your Democracy
Sunday, September 21, 2025 - 16:19
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MOSCOW (Sputnik) - Vietnamese singer Duc Phuc wins the Intervision International Music Contest, said Russian jury member Igor Matvienko. "Duc Phuc, Vietnam, won," Matvienko said, announcing the results. Kyrgyzstan and Qatar took second and third place. The jury did not rate Russia's Yaroslav Dronov (Shaman) at his request, a Sputnik correspondent reported. |
Renew Economy
Sunday, September 21, 2025 - 14:59
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THE BLOT REPORT
Sunday, September 21, 2025 - 11:55
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Many years ago, acquaintances of ours, Peter and Ria Gill, owned a restaurant, Peaches1,2, in the Canberra suburb of Campbell and we would occasionally dine there. The food was wonderful and the wine list was spectacular. |
Your Democracy
Sunday, September 21, 2025 - 09:46
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Keith Kellogg, President Trump’s special envoy for Ukraine, had strong words for Russia at a conference held in Ukraine, saying that the US could “kick Russia’s ass,” Remix News has reported. |
Renew Economy
Sunday, September 21, 2025 - 07:50
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Your Democracy
Sunday, September 21, 2025 - 05:55
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The US, UK and other Western nations that continue to supply weapons to West Jerusalem are equally responsible for the Israeli “genocide” in Gaza, Roger Waters, British rock legend and co-founder of the band Pink Floyd, has said. |
Club Troppo
Saturday, September 20, 2025 - 22:28
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You might have seen the picture above. It’s the Tacoma Narrows bridge which collapsed a few weeks after being built. Why? Well what you can see here is the perturbations from the wind being amplified by the suspension system on … Continue reading → |
Renew Economy
Saturday, September 20, 2025 - 14:43
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Your Democracy
Saturday, September 20, 2025 - 06:44
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The World Bank’s Reboot Development report has belatedly confirmed what scientists have warned for decades: humanity is breaching the safe operating limits of the Earth. Air, water, forests and oceans, the very foundations of life are unravelling under the pressure of unrestrained growth. Six of nine planetary boundaries have already been crossed.
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Your Democracy
Saturday, September 20, 2025 - 05:55
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Thousands of people in central Berlin were ordered to evacuate on Thursday evening after an unexploded World War II bomb was discovered in the Spree River. Police set up a security perimeter of 500 meters in a densely populated area in the center of the German capital. |
MacroBusiness
Saturday, September 20, 2025 - 00:10
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This week, Cotality released data, based on around 97,000 resales, showing that 94.8% of sellers made a nominal profit across Australia in Q2 2025. The median profit on sale also hit a record high of $315,000, up from $305,000 in the previous quarter. New South Wales, which is home to the nation’s most expensive homes, The post Aussies cash in on house price boom appeared first on MacroBusiness. |
MacroBusiness
Saturday, September 20, 2025 - 00:05
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International Reading: Thousands of people are cancelling their Disney, Hulu, and ESPN subscriptions! – AZ Central TikTok To Be Sold To Trump’s Right Wing Billionaire Buddies And Converted Into A Propaganda Mill – Tech Dirt Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding The post Weekend reading and MB media appearances appeared first on MacroBusiness. |
MacroBusiness
Friday, September 19, 2025 - 16:18
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Queenscliff sunrise 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: 19 September 2025 appeared first on MacroBusiness. |
Renew Economy
Friday, September 19, 2025 - 14:15
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MacroBusiness
Friday, September 19, 2025 - 14:00
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On Thursday, Stats NZ released the Q2 national accounts, which revealed a sharper-than-expected decline in real GDP. New Zealand’s GDP declined 0.9% in the June 2025 quarter and was down 1.1% year over year. For the third consecutive quarter, annual GDP fell. The following chart from Justin Fabo from Antipodean Macro shows that New Zealand’s The post Reserve Bank poised to slash rates appeared first on MacroBusiness. |
Renew Economy
Friday, September 19, 2025 - 13:44
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MacroBusiness
Friday, September 19, 2025 - 13:30
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With the release of the latest national accounts data showing that household consumption had grown by 0.9% in inflation-adjusted terms and the ABS Household Spending Indicator showing spending up by 0.5% MoM in July and up 5.1% YoY, some are questioning whether rate cuts are working. Before we get into the numbers detailing how rate The post Are rate cuts working? appeared first on MacroBusiness. |