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Oz Blog News Commentary
MacroBusiness Monday, September 29, 2025 - 11:00 Source

Australia’s housing market is experiencing a strong upswing. According to Cotality, last week’s national final auction clearance rate increased to 71.6%, the highest result for capital cities since early June 2023 (73.1%). It was also the third time in five weeks that the final clearance rate was above 70%. As shown in the chart below,

The post FOMO sends house prices into orbit appeared first on MacroBusiness.

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MacroBusiness Monday, September 29, 2025 - 10:30 Source

The ferrous market is beginning to teeter as the steel glut grows and more countries get angry about it. Prices cracked lower Friday: The problem is relentless Chinese overproduction despite weak margins It is unheard of for the year to end with sufficient inventory to render the new year’s restock moot, but that is where we are

The post Iron ore glut grows appeared first on MacroBusiness.

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MacroBusiness Monday, September 29, 2025 - 10:00 Source

China accounted for nearly one-third (31.5%) of global carbon emissions in 2023. China alone also accounted for 67% of the rise in the world’s carbon emissions between 2000 and 2023. This month, the Albanese government announced that Australia, which only accounts for around 1% of global emissions, will reduce emissions by more than 62% and

The post China plays the West for fools on climate change appeared first on MacroBusiness.

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xkcd.com Monday, September 29, 2025 - 10:00 Source

I'm trying to share my footage of the full run to prove it's not tool-assisted, but the uploader has problems with video lengths of more than a decade.

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The Tally Room Monday, September 29, 2025 - 09:30 Source

Today’s blog post is inspired by a strange opinion piece in the Nine papers yesterday by former federal Liberal Attorney-General George Brandis.

Brandis’ piece (in addition to incorrectly stating that the last increase in the size of parliament was in 1987) makes two main claims about political advantages for Labor and the Greens in the expansion of parliament:

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MacroBusiness Monday, September 29, 2025 - 09:00 Source

From the Market Ear: Tiny tech bubble feelings “…vendor financing was a feature of that era and when when the telecom equipment makers (Cisco, Lucent, Nortel, etc.) extended loans, equity investments, or credit guarantees to their customers who then used the cash/credit to buy back the equipment…well suffice it to say, it did not end

The post Tech bubble now, destruction later? appeared first on MacroBusiness.

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Renew Economy Monday, September 29, 2025 - 08:54 Source
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Renew Economy Monday, September 29, 2025 - 08:14 Source
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MacroBusiness Monday, September 29, 2025 - 08:00 Source

Recent figures from the Department of Home Affairs revealed that almost 100,000 asylum seekers had their claims for asylum in Australia rejected, yet they remained in the country. This includes an estimated 50,000 who have completely exhausted their avenues for appeal. This figure has been heavily driven by individuals formerly on student visas applying for

The post Australia is acting like a failed state appeared first on MacroBusiness.

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Renew Economy Monday, September 29, 2025 - 06:00 Source
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Your Democracy Monday, September 29, 2025 - 05:33 Source

The Russian side has refused trilateral meetings with US President Donald Trump and representatives from Ukraine, US Vice President J.D. Vance claimed in an interview with Fox News on Sunday.

Trump has increasingly expressed impatience with the pace of Ukraine peace talks. The Kremlin says Kiev has demonstrated that it is not interested in peace by sticking to megaphone diplomacy and ignoring Russian settlement proposals.

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John Quiggin Monday, September 29, 2025 - 05:18 Source

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.

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Your Democracy Monday, September 29, 2025 - 04:44 Source

Bob Brown’s latest book, Defiance, is a salubrious breath of a tall peppermint native forest. It’s not a hard book, but rather only hard to heed for some.

Defiance — we learn — is contagious. In the face of accelerating subsidised consumption of Mother Earth’s biotic and abiotic resources, bold action is the answer.

 

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Your Democracy Monday, September 29, 2025 - 04:00 Source

US President Donald Trump’s newly adopted stance on the Ukraine conflict was shaped by his recent UK visit, The Telegraph has reported, citing unnamed sources. Vladimir Zelensky’s chief of staff Andrey Yermak has told the newspaper that the visit was very important. 

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MacroBusiness Monday, September 29, 2025 - 00:05 Source

“Stubborn empty nesters” refusing to downsize from their family-friendly homes have become Australia’s latest housing scapegoat. In April, the Daily Telegraph’s Taylor Troeth cited research from Australian Seniors showing that two-thirds of empty nesters in NSW “were still living in large family homes with no plans to sell, despite research showing this could free up

The post Beware Australia’s latest housing scapegoat appeared first on MacroBusiness.

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Your Democracy Sunday, September 28, 2025 - 18:59 Source

 

The future of international relations is being defined by these routes [Ports Not Missiles]. As shipyards and energy nodes slip from Anglo-Saxon hands, the balance shifts. Sanctions turn into paper threats, the dollar loses its status as the world’s club, and new routes—from Chabahar to the Arctic—dictate the rules of trade. 

 

From Henderson to Chabahar the Future Flows Through Ports Not Missiles

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Your Democracy Sunday, September 28, 2025 - 13:51 Source

Petro desmontó la narrativa estadounidense de combate al narcotráfico y pidió que se abra un proceso penal contra Donald Trump y los funcionarios que ordenaron atacar lanchas en el Mar Caribe.

 

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John Quiggin Sunday, September 28, 2025 - 11:14 Source

From Pearls and Irritations

The culmination of Donald Trump’s state visit to the UK was a press conference at which both American and British leaders waved pieces of paper, containing an agreement that US firms would invest billions of dollars in Britain.

The symbolism was appropriate, since a central element of the proposed investment bonanza was the construction of large numbers of nuclear reactors, of a kind which can appropriately be described as “paper reactors”.

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MacroBusiness Sunday, September 28, 2025 - 10:27 Source

By Belinda Allen, head of Australian economics at CBA: The August monthly CPI surprised to the upside. There is clear upside risk to Q3 25 CPI and makes a November RBA rate cut not a done deal. The week ahead brings the RBA Monetary Policy Board meeting. We expect the cash rate to remain steady

The post The economic week ahead appeared first on MacroBusiness.

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Your Democracy Sunday, September 28, 2025 - 08:05 Source

 

What would Christopher Hitchens say about Donald Trump’s disastrous performance at the United Nations General Assembly? In this satirical reimagining, Hitchens unleashes a scathing critique of a speech so absurd it left world leaders in stunned silence.

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Your Democracy Sunday, September 28, 2025 - 05:55 Source

 

Russia’s foreign minister gave another bombshell address at the UN on Saturday, followed by a press conference. Here's what he said.

1. Message to NATO: Don't Try US

Debunking NATO and EU leaders’ attempts to fearmonger their publics into believing that Russia has plans to attack, Lavrov emphasized that “any aggression” against Russia would be “decisively rebuffed.”

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Your Democracy Sunday, September 28, 2025 - 05:35 Source

While a treaty prohibits nuclear weapons stationed in Australia, the Government tries to circumvent it. Rex Patrick and Philip Dorling on Labor’s duplicitous nuclear word games.

From 2032, nuclear-armed cruise missiles will be loaded into US Navy Virginia-class subs. The Treaty of Rarotonga prohibits nuclear weapons from being ‘stationed’ at HMAS Stirling, but maybe it’s OK for them to be ‘rotated’ through the base.

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Your Democracy Sunday, September 28, 2025 - 04:44 Source

 

George Galloway was temporarily detained at Gatwick Airport under the Terrorism Act upon his return from Russia on Saturday, according to his Workers Party of Britain.

Officers from the Metropolitan Police’s Counter Terrorism Command stopped the 71-year-old former MP, along with his wife. The police have acknowledged an incident, but have not confirmed that Galloway was the man detained. 

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John Quiggin Saturday, September 27, 2025 - 17:46 Source
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Your Democracy Saturday, September 27, 2025 - 08:45 Source

 

The decision by the United States to introduce 100% tariffs on pharmaceutical products starting October 1 is emerging as one of the most serious challenges for Germany and Europe in recent years. The move is viewed not only as a blow to European manufacturers’ economic interests but also as a threat to the stability of the global healthcare system.

 

BY DMITRY SUDAKOV

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Your Democracy Saturday, September 27, 2025 - 06:30 Source

Ukraine is planning a possible false-flag operation in Romania or Poland that could escalate into a third world war, Russian Foreign Ministry spokeswoman Maria Zakharova has said.

In a Telegram post on Friday, she pointed to reports in Hungarian media alleging that Kiev intends to stage acts of sabotage in neighboring NATO countries and place responsibility on Moscow.

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Your Democracy Saturday, September 27, 2025 - 05:55 Source

Former French President Nicolas Sarkozy was found guilty and sentenced to five years in jail for campaign finance violations, a historic ruling in a case that has long captivated Parisian politics.

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Your Democracy Saturday, September 27, 2025 - 02:05 Source

No Chinese city appears on the annual lists of the most liveable cities in the world. Is this due to ignorance or to a pervasive anti-China bias?

What does one look for in a liveable city? According to three main annual global city surveys, factors include stability, culture and the environment, infrastructure, education standards and healthcare.

 

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Your Democracy Saturday, September 27, 2025 - 01:44 Source

Former UK Prime Minister Tony Blair has proposed to lead a transitional administration in Gaza when Israel’s military campaign in the enclave ends, British media reported on Friday.

Blair is reportedly seeking to chair a body called the Gaza International Transitional Authority (GITA), which would oversee reconstruction and eventually transfer power to the West Bank-based Palestinian Authority (PA).

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MacroBusiness Saturday, September 27, 2025 - 00:10 Source

Australian house prices are already at their highest level in history and are beginning to surge higher. According to Cotality, last week’s combined final auction clearance rate rose to 71.6%, which was the capital cities’ highest result since early June 2023 (73.1%). It was also the third time in five weeks that the final clearance

The post Australian house prices ascend into the bubble realm appeared first on MacroBusiness.

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