HOPE IS AN IMPERSONAL HEROE…..
Who tries to defy net zero
contrarily to RATIONEMACY
Forgetting SAPIENTIAMACY
And abandoning IUSTUMACY
The eternal rose on my desk
Could appear as grotesque
Being made of fine Chinese silk
Like so many fakes of her ilk
Contemplating alternative to DUMBOCRACY
There’s no answers in the aequus of MAGICRACY
The Australian Youth Barometer 2025, produced by Monash University’s Centre for Youth Policy and Education Practice (CYPEP), is the fifth annual study of young Australians aged 18–24. It combines surveys (527 participants), interviews, and existing national data to explore youth experiences across economy, work, education, health, relationships, and civic participation This year’s survey paints a
Many will argue that there is no AI bubble. The poster child of the bubble, NVDA, is not running away from profits on valuation. However, bubbles always have a kernel of truth, and that truth distorts underlying economic behaviour. In 1999, it was Cisco profits on routers. Note what happened to profits when the bubble
The post What will burst the AI bubble? appeared first on MacroBusiness.
The ferrous complex remains paralysed with iron ore caught in an obvious trading range between $100 and $107. CISA data for mid-November was still bearish, rising slightly but below last year’s levels. Inventory rose commensurately. Yet, hot metal output remains strong. According to an SMM survey, on November 26, the blast furnace operating rate at
Getting an early assessment of a new treasurer can be quite unfortunate. Especially for the treasurer. In June 2022, MB warned the newly elected Albanese government that a fateful energy shock was underway, one that would destroy its domestic agenda, while the government took a victory lap around the country. We went so far as
The post Jim Chalmers has destroyed the economy appeared first on MacroBusiness.
Roy Morgan reported that mortgage stress hit its lowest level since February 2023, following the three 0.25% rate cuts from the Reserve Bank of Australia (RBA). In the three months to October 2025, 25.3% of mortgage holders were deemed by Roy Morgan to be ‘At Risk’ of ‘mortgage stress’, down 2.6% points from August 2025
The post Aussie mortgage stress to climb higher appeared first on MacroBusiness.
Again the lack of bad news and the Thanksgiving cheer gave Wall Street another boost which should translate into steady returns on Asian equity markets in today’s session. The near certainty of a rate cut by the Fed in tis December meeting is the juice that is powering risk makets at the moment with the
The post Macro Morning appeared first on MacroBusiness.

MORE THAN A HANDSHAKE, THER ARE RECORDS OF THE PROMISE MADE BY REAGAN TO GORBACHEV....
MORE TO COME.
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT — SINCE 2005.
Gus Leonisky
POLITICAL CARTOONIST SINCE 1951.

US–Israel manoeuvring over Gaza is already widening the conflict. As Sudan burns and propaganda intensifies, Iran may be the next target — with Australia again at risk of being drawn in.
DXY is falling again. AUD launched. CNY is supportive. Japan is better but no cigar. Gold is good. AI metals, or should we call them Fed metals, jumped. The chosen one is back. EM lagging. Junk is green. Yields are green. Stocks are green. With the FOMC and RBA charging in apparently different directions, if
The post Australian dollar rampage! appeared first on MacroBusiness.

Journalists from Michael West Media have scooped the pool in this year’s Walkey Awards for Excellence in Journalism taking home no less than 28 Walkeys*.This year’s Gold Walkey (not sponsored by Woodside) was a hard-fought affair with Rex Patrick taking out the gong for his body of work on government transparency and Australia’s 60-year campaign to steal Timor’s oil and gas.
Prosper Australia’s latest Speculative Vacancies data update reveals a 16% rise – to 31,890 – in totally empty homes in Melbourne over the past year. This rise in empty dwellings has undermined the benefit from new housing supply coming online. Including a further 69,055 underused homes, the total climbs to 100,945. This figure speaks to […]
The post Totally empty homes in Melbourne up 16% first appeared on Prosper Australia.

Two rival peace proposals for Ukraine have emerged – one from the US, echoing long-standing Russian demands, and another from Europe. Kyiv has rejected the US plan as written, insisting its sovereignty cannot be bargained away.
A flurry of recent diplomatic activity has seen two competing peace plans for Ukraine emerge.
This week, Cotality released its housing affordability report for the September quarter of 2025, which reported abysmal affordability across the nation for both purchases and rent. In response, AMP chief economist Shane Oliver produced a report explaining how Australia’s mass immigration policy has eroded housing affordability by creating a structural imbalance between supply and demand.
