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MacroBusiness Tuesday, August 12, 2025 - 09:30 Source

Melbourne’s housing market has experienced a long period of price stagnation compared with the other major capital cities. According to PropTrack, Melbourne’s median dwelling values rose by only 19.2% in the five years to July, compared with an average increase across the combined capital cities of 45.5%. Melbourne’s median dwelling value in July 2025 was

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MacroBusiness Tuesday, August 12, 2025 - 09:00 Source

Last night saw risk markets stumble due to a lack of economic catalysts as traders await tomorrow’s US CPI print to see how sticky the inflation from the Trump regime’s stupid tariffs are affecting US consumers and hence the trajectory of the US Federal Reserve. The USD was mixed or slightly higher against the majors

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Tuesday, August 12, 2025 - 08:13 Source

The Digital Media Bargaining Code, brainchild of Josh Frydenberg, unopposed by Labor, is lining the pockets of the big end of town. What’s the scam?

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Your Democracy Tuesday, August 12, 2025 - 06:55 Source

US President Donald Trump has described Russia as a “warring country,” saying Moscow has been engaged in conflicts for centuries and “just keeps on fighting.”

Trump made the remarks on Monday at a press conference, where he talked about his upcoming meeting with Russian President Vladimir Putin in the US state of Alaska to discuss a possible settlement of the Ukraine conflict.

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MacroBusiness Tuesday, August 12, 2025 - 06:25 Source

DXY is back! AUD is not. Lead boots plod on. Gold bashed. Metals too. Big bear intact. EM shaky. Junk fine. The curve steepened. Stocks sold. At issue is the US CPI tomorrow. Goldman. Our analysis implies that tariff effects have boosted the core PCE price level by0.20% so far. We expect another 0.16% impact

The post Australian dollar burned by inflation appeared first on MacroBusiness.

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Your Democracy Tuesday, August 12, 2025 - 06:22 Source

US President Donald Trump has again said that a land swap for peace will be discussed at the upcoming summit with Russian President Vladimir Putin in Alaska. The statement clashes with Ukraine’s Vladimir Zelensky’s earlier refusal to consider any territorial concessions.

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Your Democracy Tuesday, August 12, 2025 - 05:55 Source

 

The Department of Justice (DOJ) on Thursday upped the reward it’s offering for information that leads to the arrest of Venezuela’s President Nicolás Maduro to $50 million. 

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Your Democracy Tuesday, August 12, 2025 - 05:55 Source

 

Israel's ambassador to Australia Amir Maimon says the recognition of a Palestinian state will do nothing to end the war in Gaza.

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MacroBusiness Tuesday, August 12, 2025 - 00:05 Source

Research by the McKell Institute warns that thousands of manufacturing jobs in Australia are at risk, particularly in regional areas The report claims that China’s “aggressive” industrial subsidisation, now likely exceeding its defence spending, risks shuttering some 73,000 jobs in Australian regions reliant on refining and smelting metals. “In the short-term, China’s geoeconomic strategy is

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MacroBusiness Monday, August 11, 2025 - 16:00 Source

Asian share markets are having a much better start to the trading week although Japanese markets are closed for yet another holiday as Bitcoin and other crypto currencies are seeing big bids. Yen was relatively steady against USD as expected while Euro is climbing again as the Australian dollar holds firm above the 65 cent

The post Macro Afternoon appeared first on MacroBusiness.

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