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MacroBusiness Monday, November 3, 2025 - 14:00 Source

Under a series of agreements reached between the Australian and New Zealand governments, Kiwis can relocate to Australia and reside there indefinitely using the Special Category Visa (SCV). The SCV is automatically granted to New Zealanders upon admission, provided they meet character and health criteria. The SCV allows Kiwis to live, work, and study indefinitely

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MacroBusiness Monday, November 3, 2025 - 13:30 Source

If a new Morgan Stanley study is any guide, it’s bad news all around for youth. The jobs they can do that are hostile to AI job displacement are the most toxic, most unpleasant, and most migrant-saturated imaginable. In short, your kid can plunge his/her hands into the abyss of the human mouth, handle flesh-eating

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MacroBusiness Monday, November 3, 2025 - 13:00 Source

Recent data from CBA suggested that Australian households had lifted their spending in response to the Reserve Bank of Australia’s (RBA) three interest rate cuts and modest growth in household disposable income. However, the September quarter household spending indicator (HSI) from the Australian Bureau of Statistics (ABS), released on Monday, raised doubts over the strength

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MacroBusiness Monday, November 3, 2025 - 12:30 Source

Is the gold boom turning to a bust, or is this only the first phase of a much bigger cycle? The bull case depends on why you own gold and how you choose to hold it. The “what” and “how” matter as much as the “whether.” Gold is a greater fool investment I’m going to start

The post Seven factors driving the gold price appeared first on MacroBusiness.

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MacroBusiness Monday, November 3, 2025 - 12:00 Source

The managed decline of the Chinese economy continues as the property sector is hollowed out. Last year’s yawnulus didn’t touch the sides of the bottomless black hole. Coal consumption growth has completely stalled. Trade appears to be booming. But only if China is shipping more smaller and lighter items. The economy has been pancaked for

The post Chinese golden Titanic sinks on appeared first on MacroBusiness.

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MacroBusiness Monday, November 3, 2025 - 11:30 Source

Almost every infrastructure expert opposed the Victorian government’s Suburban Rail Loop (SRL) because the price tag was excessive, the project lacked a business case, it failed any objective cost-benefit analysis, and it would have insufficient user demand. For example, a cost-benefit analysis by Victoria’s Parliamentary Budget Office (PBO) found that the SRL East and North

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MacroBusiness Monday, November 3, 2025 - 11:00 Source

Throughout much of the last term of federal parliament, the Coalition under its then leader Peter Dutton made a case that the Albanese government was unable to adequately manage the nation’s affairs, using words like “disaster” to characterise some of the government’s policies. While there is certainly a case to be made that the Albanese

The post The Liberal party is floundering appeared first on MacroBusiness.

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xkcd.com Monday, November 3, 2025 - 11:00 Source

The statue should be in the likeness of whatever sculptor posted the sculpting tool repair video that was most helpful during the installation of the statue.

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Your Democracy Monday, November 3, 2025 - 10:55 Source

Palestinian women share how Israeli forces used them as human shields in Gaza and the West Bank Throughout the Gaza genocide, testimonies have documented the Israeli army’s use of Palestinian women as human shields. These are not isolated acts by rogue soldiers but a systematic practice known to Israeli commanders and acknowledged by soldiers.

 

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