When Shadow Home Affairs Minister Andrew Hastie put out his recent political ad on social media lamenting the loss of Australia’s car industry and broader manufacturing capacity, it prompted a debate over whether or not it was worth pursuing an advanced manufacturing sector as a nation. In some ways, the debate has already been had
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Cotality’s latest chart pack reported that the value of Australia’s residential housing stock has risen to $11.8 trillion spread across 11.4 million dwellings. As a result, the average dwelling in Australia is now valued at an extraordinary $1,035.000: Not surprisingly, then, a million-dollar price tag is becoming more common across Australia, with Cotality’s latest Million
Here is the problem. Anthony Albanese has publicly endorsed Kevin Rudd and confirmed Donald Trump told the Australian ambassador “all is forgiven” for the ambassador’s past criticism of the US President. The Prime Minister also confirmed Dr Rudd’s appointment as Ambassador to Washington was for a four-year period, which means he would stay in the
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Earnings on Wall Street failed to get things moving overnight amid a lack of other economic or macro catalysts with most risk markets returning scratch sessions or barely higher in the end. The standout however is USD which is pressuring Euro and the other major currency pairs even as the Trump regime holds the US
The post Macro Morning appeared first on MacroBusiness.
DXY is not going away. AUD is not out of the woods. CNY sideways. Gold hammer. As I keep saying, for a safe haven, gold is very volatile. AI metals hit too. Is the big bear over? In AUD, yes. EM reversed. Junk is still struggling. Bonds are bidly. Stocks struggled. Are we late cycle
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The price of partnership with the United States has changed. Washington is now using assurances of defence and trade access to pressure allies in Europe and Asia to buy more of its fossil fuels under decades-long contracts.
A senior Pentagon spokesperson has responded with a “your mom” joke when asked about US War Secretary Pete Hegseth’s choice of tie for a recent meeting with Ukraine’s Vladimir Zelensky.
Hegseth opted for a white, blue, and red striped tie during Zelensky’s visit to the White House on Friday.
Last week’s dwelling construction data was an absolute disaster. In the June quarter of 2025, only 40,524 homes completed construction, which was the weakest quarter of dwelling completions for 11 years (i.e., since the March quarter of 2014). In the 2024-25 financial year, total dwelling completions fell by 2% to 174,030, from 177,600 the previous
This Labour government would have banned the Labour movement – alongside all the other protests that secured our freedoms.
Imagine a movement arising in this country that seeks to overthrow established power. Imagine that it begins with a series of rebellions, in Scotland and south Wales perhaps, that shut down workplaces, confront police and soldiers (sometimes peaceably, sometimes with crude weapons), set up roadblocks and lay siege to the places where fellow protesters are imprisoned and government officials are meeting.