Each year, the Auditor‑General releases a report assessing Victoria’s consolidated financial statements. The Victorian Auditor‑General’s Report on the Annual Financial Report of the State of Victoria 2024–25 has been released amid the state facing record debt levels, the threat of further credit rating downgrades, ongoing industrial disputes (e.g., teachers and health workers), and scrutiny over
Between the growing leaks from within the Liberal Party on how Opposition Leader Sussan Ley’s leadership is terminal and the odds of bookies now showing Andrew Hastie as the odds-on favourite to be the next leader of the Coalition, Hastie’s ascension to the top job on the Australian right is increasingly seen to be a
The post Hastie’s big polling problem appeared first on MacroBusiness.
Always follow the Fed. The Market Ear. Keep it simple… …follow the 10 year, but the US outlook is murkier than many think. Hatzius’ (GS) call for a Dec-10 rate cut lines up with softer alternative labor data showing the economy may be losing momentum. The slowdown may be necessary: once tariffs fade, tax cuts
The post Follow the Fed appeared first on MacroBusiness.
The Australian Bureau of Statistics (ABS) has debuted its highly anticipated “complete” monthly consumer price index. This new monthly CPI indicator is a major upgrade—covering nearly the entire consumption basket, using richer data sources, and giving policymakers and the public a real-time view of inflation rather than waiting for quarterly updates. The results for October
My learned colleague, LVO, today argues that wind farms are environmentally destructive. He makes some excellent points about their ecological footprint in land-clearing practices. I would only counter by saying that most of Australia’s best wind resources are in pretty remote regions. This raises the question of whether the wind resources will remain sufficient given
The servant of the people has his hand in the cookie jar
While soldiers die on the battlefields afar
But the Guardian tells us all is okay
and that the President Yuckrainian can be cocky
Robert Urbanoski — November 2025
Are we too smart for the status of our animality?
Renew Economy reported on Andrew (Twiggy) Forrest’s 414-megawatt (MW) Uungula Wind Farm, which has begun pouring concrete foundations for 69 turbines: “Squadron—controlled by iron ore billionaire and green energy evangelist Andrew Forrest—revealed that 11 foundations had already been poured, with foundation anchor cages currently being assembled in preparation for reinforcing steel installation and further concrete
DXY copped it last night on a swath of bad data. AUD rose, but in the circumstances, it was pretty subdued. CNY took off. JPY reversed with yields, but it’s not persuasive yet. Gold up, oil down. AI metals struggled. The chosen one launched. EM too. Junk is back. As yields tumble. Reducing stocks. Bad
The post Australian dollar jumps as US economy stumbles appeared first on MacroBusiness.