German Chancellor Friedrich Merz is seeking to claw back decision-making power from European Commission President Ursula von der Leyen, Bloomberg reported on Tuesday, citing diplomats familiar with the matter.
A state by-election will be held in the north Queensland seat of Hinchinbrook at some point near the end of this year or early in 2026, following local MP Nick Dametto’s announcement that he will contest the mayoralty of the City of Townsville at a by-election next month.
Hinchinbrook covers the northern outskirts of Townsville and stretches halfway up the coast towards Cairns. Dametto is a member of Katter’s Australian Party and has held the seat since 2017. His current margin is 13.2% against the LNP.
“They need to get cracking:” Bowen on renewable targets and LNP’s “poor decisions” in Sunshine state
In this week’s podcast, we are unpacking today’s stretched market valuations—why they’re really concentrated in just a handful of the largest stocks, why small and mid-sized companies may actually be trading below average, and how investors should think about growth versus price. Can’t make it to the live series? Catch up on the content via
In the debate surrounding the viability of individual households servicing ever larger mortgages, the fact that Australia has yet to see large-scale defaults is often cited as evidence that the current level of debt is sustainable. Others use this as evidence to support the argument that we should allow households to incur even higher debt
The post Australia’s economic self harm appeared first on MacroBusiness.
During the pandemic, Victoria transformed into a police state. Residents were locked down for nine months, allowed to only exercise outside the home for one hour a day. Playgrounds were closed, play equipment was chained-up, and police patrolled the streets with vigour seeking to catch people not wearing their masks or following curfews. Police even
The post Victoria is broken appeared first on MacroBusiness.
In October 2024, then Canadian Prime Minister Justin Trudeau pledged to dramatically cut net migration into Canada. Looking at a chart of net overseas migration based on data from Statistics Canada, it appears that Trudeau’s promise has been entirely realised, with the rate of quarterly net migration into Canada in the first quarter of this
The post Canada’s migration statistics BS appeared first on MacroBusiness.
US President Donald Trump has suggested that denying him the Nobel Peace Prize would amount to an insult to the United States.
Speaking to top military brass in Quantico, Virginia, on Tuesday, Trump said he has repeatedly been overlooked for the award, even though he believes his record qualifies him.
Strategic buffoon Anthony Albanese is discovering that kowtowing to Beijing only encourages it. “We have seen those issues in the past. I want to see Australian iron ore to be able to be exported to China without hindrance.” “If prolonged, the (pause) risks squeezing steel margins or forcing selective output cuts … but China cannot
The post The Pilbara killer stalks BHP appeared first on MacroBusiness.
From the Market Ear: Put hate is back Put call ratio imploding again… Mini top? SPX could be putting in a mini double top here, with the second high slightly lower. Note the 21 day and channel lows come in around 6650 (futures). A close below that and 6600 could come into play quickly. 50
The post Put Hate, CAPE Stretches, Metals Melt Up appeared first on MacroBusiness.