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Oz Blog News Commentary
Your Democracy Tuesday, July 29, 2025 - 04:44 Source

Former Foreign Minister and NSW Premier Bob Carr has compared the situation in Gaza with the Warsaw Ghetto, and urged the Government to move with the French on Palestinian statehood. He made his comments in an interview with ABC Radio National Breakfast host Sally Sara. 

 

Bob Carr

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MacroBusiness Tuesday, July 29, 2025 - 00:05 Source

In a press conference last week, New Zealand Housing Minister Chris Bishop made the case that his nation needed to decouple economic growth from housing price increases, regardless of how challenging that may be in the short term. Bishop made the case that the Kiwi economic recovery needs to be driven by broad-based growth in

The post New Zealand two faced on housing appeared first on MacroBusiness.

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MacroBusiness Monday, July 28, 2025 - 16:30 Source

Asian share markets are generally higher after news that the Trump regime has managed to secure the framework of a “deal” with the EU, even though it looks like resulting in massive tariffs for American importers. Markets love the news because at least its the semblance of stability with Wall Street and Eurostoxx futures up

The post Macro Afternoon appeared first on MacroBusiness.

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Cheeseburger Gothic Monday, July 28, 2025 - 15:16 Source

I do love me a good sandwich. The best ones stay with you in your memory for years afterwards. I had an amazing corned beef sanger in New York about 20 years ago that I still think about. I am forever searching for a decent Cubana sandwich in Brisbane, a Mexican toasty with pulled pork, ham, chorizo and sometimes even hotdog. Oh, and cheese, of course. You can't have a good sandwich let alone a toasty without cheese.

I got this bad boy a couple of years ago in Florence. It's their version of a ham, cheese and tomato sanger, and as you can see it's a whole meal.

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MacroBusiness Monday, July 28, 2025 - 14:00 Source

After shocking economists and holding rates steady at last month’s monetary policy meeting, the Reserve Bank of Australia (RBA) stated that it was awaiting two key pieces of data before lowering rates: the June labour force report and the Q2 CPI inflation print. The June labour force report from the Australian Bureau of Statistics (ABS)

The post RBA is ready to slash interest rates appeared first on MacroBusiness.

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MacroBusiness Monday, July 28, 2025 - 13:30 Source

One of Australia’s leading China grovellers, James Curran, simply can;t break out of the 1970s. In his talks with then-Chinese premier Hua Guofeng, Fraser had proposed the formation of a quadrilateral pact – comprising China, the US, Japan and Australia – to hedge against Soviet ambitions in the Pacific and Indian oceans. It never eventuated.

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MacroBusiness Monday, July 28, 2025 - 13:00 Source

The State of Victoria has been living in a public service bubble. Victoria’s net debt was $22.3 billion when the State Labor government delivered its inaugural state budget in 2015. As of FY25, Victoria’s net debt has skyrocketed to $155.5 billion and is projected to rise to $194 billion by FY29. Victoria’s dire budget situation

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