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Oz Blog News Commentary
MacroBusiness Wednesday, July 2, 2025 - 00:05 Source

Some charts from Westpac make the point. After increasing by 0.6% in May, the Cotality house value index increased by 0.6% in June. The current price increase is 2.3% since January, after a minor 0.8% drop at the beginning of the year. At 2.7% annually, growth was somewhat stable. Similar increases were seen in all

The post Buy property now appeared first on MacroBusiness.

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Club Troppo Tuesday, July 1, 2025 - 19:02 Source

I posted something similar on Facebook a few days back, and thought I might get some useful feedback here.

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Cheeseburger Gothic Tuesday, July 1, 2025 - 16:07 Source

I’ve been spending some time in the 1950s. The other 1950s, of course, which I buggered up jamming a nuclear-powered aircraft carrier into a wormhole and back to the Battle of Midway.

Would you like a peek?

(That’s not really a question, I know).

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MacroBusiness Tuesday, July 1, 2025 - 16:00 Source

The new financial year is seeing some calm return to Asian share markets with Japanese bourses pulling back amid tariff dramas with the Trump regime, while Yen is firming on solid manufacturing data from both China and Japan as we await the US ISM print later tonight. Oil markets continue to steady after their recent

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Tuesday, July 1, 2025 - 14:36 Source

A Melbourne company is recruiting Australians to work on a mysterious Israeli and American-backed aid project in Gaza. Could it be the infamous Gaza Humanitarian Foundation? Yaakov Aharon reports.

An ad posted by Claymore Personnel – named after an anti-personnel landmine – promises that successful candidates will “be looked after.”

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MacroBusiness Tuesday, July 1, 2025 - 14:00 Source

As we know, VIC is the worst-run state in Australia. This is strange given that there is no native industry left to drain talent from the government. But it is what it is. Lowest income growth. Highest debt. And unemployment. Worst business conditions. And, you guessed it, absurd population growth. But don’t get cocky, because

The post Victoria disease spreads like wildfire appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 1, 2025 - 13:30 Source

The Market Ear on stocks.  Melt-up mode Will this market morph from a traditional bull to a proper melt-up? Yardeni weighs in: “So far, the current bull market looks like a normal one, with the potential to match the returns of some of the best bull markets since the mid-1960s. We are still targeting 6500

The post Boom, baby, boom appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 1, 2025 - 13:00 Source

Judging by the PMIs, the notion that China is growing at 5% is preposterous. Industry is still shrinking. New orders managed to flop into the positive locally, but are exports are dropping. Services are slightly better but barely moving. With new orders going backwards. Construction is doing a bit better, but is not convincing, either.

The post Chinese economy sinks a bit slower appeared first on MacroBusiness.

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Your Democracy Tuesday, July 1, 2025 - 12:52 Source

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