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Oz Blog News Commentary
MacroBusiness Wednesday, July 23, 2025 - 11:30 Source

Treasurer Jim Chalmers has released a participants list for its upcoming Economic Reform Roundtable, which “is all about building consensus on long term economic reform, with a focus on resilience, productivity and budget sustainability”. The list comprises around 28 groups representing the business, industry, and academic sectors, as well as government representatives. The list is

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MacroBusiness Wednesday, July 23, 2025 - 11:00 Source

The ferrous rocket flamed out yesterday. Miners are gapping into madness as the Pilbara killer cometh. At these prices, which will trigger a gusher of supply from India, iron ore needs more demand fuel from the Politburo. Colour me skeptical. Goldman. Ahead of the latest Central Urban Work Conference(CUWC), chaired by President Xi and attended

The post Iron ore gaps into madness appeared first on MacroBusiness.

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MacroBusiness Wednesday, July 23, 2025 - 10:30 Source

Victoria has had the cheapest energy on the East Coast for many years. The VIC government likes to crow about it. But there is a problem. This is not renewable energy. VIC has had cheap energy thanks to abundant gas and brown coal resources, which still comprise 60% of output. Even worse, it is only

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THE BLOT REPORT Wednesday, July 23, 2025 - 10:28 Source

I specialise in a particular group of fossils which are extremely useful in determining the relative age of rock units in the upper half of the Cambrian System. There are not many of us around, with perhaps about dozen of us globally, with only two of us in Australia, the other one being in Adelaide. I write papers on this topic fairly regularly and submit them to a couple of journals.

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Prosper Australia Wednesday, July 23, 2025 - 10:11 Source
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MacroBusiness Wednesday, July 23, 2025 - 10:00 Source

The Reserve Bank of Australia (RBA) shocked economists by holding the official cash rate (OCR) at 3.85% at its latest monetary policy meeting. The decision caught financial markets off guard, which had assigned a near 100% probability of a rate cut. The decision was a close call, with the board voting 6-3 in favour of

The post RBA given green light to cut interest rates appeared first on MacroBusiness.

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xkcd.com Wednesday, July 23, 2025 - 10:00 Source

"And in maritime news, the Coast Guard is on the scene today after an apparent collision between two lighthouses."

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Your Democracy Wednesday, July 23, 2025 - 09:51 Source

I spent several years in a movement that goes by many names: the New Right, the populist right, Trumpism, postliberalism, national conservatism, working-class conservatism, common-good conservatism, and so on. Amid the chaos set off by the 2016 election, a set of writers, wonks, and political staffers spanning Washington D.C., New York, and Silicon Valley rushed to build an “intellectual” version of pro-Trump conservatism.

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MacroBusiness Wednesday, July 23, 2025 - 09:30 Source

DXY is getting pounded again. AUD is up. Lead boots too. Gold surged. Oil caput. Metals mania! Even gave life to mining dogs. EM faded. Junk up. Yields down. Stocks paused. Instead of Trump mania, we got Bessent calm. Bloomberg. Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees

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MacroBusiness Wednesday, July 23, 2025 - 09:00 Source

Last night saw risk markets unable to make headway again, although European stocks sold off across the calendar as the lack of any progress on any trade deals with the Trump regime continues to weigh. Wall Street tried to eke out more record highs but were pulled back in selloffs in tech stocks as more

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Wednesday, July 23, 2025 - 08:58 Source

 

WASHINGTON (Sputnik) - US President Donald Trump wants to distance himself from the conflict in Ukraine both diplomatically and militarily, Trump's former National Security Adviser John Bolton believes.

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MacroBusiness Wednesday, July 23, 2025 - 08:00 Source

The mix of Australia’s international student enrolments has shifted dramatically during the last two decades. In the January-April period of 2005, 288,579 overseas students were studying in Australia, according to the Department of Education. China (63,635) led enrolments, with India (24,642) coming in a distant second. The Department of Education did not even mention Nepal. A

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Your Democracy Wednesday, July 23, 2025 - 06:55 Source

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