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Oz Blog News Commentary

Articles from MacroBusiness

Gas cartel demands it be stopped

October 23, 2025 - 09:30 -- Admin

The gas cartel wants Albo to stop it. “APLNG’s position on this is, that while we don’t like interventions, we feel like a major intervention is probably needed, which is to establish an export permit system,” Mr Clark [CEO] said. “If you’re going to export, you should also have to contribute to the domestic market

Macro Morning

October 23, 2025 - 09:00 -- Admin

Macro concerns outweighed earnings on Wall Street and in Europe overnight as concerns over stalemate on US-China trade negotiatiosn plus more Ruzzian sanctions intensified. A surprise drawdown in US oil stocks lifted oil prices while gold is still suffering from its recent correction as it touched the $4000USD per ounce level. Meanwhile the USD was

Australia’s renewables shell game exposed

October 23, 2025 - 00:05 -- Admin

The Australian Energy Market Operator’s (AEMO) Integrated System Plan (ISP) is a roadmap for transitioning Australia’s energy system to net zero emissions by 2050. It outlines the necessary investments in generation, storage, and transmission to meet consumer needs and government renewable energy and emissions targets. AEMO’s ISP was built on the fantastical assumption that Australian

Macro Afternoon

October 22, 2025 - 16:30 -- Admin

Asian share markets have paused their recent strong rebound on the Trump TACO trade as not much news around the traps keeping most risk markets in a holding pattern.  Currency markets are seeing more strength return to the USD which has been taking back its recent lost ground against the majors with some moves higher

Will BHP and RIO monopolise iron ore?

October 22, 2025 - 13:30 -- Admin

The ferrous complex is struggling to keep its head above water as steel production remains too high, inventories are bulging, and prices keep falling. The market for iron ore is, I suspect, clinging to hope that Beijing will stimulate again. But anti-involution is crashing commodity-intensive capex activity. Only tech is booming. If Beijing sticks to

What the gold boom means for Australia

October 22, 2025 - 13:00 -- Admin

By Ashwin Clarke and Lucinda Jerogin, economists at CBA: Key Points: The price of gold has surged to new record highs this month, driven by safe-haven demand. Australia is the third largest producer of gold and will be a beneficiary of price improvements. Sustained higher gold prices will stimulate mining investment, as well as boost

Markets quiver as gold pops

October 22, 2025 - 12:30 -- Admin

The Market Ear on weird everywhere. Expensive BTD Retail has grabbed gold with both hands lately, especially on big down days. All articles on gold and silver from earlier today, here, here and here. Source: GS Upside pain? GS with a gentle reminder: 1. The average S&P 500 return from October 20th to December 31st is +4.16% since 1928.

Tony Burke shouldn’t lecture about ‘social cohesion’

October 22, 2025 - 12:00 -- Admin

Home Affairs Minister Tony Burke front ABC’s Insiders on the weekend, where he admitted that immigration “needed to come down” but lambasted the ‘far right’ for using immigration as a “dog whistle” to destabilise social cohesion. Burke’s salvo followed the release of two opinion polls in the previous week showing, yet again, that Australians do

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