Your Democracy
Wednesday, October 15, 2025 - 19:40
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US President Donald Trump has suggested that it is unlikely he will end up in heaven despite his efforts to mediate peace between Israel and Hamas. During Trump’s flight aboard Air Force One to Israel on Sunday, Fox News’ Peter Doocy asked the president whether ending the war in Gaza would help him get into heaven. |
Your Democracy
Wednesday, October 15, 2025 - 18:47
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Today, if we are to believe most polls, "Frexit" is supported neither by the majority of the population nor by the major parties. Is this because, ultimately, things are not so bad and there is therefore no need to try to improve the situation, or, as some claim, it would be apocalyptic if we did? On this fundamental question, there are numerous proposals, actions, and initiatives, as well as an abundant literature, all perfectly enlightening.
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Renew Economy
Wednesday, October 15, 2025 - 18:27
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Renew Economy
Wednesday, October 15, 2025 - 17:11
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Renew Economy
Wednesday, October 15, 2025 - 14:46
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Renew Economy
Wednesday, October 15, 2025 - 14:36
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Renew Economy
Wednesday, October 15, 2025 - 14:14
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Digitopoly
Wednesday, October 15, 2025 - 14:01
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What can a nineteenth-century economist teach a twenty-first-century Chief Executive Officer (CEO) at one of the largest technology firms? More to the point, why is Microsoft’s CEO, Satya Nadella, quoting William Stanley Jevons? Jevons was a dominant figure in economic thought in Britain during the second half of the nineteenth century, but not today. His work populates the earlier chapters of textbooks on the history of economic thought, where he is credited with being a pioneer in starting the Neoclassical School of Economics. |
MacroBusiness
Wednesday, October 15, 2025 - 14:00
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Honestly, is there no end to this woke claptrap? Jenna Price thinks kids are the abusers of poor victim teachers. Here’s where we are today. One in four teachers feels unsafe at work, says Fiona Longmuir of Monash University. That makes them want to leave teaching. Years ago now, she and her colleagues set out The post SMH horrified by child abuse…of adults appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 15, 2025 - 13:30
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The NAB survey out yesterday was not very encouraging. The pent-up demand released by RBA rate cuts delivered a significant increase in consumer expenditure in the June quarter. However, business investment stayed low, indicating that companies were not inclined to make significant investments until they see more proof of a revival in domestic demand. Businesses |
MacroBusiness
Wednesday, October 15, 2025 - 13:00
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Cotality’s rental data continues to deteriorate. The latest weekly market indicators report shows that rental listings have collapsed to a fresh low across the combined capital cities: Over the past year, total listings across the combined capital cities have declined by 18.6%, with double-digit falls recorded across every market: The vacancy rate across the combined |
MacroBusiness
Wednesday, October 15, 2025 - 12:30
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The Guardian’s Luca Ittimani asks why state and local government plans to convert empty office buildings into apartments to ease the housing crisis have not come to fruition: Momentum to create homes out of empty offices has faded even as office vacancies rise and housing shortages intensify. Developers have not submitted a single application to The post Another housing gimmick fails appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 15, 2025 - 12:00
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Australians are consistently ranked among the wealthiest people on earth. The 2025 UBS Global Wealth Report ranked Australians second in the world for median wealth, with the typical Australian having a net worth of US$268,424. Australia had 1,904 US dollar millionaires in 2025, according to UBS. However, Australia stands out from most other nations, as The post Why Australians are ‘rich’ appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 15, 2025 - 11:30
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For the life of me, I don’t know why anybody wants to be long iron ore here but hey, that’s how markets work sometimes. Steel prices continue to fall, though long products are falling faster than flat products, which is key to some market resilience, as it helps hold up blast furnace output over electric-arc The post Iron ore wakes in fright appeared first on MacroBusiness. |
Renew Economy
Wednesday, October 15, 2025 - 11:04
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MacroBusiness
Wednesday, October 15, 2025 - 11:00
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While Japan welcomes almost 37 million visitors per year and is widely considered one of the safest places in the world, in quarters more focused on economics, the focus is often placed on its status as a cautionary tale. In some ways, this characterisation is entirely fair. Japan is the developed world’s poster child for The post Australia vs Japan – The Lucky Country Loses appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 15, 2025 - 10:30
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The biggest problem is the systemic long. Any decent shock gives VaR implosion. Fragile SPX futures basically reversing the bounce from yesterday. 6600 is the big short term level. The 50 day comes in right on that level. A close below, and 6500 is the next support, followed by the 100 day at 6400. A The post Not out of the bear’s den appeared first on MacroBusiness. |
Renew Economy
Wednesday, October 15, 2025 - 10:19
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Renew Economy
Wednesday, October 15, 2025 - 10:02
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MacroBusiness
Wednesday, October 15, 2025 - 10:00
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This month, the Reserve Bank of Australia (RBA) decided to hold the official cash rate at 3.60%, citing resurgent inflation risks. The RBA’s statement alongside its decision noted that “the decline in underlying inflation has slowed”, with “recent data, while partial and volatile, suggest[ing] that inflation in the September quarter may be higher than expected The post The case against RBA rate cuts strengthens appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 15, 2025 - 09:30
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An MB reader has sent this excellent proposal for resolving the East Coast gas crisis by shutting down GLNG without creating sovereign risk. There’s a possible win/win/win scenario that could be negotiated Suitors for GLNG take a look at the books and run—I think the contingency liability not currently sitting on the Santos balance sheet The post How to fix Santos, crash gas prices and avoid sovereign risk appeared first on MacroBusiness. |
Renew Economy
Wednesday, October 15, 2025 - 09:06
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MacroBusiness
Wednesday, October 15, 2025 - 09:00
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Wall Street is trying to continue its rebound from its Friday night slump while navigating a speech by Fed Chair Powell as other risk markets are still expecting another TACO trade setup when the Fat House eventually capitulates. Meanwhile the USD was unable to continue its nascent lift with most of the majors returning to The post Macro Morning appeared first on MacroBusiness. |
MacroBusiness
Wednesday, October 15, 2025 - 06:08
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DXY is hovering. AUD dumped and pumped on tariff headlines. CNY has rolled. Gold to heaven, oil to hell. Metals turned casinos. RIO is breaking out of the big bear on the debasement trade. If it mined gold, I might agree. It doesn’t. EM dubious. Junk trying at the centre , not so much the The post Australian dollar tariffied to death appeared first on MacroBusiness. |
Your Democracy
Wednesday, October 15, 2025 - 04:33
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Your Democracy
Wednesday, October 15, 2025 - 03:33
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New research from investment bank Goldman Sachs affirms, as progressive advocates and economists warned, that US consumers are bearing the brunt of President Donald Trump’s trade wars. |
MacroBusiness
Wednesday, October 15, 2025 - 00:05
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The latest batch of rental data from Cotality and SQM Research suggests that Australia’s rental market has tightened. As illustrated below by Justin Fabo from Antipodean Macro, Cotality reported a capital city vacancy rate of 1.5% in September, which was 0.4% lower than a year ago and the lowest vacancy rate on record: The number The post Why Australia has a rental squeeze appeared first on MacroBusiness. |
Club Troppo
Tuesday, October 14, 2025 - 22:26
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Share this video! Please! Well, the time has come folks. On Thursday I’ll be launching a video series that’s been over two years in the making. I could have written a book, but I made 20 short videos instead. Conner … Continue reading → |
Club Troppo
Tuesday, October 14, 2025 - 22:24
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This piece began as a lengthy comment responding to Ken Parish’s post on my proposal for a third ‘people’s chamber’ chosen by lottery. I posted it on Substack a few weeks ago, but thought it might be a worthwhile post … Continue reading → |
Renew Economy
Tuesday, October 14, 2025 - 20:40
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