Renew Economy
Friday, October 17, 2025 - 12:11
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MacroBusiness
Friday, October 17, 2025 - 12:00
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Victoria is the nation’s most indebted state with the lowest credit rating. Global rating agencies have reaffirmed Victoria’s AA credit rating, although the state government has been put on notice to reduce debt, rein in operating costs, and show fiscal restraint ahead of the November 2026 election. On Wednesday, the Victorian Department of Treasury and The post Victoria is headed toward a financial crisis appeared first on MacroBusiness. |
MacroBusiness
Friday, October 17, 2025 - 11:45
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The Pilbara killer is here. A Guinean government minister, meanwhile, said the West African country would inaugurate rail and port facilities for the giant Simandou iron ore project on Nov. 11. The locomotives are arriving. SIMFER, the joint venture of the government of Guinea, Rio Tinto, and the Chinalco-led CIOH consortium, has celebrated the arrival of the The post Pilbara killer chills champaign for November 11 appeared first on MacroBusiness. |
MacroBusiness
Friday, October 17, 2025 - 11:30
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Recently, a reader shared with me the statistics on the level of prosecutions against fraudsters within the National Disability Insurance Scheme (NDIS). The internal reporting of the National Disability Insurance Agency (NDIA), the government authority overseeing the scheme, found that in the June quarter of 2024, there were more than 7,000 tip-offs alleging fraud. Of |
THE BLOT REPORT
Friday, October 17, 2025 - 11:04
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MacroBusiness
Friday, October 17, 2025 - 11:00
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Compare the Market’s annual Household Budget Barometer report shows that many Australians are continuing to feel the strain of rising living costs. Only 7% of the 3,000-plus respondents feel that the Australian economy has improved over the last year, while just 22% feel optimistic about the economic future. Shadow Treasurer Ted O’Brien says the figures The post Aussie households have ‘given up’ on the economy appeared first on MacroBusiness. |
Renew Economy
Friday, October 17, 2025 - 10:49
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MacroBusiness
Friday, October 17, 2025 - 10:30
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Under progressive leadership regimes, the Australian central bank has become ever more corrupt and unable to speak truth to power, especially when it comes to the single most important macroeconomic input into the economy: immigration. Just this week, we had another analysis from RBA boffin Sarah Hunter, which refused to acknowledge the obvious: the immigration-led The post Blind RBA trashes jobs market again appeared first on MacroBusiness. |
MacroBusiness
Friday, October 17, 2025 - 10:00
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This week, two polls were released showing that Australians overwhelmingly want significantly lower immigration. First, Resolve Political Monitor released polling of 1,800 Aussies from across the political spectrum on October 7 and 12. The group was told Australia’s current migration policies allow 316,000 people into the country and 185,000 to permanently settle in the country |
Renew Economy
Friday, October 17, 2025 - 10:00
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Renew Economy
Friday, October 17, 2025 - 09:46
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MacroBusiness
Friday, October 17, 2025 - 09:30
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The ferrous complex is falling apart; it just doesn’t know it yet. Steel prices are collapsing. The spread to iron ore is eviscerating mill profits as inventories pile up. This is both rebar and, more importantly, HRC. It’s so bad that the need for a New Year steel restock is nearly gone. Mills are going The post The leverage bomb holding up iron ore appeared first on MacroBusiness. |
MacroBusiness
Friday, October 17, 2025 - 09:00
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Wall Street was slammed lower mainly led by financials but also small stocks as trade war tensions are keeping most risk markets contained. The USD continues to decline with Yen and Euro both pushing to new weekly highs while the Australian dollar failed to get back above the 65 cent level due to yesterday’s release The post Macro Morning appeared first on MacroBusiness. |
MacroBusiness
Friday, October 17, 2025 - 09:00
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The Market Ear wraps us up. Welcome to extreme fear The problem is we have not seen CNN’s greed/fear index hit extreme fear territory and SPX this close to ATHs (chart 2). Source: CNN Source: Macromicro Imagine regional… …goes a bit more “global”? SPX vs. KRE gap getting rather wide. Source: LSEG Workspace Huge gap The post Is the AI bubble about to burst? appeared first on MacroBusiness. |
Your Democracy
Friday, October 17, 2025 - 08:41
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US President Donald Trump has announced plans for a summit with his Russian counterpart Vladimir Putin in Budapest, Hungary. The meeting will take place at a date to be determined after “high-level advisors” from the two countries meet next week, he said in a Truth Social post on Thursday. Washington’s delegation at the initial meeting will be led by Secretary of State Marco Rubio, he said, adding that the location is yet to be determined. |
MacroBusiness
Friday, October 17, 2025 - 07:57
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DXY no bueno. AUD even less bueno. Gold bueno. Oil no bueno. AI metals are confused. Big miners breakout or false? EM bounceback. Junk not so much! Yields freefall. Stocks need a deeper pullback. Newsflow is whacko, courtesy of ZH. Washington shutdown. Geopolitical risk Weak Macro Hawkish FedSpeak Waller sounded less dovish than normal: “You The post Australian dollar Trumped to death appeared first on MacroBusiness. |
Renew Economy
Friday, October 17, 2025 - 07:38
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Your Democracy
Friday, October 17, 2025 - 06:55
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US President Donald Trump said on Wednesday that he had authorized the CIA to conduct covert operations in Venezuela. |
Your Democracy
Friday, October 17, 2025 - 06:44
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Climate change and human activity are causing the health of the world’s oceans to decline at an alarming rate, the UN has warned. |
MacroBusiness
Friday, October 17, 2025 - 00:05
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Australians have endured the biggest decline in real wages in history. As of the June quarter of 2025, Australian real wages were still tracking 6.0% below their June 2020 level, at roughly the same level as December 2011. The Reserve Bank of Australia’s (RBA) Assistant governor and chief economist Sarah Hunter warned that Australia’s sagging The post RBA: Australians face low wage future appeared first on MacroBusiness. |
Renew Economy
Thursday, October 16, 2025 - 21:38
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Renew Economy
Thursday, October 16, 2025 - 21:38
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Renew Economy
Thursday, October 16, 2025 - 20:10
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Renew Economy
Thursday, October 16, 2025 - 20:03
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Your Democracy
Thursday, October 16, 2025 - 18:48
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The US War Department stands ready to do its part and “impose costs” on Russia over the Ukraine conflict, War Secretary Pete Hegseth has said. Speaking at Ramstein military base on Wednesday ahead of a meeting of countries coordinating military support for Ukraine, he lauded NATO members’ recent militarization push. |
MacroBusiness
Thursday, October 16, 2025 - 17:35
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AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Vids The post Macro Afternoon: 16 October 2025 appeared first on MacroBusiness. |
MacroBusiness
Thursday, October 16, 2025 - 16:30
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Asian share markets are still trying to get a wriggle on as the trading week starts to wind down following some potential progress on the rare earth US-China trade war while the latest unemployment print locally is resetting the chances of more RBA rate cuts although the Australian dollar remains resilient against a very weak The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Thursday, October 16, 2025 - 14:45
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MacroBusiness
Thursday, October 16, 2025 - 14:30
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The gold boom has many investors asking for more precise ways to get exposure. Today we’re adding a Mid-Cap Gold tilt to our Direct Indexes—so you can target the part of the gold market that sits between physical bullion and the mega miners. What is the Mid-Cap Gold tilt? It’s a rules-based basket of ~a dozen listed gold The post Announcing MB Fund gold tilts appeared first on MacroBusiness. |
Renew Economy
Thursday, October 16, 2025 - 14:16
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