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Renew Economy Tuesday, December 2, 2025 - 16:37 Source
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MacroBusiness Tuesday, December 2, 2025 - 16:30 Source

A little bit of volatility across some risk markets here in Asia but generally equities finished where they started with the weak overnight lead from Wall Street as traders anticipate the upcoming rate cut at the Fed’s December meeting. The Australian dollar is still holding above the 65 cent level against USD as we get

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, December 2, 2025 - 15:20 Source
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Renew Economy Tuesday, December 2, 2025 - 15:19 Source
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Renew Economy Tuesday, December 2, 2025 - 14:29 Source
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MacroBusiness Tuesday, December 2, 2025 - 14:00 Source

One of the negative outcomes from the Australia-United States Free Trade Agreement (AUSFTA), which took effect in 2005, was that it increased patent and copyright terms, raising the price of drugs and copyrighted products. Thomas Faunce from the Australian National University (ANU) assessed that AUSFTA “undermined Australia’s PBS” by “allowing the US to alter the

The post Don’t give ground to Trump on the PBS appeared first on MacroBusiness.

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Your Democracy Tuesday, December 2, 2025 - 13:59 Source

On 27th November, ten of the UK’s leading experts briefed an invite-only audience of around 1,250 politicians and leaders from business, culture, faith, sport and the media with the latest implications for health, food, national security and the economy.

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Cheeseburger Gothic Tuesday, December 2, 2025 - 13:51 Source

It was a revelation being at home with Jane through Covid. The first couple of weeks she worked from the second desk in my office, where I’m typing this right now. I quickly gained an appreciation for her ferocious work ethic, but also for how she had to deploy it in the face of constant demands on her focus from other people in her work life.

Eventually we moved her into a spare room and after that of course, she returned to her office in the world of the real things.

I retained my appreciation for just how lucky I was to work in my own space, by myself. And let me tell you, I’m feeling that right now.

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Renew Economy Tuesday, December 2, 2025 - 13:47 Source

Brigalow gas peaker, CS Energy

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Renew Economy Tuesday, December 2, 2025 - 13:42 Source
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MacroBusiness Tuesday, December 2, 2025 - 13:30 Source

Australian dwelling values marched higher in October, hitting a record high $979,000 median value across the combined capital cities, according to PropTrack. Since the beginning of the Covid-19 pandemic in March 2020, Australian dwelling values have surged in value by 59%, led by explosive growth across Brisbane, Perth, and Adelaide where prices have roughly doubled.

The post Affordability ceiling will stunt house prices appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 2, 2025 - 13:00 Source

You can have AI or immigration, but not both unless you want a labour market disaster. But, as usual, we’ll have to find that out the hard way. At least, Aussie youth will. The Albanese government has decided against legislation to manage artificial intelligence, with a new national roadmap emphasising Labor’s focus on the technology’s

The post You can have AI or immigration but not both appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 2, 2025 - 12:30 Source

Last week, AMP chief economist Shane Oliver estimated that Australia had a cumulative shortage of at least 220,000 homes and possibly up to 300,000. “Starting in the mid-2000s annual population growth jumped by around 150,000 people largely due to a surge in net immigration– see the blue line”, Oliver wrote. “This should have been matched

The post Australian housing market engulfed by shortages appeared first on MacroBusiness.

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Renew Economy Tuesday, December 2, 2025 - 12:27 Source
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MacroBusiness Tuesday, December 2, 2025 - 12:00 Source

It’s fixed! Two of China’s private data agencies skipped releasing monthly home sales figures without explanation, clouding the outlook for a key segment of Asia’s largest economy after fresh turmoil triggered by state-backed developer China Vanke Co. China Real Estate Information Corp. and China Index Academy, which are among the country’s biggest private property data providers,

The post China buries crashing real estate data appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 2, 2025 - 11:30 Source

With the release of the latest data from pollster RedBridge, it was revealed that the Coalition’s share of the primary vote had fallen to just 24% at a federal level. It’s worth noting that over 85% of this poll was conducted before the Coalition abandoned its commitment to ‘Net Zero’ by 2050. The extent to

The post Liberals fight for their political lives appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 2, 2025 - 11:00 Source

The Bitcoin bust continues. The Market Ear. Keep it simple BTC continues trading inside the perfect trend channel that has been in place since the puke began. Note the reversals off the 21 day. Source: LSEG Workspace Make or break BTC has traded inside a huge range since last October. 80k is range lows (75k

The post Do we believe the golden rocket or the bitcoin bust? appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 2, 2025 - 10:30 Source

Former federal Labor MP Craig Emerson has written an article in The New Daily slamming those arguing for lower, more sustainable levels of immigration. Emerson’s main argument is that a strong immigration program is necessary to prevent Australia’s population from ageing: Apart from pointing out the obvious that, other than First Nations people we are

The post Craig Emerson pumps Big Australia lies appeared first on MacroBusiness.

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Renew Economy Tuesday, December 2, 2025 - 10:08 Source
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MacroBusiness Tuesday, December 2, 2025 - 10:00 Source

The Greens are right about gas. On Monday, the Greens signalled they would use that leverage to block any mechanism that “financially incentivises” gas production, and declared a levy on LNG exporters the only viable approach to rebalance the market without underwriting new development. Greens resources spokeswoman Steph Hodgins-May said Australia had ample supply and

The post Greens move to break the gas cartel appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 2, 2025 - 09:30 Source

We have warned repeatedly that the state of Victoria is on the path to financial ruin. Victoria has the highest per capita debt in the nation and the lowest credit rating. The Victorian Auditor‑General cautioned last month that debt, deficits, and infrastructure blowouts pose serious long‑term risks to the state’s financial sustainability. Victoria’s liabilities now

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Renew Economy Tuesday, December 2, 2025 - 09:25 Source
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MacroBusiness Tuesday, December 2, 2025 - 09:00 Source

Overnight saw what could be the beginnings of a risk off mood as Wall Street was unable to get moving after the weekend, helped along by a dumping of crypto as Bitcoin made new lows. All eyes are still on the Fed’s December meeting where a rate cut is a given, but overnight saw some

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 2, 2025 - 07:07 Source

Just when you think it’s safe to dip back into forex markets, the Japanese bond shock returns. At least this time, it is yields, not currency. Helped by the dovish Fed. AUD can’t rise while Japan threatens bond meltdown. CNY remains supportive. Gold senses something is amiss. Metals mania continues. Miners firmed. EM is stalled.

The post Australian dollar bond bashed in Tokyo appeared first on MacroBusiness.

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Your Democracy Tuesday, December 2, 2025 - 06:55 Source

New polling reveals a clear and sustained decline in public approval of Trump and his policies that is already reshaping US electoral prospects, with significant implications for Congress and beyond.

There has been a significant and measurable decline in Americans’ assessment of President Trump.

 

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Your Democracy Tuesday, December 2, 2025 - 05:44 Source

NATO members should find ways to be more aggressive towards Russia, the US-led bloc’s top military chief has said.

Admiral Giuseppe Cavo Dragone, chair of the NATO Military Committee, told the Financial Times in an interview published on Sunday that member states have been weighing options to respond to what he described as Russia’s “hybrid war.”

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Your Democracy Tuesday, December 2, 2025 - 05:22 Source

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MacroBusiness Tuesday, December 2, 2025 - 00:05 Source

The Albanese government has already ignited the housing market with its 5% deposit scheme for first home buyers. Now housing minister Clare O’Neil is busy spruiking Labor’s Help to Buy shared equity scheme, which launches on 5 December 2025 and is designed to make home ownership more accessible by allowing eligible buyers to purchase a

The post Labor pours more fuel on Australia’s housing bonfire appeared first on MacroBusiness.

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Your Democracy Monday, December 1, 2025 - 20:25 Source

While prominent figures in the political and academic worlds bitterly acknowledge the failure of the European project they have always championed, Brussels institutions are multiplying decisions that reveal France's growing powerlessness to influence the European Union.

 

Europe Running Out of Breath: When Liberals Confess to the Failure of the European Dream

Article of General Interest

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Renew Economy Monday, December 1, 2025 - 19:23 Source
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