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Your Democracy Thursday, November 27, 2025 - 05:44 Source

Two rival peace proposals for Ukraine have emerged – one from the US, echoing long-standing Russian demands, and another from Europe. Kyiv has rejected the US plan as written, insisting its sovereignty cannot be bargained away.

A flurry of recent diplomatic activity has seen two competing peace plans for Ukraine emerge.

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MacroBusiness Thursday, November 27, 2025 - 00:05 Source

This week, Cotality released its housing affordability report for the September quarter of 2025, which reported abysmal affordability across the nation for both purchases and rent. In response, AMP chief economist Shane Oliver produced a report explaining how Australia’s mass immigration policy has eroded housing affordability by creating a structural imbalance between supply and demand.

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Renew Economy Thursday, November 27, 2025 - 00:03 Source
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Renew Economy Thursday, November 27, 2025 - 00:01 Source
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Renew Economy Wednesday, November 26, 2025 - 21:06 Source
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Your Democracy Wednesday, November 26, 2025 - 17:42 Source

Over three and a half years into the conflict, US president Donald Trump is trying to sell the world on a grand bargain for Ukraine – a peace plan, based on discussions with all parties and originally laid out in 28 points. After a tense weekend of talks in Geneva, that plan has been cut down and rebranded as an “updated and refined peace framework,” but the core reality hasn’t changed: Washington, key EU capitals, Kiev and Moscow are all reading from different scripts.

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MacroBusiness Wednesday, November 26, 2025 - 17:00 Source

A cracking CPI print has sent the Australian dollar soaring against USD while Asian equity markets have lifted strongly across the region.  With the shortened trading week due to US Thanksgiving other risk markets are effectively in a holding pattern although oil prices continue to drip lower.  Currency land continues to digest the growing possibility

The post Macro Afternoon appeared first on MacroBusiness.

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Cheeseburger Gothic Wednesday, November 26, 2025 - 16:35 Source

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Your Democracy Wednesday, November 26, 2025 - 16:31 Source

 

Do you know how to trace the path your water takes before it comes out of your tap?

Can you name five edible native plants from your region?

Are you familiar with the lunar cycles and the growing seasons of your local plants?

In reality, what knowledge do you have of your territory, what connection do you have with the soil you walk on, with the living beings with whom you share your life?

 

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Your Democracy Wednesday, November 26, 2025 - 15:08 Source

Transcript of Steve Witkoff's conversation with Yuri Ushakov on October 14

[phone rings]

Steve Witkoff: Hi Yuri.

Yuri Ushakov: Yeah Steve hi, how are you?

SW: Good Yuri. How you doing?

YU: I am ok. Congratulations my friend.

SW: Thank you.

YU: You made a great job. Just a great job. Thank you so much. Thank you, thank you.

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Renew Economy Wednesday, November 26, 2025 - 14:14 Source
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MacroBusiness Wednesday, November 26, 2025 - 14:00 Source

Man, you can never say never in markets. From FT Alphaville. Remember about a month ago, when gold hit an all-time high, lots of commentators got on their hobby horses to huff about currency debasement? Then another set of commentators called nonsense on that idea, saying gold demand was probably just dollar avoidance plus momentum?

The post Gold in them thar Tether appeared first on MacroBusiness.

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Renew Economy Wednesday, November 26, 2025 - 13:30 Source
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MacroBusiness Wednesday, November 26, 2025 - 13:30 Source

Each year, the Auditor‑General releases a report assessing Victoria’s consolidated financial statements. The Victorian Auditor‑General’s Report on the Annual Financial Report of the State of Victoria 2024–25 has been released amid the state facing record debt levels, the threat of further credit rating downgrades, ongoing industrial disputes (e.g., teachers and health workers), and scrutiny over

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Renew Economy Wednesday, November 26, 2025 - 13:19 Source

Induction Cooking

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Renew Economy Wednesday, November 26, 2025 - 13:18 Source
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MacroBusiness Wednesday, November 26, 2025 - 13:00 Source

Between the growing leaks from within the Liberal Party on how Opposition Leader Sussan Ley’s leadership is terminal and the odds of bookies now showing Andrew Hastie as the odds-on favourite to be the next leader of the Coalition, Hastie’s ascension to the top job on the Australian right is increasingly seen to be a

The post Hastie’s big polling problem appeared first on MacroBusiness.

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Renew Economy Wednesday, November 26, 2025 - 12:35 Source
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MacroBusiness Wednesday, November 26, 2025 - 12:30 Source

Always follow the Fed. The Market Ear. Keep it simple… …follow the 10 year, but the US outlook is murkier than many think. Hatzius’ (GS) call for a Dec-10 rate cut lines up with softer alternative labor data showing the economy may be losing momentum. The slowdown may be necessary: once tariffs fade, tax cuts

The post Follow the Fed appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 26, 2025 - 11:42 Source

The Australian Bureau of Statistics (ABS) has debuted its highly anticipated “complete” monthly consumer price index. This new monthly CPI indicator is a major upgrade—covering nearly the entire consumption basket, using richer data sources, and giving policymakers and the public a real-time view of inflation rather than waiting for quarterly updates. The results for October

The post Aussie inflation spikes, shocking RBA appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 26, 2025 - 11:30 Source

My learned colleague, LVO, today argues that wind farms are environmentally destructive. He makes some excellent points about their ecological footprint in land-clearing practices. I would only counter by saying that most of Australia’s best wind resources are in pretty remote regions. This raises the question of whether the wind resources will remain sufficient given

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Renew Economy Wednesday, November 26, 2025 - 11:17 Source
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Renew Economy Wednesday, November 26, 2025 - 11:15 Source

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Your Democracy Wednesday, November 26, 2025 - 11:10 Source

The servant of the people has his hand in the cookie jar

While soldiers die on the battlefields afar

But the Guardian tells us all is okay

and that the President Yuckrainian can be cocky

 

             Robert Urbanoski — November 2025

 

Are we too smart for the status of our animality?

Do we need religion to help poor people cope with angst?

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MacroBusiness Wednesday, November 26, 2025 - 11:00 Source

Renew Economy reported on Andrew (Twiggy) Forrest’s 414-megawatt (MW) Uungula Wind Farm, which has begun pouring concrete foundations for 69 turbines: “Squadron—controlled by iron ore billionaire and green energy evangelist Andrew Forrest—revealed that 11 foundations had already been poured, with foundation anchor cages currently being assembled in preparation for reinforcing steel installation and further concrete

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MacroBusiness Wednesday, November 26, 2025 - 10:30 Source

DXY copped it last night on a swath of bad data. AUD rose, but in the circumstances, it was pretty subdued. CNY took off. JPY reversed with yields, but it’s not persuasive yet. Gold up, oil down. AI metals struggled. The chosen one launched. EM too. Junk is back. As yields tumble. Reducing stocks. Bad

The post Australian dollar jumps as US economy stumbles appeared first on MacroBusiness.

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Renew Economy Wednesday, November 26, 2025 - 10:07 Source
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MacroBusiness Wednesday, November 26, 2025 - 10:00 Source

Abul Rizvi is a strange guy. He has spent years attacking me and howling “racism” at anybody calling for lower, more sustainable levels of immigration. Yet when pushed, Rizvi often holds similar views. The latest case in point is Rizvi’s hand-wringing over the Albanese government’s failure to control immigration, which he claims empowers extremists. In

The post So, Abul Rizvi also supports lower immigration? appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 26, 2025 - 09:30 Source

What price Australian smelters? Major global companies like Trafigura, Glencore and Rio Tinto are all negotiating what additional financial assistance federal and state governments are willing to provide to keep aged, uncompetitive smelters operating in Australia. …China has created a worldwide glut of refining and smelting capacity. That has driven down prices and viability for smelters in

The post As go cars, goes smelters appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 26, 2025 - 09:00 Source

Overnight solid earnings on tech stocks sent Wall Street higher even though NVIDIA is off somewhat with additional US economic data (or lack thereof due to the Trump regime hiding the bad news) reinforcing the notion that the December rate cut from the Fed is firming, giving a general boost to risk markets. The USD

The post Macro Morning appeared first on MacroBusiness.

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