Blogotariat

The past month has seen a procession of opinion polls proving that Australians reject excessively high immigration levels. Polling by Macquarie University’s Housing and Urban Research Centre showed that two-thirds (66%) of respondents believe that Australia should reduce the rate of immigration to address the housing crisis: Resolve Political Monitor’s polling of 1,800 Aussies from

There is nothing gold likes less than a strong DXY supported by a hawkish central bank. The Market Ear. Watching $3900 Gold putting in another big down candle. $3900 is the line in sand level to watch (50 day comes in slightly lower). A close below that area and things could accelerate further to the

The post Into the golden toilet appeared first on MacroBusiness.

The Bell Bay smelter given another year to do a deal with Hydro Tasmania as the state government leans on federal support to keep it going longer.

I reported earlier this week that the number of temporary visa holders in Australia (excluding visitors) hit a record high of 2,547,000 in the September quarter of 2025, up 83,200 on the prior year’s record: The share of Australia’s population on temporary visas has also ballooned to a record high of 9.2%, up from 7.2%

The post Indians exploit Australia’s visa system appeared first on MacroBusiness.

Mike Burgess, director-general of the Australian Security Intelligence Organisation (ASIO), warned that a foreign government might attempt to kill a dissident on Australian territory, and the majority of outlets carried his warning overnight. In a speech to Sydney’s Lowy Institute think tank yesterday night, the head of ASIO stated that there was a “realistic possibility”

God save me from the eggheds of the RBA. RBA governor Michele Bullock, in her opening statement addressing a press conference, says the central bank may have misjudged “the gap” between supply and demand in the economy. “Overall, when we take into account a broad range of indicators, we judge that the labour market is

The post RBA drops Ukraine War 2.0 on households appeared first on MacroBusiness.

On July 4, 1776, America freed itself forever, it believed, from the tyrannical rule of kings. Yet here we are today, almost 250 years later, as millions of Americans are gearing up for the 2028 presidential election, contemplating the possibility that Donald Trump will opt to remain in power. And it’s not altogether beyond the realm of possibility.

Current climate policies put the planet on course for a 2.8C temperature rise by the end of the century and require faster and bigger additional reductions.

The second two gigawatt-hour battery to be built in the old coal town of Collie has started operations – part of an extraordinary transformation of the town into a massive storage bank.

Last week, I reported on the latest annual national accounts from the Australian Bureau of Statistics (ABS), which showed that the total value of residential land in Australia increased by 7.0% during the 2024-25 financial year to a record $8.3 trillion. The next chart shows that total residential land values in Australia have skyrocketed from

The post Australia’s housing bubble is really a land bubble appeared first on MacroBusiness.

Installation completed of all 66,000 solar panels at what will be Australia's largest off-grid renewable project, as another remote mine shifts from fossil fuels.

I think I was eating a sandwich… No. No, it was a wrap. That’s right. I had some leftover rice and maple-baked salmon, and I decided to heat that up for lunch. And thus, for the forty-second year in a row, I missed the Melbourne Cup.

Normally I do it on purpose, because I’m weird. (I missed it when I was 19 and felt quite special, so I kept on missing it, each year, on purpose. But this year, I just forgot it was on.

Can confirm the tradies working on my roof didn’t stop either. They just kept bashing away at the job, for which I’m grateful.