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Renew Economy Wednesday, October 29, 2025 - 15:18 Source
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Renew Economy Wednesday, October 29, 2025 - 14:46 Source
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MacroBusiness Wednesday, October 29, 2025 - 14:00 Source

A recent examination of freedom of information (FOI) requests called into question the Albanese government’s commitment to transparency. The Centre for Public Integrity, an independent research institute, discovered that 24% of FOI requests were denied during Labor’s first term in office. In comparison, the proportion of applications denied fluctuated between 10% and 18% during the

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Renew Economy Wednesday, October 29, 2025 - 13:35 Source
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MacroBusiness Wednesday, October 29, 2025 - 13:30 Source

The Economist does not like Donald Trump and is enjoying his polling. Last week Steve Bannon told our editors that Donald Trump would serve an unconstitutional third term. On Monday Mr Trump said, “I would love to do it—I have the best numbers ever.” We have an update on those numbers. They’re not the best

The post Beware the Trump dump appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 29, 2025 - 13:00 Source

Perth’s housing market has experienced one of the nation’s biggest price booms since the beginning of the Covid-19 pandemic, with dwelling values soaring by 102% since March 2020, according to PropTrack: Despite the surge in values, Perth’s housing market remains relatively affordable compared to the other major capital cities. According to Domain, Perth is the

The post Perth leads booming housing market appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 29, 2025 - 12:30 Source

In the debate surrounding immigration levels and population growth more broadly, the status quo is often described as normal, as if it were simply part of the natural order of things. Yet when comparing Australia’s population growth with that of the rest of the developed world, as IFM Investors Chief Economist Alex Joiner does below,

The post Australia is the odd one out on immigration appeared first on MacroBusiness.

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Renew Economy Wednesday, October 29, 2025 - 12:14 Source
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Renew Economy Wednesday, October 29, 2025 - 12:08 Source
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MacroBusiness Wednesday, October 29, 2025 - 11:46 Source

The likelihood of a near-term rate cut has been shattered with Wednesday’s Q3 CPI release from the Australian Bureau of Statistics (ABS). The policy-relevant trimmed mean inflation spiked by 1.0% in Q3, well above the median economists’ forecast of a 0.8% rise. This took the annual trimmed mean CPI to 3.0% – the very top

The post Inflation spike kills rate cut hopes appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 29, 2025 - 11:30 Source

TS Lombard gives us the company view of the new Five Year Plan. First, consensus expectations for 2026 GDP are too bearish. Xi Jinping has recommitted the CCP to doubling 2020 per capita GDP by 2035 (just as we forecasted!) This entails a growth rate of ~4.6% yoy to reach that goal. While we do

The post China’s Five Year Plan to nowhere appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 29, 2025 - 11:00 Source

Here it is comes! Waymo is talking to local regulators about trialling the company’s self-driving taxis in Australia, as the autonomous vehicle company begins lobbying governments around the country. Owned by Google’s parent company Alphabet, Waymo describes itself as the “world’s first autonomous ride-hailing service” and says its vehicles have completed 10 million driverless rides

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xkcd.com Wednesday, October 29, 2025 - 11:00 Source

Carefully maneuvering the balloon down a mineshaft in an effort to break the OTHER altitude record

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MacroBusiness Wednesday, October 29, 2025 - 10:30 Source

The IEA has done an analysis of the immense looming global gas glut. It is even bigger than I thought. Following the supply shock of 2022/23, natural gas markets moved towards a gradual rebalancing in 2024 and 2025. During this period, supply fundamentals remained tight and prices stayed well above their historic levels. This limited

The post Energy superidiot fiddles while global gas burns appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 29, 2025 - 10:00 Source

Australia is the world’s leader in creating products and policies that load households with debt. This year, we have seen the federal Labor government introduce its 5% deposit scheme for first home buyers as well as exclude student debts from loan servicing calculations. We have also seen Australian lenders announce new stimulatory mortgage products, including 40-year

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MacroBusiness Wednesday, October 29, 2025 - 09:30 Source

It’s a new paradigm for stocks! The Market Ear. Retail buying still relentless 1.October, September, and August 2025 mark the biggest monthly retail buy imbalances since 2019, with September hitting a record ~$3bn in a single day. 2. Since the S&P 500’s April 8th low, retail traders have poured in roughly $292bn, more than any

The post Punters drive stock markets mad appeared first on MacroBusiness.

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MacroBusiness Wednesday, October 29, 2025 - 09:00 Source

Wall Street rallied again overnight on the continued potential US-China trade deal as risk markets pivot towards the expected rate cut from the Federal Reserve this week. The USD pulled back against some of the majors, particularly against the burgeoning Canadian Loonie as PM Mark Carney continues his Operation “Reach Around” while Euro range traded

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Wednesday, October 29, 2025 - 07:47 Source
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MacroBusiness Wednesday, October 29, 2025 - 07:08 Source

DXY faded a little. AUD roared on the spot. CNY faded. Gold is going lower. Oil can’t even squeeze the shorts. AI metals are the new gold. RIO is the chosen one. EM to the moon. Junk needs to stay green. Yields are melting except in Australia, where the RBA has dislocated the bond market.

The post Australian dollar roars on the spot appeared first on MacroBusiness.

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Your Democracy Wednesday, October 29, 2025 - 06:55 Source

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Your Democracy Wednesday, October 29, 2025 - 05:44 Source

 

It’s the largest living structure on Earth, 3000 individual reefs, 900 islands, 1430 miles, and it may be collapsing.

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Your Democracy Wednesday, October 29, 2025 - 05:22 Source

 

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Your Democracy Wednesday, October 29, 2025 - 04:54 Source

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MacroBusiness Wednesday, October 29, 2025 - 00:05 Source

The Australian Bureau of Statistics (ABS) has released its annual national accounts for the 2024-25 financial year, which includes extensive data on land values. Land values underpinning the Australian housing market increased by 7.0% during the 2024-25 financial year. In 2024-25, Australia’s land was valued at $9.8 trillion, with residential land accounting for 85% ($8.3

The post Australia’s residential land bubble swells appeared first on MacroBusiness.

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Renew Economy Wednesday, October 29, 2025 - 00:01 Source
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Your Democracy Tuesday, October 28, 2025 - 21:37 Source

French President Emmanuel Macron is preparing to intervene militarily in Ukraine, Russia’s Foreign Intelligence Service (SVR) has claimed. In a statement published on Monday, the agency’s press department suggested that he desperately wants to leave his mark on history.  

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Your Democracy Tuesday, October 28, 2025 - 19:53 Source

US President Donald Trump has promised sweeping support for Japan and its new prime minister, Sanae Takaichi, amid the intensifying rivalry with China in the Indo-Pacific.

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MacroBusiness Tuesday, October 28, 2025 - 16:30 Source

A few wobbles across Asian share markets with the catalyst of another potential rare earth trade deal between the Trump regime and Japan helped Yen strengthen against USD. The fallout from Friday’s not so firm US CPI print is keeping the USD down against most of the majors as expectation of a cut from the

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, October 28, 2025 - 16:07 Source
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Renew Economy Tuesday, October 28, 2025 - 15:09 Source
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