Blogotariat

Oz Blog News Commentary
xkcd.com Friday, November 28, 2025 - 11:00 Source

A lot of the highway department's budget goes to adjusting the sign whenever the moon passes directly overhead.

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MacroBusiness Friday, November 28, 2025 - 10:30 Source

The robots are coming for your job. Expected capex is through the roof. Via the ABS. Total capital expenditure Estimate 4 for 2025-26 is $191.3b This is 9.4% higher than Estimate 3 for 2025-26 In this very rare case, the outcome is not related to mining. It is AI. Whoa! Westpac is bullish for GDP.

The post AI drives business investment boom appeared first on MacroBusiness.

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MacroBusiness Friday, November 28, 2025 - 10:00 Source

There are some days when an economist can only shake his head in appalled wonder. After the shock jump in monthly inflation on Wednesday, Treasurer Jim Chalmers said the government was still weighing up whether to extend the federal subsidy that is due to expire next month. …National Australia Bank chief economist Sally Auld said

The post Albo mulls gas export levy appeared first on MacroBusiness.

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MacroBusiness Friday, November 28, 2025 - 09:30 Source

On Thursday morning, a press release from APRA with the headline: ‘APRA to limit high debt-to-income home loans to constrain riskier lending’ At first glance, it sounds perfectly reasonable, but once one begins to read into the details, it swiftly becomes clear that it is yet another one of APRA’s wet lettuce leaf approaches to

The post APRA hits property investors with wet lettuce appeared first on MacroBusiness.

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Your Democracy Friday, November 28, 2025 - 09:17 Source

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MacroBusiness Friday, November 28, 2025 - 09:00 Source

With Wall Street closed for Thanksgiving there wasn’t much of a boost for risk markets across the trading complex, with most stock indices finishing where they started and currencies holding on to their recent gains against the USD. The likely rate cut by the Fed in its December meeting is still in play with USD

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Friday, November 28, 2025 - 08:43 Source
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Your Democracy Friday, November 28, 2025 - 08:00 Source

The Vatican has warned Catholics against polygamy, insisting that real marriage is a lifelong and exclusive union of one man and one woman.

In a new doctrinal note backing monogamy signed by Pope Leo XIV and released on Tuesday, the Vatican rejected both polygamy and polyamory, saying these practices rely on “the illusion that the intensity of the relationship can be found in the succession of faces.”

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MacroBusiness Friday, November 28, 2025 - 07:49 Source

DXY was soft overnight with US markets closed for Turkey Day. AUD firmed. CNY stable. The Japanese bust is contained by the Fed. Commodoties were weak without the Wall St inflation pump. EM stocks OK. Junk OK. Yields OK. Stocks closed. Societe Generale has the rub. The RBNZ inspired a big FX move overnight by

The post Australian dollar “absurdly cheap” appeared first on MacroBusiness.

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Renew Economy Friday, November 28, 2025 - 06:57 Source
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Your Democracy Friday, November 28, 2025 - 06:33 Source

As Palestinians face another winter of displacement and bombardment, Australia celebrates Christmas while ignoring its own obligations under international law. If recognition of Palestine is to mean anything, the government must act – not look away.

 

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Your Democracy Friday, November 28, 2025 - 06:00 Source

Ukraine is running out of men, having lost 47,500 troops in October while mobilizing only 14,000, Russian President Vladimir Putin stressed on Thursday. How do the facts on the ground affect the negotiating process?

"The casualty trends are extremely negative for Kiev," National Defense magazine editor-in-chief Igor Korotchenko tells Sputnik. "But despite these highly unfavorable developments, the Zelensky regime continues the conflict with Western support."

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MacroBusiness Friday, November 28, 2025 - 00:01 Source

This week saw the release of two important housing affordability reports from Cotality and Proptrack. Turning to Cotality’s report first, it showed that the median home price relative to median household income nationally hit a record high of 8.2 in Q3 2025, up from 6.4 five years earlier in Q3 2020. The amount of income

The post The end of affordable housing in Australia appeared first on MacroBusiness.

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Your Democracy Thursday, November 27, 2025 - 19:43 Source

While there is no denying that Europe during the last 500 years was the foundation of Western civilization and led the way in the industrial revolution and scientific advancements, it also created a bloody colonial legacy that produced incalculable human suffering across the globe.

 

Why Europe No Longer Matters

by Larry C. Johnson

 

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Renew Economy Thursday, November 27, 2025 - 17:34 Source
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Renew Economy Thursday, November 27, 2025 - 17:31 Source
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Your Democracy Thursday, November 27, 2025 - 16:45 Source

Political analyst Rostislav Ishchenko explores how trade shapes the rise of states, the crisis of U.S. hegemony, and the birth of a new global order.

 

FRED TURNER, Editor

 

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MacroBusiness Thursday, November 27, 2025 - 16:30 Source

Asian equity markets are generally up with the lack of a lead tonight as Wall Street will be closed for thanksgiving (thanking the AI bubble that is stuffing the stock market turkey that it is). Movement has been more regional as Chinese markets react to the latest and slow industrial production numbers while locally capex

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, November 27, 2025 - 15:39 Source
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Renew Economy Thursday, November 27, 2025 - 15:01 Source
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Renew Economy Thursday, November 27, 2025 - 14:46 Source
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Renew Economy Thursday, November 27, 2025 - 14:45 Source
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Renew Economy Thursday, November 27, 2025 - 14:43 Source
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Renew Economy Thursday, November 27, 2025 - 14:20 Source
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MacroBusiness Thursday, November 27, 2025 - 14:00 Source

Undoubtedly, the deterioration in quality has been obvious for years in eastern metropolitan dailies and continues. However, it is important to note that the drivers of the decline have changed marginally. A few months ago, the parent company of the papers sold Domain to the American Costar Group. This raises the question of why Nine

The post Media profits would be much higher with no immigration appeared first on MacroBusiness.

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MacroBusiness Thursday, November 27, 2025 - 13:30 Source

Just how corrupt is Albo? Everybody wants him to crush the gas cartel: 80% of Australians, all of industry and most miners, even the gas cartel itself. Now, farmers. Santos’s blighted Narrabri gas project is facing a new hurdle, with the country’s largest state farming body threatening legal action in a bid to force the state and

The post The gas cartel IS the cost of living shock appeared first on MacroBusiness.

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Renew Economy Thursday, November 27, 2025 - 13:15 Source
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MacroBusiness Thursday, November 27, 2025 - 13:00 Source

By Stephen Saunders The Coalition’s touted policy shifts enable Albanese to sail on with massive immigration, historic rental/housing unaffordability, and steepening power bills. Nominally the Liberal Party mantra is “individual freedom and free enterprise”. With immigration, housing, energy, employment, “United Nations” Labor is interventionist, dirigiste, statist. Donning that Joy Division T-shirt, former student-activist Albanese leads

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MacroBusiness Thursday, November 27, 2025 - 12:30 Source

TechnologyOne boss Ed Chung has rejected claims that restrictive council planning red tape is the source of Australia’s structural housing shortage and crisis. TechnologyOne supplies software to a vast majority of Australian local governments, and Chung argues that councils are being “unfairly targeted” as the primary roadblock to housing supply. “I think local government is

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MacroBusiness Thursday, November 27, 2025 - 12:05 Source

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, is joined by Leith Van Onselen to break down the Pacific’s growing inflation divide—why the U.S. Federal Reserve is edging toward cuts while the Reserve Bank of Australia is holding firm, what’s really driving the split beneath the headline CPI numbers, and what this

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