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MacroBusiness Thursday, November 27, 2025 - 12:00 Source

The Australian Financial Review recently reported that the cost of the NDIS continues to escalate. According to the latest data, the cost growth in NDIS plans was 9.5% year-on-year in the September quarter, with expense growth up by 10.1%. Examining these numbers clearly warranted a closer look at the system’s participant growth. Since the end

The post NDIS blow out saves the economy appeared first on MacroBusiness.

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Your Democracy Thursday, November 27, 2025 - 11:46 Source

HOPE IS AN IMPERSONAL HEROE…..

Who tries to defy net zero

contrarily to RATIONEMACY

Forgetting SAPIENTIAMACY

And abandoning IUSTUMACY

The eternal rose on my desk

Could appear as grotesque

Being made of fine Chinese silk

Like so many fakes of her ilk

Contemplating alternative to DUMBOCRACY

There’s no answers in the aequus of MAGICRACY

Sprinkling dust into our naive eyes

As we see pies in the stormy skies

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MacroBusiness Thursday, November 27, 2025 - 11:30 Source

The Australian Youth Barometer 2025, produced by Monash University’s Centre for Youth Policy and Education Practice (CYPEP), is the fifth annual study of young Australians aged 18–24. It combines surveys (527 participants), interviews, and existing national data to explore youth experiences across economy, work, education, health, relationships, and civic participation This year’s survey paints a

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Renew Economy Thursday, November 27, 2025 - 11:10 Source
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MacroBusiness Thursday, November 27, 2025 - 11:00 Source

Many will argue that there is no AI bubble. The poster child of the bubble, NVDA, is not running away from profits on valuation. However, bubbles always have a kernel of truth, and that truth distorts underlying economic behaviour. In 1999, it was Cisco profits on routers. Note what happened to profits when the bubble

The post What will burst the AI bubble? appeared first on MacroBusiness.

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MacroBusiness Thursday, November 27, 2025 - 10:30 Source

The ferrous complex remains paralysed with iron ore caught in an obvious trading range between $100 and $107. CISA data for mid-November was still bearish, rising slightly but below last year’s levels. Inventory rose commensurately. Yet, hot metal output remains strong. According to an SMM survey, on November 26, the blast furnace operating rate at

The post Iron plays chicken with Beijing appeared first on MacroBusiness.

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MacroBusiness Thursday, November 27, 2025 - 10:00 Source

Getting an early assessment of a new treasurer can be quite unfortunate. Especially for the treasurer. In June 2022, MB warned the newly elected Albanese government that a fateful energy shock was underway, one that would destroy its domestic agenda, while the government took a victory lap around the country. We went so far as

The post Jim Chalmers has destroyed the economy appeared first on MacroBusiness.

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MacroBusiness Thursday, November 27, 2025 - 09:30 Source

Roy Morgan reported that mortgage stress hit its lowest level since February 2023, following the three 0.25% rate cuts from the Reserve Bank of Australia (RBA). In the three months to October 2025, 25.3% of mortgage holders were deemed by Roy Morgan to be ‘At Risk’ of ‘mortgage stress’, down 2.6% points from August 2025

The post Aussie mortgage stress to climb higher appeared first on MacroBusiness.

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MacroBusiness Thursday, November 27, 2025 - 09:00 Source

Again the lack of bad news and the Thanksgiving cheer gave Wall Street another boost which should translate into steady returns on Asian equity markets in today’s session. The near certainty of a rate cut by the Fed in tis December meeting is the juice that is powering risk makets at the moment with the

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Thursday, November 27, 2025 - 08:29 Source

MORE THAN A HANDSHAKE, THER ARE RECORDS OF THE PROMISE MADE BY REAGAN TO GORBACHEV....

 

MORE TO COME.

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT — SINCE 2005.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

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Your Democracy Thursday, November 27, 2025 - 08:26 Source

US–Israel manoeuvring over Gaza is already widening the conflict. As Sudan burns and propaganda intensifies, Iran may be the next target — with Australia again at risk of being drawn in.

The ‘Board of Peace’ in Gaza that the US and Israel got the UN Security Council to agree on will be anything but that. And the Palestinian Authority went along with it. Now watch the Zionists’ war elevator as it moves up another level: Iran.

 

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MacroBusiness Thursday, November 27, 2025 - 07:29 Source

DXY is falling again. AUD launched. CNY is supportive. Japan is better but no cigar. Gold is good. AI metals, or should we call them Fed metals, jumped. The chosen one is back. EM lagging. Junk is green. Yields are green. Stocks are green. With the FOMC and RBA charging in apparently different directions, if

The post Australian dollar rampage! appeared first on MacroBusiness.

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Your Democracy Thursday, November 27, 2025 - 07:29 Source

Journalists from Michael West Media have scooped the pool in this year’s Walkey Awards for Excellence in Journalism taking home no less than 28 Walkeys*.This year’s Gold Walkey (not sponsored by Woodside) was a hard-fought affair with Rex Patrick taking out the gong for his body of work on government transparency and Australia’s 60-year campaign to steal Timor’s oil and gas.

 

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Prosper Australia Thursday, November 27, 2025 - 06:36 Source

Prosper Australia’s latest Speculative Vacancies data update reveals a 16% rise – to 31,890 – in totally empty homes in Melbourne over the past year. This rise in empty dwellings has undermined the benefit from new housing supply coming online. Including a further 69,055 underused homes, the total climbs to 100,945. This figure speaks to […]

The post Totally empty homes in Melbourne up 16% first appeared on Prosper Australia.

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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 - 22:00 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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