Blogotariat

Oz Blog News Commentary
Renew Economy Monday, October 13, 2025 - 14:44 Source
Read more Views: 37
Renew Economy Monday, October 13, 2025 - 14:21 Source
Read more Views: 37
MacroBusiness Monday, October 13, 2025 - 14:14 Source

The Albanese government has responded to widespread concerns and dumped its proposal to tax unrealised gains on superannuation balances of above $3 million without indexation. Instead, Treasurer Jim Chalmers announced the following significant changes to the Division 296 extra tax on superannuation balances: The tax will no longer apply to unrealised gains. This was poorly designed

Read more Views: 40
MacroBusiness Monday, October 13, 2025 - 14:00 Source

Roy Morgan has released its labour force estimates for September, which reported a solid decline in both unemployment and underemployment. According to Roy Morgan, unemployment decreased by 37,000 to 1,739,000 (down 0.3% to 10.8% of the workforce) while under-employment dropped 243,000 to 1,499,000 (down 1.6% to 9.3%). However, as illustrated below, both unemployment and underemployment

Read more Views: 55
THE BLOT REPORT Monday, October 13, 2025 - 13:55 Source

Everyone knows that politicians and their supporters lie. Not long after I began this blog in early 2017, I wrote a piece about how politicians lie and I gave some examples of the different types of lying. They include such types as barefaced lies, butler lies, coverups, lying by omission, false advertising and several others1.

Read more Views: 63
MacroBusiness Monday, October 13, 2025 - 13:30 Source

Michael Hartnett at BofA has good news for Australia. Zeitgeist:“Having lunch with X and he is asking should he invest in physical gold or silver or is it too late as his wine investments have been tanking?”–brother-in-law. The Price is Right: price action since Fed cut good for cash-needy not-for-profit tech(XBI, ARKK), bad for rate-sensitive

The post Australia rushes towards golden 1890s appeared first on MacroBusiness.

Read more Views: 55
MacroBusiness Monday, October 13, 2025 - 13:00 Source

Update: Treasurer Jim Chalmers announced this afternoon that Labor has dumped its unrealised superannuation tax proposal, as well as made several other worthwhile changes. A full breakdown of these changes is available here. Original article below: ———————————————————————————————– The head of Treasury’s revenue group, Diane Brown, has told Senate estimates that the Prime Minister’s office had

Read more Views: 31
MacroBusiness Monday, October 13, 2025 - 12:30 Source

Not that it was ever really a serious push, and paltry efforts make for paltry returns. Golden Week sales are in and pfft. Domestic interregional passenger travel rose 6.2% year over year but major merchants’ and caterers’ retail sales gained just 2.7% year over year. This is still down 2.6% versus pre-COVID. Overall, Golden Week

The post China’s consumer push fails appeared first on MacroBusiness.

Read more Views: 30
Cheeseburger Gothic Monday, October 13, 2025 - 12:02 Source

I just spent a very satisfying hour entering every verified instance of Anthropic stealing my books to train their AI into the official settlement claim site. Not so satisfying? I only had five claims to make because my useless publishers didn’t register the copyright of most of my books.

I have no idea what sort of payout I’ll get, but the early reports are talking about a couple of grand for each title. Some peeps are holding out for more, but of course, doing that risks getting nothing.

So I’mma just take my windfall now and walk away, I reckon.

Read more Views: 38
MacroBusiness Monday, October 13, 2025 - 12:00 Source

Last week, Reserve Bank of Australia (RBA) governor Michele Bullock was grilled by Greens senator Nick McKim about the RBA’s role in the housing crisis. “The $400 billion that the RBA printed in the early year or two of COVID and effectively handed over to retail banks, who then turn around and lend it into

The post RBA not to blame for housing crisis appeared first on MacroBusiness.

Read more Views: 37
Renew Economy Monday, October 13, 2025 - 11:59 Source
Read more Views: 38
Renew Economy Monday, October 13, 2025 - 11:52 Source
Read more Views: 41
MacroBusiness Monday, October 13, 2025 - 11:30 Source

From the Market Ear: Here we go SPX trading below trend channel lows for the first time since the latest bull started. Note we are below the 21 day. 50 day comes in at 6600 (futures). We outlined the fading momentum earlier this week, but first let’s see how this closes today. NASDAQ technicals NASDAQ

The post Volatility monster awakens, leverage bites, bulls bleed appeared first on MacroBusiness.

Read more Views: 32
Your Democracy Monday, October 13, 2025 - 11:12 Source

As he boarded the night train to Ukraine, Boris Johnson had the usual entourage of aides and bodyguards – plus the man who had given him £1m.

Read more Views: 61
MacroBusiness Monday, October 13, 2025 - 11:00 Source

The Queensland government has significantly undermined the Albanese government’s ambitious 62% to 70% emissions reduction target by 2035 by extending the lifespan of the state’s coal-fired generation until the mid-2040s or later. Queensland Treasurer and Energy Minister David Janetzki released the Liberal National Party government’s five-year energy road map on Friday. It called for the

The post Queensland abandons ‘net zero’ appeared first on MacroBusiness.

Read more Views: 38
xkcd.com Monday, October 13, 2025 - 11:00 Source

When Galileo dropped two weights from the Leaning Tower of Pisa, they put him in the history books. But when I do it, I get 'detained by security' for 'injuring several tourists.'

Read more Views: 16
MacroBusiness Monday, October 13, 2025 - 10:30 Source

There is justice in the world, after all. Santos’ GLNG gas export venture in Queensland is emerging as likely to be the biggest casualty in the reforms expected from Labor’s review of the east coast gas market rules, with one analyst estimating it could face a hit of up to several hundred million dollars a

The post Will killing Santos fix gas? appeared first on MacroBusiness.

Read more Views: 35
MacroBusiness Monday, October 13, 2025 - 10:00 Source

As the debate over the impact of international students continues, the number of myths being repeated continues to grow, particularly on social media. So, rather than getting bogged down with directly addressing various narratives or making commentary on the various issues, today, the data will be doing all the talking. International Students and Housing Back

The post Busting international student myths appeared first on MacroBusiness.

Read more Views: 29
MacroBusiness Monday, October 13, 2025 - 09:30 Source

In an address to the National Press Club, BlueScope CEO Mark Vassella warned that Australia risks following the United Kingdom’s industrial decline if the federal government fails to fix the gas market. Vassella and other industry leaders say that without cheaper gas, the federal government’s Future Made in Australia policy is doomed, and Australia will

The post Labor in civil war over gas reservation appeared first on MacroBusiness.

Read more Views: 32
The Tally Room Monday, October 13, 2025 - 09:30 Source

As part of my efforts to prepare election guides for all of the upcoming elections, I have now published a guide to the 2027 NSW state election. While that election is still almost a year and a half away, the lack of redistributions in NSW (and Victoria) has allowed me to prepare guides for those elections a long way out.

Read more Views: 32
MacroBusiness Monday, October 13, 2025 - 09:00 Source

Wall Street was sent significantly lower on Friday night as the Trump regime was played again by the Chinese in the ongoing trade war, with another TACO trade brewing. After glowing up all week the NASDAQ fell back nearly 4% while the USD fell back against nearly everything and US Treasury yields retreated alongside oil

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 29
MacroBusiness Monday, October 13, 2025 - 07:15 Source

The Trump Always Chickens Out (TACO) trade is on this morning after some mollifying words overnight. President Donald Trump’s administration signaled openness Sunday to a deal with China to quell fresh trade tensions while also warning that recent export controls announced by Beijing were a major barrier to talks. Vice President JD Vance called on

The post Australian dollar feasts on new Trump TACO appeared first on MacroBusiness.

Read more Views: 32
Your Democracy Monday, October 13, 2025 - 06:55 Source

In March 2023, the Australian Academy of the Humanities sounded the alarm on the decline in our understanding and knowledge of China through a report on “ Australia’s China Knowledge Capability”.

Read more Views: 25
John Quiggin Monday, October 13, 2025 - 04:40 Source

Labor looks like becoming the “natural party of government”, but in doing so, it is abandoning its traditional role as the party of initiative. In this post, I’ll discuss the first of these points

Labor as the natural party of government

Read more Views: 38
John Quiggin Monday, October 13, 2025 - 04:37 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

Read more Views: 27
Your Democracy Monday, October 13, 2025 - 02:22 Source

Read more Views: 45
MacroBusiness Monday, October 13, 2025 - 00:05 Source

According to analysis from the Parliamentary Budget Office (PBO), the federal budget could face a $58 billion revenue decline if average productivity growth remains at 0.5% over the next four years. This forecast is deemed credible by economists amid criticism of Treasurer Jim Chalmers’ higher estimate of 1.2%. Australia’s productivity growth has averaged only 0.1%

Read more Views: 53
Renew Economy Sunday, October 12, 2025 - 20:20 Source
Read more Views: 54
Your Democracy Sunday, October 12, 2025 - 18:39 Source

What a difference a few months makes. The last time Indian Prime Minister Narendra Modi and US President Donald Trump met at the White House in February, the two countries were riding high.

Read more Views: 36
Club Troppo Sunday, October 12, 2025 - 17:26 Source

No-one really knows the most cost-effective treatments for mental ill-health. But among the most promising candidates seems to be: take the dog for a walk. Illustration: A cost-effective mental resource takes a break from promoting healthy exercise and lifting spirits … Continue reading →

Read more Views: 43

Pages