Blogotariat

After this month’s stronger-than-expected June quarter national accounts release, which saw the economy grow by 0.6% over the quarter (faster than consensus and the RBA’s forecasts), Westpac’s leading index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, has stalled. The six-month annualised growth rate in

The post Aussie economy losing momentum? appeared first on MacroBusiness.

Of the 16 battery project winners from the biggest CIS tender, one is already almost finished, others have started but some will take a year before their owners commit.

On Monday, Shadow Home Affairs Minister Andrew Hastie threatened to quit the opposition front bench unless Coalition leader Sussan Ley abandons the party’s commitment to a net zero emissions target. For more than two decades, the Coalition has been engaging in internal battles over the issue of climate change action. Back in 2003, several prominent

The post The political realities of ‘Net Zero’ and the LNP appeared first on MacroBusiness.

The number of international enrolments in Australia hit a record high of 839,200 in the year to June 2025. This was up around 13,400 (1.6%) from the 825,800 enrolments in 2024, around 130,440 (18%) higher than the same time in 2019 before the pandemic, and more than triple the 266,100 enrolments 20 years earlier in

The post Victorian Premier grovels for Chinese and Indian students appeared first on MacroBusiness.

There are days when an investors’ patience is tested. Yesterday was one for iron ore. Chinese data was bad. Not so bad as to expect imminent super stimmies but bad enough that commodity prices should have taken a hit given the weakness was most notable in commodity-intensive sectors. Goldman gives us a brief wrap Bottom

The post Iron ore inexplicable appeared first on MacroBusiness.

From the Market Ear: Room to run SPX continues to trade inside the short-term trend channel that has been in place since late May. RSI is getting rather overbought, but overbought levels tend to stay overbought for longer than most think possible. Note the upper part of the channel is still higher. The chase is

The post FOMO Rally Faces the Fed appeared first on MacroBusiness.

In the world of Australian Treasurer Jim Chalmers, Australia’s economy is strong, wages are booming, and living standards are rebounding fast: “The Coalition’s deliberate policy of wage suppression saw wages stagnate for the best part of a decade and living standards fall sharply, but we’re turning that around”. “We’ve managed to get inflation down and

The post Jim Chalmers layers more lipstick on pig economy appeared first on MacroBusiness.

On August 30th, Andriy Parubiy was shot dead in broad daylight in Lviv, Ukraine. A key figure in the foreign-fomented Maidan putsch and a prominent and influential politician locally for many years, he was mourned by a welter of British, European and US officials. 

Below is another excellent guest post from MB reader Erin Rolandsen, CEO of Angelassist: The Guardian ran yet another piece of propaganda pleading for Big Australia, this time leaning on KPMG modelling to claim that cutting migration would actually lift house prices:  “Slashing migration would actually lead to higher house prices in Australia – here’s

Victoria premier uses trip to China to announce approval for a one gigawatt hour battery project proposed by Chinese giant Trina that had attracted local opposition.

A turbine blade at a newly commissioned wind farm in NSW has been bent in half in a series of incidents blamed on storms.

This week I've been plotting out not just World War 3.3 but the rest of the series out to 3.8. I got so tired of waiting around for the publishers to get the next edit of The Forever Dead back to me that I just started working on what it would take to do this series properly. I think I can get it done in eight books of about a hundred thousand words each. I've plotted out the overarching narrative and it seems to touch down in 3.8, so I guess we'll see.