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MacroBusiness Thursday, September 25, 2025 - 00:05 Source

The AFR’s education editor, Julie Hare, published an alarmist article on the tiny reduction in international student enrolments, which she labelled a “plunge”. The Department of Education data showed that there were 925,905 total international student enrolments in the year to July 2025, down a tiny 1.1% from last year’s record high of 936,348 enrolments.

The post Australia must slash international student numbers appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 24, 2025 - 18:20 Source

Pier, Queenscliff Victoria   AUD/USD EUR/USD USD/JPY GBP/USD Gold (by day) WTI (by day)   Brent         Australia 200         US S&P 500   UK 100   Japan 225   Sorry chaps for some reason there are issues with the charts tonight.  Some wouldnt come up at all in

The post Macro Afternoon: 24 September 2025 appeared first on MacroBusiness.

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Renew Economy Wednesday, September 24, 2025 - 18:10 Source
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Renew Economy Wednesday, September 24, 2025 - 18:00 Source
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Your Democracy Wednesday, September 24, 2025 - 17:55 Source

Russia responds to Trump’s ‘paper tiger’ criticism

The country is usually described as a “bear” rather than other animals, Kremlin spokesman Dmitry Peskov has joked

Kremlin spokesman Dmitry Peskov has rejected US President Donald Trump’s description of Russia as “a paper tiger,”joking that the country is more commonly compared to a bear.

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Cheeseburger Gothic Wednesday, September 24, 2025 - 15:44 Source

Dating apps post-date my dating life by many decades, so I’ve never paid them much attention. All I really know is that you swipe left or right, and this has become such a big deal it turned into a global meme. (I’m still not sure which is best, left or right.)

The other day, though, I read that one of the big apps—Bumble, which I assume is big because I recognize the name—is offering, or planning to offer, “friendship” matches.

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Renew Economy Wednesday, September 24, 2025 - 15:02 Source
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MacroBusiness Wednesday, September 24, 2025 - 14:00 Source

Statistics New Zealand this week released migration data, which showed that only 13,066 net overseas migrants landed in New Zealand in the year to July. This was well below the decade average of 49,000 and more than 120,000 lower than the late 2023 peak. The decline in net overseas migration has been driven by the

The post New Zealand ramps low-skilled migration to juice GDP appeared first on MacroBusiness.

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Renew Economy Wednesday, September 24, 2025 - 13:23 Source
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MacroBusiness Wednesday, September 24, 2025 - 13:15 Source

Australia is beginning to resemble George Orwell’s Ministry of Truth from the novel 1984. First, the Albanese government performed a policy-180 and announced that Australians under the age of 16 would be banned from viewing YouTube. Prime Minister Anthony Albanese is seeking to expand Australia’s draconian media restrictions globally at this month’s United Nations General

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MacroBusiness Wednesday, September 24, 2025 - 12:30 Source

Recently on Twitter (also known as X), I came across a series of charts purporting to show the trend in certain search terms on Google indicative of financial stress. Fake charts are increasingly common, so I thought it would be best to do my own research on Google search trends to see if I could

The post Google points to doom for American households? appeared first on MacroBusiness.

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Renew Economy Wednesday, September 24, 2025 - 12:23 Source
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MacroBusiness Wednesday, September 24, 2025 - 11:56 Source

The Australian Bureau of Statistics (ABS) has released the monthly CPI indicator for August, which recorded a jump in headline inflation to 3.0%—the highest result since July 2024. In better news, the policy-relevant trimmed mean inflation moderated to 2.6% in August, down from 2.7% in July. The main driver of the rise in headline CPI

The post Australia inflation shocked higher by electricity prices appeared first on MacroBusiness.

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THE BLOT REPORT Wednesday, September 24, 2025 - 11:49 Source
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THE BLOT REPORT Wednesday, September 24, 2025 - 11:37 Source

Because of my particular palaeontological expertise, in 1999, I was asked to be involved in a project with the Northern Territory Geological Survey (NTGS). They were about to begin remapping several 1:250,000 geological map sheets in the Northern Territory portion of the enormous Georgina Basin. My part of the project was mostly providing biostratigraphic expertise, which means providing a detailed assessment of the age range of the rock units the mappers were likely to encounter, by looking at the fossils in them. To this end, we sampled about 18 drill cores which had been taken from assorted parts of the basin1.

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MacroBusiness Wednesday, September 24, 2025 - 11:30 Source

Australia’s government and media want us to believe that climate change is the most serious environmental concern. They say that Australia must reach its net zero promises to avoid “dangerous climate change”, ignoring the reality that Australia is a tiny (1%) emitter on the global stage. Last week, Prime Minister Anthony Albanese unveiled Labor’s long-awaited

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MacroBusiness Wednesday, September 24, 2025 - 11:00 Source

The ferrous complex plods on. Caught between the approach of Simandou, Capanema, Gara Gjeblet on one hand and the shutdown of Chinese green steel on the other. The balance is unusually solid blast furnace output for the season. Honestly, if you had shown me that chart in 2019, I would have told you iron ore

The post Iron ore $20? appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 24, 2025 - 10:30 Source

In the years since the pandemic arrived, Melbourne has gone from having one of the strongest economies in the nation and being a drawcard for internal migration to the butt of jokes and criticism. In some ways, this criticism is justified; the Victorian labour market and economy today are performing nowhere near as strongly in

The post Melbourne – The nation’s punching bag appeared first on MacroBusiness.

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Renew Economy Wednesday, September 24, 2025 - 10:29 Source
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Renew Economy Wednesday, September 24, 2025 - 10:23 Source

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Renew Economy Wednesday, September 24, 2025 - 10:16 Source
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Your Democracy Wednesday, September 24, 2025 - 10:10 Source

President Donald Trump on Tuesday seemingly announced a major shift in the U.S. approach to the Russia–Ukraine war. “I think Ukraine, with the support of the European Union, is in a position to fight and WIN all of Ukraine back in its original form,” Trump wrote on Truth Social. 

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MacroBusiness Wednesday, September 24, 2025 - 10:00 Source

With the implementation of the Albanese government’s 5% deposit scheme for first home buyers just over a week away, social media is filled with promotional material from the Albanese government crowing about how their achievement will help prospective home buyers. It’s certainly true that some first home buyers will benefit because they will be able

The post Labor ignites house price bonfire appeared first on MacroBusiness.

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xkcd.com Wednesday, September 24, 2025 - 10:00 Source

One perk of being born at 0.88c is that your birthday is over two days long.

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MacroBusiness Wednesday, September 24, 2025 - 09:00 Source

From the Market Ear: Tech spending Without tech spending the US economy would be close/in a recession. DB points out: 1. Good news: The AI super-cycle — with NVIDIA effectively carrying the US economy — is offsetting demand (tariffs) and supply (immigration) shocks. 1. Bad news: The cycle can’t last without parabolic capex. With hyperscaler

The post Tech bubble vibes ripple across markets appeared first on MacroBusiness.

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Your Democracy Wednesday, September 24, 2025 - 08:07 Source

Donald Trump has used a speech at the United Nations to criticise countries that have recognised Palestinian statehood, accusing them of encouraging the fighting to continue in the Middle East.

In a lengthy speech laden with characteristic hyperbole, the US president also chastised the UN for failing to stop international conflicts and leaving it up to him to end wars on his own.

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MacroBusiness Wednesday, September 24, 2025 - 08:00 Source

The Productivity Commission (PC) released its quarterly Bulletin, which explored the structural decline in Australia’s ‘capital deepening’, which has contributed significantly to the nation’s productivity malaise. “Labour productivity tends to increase when workers have more or better capital (such as computers and buildings) to work with, which is known as ‘capital deepening’”, PC Deputy Chair

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Renew Economy Wednesday, September 24, 2025 - 07:53 Source
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Renew Economy Wednesday, September 24, 2025 - 07:32 Source
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Your Democracy Wednesday, September 24, 2025 - 05:55 Source

UNITED NATIONS (Sputnik) – US President Donald Trump questioned on Tuesday the UN purpose, claiming that it had not helped him in resolving global conflicts during the first eight months of his second term.

 

Trump Questions Purpose of United Nations in UNGA Address

 

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