Blogotariat

US President Donald Trump has mocked the ‘No Kings’ protests, sharing several AI-generated videos on Truth Social, including footage of himself dumping what appears to be feces on the crowds.

A wave of protests against the Trump administration hit the US on Saturday, with massive demonstrations held at more than 2,500 locations across the country.

The Albanese government’s Housing Accord, signed with the states at National Cabinet in 2023, set a target to build 1.2 million homes over the five years from FY2025 to FY2029. This target requires 240,000 homes to be built annually. The Australian Bureau of Statistics (ABS) last week released dwelling construction data for the June quarter

The post Australia braces for residential construction downturn appeared first on MacroBusiness.

Brookfield to invest up to $7.7 billion in California fuel cell company as it looks to "reimagine" energy needs for AI data centres.

By Lucinda Jerogin, Associate Economist at CBA The unemployment rate ticked up to 4.5% in September. The Minutes from the September RBA Monetary Policy Board Meeting and several RBA speeches this week reinforced the more hawkish tone struck in the Statement and accompanying press conference. The CommBank Household Spending Insights Index recorded its seventh consecutive

The post The economic week ahead appeared first on MacroBusiness.

DXY fell away. This time AUD enjoyed relief. CNY resumed the plod higher. Oil is in trouble. Gold finally popped. Metals too. And miners. EM at the highs. Junk still worried. The bond rally paused. Stocks lifted a bit. Trump eased the rhetoric on China. As usual, the loon is predictable only in the unpredictability

The post Major bank: Australian dollar surge to 69 cents appeared first on MacroBusiness.

This thesis, by undertaking a detailed, empirical analysis of the role youth and student wings play inthe recruitment of national legislators of the German Sozialdemokratische Partei Deutschlands andthe British Labour Party, contributes to our understanding of how the social democratic party familyhas changed in the decades since the early 1980s.

Prime Minister Anthony Albanese is scheduled to meet President Donald Trump in Washington on 20 October.

Thus far, Albanese has dealt with this administration with equanimity, declining to rush the gate for a meeting. This is no bad thing. It is best to avoid projecting neediness to Trump.

Australians will be thinking about the immediate results of the visit. We should also reflect on the nature of our alliance relationship.

International Reading: 24% of Republicans think the economy is deteriorating, compared with 60% of independents and 67% of Democrats. – The Guardian Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says – CNBC Trump’s Big Brag About The Economy Crushed By Brutal New Poll –

The post Weekend Reading and MB media appearances appeared first on MacroBusiness.

As we know, Albo is the Manchurian Candidate, fed by Sinophiles in his party to the point of nausea. Let’s recall what the G7 did when China attacked Australia unilaterally. The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view

The post We are all Dan Andrews now appeared first on MacroBusiness.

This week, I was interviewed by Steve Austin at ABC Radio Brisbane, where I was quizzed on why policymakers continually implement self-defeating policies that make housing more expensive. Austin’s query followed this month’s introduction of the Albanese government’s 5% deposit scheme for first home buyers, which already seems to have lifted demand and pushed home

There is no substitute for sanctimonious greed. A top-20 shareholder in Santos has raised questions about the oil and gas producer’s strategy and called for it to focus on delivering value to investors, just as the gas giant was forced to cut production guidance because of an eleventh-hour hitch at its biggest growth project. HESTA

The post HESTA backs gas cartel in “real world impact” appeared first on MacroBusiness.

Victoria is the nation’s most indebted state with the lowest credit rating. Global rating agencies have reaffirmed Victoria’s AA credit rating, although the state government has been put on notice to reduce debt, rein in operating costs, and show fiscal restraint ahead of the November 2026 election. On Wednesday, the Victorian Department of Treasury and

The post Victoria is headed toward a financial crisis appeared first on MacroBusiness.