Blogotariat

Only in the world of political make-believe we inhabit in the West would the Wall Street Journal’s account of Biden’s years-long cognitive decline, and its concealment by his officials, count as a scoop.

China scholar Mark Wang still remembers a time in the 2000s when Australia’s China studies was vibrant and in a leading position in the world.

Academics say China studies sector in ‘crisis’ amid a funding shortage and ‘climate of fear’    By Jenny Cai

Biden blocks $14.9 billion US-Japan steel deal over national security concernsAMERICASUS President Joe Biden on Friday blocked the sale of US Steel to Japan's Nippon Steel, citing concerns that the deal could threaten national security and industrial supply chains. The companies said that the move was a "clear violation of due process and the law" in a joint statement.

Melbourne’s housing market has experienced a prolonged downturn. According to CoreLogic, Melbourne home values have declined by 6.4% since March 2022. Melbourne home values have also only risen by 8.4% since the onset of the COVID pandemic in March 2020, versus a 33.6% increase across the combined capital cities. Separate data from PropTrack shows that

The post Melbourne to become cheapest housing market appeared first on MacroBusiness.

China is again in the forefront of news in the last trading session of the first week of the trading year with speculation of an imminent rate cut by the PBOC plus more “support” from state planner. Aka turning Japanese. The USD remains firm against the undollars with Euro treading water above the 1.02 handle

The post Macro Afternoon appeared first on MacroBusiness.

In a joint statement issued in November, Treasurer Jim Chalmers and Finance Minister Katy Gallagher announced that the Future Fund, which is one-third the size of the Australian economy, will be directed to invest in housing, security, and the green energy transition “where possible, appropriate, and consistent with strong returns”. This is the first time

Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, look through the performance of stocks over 2024, what worked, what didn’t and the lessons for 2025 Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund,

The post MB Fund Podcast: What Worked In 2024 appeared first on MacroBusiness.

Metropole’s Dorian Traill claims that Australia is facing a “critical shortage of property investors” that is “further fueling the nation’s escalating rental crisis”. Traill’s claim is based off new research from the Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA), which shows that a growing number of investors are

The post Australia needs fewer property investors appeared first on MacroBusiness.

India has led the surge in Australian temporary migration since the pandemic began. There were 300,000 Indians holding temporary visas in the September quarter (excluding visitors), up from 200,000 in September 2019. Included in this 300,000 figure were 115,000 Indians on student visas and 80,000 Indians on graduate visas. More than a decade ago, Australia

Immigration into New Zealand has fallen sharply, driven by increasing numbers of Kiwis fleeing to other countries (including Australia). As illustrated below by independent economist Tony Alexander, annual net migration fell to 38,800 in October from 42,700 in September and a record 136,000 a year ago. The large change in the past year reflects gross

Australian Treasurer Jim Chalmers hit back at former Prime Minister John Howard and Treasurer Peter Costello, who criticised the Albanese government’s financial management. Treasurer Chalmers claimed on Twitter (X) that Labor had delivered a $200 billion improvement in the budget since it came to office, thereby delivering $70 billion in interest payments. The reality is

The post Jim Chalmers spins budget fairy tales appeared first on MacroBusiness.

Blue chip business lobby the Australia Israel Chamber of Commerce is associated with funding illegal settlements in Israel and sponsorships by notorious Elbit Systems whose weapons are deployed in war crimes. Yaakov Aharon reports.

Israel’s “innovation ecosystem will be supercharged” by the war, Dave Sharma said. Indeed, the bloody rubble of Gaza has been a human testing ground for drones and all manner of new military technologies.

The median forecast of 36 economists polled by The Australian Financial Review is that the Reserve Bank of Australia (RBA) will begin reducing the cash rate at its board meeting on 19-20 May. This is several days after the last possible date for a federal election. Financial markets are a little more optimistic, tipping rate

The post Labor prays for RBA rate cuts appeared first on MacroBusiness.