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Renew Economy Monday, November 3, 2025 - 11:52 Source
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MacroBusiness Monday, November 3, 2025 - 11:30 Source

Almost every infrastructure expert opposed the Victorian government’s Suburban Rail Loop (SRL) because the price tag was excessive, the project lacked a business case, it failed any objective cost-benefit analysis, and it would have insufficient user demand. For example, a cost-benefit analysis by Victoria’s Parliamentary Budget Office (PBO) found that the SRL East and North

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MacroBusiness Monday, November 3, 2025 - 11:00 Source

Throughout much of the last term of federal parliament, the Coalition under its then leader Peter Dutton made a case that the Albanese government was unable to adequately manage the nation’s affairs, using words like “disaster” to characterise some of the government’s policies. While there is certainly a case to be made that the Albanese

The post The Liberal party is floundering appeared first on MacroBusiness.

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xkcd.com Monday, November 3, 2025 - 11:00 Source

The statue should be in the likeness of whatever sculptor posted the sculpting tool repair video that was most helpful during the installation of the statue.

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Your Democracy Monday, November 3, 2025 - 10:55 Source

Palestinian women share how Israeli forces used them as human shields in Gaza and the West Bank Throughout the Gaza genocide, testimonies have documented the Israeli army’s use of Palestinian women as human shields. These are not isolated acts by rogue soldiers but a systematic practice known to Israeli commanders and acknowledged by soldiers.

 

BY MAJD JAWAD 

 

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Renew Economy Monday, November 3, 2025 - 10:50 Source
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Renew Economy Monday, November 3, 2025 - 10:40 Source
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Renew Economy Monday, November 3, 2025 - 10:36 Source
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MacroBusiness Monday, November 3, 2025 - 10:30 Source

DXY is up and away! Euro toast. AUD is stuck on the treadmill from hell. CNY down. Gold still looks shaky to me as DXY firms. AI metals find a headwind. Big miners, big shooting star. EM toppy. Jun rejection! Yield back-up continues but is not a trend break yet. Stocks trying/ The Market Ear

The post Australian dollar flogged with Euro appeared first on MacroBusiness.

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Your Democracy Monday, November 3, 2025 - 10:09 Source

The Kremlin welcomes Japan’s desire to sign a peace treaty with Russia, spokesman Dmitry Peskov said on Friday. This follows a statement by Japanese Prime Minister Sanae Takaichi, who told parliament that pursuing an agreement is part of her government’s foreign policy agenda.

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MacroBusiness Monday, November 3, 2025 - 10:00 Source

Iron ore is riding high with the Pilbara killer one week away. Dynamics have shifted, as expected. Late last week, hot metal output fell to 2.36mt.  This has been low enough to reverse the steel inventory accumulation, though it is still much higher than last year. In turn, port inventories of iron ore are on

The post Pilbara killler one week away appeared first on MacroBusiness.

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MacroBusiness Monday, November 3, 2025 - 09:30 Source

The East Coast gas cartel is destroying your living standards by injecting ceaseless cost-push inflation into the headwaters of the supply chain for every business in the country east of WA. It is the core of household’s cost-of-living crisis as well, adding about 6% to the CPI year on year since 2021. By itself, not

The post Albo’s great gas cartel control fraud appeared first on MacroBusiness.

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The Tally Room Monday, November 3, 2025 - 09:30 Source

Yes, it’s very early, but I’ve launched my partial guide to the next Australian federal election, due in 2028.

This guide covers the 102 House seats in New South Wales, Victoria, Western Australia and the Northern Territory. These jurisdictions won’t have a redistribution (barring an expansion of parliament). The guide also features guides to the eight Senate contests.

If there is no parliamentary expansion, this redistribution cycle is one of the least significant we’ve had. This makes it easier and quicker to get the guide ready.

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MacroBusiness Monday, November 3, 2025 - 09:00 Source

Friday night saw Wall Street rally after falling for several sessions, but again it was tech stock earnings due to the AI bubble keeping everything afloat. The USD is still reasserting its recent strength against all the majors although gold is trying to make a comeback with Euro and Pound Sterling falling sharply while the

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Monday, November 3, 2025 - 08:00 Source

When Clare O’Neil was Australia’s Home Affairs Minister, she regularly lamented that Australia’s migration system was too temporary and was holding the nation back. “Today, really for the first time in our modern history, our uncapped, unplanned temporary program is the centrepiece and driver of our migration system. This simple fact is the source of huge

The post Temporary visa numbers surge to new record high appeared first on MacroBusiness.

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Your Democracy Monday, November 3, 2025 - 06:55 Source

The US will work to reduce its dependence on rare earth metals from China, considering the country unreliable, said US Treasury Secretary Scott Bessent.

In an interview with the Financial Times on October 31, Bessent expressed confidence that Washington would find an alternative to Chinese sources of rare earth metals within two years.

According to him, China’s influence over the US in the rare earth metals sector will last no longer than 12 to 24 months.

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Your Democracy Monday, November 3, 2025 - 06:44 Source

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Your Democracy Monday, November 3, 2025 - 06:00 Source

 

Beirut – Does the unified Iranian-Russian-Chinese stance affirming the expiration of UN Resolution 2231 pose a challenge to Western efforts to revive the “snapback mechanism,” signal a shift in international relations, and herald the emergence of a multipolar world order?

 

WILL DISABLING THE “TRIGGER MECHANISM” LIMIT UNIPOLAR HEGEMONY AND HASTEN THE BIRTH OF MULTIPOLARITY?

BY Hassan Hardan

 

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Your Democracy Monday, November 3, 2025 - 05:44 Source

 

Here’s Israel’s strategy to continue the war on Gaza: find a pretext, no matter how baseless, use it to kill dozens of civilians and fighters, stop fire and claim you’re honouring the ceasefire. Then do it again.

The Israeli army announced that a soldier in Rafah had been killed by gunfire on Tuesday. Before the source of the gunfire could be confirmed, Netanyahu blamed it on Hamas, and gave the order for the army to launch “powerful strikes” on Gaza.

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MacroBusiness Monday, November 3, 2025 - 00:05 Source

The Albanese government’s 5% deposit scheme for first home buyers, effective from 1 October, appears to have significantly boosted home prices. Cotality’s house price results for October reported the strongest increase in values since June 2023, up 1.1% over the month and 2.9% over the quarter at the combined capital city level. Over the past

The post Australia’s housing crisis takes nasty turn appeared first on MacroBusiness.

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Your Democracy Sunday, November 2, 2025 - 19:15 Source

Pentagon chief Pete Hegseth claimed a new US strike on a vessel that, according to him, was used for drug trafficking in the Caribbean Sea and belonged to a "terrorist organization."

"Today, at the direction of President Trump, the Department of War carried out a lethal kinetic strike on another narco-trafficking vessel operated by a Designated Terrorist Organization (DTO) in the Caribbean," Hegseth said on X.

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Your Democracy Sunday, November 2, 2025 - 18:43 Source

The Finnish region of South Karelia has been losing an estimated €1 million ($1.2 million) in tourist income every day since the country closed its border with Russia, Bloomberg reported on Saturday.

Finland shut all crossings along its 1,430km land border with Russia in late 2023, accusing Moscow of orchestrating an influx of migrants from Africa and the Middle East. Russia dismissed the allegation as “completely baseless.”

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Renew Economy Sunday, November 2, 2025 - 18:01 Source
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Renew Economy Sunday, November 2, 2025 - 17:32 Source
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Your Democracy Sunday, November 2, 2025 - 11:55 Source

Opponents of Ukrainian leader Vladimir Zelensky have accused his administration of using lawfare to sideline political opposition, Politico reported on Friday, citing lawmakers and anti-graft activists.

The outlet cited last week’s indictment of the former chairman of Ukraine’s national energy operator, Ukrenergo, Vladimir Kudritsky, as being seen as part of the pattern.

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MacroBusiness Sunday, November 2, 2025 - 11:10 Source

Last week’s shocking inflation result, which saw Australia’s trimmed mean inflation surge by 1.0% in Q3 2025 and the annual rate of inflation rise to 3.0%, has all but eliminated chances of another interest rate cut over the foreseeable future. As illustrated below by CBA, financial markets now ascribe a near-zero chance of another rate

The post Inflation shock knocks wind out of auction market appeared first on MacroBusiness.

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MacroBusiness Sunday, November 2, 2025 - 10:52 Source

By Lucinda Jerogin, Associate Economist at CBA: The September quarter headline CPI materially surprised to the upside, jumping 1.3%/qtr to be 3.2% higher annually. The policy-relevant trimmed mean measure accelerated to 1.0%/qtr and 3.0%/yr. Offshore this week the FOMC and BoC cut rates by 25bp, as was widely expected. However, a more hawkish tone curtailed

The post The economic week ahead appeared first on MacroBusiness.

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Your Democracy Sunday, November 2, 2025 - 06:44 Source

US intelligence chief Tulsi Gabbard has acknowledged Washington’s history of regime change but said it ended under President Donald Trump – despite his recent remarks on Iran and accusations about Venezuela.

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Your Democracy Sunday, November 2, 2025 - 04:00 Source

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Your Democracy Sunday, November 2, 2025 - 03:22 Source

Do you notice how nobody’s losing their jobs or getting deported for criticising the genocidal atrocities in Sudan?

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