Blogotariat

By Lucinda Jerogin, Associate Economist at CBA It was a relatively quiet week locally. Consumer sentiment lifted to a 3½ year high, providing further evidence the household consumption recovery is gaining momentum. The Economic Reform Roundtable was held in Canberra from Tuesday to Thursday. Offshore, geopolitical events dominated headlines. Russia-Ukraine ceasefire talks tookcentre stage, but no

The post The economic week ahead appeared first on MacroBusiness.

The latest Westpac consumer sentiment survey showed that Australians have become bullish on house prices. House price expectations hit a cyclical high, whereas the ‘time to buy a dwelling’ sub-index also shot higher. The improving sentiment has also been reflected in the auction market, where the national clearance rate has climbed to its highest level

The post Auctions rocket pushes house prices higher appeared first on MacroBusiness.

The German economy is experiencing a “structural crisis” rather than just temporary “weakness,” Chancellor Friedrich Merz has said, admitting that steering the country’s economy back on track has proven harder than he had anticipated.

Merz made the remarks on Saturday in a speech before members of his Christian Democratic Union party in the Lower Saxony city of Osnabrueck, the home state of major carmaker Volkswagen. 

France has summoned Italy’s ambassador following “unacceptable”remarks made by Deputy Prime Minister Matteo Salvini about President Emmanuel Macron’s proposal to send troops from EU members to Ukraine, French media has reported, citing a diplomatic source.

Salvini suggested on Wednesday that the French leader should go himself.

read more

Amid an ongoing assault on its neighbors, the Israeli Defense Forces (IDF) is attempting to improve its image by posting highly sexually suggestive content featuring its soldiers, changing the prevailing emotion of onlookers from outrage to lust.

Gooning For Apartheid: How Israel Uses Sex to Whitewash Genocide

ALAN MACLEOD, MINTPRESS NEWS

In the wake of the Economic Reform Roundtable Gunnamatta and Deep T discuss the submission made by Deep T to the event.   Recorded last weekend (prior to the meet) the discussion ranges over the financialisation of Australian housing, from the way rising prices of houses mean that the banking system doesnt need to raise

The post A submission too far for the Economic reform roundtable appeared first on MacroBusiness.

In the wake of the much-anticipated Anchorage summit between U.S. President Donald Trump and Russian President Vladimir Putin, Russian philosopher and nationalist ideologue Alexander Dugin ignited controversy with a social media post on X.

Dugin claimed that Putin had handed Trump “solid, considerable documents on Russian history proving that Ukraine is a fake.”

State government sets up electrification supports for more than 1,000 customers in the wake of a "failed gas supply program" affecting 10 regional towns.

Data centre expert Andrew Walton explains what data centres need, where they might be built, and what will power them. Plus: ESOO, and Checkers the Sheltie.

Federal Labor says offshore wind plans for NSW Hunter region are not sunk, just on ice, after developers call time on the only project in the zone offered a feasibility licence.