Your Democracy
Friday, September 12, 2025 - 04:44
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MacroBusiness
Friday, September 12, 2025 - 00:05
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The Australian Bureau of Statistics (ABS) this week released data on Australia’s residential housing stock, which was valued at a record $11.6 trillion in the second quarter of 2025, equivalent to $1,017,000 per dwelling. The following chart compares the value of Australia’s dwelling stock to the country’s GDP. It shows that the entire residential housing The post Australia’s housing bubble swallows economy appeared first on MacroBusiness. |
THE BLOT REPORT
Thursday, September 11, 2025 - 23:42
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THE BLOT REPORT
Thursday, September 11, 2025 - 23:29
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Russell Morris is an Australian singer-songwriter who has been composing, recording and performing music since the late 1960s. Some of his songs have been among my favourites since I was in my teens. He has recently completed his final tour, and we went to see his final concert of this last tour at the concert hall of the Sydney Opera House last Sunday1. The concert hall seats 2,600 people and it was booked out. Most of the people there were about our age, and I doubt there were more than a few dozen under the age of 40. |
Renew Economy
Thursday, September 11, 2025 - 19:09
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Renew Economy
Thursday, September 11, 2025 - 18:30
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Your Democracy
Thursday, September 11, 2025 - 18:21
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President Donald Trump has vowed to pursue not only the assassin of conservative activist Charlie Kirk but also those he accused of funding and fueling “radical left” political violence across the United States. In a video statement posted Wednesday night on Truth Social, Trump described Kirk, 31, as a “patriot”and a “martyr for truth and freedom,”praising him for inspiring young Americans through debates on college campuses nationwide. |
Renew Economy
Thursday, September 11, 2025 - 14:54
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Renew Economy
Thursday, September 11, 2025 - 14:30
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Renew Economy
Thursday, September 11, 2025 - 14:09
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Queensland LNP pledges to burn coal “for many decades” as federal Labor wrestles with climate pledge |
Renew Economy
Thursday, September 11, 2025 - 14:00
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MacroBusiness
Thursday, September 11, 2025 - 14:00
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The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 2.5% since July 2024, taking the OCR down to 3.0% from a peak of 5.5%. The Reserve Bank has slashed rates so aggressively due to the pervasive weakness of the New Zealand economy. In particular, New Zealand’s labour market has suffered The post Mass unemployment forces Reserve Bank to slash rates appeared first on MacroBusiness. |
Your Democracy
Thursday, September 11, 2025 - 13:51
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The little dog was not fussed His master was mad but nonplussed Screaming obscenities at the crossing crowd While pushing a pram of recycled stuff Smoking a butt in a vanishing white puff Making a trotting mutt so most proud The master was saving the whole planet On such important business taking a bet For the mad ruler of the universe in Tel-Aviv Was killing an inferior race he led us to believe |
MacroBusiness
Thursday, September 11, 2025 - 13:30
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Who would have thought a few years ago that the racist Guardian would be the leading purveyor of propaganda in the national media? Patrick Commins is a journalist journeyman happy to write anything for any paper’s point of view, and today he has committed spectacular hara-kiri for the racist Guardian. In an ageing society with The post Racist Guardian accidently trashes immigration appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 11, 2025 - 13:00
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The Market Ear on this mightiest of bubbles. King AI “The 30 or so AI stocks in S&P 500 have a combined 43% of market cap. Even more compelling, these names have driven almost all of the returns and most of earnings growth since ChatGPT / Nov 2022”. Source: JPM Pulse on AI “…it couldn’t The post AI bubble builds appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 11, 2025 - 12:30
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Recall that Prime Minister Anthony Albanese told ABC’s Q&A in February that Labor would cut immigration and relieve pressure on the rental market by reducing the number of student visas, which he said were being “abused”. “On immigration, particularly when it comes to housing, three quick points. One is that the biggest thing that you The post International student enrolments hit record high appeared first on MacroBusiness. |
Renew Economy
Thursday, September 11, 2025 - 12:15
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Renew Economy
Thursday, September 11, 2025 - 12:07
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MacroBusiness
Thursday, September 11, 2025 - 12:00
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The ferrous complex is as crazy as usual. With blast furnaces resuming after the warmongering parade, we should expect HRC prices to keep falling with rebar. Steel mill margins are collapsing here, and iron ore is the culprit. Goldman has scuttlebutt. China lead has been increasingly irrelevant, lots of trips up there post results so The post Iron ore bulls appear appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 11, 2025 - 12:00
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Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, looks at Oracle, where Larry Ellison is suddenly threatening Musk for the title of the world’s richest man and profits are looking like 10xing. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is The post MB Fund Podcast: Is Oracle About To Make It The Magnificent 8? appeared first on MacroBusiness. |
Your Democracy
Thursday, September 11, 2025 - 11:45
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India found itself in an uncomfortable situation like a cat on a hot roof at the Shanghai Cooperation Organisation event in Tianjin, China, with Western media hyping up its unlikely role in a troika with Russia and China to chariot the world order toward a brave new era of multipolarity.
India disavows ‘Tianjin spirit’, turns to EU BY M.K. Bhadrakumar |
MacroBusiness
Thursday, September 11, 2025 - 11:30
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A new report from the Australian National University has found that while the annual migrant intake is capped at 185,000, there are far fewer skilled migrants from overseas coming into Australia than intended. The report shows that just 12% of places in the nation’s migration program are going to skilled workers; instead, many of these The post Report: Australia’s immigration system is unskilled and broken appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 11, 2025 - 11:00
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Nobody is allowed to tell the truth about China, but I will. Its balance sheet recession is booming, and it has absolutely no way out of it. This means Chinese deflation is forever now. CPI spat lower. Despite roaring veggies. PPI has had a little bounce but it won’t last. It is all driven by The post Chinese deflation is forever now appeared first on MacroBusiness. |
Renew Economy
Thursday, September 11, 2025 - 10:59
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MacroBusiness
Thursday, September 11, 2025 - 10:30
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In recent years, the issue of fertility rates has become an increasingly vital issue, as more and more nations across the globe begin to confront fertility rates significantly below replacement levels. Ironically, the Howard government saw the demographic issues that could arise in time if Australia’s fertility rate were to remain significantly below replacement levels. The post Fertility rates and the housing tug-of-war appeared first on MacroBusiness. |
MacroBusiness
Thursday, September 11, 2025 - 10:00
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Jacob Greber has a long tradition of being a businessomics commentator rather than an objective journalist, but he outdid himself yesterday with a bald-faced piece of propaganda for the gas cartel. The piece represents objectivity, but it makes one crucial statement that renders it pure cartel guff. At four minutes, Greber says that Peter Dutton The post Your ABC sucks gas cartel pipe appeared first on MacroBusiness. |
Renew Economy
Thursday, September 11, 2025 - 09:50
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MacroBusiness
Thursday, September 11, 2025 - 09:30
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True to form, Prime Minister Anthony Albanese took to Twitter (X) to declare that “Australia has one of the fastest growing economies”, “unemployment is down, real wages are up”, and “the private sector is continuing to drive economic growth”. It is worth investigating each of these claims. First, on Australia’s growth, Alex Joiner provided the The post Albo spins more economic lies appeared first on MacroBusiness. |
Renew Economy
Thursday, September 11, 2025 - 09:29
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