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Your Democracy Friday, September 12, 2025 - 04:44 Source

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MacroBusiness Friday, September 12, 2025 - 00:05 Source

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.

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THE BLOT REPORT Thursday, September 11, 2025 - 23:42 Source
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THE BLOT REPORT Thursday, September 11, 2025 - 23:29 Source

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.

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Renew Economy Thursday, September 11, 2025 - 19:09 Source

 Jin Yang

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Renew Economy Thursday, September 11, 2025 - 18:30 Source
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Your Democracy Thursday, September 11, 2025 - 18:21 Source

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.

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Renew Economy Thursday, September 11, 2025 - 14:54 Source
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Renew Economy Thursday, September 11, 2025 - 14:30 Source
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Renew Economy Thursday, September 11, 2025 - 14:09 Source
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Renew Economy Thursday, September 11, 2025 - 14:05 Source

Gladstone coal power station Queensland small iStock-1462105369

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Renew Economy Thursday, September 11, 2025 - 14:00 Source
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MacroBusiness Thursday, September 11, 2025 - 14:00 Source

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.

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Your Democracy Thursday, September 11, 2025 - 13:51 Source

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

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MacroBusiness Thursday, September 11, 2025 - 13:30 Source

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.

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MacroBusiness Thursday, September 11, 2025 - 13:00 Source

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.

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MacroBusiness Thursday, September 11, 2025 - 12:30 Source

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.

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Renew Economy Thursday, September 11, 2025 - 12:15 Source
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Renew Economy Thursday, September 11, 2025 - 12:07 Source
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MacroBusiness Thursday, September 11, 2025 - 12:00 Source

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.

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MacroBusiness Thursday, September 11, 2025 - 12:00 Source

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.

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Your Democracy Thursday, September 11, 2025 - 11:45 Source

 

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

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MacroBusiness Thursday, September 11, 2025 - 11:30 Source

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.

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MacroBusiness Thursday, September 11, 2025 - 11:00 Source

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.

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Renew Economy Thursday, September 11, 2025 - 10:59 Source
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MacroBusiness Thursday, September 11, 2025 - 10:30 Source

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.

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MacroBusiness Thursday, September 11, 2025 - 10:00 Source

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.

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Renew Economy Thursday, September 11, 2025 - 09:50 Source
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MacroBusiness Thursday, September 11, 2025 - 09:30 Source

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.

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Renew Economy Thursday, September 11, 2025 - 09:29 Source

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