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The Australian Independent Media Network Sunday, October 5, 2025 - 16:44 Source

Rupert Murdoch built more than a media empire. He built a cathedral of grievance where facts die on the altar and paranoia pays the rent. [...]

The post A Cathedral of Grievance: How Murdoch Built The Monster He Can No Longer Control appeared first on The AIM Network.

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MacroBusiness Sunday, October 5, 2025 - 15:59 Source

By Trent Saunders, economist at CBA The RBA left the cash rate on hold at 3.60%, as expected, but the accompanying statement carried a more hawkish tone. We crystallised some of the upside risk to inflation in our forecasts this week, upgrading our estimate for trimmed-mean inflation in Q3 from 0.7% to 0.8%/qtr. This uplift

The post The economic week ahead appeared first on MacroBusiness.

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Your Democracy Sunday, October 5, 2025 - 07:41 Source

As a private citizen, I have long sought to understand how finance has imposed its influence on the States themselves. I discovered, by consulting the most eminent economists, that the answer, far from being complicated, is quite simple, as described by Michael Hudson, an American economist, considered by his peers to be one of the greatest in the world....

 

Monetary power and public debt

BY Thomas Erpé

 

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Your Democracy Sunday, October 5, 2025 - 04:33 Source

Given his behaviour, it could very well be that the president of the United States is going nuts.

Over the weekend, on his Truth Social, Trump shared a video purporting to be a segment on Fox News — it wasn’t — in which an AI-generated, deep-faked version of himself sat in the White House and promised that “every American will soon receive their own MedBed card” that will grant them access to new “MedBed hospitals.”

What?

 

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Your Democracy Sunday, October 5, 2025 - 03:22 Source

Civilisation is under attack from Australian doctors, warns pro-Israel psychiatrist Doron Samuell. Royal Children’s Hospital agrees. Wendy Bacon and Stephanie Tran investigate.

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Your Democracy Saturday, October 4, 2025 - 19:19 Source
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THE BLOT REPORT Saturday, October 4, 2025 - 11:23 Source

Before and during the First World War, members of the German armed forces had sworn an oath of allegiance to the Kaiser. This changed after Germany’s defeat, and the establishment of a democratic Weimar Republic. Not only did the political leaders of the new Weimar Republic seek to democratise the military by changing its social makeup but also by changing the oath of allegiance. The new oath required soldiers to swear loyalty to the Constitution and its institutions, rather than to any individual.

However, for many career soldiers, the idea of swearing an oath to a constitution was alien1.

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Renew Economy Saturday, October 4, 2025 - 08:28 Source
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Your Democracy Saturday, October 4, 2025 - 05:55 Source

The Trump Plan is designed to reframe the issues in favour of Israel. Palestinians have been betrayed again.

The indicted war criminal Netanyahu has got what he wants. The felon, Trump, so eager for a Nobel Peace Prize, has obliged him. Tony Blair’s involvement suggests satire rather than diplomacy.

 

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Your Democracy Saturday, October 4, 2025 - 05:25 Source

 

Russian president Vladimir Putin used his address at the Valdai forum on Thursday to issue a challenge: Western liberal societies are crumbling, convulsing in moral chaos, and Russia is emerging as a sanctuary of tradition. He warned of “gender terrorism” driving Europeans toward Russia, and spotlighted the televised killing of conservative American voice Charlie Kirk as evidence of the West’s internal collapse.

 

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MacroBusiness Saturday, October 4, 2025 - 00:10 Source

If you want bona fide proof that the Australian Treasury has become a propaganda arm of the federal government, look no further than its modelling of the impact of Labor’s 5% deposit scheme for first home buyers. Under Labor’s First Home Guarantee scheme, which came into effect on Wednesday, almost all first home buyers can

The post Australian house prices are rigged to blow appeared first on MacroBusiness.

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MacroBusiness Saturday, October 4, 2025 - 00:05 Source

International Reading: Trump Cuts Funding to 16 Blue States That Didn’t Vote for Him – New Republic Israel is paying influencers $7,000 per post – Responsible State Craft US home sales falling through as buyers get ‘cold feet’ – News Week The US economy lost 32,000 private-sector jobs in September – CNN Student-Loan Debt Is

The post Weekend reading and MB media appearances appeared first on MacroBusiness.

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Your Democracy Friday, October 3, 2025 - 17:33 Source

Ladies and gentlemen, journalists and news watchers of the Western world, lend me your biased ear….

 

I have a question for you. Why do you hate Russia?

YOU HATE RUSSIA, DON’T YOU? Putin?…

What’s not to hate about invading a neighbouring country and killing many people, you might say for starters…

 

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MacroBusiness Friday, October 3, 2025 - 15:33 Source

Big sky from the Beeac Cressy Road, Western Districts, Victoria   AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225    

The post Macro Afternoon: 3 October 2025 appeared first on MacroBusiness.

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Renew Economy Friday, October 3, 2025 - 14:37 Source
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Renew Economy Friday, October 3, 2025 - 14:29 Source

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MacroBusiness Friday, October 3, 2025 - 14:00 Source

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 2.50% from its July 2024 peak of 5.50%: The decline in the OCR has delivered a sharp reduction in mortgage rates: Typically, such a significant reduction in mortgage rates would be associated with a sharp appreciation of home values, given improved

The post Listings deluge sinks New Zealand house prices appeared first on MacroBusiness.

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Renew Economy Friday, October 3, 2025 - 13:50 Source
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MacroBusiness Friday, October 3, 2025 - 13:00 Source

Last week, the Business Council of Australia (BCA) warned of the potential economic consequences of the Victorian government’s proposal to introduce a legislated right to work from home for at least two days a week. The BCA has used its submission to an inquiry into the proposal to contend that employers are likely to respond

The post Melbourne the king of ‘work-from-home’ appeared first on MacroBusiness.

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Renew Economy Friday, October 3, 2025 - 12:50 Source
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MacroBusiness Friday, October 3, 2025 - 12:00 Source

In the years since China began its meteoric rise to become the world’s unrivalled manufacturing hyperpower, Beijing has increasingly used trade as a tool to exert pressure on companies or governments. By weaponising Chinese demand for everything from overseas holidays to agricultural produce, Beijing has been able to extract concessions from nations reliant on China

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MacroBusiness Friday, October 3, 2025 - 11:30 Source

With the release of the latest ABS Building Approvals data for August, it was revealed that dwelling approvals had fallen by 6.0% on a month-on-month basis but were still up 3.0% year-on-year. However, looking at a chart of trend approvals shows they had rolled over recently. This provides a concerning sign that there may not

The post A perfect storm for Aussie housing appeared first on MacroBusiness.

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MacroBusiness Friday, October 3, 2025 - 11:00 Source

Michael Read at The AFR posted the following chart showing that tax receipts as a share of GDP hit their highest level in 38 years at 25.9% of GDP. The rise in tax receipts have been driven by personal and corporate tax receipts, which has more than offset by declines in tobacco and fuel excise

The post Australians taxed punitively for ‘having a go’ appeared first on MacroBusiness.

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Renew Economy Friday, October 3, 2025 - 10:53 Source
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MacroBusiness Friday, October 3, 2025 - 10:30 Source

Upon the arrival of the pandemic in Australia in early 2020, the consumer confidence of the nation’s households experienced a sharp decline and has remained turbulent. By mid-2021, consumer confidence within ANZ-Roy Morgan index had returned to pre-Covid levels. Then, with the 2021 round of lockdowns and pandemic-driven restrictions, it began to tumble again. While

The post Optimism for Australia’s future collapses appeared first on MacroBusiness.

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MacroBusiness Friday, October 3, 2025 - 10:00 Source

I reported this week on Jobs & Skills Australia’s (JSA) latest study on the international education sector, which admitted that the primary motivation for international students to choose Australia is to obtain work rights and permanent residency. Nearly 70% of international higher education students reported migration as a key factor in their decision to study

The post International students refuse to return home appeared first on MacroBusiness.

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xkcd.com Friday, October 3, 2025 - 10:00 Source

Progress on getting shipwrecked sailors to adopt ICMPv6 has been slow.

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The Tally Room Friday, October 3, 2025 - 09:34 Source

New Zealand will go to the polls next year at their next general election, and the electoral map of New Zealand has been redrawn in advance of that election.

New Zealand’s parliament is elected via mixed member proportional, with a majority of MPs elected to represent single-member electorates using first-past-the-post, and the remainder elected from party lists as top-ups to ensure overall proportionality.

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MacroBusiness Friday, October 3, 2025 - 09:30 Source

The BHP dispute is capturing the headlines, but it’s the steel glut that is driving ferrous market pricing. Even after another accident at Simandou yesterday, costing three lives, the market could not find a bid. The problem is that there is far too much steel, so prices keep falling. This is the perverse fruit of

The post Steel piles up in China appeared first on MacroBusiness.

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MacroBusiness Friday, October 3, 2025 - 09:00 Source

The Market Ear on a bull gone mad. Most shorted mania Most shorted needs a bigger chart soon. Note that we are in overbought territory, but RSI is actually slightly lower than what we saw during the latter part of September. Source: LSEG Workspace MOVE chilling Bond volatility remains “depressed”. Noteworthy is that VIX has

The post Stock bull runs wild appeared first on MacroBusiness.

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