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MacroBusiness Tuesday, October 7, 2025 - 16:34 Source

Old Queenscliff Pier, Victoria     AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225   Vids    

The post Macro Afternoon: 7 October 2025 appeared first on MacroBusiness.

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Your Democracy Tuesday, October 7, 2025 - 15:46 Source

Britain is “furious” over its failure to bring about the “strategic defeat” of Russia and is preparing a new “provocation” in response to battlefield gains in the Ukraine conflict, Moscow's Foreign Intelligence Service (SVR) has warned.

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MacroBusiness Tuesday, October 7, 2025 - 14:00 Source

The Reserve Bank of New Zealand has slashed the official cash rate by 2.50% from its July 2024 top of 5.50%: As illustrated below by Justin Fabo from Antipodean Macro, the sharp cut in the cash rate has reduced mortgage rates for new loans back to around pre-pandemic levels: Such a large decline in mortgage

The post New Zealand’s house price crash continues appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 7, 2025 - 13:00 Source

When the Crime Statistics Agency recently released Victoria’s crime statistics for 2024-25, it revealed that the state saw a record high number of criminal incidents, with over 483,000 incidents over the course of the financial year. But going through the numbers, one stat really jumped out at readers: Victoria Police reported that just 5,400 repeat

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MacroBusiness Tuesday, October 7, 2025 - 12:10 Source

After a months-long rebound, Westpac’s monthly consumer sentiment index crashed back to a 6-month low in September as hopes of deep interest rate cuts faded. Westpac’s Head of Australian Macro-Forecasting, Matthew Hassan, explains the results below. Key Points: Westpac Consumer Sentiment Index declines 3.5% to 92.1 in October. Optimism about outlook for family finances fades.

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MacroBusiness Tuesday, October 7, 2025 - 12:00 Source

Energy is the bedrock of a modern economy. Without affordable and reliable energy, an economy will experience cost inflation across the supply chain. The energy-intensive manufacturing sector will also shrink as it can no longer break a profit and compete against cheaper imports. Australia’s economy has experienced soaring energy costs—both electricity and gas prices—which are

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MacroBusiness Tuesday, October 7, 2025 - 11:30 Source

I consider the video-sharing platform YouTube to be one of the most useful and powerful educational tools available. Every day, I utilise YouTube to learn about topics or to troubleshoot problems. My teenage daughter regularly uses YouTube ‘How-to’ videos to learn about arts and crafts, solve math problems, fix computer issues, learn about history, do video

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Your Democracy Tuesday, October 7, 2025 - 11:03 Source

The Israeli authorities have confirmed deporting activist Greta Thunberg. She and hundreds of others were detained last week after attempting to reach Gaza aboard an aid flotilla.

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