The Reserve Bank of Australia’s (RBA) decision to hike the official cash rate by 0.25% last week has failed to dampen buyer enthusiasm in the housing market. According to Cotality, the nation’s preliminary auction clearance rate rose to 73.7%, up from 69.7% last weekend. It was also significantly higher than the 64.2% preliminary clearance rate
All of a sudden, the planets have aligned. Something both sides of Australian politics have been able to shunt off into the ‘politically too hard’ basket for much of a generation is now eminently doable. All that is required is data, some integrity in interpreting that data, and the political cojones to stand and deliver.

WASHINGTON — Lawmakers, including House Speaker Mike Johnson, R-La., and Sen. Ted Cruz, R-Texas, joined Christians from around the country earlier this week at the Museum of the Bible for a national day of repentance, while highlighting the plight of persecuted Christians worldwide.
A threatened Aussie tiddler flashes a fin for tiny freshwater fish worldwide, toxic PFAS chemicals are all around us and deep inside us and never go away, and illegal gold mining in Congo destroys the environment and communities.
Tiny fishes – miniature marvels that slip through the net

Swedish Palace Confirms Princess Sofia Met Jeffrey Epstein Multiple Times as She Quietly Skips Nobel Prize CeremonyThe news comes weeks after King Charles stripped his brother Andrew of his royal titles and honors due to his connections to Epstein
Russian President Vladimir Putin launched the Year of Unity of the Peoples of Russia in Moscow, urging ethnic and religious solidarity as the Ukraine war continues. Invoking historic battles against foreign enemies, Putin said Russian soldiers fight as brothers across faiths, as crowds rallied behind the Kremlin’s push to sustain public support amid prolonged conflict.
Despite the strong prospects of an interest rate hike, the nation’s final auction clearance rate bounced last weekend. Cotality recorded a final clearance rate of 66.4% last weekend, up from 57.1% in mid-December and 59.4% at the same time last year. Melbourne’s final clearance rate was 63.7% last week, up from 58.4% and 58.6% at

An NGO bankrolled 47 percent by the German federal government and 26 percent by the EU is now suing X for “access” to Hungary’s election data. They dress it up as transparency. It’s nothing of the sort. This is institutionalized surveillance masquerading as democracy promotion — the same Brussels–Berlin complex that lectures nations about sovereignty while quietly trying to override it.
International Reading: Survey: 43% of Americans Don’t Have Savings to Pay for a $1,000 Emergency – US News Employers announce most job cuts since 2009 as economy wobbles – USA Today Warren to call for reversal of Trump’s UAE chip sales after ‘Spy Sheikh’ revelations – CNBC Trump is giving the U.S. economy a $65
The post Weekend reading and MB media appearances appeared first on MacroBusiness.

Nord Stream (1224 km) and Nord Stream 2 (1200 km) are gas pipelines from Russia to Europe, running under the Baltic Sea, allowing gas supplies to bypass transit countries.
I can see why people do not care
About the Epstein saga to be aware
They think if they do think which is debatable
about the next meal to place on their table
While some young one prepares for a nose piercing
A tasteful tattoo on the left buttock and a penis ring
Some young girls go for the cheapest make up
At the pharmacy that tells them that down is up
Yes, this is my last post at MacroBusiness…see more below but first the final roundup of today’s markets: Its been a tough day on local markets with the ASX200 slumping while the nexus of the AI bubble on Wall Street, the Trump regime’s warmongering in Iran, a snap election in Japan and the latest US
The post Macro Afternoon…and a Farewell appeared first on MacroBusiness.
Malcolm Turnbull says more "simpler" pumped hydro needed as solar outpaces wind, and insists that Snowy 2.0 will deliver value despite delays and cost blowouts.
The post We need more hydro, Turnbull says: But would many smaller projects have been better than Snowy 2.0? appeared first on Renew Economy.

