Blogotariat

US President Donald Trump has issued a warning to former Russian President Dmitry Medvedev, calling him a “failed”leader and cautioning him against combative rhetoric.

Medvedev, now serving as deputy chair of Russia’s Security Council, had earlier dismissed the notion that Trump, or any other US official, could dictate Moscow’s stance on the Ukraine conflict. His comments came in response to American calls for Russia to negotiate peace or face tougher sanctions.

At the end of 2024, CoreLogic (now Cotality) reported that Australians were paying a record share of their income to rent the median home. Cotality’s latest quarterly rental report also noted that median rents have increased by 43% nationally over the past five years, forcing the typical tenant household to pay $10,350 extra per year

The post The rental crisis is not over appeared first on MacroBusiness.

While north Atlantic share markets remain buoyant due to solid earnings on Wall Street and the implied stability of the new US/EU trade deal “framework”, Asian share markets are weaker nearly across the board as peripheral nations – including India and Brazil – await the self imposed tariff deadline tomorrow set by the Trump regime.

The post Macro Afternoon appeared first on MacroBusiness.

AEMO has renamed its scenarios for the next version of the ISP, and changed some critical assumptions around EVs, hydrogen, home batteries, and even wind resources.

You know it’s bad when major miners play second fiddle to the gas cartel. Via The AFR: Rio Tinto’s Jakob Stausholm delivered Labor a brutal parting warning that Australia’s energy prices are incompatible with its goal of manufacturing at home, and warned the economy risks being undercut by more competitive markets in the battle for

The post Gas cartel destroys Made in Australia appeared first on MacroBusiness.

As noted many times, the idiocy of the Australian economy often plays out in the singular goal of local fund managers. To be long either mining or banks at the right moment, so you can outperform your peers. That’s all there is to it in the Houses and Holes economy. Recently, we had some bold

The post Mining rotation collapses appeared first on MacroBusiness.

US President Donald Trump has flagged an increase in his ‘liberation day’ baseline tariff to between 15% and 20%. Trump said countries that do not negotiate a special deal with the US will face an increase in the baseline tariff, which was originally set at 10%. “We are going to be setting a tariff, for

The post Why should Australia negotiate another US FTA? appeared first on MacroBusiness.

Who would want to be a traditional brick-and-mortar retailer in Australia? Not only are they dealing with intense competition from online behemoths like Amazon, Temu, and Shein, but they are still facing sagging sales growth. The latest retail trade data from the Australian Bureau of Statistics (ABS) highlights the point, with retail sales volumes rising

The post Aussie retailers remain locked in recession appeared first on MacroBusiness.

I have been banned from Facebook for a second time. The first time was some years ago, when I posted a simple statement along the lines of ‘with Brexit, the UK has shot itself in the foot’. The morons who ran the community standards system at Facebook told me that I was advocating violence, rather than just pointing out the stupidity of the UK leaving the European Union. I seem to remember that ban lasted for a week. In this latest episode, I have been permanently banned and was initially told that I have departed from community standards with regard to cybersecurity.

In the years since the pandemic, Canada has run one of the largest migration programs in the world in per capita terms, with its level of population growth rising to almost 3% in 2024, according to figures from the World Bank. This left Canada ranked 11th in the world for population growth, sandwiched between Angola

The post Canada faces migration revolt appeared first on MacroBusiness.