Blogotariat

This is amusing to watch. Australia’s largest east coast exporter, Australia Pacific LNG in which Origin Energy owns a 27.5 per cent stake, is arguing for sweeping reforms that would rewire the domestic market and impose stricter obligations on rival producers to prioritise local buyers. By contrast, Santos — operator of the Gladstone LNG project

The post Gas cartel turns cannibal appeared first on MacroBusiness.

In the years since the pandemic first arrived on Australia’s shores in early 2020, the government has taken on a greater and greater role as a driver of economic activity. In the past five and a half years, day-to-day government spending as a proportion of GDP has risen by 4.2 percentage points above the pre-Covid

The post The hangover comes for the Aussie economy appeared first on MacroBusiness.

Couch potatoes are usually white... white TATTERS*.... They hate the news outlet called BogNews** because it ranks of extreme right wing views which they hate... But the Whitetatters need to feel good about themselves AND BogNews always deliver the ingredients: the Chinese are bad, the Russians are nasty, Israel is good and Labor (Australian Political Party) is presently leading Australia to perdition. America is TOPS...

Sometimes, markets really are stupid. The last time steel was at these prices, iron ore was $10 lower. Traders are so busy buying iron ore on the basis of anti-involution policies that they have forgotten reality. Reuters. China will push to cut steel production between 2025 and 2026, according to an official document reviewed by

The post Iron ore surges as steel collapses appeared first on MacroBusiness.

Victoria disease is the malady of endless Labor government leading to a mass immigration led economic model that destroys living standards via private sector crowding out, onerous public debt, industrial hollowing out and capital shallowing. Rinse and repeat. It is a national affliction but Victoria is it’s progenitor and the case most metastasised. What you

The post Victoria disease infects mainstream appeared first on MacroBusiness.

Australians have been trapped in a long, drawn-out per capita recession. As the following chart illustrates, Australia’s per capita GDP has recorded nine declines in the past 11 quarters. While the cumulative 1.7% decline in real per capita GDP is rather shallow compared to the early-1980s and 1990s recessions, it is the longest-running slump in

The post Australians remain trapped in the ‘recession zone’ appeared first on MacroBusiness.

Looking at the facts, there’s no reasonable conclusion except that US democracy is done for. But rather than face facts, I’m turning to fiction. So, here’s a story about the collapse of Trumpism, crony capitalism and the AI/crypto bubble. Fiction is a relatively unfamilar mode of writing for me, so critique (on style and structure rather than plausibility) is most welcome.

The crash of 2026

European Commission President Ursula von der Leyen has escalated her anti-Russia rhetoric, calling President Vladimir Putin a “predator”and reciting NATO’s talking point about a looming Russian threat to justify the EU’s push for accelerated militarization.

According to Cotality (formerly CoreLogic), Australian rental affordability was at a record low at the end of 2024, with the median household required to spend 33% of their income to rent the median home. Cotality’s latest Quarterly Rental Review, released in July, showed that rents nationally have surged by 43% over the past five years:

The post Australia’s rental market “extremely tight” appeared first on MacroBusiness.

Donald Trump demonstrates deep understanding of George Soros' nefarious role in supporting “engineered chaos,” both inside the US and abroad, retired Colonel Hatem Saber, an Egyptian expert in international counterterrorism and information warfare, tells Sputnik.

"Democrats use Soros and his organizations as tools for regime change," Saber says.

Saber highlighted the evolution of Soros’ role by decades:

Australia must decide if it will keep treating batteries as waste – or start designing for value retention across the full lifecycle, and include grid and EV batteries.

I wrote a piece about the religious bastardry afoot in the US about 18 months ago which argued the Christian nationalism was a misnomer, and that christofascism was a much more accurate term1.

Looking into the history of democracy superficially made me wonder why most democratic nations became democratic when the church was politically much more powerful and had a great deal of influence over the lives of most of the populace, while now many of the churches in the US are antidemocratic in that they have been cheerleaders for Trump, who is rapidly dismantling US democracy. What has changed?

Australia's most coal dependent state enjoys record levels of rooftop PV, and record levels of curtailment of large scale solar and wind.