Blogotariat

As the Kremlin massed troops on Ukraine’s border in early 2022, and the threat of sanctions grew, wealthy Russians began flying crates of cash home — with help from Raiffeisen Bank International, Brink’s and Bank of America.

Electric vehicles (EVs) receive large subsidies in Australia. First, the Fringe Benefits Tax (FBT) exemption for battery EVs and plug-in hybrids (PHEVs) is estimated to cost the federal budget more than $550 million in lost tax revenue each year. However, the FBT exemption for PHEVs expired on April 1, 2025. According to the FBT exemption

The post Stop subsidising private car purchases appeared first on MacroBusiness.

The ferrous complex continues to struggle. The one hand, the US/China trade freeze is beginning to bite. On the other hand, Beijing is readying more yawnulus. BofA. Politburo meeting pledged to ready emergency plans The Apr Politburo meeting was held on Apr 25. This was the first meeting after theUS tariff hikes that offered high-level

The post Iron ore meat into trade war sandwich appeared first on MacroBusiness.

Opinion polls continue to collapse on Peter Dutton and the Coalition ahead of Saturday’s federal election. The latest YouGov polling has the Coalition’s primary vote plunging to just 31%, down from 33% last week, with Labor’s primary vote rising 0.5% to 33.5%. The result is the lowest-ever primary vote the Coalition has received, according to

The post Dislikeable Dutton sends Coalition to new low appeared first on MacroBusiness.

The Market Ear on the bear market bounce. After the bounce After a 15% run, SPX meets trendline resistance with fading breadth, neutral RSI, and no oversold fuel left. Now it gets harder. Now what? The “easy” part of the bounce is over. Now comes a slightly more tricky setup. SPX is up some 15%

The post Stocks party with the child president appeared first on MacroBusiness.

Peter Dutton is now claiming that the Coalition is the best party to tackle climate change at this election. It makes no sense - but it kind of does make sense.

A complaint filed with the consumer watchdog alleges fossil lobby group Australians for Natural Gas engaged in misleading or deceptive conduct.

Earlier this year, Dr Raffaele F. Ciriello, a Senior Lecturer in Business Information Systems at the University of Sydney, claimed corporate elites have hijacked Australian universities. Dr Ciriello’s claims followed a National Tertiary Education Union (NTEU) investigation of 545 council positions at 37 universities, which revealed that members from the Big Four accounting firms and

As the world watches tariff brinkmanship unfold between the US and China, analysts have cast doubt on the truth of US President Donald Trump's claim in a magazine interview that China's President Xi Jinping called him.

After bouncing following February’s 0.25% interest rate cut from the Reserve Bank of Australia (RBA), momentum in Australia’s housing market has stalled. The Easter long weekend recorded the softest final auction clearance rate since January, with only 57.6% of auctions selling across the combined capital cities. This weekend’s results softened further, recording a preliminary clearance

DXY is up some more. EUR down. AUD looks like it’s sitting on resistance turned support. Led boots stuck fast. Gold and oil pulling back. Metals flaming out. Miners too. EM yawn. Junk has nearly priced out recession. Bad idea! Yields down. Stocks up. The base case is a reversal of risk before long and

The post Australian dollar pain to turn agony for investors appeared first on MacroBusiness.