Blogotariat

ANZ doesn’t think so. Heightened global trade uncertainty has been driving gold’s rise toward USD3,500/oz. While noise around US tariffs persists,we believe the market will gradually become desensitized to new announcements. As this occurs, macro economic data are likely to take over as the primary catalyst. Market expectations of the level of US tariffs have

The post Gold exhausted? appeared first on MacroBusiness.

The biggest narrative in world markets surrounds the US. On one hand, the US economy has been growing strongly, is resilient and has seen significant productivity growth. On the other, it is being assailed by a raft of economic uncertainties, from tariffs, to domestic demand, capital expenditure plans, tourism, higher interest rates, higher wage growth

The post MB Fund Podcast: Economic Tipping Points appeared first on MacroBusiness.

The cancellation of Hornsea 4 in the UK follows a spate of similar decisions elsewhere. What is causing developers to pull out when they are due to make their final investment decision?

The “Stats Guy”, Simon Kuestenmacher, is a well-known immigration shill. For years, he has spread propaganda in support of Big Australia immigration. Last year, Kuestenmacher claimed that Australia’s skills shortages would grow unless net overseas migration remained at a historically high level. In February, Kuestenmacher stated that “Australia is running out of workers and increasingly faces

The Australian Electoral Commission conducts a two-party-preferred vote in every seat, which is a count between Labor and the leading Liberal or Nationals candidate. In seats where the two-candidate-preferred vote is not Labor vs Coalition, they do the count later. With 35 seats now “non-classic”, the AEC needs to conduct those notional 2PP counts in more and more seats.

Hours after being deported from Israel, Greta Thunberg accused the country of kidnapping her and her fellow activists in international waters, adding that she had refused to sign a document stating that she had entered Israel illegally.

A weaker than expected US inflation print overshadowed the not-a-deal US-China trade talk announcement from the Trump regime that looks almost exactly like a return to the early April settings. Wall Street couldn’t swing either of these events as positive with European shares also continuing their pullback as the USD fell back against most of

The post Macro Morning appeared first on MacroBusiness.

Over recent years, Queensland has experienced a large inflow of residents from other states. Between Q1 2020 and Q3 2024, 168,500 residents from other states relocated to Queensland. Many of these residents came from Victoria, which lost 55,400 net residents over the same period. The surge in net interstate migration into Queensland and the loss

The post Why Queenslanders might start moving to Victoria appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) released data on Australia’s housing stock, which was valued at a record $11,366 billion as of Q1 2025, equating to $1,002,500 per dwelling. The following chart plots the value of Australia’s dwelling stock against the nation’s GDP and shows that the total stock was worth 4.14 times the size

The post Australia is a housing bubble with an economy attached appeared first on MacroBusiness.

Asian share markets are having a much more relaxed session across the region as speculation of a possibly positive outcome from the US-China trade talks builds although this might be goosed tonight as European and US share futures are slowly taking a dive. Currency markets are holding their own against recent USD strength as most

The post Macro Afternoon appeared first on MacroBusiness.

For the first time ever, more battery systems were sold than PV systems in May 2025 – an extraordinary milestone. And home battery sizes are booming too.

The official Q1 CPI inflation data from the Australian Bureau of Statistics (ABS) revealed that the policy-important trimmed mean inflation rate fell to 2.9% year over year, staying within the Reserve Bank of Australia’s (RBA) inflation target range of 2% to 3%. RBA Governor Michele Bullock’s media appearance following last month’s 0.25% rate cut suggested

The post Australian inflation dives appeared first on MacroBusiness.

In an exclusive interview, Tesla Energy boss Josef Tadich discusses the extraordinary progress made since the first big battery at Hornsdale, and why the technology is already there to support Australia's charge towards 100 per cent renewables.