Blogotariat

Oz Blog News Commentary
Your Democracy Friday, August 8, 2025 - 05:33 Source

As we commemorate the 80th anniversary of the Hiroshima and Nagasaki atomic bombings, the world is drifting as close to another nuclear confrontation as it has been in decades.

With Israeli and American attacks on Iranian nuclear energy sites, India and Pakistan going to war in May, and escalating violence between Russia and NATO-backed forces in Ukraine, the shadow of another nuclear war looms large over daily life.

 

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Your Democracy Friday, August 8, 2025 - 05:05 Source

US President Donald Trump’s tariffs are having two broad impacts on the global economy – they are eroding international confidence in US leadership and disrupting global supply chains, and causing rapid geographic restructuring of international trade.

 

Jiao Wang

Beijing steps up as Washington steps back

 

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Your Democracy Friday, August 8, 2025 - 04:44 Source

An amazing thing has happened. Our taxpayer-funded think-tank Australian Strategic Policy Institute (ASPI) has commissioned analysis by Robert Macklin which shows that the public debate on Australia’s defence has been biased.

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MacroBusiness Friday, August 8, 2025 - 00:05 Source

Exorbitant land costs are the primary driver of Australia’s high home prices. According to the Australian Bureau of Statistics (ABS), residential land values, which underpin the housing market, increased by 8.8% between 2023 and 2024, reaching $7.7 trillion. Residential land values increased from 1.1 to 2.9 times Australia’s GDP over 35 years, ending in 2023-24.

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Renew Economy Thursday, August 7, 2025 - 18:06 Source
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MacroBusiness Thursday, August 7, 2025 - 16:30 Source

  It was all about tariffs again today in the minds of risk markets but Asian shares have all broadly advanced except the ASX200 which put in a scratch session. More rate cut speculation builds as the US Federal Reserve has to weigh up increasing inflation against further jobs losses as the USD continues to

The post Macro Afternoon appeared first on MacroBusiness.

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Cheeseburger Gothic Thursday, August 7, 2025 - 16:23 Source

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Renew Economy Thursday, August 7, 2025 - 15:41 Source
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Renew Economy Thursday, August 7, 2025 - 14:51 Source
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MacroBusiness Thursday, August 7, 2025 - 14:00 Source

The latest data from the Real Estate Institute of New Zealand (REINZ) showed that house prices nationally have fallen by 16.4% over 44 months, with all major centres experiencing heavy declines. As illustrated below by Justin Fabo from Antipodean Macro, home prices in real terms have crashed back to 2019 levels. Cotality released its house

The post New Zealand’s ‘slow motion’ house price crash appeared first on MacroBusiness.

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MacroBusiness Thursday, August 7, 2025 - 13:30 Source

Victoria disease is the malady of a permanent Labor government leading to an ever-rising population, along with state dependency and falling living standards. It is a national pandemic, but patient zero is Victoria, and she is now dying from a combination of crush loading, energy failure, excess debt, and inflated expectations. One area where Victoria

The post Victoria disease eats CBD appeared first on MacroBusiness.

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Renew Economy Thursday, August 7, 2025 - 13:18 Source
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MacroBusiness Thursday, August 7, 2025 - 13:00 Source

One of Australia’s most significant educational policy failures was the gradual closure of secondary technical schools between the 1970s and 1990s, driven by the mistaken belief that young people should attend university. The mistakes were then compounded when governments redirected funding for vocational education and training (VET) to universities, alongside redirecting what little VET funding

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MacroBusiness Thursday, August 7, 2025 - 12:30 Source

The ferrous complex is still easing after the recent ill-conceived push. The outlook remains weak. The big event refers to a September 3 Beijing ceremony, commemorating the 80th anniversary of the end of World War Two. Chinese steelmakers, especially those in the northern region, usually constrain production before big events to ensure air quality in

The post China is the new “widowmaker” trade appeared first on MacroBusiness.

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Your Democracy Thursday, August 7, 2025 - 12:13 Source

What happens when Jordan Peterson and Naftali Bennett get together to defend the indefensible? From distorted narratives to blatant hypocrisy in an effort to justify positions that so many see as morally bankrupt. Watch now and learn why their narrative must be challenged

https://www.youtube.com/watch?v=zGbn7cJ0L68

 

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MacroBusiness Thursday, August 7, 2025 - 12:05 Source

Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, look at a number of concerns that investors have about market concentration. The two big ones: (1) With almost 40% of the US market in the hands of just 10 stocks (2) at the same time the amount of money in passive stocks

The post MB Fund Podcast: Market Concentration Risks appeared first on MacroBusiness.

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MacroBusiness Thursday, August 7, 2025 - 12:00 Source

These poor folks at the ABC are a leading indicator. Regional Victorian residents in 10 towns reliant on standalone gas networks are in shock after learning their supply will be cut off by the end of next year. Solstice Energy has announced it will phase out its compressed natural gas (CNG) networks in Robinvale, Swan

The post Gasmageddon alarm blares in Victoria appeared first on MacroBusiness.

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MacroBusiness Thursday, August 7, 2025 - 11:30 Source

What is the wokester to do when his great enemy, Trump, tries to end wars? Simple! Abandon the suffering to protect his virtue. Wokey is just awful these days. Talking of chaos, there is yet more tariff news (at the time of writing it is top of the ABC, Reuters, The New York Times, The Wall Street Journal, CNN, BBC, and

The post Crikey appalled by ending Ukraine War appeared first on MacroBusiness.

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MacroBusiness Thursday, August 7, 2025 - 11:00 Source

UN climate chief Simon Stiell jetted into Australia to blame us for the world’s climate woes. Stiell claimed that Australia will let the world “overheat” and stated that fruit will be a “once-a-year treat” if the Albanese government doesn’t lift its clean-energy ambitions. He also warned that unambitious interim targets would destroy Australia’s “high living

The post UN should attack China on climate, not Australia appeared first on MacroBusiness.

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MacroBusiness Thursday, August 7, 2025 - 10:30 Source

The Market Ear on gold. UBS on gold 1. World gold Council’s 2Q data shows a slight slowdown in central bank gold buying, but 43% of reserve managers still plan to increase holdings (vs. 29% in 2024). 2. Investment demand is strong, led by ETFs and bar/coin buying. 3. De-dollarization, sanctions, Fed doubts, and geopolitics

The post Gold done or just getting started? appeared first on MacroBusiness.

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MacroBusiness Thursday, August 7, 2025 - 10:00 Source

Millie Muroi from The SMH noted that Australians are working more hours to compensate for declining productivity. “Given productivity—the amount of goods and services produced for a given level of resources, including hours worked—has stagnated over the past decade, Australians may be compensating by putting in more legwork”, she wrote. “According to the OECD, Australians

The post Australians are working longer, not smarter appeared first on MacroBusiness.

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Renew Economy Thursday, August 7, 2025 - 09:44 Source
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Renew Economy Thursday, August 7, 2025 - 09:37 Source
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The Tally Room Thursday, August 7, 2025 - 09:30 Source

Now that we have the final booth results for the Tasmanian state election, I’ve decided to add another chapter to a series of blog posts analysing the geographic trends of individual candidates within each party within each electorate. You can read my blog posts about the 2021 election and the 2024 election here. I’ve also done similar analyses for ACT elections.

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MacroBusiness Thursday, August 7, 2025 - 09:30 Source

The Albanese government cannot be trusted on immigration. In 2023, former Home Affairs Minister turned Housing Minister Clare O’Neil delivered a keynote address to the AFR Workforce Summit, where she bemoaned the blowout in temporary migrants under the former Coalition government: Today, really for the first time in our modern history, our uncapped, unplanned temporary

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MacroBusiness Thursday, August 7, 2025 - 09:00 Source

Risk markets moved on geopolitical and outright political shenigans overnight with Apple pushing the NASDAQ over 1% higher while possible good news over Ukraine – via the US bullying India into submission over its Russian oil purchases – and more speculation about changes at the US Federal Reserve kept the USD significantly weak. Only Yen

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Thursday, August 7, 2025 - 08:00 Source

DXY is dropping again. Sticking with the recent rally pattern, AUD is not rising as fast. Lead boots are stable. Gold is firm, oil weak. Metals tracked DXY. Big bear intact. EM rebound. Junk too. Yields firmed. BTFD! The AUD has resumed rising with broader risk. Or, should we say, resumed inflating with the broader

The post Australian dollar inflates with the bubble appeared first on MacroBusiness.

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Your Democracy Thursday, August 7, 2025 - 07:33 Source

Those with a regard for their welfare would do well not to get between ASIO chief, Mike Burgess, and a soapbox.

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Your Democracy Thursday, August 7, 2025 - 06:34 Source

US President Donald Trump praised the outcome of a meeting between his Russia counterpart, Vladimir Putin, and US special envoy Steve Witkoff, calling it “very productive.”

Both sides will work on ending the Ukraine conflict “in the days and weeks to come,” the American leader wrote in a post on Truth Social on Wednesday.

According to Trump, “great progress”was achieved at the meeting in Moscow earlier in the day.

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Your Democracy Thursday, August 7, 2025 - 04:54 Source

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