Blogotariat

The eruption of war between Israel and Iran is no longer a hypothetical flashpoint—it is a live, unfolding campaign whose implications could shake the foundations of the international order and move the world closer to World War III. 

US applause for Israel’s Iran strikes courts wider disasterIran’s ability to absorb attacks underestimated while risks to maritime trade, oil infrastructure and regional stability are immediate

DXY is holding on. AUD is breaking down somewhat. Lead boots are getting heavier. The Trump fool has unleashed oil. Metals no bueno. Miners far to fall yet. EM meh. Junk still OK. US markets were closed but the European tell is heading south fast. War is not complex. Credit Agricole. Investors remain on tenterhooks

The post Australian dollar bombed into submission appeared first on MacroBusiness.

Another night dominated by central bank decisions contrasted with indecisions around the Israeli war on Iran with the Swiss bank cutting rates to zero while the BOE held fire, just after the Fed a few days ago, while the Trump regime again goes to the TACO truck when talking about non-existent negotiations with the Iranian

The post Macro Morning appeared first on MacroBusiness.

In September 2024, the Housing Industry Association (HIA) labelling the federal government’s failure to control immigration a “systemic policy failure” that “compounds the challenge of delivering sufficient housing”. “The underestimation of population growth is a systemic policy failure that compounds the challenge of delivering sufficient housing”, HIA chief economist Tim Reardon said. On Thursday, the

Israel’s strikes against Iran amount to US military action despite official denials from Washington, US Senator Ted Cruz has suggested. Tehran has accused America of complicity in Israel’s attacks on its nuclear infrastructure.

Turkish President Recep Tayyip Erdogan has condemned Israel’s aggression in Gaza and ongoing attacks on Iran, comparing Prime Minister Benjamin Netanyahu to Adolf Hitler.

The Rudd/Gillard Labor government made the disastrous decision in the early 2010s to authorise LNG exports from Gladstone, Queensland, without forcing gas producers to first serve the domestic market. As a result of this policy blunder, East Coast Australia became the only gas exporting jurisdiction in the world without a domestic gas reservation policy. We

The post How Australians were robbed of their own gas appeared first on MacroBusiness.

It has barely been two weeks since the no confidence motion passed, and just over a week since the Tasmanian state election has been called, but the candidates are coming out of the woodwork very quickly.

I have now updated my election guide to feature those candidates announced so far.

The Liberal Party and Labor have now announced a full slate of 35 candidates. The Liberals finished announcing their ticket this afternoon, when they announced their last four candidates for Clark.

The Israel-Iran war continues to dominate risk markets as the TACO-in-Chief threatens to join in with bunker busters over the weekend to eliminate the Iranian nuclear facilities. The USD is gaining strength against most  of the undollars with the Australian dollar losing ground on a relatively weak unemployment today, heading back below the 65 cent

The post Macro Afternoon appeared first on MacroBusiness.

What would happen if we had cancelled renewables and reverted to coal or gas? Our findings show that electricity prices would be up to 50 pct higher than they are now.

Tesla-driving sparkie from Get Off Gas, Brendan Lang, breaks down the key things to consider before buying a battery, from system sizing and blackout protection to VPPs and rebates.