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MacroBusiness Friday, September 19, 2025 - 08:00 Source

Below is another excellent guest post from MB reader Erin Rolandsen, CEO of Angelassist: Cybernetics pioneer Stafford Beer once said: “The purpose of a system is what it does.” If that is true, what, then, do we make of Australia’s systems? Everywhere we look, the systems designed to solve problems instead perpetuate them. We have

The post Our Systems Work Exactly as Designed—Just Not For Us appeared first on MacroBusiness.

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Renew Economy Friday, September 19, 2025 - 07:46 Source
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Your Democracy Friday, September 19, 2025 - 04:30 Source

This year marks the 80th anniversary of the signing of the UN Charter. During these eight decades, much has been accomplished that calls for celebration. Yet, there is no denying that the United Nations is facing perhaps the greatest crisis of its 80-year history.

 

Joseph Camilleri

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Your Democracy Friday, September 19, 2025 - 03:33 Source

Decoupling India from Russia will be a challenge for the European Union (EU) even as it seeks to build an economic partnership with the South Asian country, High Representative for Foreign Affairs Kaja Kallas said on Wednesday.

 

Ties with Moscow key stumbling block for EU-India trade deal – KallasBrussels has no “illusions” about luring New Delhi away from Moscow, the vice president of the European Commission has said

 

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Your Democracy Friday, September 19, 2025 - 03:23 Source

 

Ukrainian leader Vladimir Zelensky has no intention of ending the hostilities with Russia, while ordinary people pay the price, Verkhovna Rada MP Georgy Mazurashu has said.

Mazurashu said Zelensky outlined his position at a meeting with members of his Servant of the People party on Tuesday, a stance the MP claimed is widely shared by the Ukrainian leader’s inner circle.

 

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MacroBusiness Friday, September 19, 2025 - 00:05 Source

The Australian Bureau of Statistics (ABS) released the official population and immigration data for the March quarter of 2025. The ABS showed that Australia’s population grew by 144,300 in Q1 2025, which was down from 156,800 in Q1 2024. However, the Q1 2025 increase was still stronger than any quarter of population increase in Australia’s

The post Is Australian immigration really falling? appeared first on MacroBusiness.

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Renew Economy Thursday, September 18, 2025 - 18:45 Source
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THE BLOT REPORT Thursday, September 18, 2025 - 18:32 Source
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THE BLOT REPORT Thursday, September 18, 2025 - 18:23 Source

The Murdoch media, or Newscorpse as it is sometimes called, is notorious for lying to its readers and listeners, as I have demonstrated many times. Some examples are given in the sources below of bald-faced lies, lies by omission, complete inventions, spin and assorted other drivel1-30.

The organisation also is about denialism. It denies climate change31-39, Covid-1940-44,

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Renew Economy Thursday, September 18, 2025 - 16:49 Source
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Renew Economy Thursday, September 18, 2025 - 16:26 Source
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Renew Economy Thursday, September 18, 2025 - 16:13 Source
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MacroBusiness Thursday, September 18, 2025 - 16:10 Source

Newlyn, Victoria     AUD/USD     EUR/USD     GBP/USD     USD/JPY     Gold     WTI     Brent     Australia 200     US S&P 500     UK 100     Japan 225  

The post Macro Afternoon: 18 September 225 appeared first on MacroBusiness.

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Cheeseburger Gothic Thursday, September 18, 2025 - 15:57 Source

I hate clogging up people’s inboxes with junk email, which is why I post 99% of my nonsense directly to the web.

Apologies then for that last email about my Story Bible process for the World War series. Most people don’t care how the sausage gets made, they just wanna eat it.

In my defence, I had done a lunchtime workout and eaten a very large chicken curry and I was quite sleepy when I hit send, instead of publish.

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Cheeseburger Gothic Thursday, September 18, 2025 - 15:25 Source

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Renew Economy Thursday, September 18, 2025 - 15:07 Source
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Renew Economy Thursday, September 18, 2025 - 14:11 Source
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MacroBusiness Thursday, September 18, 2025 - 14:00 Source

Belinda Allen, CBA’s Head of Australian Economics, believes that the Reserve Bank of Australia (RBA) will only cut the official cash rate (OCR) once more in November, given the recent stronger run of economic data. This would take the OCR to 3.35%, which is close to CBA’s estimate of neutral. Market pricing has also shifted

The post Aussie rate cut hopes fade appeared first on MacroBusiness.

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Renew Economy Thursday, September 18, 2025 - 13:56 Source
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Renew Economy Thursday, September 18, 2025 - 13:05 Source
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MacroBusiness Thursday, September 18, 2025 - 13:00 Source

Iron is hovering in some restocking episode. Long steel products enjoyed a hoped-for infrastructure stimmies bounce. Flat keeps easing. CISA output rebounded in the first ten days of September. Mills are overproducing, with inventories up 5% in the period. More price falls ahead. Meanwhile, Chinese property will never bottom! Primary prices are down with too

The post Chinese property sinks into bottomless abyss appeared first on MacroBusiness.

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Renew Economy Thursday, September 18, 2025 - 12:07 Source
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MacroBusiness Thursday, September 18, 2025 - 11:59 Source

The only thing that may have prompted the Reserve Bank of Australia (RBA) to cut rates at its next monetary policy meeting is a sharp deterioration in the labour market. Alas, Thursday’s official labour force survey for August from the Australian Bureau of Statistics (ABS) extinguished any hope of a rate cut, with the unemployment

The post Jobs data slams door on RBA rate cut appeared first on MacroBusiness.

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MacroBusiness Thursday, September 18, 2025 - 11:45 Source

As the rise of populist major party candidates and upstart political parties continues from London to Tokyo, many have been left wondering why Australia hasn’t seen the rise of a new third alternative. While Australia has the Greens and One Nation as third-party alternatives, they are hardly new additions to the nation’s political landscape. The

The post Australia’s paralysed politics appeared first on MacroBusiness.

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MacroBusiness Thursday, September 18, 2025 - 11:05 Source

In this week’s podcast, we are digging into the overinvestment in Electric Vehicles in China, and what it means for the rest of the investment market. Join us at 12:30 today: https://www.youtube.com/watch?v=s54Mm4ex4r4   Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the

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MacroBusiness Thursday, September 18, 2025 - 11:00 Source

Australia’s migration system is flooding the nation with low-skilled workers. The following chart from Alex Joiner at IFM Investors summarises the situation, with the overwhelming majority of net migrant arrivals arriving through pathways other than skilled visas: Even leading pro-Big Australia shills Peter McDonald and Alan Gamlen admitted that Australia’s permanent migration system is unskilled

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Renew Economy Thursday, September 18, 2025 - 10:55 Source
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MacroBusiness Thursday, September 18, 2025 - 10:30 Source

Aussie wage growth has no chance of a sustained recovery. The mass immigration-led economy is, at base, a wage suppression scheme, and such macro forces will ultimately have their say. Leading indicators like the Seek Advertised Salary Index have slowed. The quarterly annualised rate is now at 3.1% and has trended lower. Other laggy indicators

The post The next leg down in Aussie wages is here appeared first on MacroBusiness.

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MacroBusiness Thursday, September 18, 2025 - 10:00 Source

On Monday, the federal government organisation the ‘Australian Climate Service’ published its latest National Risk Assessment detailing the potential impact of climate change on the nation. The report modelled scenarios in which global temperatures rose between 1.5°C and 3.0°C above pre-industrial levels out to 2050 and 2100. The Climate service warned that risks to communities,

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MacroBusiness Thursday, September 18, 2025 - 09:30 Source

The Reserve Bank GDP nowcast, released last Friday, forecast that New Zealand’s GDP contracted by 0.4% in Q2 2025. The Reserve Bank’s nowcast was revised lower following the final partial GDP indicators released last week, showing a sharp contraction in the manufacturing sector in Q2 and negligible growth in a range of services industries. On

The post New Zealand’s endless recession appeared first on MacroBusiness.

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