Blogotariat

Uncertainty seems to be returning to risk markets if you look beyond the headline stock indices with the Moody rating cut still reverberating amid geopolitical concerns over Russia, Gaza and the impending hurt from the Trump tariffs. US sovereign debt concerns were on the mind of more than one overnight Fed speaker and while the

The post Macro Morning appeared first on MacroBusiness.

Melbourne’s housing market has experienced the lowest value growth since the beginning of the pandemic. Between March 2020 and April 2025, Melbourne dwelling values grew by 16.2%, versus 43.3% growth across the combined capital cities. As a result, Melbourne’s median dwelling value ($781,000) is the second cheapest out of the five major capital cities, just

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Andrew Forrest's plans for Australia's biggest wind project includes a radical new turbine design that may reduce costs, and cut concrete emissions.

Risk markets in Asia are reacting with some trepidation after the Friday night cut by ratings agency Moody on US debt, with all stocks in the red with US Treasury futures also falling. This is all about the burgeoning fiscal deficit problem in the US Congress which is trying again to vote on the Trump

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A 90 megawatt solar farm and four-hour big battery proposed for construction on cattle grazing land in NSW has won state development approval.

Got this story from Jason, who got it from Vice. I think this is what happens when you watch too many boxing roo videos on YouTube:

52-year-old Eric Slate died after he fought a kangaroo at a children’s petting zoo in Horry County, South Carolina.

According to officials, Slate died from “multiple blunt force injuries” after entering an enclosure at 5 Star Farms. Slate is the brother of the zoo’s owner, Robert Slate. Eric regularly entered the kangaroo’s enclosure so he could “roughhouse” with a kangaroo named Jack.

Peter Cook, cross-posted from Pearls & Irritations. If ecological sustainability must be the basis for population policy, as argued by Jenny Goldie, then a vital ingredient for sustainability is water – the essence of life. If population policy requires identifying a desirable population size for Australia in the future, we must consider whether there will be enough

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This comes straight from the annals of the Department of Redundancy Department. Via Bloomberg: Australia’s Productivity Commission has identified 15 priority reforms to examine in the course of five inquiries it’s conducting for the government to try to boost economic efficiency and raise living standards. The five inquiries being conducted are: Creating a dynamic and resilient economy

For today’s booth map of the day I’ve gone to Calwell, the most complex seat of 2025. This booth map shows the primary vote for Labor, Liberal and the two leading independents, and swings for Labor and Liberal.

The major parties lost primary votes pretty much all over the seat. The biggest swings, but also the biggest primary votes for the two independents, appear to be in the geographic middle of the seat, although you’d probably describe it as the north of the seat when factoring in how the outer north of the seat doesn’t have that many booths.

The Market Ear wraps us up. Fade the rip? “…one of our contrarian trading rules…when >88% of MSCI global stock indices trading above their 50-day and 200-day moving averages then you sell, and vice-versa; currently 84% of MSCI indices trading above 50dma/200dma”…global stock markets v close to “overbought”…good “fade-the-rip” reminder” (Hartnett) Teflon tech NASDAQ at

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Steel is showing the tariff strain. We are entering the year’s weakest seasonal period so iron ore ought to follow. Chinese property is weak. Export volumes have held up. But is it all diversion. Sooner or later, the crashed prices needed to muscle into new markets will flow back up the supply chain. Steel demand

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The Australian Bureau of Statistics (ABS) published data last month revealing that Victorians pay the highest state and local taxes in the country. Victorian state and local government taxes were $6,348 per capita in 2023-24, $654 (11.5%) higher than the state and territory average. Victoria also saw a 40.5% increase in state and local government

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