Blogotariat

Preliminary data from Cotality shows that Sydney’s residential auction clearance rate fell to 68.2% in the week to Saturday, which was the lowest since the week ending 8 June and was the first time the preliminary clearance rate has been below the 70% mark in 21 weeks. A total of 959 auctions were held in

The post Aussie house price growth hits two-year high appeared first on MacroBusiness.

Albo is the jetsetting, international yes man. No matter how contradictory, how damaging to the national interest, or how crazy in the context of Cold War 2.0, Albo will say yes, and yes again! Fly to India and sign away the Australian labour market to Indian scam college degrees? Yes! Fly to China and crawl

The post Albo is the jetsetting, international yes man appeared first on MacroBusiness.

Trump’s oil sanctions appear to be having some impact. Russian President Vladimir Putin remained defiant on Thursday (Friday AEDT) after US President Donald Trump hit Russia’s two biggest oil companies with sanctions to pressure the Kremlin leader to end the war in Ukraine, a move that sent global oil prices sharply higher. The US sanctions prompted Chinese

The post Will there be an oil TACO? appeared first on MacroBusiness.

Various people are weighing in on Victoria disease and its causes. The adipose are calling for a police state. Eddie McGuire says Melbourne may need a Los Angeles-style crackdown on crime to encourage people back into the city ­centre. While the city remains electric at night and during major events, Mr McGuire said weekday activity

The post Diagnosing Hellbourne appeared first on MacroBusiness.

The Coalition has long been accused of having a “women problem”: an inability to effectively engage with the nation’s female voters and identify key issues that resonate with this demographic. In terms of the hard data, the Coalition has been underperforming with women relative to men for over two decades. According to the ANU Election

The post Australian women and the path to electoral victory appeared first on MacroBusiness.

If there is a substantial expansion of the size of the federal Parliament, it will be a rare event. It has only happened twice before since federation, and hasn’t happened at all in my lifetime. About two thirds of Australian voters hadn’t cast their first vote before the last expansion in 1984.

At that year’s election, the House of Representatives was expanded from 125 to 148, adding 23 new electorates across the five mainland states. Almost every seat was redrawn, and the map looked quite different aftwards.

So with something so rare, how do we know how it would likely play out?

The ferrous market is in a period of comprehensive excess that cannot last. Even AI can read a broken ferrous market now. Record-high Chinese iron ore imports in recent months create a disconnect with domestic steel production trends. While import volumes surge, steel mill output faces restrictions from profitability constraints and government-imposed production limits, indicating

The post Iron ore piles up in China appeared first on MacroBusiness.

Friday night saw the release of the latest inflation figures in the US which came in relatively soft given the tariff push on consumers and importers, but it opens the door for a probable “safe” cut from the Fed in its upcoming meeting. Further talks between the Xi and Trump regimes on rare earth exports

The post Macro Morning appeared first on MacroBusiness.

Last week saw Australia’s housing minister, Clare O’Neil, launch a propaganda campaign to distract voters from Labor’s housing failures. First, O’Neil tweeted that Labor that “for the first time in a decade, new homes are being built faster”, and that Labor is making homes more affordable by building more of them. O’Neil’s propaganda came as

The post Labor’s ‘Big Australia’ is locked and loaded appeared first on MacroBusiness.

DXY is not going away. AUD is at the top of its recent range. CNY has given up the ghost. Gold is still vumnerable in my book. AI metals to the moon. Rio is the chosen one. EM breaking higher. Junk is back at the core but not the periphery. Yields stalled on oil. Stocks

The post Major bank: Australian dollar to keep rising appeared first on MacroBusiness.

Labor's Cheaper Home Batteries rebate and other state-based incentives are driving uptake of distributed storage. But will they fit the bill for AEMO's ISP?

International Reading: The Mother of All Corruption: Is $300 Million the Largest Bribe In Human History ?: White House releases donor list for Trump ballroom amid East Wing demolition – The Hill White House ballroom update: Trump raises price by $100 million – News Week Beyond Meat is falling back to earth after rallying 1,300%

The post Weekend reading and MB media appearances appeared first on MacroBusiness.