Blogotariat

The NAB survey was out yesterday and showed ongoing disinflation in all cost inputs. These costs are the equivalent of 0.6-0.7% per quarter inflation. Hardly terrifying, especially since the survey also indicated an ongoing jobless recovery, with the employment measure stuck at 3, where it has been all year. With the transition from job-intensive spending

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Major funding cuts to US data agencies threaten Australia's weather forecasting and climate modelling, as scientists warn of a rise in attacks and misinformation.

The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy (SoMP) revised its medium-term unemployment rate forecast to 4.4%, up from 4.3%. As illustrated below by Alex Joiner from IFM Investors, the RBA’s unemployment rate forecast to the end of 2027 is slightly lower than the current unemployment rate of 4.5%: Therefore, the RBA

The post RBA’s unemployment forecast already shot to pieces appeared first on MacroBusiness.

Clean energy fund manager and developer reaches financial close on its second major firmed renewables project this year.

To Bill Gates, overthrowing the power of the ultra-wealthy seems to be – literally – unthinkable.

By George Monbiot, published in the Guardian 8th November 2025

Prosper Australia today welcomed the inclusion of a stamp duty to land tax transition in Infrastructure Victoria’s new strategy but criticised the absence of value capture as a sustainable and equitable funding mechanism. “We applaud Infrastructure Victoria’s endorsement of a broad-based annual land tax. This reform recognises that shifting the tax base from transactions to […]

Not quite a green a day as expected here in Asia with only some markets moving higher in the wake of the news that the Republican shutdown of the US government may finally be coming to an end. While gold continued to push higher, other undollars like the Kiwi and Australian dollar have steadied with

The post Macro Afternoon appeared first on MacroBusiness.

Portuguese energy giant signs deal with Queensland's QIC for new solar battery hybrid, indicating some renewable projects will get built despite LNP policy.

One of Australia's biggest domestic solar manufacturing hopes wins more than $25m in federal funding to edge closer to the goal of ultra-low cost solar.

Westpac says boom.. Westpac-Melbourne Institute Consumer Sentiment Index surges 12.8% to 103.8. First positive read since early 2022 and a seven-year high (excl. COVID period). Expectations improve as domestic recovery firms, trade risks subside. Strong gain is despite a less confident outlook for interest rates and jobs. ‘Mortgage belt’ is a notable exception, sentiment dipping

The post Consumer confidence goes boom and bust appeared first on MacroBusiness.

The Market Ear on improving gold technicals.  Gold moving again Gold found support on the big $3900 level, and was close to the 50 day. The shiny metal is putting in the biggest up candle (as of writing) since the sell off began. We are well above the $4000 area. Next bigger resistance at $4200

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