Blogotariat

In the last three years there has been a blizzard of new laws with respect to youth justice across Australia. While some laws have been welcome, a substantial number have been retrograde. In this category, laws with respect to young children have been the most controversial. This fact has attracted critical attention from a number of respected international and non-governmental human rights organisations.

Over the past decade, the number of cafes nationwide has reached an unsustainable level, and many are struggling to survive. I moved to my home suburb of Ashburton, Melbourne, in 2006. At the time, the local High Street shopping strip had only a few cafes. The number of cafes peaked at around a dozen in

The post Australian cafes face an existential crisis appeared first on MacroBusiness.

International Reads: Costco to raise hourly pay for most US store workers to over $30 – Reuters Trump says US could soon put 25% tariffs on goods from Mexico, Canada – Reuters Trump’s grant gambit threatens to wreck the goldilocks economy he inherited – CNN Americans tipping less as frustration over prices and prompts grows,

The post Weekend Reading and Media Appearances appeared first on MacroBusiness.

Will Australia’s real ambassador to the US please stand up? Golfing great Greg Norman hinted he was called upon once again to act as a bridge between the Australian government and Donald Trump, helping to arrange a meeting between the president and ambassador Kevin Rudd. MB has noted many times that Rudd chum is blood

The post Great White Shark devours Rudd chum appeared first on MacroBusiness.

Ambos, police, doctors, nurses, mental health workers: wage claims, strikes, walkouts, burnouts, suicide. All of these crises are linked in several different ways. Paramount is the federal immigration-led economic model that piles people upon people—often from a Third World where life is cheap—while the states that govern most of the front-line services are left to

The dollar has been eviscerated. But import prices are going precisely nowhere. Key statistics Export price index rose 3.6% this quarter and fell 8.6% through the year. Import price index rose 0.2% this quarter and fell 1.9% through the year. With the private economy so weak, importers are bringing in falling international prices for goods,

The post Imported inflation has collapsed appeared first on MacroBusiness.

The beauty of MB is you don’t have to wait four months for the MSM to tell you the so-called “news” that is four months old.  You can track it when it happens. We have been predicting a new round of retail bill shocks delivered from the AER in March for 2025/26 and the ground

The post Here comes your new energy bill shock appeared first on MacroBusiness.

In late 2021, Labor released its Powering Australia Plan, which promised to cut NEM wholesale electricity costs by $11 per MWh from $62 to $51 by 2025. Labor claimed that its Powering Australia Plan would save Australians $275 on their residential power bills. This week, The Australian reported that the cost of generating electricity across

The post Labor lied to Australians on energy costs appeared first on MacroBusiness.

In 2009, the former Rudd government decided to allow temporary migrants to acquire Australian homes. The subsequent surge in temporary migration, especially among international students (with China accounting for the largest proportion), increased the demand for residential properties in Australia from foreign nationals. Opposition leader Peter Dutton promised that, if elected, he would ban foreign

Following the Fed, the ECB meeting last night saw another rate cut which helped boost European stocks and pushed the USD higher until the latest US GPD print which missed slightly, upsetting some expectations. Toss in a bit of Apple earnings and other tech volatility and Wall Street basically came out on top but we

The post Macro Morning appeared first on MacroBusiness.