Blogotariat

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

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.

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.

As the debate over the right level of migration into the nation continues, I thought it would be interesting to look at some assessments of Australia’s migration system. There are plenty of reports that are scathing of the system’s failures, from its vulnerability to exploitation to its lack of focus on the skilled migrants most

The post The Albanese government vs Albanese government on immigration appeared first on MacroBusiness.

Santos runs two LNG export trains out of Gladstone, Queensland, which siphons up East Coast gas and ships it to Asia (mostly China). Since Santos’ LNG export trains came online in 2015 (alongside others), the volume of gas produced on the East Coast has doubled, while 25% less gas has been supplied to domestic users.

The post Abu Dhabi pulls out of Santos takeover bid appeared first on MacroBusiness.

Front-line situation is dire: high casualties and unsustainably high desertion rates.

Gen. Cerski (noted Sept 8) acknowledged Ukraine faces roughly a threefold disadvantage in forces/resources in key sectors.

Ukraine struggles to man the front — manpower is in “terminal decline” while Russia is reportedly achieving net monthly gains.

Leaders are pinning hopes on technological fixes (UAVs, ground robots, drones) to substitute for missing personnel.

Australia’s governments want to ‘solve’ the housing crisis by pushing Australians into high-rise apartments. They ignore that the 2010s decade saw the biggest boom in high-rise apartment construction in Australia’s history, concentrated in the nation’s major capital cities: This unprecedented boom in high-rise apartment complexes resulted in a spike in construction faults and quality issues,

Advances in battery technology should be a blessing to consumers, allowing them to force networks to finally compete for their custom.

Monash researchers say breakthrough in super capacitor tech means they could store enough energy to replace batteries in many applications.

Australian wind energy prices have doubled to more than $110/MWh, and the technology is facing an "existential challenge" from lower cost solar and battery hybrids.

After this month’s stronger-than-expected June quarter national accounts release, which saw the economy grow by 0.6% over the quarter (faster than consensus and the RBA’s forecasts), Westpac’s leading index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, has stalled. The six-month annualised growth rate in

The post Aussie economy losing momentum? appeared first on MacroBusiness.

Of the 16 battery project winners from the biggest CIS tender, one is already almost finished, others have started but some will take a year before their owners commit.

On Monday, Shadow Home Affairs Minister Andrew Hastie threatened to quit the opposition front bench unless Coalition leader Sussan Ley abandons the party’s commitment to a net zero emissions target. For more than two decades, the Coalition has been engaging in internal battles over the issue of climate change action. Back in 2003, several prominent

The post The political realities of ‘Net Zero’ and the LNP appeared first on MacroBusiness.