Blogotariat

Leading NZ environment lawyers are suing their government over "absurd" plan to deal with its greenhouse gas emissions by mass planting non-native pine trees.

Justin Fabo from Antipodean Macro posted the following chart, which shows the collapse in mortgage rates in New Zealand. “The weighted-average interest rate on outstanding mortgages in New Zealand declined another 9bps to 5.91% in April, taking the cumulative fall to nearly 50bps since the peak”, noted Fabo. “More is coming”. Falling mortgage rates have

Tesla Energy boss says the technology is there to get to 100 per cent renewables. Just eight years ago, when the first battery was built, not everyone was convinced.

The Market Ear still sees fuel to go higher. King SMH SMH continues the squeeze higher, approaching year highs quickly. The bounce on the 21 day and the lower part of the perfect channel was a schoolbook example. Make sure to roll the call spreads into higher strikes for max optionality. Source: LSEG Workspace Not many longs

The post Stocks head for all-time high, then “VaR event” appeared first on MacroBusiness.

The US based company that is the main supplier to Australia’s most powerful big battery has filed for Chapter 11 bankruptcy, reporting more than $US300 million in debt.

Australian home values hit their highest level on record in May. The Westpac Consumer Sentiment index, released on Tuesday, showed that Australians have turned bullish on house prices, expecting significant appreciation in the period ahead. As illustrated below by Alex Joiner from IFM Investors, house price expectations have surged to a cyclical high. “With strong

The post Australians turn bullish on house prices appeared first on MacroBusiness.

One year ago, AMP chief economist Shane Oliver estimated that Australia’s cumulative housing shortage was in excess of 200,000 dwellings. The chart from Oliver showed that Australia’s housing undersupply began in the mid-2000s when the federal government more than doubled net overseas migration. However, the shortage was almost eradicated when immigration turned negative during the

The NAB survey yesterday was a shocker. There is nothing good on that table. Worse, the Aussie economy is supposed to be going through a hand-off from fading government spending to a rising consumer. Somebody forgot to tell the latter as retail fell off a cliff. In other words, the economy has reverted to a

The post Stupid RBA has killed the consumer appeared first on MacroBusiness.

The Department of Redundancy Department is Albo’s core portfolio. From The Australian. Business leaders will push for ­holistic tax reform, cuts to red tape and faster approvals for major projects as Anthony Albanese lays the groundwork for a second-term economic agenda by holding a productivity roundtable in Canberra months after his thumping election victory. With

The post Unproductive summit to fix no productivity appeared first on MacroBusiness.

I bought myself a new dictation rig, like actual physical hardware, this week. The Plaud Note Pin.

Last week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS) showed that Australia’s economy remains on life support, driven by historically high population growth and public spending. Australia’s aggregate GDP grew by only 0.2% in Q1 2025, less than half the 0.45% growth tipped by the Reserve Bank of Australia (RBA) in

The post Has the Australian economy just cracked? appeared first on MacroBusiness.