Blogotariat

Higher-priced properties are typically the most volatile and sensitive to changes in interest rates. This volatility is illustrated by CBA below, which plots quarterly dwelling value growth for the most expensive homes against the least expensive homes. This greater volatility reflects the fact that the market for the most expensive homes is thinner and when

The post First home buyers squeezed by soaring prices appeared first on MacroBusiness.

Last month the ABS announced that it would not be releasing the 2023-24 Survey of Income and Housing due to data collection issues. In the ABS’ own words: “Despite work to address these issues, the data did not meet the ABS’ high standards for official statistics and will not be released. This decision means that

The post Australia’s economic statistics fly blind appeared first on MacroBusiness.

Perhaps the most enduring mystery dogging the Albanese government is why it has taken no action to reduce gas prices. This one reform is such low-hanging fruit, so easy to do, with such immense economic upside, that the failure to act upon it is the single most toxic symptom of Australian political failure in the

The post Everybody wants to kill the gas cartel appeared first on MacroBusiness.

Wall Street rebounded overnight in what looked like a short covering exercise but barely managed to cover the Friday night losses while the USD remains on the ropes as it only moved higher against Swiss Franc as the likelihood of the Fed cutting rates much sooner increases. US Treasuries again saw further moves lower across

The post Macro Morning appeared first on MacroBusiness.

Energy utility says it will shut down the gas network supply 10 regional towns because "it is no longer viable" for its customers or its business.

Moscow believes that conditions for maintaining the 1987 Intermediate-Range Nuclear Forces (INF) Treaty with the US have “disappeared” and “no longer considers itself bound” by it, according to a statement from the Russian Foreign Ministry.

The latest Australian Bureau of Statistics (ABS) national accounts showed that Australia’s manufacturing sector comprised a record low share of GDP. In Q1 2025, manufacturing’s percentage of GDP decreased to 5.1%, down from 8.9% two decades ago and 15% in the mid-1970s. Australia has the smallest manufacturing share in the OECD, making it one of

The post Australian manufacturing is dying and nobody cares appeared first on MacroBusiness.

This is becoming a series. The point is that public figures now routinely refuse to engage with counter-arguments. I have another one not yet written about Nobel Laureate Brian Schmidt who did not respond to three polite emails from me. The latest intellectual weakling is Liz Allen, who is the go to pro-population growth demographer with media training (taking over from Peter MacDonald).

The Coalition, led by some Nationals members, is once again at war with itself over net zero. But it's a dead-end for the country and a disaster for the bush.

Marinus business case reveals steep hikes in fees for big business and other users, as opponents vent their anger over investment and environmental approvals.

Canada experienced a boom in temporary migrants over recent years, which helped drive up rental inflation to astonishing levels. As a result, temporary migrants hit a record 7% share of Canada’s population in mid-2024, which the government has promised to reduce to 5% by the end of 2027. Now spare a thought for Australia, whose

The post Australia has too many temporary migrants appeared first on MacroBusiness.

Anti-Americanism is an irrational bias. It’s a bit like racism. A prejudice against a people stemming from phobia, not reason. Australians suffer from it a lot, owing to the chip on their shoulder, none more so than Peter Lewis at The Guardian. That deal was to allow Australia to access US-UK nuclear technology delivering long-range

The post Peter Lewis welcomes his new Chinese overlord appeared first on MacroBusiness.

It’s thrust and counter-thrust in the great rent-seeking debate of our time: The PC has launched its allegedly radical plan to boost productivity via cash flow tax.  The Productivity Commission has revealed an ambitious plan to slash the income tax rate to 20% for all but the very largest Australian companies. For businesses earning between

The post The war for productivity appeared first on MacroBusiness.