Situation critical for Australian housing supply - MacroBusiness
WEB1 day ago · The data surrounding Australia’s housing construction continues to disappoint, mocking the Albanese government’s fantastical target of constructing 1.2 million homes over five years ...
Strong jobs print prevents RBA from cutting rates
WEB23 hours ago · The rise in jobs also increased the employment-to-population ratio by 0.1% to 64.3%, which is just below the November 2023 historical high of 64.4%.
32 billion excuses to avoid one policy fix for housing
WEB1 day ago · And, 32 billion excuses not to do the one thing that would fix housing. Cut immigration to 90k per annum for five years, which would: immediately begin to resolve rental shortages and lower rental ...
Why the Aussie bank bubble is going to pop - MacroBusiness
WEB23 hours ago · The bank bubble is now so large that it has become a standing joke among brokers: Relative to international peers is hilarious: CBA is now part of the Mag 8, valued between Google and Microsoft.
Worsening recession means deeper Reserve Bank rate cuts
WEB2 days ago · The Reserve Bank of New Zealand cut the official cash rate (OCR) by 0.25% last month to 5.25%. It also forecasts a series of rate cuts over the next 18 months: The latest batch of data on the New ...
Poor productivity delivers stagflation economy - MacroBusiness
WEB2 days ago · HSBC chief economist Paul Bloxham has warned that Australia’s productivity decline since the pandemic has been the steepest in the world and that the nation risks stagflation and higher interest ...
Macro Afternoon - MacroBusiness
WEB3 days ago · Australian stocks were able to put in some minor gains as the ASX200 closed 0.3% higher to extend above the 8000 point level at 8127 points while the Australian dollar is also extending its gains ...