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Australian unemployment kept lower by Only Fans
2+ hour, 18+ min ago (93+ words) macrobusiness.com.au Australian unemployment kept lower by Only Fans Since the Albanese government came to power, one metric it has pointed to most as a sign of its economic management is the nation’s unemployment rate. In trend terms, the…...
$100 oil triggers TACO
2+ hour ago (155+ words) David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics…...
RBA chooses recession
1+ day, 1+ hour ago (419+ words) David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics…...
Aussie business conditions weakest since pandemic
1+ day, 3+ hour ago (100+ words) MacroBusiness Aussie business conditions weakest since pandemic The August NAB Business Survey, which is based on responses from 24 to 31 August, was released on Tuesday, with conditions turning negative and falling to their lowest level since the pandemic as profitability collapses....
Aussies driven into working second jobs as mortgage costs bite
3+ day, 16+ hour ago (118+ words) MacroBusiness Aussies driven into working second jobs as mortgage costs bite According to data from realestate.com.au, housing affordability has fallen to its lowest level on record, with households earning a median income of about $125,000 a year only able…...
Woe is housing as GDP howls rate hikes - MacroBusiness
6+ day, 23+ hour ago (239+ words) David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics…...
Australia's productivity performance: "bad to worse" - MacroBusiness
1+ week, 23+ hour ago (79+ words) Australia’s productivity performance: “bad to worse” macrobusiness.com.au Australia’s productivity performance: “bad to worse” Australia’s productivity growth over the past decade has been among the poorest in the OECD, hampering economic and per capita growth and contributing to the…...
Australian home values decline sharply in August
1+ week, 3+ day ago (295+ words) Australia’s house price correction steepened in August. According to Cotality’s daily dwelling values index, which tracks value changes across Australia’s five major capital city markets, home prices declined by a hefty 1.2% at the 5-city aggregate level in August. As illustrated…...
Aussie interest rate expectations rocket
1+ week, 3+ day ago (107+ words) Last week’s economic data shook Australia’s interest rate markets. To recap, the policy-relevant trimmed mean inflation printed at 3.6% in the year to July, above forecasts of 3.5%. The monthly and quarterly pace of trimmed mean inflation also accelerated. Australia’s inflation is…...
Gold outruns itself
2+ week, 1+ day ago (141+ words) David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics…...