Blogotariat

At the end of 2024, Australians required a record share of household income to make mortgage repayments on a median-priced home. Based on the latest opinion polls, Labor looks certain to win the upcoming election. When Labor is reelected, it is committed to leveraging Australian taxpayers into the housing bubble. Consider the following policy announcements

The post Labor hurls taxpayers into housing bubble appeared first on MacroBusiness.

Roy Morgan unemployment is a better measure than the doctored ABS version. “Despite the record employment growth over the last three years, there are still a significant number of people who have joined the workforce without finding employment – a total of 435,000 since the last Federal Election. This influx of people into the workforce

The post Roy Morgan unemployment tells the real story appeared first on MacroBusiness.

CoreLogic data showed that the median household spent a record share of their incomes on rent at the end of 2024. PropTrack’s rental report also showed that the share of rental homes that were affordable to tenants hit a record low at the end of 2024. CoreLogic has released its quarterly rental report, which noted

The post Rent surge drives tenants into group homes appeared first on MacroBusiness.

So far as I can tell, Treasury Secretary Scott Bessent is the greatest thing going for the Trump administration by far. This guy is very impressive. We can only hope that he brings better implementation to the Trump tariff agenda than the crazy president, Lutnick, or Navarro does.

The post Can Scott Bessent save the world? appeared first on MacroBusiness.

There is a global gas glut looming over the next five years as US and Qatari volumes surge into seaborne markets. However, those who propose importing this gas into Australia as the solution to our energy transition woes are barking up the wrong tree. Current future pricing for JKM gas in Asia for mid-winter 2028

The post The global gas glut won’t save Australia appeared first on MacroBusiness.

Developer Nigel Satterley has called for more skilled migration to help ‘solve’ the housing shortage. Nigel Satterley, whose Satterley Property Group is the nation’s largest privately owned residential land developer, claimed that Australia had suffered an annual shortfall of 40,000 homes for over a decade. He claimed that without immigration changes to bring in more

Beijing, we have a problem. The property recovery that never was is now in hard reverse post-tariffs. Leading indicators are in free fall verus previous saves in the primary market. It is the reverse in the secondary market as property dumping is the new black. Sales in primary markets are crashing. Inventory is yet to

The post Tariff shock smashes into Chinese property appeared first on MacroBusiness.

The Coalition's renewable-caused blackout apocalypse never materialised - but by putting rusting coal plants on life support it might just all come true....

Vladimir Zelensky’s office announced on Tuesday that it has fired the head of Ukraine’s Sumy Regional Military Administration, Vladimir Artyukh. The move follows accusations that Artyukh organized a military awards ceremony that was targeted in a Russian missile strike.