Blogotariat

In February, on ABC’s Q&A, Prime Minister Anthony Albanese stated that the government was cutting immigration and relieving pressure on the housing market by reducing international student numbers. Albanese noted that the student visa system was being “abused”. This week, we learned that international student enrolments hit a record high of 839,200 in the year to

The post Migration leading indicator surges higher appeared first on MacroBusiness.

Countries of the South Pacific have good reason to encourage China and other countries to assist them with infrastructure. And there is nothing that Australia should, or could, do about it.

But climate change is far more important

John Menadue

Climate change, not China, is the real threat in the South Pacific

The Australian Bureau of Statistics (ABS) this week released data on Australia’s residential housing stock, which was valued at a record $11.6 trillion in the second quarter of 2025, equivalent to $1,017,000 per dwelling. The following chart compares the value of Australia’s dwelling stock to the country’s GDP. It shows that the entire residential housing

The post Australia’s housing bubble swallows economy appeared first on MacroBusiness.

Russell Morris is an Australian singer-songwriter who has been composing, recording and performing music since the late 1960s. Some of his songs have been among my favourites since I was in my teens. He has recently completed his final tour, and we went to see his final concert of this last tour at the concert hall of the Sydney Opera House last Sunday1. The concert hall seats 2,600 people and it was booked out. Most of the people there were about our age, and I doubt there were more than a few dozen under the age of 40.

Premier Danielle Smith and U.S. President Donald Trump are weaponizing the powers of the state against wind and solar energy generation.

Cheap renewable electricity to communities hosting wind and solar projects could make the energy transition fairer – and faster.

Can the electricity grid handle more rooftop solar? Bigger home batteries, supported by the federal rebate, suggests the solar duck will largely disappear.

Queensland's grid emissions have fallen, thanks to more renewables, but its vast industry extracting and exporting fossil fuels has driven an alarming rise in emissions.

The little dog was not fussed

His master was mad but nonplussed

Screaming obscenities at the crossing crowd

While pushing a pram of recycled stuff

Smoking a butt in a vanishing white puff

Making a trotting mutt so most proud

The master was saving the whole planet 

On such important business taking a bet

For the mad ruler of the universe in Tel-Aviv

Was killing an inferior race he led us to believe

The Market Ear on this mightiest of bubbles. King AI “The 30 or so AI stocks in S&P 500 have a combined 43% of market cap. Even more compelling, these names have driven almost all of the returns and most of earnings growth since ChatGPT / Nov 2022”. Source: JPM Pulse on AI “…it couldn’t

The post AI bubble builds appeared first on MacroBusiness.

A new report says despite decades of work users are still not able to fully play in energy markets, but a few tweaks and the new battery rebate could help.

The ferrous complex is as crazy as usual. With blast furnaces resuming after the warmongering parade, we should expect HRC prices to keep falling with rebar. Steel mill margins are collapsing here, and iron ore is the culprit. Goldman has scuttlebutt. China lead has been increasingly irrelevant, lots of trips up there post results so

The post Iron ore bulls appear appeared first on MacroBusiness.