MacroBusiness
Wednesday, March 12, 2025 - 12:30
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Last month, SQM Research released data showing that the national vacancy rate fell to just 1.0% in January 2025, down 0.1% year-on-year. “The sharp decrease in rental vacancies strongly indicates Australia’s rental market crisis is not over and has potentially deteriorated at the start of 2025”, SQM Research noted. Rental prices also recorded a sharp rise The post Australia’s rental crisis averted? appeared first on MacroBusiness. |
The Tally Room
Wednesday, March 12, 2025 - 12:16
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The federal Joint Standing Committee on Electoral Matters holds an inquiry into the conduct of each federal election, and they did so in 2023. I had the opportunity to make a submission, and then appear before the committee. Their final report was published in November 2023. |
MacroBusiness
Wednesday, March 12, 2025 - 12:00
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It is probably fair to say that you get the energy prices you deserve. If you choose to loosen the bonds of national identity, dumb down the populace and castrate public debate then your not equipped to deal with complex problems. Maybe you’re not even equipped to deal with simple problems, such as the theft The post Here comes your next gas cartel bill shock appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 12, 2025 - 11:40
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The Albanese government has experienced a resurgence in the polls this month, increasing the likelihood that it will win a second term, albeit with the assistance of minor parties. The latest Roy Morgan polling shows that Labor has regained the lead with 51.5% of the two-party preferred vote, up 2% on the last reading. “If The post Albo’s Labor bounces back in election polling appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 12, 2025 - 11:20
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The NAB business survey this time. Goldman. Overall business conditions were broadly unchanged at +4 in February,remaining a bit below the longer-term average of +7. Forward orders also remained negative (-3), while capacity utilisation continued to edge lower (-10bps to 81.9%). Inflation pressures also eased, with growth in final selling prices (-38bps to+0.46%qoq) annualising below |
MacroBusiness
Wednesday, March 12, 2025 - 11:00
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The University of Melbourne is considered Australia’s most prestigious university globally. In 2025, it ranked 47th in the Times Higher Education Reputation Rankings. The University of Sydney was ranked at 60, while Monash University was at 63. The following graphic shows the scoring for the University of Melbourne, Australia’s top ranked institution: Melbourne University ranked |
xkcd.com
Wednesday, March 12, 2025 - 11:00
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MacroBusiness
Wednesday, March 12, 2025 - 10:30
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Australian manufacturing is in terminal decline. Manufacturing comprises just over 5% of the Australian economy, the smallest share in the OECD. Exorbitant energy costs continue to drive manufacturers out of Australia. The latest insolvency data from ASIC shows that almost 1390 manufacturers nationwide have become insolvent since 2022-23. Among these, Incitec Pivot, a significant fertiliser |
MacroBusiness
Wednesday, March 12, 2025 - 10:00
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The Market is giving us every reason to buy. Hammer time It is early in the session, but SPX has put in a hammer candle so far. Needless to say, we are at very oversold levels. Note previous hammer/inverted hammer candles led to the SPX bouncing. These types of candles post aggressive moves should be The post The bear in there appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 12, 2025 - 09:30
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DXY is a falling stone. EUR to the moon! AUD followed the latter but can’t catch it. Lead boots stuck in concrete. Oil and gold meh. Copper looks uber-bullish. Thanks Goldman! Miners meh. EM meh. Junk a little down move but much more needed if US growth is really going to slow. Yields meh. Stocks The post Australian dollar enters the death zone appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 12, 2025 - 09:00
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Wall Street continues to feel the heat coming out of the “Art of the Deal” from the White House as the trade spat with Canada continued overnight pulling European stocks down and keeping other risk assets at high volatility levels not seen for over a year. Asian stocks are likely to feel the correlated brunt The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Wednesday, March 12, 2025 - 08:36
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Renew Economy
Wednesday, March 12, 2025 - 08:26
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Your Democracy
Wednesday, March 12, 2025 - 07:47
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It was the mid-60s and The Canberra Times had a problem. Rupert Murdoch was setting up The Australian just up the road on Mort Street: a fresh, modern-looking broadsheet with a national agenda. The Times, serving the national city since 1926, had a local challenger. |
Renew Economy
Wednesday, March 12, 2025 - 07:30
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Your Democracy
Wednesday, March 12, 2025 - 06:38
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US National Security Advisor Mike Waltz has announced that he will get in touch with his “Russian counterpart” in the coming days to discuss a potential settlement to the Ukraine conflict. The official made the remark following negotiations with a Ukrainian delegation, who reportedly agreed to Washington’s proposal for an interim ceasefire. |
MacroBusiness
Wednesday, March 12, 2025 - 00:05
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The Australian Bureau of Statistics (ABS) released its Q4 national accounts last week, which was a disaster for households. While the overall economy finally exited the 21-month per capita recession, real per capita household consumption declined for a record eighth consecutive quarter. The income side of the ledger was even worse. Annual real per capita The post Australian household incomes collapse appeared first on MacroBusiness. |
Renew Economy
Tuesday, March 11, 2025 - 19:12
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MacroBusiness
Tuesday, March 11, 2025 - 16:49
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AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 The post Macro Afternoon: 11 March 2025 appeared first on MacroBusiness. |
Renew Economy
Tuesday, March 11, 2025 - 15:20
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Renew Economy
Tuesday, March 11, 2025 - 15:10
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Renew Economy
Tuesday, March 11, 2025 - 14:54
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Renew Economy
Tuesday, March 11, 2025 - 14:47
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Renew Economy
Tuesday, March 11, 2025 - 14:45
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Renew Economy
Tuesday, March 11, 2025 - 14:21
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MacroBusiness
Tuesday, March 11, 2025 - 14:00
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Elon Musk’s association with the Trump Administration has contributed to the tanking of Tesla sales across the globe. According to CarScoops, Tesla sales in Norway fell 44.4% in January through February, while in Germany, Tesla sales fell 76.3% in February compared to the same month in 2024. The picture becomes even bleaker when you realise The post Tesla drives crash in EV sales appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 13:30
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Alex Joiner, chief economist at IFM Investors, has published a series of charts illustrating the explosive growth in non-market (government-aligned) employment, which has pulled down the nation’s productivity. The following chart shows that since Q1 2023, 658,071 jobs have been added in the non-market sector versus only 135,880 jobs in the market sector. This means The post Australia’s economy is a productivity desert appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 13:00
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This is about as surprising as Canberra being stupid. Goldman. CPI and PPI deflation in February:China’s February CPI and PPI inflation came in at-0.7% yoy and -2.2% yoy, respectively. Much of the CPI weakness came from thefalling demand post-Lunar New Year: food price inflation fell to -3.3% yoy (vs. +0.4%in January) and tourism price inflation The post Chinese depression leads to war appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 12:30
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The past year has seen plenty of propaganda from the property industry warning that the decline in property investment in Victoria arising from the government’s land tax hikes will harm renters. Indeed, rental bond data from the Victorian Government showed a record decline of 24,726 rental properties (3.6% of total stock) in the year to The post Melbourne has become a renters’ oasis appeared first on MacroBusiness. |
MacroBusiness
Tuesday, March 11, 2025 - 12:00
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By Dr Cameron Murray and Aidan Morrison, cross-posted from Fresh Economic Thinking. How Australia’s electricity market got POLITICAL and cost us BILLIONS Why didn’t our experts get the same answers as those abroad on the cheapest way to generate and distribute electricity? Australians will pay hundreds of billions of dollars for new investment in the The post Australians will pay for the politicisation of energy appeared first on MacroBusiness. |