Blogotariat

The forward-looking indicators for Australian housing construction continue to worsen, pointing to worsening housing shortages ahead. The latest data from the Australian Bureau of Statistics (ABS) on dwelling approvals, commencements, and completions shows that each indicator is tracking around decade lows at the same time as Australia’s population is growing at an unprecedented pace: Loans

I’ve been thinking about empathy lately. You know, empathy. That capacity to put yourself in someone else’s shows and wonder how they can possibly walk with heels that high. I’ve decided that there’s a distinct lack of empathy from some politicians and it’s this lack from the Coalition that’s one of the possible reasons why…

The post Empathy And The Unfortunate Few Who Own Your Home… appeared first on The AIM Network.

Asian share markets are reacting to the overnight moves on Wall Street and the latest FOMC meeting with rate cut expectations dampening the mood. The USD is quite mixed as a result although the Australian dollar is falling as domestic rate cut expectations hold true going into the RBA February meeting. Oil prices remain volatile

The post Macro Afternoon appeared first on MacroBusiness.

Anti-renewables movement asked to stop using Australian Greens founder's name and image to promote a protest "hijacked by the coal lobby."

Santos, Woodside, Adani and Gina Rinehart feature among donors to major political parties in 2023.

Tasmania's Liberal government wants the federal environment minister to "get on and approve" the contentious 900MW project, despite an ongoing legal challenge to its state environmental approvals.

Not all stock market bubbles are created equal. Some have a kernel or truth that enables a change in technology, finance or another economic segment to accelerate dramatically. Although the inflated prices cause some economic distortion, they also dramatically accelerate whatever breakthrough change is occurring. One such bubble is that around AI unfolding in the

CoreLogic and PropTrack have released their house price results for January with modest rises (CoreLogic) and flat results (PropTrack) recorded respectively. CoreLogic’s dwelling values index rose by 0.4% nationally in January, with mixed results recorded across the capital cities: Dwelling value growth decelerated sharply over the past quarter across Sydney and Melbourne: This dragged capital

Inflation has fallen rapidly and is approaching central bank targets in many countries. Is inflation going to stop at 2-3%, or will there be an undershoot? Tune in to this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief Strategist David Llewellyn-Smith give insight on 2024’s most important question. Can’t make it

The post MB Fund Podcast: Is Inflation Crashing? appeared first on MacroBusiness.

I remain alert, not alarmed by the Middle East. But, there is an obvious risk case that gets worse, and Deutsche Bank has outlined it. Red Sea transits have collapsed: Longer shipping times means more containers needed: Oil is also simmering: However, it will take dramatic escalation to make it worse: I still think the

The post Middle East inflation builds appeared first on MacroBusiness.

The Australia Insitute’s Richard Denniss hit the nail on the head in his speech to the National Press Club: “The Australian Government collects more money from HECS than it does from the Petroleum Resource Rent Tax. “Thank you, children. You’re the backbone of our economy, not the gas industry.” Executive Director Richard Denniss at @PressClubAust@RDNS_TAI

Australia has received an overall score of 75 out of 100 in Transparency International’s annual corruption perceptions index, in line with the nation’s rating in 2023. Australia ranks 14th in the list of 180 countries, which are rated on their perceived levels of public sector corruption. Transparency International’s CEO Clancy Moore says “Australia can become

Wednesday’s CPI inflation data from the Australian Bureau of Statistics (ABS) showed that annual rental growth slowed in the December quarter to This slowdown in growth was artificial, moderated by increases in Commonwealth Rent Assistance (CRA), as shown by the below chart from Justin Fabo at Antipodean Macro: Had the CRA not been implemented, the

The post Australia’s rental outlook darkens appeared first on MacroBusiness.