Blogotariat

Economists have regularly debated the role of government as a driver of the economy since the Covid-19 pandemic. The most common data point is the contribution of the government to overall economic activity. As the chart below illustrates, over most of the last 40 years, the proportion of GDP derived directly from government generally moved

The post How government took over the economy appeared first on MacroBusiness.

Australians are fed up with the immigration-led economic model. It’s in every poll. Australian Population Research Institute: 54% want lower immigration; Newspoll: 56% want lower immigration; Essential: 54% believe Australia’s population is growing too fast and 64% believe immigration is too high; Lowy: 54% of people think the total number of migrants coming to Australia each year is too

Prime Minister’s are dropping like flies as the French government collapsed overnight, which followed the resignation of Japanese PM Ishiba over the weekend. The market reaction has been contained more or less with traders actually positioning to see how Trump will react on anti-social media to the release of the latest Epstein evidence and try

The post Macro Morning appeared first on MacroBusiness.

Real per capita household disposable income is arguably the most accurate measure of individual living standards. OECD data showed that in the decade to the March quarter of 2025, Australia experienced the poorest rise in real per capita household disposable income among major English-speaking nations. Australia’s real per capita household disposable income increased by only

The post Australia’s 15 years of income pain appeared first on MacroBusiness.

Australia has frozen itself in the posture of a colonial vassal. The half-century agreement with Britain on nuclear submarines is not a “step toward security” but a stamp of subordination in the archive of the Anglo-American empire.

AUKUS in the Shadow of Regional Resistance

BY Rebecca Chan

Broadcaster Kel Richards has lamented the “tragic” death of the Australian backyard in a segment on Sky News. “Figures came out … in which they showed there are relatively fewer standalone homes being built and far more high rise apartment blocks being built”, Richards said. “I call the death of the great Aussie backyard, I

The post The ‘death of the backyard’ is inevitable appeared first on MacroBusiness.

Mass timber is a proven path to decarbonise construction while speeding delivery and supporting regional manufacturing – and Australia has the ingredients to lead.

The first round of public submissions for the Queensland state redistribution were published last week – about three weeks after they were submitted to the Commission. So I thought it would be useful to examine what they say, with a particular focus on the major party submissions.

There are four rounds of submissions:

Marinus Link names preferred bidder for contract to build supporting infrastructure at either end of the undersea cable linking Tasmania and mainland Australia.

Morgan Stanley is very DXY bearish. The US dollar has remained remarkably stable in recent weeks. Even the political noise surrounding potential personnel changes at the Federal Reserve and the decline in front-end UST yields have not rattled the greenback. This resilience stems in part from a perception that the US economy is absorbing import

The post Major bank: Australian dollar to 70 cents appeared first on MacroBusiness.

A single coal mine could be in line for $44 million in fuel tax credits each year - and over time total more than the $1 billion cost of the project.