The Australian National University (ANU) is one of the nation’s key purveyors of immigration propaganda. Propagandists like “Dr Demography” Liz Allen are regular mouthpieces on the pro-Big Australia migration circuit, as are the ANU Migration Hub’s Peter McDonald and Alan Gamlen. Now, a new immigration propagandist has emerged from ANU – Ben Phillips from ANU’s
Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief Strategist, David Llewellyn-Smith discuss how markets have settled after last week’s wipeout and who knows what the story of the day will be! Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief
Australia’s labour productivity performance has ranked among the lowest in the world. The following chart shows that the Reserve Bank of Australia’s (RBA) projections for productivity growth have been far too optimistic over the past decade. Last month, the RBA’s Head of Economic Analysis, Michael Plumb, tacitly admitted that Australia’s mass immigration policy has eroded
In the early last decade, the federal Labor government made the fateful decision to approve the export of liquified natural gas (LNG) out of Queensland without requiring gas companies to supply Australians first. Then Federal Resources Minister under the Gillard/Rudd Labor governments, Gary Gray, claimed that domestic gas reservation policies create uncertainty and deter investment,
They are pouring in now. We now see the RBA easing more quickly through mid-2025 taking the cash rate to 2.6% by February. We expect the RBA to cut by 50bps in May, followed by 25bps in July, August, November and February. Headwinds from the global environment have intensified, but error bounds around our forecast
The post NAB: RBA to launch emergency rate cuts appeared first on MacroBusiness.
Great ideas, these. Peter Dutton would funnel 80 per cent of commodity revenue windfalls into two new Future Fund vehicles to pay down the nation’s $1.2 trillion debt bill and bankroll investments in regional Australia, as the Coalition ramps up its attacks on Labor’s big-spending budget and deficits. The Opposition Leader on Thursday will unveil
In the report below, Luke Yeaman, Chief Economist at CBA, examines whether the era of globalisation over. Trump, Tariffs and Trade: A Different Kind of Wall The era of trade liberalisation, free market reforms, deregulation and fiscal discipline (the Washington Consensus) is officially dead and buried. In a few weeks, President Trump has reversed a
The Market Ear on the crash up. Huge in SPX SPX futures rate of change (1day). Refinitiv NASDAQ’s upside force NASDAQ futures rate of change (1day) for the history books. Refinitiv Upside force NASDAQ surging post the latest Trump news. Note futures are trading above the 8 day moving average. 21 day around 19500, right
The post The crash up appeared first on MacroBusiness.
Treasurer Jim Chalmers reportedly held an emergency meeting with Reserve Bank of Australia (RBA) governor Michele Bullock, suggesting deep interest rate cuts are likely. Some economists now expect the RBA to deliver the most aggressive interest rate cuts since the Global Financial Crisis in 2008. Futures markets are now tipping five rate cuts over the
Another fun night on risk markets as Trump folded on his tariff tirade with a 90 day stay of execution – except for China and everyone still gets a 10% hit irregardless of surplus/deficit/other vagaries – so of course the short covering was epic with Wall Street lifting 10% or more after the Royal Twit
The post Macro Morning appeared first on MacroBusiness.