Last year, prominent immigration propagandist and managing director of the Australian Housing and Research Institute, Michael Fotheringham, blamed the nation’s housing shortage on ‘greedy’ households consuming too many homes. “We are consuming more houses for the number of people we have. That is a bigger driver for shortfall in housing than migration”. “The number of
Deutsche on stablecoin regulation in the US. 1. Stablecoin legislation cements USD supremacy The GENIUS Act mandates that all stablecoins be backed 1:1 by high-quality, lowrisk liquid assets – specifically, US Treasury bills with maturities under 93 days, insured bank deposits, or physical US coins and currency (including Federal Reserve notes). Issuers must disclose their
Mark Scott is one of Australis’s greediest rent-seekers. Every year, Scott plunders $1.2m from Sydney University as its vice-chancellor. It’s no wonder he remembers Harvard so well, hobnobbing with the Great Gatsby. Three decades ago, I embarked on an exciting adventure to Harvard to complete a graduate degree, accompanied by my wife and two young
South Australia is touted as the mainland’s leader in renewable energy. According to AEMO, South Australia generates over 70% of its electricity from renewable sources, with significant contributions from wind and solar power. As shown above, wind farms are the largest source of electricity in South Australia, generating 6,651 GWh in the 2022-23 reporting period.
Or, at least I think it’s Launch Week. I’ve got a couple of new books out this week, which I wrote about on ASB last Friday. They’re very different (Romance!), but also the same (SPLODEY!) I’ll post an essay here about it later this week.
If you didn’t read the Boob on Friday and want a sneak preview, I’m building a new stack over here to help run this new project, which I’m working on with my daughter while she travels through Europe. (Anna is my official location scout.)
Recall leading apartment developer Tim Gurner’s warning that Australia’s rental crisis could last another 15 years due to a lack of supply relative to the nation’s strong population growth. “If you look at the vacancy rates, it’s pretty simple, right? We have vacancy around 1% in every single state, construction supply is the lowest it’s
One of the big stories of 2025 has been the rise of independents. There was a notable increase in the number of independents who stood at this election, but that in itself is not the most important factor. There is a tremendous range in how well an independent might poll, and how serious their campaign might be.
So for this post I wanted to track how high the independent vote has reached, how that vote breaks between a number of categories of different types of independents, and how that has translated into victories or close calls.
Another late night tariff threat dump by a senile Trump on Friday upset risk markets across both sides of the Atlantic which will result in increased volatility on the open here in Asia. Following the passage of the Trump regime’s new “Tax” Deal (aka blowing out the deficit forever) this will also embolden volatility on
The post Macro Morning appeared first on MacroBusiness.
MacroBusiness, for years, has blamed much of Australia’s productivity slump on ‘capital shallowing’, which occurs when the nation’s population grows faster than business, infrastructure, and housing investment. This situation leaves workers with less capital, resulting in less output per hour and a lower growth rate per capita. As a stylised example, assume that you run
DXy is breaking down again. AUD looks ready to breakout. Lead boots plod higher. Gold loving DXY, oil nowhere. Metals also loving the DXY. Miners not worse. Junk nothing burger. Yields fell on the night but the trend is not your friend. Stocks are not enjoying the regime of the American lira. Yet the AUD
The post Australian dollar rockets upwards appeared first on MacroBusiness.
Today’s booth map covers two neighbouring seats in southern Sydney, both of which flipped from Liberal to Labor in 2025.
The seat of Banks covers south-western parts of the Canterbury-Bankstown coucnil area and a majority of the Georges River council area, on the northern side of the Georges River. The seat of Hughes covers parts of the Sutherland and Liverpool council areas on the southern side of the Georges River, but has recently added suburbs in the Campbelltown area to the west of that river. Those changes significantly cut the Liberal margin in the seat.