Foundations laid for the first of 69 wind turbines that will make up one of the biggest new wind farms in New South Wales.

New Zealand experienced one of the developed world’s largest rises in home values over the first 25 years of this century. However, as illustrated below by Justin Fabo from Antipodean Macro, New Zealand dwelling values have recently crashed back to 2019 levels, representing one of the largest property busts in the developed world. One year

There are two main reasons why the federal government supports running a high immigration program. First, immigration benefits overall economic growth, as measured by headline GDP. Running a high immigration policy allows the federal government to pretend to be a competent economic manager, even when per capita GDP growth is poor and individual living standards

So says Societe General. The AU unemployment rate jumped to 4.46% in September, above any of the Bloomberg survey forecasts. An upward revision to August leaves the average 3Q rate in line with the RBA’s latest SoMP view of 4.3%. However, the uptick skews risk higher for 4Q. Markets have been wrong-footed by single prints

The post RBA to make “insurance cut” appeared first on MacroBusiness.

In the first of a new series tackling clean energy BS, Tristan Edis asks why National Party politicians are so keen to paint renewables as the enemy of the farmer while cheering on fossil fuels?

While the level of migration remains a hotly contested issue, from the nation’s halls of power to backyard BBQ debates, for the longest time, migration conceptually was considered a positive by a majority of the public. But recently, the public’s attitude on the issue has begun to shift significantly. According to polling from Essential from