Financial markets are now tipping that the Reserve Bank of Australia (RBA) will deliver a 25 bp increase in the official cash rate in 2026, most likely in the second half of the year. This view is based on the acceleration of trimmed mean inflation, as well as recent solid domestic demand reported in the
Australia’s Treasurer of propaganda was back at it again, boasting on Twitter (X) that Labor has delivered a big rise in housing supply since being elected in mid-2022: The actual data on net dwelling additions (i.e., dwelling completions minus demolitions) from the Australian Bureau of Statistics (ABS) paints a far less rosy picture. It shows
In recent weeks, various polls have revealed a Coalition, but more particularly a Liberal party well and truly entrenched in an existential crisis. In the history of Australian federal politics in the postwar era, a major party facing a disastrous defeat at the ballot box generally had time to lick its wounds and reflect on
Treasurer Jim Chalmers has revealed that the federal government’s energy bill subsidies will not be extended next year. The $75 a quarter reduction for all households, which began in mid-2023 but was twice extended to alleviate cost-of-living pressures, will expire in December as scheduled. The bill subsidies have cost taxpayers almost $7 billion. “This was
Of all the nations in the world, Australia has one of the strangest sets of geopolitical relationships. On one hand, Australia has been a key U.S. ally since the American entry into World War 2, with the key battles of the Coral Sea and Guadalcanal (Solomon Islands) fought to secure shipping lanes to Australia within
The AFR’s Luke Kinsella is the latest commentator to warn about Australian real wages, which have collapsed back to 2011 levels and face a painfully slow recovery amid sluggish productivity growth. Kinsella notes that ordinary Australians are struggling with higher costs for essentials like housing, food, and energy. As a result, rising living costs are
Overnight action on stock markets was muted given the selloff in bonds across most sovereign markets with Treasuries falling back following hawkish comments from all sides on inflationary pressures. It appears the Fed may soon adopt the cautiously hawkish approach going into 2026, even after a pre-Christmas rate cut, inline with other central banks which
Australia has run one of the strongest immigration programs in the world this century, which has grown the nation’s population by an extraordinary 8.9 million people (based on the latest reading from the ABS Population Clock). Australia’s population growth has outpaced virtually every other developed nation this century, thanks to 20 years of mass migration.
The Australian Bureau of Statistics (ABS) released its Q3 Labour Account, which revealed the extent to which Australia’s job market has been artificially fuelled by government spending. As illustrated below by Justin Fabo from Antipodean Macro, the annual growth in filled jobs remained stronger in the non-market (government-aligned) sector in the year to September 2025
The latest Japanese GDP figures were the biggest catalyst here in Asia while a boost in tech stocks is seeing Chinese shares lift higher in afternoon trade. The possibility of an BOJ rate hike maybe lessening on the faster than expected retraction in GDP growth as the Trump regime’s tariff hits exports. Yen strengthened somewhat