Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Australia should be swimming in money

August 16, 2024 - 13:00 -- Admin

Earlier this year, The AFR posted the following chart showing the enormous growth in Australia’s terms of trade over the past 20 years: The AFR’s John Kehoe noted that “compared to other countries”, Australia’s terms-of-trade “has increased by almost two and a half times, or 146% since the turn of the century”. The following chart

The rise and rise of female jobs

August 16, 2024 - 12:30 -- Admin

Alex Joiner, chief economist at IFM Investors, has published some terrific charts on Twitter (X) showing the massive rise in female labour force participation over the past decade. The first chart from Joiner shows that the rise in Australia’s participation rate since 2015 has been dominated by females: Female participation has risen by 2.29% since

Coalition pours petrol on housing dumpster fire

August 16, 2024 - 11:30 -- Admin

HECS debts could be deferred, and lending rules relaxed in a Coalition election pitch to make it easier for “aspirational” Australians to buy their first home. According to media reports, the Coalition is examining loosening lending rules to make obtaining a mortgage more accessible for first-time homebuyers. Andrew Bragg, who will lead the inquiry, said

Kamala rebuilds the blue wall

August 16, 2024 - 11:13 -- Admin

It’s still early days, and it’s still a honeymoon, but Kamala Harris is on a roll. These are aggregated polls. It’s a handy lead: And has so far rebuilt the “blue wall” of the mid-west swing states: Barring something stupid, I reckon she is going to win by bringing youth and women out to vote.

Bank bubble turns hilarious as NAB warns

August 16, 2024 - 11:00 -- Admin

The bank bubble is well understood. No earnings growth has met expanding multiples: To create the world’s most expensive banks: Now the bubble has turned from silly to hilarious, as NAB warns: Operating performance Compared with the 1H24 quarterly average, underlying profit declined 2%. Key drivers include: • Revenue declined 1%. Excluding Markets & Treasury

Pages