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Articles from MacroBusiness

Southerners fuel Brisbane’s house price boom

March 12, 2025 - 14:00 -- Admin

CoreLogic’s February housing market report contained the following graphic on dwelling value growth across Australia’s major capital cities. As you can see, Brisbane dwelling values have soared by 69.7% over the past five years, whereas Melbourne’s have only risen by a comparatively modest 8.2%. As a result, Brisbane’s median dwelling value was $894,425 as of

Trouble in Germany’s fiscal paradise?

March 12, 2025 - 13:30 -- Admin

Deutsche with the note. Over in Europe, the main news came from Germany, after the Green Party said they wouldn’t support the proposal from the CDU/CSU and the SPD to amend the constitutional debt brake to unlock funds for defence and infrastructure spending. That’s significant, because a constitutional amendment requires a two-thirds majority, hence support

Victorian government cuts public housing amid homelessness crisis

March 12, 2025 - 13:00 -- Admin

The ABC recently produced the following chart, showing the lack of social and public housing in Victoria. As you can see, social housing accounted for only 3% of households in Victoria in 2023, significantly lower than the national average of 4%, which is considered poor by internationally. “More than a third of Australians who are

Australia’s rental crisis averted?

March 12, 2025 - 12:30 -- Admin

Last month, SQM Research released data showing that the national vacancy rate fell to just 1.0% in January 2025, down 0.1% year-on-year. “The sharp decrease in rental vacancies strongly indicates Australia’s rental market crisis is not over and has potentially deteriorated at the start of 2025”, SQM Research noted. Rental prices also recorded a sharp rise

Another Aussie inflation index craters

March 12, 2025 - 11:20 -- Admin

The NAB business survey this time. Goldman. Overall business conditions were broadly unchanged at +4 in February,remaining a bit below the longer-term average of +7. Forward orders also remained negative (-3), while capacity utilisation continued to edge lower (-10bps to 81.9%). Inflation pressures also eased, with growth in final selling prices (-38bps to+0.46%qoq) annualising below

International student cheating trashes universities

March 12, 2025 - 11:00 -- Admin

The University of Melbourne is considered Australia’s most prestigious university globally. In 2025, it ranked 47th in the Times Higher Education Reputation Rankings. The University of Sydney was ranked at 60, while Monash University was at 63. The following graphic shows the scoring for the University of Melbourne, Australia’s top ranked institution: Melbourne University ranked

Aussie manufacturing needs cheap energy, not trade barriers

March 12, 2025 - 10:30 -- Admin

Australian manufacturing is in terminal decline. Manufacturing comprises just over 5% of the Australian economy, the smallest share in the OECD. Exorbitant energy costs continue to drive manufacturers out of Australia. The latest insolvency data from ASIC shows that almost 1390 manufacturers nationwide have become insolvent since 2022-23. Among these, Incitec Pivot, a significant fertiliser

The bear in there

March 12, 2025 - 10:00 -- Admin

The Market is giving us every reason to buy. Hammer time It is early in the session, but SPX has put in a hammer candle so far. Needless to say, we are at very oversold levels. Note previous hammer/inverted hammer candles led to the SPX bouncing. These types of candles post aggressive moves should be

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