Australians are suffering their longest-running per capita recession on record at seven consecutive quarters. This recession is driven by the household sector, where per capita household consumption has fallen for six of the past seven quarters. The Melbourne Institute’s latest nowcast for Australia’s Q4 GDP growth, compiled by Justin Fabo from Antipodean Macro, remained at
The beauty of MB is you don’t have to wait four months for the MSM to tell you the so-called “news” that is four months old. You can track it when it happens. We have been predicting a new round of retail bill shocks delivered from the AER in March for 2025/26 and the ground
Nothing better illustrates the disgusting unity ticket of swan diving living Aussie standards than Fake Trump, Peter Dutton. We have already pointed out the lunacy of his nuclear fantasy, his incredibly corrupt and useless gas policy, his grovelling to an autocratic China, his bizarre liquid lunch tax education lieu of tax reform, his phony Australia
In late 2021, Labor released its Powering Australia Plan, which promised to cut NEM wholesale electricity costs by $11 per MWh from $62 to $51 by 2025. Labor claimed that its Powering Australia Plan would save Australians $275 on their residential power bills. This week, The Australian reported that the cost of generating electricity across
It was bad enough that Raja Albo aborted wage growth and dropped a rent bomb via the mass immigration of Indian scabs. Now he has been busted stuffing his face with curry at the table of his fellow Kshatriyas as he sells your border for ALP baksheesh. Anthony Albanese was the star attraction at a
In 2009, the former Rudd government decided to allow temporary migrants to acquire Australian homes. The subsequent surge in temporary migration, especially among international students (with China accounting for the largest proportion), increased the demand for residential properties in Australia from foreign nationals. Opposition leader Peter Dutton promised that, if elected, he would ban foreign
Following the Fed, the ECB meeting last night saw another rate cut which helped boost European stocks and pushed the USD higher until the latest US GPD print which missed slightly, upsetting some expectations. Toss in a bit of Apple earnings and other tech volatility and Wall Street basically came out on top but we
DXY is back. AUD is not. Lead boots is also back. There’s no denying gold’s new drivers now. Commod prices are differentiating around tariffs. Miners dead cat bounced. Wanna be Deepsuckered by EM? Junk hope. Yields not convinced. Europe turning red hot. There are the beginnings of a rotation away from US exceptionalism plays but
CoreLogic’s daily dwelling value results for January show that home values across the five major capital city markets declined by 0.2% over the month, driven by falls of 0.4% and 0.6% across Sydney and Melbourne. By contrast, home values across Brisbane (0.4%), Adelaide (0.7%), and Perth (0.4%) rose in January. Over the three months to
Domain’s house price reported a median house price for Sydney of $1,645,444 at the end of 2024, more than double the $811,000 median price in 2014. The following table illustrates that Sydney’s median house price is around $580,000 higher than Canberra, Australia’s second most expensive capital city. A recent CBA analysis revealed that Sydney’s housing