Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Australian dollar sags with wages shocker

November 13, 2019 - 14:48 -- Admin

The Australian dollar is under pressure again this afternoon after today’s wages shocker: Bonds are bid a little but not as much as they should be: XJO is down with S&P futures but the still looks very bullish Dalian us trying but so far failing to rally: Big Iron is down again: Big Gas is

The post Australian dollar sags with wages shocker appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Adios housing affordability

November 13, 2019 - 14:15 -- Admin

CoreLogic has released housing affordability data, which shows that affordability peaked in the June quarter of 2019: However, that was as good as it will get given the recent surge in values, especially across Sydney and Melbourne: According to CoreLogic: CoreLogic’s head of research, Tim Lawless, said the return of the “fear of missing out”

The post Adios housing affordability appeared first on MacroBusiness.

The downfall of Murdoch University

November 13, 2019 - 13:40 -- Admin

With Murdoch University under siege over its poor handling of international student enrolments and its lawsuit against whistle-blower Dr Gerd Schroeder-Turk, an enterprising individual going by the avatar of Murdoch Maven has published the above hilarious parody: “Murdoch Downfall”. Warning: the subtitles contain explicit language. Enjoy!

The post The downfall of Murdoch University appeared first on MacroBusiness.

Older Australians hog family friendly homes

November 13, 2019 - 13:20 -- Admin

Australian Housing and Urban Research Institute (AHURI) has released new research claiming that older empty-nesters are clinging to their larger family-friendly homes. The AHURI also recommends a wide range of tax reforms to encourage seniors to downsize: “They like to stay where they’re familiar,” said lead researcher Associate Professor Stephen Whelan from the University of

The post Older Australians hog family friendly homes appeared first on MacroBusiness.

New plan to flood Australia with ‘low-skilled’ Indian workers

November 13, 2019 - 13:00 -- Admin

Australia is littered with examples of so-called ‘skilled’ migrants gaining visas only to then work in unskilled areas for low pay (e.g. here, here and here). Now, a sinister plan is being hatched to flood Australia with Indian workers to fill imaginary skills shortages: An Indian strategy to boost economic ties with Australia will recommend

The post New plan to flood Australia with ‘low-skilled’ Indian workers appeared first on MacroBusiness.

NSW Planning Minister attacks community for opposing crush-loading

November 13, 2019 - 12:40 -- Admin

NSW Planning Minister has attacked so-called NIMBY baby boomers for opposing high-rise development across Sydney: Baby Boomers are primarily responsible for hostility toward housing growth and density, Planning Minister Rob Stokes says, accusing the generation of being the drivers of so-called NIMBYism… Speaking to developers, planning bureaucrats and community leaders, Mr Stokes said growth had

Big Australia lobbyists: Aussies don’t want to live in houses

November 13, 2019 - 12:20 -- Admin

‘Big Australia’ mass immigration shills claim that Australians no longer want to live in a detached house with a backyard, and are instead choosing high density living and renting: Danni Hunter, Victorian chief executive of the Urban Development Institute of Australia… said density would “grow stronger … and that’s really good for the diversity of

The post Big Australia lobbyists: Aussies don’t want to live in houses appeared first on MacroBusiness.

Australian wage growth plummets

November 13, 2019 - 12:00 -- Admin

The Australian Bureau of Statistics (ABS) has just released its Labor Price Index for the September quarter of 2019, which revealed falling wage growth: According to the ABS, wages grew by just 0.53% (both s.a. and trend) in the September quarter. Private sector wages grew by 0.53% (both s.a. and trend) over the quarter, whereas

The post Australian wage growth plummets appeared first on MacroBusiness.

UBS: 2020 global growth to be weak again

November 13, 2019 - 11:40 -- Admin

Via UBS: We expect a recovery in 2020 but a much weaker one than consensus Things will get worse before they get better. Assuming any Phase One US-China deal is limited (no tariff roll-back), the existing tariffs should continue to work their way into the data and create an air-pocket in US growth in H1-20`

The post UBS: 2020 global growth to be weak again appeared first on MacroBusiness.

How far can equities run?

November 13, 2019 - 11:20 -- Admin

The BoAML fundie survey is out, via AFR: “The bulls are back,” said Michael Hartnett, chief investment strategist at the bank. “Investors are experiencing FOMO – the fear of missing out – which has prompted a wave of optimism and jump in exposure to equities and cyclicals.” The survey found that investors are adding risk:

The post How far can equities run? appeared first on MacroBusiness.

Pages