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Articles from MacroBusiness

First home buyer deposit scheme rockets house prices

October 31, 2025 - 08:08 -- Admin

The Albanese government’s 5% deposit scheme for first home buyers, which came into effect on 1 October, had the desired effect on home prices. Cotality’s daily dwelling values index, which covers the five major capital city markets, surged by 1.1% in October, driven by Perth (1.9%), Brisbane (1.6%), and Adelaide (1.4%). Over the October quarter,

Macro Afternoon

October 30, 2025 - 16:30 -- Admin

Asian markets are generally lower as the Trump-Xi summit concludes with some interesting reactions across other risk markets as well to the possibility of a trade deal – but hold the cheese and get ready for another TACO trade! The BOJ held fire at today’s meeting sending the Yen lower while other undollars are trying

New Zealand and housing market Kryptonite

October 30, 2025 - 14:00 -- Admin

In the debate surrounding housing affordability, it is suggested that a politician pushing for lower home prices would be political Kryptonite: a death knell for whatever party they are attached to. This narrative has been repeated year after year, decade after decade, but is it really as politically damaging as the BBQ-side political commentary suggests?

Finally, a way out of Victoria

October 30, 2025 - 13:00 -- Admin

Victoria disease finally has a cure. The state will assist you in shuffling off this mortal coil. Voluntary assisted dying reform has passed the lower house of the Victorian Parliament to applause and embrace. Labor and the Coalition both granted their members a conscience vote. It gave MPs the rare chance to offer – and

MB Fund Podcast: Margins Hold, Risks Rise: Can Earnings Last?

October 30, 2025 - 12:00 -- Admin

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, explores why corporate earnings have remained surprisingly resilient—from pricing power and higher-margin business models to cost discipline and selective AI-driven productivity—and tests how long those supports can hold as wage growth, refinancing costs, and capex pressures build. Join us on Today, LIVE at 12:30

Iron ore roars into glut

October 30, 2025 - 11:30 -- Admin

Sometimes markets are nothing more than denial machines. Iron ore prices are clearly bullish and set for a breakout. The basis of this could not be thinner. The price of 62% Fe grade iron ore fines from Australia delivered to China increased by US$0.80 to US$106.25. The rise was primarily driven by better market sentiment

Australia’s housing market is turning sub-prime

October 30, 2025 - 11:00 -- Admin

Australia’s housing market is turning subprime. The proof is everywhere. For more than a decade, the Australian Prudential Regulatory Authority (APRA) flagged high loan-to-valuation ratio (LVR) mortgages as a key risk area. For example, in December 2014, APRA released guidance stating that “ADIs should not undertake large volumes of, or increase their share of, higher-risk

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