Australian housing valuations, in relation to household incomes, have never been more stretched: Cotality’s December chart pack valued the average Australian home at an astonishing $1,079,000, turning the average homeowning Australian into a housing millionaire. The Reserve Bank of Australia (RBA) is predicted by financial markets to hike the official cash rate (OCR) twice this
Tonight, I will be appearing on DFA Live with Martin North where we will discuss the Australian economy, housing market, the population ponzi, alongside other topics. The show goes live at 8pm AEST. We hope to see you there.
The post Join me tonight on DFA for live Q&A appeared first on MacroBusiness.
It’s green across Asian share markets as local stocks also joined in the fun despite a much higher Australian dollar as the USD remains under enormous pressure against all major undollars as El Trumpo shoots off about South Korea. Inflation concerns in Japan and their bond market troubles are keeping Yen volatile while the looming
The December NAB survey has wiped out rate cuts for the time being. Business conditions increased to +9. Business confidence increased slightly to +3. Employment remained stable at 4, which is roughly around the breakeven rate for unemployment. At 83.2%, capacity utilisation is still high. Sales, which increased by three points to a historically high
Cotality’s latest chart pack for December showed that Australia’s dwelling stock was valued at $12.3 trillion at the end of 2025, spread across 11.4 million homes. This meant that as of 31 December 2025, the average value of a home in Australia stood at an astonishing $1,079,000. Not surprisingly, then, Domain’s house price results for the
Fascism has been so misappropriated by the fake left that we should define it before we discuss it. Let’s turn to a source infinitely more accurate than journalists. ChatGPT. Fascism is a political ideology and system of government that centers on strong, centralized power, extreme nationalism, and the suppression of opposition and individual freedoms. In
Economists are debating the merits of interest rate hikes. Expectations of a higher quarterly inflation rate have driven a near 60% chance of an interest rate hike at the Reserve Bank’s meeting next week, keeping pressure on the Albanese government to address the rising cost of living from, most notably, higher electricity prices. …The results
In its first term, the Albanese government inked two migration-related pacts with India, specifically aimed at promoting migration flows to Australia: The Australia–India Migration and Mobility Partnership Agreement. The Mechanism for Mutual Recognition of Qualifications. Last year’s Labor federal election victory sparked celebrations among the Indian population and migration agents, who believed that avenues to
In my experience, there is nothing worse than an academic with a business vision. The academic has neither the real-world nous nor the thick skin to withstand the temptations of greed and dealmaking. There is no better example than the parlous state of the Australian tertiary sector. It has become the kernel of the great
In 2023, Labor MP Julian Hill, who is the Assistant Minister for Citizenship, Customs and Multicultural Affairs, and Assistant Minister for International Education, described Australia’s international education system as resembling a “Ponzi scheme”, accusing agents of misusing student visas by promoting them as cheap work visas with pathways to permanent residency. Phil Honeywood, the CEO