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Articles from MacroBusiness

Macro Afternoon

February 4, 2026 - 17:00 -- Admin

Asian share markets are in mixed mood after the poor showing on Wall Street overnight although some risk taking is occuring across other markets with Yen weakening while the Kiwi lifted despite a poor unemployment print. The Australian dollar is still lifting above the 70 cent level on the long expected RBA rate yesterday. Brent

AI eats tech stocks

February 4, 2026 - 13:00 -- Admin

Once mighty software is being devoured by AI. The problem is that when AI can be added to anything and everything, tailored to specific industries and even specific business needs, the broad-based software package with a big moat is history. Tech volatility is leading broader market volatility higher. There’s no panic but there’s no retreat,

How Albo turned immigration into an inflation bomb

February 4, 2026 - 12:00 -- Admin

Over the last cycle of immigration-led growth, inflation was endemically weak. This was thanks to two main factors. The 2013-2020 surge was driven by Chinese immigrants who brought substantial investment capital to new apartment blocks. The result was a massive build-out in rental stock, which drove down rents despite inflows of people. While many of

Australia needs highly skilled migrants, not Uber drivers

February 4, 2026 - 11:30 -- Admin

The Migration Institute of Australia (MIA) is the country’s peak professional body for registered migration agents and migration lawyers. It represents and supports professionals who provide migration advice to individuals, families, employers, and organisations. The MIA also lobbies the government on migration policy and regulatory issues. Peter van Vliet, CEO of the MIA, authored an article

“Blood and tears” of young people giving up on marriage and children

February 4, 2026 - 11:00 -- Admin

South Korean President Lee Jae Myung recently pledged to rein in real estate speculation, which was threatening his nation’s future, vowing to stabilise the housing market “by any means necessary.” “For the sake of a reasonable and prosperous nation, (I) will put an end to real estate speculation that could ruin the country by any

Iron ore hits 2026 low

February 4, 2026 - 10:30 -- Admin

The ferrous jaws must close, and slowly they are. Scuttlebutt is bearish. Chinese steel mills trimmed purchases ahead of the extended Lunar New Year holiday while preparing for scheduled maintenance, dampening near-term demand. Port activity in China also softened, with industry data showing lower transaction volumes, suggesting mills are relying less on spot cargoes. Port

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