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Articles from MacroBusiness

Macro Morning

January 7, 2026 - 09:00 -- Admin

Green across the Atlantic share markets overnight with lower than expected inflation numbers in Europe helping buoy stocks while rumbles of more “acquistions” by the Trumpian Empire – Greenland next – kept Wall Street lifting higher. The USD strengthened against most of the majors, particularly Canada as their oil stocks took a small hit on

The nightmare continues for Australian renters

January 7, 2026 - 00:01 -- Admin

Cotality’s rental review for the December quarter has been released, and it shows that Australia’s rental crisis continues. Vacancy rates were 1.7% in the December quarter, down from 2.1% a year earlier and significantly below the pre-COVID average. National advertised rents also rose by 1.3% in the December quarter, boosting annual growth to 5.2%. With

Macro Afternoon

January 6, 2026 - 16:30 -- Admin

Asian share markets are generally performing very well as risk moves to buy up everything not marked with a USD sign, while local shares continue to underperform. Volatility in commodity markets is abating following the Trump regime’s “special military operation” into Venezuela with the USD seeing a strong reversal against the majors, particularly Euro as

Trump must kidnap and try Albo

January 6, 2026 - 12:30 -- Admin

Honestly, what has gone wrong with the human mind? Every single debate I track these days is binary, usually supporting some political idiot or another. The latest outbreak of conflict is a result of the actions the US has taken against Venezuela. On one side of the debate, Trump cheerleaders are arguing that Maduro was

Australia’s official population measures are unfit for purpose

January 6, 2026 - 12:00 -- Admin

Below is another excellent post from MB reader Erin Rolandsen, CEO of Angelassist and author of beyondtheragemachine.substack.com:  High levels of short-term immigration have made official population measures unfit for purpose. Australia’s population statistics were designed for a low-churn world, where most migrants arrived permanently and most residents stayed put. That is no longer the economy

Australia real wages take a big hit

January 6, 2026 - 11:00 -- Admin

With the release of the latest ABS Wage Price Index for the September quarter, it was revealed that headline wages were growing right on analyst and RBA expectations, with wages up 0.8% quarter on quarter and 3.4% year on year. But underneath the relatively pedestrian headlines lies a divergence in outcomes and significant falls in

Australia falls below Botswana in economic complexity

January 6, 2026 - 10:30 -- Admin

As usual, Australia is having a stupid debate. This time, it is about manufacturing. Australia is ranked below Botswana and Russia on Harvard’s index of economic complexity because of a diminished manufacturing industry and an overreliance on iron ore and coal exports. However, economists said the statistics could not be used to justify Labor’s industry

The American gentocracy

January 6, 2026 - 10:00 -- Admin

In the United States, the median American is 39 years of age and is at the average part of a cohort that is seeing at best stagnating outcomes, at worst deteriorating ones. In 2002, the median age of a first-time home buyer was 31, with the median age of a repeat home buyer being 41.

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