Australia’s labour market has been gradually softening over the past year. This softening is evident in the gradual rise in Australia’s unemployment rate: As illustrated below by AMP chief economist Shane Oliver, the various measures of job openings have also weakened: Alex Joiner, chief economist at IFM Investors has published an interesting set of charts
This is ridiculous in every way. In his first public interview on the issue, Australia Pacific LNG chief executive Dan Clark told The Australian that the east coast market’s chronic pressures cannot be solved with the series of band-aid solutions that have been applied over recent years. The call comes as the federal government prepares
Its been a very cautious start to the trading week with more selling but not quite dumping on Wall Street overnight with a parallel selloff in Bitcoin not helping. The run back to USD continues even though without any key economic indicators being published by the Trump regime in the last two months, this looks
DXY is back. AUD is sitting on big support. CNY serene. Gold no bueno. AI metals likewise. Miners fade. EM too. Junk sitting on big support, too. Yields down a smidge. Stocks no bueno. There was not much overnight to explain the strong DXY, other than traditional risk off. That the failure of risk sentiment
Financial markets and many economists no longer believe that the Reserve Bank of Australia (RBA) will provide further interest rate relief. They now expect the official cash rate to remain on hold next year. I am less hawkish. I expect the unemployment rate to trend higher amid the rapid expansion of the labour market via
Not a good start to the trading week with most Asian stock markets in the red as a slew of macro events and central bank speeches along with the restart of the US federal government is clouding the short term outlook. Currency markets appear nonchalant however with the Australian dollar holding somewhat steady but looking
Nine Media’s Shane Wright and Millie Muroi have written a detailed report explaining how the nation’s asymmetric responsibilities and vertical fiscal imbalances are harming service delivery, infrastructure, businesses, and overall productivity and living standards. There is an increasing number of Australian politicians and policymakers who believe that the nation’s federal system is a key cause
It appears that the average Australian knows more about housing affordability than YIMBY lobbyists, such as the Grattan Institute and the Centre for Independent Studies (CIS). The Report from the 2025 Australian Cooperative Election Survey by Macquarie University, based on the views of 4,012 survey participants, showed that immigration/population growth was considered the leading contributor
Pauline Hanson is fast becoming the opposition. The Coalition’s decision to abandon its commitment to net zero emissions as part of a dramatic weakening of its energy policy has failed to arrest its slide in popularity, with a new poll showing support plummeting while the One Nation vote has continued to surge. The Australian Financial Review/ Redbridge/Accent
The vicious Guinean junta knows how to run a resource economy better than we do. Guinea plans to launch its first sovereign wealth fund by the second quarter of 2026 with an initial $1 billion, its planning minister said, as the West African nation moves to leverage a flood of revenues from its giant Simandou