Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Greg Jericho prints more corporate wage-crushing propaganda

August 21, 2018 - 12:00 -- Admin

From Greg Jericho today: The single biggest boast the Liberal party has been able to cling to has been strong employment growth. This year the talk has mostly been about the record growth of 2017, and such a line would get a tad tired by the time 2019 comes around. But should things pick up

The post Greg Jericho prints more corporate wage-crushing propaganda appeared first on MacroBusiness.

Apartment owners face huge bills to replace flammable cladding

August 21, 2018 - 11:30 -- Admin

By Leith van Onselen Last year it was revealed that apartment owners in Sydney, rather than developers or builders, are likely to pick up the tab for remediation after the NSW Government reduced the warranty claim window to just two years from seven: Many owners of the 1000 NSW buildings identified with possible non-compliant cladding won’t be able

The post Apartment owners face huge bills to replace flammable cladding appeared first on MacroBusiness.

The long arm of RBA housing bubble propaganda

August 21, 2018 - 11:15 -- Admin

The normally insightful FTAlphaville has fallen for it: Those who have long, long argued Australian house prices are mental appear to be enjoying the correction. For instance, Bronte Capital’s John Hempton: It’s on pic.twitter.com/H4e3ZpTe20 — John_Hempton (@John_Hempton) August 18, 2018 Will the housing bubble go the way of all others? The turn has been well documented. The

The post The long arm of RBA housing bubble propaganda appeared first on MacroBusiness.

Immigration drives shocking decline in Melbourne affordable rentals

August 21, 2018 - 11:00 -- Admin

By Leith van Onselen Social housing provider, Compass Housing, is the latest to report on the shocking decline in Melbourne affordable rental housing: The Affordable Housing Income Gap Report, released today, has found that renters hoping to snag a three-bedroom home in inner-city Melbourne need to make $130,000 a year to live without housing stress.

The post Immigration drives shocking decline in Melbourne affordable rentals appeared first on MacroBusiness.

Dr Cameron Murray to address 127th Annual Henry George Dinner

August 20, 2018 - 15:00 -- Admin

Tues September 4th Presenter: Dr Cameron Murray Venue: Brunswick Mess Hall Tickets Everyone needs somewhere to live. It is a simple fact. Australia’s economy keeps growing every year. As a nation, we are richer than any other time in our history. We also have the most expensive housing in the world. We step over rough sleepers

The post Dr Cameron Murray to address 127th Annual Henry George Dinner appeared first on MacroBusiness.

How we lit the fuse on the population bomb

August 20, 2018 - 14:30 -- Admin

By Ross Elliott, cross-posted from The Pulse We’ve been here before – concerns about our capacity to house a large population are not new. But lately, hostility to rapid rates of population growth is gaining traction. There have been calls for a population enquiry and former PM Abbott has called for immigration (and hence population

The post How we lit the fuse on the population bomb appeared first on MacroBusiness.

McGrathmageddon posts $63 million loss

August 20, 2018 - 14:13 -- Admin

The collapse in Sydney property sales volumes, which have fallen around 35% from the recent peak: Has taken its toll on McGrath Limited, which has today posted a $63.1 million loss for FY 2018: McGrath posted a $63.1 million after tax loss, hit by difficult market conditions, lower sales, and the departure of some of

The post McGrathmageddon posts $63 million loss appeared first on MacroBusiness.

Calls for banking royal commission extension grow louder

August 20, 2018 - 13:15 -- Admin

By Leith van Onselen National Party senator John Williams is confident that Kenneth Hayne would be granted more time to conduct the banking royal commission if he asked for an extension. Labor and the Greens are keen for the inquiry to be extended, with Hayne currently due to present his final report in February. Prime

The post Calls for banking royal commission extension grow louder appeared first on MacroBusiness.

BCA desperate until the end on company tax cuts

August 20, 2018 - 11:30 -- Admin

By Leith van Onselen With the Turnbull Government’s company tax cuts package facing near certain defeat in the Senate this week, the rent-seeking Business Council of Australia (BCA) has launched one last desperate bid to have the legislation passed. From The Australian: Business Council of Australia chief executive Jennifer Westacott said the inability to secure

The post BCA desperate until the end on company tax cuts appeared first on MacroBusiness.

Hobart to join the mainland property correction

August 20, 2018 - 11:15 -- Admin

  By Leith van Onselen Last month, CoreLogic reported that Hobart’s housing market was by far the strongest in the nation recording both manic house price growth: As well as explosive rental growth: Now, CoreLogic’s Cameron Kusher is predicting that Hobart will soon join the correction underway across the mainland: [Hobart’s] affordability advantage has now been eroded

The post Hobart to join the mainland property correction appeared first on MacroBusiness.

Pages