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Articles from MacroBusiness

Macro Morning

August 14, 2025 - 09:00 -- Admin

A staid night on the economic calendar with Wall Street closing at new record highs while European stocks played catchup as it seems the impact of US inflation is being discounted sharply by market players while the Fed continues to signal caution. The USD remains on the ropes against all the majors with Euro hitting

The extraordinary collapse of Australian real incomes

August 14, 2025 - 00:05 -- Admin

OECD data shows that Australia has experienced the largest decline in real per capita household disposable incomes in the developed world. The March quarter national accounts release from the Australian Bureau of Statistics (ABS) showed that annual real per capita household disposable income was tracking 8.2% below its Q2 2022 peak: Tuesday’s Statement of Monetary

Macro Afternoon

August 13, 2025 - 16:00 -- Admin

Asian share markets are generally boisterous in correlation with the equally euphoric Wall Street which was able to swing a higher domestic inflation print into an increased probability of an interest rate cut by the Federal Reserve in September. Currency-land remains stagnant however with the USD losing out against most of the majors as Euro

Trouble ahead for EV sales

August 13, 2025 - 14:00 -- Admin

Battery electric vehicles (BEVs) are massively subsidised in Australia. The Fringe Benefits Tax (FBT) exemption for BEVs costs the federal government more than $500 million in lost tax revenue each year—a figure that will increase alongside the take-up of BEVs. Under the FBT exemption, somebody leasing a $60,000 car can save more than $12,000 per

Aussie gas madness intensifies

August 13, 2025 - 13:30 -- Admin

Honestly, we couldn’t cook a snag at a barbie, these days. Ross Gittins has finally discovered Australia’s number one economic problem. Or, rather, he’s aping someone else’s take. SMH. Earlier this year, the boss of the Australia Institute, Dr Richard Denniss, caused a stir by claiming that the government takes more money from uni students

More bad jobs market signals

August 13, 2025 - 12:30 -- Admin

There is accumulating bad news in the Aussie jobs market. As we know, there is supposed to be a handoff underway from public to private sector jobs. But it isn’t happening. Moreover, AI appears to be hitting entry-level positions for youth, a key job leading indicator. We also know that it takes roughly 25k per

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