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Articles from MacroBusiness

The bursting of the Green bubble

May 7, 2025 - 09:00 -- Admin

The Greens’ dream of becoming the ‘third force’ in Australian politics has been eviscerated following Saturday’s federal election. The Greens’ primary vote fell and they lost the lower house seats of Griffith and Brisbane, with vocal housing whinger Max Chandler-Mather booted. As of Wednesday morning, Greens Leader Adam Bandt was trailing Labor’s Sarah Witty 47.3%

Albo prises open Australia’s border

May 7, 2025 - 08:00 -- Admin

Recently, three migration pacts have been signed by Australia that facilitate Indian migration, namely: The Australia-India Economic Cooperation and Trade Agreement (ECTA), signed by the former Morrison Coalition government. Australia-India Migration and Mobility Partnership Agreement, signed by the current Albanese Labor government. The Mechanism for Mutual Recognition of Qualifications, signed by the current Albanese Labor

Iron ore enters the danger zone

May 6, 2025 - 13:00 -- Admin

The ferrous complex is still struggling. Forgive some of the delayed pricing on the chart. SGX is sitting around $96. The latest CISA output data looks more like 2022 than 2024. Though I have to caution that this series has broken down versus official output somewhat this year. The challenges remain. Goldman. The Chinese government’s

Indian students and migration agents celebrate Labor victory

May 6, 2025 - 12:30 -- Admin

The first term of the Albanese government saw net overseas migration to Australia surge to a record high. It also saw temporary visa numbers balloon nearly 500,000 higher than the pre-pandemic peak: Total international student enrolments also hit a record high of nearly 1.1 million at the end of 2024, nearly 250,000 higher than the

Labor win immaterial for rate cuts

May 6, 2025 - 12:00 -- Admin

From Goldman: From a macro perspective, we leave our forecasts for Australia unchanged given the outcome was not a surprise and the ALP’spost-Budget policy announcements have been fairly modest (0.0-0.1% of GDP). We note most of the policies announced in the Budget on 25 March, including income tax cuts for households, have already been legislated.

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