Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Highrise Harry celebrates migrant meat for property grinder

November 25, 2021 - 13:10 -- Admin

Earlier this week, the Morrison Government announced that Australia will re-open its international border to overseas students, skilled visa holders and working holiday makers, with Home Affairs Minister Karen Andrews expecting that at least 200,000 migrant workers will arrive in Australia by July 2022: “We are working on a figure of 200,000, it may well be

The post Highrise Harry celebrates migrant meat for property grinder appeared first on MacroBusiness.

Victorians love Dictator Dan

November 25, 2021 - 12:50 -- Admin

The Victorian government intends to “revisit” its controversial pandemic bill in the last week of state parliament for the year. However, Attorney-General Jaclyn Symes has ruled out scrapping its vaccine mandate in order to secure the additional crossbench vote it needs to pass the bill in the upper house. Premier Daniel Andrews has previously stated

The post Victorians love Dictator Dan appeared first on MacroBusiness.

Aussie capex is a shadow of its former self

November 25, 2021 - 12:30 -- Admin

The Australian Bureau of Statistics (ABS) today released data on capital expenditures (capex) for the September quarter, which registered a 2.2% seasonally adjusted fall in capex volumes over the quarter but a 12.9% increase over the year (see below table). The annual nation accounts were also released recently, which recorded a small increase in capex

The post Aussie capex is a shadow of its former self appeared first on MacroBusiness.

MB Fund Podcast: The Future of Energy, with Bruce Thompson of Greensync LIVE NOW

November 25, 2021 - 12:05 -- Admin

In today’s investment webinar (LIVE 12:30pm AEDT), MB Fund’s Head of Investments Damien Klassen, and Senior Financial Advisor Sam Kerr are joined by Energy Expert Bruce Thompson to discuss Greensync, and how electricity, power grids, battery technology and solar power will change in the near future  Can’t make it to the live series?  Catch

The post MB Fund Podcast: The Future of Energy, with Bruce Thompson of Greensync LIVE NOW appeared first on MacroBusiness.

Stay long King Dollar

November 25, 2021 - 12:00 -- Admin

Credit Suisse again today: Our expectation for ongoing USD gains remains intact, and becoming broader based. Last week, several Fed officials suggested that the Fed could potentially speed up the pace of asset purchase tapering beyond what is currently planned. On top of this, President Biden’s decision to re-nominate Jerome Powell as Fed Chair removed

The post Stay long King Dollar appeared first on MacroBusiness.

Are bonds going to rise or fall?

November 25, 2021 - 11:40 -- Admin

Numera captures the prevailing view on Wall Street about the future of bond yields: • Recovery on track: Strong employment and retail sales figures, alongside falling public health risks, reinforce the view that the US recovery remains on track. Equity investments should yield positive returns in 2022, but high valuations and a likely increase in

The post Are bonds going to rise or fall? appeared first on MacroBusiness.

Capex plans hold up

November 25, 2021 - 11:38 -- Admin

It’s going to be a decent year ahead for business investment which is no great surprise given the huge budget incentives for just that. The headline is tracking for the highest level in a few years: Estimate 4 for 2021-22 is $138.6b This is 8.7% higher than Estimate 3 for 2021-22 Of which mining has

The post Capex plans hold up appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Penny Wong shoots Labor in the head

November 25, 2021 - 11:20 -- Admin

Following Penny Wong’s very poorly crafted speech this week, Labor now faces two problems. First, the China kowtowers are back. Geoff Raby leads the way: Mr Raby is pretty loose with the truth. As I reported yesterday, the Morrison Government has been clear that it will consider CPTPP entry for China if it engages on

The post Penny Wong shoots Labor in the head appeared first on MacroBusiness.

Australia’s never ending ‘skills shortage’

November 25, 2021 - 11:00 -- Admin

The Morrison Government will make changes to the temporary skills shortages (TSS) visa to address so-called labour shortages in key sectors of the economy. The reforms will provide a direct path to permanent residence for about 20,000 temporary skilled migrants who remained in Australia during the COVID-19 pandemic. The measures will also apply to holders

The post Australia’s never ending ‘skills shortage’ appeared first on MacroBusiness.

SQM tips sharp house price deceleration in 2022

November 25, 2021 - 10:30 -- Admin

SQM Research has released its Boom & Bust Report for 2022, which tips slow property price growth next year nationally; albeit with significant variation across capital cities: Like me, Louis Chistopher is especially bullish on Brisbane, tipping 8% to 14% growth. His forecasts nationally are also more bearish than either Westpac, ANZ or CBA, who

The post SQM tips sharp house price deceleration in 2022 appeared first on MacroBusiness.

Pages