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Articles from MacroBusiness

Australian fake Greens exposed by Canadian real deal

November 28, 2023 - 13:30 -- Admin

For a party that markets itself on safeguarding the environment, the Greens’ silence on the federal government’s mass immigration ‘Big Australia’ policy is breath-taking, given there is nothing more destructive to Australia’s natural environment than extreme population growth. The most recent State of the Environment Report explicitly stated that “most population-driven pressures are considered to

Iron ore balderdash spreads

November 28, 2023 - 13:00 -- Admin

Here’s the chart. No rebound in Chinese property sales and none coming: And the outlook for starts versus floor area under construction: The pace of the decline will be determined by how much public support is offered to complete projects. This is an entirely different outlook versus iMSM drivel: “Basically, sentiment for iron ore next

Australian households collapse into financial penury

November 28, 2023 - 12:00 -- Admin

NAB has released its latest edition of its Financial Hardship Report, which reveals that the number of Australians experiencing financial hardship has risen to a survey high 44% (from 36% one year ago): “This increase has occurred against a backdrop of rising inflation (particularly for every day essential such as groceries, petrol, gas, and electricity),

Mental illness sweeps The Guardian

November 28, 2023 - 11:40 -- Admin

Every day now, the former newspaper turned propaganda sheet of the fake left, The Guardian, lies about Aussie living standards. Because it operates under the disgraceful ‘Jericho rule’, which is the opposite of truth and journalism, the paper systematically censors causes while focusing on symptoms: Immigration – because there are many desperate to hate –

Home builders double-down on immigration ponzi scheme

November 28, 2023 - 11:20 -- Admin

The housing policy situation in Australia has hit peak stupid, with the building industry now lobbying the federal government to subsidise home builders who bring skilled migrant workers into Australia: “The building industry has told the government it will need 480,000 new workers over the next three years, ranging from Australian apprentices to skilled foreign

Australia’s population-based economy strangles productivity

November 28, 2023 - 11:00 -- Admin

Last week, economist Gerard Minack published a brilliant analysis detailing how Australia’s productivity growth and living standards have been harmed by nearly two decades of historically high immigration. Minack’s key chart presented below illustrates that Australia has experienced significant capital shallowing due to the inability of infrastructure, housing, and business investment to keep pace with

Labor summons sub-prime patsies into housing market

November 28, 2023 - 10:40 -- Admin

The Australian Housing Urban Research Institute (AHURI) published a report last year claiming that the $20 billion spent by governments to assist first-time homebuyers into the market over the prior decade had increased inequality and made housing less affordable. “In doing so, these measures add to demand and hence to house prices”, the report said.

Australian housing is about to become more crowded

November 28, 2023 - 10:00 -- Admin

Earlier this month, The Guardian’s Cait Kelly wrongly blamed the reduction in shared house living over the pandemic for Australia’s rental crisis: “People leaving share houses during the pandemic lockdowns in search of more space are touted as one key reason behind the rise in low vacancy rates and high rents”. “But community manager at