Australia's record-breaking recession to roll on - MacroBusiness
WEB1 day ago · Given that Australia’s population grew by 2.4% in the year to June 2024, these projections imply that the per capita recession will drag well into next year—an unparalleled decline.
Pressure builds on RBA as inflation plummets - MacroBusiness
WEB5 hours ago · The Albanese government desperately needs the RBA to cut rates before the federal election, which is due by May 2025. Therefore, if underlying inflation falls within the 2% to 3% target in Q3 ...
Falling house prices lifts home ownership rate - MacroBusiness
WEB4 days ago · The results of the 2023 Census were released on Thursday and revealed that New Zealand’s home ownership rate has recorded its first rise in more than 30 years, rising to 66.0% in 2023 from 64.5% ...
Australia faces deepening social housing crisis - MacroBusiness
WEB5 days ago · The latest Housing Assistance report from the Australian Institute of Health and Welfare (AIHW) showed that “there has been a decline in the proportion of social housing households in Australia ...
Intergenerational report warned on housing and was ignored
WEB4 days ago · And the NSW Intergenerational Report (IGR) has just been released, which explicitly warns that rebooting the Big Australia mass immigration program would create renewed ‘housing shortages ...
Macro Afternoon - MacroBusiness
WEB4 days ago · Mainland Chinese share markets remain closed for the week but the Hang Seng Index advanced after its recent pullback, closing some 2% higher at 22571 points with Japanese stock markets in wait and ...
Australia's economy commits energy harakiri - MacroBusiness
WEB5 days ago · Australia is rich in coal, gas, and sunlight. Low-cost energy used to be a competitive advantage for the nation. However, through pure incompetence and “net zero” pig-headedness, our ...