Blogotariat

Does Australia need a Korean coup to wake up to falling living standards? No. Once that cat is out of the bag, then the fall accelerates, ala Argentina. John Authors today looks at what South Korea’s martial law episode signifies. At present, it looks like Yoon’s bid for power rather resembles the coup against Mikhail Gorbachev by

The post Does Australia need a Korean coup? appeared first on MacroBusiness.

The Market Ear with the argument for more tech, for longer. Big boom potential BofA sees potential for a proper melt-up. “Not since the 1920s have we seen the potential for a major tech boom to coincide with significant deregulation & tax cuts. Historically, both have driven large booms in equities” Source: BofA Quant Relatively

The post The Roaring Twenties appeared first on MacroBusiness.

Australia’s RBA governor, Michele Bullhawk, is about to make an awkward first landing. Goldman’s Andrew Boak shoots the ungainly creature down. Bottom line: Australian GDP increased 0.3%qoq in 3Q2024, with year-ended growth decelerating to a new 32-year low of 0.8%yoy (ex-pandemic lockdowns). The outcome was 20bps below expectations (GSe/BBG: +0.5%qoq, +1.1%yoy) and GDP per capita

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One of the less-known outcomes of the immigration-led economy is that it destroys the nation’s armed forces. It does this by ripping up the social contract between leadership and the polity on critical issues around living standards. To put it bluntly, why would any young person wish to defend their country when the same has

The post Soldiers added to skills shortage list appeared first on MacroBusiness.

From the Productivity Commission today. We want your ideas on making Australia more productive and prosperous The living standards of Australians depend on our national productivity. That’s why we want to hear your ideas on practical ways we can make Australia more productive. Select the ‘Add your idea’ button to pitch your idea. The ideas

The post Producitivty Commission runs out of productivity ideas appeared first on MacroBusiness.

According to the most recent PropTrack home price data, Melbourne has been left well behind the other major capital cities. Since the start of the pandemic in March 2020, Melbourne dwelling prices have increased by only 16%, compared to a 41% growth across the combined capital cities: The following chart displays price growth across the

The post Melbourne relegated to house price donkey appeared first on MacroBusiness.

A busy session of economic news and Fedspeak kept risk markets alive with volatility overnight as Wall Street returned to buying mode while another record high from the German DAX pushed European stocks higher again, despite further French political problems, Korean peninsula machinations and the rumblings of a Chinese trade war with the USA. The

The post Macro Morning appeared first on MacroBusiness.

CSIRO Media Release Growing environmental concerns have driven a surge in bioplastics, but unclear labelling for disposal is creating challenges, according to a new report from Australia’s national science agency, CSIRO. The State of bioplastics in Australia report found consumer confusion over bioplastics, with many bioplastic items ending up in landfill or contaminating recycling and…

The post CSIRO report reveals the state of bioplastics in Australia appeared first on The AIM Network.

President-elect Trump reportedly joked about annexing Canada during last week’s talks with Justin Trudeau, citing the looming impact of a potential trade war on Canada’s economy. Why isn’t Canada already the 51st state, anyway? Or maybe it is, and Canadians just don't realize it?

The 8,891 km US-Canadian border, long hailed as the “longest peaceful border” in the world, hasn’t always been so peaceful, with the US invading twice – in 1775 and 1812.

How did anyone ever get on with AFR journalism when it was wrong and a day late? Now at least it is wrong on the same day. Economist Warwick McKibbin left the bank in 1989 because he disagreed with its high interest rates. But today, the Australian National University economics professor, who later returned as

The post Ignore McKibbin’s coulda, shoulda, woulda appeared first on MacroBusiness.

Democrats nationally are wrestling over who will lead their party post-election. But in the Senate, they’re largely staying the course.