Blogotariat

The Albanese government’s National Housing Accord target of building 1.2 million homes over five years was always a delusional pipe dream detached from reality. The record single year for Australian dwelling completions was around 223,500 in 2017, when the nation was building huge volumes of defective high-rise apartments. However, economic conditions were far more favourable

Asian share markets are seeing a strong bid led by Japanese markets as they return from their long weekend with traders all waiting in anticipation of tonight’s US CPI print that is now becoming as important as the jobs print on the economic calendar. Not much movement in currency-land with the RBA cutting rates 25bps

The post Macro Afternoon appeared first on MacroBusiness.

As expected, the Reserve Bank of Australia (RBA) cut the official cash rate by 0.25% to 3.60%. The decision was unanimous among board members. In its media release accompanying its decision, the RBA noted that “inflation has continued to moderate”, down “substantially since the peak in 2022”. It also signalled further “gradual” rate cuts ahead.

The post RBA cuts by 0.25%, more rate relief to come appeared first on MacroBusiness.

Offshore oil and gas offers a lesson in how not to plan for decommissioning, but it also points to things renewables owners can try.

So, I always knew Dan Black was returning for this next AoT series. I didn’t realise until recently that Detective Lou “Buster” Cherry would be hitching a ride back with him.

But here we are.

Last time we saw Buster, in Designated Targets, things looked… less than awesome. My memory had him bleeding out on a beach in Hawaii after taking a bayonet. But when I went back to the original text, I realised we never actually saw him die. His last moment on the page was blowing the face off the guy stabbing him, which, in hindsight, is a pretty Buster way to leave things unresolved.

The mind control underway in the Australian government today is something to behold. I have repeatedly drawn attention to the RBA’s systematic erasure of the word “immigration,” which has completely trashed its credibility because it can’t forecast anything accurately if it does not make reference to the number one input into Australian macro. Now, the

The Market Ear on the great AI inflation. “Lagom” – not too hot, not too cold Here’s the must-see flow & positioning data from the weekend — a continuation of the “Lagom” theme: not too hot, not too cold. Continued hedge funds de-risking and strange record Russell shorts meets continued systematic and retail buying. De-grossed

The post AI bubble expands appeared first on MacroBusiness.

Report reveals WA's gross emissions have ballooned by nearly 50 pct above 2005 levels, largely due to the development of its massive gas industry.

Out of all nations on earth, Canada is arguably the most similar to Australia. Both nations are resource-rich, hosting relatively small populations on massive landmasses. The overwhelming majority of the population lives in small pockets where the weather is most favourable. The bulk of Australia’s population lives on the East Coast, whereas the bulk of

The post Canada’s economic collapse an omen for Australia appeared first on MacroBusiness.

In the world of United States economics, it has been said that “the construction cycle is the economic cycle”. Looking at the data, there is certainly a degree of truth to that, with the number of homes under construction peaking and then falling significantly prior to 4 of the last 6 non-pandemic-related recessions. Perhaps the

The post The construction cycle is the economy appeared first on MacroBusiness.

As anyone who reads my stuff knows, I have been kicked off Facebook permanently, and while initially confused as to why it happened, I came to the conclusion that it was because of my posts about the genocide under way in Gaza and the running of the community standards system by zionists1. At the time, I said I’d look around for alternatives. I have been on social media for a while with the longest time spent on Facebook, followed by Xitter (perhaps as long as 8 years for the latter), while I joined both Mastodon2  and Tribel3  in November 2022 as possible alternatives to then Twitter, which had been taken over by the idiot Elon Musk.

Melbourne’s housing market has experienced a long period of price stagnation compared with the other major capital cities. According to PropTrack, Melbourne’s median dwelling values rose by only 19.2% in the five years to July, compared with an average increase across the combined capital cities of 45.5%. Melbourne’s median dwelling value in July 2025 was

The post Bargain hunters circle Melbourne property appeared first on MacroBusiness.