Blogotariat

By Jane Salmon   If The Jackboots Actually Fit … Why Does Labor Keep Tripping Over Its Own Feet?  On Tuesday, a bunch of bright young refugees went to parliament to talk about their community contribution, their quest for permanent residency and what more they could give the nation if granted domestic tertiary study rights. They…

The post If The Jackboots Actually Fit … appeared first on The AIM Network.

On Thursday, the Reserve Bank of Australia (RBA) released credit aggregates data for February, which revealed that the growth in the stock of mortgage credit grew by only 0.4% over the month to 1.1% higher over the quarter. Owner-occupier credit (1.3%) continues to grow significantly faster than investor credit (0.7%). In the year to February,

The post Aussie investors engage in housing tug-of-war appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) has released jobs vacancy data for the three months to February, which shows that total job vacancies fell by 6.1% from November 2023. It was the seventh quarterly drop in a row, and job vacancies are now 23.5% lower than they were at their peak in May 2022. Separate

The post Aussie job vacancies crash back to earth appeared first on MacroBusiness.

Heads up, everyone! Due to the holiday, our live podcast will be postponed. Don’t worry, though! We’ve got you covered with a special replay of one of our favourite episodes. Stay tuned and enjoy the throwback! Get ready to supercharge your investment knowledge! Dive into ‘Megatrends 2024’ where the Nucleus Wealth Team looked at the

The post MB Fund Podcast REPLAY: Megatrends 2024 appeared first on MacroBusiness.

If you want a textbook example of how Australia has entered the Twilight Zone on housing, look no further than the below gaslighting from The ABC celebrating the fact that a professional occupational therapist has been forced to rent a micro apartment in Marrickville, Sydney: Walking into her new studio apartment for the first time,

The post Australian Dream shrinks into micro apartments appeared first on MacroBusiness.

The UN Security Council presents one of the great contradictions of power in the international system. On the one hand vested with enormous latitude in order to preserve international peace and security, it remains checked, limited and, it can be argued, crippled by an all too regular use of the veto by members of the…

The post Distinctions Without Difference: The Security Council on Gaza Passes appeared first on The AIM Network.

By Callen Sorensen Karklis   Many Australians are heard saying that they’re feeling the pinch, especially at the checkouts! Gone are the days of Australia being the lucky country! Australia is well and truly amid a crippling cost of living and housing crisis because of excessive greed and bad policy. As Dorothy says in the Wizard…

The post How the supermarkets lost their way in Oz appeared first on The AIM Network.

Earlier this month, CoreLogic reported that rental growth had reaccelerated, with advertised rents climbing by 0.9% in February, the highest reading since March last year. This re-acceleration also saw the rolling quarterly change in rents rise to 2.4%, the highest since May last year. On Wednesday, the Australian Bureau of Statistics (ABS) released its monthly

The post Australian rental inflation surges higher appeared first on MacroBusiness.

CBA’s head of Australian economics, Gareth Aird, has released a research note explaining why the latest unemployment print of 3.7% is way out of kilter with the economy. Aird expects the nation’s unemployment rate to rise over 2024 to 4.5% by year’s end, which would be 0.2% higher than the Reserve Bank of Australia’s (RBA)

The post Why Aussie unemployment will jump appeared first on MacroBusiness.

Today heralds a new day in Labor’s energy meltdown. Albo will travel to the Hunter: Anthony Albanese will launch a six-week Made-in-Australia pre-budget campaign in the coal­mining Hunter region of NSW, where he will announce a $1bn ­investment in the Solar Sunshot program to claim a bigger stake in global solar manufacturing supply chains. The Australian

The post Labor’s energy monster devours the East Coast appeared first on MacroBusiness.

Overnight finally saw a strong session for Wall Street following recent solid domestic data as dovish comments from the ECB helped increase risk sentiment even though the USD was basically unchanged against the majors as Yen firmed. The Australian dollar still struggling as it failed to make any headway above the 65 cent level again.

The post Macro Morning appeared first on MacroBusiness.

Seek’s employment data has deteriorated badly over the past year, with job ads falling back to pre-pandemic levels and the number of applicants per job ad soaring around 50% above pre-pandemic levels, reflecting the combination of stalling demand and the record growth in labour supply (courtesy of record immigration). Reflecting the growing labour market slack,

The post Australian wage growth commences long march down appeared first on MacroBusiness.

A joint budget submission by the McKell Institute and the Society of St Vincent de Paul has called for at least a $1 billion annual budget injection into affordable housing. Otherwise, Sydney risks losing a generation of young people to dysfunction and crime. The submission warns that the demand for social housing would quadruple in

The post Sydney’s housing crisis is a population crisis appeared first on MacroBusiness.