Blogotariat

Recall that Tuesday’s federal budget forecast a significant slowing of net overseas migration over the forward estimates. Net overseas migration is projected to slow to 335,000 this financial year, then to 260,000 in 2025-26, and 225,000 in 2026-27. As a result, Australia’s population growth forecasts have also been downgraded. Australia’s population is projected to grow

The post Don’t trust the budget’s migration numbers appeared first on MacroBusiness.

The ACCC is in panic mode about the gas shortage. We forecast a shortfall of 9 PJ in the east coast market over July-September 2025 (quarter 3) if LNG producers export all their uncontracted gas, and a surplus of 6 PJ if they only export their anticipated spot sales. This is a 22 PJ decline

The post Dutton’s gas plan is a Bobby Dazzler appeared first on MacroBusiness.

CBA head of Australian economics, Gareth Aird, has explained why he believes the Reserve Bank of Australia (RBA) will cut the official cash rate at its May monetary meeting. Aird noted that “the recent run of domestic data has on balance been a little softer than the RBA forecasts imply”. The softer readings include the

The post RBA readies May rate cut appeared first on MacroBusiness.

Dutton claims Labor wants to cut aluminium and heavy industry - but he hasn't checked his party's own modelling. We have.

One could say the purpose of Nature on planet Earth is to create more of itself in various formats in given conditional environments. 

In order to achieve optimum survival, many of the species in nature develop defence against other species to avoid annihilation, as life needs to acquire (steal) proteins from another being — from the smallest to the biggest, relative “food chain”.

Noise around the latest tariff tirade from Trump, this time on cars from – well everywhere – has not really affected Asian stock markets that much relatively speaking as regional concerns outweigh the dummy spitting from the White House. The USD is lifting slightly against the major currency pairs, particularly Euro while the Australian dollar

The post Macro Afternoon appeared first on MacroBusiness.

The center-right and center-left parties seeking to form Germany's new government have said they will invest "whatever it takes" in Germany's defenses. That could include modernizing the Bundeswehr on a massive scale. But what would that mean in detail?

Coal mine owners are being allowed to report fugitive methane emissions that are failing to provide the full scope of what is being released.

Let us recall the spectacle of Raja Albo dining with his fellow lords of Indian immigration over a damn good curry and discussions about how to gut the Australian border. Perhaps the suspected baksheesh was insufficient, or the Rajas underestimated Albo’s nature because, today, it is reported the man behind the party is not doing

The post Albo’s immigration Raja crashes and burns appeared first on MacroBusiness.

The federal government is wooing landowners by launching the Developer Ratings Scheme and funding a website that assess land for wind, solar potential.

They keep trying and keep failing to describe what is going on. SMH. Yet a gas reservation policy now will not save Australia from the diabolically embarrassing scenario of having to import gas to keep the lights on in Melbourne and Sydney. Understandably, Australians are having trouble getting to grips with the fact that we

The post The gas debate stinks appeared first on MacroBusiness.

Tuesday’s federal budget included the following explanation of how the decline in tobacco excise has resulted in the loss of billions of dollars in revenue. Excluding new policy decisions, excise and customs duty receipts have been revised down by $1.7 billion in 2025–26 and $8.5 billion over the five years from 2024–25 to 2028–29. The

The post Tobacco taxes: a tale of budget sabotage appeared first on MacroBusiness.

Liberal leader Peter Dutton has thrown a cost-of-living Hail Mary at voters, promising to halve the rate of fuel excise for a year, which would cost the federal budget $6 billion. Dutton boasted that his policy would take effect as soon as the Coalition wins office, unlike Labor’s new tax cuts that are more than

The post Desperate Dutton throws fuel tax Hail Mary appeared first on MacroBusiness.