MacroBusiness
Wednesday, March 27, 2024 - 11:30
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Back in February, the NSW Productivity Commission lamented that excessive housing costs were driving younger residents out of Sydney, resulting in a “brain drain” of 30 to 40 year olds. The NSW Productivity Commission found Sydney lost about 35,000 people aged 30-40 between 2016 and 2021. On Tuesday, the Australian Bureau of Statistics (ABS) released The post Fed up families flee migrant stuffed Sydney appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 27, 2024 - 11:11
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Westpac with the note. The six-month annualised growth rate in the WestpacMelbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, declined to –0.25% in January from–0.01% in December. The Australian economy remains stuck in a below trend growth rut. While the Leading The post Leading index bogged appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 27, 2024 - 11:00
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MB has long argued that most of Australia’s privatisations have delivered anti-competitive outcomes and embedded private monopolies, which has harmed consumers and taxpayers. Our politicians embraced this agenda because it delivered the illusion of lowering taxes and public debt (in the short term) by shifting monopoly ownership from public to private hands. Politicians also made |
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