Blogotariat

New Zealand is experiencing a significant outflow of citizens, as illustrated by the following chart from Justin Fabo from Antipodean Macro. There was a net migration loss of 48,000 New Zealand citizens in the year to November 2024. This outflow of citizens has driven net overseas migration to below-average levels. Economists have warned that New

The post Why Kiwis are fleeing to Australia appeared first on MacroBusiness.

Risk markets are starting to diverge in fortuned once more as Wall Street and European shares continue their bounceback while commodities remain in flux due to the Chinese tariffs. Meanwhile the USD is weakening again as there is growing speculation the Fed may have more easing in its cycle as King Dollar struggles against Yen

The post Macro Morning appeared first on MacroBusiness.

Italian and Japanese joint venture snaps up a portfolio of wind, solar and battery assets put on the block by Australian super funds and investors.

The Australian Bureau of Statistics (ABS) shows that as of Q3 2024, real wages had fallen 6.7% from the June 2020 peak. The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy forecasts that real wages would still be 6.0% below the peak by the end of 2026, as illustrated below. On Tuesday, the

The post Proof Australian workers are going backwards appeared first on MacroBusiness.

US President Donald Trump has announced that the United States will assume control over the Gaza Strip, vowing to rebuild the war-torn enclave and create economic opportunities for its future residents. When asked whether US troops would be deployed to Gaza, Trump vowed to “do what is necessary.”

Landowners are deeply involve with the wind and battery project design, ensuring the final layout works for their neighbours as well as commercial goals.

German Chancellor Olaf Scholz criticized U.S. President Donald Trump's proposal to tie military aid for Ukraine to access to the country's rare earth resources, calling it "very selfish and self-centered," Spiegel reported on Feb. 4.

There will be no such thing because such innovative graft is beyond any Australian politician. Instead, there will be Albohouse. Prime Minister Anthony Albanese has succeeded in renting out his $4.3 million clifftop home on the NSW Central Coast after lowering the price, likely bringing in thousands a month for the four-bedroom property. The latest

The post Would anyone buy Albocoin? appeared first on MacroBusiness.

The Market Ear with more. MEGA Coming into Tariff Monday, Europe was experiencing its second-best start to the year and SXXP hit an ATH – of course, skeptics will highlight that this is against a low bar, and the outperformance is mostly valuation-driven (as opposed to earnings-inspired). However, 21 of 25 EU sectors have outperformed

The post Make Europe Great Again appeared first on MacroBusiness.

There’s no reason to stop it. Inflation is tumbling. Inflation expectations re-anchored. Wage growth is smashed. The recent consumer bounce is fragile and related to lifting expectations of easing. It is also still meaningfully below the RBA forecast. Goldman has more. We also upgrade our tracking estimate for GDP growth in 4Q2024 by 10bps to

The post RBA to cut in February appeared first on MacroBusiness.

You know an election is coming up when Labor-leaning economist Stephen Koukoulas (‘The Kouk’) writes a propaganda piece in the Labor-leaning Independent Australia, claiming, “The miraculous Australian economy is the envy of the world”. Kouk claims, “The economy is kicking off 2025 in a fabulous spot structurally, even though the cyclical impact of high interest

It is happening in real-time in front of our faces. Emergency alerts about a shortage of electricity reserves hit an all-time record for a last quarter of the year in 2024, new data has revealed, as NSW’s two largest coal power stations suffered a spate of debilitating faults. The Australian Energy Market Operator issued 144

The post Aussie energy superidiot hurtles towards disaster  appeared first on MacroBusiness.