Blogotariat

The beauty of MB is you don’t have to wait four months for the MSM to tell you the so-called “news” that is four months old.  You can track it when it happens. We have been predicting a new round of retail bill shocks delivered from the AER in March for 2025/26 and the ground

The post Here comes your new energy bill shock appeared first on MacroBusiness.

In late 2021, Labor released its Powering Australia Plan, which promised to cut NEM wholesale electricity costs by $11 per MWh from $62 to $51 by 2025. Labor claimed that its Powering Australia Plan would save Australians $275 on their residential power bills. This week, The Australian reported that the cost of generating electricity across

The post Labor lied to Australians on energy costs appeared first on MacroBusiness.

In 2009, the former Rudd government decided to allow temporary migrants to acquire Australian homes. The subsequent surge in temporary migration, especially among international students (with China accounting for the largest proportion), increased the demand for residential properties in Australia from foreign nationals. Opposition leader Peter Dutton promised that, if elected, he would ban foreign

Near neighbours of one of the country's biggest wind projects are being given the opportunity to choose how close they want to be to the proposed turbines.

CoreLogic’s daily dwelling value results for January show that home values across the five major capital city markets declined by 0.2% over the month, driven by falls of 0.4% and 0.6% across Sydney and Melbourne. By contrast, home values across Brisbane (0.4%), Adelaide (0.7%), and Perth (0.4%) rose in January. Over the three months to

The post Australian house prices sink in January appeared first on MacroBusiness.

Domain’s house price reported a median house price for Sydney of $1,645,444 at the end of 2024, more than double the $811,000 median price in 2014. The following table illustrates that Sydney’s median house price is around $580,000 higher than Canberra, Australia’s second most expensive capital city. A recent CBA analysis revealed that Sydney’s housing

The post If you are a young family, leave Sydney appeared first on MacroBusiness.

Asian stock markets are barely positive in reaction to the slightly hawkish tone the Fed took last night at the latest FOMC Meeting, with volatility still looking through the increasingly isolationist and tariff based US trade policies. The USD was pushed slightly higher overnight and has held on to most of those gains going into

The post Macro Afternoon appeared first on MacroBusiness.

A $230 million project investigating ways to make extracting future materials more sustainable will bring together five research groups from five continents, including one from Australia.

Miss America 2023 winner Grace Stanke has begun her Australian tour to promote nuclear power, just as the US energy giant that employs her has taken a big market hit after Chinese company DeepSeek claimed to have found a cheaper way to make AI.

In generations past, Australian businesses trained their workers. It was common for an Australian to finish high school or university and then take up an internship or graduate role at a company to gain vital skills and experience. This century has witnessed the decline of internships and graduate programs across Australian companies. In the mid-2000s,

The post BCA demands taxpayers pay to train their workers appeared first on MacroBusiness.

Late last year, Australian Prudential Regulation Authority (APRA) chairman John Lonsdale warned that the number of Australian households experiencing severe mortgage stress had nearly doubled since 2016 and was trending higher amid the Reserve Bank of Australia’s (RBA) aggressive monetary tightening. Lonsdale added that Australians are overexposed to mortgage debt. “Residential mortgages make up two-thirds

According to PropTrack, national median advertised rents have surged by 47% since December 2019. This explosive growth has pushed rental affordability to a record low, with 33% of median household income spent on the national median rent at the end of 2024. The good news is that Australian rental inflation is finally easing, with PropTrack’s

The post Aussie rents hit affordability ceiling appeared first on MacroBusiness.