ANZ-Indeed jobs ads are interesting. The ANZ-Indeed Australian Job Ads series edged lower from a revised 116.3 in June to 115.2 in July. The series remains within a tight 114–117 range and has largely been tracking sideways since mid-2024. The June labour force survey revealed some signs of labour market easing, with the unemployment rate
Since the pandemic, Queensland has been a magnet for residents of southern states, including Victoria. Over the five years to Q4 2024, 163,200 residents from other states relocated to Queensland. Many of these residents came from Victoria, which lost 82,130 net residents over the same period. The spike in net interstate migration into Queensland, along
Various narratives supporting and opposing the concept of working from home continue to propagate amidst the ongoing debate surrounding its benefits and politics. One of the most widely held ideas is that any job that can be done full-time, working from home, can also be done by a remote worker in another part of the
Ferrous is doing a merry dance as steel and iron ore trade places. One of the mysteries of this year’s ferrous markets has been why or how seaborne market production increases have been absorbed without too much price damage. The output increase has been relatively small so far, and the stock has been offset by
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Tuesday mornings, you'll normally find me walking around West End before the sun comes up. Jane has a PT session pretty early, and I take the opportunity to get a walk down by the river. Her trainer called as we were on the way to her gym yesterday morning, however, and asked if she could reschedule. No biggie. Jane diverted to the gym in her club in the city, and I took the opportunity for a slightly different walk.
Casting a formal vote in a Tasmanian lower house election isn’t the easiest vote to cast, but in some ways it’s easier than it would be in other places.
Voters are required to number at least as many boxes as there are vacancies – that means that the required number of preferences increased from 5 in 2021 to 7 in 2024 – despite an attempt by Kevin Bonham to allow for savings provisions that would minimise informal rates.
China (31.5% share in 2023) and India (8.1% share in 2023) have driven the increase in global carbon emissions this century. As illustrated below by US energy expert Robert Bryce, China and India’s combined share of the world’s carbon emissions rose from 18% in 2000 to 40% in 2023. While the developed world has decarbonised,
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Another poor US domestic economic print – this time the latest ISM services survey – sent Wall Street lower amid reaction to a rambling interview by Trump overnight espousing new off the cuff tariffs for pharmaceuticals and others. Neither side of the Atlantic liked the newsflow although European stocks eked out a small gain while
The post Macro Morning appeared first on MacroBusiness.
The latest data from the Departments of Home Affairs and Education indicates that the Albanese government’s “crackdown” on the international education sector has had minimal impact. The Department of Home Affairs’ temporary visa data for Q2 2025 shows that there were 821,251 people residing in Australia on either a student or a graduate visa. This
DXY is holding for now. AUD is licking its wounds. Lead boots bounced. Gold is firm, oil not. Metals are lacklustre. Mining bear intact. EM bounced. Junk toppy. Yields held the losses. Stocks fell anyway. I expect more AUD chaos for now. The market remains very short DXY, and such consensus trades often need long
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Since the turn of the century, Australian policymakers have attempted to pump housing demand via stimulatory demand-side policies. These policies have ultimately driven mortgage debt and house prices higher, resulting in structurally worse housing affordability. The latest federal election was another prime example of this policy folly, with both Labor and the Coalition promising further



