Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, March 4, 2025 - 11:30 Source

The Australian Bureau of Statistics (ABS) on Monday released the Q4 2024 Business Indicators, which showed that non-mining company profits have never been higher (excluding the pandemic spike). Despite the stellar profits, Australian Industry Group (AIG) CEO, Innes Willox, attacked what he labelled a “wages blowout”, which is placing “mounting pressure on business balance sheets”:

Sticky: No
MacroBusiness Tuesday, March 4, 2025 - 08:00 Source

Last month, Justin Fabo from Antipodean Macro posted the following chart tracking labour productivity across major advanced nations. As you can see, Australia’s labour productivity growth has been among the worst in the advanced world after recording zero improvement since 2016. Last week, the Reserve Bank of Australia’s (RBA) Michael Plumb delivered a speech to a

Sticky: No
Cheeseburger Gothic Monday, March 3, 2025 - 13:50 Source

Move along citizen, nothing to see here. Just a fucking cyclone about to slide sideways into my word cave. Probably on Thursday.

I do like the reserved tone of my weather here.

Sticky: No

Pages