Yesterday’s final result in New South Wales was a bit of a surprise, with One Nation closing a primary vote margin of 0.21 quotas. Even after One Nation won another senator in Western Australia on Thursday afternoon, the gain they had made in WA wouldn’t have been another to do the same in NSW.
Antony Green previously produced a table showing how the switch from group voting tickets had meant that nearly all Senate elections resulted in the candidate leading on the primary vote ended up winning. I’ve now extended this table to show the 2025 results.
Cotality (formerly CoreLogic) has published its daily dwelling value index for 31 May, which covers Australia’s five major city housing markets. Dwelling values rose by 0.5% in May at the aggregate 5-city level, with all major markets recording solid increases: Over the May quarter, dwelling values rose by 1.2%, with Brisbane (1.6%) leading the way,
The Albanese government’s National Housing Accord commenced on 1 July 2024 and requires the construction of 1.2 million homes over five years, which equates to 20,000 homes per month and 240,000 homes a year. As illustrated in the next chart, the 240,000 annual housing target is beyond anything Australia has ever achieved before and way
International Reading: Elon Musk wants to rollout robotaxi in Austin in two weeks – Fortune America has a billionaire problem — we need a wealth tax to fix it – The Hill The Republican budget is an attack on the American economy – Public Notice Tariffs, and Trump’s entire economic agenda, were just thrown into
The post Weekend reading and media appearances appeared first on MacroBusiness.
It’s miserable here. The weekend is upon us, and it's cold, bleak, and rainy where I am. So, I’m sending you a weekend read. A chapter from For Her Eyes Only, in which my kickass heroine, well, kicks some. I hope it amuses you as much as it did me when I wrote it.
If you are an Amazon atheist, I’ve now got the pre-order ready to go everywhere online, which is why you’re getting this extra mail out.
All three books are available for pre-order here.
The TACO in Chief is again threatening more tariffs on the EU just 24 hours after a yeah-nah decision by US courts to remove then reinstate the global tariffs, which of course is translating into a lot of hesitation on risk markets. This comes just after clear signs that a US recession is underway while
The post Macro Afternoon appeared first on MacroBusiness.
I try to replicate my more substantial posts on Substack here, but forgot this from a few weeks ago. So I’m now making amends.
When it comes to Magna Carta clause 39 is the one hanging in the foyer.
This week, I was interviewed by Andrew Bolt from Sky News on the latest housing forecasts from the federal government’s advisory body, the National Housing Supply and Affordability Council (NHSAC). Edited transcript Andrew Bolt: The government’s National Housing Supply and Affordability Council (NHSAC) has put out its annual report, the State of the Housing System,
A slight exaggeration perhaps, but certainly looser than the always wrong RBA would have you think. Via Goldman. A key uncertainty in Australia’s monetary policy outlook is whether the labour market is still operating above full employment and therefore a source of inflationary pressures. In our view, the labour market has arrived at a ‘sweet
