By Mason Garland It’s now been over a month since the beginning of the Lord Mayor Adrian Schrinner and Brisbane City Council’s crackdown on the homeless tent cities at Musgrave Park (and Kurilpa Point Park). And since then, there has been a recognisable decline in tent sleepers staying at Musgrave Park, many choosing to migrate…
The post Musgrave Crackdown: Safety or Politics appeared first on The AIM Network.
Does Australia need a Korean coup to wake up to falling living standards? No. Once that cat is out of the bag, then the fall accelerates, ala Argentina. John Authors today looks at what South Korea’s martial law episode signifies. At present, it looks like Yoon’s bid for power rather resembles the coup against Mikhail Gorbachev by
The post Does Australia need a Korean coup? appeared first on MacroBusiness.
By Stephen Saunders The way things are going, this new report on student-migration policy scarcely needs those last four words in its title. In November 2024, the Coalition voted down Albanese Labor’s “cap” or “quotas” on student visas and their misleading misinformation bill. This Australian Population Research Institute (TAPRI) report retraces the migration-policy year, illustrating
The Market Ear with the argument for more tech, for longer. Big boom potential BofA sees potential for a proper melt-up. “Not since the 1920s have we seen the potential for a major tech boom to coincide with significant deregulation & tax cuts. Historically, both have driven large booms in equities” Source: BofA Quant Relatively
The post The Roaring Twenties appeared first on MacroBusiness.
Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, dig into earnings revisions and fundamentals which generally look positive and contrast this with valuations using a range of different metrics. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer
Australia’s RBA governor, Michele Bullhawk, is about to make an awkward first landing. Goldman’s Andrew Boak shoots the ungainly creature down. Bottom line: Australian GDP increased 0.3%qoq in 3Q2024, with year-ended growth decelerating to a new 32-year low of 0.8%yoy (ex-pandemic lockdowns). The outcome was 20bps below expectations (GSe/BBG: +0.5%qoq, +1.1%yoy) and GDP per capita
The head of Deloitte Access Economics, Pradeep Philip, gave one of the best summaries of Wednesday’s Q3 national accounts release from the Australian Bureau of Statistics (ABS), noting that the private sector was being “clobbered” and the economy was “stuck in the mud and spinning its wheels”. “With little headroom for further fiscal stimulus and
One of the less-known outcomes of the immigration-led economy is that it destroys the nation’s armed forces. It does this by ripping up the social contract between leadership and the polity on critical issues around living standards. To put it bluntly, why would any young person wish to defend their country when the same has
The post Soldiers added to skills shortage list appeared first on MacroBusiness.
Productivity Commission Media Release The Productivity Commission is seeking ideas from everyday Australians to inform our policy recommendations to government. “We are looking for practical policy ideas from people in all walks of life on how Australia can work smarter, more efficiently, and more productively,” said Chair Danielle Wood. This initiative follows the Treasurer’s announcement…
From the Productivity Commission today. We want your ideas on making Australia more productive and prosperous The living standards of Australians depend on our national productivity. That’s why we want to hear your ideas on practical ways we can make Australia more productive. Select the ‘Add your idea’ button to pitch your idea. The ideas
The crises in Australian energy are multiplying by the day: gas price shock gas imports price shock power price shock coal capacity shock surge capacity shock But, never fear, the rebates are here! The current latest round of power bill discounts of $300 for each of Australia’s 10 million homes and $325 for each of
The post Energy superidiot plucks RBA hawks appeared first on MacroBusiness.
According to the most recent PropTrack home price data, Melbourne has been left well behind the other major capital cities. Since the start of the pandemic in March 2020, Melbourne dwelling prices have increased by only 16%, compared to a 41% growth across the combined capital cities: The following chart displays price growth across the
Last month, I mentioned that the latest net permanent and long-term arrivals data from the Australian Bureau of Statistics (ABS) showed record net arrivals in 2024. As presented above, there were 393,874 net arrivals in the first nine months of 2024, nearly 1,300 more than the previous year’s record arrivals and almost 128,000 more than