Cotality’s daily dwelling values index shows that capital city value growth is tracking at around the fastest pace in two years. This follows a commensurate rise in auction clearance rates, which are also tracking at around a two-year high. Westpac’s latest consumer sentiment survey showed that house price expectations hit a fresh 15-year high in
Old Queenscliff Pier, Victoria AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Vids
The post Macro Afternoon: 7 October 2025 appeared first on MacroBusiness.
Britain is “furious” over its failure to bring about the “strategic defeat” of Russia and is preparing a new “provocation” in response to battlefield gains in the Ukraine conflict, Moscow's Foreign Intelligence Service (SVR) has warned.
The Reserve Bank of New Zealand has slashed the official cash rate by 2.50% from its July 2024 top of 5.50%: As illustrated below by Justin Fabo from Antipodean Macro, the sharp cut in the cash rate has reduced mortgage rates for new loans back to around pre-pandemic levels: Such a large decline in mortgage
The post New Zealand’s house price crash continues appeared first on MacroBusiness.
When the Crime Statistics Agency recently released Victoria’s crime statistics for 2024-25, it revealed that the state saw a record high number of criminal incidents, with over 483,000 incidents over the course of the financial year. But going through the numbers, one stat really jumped out at readers: Victoria Police reported that just 5,400 repeat
After a months-long rebound, Westpac’s monthly consumer sentiment index crashed back to a 6-month low in September as hopes of deep interest rate cuts faded. Westpac’s Head of Australian Macro-Forecasting, Matthew Hassan, explains the results below. Key Points: Westpac Consumer Sentiment Index declines 3.5% to 92.1 in October. Optimism about outlook for family finances fades.
Energy is the bedrock of a modern economy. Without affordable and reliable energy, an economy will experience cost inflation across the supply chain. The energy-intensive manufacturing sector will also shrink as it can no longer break a profit and compete against cheaper imports. Australia’s economy has experienced soaring energy costs—both electricity and gas prices—which are
I consider the video-sharing platform YouTube to be one of the most useful and powerful educational tools available. Every day, I utilise YouTube to learn about topics or to troubleshoot problems. My teenage daughter regularly uses YouTube ‘How-to’ videos to learn about arts and crafts, solve math problems, fix computer issues, learn about history, do video
