Blogotariat

Oz Blog News Commentary

“Economically illiterate” airport boss spins migration fairy tales

February 25, 2026 - 13:00 -- Admin

Adelaide Airport managing director Brenton Cox has labelled immigration critics “economically illiterate”, arguing that lower immigration levels would hinder growth and hinder housing supply. “Those things (people say) like people coming to Australia are ‘taking jobs and taking our houses’… But the macro (economic) work absolutely disproves that”. “It makes clear (immigrants) are creating jobs

Alboflation hot to trot in January

February 25, 2026 - 12:36 -- Admin

The ABS monthly number is out, and whoa! Both headline and trimmed mean came in 10bps above consensus. The details aren’t good, either. How has Australia managed to experience 4% goods inflation while China is flooding the world with dirt-cheap products displaced from the US? Energy shock, I’m guessing. The same is still playing out

Chinese property keeps on falling

February 25, 2026 - 12:30 -- Admin

The charts look absolutely horrible, but when Goldman does a seaonal comparions it’s not as bad. It compared the daily average volume during the 2026 CNY holidays (Feb15th-23rd) vs. 2025 holiday period (Jan 28th-Feb 4th): against an undemanding base, sampled primary markets recorded improvements with daily average volume rising +39%, while secondary markets registered more