Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Lies, damn lies and international students

May 29, 2020 - 10:00 -- Admin

The education lobby has been caught out exaggerating the collapse in international students, which according to Department of Education data, is actually not that large: Only about 121,000, or 20 per cent, of some 606,000 primary student visa holders were stranded outside Australia on 17 May… The figures, which have not been released publicly, show

The post Lies, damn lies and international students appeared first on MacroBusiness.

Macro Morning

May 29, 2020 - 08:30 -- Admin

By Chris Becker  The risk edifice continues to push higher, helped along by a reduction in continuing jobless claims in the US even though all the other economic markers show the world’s biggest economy in a deepening recession. Wall Street stumbled at the finish due to some Trump remarks with US Treasury yields rising slightly,

The post Macro Morning appeared first on MacroBusiness.

Australia “heading for small business disaster”

May 29, 2020 - 07:01 -- Admin

Simon Reynolds, founder of The Fortune Institute, claims Australia is “heading for a small business disaster” and has called for further assistance from the federal government: “We are heading for a small business disaster”… “The government has offered them temporary money, but that will run out fast. “In biblical terms, the government is handing out

The post Australia “heading for small business disaster” appeared first on MacroBusiness.

CoreLogic weekly house price update: Heavy falls

May 29, 2020 - 00:10 -- Admin

In the week ended 28 May 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.27%: It was the third consecutive weekly decline. The falls were driven by Sydney and Melbourne: Over the first four weeks of March, dwelling values have fallen by 0.44% at the

The post CoreLogic weekly house price update: Heavy falls appeared first on MacroBusiness.

Over one quarter of Aussies finally stressed from COVID-19

May 29, 2020 - 00:05 -- Admin

The easing of lockdown restrictions has improved confidence in the Australian economy, according to the latest Melbourne Institute Survey of the Impact of COVID-19 in Australia, which contains responses from 1200 persons aged 18 years and over. However, 40% of survey respondents expect to be impacted for at least another six months and 28% are

The post Over one quarter of Aussies finally stressed from COVID-19 appeared first on MacroBusiness.

Links 29 May 2020

May 29, 2020 - 00:01 -- Admin

Global Macro / Markets / Investing: Coronavirus pushes global credit rating downgrade threat to record high – Reuters Some 42% Of Jobs Lost In Pandemic Are Gone For Good – Forbes COVID-era junk bond deals begin to go sour in just 2 months – Reuters ‘The Top End of the Economy Will Be Fine …

The post Links 29 May 2020 appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Macro Afternoon

May 28, 2020 - 16:30 -- Admin

A busy day in Asia with lots of economic reports confirming the impact the coronavirus is having on world economies, with the RBA all but ruling out negative interest rates as the local appetite for capital expenditure falls sharply. Despite the economic reality, the unrelated share market rally’s continue across the region, save for embattled

The post Macro Afternoon appeared first on MacroBusiness.

MB Fund Podcast: Maybe more debt isn’t the answer? With Jonathan Rochford

May 28, 2020 - 16:17 -- Admin

Over the past few months we have looked several times at debt crises and how they are likely to be resolved. We had Dr Hail on to talk about MMT, we featured Ray Dalio’s solutions to debt crises and this week we hear the third option: Austrian economics. Jonathan Rochford will take to the podcast

The post MB Fund Podcast: Maybe more debt isn’t the answer? With Jonathan Rochford appeared first on MacroBusiness.

Final auction clearance rates bounce off thin volumes

May 28, 2020 - 13:40 -- Admin

CoreLogic has released the final auction clearance rate for last weekend, which has rebounded to 62.7%; albeit off volumes that are less than a third of last year’s levels: According to CoreLogic: The final weighted average clearance rate came in at 62.7% last week, surpassing the previous week’s 60.4% as the highest result since the

The post Final auction clearance rates bounce off thin volumes appeared first on MacroBusiness.

Pages