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Articles from MacroBusiness

Macro Morning

April 22, 2025 - 09:00 -- Admin

Risk sentiment continued its decline over the Easter weekend with Wall Street snapping back nearly 3% lower overnight as it appears all the puffery around trade deals from the Trump regime is exactly that – hot air! Currency and bond markets are broadcasting fairly clearly now that the global trade and financial system is reeling

Australia has sold its soul for a housing bubble

April 22, 2025 - 00:10 -- Admin

Australia’s property obsession is slowly strangling the nation’s economy. According to the Australian Bureau of Statistics (ABS), the total value of Australia’s housing stock reached a record high of $11,032.2 billion at the end of 2024, with the average home valued at $976,800. CoreLogic’s latest monthly chart pack valued Australia’s housing stock at $11.3 trillion as

Aussie renter fights back!

April 18, 2025 - 00:30 -- Admin

For years, Macro Business has sounded the alarm about Australia’s immigration-driven housing crisis. The data is indisputable. Australia’s rental affordability has plummeted to a record low, with households forced to devote a record portion of their income to rent a home. Rents have risen about 50% nationwide since the pandemic’s beginning, driving the rental affordability

Macro Afternoon

April 17, 2025 - 16:30 -- Admin

As the world fights back against the Trump regime’s tariff nonsense, the latest Japanese trade figures showing a sharp decline in exports to the US year on year while locally the latest numberwang showed mixed sentiment around employment that could upset the expected cut from the RBA in May. The Australian dollar is still holding

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