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MacroBusiness Thursday, September 18, 2025 - 00:05 Source

Australia’s governments want to ‘solve’ the housing crisis by pushing Australians into high-rise apartments. They ignore that the 2010s decade saw the biggest boom in high-rise apartment construction in Australia’s history, concentrated in the nation’s major capital cities: This unprecedented boom in high-rise apartment complexes resulted in a spike in construction faults and quality issues,

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Renew Economy Wednesday, September 17, 2025 - 18:00 Source
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Renew Economy Wednesday, September 17, 2025 - 17:20 Source
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Renew Economy Wednesday, September 17, 2025 - 16:06 Source
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Renew Economy Wednesday, September 17, 2025 - 16:01 Source
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Cheeseburger Gothic Wednesday, September 17, 2025 - 15:27 Source

My trusty old LG Art Series airconditioner, installed when we renovated the house (and built my office) about twenty years ago… is no more.

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Renew Economy Wednesday, September 17, 2025 - 14:38 Source
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Renew Economy Wednesday, September 17, 2025 - 14:17 Source
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MacroBusiness Wednesday, September 17, 2025 - 14:00 Source

After this month’s stronger-than-expected June quarter national accounts release, which saw the economy grow by 0.6% over the quarter (faster than consensus and the RBA’s forecasts), Westpac’s leading index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, has stalled. The six-month annualised growth rate in

The post Aussie economy losing momentum? appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 17, 2025 - 13:00 Source

Cotality has released alarming data showing that Australia’s rental market is tightening fast. The following chart from Cotality shows that the total number of rental listings has fallen back to a historic low across the combined capital cities, tracking at about half the level of the early pandemic peak: The following chart from Cotality shows

The post Australia’s rental market is tightening fast appeared first on MacroBusiness.

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Renew Economy Wednesday, September 17, 2025 - 12:22 Source
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Renew Economy Wednesday, September 17, 2025 - 12:12 Source
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MacroBusiness Wednesday, September 17, 2025 - 12:00 Source

On Monday, Shadow Home Affairs Minister Andrew Hastie threatened to quit the opposition front bench unless Coalition leader Sussan Ley abandons the party’s commitment to a net zero emissions target. For more than two decades, the Coalition has been engaging in internal battles over the issue of climate change action. Back in 2003, several prominent

The post The political realities of ‘Net Zero’ and the LNP appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 17, 2025 - 11:30 Source

As the debate over migration continues both on social media and in the halls of power, myths surrounding its impact on housing continue to propagate. This is despite the fact that the issue can often be easily disproven with a quick review of the data and a brief reading of commentary from one of the

The post The great immigration housing debate appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 17, 2025 - 11:00 Source

The number of international enrolments in Australia hit a record high of 839,200 in the year to June 2025. This was up around 13,400 (1.6%) from the 825,800 enrolments in 2024, around 130,440 (18%) higher than the same time in 2019 before the pandemic, and more than triple the 266,100 enrolments 20 years earlier in

The post Victorian Premier grovels for Chinese and Indian students appeared first on MacroBusiness.

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The Tally Room Wednesday, September 17, 2025 - 10:56 Source

We rely on independent mapmakers to draw electoral boundaries at each redistribution. There is an extensive process of public consultation, and there are rules about how seats can be drawn, but ultimately the mapmakers have quite a lot of discretion about how they apply guidelines, and where they draw the lines.

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MacroBusiness Wednesday, September 17, 2025 - 10:30 Source

There are days when an investors’ patience is tested. Yesterday was one for iron ore. Chinese data was bad. Not so bad as to expect imminent super stimmies but bad enough that commodity prices should have taken a hit given the weakness was most notable in commodity-intensive sectors. Goldman gives us a brief wrap Bottom

The post Iron ore inexplicable appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 17, 2025 - 10:00 Source

With the release of the latest national accounts earlier this month, it was revealed that household consumption spending had picked up in the June quarter, rising by 0.9% in real terms. While 0.4 percentage points worth of that rise was driven by the growth in the working-age population, in overall terms it marked the equal

The post Aussie household spending bounces or does it? appeared first on MacroBusiness.

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Renew Economy Wednesday, September 17, 2025 - 09:47 Source
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MacroBusiness Wednesday, September 17, 2025 - 09:30 Source

From the Market Ear: Room to run SPX continues to trade inside the short-term trend channel that has been in place since late May. RSI is getting rather overbought, but overbought levels tend to stay overbought for longer than most think possible. Note the upper part of the channel is still higher. The chase is

The post FOMO Rally Faces the Fed appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 17, 2025 - 09:00 Source

On Thursday, the Australian Bureau of Statistics (ABS) will release the official labour force release for August. Ahead of that release, Roy Morgan released its shadow labour force survey for August, which recorded a sharp 0.8% increase in unemployment to 11.1%, up 2.0% year-on-year: Roy Morgan effectively counts someone as unemployed if they want a

The post Aussie unemployment surges appeared first on MacroBusiness.

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MacroBusiness Wednesday, September 17, 2025 - 08:00 Source

In the world of Australian Treasurer Jim Chalmers, Australia’s economy is strong, wages are booming, and living standards are rebounding fast: “The Coalition’s deliberate policy of wage suppression saw wages stagnate for the best part of a decade and living standards fall sharply, but we’re turning that around”. “We’ve managed to get inflation down and

The post Jim Chalmers layers more lipstick on pig economy appeared first on MacroBusiness.

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Your Democracy Wednesday, September 17, 2025 - 05:55 Source

 

French President Emmanuel Macron has privately admitted that NATO is the driving force behind the Ukraine conflict, prominent American economist Jeffrey Sachs has said. 

Macron, along with other Western leaders, has repeatedly claimed that Russia launched its military operation against Ukraine in 2022 without provocation and has insisted that Moscow is solely responsible for the conflict.

 

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Your Democracy Wednesday, September 17, 2025 - 04:44 Source

On August 30th, Andriy Parubiy was shot dead in broad daylight in Lviv, Ukraine. A key figure in the foreign-fomented Maidan putsch and a prominent and influential politician locally for many years, he was mourned by a welter of British, European and US officials. 

 

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Your Democracy Wednesday, September 17, 2025 - 03:34 Source

Princess, beautiful false eyelashes

Powdered cream face, lips red-sticked 

Crafted brows, gold-tinted hair splashes

Smooth skin from products handpicked

At the mega beauty health warehouse

For tall women that are hiding a mouse

 

Old men like me are ruined castles 

After too many battles against all

The last one lost to time and nature

Chase of faster rabbits down the hole

Becoming more dangerous hassles

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MacroBusiness Wednesday, September 17, 2025 - 00:05 Source

Below is another excellent guest post from MB reader Erin Rolandsen, CEO of Angelassist: The Guardian ran yet another piece of propaganda pleading for Big Australia, this time leaning on KPMG modelling to claim that cutting migration would actually lift house prices:  “Slashing migration would actually lead to higher house prices in Australia – here’s

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Renew Economy Tuesday, September 16, 2025 - 22:30 Source
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Renew Economy Tuesday, September 16, 2025 - 19:29 Source
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George Monbiot Tuesday, September 16, 2025 - 19:07 Source

Astonishingly, the Tufton Street junktanks that shaped Liz Truss’s agenda are still operating at the heart of government.

By George Monbiot, published in the Guardian 11th September 2025

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Renew Economy Tuesday, September 16, 2025 - 19:01 Source
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