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MacroBusiness Friday, November 14, 2025 - 14:00 Source

On Thursday, Stats NZ released data showing that 12,400 net migrants arrived in the year to September 2025, down from a net gain of 42,400 in the September 2024 year. The current migration inflow is also well below the circa 130,000 peak in 2023 and is below the decade average annual net inflow of about

The post Kiwis seek greener pastures in Australia appeared first on MacroBusiness.

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MacroBusiness Friday, November 14, 2025 - 13:30 Source

In the second last line of the RBA’s exhaustive forecasts out to December 2027 was their projection for real wage growth in year-on-year terms at 6-month intervals. According to an analysis from Greg Jericho, the policy director at the Centre for Future Work, what they have projected is effectively two separate recessions for real wages

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MacroBusiness Friday, November 14, 2025 - 13:00 Source

Why are wrongful dismissal claims soaring?…Everyone has a theory. A weakening job market. Artificial intelligence-assisted applications. Greater media attention on the cases leading to greater worker awareness of their rights. Did something break in people’s attitudes during the pandemic that contributed to the increase? Has working from home done something to curdle workplace relationships? A

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Your Democracy Friday, November 14, 2025 - 12:54 Source

I know that you know, but you’ll never be able to prove it,” Graham Richardson once said to me more than 20 years ago, back when we were still talking.

For a reporter whose career has been spent uncovering crime and corruption, Richo was the one who got away.

 

Long lunches, Swiss bank accounts and a kangaroo scrotum: My decades pursuing Graham Richardson

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MacroBusiness Friday, November 14, 2025 - 12:30 Source

Canberra is on a charge for the media moguls. Facebook owner Meta would be liable to pay the Australian Taxation Office more than $112 million a year if it fails to strike commercial deals with local publishers under new laws aimed at forcing recalcitrant social media platforms to pay for news. But the tax, which

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MacroBusiness Friday, November 14, 2025 - 12:00 Source

Australia’s population grew by an extraordinary 8.5 million (45%) over the first 25 years of this century, far exceeding the population growth of other advanced nations. Over the four years from Q1 2021 to Q1 2025, Australia’s population grew by an estraordinary 1.88 million (7.9%)—equivalent to adding an Adelaide and Hobart to the nation’s population.

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MacroBusiness Friday, November 14, 2025 - 11:30 Source

Amid the frenzy of economists calling rate holds and hikes, Westpac is making the most sense today. The bank argues that after a poorer performance in September, employment was stronger than anticipated in October, resulting in growth on a three-month average that was about ½ppt slower than it was six months prior. Moreover, the unemployment

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