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Articles from MacroBusiness

Canada’s dire economic warning for Australia

March 21, 2024 - 00:05 -- Admin

No country has screwed up its immigration policy as badly as Canada. The employment, housing, infrastructure, and healthcare systems are all in disarray. Canada’s population increased by more than 1.2 million people, driven by record net overseas migration: This population surge has resulted in a serious housing shortage across Canada: Housing starts have lagged significantly

Macro Afternoon

March 20, 2024 - 16:30 -- Admin

Asian share markets are in a fairly good mood but all eyes remain on what the Fed will say and do overnight at its FOMC meeting with currency markets largely unchanged. Australian stocks are going nowhere after the RBA meeting as the Australian dollar is still in the doldrums, almost crossing below the 65 handle.

Perth’s housing market crushed by immigration

March 20, 2024 - 13:00 -- Admin

I was interviewed by Gary Adshead at Perth Radio 6PR discussing Perth’s worsening rental crisis, which is being driven by extreme levels of immigration. Below are key highlights with supporting data. Gary Adshead: There is an absolute crisis in housing and rental accommodation in this country right now. WA is struggling, absolutely struggling, to keep

MB Fund Podcast Preview: Boom Or Bust: Copper And Lithium In The Green Tech Era

March 20, 2024 - 12:05 -- Admin

Both copper and lithium prices have seen some wild rides in recent months (and years). There is a genuine growth case for both metals from green energy, but that doesn’t mean buy at any price. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, looks at these metals, the hype,

Supermarkets stack shelves with lobbyists

March 20, 2024 - 12:00 -- Admin

This is priceless. Rather than lower prices, the Coles and Woolies supergougers are stacking their shelves with political whores: Besieged supermarket giant Woolworths has hired Prime Minister Anthony Albanese’s former chief of staff Michael Choueifate to hold its hand during the looming examinations of its operations. Rival Coles has recruited SEC Newgate Australia chairman Brian

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