Australia has no choice but to address housing demand
1 day ago · The official cash rate (4.35%) is now much higher than it was in 2017 (1.5%), when building levels peaked. They are also unlikely to revert to the rock-bottom levels reached during last decade’s ...
Economist cries wolf on inflation and interest rates
1 day ago · As AMP chief economist Shane Oliver noted on Twitter (X), “While central banks in the UK, NZ and Canada all raised rates by more than the RBA did (to 5% plus), Australian mortgage rates actually ...
Aussie households grow to counter rental crisis
5 days ago · In September, asking rents were flat in the month and 6.7% higher through the year. The annual rate of growth is down from a recent high of 10.0% in March this year. While growth rates remain ...
What do TimTams and Australian energy have in common?
4 days ago · A packet of TimTams cost $6 at both major Australian supermarkets versus $4.86 at Tescos, a popular UK supermarket chain. Coalition Senator Jane Hume said that it was “strange” that a ...
Australian housing supply indicators collapse - MacroBusiness
6 days ago · Australian housing supply indicators collapse. This month, we have received four critical pieces of data showing that Australian dwelling construction is sick, pointing to worsening shortages ...
Builders: population growth behind housing crisis
4 days ago · Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman ...
NDIS needs much stricter regulation - MacroBusiness
6 days ago · The Australian reported that outgoing NDIS minister Bill Shorten “will start forcing the 150,000 NDIS providers operating without oversight to become registered”. “Shorten will begin the ...