13+ hour, 8+ min ago   (150+ words) Defenders of mass migration often argue that Australia’s ‘skilled’ immigration system boosts the nation’s productivity because migrants are more skilled than locals and earn higher incomes. However, when you examine the macroeconomic data, you quickly discover that Australia’s labour productivity…...

4+ day, 7+ hour ago   (103+ words) MacroBusiness Housing prices crash, first home buyers surge As the debate over Australian housing price falls and the correct approach to negative gearing and the capital gains tax discount on existing homes continues, we have new hard evidence from New…...

4+ day, 15+ hour ago   (93+ words) macrobusiness.com.au Australian unemployment kept lower by Only Fans Since the Albanese government came to power, one metric it has pointed to most as a sign of its economic management is the nation’s unemployment rate. In trend terms, the…...

5+ day, 16+ hour ago   (100+ words) MacroBusiness Aussie business conditions weakest since pandemic The August NAB Business Survey, which is based on responses from 24 to 31 August, was released on Tuesday, with conditions turning negative and falling to their lowest level since the pandemic as profitability collapses....

6+ day, 15+ hour ago   (761+ words) My god, it has taken 15 years for the MSM to catch on, but it finally has. From the time-warped ABC. “All roads lead to Santos’s GLNG project,” says Saul Kavonic, head of energy research at MST Financial. Kavonic, one of…...

1+ week, 2+ day ago   (123+ words) David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics…...

1+ week, 1+ day ago   (118+ words) MacroBusiness Aussies driven into working second jobs as mortgage costs bite According to data from realestate.com.au, housing affordability has fallen to its lowest level on record, with households earning a median income of about $125,000 a year only able…...

1+ week, 4+ day ago   (399+ words) If you want to see a failed market in action, look at this chart. While there was a debate about gas taxes and domestic reservation, the gas export cartel pushed the price lower to hoodwink the public. Now it is…...

1+ week, 5+ day ago   (120+ words) When total Australian federal government debt recently ticked over the $1 trillion mark, it triggered a war of words over who should take the lion’s share of responsibility for reaching this undesirable milestone. In the view of opposition leader Angus Taylor,…...

1+ week, 5+ day ago   (79+ words) Australia’s productivity performance: “bad to worse” macrobusiness.com.au Australia’s productivity performance: “bad to worse” Australia’s productivity growth over the past decade has been among the poorest in the OECD, hampering economic and per capita growth and contributing to the…...