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Politicians are blind to and unaffected by the housing crisis. 6 hours ago. 17
Builders: population growth behind housing crisis
1 day 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 ...
The RBA should cut 50bps - MacroBusiness
2 days ago · The RBA is only going to wait until a December cut to save face: After 2.5 years of per capita recession, the RBA should cut 50bps to stop inflation expectations from cratering.
RBA to still cut in December - MacroBusiness
The RBA is still going to cut in December. The reason is inflation will be too weak if it does not, Especially so after another round of energy bill rebates is announced: Gareth Aird at CBA ...
Australian housing supply indicators collapse - MacroBusiness
3 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 ...
Why the RBA is going to cut hard, fast and deep
Oct 9, 2024 · The RBA argument that higher trimmed mean inflation matters more than lower headline inflation is about to collapse as the government renews energy rebates and persists with student visa cuts.
Australia faces "largest and longest house price correction in history"
Ms Masters said a 2.85 per cent cash rate was consistent with a 25 per cent price fall in the “very leveraged” Sydney property market and a 16 per cent dip in values nationwide. “It will be ...
Australia’s consumer recession projected to deepen
Australians are currently enduring their deepest recession since the early 1990s outside of the pandemic lockdowns. Australia’s real per capita GDP declined by 1.3% over the five quarters to ...
Australia's recession to deepen in 2024 - MacroBusiness
Thus, the OECD’s GDP forecasts suggest that Australia will suffer a two-year per capita recession, with 2024 likely to be even deeper than 2023. Leith van Onselen is Chief Economist at the MB ...
RBA to cut rates “sooner and faster” - MacroBusiness
Mar 1, 2024 · Recall that the Reserve Bank of Australia’s (RBA) Statement on Monetary Policy (SoMP) forecast that Australia’s unemployment rate would end the year at 4.3% and peak at just 4.4% in mid-2025: