Blogotariat

The typical Australian mortgage holder has experienced a massive rise in mortgage payments following the Reserve Bank of Australia’s (RBA) monetary tightening cycle, beginning in May 2022. As illustrated by the following chart from Westpac, the average minimum mortgage repayment in Australia rose from around $1,800 before the first rate hike to a peak of

The post Aussie mortgage holders breathe sigh of relief appeared first on MacroBusiness.

The Australian Energy Regulator (AER) announced this week an increase in electricity prices for households with standing offer plans. Electricity customers in NSW face the biggest increase in default market offer prices from 1 July, with power bills across the state to rise by between 6.1% and 9.1%. AER chair Clare Savage says that while

The post Why Australian electricity costs will continue to rise appeared first on MacroBusiness.

Wall Street returned with a bang after its long weekend break with a 2% plus surge across the board in response to the 180 degree spinning top EU Trump tariffs, which should give Asian equities a bounce on the open this morning. Meanwhile the broader selloff in USD was also backed off as Euro pulled

The post Macro Morning appeared first on MacroBusiness.

Last week, the federal government’s own advisory body, the National Housing Supply & Affordability Council (NHSAC) released its 2025 State of the Housing System report, which forecast that only 938,000 dwellings will be built nationwide by mid-2029, 262,000 dwellings short of Labor’s National Housing Accord target of 1.2 million new homes over five years. NHSAC

The post Australia faces crippling housing shortage appeared first on MacroBusiness.

Just wrapped a five-hour shift uploading books to the various online stores, and lemme tell you—I am feeling it. It’s been a while since I’ve done a big indie publishing run, and tomorrow’s release is shaping up to be the biggest one yet.

Part of the complication? I decided to release the books as individual titles on Amazon to meet their monopolistic Kindle Unlimited exclusivity requirements. This meant I then had to bundle those same books into a three-volume collection to sell everywhere else—because I’m still finishing the third volume, that bundle had to go up as a pre-order.

New Neoen owner wants to double the pace of its project development, and wants to sell off some assets to recycle capital - and pay itself dividends.

"We came bloody close to being in the situation that the US is in now, where everything gets cancelled." Grattan's Alison Reeves grim warning to renewables industry.

Most of the objections against Moonlight Range wind farm were not local, raising questions about the LNP's decision to axe it.

Except that it is very common! GPs in NSW will soon be able to diagnose and prescribe medication for attention-deficit hyperactivity disorder (ADHD), under major changes that will slash appointment wait times and make it more affordable for children and adults to receive a diagnosis and treatment. The NSW Labor government will pay for GPs

The post The economic burden of ADHD appeared first on MacroBusiness.

Arena commits $4.4 million to help mining company South32 electrify steam generation at its alumina refinery, and replace fossil fuels with renewables.

Victoria has become an economic leech on the nation. In 2024-25, Victoria received a massive $3.8 billion boost in its GST, whereas Queensland lost $384 million and NSW lost $188 million. Victoria also received $411 million in additional grants from the Commonwealth in 2024-25. For 2025–2026, Victoria’s GST allocation was increased again by $3.7 billion,

The post Victoria is a giant economic sinkhole appeared first on MacroBusiness.