Blogotariat

Last week, I critiqued an interview with former immigration department bureaucrat turned influencer, Abul Rizvi, on Joseph Walker’s podcast. In the interview, Rizvi explicitly admitted that slowing population ageing comprised about “80%” of the motivation for massively increasing Australia’s intake of migrants in the early 2000s. Until spending about a week reading up on Aus

The post Migration boom delivers ageing timebomb appeared first on MacroBusiness.

Thursday’s dwelling approvals data from the Australian Bureau of Statistics (ABS) suggested that the nation’s housing shortage continues to worsen. In January, only 15,142 homes were approved for construction, nearly 25% below the Albanese government’s housing target, requiring 20,000 homes to be built monthly for five consecutive years. In the 12 months to January, 174,942

The post Australia’s housing shortage worsens appeared first on MacroBusiness.

DXY is still getting pummeled. EUR is taking the lift up. All things considered, AUD is still weak. Can’t catch EUR, catch dislocate DXY. Lead boots! Break, baby, break! Metals relation sluggish outside copper. Miners a bit of life. EM still meh. Junk turning a little threatening. Yields sticky. Stocks were hammered again. The EUR

The post Australian dollar rides EUR rocket to the moon! appeared first on MacroBusiness.

Aside from oil, Australia has almost every natural resource the world requires. Australia has significant reserves of coal, gas, uranium, cobalt, nickel, copper, and lithium. Over the past two decades, Australia has reaped the greatest benefit from global commodity prices. The following chart from independent economist Tarric Brooker shows the extraordinary growth in Australian resources

Developer hopes to race through the federal and state planning processes with construction pegged to start this year.

Ausgrid-owned Plus Es will start rolling out its 1000 pole-mounted EV chargers next week after winning a waiver from the AER.

By Stephen Saunders At times, Canberra is another world. From its Press Gallery comes this Financial Review bedtime-story of “best performer” Jim Chalmers with his “disdain for” inequality. The 28 February AFR gushes for the “smartest person” in the room and his enthralling (who among average Australians even cares?) insider skirmishes with the Reserve Bank.

New report underscores concerns that keeping ageing Eraring coal plant open could result in higher prices and less reliable supply – the opposite of what was intended.

There has been a common story all over Australian politics of the major parties losing ground.

The most successful developer of wind, solar and battery projects in Australia reports a surge in storage revenues and earnings before de-listing.

The latest net permanent and long-term arrivals data from the Australian Bureau of Statistics (ABS) showed that 446,504 net migrants arrived in 2024, slightly less than the record 449,813 that arrived in 2023. While net arrivals declined since March 2024 compared to 2023, each month in 2024 was higher than in the corresponding month in

The post Australian population growth reaccelerates appeared first on MacroBusiness.

The Market Ear on the dead cat. NASDAQ – “oversoldest” NASDAQ has not been this oversold since August last year. Note that RSI at these levels, with NASDAQ trading below the 200-day as it touches the big trend line, has only occurred twice before since the great bull started. Source: Refinitiv “Netted out” Gross leverage

The post The dead cat lands appeared first on MacroBusiness.

Quinbrook unveils plans for series of massive eight-hour solar batteries to underpin giant industrial hubs and provide the engine room for green manufacturing.