Australia’s draconian social media ban for under-16s has won praise from European Commission president Ursula von der Leyen at the United Nations, who labelled it “plain common sense”. Australia held an overnight event on the fringes of the UN General Assembly in New York to explain the rationale for the ban and build global support
In the debate surrounding the impact of older demographics and in particular Baby Boomers on the housing market, emotions often run high, with things getting heated and facts often taking a back seat. At one extreme, some younger Australians accuse Baby Boomers of effectively kicking the ladder back after they used it. At the other
BMI—A Fitch Solutions Company—has published an analysis of the federal budget, which forecasts that Australia’s budget balance will fall into deficit in FY2025 (July to June) as “the government increases spending in response to the persistent cost-of-living crisis”. BMI forecasts a deficit of 1.0% and 0.5% in FY2025 and FY2026, respectively. “For FY2025, we forecast
As 2025 unfolds, Australia finds itself in a peculiar position. The nation is experiencing a housing shortage, which the government acknowledges is worsening. The Albanese government’s National Housing Supply and Affordability Council forecasts that growth in housing demand will outstrip supply throughout 2023-24, 2024-25, and will continue to do so through to 2028-29. Yet despite
South Australia is regarded as the nation’s leader in renewable energy, with the highest penetration of wind and solar generation in the country. South Australia closed its last coal-fired power plant in 2016 and now generates more than three-quarters of its electricity from wind and solar. However, the shutdown of its baseload coal power plants
From The Market Ear: Here we go DXY breaking above the negative trend line, closing well above the 50 day… and attempting the 100 day. More on the crowded short dollar. The dollar shorty CTAs running big DXY shorts. So far… …this is just a much needed correction. SPX supports: 21 day at 6625, trend
It is essential to understand Australia’s immigration policy within its historical context. During the first 60 years following World War II, Australia’s net overseas migration (NOM) averaged 90,000 per year, with only two years exceeding 150,000. In the 15 years of ‘Big Australia’ immigration preceding the pandemic, NOM averaged 220,000 per year, a 145% increase
Australian renters have suffered disproportionately at the hands of record immigration levels, which saw an astonishing 1,227,000 net migrants arrive in Australia over the 33 months to Q1 2025. As shown below by Justin Fabo from Antipodean Macro, most of these migrants arrived through the temporary migration system and required rental housing. As a result, advertised
Queenscliff, Victoria AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 25 September 2025 appeared first on MacroBusiness.
Belinda Allen, CBA’s Head of Australian Economics, believes that the probability of further rate cuts has slimmed amid stronger domestic economic data and stubborn inflationary pressures. Markets are effectively pricing no chance of a cut in September following the stronger August CPI indicator. November market pricing has also shifted from a 70% probability to around