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LNG imports will burst the Aussie housing bubble. 1 day ago. 15
Australia's record-breaking recession to roll on - MacroBusiness
Oct 7, 2024 · Given that Australia’s population grew by 2.4% in the year to June 2024, these projections imply that the per capita recession will drag well into next year—an unparalleled decline.
LNG imports will burst the Aussie housing bubble
4 days ago · Which has electricity prices up 150% year on year. LNG imports are insane. The equivalent of Saudi Arabia importing expensive shale oil from the US.
Australia’s economy is much weaker than it looks
A new analysis published by Justin Fabo at Antipodean Macro reveals that Australia’s economy is even weaker than thought.. As illustrated below, the ABS on Wednesday revised down Australia’s ...
RBA monkey to cut in Feb as Aussie inflation freefalls
1 day ago · Aussie inflation is beaten. The RBA should and likely will cut rates in February. Timely monthly core measures are in free fall. Headline is even better.
Australian small businesses face recession clean-out
“Small businesses are facing a difficult external environment posed by high inflation and interest rates as well as workforce challenges. Rising costs of goods, wages, and regulatory compliance ...
Australians batten down for longer, deeper recession
Oct 23, 2024 · The IMF’s forecast is slightly more optimistic than similar to the OECD’s most recent economic outlook, which reduced Australia’s GDP growth prediction for 2024 to 1.1%, down from 1.5% in ...
Australia should be swimming in money - MacroBusiness
Aug 16, 2024 · Brooker notes that “between Q3 2003 and Q2 2022… resources exports went from 5.9% of GDP to 14.9% (peaking at 20%)”.. Economist Chris Richardson estimated that since 2000, the terms of trade ...
Australians face slow grind out of recession - MacroBusiness
Westpac has released its Red Book for October, which forecasts a long grind out of recession. Westpac notes the brutal decline in real per capita disposable income, which it estimates at “an eye ...
Australian economy caught in productivity ‘catch-22’
We have seen the consequences of this growth in the debate over housing and infrastructure in NSW.. Last month, Mirvac, the NSW Productivity and Equality Commission and Treasurer Daniel Mookey ...