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WEB4. Rental crisis to last “years” amid “severe shortage” of homes. 2 days ago. 6. 32 billion excuses to avoid one policy fix for housing. 3 days ago. 11. Situation critical for Australian ...
Victorian government wants 2 million new homes. What about …
WEB22 minutes ago · Victoria has never built more than 70,000 new dwellings in a calendar year since Labor was elected in 2014. This means that the 80,000 annual target requires a significant ramp-up in construction ...
The calm before another house price storm - MacroBusiness
WEB6 hours ago · Australia’s auction market has eased over recent months, moderating house price growth. The quarterly average auction clearance rate fell to 63% nationally, the lowest level reported this ...
Macro Morning - MacroBusiness
WEB5 hours ago · Gold is having a lovely time of it as it continues to beat out the rest of the undollars as it holds on well above the $2600USD per ounce level after a convincing move on Friday night, slowing ...
Working Aussies run out of savings - MacroBusiness
WEB2 hours ago · The full text of this article is available to MacroBusiness subscribers. $1 for your first month, then: $24.99 / month. $249 / year. Cancel at any time through our billing provider, Stripe.
“Horrendous” infrastructure leaves Melbourne 20 years behind
WEB1 day ago · Last week, Victoria’s bureaucrat responsible for implementing the government’s housing agenda, Jeroen Weimar, warned that Melbourne’s population is projected to balloon to more than 8 ...
Big interest rate cuts are coming - MacroBusiness
WEBMcKibbin says financial market participants this week were “very short-sighted” about “dodging a bullet” on an imminent rate rise. “Inflation is 3.9 and the target is 2 to 3. It’s ...
Victoria is an economic basket case - MacroBusiness
WEBVictoria has become an economic basket case. According to the Australian Bureau of Statistics (ABS), Victoria lost 7,606 businesses during the 2022–23 financial year.. The rising cost of doing ...
Australia has chosen population growth over productivity
WEBAug 17, 2023 · “Roughly speaking the slowdown in productivity growth from 2.2% pa in the 1990s to 0.8% pa over the last 10 years means that after a 10-year period annual GDP will be 13% (or $350bn) less than ...
Australia’s economy tumbles deeper into recession
WEBThe latest economic data suggests that Australia’s economy has fallen deeper into recession, at least in a per capita sense. Last week, SEEK released its April employment report, which showed ...
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