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Why Sydney and Melbourne house prices are falling. 4 days ago. 26
Australia's productivity recession deepens - MacroBusiness
1 day ago · The June quarter national accounts showed that Australia’s labour productivity (GDP per hour worked) fell to 2016 levels, driven by the non-market sector. Australia has also experienced the most ...
Markets begin to price Aussie rate hikes - MacroBusiness
2 days ago · In fact, the one-year bond has started to price interest rate hikes with yields above the cash rate. Meanwhile, Christian Baylis from Fortlake Asset Management warns that the potential ...
Australian wages won’t recover until the mid 2030s
2 days ago · The RBA SoMP projected that Australian real wages will only recover 1.2% by December 2026. This would leave wages 6.1% below their June 2020 peak, adjusted for headline CPI inflation. However, it ...
The Australian Dream is dead - MacroBusiness
3 days ago · In 1981, over 55% of Australians aged 25 to 29 owned a home. Four decades later, there has been a dramatic reduction to slightly more than 35%. The gap narrows as you progress up the age groups ...
Good news for RBA and inflation - MacroBusiness
3 days ago · The Reserve Bank of Australia (RBA) ‘s interest rate decision last week was undeniably “hawkish”. The RBA explicitly stated that “underlying inflation is too high” at 3.5% and admitted ...
RBA forecasts record per capita recession - MacroBusiness
Nov 5, 2024 · CBA predicts that Australia’s population growth would decline from its current rate of around 2.3% to just under 2% by the end of 2024 and to around 1.5% in mid-2025. This means that Australia ...
Investors gear up into property market - MacroBusiness
Subscribe. On Friday, the Australian Bureau of Statistics (ABS) released housing finance data that shattered the notion that investors are quitting Australia’s housing market. In June 2024 ...
Why Australians are hurt most by higher interest rates
Taxpaid as a share of household income has risen sharply in Australia. The already legislated tax cuts kick in from 1 July 2024. But we don’t believe they are sufficient in size to fend off rate ...
Why Australian interest rates could still rise - MacroBusiness
Aug 23, 2023 · We had expected home prices to rise by 3% in 2023 and 5% in 2024. Our forecast for 2023 has already been met and we now expect a gain of 7% across the 8 capital cities in 2023 and a further 5% in ...