Unconventional Economist

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also Chief Economist and co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

Australia sacrifices self on climate altar

On Thursday, Prime Minister Anthony Albanese unveiled Labor’s long-awaited 2035 climate targets, which promise to reduce emissions by more than 62% and up to 70%.

Upside Panic – Market rips, shorts slayed, after Fed rate cut

From the Market Ear: Here we go Russell takes out massive resistance area.

Our Systems Work Exactly as Designed—Just Not For Us

Below is another excellent guest post from MB reader Erin Rolandsen, CEO of Angelassist: Cybernetics pioneer Stafford Beer once said: “The purpose of a system is what it does.” If that is true, what, then, do we make of Australia’s systems?

Is Australian immigration really falling?

The Australian Bureau of Statistics (ABS) released the official population and immigration data for the March quarter of 2025.

Aussie rate cut hopes fade

Belinda Allen, CBA’s Head of Australian Economics, believes that the Reserve Bank of Australia (RBA) will only cut the official cash rate (OCR) once more in November, given the recent stronger run of economic data.

Jobs data slams door on RBA rate cut

Low-skilled visas flood Australia’s labour market

Australia’s migration system is flooding the nation with low-skilled workers.

New Zealand’s endless recession

The Reserve Bank GDP nowcast, released last Friday, forecast that New Zealand’s GDP contracted by 0.4% in Q2 2025.

Abu Dhabi pulls out of Santos takeover bid

Is Australia’s labour market cracking?

Earlier this week, Roy Morgan Research released its shadow labour force report, which posted a large 0.8% jump in unemployment in August to 11.1%.

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