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.

Federal government drowns states in debt

Green light for house price boom

It is clear that Australia is on the verge of another house price boom.

Falling interest rates won’t save New Zealand house prices

The Reserve Bank of New Zealand has slashed the official cash rate (OCR) by 2.5%, with another 0.5% of cuts expected by the end of 2026.

India to build 1 million homes in Australia for Indians?

*See updates at bottom of the article.

The Australia Institute gaslights on housing crisis

The Australia Institute (TAI) used to talk sense on immigration.

Australians remain trapped in the ‘recession zone’

Australians have been trapped in a long, drawn-out per capita recession.

Australia’s rental market “extremely tight”

According to Cotality (formerly CoreLogic), Australian rental affordability was at a record low at the end of 2024, with the median household required to spend 33% of their income to rent the median home.

The economic week ahead

By Lucinda Jerogin, Associate Economist at CBA Australian headline inflation surprised to the upside, sharply rising by 2.8%/yr in July.

Auctions fever sparks house price surge

Australia’s auction market has gathered strength over recent months. Last week’s national final auction clearance rate of 70.0% was the strongest result since the week ending 11th February 2024 (70.3%).

Why the March for Australia will backfire

Virtually every opinion poll held over the past decade shows that Australians do not support high immigration nor the rapid growth in population, which is straining our major cities. In the 60 years following World War II, Australia’s net overseas migration (NOM) averaged 90,000 per annum.

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