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Australian Economy
Public demand surges into GDP
From Westpac: Q4 public demand, +1.4% Public demand surprised to the high side on a jump in investment, +7.8%. Overall public demand increased by 1.4% in the quarter, well in excess of our expectations (f/c 0.4%), and will add 0.3ppts to growth in the quarter.
David Llewellyn-Smith
7 years ago
10
Australia’s terms-of-trade posts big jump
Leith van Onselen
7 years ago
9
Detached home sales continue to fall
From the HIA: HIA’s New Home Sales Report – a monthly survey of the largest volume home builders in Australia – reveals a decline in the volume of sales at the start of the New Year.
David Llewellyn-Smith
7 years ago
Balance of Payments delivers for GDP
David Llewellyn-Smith
7 years ago
1
There goes your dream of flipping burgers
Spare a though for the poor kids in retail.
David Llewellyn-Smith
7 years ago
59
AWU outlines major gas and power crisis
A new letter to Do-nothing Malcolm today from the AWU: Dear Prime Minister, We are facing an energy crisis and we need you to act rationally and decisively in the national interest now.
David Llewellyn-Smith
7 years ago
19
Are CBDs the heart of the economy?
Leith van Onselen
7 years ago
9
Is Australia’s income drought about to break?
From The Australian: Booming commodity prices have sent company profits soaring and promise to ease the government’s budget woes, although the profit bonanza is yet to flow through to wages.
David Llewellyn-Smith
7 years ago
7
VIC Liberals: Divert population ponzi to regions
Leith van Onselen
7 years ago
21
Gittins slams penalty rate cuts
Leith van Onselen
7 years ago
29
Turnbull tech wreck spreads from NBN to renewables
From Crikey: Just like his broadband policy, Prime Minister Malcolm Turnbull has said he wants energy policy to be technology neutral.
David Llewellyn-Smith
7 years ago
27
How the Coalition stuffed Australian copyright
By Leith van Onselen Australia’s Productivity Commission (PC) has long been opposed to strengthening Australia’s intellectual property (IP) rules.
Leith van Onselen
7 years ago
8
Mineral exploration rises, petroleum exploration falls
Leith van Onselen
7 years ago
You can put to bed the recession
David Llewellyn-Smith
7 years ago
52
Profit season shows an economy going nowhere
Via Credit Suisse: The Australian interim reporting period has been the strongest since 2010.
David Llewellyn-Smith
7 years ago
Labor pushes to block penalty rates cut
From The Australian: Labor will step up its push to protect penalty rates arguing the Fair Work Commission’s ruling to align Sunday rates with Saturday in some industries is untenable.
David Llewellyn-Smith
7 years ago
9
Don’t blink as Australia to print current account surplus
From UBS: Resurgent commodities lifted trade from a record deficit to a record surplus Australia’s basket of $A commodity prices has surged ~50% from a decade-low in Dec- 15 – led by the two largest exports, iron ore and coal.
David Llewellyn-Smith
7 years ago
1
No, Alan, business won’t invest
The AFR ran a happy piece on the weekend that filled up some blank space but really deserves a bit of a caning: It’s up to business now to carry the flag.
David Llewellyn-Smith
7 years ago
6
Infrastructure Australia: Invest now or population ponzi will choke us
Leith van Onselen
7 years ago
28
As gas and power prices rocket, Straya to ban home batteries
Last week, the local gas price, which determines prices in the National Electricity Market (NEM), rebounded to $11.01/Gj, roughly 400% higher than the long term average.
David Llewellyn-Smith
7 years ago
43
Australia can’t build its way out of population ponzi
By Leith van Onselen The full speech that Ken Henry gave to CEDA yesterday has been released, and Dr Henry pulled no punches in admonishing the Government’s negligence in managing Australia’s mass immigration program.
Leith van Onselen
7 years ago
31
Who wins from penalty rate cuts?
From Morgan Stanley: Today the Fair Work Commission announced cuts to Sunday and Public Holiday wage rates.
David Llewellyn-Smith
7 years ago
14
Chris Pyne lies in defence of mass immigration
By Leith van Onselen Let’s recall Tony Abbott’s comments last night on why Australia should reduce immigration: Mr Abbott said it was time to end the “big is best” thinking of federal Treasury and scale back immigration “at least until housing starts and infrastructure have caught up”, in order to ease house prices.
Leith van Onselen
7 years ago
75
More on crapex
Via UBS: Q4 capex dropped 2.1% q/q in Q4-16 (after -3.3%), still slumping 15.5% y/y Private real capex fell more than consensus again, down 2.1% q/q in Q4-16 (UBS: -2.5%, mkt: -0.5%), after -3.3% in Q3-16 (was -4.0%). This continued the ‘capex cliff’ with the y/y relapsing to a poor -15.5% (after -13.1%).
David Llewellyn-Smith
7 years ago
An economics lesson for the population ponzitiers
When foreign supermarket chains ALDI and Costco entered Australia, did Coles and Woolworths welcome them with open arms?
Cameron Murray
7 years ago
102
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