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Australian Economy
Dick Smith calls out ABC population ponzi bias
Go Dick: Dick Smith is launching an advertising campaign against ABC TV news and current affairs, which he says has warped the debate he has tried to spur over Australian population growth.
David Llewellyn-Smith
8 years ago
116
Apparently, the immigration boom never happened!
Leith van Onselen
8 years ago
29
GDP prospects bulge on intravenous Botox
Via Westpac: Public demand is expanding at an above trend pace as governments commit to new investment projects.
David Llewellyn-Smith
8 years ago
5
Caixin China services PMI bounces
Caixin service PMI: The Caixin China Composite PMI™ data (which covers both manufacturing and services) indicated that Chinese business activity growth picked up for the second month in a row during August.
David Llewellyn-Smith
8 years ago
SEEK: One third of economy driving two thirds of jobs
Via Citi: SEK: 2/3 of growth from 1/3 of economy — Seek Australia job ads were +13% in Aug with most of the growth coming from just 7 of Seek’s 30 job categories.
David Llewellyn-Smith
8 years ago
1
Balance of Payments to lift GDP, CAD shrinks
From the ABS: JUNE KEY POINTS BALANCE OF PAYMENTS The current account deficit, seasonally adjusted, rose $4,808m to $9,562m in the June quarter 2017.
David Llewellyn-Smith
8 years ago
3
Australia’s terms-of-trade retraces in June quarter
Leith van Onselen
8 years ago
3
Rich oldies love the “fair go”, youth not so much
Essential today: No change.
David Llewellyn-Smith
8 years ago
35
West Gate Tunnel: Another costly infrastructure waste
By Leith van Onselen I have noted previously that one of the key reasons why Australia’s high population growth (immigration) is lowering the living standards of existing residents is because of the strain that it places on infrastructure, which inevitably leads to more congestion on roads, public transport, as well as more expensive housing.
Leith van Onselen
8 years ago
25
Services PMI falls
From AIG: • The Australian Industry Group Australian Performance of Services Index (Australian PSI®) fell 3.4 points to 53.0 in August (seasonally adjusted).
David Llewellyn-Smith
8 years ago
FIX GAS YOU IDIOTS
Via The Australian: The government has been warned of a looming gap in the national electricity supply as coal-fired power stations shut down, highlighting the need for urgent decisions to build new generators that operate around the clock.
David Llewellyn-Smith
8 years ago
65
The decade long slump in wages & salaries continues
By Leith van Onselen The June quarter Business Indicators report, released yesterday, includes aggregate wages & salaries data, which according to the ABS measures “gross earnings before taxation and other deductions” and “includes provisions for employee entitlements”.
Leith van Onselen
8 years ago
11
Mineral and petroleum exploration bounces in June quarter
Leith van Onselen
8 years ago
ANZ job ads continue to firm
David Llewellyn-Smith
8 years ago
1
Inventories suck away GDP
David Llewellyn-Smith
8 years ago
Why economic reform is dead
Michael Mrdak, the head of the Department of Infrastructure & Regional Development, delivered a speech at a forum organised by Infrastructure Partnerships Australia (IPA) whereby he lamented that public appetite for economic reform is at the lowest point he has seen for at least three decades.
Leith van Onselen
8 years ago
11
Labour economist lashes Budget’s wages boom unicorn
Leith van Onselen
8 years ago
9
And now for an economic Botox Boom
We’ve lived the housing and mining booms.
David Llewellyn-Smith
8 years ago
27
Australian GDP preview
Via Westpac: The Australian National Accounts, to be released on Wednesday September 6, will provide an estimate of economic activity for the June quarter.
David Llewellyn-Smith
8 years ago
Manufacturing PMI goes boom!
Good news: ▪ The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI® ) jumped 3.8 points higher in August to 59.8 points (seasonally adjusted).
David Llewellyn-Smith
8 years ago
4
Gerry Harvey: 100 million Australians ahead
As noted yesterday, back in 2009 Gerry Harvey had an idea.
David Llewellyn-Smith
8 years ago
50
Adam Creighton enters energy meltdown
From Adam Creighton today: Taxpayers will have paid more than $60 billion through federal renewable energy subsidies by 2030, about twice what the crumbling car industry received over 15 years and enough to build about 10 large nuclear reactors.
David Llewellyn-Smith
8 years ago
28
Yes, WA should secede
Via Domainfax: Angry sections of the Western Australian Liberal party are pushing to launch a fresh attempt for the state to secede, in what members are calling “WAxit” – a nod towards Britain’s vote to leave the European Union.
David Llewellyn-Smith
8 years ago
42
Gerry Harvey moonshots on population ponzi
Back in 2009 Gerry Harvey had an idea.
David Llewellyn-Smith
8 years ago
38
GDP firms on capex
Via Westpac: Implications for Q2 GDP growth forecast We have rounded up our forecast for Q2 GDP growth to 0.7%qtr, 1.6%yr, edged up from 0.6% qtr.
David Llewellyn-Smith
8 years ago
2
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