Chartfest 23-24 February 2019

  AUSTRALIA   5 Eyes Part Time Employment   Australia CPI Housing Wealth and Consumption Residential Rents NSW & Vic, wages & unemployment   Australian coal export destinations   Australian Commodity Exports   Australian House Prices   Australian Housing Finance   Australian Renewable Energy   Australian Services & Manufacturing   Australian Short Term Arrivals  


Weekend Links, 16-17 February 2019

Willunga Landscape, Horace Trenerry, 1947, Art Gallery of NSW   Macro & Markets Hedge Funds Play Tug-of-War With the Volatile Australian Dollar – Bloomberg One Weird Trick for Avoiding Bad Chinese Bonds – Bloomberg Brazilian mine tragedy will not be the last tailings dam disaster – Reuters, Home China’s coal imports surge, but prices tell


Weekend Links 2-3 February, 2019

Jitterbugs, 1945, Weaver Hawkins, Art Gallery of NSW   Markets Macro & Investing The Sorry State of the World Economy – Project-Syndicate, Basu Trump hails China trade talks progress and says he will meet Xi Jinping soon – Guardian China says Washington trade talks were ‘frank’ and made ‘important progress’ – SCMP Donald Trump hails


Population ponzi destroys pandemic defence

It’s the economic model that keeps on giving, via Domain: Concentration of our populations in major cities and increased international air travel are creating conditions ripe for pandemics to spread faster and infect more people, according to new research from the University of Sydney. …“You have airports getting a lot more traffic – in Adelaide,


Weekend Links 19-20 January, 2019

Short man with two dogs, Linda Marrinon, 1990, Art Gallery of NSW   Americas Trump Pulls U.S. Delegation Out of Davos Forum, Citing Shutdown – Bloomberg Shutdown clouds outlook for consumer-driven U.S. economic growth – Reuters Chinese ambassador Lu Shaye warns ‘back-stabbing’ Canada to stop rallying allies in row over detainees – SCMP Trump Vows


MacroBusiness Chartfest, 1 January 2019

      Australia & New Zealand   New Zealand Terms of Trade and Chinese exports       New Zealand Production GDP Per Capita & Nominal GDP       New Zealand – Migration       Australia – Net Government Debt       Australia – Budget Balance       Australia –


New Years Links, 1 January 2019

Sunset in a Subduction Zone, James Gleeson, 1986, Art Gallery of NSW   Macro & Markets Trump Hails ‘Big Progress’ Towards China Trade Deal – Bloomberg El-Erian, Like Trump, Says Fed Would Benefit From ‘Better Feel’ – Bloomberg Chinese and US tech giants face growing political risks – Nikkei Asian Review Life Is Getting Harder


Links 28 December 2018

The Wasteland II, Jeffrey Smart, 1945, Art Gallery of NSW   Macro & Markets Not just China: why the global economy needs Beijing’s stimulus measures to boost growth – SCMP China says has made plans with U.S. for face-to-face trade meeting in January – Reuters This is not a time for investors to think long


Boxing Day Links December 26, 2018

Heat Haze, Dorrit Black, 1919, Art Gallery of NSW   Macro & Markets Oil plunges 6 percent as economic slowdown fears grip market – Reuters Dollar Exposed to Dysfunction and Paralysis in Washington – Bloomberg ‘The worst is yet to come’: Experts say a global bear market is just getting started – CNBC   Americas


Population ponzi causes shocking decline in Melbourne affordable rentals

By Leith van Onselen The Victorian Department of Health and Human Services (DHHS) has released alarming new data showing a massive decline in affordable rental options across Melbourne. While the annual growth in median rents across Metropolitan Melbourne moderated to 3.2% in the year to September: It remains well above inflation (2.2%) as well as


Bull trap banks pick up yield bid

AUD is still struggling through the morning: Bonds are paring gains but yields are now trending down nicely. More to come: ASX is hanging on at the cliff’s edge: Dalian has opened with a minor bid: Big Iron likewise: Big Gas is hopeful of an OPEC rescue. I am not: Big Gold has a Fed


Car sales keep on crashing

Via FCAI: National motor vehicle sales eclipsed the one million year-to-date sales mark during November 2018, in a month which overall sales were down according to the latestdata released today by the motor industry’s statistical service, VFACTS. National vehicle sales for November reached 93,860, down 7.4 per cent from November 2017. The overall market decline


Would you like poo with your burger?

Some light relief today from Maccas as we await the RBA: A study recently conducted by researchers at London Metropolitan University found that touchscreens used by customers at multiple McDonald’s locations were covered in fecal bacteria. Dr. Paul Matawele, one of the lead researchers in the study, explained that the spread of this bacteria could lead


Another shock to Aussie growth as drought bites

Via QCL: HORROR receival figures into the GrainCorp storage network highlight the depth of the drought in Australia’s north-eastern cropping zone. Total new-crop grain receivals into the GrainCorp bulk handling network as of November 5 totaled just 93,300 tonnes, with Victorian deliveries, traditionally not a major factor until December, making up over a quarter of the tally. And


Weekend Links, 3-4 November, 2018

Sheep Country, Burra, 1950, Douglas Dundas, Art Gallery of NSW   Markets and Macro Gold buying by central banks hits its highest level in almost three years – CNBC Trump says he and China’s Xi had good exchange on trade – Nikkei Asian Review Start-Ups Ask, ‘Are We Making Money for Saudi Arabia?’ – NY


Energy carteliers take a huge shit upon you

There is no way to sugar coat this so you’re getting it straight today. These guys are incorrigible, at the AFR: The chief executives of Origin Energy, AGL Energy and their smaller electricity retailing competitors look set to have a united and firm message for Energy Minister Angus Taylor at the “roundtable” he has convened


MacroBusiness Chartfest 13-14 October, 2018

        Australia Australia Consumer Confidence         Australia – Housing Approvals not yet commenced         Australia Housing – Average Loan Size       ; Australia – Housing Prices by City         Australia – New Dwelling Completions         Australia – Dwelling


Aussie dieticians backflip on nutritional guidelines

By Leith van Onselen Back in 2016 I penned an article, “Aussie dieticians are wrong about fat”, which criticised Australian dieticians’ staunch defence of existing failed dietary guidelines that promote a high carbohydrate / low fat diet: Since the Australian food pyramid was first introduced in 1982, it has told Australians to consume large quantities


MB Fund Live Webinar – Australian Dollar Reflation? (Today)

Join us today as MB Fund Head of Investments, Damien Klassen, Chief Strategist David Llewellyn Smith and Tim Fuller discuss the future of the Pacific Peso. – What is sitting behind the recent fall in the AUD? – Can the current drivers be relied upon for future direction? – How is the Emerging Markets Crisis and Trumps Trade


MB Fund seminar – Sydney today!

After a full year in the office, we are happy to announce round two of the MB Fund seminar series. This year’s agenda is, of course, The Great Australian Housing Crash! Come one and come all to see (and meet) Leith van Onselen, David Llewellyn-Smith and Damien Klassen as they discuss just how fast and


MacroBusiness Chartfest September 1-2, 2018

  Australia       Australia – Economic Policy Uncertainty   Sydney & Melbourne – Auction Clearances   Australian GDP   Coal Production & Consumption    Electricity Generation   Major LNG Plants   Implications of Tightening Lending Standards   Disposable Income by Decile   Loan Rejections   Public Satisfaction with the National Direction   Tobacco