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.

AI bots to guard Albo’s Ministry of Truth

The Albanese government is trying to censor debate via its Digital Duty of Care Bill, which would make the eSafety Commissioner the central regulator with significantly expanded powers to police what we say online.

Everyone hates the housing market right now

New national polling shows Australians have lost confidence across the entire housing market — buyers, sellers, renters and investors alike — reflecting deep financial stress, falling prices, and expectations of further RBA rate rises.

Australian Treasury’s economic playbook is broken

Australia’s biggest recession risk isn’t interest rates

The interest rate futures market overwhelmingly expects the Reserve Bank of Australia (RBA) to lift the official cash rate by 0.25% on Tuesday.

Auction clearance rates plunge to 10-week low

Ahead of the Reserve Bank’s interest rate meeting on Tuesday, widely expected to lift the official cash rate by 0.25%, Australia’s auction market weakened this weekend, posting the lowest preliminary clearance rate in 10 weeks.

Weekend reading and MB Media Appearances

Albo spruiks Aussie censorship plan at UN General Assembly

Prime Minister Anthony Albanese has taken his attack on democracy global.

Australians are caught in an interest rate pincer

Much of the discussion around interest rates revolves around Australian households, who are facing another two to three interest rate hikes from the Reserve Bank of Australia (RBA), which would take the official cash rate to 4.85% or 5.10% – the highest level since 2008.

Canada reverses its population decline

Data centre boom = energy bust

The biggest economic story in Australia is data centres.

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