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

Yet another major bank is on board.

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.

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

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%).

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.

Asian share markets are finishing the trading week in a mixed mood with US and European stock futures not moving much as they anticipate a long weekend for the former and the end of week/month double witching session.

The latest official labour force survey showed that New Zealand’s unemployment rate lifted to 5.2% in Q2 2025, the highest rate since Q4 2016.

The Market Ear with more.

Albo’s anti-American rabble is pretending to care about ANZUS.

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen looked at the difference between GDP and company profits, discussing when you can get divergences and how investors should think about returns.

Below is another brilliant guest post from MB reader Erin Rolandsen, CEO of Angelassist.

The chair of the government’s National Housing Supply and Affordability Council (NHSAC), Susan Lloyd-Hurwitz, who is a former chief executive of property developer Mirvac, has warned that Australia faces a generational housing crisis.

Why would you invest in Australia?

Earlier this week, Alan Kohler penned an article at the ABC arguing that immigration was the key issue missing from the federal government’s productivity roundtable held last week in Canberra.

Cecile Wake is Shell Australia country chair and executive vice president Integrated Gas Australia.

Despite an upwardly revised 2Q GDP print and solid initial jobless claims in the US overnight, the USD continued its selloff with weaker international demand for US Treasuries also not helping.

According to Cotality (formerly CoreLogic), the average home in Australia is now valued at around $1,020,000.

For almost two decades, household formation rates for 25 to 34-year-olds have been tanking.

Asian share markets are in a mixed mood that is being reflected by Wall Street futures off slightly despite the better than expected NVIDIA results after the close with European shares also looking to open flat.

Paul Keating is ejaculating as Chinese propaganda runs riot.

Deutsche this time. Nature of the USD move shifting to a more AUD-supportive one:As we’ve noted, a key reason for AUD’s lack of ‘high-beta’ status earlier in the year (when wer emained neutral), and our later shift to be being more bullish has been the changing volatility or risk context.

Australia’s economy has become overly reliant on public sector spending (not to mention high immigration) to grow the economy. Consider the following facts. Since the COVID-19 pandemic began, around 60% of Australia’s job growth has come from the non-market (effectively government-funded) sector of public administration and safety, education, healthcare, and social assistance.