Proof Australia’s energy transition will drive up power prices. 2 days ago. 10

3 days ago · Australia’s manufacturing sector has shrunk to just over 5% of GDP, the lowest share in the OECD. Late last month, federal Minister for Industry and Science Ed Husic spruiked Labor’s Future ...

A new analysis published by Justin Fabo at Antipodean Macro reveals that Australia’s economy is even weaker than thought.. As illustrated below, the ABS on Wednesday revised down Australia’s ...

Dec 19, 2024 · “Since the October 2022 policy changes have increased spending by $123.6 billion over the six years to 2027-28, with increased discretionary spending amounting to an additional $40.6 billion in ...

Oct 23, 2024 · The IMF’s forecast is slightly more optimistic than similar to the OECD’s most recent economic outlook, which reduced Australia’s GDP growth prediction for 2024 to 1.1%, down from 1.5% in ...

Oct 9, 2024 · The final paragraph in the August Board Minutes stated that, “based on the information available at the time of the meeting, it was unlikely that the cash rate target would be reduced in the ...

On Thursday, I presented data showing that real Australian wages have fallen by 10.3% since the Q2 2020 peak and were tracking at late 2021 levels as of Q3 2024 (latest available data).

We have seen the consequences of this growth in the debate over housing and infrastructure in NSW.. Last month, Mirvac, the NSW Productivity and Equality Commission and Treasurer Daniel Mookey ...

Nov 14, 2024 · The general consensus of economists is that the Reserve Bank of Australia (RBA) will begin to reduce the official cash rate in the first quarter of 2025. However, financial markets have now fully ...

Aug 16, 2024 · Brooker notes that “between Q3 2003 and Q2 2022… resources exports went from 5.9% of GDP to 14.9% (peaking at 20%)”.. Economist Chris Richardson estimated that since 2000, the terms of trade ...