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Rent shock grinds to a halt as Aussies run out of money. 3 days ago. 6
Australians face slow grind out of recession - MacroBusiness
Westpac has released its Red Book for October, which forecasts a long grind out of recession. Westpac notes the brutal decline in real per capita disposable income, which it estimates at …
Australia’s economy is much weaker than it looks
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 …
Australian economy to remain productivity challenged
Westpac economist Pat Bustamante has released a detailed report on the 2023-24 annual national accounts, which showed that the economy grew by 1.4% over the year.
Australia transforms into public sector economy
The Q2 national accounts and the latest labour force data showed that the public sector is powering the Australian economy, masking the deep private sector recession.
Australia transforms into ‘tax and spend’ economy
Treasury’s Intergenerational Report also projected that personal income tax revenue will increase to 58.4% of total taxes in 2062-63 without changes to the tax mix.
Australian small businesses face recession clean-out
“Small businesses are facing a difficult external environment posed by high inflation and interest rates as well as workforce challenges. Rising costs of goods, wages, and regulatory …
Macro Afternoon - MacroBusiness
Oct 8, 2024 · Australian stocks fell back across the board as hesitation mounts with the ASX200 falling more than 0.3% to close at 8176 points while the Australian dollar remains under …
Australia's economic outlook worsens - MacroBusiness
Jun 11, 2024 · The NAB business survey has been released, which paints a bleak picture of economic activity. Business confidence slips back into negative territory and conditions are …
Australia should be swimming in money - MacroBusiness
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 …