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Website title: MacroBusiness - Australian Property Shares Dollar Economy

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Cotality’s dwelling values results for May confirmed that Sydney and Melbourne are experiencing price corrections, with values declining by more than 2% over the quarter: The latest auction results were abysmal for both markets, with Sydney’s average monthly clearance rate plunging to 49% in May to its lowest level since April 2020: Melbourne’s auction clearance

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The March quarter national accounts, released on Wednesday, showed that investment in data centres is booming and driving economic activity. Data centre investment rocketed by $6 billion in the March quarter of 2026, offsetting a small decline in other business investment. Treasurer “Spin” Jim Chalmers was quick to claim credit, even though the federal government

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The problem with a vibrant immigration-led economy is that the bourgeoisie constantly mistakes their tasty Pad Thai for a fair and equitable labour market. This is a complete misrepresentation of the truth. Australia has a rich and glorious history of slavery. From the early days of convicts and ‘coolies’, to the near ceaseless exploitation of

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The latest Australian interest rate futures pricing suggests that the Reserve Bank of Australia (RBA) will increase the official cash rate once more this year, taking it to a terminal peak of 3.60%. However, Australia’s largest bank and mortgage lender, CBA, differs from this view, now forecasting that the RBA will remain on hold at

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You’re right, Michelle, for once. But Ms Bullock said she was not concerned about “stagflation” occurring in Australia at this point. Stagflation is a situation where economic activity is stagnating and you’re dealing with high inflation (stagnation + inflation). It is a damaging phenomenon that can be accompanied by rising unemployment and recession and a

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