The Albanese government delivered a second consecutive budget surplus, as illustrated below by Justin Fabo at Antipodean Macro: The underlying cash budget balance recorded a surplus of $15.8 billion ...

The Australian Bureau of Statistics (ABS) has released retail sales data for August, which jumped by a strong 0.7% over the month to be 3.1% higher year-on-year: The result smashed economists’ ...

These were from yesterday. In its regular meeting today (29 September) chaired by Premier Li Qiang, the State Council focused on the implementation of “launching a basket of incremental easing ...

Westpac with the note. The Westpac Card Tracker Index* has been relatively steady through September, holding at 135.4 in the latest week ended September 21. The data continues to point to a lacklustre ...

Since MB drove BREE, the old and inept Australian government commodity forecaster, out of business, the Office of the Chief Economist took over the job and has done much better. BREE was always far ...

The Productivity Commission with the report. A year has passed since the ‘COVID-19 productivity bubble’ and Australian productivity growth appears to have reverted to the same stagnant pattern as ...

AUD is putting in a series of candles: North Asia is fading: Oil held on as the Levant burns: Metals flamed out: Miners ...

SHFE and SGX were outright hysterical yesterday but the latter flamed out overnight: There’s no improvement in steel mill margins here: However, there was improvement in the Steel PMI: Don’t ask me if ...

CoreLogic’s September housing market report shows that the national rental index increased by only 0.1% over the September quarter, the smallest change over a rolling three-month period in four years.

Stephen Wu, senior economist at CBA, has published research showing how Australians are overwhelmingly using the extra disposable income from the Stage 3 tax cuts to pay down debts. Wu notes that the ...

The National Bank of Canada has released stunning data showing the extent to which government spending is holding up Canada’s ...

Assistant Minister for Immigration, Matt Thistlethwaite, said the quiet part out loud in a recent speech to the Sydney Institute. Thistlethwaite admitted that over recent decades, Australia’s ...