Houses and Holes

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of <i>The Great Crash of 2008</i> with Ross Garnaut and was the editor of the second <i>Garnaut Climate Change Review</i>.

There are reports that Albo’s cowards are preparing major housing tax reforms for the May budget, focusing on changes to negative gearing and capital gains tax (CGT) to improve housing affordability and boost new construction.

2 days ago

Go mad, young man

I have largely been a believer in the AI story and expect it to boost profits for years to come.

2 days ago

Australian dollar closes its eyes and prays

DXY has gone precisely nowhere since the war began.

2 days ago

Oil returns as a problem

Hoocoodanode?

2 days ago

Operation Economic Fury targets Australian dollar

Treasury Secretary Scott Bessent spent time late last week softening up Congress for an expansion of dollar swap lines with Gulf allies.

3 days ago