Unconventional Economist

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also Chief Economist and co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

Immigration climbs down from Mount Everest

December’s Mid-Year Economic and Fiscal Update (MYEFO) upgraded Australia’s net overseas migration projection for 2024-25 from 260,000 to 340,000 (see below table).

Anthony Albanese drowns in wage lies

Last month’s Guardian’s Essential Poll said the Albanese government was doing a poor job “increasing wages and workers’ rights”.

Deceitful Dutton pretends to cut immigration

Aussies face no-win 2025 election

By Stephen Saunders Regardless of the 2025 election, voters will get a duopoly dinner: environmental and energy sellout, regressive education, unfair taxation, mega migration, and the housing hunger games.

Australian housing is unaffordable by every measure

Domain has published a stunning set of charts showing how Australian housing affordability is the worst on record by nearly every measure.

Property investor exodus helps first home buyers

Recent research from the Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA) claimed that deleterious government policies have driven investors out of the property market, fuelling the rental crisis.

Aussie households ended 2024 in recession

The past few years have seen Australian households sink into a protracted recession.

$7 coffees trigger cafe collapse

The past 20 years have seen a proliferation of cafes around Australia.

Australian home buyers fall $300,000 short

CoreLogic’s head of research, Eliza Owen, published a report on Australia’s housing market, arguing that record low affordability is behind the nascent correction in values.

Affordability ceiling caps rental inflation

After capital city asking rents soared by more than 40% since the pandemic, rental inflation appears to have hit an affordability ceiling.

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