Australian Economy

ANZ has an interesting chart today.

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

Via the ABS.

Via the ABS comes Construction Work. Seasonally adjusted work done rose 3.3%. Seasonally adjusted work done for the private sector rose 1.4%. Value of work commenced rose 13.6% in original terms. Trend work done rose 1.1%. It’s all gubmint. Mostly transport. That peaks this year (in theory, cost blowouts mean it won’t).

Via the Department of Blah. In seasonally adjusted terms, job advertisements decreased by 2.5% (or 5,400 job advertisements) in December 2024 to stand at 214,600.

Westpac with the note. Westpac Consumer Sentiment declines slightly (–0.7%) in January to 92.1.

ANZ job ads are flattening out.

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

Westpac says maybe.

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

WoW continues to be the most popular MMORPG in the history of the gaming industry and the project that has really popularized this genre over the 20 years of its history.

Wednesday’s monthly inflation data from the Australian Bureau of Statistics (ABS) suggested that underlying (trimmed mean) inflation is falling faster than projected by the Reserve Bank of Australia (RBA).

The AFR reports that global supply of liquified natural gas (LNG) is expected to ramp up in 2025, which is likely to weigh on local producers and the federal government’s revenue.

The Australian Bureau of Statistics (ABS) has released the monthly inflation gauge for November, which recorded headline CPI inflation of 2.3% year-on-year, slightly above expectations of a 2.2% rise.

In 2013, Labor Resources Minister Gary Grey made the unfortunate decision to allow the Gladstone liquified natural gas (LNG) terminals to be developed without the need to reserve gas for domestic users.

The Federal Chamber of Automotive Industries (FCAI) reported new car sales for December, which showed a sharp deceleration of sales over the second half of 2024.

Independent economist Chris Richardson has warned that it could take a decade for Australian living standards to recover from 2021–22 levels, noting that the “free ride on the back of the rise of China” is over.

Australia’s politicians, the media, and environmental groups want us to believe that climate change is the biggest environmental threat.

  The Cook, the Thief, his Wife, and her Lover, Peter Greenaway 1990 It’s early January.

Twitter (X) user AusPolCommenter claims that the Albanese government is a “good government” because it “took 66 promises to the 2022 election.

Australia’s manufacturing sector has been in terminal decline for 40 years, with the sector’s share of GDP declining by nearly two-thirds since the late 1970s.

Australia’s politicians and media want us to believe that climate change is the biggest environmental threat.

Former Treasurer Peter Costello lashed the Albanese government’s financial management, claiming that the failure to control spending had put upward pressure on inflation and interest rates, worsened the cost of living crisis, and eroded the economy’s competitiveness and productivity.