MacroBusiness | Australia's leading source of macroeconomic and financial market analysis

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News

MacroBusiness
macrobusiness.com.au > 2026 > 09 > a-fresh-start-for-immigration-policy

A fresh start for immigration policy

15+ hour, 9+ min ago   (936+ words) Australia needs a fresh start for its immigration programs. Back when Australia recruited immigrants mainly from developed countries, the emphasis was on attracting the best people to come live in Australia. A few lemons might slip through, but that was…...

MacroBusiness
macrobusiness.com.au > 2026 > 09 > how-australia-replaced-productivity-growth-with-immigration

How Australia replaced productivity growth with immigration

15+ hour, 9+ min ago   (150+ words) Defenders of mass migration often argue that Australia’s ‘skilled’ immigration system boosts the nation’s productivity because migrants are more skilled than locals and earn higher incomes. However, when you examine the macroeconomic data, you quickly discover that Australia’s labour productivity…...

MacroBusiness
macrobusiness.com.au > 2026 > 09 > how-far-could-house-prices-fall

How far could house prices fall?

1+ day, 11+ hour ago   (347+ words) According to Cotality’s daily dwelling values index, home values across the five major capital city markets have declined by 5.2% from their 10 April 2026 peak. The biggest decline in 40 years of records, according to Cotality, was 8.6%, recorded between October 2017 and May 2019. At…...

MacroBusiness
macrobusiness.com.au > 2026 > 09 > aussie-migrants-turn-to-sham-contracting

Aussie migrants turn to sham contracting

5+ day, 17+ hour ago   (106+ words) In May, the Migrant Justice Institute released a report revealing that Australia has a systemic, economy‑wide architecture of migrant worker exploitation, with nearly two-thirds of migrant employees being underpaid. Based on 9,963 migrant workers surveyed in 2024 across six languages: 65% paid…...

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macrobusiness.com.au > 2026 > 09 > woe-is-housing-as-gdp-howls-rate-hikes

Woe is housing as GDP howls rate hikes - MacroBusiness

1+ week, 4+ day ago   (239+ words) 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…...

MacroBusiness
macrobusiness.com.au > 2026 > 09 > australias-debt-war-rages

Australia's debt war rages

1+ week, 5+ day ago   (120+ words) When total Australian federal government debt recently ticked over the $1 trillion mark, it triggered a war of words over who should take the lion’s share of responsibility for reaching this undesirable milestone. In the view of opposition leader Angus Taylor,…...

MacroBusiness
macrobusiness.com.au > 2026 > 09 > labors-housing-gaslighting-hits-new-low

Labor's housing gaslighting hits new low

2+ week, 10+ hour ago   (133+ words) Just when you thought the Albanese government’s gaslighting over the housing crisis couldn’t get any lower, Anika Wells, the Minister for Communications and Minister for Sport, published the following videos on social media equating the housing crisis to the supply…...

MacroBusiness
macrobusiness.com.au > 2026 > 09 > bureaucrat-bloat-is-crushing-australias-productivity

Bureaucrat bloat is crushing Australia's productivity

2+ week, 15+ hour ago   (78+ words) Bureaucrat bloat is crushing Australia’s productivity MacroBusiness Bureaucrat bloat is crushing Australia’s productivity Luke Kinsella at The AFR has written a fantastic report on the rising number of federal public servants under the Albanese government. Australia’s federal public service has…...

MacroBusiness
macrobusiness.com.au > 2026 > 08 > australian-home-values-decline-sharply-in-august

Australian home values decline sharply in August

2+ week, 17+ hour ago   (295+ words) Australia’s house price correction steepened in August. According to Cotality’s daily dwelling values index, which tracks value changes across Australia’s five major capital city markets, home prices declined by a hefty 1.2% at the 5-city aggregate level in August. As illustrated…...

MacroBusiness
macrobusiness.com.au > 2026 > 08 > pauline-right-about-durries

Pauline right about durries

3+ week, 6+ day ago   (149+ words) 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…...