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.

New Zealand’s endless recession

The Reserve Bank GDP nowcast, released last Friday, forecast that New Zealand’s GDP contracted by 0.4% in Q2 2025.

Abu Dhabi pulls out of Santos takeover bid

Is Australia’s labour market cracking?

Earlier this week, Roy Morgan Research released its shadow labour force report, which posted a large 0.8% jump in unemployment in August to 11.1%.

Beware another high-rise apartment boom

Australia’s governments want to ‘solve’ the housing crisis by pushing Australians into high-rise apartments.

Aussie economy losing momentum?

After this month’s stronger-than-expected June quarter national accounts release, which saw the economy grow by 0.6% over the quarter (faster than consensus and the RBA’s forecasts), Westpac’s leading index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, has stalled.

Australia’s rental market is tightening fast

Cotality has released alarming data showing that Australia’s rental market is tightening fast.

Victorian Premier grovels for Chinese and Indian students

FOMO Rally Faces the Fed

From the Market Ear: Room to run SPX continues to trade inside the short-term trend channel that has been in place since late May.

Aussie unemployment surges

On Thursday, the Australian Bureau of Statistics (ABS) will release the official labour force release for August.

Jim Chalmers layers more lipstick on pig economy

In the world of Australian Treasurer Jim Chalmers, Australia’s economy is strong, wages are booming, and living standards are rebounding fast: “The Coalition’s deliberate policy of wage suppression saw wages stagnate for the best part of a decade and living standards fall sharply, but we’re turning that around”.

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