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.

Australian democracy is under attack

In September, we learned that the secretaries’ board, which includes all federal department heads, was pushing for new rules to stop sharing public testimony on social media because it could expose officials to ridicule, hostility, or abuse.

Labor delivers ‘no growth’ economy

Australian real per capita GDP declined by 0.5% over the first four years of the Albanese government – i.e., between Q2 2022 and Q2 2026.

Aussie taxpayers wear Snowy Hydro 2.0’s enormous cost

Last week, we learned that Snowy Hydro 2.0 is estimated to now cost between $22 and $25 billion, more than 10 times the initial estimate, and won’t be delivered until 2029.

With borrowing capacity cut, house prices will plunge

Australian dwelling values are days away from recording their largest decline in more than 40 years of records, according to Cotality’s daily dwelling values index.

RBA believes unemployment needs to go higher

Victoria’s graft and corruption must stop

Victorian infrastructure projects have been mired in rorts and corruption, which have helped push the state into severe debt and undermined faith in government and institutions.

Dwelling approvals boom before the crash

Australian house prices are now forecast to crash

Australian dwelling values are days away from recording their largest decline in more than 40 years of records, according to Cotality’s daily dwelling values index.

The Albanese government needs to work with the RBA, not against it

Australia’s governments—both federal and state—continue to spend at emergency pandemic levels, even though the pandemic ended five years ago.

Rental vacancy rates hit 5-year high

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