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.

Sydney house prices end 2024 underwater

CoreLogic’s daily dwelling values index shows Sydney’s housing market is finishing 2024 in the red.

Christmas holiday links and media

The team at MacroBusiness thanks you for your support in 2024 and wishes you a Merry Christmas and a safe and happy New Year.

Flagging EV sales prompt calls for additional subsidies

Earlier this month, Tony Webber from the Federal Chamber of Automotive Industries warned of a clear consumer shift from battery electric vehicles (EVs) toward hybrids.

Decade of gas idiocy ends in disaster

In 2013, Labor Resources Minister Gary Gray made the fateful decision to allow the Gladstone liquified natural gas (LNG) terminals to be built without the requirement to reserve gas for domestic users: “Let me say very clearly, a reservation policy could not lead to lower gas prices or more gas,” Gray said.

Why New Zealand’s recession is worse than Australia’s

Population Overlord (Treasury) punishes voters again

By Stephen Saunders Last Friday, Treasurer Jim Chalmers quietly let slip Australia’s fifth Population statement, in which he and the Treasury constitute public enemy No.

Australia’s rental crisis rolls into 2025

The past several years have seen Australia’s rental market plunge into crisis following the importation of nearly one million net overseas migrants in only two years.

High immigration is a political killer

“Economically vital” international students pillage food banks

I have frequently maintained that the Australian Bureau of Statistics (ABS) reported $48 billion in education exports are inflated and vastly overstates the benefits of international students to the Australian economy.

Australian home builders crippled by costs

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