Australia's EV bubble pops - MacroBusiness
1 day ago · However, numerous states and territories have reduced their rebate program and tax exemptions for 2023 and 2024. New South Wales and South Australia’s $3,000 rebates expired on January 1 of this ...
More recession wrecked Kiwis call Australia home
1 day ago · Subscribe. Statistics New Zealand released data showing that Kiwis are leaving in droves to escape the worst recession in decades. Annual net permanent and long-term migration inflows fell to ...
Australian economy hamstrung by bureaucratic bloat
3 days ago · Even so, the states comprised 77% of public sector employment in 2023-24, numbering more than 1.9 million workers. This reflects their primary responsibility for front-line service delivery.
Sagging wages scream at RBA bullhawk to cut interest rates
1 day ago · The RBA is currently forecasting annual wages growth to print 3.4%yr for end 2024 and hold at that rate through to June 2025. Materially below the RBA outlook AGAIN. 3.2% annualised is garbage ...
Rising cost-of-living drowns Australian workers - MacroBusiness
6 days ago · In the nine quarters since June 2022, cost-of-living for employee households rose by 19.2%, versus a 12.1% increase for Age Pensioner households, an 11.8% rise for Pensioner and beneficiary ...
Major bank: Australian dollar weakness “not priced in”
3 days ago · The policy proposals on offer would raise the cost of US imports, lower the cost of doing business domestically, and weigh on foreign activity levels. We believe this will have direct and powerful ...
Mining parasite fattens on $66bn in stolen royalties
1 day ago · Royalties are one of three main resource pricing models used globally. Norway’s petroleum pricing arrangements are considered best-practice amongst comparable overseas resource-rich countries ...