The St Louis Fed recently did an interesting AI survey that suggested the benefits of AI are large in certain areas but far from uniform.

As Australia continues to shed its industrial base, the US is rebuilding. Morgan Stanley with the note.

The Q4 national accounts release from the Australian Bureau of Statistics (ABS) revealed that households had suffered the largest decline in real per capita household disposable incomes on record, down around 8% from the mid-2022 peak.

Australia is a kind of mind-moulding autocracy in which the words “immigration” and “racist” are interchangeable.

The Q4 national accounts release from the Australian Bureau of Statistics (ABS) revealed that households had suffered the largest decline in real per capita household disposable incomes on record, down around 8% from the mid-2022 peak.

Alex Joiner from IFM Investors has published the following chart showing the sharp reversal of interest rate pricing in the futures market.

Over the past decade, the Australian economy has recorded some of the poorest productivity growth in the world and the nation’s poorest productivity growth on record.

Australia is experiencing a housing crisis because its home prices are among the highest in the world compared to incomes, we have some of the most indebted households in the world, and tenants are paying a record share of their income on rent.

Short squeeze on deck. The Market Ear.