Productivity, inequality and the rise of populism
- by Michael Keating
#auspol #ausecon
johnmenadue.com/post/2026/04...
🦺 What are safeguard measures and when can they be applied?
🏭Have imports of the relevant #steel products increased?
🩹 Has Australia's steel #industry suffered serious injury, or face the threat of serious injury?
More about the inquiry and how you can contribute: https://bit.ly/4tRZVQZ
#AusEcon
In #Australia , expect #ASX to open higher this morning after more optimism on Wall Street that end to #IranWar may be in sight.
International trade & job vacancy data out today may guide market, but both are Feb figures (ie. Pre Iran)..
Oil ⬇️ 2.30%
Gold ⬆️ 2.09%
Iron Ore ⬇️ 2.22%
#auspol #ausecon
"Melbourne is down 0.9 per cent from its November high"
"As for Melbourne, he said the figures reflected "a well-supplied" market and interest rate rises."
www.abc.net.au/news/2026-04... #ausecon #springst
In #Australia , local #ASX should open higher after Wall Street ended month on a high overnight.
A fall in oil prices on hopes of an end to #IranWar was behind rally. Today’s building approvals data may guide market outside this..
Oil ⬇️ 3.33%
Gold ⬆️ 3.45%
Iron Ore ⬇️ 0.16%
#auspol #ausecon
Looking at unemployment over the long-term it is clear that the trend to higher unemployment reversed after the early 1990s recesssion.
Where it goes now is going to be very interesting. Particularly for house prices.
#auspol #ausecon
#ausecon
bsky.app/profile/prof...
In #Australia , local market is expected to open slightly higher today despite falls on Wall Street overnight.
Rising commodity prices may help #ASX mining & energy stocks, as surging oil price remains a concern for broader economy..
Oil ⬆️ 3.43%
Gold ⬆️ 0.36%
Iron Ore ⬆️ 0.28%
#auspol #ausecon
Economists talk about scarcity. AI is moving it - from information to judgement. New op-ed on the economics of artificial intelligence: www.thenewdaily.com.au/opinion/2026/03/29/ai-ju... #ausecon #ai
#ausecon - it's a gas..
In #Australia , futures market suggests #ASX to start week lower after big falls on Wall Street last Friday.
A rise in gold price may help
mining stocks buck the trend, but surging oil price still the major concern elsewhere..
Oil ⬆️ 7.86%
Gold ⬆️ 2.54%
Iron Ore ⬇️ 2.17%
#auspol #ausecon #ausbiz
Prelim Domain auction clearances
Syd 55%=final ~54%,Mar avg 67
Mel 59%=final ~56%,Mar avg 65
Clearances are continuing to fall with more rate hikes likely & the War depressing buyer confidence & pushing up listings. Withdrawals are also up. Looks headed for price falls.
#ausecon
New pod for ABC by the ever worth a listen Alan Kohler.
Kicks it off with @jimchalmers.bsky.social
#ausecon
youtu.be/C3h6Rp0QsBg?...
Bowen’s big stick spurs largest intervention since World War II to secure fuel for bush
www.watoday.com.au/politics/fed... #auspol #ausecon
archive version: archive.is/5sOyc
In #Australia, expect local market to open sharply down after a sea of red on Wall Street overnight.
Events overseas continue to dominate investor sentiment, with fluctuating #oilprices causing concern. AUD also down..
Oil ⬆️ 2.54%
Gold ⬇️ 2.38%
Iron Ore ⬆️ 0.07%
#auspol #ausecon #ASX200
EVs (speed the flip)
Housing (prefab, use govt lands, build social, see Doug)
pay for it by
Ditch Aukus P1 and go for drone (see Ukraine)
and
See Allegra Spender for the rest
Finally - the only thing well done about Angus is that he's cooked..
#ausecon
Australia is uniquely vulnerable to a Trump-caused recession
alexwhite.org/2026/03/the-... #auspol #ausecon
In #Australia , local #ASX is expected to open higher again after yesterday’s gains.
Inflation may have flatlined in Feb, but #IranWar makes that unsustainable in short term due to rising oil prices. More volatility ahead you’d think..
Oil ⬆️ 3.35%
Gold ⬆️ 1.12%
Iron Ore ⬇️ 1.78%
#auspol #ausecon
A universal mass by distance charge regardless of type seems really simple and sane.
And now is absolutely not the time to make EVs more expensive, talk about punching yourself in the face..
Canberra may struggle with simple, effective and in Australia's interests though.
#Ausecon #Auspol
In #Australia , local market to open sharply higher after Wall Street rallied on falling oil prices overnight.
After falling to 10mth low yesterday, #ASX should reap benefits of sharply lower oil, with tomorrow’s CPI data also a focus..
Gold ⬇️ 1.84%
Oil ⬇️ 9.40%
Iron Ore ⬇️ 0.13%
#auspol #ausecon
The myth of innovation is one founder in one garage. The reality is messier, more collaborative and far more interesting. Australia’s tech sector is a team sport, and policy should treat it that way. My latest in SmartCompany. Link in my bio #ausecon #auspol
In #Australia , local markets tipped to open heavily down on Monday after Friday’s sharp fall on Wall Street.
#ASX200 is now ⬇️ 7.19% in last month as investors fret on #IranWar . Oil still rising / gold falling not a good combo for ASX..
Gold ⬇️ 3.49%
Oil ⬆️ 3.70%
Iron Ore ⬆️ 0.25%
#auspol #ausecon
Prelim Domain auction clearances
Syd 58%=final ~57%,Feb avg 67
Mel 59%=final ~57%,Feb avg 65
Clearances are continuing to cool with another rate hike and likely more to come along with the hit to confidence from the Iran War. Listings are also up on yr ago levels.
#ausecon
Desperate people do desperate acts.
Rise of One Nation about people unable to afford the essentials, same as Reform in UK, and MAGA in US.
For its own sake to retain power Labor must address inequality - and hard.
We have made them a cowardly party through our voting btw.
#ausecon
When you hear Labor talk about $2B having been raised from the PRRT remember how much could have been raised by a tax that would still be reasonably light by international standards.
One Nation backs a 25% tax & that should be a red flashing light to Labor of how far they are off track.
#ausecon
In #Australia , #ASX futures suggesting local market will open fractionally lower after a wildly fluctuating session on Wall Street overnight.
A fall in oil prices counteracted the rising cost of gas, as overseas events dominate again..
Gold ⬇️ 3.40%
Oil ⬇️ 4.56%
Iron Ore ⬆️ 1.07%
#auspol #ausecon
Never forget that Australia's Treasurer has a PhD; that doctorate is in political science; and that it uses 🫣 two (2) fonts in its title. 😬 #ausecon #auspol
In #Australia , local #ASX is expected to open lower after a sea of red of Wall Street overnight.
#Oil prices - back up to USD$110 / barrel - continue to dominate investor sentiment. Today’s job data may guide market further..
Gold ⬇️ 3.75%
Oil ⬆️ 3.16%
Iron Ore ⬇️ 1.31%
#auspol #ausecon #markets