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
How will AI change the fundamentals of economics? In today's papers, Jacob Shteyman writes up my talk to the Economic Society. Read it in full here: ministers.treasury.gov.au/ministers/an... #ausecon
We need to use Australia's resources widely for all, not just a tiny percentage of our population.
#ausecon #auspol
RBA live updates: Reserve Bank hikes cash rate to 4.1 per cent in a split decision
www.abc.net.au/news/2026-03...
more here www.rba.gov.au/media-releas... #ausecon #auspol
2026 Richard Snape lecture will be delivered by Prof David Vines, Emeritus Professor of Economics, and Emeritus Fellow of Balliol College, at Oxford University.
Find out more and register to join online: https://bit.ly/4lGbt6s
#Event #Economics #Lecture #AusEcon #Webinar
The level of idiocy involved in subsidising the problem is amazing.
Australia has Stockholm Syndrome by Proxy of the Labor Party's donors.
#ausecon #auspol
From skill-biased technical change to software agents negotiating on our behalf, AI is reshaping the foundations of modern economics. Honoured to deliver this year’s Ted Evans Lecture. www.andrewleigh.com/speech_rethinking_econom... #ausecon
In #Australia , futures market predicting #ASX will open higher after gains on Wall Street overnight.
All eyes on #RBA rate decision today, with investors expecting a 0.25% rise to base rate. Commodities mixed with oil down heavily..
Gold ⬇️ 0.18%
Oil ⬇️ 5.36%
Iron Ore ⬆️ 1.14%
#auspol #ausecon
Today I met with NT Chief Minister Lia Finocchiaro MLA and Treasurer Bill Yan about the extreme flooding in the Territory, and working together to help people in affected communities.
#auspol #ausecon #ntpol
In #Australia, local #ASX should be open lower today as rising #oil prices continue to spook global equity markets.
Big week of econ data ahead, with RBA tipped to raise rates on Tuesday & jobs data on Thursday also a focus..
Gold ⬇️ 1.18%
Oil ⬆️ 3.03%
Iron Ore ⬇️ 1.36%
#auspol #ausecon
It is time for the Australian government to promote Aussie farmers to plant Canola for this coming planting season to enable Australia to have enough blended #ethanol #diesel. #auspol #natsec #ausbiz #ausecon
This Gulf war will go longer than 3 months, especially if Yemen joins.
Think ahead #albo
Post that's well worth a read.
It's about the US but the "let them eat cake" issue it cuts to, hits Australia a lot too.
#ausecon