Macro Business | Media/news company

Macro Business

Add/Update information

Reviews

Tags

• Businesses
• Media/news company

25.01.2022 It's a big statement, but Labor's policy to uncap visas for parents of existing migrants is the worst policy we have ever seen and could lead to millions of elderly migrants inundating Australia's cities, placing massive strains on housing, the hospital system and infrastructure. https://www.macrobusiness.com.au//labor-visa-earthquake-t/

24.01.2022 It appears the federal government is aggressively marketing Australian primary and secondary schools to China, despite our schools already suffering from chronic overcrowding: https://www.macrobusiness.com.au//the-dumbening-schools-n/

23.01.2022 Here's some charts comparing Australia's current housing bust against those experienced in other developed nations during the GFC: https://www.macrobusiness.com.au//australias-housing-cras/

21.01.2022 The Labor Party continues to fail Australian workers, promising a ridiculously low wage floor for temporary 'skilled' workers of only $65,000 a year. Why has Labor chosen a floor that is still $21,600 below the average full-time Australian salary of $86,600, and $3,620 below the median full-time wage, each of which comprise both skilled and unskilled workers? Why hasn't Labor promised a wage floor that, at a minimum, matches average full-time earnings and preferably exceeds them? These are supposed to be 'skilled' workers after all. https://www.macrobusiness.com.au//labor-to-lift-skilled-m/

20.01.2022 Labor's uncapped elderly parent visas could easily see millions of aged migrants come to Australia, costing taxpayers more than $100 billion and bankrupting Australia's welfare state. Check-out these back-of-the-envelope calculations: https://www.macrobusiness.com.au//labors-elderly-parent-v/

19.01.2022 Ivailo Izvorski - Lead Economist, Global Practice Macroeconomics at the World Bank - is the latest to debunk common economic myths surrounding an ageing population. His arguments mirror those put forward by Dr Cameron Murray and Leith van Onselen in their recent research paper for Sustainable Australia. https://www.macrobusiness.com.au//australia-nothing-fear-/

18.01.2022 Lying about the wage impact of raising the superannuation guarantee. Kowtowing to China. Has Paul Keating completely lost his marbles? https://www.macrobusiness.com.au//paul-keating-has-lost-h/

17.01.2022 Greens Senator Nick McKim has labelled "horrific" the number of years taken for migrants to bring their elderly parents to Australia, noting there are currently around 50,000 on the waiting list. McKim claims the government should "reunite as many families as possible". What he doesn't say is that bringing these elderly parents to Australia would cost taxpayers between $16.5b and $20b. So what social programs would The Greens like to cut to make room? The Aged Pension? Newstart? NDIS? Schools and hospitals? https://www.macrobusiness.com.au//greens-make-australia-m/

17.01.2022 With Labor poised to form the next government, it's worth asking: can it be trusted to run Australia to the benefit of Australians? https://www.macrobusiness.com.au//anzac-day-special-can-l/

17.01.2022 It's clear as day that Australia's compulsory superannuation system is a failure, costing the Budget more than it saves in Aged Pension costs and lowering workers' take-home pay. So why has Labor committed to increasing the super guarantee to 12%? https://www.macrobusiness.com.au//peter-costello-admits-c/

14.01.2022 In an extraordinary act of fiscal vandalism, the Australian Greens have pledged to clear the 97,000 strong backlog of migrant elderly parents seeking permanent residency in Australia. The Productivity Commission estimates that each elderly visa costs taxpayers between "$335 000 and $410 000... which ultimately must be met by the Australian community". Therefore, the estimated cost of the Greens' diabolical plan is between $32 billion and $40 billion in net present value terms. https://www.macrobusiness.com.au//greens-pledge-40bn-for-/

14.01.2022 The real household disposable income (HDI) data, derived from Wednesday's March quarter national accounts, revealed that real per capita HDI fell by 0.8% over the year and has fallen by 1.1% since December 2011. Here's another timely indicator that Australian households are hurting. https://www.macrobusiness.com.au//australian-households-e/

10.01.2022 The massive surge in international students has created many nasty side effects. One of these is widespread cheating at universities. https://www.macrobusiness.com.au//international-students-/

09.01.2022 Labor has launched an egregious plan to issue unlimited visas to elderly parents of migrants. This plan could cost Australian taxpayers tens-of-billions of dollars (diverting funding from other areas), will unnecessarily age Australia's population, and will sap productivity. It's fiscal vandalism writ large. https://www.macrobusiness.com.au//labor-loons-to-give-unl/

08.01.2022 Prime Minister Scott Morrison has launched a five-point plan to destroy Australian values, social fabric, living standards, labour and the national interest in favour of a small number of growth lobby billionaires: https://www.macrobusiness.com.au//scummos-five-point-plan/

07.01.2022 We've read some fanciful immigration propaganda in our time, but today's effort by Simon Kuestenmacher in The Australian is right up there in the fake news stakes. Kuestenmacher is the Director of Research at The Demographics Group and is described as "a rising star in the world of demography". The Demographics Group is the private enterprise headed by self-proclaimed "unabashed supporter of a bigger Australia" Bernard Salt. Hilariously, Kuestenmacher has attempted to argue that cutting immigration (and population growth) would have no impact on congestion! https://www.macrobusiness.com.au//demographer-immigration/

06.01.2022 Did Australia just miss its last chance to deliver affordable housing? Not really. It wasn't going to be fixed, regardless of who won the federal election. https://www.macrobusiness.com.au//australia-miss-chance-f/

04.01.2022 Australia's production, as measured by aggregate real GDP, continues to diverge wildly from the growth (or lack thereof) in ordinary Australian's living standards, whose material standard of living has fallen over the past eight years. https://www.macrobusiness.com.au//8-years-economic-pain-a/

04.01.2022 Australia's shambolic immigration system has been exposed again, with the number of bridging visas - given to people awaiting applications for permanent residency - blowing out to a record high 230,000 (up 75,000 over two years). This helps to explain why net overseas migration continues to rise despite the small cut to Australia's permanent migrant intake. https://www.macrobusiness.com.au//coalition-hides-immigra/

01.01.2022 Is Australia's official unemployment rate about to rise? Roy Morgan's alternative survey suggests so: https://www.macrobusiness.com.au//roy-morgan-unemployment/

01.01.2022 As usual, this election has ignored voters' legitimate concerns around excessive population growth, with Labor set to dramatically ramp-up Australia's immigration intake. Vote 1 Sustainable Australia in tomorrow's Federal Election. https://www.macrobusiness.com.au//australian-voters-ignor/