Unconventional Economist

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also Chief Economist and co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

The grim reality facing Australia’s housing market

Dashdot was an Australian property investment advisory and buyers’ agency that helped clients purchase investment properties using a data‑driven, portfolio‑building model.

RBA doesn’t believe Labor’s housing supply story

The Albanese government is failing dismally to meet its target of building 1.2 million homes over five years, commencing 1 July 2024. Over the first six quarters of the National Housing Accord, actual dwelling completions were tracking 97,400 (27%) below the required run rate to meet the target.

IEA: Asia doubling down on coal

Asian nations have overwhelmingly driven the rise in global carbon emissions this century.

SRL siphons Victoria’s infrastructure budget

I have argued repeatedly that Victoria’s $200 billion Suburban Rail Loop (SRL) project will consume most of the state’s infrastructure budget, starving existing transport corridors and growth areas of funding for decades.

Australia’s rental crisis moves from bad to worse

The situation facing Australian tenants continues to worsen, with Cotality reporting accelerating rental growth and a decline in vacancy rates back to record lows.

Buyers abandon Australian property

The bottom continues to fall out of Australia’s property market, with Cotality’s preliminary auction results hitting a new cyclical low this weekend: only 54.5% of auctions sold, the lowest preliminary clearance rate since April 2020.

Weekend reading & MB media appearances

Investors pile in before house prices bust

What YIMBYs get wrong about property development

The ‘Yes in My Backyard’ (YIMBY) movement argues that the solution to Australia’s crisis lies in upzoning our cities to permit high-rise apartments in more locations.

University Vice-Chancellors feast on junk degrees

Last year, a Senate inquiry into university governance heard claims that the Tertiary Education Quality and Standards Agency (TEQSA) was failing to monitor the standard of university degrees.

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