Blogotariat

A toaster and a cement kiln walk into a bar... what comes out later is a thermal battery, and a potential key for large scale industrial decarbonisation.

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. New data from the OECD shows that Australia also recorded the largest decline in real per capita household disposable

The post Aussies suffer world-record income collapse appeared first on MacroBusiness.

Huge wind and battery project forced into new planning hearings because of long distance critics and despite no local objections.

Larissa Waters has been appointed to lead the Greens after the minor party lost three seats and its captain at the federal election.

Alex Joiner from IFM Investors has published the following chart showing the sharp reversal of interest rate pricing in the futures market. After President Donald Trump announced his ‘Liberation Day’ tariffs last month, the futures market had forecast five more interest rate cuts this year and a cash rate of around 2.85% by the end

The post Hopes fade for deep interest rate cuts appeared first on MacroBusiness.

Joseph Capurso and Carol Kong at CBA have written an excellent report explaining the economic implications of the US-China trade war de-escalation. Key Points: The 90 day reduction in tariffs on US-China trade confirms ‘peak tariff’ is past. We estimate the US effective tariff rate on imports from China is now 41%, down from 155%.

The post Economic implications of the US-China trade war de-escalation appeared first on MacroBusiness.

Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, and special guest economist Cameron Murray unpack the downsides of superannuation as a pension supplement—and explore the broader social issues it creates. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment

Climate Change and Energy Minister Chris Bowen wants to double down on the rollout of offshore wind farms, ­renewables, and the phase-out of coal-fired power plants. Bowen claims that Labor’s landslide election victory, where it only secured 34.7% of the primary vote, was a rejection by voters of anti-­climate action “noise”. “Peter Dutton described the

The post Bowen doubles down on ‘net zero’ insanity appeared first on MacroBusiness.

Tasmania's hydro output hit a record low share last week, as the state shifts its trading strategy from baseload to firming to accommodate more win

Our top civil servants are being paid exceptionally well by international standards and much more than our Prime Minister, let alone the ministers to whom they are answerable. Time for change, Rex Patrick says.

The latest batch of data suggests that Australia’s labour market continues to ease gradually. SEEK’s latest employment report shows that job ads continue to trend lower and applications per job ad higher: SEEK’s data continues to point to a rising unemployment rate: As Justin Fabo from Antipodean Macro shows below, all measures of job ads

The post Australia’s labour market eases gradually appeared first on MacroBusiness.

My last few booth maps have been focused on the non-classic races – the Greens in Melbourne, and the teals in Melbourne, Sydney and Perth. But a big part of the story was Labor routing the Coalition in traditional urban marginal seats, particularly those on the edges of cities, with the ultimate symbol being Peter Dutton’s defeat in Dickson.

So today I’m looking at two groups of three LNP marginal seats – three on the northern outskirts of Brisbane, and three to the south. In each of these clusters, two of the three seats were lost to Labor, with the third seat holding on.

First, let’s look at the northern map.