Blogotariat

In the early last decade, the federal Labor government made the fateful decision to approve the export of liquified natural gas (LNG) out of Queensland without requiring gas companies to supply Australians first. Then Federal Resources Minister under the Gillard/Rudd Labor governments, Gary Gray, claimed that domestic gas reservation policies create uncertainty and deter investment,

Great ideas, these. Peter Dutton would funnel 80 per cent of commodity revenue windfalls into two new Future Fund ­vehicles to pay down the nation’s $1.2 trillion debt bill and bankroll investments in regional Australia, as the Coalition ramps up its ­attacks on Labor’s big-spending budget and deficits. The Opposition Leader on Thursday will unveil

The post Dutton too late the hero with sovereign wealth funds appeared first on MacroBusiness.

In the report below, Luke Yeaman, Chief Economist at CBA, examines whether the era of globalisation over. Trump, Tariffs and Trade: A Different Kind of Wall The era of trade liberalisation, free market reforms, deregulation and fiscal discipline (the Washington Consensus) is officially dead and buried. In a few weeks, President Trump has reversed a

The post Is this the end of globalisation? appeared first on MacroBusiness.

Greens unveil plan to use Snowy Hydro and a new $10 billion fund to roll out rooftop solar systems for the nation's seven million renters.

A frequent criticism of the federal rooftop solar subsidy is that it has lead to the "poor" have subsidised the "rich." But does the data support the outrage?

Another fun night on risk markets as Trump folded on his tariff tirade with a 90 day stay of execution – except for China and everyone still gets a 10% hit irregardless of surplus/deficit/other vagaries – so of course the short covering was epic with Wall Street lifting 10% or more after the Royal Twit

The post Macro Morning appeared first on MacroBusiness.

Habitat Energy has landed another contra

DXY was stable. AUD through the roof. Concrete boots now. Oil and gold rally. Copper is the loon metal. Others dour. Big miners stuffed. EM pumped. Credit stress gone. But yields up. Stocks to the moon! All markets are now the plaything of the Orange Madman. Bloomberg. President Donald Trump announced a 90-day pause on

The post Australian dollar goes mad appeared first on MacroBusiness.

Local and international energy giants back major fundraising round for Australian solar and thermal energy storage hopeful, RayGen.

The troubled Callide C coal generator plant has suffered another major incident

Ten community batteries to be installed at University as part of federal funding program.

Ben is joined by Stewart Jackson and Phoebe Hayman to discuss the role of the Greens in the federal election: the seats they are defending and are challenging for, the rivalry between Labor and the Greens and how the electoral system shapes their relationship. The seat of the week is Wills, in the inner north of Melbourne.

US President Donald Trump has raised the tariffs on Chinese goods to 125% in response to retaliatory measures imposed by Beijing earlier on Wednesday.

In a post on his Truth Social platform, Trump wrote that “based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.”