Blogotariat

111 years ago the assassination of Archduke Franz Ferdinand of Austria became the pretext for the butchery of World War I. 

A teenage Serbian revolutionary shot Archduke Franz Ferdinand, the presumptive heir to the Austro-Hungarian throne, and his wife Sophie on their visit to the Bosnian capital of Sarajevo.

BY GUS LEONISKY

Asian share markets are generally boisterous in correlation with the equally euphoric Wall Street which was able to swing a higher domestic inflation print into an increased probability of an interest rate cut by the Federal Reserve in September. Currency-land remains stagnant however with the USD losing out against most of the majors as Euro

The post Macro Afternoon appeared first on MacroBusiness.

SunCable says efforts to raise fresh capital are gathering "strong interest from multiple investors," and plans to pipe solar power overseas are still alive and kicking.

Battery electric vehicles (BEVs) are massively subsidised in Australia. The Fringe Benefits Tax (FBT) exemption for BEVs costs the federal government more than $500 million in lost tax revenue each year—a figure that will increase alongside the take-up of BEVs. Under the FBT exemption, somebody leasing a $60,000 car can save more than $12,000 per

The post Trouble ahead for EV sales appeared first on MacroBusiness.

A new study shows 70% of people in REZs back a shift to renewables. That’s a strong base – but highly conditional. Without action now, that goodwill could evaporate.

Albo is not a policy coward. He is a do-nothing backroom bovver boy with the economic instincts of a brick. Jim Chalmers knows better what to do, but he is a policy coward. It is a worst-case scenario for living standards. AFR. Anthony Albanese and Jim Chalmers held private talks to agree on the need

The post How the RBA could fix productivity in two words appeared first on MacroBusiness.

A new four-hour big battery has joined the queue for assessment by the federal government, seeking approval for construction amid coal mines and cattle.

The Australian Bureau of Statistics (ABS) released wage growth data for Q2 2025, which came in slightly above the Reserve Bank of Australia’s (RBA) forecasts outlined in its August Statement of Monetary Policy (SoMP): Nationally, wages increased by 0.8% in the second quarter, resulting in a year-on-year growth of 3.4%. Wages in the private sector

The post Australian real wages remain deep underwater appeared first on MacroBusiness.

On Tuesday, the Reserve Bank of Australia (RBA) cut the official cash rate (OCR) by 0.25% to 3.60%. The RBA has now cut the OCR by 0.75% from its peak of 4.35%, and most economists and financial markets expect another two rate cuts to be delivered by mid-2026. The following chart from CBA shows that

The post Rate cuts won’t improve housing affordability appeared first on MacroBusiness.

The meltup is grabbing every underpriced entity and sending it mad. The Market Ear. Russell reviving Russell putting in the biggest up candle in a very long time. Close this a little higher, and the massive Russell short will feel proper pain. Source: LSEG Workspace Record Russell short Hedge fund shorts in the Russell 2000

The post The meltup continues appeared first on MacroBusiness.

Data centres have voracious and highly variable energy appetites. It is presenting a huge new opportunity for big batteries, which have the technology to keep up.

The way India manoeuvres reflects the key features of both the current global landscape and the ongoing process of its transformation. This process began almost immediately after the Cold War ended, but in recent years, it has accelerated at an unprecedented pace. In turn, the rapid transformation of the world order inevitably injects various factors of uncertainty into the political arena.