Blogotariat

Ferrous market prices are holding as steel output plunges. CISA has been catching down to cratered offical data in recent months. Chinese export data for July showed steel exports still going strong, but iron ore imports are down 2.3% year to date despite being up 4.7% in the month. After a tough start to the

The post Iron ore defies steel collapse appeared first on MacroBusiness.

In a recent tweet, Yellow Brick Road (Home Loans) Executive Chairman Mark Bouris made the case that Australia needs to act with confidence and for our leaders to put our nation first. In this Bouris is very much correct; Australia needs leadership that looks at the true state of the economy and our society in

The post Australia’s fragile economy needs a reboot appeared first on MacroBusiness.

The 2025 UBS Global Wealth Report was released this week, which once again showed that the median Australian is among the wealthiest in the world. UBS ranked Australians second in the world for median wealth, with the typical Australian worth US$268,424. Australia also had 1,904 US dollar millionaires, according to UBS. Not surprisingly, Australia is

The post Australians aren’t as rich as they think appeared first on MacroBusiness.

Envision Energy ranked 4th globally in Wood Mackenzie’s 2024 BESS integrator rankings and has sustained Tier 1 manufacturer status with BloombergNEF for six quarters.

Australian inflation is rapidly becoming a one-trick pony as energy price hikes devour everything in their path. Various government energy rebates are still having a big effect as they roll off.. After increasing by 16.3% in March, electricity increased by 8.1% in the June quarter. However, because of the second wave of the Commonwealth Energy

The post Bonkers gas cartel price hikes the only inflation left appeared first on MacroBusiness.

Two massive transformers have travelled from the Port of Newcastle to the New South Wales Upper Hunter region to form part of a huge battery being built at the site of a shuttered coal plant.

There has been a clear trend in all Australian elections over the last twenty years of voters moving away from voting on election day, with an increasing number of voters choosing pre-poll voting as an alternative.

Tasmania has lagged behind the rest of the country in moving away from ordinary election-day voting, both at state elections and federal elections, but there was a big drop between last year’s election and this year’s election.

Australians will suffer from the pace of change to renewables – but not because it's moving too fast.

In late July, Australia test-fired a new US-made long-range missile. Its range is 500km, but that can be doubled, easily reaching Indonesian targets. Duncan Graham reports.

Were our friends to the north fearful, seeing this armed streaker as a threat? Tariffs, Gaza and Ukraine have elbowed other news aside, so reaction has been limited. The Indonesian media has yet to make a fuss.

Data centre-aligned experts say the sector will be defined by the demands of hyperscale AI players, and not the needs of the energy system.

As with other wars, questions of provocation, self-defence and divine right or entitlement are central themes of what the Western mainstream media have had to say about the war in Ukraine, the genocide in Gaza, and the attacks on Iran by the US and Israel in June 2025.

Peter Blunt

US President Donald Trump’s tariffs are having two broad impacts on the global economy – they are eroding international confidence in US leadership and disrupting global supply chains, and causing rapid geographic restructuring of international trade.

Jiao Wang

Beijing steps up as Washington steps back

Exorbitant land costs are the primary driver of Australia’s high home prices. According to the Australian Bureau of Statistics (ABS), residential land values, which underpin the housing market, increased by 8.8% between 2023 and 2024, reaching $7.7 trillion. Residential land values increased from 1.1 to 2.9 times Australia’s GDP over 35 years, ending in 2023-24.