Blogotariat

Renewable energy certificate prices - the currency that has underpinned of wind and solar in Australia - have plunged to record lows and could halve again.

The post Renewable certificate prices “drop like a stone” and are headed even lower as corporate demand dries up appeared first on Renew Economy.

Guests at the White House Christmas reception fell silent Sunday as President Donald Trump veered way off topic to deliver a cozy holiday tale about … poisonous snakes?

Labor sheds light on just how hot the Cheaper Home Batteries rebate has been running, and just how much money can be saved by pushing smaller systems.

The post Cheaper Home Batteries scheme faced $14 billion bill before rebate changes cut it in half appeared first on Renew Economy.

The cost per kilowatt hour of community batteries has plunged, says Ausgrid, making them competitive even with subsidised home batteries.

The post Community batteries now cheaper to install than home storage, Ausgrid says appeared first on Renew Economy.

The US unemployment rate rose to a four-year high of 4.6% in November (survey: 4.5%). The result marked the fifth consecutive monthly increase, reaching its highest level since 2021. Non-farm payrolls rebounded modestly with 64,000 jobs added. This followed a decline of 105,000 jobs in October, largely due to a 162,000 reduction in federal workers

The post US unemployment rate hits four-year high appeared first on MacroBusiness.

Heading into the release of the official Q2 population and immigration data from the Australian Bureau of Statistics (ABS), all indicators were pointing to an increase. A record 448,500 net permanent and long-term (NPLT) arrivals were recorded for the first 10 months of 2025: The ABS monthly NPLT arrivals series has historically tracked the official

The post ABS immigration numberwang strikes again! appeared first on MacroBusiness.

I’ve been seeing a particular type of chart circulate more frequently: the one plotting the S&P 500’s forward price-to-earnings ratio against the market’s subsequent 10-year returns. At first glance, it looks authoritative — hundreds of data points neatly arranged, a strong downward relationship, and a clear takeaway that today’s high forward P/Es imply a lost

Cotality Pain and Gain Report for the September quarter has been released, which showed that 95.5% of resales made a gross profit, the highest in two decades: The median resale gain hit a record $335,000, up from $315,000 in the previous quarter and $296,000 a year ago. Even adjusted for current values, this is the

The post Is Australia’s property boom on borrowed time? appeared first on MacroBusiness.

Canada experienced one of the world’s biggest immigration surges post-pandemic, which created the worst rental crisis in the nation’s history. Amid a growing voter backlash, the Canadian government has introduced a series of measures since late 2024 to lower immigration levels, focusing on both permanent and temporary residents. These include reducing annual permanent resident targets,

As a freelance writer, I know I have to produce copy that meets the expectations of editors and management. When I write opinion pieces, I know well that my arguments should closely align with the publication’s general outlook. But I’ve always believed that if my views on any particular topic diverged from an outlet I’m writing for, it was acceptable to express those viewpoints in other publications.

Wall Street was almost unphased overnight by the dual NFP release as US unemployment jumped to a four year high, triggering a rally in US bonds, while the latest UK unemployment figures weren’t rosy either with speculation the BOE may move to easing its rates this week. The USD remains under duress against most of

The post Macro Morning appeared first on MacroBusiness.

A new interactive map designed to chart Australia’s energy market transformation has been launched by the Net Zero Economy Authority (NZEA).

The post New joint venture puts net zero energy transition from coal to renewables on the map appeared first on Renew Economy.

The 2025-26 Mid-Year Economic and Fiscal Update (MYEFO) was released on Wednesday. The key economic forecasts are shown below. Headline Findings Deficit improvement: 2025/26 underlying cash deficit revised to $36.8bn (–1.3% of GDP), better than March’s forecast of $42.1bn (–1.5%). Still a sharp deterioration from the $10bn deficit in 2024/25 and surpluses in prior years.

The post Budget deficits locked in appeared first on MacroBusiness.