Blogotariat

Kane Thornton has announced his resignation as chief executive of the Clean Energy Council, after 10 years at the helm of renewables industry peak body.

4:05 – Monique Ryan’s projected lead in Kooyong has shrunk from about 900 votes on Monday evening to just 405 today.

4:02 – In Bullwinkel, Labor’s projected lead has grown from 467 to 608 with more absent and pre-poll votes expected and very few postal votes left to count.

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 0.25% to 3.50%. The reduction means the OCR has now fallen by 2.0% from its peak of 5.50%. On Wednesday, Statistics NZ released the Q1 2025 labour force report, which showed modestly higher employment, with the unemployment rate holding at 5.1%.

The post Reserve Bank needs to cut harder appeared first on MacroBusiness.

By Ross Elliott from The Pulse: There’s a great line from the comedy show Kath & Kim, where the very suburban Kim expresses her desire to be like affluent city people. “I want to be effluent Mum,” she says. “You ARE effluent, Kim,” replies the equally suburban Kath. The new political geography of affluent inner

The post Winning the suburbs is the key to election victory appeared first on MacroBusiness.

The Market Ear on a possibe bear market. Very extended The 10-day advance/decline line has gotten very extended. Bespoke: “We would not be surprised to see some downside mean reversion soon”. Source: Bespoke Death cross still in place SPX is hitting some sort of short term trend line here. We moved above the 50 day, but are

The post The bull meets the bear appeared first on MacroBusiness.

The taxpayer-funded ABC has become one of Australia’s leading propagandists for Big Australia immigration and a high-density future. Check out the garbage below from the ABC imploring Australians to accept high-rise shoebox living as their future, as the federal government crush-loads our major cities with endless mass migration. “All over Australia we are being told

The post Dishonest ABC gaslights on housing solutions appeared first on MacroBusiness.

Friedrich Merz has been elected as German chancellor following a second Bundestag vote on Tuesday. The leader of the Christian Democratic Union (CDU) had initially fallen six votes short of the required 316-vote threshold earlier in the day, but hours later rallied conservatives and allies in the country’s parliament to win 325 votes.

Danish wind giant installs its first commercial 15MW wind turbine, the first of 64 to be installed at an offshore wind farm off the coast of Germany.

University boosts its installed solar capacity to 5.8 MW with completion of what is being described as the largest urban solar farm in the state.

The European Union, that grand and failing dream of technocrats, is dying. Its decline is not sudden or dramatic but a slow unraveling, a bureaucratic collapse in which every policy designed to sustain it only hastens its demise.

On Tuesday, the Australian Bureau of Statistics (ABS) released dwelling approvals data for March, which recorded an 8.8% monthly fall to 15,220 approvals. House approvals fell by 4.5% in March, while unit & apartment approvals fell by 15.1%. Annual approvals rose to 180,740, up 10% on the June 2024 low of 164,254. As illustrated below,

The post Australia’s housing target decimated again appeared first on MacroBusiness.

For tonight’s update, I’m going to first touch on the races I included in this morning’s post and how they have changed. Those are the seats that are conventional close races.

Then I will turn my focus to the seats where the two-candidate-preferred count has been recalibrated to a different pair of candidates. In these seats there has been some significant progress today towards resolving these seats.