Blogotariat

In last month’s budget speech, Victorian Treasurer Jaclyn Symes labelled the state government’s controversial Suburban Rail Loop (SRL) project as “Australia’s largest housing project”. “The Suburban Rail Loop is Australia’s largest housing project”, Symes proclaimed. “With Melbourne expected to reach the size of London by the 2050s, it will deliver 70,000 more homes on the

DXY is flopping around like a dead fish. AUD is back near the top of its rising channel. Lead boots are floating higher. Two shorts? Metals grinding higher. Miners yuk. EM meh. Junk OK. The steepener steepens. Stocks love a good bombing. All together now to the Beach Boys “Bomb, bomb, bomb…bomb, bomb Iran. Bomb,

The post Australian dollar bomb, bomb, bomb…bomb, bombs Iran appeared first on MacroBusiness.

Construction contract awarded for one of the first winners of the federal government's Capacity Investment Scheme battery storage tenders.

Australia’s superannuation concessions need to be adjusted to make them more equitable and sustainable. According to the Australian Treasury, superannuation concessions cost the federal budget around $60 billion in foregone revenue in 2024-25 and are expected to grow rapidly. Concessions on contributions cost the federal budget $30,950 billion in FY25, rising to $36,750 billion in

It was disappointing to see the Queensland’s Liberal-National government oppose exporting more gas to Victoria, claiming that it doesn’t have the gas supply capacity to keep “bailing out Victoria’s bad decisions”. Queensland Natural Resources Minister Dale told The AFR that his state would refuse to divert further supplies south and blamed the critical energy constraints

Energy infrastructure giant opts out of partnership to bid to develop some of Australia's biggest new electricity transmission projects.

The Israel-Iran war continues to dominate risk markets as the new trading week gets underway here in Asia with share markets quite mixed while there has been a slight bit of strength in USD over the weekend gap, but still far from a proper safe haven bid. With all eyes on the Middle East conflict,

The post Macro Afternoon appeared first on MacroBusiness.

Hi everyone

My  Brissie to the Bay cycle for MS Queensland, a huge success. Donations totalled $2595, which gave me the title of “Neuro Legend”. Thanks again to all the readers and friends who keep me going on events like this. I’ll never be competitive as a triathlete, but I’m still on top of my game as a fundraiser.

I had a very grown-up weekend. Jane and I had lunch at a little French place down in the Valley, A la Bonne Franquette, a spot I’d never noticed before, but it was fantastic—then we caught Materialists at the cinema across the street.

W.A. has led the way with the rollout of four-hour big batteries. Now it is getting ready to lift the duration requirement to six hours.

Australian researchers claim breakthrough on aqueous zinc-iodine batteries, an up-and-coming chemistry that promises to be safer, more sustainable and cheaper than li-ion.

The first stage of the biggest battery in Queensland in now fully operational, as another new battery project in Victoria obtains AEMO connection deal.