Blogotariat

“Keeping perspective” is Michael Pascoe’s mantra. He writes that AI mania has not just warped perspective, it risks blowing up reality.

Over more decades than I care to count of market watching and reporting, I haven’t seen a time when there’s been more wide-spread conviction that we’re experiencing a dangerous bubble that’s sure to pop, yet the money keeps pouring in to inflate it. 

What makes a life virtuous? The answer might seem simple: virtuous actions – actions that align with morality.

But life is more than doing. Frequently, we just think. We observe and spectate; meditate and contemplate. Life often unfolds in our heads.

Growth in renewables and particularly battery storage helped lower wholesale electricity prices in latest quarter, despite a big increase in demand.

Climate change is serious, but we’ve made great progress. We need to keep backing the breakthroughs that will help the world reach zero emissions.

But we can’t cut funding for health and development—programs that help people stay resilient in the face of climate change—to do it.

“Your mom” has become the accidental protagonist of October 2025. Once a throwaway line in online debates, she now features in exchanges at the highest levels of American politics. The unlikely transformation began with S.V. Date, a journalist from the HuffPost, who repeatedly tried to ask the Trump administration difficult questions. Each time, he was met not with answers but with taunts – and, eventually, jokes about his mother.

Owner of Australia's biggest battery project says solar-battery hybrids can deliver "incredibly competitive" power for big industry, including smelters.

A recent examination of freedom of information (FOI) requests called into question the Albanese government’s commitment to transparency. The Centre for Public Integrity, an independent research institute, discovered that 24% of FOI requests were denied during Labor’s first term in office. In comparison, the proportion of applications denied fluctuated between 10% and 18% during the

The Economist does not like Donald Trump and is enjoying his polling. Last week Steve Bannon told our editors that Donald Trump would serve an unconstitutional third term. On Monday Mr Trump said, “I would love to do it—I have the best numbers ever.” We have an update on those numbers. They’re not the best

The post Beware the Trump dump appeared first on MacroBusiness.

In the debate surrounding immigration levels and population growth more broadly, the status quo is often described as normal, as if it were simply part of the natural order of things. Yet when comparing Australia’s population growth with that of the rest of the developed world, as IFM Investors Chief Economist Alex Joiner does below,

The post Australia is the odd one out on immigration appeared first on MacroBusiness.

Transgrid says early order for syncons will delivering $1 billion of market benefits, "meaning they will effectively pay for themselves in one year."

TS Lombard gives us the company view of the new Five Year Plan. First, consensus expectations for 2026 GDP are too bearish. Xi Jinping has recommitted the CCP to doubling 2020 per capita GDP by 2035 (just as we forecasted!) This entails a growth rate of ~4.6% yoy to reach that goal. While we do

The post China’s Five Year Plan to nowhere appeared first on MacroBusiness.

Australia is the world’s leader in creating products and policies that load households with debt. This year, we have seen the federal Labor government introduce its 5% deposit scheme for first home buyers as well as exclude student debts from loan servicing calculations. We have also seen Australian lenders announce new stimulatory mortgage products, including 40-year