Blogotariat

Energy minister Chris Bowen takes the fight to one of the government's loudest critics, saying the right wing think tank has got it wrong on renewables and coal.

US President Donald Trump has announced the suspension of all trade talks with Canada, accusing Ottawa of distributing fake ads against tariffs.

"Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs … Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," Trump said on Truth Social on Thursday.

Risk markets are again pivoting on more tantrums from the Oval Office as the Trump regime lashes out at Canada and Venezuela via the usual online 12-year old boy tantrums from the Mango Mussolini. Asian share markets brushed off the histrionics and are seeing strong bids to finish the trading week but all eyes will

The post Macro Afternoon appeared first on MacroBusiness.

GE Vernova chief commercial officer Pablo Koziner on the latest thinking around data centres, wind energy, gas, SMRs and batteries. Plus: News of the week.

"We know how it works:" Australia's electricity grid could get the carbon price it needs, just by adapting a Coalition policy initiative. It will cut emissions, and costs.

Domain has published its home price figures for the September quarter, which show that the median house price in Sydney reached a record high of $1,751,728 following a 6.3% annual increase. Sydney units also increased to a record high of $840,422 following a softer 2.7% annual increase. As shown in the table below from Domain,

The post Sydney housing is a national disaster zone appeared first on MacroBusiness.

By Stephen Saunders As the Labor-Liberal uni-party institutionalises mass migration and fake net zero, the March for Australia protests continue. After October 19, the next one is Australia Day. In Australia, the distinction between the “left” and “right” wings is less and less useful. It’s theatre. The more useful distinction is the top 1-20% versus

The post The March for Australia is becoming the “opposition” appeared first on MacroBusiness.

I reported on Thursday how New Zealand’s rental growth has plummeted in response to the sharp decline in net overseas migration, which fell to only 10,628 in the year to August 2025, down from a decade average of 49,000. As illustrated below by Justin Fabo from Antipodean Macro, the collapse in net migration has helped

The post Canadian rents plummet alongside population growth appeared first on MacroBusiness.

When the Trump administration and Albanese government inked a deal for the U.S. and Australian governments to invest $4.6 billion ($3 billion USD) in critical minerals projects across Australia, the announcement came with something of an added bonus for the U.S. shortly after: a claimed commitment that Australian superannuation funds would invest “almost $1 trillion”

The post Albo’s and Trump’s trillion dollar commitment appeared first on MacroBusiness.

Tesla secures its first billion dollar profit from energy storage, with a surge in household batteries and the rapid evolution of grid-scale products.

The pent-up demand boost is gone, but there’s modest growth. Flash Australia Composite PMI Output Index: 52.6 Index, sa, >50 = growth m/m % qr/qr (Sep: 52.4) Flash Australia Services PMI Business Activity Index: 53.1 (Sep: 52.4) Flash Australia Manufacturing PMI: 49.7 (Sep: 51.4) Flash Australia Manufacturing PMI Output Index: 49.7 (Sep: 52.4) “While it

The post Aussie flash PMI stuck in a jobs rut appeared first on MacroBusiness.

There is one thing that would put a serious cat amongst the pigeons for today’s gold and tech blowoff rallies, and that is an oil shock. A rising DXY chasing climbing real interest rates and inflation is a perfect storm for duration and gold. The news, then, is unsettling for bulls. U.S. President Donald Trump

The post And now for an oil shock? appeared first on MacroBusiness.