Contractor signed up for early works at one of the biggest battery projects in Queensland, with construction to start next year.
The post Contractor signed up for early works at one of Queensland’s biggest battery projects appeared first on Renew Economy.
All eyes on the RBA in its last meeting of the year today with a hawkish hold the expected outcome which gave the Aussie dollar a small boost but stocks didn’t like the result. Other Asian share markets are on the back foot due to a listless Wall Street as we head into the final
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Two renewable energy projects have taken important next steps forward this week in state's race to meet pledge to quit coal by the end of the decade.
The post State moves ahead on new wind farm and Indigenous-backed energy parks in race to quit coal appeared first on Renew Economy.
As expected, the Reserve Bank of Australia (RBA) has unanimously chosen to keep the official cash rate on hold at 3.60%. In its media release accompanying the decision, the RBA suggested that “temporary factors” are behind much of the recent rise in inflation, but also admitted that it is unsure of the extent: While inflation
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European leaders have said "now is a critical moment" to ramp up support for Ukraine and put pressure on Russia to bring an end to the war.
From the Market Ear Two weeks of “agony” Two weeks ago, positioning was falling, HFs were net sellers, hedging was picking up, CTAs were cutting exposure, and Retail flow was fading. Shorts were working, and HF alpha held up. Now everything has flipped, buying has surged across cohorts, the 1-week change in JPM’s US Tactical
Federal Labor's Cheaper Home Batteries rebate needs urgent tweaks to its settings and eligibility criteria, peak industry body warns, to avoid a "boom-bust cycle."
The post Industry calls for urgent changes to Cheaper Home Batteries rebate, to avoid harmful “boom-bust cycle” appeared first on Renew Economy.
An article about wind droughts published on the front page of the Weekend Australian is not quite the "gotcha" moment author Chris Uhlmann claims.
The post What’s wrong with this chart? A short case study in graphical misinformation appeared first on Renew Economy.
Financial markets are now tipping that the Reserve Bank of Australia (RBA) will deliver a 25 bp increase in the official cash rate in 2026, most likely in the second half of the year. This view is based on the acceleration of trimmed mean inflation, as well as recent solid domestic demand reported in the
The post Soft labour market keeps RBA in check appeared first on MacroBusiness.
Australia’s Treasurer of propaganda was back at it again, boasting on Twitter (X) that Labor has delivered a big rise in housing supply since being elected in mid-2022: The actual data on net dwelling additions (i.e., dwelling completions minus demolitions) from the Australian Bureau of Statistics (ABS) paints a far less rosy picture. It shows
In recent weeks, various polls have revealed a Coalition, but more particularly a Liberal party well and truly entrenched in an existential crisis. In the history of Australian federal politics in the postwar era, a major party facing a disastrous defeat at the ballot box generally had time to lick its wounds and reflect on
The post A Barnaby Joyce shaped wrecking ball appeared first on MacroBusiness.
Treasurer Jim Chalmers has revealed that the federal government’s energy bill subsidies will not be extended next year. The $75 a quarter reduction for all households, which began in mid-2023 but was twice extended to alleviate cost-of-living pressures, will expire in December as scheduled. The bill subsidies have cost taxpayers almost $7 billion. “This was
Of all the nations in the world, Australia has one of the strangest sets of geopolitical relationships. On one hand, Australia has been a key U.S. ally since the American entry into World War 2, with the key battles of the Coral Sea and Guadalcanal (Solomon Islands) fought to secure shipping lanes to Australia within