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Oz Blog News Commentary
Your Democracy Wednesday, December 17, 2025 - 17:33 Source

 

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MacroBusiness Wednesday, December 17, 2025 - 17:00 Source

Silver goes ga ga while oil prices remain in a slump despite the new trade blockade against Venezuela announced by the Trump regime as most Asian share markets are beginning to bounce back from a rough start to the trading week. The dual US NFP print overnight showed a slumping US labour market that gave

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Wednesday, December 17, 2025 - 15:46 Source

The UK’s Chief of the Defence Staff, Air Chief Marshal Sir Richard Knighton, has claimed that the chances of a direct confrontation with Russian forces on UK soil are not “zero” – a speculation dismissed by Moscow as “nonsense.”

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Renew Economy Wednesday, December 17, 2025 - 15:29 Source

Construction of $5 billion undersea cable project linking Tasmania and Victoria is all but good to go, with the execution of major works contract.

The post “Final step:” Marinus Link inks $1 billion contract for onshore construction works of undersea cable appeared first on Renew Economy.

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Renew Economy Wednesday, December 17, 2025 - 15:21 Source

macintyre wind farm queensland accionaThe massive MacIntyre wind project is waiting for new turbine blades and wind parts as it continues its slow progress through commissioning.

The post Replacement turbine blades on the way as huge wind farm held at half-way point of commissioning appeared first on Renew Economy.

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Renew Economy Wednesday, December 17, 2025 - 14:26 Source

UNGI tumut 3 penstocks snowy pumped hydro - optimisedSnowy Hydro will be paid to operate its Tumut pumped hydro facilities as "syncons" to provide system strength to the grid. But we are not told how much.

The post Snowy’s pumped hydro plants win contracts to act as syncons, but payments to be kept secret appeared first on Renew Economy.

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Renew Economy Wednesday, December 17, 2025 - 14:02 Source

Regulator launches civil proceedings against NSW network operator over major blackout event that left thousands of customers without power for two weeks.

The post Regulator seeks penalties over Broken Hill blackouts, alleges Transgrid breached market rules appeared first on Renew Economy.

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Renew Economy Wednesday, December 17, 2025 - 13:49 Source

Australia's largest transmission project is now 90 per cent complete, with more than 10 million work hours clocked up to date.

The post Australia’s largest energy transmission project is now 90 pct complete appeared first on Renew Economy.

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MacroBusiness Wednesday, December 17, 2025 - 13:00 Source

The Westpac–Melbourne Institute Leading Index has been released, showing that Australia’s forward-looking economic momentum has slowed, with the six‑month annualised growth rate easing to +0.16% in November from +0.32% in October. While still positive, the index signals subdued growth over the next 3–9 months, reflecting share market volatility, weaker consumer expectations, and softening labour market

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Renew Economy Wednesday, December 17, 2025 - 12:57 Source

Junee Prime Lamb solarNSW abattoir wants to double the size of its solar array and add a battery in order to reduce its dependence on the grid at its peak consumption time in the afternoon.

The post NSW abattoir goes back for seconds on solar, adds a battery to cut dependence on the grid appeared first on Renew Economy.

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MacroBusiness Wednesday, December 17, 2025 - 12:05 Source

The taxation arrangements around electric vehicles (EVs) are a reverse Robin Hood arrangement that extracts taxes from ordinary Australians to distribute to the rich. A case in point is the EV fringe benefits tax (FBT) exemption, which was introduced in 2022 to make EVs more affordable for employees through salary packaging and novated leases. Treasury

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MacroBusiness Wednesday, December 17, 2025 - 12:00 Source

Overnight we saw the release of both the October and November US jobs reports which at first glance looked nominal but in reality show a worsening employment situations as jobs growth slows even as immigration goes into nearly reverse. A new 4 year high in the unemployment rate at 4.6% plus downward revisions on all

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Prosper Australia Wednesday, December 17, 2025 - 11:54 Source

Dig into bold ideas for a fairer, more productive Australia. Long summer days are perfect for catching up on the books, podcasts, and deep-dive content that challenge us to imagine a better economic future. Whether you’re by the beach, on the train, or hiding from the heat indoors, here’s a curated list of Georgist-friendly reads, […]

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MacroBusiness Wednesday, December 17, 2025 - 11:30 Source

Recently, a social media follower shared the chart below showing housing starts versus population in the United States and asked what it would look like for Australia. To provide an easily accessible comparison, the numbers were converted into housing starts (i.e., housing commencements in Australia) per 100,000 people over the last 40 years. The analysis

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