Melbourne’s water storages have recorded their steepest annual decline since the Millennium Drought, driven by extreme dryness, record‑low inflows, and rising household demand. Melbourne’s storages dropped from 86% to 75.1% in a single year—a fall of 239 billion litres. Inflows from July 2024 to June 2025 were 36% below the 30‑year average, with January–June inflows being
A 250 MW solar project, that is adding a battery and won a federal CIS tender, is seeking EPBC approval for its plans to protect koalas.
The post Solar project seeks federal green tick for its koala protection efforts after winning CIS tender appeared first on Renew Economy.
Home of the fake left, The Guardian, should read this and weep. One Nation’s polling surge has continued with a record-high primary vote of 22% in the latest Guardian Essential poll off the back of ongoing Coalition chaos and rising social tensions. Meanwhile, there is widespread public support for the Labor government’s response to the Bondi
European states agree to spend €1 trillion to build the world’s largest energy hub in the North Sea and cut dependence on fossil fuel imports.
In the week before Christmas, the Albanese government unveiled their wet lettuce East Coast gas reservation policy, which will do little to enhance gas supply and lower prices. My biggest issue with the policy is that it would apply only to new gas projects beginning in 2027, and exporters would be required to set aside
The ferrous jaws must close! Scuttelbutt is bearish. More steel mills have started equipment maintenance in the run-up to the Lunar New Year holiday in February, dampening appetite for feedstocks including iron ore, analysts at broker Zhengxin Futures said in a note. Steelmakers in China typically conduct furnace maintenance during winter when demand weakens in
US consumer confidence dropped to decade lows (hard to do your shopping when ICE agents are dragging you out of your car) which was the real catalyst for another huge selloff in USD overnight as the DXY dollar index crashed to a four year low. Gold and silver surged to record highs again while Wall
The post Macro Morning appeared first on MacroBusiness.

BRUSSELS : NATO Secretary General Mark Rutte delivered one of the starkest warnings yet to Europe’s political class on Monday, forcefully rejecting the idea that the continent can secure itself without the United States and exposing the enormous economic and strategic costs of any attempt to do so.
Recently when the ABS released the latest housing finance data, it came with a headline unwelcome to anyone concerned about housing affordability: ‘Investment loans reach record high’ Now, if we were to wind the clock back 40 years to the mid-1980’s, the assessment of this headline would be entirely different. At that time, ABS housing

Vladimir Putin has offered to contribute $1 billion to join Donald Trump's Peace Council. But there's a catch.
South Australia set stunning new native demand record on Tuesday amid heatwave, but nearly all of it was met by wind and solar.
The post “Extraordinary:” Renewables to the rescue as state smashes demand records in unprecedented heatwave appeared first on Renew Economy.
The American madman wants a lower currency, and he’s going to convulse until he gets it. AUD is off the hook. Way overbought, but this has legs. CNY and JPY support. Gold wavered. Metals too. Maybe frotnrun. Big mining heaven. EM rocket. Junk no bueno. Curve steepened. Stocks ATH. How far and fast can the
The post Australian dollar flies as madman currency crashes appeared first on MacroBusiness.

On December 15, 2025, the European Union slapped sanctions on former Swiss intelligence officer and ex-NATO employee Jacques Baud. No day in court, no charges filed, just abrupt, suffocating, sanctions.
Japanese fans rushed to farewell the country’s last two pandas on Sunday ahead of their return to 