Australia's largest aluminium smelter has been handed a government lifeline to ensure it keeps running amid spiralling energy costs.
The post Australia’s biggest aluminium smelter gets promise of cheaper, renewable power from feds and state appeared first on Renew Economy.
Industry braces for imminent changes to the Cheaper Home Batteries rebate amid negotiations on steps to avoid a "boom-bust" scenario.
The post Bigger home batteries may get smaller rebates in urgent tweaks to red-hot household storage market appeared first on Renew Economy.
Late last month, Cotality and Proptrack published two critical housing affordability reports. Cotality’s research revealed that the national median home price relative to median household income reached a new high of 8.2 in Q3 2025, up from 6.4 five years earlier in Q3 2020. The amount of income required to service a new mortgage on
Major offshore wind project wins Major Project Status, in a show of commitment from the federal government just one week after another project was snuffed out.
The post Offshore wind plans given major project status as sector hits “critical inflection point” appeared first on Renew Economy.
From the Market Ear: Big in small Russell extending the break out move. This looks like an inverse head and shoulders formation. Plenty of room to run before we reach trend channel highs. The Russell fear fade Russell volatility, RVX, just closed at the lowest levels since March. Tech volatility, VXN, not so much… Wow
The post Silver Explodes, AI Wobbles appeared first on MacroBusiness.
Australia’s elite universities are accelerating their global expansion plans in response to the federal government’s decision to cap foreign student numbers. Concerned about losing revenue from international enrolments, institutions such as the University of Sydney, UNSW, and the University of Melbourne are exploring offshore campuses in Asia, the Middle East, and Europe, partnerships, and joint
By Andrew Purves Growing up in Hong Kong in the 1970s, I remember the noise and disruption of the Mass Transit Railway (MTR) construction. Cut-and-cover tunnelling tore up roads, while new property developments rose above the stations. These developments would reshape Hong Kong’s urban landscape — little did I know that I would be writing […]
The post Paying for Hong Kong’s mass transit railway first appeared on Prosper Australia.
When Labor was in opposition, then Shadow Treasurer Jim Chalmers was a strong proponent of a wide variety of metrics that are championed by economists as more accurate indicators of economic performance. This earned him respect, even from his rivals, though only behind closed doors. But since coming to power, his focus has often turned
NATO Secretary-General Mark Rutte warned Russia will come for the rest of Europe if its warmongering is not checked now, just moments before Ukraine’s allies gathered to discuss US President Donald Trump’s peace push.
“We need to be crystal clear about the threat,” the military alliance leader said in a speech in Berlin on Thursday. “We are Russia’s next target. And we are already in harm’s way.”
While most people are guilty of some level of hypocrisy, the hypocrisy afoot in today’s world takes some beating. Unfortunately, the worst hypocrites are in power in numerous countries and many, like me, seem relatively impotent in trying to at least highlight this hypocrisy, let alone remedy it.
The Australian Bureau of Statistics (ABS) will release the official population and migration data for the June quarter of 2025 next week. Ahead of the release of this data, the ABS has released various estimates suggesting that population growth has increased. Thursday’s labour force release for November contains estimates of the civilian population aged 15
In the last four years, expectations for the RBA cash rate have been wildly variable. Back in late 2021, the Commonwealth Bank was projecting a peak cash rate of just 1.25% by the end of 2023. While this estimate may seem low now, it was not alone at the time, as many economists and institutions
The post Albanese’ grave interest rate mistake appeared first on MacroBusiness.
Australians experienced one of the world’s largest declines in real per capita household disposable income after the pandemic, reflecting soft nominal wage growth amid high inflation, tax increases, and rising interest payments. Australia’s growth in real per capita household disposable income has also been among the softest in the world over the past decade, according