Cotality has a rather hopeful press release. Momentum returns to the building sector The Cordell Construction Cost Index (CCCI) recorded a 1.0% increase in construction costs nationally over the December 2025 quarter, the strongest quarterly growth of the year. This marks a notable acceleration compared with the previous quarterly increases of 0.4%, 0.5%, and 0.6%,
Charts from TME. Is there a relationship between the Japanese long end and gold? Maybe. If so, YCC would create a divorce. Gold volatility says there’s no panic yet. Same regarding speculators. CTAs are more fully invested. The miner’s leverage to prices is normal. A few overheated signs. My own view is that gold is
When an Australian major party loses a federal election, it produces an internal report, or, as elements of the media describe it, an autopsy of what went wrong and what may have been managed better. The report into the disastrous campaign and defeat of the Coalition was in its final stages when former Liberal Leader
ANZ – Consumer Confidence at Royal Morgan slumped 5.2 points to 79.3 points from 5.2 points last week. This was the biggest weekly decline in confidence since the RBA raised the cash rate to 3.35% in February 2023. After a modest recovery following the implementation of Stage 3 tax cuts in July 2024, consumer confidence
The post Consumer confidence plunges with jobs appeared first on MacroBusiness.
In 2012, the Gillard government declared that the 21st century would be the “Asian Century”, and produced a White Paper detailing its expectations for how things would play out, entitled “Australia in the Asian Century”. It included expectations such as a baseline scenario predicting China would grow at 7% each year from 2012 to 2025,
EPBC reforms blamed for creating enough uncertainty for global energy giants to withdraw their application for controversial carbon capture and storage project.
The post Massive carbon capture and storage project pulled from EPBC because of reforms to federal act appeared first on Renew Economy.
The life extensions to giant coal plants are being driven by fears about grid "security", and may not be addressed while spinning machines are regarded as the only cure.
Washington: Australia’s reputation among US conservatives went from “beloved to shot” during the COVID pandemic, MAGA stalwart Steve Bannon says, but the relationship has been resuscitated under Donald Trump and Anthony Albanese.
Human beings! So vulnerable, venal and corrupt. It’s almost amusing from a high altitude. Yet on the ground, it is closer to maddening. The country’s largest coal power station will run for almost two years longer than planned after owner Origin Energy said an extension was needed to keep the grid secure amid a slower
Charts from TME. Penty of room for a healthy correction. Not so healthy for tech. Iiiieeeeehhhwww. Volaltity structure more bearish but not crazy by any means. There’s no rush for protection. But perhaps there should be. Err, there definitely should be. This chart is a doozy. When everybody is bullish… Be bearish. Especially as markets
The post Stocks crash without cash appeared first on MacroBusiness.
The ferrous jaws have eased, but nowhere near enough. The news is amusing for bears. BHP Group’s iron ore discounts following Chinese pressure are “optical, temporary and economically bounded” and don’t reflect a decline in the mining giant’s pricing power, according to RBC Capital Markets. The world’s largest mining company is deliberately absorbing the discounts
Wall Street came back from its long weekend holiday and sold off immediately in response to the EU revokation of the previous Trump-induced 2025 trade deal as the fallout from the shambles over Greenland hit all risk markets. Treasury yields spiked as European bondholders started selling off US bonds, with the 10 year up near
The post Macro Morning appeared first on MacroBusiness.
UAE, Belarus, Bahrain join Trump's Board of Peace alongside US rivals China, RussiaNorway was invited to serve on the board as well, but refused the offer. The Norwegian Foreign Ministry did not provide an immediate explanation.
The United Arab Emirates and Belarus accepted the invitation to join US President Donald Trump's "Board of Peace" on Tuesday.
Solar growth also met all of the daytime growth in electricity demand in the US, as well as some of the growth in demand in the evenings, with the help of batteries.
The post Solar accounts for three-fifths of US electricity demand growth in 2025, despite Trump’s best efforts appeared first on Renew Economy.