John Grimes, a stalwart of the Australian renewable energy industry and key negotiator of game-changing policies, has called time on nearly two decades as CEO of the Smart Energy Council.
According to reporting in the Sydney Morning Herald today, and from other conversations with journalists, it sounds like the federal Labor government is on the verge of announcing a plan to expand the size of the parliament prior to the 2028 federal election.
WARNING — BULLSHIT STORY FOLLOWS: Among the many grim milestones of a bloody war in Ukraine that has now been going for four years was one reached recently: For the first time since its invasion, Russia has lost troops faster than it can replace them.
IEEFA's Jay Gordon on how proposed changes to electricity pricing could strip away the benefits of Cheaper Home Batteries. Plus, news of the week.
The post Solar Insiders Podcast: How fixing network tariffs could break home battery economics appeared first on Renew Economy.
Fortescue’s electrification spend hits $1 billion-a-year “run rate,” as diesel savings start to flow
Fortescue says its electrification spend should hit a "run rate" of about $1bn a year to the end of the decade. And it is already banking savings from swapping out diesel.
The post Fortescue’s electrification spend hits $1 billion-a-year “run rate,” as diesel savings start to flow appeared first on Renew Economy.
Adelaide Airport managing director Brenton Cox has labelled immigration critics “economically illiterate”, arguing that lower immigration levels would hinder growth and hinder housing supply. “Those things (people say) like people coming to Australia are ‘taking jobs and taking our houses’… But the macro (economic) work absolutely disproves that”. “It makes clear (immigrants) are creating jobs
The ABS monthly number is out, and whoa! Both headline and trimmed mean came in 10bps above consensus. The details aren’t good, either. How has Australia managed to experience 4% goods inflation while China is flooding the world with dirt-cheap products displaced from the US? Energy shock, I’m guessing. The same is still playing out
The post Alboflation hot to trot in January appeared first on MacroBusiness.
The charts look absolutely horrible, but when Goldman does a seaonal comparions it’s not as bad. It compared the daily average volume during the 2026 CNY holidays (Feb15th-23rd) vs. 2025 holiday period (Jan 28th-Feb 4th): against an undemanding base, sampled primary markets recorded improvements with daily average volume rising +39%, while secondary markets registered more
The ABC reported that only half of the 22,000 homes approved for construction in Western Sydney are proceeding to construction because there are not enough buyers able or willing to pay enough to cover construction costs. KPMG urban economist Terry Rawnsley warned that interest rate rises would worsen the viability of new apartment projects due
Australia's most powerful battery is likely to continue to limp along at around half of its promised capacity for most of the year, with delivery of a replacement transformer expected in the second half of 2026.
Charts from TME. The IGV software index is trading at 23 RSI. Seventh level of hell. Yet AI remains a tool, not a process manager. The hallucination rate is still high and is a feature, not a bug of LLMs. My argument is that humans may have already proven themselves more useless and mistake-prone than
The post Dare the tech wreckage? appeared first on MacroBusiness.
The evidence from around the world shows that when you raise energy costs, your economy deindustrialises. Consider the following examples. Germany: Germany once had about 22 GW of nuclear power, producing over 160 TWh annually at a reasonable cost and with no emissions. Following the Fukushima accident in 2011, Berlin shut down 8 GW of
ANZ’s major projects series has some good and bad news. In 2024–2025, major projects in Australia’s pipeline will reach $71 billion. They are expected to peak at $105 billion in 2027–2028, later than ANZ previously thought. This change happened because project schedules and financial situations have changed. After a decade of huge public megaprojects, Australia’s