Alex Joiner, chief economist at IFM Investors, posted the following chart on Twitter (X) showing how underlying (trimmed mean) inflation in Australia has accelerated, raising the prospect that the Reserve Bank of Australia (RBA) will lift the official cash rate (OCR) by 25 bps at next month’s monetary policy meeting. The result meant that trimmed
Record renewables and storage, falling prices and emissions, lowest coal and plunging gas delivers much needed boost for federal government's energy transition.
The post “Landmark moment:” Prices plunge as renewables supply half of grid, batteries surge and coal hits new low appeared first on Renew Economy.
Ever since it became evident that Trump was likely to be re-elected, I’ve been among the most pessimistic of commentators on the likely course of US politics (most recently here for example). I’ve also been nowhere near pessimistic enough. I assumed that Trump would follow the course of dictators like Putin and Orban, gradually eroding freedom and making his own power permanent. Instead, he’s gone most of the way inside a year.
Documenting a real-world installation of residential solar, battery storage and EV charging system.
The post Video: How a typical Australian home becomes a small power station appeared first on Renew Economy.
Asian share markets are generally higher but all the activity has been localised here on a very hot CPI print that has all but guaranteed an interest rate rise at the RBA February meeting. This kept the Australian dollar elevated but that’s more about the “Sell America” trend as all undollars are dumping the “King”
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In the digital age, where critical infrastructure, defense platforms, and national secrets are protected not just by armor but by encryption, cybersecurity has become a cornerstone of sovereignty. Within the AUKUS alliance, the ability to share information securely—across three nations and across sectors—is no longer optional. It is foundational.
Work begins on contested wind project, which has fought off court challenges and vandalism, and is now owned by a state government agency.
The post Construction work begins on first Latrobe Valley wind project, just one month after state takeover appeared first on Renew Economy.
Company involved in energy upgrades scheme banned because it used doctored photos to make false claims about energy efficiency projects, regulator says.
There were no blackouts, but the generator outages in Winter Storm shows why the U.S. Department of Energy’s pro-fossil fuel policies are a problem.
The post Fossil fuels fail during massive winter storm in US, as 21 gigawatts goes missing in big freeze appeared first on Renew Economy.
New Zealand Prime Minister Chris Luxon has announced that the general election will be held on 7 November 2026, with Parliament dissolving on 1 October. The announcement comes amid tight and volatile polling, with NZ First rising sharply, Labour gaining ground, but the National‑led coalition still ahead. Recent polls from RNZ–Reid Research and Roy Morgan show
The AUD has de-anchored. How high is it going to go? First, it is way overbought, so expect a pullback. More broadly, I put the surge down to five factors: Policy risk undermining the DXY. CNY and JPY on the rise. Local monetary tightening. Global growth experiencing an early-cycle rebound. The gold bull market. The
The post How high will the Australian dollar go? appeared first on MacroBusiness.
Aaaand it’s gone… The sinking hulk of Chinese property is now completely submerged and headed to the bottom with the worst start to the year that anybody can remember. There is a run for the exits. Senitiment is in the gutter. Completions have started poorly. This indicates a negative outlook for commodity demand. Inventories remain
Despite being the world’s largest coal exporter and the second-largest natural gas exporter, Australia is facing an energy-scarce future. Under the Albanese government’s 82% renewable energy target (RET), most of Australia’s existing coal fleet is required to close, to be replaced by roughly 6–7 GW of new large‑scale renewable generation per year (plus several gigawatts