I have been bullish on gold for a few years, but my view has recently pivoted to “sell the rips”. My reasoning for this is that the drivers of the gold rally have been materially weakened in recent weeks. First, we had the appointment of Kevin Warsh as the successor to the FOMC chair. He
The post A goldmine of gold charts appeared first on MacroBusiness.
Via the ABS comes Labor Force in seasonally adjusted terms for January 2026: unemployment rate remained at 4.1%. participation rate remained at 66.7%. employment increased to 14,703,800. employment to population ratio decreased to 63.9%. underemployment rate increased to 5.9%. monthly hours worked increased to 2,013 million. full-time employment increased by 50,500 to 10,155,500 people. part-time
The federal government’s latest State of the Environment (SOE) Report explicitly ranked population growth as having a “very high impact” on Australia’s biodiversity, outranking climate change. The report states that “population growth contributes to all the pressures described” and that “each person added to our population increases demand on natural resources to provide food, shelter
War or peace? Diplomacy or disaster? Tonight on The Mother of All Talkshows, George Galloway tackles the global storm gathering over Ukraine, Iran, Gaza and Washington.
A day after announced full commercial operation of its Supernode battery in Brisbane, Quinbrook has submitted plans for Supernode North to the EPBC.
The post Quinbrook gets cracking on federal approvals for second huge Supernode batttery appeared first on Renew Economy.
Spanish police have made arrests after man died from electroc
Because a banker said it, the AFR reckons it must be true! National Australia Bank chief executive Andrew Irvine has warned that the nation has hit “peak Australia” and will not grow unless productivity improves, as data revealed real wages have gone backwards for the first time in two years, intensifying the economic challenge facing
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A battery brand cracked the top three on SolarQuotes in under a year. Their secret? Powering an animal shelter before chasing your wallet.
The post The battery brand winning Aussie hearts: Anker SOLIX hits top 3 by powering what matters appeared first on Renew Economy.
What if the clean energy transition is led not by utilities, but by the data and AI industry? Luis F. Gonzalez says AI doesn’t just use electricity - it reshapes who builds and controls the grid.
The post SwitchedOn podcast: How will the data industry control the future of clean energy? appeared first on Renew Economy.
Soaring energy costs have contributed to Australia’s declining manufacturing sector, which is the smallest in the OECD as a share of GDP. Alex Joiner, chief economist at IFM Investors, illustrated the manufacturing sector’s energy problem in the following chart: Natural gas input costs in manufacturing have increased by 186% since 2000, while electricity prices have
Plans to develop a 200MW, two-hour battery in NSW have been sent to the Independent Planning Commission after attracting 61 objections, mostly from people living hundreds of kilometres away.
In a social media post late last year, Housing Minister Clare O’Neil claimed: “Why is housing so tough right now? Because for 40 years our country hasn’t been building enough homes.” But is that actually true? Today’s Numbers It’s certainly correct that Australia is currently not building enough homes and hasn’t been for quite some
The post Busting Albo’s housing myths appeared first on MacroBusiness.
On Wednesday, I wrote an article explaining how both China and India—the world’s largest and third-largest carbon emitters (combined share of 40.1% of global emissions in 2024)—planned to aggressively expand their coal production and generation. China currently produces around 10 times more coal than Australia, and India over two times more: Both nations also import
