A solar and battery project proposed for the NSW Hunter region has been dropped by the developer, in what has been described as a "really welcome outcome" for local communities.
The post Developer drops coal country solar and battery plans in face of mounting local opposition appeared first on Renew Economy.
The Reserve Bank of Australia (RBA) revised its forecasts on CPI inflation and wage growth in the February Statement of Monetary Policy (SoMP), as summarised below: The key takeaway was that the RBA does not anticipate that real wages will recover over the forward estimates, as illustrated below: By the June quarter of 2028, Australia’s real
The six-month annualized growth rate of the Westpac–Melbourne Institute Leading Index, which shows how much economic activity is expected to change in relation to trend three to nine months from now, went down from +0.44% in December to +0.02% in January. Westpac argues, as I do, that the most recent data shows that the momentum
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The minutes from the RBA’s February monetary policy meeting were released on Tuesday. The key takeaways are that the RBA is highly uncertain about the outlook for inflation and interest rates: “Members agreed that the prevailing uncertainties meant it was not possible to have a high degree of confidence in any particular path for the
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Our off-grid luxury lodge combines a whole of system approach with renewables and storage, and a backup genset triggered only by indiscrete EV charging.
The post An all-electric, off-grid luxury lodge, powered entirely by solar, wind and a battery appeared first on Renew Economy.
Charts from TME. NDX is flirting with serious support levels while tech volatility trends higher.. Sag 7 in trouble. It’s pretty clear the market wants less capex spending. Apple is showing the way. Concentration is falling. NDX skew is nasty. Lot’s of bears here. Diffusion is extraordinary as the market gyrates wildly through winners and
The defeat of a climate suit against Santos has disappointed activists but opened the public's eyes to how the resources giant developed its net-zero targets.
The Australian Energy Market Operator’s (AEMO) July 2023 Transmission Cost Report, which was released alongside updates to the 2022 Integrated System Plan (ISP), stated that estimated costs for some major transmission projects had increased by up to 100% compared with 2022 ISP estimates. AEMO also said that “we recognise that higher costs for network development
“Tiny” Tim Wilson is your new shadow treasurer. New Coalition Treasury spokesman Tim Wilson has warned too many jobs are reliant on government support and vowed to put small business at the heart of his agenda, amid expectations real wages will go backwards for the first time in more than two years. With Labor set to
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The RBA minutes made clear there is no hurry to move again, either way. In considering what these observations implied for upcoming decisions, members agreed that the prevailing uncertainties meant it was not possible to have a high degree of confidence in any particular path for the cash rate. They pointed to risks on both
The post RBA will be pleased by crushed consumer appeared first on MacroBusiness.
Over the decades of America’s post-war history, few sectors have been as strongly protected as car manufacturers, with everything from bailouts to favourable regulations helping them survive in an increasingly competitive automotive landscape. Over the years, a well-trodden path for manufacturers seeking access to the American market with minimal to no trade barriers has been
Republican Senator Lindsey Graham has said Israel is ahead of the US in developing cutting-edge weapons.
The vicious and sustained campaign mounted against Francesca Albanese, the UN Special Rapporteur on the situation of human rights in the Palestinian Territory occupied since 1967, by Israel and the U.S. now includes the German, Italian, French, Austrian and Czech foreign ministers demanding her resignation.
The Increasing Attacks on Francesca Albanese Presage a New Dark Age
Palantir Technologies has been hacked, according to well-known blogger Kim Dotcom. The company develops software for intelligence and big data analysis.