Video shows dramatic collapse of a 20-year-old wind turbine that falls on to a neighbouring road.
The post Twenty-year-old wind turbine collapses, narrowly missing parked car, dramatic video shows appeared first on Renew Economy.
Despite the record heatwaves, renewables provided nearly 50 pct of grid demand in January, and big batteries kept the pricing down in the evening peaks.
The post Batteries clip the peaks as renewables meet nearly half of all demand in January, despite record heatwaves appeared first on Renew Economy.
Chart from TME. Why have stocks ignored collapsing trade, the Chinese crash, anarcho-imperialism, civil, fiscal and monetary instability in the US? In a word: earnings. Kicking. Arse. Better still to come if AI delivers. Carving it up. Easy money. Roaring economy. Trending off planet. M&A bouncing. Not much to criticise there.
The post Why do stocks keep igoring all risks? appeared first on MacroBusiness.
It is hard to believe it was ten years ago that the Kouk (who?) fought a tremendous battle against conservative commentators over plain packaging for durries. He claimed a mighty victory. Tobacco consumption has plummeted a staggering 17.5 per cent since the plain packaging laws were introduced in late 2012. Stick that in your pipe
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The federal government has set a target of 50% of all car sales being electric by 2030, whereas AEMO assumes near total electrification of the vehicle fleet by the 2040s. Current sales trends are underwhelming. The chart below shows that battery electric vehicle (BEV) sales (green line below) failed to launch in 2025, with only
The Albanese government is on track to collect far more personal income tax than expected this financial year, as higher‑than‑forecast inflation pushes workers into higher tax brackets. Treasury forecasts inflation of 3.75% for 2025–26. However, CPI has already risen 2.7% in the first six months, meaning the full‑year figure is likely to be higher. The Reserve
Charts from TME. ‘Tis a mighty bust. But has not reached the 100day MA. RSI collapse. Not a CME story. A China story. More. Chinese traders, including homemakers and hedge funds, are experiencing big losses after a record rally in gold ended with a sharp market reversal. The reversal was triggered in part by the
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In the decade to June 2025, NSW’s population expanded by 977,703, driven by 884,772 net overseas migration (NOM). The state lost 245,211 residents to other jurisdictions over the last decade, which was mostly offset by a natural increase of 403,898 (i.e., births minus deaths). With NSW’s fertility rate of only 1.55 births per woman, most
Historically, a “lame duck” U.S. President is an incumbent who is in their final term, has seen dramatically reduced political influence and congressional support, or has lost their reelection campaign. Currently, on paper, Trump has significant power, with Republicans holding the White House, Congress, and the Senate. But by mid-November, with the midterm elections looming,
When the Albanese government came to office, it quickly raised Australia’s permanent migrant intake by 30,000 to 195,000 annually. It also raised the humanitarian intake by around 7,000 annually to 20,000. The permanent migration intake has since been reduced back to 185,000. So, along with the 20,000 annual humanitarian intake, the official permanent migrant program
South Australia Liberal Party unveils $20 million election promise to deliver discounted rooftop solar systems for rental properties, in a last-minute pitch to voters.
The post South Australia Liberals pitch cheap solar for renters in lead-up to state election appeared first on Renew Economy.
The conservative commentariat that didn’t want rate cuts last year is urging the RBA to increase rates tomorrow, but it may not happen, Michael Pascoe writes.
The money market betting is that the Governor Michele Bullock will announce a 25-point rate rise Tuesday afternoon. The herd is following the preferred commentary of the national media, much of which hasn’t forgiven the RBA for cutting rates last year.
ANZ job ads are in their strongest surge in three years. Labour demand often rises at the beginning of the year (the job advertisements series grew 6.2% m/m in January 2019 and 3.9% m/m in January 2017). The increase in January comes after the unemployment rate dropped to 4.1% and employment increased by 65.2k in
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Capacity payments jump sharply as regulators focus on big batteries with more storage. And despite the drop in cells prices, other costs have gone up.
The post Big batteries to get paid a lot more for having six hours of storage instead of four appeared first on Renew Economy.
Overnight saw the release of a very strong US ISM manufacturing PMI print which gave industrial stocks on Wall Street a big lift and will likely spread to a risk on mood here in Asia on the open. The USD saw a small lift against most of the undollars as Euro fell below the 1.18
The post Macro Morning appeared first on MacroBusiness.