An Australian tech company has raised more funds to go toe-to-toe in international markets and join the race for engineering talent.
The post Australian tech company unearthing new capacity on the grid lands $1.1bn valuation after new capital raise appeared first on Renew Economy.
A complex web of investment, lobbying and public messaging is prolonging the life of the gas industry in Australia and the broader region.
The post Japanese gas giants meet Australian officials at least two dozen times since Labor elected appeared first on Renew Economy.
The Reserve Bank of Australia’s (RBA) latest forecasts, contained in the February Statement of Monetary Policy (SoMP), show that real gross domestic product (GDP) is expected to grow by just 1.6% in the year to June 2028. This is the central bank’s lowest medium-term growth outlook since it began releasing forecasts in 1990. Stephen Smith
Head of CIS program says data centres could come to the rescue of wind projects struggling to land long term contracts, particularly as wholesale prices fall.
The post CIS boss says wind developers hoping power hungry data centres can rescue struggling projects appeared first on Renew Economy.
Australia is currently receiving a large inflow of New Zealanders. New Zealand citizens are permitted to migrate to Australia using the Special Category visa (subclass 444), which allows them to live, work, and study there without needing to apply for a visa before arrival. New Zealand citizens with a valid New Zealand passport are automatically
Amid growing geopolitical turbulence and intensifying competition for strategic resources, the Arctic is becoming a key theater of global rivalry. Energy policy in the modern world is a central element of national and international strategy.
What exactly are Greenland’s riches that Trump wants so much?
The world’s most unpleasant nation, and the Albanese government’s best friend, has once again bared its fangs, not to mention its glass jaw. China’s largest steel maker has accused Australian rival InfraBuild of making baseless and self-serving claims to convince the Albanese government that substantial tariffs are needed on imported construction products. In attacking InfraBuild,
In late December, Melburnians were warned that they could soon face severe water restrictions following the steepest annual decline in water storage levels since the Millennium Drought. Melbourne’s water storages dropped from 86% to 75.1% in a single year—a fall of 239 billion litres—and authorities urged conservation measures and planning for new water sources, such
Former prime minister Tony Abbott has suggested police who punched protesters yesterday should receive a commendation, and officers at future demonstrations should be armed with tear gas and rubber bullets to safeguard against the “pro-terrorist protests we’ve seen too often” on Sydney’s streets.
Police who punched protesters should be praised, says Abbott
By Daniel Lo Surdo
The ostensible problem with East Coast gas supply is that it has no competition. The real problem is that energy policymaking has no competition, so there is nobody to hold Albo’s energy butchers to account. Albo’s half-baked idea for gas reservation is so nebulous that states and regulators are now in crisis, trying to figure
Leading independent economist Gerard Minack published the following chart illustrating the primary driver of Australia’s rental crisis: excessive population growth via immigration: After Australia’s international border was reopened in late 2021, net overseas migration surged, with just under 1.5 million net migrants arriving between Q4 2021 and Q2 2025. As a result, rental demand surged
The ABS released the December monthly spending indicator yesterday, and it came in weak at -0.4%. The quarterly rate was still high at 2.2%, and the annual rate was likewise 5%. Volumes were 0.9% for the quarter, so a solid contributor to GDP. The ABS attributed the downdraft to pull-forward from earlier sales, such as
The post Bad Santa ends hot consumer run appeared first on MacroBusiness.
Two different politicians announced their retirements today due to health reasons, causing two by-elections that are worth watching.
Kat McNamara won the Northern Territory seat of Nightcliff at the 2024 election, and was the first Greens MP elected in the Territory. McNamara came from third place to win on independent preferences.
Ross Kerridge led an independent team to win the lord mayoralty of Newcastle at the 2024 council election, defeating the sitting Labor mayor. Kerridge has announced his retirement as he deals with cancer treatments.
The Safeguard Mechanism is Australia’s principal policy for cutting emissions from the nation’s largest industrial facilities. So far it’s doing a pretty good job of safeguarding gas producers.
The post Australia’s key emissions reduction policy is doing a great job – of safeguarding gas producers appeared first on Renew Economy.
I absolutely stand by the right of Australians to protest. But why do it about Palestine? Australian of the Year Grace Tame condemned Herzog’s visit, earlier telling the crowd Australia was “a so-called democracy that punishes peaceful protesters like us, but welcomes a war criminal with open arms”. “A man … who said, and I
The post Welcome to the empty war Downunder appeared first on MacroBusiness.