Two of the EU’s most powerful and controversial officials, European Commission President Ursula von der Leyen and the bloc’s Foreign Policy Chief Kaja Kallas, are struggling for control of the EU’s diplomacy and intelligence services in a confrontation “worthy of ‘Game of Thrones’,” the French newspaper Le Monde has reported, citing sources.
Pledges to triple renewables, reduce methane and double efficiency will deliver huge climate savings
Goldman has some whacky analysis of China today. October activity weakness not too alarming: China’s October economic data showed wide spread weakness, especially in property and investment. Most major indicators grew less than 5% year-on-year, and property new starts declined nearly 30% yoy. This downturn is partly due to technical factors, such as a high
All recent opinion polls show that Australian voters are fed up with excessive levels of immigration. People cite the impact on the housing market as a major concern. Recently, AMP chief economist forecast that Australia’s cumulative housing shortage is at least 200,000 and could be as much as 300,000. The latest projections from the National
The following chart from Alex Joiner from IFM Investors summarises how the billions of taxpayer dollars spent on energy subsidies have masked the rise in electricity costs: In 2024–25, households received up to $300 in rebates, and eligible small businesses up to $325, costing the federal budget $3.5 billion. In the May 2025 Budget, the
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It is maddening watching the Domain newspapers distort everything about property. Real estate agents will have to disclose a home’s reserve price well before buyers attend auctions under Australian-first laws aimed at tackling rampant property underquoting in Victoria. The fundamental change, to be announced by the Allan government on Thursday, follows this masthead’s Bidding Blind investigation, which
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The ferrous complex reamins paralysed by the jaws. Goldman has some intelligence from the ground. Steel: steel demand is seen as reasonable to solid/stable, with ongoing weakness in property and infrastructure construction sectors being offset by strong demand from manufacturing, auto, shipbuilding, machinery and exports. All steel mills we had meetings with are seeing the
The Market Ear. NVDA performance Over the past eleven releases since ChatGPT launched, NVDA’s massive 10x rally hasn’t come from earnings-day pops: day-after and week-after moves have typically lagged, while the month before earnings has usually been the strong stretch. This quarter breaks that pattern, NVDA is flat heading into results, with recent earnings cycles showing weaker
Treasurer Jim Chalmers doesn’t know when to shut up. On Wednesday, the Australian Bureau of Statistics (ABS) posted wage price data for the September quarter of 2025, which showed that real inflation-adjusted wages fell by 0.5% over the quarter: The decline took Australian real wages back to mid-2011 levels, tracking 6.4% below the mid-2020 peak.
Federal energy and climate minister Chris Bowen touted South Australia’s world-leading renewables share in a final pitch to secure hosting rights for next year’s COP31 UN climate conference. Appearing at the COP30 climate conference in Belem, Brazil, on Tuesday, Bowen unveiled a report from the Clean Energy Investor Group (CEIG) boasting South Australia’s three-quarter share
