When your leadership challenge turns into a joke before it even starts, it’s not a good look. Crikey. I rarely agree with Crikey these days, but Bernard Keane is right about this. Is Angus Taylor carrying out the single worst major party leadership challenge in Australian political history? …The stuttering, bumbling, on-again-off-again nature of Taylor’s
Australians have a resolute belief in the property market. The discount variable mortgage rate has soared from a low of 2.4% in April 2022 to a peak of 6.25% between November 2023 and January 2025 before falling to 5.5% following last year’s three 0.25% rate cuts from the RBA. Despite the surge in mortgage rates,
Last October, Deutsche Bahn (DB) launched a social media campaign with popular comic Anke Engelke in the main role. We watch Engelke, as train conductor Tina, and her team doing their best to navigate everything from defective doors to blocked toilets and broken-down trains — and, at the same time, keep passengers happy.
It is almost certain that the Albanese government will make changes to the capital gains tax (CGT) discount in the upcoming May federal budget. The fact that senior Labor MPs have not ruled out changes in recent interviews suggests that changes to the CGT discount are afoot, backed by a broad coalition of supporters. The
The post Would CGT changes harm the rental market? appeared first on MacroBusiness.
The second stage of what is already the biggest wind project in Australia has started sending power to the grid, and soon will be the first in the country to reach the gigawatt scale. The first 766 megawatt (MW) stage of the Golden Plains wind farm – majority owned and developed by Portugal-based TagEnergy – […]
Now that the Japanese ruling coalition has secured a majority in the lower house, Prime Minister Sanae Takaichi doesn't need to "immediately resign". However, attention remains focused on her recent erroneous remarks and actions.
In reality, the housing bubble has been eating into all levels of government budgets for many years. Stamp duty is a revenue component that has increased structurally over time. AHURI estimates that Australian governments have spent a total of $20.5 billion on first-home-buyer schemes of various kinds from 2012-2021. I’m guessing it is more than
DXY was firm overnight after a reasonable jobs report. AUD had another tearaway night. This story was not about US jobs, which should have capped it. It was about a rocketing JPY post-election and CNY still on the up. Oil and gold are both chasing Iran. AI metals were mixed. Big mining parabolas have never
The post Australian dollar joins the march of Japan appeared first on MacroBusiness.
In August last year, Health Minister Mark Butler set a target to reduce NDIS spending growth from its current annual rate of 8% to 5-6%. According to estimates from the e61 Institute, this 5-6% growth figure is roughly consistent with the cost pressures on the NDIS from inflation, population growth, and population aging. While there
The post NDIS growth surges higher appeared first on MacroBusiness.
Exactly 19 years ago on Tuesday [10/02/2026], Russian President Vladimir Putin took the podium at the Munich Security Conference and demolished the myths and falsehoods underpinning the American-led world order. Did anyone heed his warning?
To Russia, the “rules-based international order” has always been shorthand for a system in which the US makes the rules and issues the orders.
Unlike many countries, Australia does not allow balcony solar, which now even come with their own batteries. But that may change.
The post Moves afoot to bring balcony solar to Australia, and new wave of products has batteries included appeared first on Renew Economy.
Announcing targets is easy. Delivering on them is the hard part. Two years ago, the Albanese government, alongside the states, announced the National Housing Accord, which set a target of building 1.2 million homes over five years from 1 July 2024, equating to 240,000 housing completions annually. This target was always overly ambitious, given that
Renewables advocacy groups join the likes of Tesla to push back against proposals to increase the fixed network cost component of electricity bills.
The post Solar and battery households will be biggest losers from network tariff changes, advocates say appeared first on Renew Economy.
The UK's latest renewable energy auction has secured a record amount of new development capacity and the largest onshore wind project in a decade.
The post Renewables auction delivers record number of solar projects, biggest onshore wind farm appeared first on Renew Economy.