The market does enjoy watching a good war. But this is still not all clear, in my book. This is especially true now that the Straits are closed. Goldman reckons due to the collapse of oil flows through the Strait of Hormuz, damage to energy infrastructure, and storage congestion that caused Iraq to reduce oil
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The Australian Bureau of Statistics (ABS) on Tuesday reported a 0.9% increase in public sector demand in the December quarter, which was estimated to contribute 0.3 percentage points to GDP for the quarter. Public demand, which comprises all federal, state and local government spending and investment, totalled $198 billion in the three months to December.
Victoria continues to swing to One Nation. According to a RedBridge Group/Accent Research poll cited in the AFR, One Nation, which was not a choice in the previous survey conducted in December, is at 24%. Labour is down 6 to 25%, the Coalition is down 12 to 28%, and the Greens are up 1 to
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Wednesday’s December quarter national accounts release from the Australian Bureau of Statistics (ABS) came in hot, with GDP rising by 2.6% in 2025, above the RBA’s latest forecast in the February Statement of Monetary Policy (SoMP): Viewed alongside the higher-than-target inflation and lower-than-forecast unemployment rate, the strong GDP print suggests that the RBA will be
Donald Trump has criticised Keir Starmer again over the UK’s refusal to aid the offensive strikes on Iran, saying the “relationship is obviously not what it was”.
Canadian PM Mark Carney has raised the median IQ in Australia for a few days. The world order is undergoing a rupture and the old norms of the rules-based international order are being erased, and that new system that will emerge ultimately is yet to be built. Global institutions have often been too slow to
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The ferrous market does love seasonality, and no sooner has it closed the jaws than it is reopening them. This is part short squeeze, part hope for stimmies, with a dash of Iran thrown in. Futures markets have gotten rather short over the last month, so some corrective medicine was due. Second, hope for stimmies
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From Afghanistan to Iraq and Libya, repeated military interventions have weakened rather than strengthened US power. With new strikes on Iran launched without congressional authorisation, the pattern of executive overreach and strategic miscalculation deepens.
In a normal post-pandemic year, auction clearance rates in Sydney leap out of the gates as the holiday season hibernation period ends and the property market surges in February and March. In 2022 and 2024, this period had the highest clearance rates of the year. Without an external catalyst, such as movements in interest rates,
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Since I don’t suffer from memory problems or cognitive deficiencies, I am able to remember in 2024 that (the candidate) Trump promised that he would “end the Ukraine war in 24 hours” if elected, even stating he would do it before being inaugurated. I’m still waiting on that.
When the United States invaded Iraq in 2003, many of us knew, and argued loudly, that the American public was being lied to. We knew that Iraq had no weapons of mass destruction and could back up our claims. The war went ahead anyway, but eventually, the lies were exposed.
Debunking the Lies of the Iran War
Australia is suffering its worst rental crisis in living memory. Advertised rents have soared by around 47% since the end of 2019, according to Cotality, adding around $11,470 to the annual cost of renting for the typical Australian: Australian rental vacancy rates are also tracking at historical lows, at around half pre-pandemic levels: Cotality shows
The printed solar technology spun out of the University of Newcastle has secured a $2.1 million federal government grant to help fund a commercial-scale pilot.
The post Australian printed solar technology used to power Coldplay world tour secures federal funding appeared first on Renew Economy.