Australia's year long wind investment drought broken as Tilt reaches financial close on a 108 MW wind project.
The post “The investment drought is breaking,” says CEO hails first Australia wind project to reach financial close in 2025 appeared first on Renew Economy.
A sea of red across Asian share markets with the rough start to the trading week continuing as a wider risk off tone deepens, all mainly due to tech stock volatility. The absence of bad economic news is not helping as markets start to pivot to the series of central bank meetings and tonight’s double
The post Macro Afternoon appeared first on MacroBusiness.
Nelson Review chair tells Renew Economy that the final draft includes no major changes, but some important tweaks - including on tenor and visibility.
The post No major changes but some important tweaks in final Nelson Review – more visibility, shorter tenors appeared first on Renew Economy.
Tonight I will be appearing on DFA Live with Martin North from 8.00pm AEST, where we will discuss everything to do with the housing market and economy. The YouTube feed is below. I hope to see you there.
The post Join me tonight on DFA Live with Martin North appeared first on MacroBusiness.
State and federal energy ministers endorse Nelson review proposals to replace CIS in 2028 - with the notable exception of the Queensland LNP government.
The post Energy ministers endorse Nelson market review to succeed CIS, with the exception of Queensland appeared first on Renew Economy.
The S&P Global Flash Australia PMI was released, reporting the “softest expansion in private sector output in seven months” in December: The key points are as follows: Flash Australia Composite PMI Output Index: 51.1 (Nov: 52.6) Flash Australia Services PMI Business Activity Index: 51.0 (Nov: 52.8) Flash Australia Manufacturing PMI: 52.2 (Nov: 51.6) Flash Australia
Gold measured in Australian dollars has more than doubled since 2023: This is during a period of relatively calm valuation in AUD vs USD with a 10% dip that has now recovered back to 2023 levels: Of course Bitcoin and other crypto inventions have quadrupled over the same time period, but their future is a
The post Australian dollar goes for gold appeared first on MacroBusiness.
New investment in renewables and storage has "dropped off a cliff" in first year of new LNP state government in Queensland, new data shows.
The post Crisafulli LNP government’s first year devastates new renewable energy and storage investment in Queensland appeared first on Renew Economy.
I reported last week on how increases in tobacco excise have resulted in a significant decline in Australia’s tobacco excise revenue. While illegal cigarettes are easily accessible and cost about $15 a pack, a legal packet of cigarettes now costs about $50 (tax and excise account for about $34). The Australian Bureau of Statistics (ABS)
The monthly Westpac consumer sentiment index has been released, which has snapped back into pessimistic territory after last month’s aberration, falling 9% over the month to be sitting below levels seen in August and September. Consumers are increasingly worried about interest rates, inflation, and family finances, though labour market expectations remain stable. The main index
Star of the South has become a Gippsland landowner as it makes space for underground cables to come ashore, and has also filed its EIS.
The post Star of the South hits major planning milestone, buys land for cables as it files “most comprehensive” EIS appeared first on Renew Economy.
The recent Canadian federal budget revealed that migration levels are expected to remain dramatically below pre-COVID levels across the entire forward estimates. Under the Carney government’s migration policy, the share of the Canadian population made up by temporary visa holders is to be reduced from a peak of 7.5% to 5% by the end of
The post Canadian migration is going to zero appeared first on MacroBusiness.