Ukrainian President Volodymyr Zelenskyy held a meeting with Pope Leo XIV at Castel Gandolfo, located outside Rome.
Research by Super Consumers Australia has found that the typical single retiree paying rent needs $659,000 in superannuation to enjoy a financially secure future, more than twice the $322,000 required by a homeowner. Couples face a similar gap: $786,000 for renters versus $432,000 for homeowners. Renters are three times more likely to struggle financially in
ISP warns of missed targets and added costs from delays, and as LNP throws coal spanner in the works
AEMO's latest ISP says wind, solar and storage still cheapest option to replace coal, but warns that slower rollout may result in missed targets.
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The ISP remains the best planning document stakeholders could wish for. Its weakness is it’s only a planning document, someone else has to implement it.
The post AEMO’s latest ISP plots a steady course, but private sector is running out of excuses appeared first on Renew Economy.
Contractor signed up for early works at one of the biggest battery projects in Queensland, with construction to start next year.
The post Contractor signed up for early works at one of Queensland’s biggest battery projects appeared first on Renew Economy.
All eyes on the RBA in its last meeting of the year today with a hawkish hold the expected outcome which gave the Aussie dollar a small boost but stocks didn’t like the result. Other Asian share markets are on the back foot due to a listless Wall Street as we head into the final
The post Macro Afternoon appeared first on MacroBusiness.
Two renewable energy projects have taken important next steps forward this week in state's race to meet pledge to quit coal by the end of the decade.
The post State moves ahead on new wind farm and Indigenous-backed energy parks in race to quit coal appeared first on Renew Economy.
As expected, the Reserve Bank of Australia (RBA) has unanimously chosen to keep the official cash rate on hold at 3.60%. In its media release accompanying the decision, the RBA suggested that “temporary factors” are behind much of the recent rise in inflation, but also admitted that it is unsure of the extent: While inflation
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European leaders have said "now is a critical moment" to ramp up support for Ukraine and put pressure on Russia to bring an end to the war.
From the Market Ear Two weeks of “agony” Two weeks ago, positioning was falling, HFs were net sellers, hedging was picking up, CTAs were cutting exposure, and Retail flow was fading. Shorts were working, and HF alpha held up. Now everything has flipped, buying has surged across cohorts, the 1-week change in JPM’s US Tactical
Federal Labor's Cheaper Home Batteries rebate needs urgent tweaks to its settings and eligibility criteria, peak industry body warns, to avoid a "boom-bust cycle."
The post Industry calls for urgent changes to Cheaper Home Batteries rebate, to avoid harmful “boom-bust cycle” appeared first on Renew Economy.
An article about wind droughts published on the front page of the Weekend Australian is not quite the "gotcha" moment author Chris Uhlmann claims.
The post What’s wrong with this chart? A short case study in graphical misinformation appeared first on Renew Economy.
Financial markets are now tipping that the Reserve Bank of Australia (RBA) will deliver a 25 bp increase in the official cash rate in 2026, most likely in the second half of the year. This view is based on the acceleration of trimmed mean inflation, as well as recent solid domestic demand reported in the
The post Soft labour market keeps RBA in check appeared first on MacroBusiness.