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Oz Blog News Commentary
Renew Economy Friday, March 6, 2026 - 13:12 Source

Final panel installed at Australia's first large scale solar-battery hybrid facility to connect to the main grid – a major milestone for a milestone project.

The post Last panel goes up at first solar-battery hybrid project to connect to Australia’s main grid appeared first on Renew Economy.

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Renew Economy Friday, March 6, 2026 - 13:11 Source

Plans to develop a 1GW wind farm in waters off the coast of Gippsland have progressed into the next stage of federal environmental assessment – another small step forward for the nascent industry.

The post Offshore wind project says it’s “fully prepared” as it heads into full environmental assessment appeared first on Renew Economy.

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MacroBusiness Friday, March 6, 2026 - 13:00 Source

New Zealand is slowly recovering from its sharpest economic downturn since the Global Financial Crisis. As illustrated below by Justin Fabo from Antipodean Macro, real GDP and income per capita have fallen sharply from their recent peak: New Zealand’s decline in real GDP per capita is among the sharpest in the advanced world: New Zealand’s

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Renew Economy Friday, March 6, 2026 - 12:22 Source

Truck train rural NSW small iStock-1150235761The economic case for electric trucks in Australia has become outstandingly clear over the past couple of years, and the payback period is just two to four years.

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MacroBusiness Friday, March 6, 2026 - 12:00 Source

Wednesday’s national accounts release from the Australian Bureau of Statistics (ABS) showed that government spending continued to be a key driver of GDP growth in 2025, continuing the strong growth experienced since the onset of the COVID-19 pandemic: The National Disability Insurance Scheme (NDIS) is a key driver of the growth in public spending, alongside

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MacroBusiness Friday, March 6, 2026 - 11:30 Source

Charts from TME. So far, oil is manageable. But oil volatility is through the roof. Europe does not like it. Investor enthusiasm for Europe could worsen. Ouch. EM bust. ROW equity stress is intense. Goldman reckons that, although many investors saw the news as somewhat misleading, markets recovered yesterday thanks to headlines indicating progress in

The post Stocks poised to crash appeared first on MacroBusiness.

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MacroBusiness Friday, March 6, 2026 - 11:00 Source

This week, I lambasted the Australian National University’s (ANU) Jill Sheppard for stating that donations and lobbying from big business on immigration are “actually good” because they sway politicians to keep immigration high against the wishes of Australian voters, who overwhelmingly want lower immigration: I argued that Sheppard’s testimony effectively said, “Screw what voters actually want. They don’t

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xkcd.com Friday, March 6, 2026 - 11:00 Source

In contrast to the deep booming sound associated with the cannon in pop culture depictions, recent studies show it actually made more of a 'toot toot!' noise.

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MacroBusiness Friday, March 6, 2026 - 10:30 Source

The ferrous market is doing its usual seasonal thing, but there is not much good news beneath the surface. China is imposing stricter regulations on BHP. China Mineral Resources Group (CMRG) told several traders this week to buy fewer seaborne cargoes of BHP’s flagship products: Mac fines, Newman fines and Newman lumps, according to two

The post China tightens BHP screws appeared first on MacroBusiness.

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MacroBusiness Friday, March 6, 2026 - 10:00 Source

The Victorian Government is actively seeking data centre investment. Victorian Economic Growth Minister Danny Pearson has become one of the most active political figures in Australia when it comes to courting data centre investment, and his approach combines regulatory positioning, direct industry engagement, and targeted government spending. Danny Pearson has: Promised light‑touch regulation. Highlighted rapid

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Renew Economy Friday, March 6, 2026 - 09:41 Source

 Winterbourne wind projectNeither opponents nor developers will be able to appeal appeal the final decision on three wind projects after NSW planning minister puts foot down.

The post NSW planning minister shuts down legal challenge for three wind projects sent to IPC appeared first on Renew Economy.

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MacroBusiness Friday, March 6, 2026 - 09:30 Source

Asian LNG prices have held at the recent spike highs, but they will go much higher very soon if the Strait of Hormuz doesn’t reopen. So far, good weather and perhaps the threat of gas reservation have left Aussie gas prices at their lowest in years. The weather is definitely playing a role, with mild

The post Australia dodges gas bullet, so far… appeared first on MacroBusiness.

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Renew Economy Friday, March 6, 2026 - 09:13 Source

1komma51komma5° launches its energy optimisation platform into the midst of Australia's Cheaper Home Batteries boom, with the promise that it can accelerate home battery payback by up to $1,500 per year.

The post “Turning point:” New AI platform promises to boost home battery payback by up to $1,500 a year appeared first on Renew Economy.

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MacroBusiness Friday, March 6, 2026 - 09:00 Source

DXY is still looming as the comeback kid amid World War Trump. The AUD finally buckled, but it has been buoyant during Asian hours as unhedged Aussie fundies buy hedges for their dying Mag7 bets. North is trying to stabilise. Good luck with that amid the Dire Straits. Gold is still liquidating, suggesting margin calls

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Renew Economy Friday, March 6, 2026 - 08:44 Source

Diapur wind farm Victoria BayWa re vestas turbineThe latest power quarterly survey from BloombergNEF highlights the rapidly changing shape and nature of Australia's main grid – and the new normal for coal and gas.

The post Wind and solar have eaten most of the coal industry’s lunch, and batteries are hoeing into its dinner appeared first on Renew Economy.

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