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Articles from MacroBusiness

Population growth hampers Australia’s emissions reductions

February 27, 2026 - 00:01 -- Admin

The Department of Climate Change, Energy, the Environment and Water (DCCEEW) has released its National Greenhouse Gas Inventory for the September quarter of 2025. It shows that overall greenhouse gas emissions declined by 1.9% over the year to September 30, 2025: As illustrated above, Australia’s total greenhouse gas emissions are tracking at the same level

CGT concerns don’t stack up

February 26, 2026 - 13:00 -- Admin

The Real Estate Institute of Australia (REIA) has attacked the proposed reduction in the capital gains tax (CGT) discount, arguing that: Reducing the CGT discount (from 50% to 25%) would push landlords to raise rents to compensate for lower after‑tax capital gains. The proposed reduction could potentially affect about 2.4 million renting households. In a

Data centres, not mines, dominate Aussie investment growth

February 26, 2026 - 12:38 -- Admin

ABS private capex numbers are out and are impressive, if rather narrow. Future capex is expected to rise 7.3% over the next year. Growth in equipment and machinery has soared to 14.3%. Driving the lion’s share of services investment. While mining capex is expected to fall o.4%. The industry segments provide a clear picture. Data

Victoria: Land of the union grift

February 26, 2026 - 12:00 -- Admin

Victoria’s infrastructure program—intended to support a fast‑growing population—has been undermined by corruption and lawlessness. Productivity in the construction sector has fallen over the past decade, while costs have risen sharply. Investigations into the Victorian branch of the CFMEU uncovered systemic criminality and corruption across major construction sites, including: Violence and threats of violence. Infiltration by

Tech unwrecks

February 26, 2026 - 11:30 -- Admin

Charts from TME. NDX is holding at a convergence of massive support lines. Tech volatility is still ramping on the IA fear trade churning under the bonnet. Puts galore! The last time volatility hit these levels, the squeeze was impressive. Are we at peak capex? If so, the money from hyperscalers will soon flow back

Chinese Golden Week still in the brown

February 26, 2026 - 10:30 -- Admin

Data from China’s Golden Week Lunar New Year holiday is filtering through, and it’s another bust, after all. The hospitality industry’s growth momentum from long holidays before Lunar New Year (LNY) Golden Week strengthened but it was all about numbers not per capita spending.. After taking into account the length of the holidays, domestic visitors

Billions of taxpayer dollars wasted on EVs for minimal carbon abatement

February 26, 2026 - 10:00 -- Admin

Climate Change and Energy Minister Chris Bowen is celebrating the tiny 0.4% decline in Australia’s transport emissions in the year to September 2025, which Bowen claims is “proof” that his government’s heavy subsidisation of battery electric vehicles (EVs) is working. “We are on track to meet our climate targets if we stay the course and

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