Blogotariat

The largest fully operating battery on Australia's main grid has been officially opened on budget, with the $1.2 billion project delivered on time and budget.

From a firm’s perspective, the emergence of a new technology wave is a new opportunity to generate a financial return. The question is precisely how. That topic remains as salient today, in the era of artificial intelligence, as it was when firms first encountered smartphones, the commercial internet, and personal computers.

Before we fully embrace this new era, let me suggest that we review lessons from the most recent era of technology adoption. In particular, let’s focus on consumer computer technologies (CCTs) – the mix of the mobile ecosystem and the widely used internet, enhanced by Web 2.0.

A “just peace” between Russia and Ukraine is only possible if the sides agree to halt the fighting along the current front lines and then move on to talks, Ukraine’s top military commander, Aleksandr Syrsky, has said. Moscow has argued that a pause would only benefit Kiev and allow it to regroup its battered army.

Ireland, Spain, the Netherlands and Slovenia will boycott the 2026 Eurovision Song Contest, after it was decided Israel could compete. 

They were among a number of countries who had called for Israel to be excluded over the war in Gaza and accusations of unfair voting practices.

The International Olympic Committee on Friday announced that athletes from Russia will once more be allowed to compete at the 2026 Winter Olympics under a neutral banner if they meet strict conditions.

"The Executive Board will take the exact same approach that was done in Paris," said IOC president Kirsty Coventry, referring to last year's Olympics where Russian athletes could only take part under a neutral flag and in individual events.

Finland, ranked the world's happiest nation for eight years and traditionally one of the European Union’s most fiscally disciplined countries, has just received a wake-up call from Brussels.

International Reading: Trump Official Panics as Brutal Jobs Report Blames Trump’s Tariffs – New Republic Donald Trump Jr-backed start-up scores $600mn US federal government deal – FT Trump says national debt is ‘peanuts’ and his tariff income will pay everyone a $2,000 dividend too—but the math doesn’t add up – AZ Express Main Street reels

The post Weekend Reading & MB Media Appearances appeared first on MacroBusiness.

Australia's home battery rebate being eaten up by systems sized at 50 kWh and above, new data shows, amid rumours that changes to the policy's settings are afoot.

According to Cotality’s Pain & Gain Report for the September quarter, 94.8% of sellers across Australia achieved a record-high median profit of $315,000, up from $305,000 in the previous quarter. Since then, dwelling values posted two strong rises in October and November, increasing capital gains for holders of Australian property. The situation across the pond

The post New Zealand fires housing warning at Australia appeared first on MacroBusiness.

Victoria has legislated a target to source 95% of its electricity from renewable energy by 2035. This is one of the most ambitious renewable energy targets in Australia and globally, designed to accelerate the state’s transition away from cheap brown coal and toward cleaner energy sources, such as wind, solar, and storage. The target is

The post Victoria faces expensive, unstable power grid appeared first on MacroBusiness.

Some WEF boffins are making no sense. Australia could double its iron export revenues to AUD250 billion ($162 billion) a year by shifting to low-emissions green iron. The country must accelerate two or more commercial-scale green iron ‘lighthouse’ projects by 2027 to secure first-mover advantage. A shift to green iron could help Australia cut up

The post The green steel revolution is cancelled appeared first on MacroBusiness.

The Market Ear on some growing crosscurrents for stocks. Trying The 10 year holding “stubbornly” around that big 4.1% level. A close slightly higher and things could get a bit squeezy. Note the negative trend line from May as well as the 50 day around these levels. Source: LSEG Workspace The Jaws gap Japanese vs.

The post Stocks confront commodities blowoff appeared first on MacroBusiness.