Blogotariat

Labor has missed so many opportunities to rid the nation of this economic millstone that I have no faith it is about to do so. Yet the gas cartel is weak, leaderless, and divided. Top gas executives will gather in Perth this week in a last-ditch attempt to shape the Albanese government’s overhaul of the

The post Rotten gas cartel ripe for slaughter appeared first on MacroBusiness.

Federal government gives quick, conditional approval for one of the country's biggest battery projects, located near giant smelter.

Since the start of 2025, the Australian labour market has been on a rollercoaster. It has produced month-on-month results that any government would gladly take credit for, such as the October print, and it has produced results that policymakers would rather forget, such as the 52,800 jobs lost in the February release. But cutting through

The post A shock driver of Aussie employment growth appeared first on MacroBusiness.

Danny [Daniel Davis] explains that after years of stalled efforts, there are now real signs that the Russia-Ukraine war might be moving toward a negotiated settlement. A secret 28-point U.S.–Russia peace proposal is reportedly being drafted, inspired by Trump’s earlier ceasefire framework used in the Israel–Hamas conflict. The plan reportedly covers four broad categories:

ending the war,

security guarantees for both sides,

a new European security structure, and

I explained this week how the Albanese government has taken specific actions to bolster the flow of international students into Australia. These actions come as the number of international students and graduates in Australia is tracking at a historically high 3.2% of the nation’s population as at Q3 2025, up from the pre-pandemic peak of

The post Student visa fraud on the rise appeared first on MacroBusiness.

Ukrainian leader Vladimir Zelensky could fire his influential chief of staff, Andrey Yermak, as a full-scale “riot”unfolds within parliament over a vast corruption scandal that allegedly links Yermak to a roughly $100 million kick-back scheme in the country’s energy sector, according to several media reports and lawmakers.

It’s been three long, very long weeks, but the scaffolding finally came down around the house this morning. It went up so the roofers could get up top and repair some damage I didn’t even know was up there.

Market operator forced to intervene three times as rooftop solar send demand below zero and issued instructions to big battery owner.

A Queensland council rejected the planning application for a 500 MW, 1000 MWh big battery, but a court has overturned that decision.

I have argued repeatedly that rising unemployment is the key condition that must be met for the Reserve Bank of Australia (RBA) to deliver another interest rate cut. As illustrated below by Alex Joiner from IFM Investors, the latest Statement of Monetary Policy (SoMP) from the RBA forecasts that the headline unemployment rate will remain

The post RBA keeps keen eye on Aussie unemployment appeared first on MacroBusiness.

In the first poll after his inauguration, from YouGov, U.S. President Trump held a surprisingly strong level of net approval among Americans aged 18 to 29. Of all the age demographics assessed, 18 to 29, 30 to 44, 45 to 64 and 65+, Trump held his second-highest net approval rating in the 18 to 29

The post Trump’s support implodes with the young appeared first on MacroBusiness.

The great Chinese property crash is, once again, worsening. It’s another banner year for lost hope. Sentiment disappears. Far-flung cities are the most troubled. Completions are going the way of all flesh. The Chinese consumer is deleveraging. Talk of rebalancing towards consumption at this point is a joke.

The post Chinese property down, down and down appeared first on MacroBusiness.