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Oz Blog News Commentary
Renew Economy Wednesday, February 4, 2026 - 11:02 Source

Join our panelists to discuss how adaptation must now be integrated as deeply as mitigation, and the rising role of resilient grids, dynamic pricing, and climate-proofed assets.

The post Webinar: Energy Trends 2026 – Caught in the Crosswinds appeared first on Renew Economy.

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MacroBusiness Wednesday, February 4, 2026 - 11:00 Source

South Korean President Lee Jae Myung recently pledged to rein in real estate speculation, which was threatening his nation’s future, vowing to stabilise the housing market “by any means necessary.” “For the sake of a reasonable and prosperous nation, (I) will put an end to real estate speculation that could ruin the country by any

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MacroBusiness Wednesday, February 4, 2026 - 10:30 Source

The ferrous jaws must close, and slowly they are. Scuttlebutt is bearish. Chinese steel mills trimmed purchases ahead of the extended Lunar New Year holiday while preparing for scheduled maintenance, dampening near-term demand. Port activity in China also softened, with industry data showing lower transaction volumes, suggesting mills are relying less on spot cargoes. Port

The post Iron ore hits 2026 low appeared first on MacroBusiness.

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Renew Economy Wednesday, February 4, 2026 - 10:29 Source

Koorangie, Sostenuo, EdifyPlans to construct a 1.6 gigawatt-hour battery in New South Wales coal country have joined the federal government’s environmental approval queue.

The post Giga-scale big battery proposal seeks green tick for NSW coal country appeared first on Renew Economy.

Read more Views: 6
MacroBusiness Wednesday, February 4, 2026 - 10:00 Source

Every day, the Albanese government’s Housing Accord target of building 1.2 million homes over five years slips further from reach. Data released on Tuesday by the Australian Bureau of Statistics (ABS) showed that the rate of monthly dwelling approvals in trend terms stalled at just under 16,500 for the month of December, 3,500 below the

The post Australia’s housing shortage grows by the day appeared first on MacroBusiness.

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Renew Economy Wednesday, February 4, 2026 - 09:52 Source

Tiwi Islanders are confident they've landed on the right forestry formula, one that's community-led and financially and environmentally sustainable.

The post Carbon credits seed new chapter in Tiwi forestry, backed by federal green bank appeared first on Renew Economy.

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MacroBusiness Wednesday, February 4, 2026 - 09:30 Source

The most recent Roy Morgan Poll reflects the ongoing turmoil among the opposition parties. With 30.5% of the vote still going to the ALP, One Nation is up 2.5% to 25% ahead of the Liberals, the Greens are down 2% to 18%, and 14% of voters back Independents and Other Parties, including 2.5% who favour

The post Another day, another One Nation triumph appeared first on MacroBusiness.

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Your Democracy Wednesday, February 4, 2026 - 09:19 Source

French Foreign Minister Jean-Noel Barrot said on Monday that "Europe can resist the brutalization of the world" and become a third way, as a growing tension leads to a possible US-China confrontation

"The geopolitical challenge of our century is the growing tension leading to a possible confrontation between the United States and China.

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Renew Economy Wednesday, February 4, 2026 - 09:10 Source

Australia emerges as "global proof point" of a major structural change in electricity grids around the world, with grid scale batteries overtaking peaking gas generation.

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MacroBusiness Wednesday, February 4, 2026 - 09:00 Source

Overnight saw a big swing in volatility all based on US markets as AI concerns on earnings sent half of the NASDAQ down while a rally in precious metals gave undollars a lift against USD across the board. Then we saw a big bounce in oil prices with more speculation about the Trump regime bombing

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Wednesday, February 4, 2026 - 08:31 Source

Donald Trump’s “next big thing” is too big. That’s the verdict of some critics who fear the US President’s proposed triumphal arch in Washington DC will dominate and destroy the capital’s skyline.

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MacroBusiness Wednesday, February 4, 2026 - 08:00 Source

The Reserve Bank of Australia (RBA) on Tuesday lifted the official cash rate (OCR) by 0.25% to 3.85%, adding around $110 to the monthly cost of servicing the average new mortgage of $700,000. To make matters worse, the forecasts presented in the February Statement of Monetary Policy (SoMP) show that the RBA does not expect

The post Rate hike has consumers hitting panic button appeared first on MacroBusiness.

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Your Democracy Wednesday, February 4, 2026 - 07:37 Source

Polling and worried commentary in the financial press is underscoring the reality that the breakup of the Coalition on January 22 is only the sharpest expression of an historic crisis of the entire two-party set-up that has defended capitalist rule for more than 80 years.

 

Coalition break-up expresses crisis of Australia’s two-party system

BY Oscar Grenfell

 

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Your Democracy Wednesday, February 4, 2026 - 06:55 Source

One Nation leader Pauline Hanson has announced her conservative party’s mystery new recruit as it enjoys a dramatic resurgence in the polls.

Former Liberal senator Cory Bernardi will be One Nation’s new South Australian leader, heading the party’s legislative team at next month’s state election.

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Your Democracy Wednesday, February 4, 2026 - 06:22 Source

 

Newly released Jeffrey Epstein files from the US Justice Department have delivered a barrage of revelations about Bill Gates’ entanglement with the convicted sex offender. Over 3 million pages of emails, notes, and photos paint a troubling picture: Was Gates leveraging Epstein’s shadowy network for global health dominance? 

Read more Views: 22
MacroBusiness Wednesday, February 4, 2026 - 00:01 Source

Warren Hogan, managing director of EQ Economics, published an article in the Australian Financial Review arguing that the Reserve Bank of Australia’s (RBA) monetary policy board has failed in its core mandate of price stability, allowing inflation to remain above target for five consecutive years. Hogan claims this failure stems from poor forecasting, weak leadership,

The post The RBAs biggest failing isn’t interest rates appeared first on MacroBusiness.

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Renew Economy Tuesday, February 3, 2026 - 23:59 Source

New report confirms that the federal home battery rebate has put a rocket under national demand. But has rooftop solar reached critical mass?

The post Rebates “strapped a rocket” to home battery demand, but has rooftop solar peaked? appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 22:11 Source

The hotly contested New England renewable energy zone has finally put in its application for a federal green tick under the EPBC Act.

The post Contested renewable energy zone in heart of Barnaby country joins federal green queue appeared first on Renew Economy.

Read more Views: 36
MacroBusiness Tuesday, February 3, 2026 - 17:00 Source

Asian share markets are bouncing back strongly on the back of a solid US manufacturing PMI print overnight and a possible resolution to the latest Epstein distraction as Iran deliberates on shutting down its nuclear capabilities. The USD remains strong against the undollars amid its recent resurgence with Euro heading below the 1.18 handle while

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, February 3, 2026 - 14:46 Source

Balcony solar has taken off overseas, but Australian rules mean apartment dwellers and renters are locked out of a new way to deliver cheap, clean power.

The post SwitchedOn podcast: How apartments and renters can plug into solar, if the rules change appeared first on Renew Economy.

Read more Views: 35
MacroBusiness Tuesday, February 3, 2026 - 14:44 Source

As widely tipped by financial markets (~70% probability), the Reserve Bank of Australia (RBA) unanimously voted to lift the official cash rate by 25 bps to 3.85%: The increase will add roughly $110 to the monthly cost of servicing the average-sized $700,000 new mortgage. In arriving at its decision, the RBA noted that inflation “picked

The post RBA hikes, burning mortgage holders appeared first on MacroBusiness.

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Renew Economy Tuesday, February 3, 2026 - 14:24 Source

Regulator pings two businesses for allegedly breaching the rules of state-based energy upgrades scheme, including using dodgy sales tactics.

The post “Reputations at stake:” Regulator punishes companies for energy upgrade scheme breaches appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 14:10 Source

Offshore wind project canvasses turbines of up to 23 MW, as locals raise concerns about the potential visual impact of the project.

The post Offshore wind project seeks federal green tick as locals object to view of giant turbines appeared first on Renew Economy.

Read more Views: 39
Renew Economy Tuesday, February 3, 2026 - 13:49 Source

A rule change request quietly put through in December wants to radically change how the main grid works – by throwing open the data door to almost everyone. 

The post A rule change request snuck in over Christmas could radically alter how the main grid functions appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 13:43 Source

Video shows dramatic collapse of a 20-year-old wind turbine that falls on to a neighbouring road.

The post Twenty-year-old wind turbine collapses, narrowly missing parked car, dramatic video shows appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 13:35 Source

 BHP.Despite the record heatwaves, renewables provided nearly 50 pct of grid demand in January, and big batteries kept the pricing down in the evening peaks.

The post Batteries clip the peaks as renewables meet nearly half of all demand in January, despite record heatwaves appeared first on Renew Economy.

Read more Views: 31
MacroBusiness Tuesday, February 3, 2026 - 13:30 Source

Chart from TME. Why have stocks ignored collapsing trade, the Chinese crash, anarcho-imperialism, civil, fiscal and monetary instability in the US? In a word: earnings. Kicking. Arse. Better still to come if AI delivers. Carving it up. Easy money. Roaring economy. Trending off planet. M&A bouncing. Not much to criticise there.

The post Why do stocks keep igoring all risks? appeared first on MacroBusiness.

Read more Views: 36
MacroBusiness Tuesday, February 3, 2026 - 13:00 Source

It is hard to believe it was ten years ago that the Kouk (who?) fought a tremendous battle against conservative commentators over plain packaging for durries. He claimed a mighty victory. Tobacco consumption has plummeted a staggering 17.5 per cent since the plain packaging laws were introduced in late 2012. Stick that in your pipe

The post Kouk on durries revisited appeared first on MacroBusiness.

Read more Views: 43
MacroBusiness Tuesday, February 3, 2026 - 12:30 Source

The federal government has set a target of 50% of all car sales being electric by 2030, whereas AEMO assumes near total electrification of the vehicle fleet by the 2040s. Current sales trends are underwhelming. The chart below shows that battery electric vehicle (BEV) sales (green line below) failed to launch in 2025, with only

The post More subsidies thrown at stalling EV market appeared first on MacroBusiness.

Read more Views: 47
MacroBusiness Tuesday, February 3, 2026 - 12:00 Source

The Albanese government is on track to collect far more personal income tax than expected this financial year, as higher‑than‑forecast inflation pushes workers into higher tax brackets. Treasury forecasts inflation of 3.75% for 2025–26. However, CPI has already risen 2.7% in the first six months, meaning the full‑year figure is likely to be higher. The Reserve

The post Bracket creep punishes workers, rewards waste appeared first on MacroBusiness.

Read more Views: 31

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