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Oz Blog News Commentary
Your Democracy Tuesday, February 24, 2026 - 06:55 Source

 

MOSCOW (Sputnik) - UK Defense Secretary John Healey said that he wants to be the first in the role to send British troops to Ukraine.

"I want to be the Defence Secretary who deploys British troops to Ukraine – because this will mean that this war is finally over," Healey wrote in a comment published in the Telegraph newspaper on Saturday.

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Your Democracy Tuesday, February 24, 2026 - 06:33 Source

 

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Your Democracy Tuesday, February 24, 2026 - 05:44 Source

 

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Your Democracy Tuesday, February 24, 2026 - 05:22 Source

 

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Renew Economy Tuesday, February 24, 2026 - 00:14 Source

Plans to develop a 300 MW wind farm in Central Tasmania have approved by the federal environment minister, after nearly seven years in the EPBC queue.

The post Contested Tasmania wind project secures federal green tick after six-plus years in EPBC queue appeared first on Renew Economy.

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MacroBusiness Tuesday, February 24, 2026 - 00:01 Source

Real per capita household disposable income is arguably the single best measure of material living standards. The OECD has released cross-country data on real per capita household disposable income for the third quarter of 2025. According to the OECD, Australia has recorded the smallest increase in real per capita household disposable income among major English-speaking

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Renew Economy Monday, February 23, 2026 - 22:54 Source

The 900MW project made it almost all the way through the federal environmental assessment process, but pulled up stumps before seeking state planning permits.

The post Developer dumps 166-turbine wind project proposed for Queensland’s Whitsunday region appeared first on Renew Economy.

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Renew Economy Monday, February 23, 2026 - 22:48 Source

State EPA orders coal mining company to pay major fines and penalties for dumping untreated water into a river near the Blue Mountains World Heritage Area. 

The post Coal miner cops “substantial penalty” for polluting Blue Mountains waterways appeared first on Renew Economy.

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Renew Economy Monday, February 23, 2026 - 22:40 Source

If the shareholders in network monopolies aren’t prepared to wear the core and highly obvious risks associated with their business, why did we privatise these things in the first place? 

The post Transgrid’s latest cost blowout raises a key question: What was the point of privatising energy networks? appeared first on Renew Economy.

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Renew Economy Monday, February 23, 2026 - 22:34 Source

Fortescue has shifted its focus from green hydro

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THE BLOT REPORT Monday, February 23, 2026 - 22:24 Source

I only recently discovered that, like Cory Bernardi in early 20171, Gerard Rennick had been dumped from a winnable seat in the Senate, and had got the hump and attempted, also like Bernardi, unsuccessfully to set up his own party, to try to hang onto his political ‘career’. Rennick, the Queensland Liberal National Party (LNP) senator was dumped from a winnable spot on the party’s Queensland ticket in July 2023 in a preselection punch up. Senators Paul Scarr and Susan McDonald were preselected, as expected, in the top two spots. After a close vote, the third spot went to Stuart Fraser, a Brisbane businessman and party treasurer.

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Your Democracy Monday, February 23, 2026 - 17:10 Source

 

The International Monetary Fund (IMF), one of the chief instruments of global capital, has been calling on China for some time to reorient its economic policies and reduce its reliance on exports, with the implied threat there will be retaliation from other major powers if it does not do so.

 

IMF calls on China to restructure its economy

by Nick Beams

 

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Your Democracy Monday, February 23, 2026 - 17:02 Source

Iran has not backed down in the face of the increasing US military presence in the Middle East, much to the frustration of President Trump. Meanwhile, there have been further student protests in Iran.

 

Iran: Trump 'curious' as to why Tehran hasn't 'capitulated'

BY Louis Oelofse | Matt Ford with AFP, Reuters

 

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Renew Economy Monday, February 23, 2026 - 14:44 Source

marinus linkA group of locals are appealing a permit issued for the on-shore transmission infrastructure to connect the Marinus Link undersea cable with the Tasmanian grid.

The post Locals launch last-ditch legal challenge in bid to stop Marinus Link appeared first on Renew Economy.

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Renew Economy Monday, February 23, 2026 - 14:28 Source

French developer of the troubled Hinkley Point C nuclear power plant says it likely to be delayed by a further 12 months, costing the company an additional €2.5 billion.

The post World’s most expensive nuclear power plant blows out again, by €2.5 billion and 12 months appeared first on Renew Economy.

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MacroBusiness Monday, February 23, 2026 - 14:00 Source

Lol, you go girl. Our favorite thorn in the side of the fake left, Drew Pavlou, has been deported back to Australia. Pavlou recently decided to test Billie Eilish’s Grammy Awards statement that “no one is illegal on stolen land.” He joked that, as an illegal immigrant, he would fly to Los Angeles and “occupy”

The post Drew Pavlou deported to Australia appeared first on MacroBusiness.

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MacroBusiness Monday, February 23, 2026 - 13:30 Source

I have been recording an increasing bearishness in the market over the past few weeks. Now it appears the tail risk might be on the other side of the boat, or on both sides. Short interest has rocketed. It’s in the Sardines too. Weirdly, tech is the least shorted. It’s mostly defensives. With vol on

The post Tariffs rescue the shorts appeared first on MacroBusiness.

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Renew Economy Monday, February 23, 2026 - 13:21 Source

Goyder South wind farmState Labor government shifts into caretaker mode after locking in "pivotal" plan to launch a major competitive tender for new solar, wind and storage projects.

The post State Labor pledges huge renewables tender for land “twice the size of Kangaroo Island” appeared first on Renew Economy.

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MacroBusiness Monday, February 23, 2026 - 13:00 Source

South Australian Premier Peter Malinauskas let the veil slip last week, claiming in a talk to CEDA that Australia needs high inflows of migrants from poor developing nations to wipe elderly Australians’ bums: “My message to One Nation voters is: who’s going to feed you and bathe you and wipe your bum when you’re 90,

The post South Australian premier demands migrant slaves to “wipe bums” appeared first on MacroBusiness.

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MacroBusiness Monday, February 23, 2026 - 12:00 Source

Since the end of 2019, Australia has recorded the strongest net overseas migration (NOM) in the nation’s history, with 266,000 net migrants arriving annually, including the Covid-19 border closures: According to Shane Oliver at AMP, Australia’s cumulative housing shortage is tracking somewhere between 200,000 and 300,000, depending on assumptions about the number of people per

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MacroBusiness Monday, February 23, 2026 - 11:00 Source

Former Treasury official turned director of Macroeconomics Advisory, Stephen Anthony, is one of the few economists who understands the pitfalls of Australia’s transition to an all-renewable energy future. Anthony penned an article in the Daily Telegraph warning that the foolhardy push to close down Australia’s stable, baseload coal power for intermittent, weather-dependent renewables will drive

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Renew Economy Monday, February 23, 2026 - 10:56 Source

wellington-north-solar-scaled.jpgRenewables dedicated offshoot of finance giant Macquarie emerges as buyer of oil giant's gigawatt-scale portfolio of solar and storage projects around Australia.

The post Investment giant snaps up 1 GW solar and battery portfolio of retreating oil supermajor appeared first on Renew Economy.

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MacroBusiness Monday, February 23, 2026 - 10:30 Source

Iron ore futures have been on a significant sag in Singapore over the Chinese Lunar New Year break. Chinese markets reopen tomorrow, and we typically see a bounce in ferrous prices after the holiday. That said, I am looking through it this year and holding my shorts. The market is fundamentally weak with far too

The post Iron ore’s long losing streak set for reprieve? appeared first on MacroBusiness.

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John Quiggin Monday, February 23, 2026 - 10:01 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

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MacroBusiness Monday, February 23, 2026 - 10:00 Source

Last week, the Australian Bureau of Statistics (ABS) released wage data for the December quarter, which revealed that real inflation-adjusted wages fell by 0.3% in 2025, tracking at the same level as December 2011. The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy also projected that real wages won’t recover over its forecast

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MacroBusiness Monday, February 23, 2026 - 09:30 Source

Anthony Albanese is a renowned backroom bovver boy. He doesn’t care about policy or the country. He cares about power and keeping his side in charge of it. And boy, is he on a winner with One Nation. As noted last week, ON is now destroying the opposition LNP at the state level just as

The post Albo is deliberately building One Nation appeared first on MacroBusiness.

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Renew Economy Monday, February 23, 2026 - 09:02 Source

The draft rule will allow the energy regulator to alter a specific part of network revenue determinations when updates are made.

The post Rule change promises tighter leash on network spending, changes to carrots and sticks appeared first on Renew Economy.

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MacroBusiness Monday, February 23, 2026 - 09:00 Source

The US Supreme Court ruled on February 22, 2026, that Donald Trump’s International Emergency Economic Powers Act’s tariffs were invalid. This includes the “reciprocal” tariffs and those imposed on Canada, China, Mexico, and other countries under different emergency declarations. Not long after the decision, President Trump announced a 10% “global tariff” under Section 122. But

The post Trump’s new tariff unshock appeared first on MacroBusiness.

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Your Democracy Monday, February 23, 2026 - 08:33 Source

Too often I dream

Our lousy world leaders

Spirited from the ice cream

But to the world’s horrors

Replacement would be

Stung evermore by the bee

Imagine Rubio Hegseth or Vance

Taking over the Donald’s trance

Spinning the macabre dance

Of a debauched Epstein stance

Should we take such a chance

Til one left is Chuck Schumer

Or a loser named Booker

Imagine the idiots replacing Sir Keir

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MacroBusiness Monday, February 23, 2026 - 08:00 Source

With the resignation of former Liberal Party leader Sussan Ley from federal parliament, the newly minted leadership of Angus Taylor has been well and truly thrown in at the deep end. Following Ley’s resignation, there will be a byelection in her former seat of Farrer. Once, it was a blue ribbon safe seat for the

The post Angus Taylor, the clock is ticking appeared first on MacroBusiness.

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