Blogotariat

The Reserve Bank of Australia’s (RBA) February Statement of Monetary Policy (SoMP) forecast that trimmed mean inflation would rise in the near term to 3.7% and would remain above the midpoint of the RBA’s 2% to 3% target band until the end of 2028. The RBA also assumed that the official cash rate would rise

The post Finally, some positive news on inflation appeared first on MacroBusiness.

The Big Three gen-tailer whose assets range from the Eraring coal plant to a coal plant-sized virtual power plant, has snapped up another small energy retailer.

The post Origin snaps up another small energy retailer, adds new battery brand to VPP appeared first on Renew Economy.

The half-time entertainment at the Super Bowl, which is an American football final, included Bad Bunny, Ricky Martin and Lady Gaga. Bad Bunny sang in Spanish, which is his native tongue, given that he comes from Puerto Rico, as does Ricky Martin. I must admit that prior to this event I had not heard of Bad Bunny. This is unsurprising as most of the music I like is no more recent than Powderfinger and The Church.

Silver surfed a massive wave, then wiped out. But it remains a long way above long-term prices. Is there a new paradigm for silver, or are we heading back to its long term real price of sub-$20? Background on metals pricing For most industrial metals, like iron or copper, the long-term commodity price is the

The post A wipeout for the silver surfers appeared first on MacroBusiness.

Queensland's newest big battery has reached full operation at its location at a former coal generation hub south of Brisbane.

The post “From coal to gas to battery storage:” CleanCo hits Big Blue Button on big new BESS appeared first on Renew Economy.

An Australian tech company has raised more funds to go toe-to-toe in international markets and join the race for engineering talent.

The post Australian tech company unearthing new capacity on the grid lands $1.1bn valuation after new capital raise appeared first on Renew Economy.

The Reserve Bank of Australia’s (RBA) latest forecasts, contained in the February Statement of Monetary Policy (SoMP), show that real gross domestic product (GDP) is expected to grow by just 1.6% in the year to June 2028. This is the central bank’s lowest medium-term growth outlook since it began releasing forecasts in 1990. Stephen Smith

The post Australia must lift productivity to raise living standards appeared first on MacroBusiness.

Australia is currently receiving a large inflow of New Zealanders. New Zealand citizens are permitted to migrate to Australia using the Special Category visa (subclass 444), which allows them to live, work, and study there without needing to apply for a visa before arrival. New Zealand citizens with a valid New Zealand passport are automatically

The post The mass exodus of Kiwis to Australia will continue appeared first on MacroBusiness.

The world’s most unpleasant nation, and the Albanese government’s best friend, has once again bared its fangs, not to mention its glass jaw. China’s largest steel maker has accused Australian rival InfraBuild of making baseless and self-serving claims to convince the Albanese government that substantial tariffs are needed on imported construction products. In attacking InfraBuild,

The post Let them eat steel, demands China appeared first on MacroBusiness.

Former prime minister Tony Abbott has suggested police who punched protesters yesterday should receive a commendation, and officers at future demonstrations should be armed with tear gas and rubber bullets to safeguard against the “pro-terrorist protests we’ve seen too often” on Sydney’s streets.

Police who punched protesters should be praised, says Abbott

By Daniel Lo Surdo

Leading independent economist Gerard Minack published the following chart illustrating the primary driver of Australia’s rental crisis: excessive population growth via immigration: After Australia’s international border was reopened in late 2021, net overseas migration surged, with just under 1.5 million net migrants arriving between Q4 2021 and Q2 2025. As a result, rental demand surged

Two different politicians announced their retirements today due to health reasons, causing two by-elections that are worth watching.

Kat McNamara won the Northern Territory seat of Nightcliff at the 2024 election, and was the first Greens MP elected in the Territory. McNamara came from third place to win on independent preferences.

Ross Kerridge led an independent team to win the lord mayoralty of Newcastle at the 2024 council election, defeating the sitting Labor mayor. Kerridge has announced his retirement as he deals with cancer treatments.