Blogotariat

Ukraine working with US to look for 'compromises that strengthen, not weaken us,' Zelenskyy says

Ukrainian president Volodymyr Zelenskyy insisted that “the core principle that kept Europe peaceful longer than at any other time in its history must be respected,” as borders should not be changed by force.

Asian equity markets are mixed in today’s session as Japanese markets return with all eyes on talks between China, Japan and USA in recent days but the newsflow and outcome has been vague at best. With the shortened trading week due to US Thanksgiving risk markets are effectively in a holding pattern.  Currency land was

The post Macro Afternoon appeared first on MacroBusiness.

State launches consultation on five draft onshore renewable energy zones (REZs) and one "shoreline" REZ, in final call for fresh feedback from community, industry.

Project tipped to break Australia's year-long wind farm investment drought seals all important grid connection approval.

I wrote on Monday that Australia’s house price boom appears to be losing momentum, as evidenced by the slowing growth of Cotality’s daily dwelling values index. Growth in Cotality’s 5-city aggregate index has slowed significantly over the past 10 days, driven by sharp decelerations across Sydney and Melbourne. The loss of momentum is also reflected

The post Australia’s two-speed housing boom appeared first on MacroBusiness.

One of Australia's biggest gold miners plans country's largest wind, solar and battery hybrid project to power upgrade to its huge open pit mine operations.

Which corridors unlock the most new wind and solar? And could HVDC lines bring far-flung northern renewable resources to southern population centres?

Recent job advertisements and vacancy data, presented below by Shane Oliver from AMP, suggest that Australia’s labour market is gradually softening. Last week’s Q3 wage data from the Australian Bureau of Statistics (ABS) also struck a soft tone, with private sector wage growth falling sharply, partly offset by strength in public sector wages: SEEK has

The post Australia’s job market continues to unwind appeared first on MacroBusiness.

Gina Rinehart attacks BHP and Rio Tinto over net zero spending, just as the lithium miner she backs reports 83 pct renewables share on its way to net zero by 2034.

Never let the truth get in the way of a good price rally in the iron ore market. With another Chinese property rescue on the way, why not? Well, there is this. John Lam expects home prices to fall for at least another two years before a recovery in China’s residential property market can take

The post Iron ore to the moon! appeared first on MacroBusiness.

Every cycle has a bellwether. Today it’s NVIDIA. We’re operating in a two-speed economy where the US consumer looks fatigued, while corporate AI spending is a rocket ship. Let me share how I’m thinking about NVIDIA: why the recent result mattered, why capex is the fulcrum, what the depreciation debate gets right and wrong, how

The post Still the most important stock in the universe appeared first on MacroBusiness.

With the Victorian government drowning in debt and facing further credit rating downgrades, the Labor state government is seeking to rein in costs. Recent infrastructure projects in Victoria have faced major cost blowouts, including the VNI West transmission line (doubling to $7.6–11.4 billion), the Suburban Rail Loop (announced to cost $50 billion, now more than