Blogotariat

These guys are something else. Origin is an original East Coast gas cartelier, has squeezed NSW to death with Eraring subsidies, has tried to dominate LNG imports, and put competing hydrogen out of business, as well as funding the Grattan Institute to corrupt the energy debate. Origin Energy chief executive Frank Calabria has urged policymakers

The post Gas Dracula demands access to bloodbank appeared first on MacroBusiness.

Ukraine was never promised NATO membership as part of any peace agreement with Russia, the US-led military bloc’s Secretary-General Mark Rutte has said. He added that the bloc should only ensure a new conflict between Moscow and Kiev will not break out in the future, he added.

Speaking to reporters on Thursday, Rutte said Kiev’s potential accession had never been tied to resolution of the ongoing conflict between Russia and Ukraine.

In October 2024, it was revealed that Victorian taxpayers paid more than $32.9 million to 102 executives working on the Suburban Rail Loop Authority (SRLA), averaging $322,000 a head. “It seems pretty clear from the annual report that we don’t have a railway line as much as we have a gravy train”, former Liberal Opposition

The post Victoria’s Suburban Rail Loop is a financial trainwreck appeared first on MacroBusiness.

Gotti is having a baby, which tells you this is a good thing. The Greens will require big banks to offer all residential home borrowers a “homekeeper” loan facility which carries an interest rate of 1 per cent above the Reserve Bank’s cash rate. Investment and holiday home borrowers will not be entitled to the

The post Greens tax reforms not bad appeared first on MacroBusiness.

Australia’s rental crisis appeared to be easing after CoreLogic and the Australian Bureau of Statistics (ABS) reported a marked easing in rental growth. However, the latest rental vacancy data from SQM Research suggests that the rental crisis has resumed. Following a period of rental easing during the second half of 2024, the national vacancy rate

The post Australia’s rental crisis worsens again appeared first on MacroBusiness.

https://www.youtube.com/watch?v=YWXzye1ozf4

Mitch McConnell TORCHED as Secretary of HHS is sworn in

The financial woes of the Victorian government are well documented. The state had the nation’s highest per capita net debt in 2023-24 and the worst (AA) credit rating. The trajectory of Victoria’s debt is also concerning. The major ratings agencies—S&P and Moody’s—warned that they could further downgrade Victoria’s credit rating if debt levels are not

The post Welcome to Victoria: the bankruptcy state appeared first on MacroBusiness.

Energy buffoonery is an LNP speciality. Energy bills could rise by nearly 70% over the next 10 years under current government policy, a new report has estimated – findings likely to be seized on by the Coalition as it pushes its alternative plan. The federal Labor government has set the aggressive target of having renewable

The post Duttons’ gas supershock is the Argentine moment appeared first on MacroBusiness.

Stock markets are essentially ignoring Trump’s tariff plans and keep heading higher across both sides of the Atlantic with an expectation of that positivity flowing over here in Asia for the last trading day of the week. The latest PPI data saw the USD give up ground against most of the undollars with a violent

The post Macro Morning appeared first on MacroBusiness.

The depth of Australia’s slide into an irrelevant and untrustworthy minnow on the global stage was demonstrated when distinguished UN special rapporteur Francesca Albanese described the Australian prime minister’s refusal to criticise Donald Trump’s plan to turn Gaza into a neo-colonial capitalist venture for the benefit of his family and friends, as “pathetic”.

Victoria government's SEC chooses company best known for gravity storage technology to build conventional battery for newly acquired project.

“Let’s not mince words about what this represents: a surrender of Ukraine’s interests and our own, even before negotiations begin,” says U.S. Senator Adam Schiff.

Kyiv’s backers reacted with shock and outrage to U.S. President Donald Trump’s announcement that he had spoken with Russian leader Vladimir Putin and would “start negotiations immediately” with him about the Ukraine war.