Blogotariat

Lightsource bp is set to start buildin

Belinda Allen, CBA’s Head of Australian Economics, believes that the Reserve Bank of Australia (RBA) will only cut the official cash rate (OCR) once more in November, given the recent stronger run of economic data. This would take the OCR to 3.35%, which is close to CBA’s estimate of neutral. Market pricing has also shifted

The post Aussie rate cut hopes fade appeared first on MacroBusiness.

Fourth-generation farmer Charlie Prell explains how after years of drought and falling commodity prices, wind turbines helped secure his farm’s future. But he says some developers have left scars that still fuel distrust.

Albanese sets 2035 emissions reduction target of 62 to 70 per cent, announces $7 billion for CEFC and National Reconstruction Fund to boost renewables.

As the rise of populist major party candidates and upstart political parties continues from London to Tokyo, many have been left wondering why Australia hasn’t seen the rise of a new third alternative. While Australia has the Greens and One Nation as third-party alternatives, they are hardly new additions to the nation’s political landscape. The

The post Australia’s paralysed politics appeared first on MacroBusiness.

Australia’s migration system is flooding the nation with low-skilled workers. The following chart from Alex Joiner at IFM Investors summarises the situation, with the overwhelming majority of net migrant arrivals arriving through pathways other than skilled visas: Even leading pro-Big Australia shills Peter McDonald and Alan Gamlen admitted that Australia’s permanent migration system is unskilled

Aussie wage growth has no chance of a sustained recovery. The mass immigration-led economy is, at base, a wage suppression scheme, and such macro forces will ultimately have their say. Leading indicators like the Seek Advertised Salary Index have slowed. The quarterly annualised rate is now at 3.1% and has trended lower. Other laggy indicators

The post The next leg down in Aussie wages is here appeared first on MacroBusiness.

The Reserve Bank GDP nowcast, released last Friday, forecast that New Zealand’s GDP contracted by 0.4% in Q2 2025. The Reserve Bank’s nowcast was revised lower following the final partial GDP indicators released last week, showing a sharp contraction in the manufacturing sector in Q2 and negligible growth in a range of services industries. On

The post New Zealand’s endless recession appeared first on MacroBusiness.

As the debate over the right level of migration into the nation continues, I thought it would be interesting to look at some assessments of Australia’s migration system. There are plenty of reports that are scathing of the system’s failures, from its vulnerability to exploitation to its lack of focus on the skilled migrants most

The post The Albanese government vs Albanese government on immigration appeared first on MacroBusiness.

Santos runs two LNG export trains out of Gladstone, Queensland, which siphons up East Coast gas and ships it to Asia (mostly China). Since Santos’ LNG export trains came online in 2015 (alongside others), the volume of gas produced on the East Coast has doubled, while 25% less gas has been supplied to domestic users.

The post Abu Dhabi pulls out of Santos takeover bid appeared first on MacroBusiness.

Front-line situation is dire: high casualties and unsustainably high desertion rates.

Gen. Cerski (noted Sept 8) acknowledged Ukraine faces roughly a threefold disadvantage in forces/resources in key sectors.

Ukraine struggles to man the front — manpower is in “terminal decline” while Russia is reportedly achieving net monthly gains.

Leaders are pinning hopes on technological fixes (UAVs, ground robots, drones) to substitute for missing personnel.

Australia’s governments want to ‘solve’ the housing crisis by pushing Australians into high-rise apartments. They ignore that the 2010s decade saw the biggest boom in high-rise apartment construction in Australia’s history, concentrated in the nation’s major capital cities: This unprecedented boom in high-rise apartment complexes resulted in a spike in construction faults and quality issues,

Advances in battery technology should be a blessing to consumers, allowing them to force networks to finally compete for their custom.