Blogotariat

Big batteries dominate early morning peak with 40.6 of demand because prices too low for gas and as rooftop PV floods the grid for rest of day.

Coal generator pinged and fined by regulator for irregular and high bidding prices. "We are watching and will take action where required," the regulator said.

Network gets regulatory approval for major battery-solar pilot, despite strong opposition, but the rider is that it must provide spatial mapping.

The Parliamentary Budget Office’s (PBO) 2025–26 National Fiscal Outlook shows that Australia’s combined national fiscal position has worsened compared to 2024, with deficits persisting across most jurisdictions, rising debt levels, and limited fiscal space for new spending. The report consolidates Commonwealth, state, and territory budgets to provide a whole-of-nation view of fiscal sustainability. The aggregated

Australia has seen a major decline in revenue from tobacco excise in recent years, attributed to increases in excise. A legal packet of cigarettes now costs about $50 (of which $34 is tax and excise), compared to a cost of around $15 for illegal cigarettes, which are readily available. The growth in illegal cigarettes has

The post Illegal tobacco boom the hallmark of taxation policy failure appeared first on MacroBusiness.

Modelling by Infrastructure Australia in 2017 predicted that household water bills would quadruple over 50 years due to population growth and climate change, rising from $1,226 in 2017 to $6,000 in 2067 in real dollars. A 2021 analysis by the Productivity Commission (PC) also warned that the expected 11 million increase in Australia’s metropolitan populations

The post Sydneysiders face water shock appeared first on MacroBusiness.

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Australia is a global outlier on immigration, no matter how much the government, the media, and others try to argue otherwise. Australia’s population growth is extreme relative to other developed nations. In the first 25 years of this century, Australia added 45% more people, easily eclipsing other advanced nations. This extreme population growth was delivered

The post Australia is the immigration outlier appeared first on MacroBusiness.

Friday night saw modest gains across both sides of the Atlantic as Wall Street awaits this week’s FOMC meeting and the long expected rate cut from the Fed. Bond markets continue to sell off slightly while the USD was relatively steady but dropped to a two week low even as Euro pulled back slightly as

The post Macro Morning appeared first on MacroBusiness.

The EU has once again strayed beyond acceptable boundaries, slapping Elon Musk’s social media platform X with harsh penalties for being in violation of new draconian EU digital laws that many say are code for censorship.

Elon Musk wants to abolish the EU. He has a pointThe “bureaucratic monster” that has just fined X €120 million is wrapping its tentacles around free speech

BY Robert Bridge

Australia’s new Defence Delivery Agency may finally expose an uncomfortable truth – that Australia already has formidable deterrent capabilities through the Royal Australian Air Force and emerging drone systems, making the AUKUS submarine commitment both risky and unnecessary.

Robert Macklin

From the Market Ear: Got commodities? “Trump runs it hot, oil bounces post Russia-Ukraine fix, China keeps yuan cheap, soon all the commodity charts will look like gold…” (BofA) Energy XLE has been stuck inside the same range since March 2022. Things could get very squeezy should we take out current range highs. The 30

The post Markets heat up (almost) everywhere appeared first on MacroBusiness.

China now dominates in every technology that defines the modern world.