Blogotariat

Former federal Labor MP Craig Emerson has written an article in The New Daily slamming those arguing for lower, more sustainable levels of immigration. Emerson’s main argument is that a strong immigration program is necessary to prevent Australia’s population from ageing: Apart from pointing out the obvious that, other than First Nations people we are

The post Craig Emerson pumps Big Australia lies appeared first on MacroBusiness.

The Greens are right about gas. On Monday, the Greens signalled they would use that leverage to block any mechanism that “financially incentivises” gas production, and declared a levy on LNG exporters the only viable approach to rebalance the market without underwriting new development. Greens resources spokeswoman Steph Hodgins-May said Australia had ample supply and

The post Greens move to break the gas cartel appeared first on MacroBusiness.

Wind and solar meet all of "net demand" in W.A., host of world's biggest isolated grid, as growing fleet of big batteries give market operator room to keep its thermals on.

Just when you think it’s safe to dip back into forex markets, the Japanese bond shock returns. At least this time, it is yields, not currency. Helped by the dovish Fed. AUD can’t rise while Japan threatens bond meltdown. CNY remains supportive. Gold senses something is amiss. Metals mania continues. Miners firmed. EM is stalled.

The post Australian dollar bond bashed in Tokyo appeared first on MacroBusiness.

NATO members should find ways to be more aggressive towards Russia, the US-led bloc’s top military chief has said.

Admiral Giuseppe Cavo Dragone, chair of the NATO Military Committee, told the Financial Times in an interview published on Sunday that member states have been weighing options to respond to what he described as Russia’s “hybrid war.”

The Albanese government has already ignited the housing market with its 5% deposit scheme for first home buyers. Now housing minister Clare O’Neil is busy spruiking Labor’s Help to Buy shared equity scheme, which launches on 5 December 2025 and is designed to make home ownership more accessible by allowing eligible buyers to purchase a

The post Labor pours more fuel on Australia’s housing bonfire appeared first on MacroBusiness.

The country's biggest syncon is going through its commissioning process as other states scramble to get their hands on similar machines to boost system security.

So, what is Australia doing for the future? Cutting funding to science, that’s what. Since the beginning of 2024, 800 staff have been cut from Australia’s leading scientific research agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), and another 350 are to be cut in 2026, which brings the total cuts to over 16% of the organisation’s staff. The Labor government has dealt the CSIRO some of the largest job cuts in the organisation’s history.

Construction has begun on four key electricity transmission sites for the largest investment in state's electricity grid in more than a decade.

It was MB that led APRA to adopt macroprudential tools designed to lean against the cycle and aid monetary policy. Alas, like everything else in the Australian political economy these days, APRA’s latest round of macroprudential tightening is purely performative, or fake, achieving the opposite. Back in the 2015 lending bubble, MB forced AHPRA to

The post Fake macroprudential green lights property bubble appeared first on MacroBusiness.

Plans for Australia's biggest solar-battery hybrid project have been adjusted to include a near doubling of battery capacity and a pared back solar footprint.

The Market Ear kicks us off. Welcome weekend CTAs swing wildly, risk appetite collapses, tech suffers its largest outflows in 4 years, and AI finally shows up in real earnings. Here are the 10 charts we’re watching this weekend — from market panic to full-stack AI dominance. 1 – CTAs What is the next CTA

The post Stocks bull roarer into 2026 appeared first on MacroBusiness.

China isn’t growing. Just ask the PMIs. Manufacturing. Services. Combined. This economy is pancaked as its property sector implodes. China uses various tricks to exaggerate GDP: focusing on the supply side, failing to write down investments, and underestimating the GDP deflator. All of these overestimate growth that is not there. Now it is going to

The post The Chinese economy hasn’t grown in two years appeared first on MacroBusiness.