Blogotariat

DXY held on last night but is under pressure: AUD pulled back: With North Asia: Commods were hosed: Miners too: EM flamed out: But junk is offering risk marginal support: Amid the bull steepening: Which is aiding stocks: It still looks to me like AUD can go higher. Fed cuts loom, perhaps as early as

The post Australian dollar to boom and bust appeared first on MacroBusiness.

Offshore wind industry could be entering a “just for the heroes” era, where only the most robust projects in the most attractive geographies will survive.

Federal Labor will fast-track a national certification scheme to guarantee the provenance of green hydrogen – and renewable electrons – produced in Australia.

The Australian Financial Review’s latest quarterly property survey has found that property experts believe that the supply of new homes is being ‘choked’ by high interest rates and construction costs, making the national target of 1.2 million new homes over five years unachievable. High construction costs are among a range of factors that have pushed

The post Experts: Australia’s housing shortage to worsen appeared first on MacroBusiness.

The first stage of what will be the biggest battery project in Australia has been energised little more than a year after it was first announced.

The post Trump pot shot reaction on risk markets has been mixed with the USD climbing while bond markets have sold off slightly with a 5 point immediate rise in 10 year Treasuries. Today’s Chinese GDP print came in lower than expected while the CCCP has its Third Plenum meeting – not good timing! The

The post Macro Afternoon appeared first on MacroBusiness.

By Kerri Lynn The bystander shot at the Trump rally was Corey Comperatore. From what we know of Corey he was a decent person: “Corey Comperatore, 50, was a family man who loved to fish. He worked at a plastics manufacturing company, volunteered as a firefighter and went to church.” What of the listed 5…

The post The bystander appeared first on The AIM Network.

Globally, the market for biofuels is not looking good as projects are dumped and at least one company is on the verge of going under.

His entire set of teeth, and gums, must be gold plated by now. Former British Prime Minister Tony Blair has decided to let the world, and more specifically Sir Keir Starmer’s freshly elected government, in on a secret: that artificial intelligence is inexorably majestic, glorious and sovereign. Embrace it and fob off the doomsdayers. Importantly…

The post Tony Blair: Profiteer and Emissary of Artificial Intelligence appeared first on The AIM Network.

Neoliberal economist Richard Holden has called on Australia to cut its company tax rate after new figures from the OECD shows that Australian companies pay the second-highest effective rate in the world. The OECD showed that Australian companies paid an effective average tax rate of 28.5% on their income in 2022, higher than the OECD

The post Cutting company taxes would be a grave mistake appeared first on MacroBusiness.

The originator of Australia's largest onshore wind farm has unveiled plans to go bigger again and build a 1.5GW wind farm in northern Queensland.

By Denis Hay Introduction Australia’s federal politicians often liken the national economy to a household budget, perpetuating myths about deficits and surpluses. This comparison misleads the public about how a sovereign government functions. Unlike a household, Australia’s government, as the issuer of its own currency, operates under different financial principles. This article explores the truths…

The post Understanding Federal Government Deficit and Surplus appeared first on The AIM Network.

Funding deal means Akaysha can start building huge four-hour battery, which will be one of the biggest in Australia.