|
MacroBusiness
Wednesday, December 24, 2025 - 10:30
Source
Over the last two and a half years, the Albanese government has embarked on a campaign that one former RBA economist characterises as artificially manipulating the headline Consumer Price Index through electricity subsidies. This has significantly suppressed the rate of headline inflation relative to where it would otherwise have been. Former Reserve Bank economist John The post Former RBA economist blasts Albanese appeared first on MacroBusiness. |
MacroBusiness
Wednesday, December 24, 2025 - 10:00
Source
Last week, we learned that the US unemployment rate rose to a four-year high of 4.6% in November, beating analysts’ expectations of 4.5%. The result marked the fifth consecutive monthly increase in unemployment, which reached its highest level since 2021. Average monthly job creation since March declined to 35,000, down from 71,000 a year earlier. The post CFO confidence in US economy hits two-year low appeared first on MacroBusiness. |
|
MacroBusiness
Wednesday, December 24, 2025 - 09:00
Source
Wall Street and other risk markets continue to drift into holiday mode as a Santa rally gets underway in precious metals while the USD continues to face endemic pressure. Yen continued to pullback after a big move on Friday while the Australian dollar finally made its way back above the 67 cent level following the The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Wednesday, December 24, 2025 - 08:57
Source
The air smells [stinks] of after Christmas Decaying prawn shells and mouldy turkey breast Ham rotting under the sun and a shower of rain Stale bread, fruit-fly salad quietly abuzz from Jane Extended families have gone back home to the west Street-sleepers braseros have extinguished This long joyous exuberant feast has just finished Empty bottles of intoxication emptied in the garbo truck |
|
MacroBusiness
Wednesday, December 24, 2025 - 08:00
Source
Multiple Victorian government releases have explicitly described the Suburban Rail Loop (SRL) as “Australia’s largest housing and transport project”, because the rail line is expected to result in a massive housing‑led urban redevelopment program. The Victorian Government states that the SRL will “build 70,000 homes around six new stations” in the SRL East corridor. Additional |
MacroBusiness
Wednesday, December 24, 2025 - 07:00
Source
From the Market Ear: The vol smash All volatilities have been reset lately, but NASDAQ volatility remains way above year lows, VIX is close to year lows and Russell volatility, RVX, is practically at year lows. Seen VVIX? VIX is down, but VVIX has crashed lately. Soggy VIX The front VIX future keeps lagging its The post The great volatility smash appeared first on MacroBusiness. |
|
Your Democracy
Wednesday, December 24, 2025 - 06:55
Source
The governments and media elites of the West pride themselves on providing and promoting freedom of thought, opinion, and debate. |
Your Democracy
Wednesday, December 24, 2025 - 06:31
Source
Washington, DC [US], December 23 (ANI): President Donald Trump said that it would be a "smart" move for Venezuelan President Nicolas Maduro to relinquish power, as the United States continues to ramp up military and economic pressure on the South American nation. |
|
Your Democracy
Wednesday, December 24, 2025 - 05:44
Source
How to make ‘Iran like Gaza’ and describing the genocide in Palestine as a weapons testing laboratory. Michael West and Stephanie Tran with the inside story of a weapons expo. Inside a conference hall at Tel Aviv University, executives, generals and venture capitalists took turns boasting about “combat-proven” Israeli weapons and surveillance systems.
|
MacroBusiness
Wednesday, December 24, 2025 - 00:05
Source
The Australian has published fascinating data showing the extraordinary rise in home values this century. As illustrated below, house prices have soared by between 227% (Darwin) and 570% (Adelaide) over the past 25 years: Unit prices have experienced similarly explosive growth, rising by between 163% (Darwin) and 600% (Adelaide) over 25 years: Cotality’s latest housing The post 25 years of housing affordability hell appeared first on MacroBusiness. |
|
Your Democracy
Tuesday, December 23, 2025 - 17:59
Source
|
MacroBusiness
Tuesday, December 23, 2025 - 16:00
Source
Asian share markets are generally still doing well as we head into the low volume Christmas period with local shares the standout on a somewhat dovish outlook from the RBA minutes released today. This has seen the Australian dollar continue its bounceback on a slightly weaker USD above the 66 cent level. Oil markets remain The post Macro Afternoon appeared first on MacroBusiness. |
|
Renew Economy
Tuesday, December 23, 2025 - 14:05
Source
The post Season’s greetings, and thanks for your support: We’re having a break to rest, reflect and reboot! appeared first on Renew Economy. |
MacroBusiness
Tuesday, December 23, 2025 - 13:00
Source
Quick disclaimer. I run ethical funds. We let clients add or subtract ethical (and investment) themes from all our portfolios. But I’ve never been a fan of the industry. Seven years ago, I argued that the booming industry of ESG (Environmental, Social, and Governance) ratings was more akin to marketing magic than investment medicine. At the The post Snake Oil 2.0: Why the ESG is its own worst enemy appeared first on MacroBusiness. |
|
Renew Economy
Tuesday, December 23, 2025 - 12:59
Source
The post “This has to change:” Flurry of late orders breaks wind drought and gives global turbine giants hope for 2026 appeared first on Renew Economy. |
Renew Economy
Tuesday, December 23, 2025 - 12:58
Source
The post Modelling spot prices in a post-coal grid, when big batteries will become the price setters appeared first on Renew Economy. |
Traditional Owners accuse huge NT solar and battery project of “worst consultation you can think of”
The post Traditional Owners accuse huge NT solar and battery project of “worst consultation you can think of” appeared first on Renew Economy. |
Renew Economy
Tuesday, December 23, 2025 - 12:31
Source
The post Energy Insiders Podcast: Is the wind drought over? appeared first on Renew Economy. |
|
MacroBusiness
Tuesday, December 23, 2025 - 12:00
Source
Dwelling values in Sydney and Melbourne have begun to fall. According to Cotality’s dwelling values index, home prices in Sydney and Melbourne have declined by 0.1% so far in December (i.e., to 22 December 2025). By contrast, dwelling values in Brisbane (1.1%), Perth (1.4%), and Adelaide (1.2%) have risen strongly so far in December. The The post Why Sydney and Melbourne house prices have fallen appeared first on MacroBusiness. |
SEC steps in to rescue another stalled project, an Australian-first wind farm overlooking coal ruins
The post SEC steps in to rescue another stalled project, an Australian-first wind farm overlooking coal ruins appeared first on Renew Economy. |
|
Your Democracy
Tuesday, December 23, 2025 - 11:48
Source
Compare Robodebt victims’ compo to the quantum of Scott Morrison’s publicly funded legal fees. It’s shameful, reports Rex Patrick. He knew! Scott Morrison was the minister who took Robodebt to Cabinet for approval.
And the biggest compo payout for Robodebt victims is … Scott Morrison! by Rex Patrick
|
Renew Economy
Tuesday, December 23, 2025 - 11:47
Source
The post Leading battery storage developer says Australia will likely reach its 82 pct renewables target …. in 2034 appeared first on Renew Economy. |
|
MacroBusiness
Tuesday, December 23, 2025 - 11:30
Source
Since the horrific ISIS terrorist attack at Bondi, the issue of social cohesion has dominated commentary in the media and among various politicians. On Saturday, Independent Federal MP Allegra Spender put out a press release calling for a cabinet-level minister for Social Cohesion and tougher laws to crack down on hate speech. Meanwhile, in New The post Australia, Albo and social cohesion appeared first on MacroBusiness. |
Your Democracy
Tuesday, December 23, 2025 - 11:03
Source
|
|
MacroBusiness
Tuesday, December 23, 2025 - 11:00
Source
The state of Victoria already has the highest debt load and the nation’s poorest credit rating. Victorians also pay the highest taxes in the nation. The Allan Government last week unveiled a suite of new ‘value capture’ taxes and levies on developers, landowners, and car‑park operators to help fund the Suburban Rail Loop East (SRL The post Victoria braces for credit rating downgrade appeared first on MacroBusiness. |
MacroBusiness
Tuesday, December 23, 2025 - 10:30
Source
In the long history of financial markets, there have been all manner of hot assets; in the Netherlands in the 1630s, it was tulip bulbs, in the 1720s Britain, it was shares in the South Sea Company, and today the hottest asset on the market is anything to do with AI. In the United States, The post Macquarie rings the bell on data centres appeared first on MacroBusiness. |
|
MacroBusiness
Tuesday, December 23, 2025 - 10:00
Source
In the early 2010s, the federal Labor government made the ill-fated decision to allow liquefied natural gas (LNG) exports from Queensland without requiring gas companies to first supply Australians. Gary Grey, the then-Federal Resources Minister under the Gillard/Rudd Labor governments, claimed that domestic gas reservation would cause uncertainty and discourage investment, placing the government against |
MacroBusiness
Tuesday, December 23, 2025 - 09:00
Source
Wall Street and other risk markets are drifting into holiday mode which means not a lot of selling and small gains here and there although silver and gold are making record highs while the USD is getting sold down the river. Defense stocks helped Wall Street overnight while Yen stabilised somewhat after a big move The post Macro Morning appeared first on MacroBusiness. |
|
MacroBusiness
Tuesday, December 23, 2025 - 08:00
Source
Justin Fabo from Antipodean Macro posted the following chart showing that Australians are paying some of the highest mortgage rates in the developed world. Following three 25 bp rate cuts from the Reserve Bank of Australia (RBA), the weighted-average interest rate on outstanding housing loans in Australia has declined by 69 bps from the peak The post Australians to pay world’s highest interest rates appeared first on MacroBusiness. |
MacroBusiness
Tuesday, December 23, 2025 - 07:00
Source
From the Market Ear: Waiting SPX remains stuck inside the range that has been in place since mid-September. We aren’t getting too excited until we break out, either way. Also stuck NASDAQ continues trading the boring range that has been in place for months. Short term range support: 25000, resistance 26000. Big range support: 24000, |
We're having a break to rest, reflect and reboot.
A flurry of late orders has broken the wind investment drought in Australia, with global wind giants hoping for a further rebound in 2026 to help meet renewable targets.
Electricity prices can be kept near today’s levels in a post-coal National Electricity Market, but need a system where batteries become the dominant price-forming technology.
A legal move to extinguish any native claims over land proposed to host the giant Wak Wak solar project has angered Traditional Owners. 
We discuss some of the major events of the past year - the dominance of batteries, the emergence of solar-battery hybrids, the hassles for wind and transmission, and the conundrum of EVs.
SEC to build state's first publicly owned wind farm, that will be the first to be built in a pine plantation and the first to overlook a former coal plant and mine.
One of Australia's leading battery storage developers says Australia will likely not reach 82 per cent renewables until 2034.