Blogotariat

Assistant Minister for climate and energy Jenny McAllister discusses the National Energy Performance Strategy. Will it reduce household energy bills and emissions?

Just about everyone loves the federal government's Capacity Investment Scheme, they just want it to look like their business model, and are arguing over gas, storage duration and windfall gains.

David Chaston from Interest.co.nz believes that the Reserve Bank has been placed in a difficult position on interest rates, caught between a recessionary economy and stubborn services inflation. Chaston notes that New Zealand’s economy faces a “severe slowdown”. The economy is already experiencing a technical recession: And per capita outcomes are much worse given New

Everything must learned the hard way by Jim “chicken” Chalmers: Treasurer Jim Chalmers regards a second surplus in the May budget as “still our goal”, but has revealed Treasury analysis showing a recent fall in iron ore prices will punch a $9 billion hole in the nation’s books over the next four years. Appearing on

The post Iron ore pulls Treasurer Chalmer’s pants down appeared first on MacroBusiness.

Productivity Commission chair Danielle Wood has expressed concern about the federal government’s Future Made in Australia Act, claiming it risks entrenching industries that would always be dependent on government subsidies for their survival. Former Commission chairman Peter Harris agrees with Wood that “this is a slippery slope and most times the investment fails”. Bill Scales,

The Chiltern Off-Grid Living Festival blew up on social media and Sky News over the use of a diesel generator, but the real story is that going off-grid means leaving behind a set-and-forget mindset.

In the year ending September 2023, Australia’s population increased by a record 660,000 people, owing to a record high net overseas migration of 549,000. In percentage terms, Australia’s yearly population growth rate of 2.5% was the highest since 1952. Anyone living in Australia is aware of the implications, with the country dealing with the biggest

The post Canada and Australia caught in same economic trap appeared first on MacroBusiness.

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

Victoria has the lowest proportion of social housing in Australia, accounting for only 3% of total homes. That is far lower than the national average of 4.2%, which is already low by worldwide standards. Last month, The Guardian reported that Victoria’s homelessness crisis is the worst in the nation and continues to deteriorate. “Victoria still

The post Victoria plunged deeper into homelessness crisis appeared first on MacroBusiness.

The Westpac credit card tracker makes the point. The Westpac Card Tracker Index* declined 1.9pts over the two weeks to April 6. At 133.7, the latest Index read is only slightly above the low seen at the start of March. While quarterly growth momentum is still positive, and materially improved on the weakness seen around

The post Aussie consumer buckles anew appeared first on MacroBusiness.

There’s no landing for the Mag7. The Market Ear. Same old bull trend in Mega Cap Tech stocks US mega cap tech stocks marching on. Here presented vs Russell 2000. GS Hiding in the Magnificent You look away for a second and then investors have piled back into Mag7 and pushed exposure back to record

The post No landing equals hard landing for stocks appeared first on MacroBusiness.

By James Moore   The first criminal trial of an American president is likely to bring more division, and even suffering, to the country he proposes to once more lead. The salaciousness of the story that has brought him before the bar of justice will further demean the highest office in the land, which tends to…

The post What kind of an American are you? appeared first on The AIM Network.

German Defense Minister Boris Pistorius has claimed that Russian President Vladimir Putin, like Nazi dictator Adolf Hitler, “will not stop once the war against Ukraine is over.” The German government, meanwhile, continues to arm neo-Nazi units in Ukraine.

“Putin will not stop once the war against Ukraine is over,” Pistorius said in Berlin on Wednesday, at the launch of a book on Britain’s wartime prime minister, Winston Churchill.