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Oz Blog News Commentary
MacroBusiness Wednesday, January 28, 2026 - 11:00 Source

Melbourne’s water storages have recorded their steepest annual decline since the Millennium Drought, driven by extreme dryness, record‑low inflows, and rising household demand. Melbourne’s storages dropped from 86% to 75.1% in a single year—a fall of 239 billion litres. Inflows from July 2024 to June 2025 were 36% below the 30‑year average, with January–June inflows being

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xkcd.com Wednesday, January 28, 2026 - 11:00 Source

Some of the atoms in the molecule are very weakly bound.

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Renew Economy Wednesday, January 28, 2026 - 10:49 Source

 Pacific PartnershipsA 250 MW solar project, that is adding a battery and won a federal CIS tender, is seeking EPBC approval for its plans to protect koalas.

The post Solar project seeks federal green tick for its koala protection efforts after winning CIS tender appeared first on Renew Economy.

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MacroBusiness Wednesday, January 28, 2026 - 10:30 Source

Home of the fake left, The Guardian, should read this and weep. One Nation’s polling surge has continued with a record-high primary vote of 22% in the latest Guardian Essential poll off the back of ongoing Coalition chaos and rising social tensions. Meanwhile, there is widespread public support for the Labor government’s response to the Bondi

The post Lenore Taylor is Pauline Hanson’s best friend appeared first on MacroBusiness.

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Renew Economy Wednesday, January 28, 2026 - 10:17 Source

offshore-wind-vattenfall-supplied-1536x941.jpgEuropean states agree to spend €1 trillion to build the world’s largest energy hub in the North Sea and cut dependence on fossil fuel imports.

The post North Sea states sign deal for “world’s largest energy hub” to wean off fossil imports and say no to Trump appeared first on Renew Economy.

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Your Democracy Wednesday, January 28, 2026 - 10:03 Source

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MacroBusiness Wednesday, January 28, 2026 - 10:00 Source

In the week before Christmas, the Albanese government unveiled their wet lettuce East Coast gas reservation policy, which will do little to enhance gas supply and lower prices. My biggest issue with the policy is that it would apply only to new gas projects beginning in 2027, and exporters would be required to set aside

The post Aussie gas prices to soar amid fake reservation appeared first on MacroBusiness.

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MacroBusiness Wednesday, January 28, 2026 - 09:30 Source

The ferrous jaws must close! Scuttelbutt is bearish. More steel mills have started equipment maintenance in the run-up to the Lunar New Year holiday in February, dampening appetite for feedstocks including iron ore, analysts at broker Zhengxin Futures said in a note. Steelmakers in China typically conduct furnace maintenance during winter when demand weakens in

The post Iron ore back to the lows appeared first on MacroBusiness.

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MacroBusiness Wednesday, January 28, 2026 - 09:00 Source

US consumer confidence dropped to decade lows (hard to do your shopping when ICE agents are dragging you out of your car) which was the real catalyst for another huge selloff in USD overnight as the DXY dollar index crashed to a four year low. Gold and silver surged to record highs again while Wall

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Wednesday, January 28, 2026 - 08:36 Source

BRUSSELS : NATO Secretary General Mark Rutte delivered one of the starkest warnings yet to Europe’s political class on Monday, forcefully rejecting the idea that the continent can secure itself without the United States and exposing the enormous economic and strategic costs of any attempt to do so.

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MacroBusiness Wednesday, January 28, 2026 - 08:00 Source

Recently when the ABS released the latest housing finance data, it came with a headline unwelcome to anyone concerned about housing affordability: ‘Investment loans reach record high’ Now, if we were to wind the clock back 40 years to the mid-1980’s, the assessment of this headline would be entirely different. At that time, ABS housing

The post Albo – A property investors best friend appeared first on MacroBusiness.

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Your Democracy Wednesday, January 28, 2026 - 07:36 Source

Vladimir Putin has offered to contribute $1 billion to join Donald Trump's Peace Council. But there's a catch.

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Renew Economy Wednesday, January 28, 2026 - 07:27 Source

South Australia set stunning new native demand record on Tuesday amid heatwave, but nearly all of it was met by wind and solar.

The post “Extraordinary:” Renewables to the rescue as state smashes demand records in unprecedented heatwave appeared first on Renew Economy.

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MacroBusiness Wednesday, January 28, 2026 - 07:16 Source

The American madman wants a lower currency, and he’s going to convulse until he gets it. AUD is off the hook. Way overbought, but this has legs. CNY and JPY support. Gold wavered. Metals too. Maybe frotnrun. Big mining heaven. EM rocket. Junk no bueno. Curve steepened. Stocks ATH. How far and fast can the

The post Australian dollar flies as madman currency crashes appeared first on MacroBusiness.

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Your Democracy Wednesday, January 28, 2026 - 06:55 Source

On December 15, 2025, the European Union slapped sanctions on former Swiss intelligence officer and ex-NATO employee Jacques Baud. No day in court, no charges filed, just abrupt, suffocating, sanctions.

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MacroBusiness Wednesday, January 28, 2026 - 00:01 Source

Australian housing valuations, in relation to household incomes, have never been more stretched: Cotality’s December chart pack valued the average Australian home at an astonishing $1,079,000, turning the average homeowning Australian into a housing millionaire. The Reserve Bank of Australia (RBA) is predicted by financial markets to hike the official cash rate (OCR) twice this

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Renew Economy Wednesday, January 28, 2026 - 00:01 Source

 EnergyCo.Wind projects now make up a small fraction of Australia's investment pipeline, which is now dominated by standalone batteries, and solar hybrids coming a clear second.

The post Batteries and solar hybrids dominate, relegating wind to small fraction of Australia’s renewable pipeline appeared first on Renew Economy.

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Renew Economy Tuesday, January 27, 2026 - 22:42 Source

China solar wind mountain small iStock-2168100467Global investment into the energy transition reached a record $US2.3 trillion ($A3.33 trillion) in 2025, up 8 per cent from the previous year,

The post A record $A3.3 trillion was invested in the global energy transition in 2025, BNEF says appeared first on Renew Economy.

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Renew Economy Tuesday, January 27, 2026 - 20:10 Source

Rooftop solar trees tin roof small iStock-1474075178Australians with some form of rooftop solar system at home are more likely to switch energy retailers as they seek the best solar feed-in tariff.

The post Rooftop solar households more likely to switch electricity retailers in search for best feed-in tariff appeared first on Renew Economy.

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MacroBusiness Tuesday, January 27, 2026 - 17:10 Source

Tonight, I will be appearing on DFA Live with Martin North where we will discuss the Australian economy, housing market, the population ponzi, alongside other topics. The show goes live at 8pm AEST. We hope to see you there.

The post Join me tonight on DFA for live Q&A appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 16:30 Source

It’s green across Asian share markets as local stocks also joined in the fun despite a much higher Australian dollar as the USD remains under enormous pressure against all major undollars as El Trumpo shoots off about South Korea. Inflation concerns in Japan and their bond market troubles are keeping Yen volatile while the looming

The post Macro Afternoon appeared first on MacroBusiness.

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THE BLOT REPORT Tuesday, January 27, 2026 - 15:44 Source

As reported here some time ago, Jillian Segal was appointed Special Envoy to Combat Antisemitism by the Albanese Labor government in 2024, and the main aim of her report seems to have been to conflate criticism of Israel’s genocide in Gaza with antisemitism. This was stated to be untenable by Justice Angus Stewart in a recent Federal Court case against Islamic preacher Wissam Haddad, whose posts it was ruled were antisemitic because he had conflated Zionism and Judaism. This is just what Jillian Segal had tried to do in her dodgy report. Stewart found that:

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Renew Economy Tuesday, January 27, 2026 - 15:33 Source

The cosmetics industry will tell you that sun damage is the worst thing to happen to your skin, and until now the photovoltaic industry held similar views about solar cells.

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Renew Economy Tuesday, January 27, 2026 - 15:07 Source

 BHP.South Australia's growing fleet of big batteries depletes on its hottest ever night, sending average prices over the day to their highest level since fossil fuels dominated the local grid.

The post Gas and diesel cash in as big batteries fade in South Australia’s heatwave and hottest ever night appeared first on Renew Economy.

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MacroBusiness Tuesday, January 27, 2026 - 13:30 Source

The December NAB survey has wiped out rate cuts for the time being. Business conditions increased to +9. Business confidence increased slightly to +3. Employment remained stable at 4, which is roughly around the breakeven rate for unemployment. At 83.2%, capacity utilisation is still high. Sales, which increased by three points to a historically high

The post NAB survey wipes out rate cuts appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 13:10 Source

Cotality’s latest chart pack for December showed that Australia’s dwelling stock was valued at $12.3 trillion at the end of 2025, spread across 11.4 million homes. This meant that as of 31 December 2025, the average value of a home in Australia stood at an astonishing $1,079,000. Not surprisingly, then, Domain’s house price results for the

The post Perth joins the million dollar housing club appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 13:00 Source

Fascism has been so misappropriated by the fake left that we should define it before we discuss it. Let’s turn to a source infinitely more accurate than journalists. ChatGPT. Fascism is a political ideology and system of government that centers on strong, centralized power, extreme nationalism, and the suppression of opposition and individual freedoms. In

The post Is America fascist? appeared first on MacroBusiness.

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MacroBusiness Tuesday, January 27, 2026 - 12:30 Source

Economists are debating the merits of interest rate hikes. Expectations of a higher quarterly inflation rate have driven a near 60% chance of an interest rate hike at the Reserve Bank’s meeting next week, keeping pressure on the Albanese government to address the rising cost of living from, most notably, higher electricity prices. …The results

The post Should the RBA hike interest rates into an energy shock? appeared first on MacroBusiness.

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Renew Economy Tuesday, January 27, 2026 - 12:23 Source

Yallourn-Power-station-EnergyAustralia-Panoramic-Shot-supplied-optimisedOld and inflexible, costly and dirty: Coal generators may be kept online longer than many hoped, but within a decade most will be gone, new report finds.

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MacroBusiness Tuesday, January 27, 2026 - 12:00 Source

In its first term, the Albanese government inked two migration-related pacts with India, specifically aimed at promoting migration flows to Australia: The Australia–India Migration and Mobility Partnership Agreement. The Mechanism for Mutual Recognition of Qualifications. Last year’s Labor federal election victory sparked celebrations among the Indian population and migration agents, who believed that avenues to

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