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Renew Economy Tuesday, February 3, 2026 - 14:46 Source

Balcony solar has taken off overseas, but Australian rules mean apartment dwellers and renters are locked out of a new way to deliver cheap, clean power.

The post SwitchedOn podcast: How apartments and renters can plug into solar, if the rules change appeared first on Renew Economy.

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MacroBusiness Tuesday, February 3, 2026 - 14:44 Source

As widely tipped by financial markets (~70% probability), the Reserve Bank of Australia (RBA) unanimously voted to lift the official cash rate by 25 bps to 3.85%: The increase will add roughly $110 to the monthly cost of servicing the average-sized $700,000 new mortgage. In arriving at its decision, the RBA noted that inflation “picked

The post RBA hikes, burning mortgage holders appeared first on MacroBusiness.

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Renew Economy Tuesday, February 3, 2026 - 14:24 Source

Regulator pings two businesses for allegedly breaching the rules of state-based energy upgrades scheme, including using dodgy sales tactics.

The post “Reputations at stake:” Regulator punishes companies for energy upgrade scheme breaches appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 14:10 Source

Offshore wind project canvasses turbines of up to 23 MW, as locals raise concerns about the potential visual impact of the project.

The post Offshore wind project seeks federal green tick as locals object to view of giant turbines appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 13:49 Source

A rule change request quietly put through in December wants to radically change how the main grid works – by throwing open the data door to almost everyone. 

The post A rule change request snuck in over Christmas could radically alter how the main grid functions appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 13:43 Source

Video shows dramatic collapse of a 20-year-old wind turbine that falls on to a neighbouring road.

The post Twenty-year-old wind turbine collapses, narrowly missing parked car, dramatic video shows appeared first on Renew Economy.

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Renew Economy Tuesday, February 3, 2026 - 13:35 Source

 BHP.Despite the record heatwaves, renewables provided nearly 50 pct of grid demand in January, and big batteries kept the pricing down in the evening peaks.

The post Batteries clip the peaks as renewables meet nearly half of all demand in January, despite record heatwaves appeared first on Renew Economy.

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MacroBusiness Tuesday, February 3, 2026 - 13:30 Source

Chart from TME. Why have stocks ignored collapsing trade, the Chinese crash, anarcho-imperialism, civil, fiscal and monetary instability in the US? In a word: earnings. Kicking. Arse. Better still to come if AI delivers. Carving it up. Easy money. Roaring economy. Trending off planet. M&A bouncing. Not much to criticise there.

The post Why do stocks keep igoring all risks? appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 13:00 Source

It is hard to believe it was ten years ago that the Kouk (who?) fought a tremendous battle against conservative commentators over plain packaging for durries. He claimed a mighty victory. Tobacco consumption has plummeted a staggering 17.5 per cent since the plain packaging laws were introduced in late 2012. Stick that in your pipe

The post Kouk on durries revisited appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 12:30 Source

The federal government has set a target of 50% of all car sales being electric by 2030, whereas AEMO assumes near total electrification of the vehicle fleet by the 2040s. Current sales trends are underwhelming. The chart below shows that battery electric vehicle (BEV) sales (green line below) failed to launch in 2025, with only

The post More subsidies thrown at stalling EV market appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 12:00 Source

The Albanese government is on track to collect far more personal income tax than expected this financial year, as higher‑than‑forecast inflation pushes workers into higher tax brackets. Treasury forecasts inflation of 3.75% for 2025–26. However, CPI has already risen 2.7% in the first six months, meaning the full‑year figure is likely to be higher. The Reserve

The post Bracket creep punishes workers, rewards waste appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 11:30 Source

Charts from TME. ‘Tis a mighty bust. But has not reached the 100day MA. RSI collapse. Not a CME story. A China story. More. Chinese traders, including homemakers and hedge funds, are experiencing big losses after a record rally in gold ended with a sharp market reversal. The reversal was triggered in part by the

The post Is that the end for gold? appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 11:00 Source

In the decade to June 2025, NSW’s population expanded by 977,703, driven by 884,772 net overseas migration (NOM). The state lost 245,211 residents to other jurisdictions over the last decade, which was mostly offset by a natural increase of 403,898 (i.e., births minus deaths). With NSW’s fertility rate of only 1.55 births per woman, most

The post Future Sydney: Shoebox apartments and flooded homes appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 10:30 Source

Historically, a “lame duck” U.S. President is an incumbent who is in their final term, has seen dramatically reduced political influence and congressional support, or has lost their reelection campaign. Currently, on paper, Trump has significant power, with Republicans holding the White House, Congress, and the Senate. But by mid-November, with the midterm elections looming,

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MacroBusiness Tuesday, February 3, 2026 - 10:00 Source

When the Albanese government came to office, it quickly raised Australia’s permanent migrant intake by 30,000 to 195,000 annually. It also raised the humanitarian intake by around 7,000 annually to 20,000. The permanent migration intake has since been reduced back to 185,000. So, along with the 20,000 annual humanitarian intake, the official permanent migrant program

Read more Views: 41
Renew Economy Tuesday, February 3, 2026 - 09:35 Source

south australia rooftop solarSouth Australia Liberal Party unveils $20 million election promise to deliver discounted rooftop solar systems for rental properties, in a last-minute pitch to voters.

The post South Australia Liberals pitch cheap solar for renters in lead-up to state election appeared first on Renew Economy.

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Your Democracy Tuesday, February 3, 2026 - 09:34 Source

The conservative commentariat that didn’t want rate cuts last year is urging the RBA to increase rates tomorrow, but it may not happen, Michael Pascoe writes.

The money market betting is that the Governor Michele Bullock will announce a 25-point rate rise Tuesday afternoon. The herd is following the preferred commentary of the national media, much of which hasn’t forgiven the RBA for cutting rates last year.

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MacroBusiness Tuesday, February 3, 2026 - 09:30 Source

ANZ job ads are in their strongest surge in three years. Labour demand often rises at the beginning of the year (the job advertisements series grew 6.2% m/m in January 2019 and 3.9% m/m in January 2017). The increase in January comes after the unemployment rate dropped to 4.1% and employment increased by 65.2k in

The post Job ads surge locks in rate hike appeared first on MacroBusiness.

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Renew Economy Tuesday, February 3, 2026 - 09:24 Source

Capacity payments jump sharply as regulators focus on big batteries with more storage. And despite the drop in cells prices, other costs have gone up.

The post Big batteries to get paid a lot more for having six hours of storage instead of four appeared first on Renew Economy.

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MacroBusiness Tuesday, February 3, 2026 - 09:00 Source

Overnight saw the release of a very strong US ISM manufacturing PMI print which gave industrial stocks on Wall Street a big lift and will likely spread to a risk on mood here in Asia on the open.  The USD saw a small lift against most of the undollars as Euro fell below the 1.18

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 08:05 Source

Exclusively from national treasure, Gerard Minack. Australian rates and sticky inflation Expectations for RBA policy have swung 180° through the past three months, from easing to tightening, as inflation lifted through the second half of 2025.  There is noise in the data so I’m not as sure as the market that the RBA will tighten

The post Minack exclusive: Immigration blowing inflation roof off appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 3, 2026 - 08:00 Source

DXY is back in a big short squeeze. AUD was dumped then pumped. CNY supportive. JPY not. Slaughter. More slaughter. Miners held on. EM still coming off. Junk no bueno. The Warsh effect on yields will not please the boss. Stocks rebounded moderately. In data, the ISM popped. Relative US growth is surging versus the

The post Australian dollar down but not out appeared first on MacroBusiness.

Read more Views: 48
Your Democracy Tuesday, February 3, 2026 - 07:31 Source

India and the US have agreed to a trade deal, President Donald Trump said in a social media post on Monday.

The countries failed to reach an agreement after several rounds of talks in 2025 and Washington imposed a 50% tariff on New Delhi, half of which was a penalty for India’s purchases of Russian oil.

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The Tally Room Tuesday, February 3, 2026 - 07:00 Source

Ben was joined by Donna Weeks, emeritus professor at Musashino University, to discuss this coming weekend’s Japanese general election, where new prime minister Sanae Takaichi will be attempting to achieve her own mandate.

Read more Views: 47
Your Democracy Tuesday, February 3, 2026 - 06:55 Source

Russia’s Foreign Intelligence Service: France preparing coups in AfricaFrance is preparing scenarios for neo-colonial coups on the African continent and is looking for opportunities for ‘political revenge’ in the region, TASS reports with reference to the Press Bureau of the Foreign Intelligence Service (SVR) of Russia.

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Your Democracy Tuesday, February 3, 2026 - 05:44 Source

A half-dozen masked and unidentifiable Immigration and Customs Enforcement (ICE) agents killed a 37-year-old federal employee, a nurse, on Jan. 24 by spraying pepper spray into his eyes, pushing him to the ground, stealing his lawfully owned and carried handgun, and then shooting him nine times in the back. 

 

American Gestapo/American Psycho

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MacroBusiness Tuesday, February 3, 2026 - 00:01 Source

Australia’s 5% deposit scheme has triggered a surge in first‑home buyer activity, but mortgage brokers warn the same policy is now likely to hurt those buyers the most if interest rates rise on Tuesday. Loan Market data shows a 49% jump in first‑home buyer mortgage applications in October (when the scheme began). Activity slowed in November but

The post First home buyers suckered into bubble market appeared first on MacroBusiness.

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Renew Economy Monday, February 2, 2026 - 21:45 Source

The world’s largest compressed air energy storage facility has reached full operation in underground salt caverns in the eastern Chinese province of Jiangsu.

The post World’s largest compressed air energy storage facility goes online in China salt caverns appeared first on Renew Economy.

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Your Democracy Monday, February 2, 2026 - 20:32 Source

For Sarah Ferguson and Princesses Beatrice and Eugenie, this latest drop of Epstein emails will only add to their embarrassment.

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Renew Economy Monday, February 2, 2026 - 19:39 Source

 Stellar PVAustralia is keen to build key components of the solar supply chain, and a new study says a plan to make solar wafers could be competitive.

The post A $400m project for Australian-made solar wafers could be competitive with Chinese industry, study says appeared first on Renew Economy.

Read more Views: 53

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