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Oz Blog News Commentary
MacroBusiness Wednesday, February 25, 2026 - 10:30 Source

ANZ’s major projects series has some good and bad news. In 2024–2025, major projects in Australia’s pipeline will reach $71 billion. They are expected to peak at $105 billion in 2027–2028, later than ANZ previously thought. This change happened because project schedules and financial situations have changed. After a decade of huge public megaprojects, Australia’s

The post Capex outlook shifts from everthing to energy appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 25, 2026 - 10:00 Source

Australia’s housing affordability has never been worse. According to Cotality, the nation’s dwelling price-to-income ratio was tracking at a record high of 8.2 in the September quarter of 2025: The time taken to save a 20% deposit was a record high 11 years, according to Cotality: The share of income required to pay the median

The post Single Australians give up home ownership dream appeared first on MacroBusiness.

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Your Democracy Wednesday, February 25, 2026 - 09:45 Source

Vladimir Zelensky brought some of his most ardent fans to Kiev to mark the fourth anniversary of his wartime leadership, but the supporting actors in the Ukraine Cinematic Universe had little to offer him.

A look at the guests who showed up suggests Ukraine’s backers are divided into those who have to and those who don’t.

 

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MacroBusiness Wednesday, February 25, 2026 - 09:30 Source

Today’s national polling roundup suggests a modest movement following the Liberal leadership change, with the LNP improving slightly but not decisively reshaping the political landscape. The latest YouGov-Sky News Pulse poll shows the Coalition rising three points to 22%, narrowing but not overtaking One Nation, which fell four points to 24%. Labor slipped one point

The post LNP stalls One Nation advance appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 25, 2026 - 09:00 Source

There’s not much very encouraging going on for ferrous. Chinese markets reopned, popped and dropped. Steel is at news lows. SGX was the outlier. SMM tells of a weak market as the most-traded contract, I2605, closed at 740.5 yuan/mt, which is 1.79% lower than the previous trading day. This means that DCE iron ore continued

The post Iron ore roars, coughs, and falls appeared first on MacroBusiness.

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The Tally Room Wednesday, February 25, 2026 - 09:00 Source

How does owning your home or renting impact on how you vote? For today’s podcast, Ben was joined by Shaun Ratcliff and Josh Goddard to discuss what we know about how home ownership (or asset ownership more broadly) influences voting trends. We discuss Josh’s research looking at 14 different Western democracies, and also hear from Shaun about more research closer to home.

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Your Democracy Wednesday, February 25, 2026 - 08:57 Source

President Donald Trump announced Thursday that the Environmental Protection Agency is rescinding the legal finding that it has relied on for nearly two decades to limit the heat-trapping pollution that spews from vehicle tailpipes, oil refineries and factories.

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MacroBusiness Wednesday, February 25, 2026 - 08:30 Source

The issue of economic management has often been a hotly contested topic in the battles and debates that define Australian federal politics. For many Australians who follow federal politics, the phrase “superior economic management” is all but burned into our collective memories. But the simple reality is that both sides have done a poor job

The post Australia’s flatlining economy appeared first on MacroBusiness.

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Your Democracy Wednesday, February 25, 2026 - 06:55 Source

 

Jewish orgs request Tony Burke reject Australian visa for Israeli journalist as his funders’ links to IDF emerge. Stephanie Tran reports. 

A coalition of Australian Jewish organisations has written to the Home Affairs Minister Tony Burke, urging him to cancel the visa of Israeli journalist Zvi Yehezkeli on character grounds, citing comments in which he called for mass killings in Gaza and advocated violence against journalists.

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Your Democracy Wednesday, February 25, 2026 - 05:55 Source

 

A US allegation that China conducted a secret nuclear test was widely reported despite clear evidence to the contrary, highlighting how security claims are too often treated as facts before they are proven.

There used to be a simple rule in newsrooms: allegation is not evidence.

It’s not that difficult to understand. You just don’t treat a claim as a fact until someone, somewhere, had actually proven it.

 

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Your Democracy Wednesday, February 25, 2026 - 05:33 Source

California Governor Gavin Newsom has drawn sharp backlash after telling an Atlanta audience, “I’m like you,”while describing his low SAT score and reading difficulties, remarks critics have interpreted as an ill-judged attempt to connect with black voters.  

Newsom, widely discussed as a potential candidate for the 2028 US presidential election, made the comments during an appearance aimed at engaging African-American voters.   

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Your Democracy Wednesday, February 25, 2026 - 05:00 Source

 

The U.S. secretary of state is reviving the language and intent of 19th century colonialism to deter what he sees as “the forces of civilizational erasure that today menace both America and Europe alike,” writes Joe Lauria.

 

Marco Rubio’s Cecil Rhodes Moment

By Joe Lauria

Special to Consortium News

 

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Your Democracy Wednesday, February 25, 2026 - 04:33 Source

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MacroBusiness Wednesday, February 25, 2026 - 00:01 Source

The Australian newspaper has used the Parliamentary Budget Office’s (PBO) budget tool to attack One Nation’s proposal to cap visas at 130,000 a year and aim for net-zero immigration. The analysis claims that a net-zero migration policy could reduce federal government revenue by about $100 billion over the next decade, including nearly $80 billion in

The post PBO’s migration analysis doesn’t add up appeared first on MacroBusiness.

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Renew Economy Wednesday, February 25, 2026 - 00:01 Source

Australia's largest independent renewable energy and grid integration testing facility, used to simulate and stress test real-world conditions, has had a $3m upgrade.

The post Australia’s biggest renewable grid “stress test” facility gets a $3 million upgrade appeared first on Renew Economy.

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Renew Economy Wednesday, February 25, 2026 - 00:01 Source

New analysis finds that raising fixed network charges could snatch back the savings promised to solar households through the federal battery rebate.

The post Higher fixed network tariffs could erase the benefits of the Cheaper Home Batteries rebate appeared first on Renew Economy.

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Renew Economy Tuesday, February 24, 2026 - 20:47 Source

When a growing share of electricity generation depends on sunlight, the ability to predict earlier and respond faster can start to matter as much as owning megawatt-hours.

The post Minutes vs megawatt-hours: What changes when weather forecasting becomes a form of infrastructure? appeared first on Renew Economy.

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Renew Economy Tuesday, February 24, 2026 - 18:31 Source

torrens island gas battery ccsNew report pinpoints gas as the main driver of rising electricity prices over the past decade, and chief eroder of the "bill-busting benefits" of cheap solar and wind.

The post Gas the “stealthy price setter” of Australia’s high electricity bills, as batteries continue to bite appeared first on Renew Economy.

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MacroBusiness Tuesday, February 24, 2026 - 15:57 Source

Tonight I will be appearing on DFA Live with Martin North from 8.00pm AEST, where we will discuss everything to do with the housing market and economy. The YouTube feed is below. I hope to see you there.

The post Join me tonight on DFA Live with Martin North appeared first on MacroBusiness.

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Renew Economy Tuesday, February 24, 2026 - 15:17 Source

A new battery brand "dedicated exclusively to the home" has launched onto the rebate-charged Australian market, offering three different sizes and a low starting price.

The post New battery made “exclusively” for homes launches onto red-hot Australian market appeared first on Renew Economy.

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Renew Economy Tuesday, February 24, 2026 - 15:00 Source

Fox ESS launches the H3 PRO Hybrid Inverter in Australia, expanding flexible, VPP-ready storage solutions for residential and commercial markets.

The post Fox ESS enhances versatile energy storage solutions with the new H3 PRO hybrid inverter appeared first on Renew Economy.

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Renew Economy Tuesday, February 24, 2026 - 13:58 Source

 RE DevelopmentsA WA developer is pitching a new $500 million battery along the backbone network between former coal hub Collie and the demand centre in Perth.

The post Local developer pitches gigawatt-hour big battery to help Perth quit coal appeared first on Renew Economy.

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Renew Economy Tuesday, February 24, 2026 - 13:47 Source

big battery Neoen Tesla VictoriaHMC Capital boss bats off "harsh" takes on the listed company's energy transition fund strategy, saying it has "fantastic assets" and is "deep in negotiation" with electricity off-takers.

The post HMC says “fantastic” wind, solar and battery assets can rival real estate as the fund’s biggest earner appeared first on Renew Economy.

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MacroBusiness Tuesday, February 24, 2026 - 13:30 Source

Chinese markets are open again, and dirt is flying. This is a typical post-Lunar New Year bounce, yet I am opting to look through it this year to the June seasonal headwind because the market remains fundamentally weak. Witness China bullying around iron ore price assessments. Chinese central desk buyer CMRG has pushed several major

The post Iron ore roars out of Chinese new year appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2026 - 13:00 Source

Independent economist Tony Alexander argues in a new report that New Zealand’s three-decade, investor-driven house price boom is over. Average house price growth has structurally slowed, investor participation has fallen, and the psychological “must buy now” pressure that dominated since the mid‑1990s has dissipated. Alexander believes that housing will still rise over time, but at

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MacroBusiness Tuesday, February 24, 2026 - 12:30 Source

The push to restore the new LNP leadership team has begun in the conservative press with open propaganda. One Nation’s plan for “net zero” migration could blow out Australia’s debt by almost $420bn over the next 10 years, while barely making a dent in the nation’s welfare bill over the same period, bringing into question

The post Zero immigration will not cost Australia $420bn appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2026 - 12:00 Source

Since the COVID-19 lockdowns began in Australia in March 2020, housing prices in the country’s largest cities have grown at dramatically different rates. As shown below using PropTrack data, home values in Brisbane, Perth, and Adelaide have roughly doubled, whereas values in Sydney and Melbourne have grown at significantly slower rates. According to Cotality’s daily

The post The true drivers of Australian house prices appeared first on MacroBusiness.

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Your Democracy Tuesday, February 24, 2026 - 11:47 Source

Since the 1980s, the UAE has been a major transit hub for gems, minerals, metals, and contraband from around the world. During that decade, the once-sleepy emirate, known for its fishing and pearl diving industries, transformed into a center for transnational capital—including arms trafficking, diamond smuggling, and money laundering.

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MacroBusiness Tuesday, February 24, 2026 - 11:30 Source

Nasdaq is enjoying a bearish 50/100 bearish cross. It wasn’t pretty the last time this happened. Amazingly, the NTM PE on Info TEch is now the same as Staples. When dealer gamma is negative like this, indicating the market is short, the market makers buy as prices  rise and sell if they fall, raising volatility.

The post Sagnificent 7 hits the skids appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2026 - 11:00 Source

For those old enough, the Sydney Olympics held from 15 September to 1 October 2000 was ‘peak Australia’. It was a time when national pride and unity were at an all-time high. Australian living standards were peaking, per capita economic growth and productivity were strong, and homes were still affordable. The year 2000 was also

The post Wanting lower immigration isn’t “far right” appeared first on MacroBusiness.

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