Blogotariat

The past month has seen a procession of opinion polls proving that Australians reject excessively high immigration levels. Polling by Macquarie University’s Housing and Urban Research Centre showed that two-thirds (66%) of respondents believe that Australia should reduce the rate of immigration to address the housing crisis: Resolve Political Monitor’s polling of 1,800 Aussies from

There is nothing gold likes less than a strong DXY supported by a hawkish central bank. The Market Ear. Watching $3900 Gold putting in another big down candle. $3900 is the line in sand level to watch (50 day comes in slightly lower). A close below that area and things could accelerate further to the

The post Into the golden toilet appeared first on MacroBusiness.

WA's main grid - the biggest isolated system in the world - hits a remarkable new renewables peak of 89 per cent, driven mostly by rooftop solar.

The problem with wind and solar power is that they are weather-dependent and intermittent. Renewables don’t balance supply with demand. They supply too much power when it isn’t needed (e.g., in the middle of the day) and minimal power at other times, including the evening peak. This solar glut can also force energy regulators to

The post Albo launches new energy gimmick appeared first on MacroBusiness.

The jaws must shut to restore steel mill profitability. The range trade must break down. Scuttlebutt is nasty. Iron ore prices typically rebound from early November to February before easing. However, significant losses from winter stockpiling in recent years, along with current high operating rates, may curb stockpiling enthusiasm this year, said Chinese broker Zhongtai

The post Iron ore threatens breakdown appeared first on MacroBusiness.

Wall Street corrected sharply overnight led mainly by tech stocks as the NASDAQ fell back nearly 2% in response to a variety of concerns – mainly the looming spectre of stagflation – but also some disappointment around earnings at the orc-stronghold of Palantir. The USD is pushing higher against all the majors with the Canadian

The post Macro Morning appeared first on MacroBusiness.

Installation completed of all 66,000 solar panels at what will be Australia's largest off-grid renewable project, as another remote mine shifts from fossil fuels.

Cheaper power for renewables neighbours has been much requested, but difficult to do. A startup says it can make work for both communities and developers.

Hydro Tasmania has just posted its worst financial result in recent memory, but you’d have to read between the lines to understand how serious the situation is.

Liberal Party holds hours-long talks on climate and energy, with nuclear still top of mind and no firm commitment to net zero.

Amber's Chris Thompson talks home batteries and V2G at All Energy, while RE-Alliance's Andrew Bray and Uralla Council's Emily Sims discuss social licence in New England. And the news of the week, including EPBC and Tomago.

Environment advocates and industry groups are critical of elements of the federal government's proposed fixes to broken nature protection laws.

The latest figures on intimate partner femicide show much of a recent rise in men killing women has now been reversed, at least temporarily. Prologue: Violence against women is a bad thing, and it’s still bad even when, as the … Continue reading →