Blogotariat

One of Austraia's most controversial gas fired power stations is starting operations. Here is a look back at exaggerated claims, political failures and a hydrogen folly.

Eliza Owen, head of research at Cotality, has published the following chart on the amount of principal and interest repayments for the median Australian dwelling value ($848,858) under the Albanese government’s 5% deposit scheme for first-home buyers, which comes into effect on Wednesday. Under Labor’s First Home Guarantee scheme, purchasers will be able to buy

In this Energy Insiders, Matt Kean on Australia’s 2035 emissions target. Plus, offshore wind pioneer Andy Evans on the opportunities and risks in the country’s clean energy transition.

The first big battery in New Zealand is already reducing prices, even on a grid dominated by hydro, the market operator says.

The Tathra energy hub will be Synergy's biggest foray into wind and solar yet, but it will have some big battery experience to lean on.

Australia’s housing market is experiencing a strong upswing. According to Cotality, last week’s national final auction clearance rate increased to 71.6%, the highest result for capital cities since early June 2023 (73.1%). It was also the third time in five weeks that the final clearance rate was above 70%. As shown in the chart below,

The post FOMO sends house prices into orbit appeared first on MacroBusiness.

China accounted for nearly one-third (31.5%) of global carbon emissions in 2023. China alone also accounted for 67% of the rise in the world’s carbon emissions between 2000 and 2023. This month, the Albanese government announced that Australia, which only accounts for around 1% of global emissions, will reduce emissions by more than 62% and

The post China plays the West for fools on climate change appeared first on MacroBusiness.

Today’s blog post is inspired by a strange opinion piece in the Nine papers yesterday by former federal Liberal Attorney-General George Brandis.

Brandis’ piece (in addition to incorrectly stating that the last increase in the size of parliament was in 1987) makes two main claims about political advantages for Labor and the Greens in the expansion of parliament:

Andrew Forrest's new wind deal signals the entry of a new "self lifting" technology and a new turbine supplier in the Australian market.

Recent figures from the Department of Home Affairs revealed that almost 100,000 asylum seekers had their claims for asylum in Australia rejected, yet they remained in the country. This includes an estimated 50,000 who have completely exhausted their avenues for appeal. This figure has been heavily driven by individuals formerly on student visas applying for

The post Australia is acting like a failed state appeared first on MacroBusiness.

The Russian side has refused trilateral meetings with US President Donald Trump and representatives from Ukraine, US Vice President J.D. Vance claimed in an interview with Fox News on Sunday.

Trump has increasingly expressed impatience with the pace of Ukraine peace talks. The Kremlin says Kiev has demonstrated that it is not interested in peace by sticking to megaphone diplomacy and ignoring Russian settlement proposals.

Bob Brown’s latest book, Defiance, is a salubrious breath of a tall peppermint native forest. It’s not a hard book, but rather only hard to heed for some.

Defiance — we learn — is contagious. In the face of accelerating subsidised consumption of Mother Earth’s biotic and abiotic resources, bold action is the answer.

“Stubborn empty nesters” refusing to downsize from their family-friendly homes have become Australia’s latest housing scapegoat. In April, the Daily Telegraph’s Taylor Troeth cited research from Australian Seniors showing that two-thirds of empty nesters in NSW “were still living in large family homes with no plans to sell, despite research showing this could free up

The post Beware Australia’s latest housing scapegoat appeared first on MacroBusiness.