Since the end of 2019, Australia has recorded the strongest net overseas migration (NOM) in the nation’s history, with 266,000 net migrants arriving annually, including the Covid-19 border closures: According to Shane Oliver at AMP, Australia’s cumulative housing shortage is tracking somewhere between 200,000 and 300,000, depending on assumptions about the number of people per
Former Treasury official turned director of Macroeconomics Advisory, Stephen Anthony, is one of the few economists who understands the pitfalls of Australia’s transition to an all-renewable energy future. Anthony penned an article in the Daily Telegraph warning that the foolhardy push to close down Australia’s stable, baseload coal power for intermittent, weather-dependent renewables will drive
Renewables dedicated offshoot of finance giant Macquarie emerges as buyer of oil giant's gigawatt-scale portfolio of solar and storage projects around Australia.
The post Investment giant snaps up 1 GW solar and battery portfolio of retreating oil supermajor appeared first on Renew Economy.
Iron ore futures have been on a significant sag in Singapore over the Chinese Lunar New Year break. Chinese markets reopen tomorrow, and we typically see a bounce in ferrous prices after the holiday. That said, I am looking through it this year and holding my shorts. The market is fundamentally weak with far too
The post Iron ore’s long losing streak set for reprieve? appeared first on MacroBusiness.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
Last week, the Australian Bureau of Statistics (ABS) released wage data for the December quarter, which revealed that real inflation-adjusted wages fell by 0.3% in 2025, tracking at the same level as December 2011. The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy also projected that real wages won’t recover over its forecast
Anthony Albanese is a renowned backroom bovver boy. He doesn’t care about policy or the country. He cares about power and keeping his side in charge of it. And boy, is he on a winner with One Nation. As noted last week, ON is now destroying the opposition LNP at the state level just as
The post Albo is deliberately building One Nation appeared first on MacroBusiness.
The US Supreme Court ruled on February 22, 2026, that Donald Trump’s International Emergency Economic Powers Act’s tariffs were invalid. This includes the “reciprocal” tariffs and those imposed on Canada, China, Mexico, and other countries under different emergency declarations. Not long after the decision, President Trump announced a 10% “global tariff” under Section 122. But
Too often I dream
Our lousy world leaders
Spirited from the ice cream
But to the world’s horrors
Replacement would be
Stung evermore by the bee
Imagine Rubio Hegseth or Vance
Taking over the Donald’s trance
Spinning the macabre dance
Of a debauched Epstein stance
Should we take such a chance
Til one left is Chuck Schumer
Or a loser named Booker
With the resignation of former Liberal Party leader Sussan Ley from federal parliament, the newly minted leadership of Angus Taylor has been well and truly thrown in at the deep end. Following Ley’s resignation, there will be a byelection in her former seat of Farrer. Once, it was a blue ribbon safe seat for the
The post Angus Taylor, the clock is ticking appeared first on MacroBusiness.
Only Parliamentary nerds noticed. One such nerd Rex Patrick noticed and reports on a transparency dummy spit by Labor on the floor of the Senate.
Formal Business
From the bestselling author of SPQR: A History of Ancient Rome, the fascinating story of how images of Roman autocrats have influenced art, culture, and the representation of power for more than 2,000 years....
Twelve Caesars: Images of Power from the Ancient World to the Modern
BY Mary Beard
Thursday’s labour force data from the Australian Bureau of Statistics (ABS) has put the Reserve Bank of Australia (RBA) under more pressure to hike interest rates. Australia’s headline unemployment rate remained at 4.1% in January amid solid employment growth of 17,800. The number of hours worked also rose by a solid 0.6% in January. As
Last week, the UK committed up to £1 billion to community and local energy, with an ambition that by 2030, every community will have the opportunity to own an energy project. Australia should take notice.
The post The UK has just thrown its weight behind community energy. Australia should too appeared first on Renew Economy.