Even the missteps of the American Madman can have a positive aspect. China still relies less on foreign energy sources than most large nations, but it has vulnerabilities worth exposing from time to time. This degree of dependence is far lower than that of major European industrial nations like Germany, Italy, and Spain, as well
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The Australian Bureau of Statistics (ABS) released national accounts data for the December quarter, which printed headline real GDP growth of 0.8% over the quarter and 2.6% year-on-year. The result beat expectations of 2.2% growth. Thanks to backward revisions, per capita GDP has now grown for four consecutive quarters, rising by 0.9% in 2025, the
Charts from TME. Like acne. AI bubbles are bursting everywhere. An oil shock is almost uniquely well-placed to smash tech because it causes a spike in duration, which hammers growth stocks on long-term ROE horizons. We already know that the Sag7 are kaput. Do you like your KOSPI served crispy? Who’s next? The cause is,
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The latest quarterly dwelling completions data from the Australian Bureau of Statistics (ABS) showed that over the first 15 months of the National Housing Accord, 81,000 (27%) fewer homes were constructed than required to meet the government’s target of building 1.2 million homes over five years, commencing July 1, 2024: Out of the major markets,
Australian growth will be okay today, by all accounts. Forecasters have the December quarter coming in at 0.7-1.1% supported, largely, by, you guessed it, Albo’s rampant spending. Despite a significant decline in public infrastructure work (-3.8% qtr), public investment increased 0.9% qtr in Q4. Strength was centred at the federal level, where federal public corporations’
Two weeks ago, I flew to Sydney to record an SBS Insight special examining the immigration debate in Australia. The scissor reel below showcases my three appearances on the episode: SBS did a competent job presenting my arguments with minimal editing. But, as with all such shows, I would have said more if I could.
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New photo requirements now in place for installations under the Cheaper Home Batteries scheme in a bid to boost safety and labelling.
The post New rules kick in for home battery installs ahead of expected rebate rush appeared first on Renew Economy.
Asian LNG prices are rising at 20% per day and hit $22.50 overnight. Locally, gas prices are falling, apparently owing to unusually weak NEM demand. The fuel mix suggests weak demand owing to good weather and even weaker gas usage. This is great timing, but Australia’s worst minister, the Mad King, is already encouraging the
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A whopping $34 billion is expected to flow to the biggest economy in the nation with renewable energy in the driver's seat to lead the economic charge.
The post New state investment vehicle launches with $34 billion renewables push appeared first on Renew Economy.
DXY is a one-armed bricklayer in Tehran. To the moon! North Asia has buckled. AUD crashed overnight, then recovered about half as local fundies scramble for Sag7 hedges. Oil pumped and dumped, forgetting that the quickest way to end this war is to deliver an energy shock to the Trump TACO. Gold printed a terrifying
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In this world, there are a few things that are truly certain: death, taxes, and the fact that the sun rises in the East and sets in the West. But in Australia, there is one thing that can be added to that ancient list: claims that the big banks are gouging their customers, particularly when
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Mocking a prime minister for wishing Chinese Australians a happy new year says less about foreign policy than about how national identity is being weaponised in domestic politics.
The US–Israel war on Iran is a direct breach of the UN Charter and a blow to international law. But the attempt to impose global hegemony and hollow out the UN will ultimately fail in a multipolar world determined to resist domination.
Multiple commanders across all branches of the US military have offered a fundamentalist Christian explanation for the attack on Iran, describing President Donald Trump as the harbinger of the Second Coming and the conflict itself as a “signal fire”for Armageddon, the Military Religious Freedom Foundation (MRFF) has reported.
Australia’s housing market has never been this expensive. According to Shane Oliver, chief economist at AMP, home prices nationally are tracking at their highest level ever relative to wages and household disposable incomes: The Reserve Bank of Australia (RBA) has already delivered one 0.25% interest rate hike, with the interest rate futures market expecting at