One of Australia's biggest proposed pumped hydro projects has been given a federal green tick to undertake exploratory works in Queensland's Gympie region.
The post Huge Queensland pumped hydro project gets federal green tick to begin stage one works appeared first on Renew Economy.
On Thursday, the Australian Bureau of Statistics (ABS) released official population and immigration data for the June quarter, revealing that annual net overseas migration (NOM) declined to 305,500. The decline in annual NOM came despite the ABS at the same time releasing detailed labour force data for November, showing that working-age (15-plus) population growth has
The world's biggest isolated grid, in Western Australia, is currently the most gas dependent in the country, but this share will decline rapidly even after the exit of coal.
The post Gas power faces rapid decline in world’s biggest isolated grid, even after exit of coal, as batteries hold court appeared first on Renew Economy.
Two months ago, the Queensland government signalled a major retreat from net zero, announcing it would extend the life of coal-fired power stations until the mid-2040s and expand gas generation capacity under its new five-year energy roadmap. The move significantly undermined the Albanese government’s ambitious 62% to 70% emissions reduction target by 2035. The five-year
As the horrific details of the Bondi massacre came to light, many Australians have been wondering how this could have happened. How did Naveed Akram, linked to Islamic State (ISIS) since 2019, live in a home with his father, Sajid Akram and his half a dozen registered firearms from 2023 onwards? Based on a study
The post ASIO, Bondi and the far right appeared first on MacroBusiness.
The Suburban Rail Loop (SRL) proposed by the Victorian government was opposed by almost all infrastructure experts due to its high cost, lack of a business case, failure to pass any objective cost-benefit analysis, and inability to generate sufficient customer demand. For instance, the SRL East and North parts have a benefit-cost ratio (BCR) of

As the negotiations for a diplomatic settlement to end the war in Ukraine gain momentum, European leaders insist on slowing them down by repeating three lies. These are, essentially, the same lies they have been telling since the war began.
A paradoxically unvolatile session overnight as Wall Street bounced back on a surprise downside print in US inflation while the ECB and BOE held fire on interest rate rises all of which barely moved currency markets. Asian share markets should expect a boost in the final full volume trading session before the Xmas break with
The post Macro Morning appeared first on MacroBusiness.
The iron ore price has risen by about 7% so far in 2025, but CBA head of commodities Vivek Dhar warns that oversupply concerns could soon see the price of the steel input fall below $US$100 per tonne. Dhar notes that demand headwinds are accelerating in China, while shipments from the Simandou project in Guinea
The post Bears growl at “cracking” iron ore market appeared first on MacroBusiness.
Market operator turns to country's most powerful battery to guarantee supplies with one third of the NSW coal fleet offline in the middle of a heatwave.
The post Australia’s most powerful battery put on standby to prevent blackouts with four big coal units offline appeared first on Renew Economy.
Ausgrid will start building the REZ based around existing infrastructure in early 2026, with work expected to be done within two years.
The post Construction begins on network upgrade to bring major coal region into the energy future appeared first on Renew Economy.
From the Market Ear: SOX – from sexy to soggy Over the weekend we flagged the risk of a massive SOX double top. Today, that risk is starting to materialise. SOX is slicing through the 50-day and slamming into its longer-term trend line. Lose this level and the downside gets ugly fast, with the 200-day
The post Semiconductor index breaks at worst possible time appeared first on MacroBusiness.

A Jewish woman wearing a Keffiyeh as well as the Star of David was escorted off Bondi Beach by police. The resulting social media storm led to death threats to her and to her friend.
I am writing this knowing it will likely result in more death threats.
It is time to look back at digital technology in 2025 and make light of it. This review will be arranged much like the Oscars, with awards in various categories. Just as in past years, there are three criteria for the dozen awards this year:• The award must involve digital technology, such as viral videos or crazy communications technologies• The key event must have taken place this year, 2025.• The award cannot take itself seriously. The event receiving attention must lend itself to sass, sarcasm, and ridicule.
China (31.8% share in 2024) and India (8.3% share in 2024) have driven the increase in global carbon emissions this century. Both nations have shown an insatiable appetite for coal. In 2024, China accounted for 55.8% of the world’s coal consumption, whereas India accounted for 13.9%. Australia, by contrast, accounted for only 0.9% of the