The great CBA bubble is deflating. The valuation metrics got completely out of hand. The forward P/E has tanked to about 24x, still well above the historical average of about 15x, so there is room for more falls. Why is it so? One reason is that global banks have been re-rated amid the monetary easing
The post Why is the Aussie bank bubble bursting? appeared first on MacroBusiness.
Solar delivered the 
Fortescue reckons it has secured lowest prices for its big batteries, and says its first project has already "saved its bacon" by keeping processing plants running despite fossil fuel hiccups.
The post “It’s already saved our bacon:” Fortescue says its big batteries were bought at lowest prices seen in Australia appeared first on Renew Economy.
Crikey has been publishing Wanning Sun for years now. Her bio is interesting. Wanning Sun is a professor of media and cultural studies at the University of Technology, Sydney. She also serves as the deputy director of the UTS Australia-China Relations Institute. She is a fellow of the Australian Academy of the Humanities and a
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Engie takes full ownership of its first big battery, located at the site of what was the world's most polluting coal generator.
The post All grown up: French giant takes full control of big battery built at site of world’s dirtiest coal generator appeared first on Renew Economy.
Yes, you read it right. The last quarter of wholesale electricity has been the cheapest since the Albanese government came to power, averaging around 50Mw/h. This excellent outcome can be attributed to several factors. Power usage is well down quarter on quarter, year on year, thanks to a very mild summer. This, in turn, has
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The recent divisions between the Liberal Party and the Nationals, which seem to have culminated in the Nationals ending the coalition this morning, have made me think of the long history of the smaller conservative coalition partner exercising it’s influence over the larger party’s leadership.
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, breaks down the global market selloff triggered by a sharp jump in Japanese bond yields — exploring what drove the move, why it rattled equities and currencies worldwide, and what it all means for investors navigating rising-rate risks. Join us when we go LIVE!
The odds of a near-term interest rate hike have increased dramatically following Thursday’s labour force report from the Australian Bureau of Statistics, which showed that headline unemployment declined to 4.1% in December, down from 4.3%. The key statistics are illustrated in the table below from Alex Joiner at IFM Investors: Most notably, the number of
UNSW Professor Matthew England, a global authority on Southern Ocean modelling, explains the alarming warming of our seas. Plus: coal power extended in two states, and the week’s other key stories.
The post Video: Our oceans are heating and we are still burning coal | Energy Insiders appeared first on Renew Economy.
At the May 2025 federal election, the Coalition secured just 21% of the primary vote of the members of Gen Y, only marginally above the Greens at 19% and well below Labor at 37%. But it wasn’t always like this for the Coalition and the Australian right. At the 2004 election, when the eldest member
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Australia is already experiencing its worst rental crisis in modern history, with capital city advertised rents soaring by 43% over the past five years (to Q4 2025), adding $11,115 to the annual rental bill of the median tenant, according to Cotality. The Australian Bureau of Statistics (ABS) released housing construction data for the September quarter
An American think-tank has some bad news for Europe. Just as the continent tries to wriggle free from an abusive relationship with Washington, it turns out they’ve never been more dependent on their tormentor.
Of all the hills to die on, this has to be the strangest. A major political party is coming apart owing to a thousand-year war on the other side of the planet that has zero bearing upon it. Sussan Ley has pleaded with the Nationals to stay in the Coalition after the country party’s frontbench
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Australia has experienced the strongest population growth in the developed world this century. According to the ABS’ Population clock, the nation’s population has expanded by 8.9 million people this century, a 47% increase. Australia has also experienced the biggest immigration boom in the nation’s history under the Albanese government, which has fueled the nation’s rental