In a previous article, I detailed part of drive to Sydney in our then relatively new EV, the main part of that article was about battery developments in China1. However, we recently embarked on another road trip, driving from Canberra to Adelaide and back, a distance of about 3,000 kilometres all up (including side trips).
Charts from TME. Stocks printed a large hammer reversal as the G7 and Trump TACO rescued the day. God bless it. VIX is mean-reverting, so if we see an incremental shift towards the TACO from here, then stocks will automatically rise. Oil-printed a huge shooting star. This looks overdone to me. But it is a
The post Stocks roar on the TACO appeared first on MacroBusiness.
Australia claimed impotence over Gaza but is now sending military support to the US-Israel war in the Gulf. Andrew Brown on the hypocrisy of a nation which prides itself on fairness.
This week Australia announced it would help defend the United Arab Emirates from Iranian attack.
Justin Fabo from Antipodean Macro produced the following chart, showing how Australia’s labour productivity growth (i.e., GDP per hour worked) has ranked among the poorest in the advanced world over the past decade. One of the longer-term factors behind Australia’s poor productivity growth is “capital shallowing”. I.e., the population, via immigration, has grown faster than
Trump says US has won ‘but we haven’t won enough’
At a news conference, the US president downplays the spike in oil prices and says the Iran war will eventually result in lower prices.
Join industry experts for an in-depth discussion on DC-coupled solar and battery hybrid systems transforming Australia's renewable energy landscape.
The post Video: The energy transition with DC-coupled solar and storage appeared first on Renew Economy.
DXY flamed out last night on the G7 unpledge to release petroleum reserves. AUD reversed all of the losses. Oil tanked. North Asia is still struggling. The AI metal swoon reversed. As did the mining crash. Plus EM. Junk is still nervy. US yields reflected the jobs, not the oil shocker. Stocks bid WIII hard.
A large-scale solar and battery project that was sent to the state planning arbiter by more than 80 written objections – none of them local – has been cleared to go ahead.
I noted on Monday how Australia is facing rising energy costs on three fronts: Soaring petrol/diesel prices Rising gas prices Rising electricity prices. The most immediate shock is higher petrol/diesel prices, which have risen above $2 per litre in most capital cities. As illustrated below by Justin Fabo from Antipodean Macro, global oil prices have
Yes, you read that right, you’re about to get power and gas bill cuts. Gas prices have tanked over the last quarter. This is especially striking given the spike in Asian LNG prices above $23Gj. The falling gas price has helped wholesale electricity prices fall over the last five months from an average of $116M/h
The post Energy superidiot to get utility price cuts appeared first on MacroBusiness.
The G7 will bail out the American Idiot with its strategic petroleum reserve after he proposed a 300-400m/b release, roughly a quarter of the total and equivalent to all of the remaining US strategic reserve. This is desperate stuff. Or will it? French Finance Minister Roland Lescure said the Group of Seven is “not there
The post G7 bails out American Idiot appeared first on MacroBusiness.
As the war in the Middle East continues to drag on, the Trump Administration is seeking a means by which it can be brought to a swift conclusion. One option that is increasingly gaining traction is seizing Kharg Island in the northwestern corner of the Persian Gulf, which currently accounts for 90% of Iran’s oil
The post The huge Iran War misconception appeared first on MacroBusiness.
The Australian trucking industry is about to experience an electric revolution, with plunging battery prices turning economics on its head. New Energy Transport’s Daniel Bleakley explains. Plus: News of the week.
The post Video: The revolution in electric trucking | Energy Insiders appeared first on Renew Economy.
The 2020s are shaping up as a decade to forget for Australian households. According to national accounts data released last week by the Australian Bureau of Statistics (ABS), real per capita household disposable income—arguably the best indicator of material living standards—remained stuck in the low growth zone in 2025, still tracking 3.9% below the COVID-19
All Australian homes should receive a score out of 10 for energy efficiency before they can be sold or rented, experts say, as part of an expansion to a national assessment program.
The post Mandatory energy rating report card urged for all homes appeared first on Renew Economy.