Jennie George is a former president of the ACTU and a former Labor federal MP who represented Throsby from 2001 to 2010. Recently, George has taken a stand against her former colleagues to exert pressure on the Albanese government regarding gas policy, renewables subsidies, and energy security. In a comment published in The Australian last
The unsung depression in the Chinese economy continues. It is supposed to be enjoying a manufacturing boom, yet the manufacturing PMI has averaged a decline of 49.7% after the COVID reopening, contracting 27 out of 36 months. Celebrated exports have done far worse. The Services PMI is not much better and is trending down. Led
The post Chinese depression deepens appeared first on MacroBusiness.
Batteries are clearly impacting evening peak spot prices, resulting in lower average spot prices and lower expected baseload futures prices
The post Big batteries are pushing down current and expected prices in the evening peaks appeared first on Renew Economy.
An electrochemical process to make green iron with renewable energy is ready for a 100kg pilot, after an ARENA-funded study proved it works in the lab.
The post Fortescue’s low temperature green iron process ready for real world testing appeared first on Renew Economy.
Snowy 2.0 launches tunnel boring machine Monica, which it hopes will succeed where Florence has failed and get the huge pumped hydro project back on track.
The post Snowy 2.0 sets new tunnel boring machine to work, completes 46 underground concrete pours appeared first on Renew Economy.
With One Nation surging in the polls, another Coalition MP is reportedly seeking defection, according to Sky News. Barnaby Joyce has confirmed that One Nation will announce a major political defection within 24 hours but refused to reveal the identity of the new recruit, saying the announcement would come from leader Pauline Hanson. One Nation
Victoria has legislated a target to source 95% of its electricity from renewable energy by 2035. This is one of the most ambitious renewable energy targets in Australia and globally, designed to accelerate the state’s transition away from cheap brown coal toward cleaner energy sources, such as wind and solar. The Renewable Energy (Jobs and
Former Home Affairs Minister-turned-Housing Minister, Clare O’Neil, regularly lamented that Australia’s migration system was too temporary and held the nation back. “Today, really for the first time in our modern history, our uncapped, unplanned temporary program is the centrepiece and driver of our migration system. This simple fact is the source of huge problems”, O’Neil bemoaned
Two new charts reveal distinct dynamics in Australia's main grids, highlighting the diminishing role of gas even in short-term operations.
The post Gas is being squeezed by renewables – every 30 minutes appeared first on Renew Economy.
The local gas prices are still at nosebleed levels. Yet the mild summer has been enough to reduce gas-fired power use, causing wholesale electricity prices to collapse. Recall that gas sets the marginal cost of electricity in the wholesale market. Albo’s mooted gas reservation was meant to fix this permanently, but it is already a
The post The never ending story of gas insanity appeared first on MacroBusiness.
Any time things heat up with an empire-targeted government I always get people demanding to know why I’m not critical of that government.
“Why don’t you criticize Iran? You spend all your time criticizing the west and Israel; you’re a hypocrite if you don’t criticize Iran.”
In this post-truth world, everything old is new again. Does anyone even remember the 2016 APRA macroprudential 10% speed limit on property investors that MB agitated for? Not really. The forgetful includes APRA, as Australia’s irrepressible class of speculators charges back towards the speed limit in a new credit cycle. For the ninth time in
Alex Joiner, chief economist at IFM Investors, recently published the following chart showing the outsized contribution of the non-market sector (i.e., public services, healthcare & social assistance, and education) to overall job growth. Of the 926,425 jobs created between Q1 2023 and Q3 2025, 637,273 (69%) were in the non-market sector that is primarily government
Former LNP media advisor in the Howard government, Chris Kenny, pines for bygone times. In my lifetime I have not seen more division, or a greater lack of social cohesion. Many of us wonder what national values or symbols our country can unite around. “I am not as pessimistic as that,” former prime minister John
The post John Howard destroyed Australian unity appeared first on MacroBusiness.