Apparently, it takes at least two debilitating energy wars to convince the Albanese government to do something about the East Coast gas export cartel. Perhaps the number is infinite. Let us recall that MB contacted the incoming Albanese government in its first week in office and told it straight up that if it did not
Since U.S. and Israeli strikes on Iran kicked off on Saturday, the focus of the world has once again turned to the Middle East, as concerns continue to build over how this chapter of the region’s history will draw to a close. While there is a great deal of uncertainty about the road ahead for
Over the COVID-19 pandemic and the years immediately following, there was a strong migration from Victoria to Queensland. According to the most recent Australian Bureau of Statistics (ABS) population figures, Victoria had experienced two consecutive quarters of net inward migration from other states—the first inflows since the pandemic began. While the net inflow was small—only
Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus Wealth. Follow @DamienKlassen on X(Twitter) or Linked In The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen
Australia recorded a 1.9% decline in greenhouse gas emissions over the year to September 30, 2025: The result has Greg Jericho, chief economist at The Australia Institute, whining about Australia’s lack of ambition on carbon reduction. Jericho notes that Australia’s emissions are currently tracking 27.4% below 2005 levels. The 2030 target requires a 57% reduction and the 2035
Following the announcement of its East Coast gas reservation policy before Christmas, which plans to force Queensland LNG exporters to divert 15–25% of new supply into the domestic market, the Albanese government held its first formal consultation meeting on the proposed scheme. According to a report in The Australian, the meeting provided participants with little
Chinese property does not look like it will bounce any time soon. Eeeeiiiiiuuuuu. LNY tourism was a bust in per capita terms. Cars need more stimmies. Energy use is stalled. Stimmies are already pumping. But too much is going into paying off old stimmies (now the highest cost to local governments). The new economy is
Melbourne’s water storages have fallen to 69.7%, the lowest level since July 2020 and on a trajectory similar to the Millennium Drought. This has prompted warnings that water restrictions may return if usage doesn’t drop. Late January water usage hit 253 litres per person per day, far above the 150‑litre target set by authorities. In
Chart from TME. The equity market is telling us that investors want stability over growth. With trailing valuations so high, this is no great surprise. Schiller PE, which has its problems says it’s 1999 all over again, When credit cracks, you must listen. Equity sell-offs led by credit sell-offs have the potential to go much
Australian tenants have suffered immensely over the past five years, with rents growing nearly three times as fast as wages, according to Cotality. In the five years to February 2026, advertised rents have risen by 42% nationally, adding around $10,600 to the annual cost of renting the median home. As a result, the percentage of