Blogotariat

A Green Iron Investment Fund is exactly what Australia needs to lay the foundations for Australia becoming a Renewable Energy Superpower.

Its a sea of red across most Asian share markets as His MAGA-Sty tries yet another round of tariffs following the falling in line behind Russia over Ukraine, although other risk markets have been able to absorb this new volatility a little better. The USD is back on the ropes again with Yen sharply higher

The post Macro Afternoon appeared first on MacroBusiness.

Australian Energy Market Commission is on the hunt for a new CEO, with current chief Benn Barr announcing his departure from the role – and the Commission – next month.

Coalition's claimed nuclear cost savings are meaningless because they’ve failed to account for consumers spending a lot more money on petroleum and gas.

Gareth Aird and Stephen Wu, economists at CBA, published a report (presented below) explaining how the Reserve Bank of Australia’s (RBA) February Statement of Monetary Policy (SoMP) lowered the neutral estimate of Australia’s cash rate to around 2.9%, down from its previous estimate of 3.5%. This lowering of the neutral cash rate increases the likelihood

The post Why the RBA will slash interest rates appeared first on MacroBusiness.

The board of Creative Australia, formerly the Australia Council, has betrayed its mission by enabling censorship and gross political interference in the arts, and its members must resign or be sacked.

Australian households have endured the sharpest decline in per capita disposable incomes on record. Since peaking in Q2 2022, real per capita household disposable income has declined by around 8%. The chart below shows real per capita household disposable income in a long-term historical context. The February Statement of Monetary Policy (SoMP) contains forecasts on

President Trump and Volodymyr Zelensky have become embroiled in a war of words a day after the Russia-US meeting in Riyadh focusing on Ukraine. Trump slammed Zelensky over his refusal to hold elections, saying he's down to "4% approval" and that Ukraine looks like a "massive demolition site" under his leadership. He's not wrong. Here's why.

Didn’t Make Peace

We didn’t take a holiday over Christmas so we’ve been on the road this week catching up on some downtime. Currently we’re hanging in Sydney, but we also did a couple of days in Newcastle, where Jane used to work, and broke the trip at the half way point on the first day, overnighting on a farm in Bellingen.

The SwitchedOn summer series – How I Electrified – is a 4-part series of interviews with Australian householders who’ve electrified their homes and transport.

As Westpac illustrates, the RBA’s wage fgrowth outlook is ridiculous. In the December quarter, the Wage Price Index (WPI) rose 0.7% which at three decimal places was just 0.654%, a whisker off rounding down to 0.6%. This result is going to make it much harder for the RBA to achieve their June 2025 forecast of

The post Major banks trash RBA wages outlook appeared first on MacroBusiness.

A hybrid system that uses trickle-recharging between big batteries and pumped hydro provides very cheap energy storage and cheap storage power. Gas cannot compete.

In late 2023, ABC Fact Check caught Treasurer Jim Chalmers “misleading” about the growth in Australian full-time earnings. In August 2024 and November 2024, Treasurer Chalmers was again caught misleading voters about Australian wages. On Wednesday, the Australian Bureau of Statistics (ABS) released the wage price index for Q4 2024, which showed that wages grew

The post Jim Chalmers spreads wage growth misinformation appeared first on MacroBusiness.