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The post Macro Afternoon: 14 May 2025 appeared first on MacroBusiness.

A 20,000-plus member parent group takes one of Australia's largest energy companies to court over claims it misled customers about emissions from its products. 

Owner of one of Australia's oldest wind farms to use cranes, rather than cheaper options, to take down turbines in first of its kind decommissioning for Australia.

Via Roy Morgan. In April 2025, Australian ‘real’ unemployment increased 176,000 to 1,780,000 (up 1% to 11.2% of the workforce) with more people joining the workforce and overall employment dropping in April. The expansion in the workforce was the main driver of the increase in unemployment with 156,000 people joining the workforce lifting the number

The post Roy Morgan unemployment trends up appeared first on MacroBusiness.

Macquarie-backed Eku Energy secures nearly $A300 million to expand its battery storage portfolio.

In 2022 I wrote a blog post where I explained the phenomenon of the AEC needing to do more distribution of preferences before declaring election results, and thus needing longer to complete this process. We now have updated information for 2025, and can see that this process has become even more complex this year. When you look at how this has changed over two decades, it is a remarkable transformation.

Energy innovators want NEM Review panel to ditch "hub-and-spoke" market thinking, and flip the focus from big to small, such as consumer batteries and demand response.

New report says number of coal breakdowns over summer was far worse than expected, underlining case for intermittent coal to be replaced by variable renewables and storage.

The Australian Bureau of Statistics (ABS) has released the Q1 wage price index, which rose by 0.9% over the quarter to be 3.4% higher year-on-year: The result was stronger than expected, with analysts tipping a 0.8% rise over the quarter and 3.2% year-on-year. The rise in wage growth was driven by the public sector, where

The post Australian wage growth hits RBA target appeared first on MacroBusiness.

The Market Ear on the recession that never was. Best recession ever Once again, the recession never came. Economists and markets spent much of the past year bracing for a downturn—citing rate hikes, inverted yield curves, and slowing indicators—only to watch the economy remain stubbornly resilient. It’s a familiar pattern. As the old adage goes, “macroeconomists

The post The chase begins appeared first on MacroBusiness.

United Kingdom Prime Minister Keir Starmer has called for the nation to take back its borders, saying the UK is becoming an “island of strangers” and that immigrants should learn to speak English. He has announced sweeping immigration reforms with the aim of reducing net overseas migration back to pre-pandemic levels. NEW: UK Prime Minister

The post UK tightens immigration rules. So must Australia. appeared first on MacroBusiness.

DXY took a breather. AUD bounced. Lead boots to the moon. Gold prays it ain’t so. Metals go for growth. Miners still stuffed. EM yawn. Junk says nothing ever happened. No yield relief. Stocks only go up. Wall Street bears are in full retreat. Goldman. We expect this move to leave the US effective tariff

The post Australian dollar trumped appeared first on MacroBusiness.