Blogotariat

Households will have to pay up front and in full for new gas connection, thanks to new rule to protect consumers from the impending network death spiral.

The post Households to pay full cost for new gas connections as rules change to contain network death spiral appeared first on Renew Economy.

There has been a lot of conversation recently about implementing fixed four-year terms for the federal Parliament, with Anthony Albanese indicating support and some reporting that Don Farrell, the special minister of state, is considering whether to move on the issue.

For this blog post I want to look at one particular fact that has been presented in this debate: the average length of parliamentary terms. While the quoted figure of two years and eight months is technically accurate over the entirety of Federation, recent political history (say, over my lifetime) paints a very different picture.

Throughout Europe, the drums are beating, the media trumpets are blaring. Warmongers are hammering away with a continuous stream of belligerent propaganda. The entire media-political system is mobilised for this purpose. The rhetoric and arguments upon which this belligerent campaign is based give pause for thought regarding what they reveal about the crisis Europe is experiencing.

Europe: the warmongers are running rampant.

Australian Energy Market Commission makes a series of welcome energy pricing reform recommendations, and one that is bound to spark plenty of push-back.

The post Energy market rule maker wants to kill “loyalty tax” on consumers – and to hike fixed network charges appeared first on Renew Economy.

Last week the Pentagon, under “War Secretary” Pete Hegseth, carried out yet another military attack on a boat in the high seas that the Administration claims is smuggling drugs. That makes 23 boats blown up by the US military in the waters off Latin America – most near Venezuela – and nearly 100 persons killed.

The Hegseth Killings Must Stop

US negotiators have given Ukrainian leader Vladimir Zelensky days to respond to a peace proposal requiring Kiev to accept territorial losses to Russia in exchange for unspecified security guarantees, the Financial Times reported on Tuesday, citing officials familiar with the matter.

The latest Chinese inflation numbers were slightly higher than expected which has seen the potential for a BOC RRR cut next year move lower, also pushing mainland shares down as well. All other Asian markets are in the red as well with the risk complex awaiting tonight’s FOMC meeting to see what is in store

The post Macro Afternoon appeared first on MacroBusiness.

The Reserve Bank of New Zealand has delivered 3.25% of interest rate cuts since July 2024. This reduction in the OCR has delivered a corresponding decline in new mortgage rates to pre-pandemic norms: Normally, such a sharp reduction in mortgage rates would result in a lift in homebuyer demand and prices. However, as illustrated below

The post Reserve Bank can’t stimulate housing market appeared first on MacroBusiness.

From the Market Ear: Stuck SPX remains stuck inside the range that has been in place since September. Bull flag and a break out, or a double top? We aren’t getting excited until we break out of the range. Until then, treat this as a mean-reverting market. Stability… …at these levels, but dealers turn short

The post Upside panic hits silver market appeared first on MacroBusiness.

Financial close has been reached for the four-hour big battery next to Australia's biggest wind farm, paving the way for construction to start.

The post Financial close reached for four-hour big battery to be built next to Australia’s biggest wind farm appeared first on Renew Economy.

When Australia closed the book on the 20th century, the median home at a national level could be purchased by a household with a median household income. The typical mortgage consumed 25% of gross income, assuming they had the cash for a 20% deposit, stamp duty, and other transaction costs. This marked the last ‘hurrah’

The post Australia needs 1.9m new homes ASAP appeared first on MacroBusiness.

The ABC’s Ian Verrender neatly summarised the forms of East Coast gas reservation being considered by the Albanese government as it attempts to overcome a pending supply shortfall: Those in the know say the federal government is considering two options. The first option is that each of the exporters must supply a certain quantity of

The post Albo readies useless gas reservation policy appeared first on MacroBusiness.