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MacroBusiness
Thursday, March 12, 2026 - 12:00
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The federal budget is facing deepening budget deficits and rising net debt. The Albanese government is seeking to raise revenue by a series of changes to the taxation of superannuation, property, and family trusts. For example, the government will increase the tax on the earnings of large superannuation balances from 15% to 30% for balances The post It’s time to abolish EV subsidies appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 12, 2026 - 11:30
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Charts from TME. Oil volatility is still climbing and pricing well above spot. Oil stocks to the moon. We’re all BFTD retail now. VLCC rates are through the roof as floating storage becomes the new strategic reserve. Chyna! Lol. No good for EUR raising the prospect that, at some oil price soon, it is no The post Markets are not pricing Iran de-escalation appeared first on MacroBusiness. |
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Renew Economy
Thursday, March 12, 2026 - 11:25
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The post Cotton farm to start work on one of state’s biggest green hydrogen and ammonia projects appeared first on Renew Economy. |
MacroBusiness
Thursday, March 12, 2026 - 11:00
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Leading independent economist Gerard Minack produced the following chart last year showing that population growth is a major contributor to house price growth across global housing markets: “I am gobsmacked by how many people don’t accept the obvious point that population growth has been a contributor – probably the single most important contributor – to |
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MacroBusiness
Thursday, March 12, 2026 - 10:30
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Most commentary on the local gas price has been very bearish about what is coming next. It can hardly be blamed for thinking so, given the Asian price for gas is sitting at about $22Gj, and likely to go much higher. While the local price has been about one-third of that. Gas prices have now The post Gas price bottoms out, massive shock next? appeared first on MacroBusiness. |
Your Democracy
Thursday, March 12, 2026 - 10:15
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Deploying an RAAF Wedgetail to West Asia risks making Australia a co-belligerent in the US-Israel war against Iran while exposing the country to serious strategic and economic consequences. |
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MacroBusiness
Thursday, March 12, 2026 - 10:00
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Australia’s “productivity tsar”, Professor Gary Banks, was the long‑serving founding Chair of the Productivity Commission (1998-2013). Back then, you could trust the Productivity Commission to deliver sound advice grounded in evidence. Sadly, after Banks departed as chair in 2013, the Productivity Commission lost its way and became politicised. Banks has long advocated strongly for evidence‑based |
Renew Economy
Thursday, March 12, 2026 - 09:54
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MacroBusiness
Thursday, March 12, 2026 - 09:30
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Late yesterday, in a conversation with Michelle Grattan on The Conversation’s Politics podcast, Deputy Governor Andrew Hauser talked about monetary policy, oil prices, and the Australian economy. Hauser said the Australian economy is now in fantastic shape. Over the past year, economic growth has accelerated, unemployment is still near all-time lows, and overall wealth and The post RBA can’t hike rates into fog of war appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 12, 2026 - 09:00
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Australia’s performative democracy is a circus of jingling clowns pretending to care about national interests while doing nothing of substance. This situation is largely due to the structure of political parties, which lends itself to corruption and cowardice in the face of vested interests. Therefore, political parties avoid conflict at all costs, even when it The post Albo needs to ration fuel immediately appeared first on MacroBusiness. |
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MacroBusiness
Thursday, March 12, 2026 - 08:00
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Between the mid-1990s and 2004, Australia saw a strong rise in household formation for the 25 to 34 age demographic. With an adequate supply of new homes compared with dwelling completions, as illustrated by the chart below from AMP’s Shane Oliver, the nation’s younger demographics were able to form households in greater and greater numbers. The post Australia has forsaken it’s young appeared first on MacroBusiness. |
Your Democracy
Thursday, March 12, 2026 - 06:55
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https://www.youtube.com/watch?v=7yyABZnjATM&t=309s Bill Maher UNHINGED PRAISE For Iran 'LIBERATION' Ryan and Emily discuss Bill Maher praising the war in Iran.
Well, to make a long story short, Bill Maher is Jewish! |
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Your Democracy
Thursday, March 12, 2026 - 06:44
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ALTHOUGH OFFICIALLY A VICTIM OF THE WAR BETWEEN IRAN AND THE REST OF THE WORLD [APART FROM CHINA, RUSSIA AND A FEW MINNOWS] SAUDI ARABIA WAS ONE OF THE MAIN INSTIGATOR OF THE CONFLICT. |
MacroBusiness
Thursday, March 12, 2026 - 00:01
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Roy Morgan’s latest mortgage stress report notes that the risk of mortgage stress fell to its lowest for three years in January, before the Reserve Bank of Australia (RBA) hiked the official cash rate: Roy Morgan estimates that 23.9% of mortgage holders (1,184,000) were ‘At Risk’ of ‘mortgage stress’ in January 2026, down 4% from The post Mortgage stress and negative equity confronts first home buyers appeared first on MacroBusiness. |
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Renew Economy
Thursday, March 12, 2026 - 00:01
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The post Data centres told to “ride through” grid faults, under proposed new rules to lessen risk of blackouts appeared first on Renew Economy. |
Renew Economy
Thursday, March 12, 2026 - 00:01
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The post Data centres will have to “ride through” grid faults, not trip off, under proposed new rules appeared first on Renew Economy. |
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Your Democracy
Wednesday, March 11, 2026 - 17:24
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CNN's Jake Tapper interviewed pro-Israel journalist Emily Schrader to speak on behalf of the Iranians. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Jake Tapper Tries To Pull A FAST ONE On His Audience
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Core Econ
Wednesday, March 11, 2026 - 16:50
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In an increasingly competitive business environment, organisations must leverage every available resource to maintain growth and sustainability. Professional bookkeeping services have emerged as a vital asset, offering precise financial insights, ensuring compliance with regulations, and allowing business leaders to dedicate more time to strategic initiatives. Engaging reliable bookkeeper services enables companies to maintain accurate records, monitor cash flow effectively, and respond promptly to financial challenges. |
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Renew Economy
Wednesday, March 11, 2026 - 14:26
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The post “Mr Coal” and hater of the home battery rebate is the new leader of the National Party appeared first on Renew Economy. |
Renew Economy
Wednesday, March 11, 2026 - 14:21
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The post Huge, forest-based wind farm signs up to deliver long-term affordable housing in regional NSW appeared first on Renew Economy. |
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Renew Economy
Wednesday, March 11, 2026 - 14:05
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The post Energy retailer dumps gas licence to “focus exclusively” on solar, batteries and VPPs appeared first on Renew Economy. |
Renew Economy
Wednesday, March 11, 2026 - 14:03
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The post Big battery put on standby again as rooftop PV sends grid demand below zero, but none forced to charge appeared first on Renew Economy. |
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MacroBusiness
Wednesday, March 11, 2026 - 13:00
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Cotality’s daily dwelling values index reports that Melbourne home values have declined by 0.1% over the past 28 days, whereas Sydney’s have recorded 0% growth: This week’s Westpac-Melbourne Institute consumer sentiment survey for March showed that while consumer house price expectations remain strong, sentiment around whether now is a good time to buy a home The post Sydney faces heavy house price falls appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 11, 2026 - 12:30
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Energy Minister Chris Bowen suggests that the recent energy crisis in Australia is largely down to you. Following a crisis conference of key stakeholders, the government said that the primary reason of shortages that are beginning to affect the regional sectors of agriculture and fisheries is panic buying of fuel, particularly diesel. Energy Minister Chris The post Bowen burns as diesel vanishes appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, March 11, 2026 - 12:00
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Proponents of high immigration claim that it is necessary to alleviate purported labour shortages. The argument was always spurious: Australia has run one of the largest migration programs in the world this century, yet has suffered from persistent labour shortages: In effect, Australia has played a game of migration ‘whack-a-mole’ – it has imported migrants The post With AI taking jobs, why do we need immigration? appeared first on MacroBusiness. |
MacroBusiness
Wednesday, March 11, 2026 - 11:30
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Yes, you read that right; the Australian gas price continues to crash. Electricity demand is down sharply year on year, which accounts for some of it. With gas prices crashing, power prices are flatlined. However, the Asian price for gas is still about $22Gj, so there is a lot more going on than favourable weather. The post Mysterious Aussie gas price crash continues appeared first on MacroBusiness. |
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Your Democracy
Wednesday, March 11, 2026 - 11:07
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AS EUROPE GAS SUPPLIES HAVE COLLAPSED, THE TRUMP WRECKING BALL HAS ALREADY AFFECTED THE PANAMA CANAL AND THE SUPPLY IF OIL IN THE MIDDLE EAST... SO, HANG ON TO YOUR SEAT AND PREPARE THE POPCORNS:
https://www.youtube.com/watch?v=HjQUlmBgG4I Europe's Gas Supply Just Collapsed
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MacroBusiness
Wednesday, March 11, 2026 - 11:00
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The wage price index for the December quarter from the Australian Bureau of Statistics (ABS) reported that real inflation-adjusted wages fell by around 0.3% in 2025 and were tracking 6% below their Covid-19 ‘bubble’ peak at around late 2011 levels: The Reserve Bank of Australia’s (RBA) forecasts, as laid out in its February Statement of The post Aussie real wages face heavy falls appeared first on MacroBusiness. |
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xkcd.com
Wednesday, March 11, 2026 - 11:00
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MacroBusiness
Wednesday, March 11, 2026 - 10:30
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Yesterday, ANZ-Roy Morgan consumer confidence dropped 3.7 points to 73.4 points. At 77.0 points, the four-week moving average decreased by 0.9 points. The four-week moving average increased by 0.3 percentage points to 5.5%, while “weekly inflation expectations” increased by 0.8 percentage points to 6.1%. The last year’s “current financial conditions” dropped by 1.2 points, while the |
On-site renewables and a power purchase deal will be used to underpin a 4,500 tonne per year green ammonia facility, to swap fossil-made fertiliser for green. 
Draft rules to both protect the grid and make it easier for data centres to connect are open to consultation, but at least one tech giant is already pushing back.
Fierce critic of net zero, renewables and home battery rebates chosen to lead the National Party, with a deputy who might have different views.
Developer of a 2 GW wind farm and big battery in the NSW Central Tablelands has announced an Australian-first deal to deliver affordable local housing.
Energy retailer says gas services "no longer align" with its vision, as it pivots to focus entirely on virtual power plant technology and renewable solutions.
SA big battery is again put on standby as rooftop PV sends local grid demand below zero - but it and other big batteries are yet to be forced into action.
