Blogotariat

Green group says Bowen Basin coal mine expansion would overwhelm the state’s emissions reduction efforts and make it "almost impossible" to meet climate targets.

After months of tense negotiations, Ukraine and the US ink a minerals deal. 

Washington has long demanded compensation for the billions in aid it's given to Kyiv. 

Saul Kavonic, head of energy research at MST Marquee, is about as as conflicted as any analyst in Australian commentary. The teals and Greens are sheltered from the realities of our regions and industries that drive our economy. Under a minority government, their ideologically-driven energy agenda risks taking us further away from engineering realities. They

The post Greens energy policy can save Australia appeared first on MacroBusiness.

I’m in Sydney today and over the weekend. I’m supposed to be staying at the Novotel, but there are about 87 Novotels in Sydney, including a City Centre Novotel and a Central Sydney Novotel (which is actually in Haymarket).

Currently sliding between alternate Novotel’s, and feeling as though I am in danger of losing contact with my alpha site universe.

Proponents of mass immigration claim that it improves living standards by increasing productivity and ameliorating the aging of the population. For example, modelling by McDonald and Temple in 2010 claimed that an annual migration intake between 160,000 and 220,000 is best for Australia and would increase GDP per capita by 12% more in 2053 versus

The post Does immigration improve living standards? appeared first on MacroBusiness.

CoreLogic’s snapshot of housing affordability across Australia showed that the percentage of gross annual household income required to service the median rent hit a record high of 32.9% at the end of December 2024: In a similar vein, PropTrack’s latest rental affordability report showed that Australian households at the end of 2024 could afford to rent

The post One chart sums up Australia’s rental crisis appeared first on MacroBusiness.

DXY is looking for a short squeeze. AUD is holding so far. Lead boots are Ok. Oil is a favour to all. Metals say no to growth. Big miners = big bear. EM yawn. Junk says no to growth. Warning! The curve flattened. Stocks partying on VIX compression. Which is driving the DXY bid. Oversold!

The post Australian dollar jaws tear investors apart appeared first on MacroBusiness.

Ex-GOP Senator and Republican Jewish Coalition chair Norm Coleman proclaimed with a straight face that Jews control the world during a Jerusalem conference featuring a speech by Israeli PM Benjamin Netanyahu. 

The narrative that renewables are cheaper than baseload power is a myth. Building an intermittent renewable electricity system will be incredibly expensive and inevitably increase power bills. The global empirical evidence is clear: the higher the share of renewables in an energy system, the higher the electricity cost: The reasons should be obvious. Renewables have low

The post Why renewables will increase energy costs appeared first on MacroBusiness.

Trump and Musk have likely done Labor a favour, and caused the Dutton vote to implode. A minority government with Teals and Greens would be preferable.

If I were attorney-general of the Commonwealth after Saturday’s election there is one person I would seek to emulate, the Whitlam era’s Lionel Murphy.

Murphy, the most reformist attorney-general in Australian history. Think legal aid, the Family Law Act, trade practices legislation and an attempt to pass a human rights act. His brief period in office, 1972 to early 1975, when he took up a seat on the High Court, was impressive in its scope.

US National Security Adviser Mike Waltz has been fired, Fox News reported on Thursday, citing its sources. The White House has not made any public comments on the issue.

Canada’s April 28 federal election was dominated by Trump’s global trade war and his vow to use “economic force” to transform Canada into America’s 51st state. 

After a campaign in which all the parties trumpeted bellicose Canadian nationalism, the Liberals, under their recently-minted leader, the former central banker and blue-chip corporate executive Mark Carney, were able to retain power.