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MacroBusiness
Wednesday, January 21, 2026 - 12:30
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Cotality has a rather hopeful press release. Momentum returns to the building sector The Cordell Construction Cost Index (CCCI) recorded a 1.0% increase in construction costs nationally over the December 2025 quarter, the strongest quarterly growth of the year. This marks a notable acceleration compared with the previous quarterly increases of 0.4%, 0.5%, and 0.6%, The post Alboflation drives new home costs to the moon appeared first on MacroBusiness. |
MacroBusiness
Wednesday, January 21, 2026 - 12:15
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Charts from TME. Is there a relationship between the Japanese long end and gold? Maybe. If so, YCC would create a divorce. Gold volatility says there’s no panic yet. Same regarding speculators. CTAs are more fully invested. The miner’s leverage to prices is normal. A few overheated signs. My own view is that gold is The post A literal river of gold is flowing towards the budget appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, January 21, 2026 - 12:00
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When an Australian major party loses a federal election, it produces an internal report, or, as elements of the media describe it, an autopsy of what went wrong and what may have been managed better. The report into the disastrous campaign and defeat of the Coalition was in its final stages when former Liberal Leader The post Dutton warns of defamation risk as LNP implodes appeared first on MacroBusiness. |
MacroBusiness
Wednesday, January 21, 2026 - 11:30
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ANZ – Consumer Confidence at Royal Morgan slumped 5.2 points to 79.3 points from 5.2 points last week. This was the biggest weekly decline in confidence since the RBA raised the cash rate to 3.35% in February 2023. After a modest recovery following the implementation of Stage 3 tax cuts in July 2024, consumer confidence The post Consumer confidence plunges with jobs appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, January 21, 2026 - 11:00
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In 2012, the Gillard government declared that the 21st century would be the “Asian Century”, and produced a White Paper detailing its expectations for how things would play out, entitled “Australia in the Asian Century”. It included expectations such as a baseline scenario predicting China would grow at 7% each year from 2012 to 2025, The post Why China is in deep trouble in one chart appeared first on MacroBusiness. |
xkcd.com
Wednesday, January 21, 2026 - 11:00
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Renew Economy
Wednesday, January 21, 2026 - 10:57
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The post Massive carbon capture and storage project pulled from EPBC because of reforms to federal act appeared first on Renew Economy. |
Renew Economy
Wednesday, January 21, 2026 - 10:48
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The post Australia’s transition from coal is being held hostage by its obsession with spinning machines appeared first on Renew Economy. |
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Your Democracy
Wednesday, January 21, 2026 - 10:46
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Washington: Australia’s reputation among US conservatives went from “beloved to shot” during the COVID pandemic, MAGA stalwart Steve Bannon says, but the relationship has been resuscitated under Donald Trump and Anthony Albanese. |
MacroBusiness
Wednesday, January 21, 2026 - 10:30
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Human beings! So vulnerable, venal and corrupt. It’s almost amusing from a high altitude. Yet on the ground, it is closer to maddening. The country’s largest coal power station will run for almost two years longer than planned after owner Origin Energy said an extension was needed to keep the grid secure amid a slower The post More taxpayer coal for the transition from coal appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, January 21, 2026 - 10:00
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Charts from TME. Penty of room for a healthy correction. Not so healthy for tech. Iiiieeeeehhhwww. Volaltity structure more bearish but not crazy by any means. There’s no rush for protection. But perhaps there should be. Err, there definitely should be. This chart is a doozy. When everybody is bullish… Be bearish. Especially as markets The post Stocks crash without cash appeared first on MacroBusiness. |
MacroBusiness
Wednesday, January 21, 2026 - 09:30
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The ferrous jaws have eased, but nowhere near enough. The news is amusing for bears. BHP Group’s iron ore discounts following Chinese pressure are “optical, temporary and economically bounded” and don’t reflect a decline in the mining giant’s pricing power, according to RBC Capital Markets. The world’s largest mining company is deliberately absorbing the discounts The post Iron ore dumps as China breaks BHP appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, January 21, 2026 - 09:00
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Wall Street came back from its long weekend holiday and sold off immediately in response to the EU revokation of the previous Trump-induced 2025 trade deal as the fallout from the shambles over Greenland hit all risk markets. Treasury yields spiked as European bondholders started selling off US bonds, with the 10 year up near The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Wednesday, January 21, 2026 - 08:47
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UAE, Belarus, Bahrain join Trump's Board of Peace alongside US rivals China, RussiaNorway was invited to serve on the board as well, but refused the offer. The Norwegian Foreign Ministry did not provide an immediate explanation. The United Arab Emirates and Belarus accepted the invitation to join US President Donald Trump's "Board of Peace" on Tuesday. |
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Renew Economy
Wednesday, January 21, 2026 - 07:36
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The post Solar accounts for three-fifths of US electricity demand growth in 2025, despite Trump’s best efforts appeared first on Renew Economy. |
Your Democracy
Wednesday, January 21, 2026 - 07:36
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Demand for survival supplies and long-lasting food products has soared in Greenland’s capital city of Nuuk, CNN reported on Monday, citing local retailers. The surge comes amid growing concerns over possible US interference on the Arctic island. |
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Your Democracy
Wednesday, January 21, 2026 - 06:55
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Global ice is melting fast, with major sea level rise and extreme heat locked in unless emissions fall sharply. The window to act is closing. |
MacroBusiness
Wednesday, January 21, 2026 - 06:44
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Mea culpa! DXY is not enjoying new Trump tariffs, while EUR is. Greenland TACO, anyone? AUD is a golden safe haven. Donald Dump has turned China from univestable to investment essential. Gold, gold, gold for Australia! AI metals smashed. Big miners are trying to outrun the iron ore black hole. Good luck with that. EM The post Australian dollar turns golden fortress appeared first on MacroBusiness. |
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MacroBusiness
Wednesday, January 21, 2026 - 00:05
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Australia’s November CPI release from the Australian Bureau of Statistics (ABS) reported that housing inflation rose by 5.2% over the year to November 2025. This made housing the single largest contributor to annual inflation in that release. The following chart from Justin Fabo at Antipodean Macro illustrates the quarterly acceleration in housing inflation, which has The post Aussie housing inflation accelerates appeared first on MacroBusiness. |
Renew Economy
Tuesday, January 20, 2026 - 21:42
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The post Remote gold mine sources 88 pct of its power needs in last quarter from wind, solar and battery appeared first on Renew Economy. |
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MacroBusiness
Tuesday, January 20, 2026 - 16:00
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Wall Street futures fell sharply alongside the USD (and Bitcoin) while gold and undollars rose on the weekend tariff orders from the Trump regime, with the Europeans playing hardball. Asian share markets are all in the red given the risk off mood with the latest Chinese economic figures (and more importantly – population figures – The post Macro Afternoon appeared first on MacroBusiness. |
Your Democracy
Tuesday, January 20, 2026 - 15:18
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Denmark has sent additional troops to Greenland after US President Donald Trump threatened European countries with tariffs unless he is allowed to purchase the self-governing Arctic island. Trump has long sought to acquire Greenland from Denmark, citing national security concerns and the need to deter the influence of Russia and China in the region. European NATO members have rallied in support of Copenhagen, which has rejected Trump’s offer.
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Renew Economy
Tuesday, January 20, 2026 - 14:37
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The post SwitchedOn podcast: Why energy companies should be forced to act in their customers’ best interests appeared first on Renew Economy. |
Renew Economy
Tuesday, January 20, 2026 - 13:29
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The post Gladstone attracts another solar battery hybrid, with $2 billion project that would be Australia’s biggest appeared first on Renew Economy. |
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Renew Economy
Tuesday, January 20, 2026 - 13:16
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The post New Queensland big battery now fully operational five months ahead of schedule appeared first on Renew Economy. |
MacroBusiness
Tuesday, January 20, 2026 - 13:00
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Goldman has an AI tracker series to add to the data mix. Adoption is accelerating fast for enterprises. White collar firms are leading the way. SMEs are not being left behind. AI is creating some jobs. Straya is an early adopter. More of a headwind to hiring rather than outright job losses so far. The The post How is AI impacting jobs? appeared first on MacroBusiness. |
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MacroBusiness
Tuesday, January 20, 2026 - 12:30
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Stocks are at their ATH but are crumbling. Charts from TME. NDX breaks the wedge. Everybody bullish. More. Vol stirring. More. Instos all-in. Robots all in. CTAs all-in. Everybody on one side of the ship… The post The bear in there appeared first on MacroBusiness. |
MacroBusiness
Tuesday, January 20, 2026 - 12:00
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The latest Newspoll revealed the enormity of the seismic shifts occurring in the tectonic plates that underpin federal politics. One Nation is now outpolling the Coalition on primary vote, 22% to 21%. For a Coalition already reeling from the lowest number of lower house seats in its history, this is a clear signal that the The post One Nation is now the federal opposition appeared first on MacroBusiness. |
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Your Democracy
Tuesday, January 20, 2026 - 11:56
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Western European leaders are exchanging messages in a group chat to coordinate a response to US President Donald Trump’s “wild” foreign policy, Politico reported on Monday, citing people familiar with the matter. Dubbed the ‘Washington Group’, the chat reportedly includes leaders from the UK, France, Germany, Italy, Finland, and the EU. |
MacroBusiness
Tuesday, January 20, 2026 - 11:30
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This about sums it up. Equally, what’s with the Danes. Danish officials have decided not to attend the World Economic Forum in Davos this week amid an intensifying dispute over Greenland that’s shaking transatlantic relations. “Danish government representatives were invited this year, and any decisions on attendance are a matter for the government concerned,” the The post Greenland is no hill to die on appeared first on MacroBusiness. |
EPBC reforms blamed for creating enough uncertainty for global energy giants to withdraw their application for controversial carbon capture and storage project.
The life extensions to giant coal plants are being driven by fears about grid "security", and may not be addressed while spinning machines are regarded as the only cure.
Solar growth also met all of the daytime growth in electricity demand in the US, as well as some of the growth in demand in the evenings, with the help of batteries.
One of Australia's biggest gold mines is sourcing nearly 90 per cent of its power needs from wind and solar from its off-grid hybrid power system.
Former regulator, Ron Ben-David argues that loyalty penalties, consumer confusion and endless rule-making all stem from a flawed market design that puts responsibility on households instead of energy retailers.
A new $2 billion solar and battery hybrid project has entered the federal EPBC queue, and hopes to be operational in 2031, if it can land state approvals too. .
Akaysha Energy completes its second big battery project - five months ahead of schedule - and its first with Tesla Megapack technology.