Blogotariat

Senator David Pocock on the gas cartel. Gas producers want to open more gas fields, saying that increased supply will bring down costs. But recent history shows otherwise: gas production on the east coast has doubled during the past decade, yet prices have tripled. This is despite Institute for Energy Economics and Financial Analysis data

The post Destroy Santos, save Australia appeared first on MacroBusiness.

The Market Ear is all over it. That’s new SPX taking out the negative trend line that has been in place since markets started the correction. A close here or higher and things can start to squeeze more seriously. Note just how far the 50 day is trading… Source: Refinitiv Et tu NASDAQ NASDAQ breaking

The post The “max pain trade” appeared first on MacroBusiness.

DXY is up. EUR has flamed out. AUD follows EUR. Lead boots going nowhere. Oil is back. CTAs next. The opposite for copper. Sell before Goldman does. Big mining, big bear market. EM yawn. Junk purgatory. No flush here. Yields up. Stocks up. Trump’s sweeping tariffs are suddenly less so. President Donald Trump’s coming wave

The post Australian dollar abandoned as markets buy America appeared first on MacroBusiness.

Overnight saw the still quite hesitant risk complex jump for joy as the Mango Mussolini decided to perhaps, maybe pull back his upcoming April 2nd tariff threats a smidge which gave Wall Street the excuse to bid everything higher as the Trump Dump and Pump scheme continued. European stocks were caught flatflooted however while the

The post Macro Morning appeared first on MacroBusiness.

The US military’s carbon bootprint is enormous. Like corporate supply chains, it relies upon an extensive global network of container ships, trucks and cargo planes to supply its operations with everything from bombs to humanitarian aid and hydrocarbon fuels. Our new study calculated the contribution of this vast infrastructure to climate change.

Scientists, who generally wear white laboratory jackets so they are not confused with economists, have a canon of sacred texts. Pride of place is occupied by the journal Nature, which is now a collection of specialised magazines that cover scientific advances in most measurable phenomena. Of course, trades and professions also have their stable of news and reference works while the public have Fox, the Murdoch press and social media.

According to CoreLogic’s most recent monthly house price report, Melbourne was the cheapest major capital city property market, with a median price of $772,561 as of February 28, 2025. Melbourne’s relative affordability comes after a value gain of only 8.2% over the last five years, compared to a 38.9% increase nationally. The following chart, derived

The post Value seekers drive Melbourne house price rebound appeared first on MacroBusiness.

A couple of years ago, I got into a discussion about Artificial Intelligence (AI) with a couple of people who write computer code (in Python) as part of their jobs.  They suggested that I could use it to kick-start rants on this blog. At the time, ChatGPT was the AI version in the headlines, and they suggested that I should use it. Initially, I wanted to find out how I could get it to work for me, so I queried it about its capabilities. The ‘query’ I sent to it was: “I am just trying to obtain an understanding of the capabilities of ChatGPT and to work out if it will be of use to me”.

Weeks after an Amsterdam airport had to close down due to glare from nearby solar panels, China giant launches a new anti-glare range of modules – at an airport!

Community group behind legal bid to block massive Tasmania wind farm decides to focus on opposing its federal environmental approval.

Exxon Mobil has killed its Gippsland carbon capture and storage project running since 2022, but won't explain why.

With the election expected to be called this weekend for a poll date of either May 3 or May 10, opinion polls remain too close to call. The latest Redbridge polling, released on Thursday, showed that Labor was ahead 51% to 49% on a two-party preferred basis, hitting the lead for the first time in

The post Peter Dutton blew his chance with policies nobody asked for appeared first on MacroBusiness.