Australian battery innovator raises $A20m to help commercialise its “remarkable” lithium-sulfur tech
There is no substitute for stupidity in Australia. We do it better than anyone. If energy ran on stupidity, we would have the cheapest power in the world. Fresh from telling southern states that it can’t have any QLD gas, the Crusifulli government has added to the state’s energy woes. Queensland secures deal for first
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The Chinese property crash is somewhere near the halfway point. Here is the raw data for Ssptember, Floor space sold: -10.5% yoy in September, vs. -10.3% yoy in August (value of sales:-11.8% yoy in September, vs. -13.8% yoy in August). Floor area under construction: -9.4% yoy in September, vs. -9.3% yoy in August. New home
Since the pandemic kicked off in early 2020, around 60% of the nation’s job growth has been driven by the non-market (largely government-funded) sector, which comprises healthcare, social assistance, education, and public administration and safety. As a result, the non-market sector now comprises a record high 31.5% of the Australian labour force. Last week’s Labour
In September 2023, just as Australia’s net overseas migration was hitting its highest level in history (i.e., 556,000), NSW Premier Chris Minns told ABC’s 7.30 Report that he supported record immigration levels, claiming that more migrants were needed to build houses and apartments in the state. “We’re supportive of the commonwealth government’s decision to lift
Recently, the level of migration has been a major source of controversy. A major part of the controversy is the lagged nature of Australia’s net overseas migration figures and the extent to which leading indicators are representative of the true migration level. As of late October, the most recent data available extends only to March
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Goldman kicks us off. China’s Q3 GDP report came in marginally above market consensus (though in line with our forecast) amid mixed September activity data — industrial production (IP )meaningfully beat market expectations, retail sales was in line, while fixed assetinvestment (FAI) missed notably, reflecting that the economy remains bifurcated. Real GDP growth moderated to
Visit many areas of state forest in parts of Victoria and you might get a shock – the forest isn’t there.
It used to be there — logged four, five, six or ten years ago — and once stood as tall, straight trees, sometimes more than 50 metres high. Now, no longer. The forest has failed to regenerate after being logged by former Victorian Government agency, VicForests.
The Market Ear melts up. Things can always melt up No, the 1999 analogy is not very likely, but imagine the AI narrative goes really crazy? After all, everybody tends to underestimate all moves. Full note here. Source: LSEG Workspace Never forget Santa coming this year again? Source: Equity Clock That was quick “US ETF shorts
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A further rally on Wall Street overnight due to more solid earnings which overshadowed the subprime drama in regional banks, helped along by a positive reaction here in Asia in yesterday’s session to strong Chinese GDP numbers. The AUKUS trap seems to be closing as the Trump regime signed a minerals deal with Albo in
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DXY is up. So is AUD. And CNY. Gold is unstoppable. Oil screwed. Metals confused. Miners rising debasement out of the bear market but the iron ore challenge looms. EM to the moon. Junk less worried. Yields down. Stocks up. Not much data again. More soothing from the loon on trade but today’s gong
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