Blogotariat

NSW comes under fresh pressure to ban connection of gas in new-build homes and subsidise solar and batteries in commercial and industrial sector.

Arena launches major new push for ultra low-cost solar, with the funding round targeting innovation in solar cell and module production, operation and installation.

Proposed wind farm and battery is already a focus of conservative opponents, even before the first wind measuring mast is erected.

I don’t think gender is relevant to stupidity, but The Australian does. They are the three women ­steering the nation’s economic course, a triumvirate of power not afraid to push back and make tough decisions. …On Tuesday, Treasury secretary Jenny Wilkinson attended her first RBA board meeting, ­replacing former secretary Steven Kennedy and ­shifting the

The post Lady economists drive economy into a ditch appeared first on MacroBusiness.

When the Reserve Bank Governor Philip Lowe first began raising interest rates in May 2022, the question in the minds of many commentators and economists was, when will they be cut again? What followed was the largest and swiftest relative rise in interest rates in Australia’s history. But then the Reserve Bank did something that

The post Burnout Economics delivers shock Reserve Bank rate pause appeared first on MacroBusiness.

Nice pop in the NAB survey yesterday. However, under the bonnet, it’s exaggerated with construction confidence distorting the survey. Price indicators remain weak. Rate cuts working some magic. Better, but no cigar.

The post Builder confidence pops on rate cuts appeared first on MacroBusiness.

For that is what they are. AFR. Senior Japanese officials have expressed concern the Albanese government is considering a domestic gas reserve, telling West Australian Premier Roger Cook during a trade visit that their country cannot be a long-term investment partner with Australia if LNG isn’t readily available. …“What they said to us is that

The post Ignore Japanese LNG drama queens appeared first on MacroBusiness.

DXY is trying to push higher. AUD is a bit stalled. Lead boots too. And gold. I don’t know what oil is doing. Perhaps chasing copper as Trump slams the market with a 50% tariff. Nothing can save the big miners. EM rolled. Junk false breakout. As Trump tarifflation is back. Stocks no likee. Yields

The post Australian dollar rally flames out appeared first on MacroBusiness.

After years of failure, the RBA has given up entirely on forecasting and is driving through the rearview mirror. Goldman. In her post-meeting press conference Governor Bullock stressed that the decision to pause the easing cycle was “about timing rather than direction” with the RBA just “looking for further confirmation we are on the forecast

The post Abolish the RBA appeared first on MacroBusiness.

You need a quota to win a seat in a Tasmanian House of Assembly election. But in practice no-one polls exactly a quota. In reality, the final seats are decided by partial quotas and the distribution of preferences.

Yet these patterns are not random – parties that poll over a certain vote share are much more likely to win a certain number of seats, and parties that poll below a certain vote share have little chance of winning that last seat. Given a certain vote share, some parties are more likely to win a seat on that vote than others, and those trends have shifted over time.

European Commission President Ursula von der Leyen has dismissed efforts by members of the European Parliament to oust her, branding her critics “conspiracy theorists” and accusing them of acting on behalf of Russian President Vladimir Putin.

Von der Leyen blames Russia for no-confidence motionThe EU chief has labeled her critics “conspiracy theorists”

Iran-Russia Defense Pact Rejection:

Iran previously declined a formal defense pact with Russia for religious and strategic reasons—they didn’t want to be obligated to support a war they didn’t endorse.

Instead, the January 17 agreement allows for loose military cooperation, including potential Russian air defense support for Iran.

French President Emmanuel Macron began a three-day state visit to Britain on Tuesday, which will see him address parliament and try to rekindle a purportedly warm relationship with King Charles III.