Blogotariat

Rooftop solar meets more than 80 per cent of generation in landmark moment in W.A., which hosts the world's largest isolated grid.

Gold is a nice snapshot of everything that is going wrong with commodities today. The DXY steamroller is loose. Real yields too. Overbought, oh dear. This is not over. We have not seen a macro regime so hostile to gold and commodities since 2015, when the Chinese economy was slowing and the US economy was

The post Sell commodities, gold appeared first on MacroBusiness.

If you want to know why the Trump administration is back, look no further than Australia’s fake left so ably represented at The Guardian. The paper frequently complains about the housing market while using smug videos from patronising and economically ignorant Millennials as support. Kyle Ward wants to own a home. He and his wife have

The post The Guardian dystopia cancels youth home ownership appeared first on MacroBusiness.

Yawn. Bitcoin continued its relentless surge higher, climbing above $88,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers. Trump’s decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry, which spent over $100 million backing a range of crypto-friendly

The Great War continues, more than 100 years later

Yesterday was November 11, the anniversary of the armistice which ended fighting on the Western Front of what was then called the Great War. It’s always an occasion for sad reflection on my part, thinking about the pointlessness of the massive sacrifices of the War, which achieved nothing except to set the scene for worse disasters to come.

Westpac with the note. Westpac Consumer Sentiment up 5.3% to 94.6. Consumers now optimistic about outlook for economy and finances. Responses over the week show a pull-back after the US election. Job loss fears drop to a 19-month low. Consumers’ Christmas spending plans more ‘average’ than ‘austere’. Jobs, falling inflation, and rate cuts coming when

The post Consumer fear eases appeared first on MacroBusiness.

US President-elect Donald Trump has nominated Republican Congresswoman Elise Stefanik, a staunch ally of Israel and a foreign policy hawk, to serve as the next ambassador to the UN.

“I am honored to nominate Chairwoman Elise Stefanik to serve in my Cabinet as US Ambassador to the United Nations. Elise is an incredibly strong, tough, and smart America First fighter,” Trump said in a statement to the media on Monday.

ABC Radio Nation aired a segment on the “battle between millennials and boomers”. The segment couched Australia’s housing crisis as a conflict between the ‘Yes in my backyard’ (YIMBY) movement, who want greater density in established suburbs and the inner-city, against the ‘Not in my backyard’ (NIMBY) movement, which objects to forced densification. We have seen

Steel futures have not updated. Dalian is breaking down: The blows are coming from all directions: “Not only has China’s recent stimulus package fallen short of investor expectations, but the weekend’s fresh disappointments from the inflation report and FDI data have also reinforced the view that China is still far from stabilizing its beleaguered economy,”

The post Iron and steel bust resumes appeared first on MacroBusiness.

Latest data shows that G20 countries alone provided $A1.7 trillion of fossil fuel subsidies in 2022, and Australia gets a mixed review.

Earlier this month, Prime Minister Anthony Albanese announced that if re-elected, the federal government would erase 20% of student debt. The Greens have taken the policy to the next level, promising to waive the student debts of 3 million graduates and make university and TAFE education free at a proposed cost of more than $120

The post Labor/Greens student debt waiver is reverse Robin Hood appeared first on MacroBusiness.

Forty (40) years ago, the ALP ran its national conference at what was then called Noah’s Lakeside Hotel, with uranium, Timor, taxation, David Combe and south-west Tasmania prominent in discussions. But, who is this meeting up on the dancefloor after the day’s debates and double-crossings?

Political void: The end of the Wharf

     By Andrew Fraser

Kiev has reportedly chosen to channel military resources to its incursion into Kursk Region in Russia rather than reinforcing its positions in Donetsk People’s Republic, newspaper El Pais reported on Sunday.According to Ukrainian servicemen fighting in Kursk Region who spoke with the Spanish outlet last month, while they occasionally experience shortages of weapons and equipment, there are no such problems with personnel.