Blogotariat

The first turbine is on its way up at Wambo wind farm, a huge two-stage project in which state-owned coal generator Stanwell Corporation has a 50 per cent stake.

It takes some skill to make Donald J. Trump look good. Two Democrats have succeeded in doing so: Hillary Clinton in 2016 and Kamala Harris in 2024. The conceit of both presidential campaigns, and the belief that attacking a staggeringly grotesque moral character for being such, was laughable. (When a Clinton mocks groping philanderers and…

The post The Price of Eggs: Why Harris lost to Trump appeared first on The AIM Network.

With 60-100% Trump tariffs incoming, China is completely stuffed. Then again, it was already completely stuffed so does it matter? The answer hangs on the response. China does not have much leverage over US trade: I doubt it will do countervailing tariffs. More likely, it will devalue CNY and target specific American trade for bans

The post How stuffed is China? appeared first on MacroBusiness.

NSW Premier Chris Minns published a propaganda article in the Daily Telegraph calling on residents to get behind the government’s plan to plaster Sydney with high-rise apartment towers: Sydney isn’t a museum. A city like Sydney – a great city – should have the confidence to grow and change with the times. Most importantly, we need

The post Sydney’s ‘Bold Vision’ for high rise slums appeared first on MacroBusiness.

Black Dog Institute Media Alert A landmark Lancet Commission report reveals cultural and societal issues are driving an increase in self-harm, underscoring the urgent need for governments to address this crisis. Over the last five years, a global team of more than 40 experts has brought together new perspectives on self-harm, bringing knowledge from those…

The Reserve Bank of Australia’s (RBA) November Statement of Monetary Policy (SoMP), released on Tuesday, stated that Australian housing prices had risen despite higher interest rates because of robust population growth (read immigration). “Population growth over the tightening phase has contributed to increased demand for housing, which (combined with a lack of new supply) has

Bloomberg has smashed the recalcitrant RBA: Australia truly is an island. When it comes to monetary policy, the country is at risk of becoming a serious — and embarrassing — outlier. The global cycle of interest-rate cuts is well advanced and inflation looks beaten. Yet you wouldn’t know it from the words and actions of

The post Bloomberg shoots down RBA bullhawks appeared first on MacroBusiness.

Renewables hit new record high of 75.9 per cent, sending coal to

I did surprisingly well yesterday in not following the news. Honestly, it turned out to be easier than I expected once I had a sense of what was actually happening. I’m not sure I’ll be following the news for the next couple of weeks—maybe even the next four years.

DXY whoa! AUD was hammered but bounced into Chinese stimmies: North Asia is now a race to the bottom: Oil and gold are stranded. The latter has a long history of up the escalaor and down the lift: Dirt hosed: Miners too: And EM: Junk is not out of the woods: As yields price out

The post Australian dollar crushed by American boom appeared first on MacroBusiness.

I do love my morning beach walks. Between 6 and 7, ride the bike down to the beach, greet the various regulars down there, James collecting bits of glass washed up overnight among the shells, Rob and Luke, taking the dogs for a run, Janet likes a swim before heading off to work. The wildlife…

The post How Bad (or Good) is it Today? appeared first on The AIM Network.

The war of words between the Albanese government and the Reserve Bank of Australia (RBA) over inflation and interest rates is heating up. Following last week’s decline in headline CPI, Treasurer Jim Chalmers celebrated that inflation was now within the RBA’s target range. Prime Minister Anthony Albanese told a business dinner on Wednesday that inflation

The post RBA blames government for inflation appeared first on MacroBusiness.

There is something rather like irony for both parties in this omnishambles US election: whichever one loses, it will be all their own fault. Michael Pascoe.

If the Republicans had chosen Nikki Haley instead of Trump, the election would be as good as over. She would have creamed it, tapping into voter dissatisfaction without stirring voter fear.