Blogotariat

Uncertainty surrounds the future of an $8 billion wind project in Victoria, with staff let go and operators unlikely to bid for government funding.

One of the world's leading climate experts puts the case for strong targets: "Unless we change tack ....

CSIRO Chief Research Scientist Pep Canadell on why Australia and the world need to aim high, not low, on its 2035 climate targets. Plus: It's getting weird in Queensland.

CBA released its monthly Household Spending Insights (HSI), which rose by 0.3% in August and follows a 0.7% lift in July and a 0.5% increase in May and June. The following chart from Justin Fabo from Antipodean Macro plots the uptrend in the HSI over recent months and confirms the stronger household consumption reported in

The post Energy price shock lands on households appeared first on MacroBusiness.

Statistics New Zealand this week released migration data, which showed that only 13,066 net overseas migrants landed in New Zealand in the year to July. This was well below the decade average of 49,000 and more than 120,000 lower than the late 2023 peak. The decline in net overseas migration has been driven by the

The post Fed up Kiwis flee to Australia appeared first on MacroBusiness.

I have consistently cautioned that the state and federal governments’ plans to blanket our cities with high-rise apartments will not improve housing affordability. The reason is simple: it is too expensive to construct apartments. As a result, they cannot be delivered at a reasonable cost to buyers. Urbis highlighted the excessive cost of apartment development,

The post Building housing in Australia is too expensive appeared first on MacroBusiness.

The capital costs of wind energy have gone up. It shows Australia wasted its opportunity when the A$ was high and when other costs were much lower.

OUR DEMOCRACIES rely on voters. Voters have to make choices as to who or what ideas are going to represent these choices. Choices are made on various influences:

— what’s best for me?

— what’s best for the “community”

— I trust an ideology

— Party politics

— PROPAGANDA

PROPAGANDA is a funny beast as it can be the truth being spruiked or lies being promoted as truth.

How do we find out we are not lied to?

In February, on ABC’s Q&A, Prime Minister Anthony Albanese stated that the government was cutting immigration and relieving pressure on the housing market by reducing international student numbers. Albanese noted that the student visa system was being “abused”. This week, we learned that international student enrolments hit a record high of 839,200 in the year to

The post Migration leading indicator surges higher appeared first on MacroBusiness.

Countries of the South Pacific have good reason to encourage China and other countries to assist them with infrastructure. And there is nothing that Australia should, or could, do about it.

But climate change is far more important

John Menadue

Climate change, not China, is the real threat in the South Pacific

The Australian Bureau of Statistics (ABS) this week released data on Australia’s residential housing stock, which was valued at a record $11.6 trillion in the second quarter of 2025, equivalent to $1,017,000 per dwelling. The following chart compares the value of Australia’s dwelling stock to the country’s GDP. It shows that the entire residential housing

The post Australia’s housing bubble swallows economy appeared first on MacroBusiness.

Russell Morris is an Australian singer-songwriter who has been composing, recording and performing music since the late 1960s. Some of his songs have been among my favourites since I was in my teens. He has recently completed his final tour, and we went to see his final concert of this last tour at the concert hall of the Sydney Opera House last Sunday1. The concert hall seats 2,600 people and it was booked out. Most of the people there were about our age, and I doubt there were more than a few dozen under the age of 40.