Blogotariat

A new 1.5 gigawatt project, backed and hosted by local farmers who held a tender for the facility, has hit the EPBC queue with a big battery in tow.

Down she goes, and where she stops nobody knows. Sales drowning. Year to date sinking. Inventory bouyant. Completions taking on water. Some of this is the recently banned data. It is not clear if the data remains are available to subscribers. Meanwhile, the reason for the ban is going to the bottom like a holed

The post Chinese property sinks to the bottom appeared first on MacroBusiness.

The Market Ear. It doesn’t matter… …until it matters. Note the latest short term gap between the US 10 year (inverted) and SPX. We saw a similar early gap form between the two in late October, before SPX “joined” the move. Source: LSEG Workspace Once again? In late October we saw the 10-year pick up

The post Bulls and bears duke it out appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) has released the Q3 2025 national accounts, which reported a 0.4% rise in headline GDP over the quarter and a 2.1% rise through the year. The result disappointed analysts’ expectations, which had tipped a quarterly rise in GDP of 0.7% and an annual increase of 2.2%. The result was

The post Australian economy remains per capita recession bound appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) released dwelling approvals statistics for October, reporting 15,844 trend approvals, down 0.6% from September. Approvals in October were 4,168 (21%) behind the National Housing Accord’s five-year target of 20,000 dwellings per month. In the year to October, 192,100 dwellings were approved for construction, which was 47,900 (20%) fewer than

ANZ-Indeed job ads have commenced a new adjustment. ANZ-Indeed Australian Job Ads fell 0.8% m/m in November following an upwardly revised 1.9% m/m decline in October.The trend series fell 1.3% m/m, after a 1.9%m/m fall in October ANZ-Roy Morgan consumer confidence is following suit. Consumer confidence declined 1.6pts last week to 85.5pts. The four-week moving

The post Aussie job ads tumble as AI cometh appeared first on MacroBusiness.

For years, MB has argued that the Australian Bureau of Statistics’ (ABS) estimate of education exports is wildly exaggerated because it: Incorrectly includes income from international students working in Australia. Does not adjust for remittances sent home from Australia by international students or former students (which are an import). The ABS estimates that education exports

One Nation is eating the LNP alive. DemosAU MRP Model projects results for all 150 individual federal seats  One Nation rise: Approximately 1 in 5 Coalition voters from 2025 federal election now intend to vote for One Nation Final result: Labor leads Coalition 56 – 44 per cent 2PP Some folks still don’t get it.

The post The Aussie populist revolution is here appeared first on MacroBusiness.

Gas power's business model is disappearing. Solar has cut into daytime operation. Batteries are starting to take the rest. And that's bad news for Australian LNG.

Big battery dispatch overtook peaking gas generators for the first time on the main grid in November, and will rapidly grow to be the dominance player in the market.

DXY is fading away. AUD is rising. CNY helping. Commodities took a  breather. EM yawn. Junk better. As yields eased. Driving stocks. The Japanese shock appears contained in a currency sense. Japanese public debt is around $14tr, so you can imagine that any meaningful move in interest rates, especially a rapid one, is going to

The post Australian dollar weathers Japanese storm appeared first on MacroBusiness.

When Kaja Kallas steps in front of the cameras and warns that Europe must brace for war or that negotiations with Moscow are “naïve,” the media presents her as the principled voice of a small nation with a painful history. She is framed as a kind of moral compass pointing toward courage while the rest of Europe dithers. It is an attractive story. It is also incomplete in ways that matter.

The Old Europe Behind the New Flags

Ballooning state debt, soaring taxes, a stagnating economy, and rising crime have made me highly critical of the Victorian economy. One area where the state government has performed well is housing affordability. As illustrated below, Melbourne dwelling values have risen by only 23% since the beginning of the Covid-19 pandemic in March 2020. This compares