Blogotariat

Chevron's Gorgon CCS project - the flagship for the technology in Australia - has had its worst year on record, collecting less than one third of the CO2 it is supposed to.

Sydney-based pioneer of no-cost solar and battery service closes $4.28 million funding round towards plans to deploy solar and battery systems to 2,000 homes a month.

Legislation passed late last week has added real estate agents, lawyers, and accountants to Australia’s anti-money laundering and terror financing rules, a move that Austrac chief Brendan Thomas has welcomed. Thomas said the changes will enable him to combat the more than $60 billion in harm that child exploitation, drug trafficking, scams, and human trafficking

The post Austrac backs property money laundering rules appeared first on MacroBusiness.

Last night saw a big move higher in USD due to more Fedspeak around another cut in December but also due to higher manufacturing demand from the latest ISM print. Tech stocks led the way on Wall Street while European shares also surged on the lower Euro. The USD is pushing aside all the undollars

The post Macro Morning appeared first on MacroBusiness.

In finalising his cabinet, Donald Trump has come to resemble an American Caligula, the Roman emperor rumoured to have considered appointing his beloved stallion as consul. So unorthodox have been the president-elect’s appointments that I half expected him to nominate his golf cart as the new transportation secretary.

On Monday, the Melbourne Institute (MI) monthly inflation gauge was released, which showed that inflationary pressure remained well contained in November. As Justin Fabo at Antipodean Macro illustrates below, MI trimmed mean inflation increased by only 0.2% in October but rebounded to 0.5% on a quarterly basis. The following chart from Fabo suggests that “the

The post More good news for inflation and RBA appeared first on MacroBusiness.

Social media company Meta has accused the Australian government of rushing to introduce an under-16 social media ban without properly considering the evidence and voices of young people.

Thousands of Volkswagen workers in Germany went on strike on Monday after the company announced plans to close three plants and slash pensions. 

"Warning strikes will begin Monday in all plants," said Thorsten Gröger, who is leading the union negotiations with German auto giant.

A nation swimming in coal and natural gas should never experience energy insecurity, blackouts, and soaring prices. Yet it’s not even the peak of summer, and NSW narrowly avoided blackouts last week thanks to households and business owners turning off washing machines, air conditioners, and other appliances. The state and other parts of Australia are

We stand at a critical juncture in human history, where the decisions we make today will determine whether humanity continues to exist—or falls to the inevitability of its own hubris. Nuclear annihilation, environmental collapse, and societal breakdown are not looming threats but present realities. These crises are the culmination of centuries of systems and values built not for human flourishing but for domination, consumption, and despair.

By Denis Hay Description Politics for the people. Transform Australian politics into a citizen-first system using monetary sovereignty. Explore reforms for ethical and fair governance. Introduction: A System in Need of Transformation Australia’s political system often prioritises corporate interests over citizen welfare. Many Australians feel disillusioned by a system that seems more focused on profits…

The post Politics for the People: A Vision for Australia appeared first on The AIM Network.

Calls for federal government to revamp the national rooftop solar rebate, instead of killing it off, to drive home battery uptake and the electrification of everything.

Ukrainians who have died in the conflict between Moscow and Kiev “have already won,” Vladimir Zelensky claimed in an interview with Sky News released this week. Those sacrifices enabled Kiev to secure aid from its Western backers and eventually prevent Moscow from achieving its goals, according to the Ukrainian leader.