Blogotariat

IEA says rapid deployment of low cost wind and solar the key if world is to navigate narrow path to 1.5°C climate target.

WA approves new four hour 100 MW Wellesley battery in industrial zone.

Oxfam Australia Media Release On World Food Day, hunger has reached an all-time high exposing the flaws in global peace building and conflict recovery efforts. Between 7,000 to as many as 21,000 people are likely dying each day from hunger in countries impacted by conflict, according to a new Oxfam report published on World Food…

The post Up to 21,000 people are dying each day from conflict-fuelled hunger around the world appeared first on The AIM Network.

Two points: Stocks are overboughterer. They are not priced for Trump tariffs. The Market Ear has more. Rising wedge Did NASDAQ fool people into chasing tech yesterday as it looked to be breaking up? To us this looks like a rising wedge, where highs are losing momentum, failing to trade above the upper trend line.

The post Stocks get overboughterer appeared first on MacroBusiness.

There is no end in sight to the energy superidiot: The opposition has opened a second front in the fight over energy policy by pledging to include gas in the capacity investment scheme, the federal government’s flagship policy spurring investment in clean power generation and storage needed for the transition. On top of its pledge

The post Coalition becomes energy superidiot appeared first on MacroBusiness.

This month, we have received four critical pieces of data showing that Australian dwelling construction is sick, pointing to worsening shortages. First, only 166,200 dwellings were approved for construction in the year to August, 78,800 (31%) below Labor’s housing target, which requires 240,000 homes to be constructed for five consecutive years. Second, only 158,750 dwellings

Westpac with the note. The Leading Index growth rate has been slightly negative for the best part of a year now. That in itself is fairly rare – this is one of the longest periods of ‘middling’ reads in the history of the measure with the more typical pattern one of more pronounced swings between

The post Leading index stuck in the mud appeared first on MacroBusiness.

The National Disability Insurance Scheme (NDIS) has been growing in cost by 20% and now costs nearly $50 billion a year. Recent projections from the Parliamentary Budget Office (PBO) suggested that the cost of the NDIS could blow-out to around $100 billion per year within a decade, exceeding the the aged pension. One of the

The post NDIS needs much stricter regulation appeared first on MacroBusiness.

It’s not looking so good for property sales now: There’s a little progress on destocking: Completions are still sagging: Demand has lifted a little. Supply is still stuffed: Long way down to fair value (more like 80% than 16% but let that go). Searches not even back to May levels: Not exactly “v-shaped” so far.

The post Chinese property green shoots turn brown appeared first on MacroBusiness.

How to kill the iron ore price 101. First, ramp up Pilbara output: Construction of our Western Range mine is now 80% complete. During the quarter, we finalised commissioning of the autonomous haul trucks and completed the Paraburdoo upgrade works. We continue to focus on construction of the greenfield crushing and screening plant and Paraburdoo

The post RIO readies Pilbara killer appeared first on MacroBusiness.

Optimism dissipated quickly on risk markets overnight with Wall Street pulling back sharply after a series of record highs, on the back of some chipmaker results with tech stocks dragging the whole edifice down. The USD was stronger again, pushing Euro and other currencies further into submission while oil prices continued their downward trend. The

The post Macro Morning appeared first on MacroBusiness.

Victoria's constitution will be altered to include Labor's signature election promise to revive the State Electricity Commission after a surprise change of heart from cross-benchers.