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Oz Blog News Commentary
MacroBusiness Friday, December 19, 2025 - 11:30 Source

On Thursday, the Australian Bureau of Statistics (ABS) released official population and immigration data for the June quarter, revealing that annual net overseas migration (NOM) declined to 305,500. The decline in annual NOM came despite the ABS at the same time releasing detailed labour force data for November, showing that working-age (15-plus) population growth has

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Renew Economy Friday, December 19, 2025 - 11:26 Source

The world's biggest isolated grid, in Western Australia, is currently the most gas dependent in the country, but this share will decline rapidly even after the exit of coal.

The post Gas power faces rapid decline in world’s biggest isolated grid, even after exit of coal, as batteries hold court appeared first on Renew Economy.

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MacroBusiness Friday, December 19, 2025 - 11:00 Source

Two months ago, the Queensland government signalled a major retreat from net zero, announcing it would extend the life of coal-fired power stations until the mid-2040s and expand gas generation capacity under its new five-year energy roadmap. The move significantly undermined the Albanese government’s ambitious 62% to 70% emissions reduction target by 2035. The five-year

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xkcd.com Friday, December 19, 2025 - 11:00 Source

My goal in life is to be personally responsible for at least one sports rule change.

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MacroBusiness Friday, December 19, 2025 - 10:30 Source

As the horrific details of the Bondi massacre came to light, many Australians have been wondering how this could have happened. How did Naveed Akram, linked to Islamic State (ISIS) since 2019, live in a home with his father, Sajid Akram and his half a dozen registered firearms from 2023 onwards? Based on a study

The post ASIO, Bondi and the far right appeared first on MacroBusiness.

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MacroBusiness Friday, December 19, 2025 - 10:00 Source

The Suburban Rail Loop (SRL) proposed by the Victorian government was opposed by almost all infrastructure experts due to its high cost, lack of a business case, failure to pass any objective cost-benefit analysis, and inability to generate sufficient customer demand. For instance, the SRL East and North parts have a benefit-cost ratio (BCR) of

The post Feds bailout Victoria’s SRL train to nowhere appeared first on MacroBusiness.

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Your Democracy Friday, December 19, 2025 - 09:21 Source

As the negotiations for a diplomatic settlement to end the war in Ukraine gain momentum, European leaders insist on slowing them down by repeating three lies. These are, essentially, the same lies they have been telling since the war began. 

 

Europe’s Three Lies About UkraineThe European bloc’s reasons to keep the war grinding are unsound at best.

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MacroBusiness Friday, December 19, 2025 - 09:00 Source

A paradoxically unvolatile session overnight as Wall Street bounced back on a surprise downside print in US inflation while the ECB and BOE held fire on interest rate rises all of which barely moved currency markets. Asian share markets should expect a boost in the final full volume trading session before the Xmas break with

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Friday, December 19, 2025 - 08:00 Source

The iron ore price has risen by about 7% so far in 2025, but CBA head of commodities Vivek Dhar warns that oversupply concerns could soon see the price of the steel input fall below $US$100 per tonne. Dhar notes that demand headwinds are accelerating in China, while shipments from the Simandou project in Guinea

The post Bears growl at “cracking” iron ore market appeared first on MacroBusiness.

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Renew Economy Friday, December 19, 2025 - 07:51 Source

waratah battery akayshaMarket operator turns to country's most powerful battery to guarantee supplies with one third of the NSW coal fleet offline in the middle of a heatwave.

The post Australia’s most powerful battery put on standby to prevent blackouts with four big coal units offline appeared first on Renew Economy.

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Renew Economy Friday, December 19, 2025 - 07:11 Source

Ausgrid will start building the REZ based around existing infrastructure in early 2026, with work expected to be done within two years.

The post Construction begins on network upgrade to bring major coal region into the energy future appeared first on Renew Economy.

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MacroBusiness Friday, December 19, 2025 - 07:00 Source

From the Market Ear: SOX – from sexy to soggy Over the weekend we flagged the risk of a massive SOX double top. Today, that risk is starting to materialise. SOX is slicing through the 50-day and slamming into its longer-term trend line. Lose this level and the downside gets ugly fast, with the 200-day

The post Semiconductor index breaks at worst possible time appeared first on MacroBusiness.

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Your Democracy Friday, December 19, 2025 - 05:44 Source

A Jewish woman wearing a Keffiyeh as well as the Star of David was escorted off Bondi Beach by police. The resulting social media storm led to death threats to her and to her friend.

I am writing this knowing it will likely result in more death threats.

That is not a metaphor. It is a statement of fact, based on what happened to my friend Michelle and me this week, and what happened next when we sought protection from the state.

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Digitopoly Friday, December 19, 2025 - 02:14 Source

It is time to look back at digital technology in 2025 and make light of it. This review will be arranged much like the Oscars, with awards in various categories. Just as in past years, there are three criteria for the dozen awards this year:• The award must involve digital technology, such as viral videos or crazy communications technologies• The key event must have taken place this year, 2025.• The award cannot take itself seriously. The event receiving attention must lend itself to sass, sarcasm, and ridicule.

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MacroBusiness Friday, December 19, 2025 - 00:05 Source

China (31.8% share in 2024) and India (8.3% share in 2024) have driven the increase in global carbon emissions this century. Both nations have shown an insatiable appetite for coal. In 2024, China accounted for 55.8% of the world’s coal consumption, whereas India accounted for 13.9%. Australia, by contrast, accounted for only 0.9% of the

The post China and India drive record global coal consumption appeared first on MacroBusiness.

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Your Democracy Thursday, December 18, 2025 - 21:51 Source

WikiLeaks co-founder Julian Assange has filed a criminal complaint against the Nobel Foundation, accusing it of misusing Nobel Peace Prize funds by awarding them to Venezuelan opposition figure Maria Corina Machado, who has publicly called on the US to attack her own country.

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Renew Economy Thursday, December 18, 2025 - 17:30 Source

 TagEnergy.Renewable energy certificate prices - the currency that has underpinned of wind and solar in Australia - have plunged to record lows and could halve again.

The post Renewable certificate prices “drop like a stone” and are headed even lower as corporate demand dries up appeared first on Renew Economy.

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Renew Economy Thursday, December 18, 2025 - 16:28 Source

Wind finance drought turns into a minor flood, with the second wind project reaching financial close in two days, and the first on Australia's main grid in 2025.

The post Second wind farm in two days reaches financial close, first on main grid for 2025 appeared first on Renew Economy.

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Your Democracy Thursday, December 18, 2025 - 15:02 Source

Guests at the White House Christmas reception fell silent Sunday as President Donald Trump veered way off topic to deliver a cozy holiday tale about … poisonous snakes?

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MacroBusiness Thursday, December 18, 2025 - 15:00 Source

A sea of red across Asian share markets in response to a selloff on Wall Street overnight although the falls are relatively minor locally as its mainly been tech stocks affected. Markets are awaiting the slew of central bank meetings with the BOE tonight and BOJ tomorrow. USD has strengthened a little against some of

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, December 18, 2025 - 14:48 Source

home batteryLabor sheds light on just how hot the Cheaper Home Batteries rebate has been running, and just how much money can be saved by pushing smaller systems.

The post Cheaper Home Batteries scheme faced $14 billion bill before rebate changes cut it in half appeared first on Renew Economy.

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MacroBusiness Thursday, December 18, 2025 - 14:30 Source

In this week’s podcast, Nucleus Wealth’s Head of Investments, Damien Klassen, is joined by Martin North from DFA to unpack eight critical megatrends set to shape markets and investment returns in the years ahead — and why their combined impact could be powerful, complex, and often pulling in very different directions. Download Presentation Slides Here

The post MB Fund Podcast with DFA Live: Megatrends 2026 appeared first on MacroBusiness.

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Renew Economy Thursday, December 18, 2025 - 14:22 Source

Peats Ridge Community battery AusgridThe cost per kilowatt hour of community batteries has plunged, says Ausgrid, making them competitive even with subsidised home batteries.

The post Community batteries now cheaper to install than home storage, Ausgrid says appeared first on Renew Economy.

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Renew Economy Thursday, December 18, 2025 - 14:20 Source

Victoria's offshore wind proponents are ramping up activities, as they await news of the delayed auction, and the proposed port facilities making progress on approvals.

The post Offshore wind hopefuls launch weather and marine surveys as they await news of delayed auction appeared first on Renew Economy.

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MacroBusiness Thursday, December 18, 2025 - 14:00 Source

The US unemployment rate rose to a four-year high of 4.6% in November (survey: 4.5%). The result marked the fifth consecutive monthly increase, reaching its highest level since 2021. Non-farm payrolls rebounded modestly with 64,000 jobs added. This followed a decline of 105,000 jobs in October, largely due to a 162,000 reduction in federal workers

The post US unemployment rate hits four-year high appeared first on MacroBusiness.

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Renew Economy Thursday, December 18, 2025 - 13:45 Source

solar farm cobra

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MacroBusiness Thursday, December 18, 2025 - 12:45 Source

Heading into the release of the official Q2 population and immigration data from the Australian Bureau of Statistics (ABS), all indicators were pointing to an increase. A record 448,500 net permanent and long-term (NPLT) arrivals were recorded for the first 10 months of 2025: The ABS monthly NPLT arrivals series has historically tracked the official

The post ABS immigration numberwang strikes again! appeared first on MacroBusiness.

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THE BLOT REPORT Thursday, December 18, 2025 - 12:03 Source

The appalling Josh Frydenberg has come out blaming Prime Minister Anthony Albanese for the atrocity in Bondi. Always a Liberal. In this he is just echoing the bullshit spouted by the monster of Gaza, Netanyahu1.

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MacroBusiness Thursday, December 18, 2025 - 12:00 Source

I’ve been seeing a particular type of chart circulate more frequently: the one plotting the S&P 500’s forward price-to-earnings ratio against the market’s subsequent 10-year returns. At first glance, it looks authoritative — hundreds of data points neatly arranged, a strong downward relationship, and a clear takeaway that today’s high forward P/Es imply a lost

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MacroBusiness Thursday, December 18, 2025 - 11:30 Source

As battles over trade flows and domestic industry intensify worldwide, it’s worth stepping back and reflecting on how this set of circumstances has come to pass. According to an analysis from the Wall Street Journal, the total inflation-adjusted volume of Chinese exports has risen by 44% since 2019. Meanwhile, China’s imports have risen by only

The post China gobbles up global export market appeared first on MacroBusiness.

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