Germany once operated over 22 GW of nuclear capacity, producing around 160 TWh annually at low cost and without emissions. Following the Fukushima accident in 2011, Berlin accelerated closures, shutting 8 GW immediately and completing the phase-out by 2023. However, renewables could not provide stable baseload power. As a result, the shortfall was filled by
Recently U.S. Vice President J.D. Vance retweeted a copy of a chart from Ice Cap Asset Management showing that growth in Canada’s GDP per capita had significantly underperformed both Britain and the United States since 2016. “While I’m sure the causes are complicated, no nation has leaned more into “diversity is our strength, we don’t
Life has gotten significantly more difficult for Australian tenants over the past five years. According to Cotality, the national median advertised rent soared by 43.8% over the five years to September 2025. As a result, the percentage of median household income required to meet the median advertised rent rose to a record high of 33.4%
MB sympathises with all of those affected by yesterday’s Bondi disaster. We have only one thing to add to the fury. The Levantine war has been running in one form or another for over two millennia. Yet, in the post-OPEC era, it has never been less relevant to Australia. Why has the Australian government entered
Friday night saw a large selloff on Wall Street due to tech stocks getting out of sync with reality on earnings while some hawkish talk by Fed officials saw more bond selloffs as Treasury yields pipped higher again. The USD continued its dive against Euro and gold while the Australian dollar remained relatively strong to
The Australian Bureau of Statistics (ABS) will release the official population and net overseas migration (NOM) data for the June quarter of 2025 on Thursday. Ahead of this release, the latest population indicators from the ABS are pointing to rising NOM. On Friday, the ABS released monthly net permanent and long-term (NPLT) arrivals data for
The collapse in Australia’s labour productivity is well documented. An OECD analysis published in The AFR found that Australia ranked second-last among wealthy nations in productivity growth since the COVID-19 pandemic. EY’s chief economist, Cherelle Murphy, says the decline in Australia’s productivity is partly attributable to “capital shallowing”—the fact that local companies are not investing
Cotality’s preliminary auction results show that buyer demand continues to wilt in Sydney, where the preliminary clearance rate has fallen to a 12-month low of just 58.1%. “While the reduction in volume is following the typical seasonal pattern, the gradual easing in auction clearance rates, which has been evident since mid-September, has more to do
By Lucinda Jerogin, Associate Economist at CBA The RBA left the cash rate on hold in a unanimous decision that was widely expected. The Statement took a step in the hawkish direction, but it was the Governor’s post meeting press conference that cemented the end of the easing cycle and warned of potential hikes. The
International Reading: Trump Hit With His Worst-Ever Approval Rating on the Economy – Daily Beast Trump Moves to End a Major Student Loan Forgiveness Program – Time U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic – PBS Fed Chair Jerome Powell Says U.S. May Be Drastically