South Australia is regarded as the nation’s leader in renewable energy, with the highest penetration of wind and solar generation in the country. South Australia closed its last coal-fired power plant in 2016 and now generates more than three-quarters of its electricity from wind and solar. However, the shutdown of its baseload coal power plants
From The Market Ear: Here we go DXY breaking above the negative trend line, closing well above the 50 day… and attempting the 100 day. More on the crowded short dollar. The dollar shorty CTAs running big DXY shorts. So far… …this is just a much needed correction. SPX supports: 21 day at 6625, trend
It is essential to understand Australia’s immigration policy within its historical context. During the first 60 years following World War II, Australia’s net overseas migration (NOM) averaged 90,000 per year, with only two years exceeding 150,000. In the 15 years of ‘Big Australia’ immigration preceding the pandemic, NOM averaged 220,000 per year, a 145% increase
Australian renters have suffered disproportionately at the hands of record immigration levels, which saw an astonishing 1,227,000 net migrants arrive in Australia over the 33 months to Q1 2025. As shown below by Justin Fabo from Antipodean Macro, most of these migrants arrived through the temporary migration system and required rental housing. As a result, advertised
Queenscliff, Victoria AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 25 September 2025 appeared first on MacroBusiness.
Belinda Allen, CBA’s Head of Australian Economics, believes that the probability of further rate cuts has slimmed amid stronger domestic economic data and stubborn inflationary pressures. Markets are effectively pricing no chance of a cut in September following the stronger August CPI indicator. November market pricing has also shifted from a 70% probability to around
With the release of the latest Westpac – Australian Chamber of Commerce and Industry (ACCI) survey on Industrial Trends, a concerning divergence has emerged between economic expectations and actual performance across a wide array of different metrics. Over the nearly 30-year scope of the Westpac-ACCI index, the actual assessed performance has tracked the expected performance
Earlier this month, Ex-NSW Senior Trade and Investment Commissioner for Japan and Korea Michael Newman lambasted the size of Australia’s bureaucracy, claiming we had one of the world’s largest number of public sector workers per head of population. Newman claimed that Australia has 140 public servants for every 1,000 people. By comparison, Japan has 38 per
In this week’s podcast, we are unpacking the economics behind the data centre capex boom—where the money is coming from, where it’s going, and what kind of returns investors can expect. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at
As infighting within the Liberal Party continues over the party’s leadership and its stance on Net Zero, things continue to deteriorate. Electoral demographics continue to shift against them, as the proportion of people living in rented homes increases and their strongest established base of support passes away. According to sources within the Victorian Liberal Party,