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Renew Economy Thursday, February 5, 2026 - 06:31 Source

UK investor snaps up two major battery projects, one a solar hybrid, adding to a growing portfolio to replace coal and create a grid with no smokestacks.

The post A grid with no smokestacks: Octopus snaps up biggest battery project and solar hybrid in push to replace coal appeared first on Renew Economy.

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MacroBusiness Thursday, February 5, 2026 - 00:05 Source

Over the past several years, Australia’s real inflation-adjusted wages have experienced their largest decline in modern history. Between the June quarter of 2020 and the March quarter of 2023, Australian real wages declined by 7.4%, returning to levels not seen since the March quarter of 2009. Real wages have recovered somewhat since, rising by 1.1%

The post Australian real wages won’t recover appeared first on MacroBusiness.

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Renew Economy Thursday, February 5, 2026 - 00:01 Source

NSW hails biggest and best result yet for long duration storage, with six massive batteries declared winners of latest tender, and at lower prices than previous auctions.

The post NSW awards contracts to six huge 8-hour battery projects, including the biggest in Australia appeared first on Renew Economy.

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Renew Economy Wednesday, February 4, 2026 - 21:19 Source

A parliamentary inquiry will examine the scale of the waste challenge looming on the flip-side of Australia's rooftop solar boom – and how to seize the opportunity it presents.

The post Federal parliament launches inquiry into solar panel reuse and recycling appeared first on Renew Economy.

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Your Democracy Wednesday, February 4, 2026 - 19:56 Source

Germany is moving to deepen ties with Italy as tensions rise with France over EU trade policy, Emmanuel Macron’s looming exit, and relations with US President Donald Trump, The Telegraph reported on Monday, citing diplomats from the bloc.

France and Germany have long been the “engine” of EU policymaking, but the outlet described Macron as a “lame duck” whose mandate ends in 2027.

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John Quiggin Wednesday, February 4, 2026 - 17:56 Source

One of the strangest features of the Australian political system over the last 80 years or so has been the permanent coalition between the Liberal and National (formerly Country) parties. It sometimes puzzles foreigners – I remember an American observer saying that the prevalence of coalition governments here was an indicator or political instability. And it takes different forms in different places. At the national level, until two weeks ago, there was a standing coalition agreement even when in opposition (this dates back to the 1970s, I think).

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John Quiggin Wednesday, February 4, 2026 - 17:54 Source

Back in March 2023, the Nine Papers ran a series of articles, entitled Red Alert, based on the claim of an “expert panel” that we should be ready to fight a war with China, within three years. With only a few weeks to go before the third anniversary of the series, the prediction is not looking good. Not only has there been no war, but relations between Australia and China are friendlier than they have been for years, going back at least as far as Turnbull’s prime ministership.

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MacroBusiness Wednesday, February 4, 2026 - 17:00 Source

Asian share markets are in mixed mood after the poor showing on Wall Street overnight although some risk taking is occuring across other markets with Yen weakening while the Kiwi lifted despite a poor unemployment print. The Australian dollar is still lifting above the 70 cent level on the long expected RBA rate yesterday. Brent

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Wednesday, February 4, 2026 - 16:55 Source

It’s hard to know where Armageddon is going to come from… CERTAINLY NOT FROM GOD… God, in whatever format we pray to, would have long abandoned this planet of imbeciles, if he ever existed…

Read more Views: 39
The Tally Room Wednesday, February 4, 2026 - 16:19 Source

A by-election will be held soon in the Victorian state seat of Nepean, covering the Mornington Peninsula to the south-east of Melbourne.

Nepean has been held since 2022 by Sam Groth. Groth had announced plans to retire at the general election late last year, and stepped down from the deputy leadership last week.

Groth held Nepean by a 6.4% margin in 2022. It seems unlikely that Labor will contest this seat, although it will be interesting to see how One Nation performs, if they choose to stand.

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Renew Economy Wednesday, February 4, 2026 - 15:05 Source

Small, plug-in PV systems are populating balconies across Europe and the US, but many Australian apartment dwellers are locked out of the new solar boom.

The post Balcony solar is powering apartments from Berlin to Barcelona. So why not in Australia? appeared first on Renew Economy.

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Renew Economy Wednesday, February 4, 2026 - 14:01 Source

manufacturing-australia from 2014The new Net Zero Fund will launch in mid-2026 with a $5bn kitty of cheap money for industries wanting to go clean and green.

The post “Appetite for risk:” Net Zero Fund to offer super-cheap loans for industrial decarbonisation appeared first on Renew Economy.

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MacroBusiness Wednesday, February 4, 2026 - 13:30 Source

29 of the 31 provinces on the Chinese mainland have released growth targets for 2026. Nineteen of the 29 provinces reduced their 2026 growth goals. This sets the stage for Beijing to follow suit and reduce the national real GDP growth objective from “around 5%” last year to “4.5-5.0%” for 2026. The structure of growth

The post Chinese regions lower their growth targets appeared first on MacroBusiness.

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Renew Economy Wednesday, February 4, 2026 - 13:28 Source

Plans for an up to 26 GW wind, solar and green hydrogen hub have new life breathed into them, just six months after they were abandoned by global oil and gas major bp.

The post Giant Pilbara wind, solar and hydrogen hub dumped by bp wins $21 million government grant appeared first on Renew Economy.

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Renew Economy Wednesday, February 4, 2026 - 13:17 Source

Curtailment remains one of the clearest signs of the challenges facing existing and new solar and wind projects in the NEM. Here's what the 2025 data tells us.

The post Wind and solar curtailment: Beneath the headline numbers from 2025 appeared first on Renew Economy.

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MacroBusiness Wednesday, February 4, 2026 - 13:00 Source

Once mighty software is being devoured by AI. The problem is that when AI can be added to anything and everything, tailored to specific industries and even specific business needs, the broad-based software package with a big moat is history. Tech volatility is leading broader market volatility higher. There’s no panic but there’s no retreat,

The post AI eats tech stocks appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 4, 2026 - 12:30 Source

Brisbane’s housing market has experienced one of its largest-ever price booms over the past five years. According to PropTrack, Brisbane dwelling values soared by 95.7% in the five years to January 2026: As a result, Brisbane has become the second most expensive housing market in the nation based on median values, behind Sydney: KPMG’s latest

The post Brisbane house prices approach bubble territory appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 4, 2026 - 12:00 Source

Over the last cycle of immigration-led growth, inflation was endemically weak. This was thanks to two main factors. The 2013-2020 surge was driven by Chinese immigrants who brought substantial investment capital to new apartment blocks. The result was a massive build-out in rental stock, which drove down rents despite inflows of people. While many of

The post How Albo turned immigration into an inflation bomb appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 4, 2026 - 11:30 Source

The Migration Institute of Australia (MIA) is the country’s peak professional body for registered migration agents and migration lawyers. It represents and supports professionals who provide migration advice to individuals, families, employers, and organisations. The MIA also lobbies the government on migration policy and regulatory issues. Peter van Vliet, CEO of the MIA, authored an article

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Renew Economy Wednesday, February 4, 2026 - 11:02 Source

Join our panelists to discuss how adaptation must now be integrated as deeply as mitigation, and the rising role of resilient grids, dynamic pricing, and climate-proofed assets.

The post Webinar: Energy Trends 2026 – Caught in the Crosswinds appeared first on Renew Economy.

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MacroBusiness Wednesday, February 4, 2026 - 11:00 Source

South Korean President Lee Jae Myung recently pledged to rein in real estate speculation, which was threatening his nation’s future, vowing to stabilise the housing market “by any means necessary.” “For the sake of a reasonable and prosperous nation, (I) will put an end to real estate speculation that could ruin the country by any

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MacroBusiness Wednesday, February 4, 2026 - 10:30 Source

The ferrous jaws must close, and slowly they are. Scuttlebutt is bearish. Chinese steel mills trimmed purchases ahead of the extended Lunar New Year holiday while preparing for scheduled maintenance, dampening near-term demand. Port activity in China also softened, with industry data showing lower transaction volumes, suggesting mills are relying less on spot cargoes. Port

The post Iron ore hits 2026 low appeared first on MacroBusiness.

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Renew Economy Wednesday, February 4, 2026 - 10:29 Source

Koorangie, Sostenuo, EdifyPlans to construct a 1.6 gigawatt-hour battery in New South Wales coal country have joined the federal government’s environmental approval queue.

The post Giga-scale big battery proposal seeks green tick for NSW coal country appeared first on Renew Economy.

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MacroBusiness Wednesday, February 4, 2026 - 10:00 Source

Every day, the Albanese government’s Housing Accord target of building 1.2 million homes over five years slips further from reach. Data released on Tuesday by the Australian Bureau of Statistics (ABS) showed that the rate of monthly dwelling approvals in trend terms stalled at just under 16,500 for the month of December, 3,500 below the

The post Australia’s housing shortage grows by the day appeared first on MacroBusiness.

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Renew Economy Wednesday, February 4, 2026 - 09:52 Source

Tiwi Islanders are confident they've landed on the right forestry formula, one that's community-led and financially and environmentally sustainable.

The post Carbon credits seed new chapter in Tiwi forestry, backed by federal green bank appeared first on Renew Economy.

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MacroBusiness Wednesday, February 4, 2026 - 09:30 Source

The most recent Roy Morgan Poll reflects the ongoing turmoil among the opposition parties. With 30.5% of the vote still going to the ALP, One Nation is up 2.5% to 25% ahead of the Liberals, the Greens are down 2% to 18%, and 14% of voters back Independents and Other Parties, including 2.5% who favour

The post Another day, another One Nation triumph appeared first on MacroBusiness.

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Your Democracy Wednesday, February 4, 2026 - 09:19 Source

French Foreign Minister Jean-Noel Barrot said on Monday that "Europe can resist the brutalization of the world" and become a third way, as a growing tension leads to a possible US-China confrontation

"The geopolitical challenge of our century is the growing tension leading to a possible confrontation between the United States and China.

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Renew Economy Wednesday, February 4, 2026 - 09:10 Source

Australia emerges as "global proof point" of a major structural change in electricity grids around the world, with grid scale batteries overtaking peaking gas generation.

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MacroBusiness Wednesday, February 4, 2026 - 09:00 Source

Overnight saw a big swing in volatility all based on US markets as AI concerns on earnings sent half of the NASDAQ down while a rally in precious metals gave undollars a lift against USD across the board. Then we saw a big bounce in oil prices with more speculation about the Trump regime bombing

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Wednesday, February 4, 2026 - 09:00 Source

Gina McCarthy, Obama’s former EPA chief and Biden’s climate czar, on the move to resist and overturn Trump’s devastating policies. Plus: News of the week, and a perfect quarter for Australia.

The post “We are not all crazy” – the climate and clean energy battle in Trumps’s America | Energy Insiders appeared first on Renew Economy.

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