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Oz Blog News Commentary
Your Democracy Tuesday, March 3, 2026 - 06:55 Source

 

The Israel/US decapitation strike on Saturday hit the Ayatollah Khamenei when he was reportedly meeting with senior Iranian military officers. Was the Israeli hit a lucky coincidence or was this a deliberately planned trap? Did the US send a message to Khamenei for a meeting to discuss a US proposal in preparation for the planned Monday meeting — now cancelled — in Geneva?

 

Is Donald Trump Looking for an Exit Ramp?

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Your Democracy Tuesday, March 3, 2026 - 06:44 Source

 

Rubio, Hegseth, Caine, Ratcliffe to Brief All Congress Members on Iran Tuesday - Speaker

US House Speaker Mike Johnson said on Monday that he arranged a classified briefing on March 3 for all members of Congress with senior administration officials amid the US-Israeli military campaign against Iran.

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Your Democracy Tuesday, March 3, 2026 - 05:44 Source

Western governments, including Australia and New Zealand, have backed US and Israeli strikes on Iran. But the decision risks economic catastrophe, regional escalation and the further erosion of international law.

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MacroBusiness Tuesday, March 3, 2026 - 00:01 Source

Over the COVID-19 pandemic and the years immediately following, there was a strong migration from Victoria to Queensland. According to the most recent Australian Bureau of Statistics (ABS) population figures, Victoria had experienced two consecutive quarters of net inward migration from other states—the first inflows since the pandemic began. While the net inflow was small—only

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George Monbiot Monday, March 2, 2026 - 21:58 Source

The Green Party is becoming everything you might have wanted Labour to be.

By George Monbiot, published in the Guardian 25th February 2026

NB: This article was published before the by-election it refers to. The Greens won by a mile.  

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Your Democracy Monday, March 2, 2026 - 20:50 Source

Saudi Crown Prince Mohammed bin Salman made multiple private phone calls to US President Donald Trump last month pushing for a strike on Iran despite favouring diplomacy publicly, the Washington Post reported.

In January the crown prince said that he would not allow his country's airspace or territory to be used for an attack on Iran. He said that Saudi Arabia would respect the sovereignty of Iran and urged Washington and Tehran to resolve issues through dialogue.

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Renew Economy Monday, March 2, 2026 - 17:24 Source

Renewables gentailer adds new mid-sized solar and battery project to its growing portfolio of assets, this time an approved and state significant project in NSW.

The post Flow Power goes bigger on firmed solar, with purchase of shovel ready PV and battery project appeared first on Renew Economy.

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John Quiggin Monday, March 2, 2026 - 16:50 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

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Renew Economy Monday, March 2, 2026 - 14:50 Source

Vestas-Wind-Turbine_Field-copy.jpgInvestigations are underway into the cause of a fatal accident that claimed the lives of two men working inside a wind turbine at a project in Germany.

The post Two men killed in turbine lift accident at German wind farm appeared first on Renew Economy.

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Renew Economy Monday, March 2, 2026 - 14:11 Source

The installation of more than 250,000 discounted batteries is an extraordinary result, delivering around 6.2 MWh of storage. But will this success continue?

The post Home battery installs hit quarter-million mark under federal rebate. But is the party over? appeared first on Renew Economy.

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MacroBusiness Monday, March 2, 2026 - 14:00 Source

Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus Wealth. Follow @DamienKlassen on X(Twitter) or Linked In The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen

The post Capex: AI Boom evident appeared first on MacroBusiness.

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Your Democracy Monday, March 2, 2026 - 13:39 Source

The US president vowed revenge after three US service members will killed by Iran, and called on Iranians to rise up. DW has the latest.

 

Trump on Iran: 'US will avenge the deaths of Americans'by Timothy Jones | Mahima Kapoor | Karl Sexton with AFP, Reuters, AP, dpa | Felix Tamsut | Darko Janjevic editor | Wesley Dockery

read more

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Renew Economy Monday, March 2, 2026 - 13:20 Source

A mammoth proposed 70 GW wind, solar and hydrogen hub has enough "offtake interest" in green ammonia to justify bringing first stage online by 2033. 

The post “Transformational:” Offtake interest spurs progress on huge Nullarbor renewables hub appeared first on Renew Economy.

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MacroBusiness Monday, March 2, 2026 - 13:00 Source

Australia recorded a 1.9% decline in greenhouse gas emissions over the year to September 30, 2025: The result has Greg Jericho, chief economist at The Australia Institute, whining about Australia’s lack of ambition on carbon reduction. Jericho notes that Australia’s emissions are currently tracking 27.4% below 2005 levels. The 2030 target requires a 57% reduction and the 2035

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Renew Economy Monday, March 2, 2026 - 12:52 Source

squadron wind uungala nswSquadron Energy says 35 of 69 turbine foundations are complete at Uungala wind farm, taking it past the halfway mark. 

The post Concrete milestone at Forrest wind farm, with more than half of turbine foundations complete appeared first on Renew Economy.

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Renew Economy Monday, March 2, 2026 - 12:17 Source

In more than half of US states, Republican and Democratic lawmakers have introduced legislation that would boost adoption of DIY solar systems.

The post Balcony solar takes US by storm, as 27 states announce new plug-and-play PV laws appeared first on Renew Economy.

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Renew Economy Monday, March 2, 2026 - 12:05 Source

State-owned coal generator passes on option to buy what would have been Australia's largest publicly owned wind farm, leaving its developer to find a new path to financial close.

The post State generator bins plan for Australia’s biggest publicly owned wind farm, shifts focus to PPA appeared first on Renew Economy.

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MacroBusiness Monday, March 2, 2026 - 12:00 Source

Following the announcement of its East Coast gas reservation policy before Christmas, which plans to force Queensland LNG exporters to divert 15–25% of new supply into the domestic market, the Albanese government held its first formal consultation meeting on the proposed scheme. According to a report in The Australian, the meeting provided participants with little

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MacroBusiness Monday, March 2, 2026 - 11:30 Source

Chinese property does not look like it will bounce any time soon. Eeeeiiiiiuuuuu. LNY tourism was a bust in per capita terms. Cars need more stimmies. Energy use is stalled. Stimmies are already pumping. But too much is going into paying off old stimmies (now the highest cost to local governments). The new economy is

The post Shrinking China piles debt upon debt appeared first on MacroBusiness.

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Your Democracy Monday, March 2, 2026 - 11:08 Source

Australia has declared its support for US action against Iran to prevent it from obtaining a nuclear weapon and “to prevent Iran continuing to threaten international peace and security”.

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MacroBusiness Monday, March 2, 2026 - 11:00 Source

Melbourne’s water storages have fallen to 69.7%, the lowest level since July 2020 and on a trajectory similar to the Millennium Drought. This has prompted warnings that water restrictions may return if usage doesn’t drop. Late January water usage hit 253 litres per person per day, far above the 150‑litre target set by authorities. In

The post Melbourne faces water Hunger Games appeared first on MacroBusiness.

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Renew Economy Monday, March 2, 2026 - 10:33 Source

penny sharpe, kurri kurriWork underway on renewable energy zone that will add a gigawatt of hosting capacity to state's grid through new and upgraded network infrastructure.

The post Construction begins on coal country renewable energy zone, state’s first to upgrade existing network appeared first on Renew Economy.

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MacroBusiness Monday, March 2, 2026 - 10:30 Source

Chart from TME. The equity market is telling us that investors want stability over growth. With trailing valuations so high, this is no great surprise. Schiller PE, which has its problems says it’s 1999 all over again, When credit cracks, you must listen. Equity sell-offs led by credit sell-offs have the potential to go much

The post Sell, says market legend appeared first on MacroBusiness.

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Your Democracy Monday, March 2, 2026 - 10:15 Source

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MacroBusiness Monday, March 2, 2026 - 10:00 Source

Australian tenants have suffered immensely over the past five years, with rents growing nearly three times as fast as wages, according to Cotality. In the five years to February 2026, advertised rents have risen by 42% nationally, adding around $10,600 to the annual cost of renting the median home. As a result, the percentage of

The post Australian renters endure needless suffering appeared first on MacroBusiness.

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MacroBusiness Monday, March 2, 2026 - 09:30 Source

According to the latest Newspoll, the new LNP leadership has stemmed the bleeding but not much else. This result has to be very concerning. Labor is down one point to 32%, One Nation is unchanged at 27%, the Coalition is up two to 20%, while the Greens are down one to 11%. However, with 35%

The post One Nation delivers CGT and negative gearing reform appeared first on MacroBusiness.

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MacroBusiness Monday, March 2, 2026 - 09:00 Source

Following a fresh wave of bombing by the American madman and Israel on Iran, retaliation suggests wider implications for the region than previous rounds. With Supreme Leader Al Khamenei dead, there is ambiguity about who currently makes decisions in Tehran after major losses to Iranian leadership. Whether Iran’s Islamic Revolutionary Guard Corps (IRGC) withdraws under

Read more Views: 28
MacroBusiness Monday, March 2, 2026 - 08:00 Source

The ferrous complex rolled on Friday as we head to the Two Sessions. Clearly, not much hope for stimmies China’s total steel inventory is a little below last year. Port inventories of iron ore fell for the first time in months, according to CISA. But not according to MySteel. Inventories of imported iron ore stockpiled

The post Australian dollar bombed in Middle East appeared first on MacroBusiness.

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MacroBusiness Monday, March 2, 2026 - 08:00 Source

Between 1949 and 1972, Australia’s federal government was controlled by the Coalition, with 17 of those 23 years occurring under the party’s founder, Sir Robert Menzies. This era brought a great many challenges to Australia and the world, as the Cold War and rapid technological progress demanded adaptable leaders and policy heavily focused on the

The post A blueprint for LNP success appeared first on MacroBusiness.

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Your Democracy Monday, March 2, 2026 - 07:47 Source

Pope Leo said on Sunday that he is following events after US-Israeli strikes against Iran with “deep concern” and made an impassioned appeal to stop what he called a “spiral of violence”.

“I address a heartfelt appeal to the parties involved to assume the moral responsibility to stop the spiral of violence before it becomes an irreparable abyss,” said the pope.

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