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Oz Blog News Commentary
MacroBusiness Wednesday, March 11, 2026 - 00:01 Source

Australia’s rental crisis continues to worsen as population growth driven by immigration exceeds supply. According to Cotality, nationally advertised rents have soared by 47% since the end of 2019, adding nearly $11,500 to the annual cost of renting for the median tenant: Rental affordability in Australia is now tracking at an all-time low, with the

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Renew Economy Tuesday, March 10, 2026 - 21:12 Source

A maritime mystery dating back to the 1870s has been solved thanks to the seafloor surveys of an offshore wind project proposed for Victorian waters.

The post “Ironic twist of history:” Offshore wind developer solves 150-year old mystery of sunken coal ship appeared first on Renew Economy.

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Renew Economy Tuesday, March 10, 2026 - 20:18 Source

Queensland is more or less actively encouraging more state disasters via coal and gas investment. This means “prepare and repair” will continue to offer investment opportunities.

The post Queensland’s “prepare and repair” disaster economy – brought to you by coal and climate change appeared first on Renew Economy.

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Your Democracy Tuesday, March 10, 2026 - 17:51 Source

In a high-stakes move that has sent shockwaves through global energy markets, Russian President Vladimir Putin has officially entered the "Oil War," ordering an immediate pivot of Russia's vast energy resources away from Europe.

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The Tally Room Tuesday, March 10, 2026 - 15:04 Source

2:04 – The draft boundaries for the Queensland state redistribution are apparently due to be published some time this afternoon. I expect the maps to be published on this website.

Unfortunately this is a bit of an inconvenient time for myself – I will attempt to analyse them as quickly as possible but a full analysis may need to wait for tonight or tomorrow.

This is the first redistribution of Queensland state electorates for a decade, with the current boundaries having been used at the 2017, 2020 and 2024 elections.

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Renew Economy Tuesday, March 10, 2026 - 14:14 Source

Head of energy policy in world's fourth biggest economy says scale and pace of energy transition is unprecedented, but the fossil fuel industry is fighting back.

The post “A tidal wave of hostile messaging:” The billions spent each year by the fossil fuel industry demonising renewables appeared first on Renew Economy.

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Renew Economy Tuesday, March 10, 2026 - 14:13 Source

Octopus Australia Blind creek solar batteryFirst sod has been turned at one of Australia's biggest DC-coupled solar battery hybrid projects, heralding a major change to the generation profile of large-scale PV.

The post Solar, storage and sheep: First sod turned at game-changing hybrid PV and battery project appeared first on Renew Economy.

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Renew Economy Tuesday, March 10, 2026 - 14:10 Source

New report says truly partnering with communities on renewables – including through project co-ownership – could slash the time and money lost to planning hurdles and local opposition.

The post Co-ownership vs consultation: Landmark report proposes faster, cheaper path to renewables appeared first on Renew Economy.

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MacroBusiness Tuesday, March 10, 2026 - 13:00 Source

The Australian Greens have promised to waive through various tax reforms impacting superannuation and property investment, in a bid to boost budget revenue and improve equity. After months of pushing for amendments, the Greens have agreed to pass the extra 15% tax on earnings from super balances above $3 million without changes (i.e., Division 296).

The post Greens promise to waive through sensible tax reforms appeared first on MacroBusiness.

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Your Democracy Tuesday, March 10, 2026 - 12:58 Source

The proverb “revenge is a dish best served cold” traces to French (“La vengeance se mange froide”), appearing in English literature by the 19th century. Most Americans do not know the French orign of the proverb… It entered popular culture thanks to Star Trek. In Star Trek II: The Wrath of Khan (1982), Khan Noonien Singh delivers the line during a tense video call with Admiral Kirk: 

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Renew Economy Tuesday, March 10, 2026 - 12:20 Source

A heated debate over network pricing: should electricity tariffs reward households that cut their reliance on the grid, or should everyone pay more to simply stay connected?

The post SwitchedOn podcast: Are solar households shifting electricity costs onto everyone else? appeared first on Renew Economy.

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MacroBusiness Tuesday, March 10, 2026 - 12:00 Source

Victoria’s 2025‑26 Mid‑Year Financial Report was released on Friday and showed that the state’s net debt has increased by $10 billion in six months, reaching $160.9 billion: Net debt as a share of the state economy has risen from 23.7% to 24.2% in six months. Interest costs are also escalating. $3.8 billion was spent on interest

The post Victorians drown in bureaucrats and debt appeared first on MacroBusiness.

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THE BLOT REPORT Tuesday, March 10, 2026 - 11:43 Source
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THE BLOT REPORT Tuesday, March 10, 2026 - 11:30 Source

In a previous article, I detailed part of drive to Sydney in our then relatively new EV, the main part of that article was about battery developments in China1. However, we recently embarked on another road trip, driving from Canberra to Adelaide and back, a distance of about 3,000 kilometres all up (including side trips).

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MacroBusiness Tuesday, March 10, 2026 - 11:30 Source

Charts from TME. Stocks printed a large hammer reversal as the G7 and Trump TACO rescued the day. God bless it. VIX is mean-reverting, so if we see an incremental shift towards the TACO from here, then stocks will automatically rise. Oil-printed a huge shooting star. This looks overdone to me. But it is a

The post Stocks roar on the TACO appeared first on MacroBusiness.

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Your Democracy Tuesday, March 10, 2026 - 11:17 Source

Australia claimed impotence over Gaza but is now sending military support to the US-Israel war in the Gulf. Andrew Brown on the hypocrisy of a nation which prides itself on fairness.

This week Australia announced it would help defend the United Arab Emirates from Iranian attack.

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MacroBusiness Tuesday, March 10, 2026 - 11:00 Source

Justin Fabo from Antipodean Macro produced the following chart, showing how Australia’s labour productivity growth (i.e., GDP per hour worked) has ranked among the poorest in the advanced world over the past decade. One of the longer-term factors behind Australia’s poor productivity growth is “capital shallowing”. I.e., the population, via immigration, has grown faster than

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Your Democracy Tuesday, March 10, 2026 - 10:39 Source

Trump says US has won ‘but we haven’t won enough’

At a news conference, the US president downplays the spike in oil prices and says the Iran war will eventually result in lower prices.

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Renew Economy Tuesday, March 10, 2026 - 10:33 Source

Join industry experts for an in-depth discussion on DC-coupled solar and battery hybrid systems transforming Australia's renewable energy landscape.

The post Video: The energy transition with DC-coupled solar and storage appeared first on Renew Economy.

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MacroBusiness Tuesday, March 10, 2026 - 10:30 Source

DXY flamed out last night on the G7 unpledge to release petroleum reserves. AUD reversed all of the losses. Oil tanked. North Asia is still struggling. The AI metal swoon reversed. As did the mining crash. Plus EM. Junk is still nervy. US yields reflected the jobs, not the oil shocker. Stocks bid WIII hard.

The post Australian dollar rockets as asteroid destoys Earth appeared first on MacroBusiness.

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Renew Economy Tuesday, March 10, 2026 - 10:26 Source

Sheep Gannawarra solar farm Edify EnergyA large-scale solar and battery project that was sent to the state planning arbiter by more than 80 written objections – none of them local – has been cleared to go ahead.

The post Solar and battery project sent to state planning authority by far away objectors gets all-clear appeared first on Renew Economy.

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MacroBusiness Tuesday, March 10, 2026 - 10:00 Source

I noted on Monday how Australia is facing rising energy costs on three fronts: Soaring petrol/diesel prices Rising gas prices Rising electricity prices. The most immediate shock is higher petrol/diesel prices, which have risen above $2 per litre in most capital cities. As illustrated below by Justin Fabo from Antipodean Macro, global oil prices have

The post Get ready for soaring energy bills appeared first on MacroBusiness.

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MacroBusiness Tuesday, March 10, 2026 - 09:30 Source

Yes, you read that right, you’re about to get power and gas bill cuts. Gas prices have tanked over the last quarter. This is especially striking given the spike in Asian LNG prices above $23Gj. The falling gas price has helped wholesale electricity prices fall over the last five months from an average of $116M/h

The post Energy superidiot to get utility price cuts appeared first on MacroBusiness.

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MacroBusiness Tuesday, March 10, 2026 - 09:00 Source

The G7 will bail out the American Idiot with its strategic petroleum reserve after he proposed a 300-400m/b release, roughly a quarter of the total and equivalent to all of the remaining US strategic reserve. This is desperate stuff. Or will it? French Finance Minister Roland Lescure said the Group of Seven is “not there

The post G7 bails out American Idiot appeared first on MacroBusiness.

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MacroBusiness Tuesday, March 10, 2026 - 08:00 Source

As the war in the Middle East continues to drag on, the Trump Administration is seeking a means by which it can be brought to a swift conclusion. One option that is increasingly gaining traction is seizing Kharg Island in the northwestern corner of the Persian Gulf, which currently accounts for 90% of Iran’s oil

The post The huge Iran War misconception appeared first on MacroBusiness.

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Renew Economy Tuesday, March 10, 2026 - 03:00 Source

The Australian trucking industry is about to experience an electric revolution, with plunging battery prices turning economics on its head. New Energy Transport’s Daniel Bleakley explains. Plus: News of the week.

The post Video: The revolution in electric trucking | Energy Insiders appeared first on Renew Economy.

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MacroBusiness Tuesday, March 10, 2026 - 00:01 Source

The 2020s are shaping up as a decade to forget for Australian households. According to national accounts data released last week by the Australian Bureau of Statistics (ABS), real per capita household disposable income—arguably the best indicator of material living standards—remained stuck in the low growth zone in 2025, still tracking 3.9% below the COVID-19

The post A decade to forget for Australian households appeared first on MacroBusiness.

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Renew Economy Monday, March 9, 2026 - 21:19 Source

Melbourne houses small iStock-1721581939All Australian homes should receive a score out of 10 for energy efficiency before they can be sold or rented, experts say, as part of an expansion to a national assessment program.

The post Mandatory energy rating report card urged for all homes appeared first on Renew Economy.

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Your Democracy Monday, March 9, 2026 - 21:02 Source

Jimmy and comedian, writer and actor Rick Overton light into Jon Stewart for recycling Islamophobic “72 virgin” jokes from the Iraq War era to mock Iran's response to U.S. aggression, accusing him of pushing war propaganda while ignoring critical facts. They detail how Iran only attacked U.S. military bases that were being used to bomb Iran, while Israel is simultaneously attacking Saudi Arabia, Qatar, and Lebanon —facts Stewart omits, to paint Iran as irrational.

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Renew Economy Monday, March 9, 2026 - 19:43 Source

Australian surf brand Bolero Surf has partnered with Spanish energy giant Acciona to make surfboard fins from recycled wind turbine blades in the hope of creating a new Australian manufacturing industry. The Bolero Surf fins are the first commercially available product to come out of Acciona’s ‘Turbine Made’ initiative which it launched in February 2025. […]

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