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MacroBusiness
Saturday, February 7, 2026 - 00:01
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International Reading: Survey: 43% of Americans Don’t Have Savings to Pay for a $1,000 Emergency – US News Employers announce most job cuts since 2009 as economy wobbles – USA Today Warren to call for reversal of Trump’s UAE chip sales after ‘Spy Sheikh’ revelations – CNBC Trump is giving the U.S. economy a $65 The post Weekend reading and MB media appearances appeared first on MacroBusiness. |
Your Democracy
Friday, February 6, 2026 - 18:06
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Nord Stream (1224 km) and Nord Stream 2 (1200 km) are gas pipelines from Russia to Europe, running under the Baltic Sea, allowing gas supplies to bypass transit countries.
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Your Democracy
Friday, February 6, 2026 - 17:28
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I can see why people do not care About the Epstein saga to be aware They think if they do think which is debatable about the next meal to place on their table While some young one prepares for a nose piercing A tasteful tattoo on the left buttock and a penis ring Some young girls go for the cheapest make up At the pharmacy that tells them that down is up Fashion lips need to be red, black and glossy |
MacroBusiness
Friday, February 6, 2026 - 16:00
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Yes, this is my last post at MacroBusiness…see more below but first the final roundup of today’s markets: Its been a tough day on local markets with the ASX200 slumping while the nexus of the AI bubble on Wall Street, the Trump regime’s warmongering in Iran, a snap election in Japan and the latest US The post Macro Afternoon…and a Farewell appeared first on MacroBusiness. |
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Renew Economy
Friday, February 6, 2026 - 15:15
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Renew Economy
Friday, February 6, 2026 - 15:04
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The post We need more hydro, Turnbull says: But would many smaller projects have been better than Snowy 2.0? appeared first on Renew Economy. |
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Renew Economy
Friday, February 6, 2026 - 14:37
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The post First solar-battery hybrid sends power into evening peak, heralding radical changes for Australia’s main grid appeared first on Renew Economy. |
Renew Economy
Friday, February 6, 2026 - 13:58
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The post Is AEMO still fit for purpose? Review to probe governance of energy market operator appeared first on Renew Economy. |
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MacroBusiness
Friday, February 6, 2026 - 13:30
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Charts from TME. Semiconductors are threatening to follow software down as the NDX washout gathers momentum. To call the semis trade crowded doesn’t quite say it. Software doom is at hand. Overnight, Goldman declared the sector the new “Newspapers”. “Historical episodes of major disruption risk suggest that share price stabilization will require stability in the The post AI wrecks tech appeared first on MacroBusiness. |
MacroBusiness
Friday, February 6, 2026 - 13:00
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The Victorian government has introduced a suite of tax increases and new levies that significantly raise holding costs for investors—primarily through lower land‑tax thresholds, expanded vacant‑residential‑land taxes, and new short‑stay levies. These changes mean more investors now pay land tax, and those who already paid are paying more. Therefore, holding costs for investment properties have |
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Renew Economy
Friday, February 6, 2026 - 12:49
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The post Energy Insiders Podcast: Malcolm Turnbull on hydro, LNP, One Nation and Trump appeared first on Renew Economy. |
MacroBusiness
Friday, February 6, 2026 - 12:30
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As we enter the Chinese Year of the Horse, which signifies dynamism, energy, and freedom, ANZ believes that Chinese growth is entering a new era. While such an assumption is okay in theory, the notion that Chinese growth is about to rise is pretty laughable to me. Total Factor Productivity (TFP) is notoriously difficult to The post China’s year of the dead horse appeared first on MacroBusiness. |
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MacroBusiness
Friday, February 6, 2026 - 12:00
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The State of Queensland is running large operating deficits, averaging 3.2% of operating revenue between FY25–FY27. The operating deficit is expected to peak at nearly 6% in FY26. Deficits after capital spending are extremely large: 17–20% of revenue through FY27. A return to operating surplus is not expected until FY28. S&P Global Ratings has affirmed Queensland’s AA+ The post Can Queensland afford the 2032 Olympics? appeared first on MacroBusiness. |
Your Democracy
Friday, February 6, 2026 - 11:41
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In Qatar on Thursday, Chancellor Friedrich Merz signaled Germany would be willing to increase arms exports to countries like Qatar and Saudi Arabia as "reliable cooperation partners." |
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Renew Economy
Friday, February 6, 2026 - 11:37
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The post Australia urged to release “terrifying” climate security analysis after UK report flags ecosystem collapse by 2030 appeared first on Renew Economy. |
Renew Economy
Friday, February 6, 2026 - 11:32
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MacroBusiness
Friday, February 6, 2026 - 11:30
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Following the resumption of rate rises from the RBA earlier this week, many Australians have been left wondering how things went so badly wrong that the RBA has needed to raise rates only a year after it started cutting them, despite the prior rate rise cycle delivering the largest relative rise in mortgage rates in The post The rate hike blame game – RBA vs Albo appeared first on MacroBusiness. |
Renew Economy
Friday, February 6, 2026 - 11:05
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The post Wind and solar output leaps 20 pct in January, as west wins on wind and biggest coal grid on PV appeared first on Renew Economy. |
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Renew Economy
Friday, February 6, 2026 - 11:02
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The post “Bankable, critical:” State puts two pumped hydro energy storage projects on planning fast-track appeared first on Renew Economy. |
MacroBusiness
Friday, February 6, 2026 - 11:00
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Regional Australia should be alarmed by the latest long-term projections from the Centre for Population, which risk tilting the nation’s power balance further in the cities’ favour. To recap, the Centre for Population’s 2025 Population Statement projects that the nation’s population will grow by 3,860,000 over the 11 years to 2035–36, with most (80%) of The post The regions should fear Big Australia appeared first on MacroBusiness. |
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xkcd.com
Friday, February 6, 2026 - 11:00
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MacroBusiness
Friday, February 6, 2026 - 10:30
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DXY is back and showing no signs of fatigue. The AUD looks like a man clinging to the edge of a cliff. It has overshot its CNY sponsor. The Japan problem is back. Gold puked again. Copper longs must be feeling it. AI metals are in free fall. Big mining parabola goes “pop”. EM down. The post Australian dollar sucked into AI storm appeared first on MacroBusiness. |
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MacroBusiness
Friday, February 6, 2026 - 10:00
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Melbourne’s status as an economic wasteland continues to grow. The latest labour force data from the Australian Bureau of Statistics (ABS), presented below by CBA, shows that Victoria has recorded the steepest rise in unemployment in the nation: Victoria’s trend unemployment rate is also the highest in the nation at 4.7%, sitting well above the The post Melbourne’s CBD is an economic wasteland appeared first on MacroBusiness. |
The Tally Room
Friday, February 6, 2026 - 09:30
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The current LNP state government in Queensland was elected on a promise of restoring the Optional Preferential Voting (OPV) system used in the state up until the 2015 election. Under this system, voters are not required to number every box on the ballot. In contrast, the current Compulsory Preferential Voting (CPV) system requires voters to effectively number every box. |
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MacroBusiness
Friday, February 6, 2026 - 09:30
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The ferrous jaws are finally closing. Another 3-4% and we will be at some kind of weak equilibrium in steel profits. That is, if steel prices don’t start falling again. And they well might. CISA output for the last ten days of January was poor. The year has started tracking 2019. There was a silver The post The great iron ore tumble begins appeared first on MacroBusiness. |
MacroBusiness
Friday, February 6, 2026 - 09:00
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A blowout in US unemployment claims, a collapse in cryptocurrencies and more unease over the AI uber-bubble added to rise in volatility across risk markets overnight as Wall Street fell back again, taking other markets with it. The USD continued its comeback against most of the majors, particularly the Aussie, Loonie and Kiwi while the The post Macro Morning appeared first on MacroBusiness. |
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Your Democracy
Friday, February 6, 2026 - 08:15
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In the midst of the euphoria surrounding Venezuela's aggression, Trump and Marco Rubio sounded the death knell. After 67 years of resistance against the empire, the Cuban revolution was supposedly finished. Cuba was expected to fall this year, the US administration proclaimed daily, in every possible tone.
BY Maïté PINERO Cuba: in defense of the honor of humankind.
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Your Democracy
Friday, February 6, 2026 - 05:44
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History offers a warning about unchecked power. As Donald Trump reshapes US foreign policy, the risks of personal rule and predatory hegemony are becoming harder to ignore.
America’s bad emperor problem
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MacroBusiness
Friday, February 6, 2026 - 00:01
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Australia’s 50% capital gains tax (CGT) discount for individuals (introduced in 1999) has come under renewed scrutiny, with a broad coalition calling for reform to ease the housing affordability crisis, bolster the federal budget, and improve intergenerational equity. The push spans economists, think tanks, former regulators, international bodies, the New South Wales Treasurer, and even The post Go ‘Back-to-the-Future’ on CGT appeared first on MacroBusiness. |
George Monbiot
Thursday, February 5, 2026 - 23:19
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Here is the real reason why Keir Starmer’s government refuses to let us have a fair electoral system. By George Monbiot, published in the Guardian 4th February 2026 |
Malcolm Turnbull says more "simpler" pumped hydro needed as solar outpaces wind, and insists that Snowy 2.0 will deliver value despite delays and cost blowouts.
The first solar-battery hybrid has begun sending power into Australia's main grid in the evening. Dozens of bigger projects are will follow, changing the game for old fossils. 
Transparency, accountability, membership and corporate structure will all come under the microscope as part of a major review of the Australian Energy Market Operator. 
Former prime minister Malcolm Turnbull is pushing for more hydro, but is still pumped up by the hard right and the disappearance of the sensible middle. Plus: Big batteries seize the moment again.
The Australian government has been urged to come clean on security threats posed by climate change following the release of a troubling UK assessment.
Latest Rystad Energy data shows Australia's large-scale wind and solar farms generated 20% more electricity in January 2026 than in January 2025.
Two multi-billion dollar pumped hydro energy storage projects declared Critical State Significant Infrastructure in race to cancel out coal.
