Blogotariat

The first big battery to be locked into a "baseload renewables" contract for a major energy consumer has commenced full operations.

President Trump’s 10% tariff on Australia never made sense. Australia has historically had a gaping trade deficit with the United States. As illustrated in the table below from Australia’s Department of Foreign Affairs and Trade (DFAT), the United States exported (A$88.2b) more than double what it imported (A$37.5b) from Australia in 2023-24. The Trump administration’s

Wow. You go, Nine. Publishing straight propaganda from the Chinese embassy now. China is offering to work with Australia to boost trade and defend growth in response to tariffs imposed by US President Donald Trump in a new bid to find common ground when the world is spiralling into a catastrophic trade war. The Chinese

The post Nine, for one, welcomes its new Chinese overlords appeared first on MacroBusiness.

The Australian National University (ANU) is one of the nation’s key purveyors of immigration propaganda. Propagandists like “Dr Demography” Liz Allen are regular mouthpieces on the pro-Big Australia migration circuit, as are the ANU Migration Hub’s Peter McDonald and Alan Gamlen. Now, a new immigration propagandist has emerged from ANU – Ben Phillips from ANU’s

Australia’s labour productivity performance has ranked among the lowest in the world. The following chart shows that the Reserve Bank of Australia’s (RBA) projections for productivity growth have been far too optimistic over the past decade. Last month, the RBA’s Head of Economic Analysis, Michael Plumb, tacitly admitted that Australia’s mass immigration policy has eroded

In the early last decade, the federal Labor government made the fateful decision to approve the export of liquified natural gas (LNG) out of Queensland without requiring gas companies to supply Australians first. Then Federal Resources Minister under the Gillard/Rudd Labor governments, Gary Gray, claimed that domestic gas reservation policies create uncertainty and deter investment,

Great ideas, these. Peter Dutton would funnel 80 per cent of commodity revenue windfalls into two new Future Fund ­vehicles to pay down the nation’s $1.2 trillion debt bill and bankroll investments in regional Australia, as the Coalition ramps up its ­attacks on Labor’s big-spending budget and deficits. The Opposition Leader on Thursday will unveil

The post Dutton too late the hero with sovereign wealth funds appeared first on MacroBusiness.

In the report below, Luke Yeaman, Chief Economist at CBA, examines whether the era of globalisation over. Trump, Tariffs and Trade: A Different Kind of Wall The era of trade liberalisation, free market reforms, deregulation and fiscal discipline (the Washington Consensus) is officially dead and buried. In a few weeks, President Trump has reversed a

The post Is this the end of globalisation? appeared first on MacroBusiness.

Greens unveil plan to use Snowy Hydro and a new $10 billion fund to roll out rooftop solar systems for the nation's seven million renters.

A frequent criticism of the federal rooftop solar subsidy is that it has lead to the "poor" have subsidised the "rich." But does the data support the outrage?

Another fun night on risk markets as Trump folded on his tariff tirade with a 90 day stay of execution – except for China and everyone still gets a 10% hit irregardless of surplus/deficit/other vagaries – so of course the short covering was epic with Wall Street lifting 10% or more after the Royal Twit

The post Macro Morning appeared first on MacroBusiness.

Habitat Energy has landed another contra

DXY was stable. AUD through the roof. Concrete boots now. Oil and gold rally. Copper is the loon metal. Others dour. Big miners stuffed. EM pumped. Credit stress gone. But yields up. Stocks to the moon! All markets are now the plaything of the Orange Madman. Bloomberg. President Donald Trump announced a 90-day pause on

The post Australian dollar goes mad appeared first on MacroBusiness.