Blogotariat

The competition watchdog is focusing on Virtual power plants (VPP) to ensure the runaway success of battery rebates doesn't lock consumers into unfair contracts. 

At the end of 2024, CoreLogic (now Cotality) estimated that Australians were paying a record percentage of their income to rent the median property. According to Cotality’s most recent quarterly rental report, national median rents have risen by 43% over the last five years, causing the average tenant household to pay an additional $10,350 per

The post Migration rebound dire news for Australian tenants appeared first on MacroBusiness.

Last week, the ABC reported that within the Albanese government there were two very different approaches to the productivity round table scheduled for later this month. “One camp doubts that a cautious Albanese has much inclination to take on a controversial new policy—and questions whether “consensus” can be achieved with business and unions appearing poles

The post Can Labor survive continued inaction from Albo? appeared first on MacroBusiness.

Australia’s economy suffered a lost decade in the 2010s amid the collapse in per capita GDP and productivity growth. This decade is shaping up as another lost decade, with the economy trapped in a long per capita recession amid the worst labour productivity growth in the advanced world. The August Statement of Monetary Policy (SoMP)

The post Another lost decade beckons for Australians appeared first on MacroBusiness.

Perth based solar glass innovator launches "lightweight and low maintenance" integrated solar power solution engineered to install on metal rooftops.

A staid night on the economic calendar with Wall Street closing at new record highs while European stocks played catchup as it seems the impact of US inflation is being discounted sharply by market players while the Fed continues to signal caution. The USD remains on the ropes against all the majors with Euro hitting

The post Macro Morning appeared first on MacroBusiness.

WHAT FOLLOWS IS NOTHING NEW... TO SOME EXTEND IT IS ERRONEOUS BY GENERALISATION OF HUMAN INTELLIGENCE. WE HAVE TO SAY SOME HUMANS HAVE THE CAPACITY TO UNDERSTAND AND LEAD WHILE OTHERS "COME ALONG FOR THE RIDE"... THIS HAS BEEN THE CASE SINCE HOMO SAPIENS FELL FROM ITS TREE AND WALKED THE GRASSY PLAINS....

Evidence is piling up that the human brain can no longer keep up with the overshoot crisis which human greed has engendered.

The European Commission is plotting to help oust Hungarian Prime Minister Viktor Orban over what it considers his overly independent policy, according to Russia’s Foreign Intelligence Service (SVR).

The Hungarian leader has repeatedly clashed with Brussels in recent years, opposing EU military aid to Ukraine and Kiev’s bid to join the bloc.

111 years ago the assassination of Archduke Franz Ferdinand of Austria became the pretext for the butchery of World War I. 

A teenage Serbian revolutionary shot Archduke Franz Ferdinand, the presumptive heir to the Austro-Hungarian throne, and his wife Sophie on their visit to the Bosnian capital of Sarajevo.

BY GUS LEONISKY

Asian share markets are generally boisterous in correlation with the equally euphoric Wall Street which was able to swing a higher domestic inflation print into an increased probability of an interest rate cut by the Federal Reserve in September. Currency-land remains stagnant however with the USD losing out against most of the majors as Euro

The post Macro Afternoon appeared first on MacroBusiness.

SunCable says efforts to raise fresh capital are gathering "strong interest from multiple investors," and plans to pipe solar power overseas are still alive and kicking.

Battery electric vehicles (BEVs) are massively subsidised in Australia. The Fringe Benefits Tax (FBT) exemption for BEVs costs the federal government more than $500 million in lost tax revenue each year—a figure that will increase alongside the take-up of BEVs. Under the FBT exemption, somebody leasing a $60,000 car can save more than $12,000 per

The post Trouble ahead for EV sales appeared first on MacroBusiness.

A new study shows 70% of people in REZs back a shift to renewables. That’s a strong base – but highly conditional. Without action now, that goodwill could evaporate.