Blogotariat

Global surveys of 50,000 people finds "strong and genuine support" for international carbon pricing and other policy measures to mitigate climate change.

Stock markets were quite mixed in the Asian session today without a solid lead from Wall Street as concerns over rare earth metal supply held back Japanese equities while currency markets are awaiting tonight’s ECB meeting. Most of the undollar’s remain in a strong position vs the almost dethroned King Dollar with the Aussie about

The post Macro Afternoon appeared first on MacroBusiness.

"We're living in a state of denial." Former regulator says no one has come up with a solution for the "death spiral for gas networks, so he has a suggestion.

Former regulator Ron Ben David explains why no one wants to go near the gas network "death spiral" - and suggests a solution.

A council has dismissed as "undercooked" a shared benefits offer made by Whitehaven Coal's for a solar project next to its huge thermal coal mine.

The Australian Bureau of Statistics’ (ABS) population data has become a lottery. The population estimates in the Q3 2024 and Q4 2024 national accounts releases (here and here) differed wildly from the official quarterly population statistics released a few weeks later. The Q1 2025 national accounts, released on Wednesday, implied that Australia’s population growth accelerated

By Stephen Saunders  Here’s Mr Albanese, pretending to re-fly the Coalition’s east-coast gas reservation, outing his 40-year emissions-rich “surprise” for Woodside NW Shelf gas, while smirking “it’s net zero, not zero”.  At Election 2025, Peter Dutton kicked the own-goal of nuclear-net-zero. Reappointed Albanese Labor climate-Svengali Chris Bowen still spruiks 43% emissions reduction towards net zero.

Earlier this week, Prime Minister Anthony Albanese suggested that Labor would negotiate with the Coalition on superannuation reforms, raising the prospect that it would abandon its proposal to tax unrealised capital gains. However, Treasurer Jim Chalmers on Wednesday slammed the door on that notion, stating that Labor would strike a deal with the Greens that

DXY at the brink. Lousy jobs Friday will push it over. Its Costanza Day for the AUD. The China/ Australia marriage. Gold poised. Metals lagging. Miners meh. EM meh. Junk meh. Yield relief. Bad news is good news. It a lousy ISM services and ADP that the market moving with hope of Fed relief. The

The post Australian dollar rises on weak US economy appeared first on MacroBusiness.

Last night saw the release of the latest US ISM services and private jobs data reports and both slumped below market expectations, halting the mini rally on Wall Street and tanking the USD once again. More talk but no resulting trade deals couldn’t lift King Dollar as the Trump regime patiently waits for the, let

The post Macro Morning appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) valued education exports at $51 billion in 2023-24, suggesting a massive benefit to the Australian economy. The ABS estimates this astonishing export figure using “an average spend estimate from Tourism Research Australia … supplemented by the addition of total expenditure on course fees”. The ABS incorrectly classifies all international

The Q1 national accounts from the Australian Bureau of Statistics (ABS) were released on Wednesday, which revealed that per capita GDP fell back into negative territory following a brief respite in Q4 2024. Real per capita GDP declined by 0.2% in Q1. This represented the ninth quarterly decline in the past 11 quarters, with per

The post Australian living standards are in decline appeared first on MacroBusiness.

One of the world's oldest offshore wind farms gets a 10-year life extension - a first for wind pioneer Denmark.