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Oz Blog News Commentary
MacroBusiness Thursday, February 12, 2026 - 13:00 Source

The Albanese government’s expanded 5% deposit scheme for first home buyers came into effect on October 1, 2025. The First Home Buyer Guarantee program enables eligible buyers to purchase a home with a 5% deposit, with the federal government guaranteeing the remaining 15%. This means buyers avoid paying Lenders Mortgage Insurance (LMI), save $10,000–$30,000 depending

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MacroBusiness Thursday, February 12, 2026 - 12:30 Source

AGL Energy is the latest to warn that Albo’s gas dog’s breafast is delaying critical investment needed to prevent supply shortfalls later this decade. Chief executive Damien Nicks said the absence of detail about how the scheme would operate was already affecting contracting and capital decisions, cautioning that ambiguity risked chilling new supply. The federal

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Renew Economy Thursday, February 12, 2026 - 12:07 Source

 Akaysha EnergyAkaysha sends a new Victoria battery to EPBC queue as it starts commissioning its second big battery in NSW.

The post Akaysha’s new Victoria battery hits EPBC queue, big battery in NSW starts sending power to grid appeared first on Renew Economy.

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MacroBusiness Thursday, February 12, 2026 - 12:05 Source

In this week’s podcast, MB Fund’s Chief Investment Officer, Damien Klassen, unpacks how AI is rapidly devouring the software sector — examining why AI leaders are absorbing ever-larger slices of market cap, what’s driving the widening performance gap, and what this power shift means for investors positioned in traditional software stocks. Join us when we

The post MB Fund Podcast: AI is devouring the software sector appeared first on MacroBusiness.

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MacroBusiness Thursday, February 12, 2026 - 12:00 Source

Data centres contribute significantly to greenhouse gas emissions, primarily through electricity consumption, and their impact is growing as demand for digital services increases. According to the International Energy Agency (IEA), data centres are responsible for approximately 1-1.5% of global electricity use, which translates to around 330 million tons of CO2 equivalent emissions annually. This figure

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Renew Economy Thursday, February 12, 2026 - 11:56 Source

Electricity demand is up 8 per cent on Australia’s main grid – the National Electricity Market (NEM) in the past year compared to 2022 – which is quite a respectable really. Demand has grown most strongly in the middle of the day, and in Queensland, and it seems there is, or will be, enough battery […]

The post The changing shape of the NEM: Demand has responded to price at least modestly appeared first on Renew Economy.

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MacroBusiness Thursday, February 12, 2026 - 11:30 Source

When your leadership challenge turns into a joke before it even starts, it’s not a good look. Crikey. I rarely agree with Crikey these days, but Bernard Keane is right about this. Is Angus Taylor carrying out the single worst major party leadership challenge in Australian political history? …The stuttering, bumbling, on-again-off-again nature of Taylor’s

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MacroBusiness Thursday, February 12, 2026 - 11:00 Source

Australians have a resolute belief in the property market. The discount variable mortgage rate has soared from a low of 2.4% in April 2022 to a peak of 6.25% between November 2023 and January 2025 before falling to 5.5% following last year’s three 0.25% rate cuts from the RBA. Despite the surge in mortgage rates,

The post Australians turn even more bullish on house prices appeared first on MacroBusiness.

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Your Democracy Thursday, February 12, 2026 - 10:11 Source

Last October, Deutsche Bahn (DB) launched a social media campaign with popular comic Anke Engelke in the main role. We watch Engelke, as train conductor Tina, and her team doing their best to navigate everything from defective doors to blocked toilets and broken-down trains — and, at the same time, keep passengers happy.

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MacroBusiness Thursday, February 12, 2026 - 10:00 Source

It is almost certain that the Albanese government will make changes to the capital gains tax (CGT) discount in the upcoming May federal budget. The fact that senior Labor MPs have not ruled out changes in recent interviews suggests that changes to the CGT discount are afoot, backed by a broad coalition of supporters. The

The post Would CGT changes harm the rental market? appeared first on MacroBusiness.

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Renew Economy Thursday, February 12, 2026 - 09:41 Source

Golden Plains wind farm.The second stage of what is already the biggest wind project in Australia has started sending power to the grid, and soon will be the first in the country to reach the gigawatt scale. The first 766 megawatt (MW) stage of the Golden Plains wind farm – majority owned and developed by Portugal-based TagEnergy – […]

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Your Democracy Thursday, February 12, 2026 - 09:31 Source

Now that the Japanese ruling coalition has secured a majority in the lower house, Prime Minister Sanae Takaichi doesn't need to "immediately resign". However, attention remains focused on her recent erroneous remarks and actions.

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MacroBusiness Thursday, February 12, 2026 - 09:30 Source

In reality, the housing bubble has been eating into all levels of government budgets for many years. Stamp duty is a revenue component that has increased structurally over time. AHURI estimates that Australian governments have spent a total of $20.5 billion on first-home-buyer schemes of various kinds from 2012-2021. I’m guessing it is more than

The post Albo’s all-new house price ponzi scheme appeared first on MacroBusiness.

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MacroBusiness Thursday, February 12, 2026 - 09:00 Source

DXY was firm overnight after a reasonable jobs report. AUD had another tearaway night. This story was not about US jobs, which should have capped it. It was about a rocketing JPY post-election and CNY still on the up. Oil and gold are both chasing Iran. AI metals were mixed. Big mining parabolas have never

The post Australian dollar joins the march of Japan appeared first on MacroBusiness.

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MacroBusiness Thursday, February 12, 2026 - 08:00 Source

In August last year, Health Minister Mark Butler set a target to reduce NDIS spending growth from its current annual rate of 8% to 5-6%. According to estimates from the e61 Institute, this 5-6% growth figure is roughly consistent with the cost pressures on the NDIS from inflation, population growth, and population aging. While there

The post NDIS growth surges higher appeared first on MacroBusiness.

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Your Democracy Thursday, February 12, 2026 - 07:45 Source

Exactly 19 years ago on Tuesday [10/02/2026], Russian President Vladimir Putin took the podium at the Munich Security Conference and demolished the myths and falsehoods underpinning the American-led world order. Did anyone heed his warning?

To Russia, the “rules-based international order” has always been shorthand for a system in which the US makes the rules and issues the orders.

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Renew Economy Thursday, February 12, 2026 - 07:01 Source

Unlike many countries, Australia does not allow balcony solar, which now even come with their own batteries. But that may change.

The post Moves afoot to bring balcony solar to Australia, and new wave of products has batteries included appeared first on Renew Economy.

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Your Democracy Thursday, February 12, 2026 - 06:55 Source

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MacroBusiness Thursday, February 12, 2026 - 00:01 Source

Announcing targets is easy. Delivering on them is the hard part. Two years ago, the Albanese government, alongside the states, announced the National Housing Accord, which set a target of building 1.2 million homes over five years from 1 July 2024, equating to 240,000 housing completions annually. This target was always overly ambitious, given that

The post It’s time to abandon unrealistic housing targets appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2026 - 20:40 Source

cropped-RGT4TnGQ-copy.jpegRenewables advocacy groups join the likes of Tesla to push back against proposals to increase the fixed network cost component of electricity bills.

The post Solar and battery households will be biggest losers from network tariff changes, advocates say appeared first on Renew Economy.

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Renew Economy Wednesday, February 11, 2026 - 20:28 Source

The UK's latest renewable energy auction has secured a record amount of new development capacity and the largest onshore wind project in a decade.

The post Renewables auction delivers record number of solar projects, biggest onshore wind farm appeared first on Renew Economy.

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Renew Economy Wednesday, February 11, 2026 - 20:26 Source

uungala wind farm helicopter transmission linesA helicopter has been deployed to start stringing the transmission lines that will connect the huge Uungala wind farm to the grid in central western New South Wales.

The post Choppers and concrete pours: Helicopter joins effort to deliver huge Twiggy Forrest wind farm appeared first on Renew Economy.

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Your Democracy Wednesday, February 11, 2026 - 17:06 Source

 

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Renew Economy Wednesday, February 11, 2026 - 14:50 Source

Williamsdale battery in Canberra to fund two rooftop solar and battery storage systems for local not-for-profit organisations, as part of a com

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Renew Economy Wednesday, February 11, 2026 - 14:40 Source

Delta Electricity Vales Point coal fired power station - supplied 1 - optimised

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Renew Economy Wednesday, February 11, 2026 - 14:33 Source

The Essential Services Commission has banned a second company in as many weeks for allegedly using doctored photos to claim completion of efficiency projects.

The post Energy regulator bans another company over doctored photos, false claims appeared first on Renew Economy.

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Renew Economy Wednesday, February 11, 2026 - 14:17 Source

Torrens Island batteryAGL is making more money from customer margins and its new big batteries, but is worried about solar sharer. "It's February and we have not an ounce of detail."

The post Australia’s biggest coal generator learns how to make more money out of its customers and big battery fleet appeared first on Renew Economy.

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MacroBusiness Wednesday, February 11, 2026 - 13:30 Source

Caitlin Fitzsimmons, the environment and climate reporter for The Sydney Morning Herald, has written an article challenging the common belief that younger Australians are being locked out of home ownership. While it’s true that people in their 20s are buying later than previous generations, Fitzsimmons points to Census data compiled by the Australian Institute of

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MacroBusiness Wednesday, February 11, 2026 - 13:00 Source

Back in 2022, one week after Albo was elected, I rang the gloriously handsome Andrew “Lord” Charlton and briefed him on the incoming gas catastrophe his government faced. Those words fell into oblivion, never to be heard again, and perhaps today we can understand why. The square-jawed man of the people had his sights set

The post Lord Charlton captured by crypto appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2026 - 12:30 Source

AGL to create a new funding vehicle, using other people's money, to develop its major wind projects, including auction winners in NSW and the CIS.

The post AGL eyes options for a 2 gigawatt plus wind energy portfolio after signing string of PPAs appeared first on Renew Economy.

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