Blogotariat

Tesla has finally, sort of, launched driverless cars. Waymo is doing 250,000 trips per week. Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen look at the big picture for driverless cars and what they mean for investors. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos.

The post MB Fund Podcast: Are Driverless Cars Finally Ready? appeared first on MacroBusiness.

With heaps of renewable energy potential and – and not enough transmission to move it – it's a sin to waste the Riverina's data centre potential.

With two in five registered lobbyists having once worked in politics, a new report says the federal government's rules for regulating fossil fuel lobbying need urgent reform.

What a goose Albo is. He’s put Rudd in Washington to torpedo ANZUS and then used that as an excuse to cuddle up to Beijing. But the bill is coming due. A Trump administration review of the $368 billion AUKUS pact could see the US demand Australia pay more for submarines, The Sydney Morning Herald

The post As Albo grovels in Beijing, Washington sends the bill appeared first on MacroBusiness.

This is the ship of fools that nearly cut rates 50bps in May, then didn’t cut at all in the following meeting despite an economy that had clearly deteriorated. Chair Michele Bullock is not a macroeconomist. Deputy chair Andrew Hauser is a macroeconomist Marnie Baker AM is not a macroeconomist. Renée Fry-McKibbin is a macroeconomist.

The post The RBA Board’s ship of unqualified fools appeared first on MacroBusiness.

DXY is trying to rally. AUD has flamed out despite RBA’s inept monetary policy. Lead boots are going downhill again. Gold is shaky, oil stupid. The copper chaos intensifies. Miners meh. EM meh. Junk up. With yields down. A stalled EUR is rescuing stocks. UBS captures the moment. British pop group Bucks Fizz gained international

The post Australian dollar run over as Bullock drives backwards appeared first on MacroBusiness.

"Dulce et decorum est pro patria mori'*

Is all very well, but I think that before I

Would try it, I'd rather the maxim were amended

Thus-'Patriots are more useful living than when dead.'

Australia is facing the prospect of a Trump administration review demanding it pay more for submarines under the $368 billion AUKUS pact and guarantee the boats support the US in a conflict over Taiwan.

Sources familiar with the review by Trump’s Undersecretary of Defence, Elbridge Colby, believe he intends to urge major changes to the program before Australia can get the nuclear submarines it has been promised.

People movements at CE, KPM, Hamilton Locke, AMSL Aero, ClearVue, Grattan, DCCEEW, Zen Energy, SEC, AEMC, ENA, Envision, PolarBlue, Snowy Hydro, HMC.

A massive new road scheme will solve precisely nothing, while costing the Earth.

By George Monbiot, published in the Guardian 24th June 2025

There appear to be two main determinants of what infrastructure gets built. The first is whether it provides large and lucrative contracts for powerful corporations. The second is whether ministers can pose beside it in hard hats and yellow jackets. Otherwise, it is hard to explain the decisions made.

Protection should be the default state of the oceans.

By George Monbiot, published in the Guardian 13th June 2025

I have been saying this a lot recently: “At last!” At last, a mainstream film bluntly revealing the plunder of our seas. At last, a proposed ban on bottom trawling in so-called “marine protected areas” (MPAs). At last, some solid research on seabed carbon and the vast releases caused by the trawlers ploughing it up. But still I feel that almost everyone is missing the point.