Blogotariat

Chinese renewables giant Envision ramps up plans for Australian market, with a big pipeline of projects and competitive pricing for wind turbines and big batteries.

Interim CEO appointed to CEC after more departures revealed in a changing of the guard at the Melbourne-based lobby group.

Wokey continues its good work for the CCP, led by Bernard Keane, China groveller extraordinaire. Abbott’s hypocrisy on this was so extraordinary that even the toddler speaking with him pointed out he’d negotiated a free trade agreement with China when he was briefly prime minister. Abbott defended himself by saying it was possible to see

The post Bernard Keane turns nasty China groveller appeared first on MacroBusiness.

Proposed 2GW solar and battery energy park hits new roadblock, following a legal challenge led by owners of a local chicken farm to worker accommodation plans.

Drew Hutton has been credited with co-founding the Greens with Bob Brown. Hutton was the lead Queensland Greens Senate candidate for many years and ran for the party in numerous elections. Following his retirement from parliament, he founded Lock the Gate and led a successful campaign against coal seam gas. However, on June 24, Drew

The post Australian Greens transition to irrelevance appeared first on MacroBusiness.

Goldman with the note. …the Central Commission for Financial and Economic Affairs (CCFEA) meeting chaired by President Xi on July 1 called for building a “unified national market” to discourage local protectionism, as well as regulating disorderly price-cutting and excessive competition among producers. For background, the CCFEA held a meeting on the “healthy development of

The post Why does China overproduce eveything? appeared first on MacroBusiness.

We know that we are wrecking our economy with crazy high gas prices. We also know that this is a direct result of subsidising gas exports to China, which it sends back as battleships. We know that Japan resells huge quantities of cheap Aussie gas across Asia at a markup. We know that we need

The post Energy superidiot approaches peak gas stupid appeared first on MacroBusiness.

Prime Minister Anthony Albanese's recent Six-day visit to China was important. China is Australia's largest trading partner.From Beijing perspective it was certainly a success.As the Communist Party's propaganda sheet, the Global Times, observed  "the relationship is now flying in the stratosphere" after years of strained ties under the previous Morrison government.

MAURICE NEWMAN, THE DAILY TELEGRAPH

AEMO reports record completions and wind, solar and battery pipeline, with more developers choosing hybrid options for solar to dodge negative prices and congestion.

Tasmanian election results can often be simplified to totals for each party in each electorate. But votes aren’t cast for parties, they’re cast for candidates. When candidates are elected or excluded, preferences don’t always flow to fellow members of the same party (or “leakage”). A particularly efficient distribution of votes within a party group can also allow a party to compete for an extra seat beyond what the party totals might suggest.

For today’s post I will run through the current state of play in terms of vote shares for the key candidates in each electorate, and the other blocks of votes that will come into play.

Last night saw risk markets barely move on a quiet economic calendar or geopolitical catalysts with only the USD having any reactions as continued trade concerns with the Trump regime pushing for a baseline 15-20% tariff on all EU products sending King Dollar down against everything. Wall Street eked out more record highs with minimal

The post Macro Morning appeared first on MacroBusiness.

Australia is suffering a generational housing shortage amid historically high immigration-driven population growth and sluggish housing supply. In late 2023, the National Cabinet agreed to a new Housing Accord, which would deliver 1.2 million homes over five years, commencing on 1 July 2024. Australian dwelling approvals, commencements, and completions are currently tracking around 25% (60,000)

Australians who have been critical of AUKUS have tended to focus on Australian problems with it – it’s too dear, we have neither a nuclear industry nor a nuclear workforce, etc.

But very recent events and reported remarks by US Defence official Elbridge Colby show how much of a problem it — or at least the nuclear submarine aspect of it — is for the US.