Blogotariat

The ferrous complex short squeeze is flaming out. Arch CCP groveller Twiggy Forrest was on the hustings yesterday. The Australian. The next chapter in the Australia-China relationship will define our shared futures for the next century. It was significant that one of the defining moments of the Prime Minister’s visit was one I had not experienced on

The post Green steel dream turns nightmare appeared first on MacroBusiness.

Energy transition business chaired by Julia Gillard proposed massive 10-year big battery in southern Queensland, next to an even bigger five-hour battery.

French President Emmanuel Macron has announced that his country will recognize Palestine as a state in pursuit of what he called a “historic commitment to a just and lasting peace” in the region.

In a surprise statement on X on Thursday, Macron said that he would make a formal announcement to this effect at the United Nations General Assembly in September in New York.

Australia has lifted biosecurity restrictions on beef imports from the United States, one of the key grievances that led the Trump administration to impose tariffs on Australia.

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Albanese in China: 6 days, 1 panda, 0 shouting. (Some) media outrage level: critical.

Never mind that the trip secured new trade protocols, tourism agreements, and a fresh review of the China–Australia Free Trade Agreement. Never mind the agricultural breakthroughs, the reopening of tourism channels, or the decarbonisation talks with major iron ore exporters and Chinese steelmakers. None of that seemed to matter. The real problem, we were told, was tone.

Fred Zhang

In December 2024, a joint report from UNSW and Homelessness Australia claimed that 10,000 extra Australians were becoming homeless each month. “Since 2020, rents have risen at rates unseen since 2008. During the period March 2020 to June 2024, the median advertised weekly rent for all property types across all cities and regions rose from

The post Australia’s homelessness epidemic is no accident appeared first on MacroBusiness.

The German chancellery insists the ruling coalition is united in its stance on Israel's actions in Gaza, despite differing views. A split appeared after Germany refused to add its name to a 28-country declaration.

German Chancellery Minister Thorsten Frei on Wednesday dismissed concerns of a rift within Germany's coalition government over its position on Israel.

An apparent split emerged after Germany opted not to join dozens of Western countries in signing a condemnation of the "inhumane killing" of Palestinian civilians in Gaza on Monday.

An integrated solar to hydrogen and ammonia project will begin construction in October after financial close was reached this week.

Australia becomes the first of Tesla's subsidiary country operations to deliver a bigger profit from its battery storage division than for selling and maintaining EVs.

Six weeks ago, legendary financial and geopolitical cycle analyst Martin Armstrong was signaling a big turn toward war.  Now, Armstrong says, “The chances of war with a nuclear exchange is at 100%. . .. Plan on it, this is coming.”

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Last week, Jobs and Skills Australia (JSA) released data showing that employers are having a far easier time finding workers to fill roles. As illustrated below by Justin Fabo from Antipodean Macro, the overall share of employees finding it difficult to find workers has almost returned to pre-pandemic levels. While higher-skilled workers remain harder to find,

The post Australia’s skills shortages are way overblown appeared first on MacroBusiness.

Thank god for the liar from the Shire. AFR. Two US congressmen leading a committee looking at Chinese expansion in the Indo-Pacific have thrown their support behind the AUKUS nuclear-powered submarine pact, just a day before a hearing in which former prime minister Scott Morrison will testify. “AUKUS has received strong bipartisan support from Congress

The post Morrison steps into gaping Rudd breach appeared first on MacroBusiness.