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MacroBusiness
Friday, February 6, 2026 - 12:30
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As we enter the Chinese Year of the Horse, which signifies dynamism, energy, and freedom, ANZ believes that Chinese growth is entering a new era. While such an assumption is okay in theory, the notion that Chinese growth is about to rise is pretty laughable to me. Total Factor Productivity (TFP) is notoriously difficult to The post China’s year of the dead horse appeared first on MacroBusiness. |
MacroBusiness
Friday, February 6, 2026 - 12:00
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The State of Queensland is running large operating deficits, averaging 3.2% of operating revenue between FY25–FY27. The operating deficit is expected to peak at nearly 6% in FY26. Deficits after capital spending are extremely large: 17–20% of revenue through FY27. A return to operating surplus is not expected until FY28. S&P Global Ratings has affirmed Queensland’s AA+ The post Can Queensland afford the 2032 Olympics? appeared first on MacroBusiness. |
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Your Democracy
Friday, February 6, 2026 - 11:41
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In Qatar on Thursday, Chancellor Friedrich Merz signaled Germany would be willing to increase arms exports to countries like Qatar and Saudi Arabia as "reliable cooperation partners." |
Renew Economy
Friday, February 6, 2026 - 11:37
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The post Australia urged to release “terrifying” climate security analysis after UK report flags ecosystem collapse by 2030 appeared first on Renew Economy. |
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Renew Economy
Friday, February 6, 2026 - 11:32
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MacroBusiness
Friday, February 6, 2026 - 11:30
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Following the resumption of rate rises from the RBA earlier this week, many Australians have been left wondering how things went so badly wrong that the RBA has needed to raise rates only a year after it started cutting them, despite the prior rate rise cycle delivering the largest relative rise in mortgage rates in The post The rate hike blame game – RBA vs Albo appeared first on MacroBusiness. |
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Renew Economy
Friday, February 6, 2026 - 11:05
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The post Wind and solar output leaps 20 pct in January, as west wins on wind and biggest coal grid on PV appeared first on Renew Economy. |
Renew Economy
Friday, February 6, 2026 - 11:02
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The post “Bankable, critical:” State puts two pumped hydro energy storage projects on planning fast-track appeared first on Renew Economy. |
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MacroBusiness
Friday, February 6, 2026 - 11:00
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Regional Australia should be alarmed by the latest long-term projections from the Centre for Population, which risk tilting the nation’s power balance further in the cities’ favour. To recap, the Centre for Population’s 2025 Population Statement projects that the nation’s population will grow by 3,860,000 over the 11 years to 2035–36, with most (80%) of The post The regions should fear Big Australia appeared first on MacroBusiness. |
MacroBusiness
Friday, February 6, 2026 - 10:30
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DXY is back and showing no signs of fatigue. The AUD looks like a man clinging to the edge of a cliff. It has overshot its CNY sponsor. The Japan problem is back. Gold puked again. Copper longs must be feeling it. AI metals are in free fall. Big mining parabola goes “pop”. EM down. The post Australian dollar sucked into AI storm appeared first on MacroBusiness. |
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MacroBusiness
Friday, February 6, 2026 - 10:00
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Melbourne’s status as an economic wasteland continues to grow. The latest labour force data from the Australian Bureau of Statistics (ABS), presented below by CBA, shows that Victoria has recorded the steepest rise in unemployment in the nation: Victoria’s trend unemployment rate is also the highest in the nation at 4.7%, sitting well above the The post Melbourne’s CBD is an economic wasteland appeared first on MacroBusiness. |
The Tally Room
Friday, February 6, 2026 - 09:30
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The current LNP state government in Queensland was elected on a promise of restoring the Optional Preferential Voting (OPV) system used in the state up until the 2015 election. Under this system, voters are not required to number every box on the ballot. In contrast, the current Compulsory Preferential Voting (CPV) system requires voters to effectively number every box. |
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MacroBusiness
Friday, February 6, 2026 - 09:30
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The ferrous jaws are finally closing. Another 3-4% and we will be at some kind of weak equilibrium in steel profits. That is, if steel prices don’t start falling again. And they well might. CISA output for the last ten days of January was poor. The year has started tracking 2019. There was a silver The post The great iron ore tumble begins appeared first on MacroBusiness. |
MacroBusiness
Friday, February 6, 2026 - 09:00
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A blowout in US unemployment claims, a collapse in cryptocurrencies and more unease over the AI uber-bubble added to rise in volatility across risk markets overnight as Wall Street fell back again, taking other markets with it. The USD continued its comeback against most of the majors, particularly the Aussie, Loonie and Kiwi while the The post Macro Morning appeared first on MacroBusiness. |
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Your Democracy
Friday, February 6, 2026 - 08:15
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In the midst of the euphoria surrounding Venezuela's aggression, Trump and Marco Rubio sounded the death knell. After 67 years of resistance against the empire, the Cuban revolution was supposedly finished. Cuba was expected to fall this year, the US administration proclaimed daily, in every possible tone.
BY Maïté PINERO Cuba: in defense of the honor of humankind.
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Your Democracy
Friday, February 6, 2026 - 05:44
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History offers a warning about unchecked power. As Donald Trump reshapes US foreign policy, the risks of personal rule and predatory hegemony are becoming harder to ignore.
America’s bad emperor problem
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MacroBusiness
Friday, February 6, 2026 - 00:01
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Australia’s 50% capital gains tax (CGT) discount for individuals (introduced in 1999) has come under renewed scrutiny, with a broad coalition calling for reform to ease the housing affordability crisis, bolster the federal budget, and improve intergenerational equity. The push spans economists, think tanks, former regulators, international bodies, the New South Wales Treasurer, and even The post Go ‘Back-to-the-Future’ on CGT appeared first on MacroBusiness. |
George Monbiot
Thursday, February 5, 2026 - 23:19
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Here is the real reason why Keir Starmer’s government refuses to let us have a fair electoral system. By George Monbiot, published in the Guardian 4th February 2026 |
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Renew Economy
Thursday, February 5, 2026 - 18:34
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The post First four turbines erected on expansion project that will deliver state’s biggest wind farm appeared first on Renew Economy. |
MacroBusiness
Thursday, February 5, 2026 - 16:30
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Not a good day for precious metals or crypto currencies as Asian share markets also remain in a dour mood after the poor showing on Wall Street overnight. The USD is strengthening again and holding back the Australian dollar which is struggling to get back above the 70 cent level despite a good trade print The post Macro Afternoon appeared first on MacroBusiness. |
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Renew Economy
Thursday, February 5, 2026 - 15:04
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The post Fertiliser giant firms up first leg of Indigenous-backed, 1.2 GW green energy hub appeared first on Renew Economy. |
Renew Economy
Thursday, February 5, 2026 - 14:42
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The post Batteries may do more damage to coal generator profits than they do to gas appeared first on Renew Economy. |
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MacroBusiness
Thursday, February 5, 2026 - 14:13
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As noted many times, Australia enjoyed a few brief sane years of trade diversification when ScoMo stuck COVID up Beijing in 2020 and the nation responded by looking for other markets. Since then, Albo has bent over forwards to restore the same trade vulnerability. Thankfully, he partially failed because the Chinese trade mix has changed, The post Time to slap big tariffs on Chinese streel appeared first on MacroBusiness. |
THE BLOT REPORT
Thursday, February 5, 2026 - 13:38
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Like many people who use computers, I use Microsoft Word for much of what I write for this blog and I also for my scientific papers. In addition, I used to be the editor for a scientific journal from 1996 to 2016 and, when I started that, it was a very steep learning curve using rather clunky software called Pagemaker1. Eventually Pagemaker was replaced by the superb InDesign which was part of Adobe Creative Suite2. |
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Renew Economy
Thursday, February 5, 2026 - 13:01
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The post Want a Cheaper Home Battery? Federal rebate now offers 1,259 models to choose from appeared first on Renew Economy. |
MacroBusiness
Thursday, February 5, 2026 - 12:30
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NDX is threatening to make a mess as recent range breaks down. Charts from TME. The fringe always leads the centre. Enough? SOX socked. So far, it has been software that has crashed, but if semis follow, then the AI story is cracking up. Tech volatility is near range lows unless this is something new. The post Tech flushed appeared first on MacroBusiness. |
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Your Democracy
Thursday, February 5, 2026 - 12:09
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While everyone is scouring over the millions of newly released Epstein documents, which continue to expose the disgusting depths of depravity among Western elites, a familiar discredited voice has surfaced with a convenient alternative tale: blame Russia. Where did the “blame Russia for Epstein” conspiracy come from? |
MacroBusiness
Thursday, February 5, 2026 - 12:00
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The Albanese government’s 5% deposit scheme has encouraged many Australian first-home buyers to enter the market. Introduced in October 2025, the First Home Buyer Guarantee program allows 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), which The post First home buyers are in the RBA’s sights appeared first on MacroBusiness. |
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MacroBusiness
Thursday, February 5, 2026 - 11:30
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As the full scope of the decline of the Coalition continues to become apparent, elements of the Labor base are revelling in the ongoing political demolition of their longtime rivals. According to the latest polling from RedBridge, the Coalition is polling just 19% for their primary vote, compared with 26% for One Nation. While it’s The post Anthony Albanese shouldn’t throw stones appeared first on MacroBusiness. |
MacroBusiness
Thursday, February 5, 2026 - 11:30
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The ferrous jaws are closing, though we still need a price nearer to $90 for iron ore for steel enterprises to make sense. With a mild cyclone season so far, price pressure is likely to continue into CNY, which runs from February 16 to February 22. Typically, there is some kind of bounce afterwards before The post Green steel abandons Australia appeared first on MacroBusiness. |
The Australian government has been urged to come clean on security threats posed by climate change following the release of a troubling UK assessment.
Latest Rystad Energy data shows Australia's large-scale wind and solar farms generated 20% more electricity in January 2026 than in January 2025.
Two multi-billion dollar pumped hydro energy storage projects declared Critical State Significant Infrastructure in race to cancel out coal.
The first four of 30 new turbines at the Warradarge wind farm have been erected, with the rest due to be up by August. 
A 50MW solar project will be the first in a 5GW vision by the Ngarluma Aboriginal Corporation. 
Batteries are going to kill coal generation profits as well as gas. They may do more damage to coal than they do to gas.
The number of home battery models available through the Cheaper Home Batteries rebate has ballooned by nearly 500 since July 2025, new data shows.