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Renew Economy Wednesday, December 10, 2025 - 07:53 Source

French oil giant developing massive multi-gigawatt solar and battery project south of Darwin that may be rival to bigger SunCable project further south.

The post French oil giant emerges as rival to SunCable with plans for massive solar and battery facility near Darwin appeared first on Renew Economy.

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John Quiggin Wednesday, December 10, 2025 - 07:34 Source

How my AI report on housework started well, then went off the rails

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Your Democracy Wednesday, December 10, 2025 - 06:42 Source

From being custodians of public knowledge, governments are turning to architects of manufactured ignorance. Amid disappearing evidence, citizens are struggling to hold power to account.

Around the world, governments are quietly deleting, manipulating, or withholding public data at an unprecedented scale, which is a direct threat to democratic accountability.

 

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Your Democracy Wednesday, December 10, 2025 - 05:44 Source

 

Ukrainian President Volodymyr Zelenskyy held a meeting with Pope Leo XIV at Castel Gandolfo, located outside Rome.

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MacroBusiness Wednesday, December 10, 2025 - 00:05 Source

Research by Super Consumers Australia has found that the typical single retiree paying rent needs $659,000 in superannuation to enjoy a financially secure future, more than twice the $322,000 required by a homeowner. Couples face a similar gap: $786,000 for renters versus $432,000 for homeowners. Renters are three times more likely to struggle financially in

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Renew Economy Wednesday, December 10, 2025 - 00:05 Source

 Neoen AustraliaAEMO's latest ISP says wind, solar and storage still cheapest option to replace coal, but warns that slower rollout may result in missed targets.

The post ISP warns of missed targets and added costs from delays, and as LNP throws coal spanner in the works appeared first on Renew Economy.

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Renew Economy Wednesday, December 10, 2025 - 00:03 Source

TransmissionLineSA-copy-2The ISP remains the best planning document stakeholders could wish for. Its weakness is it’s only a planning document, someone else has to implement it.

The post AEMO’s latest ISP plots a steady course, but private sector is running out of excuses appeared first on Renew Economy.

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Your Democracy Tuesday, December 9, 2025 - 21:53 Source

 

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Renew Economy Tuesday, December 9, 2025 - 16:40 Source

Contractor signed up for early works at one of the biggest battery projects in Queensland, with construction to start next year.

The post Contractor signed up for early works at one of Queensland’s biggest battery projects appeared first on Renew Economy.

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MacroBusiness Tuesday, December 9, 2025 - 16:00 Source

All eyes on the RBA in its last meeting of the year today with a hawkish hold the expected outcome which gave the Aussie dollar a small boost but stocks didn’t like the result. Other Asian share markets are on the back foot due to a listless Wall Street as we head into the final

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, December 9, 2025 - 15:17 Source

Two renewable energy projects have taken important next steps forward this week in state's race to meet pledge to quit coal by the end of the decade.

The post State moves ahead on new wind farm and Indigenous-backed energy parks in race to quit coal appeared first on Renew Economy.

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Renew Economy Tuesday, December 9, 2025 - 14:52 Source

Gladstone coal power station Queensland small iStock-1462105369

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MacroBusiness Tuesday, December 9, 2025 - 14:40 Source

As expected, the Reserve Bank of Australia (RBA) has unanimously chosen to keep the official cash rate on hold at 3.60%. In its media release accompanying the decision, the RBA suggested that “temporary factors” are behind much of the recent rise in inflation, but also admitted that it is unsure of the extent: While inflation

The post RBA holds, cites signal versus noise appeared first on MacroBusiness.

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Your Democracy Tuesday, December 9, 2025 - 14:07 Source

European leaders have said "now is a critical moment" to ramp up support for Ukraine and put pressure on Russia to bring an end to the war.

Ukrainian President Volodymyr Zelensky met UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz in London on Monday to discuss the latest version of a peace plan, drafted between Ukrainian and US officials last week.

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MacroBusiness Tuesday, December 9, 2025 - 13:30 Source

From the Market Ear Two weeks of “agony” Two weeks ago, positioning was falling, HFs were net sellers, hedging was picking up, CTAs were cutting exposure, and Retail flow was fading. Shorts were working, and HF alpha held up. Now everything has flipped, buying has surged across cohorts, the 1-week change in JPM’s US Tactical

The post Sell Low, Buy High – And Ignore the Code Red? appeared first on MacroBusiness.

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Renew Economy Tuesday, December 9, 2025 - 13:19 Source

Federal Labor's Cheaper Home Batteries rebate needs urgent tweaks to its settings and eligibility criteria, peak industry body warns, to avoid a "boom-bust cycle."

The post Industry calls for urgent changes to Cheaper Home Batteries rebate, to avoid harmful “boom-bust cycle” appeared first on Renew Economy.

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Renew Economy Tuesday, December 9, 2025 - 13:15 Source

An article about wind droughts published on the front page of the Weekend Australian is not quite the "gotcha" moment author Chris Uhlmann claims.

The post What’s wrong with this chart? A short case study in graphical misinformation appeared first on Renew Economy.

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MacroBusiness Tuesday, December 9, 2025 - 12:30 Source

Financial markets are now tipping that the Reserve Bank of Australia (RBA) will deliver a 25 bp increase in the official cash rate in 2026, most likely in the second half of the year. This view is based on the acceleration of trimmed mean inflation, as well as recent solid domestic demand reported in the

The post Soft labour market keeps RBA in check appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 9, 2025 - 12:00 Source

Australia’s Treasurer of propaganda was back at it again, boasting on Twitter (X) that Labor has delivered a big rise in housing supply since being elected in mid-2022: The actual data on net dwelling additions (i.e., dwelling completions minus demolitions) from the Australian Bureau of Statistics (ABS) paints a far less rosy picture. It shows

The post Jim Chalmers puts lipstick on housing pig appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 9, 2025 - 11:30 Source

In recent weeks, various polls have revealed a Coalition, but more particularly a Liberal party well and truly entrenched in an existential crisis. In the history of Australian federal politics in the postwar era, a major party facing a disastrous defeat at the ballot box generally had time to lick its wounds and reflect on

The post A Barnaby Joyce shaped wrecking ball appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 9, 2025 - 11:00 Source

Treasurer Jim Chalmers has revealed that the federal government’s energy bill subsidies will not be extended next year. The $75 a quarter reduction for all households, which began in mid-2023 but was twice extended to alleviate cost-of-living pressures, will expire in December as scheduled. The bill subsidies have cost taxpayers almost $7 billion. “This was

The post No more hiding Australia’s energy pain appeared first on MacroBusiness.

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Renew Economy Tuesday, December 9, 2025 - 10:58 Source
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MacroBusiness Tuesday, December 9, 2025 - 10:30 Source

Of all the nations in the world, Australia has one of the strangest sets of geopolitical relationships. On one hand, Australia has been a key U.S. ally since the American entry into World War 2, with the key battles of the Coral Sea and Guadalcanal (Solomon Islands) fought to secure shipping lanes to Australia within

The post Australia’s silence on China’s aggressive stance toward Japan appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 9, 2025 - 10:00 Source

The AFR’s Luke Kinsella is the latest commentator to warn about Australian real wages, which have collapsed back to 2011 levels and face a painfully slow recovery amid sluggish productivity growth. Kinsella notes that ordinary Australians are struggling with higher costs for essentials like housing, food, and energy. As a result, rising living costs are

The post Australians face ‘lost decades’ of wage growth appeared first on MacroBusiness.

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Renew Economy Tuesday, December 9, 2025 - 09:33 Source
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MacroBusiness Tuesday, December 9, 2025 - 09:30 Source

It’s decision day at Martin Place as the Reserve Bank of Australia meets to pull or not to pull – that is the question – the interest rate level. This waiting has seen the Australian dollar lift out of its recent malaise and hit a new monthly high against USD: Of course this volatility always

The post Australian dollar girds for RBA decision appeared first on MacroBusiness.

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The Tally Room Tuesday, December 9, 2025 - 09:30 Source

A lot of people would love to know how the electoral map would change if the parliament was expanded.

We’ve already been able to get some idea of what might happen by looking back at the historical experience from the 1948-49 and 1983-84 expansions. But the political system has changed since 1984, as has the map.

So I wanted to try drawing my own map, attempting as best as I can to draw sensible boundaries that fit within population constraints, and then examine what those maps would mean.

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Renew Economy Tuesday, December 9, 2025 - 09:03 Source
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MacroBusiness Tuesday, December 9, 2025 - 09:00 Source

Overnight action on stock markets was muted given the selloff in bonds across most sovereign markets with Treasuries falling back following hawkish comments from all sides on inflationary pressures. It appears the Fed may soon adopt the cautiously hawkish approach going into 2026, even after a pre-Christmas rate cut, inline with other central banks which

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Tuesday, December 9, 2025 - 08:31 Source

After a dizzying year of global upheaval, this reflection looks back on writing as resistance – against war, media failure, imperial power and silence – and why truth-telling still matters heading into 2026.

 

Eugene Doyle

Writing as resistance in a year that refused to slow down

 

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