Houses and Holes

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of <i>The Great Crash of 2008</i> with Ross Garnaut and was the editor of the second <i>Garnaut Climate Change Review</i>.

Cockroach squashed as Pilbara killer booms

It’s farewell to a radiant world, reports Bloomie.

Aussie houses and households terminated

Data centre capex is driving the private business investment outlook mad.

The Market Ear examines the history of midterms.

Will the Fed join the war?

War headlines today.

Data centre power peace breaks out, but will you pay?

A peace deal has broken out in Australia’s conflict over power for data centres. The Albanese government has reached a settlement with Queensland and the Northern Territory on regulations governing the rapidly growing data centre industry, allowing both jurisdictions to use gas (and coal, though that won’t happen behind the metre).

TME asks the question.

Major bank: Interest rate hike in November or earlier

The bank is Goldman Sachs, and it is hard to argue against. The bank notes that the headline monthly CPI rose 1.0% month over month, with year-over-year growth dropping 30 basis points to 3.5% yoy, above both our and market estimates (GSe: +3.1% yoy; BBG: +3.3% yoy).

Iran’s new weapon is global starvation

News on the war is benign.

Gold outruns itself

TME with the charts.

$40bn Snowy Hydro 2.0 to never finish?

Australia’s worst-kept secret is out. The energy transition is meaningfully behind. At the current build rate, we will hit about 75% renewables by 2030, versus the planned 82%, a shortfall of roughly 8 GW of wind and solar (mostly the former).

Advertisement