'Watershed moment': Big battery storage prices hit record low in huge China auction
Giles Parkinson

'Watershed moment': Big battery storage prices hit record low in huge China auction

The price for big battery storage modules have hit a record low in the latest giant auction in China, where more than 70 bidders competed for 25 gigawatt hours of capacity in what is being described as a “watershed moment” for the industry.

Recent articles in Economy

How spending more on defence harms the nation
Brian Toohey

Australia in Our Region

How spending more on defence harms the nation

Anthony Albanese is taking a battering from ill-informed commentators for thinking Australia can be defended by spending a little over 2% of GDP on its military forces.

Southeast Asia needs to ramp up its trade links with Europe
Ken Heydon

Southeast Asia needs to ramp up its trade links with Europe

Southeast Asia faces rising US tariffs and pressure to limit Chinese links, prompting a search for stronger European trade ties. While Europe offers promising opportunities, ASEAN must navigate complex bilateral deals that may risk regional cohesion. Closer EU ties can diversify markets and investments, but will not replace China’s role in supply chains. To fully benefit, Southeast Asian nations must drive domestic reforms, enhancing resilience and inclusive growth amid global trade uncertainties.

Australia’s decision-makers are ignoring climate, hailing coal and impersonating Elvis
Giles Parkinson

Australia’s decision-makers are ignoring climate, hailing coal and impersonating Elvis

You could barely believe that there is a climate crisis going on. In the same week that climate scientists suggested the world will exhaust its remaining carbon budget within two years, carbon bombs are being set off left, right and centre, or allowed through regulatory hurdles on the promise of buying dodgy offsets.

The superannuation system matures at 12% of wages
Paul Keating

The superannuation system matures at 12% of wages

Tomorrow, thirty-four years after I nominated a 12% wage equivalent as the appropriate level of compulsory contribution into superannuation, the system finally matures.

Murdoch’s News Corp has moved into the mortgage business. Where are the regulators?
Roberta Esbitt

Murdoch’s News Corp has moved into the mortgage business. Where are the regulators?

If you want to advertise a house online in Australia, you don’t have many options. Just two companies dominate the market.

Japan’s economic security strategy looks beyond the United States
Silvia Menegazzi

Japan’s economic security strategy looks beyond the United States

In the face of increasingly uncertain global economic headwinds, Japan is redefining its economic security strategy.

Australian CEOs are still getting their bonuses. Performance doesn’t seem to matter so much
Richard Denniss

Australian CEOs are still getting their bonuses. Performance doesn’t seem to matter so much

Almost all of Australia’s top chief executives are, according to their boards at least, knocking it out of the park in terms of performance.

'It changes everything': Plunging costs of PV and batteries mean 24-hour solar a growing reality
Giles Parkinson

'It changes everything': Plunging costs of PV and batteries mean 24-hour solar a growing reality

The plunging cost of solar PV and battery storage has opened up a new frontier in the transition to green energy, according to a new report, with cities and industries around the world now able to access low-cost, 24-hour solar generation.

Is there any hope for a fairer carve-up of GST between the states?
Saul Eslake

Is there any hope for a fairer carve-up of GST between the states?

When the Western Australian Government handed down its state budget on Thursday, it showed a balance sheet solidly in the black with a $2.5 billion surplus. But, as it has for seven years, the state has received an outsized boost to its coffers from the federal government.

Chalmers hints at more tax reform – What should we do first? Part 2
Saul Eslake

Chalmers hints at more tax reform – What should we do first? Part 2

In the second of a two-part series Saul Eslake looks at what the top priorities for tax reform should be.

The unravelling of American exceptionalism: The inevitable decay of hegemony built on crassness - Part 1
Chandran Nair

The unravelling of American exceptionalism: The inevitable decay of hegemony built on crassness - Part 1

In early May 2025, as Roman Catholic Cardinals gathered to pick the next Pope, US President Donald Trump posted an AI-generated image of him as the Pope shortly after saying, “I would like to be Pope.”

Start at the bottom to build housing
Adrian Pisarski

Start at the bottom to build housing

Starting at the bottom is the way to rebalance Australia’s housing system.



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