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The Australian Independent Media Network Thursday, December 12, 2019 - 18:30 Source

By RosemaryJ36   I had lunch with my younger son (in his early 50s!) today and, as nearly always, the issue of climate change came up. Getting other people’s perspective is important when you are concerned about a serious issue, and this conversation really proved that point. He alerted me to a physics Professor at University…

The post Richard Muller and the conversion of a climate change sceptic appeared first on The AIM Network.

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Renew Economy Thursday, December 12, 2019 - 17:01 Source

IEEFA report finds that with “modest” suite of EV incentives, the payback for rooftop, a home battery and an electric vehicle falls to just five years today, and zero by 2030.

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MacroBusiness Thursday, December 12, 2019 - 17:00 Source

A very mixed session across the region today as risk taking diverges as a result of a more accommodative Federal Reserve overnight which sent USD lower against all the major currencies, which affected the ASX200 the most. Concerns that Trump may do something to distract from his impeachment woes The Shanghai Composite dropped 0.3% to

The post Macro Afternoon appeared first on MacroBusiness.

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Club Troppo Thursday, December 12, 2019 - 16:56 Source

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Renew Economy Thursday, December 12, 2019 - 16:35 Source

New battery brand hits Australian market, with first commercial shipment of China-made Soluna lithium-ion energy storage products arriving in Victoria.

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MacroBusiness Thursday, December 12, 2019 - 15:09 Source

Vai The Advisor: Twenty-six additional lenders have been appointed to the initial panel of the government’s First Home Loan Deposit Scheme, including major bank, Commonwealth Bank. The National Housing Finance and Investment Corporation (NHFIC) has announced its full panel of lenders taking part in the federal government’s First Home Loan Deposit Scheme (FHLDS). Following on

The post Deluge of lenders offer tax-payer backed sub-prime mortgages appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 14:59 Source

Sungrow has announced that it reached a 100 GW shipment milestone.

The post Sungrow hits a 100GW inverter shipment milestone appeared first on RenewEconomy.

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The Australian Independent Media Network Thursday, December 12, 2019 - 14:54 Source

By Grumpy Geezer   2019 is coming to a flaming close swathed in smoke and ash, a suitable allegory for this past year in politics and a harbinger of our future. While the east coast burns, homes and lives are destroyed, wildlife is exterminated and entire ecosystems are endangered across an area the size of the…

The post 2019 Loogy Awards for Excellence in Feculence appeared first on The AIM Network.

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MacroBusiness Thursday, December 12, 2019 - 14:52 Source

In today’s webinar, hear from MB Fund’s Head of Investment Damien Klassen, Tim Fuller, as well as Economist and Hon. Prof. of the University College of London, Steve Keen as they cover “Dodging the Debt Disaster” Topics this week include credit creation and its limits, weighing up its pro’s and con’s, central banks reaching the

The post MB Fund Podcast: Dodging the Debt Disaster with Steve Keen appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 14:27 Source

accc electricity prices reforms sres solar rebatesNetwork owners were once seen as villains for over-charging on local networks, but they're pretty happy about building new links to capture wind and solar resources.

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MacroBusiness Thursday, December 12, 2019 - 14:20 Source

Via Michael Sainsbury at Crikey: Kevin Rudd, once a firm China sceptic, has become Australia’s first (former) prime minister to openly consort with the ruling Communist Party’s United Front Work Department (UFWD). The UFWD is responsible for spreading Chinese government interests in offshore nations — including Australia. UFWD groups are disguised with dull and prosaic

The post Kevin Rudd is the Manchurian candidate appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 14:00 Source

At the New Daily at least the Americans want to defend Australian freedom: The United States has suggested China is harassing members of the minority Uighur community in Australia. American ambassador to Australia Arthur Culvahouse said he was outraged by the levels of intimidation and argued there should be serious consequences. “What is happening, and

The post US Ambassador declares war on Chinese harrassment appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 14:00 Source

investors matt matthew kean NSW energy minister clean energy summit IGCC investors - optimisedNSW government breaks ranks with federal Coalition and responds to bushfires by agreeing to a 2030 target to reduce emissions by 35 per cent by 2035.

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The Australian Independent Media Network Thursday, December 12, 2019 - 14:00 Source

Political rottenness may be bottomless.  Consider the following description of a political aspirant for the White House, this person being from the Democratic Party. His “liabilities as a political candidate are so glaringly obvious that it’s easy to dismiss his presidential bid as a vanity project.” The author goes on to describe what can only…

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MacroBusiness Thursday, December 12, 2019 - 13:45 Source

Last weekend, CoreLogic released its preliminary auction clearance rates, which revealed the following results: Today, CoreLogic has released its final auction results, which reported a 3.4% decline in the final national auction clearance rate to 71.1% – well above the same weekend last year (41.0%) but below last week’s 73.6%: As you can see, Sydney’s

The post Final auction clearance rate holds above 70% appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 13:30 Source

During the peak of the last housing cycle in 2017, MB coined the phrase “shrinkflation” to describe the peculiar situation whereby housing prices rise strongly alongside crashing sales volumes. Australia’s housing market is experiencing another round of shrinkflation with dwelling values surging at the same time as turnover remains anaemic. The latest evidence comes from

The post Australia’s housing shrinkflation worsens appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 13:19 Source

Hydrogen fuel cell unsw science research 2 - optimisedAustralian scientists say a new green hydrogen production technique could slash costs by avoiding the need for expensive metals.

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Renew Economy Thursday, December 12, 2019 - 13:19 Source

scientists Hydrogen fuel cell unsw science research - optimisedAustralian scientists say a new green hydrogen production technique could slash costs by avoiding the need for expensive metals.

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MacroBusiness Thursday, December 12, 2019 - 13:15 Source

Via your burning PM today: “I’m a Sydneysider and I know how unusual it is to see that haze across my city, and I know how distressing that has been, particularly for young people, who wouldn’t have seen that before.” “And I can understand that is deeply unsettling to a lot of Australians, particularly those

The post ScoMo coughs lies from Sydney’s smoking climate crater appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 13:11 Source

greta thunberg climate change cop25 madrid loopholes - optimisedThunberg slams countries, like Australia, for using the COP25 climate talks to push for accounting loopholes instead of raising their climate ambition.

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Renew Economy Thursday, December 12, 2019 - 13:11 Source

greta thunberg climate change cop25 madrid loopholes - optimisedThunberg slams countries, like Australia, for using the COP25 climate talks to push for accounting loopholes instead of raising their climate ambition.

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MacroBusiness Thursday, December 12, 2019 - 13:00 Source

In the lead-up to the September 2017 general election, the New Zealand Labour Party launched a plan to reduce immigration by around a third in a bid to relieve chronic housing and infrastructure pressures (especially around Auckland): …in recent years our population has been growing rapidly as record numbers of migrants arrive here. This has

The post Migrant work visas surge under Jacinda Adern appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 12:49 Source

Via Reuters: U.S. President Donald Trump is expected to meet with top advisers on Thursday about planned Dec. 15 tariffs on nearly $160 billion in Chinese consumer goods, three sources familiar with the plans said. U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, and White House advisers Larry Kudlow and Peter Navarro will participate

The post Will Trump hike China tariffs this weekend? appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 12:40 Source

It’s raining mid-year Budget Updates with Victoria’s also released today: The general government sector operating surplus is estimated to be $618 million in 2019-20, with annual operating surpluses averaging $3.3 billion a year across the forward estimates. Compared with the 2019-20 Budget, the net result from transactions has been revised down by an average of

The post Property rebound lifts VIC stamp duty projections appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 12:23 Source

bushfire nsw queensland firefighter climate change - optimisedIf the grid valued environmental outcomes there wouldn't need to be so many different scenarios in AEMO's Integrated System Plan.

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MacroBusiness Thursday, December 12, 2019 - 12:20 Source

The Australian Bureau of Statistics (ABS) has released visitor arrivals and departures statistics for the month of October, which reveals that the number of permanent and long-term arrivals into Australia remains turbo-charged. In the year to October 2019, there were a record 844,240 permanent and long-term arrivals into Australia, up 2% from October 2018, and

The post Net migrant arrivals surge toward 300k appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 12:13 Source

Lake Bonney Tesla batteryInfigen Energy says Lake Bonney battery now in full operation, adding a third big battery to the South Australia grid.

The post Infigen says Lake Bonney battery now in full production appeared first on RenewEconomy.

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The Australian Independent Media Network Thursday, December 12, 2019 - 12:10 Source

GetUp! Media Release One third of the largest corporations in Australia paid $0 tax in 2017-18, stunning new data released by the Australian Tax Office reveals. This year’s data revealed 710 tax avoiding corporations had a combined total revenue of $458,632,686,428, and taxable incomes of $10,617,889,645.00. They include: Woodside Petroleum: $0 tax on $6.3 billion…

The post 710 corporations paid $0 tax on almost half a trillion revenue appeared first on The AIM Network.

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MacroBusiness Thursday, December 12, 2019 - 12:00 Source

The new AEMO Integrated Energy Plan makes for facinating reading: The objective of an ISP is to minimise long-term total system costs, thereby maximising benefits in the interest of consumers, while meeting the NEM’s reliability, security and emissions expectations. We have set out in Part B our modelling approach to determine a least-regret development path

The post AEMO bets big on energy storage to save Australia appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 11:40 Source

Ironically from by the AFR, kernel of evil for business parasitism, comes Productivity Commissioner Michael Brennan: Productivity Commissioner Michael Brennan says destructive rent seeking and a lack of entrepreneurship by business has stalled productivity and wage growth and that trying to fix the issue won’t be helped by reform nostalgia or economic pessimism. While business

The post How Kevin Rudd destroyed the Australian economy appeared first on MacroBusiness.

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