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Left Focus Wednesday, August 23, 2017 - 17:52 Source

150th Anniversary Of Marx's Das Kapital ; Questions and Answers Event ; New International Bookshop Melbourne, September 7th. Please come along and show your interest and support. I will be there as an ALP Left activist who draws deeply from Marx and Marxism.

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MacroBusiness Wednesday, August 23, 2017 - 17:07 Source

by Chris Becker What was supposed to be a risk-on day was spoiled somewhat by a Trump speech which included equal amounts of rhetoric and “I can’t believe he just said that”, sending the USD higher on concerns about trade. Some Chinese markets were closed due to a typhoon while the ASX200 was the worst

The post Macro Afternoon appeared first on MacroBusiness.

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Cheeseburger Gothic Wednesday, August 23, 2017 - 15:31 Source

Because nobody else was brave eough to tell the truth about cannibal sea lice. In less than one week. With no editing. Or cover artist.

Available where all good books are sold, even though, you know, it really shouldn't be.

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Renew Economy Wednesday, August 23, 2017 - 14:40 Source

Coordinated by environmental finance group Market Forces, shareholders in Origin Energy have filed a series of resolutions with the oil and gas major.

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MacroBusiness Wednesday, August 23, 2017 - 14:09 Source

by Chris Becker The always fun to read Tom Price from Morgan Stanley asks the question as commodities put in some great market performance as the USD (measured by the DXY dollar index) goes down the golden toilet: The technical reasons are all very similar, with copper here illustrative of a bullish rectangle pattern that

The post Go commodities, but why? appeared first on MacroBusiness.

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Inside Story Wednesday, August 23, 2017 - 13:58 Source

Talk to people in Indigenous new media and you’ll probably hear the story of a $200 online survey that realigned the debate about the constitutional recognition of First Nations people in Australia. At first blush, it’s a tale about a niche Indigenous-led media outlet that distinguished itself sharply from a multimillion-dollar, government-sponsored publicity campaign. And it has a happy ending, because the community it represents went on to validate its work. Go deeper, and it’s also the story of potentially deeper shifts.

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The Australian Independent Media Network Wednesday, August 23, 2017 - 13:35 Source

The story continues with dispiriting relentlessness. The remark by Samuel Beckett in The Unnamable comes to mind: “I can’t go on.  I’ll go on.” With the sense of incapacity about going on, yet doing so with a drone’s dedicated commitment, President Donald Trump did what US Presidents have done since George W. Bush: commit. Commit,…

The post The Long, Long Story: “Principled Realism”, Trump and Afghanistan appeared first on The AIM Network.

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Renew Economy Wednesday, August 23, 2017 - 13:32 Source

Murdoch media's "Monkey's uncle" thinks solar towers and storage are intermittent. But its performance during eclipse shows otherwise.

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MacroBusiness Wednesday, August 23, 2017 - 13:00 Source

A slow news day always throws up the loons. From Crikey’s Bernard Keane: There are many things to accuse the big banks of. But pushing Australians into buying residential property isn’t exactly up there in the long list of their sins, despite last night’s Four Corners expose of the “powder keg” that apparently is the Australian property market. Such

The post Crikey: There is no property bubble appeared first on MacroBusiness.

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Renew Economy Wednesday, August 23, 2017 - 12:54 Source

CEFC extends $90m corporate loan to Cleanaway, its first major transaction with a leading Australian waste management company.

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Prosper Australia Wednesday, August 23, 2017 - 12:50 Source

What’s the problem? Class struggle? Population? Debt? Bank nationalisation? Something else? ‘Something else’ is more important than each of the others, but we always say it’s “too hard and will never happen!” And so we continue to plod along in an economic slough of despond, blaming this government or that government, for not taking this […]

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Renew Economy Wednesday, August 23, 2017 - 12:48 Source

Forecasts for solar PV installations in China for 2017 rise to 40-45 GW.

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Renew Economy Wednesday, August 23, 2017 - 12:47 Source

Nissan says its next-gen model LEAF – still the world's most sold all-electric vehicle – will be unveiled September 9.

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MacroBusiness Wednesday, August 23, 2017 - 12:24 Source

No Wall St rally for you! XJO is kidding: As Dalian crashes: Big Iron is off: Big Gas looks strong. If you don’t mind stealing from pensioners then the charts look constructive: Big Gold is firm too but I’m definitely a seller on the notion that Trump has bottomed: Big Bubble is getting hosed as

The post Terror Bank, iron ore sink ASX appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, August 23, 2017 - 12:00 Source

By Dr George Venturini Heinz Alfred ‘Henry’ Kissinger obtained a Ph.D. at Harvard University in 1954. His interest was on Castelreagh and Metternich – two empire builders. He devoted his life to sublimate them. In an incendiary, studiedly defamatory book the late Christopher Hitchens described him as “a mediocre and opportunist academic [intent on] becoming…

The post Another ‘dirty war’ appeared first on The AIM Network.

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MacroBusiness Wednesday, August 23, 2017 - 12:00 Source

From Rob Burgess: Former electronics entrepreneur Dick Smith launched another anti-immigration campaign this week, claiming to be tackling a vital issue that the media is wilfully ignoring. However, by approaching the topic with the same oversimplifications contained in his 2010 documentary Dick Smith’s Population Puzzle, Mr Smith is introducing further risk to our vulnerable economy. That

The post Immigration booster, Burgess, loses it at Dick Smith appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 23, 2017 - 11:09 Source

Still thoroughly luke warm:

The post DEEWR jobs ads firm a little appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 23, 2017 - 10:59 Source

From Domainfax: The Commonwealth Bank faces a potential investor class action over its disclosure of more than 53,000 alleged breaches of anti-money laundering laws, following a sharp fall in its share price when the scandal emerged earlier this month. Plaintiff law firm Maurice Blackburn and litigation funder IMF Bentham on Tuesday said it would investigate a potential class action on behalf of CBA shareholders, citing the

The post And now for a Terror Bank class action appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 23, 2017 - 10:41 Source

Via Paul Kelly today: The symbolism of inequality is the new fashion in our politics. What better illustrates inequality than the low level of Newstart payments, long denounced by all and sundry? Yet when the test came, the proposal to increase Newstart was repudiated 45-11 in a Senate vote 10 days ago. What is going

The post Sucks to be unemployed in the Lucky Country appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 23, 2017 - 10:23 Source

by Chris Becker First world problems in a nutshell. You have to drawdown some of your savings for the very first time – a meager $11USD billion or so from your near $1 trillion sovereign wealth fund (SWF)  – because lower commodity prices are taking big slugs out of your budget. And then, and then

The post Norway’s SWF does its job appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 23, 2017 - 10:20 Source

Via Credit Suisse comes confirmation of what we’re seeing RMBS for household credit stress: ■ Mortgage & card past-due ratios and mortgage impaireds ratios rose in the latest quarter, with loss rates stable in mortgages but rising in cards. Whilst acknowledging seasonality, a slowing Western Australian economy, and residual impacts of Cyclone Debbie, mortgage past-due

The post Household credit stress rises appeared first on MacroBusiness.

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Renew Economy Wednesday, August 23, 2017 - 10:12 Source

Solar on U.S. homes and businesses will grow 10% a year, displacing $2 billion of grid-based power by 2025. But Australia leads the way.

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MacroBusiness Wednesday, August 23, 2017 - 09:45 Source

First, the “buy” from Deutsche: New strategy and targets should result in significant re-rate BHP has reported a strong FY17 result with close to record FCF of US$12.6b driving net debt down to US$16.3b. Earnings were below our estimate on higher net interest. A revamped strategy with measurable targets was outlined which we applaud. BHP

The post Four takes on BHP appeared first on MacroBusiness.

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Renew Economy Wednesday, August 23, 2017 - 09:31 Source

Andrews government unveils first of renewable energy auctions – for 650MW of wind and solar – and announces two new big solar farms, the 100MW Bannerton Solar Park near Robinvale in the Sunraysia district, and the 38MW Numurkah Solar Farm near Shepparton.

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Renew Economy Wednesday, August 23, 2017 - 09:31 Source

Andrews government unveils first of renewable energy auctions – for 650MW of wind and solar – and announces two new big solar farms, the 100MW Bannerton Solar Park near Robinvale in the Sunraysia district, and the 38MW Numurkah Solar Farm near Shepparton.

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MacroBusiness Wednesday, August 23, 2017 - 09:12 Source

Macquarie’s excellent monthly steel mill sentiment survey leaves no room for doubt. Chinese steel is in a full blown boom:  Sentiment among players in the steel and iron ore industries remains very bullish this month, particularly on the steel side. The market is holding a positive outlook on steel prices based on the expectation

The post Chinese steel in full blown boom appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 23, 2017 - 09:00 Source

By Chris Becker   Risk on as tensions ease both in the US and Korea’s, with the Trump administrations embiggened war in Afghanistan plus hope for a tax reform legislative agenda help prop up US stocks. The USD lifted alongside, sending a few major currencies down, including safe havens like Yen would should translate into

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Wednesday, August 23, 2017 - 08:25 Source

Last week, it was claimed EV's are responsible for more global warming emissions than petrol cars, suggesting Tesla isn’t a ‘green’ company.

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Renew Economy Wednesday, August 23, 2017 - 07:55 Source

ARENA funds 30MW battery to be built in South Australia to help grid security, and be the first of a series of renewable-based mini-grids to keep the lights on.

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The Australian Independent Media Network Wednesday, August 23, 2017 - 05:49 Source

Wednesday 23 August 2017 Please don’t assume by the title of this piece that I am disagreeing with a women by the name of Grace or that it is the title of one of my short stories. On the contrary, it is about disagreement and the grace one shows (or should show) when we have…

The post Day to Day Politics: Disagreeing with grace. appeared first on The AIM Network.

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