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Your Democracy
Tuesday, July 7, 2020 - 16:53
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Australia’s new wattle logo is a design, storytelling and timing failure Last week, Australia's new logo was revealed: a golden wattle flower that many were quick to point out bears an uncanny resemblance to COVID-19. As Ash Ivory argues, it wasn't just a design failure, but also a failure to communicate the story behind the logo, and time its launch correctly.
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MacroBusiness
Tuesday, July 7, 2020 - 16:30
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Sentiment swung back to hesitation this afternoon here in Asia with most bourses reversing course from its sharp rise to the start of the trading week, led by dual breakouts of coronavirus – both Tokyo and Victoria. The euphoria over the surge in Chinese shares is wearing off with US and Euro futures looking down The post Macro Afternoon appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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The Australian Independent Media Network
Tuesday, July 7, 2020 - 16:14
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If the COVID-19 pandemic has revealed one thing, it is the total inadequacy of the Australian Constitution. Like most people, I know a little about a lot of things and am slightly better informed than many in a few areas, while really expert in none! So I beg your tolerance for my presumption in writing… The post Constitutional Failure appeared first on The AIM Network. |
MacroBusiness
Tuesday, July 7, 2020 - 15:32
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Manchurian Dan Andrews has just given a press conference where he has re-introduced a stage 3 “stay at home” order to lock down Melbourne for six weeks from midnight Wednesday. School holidays have been extended for a week. Then senior school students will be permitted to go back to school, as will special school students. The post “Unsustainably high” COVID-19 infections shut Melbourne appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Renew Economy
Tuesday, July 7, 2020 - 15:28
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Renew Economy
Tuesday, July 7, 2020 - 15:22
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George Monbiot
Tuesday, July 7, 2020 - 15:01
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Are Trump and Johnson paving the way for fascism, or for something different, but just as bad? By George The anger |
John Quiggin
Tuesday, July 7, 2020 - 14:32
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Now that the World Health Organization has finally endorsed a recommendation for wearing masks in public, it’s time for Australia to do the same. The most important case is that of public transport including air travel. Urban public transport is vital, but until we take the necessary steps on masks, we will be stuck with recommendations to avoid peak hour travel, guaranteeing a return to private cars and congestions |
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MacroBusiness
Tuesday, July 7, 2020 - 14:30
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by Chris Becker At its latest meeting the Reserve Bank has held its cash rate at the record 0.25% low. More to come… Reserve Bank Board Meeting – Monetary Policy Decision The post RBA holds for July appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, July 7, 2020 - 14:00
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New research from the Australian National University (ANU) reveals a 50% increase in the number of people who are unemployed but not actively looking for work, from 5% in February to 7.6% in May. The ANU report was based on a survey by the Centre for Social Research and Methods, and report co-author Nicholas Biddle The post Hidden unemployment surges as Aussies give up looking for work appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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The Australian Independent Media Network
Tuesday, July 7, 2020 - 13:48
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The state of Victoria is being sealed off from the rest of Australia. On Tuesday, at 11.59pm, the border with New South Wales will be shut with publicised resoluteness. It is happening at the insistence of politicians across the country with a panicked urge. On the way are reminders about the miracle that was federation… The post The Coronavirus Seal: Victoria’s Borders Close appeared first on The AIM Network. |
Renew Economy
Tuesday, July 7, 2020 - 13:47
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Renew Economy
Tuesday, July 7, 2020 - 13:45
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MacroBusiness
Tuesday, July 7, 2020 - 13:40
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New Zealand Prime Minister, Jacinda Adern, has opened the door for a trans-Tasman travel ‘bubble’ between Australia (ex-Victoria) and New Zealand by September: New Zealand Prime Minister Jacinda Ardern has reiterated that the billion-dollar tourism trade trans-Tasman bubble could go ahead in September with “safe” Australian states such as Queensland… Travel industry veteran and co-chair The post Jacinda Adern opens door to Trans-Tasman travel bubble appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Tuesday, July 7, 2020 - 13:20
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Despite record unemployment, bosses in the hospitality industry claims they are struggling to fill vacant positions, often having no applicants for advertised jobs. According to the above interview, the hospitality industry is highly reliant on temporary migrant labour and as many of 200,000 of these workers have left Australia due to COVID-19. This has left The post Hospitality industry cries “skills shortage” appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, July 7, 2020 - 13:06
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Victoria has posted a record 191 new cases of COVID-19, a big increase on yesterday’s record daily increase of 127. As shown in the next chart, new infections have blown past March’s peak and are growing exponentially: The situation is actually much worse, given March’s cases were imported whereas today’s cases are primarily from community The post Lockdowns loom as Victoria’s COVID-19 infections explode appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Renew Economy
Tuesday, July 7, 2020 - 12:51
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Renew Economy
Tuesday, July 7, 2020 - 12:45
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MacroBusiness
Tuesday, July 7, 2020 - 12:40
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by Chris Becker Leading into the afternoon session, Aussie stocks are going nowhere, unable to move higher despite another big surge in mainland Chinese issues and the lift from Wall Street overnight, as traders remain cautious going into today’s RBA meeting (2.30pm AEST): The Shanghai Composite has gapped nearly 2% higher at the open almost The post ASX falters and Chinese stocks continue to climb appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Tuesday, July 7, 2020 - 12:37
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MacroBusiness
Tuesday, July 7, 2020 - 12:20
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The Australian Industry Group (AIG) today released its Performance of Services Index (PSI), which shows that Australia’s services sector is dead as a dodo: According to AIG, the PSI fell “0.1 points to 31.5 points in June 2020 (seasonally adjusted), indicating another serious contraction in activity in June and at a similar pace to May. The post Australia’s services economy dies appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, July 7, 2020 - 12:00
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Abul Rizvi – former Deputy Secretary of the Department of Immigration and one of the architects of Australia’s faux ‘skilled’ migration program – has again warned that Australia won’t meet its lofty net migration targets for a decade: Even before the coronavirus hit, net migration was lower than government forecasts. In the 2019 budget, the The post Abul Rizvi: Australia won’t meet immigration forecasts for a decade appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Tuesday, July 7, 2020 - 11:40
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The number of people who visit Melbourne’s CBD to work or to go shopping has fallen sharply in the wake of the coronavirus pandemic. New figures show that the number of people who visit the CBD each day has fallen as low as 50,000 in recent months, compared with one million prior to the pandemic. The post Melbourne’s CBD is in crisis appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, July 7, 2020 - 11:00
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by Chris Becker The COVID-19 pandemic seemed to be the last blow for the beleaguered Pacific Peso, dropping fast alongside other risk assets like stocks from 70 cents to 55 cents: But it has now fully “recovered” with an equally remarkable rally, now stabilising around the 69 handle against USD, while its cousin, the Kiwi The post Australian dollar going back to 80 cents? appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Tuesday, July 7, 2020 - 10:40
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Adam Creighton has penned another thought provoking article questioning Australia’s compulsory superannuation system, which he claims has turned “rotten” and needs major overhaul: I remember where I was a decade ago when I read the section of the Henry tax review that dealt with retirement income policy. It was a shock. “An increase in the The post “Rotten” superannuation system needs major overhaul appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
The Australian Independent Media Network
Tuesday, July 7, 2020 - 10:33
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By William Olson As if the recent budget cuts to the ABC weren’t bad enough – and cuts which the Morrison government denies are actually cuts at all – now comes word that a permanent abolishment of requirements for local content across Australian television and streaming services is in the works. And the decision by… The post Cuts to local content threaten Australian TV and culture appeared first on The AIM Network. |
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MacroBusiness
Tuesday, July 7, 2020 - 10:20
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In early March, panic buying gripped the nation with shoppers stockpiling staples like toilet paper, tissues, rice, flour, canned goods, bottled water, and hand sanitiser. Store shelves were stripped bare creating acute shortages of goods and forcing supermarkets to place hard limits on the number of items that could be purchased across a wide variety The post History repeats as virus panic strips shops bare appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, July 7, 2020 - 09:50
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According to Alan Kohler, the requirement that diners occupy four square metres each under current regulations in Sydney and Melbourne, alongside average rents for restaurants in those cities costing $3,000 a year per square metre, means that restaurant-goers would need to spend $300 a head for the average restaurant to break even. This suggests that The post Brace for mass restaurant closures appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Tuesday, July 7, 2020 - 09:30
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The Australian Prudential Regulatory Authority’s (APRA) weekly update on the Morrison Government’s early superannuation release policy reveals that another $991 million was pulled from Australia’s superannuation pool, raising total withdrawals to $18.1 billion: As you can see, 2.4 million applications for early release have been paid averaging $7,698 per withdrawal. Looking at the breakdown, you The post Early superannuation withdrawals hit $18 billion appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, July 7, 2020 - 09:00
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by Chris Becker Well, if you open up your economy again – and damn the COVID-19 torpedoes – you’re going to get a recovery, and that’s what the June non-manufacturing ISM print showed overnight, providing yet another catalyst for US stocks to head higher. The texture from ISM: The ISM Non-Manufacturing Report on Business PMI The post US services ISM boosted to recovery levels appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Western Power to pilot new energy management platform for 'flexibility services', boosting renewables penetration and supporting network strength.
Six Tesla Megapacks with 15MWh combined capacity installed on UK grid in JV between Fotowatio Renewable Ventures and British renewables developer Harmony Energy.
ASX-listed ClearVue inks deal to have its solar glass units integrated with the ultra-energy-efficient building component system of leading US construction materials company.
Iberdrola receives clearance from the Foreign Investment Review Board, and board endorsement, for takeover of the ASX-listed Infigen Energy.
Tesla turns 10 as a listed company, and becomes the most value car company in the world as investors dial in the end of the ICE age for Big Oil and Big Auto.
State policies boost confidence in clean energy sector to highest levels, despite Covid-19 disruptions and lacklustre federal energy policy.
A map of existing generation plants in South Australia, including wind, solar, gas and battery storage. But no coal or hydro.