Blogotariat

Oz Blog News Commentary
MacroBusiness Wednesday, March 29, 2017 - 17:30 Source

by Chris Becker Asian markets were generally positive today after last nights solid lead from Wall Street. Oil was the only commodity to put on any meaningful gains while the USD continued to gain strength against the majors. The Shanghai Composite is putting in a scratch session coming back after the long lunch break dead still at

The post Macro Afternoon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 16
Harrangue Man Wednesday, March 29, 2017 - 16:17 Source

Trump did a bunch of executive action bizness for bizness to stand against climate change realist bullies who have hurt the miners. He held his "let's kill the air!" celebration at the EPA.This is my fave part:“We’re going to have clean coal. Really clean coal,” Trump added. “Together we will create millions of good American jobs, also so many energy jobs, and really lead to unbelievable prosperity.”Millions of jobs ...

Read more Views: 13
Renew Economy Wednesday, March 29, 2017 - 15:21 Source

Operating at just 8% of its former 1600MW capacity, Hazelwood is just hours away from being consigned to the dust-bin of energy history.

Read more Views: 13
Renew Economy Wednesday, March 29, 2017 - 15:21 Source

Operating at just 8% of its former 1600MW capacity, Hazelwood is just hours away from being consigned to the dust-bin of energy history.

Read more Views: 11
Renew Economy Wednesday, March 29, 2017 - 14:55 Source

Reposit Power says home battery storage the key to Australia's energy security puzzle, not grid-scale applications.

Read more Views: 14
MacroBusiness Wednesday, March 29, 2017 - 14:42 Source

Dalian is struggling again. Pointedly so when one considers the risk of coking coal disruptions: Big Iron is hanging on: Big Gas is up with oil, stupidly: Big Gold is down with gold sensibly: Big Debt is flying: The rate hikes appear to have triggered a dash for trash, from Brain Wilson at CLSA: While

The post Mad dash for banks as Big Iron buckles appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Wednesday, March 29, 2017 - 14:26 Source

No hiding it now, via the AFR: A marketer is offering discounts of up to 39 per cent on apartments in a newly-completed residential development in a sign that Brisbane’s apartment oversupply may be biting. Two-bedroom apartments in The Hudson development on Albion Mill marked down from $805,000 to $490,000, three-bedroom penthouses cut from $1.2

The post Brisbane apartments have their Lehman moment appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 51
Renew Economy Wednesday, March 29, 2017 - 14:14 Source

CEFC today congratulated the Commonwealth Bank of Australia on the successful issuance of its first climate bond, a $650 million transaction linked to a broad portfolio of clean energy assets.

Read more Views: 14
MacroBusiness Wednesday, March 29, 2017 - 14:13 Source

By Leith van Onselen Professor John Taylor, who created the Taylor Rule for determining monetary policy, has awarded the RBA the equivalent of a ‘gold star’ for its management of the economy over the past 25 years. From The AFR: [Taylor] delivered the praise for the RBA at a conference in Hong Kong. In response

The post RBA not deserving of “gold star” award appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15
Renew Economy Wednesday, March 29, 2017 - 14:03 Source

Senate motion pushing for change of settlement periods to 5 minutes passed unanimously, while South Australia open to variations of battery storage tender.

Read more Views: 16
Renew Economy Wednesday, March 29, 2017 - 13:52 Source

Investors are keen for renewables, a phenomenon that is freshly apparent in Japan’s continuing momentum across both domestic and overseas activity.

Read more Views: 13
Renew Economy Wednesday, March 29, 2017 - 13:48 Source

Upsolar Opens a New Sales Branch in Sydney to Expand its Smart Grid Technology with Regalgrid Europe s.r.l.

Read more Views: 18
MacroBusiness Wednesday, March 29, 2017 - 13:44 Source

LF Economics’ co-founder, Lindsay David, appeared on Switzer today to discuss Australia’s housing bubble (watch video here). On the segment, Lindsay David notes multiple evidence of a housing bubble, most notably “Australian house prices have risen in real terms by 131%, whereas real wages have risen by 38%… and real rents have only increased by

The post Switzer does the housing bubble appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 18
Renew Economy Wednesday, March 29, 2017 - 13:38 Source

Musk's new medical research company will explore how to physically interface computers and the human brain.

Read more Views: 13
Renew Economy Wednesday, March 29, 2017 - 13:34 Source

Mothballed Pelican Point power station fires up again after Origin agrees to sell it some gas and take its output, possibly giving opening to solar thermal.

Read more Views: 11
MacroBusiness Wednesday, March 29, 2017 - 12:55 Source

Cross-posted from Independent Australia: We need to recognise Australia’s very limited human carrying capacity before it’s too late, writes Sue Arnold. THE AUSTRALIAN‘S Greg Sheridan writes that, as a nation, we would be better off with 40 million people ‘rather than 28 million elderly people’, who apparently ensure a declining economy. No surprises there. The 2016 State

The post Carrying capacity is central to the immigration debate appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 11
Renew Economy Wednesday, March 29, 2017 - 12:13 Source

It’s so egregious, it no longer really matters if he doesn’t formally opt out of the Paris climate deal.

Read more Views: 16
MacroBusiness Wednesday, March 29, 2017 - 12:09 Source

By Leith van Onselen The ABS has released engineering construction data for the December quarter of 2016, which revealed a 2.1% seasonally adjusted fall in the value of work done over the quarter, a 18.1% fall over the year, and an ongoing reduction in the construction pipeline. According to the ABS, private sector engineering construction

The post WA feels wrath of falling mining investment appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
Popular Science Wednesday, March 29, 2017 - 11:38 Source

Imagine you're at a beach, standing near the dunes and looking out on a peaceful sea. The dry sand squishes through your toes, and you decide to build a sandcastle near the shore, without using any liquid to bind the grains together. A few weeks later, you wander back the same way, and your sandcastle is still there.

Read more Views: 17
Popular Science Wednesday, March 29, 2017 - 11:38 Source

Spinach could be good for your heart in more ways than one. It's packed with fiber, vitamin A, and the branching vasculature necessary for cells to absorb nutrients.

Read more Views: 14
Popular Science Wednesday, March 29, 2017 - 11:38 Source

Cherries grow on trees, strawberries on vines, but how do cashews grow? Thanks to our current food system, we can get crops from almost anywhere in the world—vanilla from Madagascar, bananas from Ecuador. Of course, the downside of receiving produce from far-off lands is that we can't exactly run into the fields to see how they're grown. For many, the manner in which fruits and veggies emerge from the earth can be something of a mystery. Here are some of the more unexpected ways plants propagate before they make their way into our meals:

Read more Views: 14
Popular Science Wednesday, March 29, 2017 - 11:38 Source

In 2024 the clock will run out on the International Space Station. Maybe. That's the arbitrary deadline that Congress imposed back in 2014, at which point they'll have to decide whether or not to keep funding the ISS. And yeah, that's a whole seven years away. But then again...it's only seven years away.

Read more Views: 14
The Australian Independent Media Network Wednesday, March 29, 2017 - 11:32 Source

Addressing the National Press Club two months ago about proposed reforms to the reporting of politicians’ expenses (which have not happened yet), Malcolm Turnbull said “These reforms speak to the heart of Liberal values – transparency, accountability and integrity.” You gotta be kidding me. The following are just a few examples of their “transparency, accountability…

The post Transparency, accountability and integrity are nice words appeared first on The AIM Network.

Read more Views: 14
MacroBusiness Wednesday, March 29, 2017 - 11:20 Source

From the Herald Sun today: VIRAT Kohli has saved his biggest disgrace for last as he pushed India’s victorious captain off centre stage and bitterly declared his ‘friendship’ with Australian players dead forever. Despite being injured, Kohli donned the whites as soon as champagne corks were popping and in an extraordinary display of selfishness strode

The post I come in praise of Virat Kohli appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Wednesday, March 29, 2017 - 10:55 Source

By Leith van Onselen The IMF has released a new working paper entitled “Excessive Private Sector Leverage and Its Drivers: Evidence from Advanced Economies”, which provides a quantitative assessment of the gaps between actual and sustainable levels of debt and identifies the key factors that drive excessive borrowing. Below are some key extracts: High private

The post IMF on why high household debt is a problem appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Wednesday, March 29, 2017 - 10:43 Source

From Citi:  Will OPEC (and non-OPEC producers) extend their production cut? For now, the group says it will continue to observe market conditions and meet again in late April; Citi expects group coherence to ultimately prevail, and production cuts (as needed to support prices) to be extended in 2H’17 (see Energy Weekly, 21 March

The post Is global oil rebalancing? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Wednesday, March 29, 2017 - 10:33 Source

By Leith van Onselen New Zealand’s Productivity Commission (PC) has released a new report entitled “Urban planning – moving beyond the wheel spin”, which examines the current urban planning system in New Zealand and provides recommendations for a better-performing system. Unfortunately, I am not able to download the full PDF report, so instead I have

The post Productivity Commission slams Auckland’s failed housing system appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 11
MacroBusiness Wednesday, March 29, 2017 - 10:18 Source

Via Reuters: President Donald Trump on Tuesday signed an order to undo Obama-era climate change regulations, keeping a campaign promise to support the coal industry and calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners and coal company executives, Trump proclaimed his “Energy Independence” executive order at

The post As Trump ends the “war on coal”, will it rebound? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 11
MacroBusiness Wednesday, March 29, 2017 - 09:51 Source

GMO / James Montier hit on a lot of the themes near to my heart with a recent piece on secular stagnation and the rise of populism: The rise of populism has been one of the broad themes to emerge over the last few years. This has left many within the establishment scratching their heads

The post GMO on the causes of secular stagnation appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 19
MacroBusiness Wednesday, March 29, 2017 - 09:41 Source

By Chris Becker   Here comes the rebound with US stocks out of the gate and reaching higher overnight as domestic consumer confidence reached a new high, sending a selloff in Treasuries and a rally in USD. This will provide a good tailwind for Japanese stocks in Asia’s session today. Looking at what happened locally

The post Macro Morning appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 12

Pages