Blogotariat

By Leith van Onselen Australia has again taken the silver medal for having the world’s second most indebted households according to the latest data from the Bank for International Settlements (BIS). The next table shows the ratios of household debt to GDP as at the March quarter of 2017. As you can see, Switzerland (129%)

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By Leith van Onselen The Australia Institute’s chief economist, Richard Denniss, has posted his second The Lucky Country podcast, which contained an interesting discussion on mass immigration and its impact on living standards: Listener question: “I’ve heard arguments that letting refugees into Australia will actually help our economy as more people would mean there’s more

The post Richard Denniss: Immigration policy must reflect per capita impacts appeared first on MacroBusiness.

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Last week’s release of the Class A files of the parliamentary commission of inquiry into allegations against Justice Lionel Murphy reopened a longstanding controversy about the behaviour of the former Labor attorney-general. (The Class B files, concerned simply with the legal definition of the word “misbehaviour” in section 72 of the Constitution, were published in December last year.)

Just got a robocall from an "ATO officer" reciting a phone number that I was supposed to call or suffer dire legal consequence. I guffawed.

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Liddell coal generator visit reveals a work-force that wants it to close. It would cost $900m to keep open to 2027. And the betting odds are terrible.

By Kyran O’Dwyer Every so often, something catches your eye and prompts you to look a little deeper. After you see, you find you cannot un-see. After you hear, you find you cannot un-hear. When the sound of silence is disturbed it is, at best, disturbing. “Hello darkness, my old friend I’ve come to talk…

The post The sound of silence: Vale Hamed appeared first on The AIM Network.

We got our equal marriage survey forms in the mail yesterday, and posted them back today. From what I’ve seen, about half the forms were delivered last week and nearly all will be done by Friday. And I imagine, most people will either respond straight away or not at all. So, it was kind of strange to see the official campaigns being launched at the weekend, rather as if an ordinary election campaign started at lunchtime on election day*.

The window for staving off the worst of climate change is wider than we thought, but still pretty narrow.

By Leith van Onselen The Australia Institute (TAI) has produced an interesting report warning that record low wages growth could significantly curtail Australian’s superannuation retirement savings, placing immense pressure on the Federal Budget. Below is the summary of the report along with some key charts: The record-slow pace of wage growth in Australia’s economy is

The post Wage suppression a time bomb for superannuation system appeared first on MacroBusiness.

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New data has revealed the latest ranking of Australia's top 10 solar postcodes, including three new entries from Victoria, and one each from WA and NSW.

RBA minutes: Domestic Economic Conditions Members commenced their discussion of the domestic economy by noting that labour market conditions had continued to improve, although spare capacity remains. Employment had risen further in July, the participation rate had edged higher and the unemployment rate had remained steady at 5.6 per cent. Full-time employment had risen strongly

The post RBA minutes hit Goldilocks tone appeared first on MacroBusiness.

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Via the FT today: Donald Trump’s debut address to the UN General Assembly on Tuesday morning is expected to set out a nationalistic foreign policy based on “sovereignty” and which pulls back from any vision of America as an overseas nation-builder and singles out North Korea and Iran as “rogue regimes”. A senior White House

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The Australian's story linking excessive renewable energy subsidies to the Moree solar farm, a rich Saudi playboy and the singer Rihanna is very interesting. It is also hopelessly wrong (at least on the renewables bit).