Blogotariat

With less than a week to go in the scheduled agenda for the industrial relations reforms negotiations which have been ongoing since early June, Sally McManus – national secretary of the Australian Council of Trade Unions (ACTU) – has voiced her displeasure over an apparent breakdown in the talks which have been primarily featuring union…

The post Industrial relations reform talks breached again as deadline approaches appeared first on The AIM Network.

Ahead of the anticipated announcement of the Federal Governments trashing of responsible lending laws by moving oversight of financial lending from ASIC to APRA, Gunnamatta spoke with David Llewellyn-Smith and Leith van Onselen about the implications of the move, and how this positions the Australian economy.  The sound is a touch raw, and the discussion

The post MB Radio: Irresponsibility becomes the new black appeared first on MacroBusiness.

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A consortium of consumer groups have rightfully slammed the Morrison Government’s planned axing of responsible lending laws, issuing the following media statement: MEDIA STATEMENT FRIDAY 25 SEPTEMBER 2020 Consumer groups slam move to remove responsible lending laws Removing credit protections will cause harm to people and the economy  CHOICE, Consumer Action Law Centre, Financial Counselling

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Sam Crosby from Labor thinktank the McKell Institute believes “there are good reasons why for many the novelty of working from home wore out quickly”: Companies had only been resisting the logic of working from home due to a combination of inertia and fears over optics. Now they’ve been rushed into conducting a 2020 global

The post Naysayers need to accept work from home is here to stay appeared first on MacroBusiness.

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Completely recyclable wind turbines are a step closer, with development of new resins and composite materials.

The post French consortium developing first completely recyclable wind turbine blades appeared first on RenewEconomy.

New report says battery storage is beating gas peakers in Australia on capital costs and fuel costs, and will win too on longer storage

The post Two key numbers that make battery storage better bet than gas peakers appeared first on RenewEconomy.

As we all know, the JobSeeker supplement (alongside JobKeeper) will be cut this weekend from $1100 to $815. There is widespread concern that the wind back of the JobSeeker supplement will push many Australians into poverty, as well as pull billions of dollars out of the economy. For example, Deloitte this month forecast that scrapping

The post 400,000 Aussies face losing JobSeeker access appeared first on MacroBusiness.

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Via The Fake Left: Australia’s resistance to a mid-century net zero emissions target is likely to become increasingly unsustainable after China surprised global leaders by pledging it would reach “carbon neutrality” before 2060, climate analysts and advocates say. The announcement by the Chinese president, Xi Jinping, at the UN general assembly on Tuesday means the

The post China pledges carbon neutral target in 2060 appeared first on MacroBusiness.

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Did Battery Day live up to the hype? There was no million-mile battery, but some analysts say the pace of cost reductions is still hugely significant.

August saw the market continue the recovery as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long succession of upbeat economic data. The month’s recovery was underpinned by a series of better than expected economic reports, including an increase in manufacturing activity, better-than-anticipated factory orders, and a lessening of new jobless

The post MB Fund August Performance appeared first on MacroBusiness.

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From Gareth Aird, head of Australian economics at CBA: We expect the RBA to leave monetary policy unchanged at the October Board meeting. We expect the targets for the cash rate and the yield on 3-year Australian Commonwealth Government Bonds (ACGBs) to be maintained at25 basis points. Further near term monetary policy support for the

The post CBA: Monetary policy on hold in October appeared first on MacroBusiness.

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Yesterday, Treasurer Josh Frydenberg announced the introduction of US-style Chapter 11 bankruptcy rules, which would cover around 76% cent of businesses subject to insolvencies, 98% of whom have less than 20 employees: The new system would be two-tiered, with large companies required to work under existing insolvency rules, while business with liabilities of less than

The post Tens of thousands of businesses face collapse appeared first on MacroBusiness.

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Via Treasurer Josh Depressionberg yesterday: Australia’s future population will be smaller, and older, than we previously assumed because of the sharp drop we are seeing in net overseas migration. Australia’s population growth is expected to slow to its lowest rate in over a hundred years. As published in the July update, net overseas migration is

The post Property shock! Treasurer concedes 2 years of shrinking population appeared first on MacroBusiness.

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