Blogotariat

Oz Blog News Commentary
The Australian Independent Media Network Friday, September 25, 2020 - 20:00 Source

By Jane Caro   Despite women facing the wage gap, eventual poverty and possible homelessness, the government is quite happy to blame us for our fate. As soon as the Federal Government understood that millions of Australians were likely to find themselves living on unemployment benefits for the foreseeable future, they realised just how politically untenable…

The post Australia’s poor old women appeared first on The AIM Network.

Read more Views: 17
MacroBusiness Friday, September 25, 2020 - 17:00 Source

The mixed mood on markets is moving to the positive side, outside of China, with most share markets here in Asia rebounding further than Wall Street did from overnight on the back of potentially more fiscal stimulus from the US congress.  The USD is in a very slight retreat after its big run against everything,

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: 24
The Australian Independent Media Network Friday, September 25, 2020 - 16:32 Source

September 24. Central Criminal Court, London. The lion’s share of today’s Old Bailey proceedings in Julian Assange’s extradition trial was spent on battles over mental health and dire risk. The prosecution continued its attempt to minimise the dangers facing Assange were he to be extradited to the United States for 17 charges under the US…

Read more Views: 25
The Australian Independent Media Network Friday, September 25, 2020 - 16:29 Source

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.

Read more Views: 24
Cheeseburger Gothic Friday, September 25, 2020 - 15:51 Source

I started the day with a double migraine. First one just after midnight, and then a second barrel in the face just as I was rolling up to the gym. So it was never going to be a heavy writing day.

Highlight was definitely catching up with old mate Andrew Stafford for lunch at Fiddleleaf Cafe.

Read more Views: 27
MacroBusiness Friday, September 25, 2020 - 15:44 Source

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.

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

Read more Views: 28
Renew Economy Friday, September 25, 2020 - 15:41 Source

elon muskTesla’s Battery Day delivered anticipated cost cuts, but the agency to act is highlighted by both Elon Musk and our guest, Zeke Hausfather from The Breakthrough Institute.

Read more Views: 27
MacroBusiness Friday, September 25, 2020 - 15:20 Source

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

The post Consumer groups slam Coalition’s gutting of responsible lending laws appeared first on MacroBusiness.

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

Read more Views: 26
MacroBusiness Friday, September 25, 2020 - 15:00 Source

The stars are aligning for Victorian Health Minister Jenny Mikakos to become the scapegoat for Melbourne’s hotel quarantine disaster after she was caught lying to the Hotel Quarantine Inquiry yesterday: Victoria’s Health Minister Jenny Mikakos appears to have misled the inquiry into the botched hotel quarantine program after claiming the first she learnt of the

The post More lies revealed about Melbourne’s hotel quarantine appeared first on MacroBusiness.

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

Read more Views: 24
MacroBusiness Friday, September 25, 2020 - 14:40 Source

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.

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

Read more Views: 25
MacroBusiness Friday, September 25, 2020 - 14:33 Source

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 black appeared first on MacroBusiness.

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

Read more Views: 21
Renew Economy Friday, September 25, 2020 - 14:23 Source

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.

Read more Views: 18
MacroBusiness Friday, September 25, 2020 - 14:20 Source

CoreLogic has released its final auction clearance results for last weekend, which reported a final auction clearance rate of 67.6%, up on last week’s 63.0%: Sydney’s final clearance rate firmed to 67.5% (from 65.9% last week), whereas Melbourne’s surged to 70.0% based on only 10 results. As noted by CoreLogic: Sydney returned a final auction

The post Sydney’s auction market bouncing 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 Friday, September 25, 2020 - 14:16 Source

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.

Read more Views: 11
MacroBusiness Friday, September 25, 2020 - 14:00 Source

At the start of the COVID-19 pandemic, Foxtel’s Kayo Sports was facing an uncertain future. In February, Kayo’s subscriber base had fallen from 402,000 as of November 2019 to 370,000. Then the COVID-19 pandemic hit, pausing sporting events across the world including the AFL and NRL seasons. This led to a surge in cancellation requests,

The post Foxtel’s Kayo rises from the ashes appeared first on MacroBusiness.

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

Read more Views: 8
MacroBusiness Friday, September 25, 2020 - 13:40 Source

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.

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

Read more Views: 10
Renew Economy Friday, September 25, 2020 - 13:22 Source

CEFC could be forced to sell $8 billion of assets, including wind and solar projects, to meet $18 billion of new investment promised by Coalition's Technology Roadmap.

Read more Views: 16
MacroBusiness Friday, September 25, 2020 - 13:20 Source

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.

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

Read more Views: 14
Renew Economy Friday, September 25, 2020 - 13:18 Source

Volkswagen launches the ID.4 electric crossover, as it starts deliveries of its smaller stablemate, the ID.3 electric hatch.

The post VW launches “clean and green” ID.4 electric SUV, as ID.3 deliveries start appeared first on RenewEconomy.

Read more Views: 14
Renew Economy Friday, September 25, 2020 - 13:17 Source

tesla AGM battery dayDid 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.

Read more Views: 15
Renew Economy Friday, September 25, 2020 - 13:02 Source

Perth regulator Western Australia AEMO WEM capacity market rules breach - optimisedWestern Power to offer incentives to business and industrial customers to manage their rooftop solar PV, battery storage and flexible load.

Read more Views: 14
MacroBusiness Friday, September 25, 2020 - 13:00 Source

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.

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

Read more Views: 13
MacroBusiness Friday, September 25, 2020 - 12:40 Source

Sir Fomo McSpruikerson is a local billionaire and proud proprietor of The Strayan, a vanity media project designed to boost his assets.  Victorian Liberal Party remain confident they can still lose next state election Victorian Liberal Party leader Michael O’Brien insists the party is on track to lose the next Victorian state election in 2022,

The post The Strayan Weekly appeared first on MacroBusiness.

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

Read more Views: 12
MacroBusiness Friday, September 25, 2020 - 12:20 Source

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.

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

Read more Views: 22
Renew Economy Friday, September 25, 2020 - 12:07 Source

social media networks advertising facebook twitter Instagram - optimisedEfforts to stamp out 'fake news' on social media inadvertently see ads for rooftop solar and clean energy events rejected for being too 'political'.

Read more Views: 22
MacroBusiness Friday, September 25, 2020 - 12:00 Source

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.

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

Read more Views: 20
MacroBusiness Friday, September 25, 2020 - 11:54 Source

Victoria recorded only 14 new COVID-19 infections and 8 deaths: Infections continue to trend lower: Cases continue to fall below the thresholds required to ease draconian stage 4 restrictions in Melbourne: NSW recorded only four new cases with almost zero locally acquired:   And new case counts have plummeted across both jurisdictions: There are now

The post Victoria COVID-19 infections trend lower 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 Friday, September 25, 2020 - 11:40 Source

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.

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

Read more Views: 17
MacroBusiness Friday, September 25, 2020 - 11:20 Source

Here is the latest payrolls by sector from Westpac: Weekly Payrolls to September 5th. A deeper dive looking at which sectors are leading the recovery and which sectors are at risk. The sectors hit the hardest have recovered but accommodation & food services have run out of steam long significantly below pre-Covid levels. There are

The post Dumb and Dumber are resetting wages lower…permanently appeared first on MacroBusiness.

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

Read more Views: 16
MacroBusiness Friday, September 25, 2020 - 11:00 Source

It’s fair to say that it has been a sobering six years for Perth’s property market. Perth dwelling values have fallen by over 22% from their June 2014 peak: Rents have also declined by 23% from their 2014 peak: The market is turning around, however, according to CoreLogic’s head of research, Eliza Owen: While transaction

The post It’s time to buy Perth property appeared first on MacroBusiness.

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

Read more Views: 17

Pages