Blogotariat

Oz Blog News Commentary
MacroBusiness Friday, July 20, 2018 - 10:00 Source

Via The Guardian: A national energy guarantee with a more ambitious emissions reduction target of 45% by 2030 would lead to power prices falling over the life of the scheme in contrast to the Turnbull government’s proposal, according to new modelling. With the Neg bound for a make-or-break meeting in August, the new number crunching

The post Trash the NEG appeared first on MacroBusiness.

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

Read more Views: 51
xkcd.com Friday, July 20, 2018 - 10:00 Source

For a long time, people thought maybe Usain Bolt was the one for running, until the 2090s and the incredible dominance of Derek Legs.

Read more Views: 10
MacroBusiness Friday, July 20, 2018 - 09:30 Source

By Leith van Onselen Earlier this month, Dr Bob Birrell and Dr Ernest Healy from The Australian Population Research Institute (APRI) published an excellent report explaining the deleterious impact Australia’s mass immigration ‘Big Australia’ policy has had on housing affordability in Sydney and Melbourne. Now, Bendan Coates, research fellow at The Grattan Institute, has admitted that mass

The post Grattan: Mass immigration has locked Aussies out of housing appeared first on MacroBusiness.

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

Read more Views: 34
MacroBusiness Friday, July 20, 2018 - 09:16 Source

By Chris Becker Trump tried to rub out the recent gains in USD by criticizing the Fed’s interest rate rises, causing volatility across currency and stock markets. Commodities remain the greatest downside however, with copper plumbing new lows alongside gold while oil prices are relatively stable as the Saudis try to undermine concerns of oversupply.

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: 34
MacroBusiness Friday, July 20, 2018 - 09:15 Source

Via S&P: Negative Rating Bias Skewing Toward Stable Despite Downside Risks The ratings outlook bias for the pool of Asia-Pacific financial institutions that S&P Global Ratings rates has skewed toward stable during the second quarter ended June 30, 2018. However, downside risks remain, particularly regarding the possible emergence of a lower-probability negative scenario with a

The post S&P reiterates negative ratings outlook for Aussie banks appeared first on MacroBusiness.

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

Read more Views: 43
MacroBusiness Friday, July 20, 2018 - 08:30 Source

By Leith van Onselen Here we go again. The Turnbull Government has reignited its plan for tougher “English-language” and “values” requirements to become an Australian citizen. From The Australian: Citizenship Minister Alan Tudge has warned Australia is veering towards a “European separatist multicultural model”, flagging a rethink of immigration settings that could include new migrants

The post Coalition ramps new immigration “bait-and-switch” appeared first on MacroBusiness.

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

Read more Views: 40
Renew Economy Friday, July 20, 2018 - 08:00 Source

Australian steel giant BlueScope turns to solar to help power its Port Kembla Steelworks, signing a 7-year power purchase agreement to take the bulk of the output from the 133MW Finley Solar Farm to be located 100km west of Albury.

Read more Views: 38
Renew Economy Friday, July 20, 2018 - 08:00 Source

Australian steel giant BlueScope turns to solar to help power its Port Kembla Steelworks, signing a 7-year power purchase agreement to take the bulk of the output from the 133MW Finley Solar Farm to be located 100km west of Albury.

Read more Views: 37
Your Democracy Friday, July 20, 2018 - 06:58 Source
Read more Views: 11
MacroBusiness Friday, July 20, 2018 - 05:48 Source

DXY ran riot last night then crashed on Trump jawboning before rallying again. CNY is crashing. EUR falling: AUD got sucked down as expected: Though emerging markets fell even harder: Gold was the same story: Oil bucked the trend as Saudi jawboned prices higher: Base metals were smashed: And big miners: Plus EM stocks: Oddly,

The post Australian dollar trashed as Chinese yuan crashes 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, July 20, 2018 - 05:00 Source

Iron ore prices for July 19, 2018: Spot up. Paper down. Steel firm. We’re still in the equilibrium. History is repeating for miners. We already have BHP, RIO, FMG and Vale all investing heavily in high grade output. Now India joins them, from Creamer’s: Information and data sourced from industry indicate that overseas shipment and

The post Daily iron ore price update (history repeats) appeared first on MacroBusiness.

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

Read more Views: 23
The Global Mail - Syndicated Stories Friday, July 20, 2018 - 01:40 Source

Is it time to make a toast and celebrate a crypto recovery? I don’t think we are quite there yet. Even as Bitcoin spearheads this resurgence, clearing key buy triggers and resistance lines, some as Ethereum, EOS, and IOTA are […]

The post Weekly Cryptocurrency Price Analysis: Bitcoin, Ethereum, Litecoin, EOS, and IOTA appeared first on The Global Mail.

Read more Views: 43
MacroBusiness Friday, July 20, 2018 - 00:15 Source

If you haven’t already, watch Steven Bannon on Trump and China. It is very important that you do so: Readers will know that although I disagree on many things with Steve Bannon, China is not one of them. But I’m going to put aside the debates about whether this is right or wrong today. What matters

The post Australia is now the worst placed investment on the planet appeared first on MacroBusiness.

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

Read more Views: 37
Harrangue Man Friday, July 20, 2018 - 00:12 Source

There was a meeting on and I took my notebook and pen. I left the meeting having used the pen to take notes then stopped at a grimy underused toilet on the way out.The pen fell out of my pocket onto toilet tiles.I chew pens; I knew I would chew this one. I kept it in my pocket until I got off the bus then held it tightly until I got home then binned it. I successfully did not masticate the toilet pen.In a world of small victories this has been one of them.

Read more Views: 49
MacroBusiness Friday, July 20, 2018 - 00:10 Source

By Leith van Onselen Australian Finance Group (AFG) has released its housing finance data for the June quarter, which registered a seasonal quarterly rise in the number of mortgage applications, but with applications falling heavily over the year. The number of mortgage applications rose by a seasonal 4.2% over the March quarter but was down

The post Investor mortgage applications crunched appeared first on MacroBusiness.

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

Read more Views: 32
MacroBusiness Friday, July 20, 2018 - 00:10 Source

By Leith van Onselen In the week ended 19 July 2018, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, declined another 0.11%: Values fell across all major markets except Brisbane: So far in 2018, home values have declined by 2.07%, with only Brisbane and Adelaide recording a value

The post CoreLogic weekly Australian house price update: more falls appeared first on MacroBusiness.

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

Read more Views: 35
MacroBusiness Friday, July 20, 2018 - 00:09 Source

This episode of MB Fund Economist Leith Van Onselen and Strategist David Llewellyn-Smith join Damien Klassen and Tim Fuller as they deconstruct the Australian Housing Market. The webinar covers: the state of housing markets nationally today; a deep dive into Sydney; a deep dive into Melbourne; scenarios and policy responses; investment implications. Enjoy below: Take

The post The boom and bust of Australian property appeared first on MacroBusiness.

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

Read more Views: 32
MacroBusiness Friday, July 20, 2018 - 00:08 Source

By Leith van Onselen Yesterday’s ABS labour force release for June revealed a firmer Australian youth labour market – i.e. those aged 15 to 24 years old – led by a surge in part-time jobs. The trend headline unemployment rate fell to 11.61% in June from 11.85% in May: Whereas total employment growth for those

The post Youth labour market joins part-time jobs boom appeared first on MacroBusiness.

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

Read more Views: 33
MacroBusiness Friday, July 20, 2018 - 00:04 Source

Some nice charts via Vertical Group (which is an MB client in case you’re wondering): While many have attributed the resilience in China’s steel prices this year to Xi Jinping’s “supply-side reform magic”, we believe a much more basic measure is at play. More specifically, we believe that as external pressures began growing last year, intensifying

The post How far can China’s latest property bubble up carry it? appeared first on MacroBusiness.

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

Read more Views: 15
MacroBusiness Friday, July 20, 2018 - 00:01 Source

Global Macro / Markets / Investing: ETFs Unlikely to Cause Widespread Market Disruptions, Research Shows – WSJ Bond Traders Are Way Ahead of the Fed’s Powell – Bloomberg The False Tale of Amazon’s Industry-Conquering Juggernaut – Wired Quant Funds Are Getting a Bad Rap – Bloomberg Trump May Kill the Global Recovery – Project Syndicate Americas:

The post Links 20 July 2018 appeared first on MacroBusiness.

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

Read more Views: 29
Digitopoly Thursday, July 19, 2018 - 23:16 Source

At Chicago Booth, there is a panel of famous economists who are posed various economics forecasting and policy questions and you can see which way the economic winds are blowing. The IGM Panel has been running successfully for a few years now.

Read more Views: 32
John Quiggin Thursday, July 19, 2018 - 19:26 Source

Most people won’t recognise the name “Leo Hielscher” unless they regularly cross the eponymous* bridge (better known by its original name, the Gateway). But he is a figure of great consequence in Queensland, responsible for the downfall of two governments. Hielscher ran the state’s finances for decades, and was the architect of the Bjelke-Petersen strategy of an extractive economy based low taxes, low services and low skill. His proudest boast was the state’s AAA credit rating

Read more Views: 36
MacroBusiness Thursday, July 19, 2018 - 16:46 Source

A strong unemployment print locally buoyed Aussie stocks as the rest of Asia sold off on the back of a much lower Yuan while the BOJ tapers its bond buying program. The Japanese are also wary given the growing trade surplus with the US, with Wall Street confidence also to be tested later tonight as

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: 38
Your Democracy Thursday, July 19, 2018 - 16:08 Source
Read more Views: 4
The Australian Independent Media Network Thursday, July 19, 2018 - 15:30 Source

    Longman is a federal electorate in Brisbane’s north held since the 2016 election by Susan Lamb for Labor. Lamb was born in Mackay, Queensland of a British father and Queensland born mother. Her own legal advice confirmed that she obtained British citizenship by descent at birth. So, she applied to renounce her British…

The post The Longman By-Election appeared first on The AIM Network.

Read more Views: 31
Renew Economy Thursday, July 19, 2018 - 15:08 Source

IEA reoprt says final investment decisions for coal power plants fell by 18% in 2017, to just a third of 2010 levels. And in India, investment in renewable power beat investment in fossil fuels for the first time.

Read more Views: 33
The Australian Independent Media Network Thursday, July 19, 2018 - 15:06 Source

“A fragment does not give us that continuously changing truth … ” (Anais Nin). We now live our lives in fragments. Small moments of awareness, like a penny peep-show of old. Wisdom and knowledge in photo-ops and literary grabs of no more than a thousand words … written in a witty and evocative hand. Hinting…

The post Descend into darkness … appeared first on The AIM Network.

Read more Views: 31
Renew Economy Thursday, July 19, 2018 - 14:54 Source

Jaguar says two thirds of Australians could own an EV within 10 years, with millennials more likely to buy one than baby boomers, and men more likely than women.

Read more Views: 28
Renew Economy Thursday, July 19, 2018 - 14:45 Source

The Independent Planning Commission has rejected plans for an energy-from-waste facility in Sydney’s west citing ‘uncertainty’ over human health and environmental impacts.

Read more Views: 27
Renew Economy Thursday, July 19, 2018 - 14:29 Source

BMW has announced that its hybrid electric i8 Roadster, plus a fresh look i8 Coupé, is ready to buy for cashed up Australian EV enthusiasts.

Read more Views: 35

Pages