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MacroBusiness
Friday, January 18, 2019 - 11:00
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By Leith van Onselen Adelaide University’s vice chancellor, Peter Rathjen, says he is aggressively targeting growth in foreign student numbers, vowing to grow international student numbers to more than 10,000 in 2019. From Adelaide Now: Under vice-chancellor Peter Rathjen, Adelaide University says it is aggressively targeting growth, mainly to be a more “global” institution. Adelaide projects The post Adelaide Uni dumbs down standards to chase foreign student dollar appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
xkcd.com
Friday, January 18, 2019 - 11:00
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MacroBusiness
Friday, January 18, 2019 - 10:40
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By Leith van Onselen BIS Oxford Economics expects residential construction activity to decline by 1% in 2018-19, followed by a 14% decline in 2019-20. Construction activity is tipped to fall by 19% in New South Wales over the next two years and by 17% in Victoria. From The AFR: According to a report from BIS The post BIS: Residential construction to dive by 15% appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Prosper Australia
Friday, January 18, 2019 - 10:39
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Real estate cycle expert Bryan Kavanagh says turnover and price declines in Sydney and Melbourne during 2018 indicate an economic recession in the 2019-20 financial year. The 2018 “Kavanagh-Putland Index”, released today, shows the total value of Australian real estate sales to GDP. Mr Kavanagh said the $50 billion pumped into markets by the Rudd-Swan […] |
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MacroBusiness
Friday, January 18, 2019 - 10:20
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By Leith van Onselen Earlier this week, SQM Research released its December rental vacancy and asking rent series, which showed Sydney’s rental vacancy rate had rocketed to a series high 3.6%, with nearly 8,000 more rental properties on offer (25,177) than at the same time in 2017 (17,404): At the same time, Sydney asking rents The post Sydney landlords get desperate appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Friday, January 18, 2019 - 09:55
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by Chris Becker Some strikingly weird moves in the Australian dollar late in the overnight session with a big spike through the 72 handle vs USD – over 50 pips or half a cent – before a pullback in the early hours this morning before the Sydney open. What’s that all about? One can usually The post Australian dollar spikes on US China trade talks appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Friday, January 18, 2019 - 09:30
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By Leith van Onselen The handwringing and panic about the build quality of Australia’s high-rise buildings continues with the men behind the company BlockAid claiming that building faults are widespread and at risk of cracking or collapsing in a scenario manner to Sydney’s 34-storey Opal Tower. From The Newcastle Herald: Craig Thorley and Chris Rafferty believe The post Australia needs a royal commission into high-rise construction appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Friday, January 18, 2019 - 09:15
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by Chris Becker Spot iron ore prices fell slightly yesterday while the short and medium term futures edged higher alongside rebar and coking prices: Meanwhile Rio Tinto is out with a production update. Via AAP: Mining giant Rio Tinto shipped 338.2 million tonnes of iron ore from its Pilbara operations in 2018, in line with The post Daily iron ore price update (Rio ups production) appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Friday, January 18, 2019 - 09:00
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By Chris Becker European stocks were subdued overnight in immediate response to the late session slowdown here in Asia, while US markets got a bit more confidence towards the end of the session with speculation Trump is contemplating auto tariffs. Pound Sterling jumped as the UK government announced the next vote on the Brexit deal The post Macro Morning appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Friday, January 18, 2019 - 09:00
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By Leith van Onselen Slowly but surely, economists are falling into line with MB that the next move in official interest rates will be down, most likely this year. From The AFR: Capital Economics has become the fourth forecaster to call for interest rate cuts by the Reserve Bank of Australia this year, joining Market The post Economists slowly warm to rate cuts appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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The Australian Independent Media Network
Friday, January 18, 2019 - 08:45
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Theresa May’s prime ministership remains one of torment, drawn out, and weakened daily. But does it really matter? If it is true to claim that people deserve the government they elect, then there is something madly representative of the debacle of May’s leadership, one where problems are sought for any possible solutions. Steering through… The post No-Confidence Survivor: Theresa May and Brexit appeared first on The AIM Network. |
The Australian Independent Media Network
Friday, January 18, 2019 - 08:43
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The rest of the world knows how stupid and venal our politicians are and, unlike most of us, they aren’t afraid to tell them. In obvious reference to the gormless Peter Dutton’s gaffe when he was overheard giggling about time meaning nothing when you have “water lapping at your door”, the Fijian Prime Minister told… The post How embarrassing appeared first on The AIM Network. |
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MacroBusiness
Friday, January 18, 2019 - 08:01
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Cross-posted from Prosper Australia: Real estate cycle expert Bryan Kavanagh says turnover and price declines in Sydney and Melbourne during 2018 indicate an economic recession in the 2019-20 financial year. The 2018 “Kavanagh-Putland Index”, released today, shows the total value of Australian real estate sales to GDP. Mr Kavanagh said the $50 billion pumped into The post Property index points to Aussie recession appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Friday, January 18, 2019 - 07:47
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Yesterday afternoon I gave an interview on Radio 2GB’s Drive program talking compulsory superannuation. The interview starts from around the 45 minute mark and runs for around 12 minutes. In particular, I rip into Labor’s, the union’s, and Paul Keating’s call to raise the rate of compulsory superannuation to 12% or 15%, arguing that it The post LVO demolishes compulsory super on Radio 2GB appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Prosper Australia
Friday, January 18, 2019 - 06:28
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Bryan Kavanagh’s new report on the state of the real estate cycle, in light of the latest Kavanagh-Putland Index. The Economy Made Easy from Prosper Australia Background – See the latest edition of Progress where Bryan includes his findings in ‘The Truth About High Land Prices‘. |
Poll Bludger
Friday, January 18, 2019 - 06:25
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BludgerTrack returns from hibernation, albeit with only one new poll result to play with. The post BludgerTrack: 53.7-46.3 to Labor appeared first on The Poll Bludger. |
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MacroBusiness
Friday, January 18, 2019 - 00:15
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By Leith van Onselen In the week ended 17 January 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, tanked another 0.35%: Values fell across all major markets: The quarterly decline has steepened to 3.13%, with Sydney, Melbourne and Perth suffering heavy losses: Over the past 12 months, home The post CoreLogic weekly Australian house price update: more crash appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Friday, January 18, 2019 - 00:10
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This week’s LIVE webinar – we explore the often overlooked world of BONDS. Join MB Funds’s Head of Investments Damien Klassen and Tim Fuller as we look at: – What are bonds and the different types available – How they should be classified and how to use them effectively – How bonds fit into a The post MB Fund Podcast – Bonds Away! appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Friday, January 18, 2019 - 00:01
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Global Macro / Markets / Investing: It’s Official: Wall Street Topped $100 Billion in Profit – Bloomberg The Marijuana Billionaire Who Doesn’t Smoke Weed – Fortune BlackRock profit misses as investors opt out of expensive funds – Reuters Why do we bother with stock market forecasts? – Irish Times Cracks are opening in the global The post Links 18 January 2019 appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
The Australian Independent Media Network
Thursday, January 17, 2019 - 19:50
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There are so many of us that think January 26th is a dreadful choice for a national celebration of nationhood, one wonders why a change of date struggles to gain more traction. Why do we punish ourselves so? Choosing to celebrate the birth of our nation on a day that commemorates the arrival of the… The post Australia, we can do better appeared first on The AIM Network. |
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MacroBusiness
Thursday, January 17, 2019 - 16:52
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By Leith van Onselen Global ratings agency Fitch yesterday released a report on the Australian housing market predicting a further 5% fall in 2019 and a peak-to-trough decline of 12%: According to Fitch: “We expect a national peak-to-trough home price drop of 12 per cent in Australia with Sydney and Melbourne posting larger declines in The post Fitch still too optimistic on Aussie house prices appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Thursday, January 17, 2019 - 16:30
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The rally in Asian shares slowed this afternoon as comments from the Chinese commerce industry on the global slowdown took risk well off the table. The Australian dollar cracked to a new daily low while Yen rallied on the risk off mood, affecting domestic Japanese shares. The Shanghai Composite is down over 0.4% going into the close, The post Macro Afternoon appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Renew Economy
Thursday, January 17, 2019 - 15:16
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Renew Economy
Thursday, January 17, 2019 - 15:12
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Renew Economy
Thursday, January 17, 2019 - 14:28
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Renew Economy
Thursday, January 17, 2019 - 14:13
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MacroBusiness
Thursday, January 17, 2019 - 14:06
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From George Tharenou at UBS: …a broadening range of weaker data raises the risk of RBA rate cut. The continued fall in home loans suggests that credit tightening is still playing out, ahead of the Royal Commission final report (due Feb 1) & the next three game changers of Debt-To-Income limits, & potentially negative gearing The post Rising risk of RBA capitulation appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Thursday, January 17, 2019 - 13:30
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by Chris Becker The US Federal Reserve as an interesting report out (unlike the US government, Trump can’t shutdown the Fed! on the impact of student debt on new homeowner rates in the US. Salient because the Coalition wants the education cake and to eat it too. Last year the Senate passed the HECS/HELP adjustments The post US student debt hinder home ownership appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Renew Economy
Thursday, January 17, 2019 - 13:23
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MacroBusiness
Thursday, January 17, 2019 - 13:00
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By Leith van Onselen Today’s housing finance data for November posted a 0.4% fall in the number of new home finance commitments (both construction and new), with commitments down by 12.3% over the year: The annual number of new home commitments is also falling fast: Looking at the state-by-state breakdown, which is presented below on The post New home finance continues fall appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Nine years ago, Britain generated nearly 75% of its electricity using natural gas and coal. In 2018, this has dropped to under 45%.
Northern Territory government to build construction two new solar farms, totalling 20MW of capacity – a move it says will "catapult" its renewables share to 10% by year’s end.
LONGi Solar has achieved a new monocrystalline silicon PERC world record conversion efficiency using commercial wafer (M2) dimensions that exceeds 24% for the first time, according to tests carried out by the National Center of Supervision and Inspection on Solar Photovoltaic Product Quality (CPVT) in China.
Impact Investment Group reopens Solar Asset Fund to new investment, to coincide with start of construction on one of its assets – the 35MW Brigalow Solar Farm in Queensland.
The 275MW Darlington Point Solar Farm will begin construction "shortly" after reaching financial close and sealing a power off-take deal with Trevor St Baker's Delta Electricity.