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The Australian Independent Media Network Wednesday, August 16, 2017 - 18:09 Source

Media Release from the National Justice Project Manus death ‘cover up’ unacceptable – Bring the body here. The family of an Iranian asylum seeker found dead on Manus Island is demanding the Australian Government launch a vigorous and transparent investigation into his death. Hamed Shamshiripour’s body was found in bushland near the island’s Australian-run transit…

The post Manus death ‘cover up’ unacceptable appeared first on The AIM Network.

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MacroBusiness Wednesday, August 16, 2017 - 16:41 Source

by Chris Becker Following last night’s tepid lead from overnight markets Asian traders are looking at each other and wondering if they should continue on with the bounce from Monday, given the seemingly reduced risk over the Korean peninsula. Stock markets were mixed with only the ASX200 putting on meaningful gains with currencies relatively stable

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, August 16, 2017 - 16:32 Source

The only surprise was that it did not come sooner. Australia’s Royal Commission into Institutional Responses to Child Sexual Abuse has gotten on with the gruesome task of making 85 recommended changes to the law that will provide some measure of future protection for victims of child abuse. The notable words that should be highlighted…

The post Breaking the Seal: Child Abuse and the Confessional appeared first on The AIM Network.

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Inside Story Wednesday, August 16, 2017 - 16:25 Source

Liu Xiaobo, China’s long-imprisoned Nobel Peace Prize laureate, could find human dignity in the darkest of places. He found it working with the grieving mothers of young people killed in the 1989 Beijing massacre. He found it in occasional glimpses of warmth between guards and prisoners amid the grinding routine of prison life. And he wrote eloquently and often about dignity as he found it.

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Renew Economy Wednesday, August 16, 2017 - 15:08 Source

The SA Premier talks eggs, sausages, solar thermal, battery storage... and why the federal Clean Energy Target still matters.

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Renew Economy Wednesday, August 16, 2017 - 15:03 Source

Origin Energy lost electricity customers but grew revenue, price and margin for the full-year 2017. Overall the result was strong at virtually every line.

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Renew Economy Wednesday, August 16, 2017 - 14:52 Source

How hard will climate impacts in China hit Australia's economy? It’s a question for the Senate inquiry into national security implications of climate change.

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Renew Economy Wednesday, August 16, 2017 - 14:47 Source

AGL is offering households with rooftop solar systems a free service to help them protect potential savings by monitoring their systems.

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Renew Economy Wednesday, August 16, 2017 - 14:36 Source

Origin results show its retail division made the most of a "transitioning energy market." But CEO says further power price rises "would be bad for everyone."

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Your Democracy Wednesday, August 16, 2017 - 14:31 Source

democrasea

Here we are when we thought it was safe to go back in the water, Annabel springs an analysis of democrasea upon us. Those murky waters need not to be disturbed, unless we recall the joyful Whitlam years:

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Renew Economy Wednesday, August 16, 2017 - 14:21 Source

New Energy Solar has today been recognised as an ABA100 Winner in The Australian Business Awards 2017.

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Renew Economy Wednesday, August 16, 2017 - 14:10 Source

The Andrews Labor Government has today appointed Mr John Bradley as the new Secretary of the Department of Environment, Land, Water and Planning (DELWP).

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MacroBusiness Wednesday, August 16, 2017 - 13:56 Source

By Leith van Onselen Of all the idiotic ‘awards’ handed out, The Economist’s ‘Most Livable City’ must surely rank near the top. For the seventh consecutive year, The Economist has named Melbourne the most livable city in the world. From The Age: Melbourne’s seventh consecutive year at the top of The Economist’s liveability index was welcomed

The post Melbourne wins bogus “most livable” award for 7th consecutive year appeared first on MacroBusiness.

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Renew Economy Wednesday, August 16, 2017 - 13:42 Source

Today's chart shows how there's been a slight dip as wind power has increased output in July, and how prices were higher when gas dominated the fuel mix in the state.

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Renew Economy Wednesday, August 16, 2017 - 13:41 Source

If power can be generated where it is consumed, it can closely follow demand growth. Where does much of that growth come from? The "leisure-pull".

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MacroBusiness Wednesday, August 16, 2017 - 13:40 Source

Cross-posted from The Conversation: Any downturn in the construction industry could trigger job losses to a range of sectors that support the building industry, such as planning, project management, real estate and property services. This threat reveals the risk of relying on building and construction to sustain the economy. Since before the global financial crisis,

The post Construction-led growth is ponzi growth appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 16, 2017 - 13:39 Source

Via AFR: Currency experts have had to overcome their pride, and their persistently wayward Australian dollar forecasts, and instead develop a different model for charting the direction of the local currency, as it moves against the US dollar. Shifting commodity prices and a gap in interest rate spreads are complicating Aussie dollar forecasts, but JP Morgan

The post JPM: Aussie dollar to keep falling appeared first on MacroBusiness.

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Renew Economy Wednesday, August 16, 2017 - 13:38 Source

Despite an upbeat renewables outlook, Origin Energy CEO says the market is not out of the woods yet, and that for investment to keep up momentum, policy stability remains at a premium, and the introduction of a Clean Energy Target is critical.

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MacroBusiness Wednesday, August 16, 2017 - 13:29 Source

Via Macquarie: The business cycle in the Eurozone We forecast growth in the Eurozone to be 2.1% YoY this year, the highest since 2001. Lagging the US recovery by 3-4 years, we expect Eurozone growth to remain above trend. As with the US, as the rate of employment growth fades, so will consumption and overall

The post A peak inside the Eurozone recovery appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, August 16, 2017 - 13:23 Source

By Melissa A. Frost I see myself as a bit of a social observer. I listen and watch: reading through reams of threads on Social Media, establishing the pulse of the populace. In the last couple of years I have noticed an alarmingly increasing trend of alienated baby boomer single mothers. It’s subtle. Lying between…

The post She is to blame for everything appeared first on The AIM Network.

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MacroBusiness Wednesday, August 16, 2017 - 13:06 Source

Politics is so weird these days (from The Australian): Under the deal announced last night, One Nation would support the abolition of the two-out-of-three and reach rules in return for the government agreeing to legislate a requirement for the ABC and SBS to be balanced and to publish the wages of highly paid ABC staff.

The post Announcing Fox News (ABC edition) appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 16, 2017 - 12:34 Source

Via Morgan Stanley: ‘…so you’re a commodity analyst, and you don’t track bitcoin? Should I be worried about that?’ – bitcoin enthusiast Latest fiat money: Bitcoin’s value has lifted about 5x since a period of relative stability pre-Nov-16, to over $4,000/bitcoin (Exhibit 1,2), on mainly rising geopolitical tensions. Curiously, we’re receiving investor queries on this

The post Bitcoin versus gold appeared first on MacroBusiness.

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Harrangue Man Wednesday, August 16, 2017 - 12:22 Source

I was in the shed when the insistent tapping began on the shed wall, like a woodpecker on a tree only chicken on metal. It was one of the browns. She cocked an eye and looked at me.

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The Australian Independent Media Network Wednesday, August 16, 2017 - 12:00 Source

By Dr George Venturini Heinz Alfred ‘Henry’ Kissinger obtained a Ph.D. at Harvard University in 1954. His interest was on Castelreagh and Metternich – two empire builders. He devoted his life to sublimate them. In an incendiary, studiedly defamatory book the late Christopher Hitchens described him as “a mediocre and opportunist academic [intent on] becoming…

The post Kissinger gave ‘green light’ for the invasion of East Timor appeared first on The AIM Network.

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MacroBusiness Wednesday, August 16, 2017 - 11:47 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) has just released its Wage Price Index for the June quarter of 2017, which revealed a continuation of weak wages growth across the economy, with annual wages growing at the lowest rate in the series’ 20 year history: According to the ABS, wages grew by

The post Record low wages growth shatters Budget forecast appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 16, 2017 - 11:46 Source

By Leith van Onselen After extensive behind-the-scenes lobbying campaign by the Franchise Council of Australia, led by former Liberal Small Business Minister Bruce Billson, the Turnbull Government earlier this year delayed a vote on a bill to prevent worker exploitation. Now the Coalition is in negotiations in the Senate, and the bill reportedly hangs in the

The post Franchise visa rorters bill hangs in the balance appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 16, 2017 - 11:41 Source

The gas cartel is in full swing this week. We had the Santos write down yesterday. Today Origin, as it’s white elephant hoses another $3.1bn into the sea: But who cares when your artificial gas shortage throws up electricity profits growth like this: Recalling that gas sets the price of electricity in the National Electricity

The post Gas cartel hoses your money into the sea appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 16, 2017 - 11:20 Source

By Leith van Onselen Earlier this week, Statistics New Zealand released its population estimates for the June quarter of 2016, which recorded an unprecedented population increase of 100,400 (2.1%) in the year to June, driven by a record high 72,300 net migration: Today, Economics forecaster and consultancy Infometrics has produced new research suggesting that the

The post “Alarming” NZ immigration might be even higher than reported appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 16, 2017 - 11:17 Source

From Westpac: • The six month annualised growth rate in the WestpacMelbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose from –0.54% in June to –0.10% in July. Despite the improvement in the growth rate it remains negative for a second

The post Leading index remains below trend appeared first on MacroBusiness.

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Renew Economy Wednesday, August 16, 2017 - 11:08 Source

Light-weight new drone features standard solar cells, encapsulated in composite material without losing efficiency.

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