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Politically homeless Thursday, August 16, 2018 - 22:19 Source

Dying was nothing and he had no picture of it nor fear of it in his mind. But living was a field of grain blowing in the wind on the side of a hill. Living was a hawk in the sky ... Living was a horse between your legs and a carbine under one leg and a hill and a valley and a stream with trees along it and the far side of the valley and the hills beyond.- Ernest Hemingway For whom the bell tolls

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Harrangue Man Thursday, August 16, 2018 - 22:18 Source

There are nights that represent a moment, a key into a lock and turn where you know something special has happened. I don't get out much---always sore dampens desire to be social---but I accepted the offer and went. Then the lock turned with a soft, welcoming click.I'm blessed; I have a shit body and a sad mind but that led to nights like this. How lucky I am to be cursed as I was; yin within yang within yin.WFTW.

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En Passant Thursday, August 16, 2018 - 18:30 Source


Prime Minister Malcolm Turnbull fired up over energy questions during Tuesday’s QT (Image via YouTube screenshot)

The NEG was a hot topic during Question Time on Tuesday, with the coal dinosaurs ignoring climate change for promises of cheap, reliable energy, writes John Passant in Independent Australia.

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The Australian Independent Media Network Thursday, August 16, 2018 - 17:33 Source

By John Tons By now most Australians will have moved on from the Emma Husar episode. For those who managed to miss it – here is a brief synopsis: Emma Husar is a first-term politician. There were indications that her staff were not happy with her management style, in addition some of her staff made…

The post Emma Husar – Yet another institutional failure appeared first on The AIM Network.

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Renew Economy Thursday, August 16, 2018 - 16:32 Source

Presented by the EEC and now in its seventh year running, the National Energy Efficiency Awards are s a fantastic opportunity to be recognised for your efforts and celebrate your commitment to energy efficiency. 

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MacroBusiness Thursday, August 16, 2018 - 16:11 Source

Asian risk markets are taking a deep breath here as a rolling emerging markets crisis bears fruit mainly among stocks, but also the burgeoning USD.  There has been a hiccup here though with the Australian dollar moving higher on today’s jobs report, while the Yen fellback slightly as did offshore Yuan as the PBOC weakened

The post Macro Afternoon appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 16:06 Source

After a full year in the office, we are happy to announce round two of the MB Fund seminar series. This year’s agenda is of course The Great Australian Housing Crash! Come one and come all to see (and meet) Leith van Onselen, David Llewellyn-Smith and Damien Klassen as they discuss just how fast and

The post 2018 Sydney MB Fund Seminar announced! appeared first on MacroBusiness.

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Renew Economy Thursday, August 16, 2018 - 15:09 Source

Origin Energy profit surges 110% in FY 2018, as orgy of money-making by Australia’s big three gen-tailers continues, fed by high power prices.

The post Origin profit surges as energy consumers feel the pinch appeared first on RenewEconomy.

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The Australian Independent Media Network Thursday, August 16, 2018 - 15:00 Source

By Ad astra Let’s remind ourselves of the meaning of ‘zealot’. Historically, it denoted a member of a fanatical sect in Judea during the first century AD that militantly opposed the Roman domination of Palestine. Today it describes a person who is fanatical and uncompromising in pursuit of religious, political, or other ideals. We still…

The post Beware of rabid zealots appeared first on The AIM Network.

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MacroBusiness Thursday, August 16, 2018 - 14:53 Source

From Bloomie: China will dispatch Vice Commerce Minister Wang Shouwen to the U.S. for low-level trade talks in late August, the first official exchanges since earlier negotiations broke down two months ago. The Chinese delegation led by Wang will meet with an American group led by David Malpass, under secretary for international affairs at the

The post China sends trade delegation to US appeared first on MacroBusiness.

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Renew Economy Thursday, August 16, 2018 - 14:22 Source

GuptaGupta says the proposed government underwriting of a new "dispatchable power plant, will favour solar and could help bring solar costs down to half current market costs, even with back-up.

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MacroBusiness Thursday, August 16, 2018 - 14:15 Source

The Turnbull Government has welcomed data showing that Australia’s Bulk Billing rates have hit an all-time high. From SBS News: Medicare figures show the bulk billing rate for GP visits hit a new high in 2016-17, with nine in 10 visits to the doctor not costing the patient a cent. Australians visited a doctor for

The post Bulk billing at record high, but out-of-pocket expenses also rising appeared first on MacroBusiness.

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Renew Economy Thursday, August 16, 2018 - 14:15 Source

coalAnything deviating from transitioning to a reliable, firmed renewable grid will end up costing Australians and Australian business more in the long run.

The post Any new coal generator will force the early closure of another appeared first on RenewEconomy.

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Renew Economy Thursday, August 16, 2018 - 14:06 Source

Appl's electric car concept could be backApple signals push into electric vehicles, as Australian buyers surveyed on whether buying an EV from software giants would appeal.

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MacroBusiness Thursday, August 16, 2018 - 13:50 Source

By Leith van Onselen It seems Australia’s latest export growth industry – selling university degrees (and residency) to international students – is under threat as China competes harder for international students. From The ABC: Australia has much invested in its ability to attract large numbers of young Asians for tertiary study. The income they bring

The post Australia’s “degree factory” unis under threat from global competition appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 13:30 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) has released the Average Weekly Earnings (AWE) data for the six months to May 2018. A breakdown of the key changes are provided below: According to the ABS, on a seasonally-adjusted basis, national total AWE increased by 1.2% in the six months to May 2018

The post Average weekly earnings climb out of gutter appeared first on MacroBusiness.

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Renew Economy Thursday, August 16, 2018 - 13:05 Source

The future of solar rebates is up in the air as the ACCC pushes for government to adopt its “complete package.” We talk with Sunwiz’ Warwick Johnston about the implications and state of commercial solar.

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MacroBusiness Thursday, August 16, 2018 - 13:00 Source

Via Bloomie: Nick Twidale, chief operating officer at Rakuten Securities Australia Pty., a unit of the major Japanese trading house, reckons the Aussie will trade below 70 U.S. cents by year’s end, and potentially as low as 60 cents in the longer-term. “The Aussie has been regarded as the major currency risk proxy for the

The post Australian dollar merges into Chinese yuan appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 12:39 Source

By Leith van Onselen As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for July, which registered a 3,900 decrease in total employment but a 0.1% fall in the headline unemployment rate to 5.3%, driven by a fall in labour force participation. In trend terms, the unemployment rate fell

The post Employment in detail: End of the boom? appeared first on MacroBusiness.

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Renew Economy Thursday, August 16, 2018 - 12:30 Source

Australia’s first Council-led Climate Emergency Conference.

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Renew Economy Thursday, August 16, 2018 - 12:15 Source

 OptareNext time you visit London, you could be crossing London Bridge in an electric double-decker bus.

The post Optare Metrodecker all electric bus joins iconic London bus routes appeared first on RenewEconomy.

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MacroBusiness Thursday, August 16, 2018 - 11:43 Source

This Afternoon (12:30pm AEST) on the live MB Fund Webinar looks at the Emerging Markets Crisis. – Is the Turkey basted? – Which is the next domino to fall? – Is China THE risk? – How these themes translate into investment practice at the MB Fund  SIGN UP for webinar, and have your questions answered live! Can’t

The post MB Fund LIVE webinar today: Buy or Sell the Emerging Markets Crisis? appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 11:36 Source

ABS Labour Force for July is out and the news is weakness: SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)  Employment decreased 3,900 to 12,575,200. Full-time employment increased 19,300 to 8,587,500 and part-time employment decreased 23,200 to 3,987,700. Unemployment decreased 5,700 to 706,000. The number of unemployed persons looking for full-time work increased 2,300 to 504,100 and the

The post Aussie jobs weak appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 11:15 Source

By Leith van Onselen CoreLogic’s Cameron Kusher has released a new report examining sales of properties valued above $1 million, which shows values rolling over across, driven by Sydney and Melbourne: Mr Kusher’s analysis revealed that over the 2017-18 financial year, annual value growth fell from 10.2% over the previous financial year to a decline

The post CoreLogic: Million dollar sales start to roll appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 11:03 Source

Welcome to the emerging market of Australia. AUD is hanging on: The long bond is breaking down: And the slope is flattening fast: ASX has reversed yesterday’s gains: As Big Iron gets flogged: FMG is broken with $3 the next chart support: Big Gas smashed: Big Gold too: Even Big Mortgage is down despite the

The post ASX carnage as dirt crashes, long bond breaks appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 10:45 Source

From S&P: Australian prime home loan arrears held steady in June. The Standard & Poor’s Performance Index (SPIN) for Australian prime mortgages remained unchanged from a month earlier at 1.38%, according to a recent report by S&P Global Ratings. Arrears typically decline in June. While home loan arrears remain elevated year on year, we expect

The post Mortgage arrears still getting worse appeared first on MacroBusiness.

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MacroBusiness Thursday, August 16, 2018 - 10:30 Source

Rajan is worth listening to. My advice is watch oil. The last EM crisis made its way to the US via a crashing oil price which triggered a meltdown in US junk debt that dragged down the equity market.

The post Rajan: Fed won’t stop hiking to protect EM appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, August 16, 2018 - 10:16 Source

Australia’s environment has been in precarious hands since European settlement found its lengthy and persistent way to the continent. It has been mined, mauled, drained, farmed, deforested and despoiled at a rate that was only restrained by the size of its small but rapacious populace. When environmental matters have made an appearance, they have done…

The post Great Barrier Reef Politics appeared first on The AIM Network.

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MacroBusiness Thursday, August 16, 2018 - 10:15 Source

Via the AFR: A worsening of drought conditions in Australia could put market forecasts for economic growth at risk warns Citigroup, wiping more than half a percentage point from GDP growth in 2018-19 assuming the economy experiences a 20 per cent fall in farm production. There is no El Nino at the moment but the

The post Drought to dry up Aussie GDP appeared first on MacroBusiness.

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Renew Economy Thursday, August 16, 2018 - 10:12 Source

Sustainability Victoria is leading a national project to examine photovoltaic systems and assess possible options for stewardship programs to potentially manage the products at end-of-life.

The post Online survey available for interested stakeholders appeared first on RenewEconomy.

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