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MacroBusiness Wednesday, December 13, 2017 - 00:01 Source

Global Macro / Markets / Investing: With markets going crypto-crazy, SEC chairman weighs in – Tech Crunch Who’s Afraid of Bitcoin? The Futures Traders Going Short – WSJ ETFs shattered their growth records in 2017 – Apple News Bitcoin Futures Set Scene for More Gambling – NY Times Will Robots Take Our Children’s Jobs? –

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The Australian Independent Media Network Tuesday, December 12, 2017 - 16:39 Source

With the hounding down of Sam Dastyari today we saw the reality of a new political low in Australian culture. We witnessed for the first time in our political history the mainstream media (MSM) take control of political agenda and with the least assistance possible from the political opponents of the ALP, hunt down and…

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MacroBusiness Tuesday, December 12, 2017 - 16:30 Source

by Chris Becker A lack of trading volume as risk markets hesitate before the dual ECB/Fed meeting this week saw most Asian stock markets retreat slightly today, with currency markets also relatively stable. Oil prices gained a little, particularly Brent crude, but overall a calm before the storm. In mainland China the Shanghai Composite has given back

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, December 12, 2017 - 15:25 Source

Australian researchers who unboiled an egg are turning their focus to making a more efficient alternative to lithium-ion batteries.

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Renew Economy Tuesday, December 12, 2017 - 15:07 Source

Malcolm Turnbull now appears perfectly comfortable parroting right wing nonsense about energy policy, branding high renewable policies as "idiocy" and defending the future of coal. That may be because mainstream media won't challenge him.

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Renew Economy Tuesday, December 12, 2017 - 15:07 Source

Malcolm Turnbull now appears perfectly comfortable parroting right wing nonsense about energy policy, branding high renewable policies as "idiocy" and defending the future of coal. That may be because mainstream media won't challenge him.

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Renew Economy Tuesday, December 12, 2017 - 15:05 Source

A post-election cabinet reshuffle has delivered a new energy minister for Queensland. Here's what we know about Dr Anthony Lynham.

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Renew Economy Tuesday, December 12, 2017 - 14:41 Source

The CEFC is helping demonstrate the diverse potential of energy efficiency programs by helping finance clean energy improvements to two Adelaide buildings.

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MacroBusiness Tuesday, December 12, 2017 - 14:30 Source

By Leith van Onselen Another week, another #SardineSydney story in the mainstream media on how the city’s population is swelling way above the capacity of its infrastructure. The latest example relates to Sydney’s long suffering trains, where skyrocketing passenger numbers have again caused chronic crush-loading chaos. From The ABC [my emphasis]: Sydney Trains has apologised

The post #SardineSydney’s trains hit breaking point appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 12, 2017 - 13:54 Source

Via Barclays: We see AUD under-performance against G10 currencies. Australia’s growth and inflation are likely to remain subdued. Given its late-cycle position, secular adjustments in the commodity sector and downside risks to construction activity and investment. The AUD remains overvalued and its carry advantage over the USD is likely to continue to narrow, with the

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MacroBusiness Tuesday, December 12, 2017 - 13:40 Source

By Leith van Onselen In the wake of June’s Grenfell tower disaster in London, which claimed the lives of around 80 people, a special Victorian Taskforce interim report last week identified 1,400 buildings with flammable cladding, including eight hospitals. But rather than the Grenfell tower disaster prompting caution and vigilance, some Melbourne building operators have

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Harrangue Man Tuesday, December 12, 2017 - 13:04 Source

I had a scare this morning after I saw a streak of blood in the toilet following a motion. Knowing thewife has a better head for such things I texted to ask if I should get an exam but she said if the blood was bright it indicated an internal tear which happens sometimes to her. I went again later with no blood appearing.But after I saw the blood I feared another health contraction, where your world shrinks to just dealing with a health crisis and the rest of normality fades to background.

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MacroBusiness Tuesday, December 12, 2017 - 13:00 Source

By Leith van Onselen The Institute of Public Affairs (IPA) has proposed adopting a system of “competitive federalism”, whereby the states would be responsible for setting their own GST rate and retaining the revenue. IPA executive director John Roskam suggests that the states and territories could also be allowed to impose their own income taxes.

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Renew Economy Tuesday, December 12, 2017 - 12:50 Source

Commercial development of cheap, printable, Australian made perovskite solar cells boosted with $6m ARENA grant to Greatcell Solar.

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The Australian Independent Media Network Tuesday, December 12, 2017 - 12:45 Source

By Lauraine Knight Turnbull and his MPs have turned all their guns on Sam Dastyari and – aided by the mainstream media and the ABC – are producing a cacophony reminiscent of a 1950s “Reds under the Beds“ campaign, but totally ignoring the obvious influence the Chinese have on the LNP. Do they forget that…

The post Liars always shout and make wild accusations to deflect attention appeared first on The AIM Network.

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Renew Economy Tuesday, December 12, 2017 - 12:43 Source

AEMO relaxes limits on wind generation in South Australia as it continues to review system strength needs of the grid with the highest penetration of wind and solar in the world.

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Renew Economy Tuesday, December 12, 2017 - 12:43 Source

AEMO relaxes limits on wind generation in South Australia as it continues to review system strength needs of the grid with the highest penetration of wind and solar in the world.

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MacroBusiness Tuesday, December 12, 2017 - 12:35 Source

In what is becoming a regular feature of the local stock market, strong overnight leads from Europe and the US opened the bourse up but it faded through the morning: Big Iron is up on China’s rapidly easing credit growth. Go figure: Pensioner killing roars on: Big Gold is sinking at last: Big Sleazy is

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MacroBusiness Tuesday, December 12, 2017 - 12:11 Source

By Leith van Onselen Australia’s speculator frenzy has continued to moderate, according to today’s Lending Finance data for October, released by the ABS. As shown below, the annual value of investor loans in New South Wales (read Sydney) continues to fall, whereas Victoria (read Melbourne) – the second hottest market – continues to rise slowly. By

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Renew Economy Tuesday, December 12, 2017 - 11:59 Source

New Australian solar developer, Oriens Energy, announces plans for 80MW solar farm in Tamworth, with more projects in the pipeline.

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Renew Economy Tuesday, December 12, 2017 - 11:58 Source

Critics have argued renewable energies could come with high hidden greenhouse gas emissions that would negate their benefits to the climate. A new study shows the opposite is true.

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MacroBusiness Tuesday, December 12, 2017 - 11:50 Source

By Leith van Onselen The ABS has today released its property price index – incorporating both detached houses and units – which registered a 0.2% decline in home values nationally over the September quarter but an 8.3% gain over the year, a slowing from the 10.2% annual growth initially reported in the year to June:

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Inside Story Tuesday, December 12, 2017 - 11:49 Source

“Suddenly I felt very weary and wished the whole affair to be taken off my hands.” A famous artist visiting a stately European city is garlanded with attention by familiar strangers and required to perform on cue, only for his uneasy vision to cloud and float amid the enveloping politesse. The setting of Kazuo Ishiguro’s dreamlike novel The Unconsoled (1995) might be seen as a wry portent of his role in Stockholm’s extravagant annual Nobel Week twenty-two years later.

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MacroBusiness Tuesday, December 12, 2017 - 11:46 Source

The dream is over for the NAB survey: Last month’s surprise spike in business conditions was more than unwound in November, although that was partly expected. Despite the drop, business conditions remain well above the long-run average and are at solid levels across most of the economy. Forward orders were stronger as well. The construction

The post NAB Business Survey crashes back to earth appeared first on MacroBusiness.

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MacroBusiness Tuesday, December 12, 2017 - 11:20 Source

What could possibly go wrong?

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Renew Economy Tuesday, December 12, 2017 - 11:11 Source

The recent upsurge in the price of Bitcoin seems to have finally awakened the world to the massively destructive environmental consequences of this bubble.

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MacroBusiness Tuesday, December 12, 2017 - 11:01 Source

Join Damien Klassen, David Llewellyn Smith and Tim Fuller as we cover off on the prospects and possibilities of global oil at 12.20 today. All welcome. Book Now

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MacroBusiness Tuesday, December 12, 2017 - 11:00 Source

Via the AFR today: Malcolm Turnbull says he has delivered on the promise he made when he deposed Tony Abbott that he would restore confidence, create jobs and boost economic growth. And he has reassured disillusioned voters that while some of the “very big distractions” of this year were not of his government’s making, they

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MacroBusiness Tuesday, December 12, 2017 - 10:54 Source

Via UBS: China’s crack down on pollution is a major driver for commodities As detailed in our note, we expect China’s focus on reducing air, land, and water pollution to be a major driver for commodities, and in turn mining stocks, both near and long-term. UBS Evidence Lab uses multiple sources to provide unique visibility

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Your Democracy Tuesday, December 12, 2017 - 10:48 Source

 

frugality

Chinese billionaire Huang Xiangmo paid $55,000 to have lunch with Bill Shorten in October 2015, documents uncovered by the ABC reveal.

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