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The Australian Independent Media Network Friday, April 16, 2021 - 13:12 Source

It had to be symbolic, and was represented as such. Forces of the United States will be leaving Afghanistan on September 11 after two decades of violent occupation, though for a good deal of this stretch, US forces were, at best, failed democracy builders, at worst, violent tenants. In his April 14 speech, President Joe…

The post Exiting Afghanistan: Biden Sets the Date appeared first on The AIM Network.

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MacroBusiness Friday, April 16, 2021 - 13:00 Source

Lordy, China data is a mess. Base effects have distorted everything. If we look through the fog what we find mostly is a disappointment. First-quarter GDP was only 0.6%, far below the forecast 1.4%. That is disguised by year on year figures which are wonky as anything 18.3%: The internals for the month of March

The post Chinese data misses big, economy slows fast appeared first on MacroBusiness.

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MacroBusiness Friday, April 16, 2021 - 12:30 Source

Via the excellent gents at Nordea: Could Bitcoin undermine the dollar and the United States? Perhaps. We do see reasons to mull the long-term value of the dollar – not primarily because of cryptocurrencies, but due the country’s economic-political choices and China’s continued rise… Investor and entrepreneur Peter Thiel recently wondered if not “Bitcoin should … be

The post Will Bitcoin destroy the US dollar? appeared first on MacroBusiness.

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Renew Economy Friday, April 16, 2021 - 12:13 Source

australia agl solar rooftop commericial - canva - optimised 2Energy giant RWE strikes hydrogen trading deal

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Renew Economy Friday, April 16, 2021 - 12:08 Source

perovskite solarGermany’s Fraunhofer Institute achieves record conversion efficiency for both-sides contacted silicon solar cells, the industry standard for solar cell production.

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Your Democracy Friday, April 16, 2021 - 12:00 Source

sanctionssanctions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Biden Says US Could Have Gone Further on Anti-Russia Sanctions, Chose to Be Proportionate

 

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MacroBusiness Friday, April 16, 2021 - 12:00 Source

CoreLogic has released its final auction results for the weekend just gone with the final national clearance rate softening to 76.8%, down from the 79.9% preliminary clearance rate and also slightly lower than the 77.1% final clearance rate recorded in the prior weekend: It was the lowest weekly final auction clearance rate recorded in 2021;

The post Easter holidays dampen auction market appeared first on MacroBusiness.

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MacroBusiness Friday, April 16, 2021 - 12:00 Source

Some more updates on the little Chinese financial crisis roiling its bond and equity markets. Analysts had hoped that yesterday would being relief form the PBOC, no such luck: Stocks fell as the PBOC withdrew liquidity as for a fourth straight month: Funding costs in the junk bond market will keep rising, noted ANZ. Meanwhile,

The post China’s little finaincal crisis rolls on appeared first on MacroBusiness.

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Renew Economy Friday, April 16, 2021 - 11:59 Source

strategy View of Canberra city - optimised ACT government shane rattenbury andrew barrACT issues call for proposals for massive 250MW network of distributed big batteries.

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MacroBusiness Friday, April 16, 2021 - 11:30 Source

Some very important articles today point to the sticky wicket that Australia’s huge iron ore trade is now playing on. The first is Richard McGregor from the Lowy Institute: Chinese leaders have long probed Australian counterparts about what they would do to iron ore supply if it came to war with Taiwan. Australia lived to

The post Australia will block iron ore if China invades Taiwan appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, April 16, 2021 - 11:30 Source

University of South Australia Media Release Researchers at UniSA have developed a cost-effective technique that could deliver safe drinking water to millions of vulnerable people using cheap, sustainable materials and sunlight. Less than 3 per cent of the world’s water is fresh, and due to the pressures of climate change, pollution, and shifting population patterns,…

The post Sunlight to solve the world’s clean water crisis appeared first on The AIM Network.

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The Australian Independent Media Network Friday, April 16, 2021 - 11:21 Source

By Brian Morris   With the rise of Pentecostal and charismatic megachurches there’s a rational concern that a ‘literal’ belief in the Bible has led to anti-science trolls, climate denial and an anti-vax movement. But the endgame will be more serious if the trend continues to morph into a full USA-style of Christian dominionism. Most people…

The post Dominionism – nothing to see here? appeared first on The AIM Network.

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MacroBusiness Friday, April 16, 2021 - 11:00 Source

From SEEK: OVERVIEW OF MARCH 2021: STATE OF THE NATION: Highest number of job ads posted in a month in SEEK’s 23+ year history. Applications per ad at lowest level since 2012. SEEK job ads were up by 10.3% month-on-month (m/m). SEEK job ads were up 75.1% year-on-year (y/y). The top three industries contributing to

The post SEEK job ads hit all-time high in March appeared first on MacroBusiness.

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MacroBusiness Friday, April 16, 2021 - 10:30 Source

The UN has condemned the Morrison Government neglect of stranded Aussies. It will probably mean the personality disorder PM does even less: The #UnitedNations Human Rights Committee has today ruled that Australia “facilitate and ensure” the return of #strandedaussies. We will keep fighting until these travel restrictions are lifted and their #HumanRights are respected. https://t.co/ev3CbwR1dm

The post UN condemns Morrison failure to repatriate Aussies appeared first on MacroBusiness.

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Renew Economy Friday, April 16, 2021 - 10:07 Source

power lines network infrastructure ARENA Monash Grid Innovation Hub - optimised"More gas units will not increase the need for gas generation." Transmission company doubts Angus Taylor's 1,000MW Kurri Kurri gas plant will be built.

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MacroBusiness Friday, April 16, 2021 - 10:00 Source

Yesterday’s employment report from the Australian Bureau of Statistics (ABS) revealed that the number of jobs across the Australian economy has fully recovered from COVID, rising 0.6% in the year to March: Superficially, Australia’s youth – defined as those aged 16 to 24 – have largely missed the recovery, with the number of youth jobs

The post Collapsing immigration slashes youth unemployment appeared first on MacroBusiness.

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xkcd.com Friday, April 16, 2021 - 10:00 Source

We've learned that weird spacing and diacritics in the methodology description are apparently the key to good research; luckily, we've developed an AI tool to help us figure out where to add them.

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John Quiggin Friday, April 16, 2021 - 09:42 Source

Hi everyone. I haven’t been posting much lately. Partly, there have been minor technical problems. But mostly, I’ve been frantically busy trying to finish the draft MS of Economic Consequences of the Pandemic, and haven’t found time to extract pieces suitable for comment. Normal service should resume soon.

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Renew Economy Friday, April 16, 2021 - 09:40 Source

A “precariously” dangled shipping container said to have endangered the lives of workers at the 189MW Suntop solar farm in New So

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MacroBusiness Friday, April 16, 2021 - 09:40 Source

The Morrison Government vaccine failure continues today as Australia remains mired in the Third World: It will get worse, not better over the next six months costing “tens of billions”, said economists, probably quoting me. It is true. Having capitulated entirely to Gladys Berejiklian’s plan for mass vaccination centres, the Morrison Government now faces criticism

The post Morrison quietly launches vaccine passports appeared first on MacroBusiness.

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Renew Economy Friday, April 16, 2021 - 09:38 Source

The ElectraNet battery at Dalrymple has kicked plenty of goals in its first two years of operation, including earning enough revenue to repay a $12m grant.

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MacroBusiness Friday, April 16, 2021 - 09:20 Source

The Australian dollar enjoyed another strong night after yesterday’s solid data and overnight’s ongoing risk melt-up: The Australian dollar is up and away again though well short of previous highs: Oil and gold have made friends again: Base metals metals flew: Big miners too: But EM stocks remain under pressure from Chinese tightening: The to

The post Australian dollar parties as assets melt-up appeared first on MacroBusiness.

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MacroBusiness Friday, April 16, 2021 - 09:00 Source

The ferrous complex was mixed overnight but it is once again party time for iron ore as strong seasonals combine with a falling DXY to deliver a surge in prices. Spot roared. Paper too. Steel fell: CISA early April production data was out was firm: It appears we might give new post-2011 high prices a

The post Daily iron ore price update (party time) appeared first on MacroBusiness.

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Your Democracy Friday, April 16, 2021 - 06:17 Source

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Renew Economy Friday, April 16, 2021 - 05:52 Source

Though Facebook has announced a major renewable milestone, the platform continues to struggle with climate and renewable misinformation on its platform.

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Renew Economy Friday, April 16, 2021 - 01:01 Source

offshore wind from ocean - optimisedThe cost of wind power could drop by half or more over the next 30 years, allowing wind to play a bigger role in future electricity networks.

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MacroBusiness Friday, April 16, 2021 - 00:15 Source

One of the most disturbing situations to arise from the coronavirus pandemic is the utter contempt shown towards Australians stranded abroad, abandoned by our politicians. More than one year on from the beginning of the pandemic and there are still an estimated 35,000 Aussies stranded overseas, shut out by limited flights and quarantine places, as

The post Politicians abandon Aussies, roll out welcome mat to foreigners appeared first on MacroBusiness.

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MacroBusiness Friday, April 16, 2021 - 00:10 Source

CoreLogic’s daily dwelling values index registered another strong increase in the week ended 15 April, with values rising by 0.42% across the five major capital cities: All major capital city markets recorded weekly price growth with Adelaide (0.52%) recording the strongest increase and Perth (0.16%) the smallest: We are half way through April and already

The post CoreLogic weekly house price update: still booming appeared first on MacroBusiness.

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MacroBusiness Friday, April 16, 2021 - 00:01 Source

Global Macro / Markets / Investing: Like it or not, you’re now invested in Bitcoin – New Statesman S&P futures cut losses after tame inflation report, Nasdaq futures rise – CNBC Bitcoin Hits Another High Of $64,000, Creator Satoshi Nakamoto Happens To Worth More Than China’s Richest Man – Global Trends The Total Market Value

The post Links 16 April 2021 appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, April 15, 2021 - 19:35 Source

Written with Annasis Liz Kelly Over the years Australia has had many politicians and governments who have applied one bandaid after another. Sadly, I feel in the case of the Morrison Government more than the average have been applied. My starting point here is to point out my obvious biased: I do not like the…

The post Morrison’s Bandaids appeared first on The AIM Network.

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