Blogotariat

Oz Blog News Commentary
Renew Economy Friday, May 29, 2020 - 00:01 Source

Canva - Power station in Australia reflecting in the lake - optimised emissionsLatest quarterly emissions update shows emissions down thanks to renewables and drought, but increases from the gas sector are hindering faster progress.

Read more Views: 26
Renew Economy Friday, May 29, 2020 - 00:01 Source

Canva - Power station in Australia reflecting in the lake - optimised emissionsLatest quarterly emissions update shows emissions down thanks to renewables and drought, but increases from the gas sector are hindering faster progress.

Read more Views: 3
Club Troppo Thursday, May 28, 2020 - 21:20 Source

Let’s talk about some of the covid policy options facing Australia in the coming months and years. It seems to me we can either grasp the nettle and accept we will get a wave of highly visible covid-19 deaths before life returns to normal, or we can try and defend ourselves against any further wave and infections by quarantine rules, State border controls, immunity passports, tracer apps, and the like. The main cost of the latter is in the total collapse of several industries, as well as longer-term but less visible loss of life.

Read more Views: 33
Renew Economy Thursday, May 28, 2020 - 20:43 Source

rivian R1TIf uptake of EVs is to gain hold in Australia, they need to be fit for purpose - here's a list of what we should expect to see in coming years.

The post New electric vehicles that Australia needed yesterday appeared first on RenewEconomy.

Read more Views: 30
MacroBusiness Thursday, May 28, 2020 - 16:30 Source

A busy day in Asia with lots of economic reports confirming the impact the coronavirus is having on world economies, with the RBA all but ruling out negative interest rates as the local appetite for capital expenditure falls sharply. Despite the economic reality, the unrelated share market rally’s continue across the region, save for embattled

The post Macro Afternoon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 49
MacroBusiness Thursday, May 28, 2020 - 16:17 Source

Over the past few months we have looked several times at debt crises and how they are likely to be resolved. We had Dr Hail on to talk about MMT, we featured Ray Dalio’s solutions to debt crises and this week we hear the third option: Austrian economics. Jonathan Rochford will take to the podcast

The post MB Fund Podcast: Maybe more debt isn’t the answer? With Jonathan Rochford appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 53
The Australian Independent Media Network Thursday, May 28, 2020 - 16:13 Source

On May 25 2020, the Secretary of Prime Minister and Cabinet, (PM&C) Phil Gaetjens, the most senior public servant in government administration, made a written submission to the Senate Finance and Public Administration References Committee inquiry into Lessons to be learned in relation to the preparation and planning for, response to and recovery efforts following…

The post Lies, lies and more lies appeared first on The AIM Network.

Read more Views: 45
Renew Economy Thursday, May 28, 2020 - 15:03 Source

via Canva - solar panels and wind turbine with sunset on the hill concept idea clean energy - optimisedRegulator flags new "reliability" rules to affect wind and solar farms, as ESB considers tightening Australia's reliability standard to 99.9995 per cent.

Read more Views: 41
Renew Economy Thursday, May 28, 2020 - 14:54 Source

AEMC sets new rules to open up the option of stand alone power systems to remote and fringe-of-grid communities as network alternative.

Read more Views: 50
Renew Economy Thursday, May 28, 2020 - 14:41 Source

Sun Cable says the $20 billion solar and storage project planned for the Northern Territory likely to be just the first of many.

The post Sun Cable’s solar and battery mega-project may be first of many appeared first on RenewEconomy.

Read more Views: 45
The Australian Independent Media Network Thursday, May 28, 2020 - 14:36 Source

Now I’ve decided that there comes a time when one needs to put cynicism aside and get behind the leader. No, not to stab him in the back like they so often do in politics. Scott Morrison is proposing a JobMaker program and I think that’s something we should all be celebrating. Unlike JobSeeker where…

The post Scott Morrison Is My Leader And I’m Ambitious For Him! appeared first on The AIM Network.

Read more Views: 46
Renew Economy Thursday, May 28, 2020 - 14:25 Source

Europe unveils $A1.2 trillion Covid-19 recovery plan that has renewables and climate as the centrepiece, casting Australia even more starkly as a backwards-looking global laggard.

Read more Views: 49
Renew Economy Thursday, May 28, 2020 - 14:15 Source

psa car factoryFrance to jumpstart local auto industry decimated by Coronavirus pandemic with €8 billion plan including major boost for electric vehicles.

Read more Views: 35
Renew Economy Thursday, May 28, 2020 - 14:14 Source

Carbon emissions on Great Britain’s power grid hit lowest levels last weekend, thanks to a decrease in demand and a big increase in renewable energy.

Read more Views: 33
MacroBusiness Thursday, May 28, 2020 - 14:00 Source

Via News: Australia’s Reserve Bank Governor Phil Lowe has warned ending the $1500 JobKeeper’s wage subsidy too early would be a “mistake” and it may need to be extended beyond September. Breaking with the Prime Minister’s rhetoric that the scheme needs to be phased out as soon as possible, the RBA chief has warned the

The post Scrap JobKeeper. Boost JobSeeker appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 25
The Australian Independent Media Network Thursday, May 28, 2020 - 13:41 Source

For anybody familiar with that gruesome manifestation of the modern workplace, namely the open plan office, the advent of coronavirus might be something of a relief. The prospects for infection in such spaces is simply too great. You are at risk from droplet-filled babblers, dribblers and gibbering colleagues. Good ventilation and a hyper-vigorous sanitation regime…

The post Welcome Deaths: Coronavirus and the Open Plan Office appeared first on The AIM Network.

Read more Views: 28
MacroBusiness Thursday, May 28, 2020 - 13:40 Source

CoreLogic has released the final auction clearance rate for last weekend, which has rebounded to 62.7%; albeit off volumes that are less than a third of last year’s levels: According to CoreLogic: The final weighted average clearance rate came in at 62.7% last week, surpassing the previous week’s 60.4% as the highest result since the

The post Final auction clearance rates bounce off thin volumes appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 32
Renew Economy Thursday, May 28, 2020 - 13:30 Source

This year will see the largest ever drop globally in both investment and consumer spending on energy as the coronavirus pandemic hits every major sector, according to the International Energy Agency (IEA). The crisis is accelerating the shutdown of older fossil-fuelled power plants and refineries, with the agency saying it could provide an opportunity to...

Read more Views: 18
Renew Economy Thursday, May 28, 2020 - 13:28 Source

Battery storage is really easy to do if the economics are supportive, but pumped hydro is incredibly difficult to do.

The post Let’s talk about battery storage, and why it’s so much easier than pumped hydro appeared first on RenewEconomy.

Read more Views: 20
MacroBusiness Thursday, May 28, 2020 - 13:20 Source

COVID-19 has forced 70% of Australian businesses to change how they operate and 72% have suffered revenue declines, according to a new ABS survey: By employment size, 71% of small businesses (i.e. 0-19 persons employed) reported that revenue had decreased as a result of COVID-19 compared with 78% of medium businesses (i.e. 20-199 persons employed)

The post ABS: 72% of businesses suffer COVID-19 revenue falls appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
MacroBusiness Thursday, May 28, 2020 - 13:00 Source

Awful to watch. At the AFR comes Joel Fitzgibbon on his long march: Indeed, China is the customer for 36 per cent of Australia’s exports – more than $120 billion worth each year. Their demand for our food and mining products creates hundreds of thousands of Australian jobs. So too does the money invested here

The post Labor trumpets treason appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 13
Renew Economy Thursday, May 28, 2020 - 12:41 Source

Solar Energy Panels Detail - optimisedSun Cable CEO David Griffin joins Energy Insiders to discuss the latest update for the $20 billion plan to build the world’s biggest solar farm and biggest battery storage plant in the Northern Territory.

Read more Views: 12
MacroBusiness Thursday, May 28, 2020 - 12:40 Source

The Grattan Institute has analysed job losses at the electorate level, which reveals that regional areas have been much harder hit than inner-city areas: Unsurprisingly, electorates with large tourism industries and a high share of hospitality workers have been hit especially hard… Workers living in rural and regional electorates have been hit much harder than

The post Australia’s regions hit hardest by COVID-19 job losses appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15
MacroBusiness Thursday, May 28, 2020 - 12:20 Source

Last week, we witnessed two of Australia’s main housing groups – the Property Council of Australia (PCA) and Master Builders Australia (MBA) – call for massive subsidies to stimulate new home construction. Then, Prime Minister Scott Morrison flagged massive housing stimulus. Now, Housing Industry Association (HIA) president Simon Norris says many prospective house buyers are holding

The post Property locusts swarm as first home buyers strike appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15
MacroBusiness Thursday, May 28, 2020 - 12:00 Source

Via the ABS: Total capital expenditure Estimate 6 for 2019-20 is $115,434m. This is -3.8% lower than Estimate 5 for 2019-20. Estimate 2 for 2020-21 is $90,891m. This is -8.8% lower than Estimate 1 for 2020-21. Buildings and structures Estimate 6 for 2019-20 is $62,781m. This is -8.3% lower than Estimate 5 for 2019-20. Estimate

The post Aussie capex expectations sink appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
MacroBusiness Thursday, May 28, 2020 - 12:00 Source

Over the past few months we have looked several times at debt crises and how they are likely to be resolved. We had Dr Hail on to talk about MMT, we featured Ray Dalio’s solutions to debt crises and this week we hear the third option: Austrian economics. Jonathan Rochford will take to the podcast

The post MB Fund podcast: Maybe more debt isn’t the answer? With Jonathan Rochford LIVE 12:30 AEST appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
MacroBusiness Thursday, May 28, 2020 - 11:55 Source

The Australian Bureau of Statistics (ABS) today released data on capital expenditures (capex) for the March quarter, which registered a 1.6% seasonally adjusted fall in capex volumes over the quarter and a 6.1% decrease over the year (see below table). However, the 1.6% quarterly decline beat market expectations of a 2.6% decline. The first chart

The post Actual capex falls less than expected in Q1 appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
MacroBusiness Thursday, May 28, 2020 - 11:48 Source

The Australian dollar is struggling a little this morning: However, it is interesting to note that the AUD has begun to labour a little versus stocks: One wonders if the falling CNY isn’t a carpet that is slowly being pulled from under its feet. It remains at a historic breakdown point: Bonds are still bid:

The post Australian dollar starts to labour as stocks rocket on appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
MacroBusiness Thursday, May 28, 2020 - 11:40 Source

Via Morgan Stanley: Retail Squeezing Institutions – but Retail Demand May be Slowing Another short squeeze, a new worst day for Growth vs Value (MSZZGRVL) after just setting that record a week ago, the 16th worst day for Momentum (MSZZMOMO), etc. and investors are asking “who’s buying (and does it continue)” and “does the rotation have

The post Mums and Dads drive stock crash up appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
MacroBusiness Thursday, May 28, 2020 - 11:20 Source

The Centre for Independent Studies (CIS) has forecast that the combined debt of the state and federal governments will top $1.2 trillion by 2022. This equates to about 60% of GDP. The CIS also warns that much of the states’ revenue is at risk of a major decline in coming months due to the impact

The post CIS demands austerity from states appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 20

Pages