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Renew Economy Wednesday, December 17, 2014 - 15:38 Source

New deal merges Clean Energy Council annual solar conference with All-Energy Australia, to deliver the country’s largest clean energy event in 2015.

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Renew Economy Wednesday, December 17, 2014 - 15:37 Source

US slams higher penalties on Chinese solar imports, while the findings of an Australian anti-dumping investigation is delayed again until March.

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Renew Economy Wednesday, December 17, 2014 - 15:36 Source

Senator Xenophon’s “Safeguard Mechanism” amendment to the Direct Action legislation means Australia effectively has a carbon price again.

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Renew Economy Wednesday, December 17, 2014 - 15:35 Source

The golden age of gas is already over - eaten by solar and wind and its own soaring costs. AEMO says gas-fired production could fall by two thirds over the next five years, as export parity prices it out of market and it is displace by renewables. The one bright spot might be the potential of gas to replace coal generation in a decade’s time.

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MacroBusiness Wednesday, December 17, 2014 - 15:25 Source

Cross-posted from The Conversation: Treasurer Joe Hockey is experiencing difficult times. Deteriorating terms of trade and an uncooperative senate mean that he cannot deliver the surplus when he said he would and he cannot continue to cut government expenditure without risking a recession. I have some comforting news for Joe Hockey: the importance of the […]

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Wednesday, December 17, 2014 - 15:07 Source

How much of the Martin Place footage has already been erased? How much was on the helmet cameras of the police team? Where is it?

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Renew Economy Wednesday, December 17, 2014 - 15:05 Source

UPDATE: A crowd-funded solar system for Kirribilli House has been delivered to the PM for Xmas – a gift with a message from Sydney church leaders.

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MacroBusiness Wednesday, December 17, 2014 - 14:32 Source

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MacroBusiness Wednesday, December 17, 2014 - 14:30 Source

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MacroBusiness Wednesday, December 17, 2014 - 13:38 Source

By Leith van Onselen Westpac has released its Coast-to-Coast report, which provides an update on Australia’s state economies. The report provides some interesting analysis showing that New South Wales is driving demand and consumption nationally on the back of its booming housing market: Economic conditions softened in the September quarter and growth remains uneven. These […]

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Prosper Australia Wednesday, December 17, 2014 - 12:59 Source

By Cameron Murray Romance novels seduce you into feeling for their characters, drawing you into their exhilarating world where eventually, and predictably, the protagonists overcome their seemingly intractable obstacles and are united together. The story of property and power, the fifty grades of shade, unfortunately never reaches such a resolution. This story is much more […]

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Renew Economy Wednesday, December 17, 2014 - 12:40 Source

A Paris climate agreement is not going to save the world. The Copenhagen summit was so chaotic because it tried to do too much too soon and nearly broke the system as a result.

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MacroBusiness Wednesday, December 17, 2014 - 12:31 Source

By Peter Schiff, cross-posted from Euro Pacific Capital The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments. Economists are scratching their heads to determine if the drop is good or bad for the […]

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Renew Economy Wednesday, December 17, 2014 - 12:25 Source

Chile is now emerging as the southern hemisphere’s renewable energy giant, so what can we learn from our Pacific neighbours?

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MacroBusiness Wednesday, December 17, 2014 - 12:09 Source

By Leith van Onselen I wrote last week how Australia’s youth labour market has hit crisis levels, with unemployment for those aged 15 to 24 years old at 14.1% in November in trend terms – the highest level in over 16-years – versus only 4.7% for the rest of the labour force (see next chart). […]

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Wednesday, December 17, 2014 - 11:41 Source

With the grief still raw over the Lindt cafe hostage drama which left two innocent people dead, there will begin a…

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Renew Economy Wednesday, December 17, 2014 - 11:27 Source

Oil companies in the US have been retrenching as the market goes into free-fall, and the survivors will face some stiff — and unprecedented — competition.

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Wednesday, December 17, 2014 - 11:19 Source

Under cover of the chocolate shop siege, Joe Hockey revealed he would not go after big multinationals for their dodged back taxes, thus costing the Budget eight or nine billion dollars. Abbott refused to meet, or pose with, any of the siege survivors lest they accuse him, on camera, of causing two deaths by refusing to talk with Man Monis on radio. The OECD said Hockey’s Budget was ‘useless’, cursing, especially, Pyne’s high uni fees. Andrews ‘doubted’ if the Billionairesses’ Baby Bonus, revamped, would be ready by July. He thought it might have a ‘childcare component’ but he wasn’t sure.

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MacroBusiness Wednesday, December 17, 2014 - 11:19 Source

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xkcd.com Wednesday, December 17, 2014 - 11:00 Source

The US Christmas shipping deadline for the xkcd store is December 19th! If you want to get anyone xkcd Christmas presents, you should order by then.

The xkcd store features body slipcovers, secret passageway concealers, picture tape, and more!

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xkcd.com Wednesday, December 17, 2014 - 11:00 Source

With a space elevator, a backyard full of solar panels could launch about 500 horses per year, and a large power plant could launch 10 horses per minute.

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MacroBusiness Wednesday, December 17, 2014 - 10:58 Source

From Bill Evans at Westpac. The six month annualised deviation from trend growth rate of the Westpac Melbourne Institute Leading Index which indicates the likely pace of economic growth three to nine months into the future fell from –0.15% in October to –0.47% in November. This is the tenth consecutive month where the growth rate […]

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The Australian Independent Media Network Wednesday, December 17, 2014 - 10:41 Source

Author’s note:

This is a re-post with a new title.

On Facebook every day I post “My Thought for the Day” and every now and then I put the question: “What word best describes you?” My personal word is ‘observation’ because it covers a multitude of experiences.

With very limited formal education, observation became an integral part of my private classroom. From an early age I became a keen observer. Nothing escaped my scrutiny or sensory surveillance’s. I watched people, nature and life in general. I examined and considered.

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Wednesday, December 17, 2014 - 10:32 Source

Dr Melissa Stoneham writes: Growing up with five wave-riding brothers, spending every summer holiday at surf beaches and rocking along to songs such as Echo Beach and Summer Breeze, enabled me to spend my teenage years in amongst the surfing scene....

Read more on the blog...

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The Tally Room Wednesday, December 17, 2014 - 10:30 Source

Apart from the extremely close count in Prahran, one of the most interesting races in the recent Victorian state election was the seat of Morwell in eastern Victoria.

The Nationals won Morwell off Labor in 2006, and leading in to the November election the Nationals held the seat by a 13.3% margin. Morwell was the only seat in Victoria where Labor seriously challenged the Nationals for a seat, and it experienced the largest two-party-preferred swing to Labor in the state. The swing to Labor after preferences was 11.5% – the swing was not over 9% in any other seat.

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MacroBusiness Wednesday, December 17, 2014 - 10:28 Source

by Chris Becker David Scutt has the results from Livewires latest survey from financial industry types, including managers traders and SMSF investors. Charts below, but here’s the interesting takeaways: Of the 80% who think RBA will “move” only 8% thought they would hike next year, everyone else says down Financial advisors are least likely to agree, but […]

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The Melbourne Urbanist Wednesday, December 17, 2014 - 10:20 Source

What can we learn from the East West Link debacle?

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MacroBusiness Wednesday, December 17, 2014 - 10:19 Source

By Leith van Onselen A new report by the Actuaries Institute finds that the tax burden and private health insurance costs facing younger generations will rise dramatically in order to pay for the health needs of an escalating number of older Australians: Health care costs rise dramatically with age – health expenditure for an 85 […]

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Popular Science Wednesday, December 17, 2014 - 09:32 Source

A short animation of bright bursts of light shooting past a window pane rocketed to the front page of Reddit today, with good reason.

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Popular Science Wednesday, December 17, 2014 - 09:31 Source

"Today the wreck is broken and filled with mud, and it is a sealed grave in fast, dangerous waters in the main shipping lanes," James Delgado, director of maritime heritage for NOAA's Office of National Marine Sanctuaries said in a press release.

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