Blogotariat

The Australian electricity sector has recorded its biggest jump in emissions since 2001, as coal generators increase output after repeal of carbon price.

The Abbott government is wooing South Australia this week with an eye on the next federal election and the prospect of Nick Xenophon nominating candidates for the lower house.

Chris Weston, Chief Market Strategist at IG Markets It’s generally been an upbeat session here in Asia despite continuation deterioration in oil and inflation expectations. It seems the bulls have had a better say in Australia and China and certainly I think price action in Australia looks quite interesting. I would say even the bulls

The post ASX at the close appeared first on MacroBusiness.

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From Bill Evans: As expected the Reserve Bank Board decided to leave the cash rate unchanged at 2.0%. However, we were very surprised that in the Governor’s statement on the Australian dollar he did not repeat the sentence “Further depreciation seems both likely and necessary” . Since he introduced that language in May, the AUD

The post Bill Evans shocked by RBA appeared first on MacroBusiness.

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Cross-posted from The Conversation: The parliamentary entitlements review called by Prime Minister Tony Abbott on Sunday is to start: … with a blank sheet of paper to provide options on a system that is truly independent. The whole system is up for review. This is welcome. What needs to be done? The first key change

The post Wanted: an independent umpire on pollie entitlements appeared first on MacroBusiness.

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Those of you who follow the crypto-currency scene in Australia may remember that the Australian Taxation Office hasn't always treated the most popular type of crypto-currency, Bitcoin, the way that those involved in its trade would prefer. However, the long-running crypto-currency inquiry by the Senate Standing Committee on Economics may be about to disagree with the ATO.

The article Sorry, ATO: The Senate hearts Bitcoin as a currency appeared first on Delimiter.

NZ network operator launches campaign to give free 3kW solar systems with Tesla Powerwall batteries to 130 households, community groups and schools.

The Reserve Bank has announced another hold for its August meeting: At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. Much of this trend appears to

The post RBA holds, dumps easing bias appeared first on MacroBusiness.

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Obama's Clean Energy Plan will take advantage of rapidly falling costs for renewables, vehicle electrification, and the explosion in big data and information technology.

I'm feeling left out. Apple Music hasn't deleted any of my songs or albums, and the only duplicates I can find in my library were already there – created by an app called Boom. (It's a great audio app which does something to your sound files to make the crappy little speakers on your laptop, or even your desktop, sound way more awesome. Unfortunately it creates amplified copies of the songs to do this. Hence the duplicates all the way through my library).

Big iron started badly today after the London rout but a little help from some puff media and voila commodity prices no longer matter. Or maybe it was the communists buying the Shanghai casino. Either way BHP and RIO are both even but FMG (which is the more sanely priced these days) is down 3%: Idiocy

The post Big iron levitates on MSM hot air appeared first on MacroBusiness.

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So you supported Adam Goodes. Good stuff. But beyond the sporting field, does Aboriginal culture make your spine tingle? Take our simple test.

I have decided to post this annually. You might like to compare lists.

The only book I have read in the past 12 months that might possibly replace one of my top 20 reads is the 2014 Booker prize winner. The Narrow Road to the Deep North by Richard Flanagan.