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Wednesday, February 11, 2015 - 18:23 Source

Pressure is growing on Prime Minister Tony Abbott to add justice targets to the nation’s Closing The Gap strategy to work to reduce the current rate of Indigenous incarceration – although he showed no signs of interest today as he handed...

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MacroBusiness Wednesday, February 11, 2015 - 15:58 Source

Stan Shamu for Chris Weston, Chief Market Strategist at IG Markets Greece back in focus as leaders meet Asia hasn’t quite managed to maintain the momentum seen in European and US markets. Some of the optimism from yesterday’s disappointing China CPI reading seems to have swiftly waned with investors perhaps coming to terms with the […]

The post ASX at the close appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2015 - 15:29 Source

NHMRC study finds no direct link between exposure to wind farm noise and damage to human health.

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Prosper Australia Wednesday, February 11, 2015 - 15:15 Source

Last night I attended the Melbourne City Council’s Future Melbourne Meeting to speak on the dangers the Andrews Government rating cap has placed on council revenue raising. Cr Stephen Mayne had an interesting motion that caught my eye via twitter: Future Melbourne Committee Agenda item 7.6 10 February 2015 Notice of Motion, Cr Mayne: Land […]

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MacroBusiness Wednesday, February 11, 2015 - 15:13 Source

By Leith van Onselen From The ABC comes news that the Federal Government will tighten monitoring and compliance around foreign investment in Australian agricultural land: Prime Minister Tony Abbott said… foreign investment must be in Australia’s national interest. …from March 1, the Commonwealth will lower the threshold for scrutiny of farmland sales by the Foreign […]

The post Coalition to tighten foreign agricultural investment appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 11, 2015 - 14:53 Source

The post New home finance moderating appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2015 - 14:30 Source

Wind and solar will prove most economically viable energy source in Asia, and renewables could provide 100% of electricity needs.

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MacroBusiness Wednesday, February 11, 2015 - 14:21 Source

Cross-posted from The Conversation: Of all the questions that have emerged about the future make-up of Australia’s new submarine fleet, one has been conspicuous by its absence: do we actually need them in the first place? No doubt strategic hardheads will dismiss such a question out of hand, but it’s worth thinking about the supposed […]

The post Does Australia need a new submarine fleet? appeared first on MacroBusiness.

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Wednesday, February 11, 2015 - 14:20 Source

One of the nation's most respected Aboriginal women - and a member of the Abbott Government's all powerful advisory council - has taken aim after another failed report card.

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Renew Economy Wednesday, February 11, 2015 - 14:17 Source

AGL Energy says investment in renewable energy in Australia will remain at standstill, even if government and Opposition reach new bipartisan deal on revised RET. That's because there is too much coal capacity.

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MacroBusiness Wednesday, February 11, 2015 - 14:13 Source

From DEEWR: The Department of Employment’s new Monthly Leading Indicator of Employment (the Indicator) has fallen for the fifth consecutive month in February 2015 and has now fallen for 11 of the last 13 months. While just short of the six consecutive monthly falls in the Indicator needed for confirmation of a turning point, it is possible that […]

The post DEEWR jobs leading indicator falls again appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2015 - 14:09 Source

Reports link power price pain to Australia's "extraordinarily high" network costs; and privatisation of state-owned networks won't offer relief.

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Renew Economy Wednesday, February 11, 2015 - 13:53 Source

Copper mine in Western Australia to install large solar array and batter storage to cut diesel use - one of large such projects in the world.

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MacroBusiness Wednesday, February 11, 2015 - 13:45 Source

The post South Australia talks sense on property taxes appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 11, 2015 - 13:00 Source

So, now we know (if there was ever any doubt) that interest rate cuts will keep boosting the housing market, especially via the huge investor bubble. The macroeconomic situation of the nation is now extraordinarily perilous, suspended between a commodity super-cycle bust on the one hand and a tearaway eastern states housing bubble on the […]

The post APRA must rein property or risk 1890s crash appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2015 - 12:52 Source

The first solar PV plant of more than 100MW to be built in Australia is expected to begin generating electricity next month.

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Wednesday, February 11, 2015 - 12:36 Source

A report examining serious allegations of sexual assault in a detention centre is yet to be released. It's not the only one the Coalition is sitting on.

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Renew Economy Wednesday, February 11, 2015 - 12:32 Source

Ever wondered what a mass flight of capital might look like when the big end of town finally decides that the fossil fuel industry is coming to an end? The collapse of the shale oil industry in the US might give an insight.

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Renew Economy Wednesday, February 11, 2015 - 12:22 Source

AGL says battery storage already an "interesting" proposition for energy consumers, predicts massive change in energy markets.

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MacroBusiness Wednesday, February 11, 2015 - 12:20 Source

From Justin Smirk at Westpac: The Westpac-Melbourne Institute Unemployment Expectations Index fell 1.9% in Feb. The index has fallen in 8 of the last 12 months to be down 5.2% in the year. Recall that a lower (higher) reading from the index indicates reduced (increased) concern around the labour market. In trend terms, the index […]

The post Unemployment expectations improve in February appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2015 - 12:15 Source

Apple and First Solar to build 130MW solar farm – possibly biggest US plant built for commercial purpose: to supply the tech giant's California operations.

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MacroBusiness Wednesday, February 11, 2015 - 11:55 Source

The post Housing finance rockets! appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 11, 2015 - 11:30 Source

The post Destined to become the ‘Dumb Country’ appeared first on MacroBusiness.

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Popular Science Wednesday, February 11, 2015 - 11:28 Source

Last week members of the British House of Commons passed a bill legalizing mitochondrial DNA transfers--a process that combines three different sets of DNA to create an embryo. That means one day, it could be possible for children in the United Kingdom to have DNA from three parents.

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Popular Science Wednesday, February 11, 2015 - 11:28 Source

One parking lot in Massachusetts is witness to a tremendous amount of robo-evolution: outside the office of Boston Dynamics, where the robot-building company routinely tests its latest creations.

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Popular Science Wednesday, February 11, 2015 - 11:28 Source

Yesterday, security consultant Mark Burnett released 10 million passwords and corresponding usernames in a data set he made using existing information. And he promises it's for the greater good.

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Popular Science Wednesday, February 11, 2015 - 11:28 Source

France has a drone problem. Someone keeps flying the remote-controlled devices over French nuclear reactors, which continued even after the country arrested some drone enthusiasts. So far 13 of the country's 19 facilities have been buzzed.

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Popular Science Wednesday, February 11, 2015 - 11:28 Source

It's time for a holiday. Everyone piles into the car and heads over the river and through the woods to Grandmother's house 488 miles away. Google says it will take you seven and a half hours to get there. Google lies.

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MacroBusiness Wednesday, February 11, 2015 - 11:24 Source

I can’t bring you this news directly after I was cut from Charlie Aitken’s mailing list following some prophetic criticism of his disastrous oil and iron ore forecasts but at least he still appears to be reading MB. From the SMH: Both the Baltic Dry Index and RBA cash rate are below levels seen at […]

The post Charlie Aitken sees Australian dollar swoon appeared first on MacroBusiness.

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Renew Economy Wednesday, February 11, 2015 - 11:23 Source

PG&E filed a proposal yesterday for $654m in ratepayer dollars to build 25,000 EV charging stations across its service area in northern and central California.

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