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MacroBusiness Tuesday, February 10, 2015 - 14:56 Source

By John Browne, cross-posted from Euro-Pacific Capital Once again the crisis in Greece is threatening the unity of the entire euro zone. Many analysts are asking what must be done to restore viability to the Union’s weakest link. Lost in this discussion is that modern Greece, formed in 1830, has never really been required to […]

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MacroBusiness Tuesday, February 10, 2015 - 14:32 Source

The post Iron ore shares reach for imbecility appeared first on MacroBusiness.

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Drag0nista's Blog Tuesday, February 10, 2015 - 14:16 Source

Until Abbott accepts that at the heart of his government’s woes is a reform agenda seen as misguided and unfair, his prime ministership remains in peril. Article for The Hoopla.Filed under: Politics Tagged: Budget, leadership, prime minister, The Hoopla, Tony Abbott

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MacroBusiness Tuesday, February 10, 2015 - 14:15 Source

The post China inflation crashes appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 10, 2015 - 13:18 Source

By Leith van Onselen Today, The AFR and The Australian are reporting that the Coalition’s submarines policy is in a state of confusion after Prime Minister Abbott promised South Australian senators that the Australian Submarine Corporation (ASC) would be allowed to compete in a “competitive evaluation process” for the submarines contract, in exchange for their […]

The post Abbottalypse hits submarines policy appeared first on MacroBusiness.

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Renew Economy Tuesday, February 10, 2015 - 12:49 Source

A 1.2GW portfolio of Australian solar projects sold last week for zero, reflecting policy uncertainty created by the federal government.

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Renew Economy Tuesday, February 10, 2015 - 12:49 Source

A staged plan to build what would be the largest solar PV plant in Australia – and possibly the largest yet proposed in the world – has been granted planning approval in Queensland.

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Renew Economy Tuesday, February 10, 2015 - 12:49 Source

The Murdoch media is keen to take advantage of Tony Abbott's reprieve to push through a cut to the RET. But they should get their facts right.

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Renew Economy Tuesday, February 10, 2015 - 12:49 Source

The Murdoch media is keen to take advantage of Tony Abbott's reprieve to push through a cut to the RET. But they should get their facts right.

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Renew Economy Tuesday, February 10, 2015 - 12:26 Source

Energex says another 2,345 Queensland households installed solar in January, despite fact they get little or nothing for power exported to the grid.

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Renew Economy Tuesday, February 10, 2015 - 12:24 Source

Prices in Germany down by a fifth in January, due to record wind production, with energy prices lower in Germany than other major markets in Europe.

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Renew Economy Tuesday, February 10, 2015 - 12:22 Source

A major backer of the US Republican Party is a major funder of the think tank of Danish climate science contrarian and fossil fuels advocate Bjørn Lomborg.

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Renew Economy Tuesday, February 10, 2015 - 12:22 Source

Duke Energy to invest up to $225 million into commercial solar projects developed by REC Solar.

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The Australian Independent Media Network Tuesday, February 10, 2015 - 12:10 Source

Aah, Queensland, a place where you can always get what you want – depending, of course, who your local State member is. Loulou Monsoon reports on a prime example involving the newly elected leader of the Queensland LNP, Lawrence Springborg.

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MacroBusiness Tuesday, February 10, 2015 - 12:07 Source

A few charts from Morgan Stanley today nicely illustrate Chinese steel woes. First, apparent consumption: Apparent consumption is a measure of steel consumption without incorporating changes in inventories, thus it is a good guide to demand, which is falling. There are two reasons why, one cyclical the other structural. The former is the result of the shakeout […]

The post A snapshot of Chinese steel woes appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 10, 2015 - 11:51 Source

The post Pre-Abbottalypse NAB business survey weak appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 10, 2015 - 11:46 Source

The post ABS: House price inflation slowing appeared first on MacroBusiness.

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Popular Science Tuesday, February 10, 2015 - 11:36 Source

One of the better improvements of newer cars has been the addition of advanced safety features--including things like collision detection, lane change alerts, and more. But if you've got an older car, you've been missing out on these new improvements. That's where the crowdfunded CarVi hopes to come in, by bringing safer driving options, as well as driving assessment features, to older or less high-end automobiles.

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Popular Science Tuesday, February 10, 2015 - 11:36 Source

The scientist who figured out how to make organs see-through and how to control brain cells with laser light is getting a shiny new award today. Psychiatrist Karl Deisseroth, a Popular Science Brilliant 10 alumnus, is getting the Lurie Prize in Biomedical Sciences.

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MacroBusiness Tuesday, February 10, 2015 - 11:20 Source

Ah the irony! From Bloxo:   – We expect continued strong national housing price growth, of 7-8% in 2015, driven by record low mortgage rates – Housing construction is also set to pick-up strongly, with a new record of 200k dwellings approved in the past year – Given the recent RBA cut, the risk of […]

The post Bloxo warns of property bubble appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 10, 2015 - 11:14 Source

By Leith van Onselen Peter Drysdale, Editor of the East Asia Forum, has written a stinging rebuke of the Australia-US Free Trade Agreement (AUSFTA), which he claims has come at a high price to Australia, and also cautioned against the US-led Trans-Pacific Partnership (TPP) agreement, which is currently being negotiated between the US and 11 […]

The post Beware so-called “free trade” with the US appeared first on MacroBusiness.

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The Melbourne Urbanist Tuesday, February 10, 2015 - 10:48 Source

More overreach on the problem of high-rise towers?

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Tuesday, February 10, 2015 - 10:30 Source

Four prime ministers in five years and the distinct possibility of a fifth at some point in the near future. It is one of a…

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MacroBusiness Tuesday, February 10, 2015 - 10:29 Source

By Leith van Onselen The ANZ-Roy Morgan Research (RMR) consumer confidence index was down for a third consecutive week, falling 0.7 points to 111.7 in the week ended 8 February, to be tracking just below the long-run average (see next chart). According to ANZ chief economist, Warren Hogan: Confidence in the economic outlook over the […]

The post Consumer confidence falls again appeared first on MacroBusiness.

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Tuesday, February 10, 2015 - 10:22 Source

In an utterance as asinine as ‘the real Julia’ Abbott proclaimed, ‘Good government starts today!’ — in contrast, it now seemed, with the quarrelsome shambles of the last five hundred and twenty days, a period longer than the Dictatorship of Julius Caesar. In an already legendary interview with Leigh Sales, about six of him evaded the difficult question, ‘Who ARE you?’, licking dry lips and winking, about, oh, eleven times.

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Tuesday, February 10, 2015 - 10:07 Source

The SA Government has announced a Royal Commission into nuclear energy. In the first in an NM series, Rob Parker, president of the Australian Nuclear Association offers suggestions for six areas of focus.

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Tuesday, February 10, 2015 - 09:54 Source

It’s hard to pick where health policy will go now under the Federal Government, with a new Minister and the likely shift (mark 3?) on a GP co-payment – if not because they accept the evidence against it but because of the politics. But...

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MacroBusiness Tuesday, February 10, 2015 - 09:39 Source

David Uren captures the real import of the great Abbott makeover today: The government appears to be at a loss to know what to do. It failed to make the case for savings with populist crossbenchers and a Labor Party determined to be as intransigent as the Coalition had been in opposition under Abbott’s leadership. […]

The post Dead Duck locks in property crash to save self appeared first on MacroBusiness.

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Tuesday, February 10, 2015 - 09:24 Source

When Joshua Dabelstein gave birth to a herb named Tony, he never reckoned on the pain the young plant would inflict.

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MacroBusiness Tuesday, February 10, 2015 - 09:10 Source

The post Macro Morning (Grexitch) appeared first on MacroBusiness.

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