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Tuesday, May 5, 2015 - 12:07 Source

Stand between a university and $600,000 and you could find yourself in court, like this student organisation has.

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Tuesday, May 5, 2015 - 12:07 Source

Stand between a university and $600,000 and you could find yourself in court, like this student organisation has.

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MacroBusiness Tuesday, May 5, 2015 - 12:02 Source

And why not? The major’s are cutting production, there are green shoots in China and the US dollar is falling. The super cycle is back! Except that this is fantasy and what is actually happening is a short term steel mill restock amid a giant and growing iron ore glut. But it’s the former drivel

The post Iron ore equity inflates! appeared first on MacroBusiness.

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Renew Economy Tuesday, May 5, 2015 - 11:37 Source

Australia set a new record for wind energy output on Tuesday morning, breaking above 3GW for the first time.

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MacroBusiness Tuesday, May 5, 2015 - 11:35 Source

The Dun and Bradstreet business expectations survey is out and faded on the month across all measures. Sales: Profits: Capex: Employment:      And selling prices: I am of the view that this survey is pretty useless given it illustrates a consistent pattern of actual conditions predicting expectations, not the reverse.

The post D&B business survey fades appeared first on MacroBusiness.

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MacroBusiness Tuesday, May 5, 2015 - 11:13 Source

According to a State Department memo (released by WikiLeaks), Li Keqiang (then the Party Committee Secretary of Liaoning) told a US ambassador in 2007 that the GDP figures in Liaoning were unreliable and that he himself used three other indicators: the railway cargo volume, electricity consumption and loans disbursed by banks. Keqiang index thus combines these

The post The Li Keqiang index is not well appeared first on MacroBusiness.

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MacroBusiness Tuesday, May 5, 2015 - 10:55 Source

From the AIG: After two months of mild expansion, conditions in the services sector eased in April 2015. The seasonally-adjusted Australian Industry Group Australian Performance of Services Index (Australian PSI®) declined marginally by 0.5 points to 49.7 points this month, signalling broadly stable conditions across the services industry.  On the other hand, the three-month moving average for

The post Services PMI stalled appeared first on MacroBusiness.

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Tuesday, May 5, 2015 - 10:37 Source

Months after the Coalition refused to back an inquiry into the abuse of workers on holiday visas, devastating details of the practice have come to light.

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MacroBusiness Tuesday, May 5, 2015 - 10:22 Source

by Chris Becker On this morning ABC AM program, ex-RBA and current HSBC Chief Economist Paul Bloxham stated he thinks the RBA will hold fire for the third month in a row, as fears mount of igniting the housing bubble further: Well that’s certainly a part of the story we’ve got in mind. They face

The post Bloxo says RBA should hold appeared first on MacroBusiness.

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Renew Economy Tuesday, May 5, 2015 - 10:03 Source

CTO Peter Rive on how a $5,000 battery, co-financed with solar, can break open markets and serve grid-edge needs.

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Tuesday, May 5, 2015 - 10:01 Source

It is possible my repeated threats that O’Shannessy would go to gaol very soon has caused his employer, Murdoch, to ditch his company, Newspoll, and replace it with David Briggs’s Galaxy.

I pointed out for many, many months that redistributing preferences as they were in 2013, when PUP still favoured the Coalition, and some ‘Windsor Independents’ had not yet become disgusted with Abbott’s ongoing ramshackle mendacity, and not ringing mobiles though half of all young voters used nothing else, was criminally deceptive.

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Renew Economy Tuesday, May 5, 2015 - 09:56 Source

Galilee Basin proposals are being derailed by dramatic changes in thermal coal market, and Adani's ambitious plans for modernisation.

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Renew Economy Tuesday, May 5, 2015 - 09:55 Source

Electricity generation in UK in 2014 fell by 6.7%, but low-carbon electricity increased to a record high, as did renewable energy.

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Renew Economy Tuesday, May 5, 2015 - 09:54 Source

Digging out the detail behind the hype of the Tesla Power Wall and what it could all mean.

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MacroBusiness Tuesday, May 5, 2015 - 09:46 Source

by Chris Becker ANZ has followed Westpac this morning with its first half profit result which along with a positive Wall Street lead should drag the financials up this morning. The headline and bottom line results look very firm: first-half profit rose 3.4% net profit of $3.51 billion (up from $3.39 billion) cash profit up

The post ANZ boosts profit but margins squeezed appeared first on MacroBusiness.

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MacroBusiness Tuesday, May 5, 2015 - 09:44 Source

From ANZ/Roy Morgan: BECAUSE I’M (NOT) HAPPY • Consumer confidence fell 2.8% last week, fully reversing the bounce in the previous week. Looking through the weekly volatility, confidence has been trending lower since late last year and remains below long-run average levels. • The deterioration last week was fairly broad-based, with particular weakness in confidence

The post Roy Morgan consumer confidence hits new low appeared first on MacroBusiness.

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Popular Science Tuesday, May 5, 2015 - 09:33 Source

Bought a drone, and want to fly it legally, but have no idea where to do that? A new map created by drone hobbyists and enthusiasts aims to be an atlas, laying out the legal landscape for piloting unmanned vehicles.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

The J-11D Flanker fighter is the latest Flanker variant, and with an AESA radar, may be even more advanced that its Russian counterpart, the Su-35.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

Airline travel can often feel like a game of roulette when it comes to your luggage: It gets lost, misrouted, or even confused for someone else's suitcase. But a collaboration between technology giant Samsung and luggage purveyor Samsonite could put an end to that, thanks to the same technology utilized in our smartphones.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

Cervical cancer kills about 4,000 women per year. Although those numbers are lower than they have been in the past, almost all of these deaths are entirely preventable. Cervical cancer is cased by certain strains of the human papillomavirus, or HPV, which is transmitted by sexual contact, causing normal cells to become cancerous over time. Cervical cancer has become much less deadly in recent years, due, in part, to more frequent and sophisticated screening methods.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

This is no garage-built hotrod. NASA's Greased Lightning, a 10-engine tilt-wing airplane, successfully completed a mid-air switcheroo from vertical, helicopter-like takeoff to level, airplane-like flight, and then back to vertical for the landing. It's as systematic, hydromatic, and ultramatic as a tilt-wing drone can get.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

Men with beards know that their facial hair can do more than just keep their faces warm in the winter. Beards can show how manly you are or save crumbs from your lunch.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

Want to know a secret? First, knock on wood, and whatever you do, don't tell the hurricanes, ok? This news might inspire them to pick up the pace, and we wouldn't want that.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

Calorie counting has been helped a lot by the sharp uptick in personal technology, and one team wants to make the process even easier by swapping out your ordinary china with its new SmartPlate.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

Over the past few years, research and some high-profile incidents have illuminated the harmful long-term effects that concussions can have on football players' brains.

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Popular Science Tuesday, May 5, 2015 - 09:32 Source

Like trying to map the clouds, the legal and regulatory landscape of unmanned aerial vehicles in the United States is subject to frequent change. Projects like AirMap are attempting to map that world, but it's new changes from the FAA that might clear the runway for drone users.

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MacroBusiness Tuesday, May 5, 2015 - 09:17 Source

From the high priest of Triguboffinomics, Gotti, at Dad’s Army: For the first time in many years leading apartment developers have become very nervous about a pending fall in the values of Sydney and Melbourne apartments plus parts of the suburban residential housing market in both cities. Already, prices of inner city Sydney apartments have

The post Triguboffinomic panic! appeared first on MacroBusiness.

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MacroBusiness Tuesday, May 5, 2015 - 09:02 Source

From the Madometer at Dad’s Army: The Australian dollar hasn’t done a great deal since the Reserve Bank of Australia’s February rate cut. In fact it has pushed a little higher, hitting a peak of just over US80c. Not that this is unusual mind you, it’s the same sort of price action we saw in the

The post Madometer signals rate cuts, falling dollar appeared first on MacroBusiness.

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The Melbourne Urbanist Tuesday, May 5, 2015 - 08:57 Source

Should cycling on footpaths be legal?

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MacroBusiness Tuesday, May 5, 2015 - 08:43 Source

By Chris Becker It was green across the board in risk markets last night, save bonds which continued to sell off with the 10 year Treasury yield rising to 2.14% and German bund yields surging up to 0.46%, a near doubling in little under a month. Recapping Asia’s Monday session, the Shanghai Composite continued to

The post Macro Morning (all green) appeared first on MacroBusiness.

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