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MacroBusiness Friday, January 30, 2015 - 01:20 Source

From Soc Gen’s Wei Yao via FTAlphaville: …a look at the composition of borrowers and lenders reveals the secret behind this exceptional stability. Government bonds, local and central taken together, are barely more than 20% of GDP and households, with 80% of GDP deposits, account for another 20% of GDP debt. Corporates are the biggest borrowers, […]

The post China’s state of debt deteriorates appeared first on MacroBusiness.

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MacroBusiness Friday, January 30, 2015 - 01:01 Source

The post Links January 30 2015 appeared first on MacroBusiness.

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Friday, January 30, 2015 - 00:29 Source

And you thought Workchoices was bad. Be grateful you’re not a foreign worker doing construction for a company run by a BRW 200 Rich Lister.

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Friday, January 30, 2015 - 00:18 Source

The Australian 29 January 2015:NORMALLY, opposition parties are forced to cope with life in the wilderness. Not now.

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Friday, January 30, 2015 - 00:18 Source

This is the most revealing political response to media questioning since Tony Abbott's silent head bobbing incident.Here is Queensland LNP MP Ray Stevens in the Brisbane Times on 22 January 2015:Seemingly unaware he was being filmed, Mermaid Ray flapped, waved and bopped his way through a reporter's question about his investment and consulting involvement in a $100 million Gold Coast cable car project.Video by Ind

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Friday, January 30, 2015 - 00:15 Source

CSIRO Climate Change Projections 2015EAST COAST SOUTH PROJECTION SUMMARIESRAINFALLDecreases in winter rainfall are projected with medium confidence.

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The Australian Independent Media Network Thursday, January 29, 2015 - 18:55 Source

When I made various predictions about Mr Abbott’s time as PM, there were those that scoffed. But I hate to say I told you so.

Ok, all right, he hasn’t actually declared the ACT the true Vatican City, and declared that not only is he the one, true Pope, but I consider the Prince Philip thing slightly less likely. And slightly more bizarre. So I’m putting that one down as a win.

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The Political Sword Thursday, January 29, 2015 - 18:30 Source

On Saturday, 13 September 2008 Ad astra wrote: ‘This is the first posting of The Political Sword blog. Its focus is Australian politics. It is intended to give expression to those who have opinions about contemporary political events. In particular it will provide a forum for exposing deception among politicians, bureaucrats and commentators. ‘The people deserve to know the truth about political decisions, how and why they were made, and about those who made them.

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The Tally Room Thursday, January 29, 2015 - 16:30 Source

Pumicestone1-2PPPumicestone is an LNP seat in the Moreton Bay area, covering parts of Bribie Island and areas between Bribie Island and Caboolture.

The LNP’s Lisa France holds Pumicestone by a 12.1% margin, after winning the seat in 2012 with a 17.1% swing.

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MacroBusiness Thursday, January 29, 2015 - 16:19 Source

Chris Weston, Chief Market Strategist at IG Markets Central banks’ battle to control disinflationary pressures continues in earnest, with the Federal Reserve acknowledging lower inflation expectations. Expectations for a February rate cut in Australia have also dramatically increased. To be fair, the Fed statement was quite nuanced and, while inflation ‘declined further’ below the Committee’s […]

The post ASX at the close appeared first on MacroBusiness.

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Thursday, January 29, 2015 - 15:29 Source

A Melbourne synagogue is trying to break down the barriers between faith and people with diverse sexual or gender identities. Max Chalmers reports.

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MacroBusiness Thursday, January 29, 2015 - 15:14 Source

From The Australian: Just in case things weren’t clear enough after Fortescue’s (FMG) quarterly production report this morning, CEO Nev Power spells it out on the conference call: Fortescue has no intention of cutting mine production, has no intention of mandating banks for an asset sale, and its not actively pursuing the sale of stakes […]

The post FMG to dig its hole deeper appeared first on MacroBusiness.

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Thursday, January 29, 2015 - 15:14 Source

Lunchrooms aren't always for eating, as a Melbourne-based food flavouring company is finding out the hard way. Thom Mitchell reports.

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Thursday, January 29, 2015 - 14:48 Source

With just two days left to the polls, Ben Eltham analyses the good, the bad and the vindictive that has been life under Campbell Newman.

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The Tally Room Thursday, January 29, 2015 - 14:30 Source

Kallangur1-2PPKallangur is an LNP seat to the north of Brisbane, covering the suburbs of Petrie, Kallangur, Murrumba Downs, Dakabin, Kurwongbah and parts of Narangba.

The LNP’s Trevor Ruthenberg won Kallangur in 2012 with a 17% swing, and he now holds the seat by a 12.4% margin.

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Renew Economy Thursday, January 29, 2015 - 13:59 Source

Renewables represent an opportunity for mines to save money and boost reliability.

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Renew Economy Thursday, January 29, 2015 - 13:58 Source

The energy market is riddled with rules and regulations that lock in a future for assets that will not be required in the new world.

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Renew Economy Thursday, January 29, 2015 - 13:56 Source

Currently, there is not a single wind turbine generating even a watt of electricity in American waters , but that could soon change.

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Renew Economy Thursday, January 29, 2015 - 13:51 Source

A dozen graphs to show success of Germany's energy transition - as renewable source rise, coal burning, emissions, and wholesale prices have all fallen.

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Renew Economy Thursday, January 29, 2015 - 13:46 Source

It's no secret Qld solar supporters are disgruntled with the Newman government, but could the solar vote decide the outcome of the election?

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Thursday, January 29, 2015 - 13:46 Source

One of the downsides of small publishing is that you can never expose ALL the folk you think deserve it. Patience is the key.

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Thursday, January 29, 2015 - 13:46 Source

One of the downsides of small publishing is that you can never expose ALL the folk you think deserve it. Patience is the key.

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MacroBusiness Thursday, January 29, 2015 - 13:45 Source

From Crikey’s Pollbludger: With just two days to go to the election, Queensland politics appears to be headed into uncharted waters, with Premier Campbell Newman’s grand gamble on his precarious inner-north Brisbane seat of Ashgrove looking increasingly like a busted flush. If a poll conducted the night before last by ReachTEL for the Seven Network […]

The post QLD revolution to behead Comrade Campbell? appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, January 29, 2015 - 13:32 Source

After a string of ghoulishly inappropriate tweets it seems the irrepressible Rupert it is at it again. With very own his media empire poised and ready to dedicate swathes of precious air time to his every hashtag, it’s no surprise that the man cant keep his hands off his twitter account.

But given his latest round of tweets one has to wonder what on earth is Murdoch up to?

tweet murdoch

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Renew Economy Thursday, January 29, 2015 - 13:23 Source

US utility NRG Energy to sell solar directly to consumers in Colorado, via a JV with a local group to develop 8.2MW of community solar.

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The Australian Independent Media Network Thursday, January 29, 2015 - 13:20 Source

Has Australia ever elected a Prime Minister so ignorant of technology, the environment and science? So divorced from the growing need to fix inequality in all its forms. So oblivious of the needs of women and so out of touch with a modern multicultural pluralist society?

The answer is probably not. Those of us who have followed his political career and to whatever extent, his private life, and have written about it, will not be surprised with current events. His unsuitability for the position of Prime Minister of Australia has been known to us for some time.

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MacroBusiness Thursday, January 29, 2015 - 13:15 Source

Cross-posted from The Conversation. Australia’s federal government has made a major political error, possibly terminal, in asking the Productivity Commission (PC) to inquire into industrial relations. Before the 2013 election, the strategy of the Coalition appeared to be to say as little as possible, especially about industrial relations. It would then go to the 2016 […]

The post PC review could bring Coalition unstuck appeared first on MacroBusiness.

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MacroBusiness Thursday, January 29, 2015 - 13:12 Source

The post Iron ore miner idiocy spreads soar! appeared first on MacroBusiness.

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Renew Economy Thursday, January 29, 2015 - 13:02 Source

On 1 January 2015, Austria’s “ban” on imports of nuclear power went into effect as planned.

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MacroBusiness Thursday, January 29, 2015 - 12:46 Source

I guess that means me and you lot. At least they’re reading you. Though, for future reference, I hate coffee. The same genius, NSW Nationals MP Michael McCormack, reckons that Dead Duck “should visit a country pub to get an “honest appraisal” of how the government can improve.” I’m not sure he’d come out again. Every die-hard Lib that […]

The post Lib condemns “latte-sipping, keyboard warriors” appeared first on MacroBusiness.

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