Blogotariat

Oz Blog News Commentary
Renew Economy Wednesday, June 28, 2017 - 10:04 Source

There is no question now that solar and wind will dominate the future of electricity. The question is how fast.

Read more Views: 8
xkcd.com Wednesday, June 28, 2017 - 10:00 Source

Real analysis is way realer than I expected.

Read more Views: 3
MacroBusiness Wednesday, June 28, 2017 - 09:47 Source

By Leith van Onselen Last week, The ABC reported that available rental supply is being gobbled-up by Airbnb: Airbnb has rapidly taken off in Australia, with 115,000 listings for rooms or entire homes to be rented. But new figures raise concerns that the site is swallowing up properties once available to locals to rent long-term,

The post Landlords declare war on Airbnb appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 16
MacroBusiness Wednesday, June 28, 2017 - 09:39 Source

Via UBS: Innovation projects for FY 18 announced FMG has provided an update on its continued investment in projects to improve safety, productivity and efficiency. Productivity initiatives to include: 1) further roll-out of autonomous haulage technology (AHS or driverless trucks) at the Solomon Hub, 2) rollout of AHS across the Chichester Hub from FY 18

The post Fortescue’s discounting disaster continues appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Wednesday, June 28, 2017 - 09:30 Source

By Leith van Onselen There are many downsides from the Census’ reported 1.9 million (+8.8%) hyper-growth in Australia’s population in the five years to 2016, driven by 1.3 million new migrants, including more congested economic and social infrastructure and less affordable housing in the major cities, as well as increased pressure on Australia’s natural environment.

The post Population ponzi lifts politician numbers appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Wednesday, June 28, 2017 - 09:11 Source

By Chris Becker   So the central banker talkfest in London, plus an incompetent (and cruel to be honest) Republican administration is not giving risk markets any confidence which sold off sharply overnight. Stocks and Treasuries fell as Janet Yellen confirmed the Fed’s resolve to hike, while the USD dropped against the majors, with the

The post Macro Morning appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
MacroBusiness Wednesday, June 28, 2017 - 08:35 Source

By Leith van Onselen Following the reslease yesterday of Australia’s Cenus, Bernard Salt – the self proclaimed “unabashed supporter of a bigger Australia” – has penned a triumphant piece hailing the emergence of a ‘Big Australia’ and the so-called enrichment of the major cities. From The Australian: Australia is like a ship casting aside its

The post Salt of the ponzi bathes in ‘Big Australia’ lies appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 28
MacroBusiness Wednesday, June 28, 2017 - 08:34 Source

Via the ABC: Federal Opposition Leader Bill Shorten has vowed to reverse cuts to Sunday penalty rates if Labor wins the next election. Mr Shorten made the pledge at an Australian Council of Trade Unions conference in Sydney, as workers in the retail, hospitality and fast-food sectors prepare for a reduction in their take-home pay

The post Shorten fiddles while wages burn appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 23
MacroBusiness Wednesday, June 28, 2017 - 07:29 Source

By Leith van Onselen The Australian Bankers Association (ABA) has released a new report arguing against the South Australian bank levy on the grounds that the Australian banks pay the largest amount of corporate tax in Australia: “In terms of tax paid, it is banks first, daylight second. Banks make the highest contribution by far

The post Banks pay the most tax. So what? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 25
MacroBusiness Wednesday, June 28, 2017 - 07:17 Source

Last night the Aussie was weak against USD and weaker still against EUR: It was firmer against other EMs: Brent jumped:   Gold was flat: Base metals jumped: Big miners too: EM stocks were hit: And high yield was weak: Treasuries were hammered: And European bonds: While stocks cracked: It was a tale of four

The post Return of the commodities pain trade? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 19
MacroBusiness Wednesday, June 28, 2017 - 07:13 Source

Recall the recent spray from Rob Burgess at LVO: One of the issues certain to feature in the next federal election is Australia’s rampant population growth, more than half of which is due to immigration. It’s a vexed debate because it is usually conducted just a hair’s breadth away from xenophobia or blatant racism –

The post Burgess drops racism labels, attacks foreign property buying appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 23
The Australian Independent Media Network Wednesday, June 28, 2017 - 07:11 Source

If there is one thing Tony Abbott hates, it’s consensus.  He would much rather have a fight than fix a problem, as shown by his speech yesterday to the IPA where he said Australia “plainly, is not working as it should” and that “we are letting ourselves down”. So what are his suggestions? Whilst bemoaning…

The post Who needs experts when we have Tony Abbott appeared first on The AIM Network.

Read more Views: 19
MacroBusiness Wednesday, June 28, 2017 - 06:44 Source

Via Banking Day: Westpac has swung the axe on a range of alternative mortgages marketed by its Bank of Melbourne and Bank SA subsidiaries. In identically worded memos sent to mortgage brokers on Tuesday, BoM and Bank SA announced that their fixed and variable rate low doc home loans would be withdrawn from sale on

The post Westpac pulls low doc, battens down the hatches appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 40
The Australian Independent Media Network Wednesday, June 28, 2017 - 06:00 Source

Wednesday 28 June 2017 1. Tony Abbott lost the leadership of his party and the Prime Ministership for a number of reasons. He was/is a liar of monumental proportion, appallingly incapable, but mainly he didn’t have character. Character is a combination of traits that etch the outlines of a life, governing moral choices and infusing…

The post Day to Day Politics: Abbott rears his head again. appeared first on The AIM Network.

Read more Views: 29
MacroBusiness Wednesday, June 28, 2017 - 05:16 Source

There is nothing more precious in this life than your reputation. Not least if you are an auditor! Does anyone remember Arthur Anderson? Via the AFR: Government regulator the Professional Standards Councils has confirmed that public practice CPAs in Victoria will lose their protection from multimillion-dollar malpractice lawsuits, and that CPAs in other states and territories are also

The post Has the cult of the Naked CEO sunk the CPA? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 30
MacroBusiness Wednesday, June 28, 2017 - 05:16 Source

Via the AFR: Malcolm Turnbull must put more conservatives in the cabinet and demote Christopher Pyne if he wants to hang on to his leadership and prevent civil war, senior conservatives say. As Tony Abbott stepped up his campaign to topple Mr Turnbull with a provocative speech over policy direction, the Prime Minister sought to

The post Loon Pond bubbles over appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 24
George Monbiot Wednesday, June 28, 2017 - 01:53 Source

Another deadly tree disease threatens these islands, but the government will do nothing to keep it out.

By George Monbiot, published in the Guardian 21st June 2017

The less you care, the better you will do. This has long been the promise of conservative politics on both sides of the Atlantic. People who couldn’t give a tinker’s cuss about the consequences of their actions are elevated to the highest levels of government. Their role is to trash what lesser mortals value.

Read more Views: 28
George Monbiot Wednesday, June 28, 2017 - 01:00 Source

The Grenfell Tower inferno is what deregulation looks like.

By George Monbiot, published in the Guardian 15th June 2017

For years, successive governments have built what they call “a bonfire of regulations”. They have argued that “red tape” impedes our freedom and damages productivity. Britain, they have assured us, would be a better place with fewer forms to fill, fewer inspections and less enforcement.

Read more Views: 26
MacroBusiness Wednesday, June 28, 2017 - 00:20 Source

By Leith van Onselen The release yesterday of the ABS population data for the 2016 Calendar year revealed some inconvenient truths for the Victorian economy. This data showed that Victoria’s population surged by an Australian record 146,628 people in the 2016 calendar year, representing a population growth rate of 2.40%: The State Government has been

The post Victoria is a rat on the turbocharged immigration treadmill appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 32
North Coast Voices Wednesday, June 28, 2017 - 00:16 Source

 

 

Read more Views: 27
North Coast Voices Wednesday, June 28, 2017 - 00:15 Source

 
Three different prime ministers and three very different statements.

Read more Views: 32
MacroBusiness Wednesday, June 28, 2017 - 00:05 Source

Iron ore price charts for June 27, 2017: Tianjin benchmark roared 6% to $59.10. Coal is calm. Steel too. The trigger of course was this, via SCMP: China would like foreign businesses to keep their profits in the country and reinvest them, Premier Li Keqiang said in his keynote speech at the World Economic Forum

The post Daily iron ore price update (headfake) appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 25
MacroBusiness Wednesday, June 28, 2017 - 00:01 Source

Global Macro / Markets / Investing: Assessing Global Imbalances: The Nuts and Bolts – IMF Unemployment insurance and reservation wages – VOX Tariffs on Solar Panels Could Slow Industry Growth by 66% – Bloomberg Sharing Economy: Why Blockchain Might Be Next Big Thing for Office Rental – Coin Telegraph Bitcoin, Ether Lead Digital Currency Slide

The post Links 28 June 2017 appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 31
Digitopoly Tuesday, June 27, 2017 - 22:56 Source

Here is an article I wrote forecasting what Canada might be like in 150 years.
Canada +150: Energy fuels Star Trek economy
File 20170616 545 1uqpblcWilliam Shatner as Star Trek’s Captain James T. Kirk is depicted on a commemorative stamp issued by Canada Post in 2016.
Handout/Canada Post

Read more Views: 57
The Australian Independent Media Network Tuesday, June 27, 2017 - 19:34 Source

By Brian Morris Decades of Census bias – on the question of ‘Religious Affiliation’ – is not fully resolved. Australia is more than 50 percent ‘religion-neutral’, but full ‘secular democracy’ remains a minefield of covert religious politics. A FREE eBook here, explains this dilemma. But results from this 2016 census may just be the catalyst…

The post Only one Census error corrected – but we’re ‘Religion Neutral’ appeared first on The AIM Network.

Read more Views: 30
The Australian Independent Media Network Tuesday, June 27, 2017 - 18:55 Source

By Bob Rafto One thing about the good old days is that if you remember them you are getting long in the tooth. (Now that’s a term you don’t hear much of these days and I suppose it belongs to the era of the good old days). The good old days for me is the…

The post The good old days … when we could afford electricity appeared first on The AIM Network.

Read more Views: 38
Antony Green's Election Blog Tuesday, June 27, 2017 - 18:19 Source

South Australia is set to lose a seat and Victoria and the ACT to gain seas ahead of the next Federal election.

Read more Views: 37
MacroBusiness Tuesday, June 27, 2017 - 16:30 Source

by Chris Becker Its been a fairly unexciting session in Asia today following the mixed but still positive lead from Wall Street overnight. Most Asian share markets finished in the green, but only just as most traders and algos steer into the financial conferences tonight in London, inching and dicing on each word said by

The post Macro Afternoon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 33
Prosper Australia Tuesday, June 27, 2017 - 15:19 Source

The West Australian National Party is like a dog with a bone when it comes to taxing the big iron ore miners, unbowed by their resounding defeat in the state election. Their plan is simple: increase the iron ore royalty from 25c to $5.00 a tonne and spend as much as possible in the bush […]

Read more Views: 33
John Quiggin Tuesday, June 27, 2017 - 15:18 Source

Here’s my latest weekly email. If you want to be added to the recipient list email me at johnquiggin1@mac.com

Read more Views: 34

Pages