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MacroBusiness Tuesday, October 22, 2019 - 00:01 Source

Global Macro / Markets / Investing: US Federal Reserve starts “quantitative easing forever” – WSWS Saudi Arabia’s Best Bet Is to Crash the Price of Oil – Bloomberg Brexit Deal Failure Will Rattle Markets … – Stock Market News Global economy: ‘we must do everything possible’ to avoid global ‘fracture’ caused by US-China tensions, urges

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Renew Economy Monday, October 21, 2019 - 20:28 Source

emissions increase power station coal stacksEnvironment department concedes Australia stands alone on Kyoto carryover units, and cannot name 'technology improvements' supposed to deliver big emissions reductions.

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The Australian Independent Media Network Monday, October 21, 2019 - 20:00 Source

By 2353NM   Those that demonstrated around the world for ‘Extinction Rebellion’ recently have certainly been making headlines. Pity it is for the wrong reasons. On an intellectual level, their point is sound — unless there is meaningful and urgent efforts across the world to mitigate climate change, there is an environmental (and by inference economic)…

The post Protest tactics matter appeared first on The AIM Network.

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The Australian Independent Media Network Monday, October 21, 2019 - 19:16 Source

Most of you probably saw Monday’s papers which contained words interrupted by large blocks of ink suggesting that the inbetween bits had been redacted. Of course, they hadn’t because if you read the printed words, they still made sense so the whole thing was a little contrived. Personally, I’m not sure that it was the…

The post Sometimes Even Censorship Doesn’t Help… appeared first on The AIM Network.

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Renew Economy Monday, October 21, 2019 - 18:04 Source

First Chinese-made electric vehicles heading to Australia, offering new competition in lower to middle price points.

The post Is Australia about to get its first Chinese electric vehicle? appeared first on RenewEconomy.

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Renew Economy Monday, October 21, 2019 - 17:57 Source

Sydney-based Fonzarelli unveils new electric scooter dubbed "Arthur" after the sitcom character from Happy Days.

The post Fonzarelli unveils entry-level electric scooter – “Arthur” appeared first on RenewEconomy.

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Renew Economy Monday, October 21, 2019 - 17:12 Source

Rooftop solar helps push operational demand to a new record low in the renewable state of South Australia.

The post Rooftop solar pushes South Australia grid demand to new record low appeared first on RenewEconomy.

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The Australian Independent Media Network Monday, October 21, 2019 - 16:03 Source

“I saw it happen an’ that’s how I knows it … and I know why it happened … an’ I’m sorry it didn’t happen a long time ago, back when they could’ve made something with it.” Swertzy took a drag on his cigarette again and settled into the chair outside the Sedan Post Office and…

The post Ted and Edie dance the Rumba appeared first on The AIM Network.

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MacroBusiness Monday, October 21, 2019 - 16:00 Source

A better than expected day on stock markets across Asia despite the poor lead from Wall Street on Friday night as the weakening in USD and co-ordinated volatility in currency markets abated on the Monday morning gap open. A lack of data throughout the session and later tonight is seeing some stability come back to

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Monday, October 21, 2019 - 15:27 Source

Snowy hydro 2.0 tumut power station senate estimatesSnowy management defends Snowy 2.0 pumped hydro scheme, telling an estimates hearing the economics stack up and rejecting claims the project would affect the national park.

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Renew Economy Monday, October 21, 2019 - 15:05 Source

IEA data smashes another renewables myth, showing that they account for a far smaller portion of global demand for minerals and metals than fossil fuels – particularly coal.

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MacroBusiness Monday, October 21, 2019 - 15:02 Source

Via Gottiboff today: Relations between Australia and China have rarely been worse and there has been a sudden slump in the buying of Australian real estate by mainland Chinese—led by lower demand for Sydney apartments. There are fears the real estate downturn may extend to education and tourism –an escalation that is almost certain if

The post Gottiboff demands kow tow as China property buyers in “sudden slump” appeared first on MacroBusiness.

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Renew Economy Monday, October 21, 2019 - 15:01 Source

Roof with solar panels - optimised rebatesDistributed solar to be largest source of capacity additions in next five years, utility-scale PV, onshore wind and hydropower.

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Renew Economy Monday, October 21, 2019 - 14:42 Source

Tasmania's 112MW Granville Wind Farm on track to start sending power to the grid in December, with the first of its 31 turbines nearing completion.

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MacroBusiness Monday, October 21, 2019 - 14:40 Source

From Roy Morgan Research: Surveyed in September, Australians as a whole said they expected inflation to increase by 4% annually over the next two years. This is up very slightly (0.1%) on how they were feeling the previous month, but it is down a little (0.3%) on their expectations a year earlier. However there was

The post Inflation expectations collapse appeared first on MacroBusiness.

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MacroBusiness Monday, October 21, 2019 - 14:20 Source

Reserve Bank of Australia (RBA) governor, Philip Lowe, has told an International Monetary Fund meeting in Washington that the Australian economy appears to be on track to return to its trend growth rate in 2020, which should put downward pressure on the unemployment rate and gradually boost wages. From The Australian: “I don’t think it’s

The post RBA propaganda: Australian wages to magically lift in 2020 appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, October 21, 2019 - 14:07 Source

By RosemaryJ36   I think we will all go to hell in a hand-basket, nor necessarily metaphorically speaking, if we cannot rapidly learn to distinguish between the relative merits of religion, ethics and morality. First – Religion: After all, despite the conviction of our current Prime Minister – miracles do not happen. I qualify that by…

The post Morality appeared first on The AIM Network.

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MacroBusiness Monday, October 21, 2019 - 14:00 Source

Some hope for new developments from Stockland: Still very mixed and quite weak. I don’t know why VIC is so weak. Perhaps the secondary market bust is still weighing on demand.

The post Stockland property sales grind higher appeared first on MacroBusiness.

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MacroBusiness Monday, October 21, 2019 - 13:40 Source

Pig’s bottom, at the AFR: A Chinese state-owned entity will seek to revive a $9.7 billion mining rail and port project in Western Australia, in a move that could unlock the nation’s next iron ore export province. Sinosteel has acquired Japanese giant Mitsubishi’s interests in the long-stalled Oakajee Port and Rail project, in a deal

The post China about to launch new Pilbara development! appeared first on MacroBusiness.

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MacroBusiness Monday, October 21, 2019 - 13:26 Source

The fade continues for Chinese data. This time new home prices which eased to 0.53% on the month and 8.4% on the year: All city tiers are slowing though lower remains stronger: Breadth of price gains is falling away at a good pace now, down to 44 cities with rising prices and 26 with flat

The post Chinese house prices fade away appeared first on MacroBusiness.

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MacroBusiness Monday, October 21, 2019 - 13:20 Source

CBA interest rate strategists, Jarrod Kerr and Adam Donaldson, claim that mass immigration is Australia’s “fountain of youth” and will prevent housing prices from falling. From The Australian: Back in January 2017, the interest rate strategists at the Commonwealth Bank published a Global Markets Research paper called Demography is Destiny for Interest Rates, But Immigration

The post CBA: Mass immigration will keep Australian housing unaffordable appeared first on MacroBusiness.

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MacroBusiness Monday, October 21, 2019 - 13:00 Source

Last week, Labor attracted scorn from union leaders after the party’s caucus voted to support the federal government’s proposed free-trade agreements (FTAs) with Indonesia, Hong Kong and Peru. The key area of contention is that the Indian and Peru FTAs include working rights, which would expand the number of temporary migrant workers in Australia by

The post Unions declare war on Labor over FTA treachery appeared first on MacroBusiness.

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Renew Economy Monday, October 21, 2019 - 12:42 Source

Australia would need to close almost all coal-fired generators by 2030 to meet the Paris Agreement coals, new research has shown.

The post Most of world’s coal power stations must close by 2030 to meet Paris target appeared first on RenewEconomy.

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MacroBusiness Monday, October 21, 2019 - 12:40 Source

The tidal wave of high-rise apartments built across the East Coast has left recent buyers of off-the-plan apartments drowning in negative equity, according to new research from CoreLogic. This research shows that more than half of newly constructed off-the-plan apartments in Sydney and Melbourne were worth less than the owners bought them for, whereas nearly

The post Off-the-plan apartment buyers drown in negative equity appeared first on MacroBusiness.

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MacroBusiness Monday, October 21, 2019 - 12:20 Source

The head of Victoria’s cladding safety agency, Dan O’Brien, claims that 35% of buildings audited have flammable cladding, and has likened the problem to asbestos: Mr O’Brien said the Statewide Cladding Audit by the Victorian Building Authority had inspected 2300 buildings since it began in 2017, with 805 found to have aluminium composite panels or

The post Flammable cladding the new asbestos appeared first on MacroBusiness.

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MacroBusiness Monday, October 21, 2019 - 12:00 Source

As reported last week, via SCMP: A building frenzy in southern China’s answer to Silicon Valley has driven the vacancy in Grade A offices to a record high, putting the squeeze on part-time developers whose blind inexperience have led them into the industry. A record 1.79 million square metres (19.27 million sq ft) of vacancy, equivalent

The post More China’s trade war empty offices appeared first on MacroBusiness.

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Renew Economy Monday, October 21, 2019 - 11:53 Source

Rather than a hedge, regulators should encourage wind and solar generators to connect early through lower access charges to help unlock the lack of investment in network infrastructure.

The post Here’s how to get Australian renewables into the zone appeared first on RenewEconomy.

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MacroBusiness Monday, October 21, 2019 - 11:40 Source

Via Banking Day: The Australian Taxation Office can disclose tax debt information to credit reporting agencies, following the passage of a tax bill last week. Under normal circumstances, it is an offence for a taxation officer to disclose protected information that has been acquired by them as a taxation officer. Under the new law, included

The post ATO threatens to drop tax debt bomb on specfestor tradies appeared first on MacroBusiness.

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Renew Economy Monday, October 21, 2019 - 11:38 Source

tesla battery hornsdaleTesla big battery at Hornsdale has just earned its biggest monthly revenue from wholesale markets.

The post Tesla big battery at Hornsdale earns record revenue in September 2019 appeared first on RenewEconomy.

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MacroBusiness Monday, October 21, 2019 - 11:20 Source

The ease with which Labor can win the next federal election is nicely illustrated today by two stories. The first is that ScoMo’s polling is very weak for a honeymoon period PM as the weak economy drags him down. The second is captured nicely by Peter van Onselen: The Australian Electoral Commission has released data

The post Labor must merge with One Nation to win appeared first on MacroBusiness.

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