Blogotariat

Oz Blog News Commentary
MacroBusiness Thursday, April 20, 2017 - 08:39 Source

By Chris Becker   Oil prices fell swiftly on the surprise build up in US domestic fuel inventories as US stock earnings continue to disappoint, forcing the USD lower against the majors as fear starts to rise across risk markets. The Fed’s Biege book also put pause to inflationary concerns with internal consumer spending mixed

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: 19
MacroBusiness Thursday, April 20, 2017 - 08:30 Source

By Leith van Onselen The ABS last week released dwelling construction data for the December quarter of 2016, which has once again allowed me to track how quarterly approvals, commencements and completions are tracking against population growth across the major markets. But first, the number of dwelling commencements rose by a seasonally-adjusted 0.3% over the

The post Special report: Measuring the dwelling construction boom and bust appeared first on MacroBusiness.

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

Read more Views: 31
The Australian Independent Media Network Thursday, April 20, 2017 - 08:00 Source

By Fran Murrell Monsanto Tribunal: how to stop companies poisoning people, intimidating critics and destroying environments. Companies must be held accountable for human rights abuses Monsanto Tribunal judges stated in their legal opinion, released last night. “Radical advancements” in the rights of companies granted by the WTO, trade treaties, investment law and Investor State Dispute…

The post Monsanto Tribunal appeared first on The AIM Network.

Read more Views: 19
Your Democracy Thursday, April 20, 2017 - 07:24 Source

chemical warfare

A white cloud of pesticides had drifted into Fidelia Morales's back yard, coating her children's swing set.

The 40-year-old mother of five gestured toward the citrus groves that surround her house in California's Central Valley as she recounted when an air blast sprayer sent chemicals floating onto her property last year – landing on her family's red and blue jungle gym.

Read more Views: 6
MacroBusiness Thursday, April 20, 2017 - 07:17 Source

Today Bloomberg wonders why the Aussie dollar is not tracking iron ore: “Really, it should be going lower,” said Andrew Ticehurst, a rates strategist at Nomura Australia Ltd. in Sydney, who notes a declining U.S. dollar is helping prop up the Aussie. “If commodities are falling appreciably and the currency’s not offsetting it, that’s a net tightening

The post Why is the Australian dollar not following iron ore? appeared first on MacroBusiness.

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

Read more Views: 44
MacroBusiness Thursday, April 20, 2017 - 06:08 Source

The USD firmed last night: Commodity currencies were weak: Gold too: Brent was flogged: Base metals rebounded a bit: Big miners mostly didn’t: EM stocks were hit: High yield was OK: US bonds were flat: So were European spreads: And stocks faded: It’s bizarrely calm given what is suddenly at stake, via the FT: French

The post Sudden euro risk as French election convulsed appeared first on MacroBusiness.

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

Read more Views: 25
The Australian Independent Media Network Thursday, April 20, 2017 - 06:00 Source

Thursday 20 April 2017 1 Like many others, I suspect, I was extremely sceptical of G W Bush’s claim that Saddam Hussein had weapons of mass destruction. The accusations always looked a bit sus as we Australians are apt to say. There are even suggestions that Bush knew that there were none. Even United States…

The post Day to Day Politics: When you tell a lie. appeared first on The AIM Network.

Read more Views: 28
MacroBusiness Thursday, April 20, 2017 - 00:25 Source

As said many times, Do-nothing Malcom says all the right things with great panache then drops you cold and does nothing. Recall this: “security is the first responsibility of every government. That is, national security and energy security…What Australians want is a result. They want energy security, energy that is affordable, and we need to

The post Do-nothing Malcolm kicks gas fix into the long grass appeared first on MacroBusiness.

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

Read more Views: 21
MacroBusiness Thursday, April 20, 2017 - 00:20 Source

A few months ago the sadly priced-out denizens of Sydney were told: Premier Gladys Berejiklian has vowed to address the housing affordability crisis, declaring it “the biggest issue people have across the state”. During two years as Treasurer, Ms Berejiklian was criticised for not doing enough to address the soaring cost of housing in Sydney

The post Berejiklian the housing liar tells Airbnb to run riot appeared first on MacroBusiness.

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

Read more Views: 115
North Coast Voices Thursday, April 20, 2017 - 00:16 Source

Chris Corrigan has returned to his old stomping ground.Swap April 2017 for April 1998, Malcolm Turnbull for John Howard, Sally McManus for Greg Combet and Paddy Crumlin for John Coombs and what have you got?Perhaps the start of a replay of the Patrick Corporation Pty Ltd versus Maritime Union of Australia waterfront dispute, in which then Patrick managing director Chris Corrigan and his Liberal-Nationals political allies attempted to kill off the union representing dock and maritime workers at ports around Australia.

Read more Views: 30
MacroBusiness Thursday, April 20, 2017 - 00:15 Source

By Leith van Onselen The announcement on Tuesday that the Turnbull Government would reform Australia’s “skilled” temporary visa system, by abolishing 457 visas in favour of a new stricter visa system, has signaled that the unholy political consensus backing mass immigration and a ‘Big Australia’ is beginning to falter. Yesterday, the Coalition flagged that the

The post How long until the permanent migrant intake is cut? appeared first on MacroBusiness.

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

Read more Views: 47
North Coast Voices Thursday, April 20, 2017 - 00:15 Source

Australia’s very own shape-shifting reptilian* is at it again……………………..Tony Abbott during in parliament in March. Abbott says he is not interested in stoking a bout of ‘political cannibalism’.

Read more Views: 37
MacroBusiness Thursday, April 20, 2017 - 00:14 Source

By Leith van Onselen India has threatened to scuttle a potential ‘free trade agreement’ (FTA) with Australia if the Turnbull Government proceeds with its plan to reform ‘skilled’ temporary visas. From The ABC: Indians make up a quarter of 457 visa holders, the most of any nation. India had been seeking an expansion of approved

The post Immigration must never be included in trade agreements appeared first on MacroBusiness.

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

Read more Views: 36
MacroBusiness Thursday, April 20, 2017 - 00:12 Source

And they say that the Chinese have a problem with fakes: Retail banking staff, including tellers, should no longer receive bonuses for simply hitting sales targets, a review of banking remuneration has found. The Sedgwick Retail Banking Remuneration Review, commissioned by the peak body for Australia’s banks, the Australian Banking Association, has recommended changes to

The post Australian banks are running a fake government appeared first on MacroBusiness.

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

Read more Views: 35
MacroBusiness Thursday, April 20, 2017 - 00:06 Source

From Matthew Stevens this time: …it is not often that Opposition Leader Bill Shorten extracts simple clarity from massive complexity. But he really did hit the nail on its proverbial on Tuesday in saying it is “literally crazy” that export customers are buying Australian gas cheaper than our local companies can. It is widely held

The post More terrible ideas for a failed gas market appeared first on MacroBusiness.

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

Read more Views: 32
MacroBusiness Thursday, April 20, 2017 - 00:05 Source

Iron ore price charts for April 19, 2017:    Spot rebounded. Paper and coking coal futures too. Steel not so much and that’s your clue to the future. Fundies are excited: “At these prices, we think the miners are looking demonstrably cheap,” said Garth Rossler, chief investment officer at Maple-Brown Abbott, who has been topping

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

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

Read more Views: 21
MacroBusiness Thursday, April 20, 2017 - 00:04 Source

Bloombergo: China’s shadow banking is back in full swing, an unintended side effect of the government’s campaign against financial leverage, which has curbed traditional lending and squeezed bond financing. Data from the central bank Friday showed that off-balance sheet lending surged 754 billion yuan ($109 billion) in March, taking the first quarter’s total increase to

The post China moves to rein shadow banks appeared first on MacroBusiness.

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

Read more Views: 24
MacroBusiness Thursday, April 20, 2017 - 00:04 Source

Via Investing in Chinese Stocks. The easing of capital controls is said to follow a boost in confidence, but more likely the currency controls were eased because they were hurting confidence. Whether they work or not, capital controls are a sign of weakness, not strength. Reuters: China relaxes some cross-border capital curbs as yuan steadies:

The post China eases capital controls appeared first on MacroBusiness.

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

Read more Views: 12
MacroBusiness Thursday, April 20, 2017 - 00:01 Source

Global Macro / Markets / Investing: Aggregate Productivity versus Aggregate Technology … Again – Growth Economy Impact of immigration barriers on native workers – VOX Robots Suck at Value Investing – Institutional Investor White House advisers postpone Paris climate deal meeting – Politico Currency Traders Spot Fatal Flaw in Republicans’ Border Tax Plan – Bloomberg Weaknesses in Bitcoin and blockchain

The post Links 20 April 2017 appeared first on MacroBusiness.

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

Read more Views: 24
The Australian Independent Media Network Wednesday, April 19, 2017 - 20:10 Source

By Stephen Tardrew The real kicker in the long run is Shorten and Turnbull supporting the insane Von Trump family who are intent on running the US middle class and poor into the ground while saving themselves by joining the inner circle of US war mongers driven by an out of control Military Industrial Complex.…

The post War and dominance appeared first on The AIM Network.

Read more Views: 37
Your Democracy Wednesday, April 19, 2017 - 17:37 Source

farting about

On April 15, a Navy photo showed the USS Carl Vinson south of its base in Singapore when it was supposed to be headed north towards North Korea per Trump’s orders. Trump said in an interview with FOX on April 9 that he dispatched the supercarrier the day prior to send a powerful message to Pyongyang.

 

 

read more

Read more Views: 17
MacroBusiness Wednesday, April 19, 2017 - 17:30 Source

by Chris Becker Asian stocks are reeling as tensions mount across the Korean peninsula and in response to last night’s poor lead from US markets. Commodities were mixed with a dead cat bounce in iron ore offset by falls in gold and oil. In China, the Shanghai Composite is selling off going into the close,

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: 34
Renew Economy Wednesday, April 19, 2017 - 15:21 Source

SolarQ - comprising fossil fuel industry veterans - plans huge solar farm and battery storage in Queensland in yet another sign that the industry is looking to new technologies to solve old problems. The solar and storage will effectively replace gas peaking plant and deal with massive "flex" in local demand.

Read more Views: 37
Renew Economy Wednesday, April 19, 2017 - 14:53 Source

Acciona Energy breaks ground on Mt Gellibrand wind farm, a $258m project that was fast-tracked after winning a Victorian government tender.

Read more Views: 18
Renew Economy Wednesday, April 19, 2017 - 14:53 Source

Acciona Energy breaks ground on Mt Gellibrand wind farm, a $258m project that was fast-tracked after winning a Victorian government tender.

Read more Views: 40
MacroBusiness Wednesday, April 19, 2017 - 14:28 Source

AFR: Toyota Australia has hitched its wagon to Melbourne’s boom in high-rise living with plans for a massive four-tower apartment project over its dealership just outside the CBD. The proposed development – with more than 1000 apartments earmarked for residents and student accommodation – has taken a step forward, winning endorsement from Melbourne’s city council

The post Toyota builds apartments instead of cars appeared first on MacroBusiness.

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

Read more Views: 35
Renew Economy Wednesday, April 19, 2017 - 14:02 Source

As centralised and distributed energy markets continue to diverge, can the curse of capital allocation be managed in a way that creates value (or at least minimises loss) for shareholders?

Read more Views: 43
Renew Economy Wednesday, April 19, 2017 - 14:02 Source

As centralised and distributed energy markets continue to diverge, can the curse of capital allocation be managed in a way that creates value (or at least minimises loss) for shareholders?

Read more Views: 32
Renew Economy Wednesday, April 19, 2017 - 13:59 Source

Windlab's 240MW Ararat Wind Farm now operating at full capacity, powering 120,000 homes – 37,000 of them in Canberra.

Read more Views: 31
The Australian Independent Media Network Wednesday, April 19, 2017 - 13:43 Source

When I heard that Theresa May had called an election for June 12, I thought, “Well, that’s one way of avoiding all the mess of Brexit. Get voted out!” However, all the news stories I’ve read seem to suggest that she’s expected to win. It’s a strategy to give herself a mandate for Brexit, they…

The post Why Theresa May Called An Early Election And How Tony Abbott Is Helping Turnbull appeared first on The AIM Network.

Read more Views: 117

Pages