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Oz Blog News Commentary
The Mugwump Post Tuesday, June 27, 2017 - 14:54 Source
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The Mugwump Post Tuesday, June 27, 2017 - 14:53 Source

Around six months ago WordPress sent a reminder that The Post was four years old.
What to write to mark the occasion?
Expansions and contractions as a theme, perhaps a prediction or two?
Contractions were easy enough.

Turnbull? Nothing to see here. Gone by December.

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The Australian Independent Media Network Tuesday, June 27, 2017 - 14:30 Source

I have railed long and loud on blog sites with accusations of treason leveled at certain members of the MSM. I have been deadly serious about these claims and I do believe action must be taken against the most egregious culprits who first sought to demoralize and destroy the Gillard government in the eyes of…

The post Time to tick a few boxes on MSM ‘treason’ appeared first on The AIM Network.

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Renew Economy Tuesday, June 27, 2017 - 13:59 Source

On same day as major industrial project goes 100% renewables, Abbott calls for freeze on RET, ban on wind farms, and for government to build a new coal generator.

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Renew Economy Tuesday, June 27, 2017 - 13:59 Source

On same day as major industrial project goes 100% renewables, Abbott calls for freeze on RET, ban on wind farms, and for government to build a new coal generator.

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Renew Economy Tuesday, June 27, 2017 - 13:55 Source

Hydro Tasmania has reached in-principle agreement to buy electricity from the proposed Granville Harbour wind farm on Tasmania’s west coast.

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Renew Economy Tuesday, June 27, 2017 - 13:50 Source

New York grid operator says future grid will not only become more decentralized and de-carbonized, but it will increasingly be bi-directional, if not multi-directional.

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Renew Economy Tuesday, June 27, 2017 - 13:50 Source

Australians overwhelmingly want our country’s energy system to be powered by renewables because they see it as the “economically smart” thing for Australia’s future.

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Renew Economy Tuesday, June 27, 2017 - 13:46 Source

Victoria’s Ararat Wind Farm was officially opened today with a ceremony in Ararat to mark the completion of the 240MW wind farm.

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Renew Economy Tuesday, June 27, 2017 - 13:29 Source

AEMC wants fast control response on all new generation, recognises that settings on old fossil fuel plant may be a problem, but differs with Finkel of "generator obligation" model.

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MacroBusiness Tuesday, June 27, 2017 - 13:24 Source

By Leith van Onselen The ABS released its Australian demographic statistics for the December quarter of 2016, which revealed that Australia’s overall population growth rate has accelerated led by unprecedented growth in Victoria, which has once again obliterated records. According to the ABS, Australia’s population rose by 1.55% in the year to December 2016 to

The post Victorian immigration ponzi goes completely mad appeared first on MacroBusiness.

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Renew Economy Tuesday, June 27, 2017 - 13:22 Source

Community energy entrepreneurship could help deliver Finkel’s recommendations — especially distributed and independent power systems.

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MacroBusiness Tuesday, June 27, 2017 - 13:18 Source

Dalian just went sick: Big Iron is following: The trigger appears to be a speech by Chinese Premier Li Keqiang in which described the momentum of world economic recovery as “insufficient“: Anti-globalisation voices emerging World political risks on the rise Momentum of world economic recovery insufficient economic growth needs to ensure fairness, sustainability limiting trade

The post Iron ore rockets as Li Keqiang backs growth appeared first on MacroBusiness.

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Renew Economy Tuesday, June 27, 2017 - 13:07 Source

APA gets approval for new 130MW wind farm which will form part of major wind-solar renewable energy hub 200kms north of Perth.

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MacroBusiness Tuesday, June 27, 2017 - 12:53 Source

He sure ain’t going away: Tony Abbott has delivered a stinging rebuke to the Turnbull Government sharpening his own vision for the country and politics in Australia, promising he is “in no hurry to leave public life because we need strong liberal conservative voices now, more than ever”. In an address delivered in Brisbane this

The post Abbott: Cut immigration to take pressure off houses and wages appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 12:42 Source

By Leith van Onselen As a teaser to next week’s Member’s Special Report examining the Census data as it pertains to the housing market, below are some interesting summary charts showing the change in the composition of home ownership and renting over the past 20-years at the national level. First, the overall home ownership rate

The post Census 2016: Rise and rise of generation rent appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 12:25 Source

From Bloxo today: Sentiment indicators show a stark gap between businesses and consumers. While surveyed business conditions are around decade-highs and business confidence is well above average, consumer confidence is below average. Importantly, it’s not just a confidence effect – growth in household spending has been sluggish. The main drivers appear to be weak growth

The post Bloxo sees wages boom, baby, boom! appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 12:16 Source

And now for CBA: Commonwealth Bank recognises the importance of ensuring borrowers can sustain a strong path to property ownership and will be reducing our owner-occupier standard variable rate for those repaying principal and interest. From 7 July, customers paying off the home they live in will benefit from a lower standard variable rate of

The post CBA pounds specufestors with more hikes appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, June 27, 2017 - 11:00 Source

By John Barker A very long rave. I’m getting quite anxious about “things”. My Sunday was book-ended by two “science experiences” that spoke volumes about the future of our civilisation: how can we survive if we don’t know what we’re doing? The morning bookend was David Stapleton, an Adelaide-based “science communicator” presenting on ABCRN’s program…

The post Einstein, Eddington, and public understanding of Science appeared first on The AIM Network.

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MacroBusiness Tuesday, June 27, 2017 - 10:59 Source

Via the AFR: Westpac Group is set to whack self-managed superannuation fund property investors with tougher rates, policies and processes in the lead up to this weekend’s changes to caps on lucrative tax concessions being imposed by the federal government. The changes will also coincide with the Westpac and subsidiaries, Bank of Melbourne, BankSA, St

The post Westpac slams brakes on SMSF specufesting appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 10:55 Source

From Citi:  The oil bears look to have taken perhaps their final fling as money manager net positioning as a percentage of open interest fell to ~7% and just ~1% above the all-time low in 1Q’16 when oil prices fell below $30/bbl. Money managers have a record level of short positions open on ICE

The post Oil bottoming? appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 10:36 Source

First, Market Matters (whoever they are): According to Market Matters analysts it’s not a crazy idea. Miners traditionally outperform during the upcoming period and after considerable pressure there could be a buying opportunity in some mining names. “Locally the market continues to underperform with stocks down by 1 per cent last week versus the US

The post Every man and his dog says buy miners appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 10:15 Source

By Leith van Onselen The ABS has just released the Census 2016 data, which reveals that Australia’s population ballooned by 1.9 million people (+8.8%) in the five years to 2016, driven by a 1.3 million increase in new migrants. The key data is provided in the below tables: Melbourne’s population surged by an insane 485,200

The post Census reveals a fast growing, changing nation appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 09:54 Source

By Leith van Onselen A fortnight ago, several labour market experts raised concern about the proliferation of unpaid internships, which risked becoming a black market for slave labour. Today, The ABC has picked up on the theme: Unpaid internships are increasingly becoming the default way of beginning a professional career in Australia. According to the

The post More warnings about unpaid internships slave labour appeared first on MacroBusiness.

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Renew Economy Tuesday, June 27, 2017 - 09:32 Source

Victoria hydroponics vegetable producer plans massive expansion, backed by a new 196MW wind farm and 20MW of battery storage.

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Renew Economy Tuesday, June 27, 2017 - 09:32 Source

Victoria hydroponics vegetable producer turns to 100% renewable strategy for country's biggest glass-house after nearly abandoning project due to gas prices. A 196MW wind farm and 20MW of battery storage will be built - separate to the Victoria battery storage tender.

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MacroBusiness Tuesday, June 27, 2017 - 09:30 Source

By Chris Becker   Walk quietly and listen carefully to central bank doublespeak was the name of the game last night on risk markets as most stocks finished in scratch or slightly up mode on each side of the Atlantic. A big dump in the gold price and on e-currencies was the only real action

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 09:12 Source

Chinese iron ore port inventories are out for last week and we saw another rise of 2.5mt to 141.45mt, a new world record: Proof positive, if any more were needed, that the iron ore glut is so large that the price cannot hold up unless inventories accumulate. And then, of course, there is this: The

The post Chines iron ore port stocks reach for the stars appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 27, 2017 - 09:07 Source

By Leith van Onselen Amid anger within Victoria over the lack of infrastructure funding from Canberra, the Turnbull Government this morning announced that it would provide an additional $500 million in funding for Victoria’s regional rail network. From The Australian: Prime Minister Malcolm Turnbull this morning pledged an extra $500 million of federal funds in

The post Turnbull government to invest extra $500m in Victorian rail appeared first on MacroBusiness.

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The Melbourne Urbanist Tuesday, June 27, 2017 - 08:53 Source

Anthony Albanese gets it wrong on traffic congestion. Australian cities need politicians who’ll tell us what’s really going on and what really needs to be done Has Albo really found a hollow log?

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