Blogotariat

Oz Blog News Commentary
Renew Economy Friday, May 19, 2017 - 12:35 Source

France's new energy minister says nuclear industry business model belongs to the past. His appointment expected to hasten transition towards renewables.

Read more Views: 35
MacroBusiness Friday, May 19, 2017 - 12:34 Source

As expected, from Reuters: China’s financial deleveraging will continue given that a regulatory clampdown on risky lending hasn’t “achieved its goals”, a state-run newspaper said in a commentary on Wednesday. The Economic Daily, which is run by China’s cabinet, published the article just days after Premier Li Keqiang said China is capable of maintaining stability

The post Chinese deleveraging campaign continues appeared first on MacroBusiness.

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

Read more Views: 47
Renew Economy Friday, May 19, 2017 - 12:25 Source

Queensland enjoys favourable sunshine hours that support both domestic and large-scale solar assets - but what about wind?

Read more Views: 46
John Quiggin Friday, May 19, 2017 - 12:20 Source

After a long break, it’s time for another weekend reflections, which makes space for longer than usual comments on any topic. Side discussions to sandpits, please. Absolutely no personal criticism of other commenters.

Read more Views: 54
Renew Economy Friday, May 19, 2017 - 12:12 Source

Most of the gas that is ‘cheap’ to extract has been or is being extracted, so ensuring more supply won't bring the price of gas down.

Read more Views: 50
MacroBusiness Friday, May 19, 2017 - 12:08 Source

Dalian is stable so far today: Big Iron is rallying as CS tells all that iron ore is going back to $70: Big Gas is down despite oil: Big Gold too: Big Debt is getting creamed again. I mean, what’s a bubble-exposed, semi-nationalised, ex-growth, bank worth? Less that 15x times that’s for sure. Most utilities

The post Q: What’s an ex-growth, bubble bank worth? A: Less appeared first on MacroBusiness.

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

Read more Views: 53
Renew Economy Friday, May 19, 2017 - 12:03 Source

The Federal Coalition's refusal to tackle climate change means we need to see more political leadership from state governments such as Victoria. 

Read more Views: 55
Renew Economy Friday, May 19, 2017 - 11:57 Source

Greenough River, the first large-scale solar farm to be built in Australia, is going ahead with plans to quadruple in size.

Read more Views: 54
MacroBusiness Friday, May 19, 2017 - 11:51 Source

From the CBA: Effective from Monday 22 May, the bank will offer the following reduced discounts for new owner occupied and investor home loans with interest only payments: A reduced discount offered through the Home Loan Pricing Tool (HLPT) for new home loan and investment home loans with IO payments The elimination of any discount

The post CBA tightens on interest-only again, again, again appeared first on MacroBusiness.

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

Read more Views: 47
MacroBusiness Friday, May 19, 2017 - 11:48 Source

By Leith van Onselen More good work from Chris Joye today, who has estimated that the Big Five banks receive more than $5 billion in subsidies from taxpayers every year. From The AFR: So Standard & Poor’s has confirmed that Scott Morrison’s gutsy budget saved Australia’s coveted AAA rating… A downgrade of the sovereign rating

The post Joye: Banks get $5b annual taxpayer subsidy appeared first on MacroBusiness.

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

Read more Views: 95
MacroBusiness Friday, May 19, 2017 - 11:26 Source

By Leith van Onselen Former Prime Minister, Tony Abbott, has labelled his Government’s 2014 Budget as the “gold standard” for Budget repair, and argued the latest Federal Budget, released last week, is “the budget you have to have” given the current Senate composition. From The Australian: “The 2014 budget was the gold standard in terms

The post Abbott deluded as ever on Budget repair appeared first on MacroBusiness.

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

Read more Views: 124
MacroBusiness Friday, May 19, 2017 - 11:21 Source

Coking coal has done almost the full round trip now as today it has fell right back to $160 per tonne: More from CS: No spot trades, but the spot index falls anyway Plummeting headline spot prices would suggest a violent oversupply of coking coal despite QLD production still in recovery from the Cyclone outage.

The post Coking crash goes full circle appeared first on MacroBusiness.

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

Read more Views: 46
MacroBusiness Friday, May 19, 2017 - 10:57 Source

By Leith van Onselen Over the past 20 years, net overseas migration into the UK has surged from below 100,000 to around 300,000 people annually: Much like in Australia, this surge in immigration has created all manner of problems for the incumbent UK population, including massively expensive housing (especially in London, where most migrants go),

The post UK Tories’ immigration reform a good model for Australia appeared first on MacroBusiness.

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

Read more Views: 47
MacroBusiness Friday, May 19, 2017 - 10:43 Source

From Credit Suisse today: The output gap is at levels historically consistent with another cash rate cut. We believe there is a case for multiple cuts, because our measure of the output gap is based on upwardly-biased labour market data, and probably understates the degree of slack in the economy. Employment quality was even more

The post Credit Suisse slams ABS numberwang, calls multiple rate cuts appeared first on MacroBusiness.

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

Read more Views: 68
Popular Science Friday, May 19, 2017 - 10:35 Source

After an announcement Wednesday at Google I/O, the Google Assistant is now available on iPhones in the United States. The tool shares space, with Siri—relegated to being a smart sibling who's not allowed to come out and play as much as you want it to.

Read more Views: 51
Popular Science Friday, May 19, 2017 - 10:35 Source

Tinder and Bumble would be a lot more effective if you could sniff your potential matches before swiping. Better yet, if you could smell them and hear them. Forget complex matching algorithms—just invent a way to spritz the person's scent while you listen to them talk or read aloud (pro tip: go for “May I Feel Said He” by e.e. cummings, especially if you sound like Tom Hiddleston).

Read more Views: 49
Popular Science Friday, May 19, 2017 - 10:35 Source

Humans aren't the only creatures who flock to tropical areas. In general, biodiversity increases the closer you get to the equator. That's somewhat obvious—just think how many more plants and animals live in the rainforest than in the Arctic. But what's not obvious is how that latitudinal trend affects interactions between species.

Read more Views: 86
Popular Science Friday, May 19, 2017 - 10:35 Source

It looks like chaos inside a commercial aviary. In these cage-free barns, thousands of squawking chickens flap between perches, grabbing food on one level, rolling in dust on another, and laying eggs in the nesting areas.

Read more Views: 56
Popular Science Friday, May 19, 2017 - 10:35 Source

ISIS is, by all appearances, fighting a losing war. The ultraviolent pseudo-state in Iraq and Syria stunned the world with a series of victories in 2014, but since then it's been rolled back by a coalition of forces from Kurdish fighters to American airstrikes to a regrouped Iraqi Security Forces, and is losing territory daily. Beset on all sides, the embattled extremists are turning to technology for salvation.

Read more Views: 53
Popular Science Friday, May 19, 2017 - 10:35 Source

Members of the House of Representative Committee on Science, Space & Technology—including representative Don Beyer (VA), Jacky Rosen (NV), Mark Takano (CA), and a number of other Democrats—have signed and submitted a letter to President Trump expressing concern over the President's methods of receiving scientific information.

Read more Views: 52
MacroBusiness Friday, May 19, 2017 - 10:31 Source

From Morgan Stanley today: Bottom line: USD has come under broad selling pressure(following inflation expectations) and is now trading below the level when US President Trump was elected. In the near term, the market should trade USD lower into next Wednesday’s expected testimony from Comey. The longer-term story is about growth expectations. EUR should stay

The post Morgan Stanley: Stocks pivot to Europe appeared first on MacroBusiness.

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

Read more Views: 40
xkcd.com Friday, May 19, 2017 - 10:00 Source

According to these blood tests, you're like 30% cereal.

Read more Views: 9
MacroBusiness Friday, May 19, 2017 - 09:53 Source

By Leith van Onselen Statistics New Zealand has released its permanent & long-term migration figures for April 2017, which revealed that annual net permanent and long-term migration into New Zealand remained near an all-time high at 71,885 people: According to Statistics New Zealand, migrant arrivals numbered 129,800 in the April 2017 year, versus departures of

The post Record immigration creates more pain for NZ Government 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 Friday, May 19, 2017 - 09:53 Source

Great video here from CSIS on China’s upcoming Party Congress: Economic question about reform or not posed at 56 minutes. My baby, The Diplomat, appearing just afterwards…

The post Will Xi Jinping accelerate economic reform post-Congress? appeared first on MacroBusiness.

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

Read more Views: 29
MacroBusiness Friday, May 19, 2017 - 09:00 Source

By Chris Becker   The economic data finally beat out the political embroglio with better than forecast initial jobless claims and the Philly Fed print helping short sellers re-evaluate the risk off scenario. US stocks rebounded while European bourses continued to selloff with futures suggesting a small uptick on Asian markets on the open this

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
Your Democracy Friday, May 19, 2017 - 07:38 Source

a taxing time at Hillsong ...

Read more Views: 39
MacroBusiness Friday, May 19, 2017 - 07:28 Source

DXY rose overnight: Commodity currencies fell. BRL was poll-axed on political strife: Gold eased: Brent firmed: Base metals still look weak: Big miners were mixed: EM stocks were poll-axed by Brazil: High yield plods on: US bonds were sold a little: European spreads widened: US stocks were bid while European eased earlier: Buy the f’n

The post Buy the f’n impeachment! 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 Friday, May 19, 2017 - 06:30 Source

Kurzarbeit is a German term describing its particular labour market mechanism for dealing with periodic overcapacity: Short-time working or short time is a situation or system in which civilian employees agree to or are forced to accept a reduction in working time and pay. The term can refer to short-term, recession-related programs operating in several

The post As Aussies sacrifice, leaders rort 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 Friday, May 19, 2017 - 06:29 Source

By Leith van Onselen The Turnbull Government has agreed to review occupations that are currently on the banned list under its new skilled visa system. Large companies and business groups have been asked to submit job titles they want to be reviewed to the Immigration Department as soon as possible. Occupations that are likely to

The post A better way to manage ‘skilled’ temporary 457 visas appeared first on MacroBusiness.

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

Read more Views: 26
The Australian Independent Media Network Friday, May 19, 2017 - 05:53 Source

Friday 19 May 2017 It has been known for years that besides the terrible incarceration inflicted on people who have not committed any crime it has been the conservatives intent to make their conditions so deplorable that they just give up. Bleak and brutal conditions are fashioned so as to break the spirit and dehumanise…

The post Day to Day Politics: It’s all just so obscene. appeared first on The AIM Network.

Read more Views: 45

Pages