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Renew Economy Monday, March 30, 2020 - 12:08 Source

hyundai kona electricHyundai's Kona Electric and Ioniq can now be booked under subscription model from Northern Beaches auto dealer Col Crawford.

The post Sydney car dealer makes electric cars available on subscription appeared first on RenewEconomy.

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Renew Economy Monday, March 30, 2020 - 12:07 Source

The rise of primary energy use and CO2 emissions over four decades across 70 countries is not closely correlated with increases in life expectancy, a new study finds.

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Renew Economy Monday, March 30, 2020 - 12:06 Source

Genex says Kidston pumped hydro project in north Queensland certain to go ahead after landing a re-worked deal with EnergyAustralia.

The post Australia’s first pumped hydro project in 40 years gets green light appeared first on RenewEconomy.

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MacroBusiness Monday, March 30, 2020 - 12:00 Source

According to Roy Morgan Research, 69% of Australians claim they are self-isolating due to the coronavirus: Over two-thirds of Australians (69%) claim they are following Government directives to self-isolate as much as possible to fight the coronavirus COVID-19 pandemic. However, 31% say they were ‘not’ self-isolating according to a special Roy Morgan Snap SMS survey

The post Not enough Aussies are self-isolating to stop virus appeared first on MacroBusiness.

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John Quiggin Monday, March 30, 2020 - 11:54 Source

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

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MacroBusiness Monday, March 30, 2020 - 11:40 Source

Labor’s immigration spokesperson, Kristina Keneally, has once again attacked the blatant rorting of Australia’s immigration system by Chinese using online tourism visas to arrive in Australia by plane before applying for asylum: Labor’s spokesperson for immigration says a change to the tourist visa application process has led to an almost 700 per cent spike in

The post Labor: Chinese rorting Australia’s online tourism visas appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 11:20 Source

Only six weeks ago, we witnessed the entire higher education lobby vigorously attack the federal government’s ban on Chinese arrivals to stop the spread of the novel coronavirus. Once their demands were rejected, we then witnessed Australia’s universities effectively transform into people smugglers, offering grants of up to $7,500 to Chinese students to help fund

The post After evading international student ban, unis shut down appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 11:19 Source

Evans Dixon warns: Another one bites the dust: “significant reduction in the market value of funds under advice” Give Switzer a call.

The post Evans Dixon warns of “significant reduction” in funds appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 11:00 Source

From One Nation Friday: China Must Be Held Accountable for the Coronavirus Pandemic ===== A statement from One Nation leader Senator Pauline Hanson When the dust settles, Australia needs to seriously rethink how we progress the growth of our nation and pay back what will most likely be one trillion dollars of debt. The Coronavirus

The post After the virus, One Nation may rule Australia appeared first on MacroBusiness.

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xkcd.com Monday, March 30, 2020 - 11:00 Source

We're not not trapped in here with the coronavirus. The coronavirus is trapped in here with us.

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MacroBusiness Monday, March 30, 2020 - 10:51 Source

The Aussie dollar is still firm this morning after a brief hiccup: The bond bid is back bigly: XJO is trying hard not to fall: Big Iron is mostly off Big Gas should be at new lows because oil is: Big Gold yawn: Big Banks are trying: Big Realty too: Because you can’t talk down

The post ASX bath of blood pushed back appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 10:40 Source

Throughout 2019, MB warned that Australia’s construction industry was facing heavy job losses. The main driver of this projected fall in construction jobs was dwelling construction, which fell by 12.8% in the 2019 calendar year: On Friday, the ABS released quarterly employment data by industry, which showed that construction jobs instead hit a fresh all-time

The post Construction jobs boomed into virus bust appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 10:33 Source

We’ve already seen it in Italy, now the UK, via The Tele: Intensive care for coronavirus patients is now being limited to those “reasonably certain” to survive, a major NHS London trust has conceded. A department head at Imperial College Healthcare revealed on Sunday that fewer and fewer marginal patients are being selected for ventilator treatment because so

The post Battlefield triage arrives in UK appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 10:20 Source

There’s this one: And there’s this one: That looks awfully like an unsustainable divergence.

The post Donald Trump’s remarkable two charts appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 10:00 Source

The embattled Peter Switzer had a crack at those that saw it coming on Saturday: Some irresponsible media players have already pulled out the D-word for clickbait reasons. I hope one day I can bring them to book for over-scaring Australians, when it was the last thing people locked out of jobs, needed to see,

The post Poof! Switzer magically disappears 31% for investors appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 09:40 Source

Via Bloomie: Since last week, emails from foreign clients have been flooding into export manager Grace Gao’s in-box, asking to delay orders already made, putting goods ready to be shipped on hold until further notice, or asking for payment grace periods of up to two months. Gao’s firm, Shandong Pangu Industrial Co., makes tools like

The post Here comes China’s second round shock appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 09:30 Source

By Chris Becker  It’s crunch time for stock markets around the world this week as its plain to see that the combined efforts of central banks and fiscal stimulus has had almost no impact on the reality that is a major recession forthcoming in 2020. As the US leads the world in its criminally negligent

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 09:20 Source

That it will be a depression is yesterday’s news. What kind then? Greg Jericho kicks us off with some useful musing: Through my lifetime there have been three “worst since the Great Depression” times for the economy – the early 1980s, the early 90s and the global financial crisis. In each case we never really

The post What kind of depression will it be? appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 09:00 Source

SloMo has lost control of the narrative, of policy and of the nation. Australia’s elite commentary is ripping in all directions. Some are still hopelessly biased, such as Paul Kelly: Scott Morrison and Josh Frydenberg are determined to keep open Australia’s productive economy. Morrison criticises those calling for “lockdown” and affirms his goal is to

The post SloMo loses control as Canberra bubble pops appeared first on MacroBusiness.

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The Tally Room Monday, March 30, 2020 - 09:00 Source

I was planning a deeper analysis looking at the proportion of votes which have reported, and what it tells us about how low the turnout was on election day but unfortunately I’ve had some issues with the data coming out of the ECQ, so I’m going to keep this post a bit simpler as a summary of what we know.

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Your Democracy Monday, March 30, 2020 - 07:37 Source
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The Australian Independent Media Network Monday, March 30, 2020 - 06:00 Source

When this corrupt conservative rein of appalling governance ends, as it must, and the COVID-19 virus has been erased – in the aftermath we will come to the realisation that everything must change. Not just Australia, but the world. In particular, the way in which we conduct our politics. Conservatives will be hard-pressed to explain…

The post Our greatest failure has been the decline of our democracy appeared first on The AIM Network.

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Poll Bludger Monday, March 30, 2020 - 04:11 Source

A bluffers' guide to Saturday's elections in Queensland, plus further items of marginal interest.

The post Another three things appeared first on The Poll Bludger.

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MacroBusiness Monday, March 30, 2020 - 00:20 Source

The Morrison Government has flagged that it will soon announce a third round of stimulus to prevent the Australian economy from sliding into a depression: Tenants will be given emergency help when they lose jobs as a result of forced shutdowns, while small employers will also gain assistance with leases, taxes and bills they cannot

The post Calls for a universal basic income grow louder appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 00:15 Source

Most superannuation funds, and especially industry funds have significant balances in unlisted assets. Many are telling you that these assets haven’t lost money, or are only down a little despite sharemarkets being down close to 30%. This gives rise to perverse incentives for superannuants: if you leave one of these funds now, you will get

The post Your Industry Superannuation Fund is about to lie to you appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 00:15 Source

The DXY flame out continued Friday night. CNY is still looking dubious: The Australian dollar tore the roof off: Gold is useless: Oil is going down, down: Dirt did better: Miners did not: Nor EM stocks: US junk flew, EM fell: Bonds were uber-bid: But stocks also flamed out: The virus is still out of

The post Australian dollar tears the roof off appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 00:08 Source

Via Domain: Victoria’s powerful construction union is pushing for the building industry to be classified as essential when the state moves to a stage 3 shutdown, arguing construction sites should be allowed to operate 24 hours to minimise the number of workers at any one time. The proposal has been backed by Master Builders Victoria

The post CFMEU demands 24 hour virus spread appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 00:06 Source

The ban on traditional auctions, and the shift to online, has sent the clearance rate plunging to levels not seen since 2018 and early 2019. According to CoreLogic, the preliminary national auction clearance rate plummeted to only 51.4% from 61.3% last weekend and only a smidgen above the 50.9% final clearance rate recorded in the

The post Auction clearances collapse to 2018 lows appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2020 - 00:01 Source

Global Macro / Markets / Investing: Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest – Reason ‘Shareholders come last’: Billionaire entrepreneur Mark Cuban says CEOs should prioritize employees and their families in coronavirus crisis – Business Insider How COVID-19 Is Impacting Amazon Prices – Seeking Alpha Warren Buffett’s Berkshire Hathaway has the cash

The post Links 30 March 2020 appeared first on MacroBusiness.

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The Australian Independent Media Network Sunday, March 29, 2020 - 19:59 Source

As a long-time agnostic, I remain unconvinced that there is an omniscient, omnipresent being, responsible for creating the world and over-sighting all that takes place there. That said – if indeed there is such a being, it certainly moves in mysterious ways! Before I continue, I will state some basic attitudes and concerns that steer…

The post And then there was light appeared first on The AIM Network.

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