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The Australian Independent Media Network Wednesday, April 14, 2021 - 11:00 Source

Continued from: Was COVID-19 born in the United States? (part 13) By Outsider  Remarks by President Trump at Signing of H.R.748, The CARES Act. Issued on: March 27, 2020  Oval Office 4:10 P.M. EDT THE PRESIDENT: Well, thank you all very much. This is a very important day.  I’ll sign the single-biggest economic relief package in…

The post Was COVID-19 born in the United States? (part 14) appeared first on The AIM Network.

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MacroBusiness Wednesday, April 14, 2021 - 11:00 Source

Roy Morgan Research has published its Inflation Expectations survey for the month of March, which has almost recovered to pre-COVID levels but remain soft when viewed on an historical basis. Australians now expect inflation of 3.8% annually over the next two years, the highest level since February and March last year (both 4.0%) and still

The post Inflation expectations continue to rebound appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 14, 2021 - 10:30 Source

TS Lombard with the note: Covid-19 is accelerating the already existing structural shift in demand for integrated circuits As the world becomes more interconnected, more automated and greener, each unit of GDP growth will contain a higher content of semiconductors Growing economic and national security importance, coupled with superpower rivalry, is likely to cause a

The post Inside the semiconductor Cold War appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 14, 2021 - 10:00 Source

Data from the Treasury shows that the coronavirus-induced restrictions on international travel have boosted the Australian economy. According to the Treasury, domestic tourism grew the economy by $7.5 billion over the December quarter, the equivalent of around 1.5% of GDP, as Australians holidayed at home and spent their money locally. This led to an upbeat

The post No Josh, domestic tourism isn’t booming appeared first on MacroBusiness.

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xkcd.com Wednesday, April 14, 2021 - 10:00 Source

As if these problems weren't NP-hard enough.

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MacroBusiness Wednesday, April 14, 2021 - 09:40 Source

The ferrous complex resumed normal programming yesterday after Monday’s whacko action. Iron ore spot fell. Paper eased. Steel launched to new highs: That makes a lot more sense than action the day before given Li Keqiang’s statements. China continues to suck in lots of ore, importing 102.11mt in March: That was up bigly from a

The post Daily iron ore price update (normal progamming) appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 14, 2021 - 09:20 Source

First the update. Australia’s failing vaccine rollout is still firmly stuck in the Third World: On the ground, there are stories of gaps all over the place: Australia’s largest health care provider, BUPA, has had zero contact with the Morrison Government for its aged care vaccination program. It has no vaccines, no plan to go

The post Welcome to Morrison’s prison island appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 14, 2021 - 09:00 Source

DXY took a hit for the global team last night as US inflation printed high but nowhere near high enough on core measures to upset the market applecart. EUR jumped: The Australian dollar was firm against DXY but weak elsewhere. This was not a sudden shift to bullishness: Brent firmed with gold: Base metals were

The post Australian dollar lifts as US inflation surge falls flat appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, April 14, 2021 - 08:31 Source

If you know anything about education you’ll have heard the terms summative assessment and formative assessment. To explain as simply as I can, summative assessment is simple and clear and includes things such as a mark or letter grade. Formative assessment includes suggestions on how to improve during the learning process and explanations of what…

The post The Pub Test And Summative Assessment… appeared first on The AIM Network.

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Renew Economy Wednesday, April 14, 2021 - 07:02 Source

New research paper creates a database of CCS plants that were proposed and never built, underlying the false promise of "clean coal".

The post Carbon capture’s litany of failures laid bare in new report appeared first on RenewEconomy.

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Renew Economy Wednesday, April 14, 2021 - 06:58 Source

Scott Morrison CoalAustralia in 10th biggest burner of coal in the world, and has the fifth highest share of coal of total power generation.

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Your Democracy Wednesday, April 14, 2021 - 06:48 Source

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Your Democracy Wednesday, April 14, 2021 - 06:48 Source

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MacroBusiness Wednesday, April 14, 2021 - 06:40 Source

SQM Research has released its rental report for March, which reveals an extremely tight rental market outside of Sydney and Melbourne, which are suffering from high apartment vacancies from the collapse of international student arrivals. As shown in the next table, the national rental vacancy rate rose 0.1% in March to also be 0.1% higher

The post Australia’s two-speed rental market appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 14, 2021 - 00:10 Source

Yesterday, we learned about the Greens’ ridiculous plan to import 200,000 elderly parents via the ‘Family stream’ of Australia’s permanent migration program. Below is a breakdown of the Greens’ policy proposal, which you can read in full on its website: There are 200,000 parents of migrants ‘stranded’ overseas. Some migrant families have to wait 30

The post Greens’ elderly visa plan will bankrupt Australia’s welfare state appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 14, 2021 - 00:01 Source

Global Macro / Markets / Investing: UN chief urges wealth tax of those who profited during COVID – ABC Simple Math Is About to Cause an Inflation Problem – Bloomberg A digital dollar would help the U.S. and its allies keep China in check – CNBC How Much Does Amazon, Apple Facebook And Tesla Make

The post Links 14 April 2021 appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 16:36 Source

  ASX 200   Bitcoin   Brent   Gold   USD/JPY   GBP/USD   EUR/USD   AUD/USD

The post Macro Afternoon: 13 April 2021 appeared first on MacroBusiness.

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Renew Economy Tuesday, April 13, 2021 - 15:29 Source

James Shaw and Jacinda Ardern New Zealand Emissions climate change action plan - optimisedNZ to introduce new mandatory climate risk disclosure requirements for financial services sector.

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Renew Economy Tuesday, April 13, 2021 - 14:57 Source

australia agl solar rooftop commericial - canva - optimised 2AGL to offer onsite renewables and storage to i

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Renew Economy Tuesday, April 13, 2021 - 14:56 Source

indra v2g chargerRemote control: Network ability to switch off rooftop solar is to be extended to EV chargers, air conditioners, hot water and pool pumps.

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Renew Economy Tuesday, April 13, 2021 - 14:42 Source

Federal energy and emissions reduction minister Angus Taylor (AAP Image/Mick Tsikas)ABC Four Corners program says Taylor's office pressured Scott and Zibelman over their failure to embrace his pro-gas policy.

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The Australian Independent Media Network Tuesday, April 13, 2021 - 14:06 Source

Over the weekend, Iran marked National Nuclear Technology Day. The stars of the show were going to be new advanced centrifuges at the Natanz uranium enrichment plant. Unfortunately, the stars did not shine, and President Hassan Rouhani and his officials were left with a reminder of the previous time the centrifuges at Natanz crashed. In…

The post Beautiful Plots: Israel Sabotages the Natanz Nuclear Facility appeared first on The AIM Network.

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MacroBusiness Tuesday, April 13, 2021 - 14:00 Source

The drums of war are surrounding Taiwan. Much of it is still the kind of Cold War jousting one would expect yet its tenor is pretty intense: China launched 25 military jets into Tawainese airspace yesterday after Secretary of State Anthony Blinken warned it for being “increasingly aggressive”. It is the largest incursion in a

The post Pyne beats drums of Taiwan war (business) appeared first on MacroBusiness.

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Renew Economy Tuesday, April 13, 2021 - 13:56 Source

 VestasRules and regulations that are relics of last century’s energy grid are getting in the way of infrastructure that could deliver new renewable generation into the system.

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Renew Economy Tuesday, April 13, 2021 - 13:50 Source

A 600MW solar project recently signed up to a power purchase agreement in Saudi Arabia has locked in a record low price of just over $US10/MWh ($A13/MWh).

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MacroBusiness Tuesday, April 13, 2021 - 13:40 Source

Here it is all over again. The Morrison Government unprocess of government. Stack a honey pot with your mates, bully sheilas out of the way, and muzzle the joint for political purposes: The Australian Post board consisted of seven of eight board seats occupied by Coalition cronies feasting on the taxpayer teat. None had any

The post Rapegate. Vaccinegate. Now Holgate. appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 13:20 Source

Here’s what the RBA said at its last meeting: The Board remains committed to the 3-year government bond yield target of 10 basis points. Later in the year it will consider whether to retain the April 2024 bond as the target bond or to shift to the next maturity. The initial $100 billion government bond

The post Will markets attack RBA yield curve control? appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 13:00 Source

Via FTAlphaville: Since the turn of the month, markets have been quiet. Almost too quiet you might say. After several percentage point gyrations in the key indices over March as new data flowed daily on vaccination rates, Covid case levels and US fiscal stimulus, everything seemed to calm down. Hell, even the VIX has dipped

The post As the EV bubble bursts, old school car makers boom appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 12:40 Source

The NAB survey is out and has finally taken on the shape of a catch-up boom proper: Business conditions rose to a record high in March, driven by strong increases in all subcomponents – which are all now also all at record highs. The strength in conditions is evident across all states and industries. Forward

The post NAB survey hits record highs on catch-up boom appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, April 13, 2021 - 12:30 Source

By Jennifer Michels   On the 10th August 1987 Australia announced the Royal Commission into Aboriginal Deaths in Custody. The final report and recommendations were signed on 15th April 1991. It has now been 30 years since those pages were signed and submitted for review by the government at the time. 30 years on we have…

The post The cycle must be broken appeared first on The AIM Network.

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