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Renew Economy Wednesday, April 19, 2017 - 13:29 Source

Renewable energy accounts for 51 per cent of German electricity production for whole week, with total for year to date at 36.5 per cent.

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Your Democracy Wednesday, April 19, 2017 - 13:28 Source
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Renew Economy Wednesday, April 19, 2017 - 13:22 Source

Federal energy minister to lead trade delegation to Israel, including visit to what will be world's tallest solar tower.

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Renew Economy Wednesday, April 19, 2017 - 13:22 Source

Federal energy minister to lead trade delegation to Israel, including visit to what will be world's tallest solar tower.

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MacroBusiness Wednesday, April 19, 2017 - 13:20 Source

By Leith van Onselen Labor leader Bill Shorten has been quick to ridicule the Turnbull Government’s reforms to Australia’s 457 visa system, labelling it a “con job”. From The Age: Labor has released an analysis that shows just 8.6 per cent of foreign workers currently on a 457 visa are working in jobs that would

The post Show us your immigration policy, Bill appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 19, 2017 - 13:11 Source

Dalian iron ore and coking coal futures have recovered a little today: As has Big Iron after being flogged yesterday afternoon: But the chart damage is done. Indeed, BHP looks like it’s about to join RIO and FMG in the broken head and shoulders top club: We’re clearly already in oversold territory but I do

The post Big Iron dead cat rides! appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 19, 2017 - 12:33 Source

Via The West: The Turnbull Government is considering a “nation-building” plan to back constructing a gas pipeline from WA to the east as part of a multibillion-dollar push to address the national energy crisis. Finance Minister Mathias Cormann told The West Australian the Government was considering ways of transporting WA’s gas into east coast markets,

The post Should we pipe WA gas east? appeared first on MacroBusiness.

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Renew Economy Wednesday, April 19, 2017 - 12:21 Source

Rocky Mountain Institute's Amory Lovins says attempts to reboot coal and nuclear power like defibrillating a corpse: "it will jump but won’t revive.”

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MacroBusiness Wednesday, April 19, 2017 - 12:19 Source

It’s not often we turn to permabull Craig James for a bearish insight so it’s probably worth paying attention when he provides one: • In the past, a slowdown of luxury vehicle sales has heralded a slowdown of upper-end property sales and prices. And, in turn, slower growth of top-end home prices has in the

The post Luxury car sales telegraphing property bust? appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 19, 2017 - 12:07 Source

Via The Australian: Energy Minister Josh Frydenberg says he is “absolutely” prepared to knock heads to ensure the domestic market gets a better share of Australia’s gas resources at a meeting with industry leaders today. “We need some real action, because if it’s not fixed the only alternative is that you’ll see very widespread closures

The post Does VIC have “enormous” amounts of “locked up” gas? appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 19, 2017 - 11:36 Source

By Leith van Onselen Australian Finance Group (AFG) has released its housing finance data for the March quarter, which registered a seasonal fall in mortgage applications. The number of mortgage applications fell by 7.1% over the March quarter but was up by 5.0% over the year, whereas the value of applications fell by 7.5% over

The post AFG posts Q1 first home buyer bounce appeared first on MacroBusiness.

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Under The Milky Way Wednesday, April 19, 2017 - 11:25 Source

I have just read David Marr’s essay The White Queen: One Nation and the Politics of Race (Quarterly Essay #65) on Pauline Hanson and her party, Pauline Hanson’s One Nation. The confluence in name between Pauline Hanson and her party is exact and intentional. As Hanson said on national TV The Party is me [1]. And she is correct. The One Nation phenonemon is entirely a product of Hanson’s passion, personality, raw determination and resilience. Without Hanson One Nation cannot exist.

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Club Troppo Wednesday, April 19, 2017 - 11:20 Source

As you know, despite spending millions on marketing to get the word out, our arts industry, for easily understood commercial reasons, doesn’t effectively get the word out about whether their products are any good or not. So for the cost of an hour or so’s outsourced, offshored labour, Troppo steps into the breach courtesy of the rivers of gold from our Imaginary Economics sponsorship – which has been renewed for another ‘probationary’ period.

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Your Democracy Wednesday, April 19, 2017 - 11:14 Source
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Harrangue Man Wednesday, April 19, 2017 - 10:58 Source

Me---"I may be a big person with big problems but at least I have a big helicoper!"theboy---"You don't have a helicopter."Me---"True."

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MacroBusiness Wednesday, April 19, 2017 - 10:57 Source

By Leith van Onselen I was just listening to ABC Radio and heard The Greens’ Sarah Hanson-Young bang on about how the Turnbull Government’s 457 visa reforms and any cuts to immigration are ‘racist’ and ‘xenophobic’. Unfortunately, I don’t have the transcript, but the below Tweets from Hanson-Young gives you the gist of her view:

The post Fake Greens howl racism at 457 visa cut appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 19, 2017 - 10:56 Source

From Westpac: • The six month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose from 1.14% in February to 1.17% in March. This marks the eight consecutive month where the growth rate in the Index

The post Leading index sees futureboom! appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 19, 2017 - 10:38 Source

Via The Guardian: More voters believe superannuation should be preserved to fund retirement than used to purchase property according to the latest Guardian Essential survey, which has federal Labor retaining an election-winning position. The latest poll of 1,804 voters has 50% of the sample saying super should be preserved for retirement, while 38% think it

The post Essential: No votes in super for houses appeared first on MacroBusiness.

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Renew Economy Wednesday, April 19, 2017 - 10:38 Source

Competitive auctions are causing developers to drop their expectations for government subsidies for off-shore wind projects.

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Renew Economy Wednesday, April 19, 2017 - 10:38 Source

Competitive auctions are causing developers to drop their expectations for government subsidies for off-shore wind projects.

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Renew Economy Wednesday, April 19, 2017 - 10:27 Source

First-quarter decline in investment reflects partly falling cost of capital for renewables, allowing investors to install same capacity for less cash.

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Renew Economy Wednesday, April 19, 2017 - 10:23 Source

By the early 2020s, unsubsidized wind and solar prices will beat the Variable Costs of Operating Coal and Natural Gas Plants

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MacroBusiness Wednesday, April 19, 2017 - 10:21 Source

Via Macquarie:  China released preliminary trade data for March. We saw strong imports for iron ore and coal, while copper imports continue to have negative growth due to a high base. Steel and Al exports remained low YoY, but we expect increases in coming months as the export arbitrage opens.  Iron ore imports

The post Inside China’s steel and iron ore inventories appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 19, 2017 - 10:15 Source

By Leith van Onselen The backlash against mass immigration is spreading as the politics boils over, with New Zealand’s National Government set to announce curbs to the country’s immigration program along similar lines to those announced by Australia’s Coalition Government. From Interest.co.nz: “Tweaks” to New Zealand immigration settings to be announced Wednesday will give the

The post NZ Government to join immigration crackdown appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, April 19, 2017 - 10:14 Source

Why is the government considering giving Adani a billion dollars?  According to Richard Denniss, it’s a muscle-flexing exercise for Barnaby’s boys. “Subsidising the world’s largest export coal mine at a time of declining world demand for coal…has become a way to prove the Nats can get things built and to show their rivals in the…

The post If you want evidence-based decision making then you need to actually consider the evidence appeared first on The AIM Network.

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MacroBusiness Wednesday, April 19, 2017 - 10:10 Source

Via Domainfax: A federal government agency has handed its public servants scripted lines, to be recited in “BBQ conversations” and other “social settings”, about its controversial move out of town. Workers at the pesticides authority have been given a long list of “talking points” to use on friends or family asking about the authority’s forced relocation from Canberra to Armidale in

The post Barnaby Joyce robot coming to a BBQ near you appeared first on MacroBusiness.

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xkcd.com Wednesday, April 19, 2017 - 10:00 Source

No, tell the park rangers to calm down, it's fine--I put a screen on the front. I just want to get the birds a little closer.

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Drag0nista's Blog Wednesday, April 19, 2017 - 09:59 Source

Analysis for Crikey.Filed under: Politics Tagged: leadership, Malcolm Turnbull, Tony Abbot

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The Melbourne Urbanist Wednesday, April 19, 2017 - 09:42 Source

The assertion that rail travellers pay a $7.96 access fee to Sydney Airport on top of the Opal fare is wrong and lets the NSW Government off the hook Does Sydney Airport levy train travellers $7.96?

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MacroBusiness Wednesday, April 19, 2017 - 09:33 Source

Here it is thanks to Macquarie: The same chart could drawn for iron ore only worse. A modest gain in underlying demand but an huge surge in restocking and hoarding (apparent consumption). The iron ore bubble in a chart.

The post The chart that fooled the iron ore world appeared first on MacroBusiness.

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