Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, April 16, 2019 - 08:39 Source

Via the AFR comes Scummo’s monstrous budget black hole: The Morrison government would need to cut spending by about $40 billion a year by 2030 to afford its big personal income tax cuts and deliver on its budget surplus forecasts, new analysis by the Grattan Institute shows. The Coalition has positioned its $387 billion in

The post Scummo’s enormous budget black hole appeared first on MacroBusiness.

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

Read more Views: 22
Renew Economy Tuesday, April 16, 2019 - 08:34 Source

Victoria-based SEA Electric will soon have its Australian designed electric trucks in use from Detroit to San Francisco.

The post Latrobe Valley electric truck maker gets multiple orders from US appeared first on RenewEconomy.

Read more Views: 18
MacroBusiness Tuesday, April 16, 2019 - 08:30 Source

By Chris Becker  Last night saw risk markets in a contained mood without much activity with both sides of the Atlantic putting in scratch sessions on stock markets while currencies were range bound as no significant economic events were reported. Treasury yields were also relatively unchanged with Fed futures still stuck on an even chance

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: 26
The Tally Room Tuesday, April 16, 2019 - 07:18 Source

The New South Wales election process came to a close this morning when the button was pushed for the New South Wales Legislative Council, triggering the distribution of preferences. This count took over an hour, seemingly longer due to more voters marking preferences, and resulted in parties of the centre-left making ground in the final counting to win an extra seat off the centre-right compared to what primary votes would suggest.

In this post I will run through who has won, the shape of the new upper house, and how preferences impacted on the result.

Read more Views: 32
Poll Bludger Tuesday, April 16, 2019 - 06:17 Source

Betting odds continue to point towards a sweeping Labor victory, even as intelligence from both sides of politics suggests a much tighter contest.

The post Odds and sods appeared first on The Poll Bludger.

Read more Views: 25
THE BLOT REPORT Tuesday, April 16, 2019 - 00:28 Source

The post Anonymous quote appeared first on THE BLOT REPORT.

Read more Views: 30
MacroBusiness Tuesday, April 16, 2019 - 00:15 Source

By Leith van Onselen Greens Senator, Nick McKim, has labelled “horrific” the number of years taken for migrants to bring their elderly parents to Australia under Australia’s permanent migration program. From SBS News: Migrant advocates have voiced outrage and disbelief as it emerged wait times for some Australian family reunion visas are now up to

The post Greens: Make Australia a migrant retirement village appeared first on MacroBusiness.

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

Read more Views: 26
MacroBusiness Tuesday, April 16, 2019 - 00:10 Source

By Leith van Onselen The NSW Office of State Revenue has released stamp duty data to March, which reveals a massive $1.5 billion (21%) decline over the past year and a $1.9 billion (25%) decline since stamp duty receipts peaked in October 2017: The latest retracement in stamp duty receipts follows a sharp 19% decline

The post NSW stamp duty crash deepens 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 Tuesday, April 16, 2019 - 00:08 Source

By Leith van Onselen Earlier this month, CoreLogic released its Quarterly Rental Report, which revealed that Sydney median rents had fallen by 3.1% in the year to March: Late last week, Domain also released March quarter rental report, which posted a 1.8% (houses) and 3.6% (units) decline in Sydney rents in the year to March: As

The post Domain confirms Sydney rental smash 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 Tuesday, April 16, 2019 - 00:01 Source

Global Macro / Markets / Investing: The mountain of corporate debt will be the seed of the next financial crisis – Cadtm Regulations Needed After Cryptocurrency CEO Takes Passwords To Grave – Ponderwall Is Green Growth Possible? – Ineteconomics Selling with the enemy: Why rival retailers embrace Amazon.com – Japan Today Ethereum set a course

The post Links 16 April 2019 appeared first on MacroBusiness.

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

Read more Views: 27
En Passant Monday, April 15, 2019 - 20:22 Source

[My apologies for the formatting, but transferring material from a file to this new WordPress seems to produce very odd results.]

Julian Assange has exposed US war crimes in Afghanistan and Iraq. For that we must thank him.  His release of information, much of it via Chelsea Manning, deserves praise and support for showing us the reality of the world. The major Western powers are run by war criminals who should be in jail, not power.

Read more Views: 37
MacroBusiness Monday, April 15, 2019 - 17:30 Source

Outside China it’s been a fairly good run across stock markets here in Asia to start the week, absorbing the weekend news and lifting on the risk-on Friday mood. The USD continues to weaken against almost everything but gold, which is facing a near three month low as buying support evaporates. The Shanghai Composite has

The post Macro Afternoon appeared first on MacroBusiness.

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

Read more Views: 32
Harrangue Man Monday, April 15, 2019 - 16:29 Source

That's what it told me Zarithpa was famous for. It's such an odd phrasing but pleasing. And also, old frogs. How do they know? How are they making sure someone isn't swapping out dead frogs for new to sucker in yet more into their brazen old frog trade?Warlords II. Just about the must fun game ever.

Read more Views: 37
Grattan Blog Monday, April 15, 2019 - 15:01 Source

Grattan Institute’s 2018 Money in Retirement report projected important changes to homeownership rates in Australia, especially among retirees. These were picked up recently in an article we published in the Conversation.

Here’s how we did it.

Read more Views: 33
The Australian Independent Media Network Monday, April 15, 2019 - 14:57 Source

“Your honour, I represent the United States government”. The Westminster Magistrates Court had been left with little doubt by the opening words of the legal team marshalled against the face of WikiLeaks. Julian Assange was being targeted by the Imperium itself, an effort now only garnished by the issue of skipping bail in 2012. Would…

The post Delegitimising Journalism: The Effort to Relabel Julian Assange appeared first on The AIM Network.

Read more Views: 40
Renew Economy Monday, April 15, 2019 - 14:56 Source

Fresh from its own exit from coal, mining giant Rio Tinto promises to support renewables' key role in climate action, and exhorts industry lobby to do the same, or else lose its suppo

Read more Views: 36
Renew Economy Monday, April 15, 2019 - 14:55 Source

AEMO urged by major utilities and others to model rapid transition to renewables and quicker exit from coal, along with "real" Paris climate commitment.

Read more Views: 44
Renew Economy Monday, April 15, 2019 - 14:49 Source

NetworkDo unions in Queensland hate renewable energy as much as the hard right? Meanwhile, Queensland's Labor government shown up by S.A. Liberals.

The post Know your NEM: Do Queensland unions hate solar more than hard right? appeared first on RenewEconomy.

Read more Views: 35
MacroBusiness Monday, April 15, 2019 - 14:30 Source

By Leith van Onselen Ross Gittins has done a good job today destroying the Australian Treasury’s perennially heroic Budget forecasts, which forever project an imminent ‘future boom’ for the Australian economy: …the longer Treasury dwells in the land of hope-springs-eternal, the more it gives its political masters the budget numbers they crave: ones showing the

The post Gittins lashes hopeless Treasury Budget forecasts appeared first on MacroBusiness.

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

Read more Views: 49
Poll Bludger Monday, April 15, 2019 - 14:29 Source

Final results for the New South Wales Legislative Council: David Leyonhjelm of the Liberal Democrats misses out, Mark Latham has company with a second One Nation member elected, Animal Justice gains a second seat, and a nearly four decade winning streak ends for the Christian Democrats.

The post New South Wales election one more time appeared first on The Poll Bludger.

Read more Views: 42
Prosper Australia Monday, April 15, 2019 - 13:48 Source

What: Discuss + Debate + Drinks + Pizza When: Wednesday, April 24 Time: 6pm Cost: Free In a world of rapid technological development and innovation, how can the public ensure a fair return on Intellectual Property (IP) monopolies while furthering investment in R&D and technology? As time goes on, the advancement of technology sees the value of […]

Read more Views: 79
MacroBusiness Monday, April 15, 2019 - 13:30 Source

By Leith van Onselen You’ve gotta love the Real Estate Institute of Western Australia (REIWA). No matter what the data is showing, they are always quick to call an imminent housing rebound. In June 2015, REIWA chief David Airey claimed Perth’s housing market was set to soar: “Given the sustained period of flat market in

The post REIWA: Perth housing “at or nearing the bottom” appeared first on MacroBusiness.

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

Read more Views: 30
Renew Economy Monday, April 15, 2019 - 13:29 Source

The RET should be extended, but also adapted to encourage "flexible" capacity that recognises and amplifies the varying time value of generated renewable electricity.

Read more Views: 28
Club Troppo Monday, April 15, 2019 - 12:56 Source

From around January this year I’ve tried to get the column below published – in the Guardian UK where my previous column was published. Unfortunately, and even after endless cajoling via the Guardian at this end, I couldn’t get a reply which is piss poor but there you go. Martin Wolf tried for me at the FT. At least they responded – but with a ‘no’, which is fair enough given the oversupply of articles on Brexit. Anyway as it fades into irrelevance and the Brexit Brouhaha Burbles on I thought I’d pop it up here.

Read more Views: 34
MacroBusiness Monday, April 15, 2019 - 12:45 Source

By Leith van Onselen In the September 2017 general election, the New Zealand Labour Party launched a plan to reduce immigration by around a third in a bid to relieve chronic housing and infrastructure pressures (especially around Auckland): …in recent years our population has been growing rapidly as record numbers of migrants arrive here. This

The post Jacinda Ardern breaks key election promise to cut immigration appeared first on MacroBusiness.

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

Read more Views: 49
Renew Economy Monday, April 15, 2019 - 12:32 Source

Woolworths green bond – "first ever" by a retail supermarket company – raises more than enough to finance installation of rooftop solar, energy efficient lighting and fridges.

Read more Views: 35
MacroBusiness Monday, April 15, 2019 - 12:30 Source

By Leith van Onselen Four months after cracks in Sydney’s Opal apartment tower led to residents being evacuated on Christmas Eve, around half of the complex remains unoccupied. From The ABC: Almost half of the apartments in Sydney’s troubled Opal Tower are still vacant, nearly four months after the building was first evacuated on Christmas

The post Four months on, Opal Tower faults remain unresolved appeared first on MacroBusiness.

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

Read more Views: 30
MacroBusiness Monday, April 15, 2019 - 12:00 Source

By Leith van Onselen Investor buyer’s agent, Richard Wakelin, has hosed concerns about Labor’s negative gearing policy, instead claiming that ongoing strong population growth will continue to push house prices higher. From The AFR: Put together, the overall impact on the property market of Labor’s policies is likely to be modest at worst… However, the

The post Dick Wakelin: Mass immigration will keep housing unaffordable appeared first on MacroBusiness.

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

Read more Views: 43
MacroBusiness Monday, April 15, 2019 - 11:45 Source

By Leith van Onselen In 2000, former Treasurer, Peter Costello made the fateful decision to allow the conversion of franking credits into cash refunds for shareholders. This enabled tax-free (mostly wealthy) retirees to claim imputation credits even if they pay no tax. The Australia Institute explains: Some of the wealthiest people in Australia pay negative

The post Centre Alliance backs franking credit grey gouge appeared first on MacroBusiness.

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

Read more Views: 26
MacroBusiness Monday, April 15, 2019 - 11:30 Source

From Roy Morgan Research: In the December quarter 2018, the gross personal wealth (assets) of Australians including owner occupied homes, stood at $9,784 billion. This represents a drop of $512 billion or 5.0% from the September quarter when it was $10,296 billion and is now at the lowest level recorded throughout 2018. Net wealth (after

The post Australian personal wealth smashed by crashing house prices appeared first on MacroBusiness.

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

Read more Views: 25

Pages