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Oz Blog News Commentary
MacroBusiness Tuesday, April 13, 2021 - 12:20 Source

I have to write this story every few years. Whenever we have a positive iron ore cycle, investors make the same old mistakes. In particular, they assume that the mining cycle of plumped-up dividends is sustainable: SMSFs have gone shorter banks for fear of lower dividends. They have rotated to miners for higher dividends. The

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Renew Economy Tuesday, April 13, 2021 - 12:12 Source

Coca-Cola Amatil joins the global RE100 renewable energy initiative.

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MacroBusiness Tuesday, April 13, 2021 - 12:00 Source

Former Prime Minister and architect of Australia’s compulsory superannuation system, Paul Keating, headlined Alan Kohler’s four-part special on the future of retirement, aired on ABC’s 7.30 Report. In this report, Paul Keating erroneously claimed that Australia’s ageing population would make the current Aged Pension system unsustainable without increases in the compulsory superannuation guarantee (SG): PAUL

The post Paul Keating’s super lies debunked again appeared first on MacroBusiness.

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Renew Economy Tuesday, April 13, 2021 - 11:44 Source

A new "crypto climate accord" wants to clean up Bitcoin. But the calls for government regulation, bans and taxation are growing.

The post Can cryptocurrency be justified in a climate catastrophe? appeared first on RenewEconomy.

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MacroBusiness Tuesday, April 13, 2021 - 11:40 Source

Via CoreLogic’s weekly leading indicators. Credit is easing seasonally but is still very high for the owner-occupiers driving the boom: There are some signs of life for fresh for sale inventory but the stock is still painfully low: More price gains over winter on this data. Full report.

The post Property leading indicators still hot appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 11:20 Source

The Morrison Government’s “gas-led recovery” has been rubbish from the outset. It was a fix, not a policy process. Nobody is going to accuse me of being anti-gas. I’ve been campaigning for more of it for two decades. But, instead of undertaking consider economic process to extract more of it, the Morrison Government has butchered

The post Morrison Government gas-led recovery corrupt, bullying appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 11:00 Source

CoreLogic has released its Quarterly Auction Market Review, which reveals that Australia’s combined capital city auction clearance rate was the strongest on record in the March quarter of 2021: CoreLogic’s weekly auction clearance rate across the combined capitals has been at or above 80% just five times since 2008, and four of those were in

The post CoreLogic: Australia’s auction market has never been this hot appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 10:40 Source

Some folks just never learn. The fake left for instance: The Greens are ramping up a campaign to increase family visas. They would like to accelerate the entrance of 200k extra visas. The current system is “unfair”. The question is, unfair to whom? Is it unfair to the migrants who knew that were leaving behind

The post Fake left and fake right join in immigration wages assault appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 10:20 Source

Via the ANZ: ANZ-Roy Morgan Australian Consumer Confidence: The receding of the Brisbane lockdown and announcement of the Trans-Tasman travel bubble has seen confidence jump sharply, to above its long-run average and the highest level since late 2019. #ausecon @DavidPlank12 @roymorganonline pic.twitter.com/KMBwNukvwR — ANZ_Research (@ANZ_Research) April 12, 2021 Good, but let’s face it, these intermittent

The post Consumer confidence pops out of Brisbane lockdown appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 10:00 Source

Just over a year ago, COVID-19 was declared a global pandemic by the World Health Organization (WHO). A nation-wide lockdown ensued, which was followed by a further 14-week hard lockdown across Victoria over winter and then several short lockdowns across various states. Australia’s property market was negatively impacted at the beginning of the pandemic. Millions

The post Aussie property’s stunning COVID rebound appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 09:40 Source

Australians need a vaccine for Morrison Government lies. The rollout of the vaccine is getting worse not better but according to our lying PM it’s keeping us on pace with everybody else: Morrison said Australia’s rollout is “keeping pace” with everybody else. We don’t need to keep up because we “are different” and have “no

The post Australians need a vaccine for Morrison Government lies appeared first on MacroBusiness.

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THE BLOT REPORT Tuesday, April 13, 2021 - 09:32 Source

Philip, the Duke of Edinburgh, was born on Corfu, into the Greek and Danish royal families, but with his parents, was exiled after a military coup in Greece when he was only 18 months old; hence the ironic moniker Phil, the Greek1.

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The Australian Independent Media Network Tuesday, April 13, 2021 - 09:30 Source

By TBS Newsbot   CW: This piece discusses sexual violence and suicide. According to released documents, the South Australian police asked their colleagues in NSW to take a statement regarding the alleged sexual assault involving Christian Porter; one that the NSW police refused. Additionally, it seems that they made this decision without speaking to the alleged…

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MacroBusiness Tuesday, April 13, 2021 - 09:20 Source

The ferrous complex bifurcated violently yesterday as Chinese premier Li Keqiang stuck his foot in his mouth. Spot iron was firm. Paper soared overnight. But steel was caned: The driver was the release of this tidbit: “Overall economy and operation of enterprises have continued to recover, but surging international commodity prices have brought great pressure

The post Daily iron ore price update (Li Keqiang backfires) appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 09:00 Source

New yuan loans were out last night and, as expected, China has hit the brakes. Total social financing came in at 34ootr yuan with banks at 2730tr yuan of that: The pop in shadow credit is receding: The flow of new credit was down by over one-third year over year: The rolling annual smooths that

The post Chinese credit hits the brakes appeared first on MacroBusiness.

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Renew Economy Tuesday, April 13, 2021 - 08:15 Source

UK developer seeks to clear the first environmental hurdle for plans to build a $

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MacroBusiness Tuesday, April 13, 2021 - 07:24 Source

It was an evening of paralysis for the Australian dollar as markets wait for key US data. The same goes for DXY: The Australian dollar was overall weak versus developed markets: Westpac has the data wrap: Event Wrap FOMC member Bullard said that while it was too early to start taking about changing policy, and he would leave

The post Is the Australian dollar an America, Europe or China proxy? appeared first on MacroBusiness.

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Renew Economy Tuesday, April 13, 2021 - 06:34 Source

Prices for Australian Carbon Credit Units (ACCUs) could more than double by 2030, rising to a range of $20-45/t.

The post Carbon offset prices could double by 2030, unless companies do the dirty work appeared first on RenewEconomy.

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The Australian Independent Media Network Tuesday, April 13, 2021 - 06:00 Source

Think television, newspapers, public speeches, movies, sport, news, advertising, entertainment, radio and above all, politics. Think about what you see, read and hear. Now think about the word “exaggeration.” We have the best firefighters in the world, the best law enforcement agencies, the best health experts. We have “the best” of so many and so…

The post Say what you want, Murdoch. Exaggerate according to your own conscience. appeared first on The AIM Network.

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Your Democracy Tuesday, April 13, 2021 - 05:49 Source

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Scott Morrison has shrugged off critics of his government’s slow vaccine rollout and insisted plans are on track, again turning to Facebook to reveal critical information about the nation’s much-maligned inoculation program.

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Your Democracy Tuesday, April 13, 2021 - 05:49 Source

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Scott Morrison has shrugged off critics of his government’s slow vaccine rollout and insisted plans are on track, again turning to Facebook to reveal critical information about the nation’s much-maligned inoculation program.

Read more Views: 36
MacroBusiness Tuesday, April 13, 2021 - 00:10 Source

Liberal MP Julian Leeser, who chairs a parliamentary committee looking into skilled migration, appeared on Sky News (video below) where he argued that flights and quarantine places should be reserved for skilled migrants “to get businesses moving again”: “I think there is a strong view among business that it [the skilled visa system] has become

The post Coalition pimps ‘skilled’ visa slaves appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 13, 2021 - 00:01 Source

Global Macro / Markets / Investing: How likely will the US’s “Global Minimum Corporate Tax” plan affect tax havens like the Cayman Islands? Will it effectively kill their financial services economies? – Fast Company The Market Value Of Cryptocurrency Exceeds 2 Trillion U.S. Dollars – Global Trends Investors have put more money into stocks in

The post Links 13 April 2021 appeared first on MacroBusiness.

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Renew Economy Monday, April 12, 2021 - 19:00 Source

Ireland to replace its last remaining coal generation with a huge 1.4GW floating wind farm, and create a new clean energy and

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MacroBusiness Monday, April 12, 2021 - 18:44 Source

Gold   Brent   WTI   GBP/USD   EUR/USD   AUD/USD

The post Macro Afternoon: 12 April, 2021 appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, April 12, 2021 - 18:00 Source

By 2353NM   About 12 months ago, we were asking if the world could ever return to ‘normal’ post the pandemic. Some were looking for equitable economic reform, others were looking for significant environmental reforms and others were looking for improvement in an area close to their personal experience or belief systems. Most of us were…

The post Be Human appeared first on The AIM Network.

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Club Troppo Monday, April 12, 2021 - 17:02 Source

I’ve been listening to The World of Yesterday, the memoirs Stefan Zweig. Zweig was probably the best-known author in 1930s Europe and produced a mountain of material. Essays, fiction, history, poetry, translations, you name it. Today few know of him, though that may be different in the German-speaking world. He was known to my Viennese grandmother so it seemed like a great book to transport me into the world that produced my Dad. The memoirs was produced shortly before departing this world by suicide in Brazil (of all places) in 1942. Zweig was a great advocate for, and optimist about the European project.

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Renew Economy Monday, April 12, 2021 - 16:33 Source

climate change scientists emergency declaration - optimisedNew analysis of climate projections finds carbon budgets are virtually meaningless, and the impacts of global warming have been underestimated.

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Renew Economy Monday, April 12, 2021 - 14:19 Source

South Australia could reach 200 pct renewables by 2030 in green hydrogen scenario, but the outlook not so rosy in other modelling by AEMO.

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Renew Economy Monday, April 12, 2021 - 14:17 Source

Global law firm Ashurst is pleased to announce the appointment of three new partners in its energy practice.

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