Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, January 21, 2020 - 09:20 Source

Not much point with charts today with the US closed. A little material from Westpac gives us the right take on the immediate outlook for the Australian dollar: RBA policy will be stretched to its maximum in 2020 – two more cash rate cuts from the RBA, to reach the effective lower bound for the

The post Australian dollar weakness governed by RBA appeared first on MacroBusiness.

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

Read more Views: 20
MacroBusiness Tuesday, January 21, 2020 - 09:00 Source

Spot and paper stable. Steel up a bit. Port inventories down to 127.35mt. This does not say anything good for steel mill margins nor outlook. No change to outlook. Bearish into Q2.

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

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

Read more Views: 17
MacroBusiness Tuesday, January 21, 2020 - 09:00 Source

By Chris Becker  A public holiday on Wall Street was enough to take the wind out of the bubble blowers overnight with European markets putting in mild scratch session, while bond markets drifted around. The IMF lowered their growth forecasts in the recent release at Davos while oil prices came back after reaching a new

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: 11
THE BLOT REPORT Tuesday, January 21, 2020 - 08:41 Source

Australia under the
Liberal and National parties has generally become a corporatocracy1,
where the only entities of consequence are corporations and those state bodies
that are needed to ensure their unhindered survival: the police, ASIO, judiciary
and, of course, a purchased government. The government are mostly a means for
corporations to pass legislation they want, whether it be for damaging unions,
decreasing penalty rates, decreasing corporate taxation, decreasing taxation on
the wealthy, keeping internet speeds relatively low, or others. In addition to

Read more Views: 22
The Australian Independent Media Network Tuesday, January 21, 2020 - 08:36 Source

When Bill Shorten couldn’t put an exact figure on how much Labor’s climate policies would cost 11 years out from the deadline of 2030, Scottyfrommarketing and our work experience Treasurer, ably abetted by a compliant media, excoriated him. It was a ridiculous question to ask in the first place to which Shorten gave the best…

The post How much will it cost – the ridiculous hypocrisy of Morrison and Frydenberg appeared first on The AIM Network.

Read more Views: 18
Club Troppo Tuesday, January 21, 2020 - 00:30 Source

[off the cuff research idea memo]

Read more Views: 29
MacroBusiness Tuesday, January 21, 2020 - 00:08 Source

The rebound in Sydney property prices and new mortgages (see next chart) is doing wonders for the New South Wales Budget. According to new data from the NSW Office of State Revenue, annual stamp duty receipts in December had rebounded by $250 million (5%) from their August 2019 low: In addition to rising prices, stamp

The post NSW stamp duty receipts bounce back appeared first on MacroBusiness.

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

Read more Views: 49
MacroBusiness Tuesday, January 21, 2020 - 00:05 Source

In 2019, India emerged as Australia’s prime international student growth market. As shown in the next chart, whose data comes from the Department of Education, new student enrolments from India surged by 35% in 2019, from 44,900 to 60,700: While China still remained Australia’s biggest source of international students, new enrolments from China actually declined

The post India becomes prime international student growth market 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, January 21, 2020 - 00:05 Source

Via Deloitte: A new global report from Deloitte shows that 81 percent of Australia’s business leaders believe that climate change will have a negative impact on their business operations (compared with a global average of 48 percent). The report, The Fourth Industrial Revolution: At the intersection of readiness and responsibility, surveyed more than 2,000 C-suite

The post SmoCo isolated as business swings to climate change action appeared first on MacroBusiness.

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

Read more Views: 34
MacroBusiness Tuesday, January 21, 2020 - 00:01 Source

Global Macro / Markets / Investing: Global digital money transfer transactions to reach 2 billion by 2024 – IT News Global Financial Crisis Can Be Triggered By The Trade War – Daily Billboard Global Economic Growth Is The Lowest In A Decade: Why Is Wall Street Racing To The Moon?  – Forbes Americas: There are

The post Links 21 January 2020 appeared first on MacroBusiness.

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

Read more Views: 29
The Australian Independent Media Network Monday, January 20, 2020 - 18:21 Source

NSW Environment Minister, Matt Kean, recently suggested that some federal Liberals are pushing for more action on reducing emissions and arguing that we shouldn’t be using carryover credits from Kyoto. When Scott Morrison was asked about these comments he told us, “Matt Kean doesn’t know what he’s talking about, he doesn’t know what’s going on…

The post Scott Morrison Commits His Cabinet To Meeting And Beating Matt Kean appeared first on The AIM Network.

Read more Views: 59
Your Democracy Monday, January 20, 2020 - 16:52 Source

not about sport...   Scott Morrison and Josh Frydenberg personally announced sports grants under the controversial $100m program overseen by Bridget McKenzie – with Morrison even boasting the program “isn’t about sport” but rather “community” while unveiling a $200,000 grant in his electorate.

Read more Views: 71
MacroBusiness Monday, January 20, 2020 - 16:30 Source

Asian stock markets are creeping ever higher, lifting by the megabullish sentiment on Wall Street from Friday night with more record highs and new yearly highs the order of the day. Chinese stocks have diverted in fortune again with the goosed Shanghai Composite lifting nearly 0.5% to almost start the week back above the 3100

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: 38
George Monbiot Monday, January 20, 2020 - 16:00 Source

This proposed
new law would make us strangers in our own nation, by criminalising trespass.

By George
Monbiot, published in the Guardian 15th January 2020

Read more Views: 52
Renew Economy Monday, January 20, 2020 - 15:51 Source

Record customer participation in demand response cuts risk of blackouts and delivers more than half a million dollars to savvy households, new data shows.

Read more Views: 35
Renew Economy Monday, January 20, 2020 - 15:16 Source

Scott Morrison Ace GuttersMorrison misrepresents Federal emissions targets and renewables investment while trying to chastise NSW energy minister Matt Kean over climate.

Read more Views: 69
The Australian Independent Media Network Monday, January 20, 2020 - 15:08 Source

By RosemaryJ36   It is just over 45 years since Cyclone Tracy virtually destroyed Darwin. It was the event which put Darwin on the map for many Australians and the place looked like it had been hit by an atomic bomb! I am writing from memory and others who experienced the event may have very different…

The post Cyclone Tracy: a disaster in another time appeared first on The AIM Network.

Read more Views: 35
Renew Economy Monday, January 20, 2020 - 14:23 Source

Construction imminent for Lacour Energy’s 800MW Clarke Creek wind farm in central Queensland, with inaugural community consultative committee meeting held last week.

Read more Views: 35
MacroBusiness Monday, January 20, 2020 - 14:00 Source

A bunch of forecasts have been released predicting strong house price growth, driven by Sydney and Melbourne. First, global realtor Savills expects Sydney’s high-end market to lead the world in house price growth in 2020: Savills predicted Sydney’s prime market will grow between 6 and 7.9 per cent, putting it in the top band of

The post “Very strong” growth tipped for Aussie housing market appeared first on MacroBusiness.

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

Read more Views: 36
MacroBusiness Monday, January 20, 2020 - 13:40 Source

Thursday’s housing lending data from the Australian Bureau of Statistics revealed that mortgages for the construction of new homes dived to the lowest level since 2012, as illustrated below: According to the Housing Industry Association (HIA): “The weakness in construction lending in November is largely a legacy of the very soft sales volumes that home

The post Construction mortgages lowest since 2012 appeared first on MacroBusiness.

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

Read more Views: 28
Renew Economy Monday, January 20, 2020 - 13:22 Source

Renewable microgrid specialist begins early works on two new 5MW solar farms in South Australia, in continued focus on smaller grid-connected PV projects.

Read more Views: 33
MacroBusiness Monday, January 20, 2020 - 13:20 Source

Oxfam has released new data claiming that Australia’s richest 1% of Australians have more than double the wealth of the entire bottom 50%: Oxfam Australia Chief Executive Lyn Morgain said the top 1 per cent of Australians, just 250,000 people, owned a staggering nearly USD $1.6 trillion – equating to 22.2 per cent of the

The post Australia’s richest 1% have double the wealth of bottom 50% 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 Monday, January 20, 2020 - 13:00 Source

George Savvides, former head of Medibank, warns that the mass exodus of younger Australians from private health insurance will drive-up premiums and place much more pressure on the public health system in the future: George Savvides, Medibank’s chief executive for 14 years until 2016, has warned an exodus of young people from the private system

The post Private health insurers panic as young Aussies exit appeared first on MacroBusiness.

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

Read more Views: 33
MacroBusiness Monday, January 20, 2020 - 12:40 Source

The Economist has published an article on the West’s “horrible housing blunder”, which pins the blame for unaffordable housing well and truly on supply-side constraints, combined with inefficient demand-side subsidies: At the root of that failure is a lack of building, especially near the thriving cities in which jobs are plentiful. From Sydney to Sydenham,

The post The Economist does the housing affordability disaster appeared first on MacroBusiness.

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

Read more Views: 41
MacroBusiness Monday, January 20, 2020 - 12:20 Source

Following last year’s federal election, the Morrison Government commissioned a review of the National Disability Insurance Service (NDIS) and the way it is managed by the National Disability Insurance Agency (NDIA). This report has now been released publicly and includes 29 recommendations on how to improve the program — including extending the life of funding

The post NDIS “bogged down in red tape and bureaucracy” appeared first on MacroBusiness.

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

Read more Views: 32
Renew Economy Monday, January 20, 2020 - 12:19 Source

Rooftop solar nearly caught wind energy at start of 2020, as low futures prices mark debut of the New Year.

The post Know your NEM: Rooftop solar catches wind in slow, but low priced start to 2020 appeared first on RenewEconomy.

Read more Views: 26
MacroBusiness Monday, January 20, 2020 - 12:00 Source

Research by Australian National University (ANU) associate professor, Geoff Warren, has warned that lifting Australia’s superannuation guarantee from the current 9.5% to 12% will hurt lower-income earners – a claim rejected by industry rent-seekers: MP Jason Falinski… said the ANU findings added to evidence that the scheduled rise was not in the best interests of

The post 12% superannuation will punish lower income earners appeared first on MacroBusiness.

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

Read more Views: 28
MacroBusiness Monday, January 20, 2020 - 11:40 Source

Via the AFR: Competition chief Rod Sims has warned gas producers on the east coast that he expects them to lower prices to customers, to eliminate what appears to be an unreasonable gap between what they are paying and slumping international tariffs. Mr Sims said the further softening in international gas prices, as measured by

The post Great gas robbery charges Aussies triple agreed rates appeared first on MacroBusiness.

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

Read more Views: 27
Renew Economy Monday, January 20, 2020 - 11:36 Source

German government, utilities and key mining states agree on coal phase out, although environmental groups say the plan is too slow.

The post German government, mining states, and utilities fix path for coal exit appeared first on RenewEconomy.

Read more Views: 27
Renew Economy Monday, January 20, 2020 - 11:22 Source

windlab acquisition acquire collgar wind farm - optimisedFederation Asset Management makes bid to acquire all remaining shares in Windlab, which has experienced delays in two of its key renewable energy projects,

Read more Views: 25

Pages