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Your Democracy Monday, February 11, 2019 - 20:27 Source

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In an article full of erroneous assumption and fake sciences, the Heartland Institute tells us:

 

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The Australian Independent Media Network Monday, February 11, 2019 - 19:52 Source

  Politics in Australia has descended into the pit of the abyss. Take note! The conservative forces in politics are about to unleash one massively negative campaign upon an unsuspecting Australian electorate. The Liberal/National Coalition, devoid of any remaining life-saving credentials, will be unrelenting in their efforts to demonise and defecate on the Opposition, all…

The post Forget Good Government. It’s All About Winning appeared first on The AIM Network.

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Your Democracy Monday, February 11, 2019 - 19:41 Source
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Harrangue Man Monday, February 11, 2019 - 17:51 Source

It was lying on the path twixt the shed and the house and had my lumbering, shuffling over-fed self stood on the one to thirty-two scale black Volkswagen Beetle then my flat feet would have slipped, I'd have fallen backward and caved in my skull heel on the concrete path. NowMikey saw it and kicked the car under a table. If the multi-verse theory is correct and the universe is but multi-versions of me then a decent chunk of those mes are dead.That would have been some coroner's report though. (HashTag)Silverlining.

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Harrangue Man Monday, February 11, 2019 - 17:35 Source

I'm still wading through Moby Dick, reading it in bursts on my iPhone. I recently got through a chapter about the narrator's experience at de-lumping spermaceti, the oil taken from the whale's head, squeezing globs until the oil is as smooth as it can be.

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The Australian Independent Media Network Monday, February 11, 2019 - 17:30 Source

By 2353NM  There is a social media meme at the moment where two photos are posted side by side, one from 2009 the other from 2019. ‘Bonus points’ are apparently gained by ‘featuring’ a similar pose in both photos. As everything is apparently better with a hashtag, this latest fad is tagged as the #10yearchallenge.…

The post #30 Year Challenge appeared first on The AIM Network.

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MacroBusiness Monday, February 11, 2019 - 16:30 Source

A mixed start to the week on risk markets here in Asia with another public holiday in Japan taking a lot of volume off the table, while the welcome return of Chinese markets is seeing confidence lift, at least on the mainland. The USDCHF pair had a big flip higher on what looks like another

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Monday, February 11, 2019 - 16:00 Source

Sweeping in scope, an agenda to transform the US into a green leader has been launched in Washington DC, here are the key points

The post Seven take-aways from the Green New Deal launch appeared first on RenewEconomy.

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Renew Economy Monday, February 11, 2019 - 15:16 Source

Shell tipped to deepen ties with battery storage maker Sonnen as it accelerates its push into green technology.

The post Shell tipped to deepen links with battery storage maker Sonnen appeared first on RenewEconomy.

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Renew Economy Monday, February 11, 2019 - 15:04 Source

Five projects and 7 studies aimed at boosting integration of distributed energy resources on Australia's grid have won total of $9.6m funding from Australian Renewable Energy Agency.

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The Australian Independent Media Network Monday, February 11, 2019 - 14:06 Source

“Trump is hated by everyone,” comes one unnamed former official in an account to Vanity Fair, one supposedly sourced after the President’s State of the Union Address. Another claimed that all was wretched in the White House: “It’s total misery. People feel trapped.” Off record stuff, unnamed and, as ever, doing nothing to concern a…

The post Unity and Exceptionalism: Trump’s State of Union Flurries appeared first on The AIM Network.

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MacroBusiness Monday, February 11, 2019 - 14:00 Source

Cross-posted from The Conversation: The fire at the Neo200 building on Spencer Street in the Melbourne CBD this week has eerie similarities to the Grenfell Tower disaster. Fortunately, instead of 72 people dead as at Grenfell, only one person was hospitalised for smoke inhalation. Nevertheless, the building industry has responded straight from the Grenfell song sheet. Rydon, the

The post Policy makers knew about flammable cladding but did nothing appeared first on MacroBusiness.

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MacroBusiness Monday, February 11, 2019 - 13:30 Source

Digital Finance Analytics has released its Household Financial Confidence Index results for January, based on a survey of 52,000 households, which revealed that confidence has fallen to the lowest level in the survey’s five year history: According to Martin North: Looking at the results by property segments, we see a fall in confidence among property

The post Household financial confidence dives deeper into abyss appeared first on MacroBusiness.

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Renew Economy Monday, February 11, 2019 - 13:07 Source

The boom is small-scale rooftop solar installations has continued into 2019, with total installs at record level for January.

The post Small-scale rooftop solar installs reach record 159MW in January appeared first on RenewEconomy.

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Renew Economy Monday, February 11, 2019 - 13:06 Source

NSW Coalition and Labor unveil separate pledges to boost distributed renewables in state: a rooftop solar rebate from Labor and zero-interest loans for PV and batteries from LNP.

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MacroBusiness Monday, February 11, 2019 - 13:00 Source

By Leith van Onselen House and land developer AV Jennings has released its first half results for 2019, which revealed sharp falls in both revenue and profit: The report also pointed to further weakness, and blames “saturated, extreme media coverage”: As previously flagged, market conditions were expected to soften, particularly in Sydney and Melbourne: ➢Price

The post AV Jennings joins housing smash appeared first on MacroBusiness.

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MacroBusiness Monday, February 11, 2019 - 12:30 Source

CoreLogic’s leading indices are out and they continue point to further house price weakness. After barely retracing over the Christmas break, listings are ready to rocket into the Autumn not-selling season: As shown above, stock levels are at levels not seen since February 2012, and could see record potential stock levels this year. SQM Research’s

The post CoreLogic leading indices signal more housing falls appeared first on MacroBusiness.

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John Quiggin Monday, February 11, 2019 - 12:21 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page   and at my Economics in Two Lessons page

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MacroBusiness Monday, February 11, 2019 - 12:00 Source

By Leith van Onselen Independent economist Gerard Minack has released a report explaining why he thinks “a recession in Australia is becoming more likely”. In the report, Minack notes a number of downside risks, including: The accelerating decline in dwelling values; The accelerating decline in building approvals; Leading indicators of employment are weakening; and The negative

The post Gerard Minack: “A recession in Australia is becoming more likely” appeared first on MacroBusiness.

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MacroBusiness Monday, February 11, 2019 - 11:45 Source

By Leith van Onselen The mortgage broker locusts continue to swarm the Hayne Royal Commission’s recommendation to overhaul mortgage broking from a commission-based to a user-pays system. Mark Bouris – executive chairman of Yellow Brick Road – claims that the reforms will kill the mortgage broking industry, erode competition, and drive mortgage rates up: Buying

The post Alan Kohler: Let mortgage brokers die appeared first on MacroBusiness.

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MacroBusiness Monday, February 11, 2019 - 11:30 Source

By Leith van Onselen The Minerals Council of Australia (MCA) has attacked Labor’s planned crackdown on labour hire companies, claiming it will reduce its flexibility and make it less globally competitive. From The AFR: The Minerals Council of Australia is urging Labor to temper a planned crackdown on casualisation and labour hire, warning that the

The post Minerals Council attacks ALP’s labour hire crackdown appeared first on MacroBusiness.

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MacroBusiness Monday, February 11, 2019 - 11:15 Source

By Leith van Onselen I have previously argued that Australia is an “anti-humanitarian nation”. This view is based on the following facts. First, Australia’s foreign aid budget has cratered over the past half century: Second, Australia’s permanent migrant intake is incredibly light on humanitarian places – just 16,250 in 2018 – but heavy on so-called

The post Offshore detention is a horrendous waste of taxpayer money appeared first on MacroBusiness.

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MacroBusiness Monday, February 11, 2019 - 11:00 Source

What makes bastards untenable is not being an arsehole it is adding hypocrisy to the crime. Enter Chris Pyne: Reflecting on Mr Turnbull’s fall, Mr Pyne said he “felt that it was the end of an era” in the sense it cemented a trend in which politicians responded rashly to bad polls and criticism in

The post Dodgy Coalition MPs queue up at the gang plank appeared first on MacroBusiness.

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xkcd.com Monday, February 11, 2019 - 11:00 Source

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MacroBusiness Monday, February 11, 2019 - 10:45 Source

By Leith van Onselen The pressure continues toe build on the federal government to writedown the National Broadband Network (NBN), with first chief executive of the NBN arguing that it is inevitable following the “disastrous” rollout of the project. From The Canberra Times Mike Quigley, head of NBN Co under the former Labor government, said the

The post Cheaper broadband coming as NBN faces “inevitable” writedown appeared first on MacroBusiness.

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Your Democracy Monday, February 11, 2019 - 10:36 Source

country

We live in a world where democracy is a threat and freedom is a punishment, where you can’t tell a turd from a diamond, where 5G is trumpeted even as it threatens to kill us, where the prevailing ethos is buyer-beware and where anyone against warmongering and eternal war is smeared and painted as a monster.

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MacroBusiness Monday, February 11, 2019 - 10:30 Source

Domain has the scoop: Independent candidate Zali Steggall is on track to replace former prime minister Tony Abbott as the federal member for Warringah, according to a ReachTEL poll commissioned by GetUp. The activist group, which is campaigning to oust Mr Abbott from his traditionally Liberal seat on Sydney’s northern beaches, commissioned a poll of

The post Abbottalypse now? appeared first on MacroBusiness.

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Renew Economy Monday, February 11, 2019 - 10:28 Source

Grattan debunks conservative claims that an increase in renewable energy will inevitably make the electricity system less reliable, and says such views are both wrong and dangerous.

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MacroBusiness Monday, February 11, 2019 - 10:15 Source

By Leith van Onselen The boom and bust of Perth and Darwin’s housing markets have been well documented on MB. Prices have fallen sharply since 2014: Population growth cratered just as dwelling construction boomed: Leading to surging rental vacancies: Now, CoreLogic has released research showing that Perth’s and Darwin’s dwelling values have fallen by more

The post The epic twin crashes of Perth and Darwin property appeared first on MacroBusiness.

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MacroBusiness Monday, February 11, 2019 - 10:00 Source

Shane Oliver has penned a creditable piece on China: Why growth in China is unlikely to slow too far and why it needs to save less and spend more Scepticism about China’s economic success amongst (mostly western) investment commentators has been an issue for as long as I can remember. The current China worries mainly

The post Why Shane Oliver may be wrong on a China soft landing appeared first on MacroBusiness.

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