Blogotariat

TrueGreen and Nexport commit to building a $700 million plant to make electric vehicles - including cars, buses and trucks - at 51 hectare site in Southern Highlands.

I’m not sure how we’re supposed to discuss our future when this happens. At Domain: Senator Andrew Bragg has denounced as “degrading and regrettable” calls for Chinese Australians to pledge their loyalty, adding to the controversy that embroiled his Liberal Party colleague Eric Abetz. Senator Abetz declined to apologise for remarks at a Senate inquiry

The post Questions over Chinese loyalties swamped by race baiting appeared first on MacroBusiness.

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Back in 2016, Australian economics titan, Tim Toohey, forecast a new Australian boom: Goldman Sachs has upgraded its Australian dollar and economic growth forecasts. “As we look out to 2017 and beyond, we believe Australia has moved through an important transition point and with it has emerged the prospect of stronger and less volatile real

The post RBA has indeed joined the global currency war and thank god for it appeared first on MacroBusiness.

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Deloitte chief economist, Chris Richardson, has long been a vocal proponent of mass immigration and previously called for Australia to lift its already turbo-charged immigration levels. So, it’s not surprising that Deloitte is the latest economic outfit to sound the alarm over Australia’s lower population projections in response to the COVID-19 pandemic: When borders open

The post Deloitte pushes population panic button appeared first on MacroBusiness.

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Lordy, I’m getting whiplash. Recall Shadow Trade Minister Madeleine King, previously a China apologist: Opposition trade spokeswoman Madeleine King has targeted high-profile Liberal MP Andrew Hastie, labelling him a political ideologue who is hijacking the debate about Australia’s relationship with China. But Mr Hastie responded saying she was muddled and asleep at the wheel when

The post Shadow Minister for flip-flopping demands new China kowtow appeared first on MacroBusiness.

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Gas cartel apologist, Energy Quest, is doing the dirty work as usual, at The Australian: …Transporting gas from the three Queensland LNG export plants at Gladstone down to Melbourne would be cheaper by LNG tanker than pipeline, according to EnergyQuest, although liquefaction costs need to be taken into consideration. It estimates a cost of 54c

The post Gas cartel readies to gouge imports of our own gas appeared first on MacroBusiness.

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Nexif finally moves to second stage of Lincoln Gap wind and battery project in South Australia after changing turbine suppliers and fine-tuning regulatory approvals.

It was a good time not long time. Via ABC: Christine Liu has always resisted asking her parents for money, but when the coronavirus pandemic hit, she didn’t have a choice. “I felt guilty … even though I can hardly make ends meet, I didn’t want to ask,” Ms Liu said. “I think the impact

The post Decoupling accelerates as daigou collapses appeared first on MacroBusiness.

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It’s a shame people have to learn the hard way but there it is. Via Domain: What’s to become of us, Melbourne, this once-humming city so open to the world, now stalled and shuttered? …We’d opened ourselves to the world, embraced globalisation and remade ourselves as a smarty-arty economy based on knowledge and services. We’d

The post It will take twenty years to restore Marvellous Melbourne appeared first on MacroBusiness.

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Last week I offered a few suggestions to Australia’s league of failing economists in the hope that some might escape the mediocrity of debate that is holding the nation back. Paramount was that they should avoid the Australian Financial Review because, frankly, it has no idea what it is talking about when it comes to

The post The AFR is completely lost on macroeconomics appeared first on MacroBusiness.

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Wall Street finished Friday night with a fizzer, despite a very strong US retail sales print with European markets putting in a better result. Industrial production for September disappointed however, sending all the industrial metals down and bond yields rose slightly higher. A mixed finish to the trading week with the lack of firm upside

The post Macro Morning appeared first on MacroBusiness.

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These days the media has largely caught up with MB’s disgust at the state of our corrupt politics. More and more I see stories outlining the collapse of accountability. To begin with, the Westminster system of government never had a lot of accountability embedded in law. Accountability was more the tradition than the rule, a

The post NSW bows to Virgin Premier, VIC to Chairman Dan appeared first on MacroBusiness.

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That is the question confronting every Fake Green today. The godfather of Australian environmentalism, the man who got arrested, who blockaded Franklyn Dam, who ploughed through the slings and arrows of fossil-fuel rent-seekers, who gave environmentalism power, who is gay, who is left, who is a living legend of global green politics, is now being

The post If Bob Brown fell in a wood, but no Green saw it, did it happen? appeared first on MacroBusiness.

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