Blogotariat

Construction underway at Goldwind's 530MW Stockyard Hill Wind Farm in Victoria, one of Australia's biggest and cheapest wind projects.

After choosing to stop to recharge on first leg of Finke desert race, Acciona electric car pushed the limits on the return journey.

By Leith van Onselen Back in October, REA chief economist, Nerida Conisbee, penned a self-serving article claiming that “cutting immigration won’t help housing” and would erode living standards: There’s no doubt that the more people there are living in Sydney and Melbourne, the higher property prices go. This has led to some commentary about migration

The post REA flips the script: lower house prices are now good appeared first on MacroBusiness.

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If you've ever had a workplace injury there is a lot of paperwork. It's stressful paperwork and for me so much so I had to make thewife my appointed representative. I was filling out positive paperwork; there are no scary things here. But because I filled out forms I had the yips because it is reminding me of the horrifying paperwork mountain faced before.It is not logical; I should not have been anxious.

AUD is stable through the morning: Bonds are bid: XJO is flat: Dalian too: Big iron is rebounding: Big Gas is down: Big Gold is mixed: The CBA free fall below broken support continues. WBC too. Given the 10% divi-bribe, markets are definitely beginning to price an earnings problem: No such issues for REA which

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The ABS is out with May jobs and the news is more softening: SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)  Employment increased 12,000 to 12,518,300. Full-time employment decreased 20,600 to 8,521,400 and part-time employment increased 32,600 to 3,996,900. Unemployment decreased 26,800 to 714,600. The number of unemployed persons looking for full-time work decreased 11,200 to 494,300 and

The post Australian jobs market continues to soften appeared first on MacroBusiness.

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By Leith van Onselen The Australian’s Adam Creighton has penned a strong rebuke of the debate around income tax cuts, claiming that both sides of politics are looking to increase Australian’s tax burden: Voters have Hobson’s choice when it comes to tax. Both major parties are proposing to increase income tax, the Coalition only a

The post Key issues missed in the endless tax debate appeared first on MacroBusiness.

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By Leith van Onselen Toronto’s housing market appears to have stabilised after both prices and sales abruptly plunged. The Teranet-National Bank House Price Index for May was released overnight, which shows that house prices in Toronto have begun to rebound after plunging 7.4% between July and December 2017: As at May, Toronto values were 5.9% below

The post Toronto house prices find bottom after sharp plunge appeared first on MacroBusiness.

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Today, 12:30 PM (GMT + 11:00) Today on MB Fund Webinar, Quant Rocks – Quality Counts. The Quant Rocks series gives you the opportunity to hear from MB Fund Head of Investments – Damien Klassen. Walking through his tools in picking quality stocks. Join us as Damien and Tim Fuller walk through Quantitative Research Methods

The post Live this Afternoon | MB Fund Webinar: Quant Rocks – Quality Counts appeared first on MacroBusiness.

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Via Domainfax: A former Fairfax Media editor being sued for defamation by Chinese-Australian billionaire Chau Chak Wing has told the Federal Court he feared being drawn into a “reciprocity trap” or “web of patronage” after the property developer lavished him with expensive gifts. Garnaut flew with an assistant to China and was met “on the air

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By Leith van Onselen President of the Real Estate Institute of Australia (REIA), Malcolm Gunning, is the latest to turn bearish on Australian housing, forecasting falls of 5% to 6% across the Eastern Seaboard by the end of the year: Mr Gunning said the credit squeeze was taking its toll on the eastern seaboard, with buyers

The post REIA: Credit crunch to hit house prices hard by year end appeared first on MacroBusiness.

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Queensland investigating claims that mining company New Hope may have circumvented due process by expanding stage 2 operations at its New Acland coalmine without approval.

New research suggests households most likely to join in the solar spree are affluent enough to afford upfront investment, but not so wealthy to not worry about future power bills.