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Renew Economy Thursday, June 14, 2018 - 14:26 Source

Two new solar farms ready to begin production as list of projects in the pipeline jumps to a breath-taking 35GW.

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The Australian Independent Media Network Thursday, June 14, 2018 - 14:15 Source

Earth, Air, Fire and Water … The humanist side of politics see them as spiritual elements that need to be respected even when being put to use … The corporate side of politics see them as an opportunity to capitalise upon for personal enrichment … and there is the left – right divide. But mother…

The post Four principle elements of life appeared first on The AIM Network.

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Renew Economy Thursday, June 14, 2018 - 14:13 Source

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

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Renew Economy Thursday, June 14, 2018 - 14:06 Source

Fledgling Chinese auto-maker raises $US500m to go towards preparation of all-electric fleet for market by end 2019.

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Renew Economy Thursday, June 14, 2018 - 13:30 Source

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

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Harrangue Man Thursday, June 14, 2018 - 13:28 Source

Malcolm from Malcolm (1986) on his tram ride across Melbourne. The song is "Music for a Found Harmonium".

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MacroBusiness Thursday, June 14, 2018 - 13:15 Source

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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MacroBusiness Thursday, June 14, 2018 - 12:34 Source

By Leith van Onselen As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for May, which registered a 12,000 increase in total employment and a decrease in the headline unemployment rate to 5.4% from 5.6%, driven by falling labour force participation. In trend terms, the unemployment rate fell marginally

The post Employment in detail: Good from afar but far from good appeared first on MacroBusiness.

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Harrangue Man Thursday, June 14, 2018 - 12:22 Source

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.

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MacroBusiness Thursday, June 14, 2018 - 12:03 Source

Via Godfreys today: Is the June sales collapse the result of the new executive team or the market? It’s not helping JBH or HVN today. The former looks ominously like the bearish descending triangle chart of the big Australian banks:

The post Godreys sales collapse canary? appeared first on MacroBusiness.

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MacroBusiness Thursday, June 14, 2018 - 11:53 Source

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

The post CBA share price free fall continues appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, June 14, 2018 - 11:36 Source

From the beginning, the Coalition government has shown an unhealthy disregard for the law, using it for political purposes when it suits them and ignoring it when it doesn’t. One of their first acts in October 2013 was to launch a high court challenge to overturn the ACT’s recently enacted same sex marriage laws.  The…

The post The law should not be a plaything of the government appeared first on The AIM Network.

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MacroBusiness Thursday, June 14, 2018 - 11:32 Source

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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MacroBusiness Thursday, June 14, 2018 - 11:30 Source

Some more good work from Damien Boey at Credit Suisse today: US inflation picks up a little further US headline CPI rose by 0.2% in May, taking year-ended headline inflation higher to 2.8% from 2.5%. Excluding food and energy, core CPI rose by 0.2% over the month, taking year-ended core inflation slightly higher to 2.2%

The post When will the US economy fall off its fiscal cliff? appeared first on MacroBusiness.

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MacroBusiness Thursday, June 14, 2018 - 11:30 Source

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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MacroBusiness Thursday, June 14, 2018 - 11:15 Source

By Leith van Onselen The REINZ has released its house price data for May, which revealed a 1.1% seasonally adjusted monthly rise in the national median house price, with prices also up 4.5% year-on-year: Outside of Auckland, seasonally adjusted house prices fell by 0.3% in May, with prices up 5.3% year-on-year. Looking at the major

The post Auckland house prices continue to drift lower appeared first on MacroBusiness.

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MacroBusiness Thursday, June 14, 2018 - 11:00 Source

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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MacroBusiness Thursday, June 14, 2018 - 10:52 Source

Via the AFR: A typical deposit on a $1 million residential property has nearly tripled from about $50,000 to $150,000 as borrowers commit to tougher standards demanded by regulators, increasing pressure on the Bank of Mum and Dad or unsecured loans to make up shortfalls, lending analysis shows. Deposits required for nearly eight-out-of-10 loans have

The post Mortgage deposits triple as credit crunch hits appeared first on MacroBusiness.

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MacroBusiness Thursday, June 14, 2018 - 10:43 Source

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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MacroBusiness Thursday, June 14, 2018 - 10:30 Source

By Leith van Onselen The Australian reports that the Turnbull Government is considering a basic English test for all new permanent migrants amid concerns that by 2021, more than one million ­people in Australia could have ­little or no English skills: The move to consider mandating English language tests beyond citizenship applicants and apply a basic

The post Coalition mulls basic English test for permanent migrants appeared first on MacroBusiness.

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MacroBusiness Thursday, June 14, 2018 - 10:00 Source

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

The post China and the “web of patronage” appeared first on MacroBusiness.

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MacroBusiness Thursday, June 14, 2018 - 09:30 Source

Via the IEA’s OMR: In this month’s OMR, we publish our first estimates for global oil demand and non-OPEC supply for 2019. Rapidly rising prices in recent months have raised doubts about the strength of demand growth, and we have modestly downgraded our estimate for 2018. Prices are unlikely to increase as sharply as they did

The post What next for oil? appeared first on MacroBusiness.

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MacroBusiness Thursday, June 14, 2018 - 09:00 Source

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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MacroBusiness Thursday, June 14, 2018 - 08:45 Source

By Chris Becker Well the FOMC meeting has come and gone – no rate rise – but all risk markets went volatile on the admission the Fed is looking to steepen its rate rise agenda. Currencies were thrown about but the USD ended up where it started, while the US Treasury bond market was sold

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Thursday, June 14, 2018 - 07:26 Source

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.

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The Global Mail - Syndicated Stories Thursday, June 14, 2018 - 07:20 Source

There is a general market slide. The fact is cryptos are down more than $20 billion in the last 24 hours alone. So, while many insist that these are definite long coverings considering the consistently low prices accompanying these long […]

The post Weekly Cryptocurrency Price Analysis: Bitcoin, Ethereum, Ripple, Bitcoin Cash and NEO appeared first on The Global Mail.

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Renew Economy Thursday, June 14, 2018 - 07:13 Source

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.

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The Australian Independent Media Network Thursday, June 14, 2018 - 06:00 Source

Thursday 14 June 2018 It’s strange how we humans judge each other. We seem to attach ourselves to others or teams of others all with varying qualifications, distinctions and virtue. We lock ourselves into groups for various reasons be it sporting teams, spiritual leaning or political parties. “No man is an island” did I hear…

The post Day to Day Politics: ‘Electricity Bill’ was electrifying with a very bright spark. appeared first on The AIM Network.

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MacroBusiness Thursday, June 14, 2018 - 05:40 Source

DXY and EUR was virtually unchanged overnight: AUD was weak against DMs and fell sharply after the Fed (for about five minutes before rebounding): EM FX was mixed: Gold is still bogged: Oil jumped at falling US inventories: Base metals eased: Big miners eased up: EM stocks fell: EM junk knows only one way. The

The post Fed whacks Australian dollar appeared first on MacroBusiness.

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Poll Bludger Thursday, June 14, 2018 - 05:07 Source

Federal electoral news nuggets, sourced from Western Australia and the Australian Capital Territory.

The post Mid-week miscellany appeared first on The Poll Bludger.

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