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MacroBusiness Friday, February 16, 2018 - 00:10 Source

By Leith van Onselen In the week ended 15 February 2018, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell another 0.08%: Values fell across most major markets, but was again led by Sydney: So far in February, dwelling values are down 0.17%, again led by Sydney: So

The post CoreLogic weekly Australian house price update: Still melting appeared first on MacroBusiness.

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MacroBusiness Friday, February 16, 2018 - 00:05 Source

The problem with hanging your competitive advantage upon corruption is that eventually it comes back to bite: The nation’s top universities fear they are becoming collateral damage in the war of rhetoric with China after Beijing issued a blanket warning to current and potential students that Australia was an unsafe place. The statement, written in Mandarin and

The post Chinese blow back for Dastayri Affair turns real appeared first on MacroBusiness.

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MacroBusiness Friday, February 16, 2018 - 00:01 Source

Global Macro / Markets / Investing: Chart: The Rising Speed of Technological Adoption – Visual Capitalist The Side Effects of the Decline of Men – Bloomberg AI: A business guide to raising artificial intelligence in a digital economy – ZD Net How Artificial Intelligence Is Edging Its Way Into Our Lives – NY Times Blockchain

The post Links 16 February 2018 appeared first on MacroBusiness.

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Renew Economy Thursday, February 15, 2018 - 22:37 Source

German energy giant Innogy enters Australia market, buying two large solar projects and on the lookout for wind projects and battery storage.

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The Australian Independent Media Network Thursday, February 15, 2018 - 20:46 Source

Michaelia Cash must have been hoping that everyone would keep looking at Barnaby when she chose to stick her head up today to spruik her take on the latest labour force survey but, thankfully, some journalists have memories that stretch back further than last week. QUESTION: Senator Cash, is your office being investigated by the AFP…

The post Michaelia is hoping we have short memories appeared first on The AIM Network.

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The Australian Independent Media Network Thursday, February 15, 2018 - 20:15 Source

Justice is an elastic concept. Like other terms in law, it has room to expand and contract. But one weakness burdens legal strictures that supposedly have an objective reality to them: power. Power brutish, power as a spectral force, and power arbitrarily exercised. Any reading of Julian Assange’s case must be, to that end, understood…

The post Assange, Judge Arbuthnot and the Arrest Warrant appeared first on The AIM Network.

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politicalowl Thursday, February 15, 2018 - 20:07 Source

That's what Malcolm Turnbull said but the Owl thinks some translation is needed.

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Harrangue Man Thursday, February 15, 2018 - 19:14 Source

theboy has some sort of deal where he can send me text messages from his iPad and it doesn't cost us anything.Then he texted a pic of Santa and added "That's my Dad".I feel like Jerry Seinfeld after The Puffy Shirt; there's no come-back to that.

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Harrangue Man Thursday, February 15, 2018 - 18:50 Source

Today in chicken land the chickens tried and decided:Granny Smith apple, skin-side-out (equals) no.Granny Smith apple, inside-facing-out or already skinned (equals) yesThree-legged cockroach who had four legs until I stepped on it that I then picked it up with my human fingers and threw it into the pen to a Polish scruff (equals) yes. theboy does not like the GS type of apple so they're all for the chickens now. And yes, I will peel the skin off before I give it to them because otherwise they won't eat them.

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Harrangue Man Thursday, February 15, 2018 - 18:30 Source

It was after the shower it got me; the desire to claw at my face. I kept it up right until the others got home. I greeted them then hid in the shed to pick some more until thewife came in and asked what I was doing."I am hiding in here so I can pick my face," I said. She asked what happened to the cream-plus-bandaid-after-shower plan, after having put a fresh dressing on me in my sleep to stop this sort of shit.

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politicalowl Thursday, February 15, 2018 - 18:12 Source

It is not a matter of the job needing Barnaby Joyce, it is Barnaby Joyce needing the job. Clearly the Deputy Prime Minister is not intending to move anywhere. He will cop the humiliation of being passed over for the honour of acting as the real Prime Minister. He will fight to the very last to keep what he's got.Which is not strange really. The man now has two families to support with a property settlement not far away.

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Damian Smith Thursday, February 15, 2018 - 17:42 Source

In the wake of the latest mass shooting at a United States school, and almost certainly not the last, comes the inevitable madrigal of “thoughts and prayers” for the victims, as well the also inevitable refusal to make any significant changes to curb these tragedies in the future.

The merits and efficacy of gun control are clear and undeniable and I shan’t be reiterating them here  - others will do so, and rightfully, but I wish to take this debate in a different direction.

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MacroBusiness Thursday, February 15, 2018 - 17:18 Source

Its all systems go in risk markets here in Asia today as the solid night on Wall Street translated into outsized gains for stocks. The falling USD helped, even though Yen made another high it didn’t drag down Japanese markets as expected. Chinese markets were closed for the New Year celebrations. S&P futures are up

The post Macro Afternoon appeared first on MacroBusiness.

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Inside Story Thursday, February 15, 2018 - 16:08 Source

The Batman by-election puts the Greens back into the political spotlight. With so many parties in our parliaments now, they had largely slipped from sight. But if conventional wisdom is right, they are about to change the momentum of Australian politics by taking a seat from Labor.

Whether the conventional wisdom is right is debatable. For now, though, the bookies have the Greens as heavy odds-on on favourites to win on 17 March — and the cognoscenti agree. If they’re right, that will deflate Labor’s tyres as it enters the turn into what is expected to be an election later this year. And that matters.

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The Australian Independent Media Network Thursday, February 15, 2018 - 16:00 Source

By Terence Mills Alan Joyce, CEO of Qantas and not the partner of Barnaby Joyce, gave us a 101 lesson in taxation and basic economics this morning. I’m still trying to get my head around it but the gist of it is that if in your daily endeavours you can ensure that your expenditure exceeds…

The post Income Tax 101 brought to you by Mr Joyce (the other one) appeared first on The AIM Network.

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Renew Economy Thursday, February 15, 2018 - 15:27 Source

Coalition gives no indication of changing emissions targets, but wants five years' notice, and may use offsets. ESB flags potential use of auctions for reliability mechanism and greater use of demand response. It might not even be needed.

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Renew Economy Thursday, February 15, 2018 - 15:11 Source

Origin results tell similar tale to AGL - a big utility making money out of rising prices, and battling a backlash from consumers.

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Renew Economy Thursday, February 15, 2018 - 15:07 Source

New Climate Council report highlights growing number of large scale energy storage projects being rolled out across the east and west coast grids.

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Renew Economy Thursday, February 15, 2018 - 15:04 Source

File this one under Tough Love… Two years ago the Total Environment Centre joined the Australian Energy Regulator in defending the its decision to reject a bid by SA Power Networks to introduce a solar tariff. It would have resulted in solar owners paying more for their grid imports on the basis of what the […]

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Renew Economy Thursday, February 15, 2018 - 14:54 Source

IEA warns Australia not to miss the importance of solar, although it does suggest that Australia waste more money on CCS.

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Renew Economy Thursday, February 15, 2018 - 14:42 Source

Origin is earning itself the right to grow by performing better, but the trick will be to sell the interest in APLNG in the next few years, and to replace Eraring with competitive dispatchable renewable generation.

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MacroBusiness Thursday, February 15, 2018 - 14:34 Source

As with all things Do-nothing Malcolm, it is now turning into a circus: Deputy Prime Minister Barnaby Joyce is taking leave while Malcolm Turnbull is in the US next week and will not take the role of acting prime minister. Mr Turnbull announced in Question Time that Mr Joyce would be on leave from the

The post Inbred Tomato will not be Acting PM appeared first on MacroBusiness.

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MacroBusiness Thursday, February 15, 2018 - 14:19 Source

Via S&P: Australian mortgage arrears fell 7% year on year to 1.07% in December, according to a recent report by S&P Global Ratings. Improving employment conditions are helping to keep arrears low. While there are risks in this environment of cautious economic optimism, we expect arrears to remain stable, with small movements driven by changes

The post Aussie mortgage arrears continue to fall appeared first on MacroBusiness.

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MacroBusiness Thursday, February 15, 2018 - 13:30 Source

By Leith van Onselen With One Nation holding the balance of power in the Senate, leader Pauline Hanson has signalled that the party will vote against a proposed 0.5% increase in the Medicare levy to finance the National Disability Insurance Scheme. Ms Hanson says she is still holding talks with the Government, but she says

The post Medicare levy increase is more War on Youth appeared first on MacroBusiness.

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MacroBusiness Thursday, February 15, 2018 - 13:10 Source

Via Moody’s: APRA’s proposed changes to capital framework are credit positive for Australian banks The Australian Prudential Regulation Authority’s (APRA) proposed revisions to its capital framework for authorized deposit taking institutions (ADIs) are credit positive for the sector because they will improve the alignment of capital and asset risk in ADI loan portfolios. A particularly

The post Moody’s endorses APRA’s specufestor smash appeared first on MacroBusiness.

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Renew Economy Thursday, February 15, 2018 - 13:09 Source

The project will generate revenue to UGL of approximately $170 million and is due to commence in early 2018, with power generation to the grid expected in 2019.

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Renew Economy Thursday, February 15, 2018 - 13:05 Source

The Hon. Lily D’Ambrosio MP, Victoria’s Minister for Energy, Environment and Climate Change, today visited ACCIONA’s under-construction Mt Gellibrand wind farm.

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MacroBusiness Thursday, February 15, 2018 - 13:00 Source

From “Racism” Rob Burgess: As reported recently, the reality is that the ‘effective’ tax rate for Australian companies is well below US company taxes, even after President Donald Trump slashed the headline rate from 35 to 21 per cent. …For once, One Nation leader Pauline Hanson has got her economic ideas straight on this matter. She correctly points out

The post Turnbull’s big company tax cut mistake appeared first on MacroBusiness.

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Renew Economy Thursday, February 15, 2018 - 12:59 Source

The record-breaking n-type mono-crystalline silicon solar cell was fabricated on a large-sized industrial phosphorous-doped Cz Silicon substrate with a low-cost industrial IBC process, featuring conventional tube doping technologies and fully screen-printed metallization.

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The Australian Independent Media Network Thursday, February 15, 2018 - 12:38 Source

Here’s a light-hearted little yarn for the weekend. A Melbourne story. It is true in every way, myself witnessing some of it and having got the details from the man’s wife. The last I heard, he was being studied by one of the Melbourne unis as to why he had not yet died from such…

The post A Trivial Enquiry appeared first on The AIM Network.

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