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Your Democracy Sunday, May 24, 2020 - 10:40 Source

worship

US President Donald Trump has deemed churches and other houses of worship essential and called on governors across the country to allow them to reopen this weekend, even as some parts of the nation remain under coronavirus lockdown.

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THE BLOT REPORT Sunday, May 24, 2020 - 09:52 Source

The National COVID-19 Coordination
Commission (NCCC) is supposed to coordinate advice to the federal government on actions to anticipate
and mitigate the economic and social impacts of the global COVID-19 pandemic1.
The commission’s chairman is Neville Power, a former Managing Director and CEO
of Fortescue Metals Group Ltd and current Deputy Chairman of Strike Energy Ltd2.
A leaked draft report by a manufacturing taskforce (led by
NCCC board member, Dow Chemical executive and Saudi Aramco board member, Andrew
Liveris) advising the NCCC, recommends the Morrison government dramatically increase

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Your Democracy Sunday, May 24, 2020 - 06:49 Source

bugs

Individually, we are intelligent… We have evolved and we have developed intelligence. From the age when we can support ourselves and our family we do whatever we can to use the system in which we are born into.

 

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Poll Bludger Sunday, May 24, 2020 - 06:07 Source

A look at efforts to get to the bottom of last year's federal election pollster failure and the Electoral Commission of Queensland's recent election night meltdown.

The post On failure appeared first on The Poll Bludger.

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The Australian Independent Media Network Sunday, May 24, 2020 - 06:00 Source

In my recent article I concluded with: Confronted with the fact that no one wants to invest in coal, what do you do? One is you set up an inquiry, stack it with lovers of the clean black stuff, and call it the ”King review.” The idea is to grab some cash from the $2…

The post We are being conned if we believe the government appeared first on The AIM Network.

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The Australian Independent Media Network Sunday, May 24, 2020 - 01:20 Source

In trying to catch up on my emails before going to bed – late as always – I started reading the lead article in  The New York Times – Opinion Today – which, as it is probably pay-walled you might not be able to read here. I had one of those light bulb moments! The…

The post A light bulb moment! appeared first on The AIM Network.

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MacroBusiness Saturday, May 23, 2020 - 22:32 Source

Pivot Suspension, Rupert Boynes, 1966, Art Gallery of NSW   Macro & Markets Leading economist warns of 10 years of depression and debt – BBC (Roubini) China Tests Global Diplomacy and Economy – Bloomberg, El-Erian Central banks are creating ‘fake markets,’ Bank of America strategists say – CNBC Trade conflict in the age of Covid-19

The post Sunday Supplement: 24 May, 2020 appeared first on MacroBusiness.

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John Quiggin Saturday, May 23, 2020 - 21:07 Source

Mitchell, Wray and Watts Macroeconomics p 323, give a the correct version of the #MMT position on budget aggregates .

Taxes create real resource space in which the government can fulfil its socio-economic mandate. Taxes reduce the non-government sector’s purchasing power and hence its ability to command real resources for the government to command with its spending.

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Your Democracy Saturday, May 23, 2020 - 17:10 Source

sheep

The origins of populism partly lie in the humiliations associated with the uphill struggle to become, at best, an inferior copy of a superior model.

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The Australian Independent Media Network Saturday, May 23, 2020 - 15:15 Source

It has been a withering time for the airlines, whose unused planes moulder in a gruelling waiting game of survival. The receivers are smacking their lips; administration has become a reality for many. Governments across the globe dispute what measures to ease in response to the coronavirus pandemic; travel has been largely suspended; and the…

The post Patterns of Compromise: The EasyJet Data Breach appeared first on The AIM Network.

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THE BLOT REPORT Saturday, May 23, 2020 - 14:42 Source
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The Australian Independent Media Network Saturday, May 23, 2020 - 14:00 Source

When so many in business started stressing the need for the government to tackle the COVID-19 recovery and action on climate change, simultaneously, I foolishly let my hopes rise that the government might, for once, recognise that planning for the future took priority over courting favours from the fossil fuel industry. Silly me! Clearly the…

The post Climate change and managing the economy appeared first on The AIM Network.

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Renew Economy Saturday, May 23, 2020 - 13:04 Source

Risen Energy joins 5B, Tesla, Enphase, and software billionaire Mike Cannon-Brookes in bid to power bushfire-affected communities with stand-alone solar and storage.

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The Australian Independent Media Network Saturday, May 23, 2020 - 12:11 Source

It’s been quite a week for the Coalition government what with China calling us a joke after cancelling some of our exports, Peter “He Who Must Not Be Named” Dutton calling for the opening of borders, and Stuart Robert trying to shut down the Abbotsford Centrelink office. In the case of the Centrelink office, it…

The post Frydenberg: Best Economic Manager Ever Improves Budget By $60 Billion Overnight! appeared first on The AIM Network.

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Your Democracy Saturday, May 23, 2020 - 06:14 Source
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MacroBusiness Saturday, May 23, 2020 - 00:01 Source

Global Macro / Markets / Investing: COVID-era junk bond deals begin to go sour in just 2 months – Reuters China-led Globalization Is Coming To An End – Forbes U.S.-China tensions are flaring on a new front: the financial markets – CNBC Reopening won’t fix the economy. Beating the virus will. – Business Insider You

The post Weekend Reading 23-24 May 2020 appeared first on MacroBusiness.

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Your Democracy Friday, May 22, 2020 - 19:07 Source
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MacroBusiness Friday, May 22, 2020 - 17:00 Source

It looks like the risk complex has had enough of buying, with all stock markets coming up against resistance and unable to push through, the catalyst today being the Chinese revision in official GDP growth targets, coupled with the clear death of freedom in Hong Kong. The USD continues to firm against all the majors

The post Macro Afternoon appeared first on MacroBusiness.

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Poll Bludger Friday, May 22, 2020 - 16:02 Source

Four months before the September 19 election, Labour takes a huge lead over National owing to Jacinda Ardern’s coronavirus response.  Guest post by Adrian Beaumont.

The post New Zealand Labour surges into high 50s in polls appeared first on The Poll Bludger.

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Renew Economy Friday, May 22, 2020 - 14:58 Source

Scott morrison parliament eyes closes transparency aap - optimisedLabor, Greens and Independent MPs called for transparency around federal government's economic response to Covid-19, as it looks set to embrace fossil fuels at expense of green recovery.

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New Politics Friday, May 22, 2020 - 14:24 Source

Listen to our latest podcast! The contents:

The Australian economy is falling into a heap, and what better way to provide a cushion to the economy than to start a fruitless diplomatic stoush with China, our largest trading partner.

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MacroBusiness Friday, May 22, 2020 - 14:20 Source

Chief lobbyist for the international education industry, Phil Honeywood, has threatened the governments with “serious questions” if they refuse to open borders to international students: International Education Association chief executive Phil Honeywood told The Australian that the states should agree on a uniform plan to bring foreign students in, or threaten the sector’s reputation with

The post It’s time to gag international student lobbyists appeared first on MacroBusiness.

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MacroBusiness Friday, May 22, 2020 - 14:19 Source

Foxtel’s new online streaming service ‘Binge’ will reportedly launch next week with an expected monthly price tag of $15. The service will give subscribers access to over 10,000 hours of content, including curated local and international dramas and movies. Foxtel is hoping that the new service will drive subscription growth by attracting new customers that

The post Cash starved Foxtel eats itself appeared first on MacroBusiness.

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Renew Economy Friday, May 22, 2020 - 14:06 Source

Meridian proposes to build a two-part 130MW wind plus battery storage project in NSW New England region, 40km south of Glen Innes.

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MacroBusiness Friday, May 22, 2020 - 14:00 Source

Economist Ross Garnaut is the latest grey beard to demand a quick resumption in “immigration to pre-pandemic levels”: “No other developed economy of comparable size has benefited as much as Australia from the easy international movement of people – for business, pleasure, education, and to build new lives as migrants.” Australia has run an extreme

The post Ross Garnaut joins Big Australia dills appeared first on MacroBusiness.

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Renew Economy Friday, May 22, 2020 - 13:50 Source

Pollution and Dead Tree erf auction emissions tree - optimisedPicking winners and playing favourites has always been poor policy, but the technology roadmap shows us that this is what the Morrison government intends to do.

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Renew Economy Friday, May 22, 2020 - 13:42 Source

Gas industry tries to throw a live grenade into Australia's economic bunker. But it is the sheer range and scale of proposed government subsidies that beggars belief.

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MacroBusiness Friday, May 22, 2020 - 13:40 Source

The lengths politicians will go to support the mass immigration ponzi knows no bounds. Rather than slowing the deluge by halving immigration, Sydney’s Lord Mayor Clover Moore wants to gobble up Sydney’s golf courses: Clover Moore renewed a push to halve the size of Moore Park Golf Course to free up more parkland for the

The post Sydney Lord Mayor feeds golfers to developers appeared first on MacroBusiness.

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MacroBusiness Friday, May 22, 2020 - 13:20 Source

CoreLogic has released the final auction clearance rate for last weekend, which has rebounded to 60.4%; albeit off very weak volumes: According to CoreLogic: The capital city final auction clearance rate came in at 60.4% last week, surpassing the previous week’s 59.9% as the highest final result we’ve seen since Mid-March. The improved clearance rate

The post Auction market fails to launch as lockdowns eased appeared first on MacroBusiness.

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MacroBusiness Friday, May 22, 2020 - 13:00 Source

He’s seriously biased: Just as there is a human life cycle that typically lasts about 80 years (give or take) and no two are exactly the same but most are similar, there is an analogous empire life cycle that has its own typical patterns.  For example, for most of us, during the first phase of

The post Ray Dalio talks hogwash on The Great Chinese Empire appeared first on MacroBusiness.

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