Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Queen’s Birthday links, June 8, 2015

June 8, 2015 - 01:12 -- Admin

Asia China Merchants’ explosive private-banking growth sets up global expansion push – SCMP Finance ministers’ talks back on track – SCMP Androids invade Japan’s service industry – Nikkei Asian Review Japan’s fertility rate headed for long-term decline – Nikkei Asian Review The key to India’s economy? Look to the heavens – Nikkei Asian Review Turks

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Weekend Links June 6-7, 2015

June 6, 2015 - 10:09 -- Admin

 ….updated Sunday morning… China China’s Stock Market Capitalization Set to Reach $10 Trillion – Bloomberg China’s retail investors don’t care what you think about their stock market – CER Banking on a Remote Future for Chinese Homes – Caixin Asia Growth pains for Asia’s eco-capitalists – Reuters India GDP growth is one-third statistical illusion –

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

ASX at the close

June 5, 2015 - 16:01 -- Admin

Stan Shamu for Chris Weston, Chief Market Strategist at IG Markets News that Greece deferred its IMF payment due this week resulted in a bund rally as the sell-off in Greek bonds resumed. While optimism had been growing that progress had been made in negotiations between Greece and its creditors, it’s clear there is still

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

ACCI right on income & land taxes, wrong on negative gearing

June 5, 2015 - 14:36 -- Admin

By Leith van Onselen The Australian Chamber of Commerce and Industry (ACCI) has provided a response to the Abbott Government’s tax discussion paper, calling on the Government to, among other things, end bracket creep and implement a broad-based land tax in place of inefficient and inequitable stamp duties: The ACCI’s roadmap for tax reform consists

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

BHP joins big oil carbon price push

June 5, 2015 - 13:18 -- Admin

You wouldn’t read about it, from the AFR: In an exclusive interview with AFR Weekend, BHP chief executive Andrew Mackenzie confirmed that he “was in conversation” with the group of six petroleum industry chief executives who are reported to have approached the UN and national governments with expressions of interest in manufacturing a workable global

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

China local debt falls as debt swap stutters

June 5, 2015 - 13:10 -- Admin

Cross-posted from Investing in Chinese Stocks. Jiangsu govt bond issued at 100. Sina shows no trades, but: In the days after the deals printed, the secondary market has shown precisely what it thinks about the pricing of these bonds. Many haven’t traded at all – private investors are clearly giving them a wide berth –

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Four ways to clean up corruption in land rezoning

June 5, 2015 - 13:03 -- Admin

Cross-posted from The Conversation: One routine governance decision prone to corruption is the zoning of our cities. Land zoning rules supposedly ensure complementary uses are co-located while conflicting uses are not. For instance, zoning ensures chemical plants are not built next to schools and electricity grids are planned for areas with future population pockets. But

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The dumbest bubble in history is the RBA’s

June 5, 2015 - 12:45 -- Admin

Chris Joye doesn’t mince words today: There’s only one party to blame for Australia’s unprecedented house price bubble. And it’s not buyers, vendors, developers, immigrants or local councils restricting new approvals. While they have all contributed to the underlying demand and supply dynamics, the unsustainable price growth across Sydney and Melbourne since January 2013 is squarely

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

More on China’s steel output spike

June 5, 2015 - 12:29 -- Admin

From Morgan Stanley on the CISA steel output data I noted this morning, lends more weight to the base case that the output spike is temporary: Our comments: The pickup in daily production is in line with the Tangshan blast furnace operating rate, which was up 1% from early May. The increase in inventory at mills, while

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

How widespread is foreign property buying?

June 5, 2015 - 10:52 -- Admin

By Leith van Onselen Almost daily now I am reading media articles on how foreign nationals are buying-up established housing across Australia, pushing up values and pricing-out locals. For example, yesterday the Central Coast Gosford Express Advocate reported the following about how Chinese nationals are purchasing homes across the New South Wales Central Coast: Chinese

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Pages