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MacroBusiness Thursday, April 19, 2018 - 00:15 Source

By Leith van Onselen The Australian Bureau of Statistics yesterday released its overseas short-term arrivals and departures figures for February, which continued to show a trend rise in the number of inbound visitors, with Chinese arrivals continuing to boom. The number of short-term visitor arrivals rose a seasonal 30.2% in February in original terms, whereas

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MacroBusiness Thursday, April 19, 2018 - 00:15 Source

Via the AFR: State Labor governments are expected to support the Turnbull government’s National Energy Guarantee at Friday’s Council of Australian Governments energy council meeting, but are keen to ensure a future Labor government can increase carbon emission reduction targets. In what is shaping as a major victory for federal Energy Minister Josh Frydenberg –

The post Do-nothing energy guarantee delivers absolutely nothing appeared first on MacroBusiness.

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North Coast Voices Thursday, April 19, 2018 - 00:15 Source

Given representatives of the Institute of Public Affairs Limited (IPA) turn up as guest commentators so frequently these days on television, radio and in newsprint - usually without mention of who they actually represent - perhaps it's time to update deatils of the corporate structure, finances and aims of this group.The Institute of Public Affairs says of itself that it is: Australia's oldest and loudest free market think tank.

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MacroBusiness Thursday, April 19, 2018 - 00:10 Source

Via Martin North: The latest Digital Finance Analytics Household Finance Confidence Index for March 2018 shows a further slide in confidence compared with the previous month. The current score is 92.3, down from 94. 6 in February, and it has continued to drop since October 2016. The trend is firmly lower. Across the states, confidence

The post Household financial confidence slip-slides away appeared first on MacroBusiness.

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MacroBusiness Thursday, April 19, 2018 - 00:05 Source

Iron ore prices for April 18, 2018: Tianjin benchmark added $2 to $66.45. Paper jumped overnight. Steel yesterday. Here’s the driver of the pop: China slashed the RRR for banks. This will free up a bit of lending. However, the PBOC has also been tightening money market rates. That said, bond yields have broken down

The post Daily iron ore price update (stimulus already?) appeared first on MacroBusiness.

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MacroBusiness Thursday, April 19, 2018 - 00:01 Source

Global Macro / Markets / Investing: Cambridge Analytica planned to issue digital currency: sources – Reuters Winning ‘Black Swan’ Investor in 2008 Says Market’s More Fragile – Bloomberg Wall Street’s $6 Trillion Man Fink Is Finally Worth $1 Billion – Bloomberg The Pension Time Bomb: $400 Trillion by 2050 – Visual Capitalist Goldman Reaps the

The post Links 19 April 2018 appeared first on MacroBusiness.

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politicalowl Thursday, April 19, 2018 - 00:00 Source

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politicalowl Wednesday, April 18, 2018 - 23:55 Source
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Core Econ Wednesday, April 18, 2018 - 22:09 Source

My book with Ajay Agrawal and Avi Goldfarb is out now. It is called Prediction Machines: The Simple Economics of Artificial Intelligence.

We have written some pieces that provide little excursions into the book.

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Digitopoly Wednesday, April 18, 2018 - 22:08 Source

My book with Ajay Agrawal and Avi Goldfarb is out now. It is called Prediction Machines: The Simple Economics of Artificial Intelligence.

We have written some pieces that provide little excursions into the book.

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Your Democracy Wednesday, April 18, 2018 - 20:34 Source

mission

By firing missiles on Syria with its French and British allies, the strange President Donald Trump has managed to force the Western powers to accept the end of their unilateral domination of the world. The insignificant result of this demonstration of force drags NATO back to reality. Without having made use of its weapons, Russia now succeeds the Soviet Union in the balance of world power.

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The Australian Independent Media Network Wednesday, April 18, 2018 - 20:11 Source

By 1PETERMCC How poor is the understanding of our energy market by the Coalition government? Check these data. When Tony Abbott became PM he slashed the Renewable Energy Target from 41,000 gigawatt hours to 33,000 claiming the target could not be met. Not only was that revised target met, the original is going to be exceeded, too.…

The post Liberal Energy – The “too hard” party appeared first on The AIM Network.

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Harrangue Man Wednesday, April 18, 2018 - 19:31 Source

It's not meant to, it was an accident, but I managed somehow to slam the pedal of the BYB into my shinbone just outside a McDonald's. I yelled and said words that are not great as I went down ramps to reach lakeside and ride.A pedal connecting to the shinbone is painful. Not piercing and squeezing an ever boil painful but painful nonetheless. I have a bruise across my lower leg where it struck. Fucking hell. I'm out getting exercise and processing distress and I ding my shin with my own super pushie.That's such an Oz thing to do. Next I'll be dinking into the lake.Later I got my ever boil pieced and squeezed.Universe! (shakes fist)

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Cheeseburger Gothic Wednesday, April 18, 2018 - 19:09 Source

... Although it"s not so much the music as the box it comes out of. I just sat and suffered through some terrible song Thomas was playing on his iPhone speaker as he cleaned up the kitchen.

It might have been punishment, for making him clean up the kitchen, but I think probably not. I"ve noticed both kids, and all their friends seem perfectly comfortable playing their music loud though phone speakers that really weren"t meant for broadcast.

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Harrangue Man Wednesday, April 18, 2018 - 16:29 Source

I copped some distressing crap early in the day then had to deal with the outcome. I did a combo of a response, shower then exercise with music. Though my thoughts were still with the distress I didn't rage. I did bust out two Valium though just before the shower. The exercise was an outside ride and the chain came off. With little power and an upward slope I had no chance to glide back on battery. I had to stop and deal with it with the added drama of an urgent wee. I got the chain on after two goes and it stayed on.

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Harrangue Man Wednesday, April 18, 2018 - 16:17 Source

I was leaning across the old wooden chair when my gut rested on the edge and it went right into the belly button. It hurt. I stupidly went "what the fuck was that?" then poked myself there to confirm that's what it was; a self-strike with a chair to the belly button.The confirming poke hurt as much as the chair-issued one. I'm short and fat; it leads to adventures with furniture. Not sexy ones, just basic attempts at avoidance or use.

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Renew Economy Wednesday, April 18, 2018 - 15:48 Source

How do you solve a problem like dusty solar panels? Two SA entrepreneurs and a tractor company have created a solution.

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MacroBusiness Wednesday, April 18, 2018 - 15:40 Source

By Catherine Cashmore The proposal to cut the company tax rate from 30% to 25% has received much media attention. We are repeatedly told it is needed to boost investment. The rational follows that companies are more likely to invest in productivity if they don’t have to pay as much tax on their gross income.

The post Will company tax cuts trickle down or trickle up? appeared first on MacroBusiness.

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Renew Economy Wednesday, April 18, 2018 - 15:06 Source

The new partnership is aimed at developing and implementing Archer’s graphite and graphene materials for use in energy storage system applications, targeting lithium-ion batteries and potentially generating technologies and patents that have commercial applications in reliable energy.

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Renew Economy Wednesday, April 18, 2018 - 15:06 Source

Alan Jones says Craig Kelly should be energy minister. In effect, he already is, because the Coalition's woeful policy is a craven attempt to pacify the right wing. Despite the NEG, or maybe because of it, a bipartisan approach to energy and climate is as elusive as ever.

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Renew Economy Wednesday, April 18, 2018 - 14:40 Source

The Coalition has been an inexhaustible source of confident declarations that renewable energy faced serious, immediate limitations in scale and cost. Let's fact-check that.

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MacroBusiness Wednesday, April 18, 2018 - 14:25 Source

Queen Lucy’s plan for a Sydney dystopia cops more flack from urban planner Chris Brown today: Nauseatingly, the plan boasts of “new thinking” that simply rehashes ideas borrowed from elsewhere. Concepts like the “30-minute city”, “green grid” or “liveability” are not new…The approach is supported by the highly questionable claim that the plan will “align land

The post Queen Lucy’s three city Sydney “plagiarised” from UK appeared first on MacroBusiness.

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Renew Economy Wednesday, April 18, 2018 - 14:06 Source

Malcolm Turnbull's weak climate policy is not going unnoticed at the Commonwealth Heads of Government meeting.

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Renew Economy Wednesday, April 18, 2018 - 14:06 Source

Malcolm Turnbull's weak climate policy is not going unnoticed at the Commonwealth Heads of Government meeting.

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MacroBusiness Wednesday, April 18, 2018 - 13:55 Source

By Leith van Onselen Yesterday, I posted an article stating why The Greens’ proposal to legalisation marijuana is sensible policy, namely because: It would bring marijuana in line with alcohol and tobacco, which are both legal and regulated; It would guarantee purity of supply; It would reduce profits to organised crime; and It would provide a

The post Legalise pot to bake Budget deficit appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 18, 2018 - 13:54 Source

From China’s NBS today comes March 70 city house prices up 0.4% month on month and 4.9% year on year: Raw data: 28 cities were flat or falling with 42 rising: Third and second tier have re-accelerated a little: This is more or less as expected. As said many times, authorities have cooled the market

The post China house prices rebound a little appeared first on MacroBusiness.

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Renew Economy Wednesday, April 18, 2018 - 13:38 Source

Chris Uhlmann’s tweet is just the latest in a long series of biased reporting on South Australia’s energy transition.

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Renew Economy Wednesday, April 18, 2018 - 13:31 Source

"Humans are underrated": After touting robots, Musk now blames them for Tesla production woes.

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Renew Economy Wednesday, April 18, 2018 - 13:30 Source

The Energy Security Board (ESB) should proceed with a complete and detailed design of the National Energy Guarantee following encouraging progress on the high-level design of the policy, the clean energy industry said today.

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MacroBusiness Wednesday, April 18, 2018 - 13:23 Source

From RIO: Rio will have a accelerate modestly from there to meet the annual volume goal which is pretty normal.

The post RIO iron ore volumes on track appeared first on MacroBusiness.

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