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Transgrid’s Jesse Steinfeld and Eva Hanly on why a r

Coles inks deals with Origin, Acciona and Engie to source large-scale generation certificates to seal its target of 100 pct renewables.

It was such a noble public health dream, even if rather hazy to begin with. Run down SARS-CoV-2. Suppress it. Crush it. Or just “flatten the curve,” which could have meant versions of all the above. This created a climate of numerical sensitivity: a few case infections here, a few cases there, would warrant immediate,…

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Yesterday’s employment report from the Australian Bureau of Statistics (ABS) revealed that Australia’s youth – defined as those aged 16 to 24 – have been hit hard by lockdowns. Total youth jobs fell 81,300 in September, driven by an 83,600 reduction in part-time jobs, partly offset by a 2,300 increase in full-time jobs. Accordingly, youth

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Wages are booming across the developed world, according to The Economist. Lower skilled workers, in particular, are benefitting from the collapse in immigration: Oxford Economics, a consultancy, finds that pay in the rich world is growing at a rate well north of its pre-pandemic average. The acceleration in compensation per employee across the OECD, a

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This is funny. It gives us a great read on how hysterical is the commodity melt-up amid crashing Chinese property. Goldman can’t decide whether you should buy copper with both hands on shortages: …we believe that rapidly tightening inventories will eventually force prices higher, and therefore retain high conviction in our year-end price target of

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Chinese inflation was out yesterday and it is a laugh a minute. The CPI is cratered at 0.7% as food prices sag: However, that is not where the action is. It’s producer inflation that delivers the laughs, at 10.7%: And have a look at what is running: Basically, the further upstream in the supply chain

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This is a follow-up to Wednesday’s post about voter enrolment numbers increasing in Camden Council, this time looking at the equivalent growth taking place in the north-west of Sydney, primarily in the north-eastern corner of the City of Blacktown.

missiles

The United States unilaterally pulled out of the Intermediate-Range Nuclear Forces (INF) Treaty in 2019 after accusing Moscow of breaching its terms. Moscow dismissed the allegations, and took the unprecedented step of declassifying the characteristics of the alleged Russian ‘INF-violating missile’. The US pulled out of the agreement anyway.

Last night I gave a live interview on The Bolt Report whereby I tore apart NSW Premier Dominic Perrottet’s brain dead plan to import 2 million migrants into Australia over five years – effectively adding an Adelaide, Canberra plus Hobart to Australia’s existing population: I was also quoted in News.com.au by Frank Chung: Leith van

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The Chinese property crash is getting worse at a spectacular clip: Rating agency S&P Global delivered fresh downgrades to two of the sector’s bigger firms, Greenland Holdings – which has built some of the world’s tallest residential towers – and E-house, and warned it could cut their ratings further. The $5 trillion property sector accounts

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Victoria has recorded another 2179 locally acquired COVID cases – the second highest daily tally on record – alongside six deaths: Reported yesterday: 2,179 new local cases and 0 cases acquired overseas. – 38,752 vaccines administered – 73,942 test results received – Sadly, 6 people with COVID-19 have died More later: https://t.co/OCCFTAtS1P#COVID19Vic #COVID19VicData pic.twitter.com/dQ8T9QNCPg —

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A solid night of corporate earnings with no surprises and a weaker USD has seen both Wall Street and European share markets continue their bounceback overnight, putting aside continuing concerns over inflation/stagflation. The USD remained weak against both the majors and commodity currencies, although the risk correlated USDJPY pair is stable indicating a strong tailwind

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