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MacroBusiness
Saturday, April 11, 2020 - 00:10
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Labor’s shadow Treasurer, Jim Chalmers, has penned a letter calling on the Reserve Bank of Australia (RBA) to provide a liquidity backstop for cash-strapped superannuation funds so that they can meet member’s redemption requests. Chalmers’ request has arisen following the Morrison Government’s announcement that it would permit Australians to access up to $20,000 in savings The post Labor admits superannuation is a Ponzi scheme appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Saturday, April 11, 2020 - 00:05
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In the week ended 9 April 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, rose another 0.19%: The rise in values was broad based: Quarterly dwelling values continue to rise, driven by Sydney followed by Melbourne: The rebound across Sydney and Melbourne has driven strong annual gains The post CoreLogic Weekly house price update: still rising appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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The Australian Independent Media Network
Friday, April 10, 2020 - 19:52
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If you ask one million men that question, more likely than not you will get one million different answers. Nothing wrong with that. When I was a young bod, which does seem like a million years ago, I had no clear idea at all about what it meant to be a man. I grew up… The post What does it mean to be a man? appeared first on The AIM Network. |
WixxyLeaks
Friday, April 10, 2020 - 18:00
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Earlier this week reports went out that Israel’s Health Minister Yaakov Litzman has been diagnosed with Covid-19. Many of the reports, including some in Australia, were pulled down as they focussed on commentary that Litzman is alleged to have made regarding Covid-19 being some kind of divine punishment for homosexuality. Previous reporting of his statements were not an issue until he was diagnosed with Covid-19 at which point his legal team seemed to put in the extra hours to ensure all the articles were taken down. |
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John Quiggin
Friday, April 10, 2020 - 17:09
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As soon as the government released its modelling of the pandemic a few days ago, I realised something was badly wrong. The modelling showed infections increasing even under lockdowns, which obviously wasn’t happening. The crucial parameter here is R, the number of new infections generated by each existing infection. If R is greater than 1, the number of infections grows exponentially, but if R is less than one, it declines, eventually approaching zero. The knife-edge case is R=1, when the number stays constant. |
John Quiggin
Friday, April 10, 2020 - 16:55
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As part of my response to the pandemic, I’m looking at the way the undead ideas I attempted to kill off in my Zombie Economics have failed yet again. I;m doing it as a series in Independent Australia. The second instalment, Pandemic highlights problems with efficient-market hypothesis has just run. |
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The Australian Independent Media Network
Friday, April 10, 2020 - 14:05
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On March 5, Hillsong began its twenty-fourth Colour Conference at the First State Theatre at ICC, Sydney, with a “capacity crowd” – which is around 9,000 according to the theatre website. Other reports put the crowd at somewhat less than this. After scheduled gatherings on Thurs-Sat at the theatre, and then Thurs-Sat the following week… The post Questions about Hillsong, Alex Hawke, and the coronavirus appeared first on The AIM Network. |
The Australian Independent Media Network
Friday, April 10, 2020 - 12:40
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Champagne corks will be popping in the Trump Empire, for good reason. Whatever happens come November, the exit of Senator Bernie Sanders from the US presidential race will be a relief. The fractured republic can be reassured that the Democrats have not moved on, stuck, as it were, in the glades of vengeful melancholia and… The post A Victory for the Fogeys: Bernie Sanders Drops Out appeared first on The AIM Network. |
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Your Democracy
Friday, April 10, 2020 - 11:05
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The Australian Independent Media Network
Friday, April 10, 2020 - 08:00
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Today is Good Friday April 10, 2020. The latest modelling shows that although Australia’s COVID-19 curve is flattening, talk of its suppression seem as a glimmer of optimism from the hopeful days of this year’s Ides of March and St Patrick’s Day. Schools and universities are both closed and not closed. Happy social gatherings are… The post A not so Good Friday appeared first on The AIM Network. |
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Digitopoly
Friday, April 10, 2020 - 06:45
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I have been spending my quarantine absorbing research on COVID-19 — especially economic research — and, in the process, have written a book, Economics in the Age of COVID-19 that will be published at the end of the month by MIT Press. Here is what is interesting about the process. Clearly, this has been quick. I have only been working on this a few weeks. But MIT Press decided it was an opportunity to experiment with a rapid publication process. So here is what is going to happen: |
MacroBusiness
Friday, April 10, 2020 - 00:10
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Economic consultants, AlphaBeta have released interesting research showing that the Morrison Government’s stimulus is working to buttress the Australian economy from the coronavirus shutdown: Let nobody tell you stimulus doesn’t work. AlphaBeta & illion have teamed up to deliver Australia’s fastest tracker of economic activity through COVID19. The weekly real time tracker shows a dramatic The post Stimulus delivers adrenaline shot for Aussie economy appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Friday, April 10, 2020 - 00:05
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Global Macro / Markets / Investing: How COVID-19 Has Impacted Media Consumption, by Generation – Visual Capitalist COVID-19 and the Failures of Capitalism – Canadian Dimension Coronavirus putting world on track for new Great Depression, says WTO – The Guardian The Coronavirus pandemic’s damage to the global economy could last decades – NY Times Banking The post Easter Long Weekend Links: 10-13 April 2020 appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
The Australian Independent Media Network
Thursday, April 9, 2020 - 22:44
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The ritual killing of a water buffalo, by Ifugao villagers of northern Luzon, Philippines, the bloody, brutal slaughter of an innocent, sentient creature, a shocking intrusion of cinéma vérité (filmed by his Francis’ Ford’s wife Eleanor) spliced into the last, dark scenes of Coppola’s self-indulgent masterpiece Apocalypse Now presages the savaging of our body politic… The post Resume democratic government, Morrison; recall parliament. appeared first on The AIM Network. |
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En Passant
Thursday, April 9, 2020 - 21:22
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En Passant
Thursday, April 9, 2020 - 21:16
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11 November 1953 to 5 April 2020
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Your Democracy
Thursday, April 9, 2020 - 19:22
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Scientists have found that the world's oceans are surprisingly resilient, despite the endless waste and pollution humanity has invoked on them. |
George Monbiot
Thursday, April 9, 2020 - 17:38
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Governments By George We are |
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MacroBusiness
Thursday, April 9, 2020 - 17:23
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Vai Martin North: Nine News asked me to run some analysis on potential forced property sales, which they ran in Perth, Melbourne and Sydney yesterday. Today I wanted to add some extra detail from our analysis and explain how we established the baseline and share some heat maps for some of the major urban centres. The post North: Capital city forced property sales to boom appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Prosper Australia
Thursday, April 9, 2020 - 16:49
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When the economy stops, we get a glimpse of how the market really works, and for who. What: Casual chat in the lunch hour to discuss the economy we’re living in. When: 12:30—1:15PM April 15 The position of those with extreme market power, of monopoly interests, has risen sharply to the fore. From banking bailouts […] |
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The Australian Independent Media Network
Thursday, April 9, 2020 - 16:43
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“I don’t trust glib reassurances from satellite operators without precise details.” (Alice Gorman, space archaeologist, May 26, 2019). Astronomers tend to have their eyes, and minds, not merely in the clouds but beyond them. The dream of unimpaired vision tends to come with the territory; the better the uninterrupted line, the better the data. But… The post Cosmic Gangster Capitalism: Elon Musk Crowds the Heavens appeared first on The AIM Network. |
Your Democracy
Thursday, April 9, 2020 - 16:43
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MacroBusiness
Thursday, April 9, 2020 - 16:10
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Is it time to re-enter the world stock market? In today’s webinar MB Fund’s Head of Investments Damien Klassen, Chief Strategist David Llewellyn-Smith and Tim Fuller investigate Topics on the agenda include a summary of the current issues facing worldwide economies and markets, Coronavirus just being the pin popping the bubble, China’s recovery, dealing with The post MB Fund Podcast: Is it time to re-enter the world stock market? appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Thursday, April 9, 2020 - 15:42
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MacroBusiness
Thursday, April 9, 2020 - 15:20
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Statistics New Zealand has released retail sales data for March, which shows that supermarket sales have boomed while virtually every other category of spending collapsed: Groceries had record-high sales in March, but retail card spending fell across the board during the month from clothes to fuel. Total retail sales fell $231 million (3.9 percent) in The post Supermarkets boom as everything else busts appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Thursday, April 9, 2020 - 15:01
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MacroBusiness
Thursday, April 9, 2020 - 15:00
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Virtue signalling ACTU secretary, Sally McManus, has lambasted the Morrison Government for not providing JobKeeper and JobSeeker subsidies to migrant workers on temporary visas: “If people are stuck in our country, we can’t let them starve”. Many visa workers can’t leave the country and the borders are closed. The union won #JobKeeper wage subsidy must The post ACTU backs temporary visa migrants over local workers appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Thursday, April 9, 2020 - 14:55
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The post New wind farm begins generating in Victoria appeared first on RenewEconomy. |
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Renew Economy
Thursday, April 9, 2020 - 14:42
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Renew Economy
Thursday, April 9, 2020 - 14:37
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The post Star of the South ofshore wind project starts environmental approvals appeared first on RenewEconomy. |
Coronavirus: Is it too soon for a movie about it?
AEMO has called for action on North QLD system strength issues, making formal declaration of shortfall that has impacted solar and wind projects.
W.A. switches from laggard to national leader as it plots out a path to embrace rooftop solar, batteries and EVs so that distributed energy can help displace big fossil fuel plants.
Second part of Lal Lal wind complex in Victoria connects to the grid and begins generating.
Calls for Morrison to end the 'fossil fuel stimulus' as economic crisis creates opportunity to make long term investment in clean technologies.
What could be Australia's first off-shore wind farm takes a step closer to reality, as project commences environmental approval process.