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MacroBusiness Friday, November 28, 2014 - 14:37 Source

By Paul Egan & Philip Soos - Co-Author’s ‘Bubble Economics: Australian Land Speculation 1830 – 2013’   Exuberant household credit growth over the last twenty years has a sinister dimension: the likelihood of widespread predatory lending and bank fraud. Every developed country, including Australia, has laws to regulate and hopefully prevent predatory lending, defined as providing credit […]

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Renew Economy Friday, November 28, 2014 - 14:18 Source

Who’s the biggest turkey of the year? The Top 5 includes Tony Abbott, 60 Minutes, critics of clean energy finance, and utilities resisting the inevitable.

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Renew Economy Friday, November 28, 2014 - 14:18 Source

The stakes in Lima are tropospheric, and far clearer now than when Kyoto was negotiated.

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Renew Economy Friday, November 28, 2014 - 14:17 Source

Distributed soar’s continued growth requires aligning interests of utilities, solar companies.

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Renew Economy Friday, November 28, 2014 - 14:17 Source

New study says huge rise in rooftop solar is inevitable. In WA, that will mean no role for fossil fuels in the middle of the day, so utility-scale storage will be crucial, and will lower system costs from business as usual.

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Renew Economy Friday, November 28, 2014 - 14:17 Source

Facts haven't had much influence on policy, but Australia Institute says claims about RET impact on Tasmania are bogus. This, as political shadow-boxing continues.

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Renew Economy Friday, November 28, 2014 - 14:16 Source

WA-basd Sustainable Energy Association, stops trading, citing falls in revenue created by the current "socio-political" environmnt.

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Renew Economy Friday, November 28, 2014 - 14:15 Source

New superconductor-powered wind turbines which are 1000 times more efficient than current models could hit Australian shores within five years.

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New Matilda Friday, November 28, 2014 - 14:07 Source

Poaching overseas students for their fees leaves them vulnerable to exploitation and undermines the quality of the university sector.

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MacroBusiness Friday, November 28, 2014 - 14:06 Source

By Leith van Onselen ANZ has revised its forecasts, now tipping lower GDP growth and weaker income growth, but curiously still forecasts 100 basis points of interest rate rises from November 2015: We have revised down our growth profile for Australia, and now expect slightly softer growth in 2015 and 2016 of 2.9% and 3.2% […]

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Croakey Friday, November 28, 2014 - 14:04 Source

The Victorian Aboriginal Community Controlled Health Organisation (VACCHO) and key partners are calling on the next Victorian Government to introduce a comprehensive Aboriginal Cultural Safety Strategy. They want more clinical placements in...

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MacroBusiness Friday, November 28, 2014 - 13:28 Source

By Martin North, cross-posted from the Digital Finance Analytics Blog: APRA yesterday published the quarterly ADI performance statistics to September 2014. Over the year ending 30 September 2014, ADIs recorded net profit after tax of $33.5 billion. This is an increase of $3.6 billion (12.0 per cent) on the year ending 30 September 2013. As […]

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The Australian Independent Media Network Friday, November 28, 2014 - 13:16 Source

Dear Winners,

Congratulations on all your achievements. You have all played the game of capitalism like absolute champions, and you are, without doubt, superlative operatives of the capitalist system. Kudos to you.

Obviously it has taken a huge amount of vision, hard work, guts and determination to get you to where you are now, and I think every one agrees you should be duly compensated for all your (and your employees) efforts; and I am personally relieved to know that you have all been sufficiently remunerated so as to never want for anything ever again. Once again, kudos to you.

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Jack the Insider Friday, November 28, 2014 - 13:07 Source

He was padding up in the home dressing room at the SCG. The rooms were like a second home for him, a place of comfort…

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MacroBusiness Friday, November 28, 2014 - 13:04 Source

For those that doubt that iron ore can go lower, read this, from the FT: “Ghost cities” lined with empty apartment blocks, abandoned highways and mothballed steel mills sprawl across China’s landscape – the outcome of government stimulus measures and hyperactive construction that have generated $6.8tn in wasted investment since 2009, according to a report by government researchers. […]

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MacroBusiness Friday, November 28, 2014 - 13:02 Source

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MacroBusiness Friday, November 28, 2014 - 12:56 Source

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Peter Garcia-Webb Friday, November 28, 2014 - 12:44 Source

If it floats, we didn’t build it. That’s not quite what Australia’s Defence Minister David Johnson told Parliament on Tuesday. He wouldn’t trust ASC to build a canoe. Well, they might build it but it won’t float. PM Tony Abbott is full of confidence: “We are working closely with ASC on a reform strategy”. That “strategy” dates back three years. It’s a failure. Here’s the history.

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MacroBusiness Friday, November 28, 2014 - 12:42 Source

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New Matilda Friday, November 28, 2014 - 12:13 Source

Black Australia knows well the injustice haunting Ferguson, Missouri.

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The Tally Room Friday, November 28, 2014 - 12:00 Source

Yanyean1-2PPYan Yean is a marginal seat on the northern fringe of Melbourne, covering Yarrambat, Diamond Creek, Wattle Glen, Hurstbridge, Laurimar, Merrnda, Whittlesea, Beveridge and Wallan.

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Renew Economy Friday, November 28, 2014 - 11:58 Source

Numbers from the first half of 2014 show that renewable energy was Scotland’s largest source of power.

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Croakey Friday, November 28, 2014 - 11:54 Source

Victorian medical student Tim Martin has previously highlighted an “absolute failure of rational and evidence-based policy making” when it comes to Victorian election health policies around coal and climate change. In the article below, Dr Jo...

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MacroBusiness Friday, November 28, 2014 - 11:50 Source

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MacroBusiness Friday, November 28, 2014 - 11:26 Source

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MacroBusiness Friday, November 28, 2014 - 11:11 Source

From Goldies: Market dynamics change faster than expected The changes in market dynamics following the shift to oversupply have come earlier than we expected. In particular, the period when marginal iron ore mines in China provide some support before the inevitable decline to sub US$80/t prices appears to have ended prematurely. Rather than gradually eroding the linkage between seaborne […]

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MacroBusiness Friday, November 28, 2014 - 11:00 Source

I’ve been giving Charlie Aitken a little curry lately after his dreadful call to buy oil and iron ore on October 22nd this year (he was not alone, Money Morning also recommended going long into the OPEC meeting). But today, our Charlie is back with better advice, from The Australian: Bell Potter executive director Charlie […]

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MacroBusiness Friday, November 28, 2014 - 10:13 Source

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The Melbourne Urbanist Friday, November 28, 2014 - 10:01 Source

Did the ABC fact checkers get it right on train punctuality?

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MacroBusiness Friday, November 28, 2014 - 09:54 Source

Exactly right from Mac Bank today: Negative catalysts continue to circle the domestic property market making for a rather surreal backdrop. The sharpening of FIRB’s ‘teeth’, along with pending curbs on investors and (emerging) curbs on interest-only loans for owner-occupiers are likely to continue to see the market soften. Impact  Kelly O’Dwyer’s Report on Foreign Investment to […]

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