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Renew Economy Tuesday, November 18, 2014 - 13:49 Source

As G20 sweltered in 40C heat, local households reached for air-conditioning units, but the huge amount of solar pushed the peak into early evening.

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Renew Economy Tuesday, November 18, 2014 - 13:46 Source

The agreement between the US & China this week shows all too clearly just how far behind we’ve fallen on climate action.

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Renew Economy Tuesday, November 18, 2014 - 13:43 Source

Even if other nations follow the US/China lead and deepen their targets, will it be enough?

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Cheeseburger Gothic Tuesday, November 18, 2014 - 13:26 Source

Those of you who don't subscribe to Dave Pell's daily news round up, Next Draft, should. It always collects the most interesting stuff on the net.

But Pell himself is a bit of a word cowboy too. I loved this opening par, linking to a longer WaPo story on hyper expensive activated walnut merchant, Wholefoods, moving into a slum. It's an almost perfect example of compressing a complex process into a short, pithy block of text:

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MacroBusiness Tuesday, November 18, 2014 - 13:19 Source

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New Matilda Tuesday, November 18, 2014 - 13:15 Source

Scott Morrison lashes out as the Greens Senator meets with refugees.

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MacroBusiness Tuesday, November 18, 2014 - 13:05 Source

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Croakey Tuesday, November 18, 2014 - 13:02 Source

In this fourth installment of a rural health series, Helen Hopkins, Policy Adviser at the National Rural Health Alliance (NRHA) highlights how failing to improve broadband access in remote areas can block access to health care and entrench other...

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Your Democracy Tuesday, November 18, 2014 - 13:01 Source

 

playing tax evasion

People love how cheaply and efficiently Jeff Bezos sells and delivers product to their door. So much so that his net worth, as the founder and chief executive of Amazon, is about $US30 billion ($34 billion).

Yet Bezos concerns himself with how much time his employees spend going to the toilet. The workers in his many warehouses, known as pickers, are constantly monitored.

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MacroBusiness Tuesday, November 18, 2014 - 12:55 Source

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MacroBusiness Tuesday, November 18, 2014 - 12:46 Source

The Reserve Bank of Australia (RBA) today released the minutes from its 4 November board meeting, which are uneventful. The RBA expects the economy to continue growing at a below trend pace over 2014-15, before gradually picking up to an above-trend pace towards the end of 2016. Importantly, there was also no mention of macro-prudential […]

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Renew Economy Tuesday, November 18, 2014 - 12:45 Source

AGL chair discusses decision to install US energy industry veteran Andrew Vesey as CEO as the gentailer navigates the energy evolution.

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MacroBusiness Tuesday, November 18, 2014 - 12:42 Source

I won’t be too hard on the latest from “Mad” Adam Carr because it makes at least one good point when looking at the Aussie: There’s been a lot of celebration about the weak Australian dollar recently — especially from the tourism and education sectors. Unfortunately, much of it is extremely premature… Key to that […]

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The Tally Room Tuesday, November 18, 2014 - 12:00 Source

Bendigowest9-ALPBendigo West is a marginal Labor seat in north-western Victoria, covering the western and southern suburbs of Bendigo, as well as areas to the south of Bendigo, including Castlemaine, Maldon and Newstead.

Labor’s Bob Cameron held the seat from 1996 until his retirement in 2010. Labor MP Maree Edwards won the seat in 2010, and now holds the seat by a 3.1% margin.

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MacroBusiness Tuesday, November 18, 2014 - 11:54 Source

By Leith van Onselen Dr John Lee, adjunct associate professor at the University of Sydney, has written a ripper article at Business Spectator warning that many of the claimed market access improvements gained by Australia in the China FTA are unlikely to materialise due to deliberate behind-the-boarder barriers erected by the Chinese: China has signed […]

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Peter Garcia-Webb Tuesday, November 18, 2014 - 11:33 Source

The New York Times is a quality newspaper. So when it says the IDF fired at a suspect's lower body after first calling on him to stop and then firing into the air, you believe them? Fool that you are. They did shoot at the "lower body" and then at the "center of the body". Actually the victim was an unarmed 10 year old boy who was shot in the neck.

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Peter Garcia-Webb Tuesday, November 18, 2014 - 11:33 Source

The New York Times is a quality newspaper. So when it says the IDF fired at a suspect's lower body after first calling on him to stop and then firing into the air, you believe them? Fool that you are. They did shoot at the "lower body" and then at the "center of the body". Actually the victim was an unarmed 10 year old boy who was shot in the neck.

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MacroBusiness Tuesday, November 18, 2014 - 11:24 Source

More on the much hoped for Chinese steel mill iron ore restock from UBS: Iron ore – its now or never for the restock at US$76/t cfr Following APEC disruption, we are firmly in the now-or-never position for an end of year restock + price bounce. Feedback from our tour to China (last week) from steel mills […]

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Popular Science Tuesday, November 18, 2014 - 11:17 Source

Stink bug. As names go it is a PR disaster, each of the words alone hardly endearing, and, in combination, wholly off-putting. Which is a shame because stink bugs have a perky charm, a distinctive style and, for an insect, a surprising concern for their offspring.

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En Passant Tuesday, November 18, 2014 - 11:07 Source

This is from Jonathan Neale, International Coordinator of the Campaign against Climate Change. It can be found on the website of the Campaign against Climate Change.

Obama of the United States and Xi of China have signed a bilateral climate agreement.

Much of the American and British media, and many Democrats in America, have hailed the deal as a key step forward. Many American Republicans have attacked it as going much too far.

Anything the Republicans attack has to be good. Right? No. In fact it is an appalling deal.

Let’s look at the numbers.

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MacroBusiness Tuesday, November 18, 2014 - 10:51 Source

By Leith van Onselen The ANZ-Roy Morgan Research (RMR) consumer confidence index fell by 1.8 points in the week ended 16 November to 113.0, to be just below its long-run average reading of 113.2 (see next chart). ANZ chief economist, Warren Hogan, finally appears to have grasped the new normal facing the Australian economy, noting: […]

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MacroBusiness Tuesday, November 18, 2014 - 10:48 Source

From UBS: All else remaining equal, our BHP & RIO earnings estimates for CY 15 would be -21% and -9% respectively under a spot scenario. Nevertheless, RIO would trade on cheaper spot multiples at 12.1x CY 15E PE vs BHP at 15.0x CY 15E. Iron ore: The spot iron ore price is 11% below our CY 15 forecast, […]

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Club Troppo Tuesday, November 18, 2014 - 10:38 Source

CreationofObama

But maybe it doesn’t matter …

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MacroBusiness Tuesday, November 18, 2014 - 10:30 Source

From Citi:  The US and China jointly pledged to fight climate change by implementing new greenhouse gas (GHG) emission targets. Commitments by these two countries are significant because it is the first time that both countries agreed to concrete figures, though non-binding. The agreement could induce other countries to consider reducing emissions and potentially make such commitments at […]

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MacroBusiness Tuesday, November 18, 2014 - 10:24 Source

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Political Owl Tuesday, November 18, 2014 - 10:17 Source

“We’re for Sydney” the page one banner declares. To which, if today’s Daily Telegraph is any guide, we could add “But self interest comes first.”Hence the Tele’s big issue of the day.

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Cheeseburger Gothic Tuesday, November 18, 2014 - 10:13 Source
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MacroBusiness Tuesday, November 18, 2014 - 09:35 Source

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The Tally Room Tuesday, November 18, 2014 - 09:15 Source

Bendigoeast1-2PPBendigo East is a marginal Labor seat in north-western Victoria, covering the eastern suburbs of Bendigo, and areas to the north of Bendigo, including Strathfieldsaye, Huntly and Elmore.

Labor’s Jacinta Allan has held Bendigo East since 1999, after the seat had been held by the Liberal Party from its formation in 1985.

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MacroBusiness Tuesday, November 18, 2014 - 09:07 Source

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