Blogotariat

Via The Guardian: Australian millennials increasingly think big businesses and politicians do more harm than good, a new survey has found. The annual Deloitte survey of Generation Y, roughly defined as those born between 1983 and 1994, found they were increasingly sceptical of politics but surprisingly more personally optimistic than last year. Of the 337 Australian millennials

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Yesterday the Australia former ambassador to China, Geoff Raby, called for Julie Bishop’s head: Once again Australian foreign policy seems to be missing in action. As events unfold at remarkable speed in our area of most strategic interest – north-east Asia – Australia finds itself unable to engage with the key participant at the centre

The post Australia’s China apologists lose their heads appeared first on MacroBusiness.

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By Chris Becker A double whammy of economic releases overnight saw another retreat in risk markets as the USD soared against the majors, while gold went to a new four month low. While European Q1 GDP came in on target, German GDP underperformed alongside industrial production figures signalling some internal weakness in the EZ. In

The post Macro Morning appeared first on MacroBusiness.

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The DXY charge was back last night as EUR fell: AUD was slammed: But EMs fell more: Confirming the USD charge is gaining momentum, gold was smashed: Oil held up: Base metals were mixed: Big miners fell: EM stocks were smashed: As EM junk gave way: Treasuries were pounded and the curve even managed to

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By Leith van Onselen With the release yesterday of the ABS lending finance data for March, it’s an opportune time to once again chart how capital city house prices are tracking against both investor and total housing finance. As readers no doubt already know, housing finance has historically been strongly correlated with values, therefore it

The post Housing finance points house prices straight down appeared first on MacroBusiness.

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This was Australian Treasurer and Liberal MP for Cook Scott Morrison having second thoughts....This was the tweeted video Morrison was attempting to hide....

Remembering that a federal government national screening program, working with with a private entity, has already accessed personal information from Medicare without consent of registered individuals and entered these persons into a research program - again without consent - and these individuals apparently could not easily opt out of being listed as a research subject but were often only verbally offered  the option of declining to take part in testing, which presumably meant that health data from other sources was still capable of being collected about them by the program.

Iron ore price charts for May 15, 2018: Tianjin benchmark fell 85 cents to $67.40. Paper fell last night. Steel eased yesterday. Rebar stocks are stilling drawing at a good pace but remain abundant. We’re headed lower from here is my guess. Output is stunning. The macro is slowing. Inventories are bloated. Summer is cyclically

The post Daily iron ore price update (look out below) appeared first on MacroBusiness.

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Tesla Model X tows a Qantas Dreamliner jet some 300 metres across the tarmac. Why? For publicity, of course, and because they could.

Quite a mixed day here in Asia given the lack of volatility in overnight markets with the only bright light being mainland Chinese shares on the back of solid April data. Other stock markets had small declines as the major currencies tread water against USD. The Shanghai Composite had a late afternoon attempt at breaching the next resistance

The post Macro Afternoon appeared first on MacroBusiness.

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South Australia remains the most fascinating market, with all sorts of competing ideas and technologies to firm the state's wind and solar output.

Politicians have been clambering to the top extolling something that has yet to exist. Scientists are claiming a job boom that has yet to transpire. Much fantasy and speculation dominate the creation of Australia’s Space Agency, an organisation that remains inchoate despite being launched on Monday by the appropriately named Michaelia Cash. Former CSIRO boss…

The post The Commercial Heavens: The New Australian Space Agency appeared first on The AIM Network.

The 220MW Bungala solar farm - Australia's largest - begins production, signalling a milestone for the transformation of Port Augusta into a renewable energy hub.