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North Coast Voices Saturday, June 17, 2017 - 00:15 Source

Eucalyptus macrocarpaNative eucalypt found in Western Australia malleePhoto:  Jimmy Turner

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MacroBusiness Saturday, June 17, 2017 - 00:01 Source

Global Macro / Markets / Investing: Renewables set to supply third of global power by 2040 – FT The bond market doesn’t believe Trump’s election promises – Market Watch Markets are losing faith in Donald Trump – The Economist Flush With Cash, Top Quant Funds Stumble – WSJ Bitcoin Tumbles Most in More Than Two Years After Record Run –

The post Weekend Reading: 17-18 June 2017 appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, June 16, 2017 - 19:29 Source

By Christian Marx With the announcement that Channel 10 had gone into administration, many in the media were in deep shock. This author was not shocked at all. In fact, I was surprised this hadn’t happened much sooner. There are many and varied reasons why mainstream media is collapsing: The internet, online streaming, endless repeats…

The post Media’s fatal gambit appeared first on The AIM Network.

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George Monbiot Friday, June 16, 2017 - 18:36 Source

The media was exposed in this election as wildly out of touch with the nation. This is not surprising, as it lives in a hall of mirrors.

By George Monbiot, published in the Guardian 16th June 2017

The election was a crushing defeat – but not for either of the major parties. The faction that now retreats in utter disarray wasn’t technically standing in the election, though in the past it has arguably wielded more power than the formal contestants. I’m talking about the media.

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Harrangue Man Friday, June 16, 2017 - 18:02 Source

I have a weird body that does unusual things; one is the production and expulsion of "lung lollies", a combo of mucus, phlegm and lung-muck that I can (and do) cough from within.Though I use a plug-in keyboard for the laptop, I hate the fiddly little keys and the weird position your wrists rest in when using the one in the machine, my lolly was expelled some distance and went deep into the crevices of my laptop's keys that lay behind the plug in. I head to tease the phlegm out with a McDonald's napkin—I keep the ones they give me for home use like this—and it's not easy when you have trembling hands from meds and injury.I can see in the ru

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Harrangue Man Friday, June 16, 2017 - 17:51 Source

"Can fly" as sung by Dani and Blades.

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Club Troppo Friday, June 16, 2017 - 17:39 Source

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MacroBusiness Friday, June 16, 2017 - 16:54 Source

by Chris Becker A mixed end to the week for Asian shares with the Yen falling on the BOJ continued stimulus position, while Aussie and other markets sold off going into the close to end a lacklustre trading session. In mainland China the Shanghai Composite is down going into the close, off approx. 0.2% to

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Friday, June 16, 2017 - 16:00 Source
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John Quiggin Friday, June 16, 2017 - 14:56 Source

Not quite, but the OECD has finally recognised that globalisation isn’t currently working to deliver improved living standards for everyone, a fact implicit in the title of its latest report Making Globalisation Work: Better Lives for All, I have a piece in Inside Story, headlined: The OECD joins the backlash against unfettered globalisation looking at a recent report they’ve issued. The subheading is

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John Quiggin Friday, June 16, 2017 - 14:46 Source

I’ve been flat out for the last couple of weeks, and haven’t had time to post. But I’ve finally found enough time to read the Finkel Review into the Future Security of the National Electricity Market (NEM). There are four inter-related points that come out of the report

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MacroBusiness Friday, June 16, 2017 - 14:32 Source

From Morry Schwartz’s Parasite Herald comes Simon Pressley, Managing Director of Propertyology: Far from being the ‘bad guys’, property investors actually keep the Australian economy afloat, according to Propertyology managing director Simon Pressley. Propertyology research found that federal, state and local governments collect about $50 billion in property taxes every year – with property investors

The post One specufestor has had enough and is not taking it any more appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, June 16, 2017 - 14:29 Source

“Heart of Darkness (1899) is a novella by Polish-British novelist Joseph Conrad, about a voyage up the Congo River into the Congo Free State, in the heart of Africa, by the story’s narrator Marlow. Marlow tells his story to friends aboard a boat anchored on the River Thames, London, England. This setting provides the frame…

The post The Horror!…The Horror!… appeared first on The AIM Network.

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Renew Economy Friday, June 16, 2017 - 14:24 Source

Report finds 5kW-plus rooftop solar systems offer best bang for buck, no matter household energy profile – even if all generation exported to grid.

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MacroBusiness Friday, June 16, 2017 - 14:14 Source

We warned and warned and warned and now they are here: Around three quarters of the nation’s households and businesses are now facing substantial rises in their power bills from next month, after Origin Energy announced price hikes for electricity and gas. Rounding out price increases from the big three generators and retailers, Origin Energy

The post Aussie households begin subsidising Asian power bills appeared first on MacroBusiness.

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Club Troppo Friday, June 16, 2017 - 14:03 Source
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MacroBusiness Friday, June 16, 2017 - 13:59 Source

It’s all so very predictable: Alex Malley will retain his leadership of CPA Australia after the board appointed a three-person panel to conduct a “fiercely independent” review. The panel will include retired air chief marshal and former defence for chief Angus Houston, former Auditor General Ian McPhee and an as-yet unnamed third member. In a

The post What’s left of CPA announces fake review appeared first on MacroBusiness.

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Renew Economy Friday, June 16, 2017 - 13:30 Source

Tesla to deploy multiple 250kW/500kWh Powerpack systems for NSW network operator TransGrid, to help store and smooth solar supply.

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MacroBusiness Friday, June 16, 2017 - 13:15 Source

Cross-posted from The Conversation: Last year, Australia’s new cars were just 1.1% less polluting than the year before, according to a report released this week by the National Transport Commission. This is the smallest improvement on record, and largely due to our growing preference for SUVs and utes. In addition, some locally manufactured cars actually

The post Australia has stalled on car efficiency appeared first on MacroBusiness.

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Club Troppo Friday, June 16, 2017 - 12:49 Source

From  Revisionist History

In the middle of Los Angeles — a city with some of the most expensive real estate in the world — there are a half a dozen exclusive golf courses, massive expanses dedicated to the pleasure of a privileged few. How do private country clubs afford the property tax on 300 acres of prime Beverly Hills real estate? RH brings in tax assessors, economists, and philosophers to probe the question of the weird obsession among the wealthy with the game of golf.

 

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Renew Economy Friday, June 16, 2017 - 12:18 Source

Climate Council report says “clean coal” won't meet Australia's most basic climate obligations – and would need electricity prices to rise four-fold to earn sufficient revenue to be viable.

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Renew Economy Friday, June 16, 2017 - 12:12 Source

AEMO report shows rooftop solar reducing and shifting peaks, and likely to gather pace as costs falls and grid prices rise.

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Renew Economy Friday, June 16, 2017 - 12:08 Source

Regional and remote Australia’s leading advisory and technical consultancy firm, CAT Projects, announced that from today the company will be trading as Ekistica.

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MacroBusiness Friday, June 16, 2017 - 11:37 Source

Via the AFR: The chief executive of the Australian Bankers’ Association Anna Bligh has zeroed in on the development of government’s major bank levy by criticising the lack of industry consultation and the shifting series of rationales put forward for the levy. “Neither appropriate process have been followed or sufficient consultation been allowed,” Ms Bligh said.

The post Time Fake Premier Bligh resigned appeared first on MacroBusiness.

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Renew Economy Friday, June 16, 2017 - 11:37 Source

Carnegie gets development approval for 10MW solar farm, with CEO saying Australia "should have lots of these."

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Renew Economy Friday, June 16, 2017 - 11:37 Source

Carnegie gets development approval for 10MW solar farm, with CEO saying Australia "should have lots of these."

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MacroBusiness Friday, June 16, 2017 - 11:36 Source

By Leith van Onselen Dr Bob Birrell from Australian Population Research Institute is the latest to question Australia’s mass immigration policy, which has the permanent migrant intake set at 200,000 people a year – even higher than the peak of the mining boom: From the Herald-Sun: AUSTRALIA imported about 375,000 migrants and temporary residents of

The post Dr Bob Birrell: High immigration killing jobs/wages appeared first on MacroBusiness.

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Renew Economy Friday, June 16, 2017 - 11:31 Source

New analysis shows clean energy target as modelled by Finkel Review will deliver less large scale renewable energy than current state-based targets.

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MacroBusiness Friday, June 16, 2017 - 11:22 Source

By Leith van Onselen In the wake of the towering inferno that engulfed London’s Grenfell Tower, killing at least a dozen people, questions are being asked regarding the use of similar combustible cladding across Australian high-rise buildings. Here’s  ABC 7.30 Report, which last night investigated the issue: MICHAEL O’CONNOR, NATIONAL SECRETARY, CFMEU: Most buildings that

The post How widespread is flammable cladding? appeared first on MacroBusiness.

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MacroBusiness Friday, June 16, 2017 - 11:20 Source

From Kyle Bass today via Reuters: Hayman Capital Management founder Kyle Bass on Thursday said he remains short the Chinese yuan despite the country’s latest change to the guidance rate, because he believes credit bubble problems are “metastasizing.” “What the public narrative is and what they have been doing behind the scenes are two completely

The post Kyle Bass on wrong currency short as Chinese debt “metastasises” appeared first on MacroBusiness.

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