Blogotariat

The Los Angeles Department of Water & Power voted unanimously to allow construction on the United States’ largest solar and battery energy storage system.

Via the excellent Damien Boey at Credit Suisse: The Fed delivered a “hawkish” easing this morning, cutting the Fed funds rate by 25bps to 1.75-2%, and the interest rate on excess reserves by 30bps to 1.8%. Importantly, officials reiterated their “median” guidance for no more rate cuts this year. Interestingly, there were three dissenters –

The post Has the Fed plugged the US dollar leak? appeared first on MacroBusiness.

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By Robert Wood   The attacks on responsible freedom of expression are constant and ongoing. Readers might have seen my earlier piece for The AIMN, ‘The right to free speech is also a responsibility’. That piece outlined the news of a single day when a Channel 9 fundraiser was held for the Liberal Party, when there…

The post On Intellectual Freedom in a Time of Denial appeared first on The AIM Network.

Recently, average CEO pay packets in the top 100 Australian companies surpassed $5 million, according to research from The Australia Institute: Now, the latest CEO pay report from the Australian Council of Superannuation Investors (ACSI) shows that Australia’s top earning CEOs were paid 280-times the average Australian full-time salary of $85,000, which ACSI describes as “a

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Northern Territory backs massive investment in solar as part of goal to reach net zero emissions and create renewable export industry.

Adam Boyton, chief economist of the Business Council of Australia (BCA), has penned a spurious article claiming that mass immigration will prevent the Australian economy from experiencing the economic declines experienced in places like Japan and Europe: One difference between the US on the one hand and the eurozone and Japan on the other is

The post Business Council shill: ‘Big Australia’ will save economy appeared first on MacroBusiness.

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Last weekend, CoreLogic released its preliminary auction clearance rates, which revealed the following results: Today, CoreLogic has released its final auction results, which reported a 2.9% decline in the final national auction clearance rate to 72.8% – well above the same weekend last year (51.8%) and also above last week’s 72.3%: As you can see,

The post Final auction clearance rate stays strong appeared first on MacroBusiness.

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Via the ABS just now comes Labour Force for August: AUGUST KEY POINTS TREND ESTIMATES Employment increased by 22,000 to 12,921,100 persons. Full-time employment increased by 7,200 to 8,828,400 persons and part-time employment increased by 14,700 to 4,092,700 persons. Unemployment increased by 2,700 to 715,700 persons. Unemployment rate increased by less than 0.1 pts to

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With Australia’s mass immigration policy forcing people to live in high density apartments rather than traditional houses, a new study by the University of Queensland has found that the loss of backyards is harming children’s health: The steadily shrinking backyard in Australia could be having an effect on how much exercise children get, new research

The post Study: Apartment living bad for children’s health appeared first on MacroBusiness.

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Victoria water minister has ruled-out building any new dams, claiming that climate change and lack of rain fall will render them useless. From The Australian: Water Minister Lisa Neville says water in the state’s rivers will halve by 2065, citing this forecast in her refusal to build even one dam, even though over that period

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The nuclear inquiry has seen some bold claims and corporate spin about the future costs of small modular reactors. But they are undermined by the authors of the reports they cite.

Via Domain: Job advertisements in Sydney and Melbourne are falling at double digit rates, prompting concern unemployment may be increasing despite cuts in official interest rates and the Morrison government’s tax cuts for low and middle income earners. Figures to be released today by SEEK show overall job ads have fallen by 8.6 per cent

The post SEEK: Job ads tank in Sydney and Melbourne appeared first on MacroBusiness.

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