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Renew Economy Monday, December 17, 2018 - 18:15 Source

An ultra-fast prototype charger with 450kW is now open to the public in Germany – and it can charge an EV in as little as three minutes.

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Renew Economy Monday, December 17, 2018 - 18:02 Source

A group of outback EV drivers test out using an EV charger powered by a diesel generator, and the results are promising.

The post Charging your EV with diesel is greener than you think appeared first on RenewEconomy.

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MacroBusiness Monday, December 17, 2018 - 17:43 Source

A relatively upbeat start to the week here in Asia following what was a dour finish on Friday night on Wall Street. In China markets however are flat but elsewhere, weaker domestic currencies are supporting an eager start with the ASX200 the standout. The Shanghai Composite is barely up after the lunch break, hanging on 2595 points

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, December 17, 2018 - 17:30 Source

It is hard to envisage sympathy for a person who made a name as a home secretary (prisons, detentions, security and such) taking the mast and banner of her country before hopeless odds, but inadequate opponents will do that to you. Vicious, venal and underdone, the enemies from within Theresa May’s own Tory ranks resemble…

The post May Days in Britain appeared first on The AIM Network.

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The Australian Independent Media Network Monday, December 17, 2018 - 16:23 Source

I don’t know about you lot, but this year is the first time I’ve had to offer ‘rain cheques’ for Chrissy presents … being on just the aged pension has restricted us to just the essentials this year … like food, clothing (even as I write this, I can feel the soles of my feet…

The post Starved into surplus appeared first on The AIM Network.

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Renew Economy Monday, December 17, 2018 - 15:26 Source

Environment minister Melissa Price kept as low a profile as possible in Poland climate talks, as Australia's only noticeable contribution to public debate was its declared support of fossil fuels.

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Renew Economy Monday, December 17, 2018 - 15:16 Source

Melbourne firm says it has signed offtake deal for 5MW solar and storage project in S.A. Murray River region, as stage 1 of what could become a 30MW affair.

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Renew Economy Monday, December 17, 2018 - 15:09 Source

Huge interest in clean energy transition – and technologies and policies that go with it – helped deliver more than 10m page views to RenewEconomy this year.

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Renew Economy Monday, December 17, 2018 - 14:25 Source

WA opens up igrid for just under 1GW of new large-scale renewable energy projects, as it plays catch up with the rest of Australia. And it has appointed a new energy minister to shepherd the process.

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MacroBusiness Monday, December 17, 2018 - 14:20 Source

Where do these dills come from? Domain: The reality is that the conservative base has not come back to the Liberal Party since Tunrbull was removed from office, but certainly more moderates and swing voters have deserted us. …Where four months ago it seemed as if Turnbull could have defeated Shorten with grit and a

The post Young Lib dill misdiagnoses party doom appeared first on MacroBusiness.

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Renew Economy Monday, December 17, 2018 - 14:04 Source

Gupta flags possible float Simec Zen Energy business and confirms interest in Coalition government's controversial tender for new dispatchable generation.

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MacroBusiness Monday, December 17, 2018 - 13:45 Source

By Leith van Onselen New research from Roy Morgan shows that the number of Australians who intend to retire in the next 12 months is estimated at 426,000, a 30% increase on the level seen in 2008 when it was 328,000. Meanwhile, the average gross wealth (total assets excluding owner-occupied homes) of intending retirees is $331,000,

The post Asset defaltion likely to delay retirement plans appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 13:15 Source

By Leith van Onselen After last week indicating that it would significantly lift Newstart if elected, Labor refused to commit at its national conference. From SBS News: Labor is set to resist an internal push to raise dole payments, holding firm on a commitment to review Newstart rather than lock in a boost… Labor will

The post Labor balks at raising Newstart appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 12:45 Source

By Leith van Onselen Last year, several labour market experts raised concerns about the proliferation of unpaid internships, which risked becoming a black market for slave labour. Despite these warnings, the former Turnbull Government controversially announced that it would expand its $750 million Youth-Jobs PaTH program – to prepare, trial and ultimately hire young Australians

The post Coalition’s youth slave labour scheme fails appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 12:30 Source

The AUD is soft through the morning: Bonds are bid again: No relief today for the ASX but it is hanging on grimly below support: Big Iron is up on the Chinese slowing Costanza play: Big Gas is down, down: Big Gold is hopeful of the Fed: Three of the major banks are in free

The post As banks free fall, funding costs skyrocket appeared first on MacroBusiness.

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Renew Economy Monday, December 17, 2018 - 12:24 Source

Kanowna solar farm near Moree believed to be the first to use both DC optimisers and centralised DC-coupled inverters to cater for battery storage and get around network connection hurdles.

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MacroBusiness Monday, December 17, 2018 - 12:15 Source

2018/19 MYEFO is out and remains deluded. Budget commodity revenues have been so strong that they more than offset poor local forecasting to lift the surplus outlook: But upgraded surpluses rely entirely on the continuation of the same: China and commodity prices are going to boom forever, apparently. Thermal coal and iron ore and both

The post Slashed MYEFO still deluded appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 12:00 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) has released visitor arrivals and departures data for the month of October, which again posted turbo-charged net annual permanent and long-term arrivals. In the year to October 2018, there were 825,480 permanent and long-term arrivals into Australia – up 6% from October 2017 and an

The post Long-term migrant arrivals surge to another all-time high appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 11:59 Source

Via Domain: Assistant minister Andrew Broad has quit the frontbench in the wake of a sex scandal that could rock the Morrison government, amid claims he met a “sugar baby” in overseas hotels on a trip funded by taxpayers. …The New Idea article claims Mr Broad connected with the woman through a dating website and

The post “James Bond” Nats dill quits government appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 11:45 Source

New flats for the belly of the Aussie yield curve today as the 2/5 tracks towards inversion, only 8bps to the good now: The US has already inverted of course and we appear set to follow: Inverted yield curves are a reliable indicator of recession but they tend to be early in the forecast. On

The post Aussie yield curve tracks US towards recession signal appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 11:30 Source

By Leith van Onselen Western Sydney is the epicentre of the city’s working class. It is a prime dumping ground for the federal government’s mass immigration ‘Big Australia’ program. And it has become a virtual “special economic zone” where wages can be shredded with impunity by the wealthy owners of capital living in the East.

The post Dystopian future awaits Sydney’s crush-loaded west appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 11:15 Source

Via The Australian: Bill Shorten says he’ll come down “like a tonne of bricks” on employers using 457 visas to fill jobs, rather than training Australians. He promises to work with the Australian trade union movement and stand up for Australian workers. “Working people are not commodities to be traded at the lowest possible price,” Mr Shorten says.

The post Labor to hit 457s with “tonne of bricks” appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 11:00 Source

By Leith van Onselen Labor’s national conference has supported proposed changes to the party’s policy platform with regard to free-trade agreements. Amongst other things, Labor will require a preliminary national interest assessment to be undertaken when negotiations for a free-trade deal commence, while unions, industry and community groups will be given greater input into trade

The post Labor unveils excellent FTA reforms appeared first on MacroBusiness.

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xkcd.com Monday, December 17, 2018 - 11:00 Source

When we take into account the recent discovery of previously-unstudied history in the 1750s, this year may have been an outright loss.

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MacroBusiness Monday, December 17, 2018 - 10:45 Source

By Leith van Onselen History doesn’t repeat but it sure does rhyme. At Labor’s weekend conference, leader Bill Shorten announced a $6.6 billion package to facilitate 250,000 ‘affordable’ rental dwellings over the next decade. From The ABC: Under the 10-year, $6.6-billion scheme, investors who build new properties would get a subsidy of $8,500 a year,

The post Labor goes back to the future on improved NRAS appeared first on MacroBusiness.

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MacroBusiness Monday, December 17, 2018 - 10:30 Source

Via Paul Kelly: The majority of the “wise men” expert panel created to advise the Prime Minister, Scott Morrison, rejected his fallback compromise of recognising West Jerusalem as Israel’s capital but keeping the Australian embassy in Tel Aviv. Morrison’s retreat at the weekend confirms he should never have raised the option of moving the embassy

The post Jerusalem compromise a dud appeared first on MacroBusiness.

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Renew Economy Monday, December 17, 2018 - 10:16 Source

Warren Lasher, head of system planning at the ERCOT grid in Texas, joins Energy Insiders to explain how that state is managing the huge influx of renewables - and a final wrap for the year.

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MacroBusiness Monday, December 17, 2018 - 10:15 Source

With the royal commission awaiting the final report, we have been treated to a range of superannuation specific stuff-ups from major institutions. Most were through the master-trust structure that pools all the money and you end up in the situation where you as an investor find yourself paying for tickets to the tennis for HostPlus super clients,

The post Six problems with super appeared first on MacroBusiness.

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The Tally Room Monday, December 17, 2018 - 10:11 Source

I have just finished my collection of election data for the Victorian state election.

This collection features the full list of booths with location information, the full list of candidates, primary vote and 2CP voting figures by booth, and voting figures by electorate and region as well.

I’ve been able to use this data (as well as the swing data from Poll Bludger’s excellent results site) to produce a series of maps, the first of which I will be publishing today.

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MacroBusiness Monday, December 17, 2018 - 10:00 Source

Via Ian Rogers at Banking Day: A Tier 1 capital ratio of 16 percent of RWA is needed to ensure the banking sector retains creditor confidence after enduring an extreme shock. This is four times what is was 30 years ago, and Australian banks and their systemically risky subsidiaries in New Zealand are nowhere near

The post RBNZ exposes corrupt RBA on bank capital appeared first on MacroBusiness.

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