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MacroBusiness Monday, October 20, 2014 - 14:53 Source

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MacroBusiness Monday, October 20, 2014 - 14:32 Source

From Michael Sainsbury via Crikey on the suddenly pressing Chinese anti-corruption campaign: The economic effects of the campaign are very real. Tough new laws on entertaining have hurt the hotel and restaurants industries, as well as the karaoke and hostess bars that have relied on officials spending up. One former Australian diplomat who was recently entertained […]

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MacroBusiness Monday, October 20, 2014 - 14:22 Source

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New Matilda Monday, October 20, 2014 - 14:10 Source

Two French journalists jailed for months in Indonesia are due to appear in court today, on the same day as the inauguration of Indonesian President Joko Widodo.

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Renew Economy Monday, October 20, 2014 - 14:03 Source

Report says governments should clear way for Australian gas export boom, despite fact it could drive up household gas bills by $300 a year in some cities.

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Renew Economy Monday, October 20, 2014 - 13:55 Source

Four previous winners of Australian Technologies Competition (ATC) named in Global Cleantech Cluster Association 2014 Later Stage Awards Global Top 30.

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Renew Economy Monday, October 20, 2014 - 13:52 Source

Graph underlines renewables penetration in Australia, as AEMO observes no issue with SA having 100% renewables, as long as interconnector stays connected.

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Renew Economy Monday, October 20, 2014 - 13:52 Source

Graph underlines renewables penetration in Australia, as AEMO observes no issue with SA having 100% renewables, as long as interconnector stays connected.

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MacroBusiness Monday, October 20, 2014 - 13:36 Source

Nothing really new here expect the threatened downgrades from Moody’s: The growing oversupply in the iron ore market is damaging for the sector and poses risks to the downside. We estimate over 300 million metric tons (MT) of new and expanded production will come on-stream over the next several years. In light of expectations for muted growth in […]

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Renew Economy Monday, October 20, 2014 - 13:03 Source

Brisbane-based Tritium signs deal to supply its world-leading Veefil fast charge technology to EV networks across Germany, Austria and Switzerland.

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Club Troppo Monday, October 20, 2014 - 13:02 Source

hkHere is quite a good article seeking to “reframe” the asylum seeker debate. It takes a reasonably moderate, non-hysterical approach.

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The Tally Room Monday, October 20, 2014 - 13:00 Source

Williamstown1-2PPWilliamstown is a safe Labor seat covering the inner west of Melbourne, including Brooklyn, Kingsville, Newport, Seddon, South Kingsville, Spotswood, Williamstown, Williamstown North and Yarraville.

Labor MP Wade Noonan has held the seat since a 2007 by-election, triggered by the retirement of former Premier Steve Bracks. Noonan holds the seat by a 13.2% margin.

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MacroBusiness Monday, October 20, 2014 - 12:53 Source

From Fairfax: The Australian Federal Police are poised to seize assets of corrupt Chinese officials within weeks, in an unprecedented joint operation with its Chinese counterparts. In an exclusive interview with Fairfax Media, Commander Bruce Hill, the manager of the AFP’s operations in Asia, has confirmed Australia has agreed to assist China in the extradition and […]

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Renew Economy Monday, October 20, 2014 - 12:50 Source

One of the key members of the Warburton Review that recommended the end of subsidies under the renewable energy target has just installed a large solar system on a rural property – using the very same subsidy that he wants abolished.

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Renew Economy Monday, October 20, 2014 - 12:50 Source

One of the key members of the Warburton Review that recommended the end of subsidies under the renewable energy target has just installed a large solar system on a rural property – using the very same subsidy that he wants abolished.

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MacroBusiness Monday, October 20, 2014 - 12:44 Source

From the SMH blog: …27 economists surveyed by Bloomberg, 26 expect rate hikes next year. But bond markets are pricing in the chance of the opposite. And in the wake of this week’s turmoil economist, Guy Bruten at Alliance Bernstein lists four circumstances (aside from GFC II) that may prompt the RBA to cut, rather than, hike rates […]

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Renew Economy Monday, October 20, 2014 - 12:43 Source

International report ranks Australia last on leadership & climate change, as carbon price repeal thrust the country into reverse in low-carbon race.

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MacroBusiness Monday, October 20, 2014 - 12:38 Source

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MacroBusiness Monday, October 20, 2014 - 12:19 Source

Citi today offers some useful analysis of the trillion-dollar question. At what price can Saudi and/or OPEX dislodge US shale oil production? And, by extension, what price are we going to see for LNG contracts for the next few years? In a stand-off between OPEC and US shale, how low can shale go? In a bear scenario, […]

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MacroBusiness Monday, October 20, 2014 - 11:47 Source

From Morgan Stanley: We are more concerned about the outlook for the major Australian banks because we think the EPS upgrade cycle is coming to an end and investors are under-estimating the downside risk to ROEs from the Murray Inquiry. Against this backdrop, elevated trading multiples are hard to justify. The EPS upgrade cycle is […]

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Renew Economy Monday, October 20, 2014 - 11:37 Source

Lockheed Martin says it's working on a compact nuclear fusion reactor that could be deployed in 10 years. Physicists aren’t getting their hopes up just yet.

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Renew Economy Monday, October 20, 2014 - 11:36 Source

A new book by solar pioneer Peter Varadi charts the history of solar PV and looks ahead to what our solar-powered energy future might look like.

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MacroBusiness Monday, October 20, 2014 - 11:35 Source

From Mac Bank: Three weeks before the APEC conference in Beijing, the city has suffered another bout of “airpocalypse” with air quality measures reaching the “hazardous” level three days in a row. While at least part of the cause has been linked to agricultural fires following the autumn harvest, the response has reportedly been to order shutdowns and output […]

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Political Owl Monday, October 20, 2014 - 11:23 Source
  • Are Women Better Decision Makers? – “Credit Suisse examined almost 2,400 global corporations from 2005 to 2011 — including the years directly preceding and following the financial crisis — and found that large-cap companies with at least one woman on their boards outperformed comparable companies with all-male boards by 26 percent. … From 2005 to 2007, Credit Suisse also found, the stock performance of companies with women on their boards essentially matched performance of companies with all-male boards.
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MacroBusiness Monday, October 20, 2014 - 11:00 Source

In its Q3 production update, Arrium announced this morning: Record shipments of 3.45Mt (dmt), up 0.29Mt on prior quarter  Sales of 3.29Mt (dmt), down 0.03Mt on prior quarter  Achieved targeted annualised sales rate of 13Mtpa  Average Platts market index price (62% Fe CFR) US$90/dmt, down US$12/dmt on prior quarter  Average realised […]

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xkcd.com Monday, October 20, 2014 - 11:00 Source

Ok, but make sure to get lots of pieces of rock, because later we'll decide to stay in a room on our regular orb and watch hammers hold themselves and hit rocks for us, and they won't bring us very many rocks.

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Renew Economy Monday, October 20, 2014 - 10:31 Source

When two of the most powerful men in Australia profess to being repulsed by renewable energy harvesting wind turbines, we have a serious problem.

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Renew Economy Monday, October 20, 2014 - 10:31 Source

When two of the most powerful men in Australia profess to being repulsed by renewable energy harvesting wind turbines, we have a serious problem.

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MacroBusiness Monday, October 20, 2014 - 10:06 Source

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MacroBusiness Monday, October 20, 2014 - 09:42 Source

By Leith van Onselen The cost to Australian consumers from the construction of costly desalination plants continue to soar as rising dam levels make the investments redundant. From The Australian: …the Victorian desalination plant, southeast of Melbourne, will have cost water users $1.2bn by the November 29 state election, rising to $2bn by the end […]

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