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MacroBusiness Wednesday, December 13, 2017 - 13:20 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) has released its Births 2016 survey, which recorded a 1.9% rise in births to a record high 311,104 in 2016, with the fertility rate falling marginally to 1.789, thus remaining below replacement: The next chart plots births across Australia, which have hit a record high: Below

The post Australian births all-time high but we’re dying even more appeared first on MacroBusiness.

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Poll Bludger Wednesday, December 13, 2017 - 13:14 Source

A thread for discussion of the count in the Alabama Senate race, where the face of modern Republicanism, Roy Moore, does battle with Democratic candidate Doug Jones for the seat vacated by Jeff Sessions’ appointment to the Trump administration as Attorney-General.

The post Alabammy bound appeared first on The Poll Bludger.

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Renew Economy Wednesday, December 13, 2017 - 13:12 Source

Trump official says US wants to form group of countries to promote “clean” coal, to offer an alternative path to nations who have a more positive political attitude to the fuel.

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Renew Economy Wednesday, December 13, 2017 - 12:45 Source

Tesla big battery is starting to play more in the energy markets, but it has also been active in the less visible "services" market. Smarter, quicker, cheaper and cleaner than gas.

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Renew Economy Wednesday, December 13, 2017 - 12:45 Source

Tesla big battery is starting to play more in the energy markets, but it has also been active in the less visible "services" market. Smarter, quicker, cheaper and cleaner than gas.

Read more Views: 31
Renew Economy Wednesday, December 13, 2017 - 12:37 Source

LG announced a 15-year product warranty on all Mono X® Plus and NeON® 2 solar panels installed from 1 January 2018. The new warranty period is one of the longest solar panel product warranties available in Australia, and represents a three-year increase on LG’s existing warranty term.

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MacroBusiness Wednesday, December 13, 2017 - 12:30 Source

By Leith van Onselen Yesterday I reported how Sydney’s crippling immigration-fuelled population growth had pushed the rail network to breaking point, with one early morning incident causing mayhem well into the evening across the metropolitan train system. Today, Sydney Trains boss, Howard Collins, admitted that soaring passenger demand means the train system is stretched beyond

The post #Sardine Sydney train crash to worsen appeared first on MacroBusiness.

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MacroBusiness Wednesday, December 13, 2017 - 12:30 Source

By Leith van Onselen Yesterday I reported how Sydney’s crippling immigration-fuelled population growth had pushed the rail network to breaking point, with one early morning incident causing mayhem well into the evening across the metropolitan train system. Today, Sydney Trains boss, Howard Collins, admitted that soaring passenger demand means the train system is stretched beyond

The post #Sardine Sydney train crash to worsen appeared first on MacroBusiness.

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Renew Economy Wednesday, December 13, 2017 - 12:11 Source

ANU's Andrew Blakers says the distribution of solar and wind energy from one side of a continent to the other, and even between continents, is now “eminently feasible”.

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MacroBusiness Wednesday, December 13, 2017 - 11:49 Source

The ASX is mounting another challenge for new highs in its unmistakably bullish ascending triangle chart: This despite the AUD being well bid: Bonds are selling too so its a generalised lift in Australians growth sentiment for no obvious reason. Fatigued bears. The ASX is firing on both cylinders, of dirt: And debt: As The

The post ASX crawls, Australian dollar leaps higher appeared first on MacroBusiness.

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MacroBusiness Wednesday, December 13, 2017 - 11:34 Source

From The Australian: Malcolm Turnbull admitted today the government is “fighting to hold” Bennelong ahead of this weekend’s crucial by-election. “We’re focused on winning but the polls are very tight. We are fighting to hold that seat,” the prime minister said, before joining Liberal candidate John Alexander for another media event in the electorate. Mr

The post Has Beijing handed Bennelong to Labor? appeared first on MacroBusiness.

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MacroBusiness Wednesday, December 13, 2017 - 11:20 Source

Via Domainfax: More than half of Australian homeowners with a mortgage would be in dire straits if their repayments increased by more than $100 a month, new data shows. A nationwide survey found 54 per cent of borrowers do not think they could handle a repayment rise of more than $23 a week. Worse still,

The post Half of mortgagees in “dire straits” with two rate hikes appeared first on MacroBusiness.

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Renew Economy Wednesday, December 13, 2017 - 11:17 Source

Climate change could reduce amount of wind available for power production in UK and US, but increase winds in southern hemisphere countries like Australia.

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Renew Economy Wednesday, December 13, 2017 - 11:17 Source

Climate change could reduce amount of wind available for power production in UK and US, but increase winds in southern hemisphere countries like Australia.

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Renew Economy Wednesday, December 13, 2017 - 11:17 Source

Climate change could reduce amount of wind available for power production in UK and US, but increase winds in southern hemisphere countries like Australia.

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MacroBusiness Wednesday, December 13, 2017 - 11:13 Source

UBS giving the miners a lift today: UBS VIEW China’s property & infrastructure construction boom will slow in 2018e & 2019e, but we don’t expect a collapse, because i) slowing is by policy (tightening) design, ii) property inventory drawdown means developers will be building a higher share of (flat to lower) sales than last year,

The post UBS upgrades iron ore for 2018 appeared first on MacroBusiness.

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MacroBusiness Wednesday, December 13, 2017 - 11:00 Source

By Leith van Onselen The REINZ has released its house price data for November, which revealed a 0.2% seasonally adjusted monthly rise in the national median house price, with prices up 4.0% year-on-year: Outside Auckland, seasonally adjusted house prices rose by 0.8% in November, with prices up 8.8% year-on-year. Looking at the major cities, Auckland’s

The post Auckland house sales slump to 2010 lows appeared first on MacroBusiness.

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xkcd.com Wednesday, December 13, 2017 - 11:00 Source

[hair in face] "SEVVVENNN YEEEARRRSSS"

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MacroBusiness Wednesday, December 13, 2017 - 10:54 Source

Via Westpac: • The Westpac Melbourne Institute Index of Consumer Sentiment rose 3.6% to 103.3 in December from 99.7 in November. This is a surprisingly strong result and confirms the lift we have seen in the Index over the last three months. The average reading for the Index in the December quarter is 5% above

The post Consumer sentiment bounces appeared first on MacroBusiness.

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MacroBusiness Wednesday, December 13, 2017 - 10:40 Source

By Leith van Onselen The Mitchell Institute’s 2017 report has been released, which shows that while funding to universities has skyrocketed over the past decade in real terms, funding for vocational education and training (VET) has plummeted to a decade low. From The Conversation: The chart below shows the trends in expenditure over an 11-year

The post Australia needs more TAFE not more unis appeared first on MacroBusiness.

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Renew Economy Wednesday, December 13, 2017 - 10:37 Source

Woodside gas platform installs a 1MWh battery so it can use less gas in its generators.

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John Quiggin Wednesday, December 13, 2017 - 10:37 Source

That’s what Keynes called the gold standard nearly a century ago, and he was right. I was reminded of this by the commentary on my latest piece on Bitcoin, published in the Conversation and also the ABC. I restated the points I made in my 2015 article on the massive and wasteful use of electricity in Bitcoin mining.

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Harrangue Man Wednesday, December 13, 2017 - 10:22 Source

I sneezed twice but each time I actually said the word "Achoo" they both came across as wry, even mocking.It was a weird delivery of a double sneeze, to sound as if I am insulting someone with a wry cliched sneeze except the only one here is me.What's next? A sneering clearing of the throat? A sarcastic ball scratch? These are normal reactions; I don't want to set a pattern of body response twinned with aggrandisement. That's just making the challenge of being me that much harder.(Peeved bum jiggle)

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MacroBusiness Wednesday, December 13, 2017 - 10:20 Source

By Leith van Onselen Last month, The AFR reported that first-home buyers (FHBs) are desperately fighting for land in Melbourne as the city’s population soars: First-home buyers face fierce competition in Victoria’s fast-rising market, with only a quarter of the 84 lots in Stockland’s latest land release going to first-time buyers. Shaneel Veerabathula was one

The post Melbourne lot prices hyper-inflate as population ponzi overruns supply appeared first on MacroBusiness.

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The Tally Room Wednesday, December 13, 2017 - 10:15 Source

The Tasmanian election is due to be held by May 2018 – and if the last three elections are any guide, the election will likely be held in March.

In addition to the South Australian guide posted on Monday, I’ve now completed a similar guide for the five Tasmanian state electorates.

Here are the links to the five electorate guides:

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MacroBusiness Wednesday, December 13, 2017 - 10:00 Source

By Leith van Onselen The argument that Australia needs to maintain a turbo-charged skilled migrants intake (both permanent and temporary) to alleviate skills shortages was recently shot to pieces by the latest Department of Employment skills shortages report, which showed that Australian skills shortages “continue to be limited in 2016-17”, and that there are a

The post Australia has world’s lowest skills shortages, Malcolm appeared first on MacroBusiness.

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MacroBusiness Wednesday, December 13, 2017 - 09:44 Source

Phil Lowe just now: Introduction Good morning. Welcome to High Security Printing Asia 2017 and, for those who have travelled from overseas, welcome to Melbourne, Australia. I take this opportunity to also acknowledge the traditional custodians of the land on which we are gathered, the people of the Kulin nation, and, on behalf of everyone here, pay

The post RBA: Bitcoin/crypto “speculative mania” appeared first on MacroBusiness.

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MacroBusiness Wednesday, December 13, 2017 - 09:40 Source

Via Martin North: The UK Property Investment Market could be a leading indicator of what is ahead for our market. But in the UK just 15% of all mortgages are for investment purposes (Buy-to-let), compared with ~35% in Australia.  Yet, in a down turn, the Bank of England says investment property owners are four times

The post Specufestors 4x more likely to default than owner-occupiers appeared first on MacroBusiness.

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politicalowl Wednesday, December 13, 2017 - 09:27 Source

How much debt do we need? My answer: 70% of GDP - Roger Farmer's Economic Window

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Renew Economy Wednesday, December 13, 2017 - 09:23 Source

The Andrews Labor Government today opened the third ro und of the New Energy Jobs Fund for new energy technology projects to encourage the up take of renewable energy and reduce emissions.

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