Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, January 15, 2019 - 08:30 Source

By Chris Becker  Wall Street finally stopped climbing last night, with the weaker than expected Chinese trade data and caution over the upcoming Brexit vote taking confidence off the table. Further slow news on European industrial production saw the Euro taper further, while US Treasuries remained solidly bid as gold and Yen as safe havens also

The post Macro Morning appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 16
MacroBusiness Tuesday, January 15, 2019 - 08:12 Source

by Chris Becker Here’s the latest price update from the iron ore complex: Some delaying news from WA with Rio Tinto disrupting some supply due to a fire last week at its Cape Lambert export facility. More here: A Rio spokesman said the mining giant had declared force majeure on customers impacted by damage to

The post Daily iron ore price update (RIO delays) appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 30
Cheeseburger Gothic Tuesday, January 15, 2019 - 07:08 Source

I'm just back from a couple of weeks in Vietnam, part family holiday, part research trip. (Seriously,the backstreets of Hanoi are a perfect setting for a space habitat novel). This is my first day back at the desk and I wanted to share this vid I saw on the Twitz this morning. It's a recruitment ad for the RAN and it is brilliant because it doesnt look like a recruitment ad for the RAN.

Read more Views: 36
Poll Bludger Tuesday, January 15, 2019 - 05:14 Source

In the first new poll of the year, both major parties are up on the primary vote, yet their leaders' disapproval ratings have shot upwards.

The post Essential Research: 53-47 to Labor appeared first on The Poll Bludger.

Read more Views: 34
MacroBusiness Tuesday, January 15, 2019 - 00:25 Source

By Leith van Onselen David Fickling published a ripping article in Bloomberg over the weekend warning that the increasing share of dwelling construction coming in the form of high-rise apartments risks exacerbating Australia’s housing crash: Back in the 1980s, single-family detached homes comprised about three-quarters of building approvals, and even through the 1990s and 2000s

The post Australia’s high-rise fetish to exacerbate housing bust appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 37
MacroBusiness Tuesday, January 15, 2019 - 00:20 Source

By Leith van Onselen CoreLogic’s latest dwelling sales data was more bad news for those groups heavily reliant on property transactions, such as real estate agents and state governments (via stamp duty). It also points straight down for house prices. The next chart plots annual sales volumes across the five major markets to September 2018,

The post Property prices and sales in synchronised crash appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 48
MacroBusiness Tuesday, January 15, 2019 - 00:15 Source

By Leith van Onselen After spending a decade worrying about the rise of Japan, economists (and population boosters) in Australia have frequently labelled Japan an ‘economic basket case’ due to its ageing (and falling) population and its slow growth in headline GDP. I have frequently challenged this argument, citing Japan’s enviously low unemployment rate, which

The post Japan shows the world how to age gracefully appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 40
MacroBusiness Tuesday, January 15, 2019 - 00:10 Source

By Leith van Onselen L-Plate Treasurer, Josh Frydenberg, has opened a new dumb front in the Coalition’s war against Labor’s negative gearing policy, arguing that delaying implementation by one year could blow a $6-billion hole in the federal budget. From The Courier Mail: IF LABOR pushes back the start date of its signature negative-gearing policy

The post Coalition launches new dumb front in negative gearing attack appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 27
MacroBusiness Tuesday, January 15, 2019 - 00:01 Source

Global Macro / Markets / Investing: GAM, Schroders and BlackRock hedge funds among worst performers in 2018 – FT Wall Street Struggles With the Bad Kind of Volatility – WSJ ‘Bad bets’ see Bill Gross’s Janus Henderson fund fall below $1bn – FT Are Market Moves Happening Faster? – A Wealth of Commonsense Americas: It’s

The post Links 15 January 2019 appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 39
Club Troppo Monday, January 14, 2019 - 22:31 Source

Today’s Fin Review column

What would Abraham Lincoln think of the Productivity Commission’s report into Australia’s super system? A funny question I know, but amongst his charms those eight-score years ago was a lively interest in economics and an original mind – seriously.

Read more Views: 38
John Quiggin Monday, January 14, 2019 - 20:39 Source

The idea of a “Green New Deal” seems to be everywhere, quite suddenly, although Wikipedia suggests it has been around for quite a while and that the phrase was coined by the ubiquitous Tom Friedman. There’s quite a good summary of the various versions by David Roberts at Vox (for those who don’t know him, an excellent source on climate issues in general).

Read more Views: 63
The Australian Independent Media Network Monday, January 14, 2019 - 16:47 Source

By Denis Bright  In the absence of major opinion polls since late November 2018, only Nostradamus might try to predict the outcomes or even the political uncertainties arising from the NSW state elections on 23 March 2019. In the 93 seats in the NSW Legislative Assembly, the primary votes are just neck and neck within…

The post Countdown to 23 March 2019 in NSW: New Game Changer in Australian Politics? appeared first on The AIM Network.

Read more Views: 36
MacroBusiness Monday, January 14, 2019 - 16:45 Source

A relatively quiet start to the week here in Asia with Japanese markets closed and news dominated by the latest Chinese trade figures which surprised on the downside, pushing Yen higher against USD, the Aussie and Kiwi. Further volatility is expected mainly on FX and bond markets tonight with continued pressure on Theresa May as

The post Macro Afternoon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 34
Renew Economy Monday, January 14, 2019 - 15:02 Source

First instalment of three-part series looking back at what the past year of energy policy turmoil has meant for the National Electricity Market (NEM).

Read more Views: 31
MacroBusiness Monday, January 14, 2019 - 15:00 Source

by Chris Becker Not good timing as the US/China trade delegation continues it’s drawn-out talks, with the latest Chinese trade figures pointing to a near record surplus with the US. From Trading Economics: China’s trade surplus widened to USD 57.06 billion in December of 2018 from USD 53.85 billion in the same month a year

The post China trade slumps as surplus nears record high appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 36
Renew Economy Monday, January 14, 2019 - 14:59 Source

A new regulation has highlighted that consumers who used comparison sites typically paid 5-12% more than the lowest possible offer.

The post Energy price gouging exposed by new regulations appeared first on RenewEconomy.

Read more Views: 32
Renew Economy Monday, January 14, 2019 - 14:56 Source

Reach Solar's 900MW Yarrabee Solar Farm, approved for construction in NSW Riverina, will have capacity to power a city nearly twice the size of Newcastle.

The post NSW waves through 900MW solar farm for construction in Riverina appeared first on RenewEconomy.

Read more Views: 28
Renew Economy Monday, January 14, 2019 - 14:25 Source

The first of its kind, this integrating technology means that consumers can now tell their Google Assistant to start and stop charging of their electric vehicle.

Read more Views: 33
Renew Economy Monday, January 14, 2019 - 14:22 Source

New research reveals the United States sits on the precipice of what could be a monumental solar boom set to play out over the next five years.

The post US on verge of 139GW solar boom appeared first on RenewEconomy.

Read more Views: 25
Renew Economy Monday, January 14, 2019 - 13:55 Source

Solar's record-breaking 2018 is expected to continue into 2019, with forecasts of another 3GW-plus to be added in utility-scale solar alone, putting solar PV on track to deliver 10% of NEM demand by 2020.

Read more Views: 35
Club Troppo Monday, January 14, 2019 - 13:45 Source

Yes folks, the PC’s Final Report on Super tells us that the regulation of self managed super funds (SMSFs) is “appropriate” and plumps for more attention to ‘advice’ in setting up SMSFs. Verily, my gob was truly smacked and smacked again. In any event, there’s not much more to say other than to hoist an old column from the archives – below.

Read more Views: 40
MacroBusiness Monday, January 14, 2019 - 13:00 Source

Cross-posted from Independent Australia: Without a fundamental change to economic thinking, we will continue down the dystopian road, argues Stephen Williams. THE HEAD of the Muppet Show, Scott Morrison, met with state and territory leaders in Adelaide recently for the COAG chinwag. Topping the list of agenda items was population. I will try and summarise the population problem as

The post The dystopian road to a ‘Big Australia’ appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 31
The Australian Independent Media Network Monday, January 14, 2019 - 12:51 Source

The Coalition came to power in 2013 promising to cut wasteful spending and one of their first steps was to immediately start sacking public servants with a goal of 16,500 by mid-2018. Whilst the government didn’t do any figures on how much this would cost, analysis gave an estimate of $1 billion in redundancy payouts…

The post The staggering cost of small government appeared first on The AIM Network.

Read more Views: 32
MacroBusiness Monday, January 14, 2019 - 12:00 Source

By Leith van Onselen After vigorously opposing the Trans-Pacific Partnership (TPP) in the lead-up to the 2016 Presidential Election, the Trump Administration appears to be having second thoughts. From The AFR: Donald Trump has backed a fresh drive by the United States to re-engage with Australia and Asia on trade deals such as the Trans-Pacific

The post Trump to rejoin TPP? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 38
Renew Economy Monday, January 14, 2019 - 11:47 Source

WestWind Energy's plans to build an 800MW wind farm in Victoria – potentially the largest in the Southern Hemisphere – win state government planning approval.

Read more Views: 31
MacroBusiness Monday, January 14, 2019 - 11:30 Source

by Chris Becker Goldman Sachs are out with a Yuan forecast this morning that maybe a little late, and a little optimistic particularly on the trade risk: Via Bloomberg: “While talks can still falter and a deal that rolls back existing tariffs and removes trade uncertainty feels like a high bar, the risk of another

The post GS: Yuan to strengthen further appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 38
MacroBusiness Monday, January 14, 2019 - 11:30 Source

By Leith van Onselen Last week, the senior bureaucrat who reviewed building regulation for the NSW Government warned that defects in the 34-storey Opal Tower at Sydney’s Olympic Park “are likely just the tip of the iceberg”. Over the weekend, The Australian reported that NSW taxpayers may be forced to pay millions to repair the

The post NSW taxpayers to be slugged millions to fix Opal tower faults appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 75
En Passant Monday, January 14, 2019 - 11:02 Source

Is overpopulation just a construct? (Image by Arthimedes, via Shutterstock)

For many, overpopulation is the problem. It can also be code for keeping brown people out. For many activists, it might be unwitting but objectively, the overpopulation, anti-people scare campaign sends xenophobic and racist messages.

To read my full article in Independent Australia, click here.

Read more Views: 37
MacroBusiness Monday, January 14, 2019 - 11:00 Source

By Leith van Onselen Late last year, Interest.co.nz published an alarming report showing how the Auckland region’s undersupply of homes has blown-out by nearly 400% in just four years – from 6944 in 2014 to 34,150 in 2018 – on the back of an insane 134,000 increase in population from net overseas migration: On Friday,

The post Auckland’s housing crisis deepens appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 36
xkcd.com Monday, January 14, 2019 - 11:00 Source

People keep trying to come up with reasons that we should worry about the magnetic field collapsing or reversing, but honestly I think it's fine. Whatever minor problems it causes will be made up for by the mid-latitude auroras.

Read more Views: 17

Pages