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Renew Economy Tuesday, June 20, 2017 - 07:39 Source

Lyon Group announces another huge solar plus storage project, this time in Victoria, and unveiled plans to tender for contracts for battery services to underpin the investment and finalise the design of its three major projects.

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Renew Economy Tuesday, June 20, 2017 - 07:39 Source

Lyon Group announces another huge solar plus storage project, this time in Victoria, and unveiled plans to tender for contracts for battery services to underpin the investment and finalise the design of its three major projects.

Read more Views: 25
Renew Economy Tuesday, June 20, 2017 - 07:36 Source

Were green targets to blame for the Grenfell Tower fire tragedy? Murdoch columnists in Australia say so, but here's a debunk to this ugly nonsense.

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Renew Economy Tuesday, June 20, 2017 - 07:36 Source

Were green targets to blame for the Grenfell Tower fire tragedy? Murdoch columnists in Australia say so, but here's a debunk to this ugly nonsense.

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The Australian Independent Media Network Tuesday, June 20, 2017 - 06:00 Source

Tuesday 20 June 2017 Two or three times recently I have commented on the principle that in politics once you have dug yourself into a hole it’s extremely difficult to dig yourself out of it. Monday’s Newspoll has Labor 6 points in front of the Coalition. It has been around that since the last election.…

The post Day to Day Politics: No doubt, Newspoll is correct. appeared first on The AIM Network.

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MacroBusiness Tuesday, June 20, 2017 - 05:45 Source

The MacroBusiness moniker, Reynard the Fox, represents why the blog exists. Reynard is an archetype of the “trickster”, the joker or court jester who cuts through the hypocrisy of the day to tell the plain truth. Crucially, it is done from the inside. Reynard is not a rebel or revolutionary, he is a satirist, an

The post Does Australia need Revolution? appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 20, 2017 - 05:44 Source

The Aussie dollar fell against the USD last night but was still firm against EUR: And it remains firm against EMs: Gold was smacked: Brent tried and failed to rally: Base metals succeeded: Big miners too: And EM stocks: High yield is hanging on despite oil: US bonds were sold but the curve flattened again:

The post Stocks fly to new record highs appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 20, 2017 - 04:40 Source

Drip, drip, drip. The Dumb Bubble cops another downgrade in Australia: Moody’s Investors Service has today downgraded the Baseline Credit Assessments (BCAs), long-term ratings and Counterparty Risk Assessments (CRAs) of 12 Australian banks and their affiliates, reflecting elevated risks in the household sector which heighten the sensitivity of the banks’ credit profiles to an adverse

The post Now Moody’s downgrades the Dumb Bubble appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 20, 2017 - 03:41 Source

Via The Australian: The first attempts are being made to discount Malcolm Turnbull’s own benchmark of leadership failure — 30 losing Newspoll surveys in a row. There is disaffected grumbling from those within the Liberal Party trying to lower the threshold for leadership removal by claiming it will be fewer than 30 and pointing to

The post 30 Newspolls too many for Do-Labor Malcolm? appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 20, 2017 - 03:40 Source

The AFR has one dodgy compass some days: Alex Malley had a choice: money or fame. He chose both, a fateful decision that led to what seems to be his inevitable downfall, if not as chief executive of CPA Australia, then at least of a man respected by his business peers and members. …Where they noticed,

The post How the Naked CEO blew it appeared first on MacroBusiness.

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Club Troppo Tuesday, June 20, 2017 - 02:03 Source

Beetles: Biased Promotions and Persistence of False Belief by George Akerlof, Pascal Michaillat – #23523 (LS PR)

Abstract:

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Club Troppo Tuesday, June 20, 2017 - 02:00 Source
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Club Troppo Tuesday, June 20, 2017 - 01:58 Source

Right-to-Carry Laws and Violent Crime: A Comprehensive
Assessment Using Panel Data and a State-Level Synthetic Controls
Analysis by John J. Donohue, Abhay Aneja, Kyle D. Weber – #23510 (LE)

Abstract:

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North Coast Voices Tuesday, June 20, 2017 - 00:16 Source

THE PROPHETIC QUESTION IS POSEDThe Sydney Morning Herald, 6 July 2016:Should Derryn Hinch really be a senator?......One of the outcomes of Saturday's federal election is that Victorians now have as one of their 12 representatives in the Senate a man who has over the past 30 years been to jail twice and fined $100,000 for breaching court orders, and who has been roundly criticised by the High Court for undermining the right of an accused person to a fair trial.

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MacroBusiness Tuesday, June 20, 2017 - 00:15 Source

By Leith van Onselen The Housing Industry Association (HIA) has attacked the NSW Budget’s first home buyer (FHB) bribe for failing to do enough to stimulate new home construction. From The AFR: Shane Garrett, senior economist for the Housing Industry Association, said the NSW budget to be handed down on Tuesday will cut a $5000

The post HIA hypocritically opposes NSW FHB bribe appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 20, 2017 - 00:15 Source

By Leith van Onselen The Victorian Liberal Party has continued its new found crusade against Melbourne’s break-neck population growth, releasing a blue print to divert population growth to the regions. From The Age: Tax breaks, new job zones and geographically targeted visas could be used to encourage more people to move to country towns in

The post VIC Liberals launch decentralisation pipe dream appeared first on MacroBusiness.

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North Coast Voices Tuesday, June 20, 2017 - 00:15 Source

Earth Justice, 14 June 2017:Washington, D.C.

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MacroBusiness Tuesday, June 20, 2017 - 00:12 Source

By Leith van Onselen Back in December 2015, Prime Minister Malcolm Turnbull launched his National Innovation and Science Agenda under much fanfare. According to Turnbull, this agenda would “invest $1.1 billion to incentivise innovation and entrepreneurship, reward risk taking, and promote science, maths and computing in schools”, and was to include tax concessions and tax

The post Turnbull’s innovation agenda has failed dismally appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 20, 2017 - 00:05 Source

Iron ore charts for June 19, 2017: Tianjin benchmark tacked on 80 cents to $54.70. Steel is stable. Coals doing better. The iron ore market is trying to give us a bear market rally as we pass through Chinese peak demand season but it’s coming off more like a damp squib. No change to the

The post Daily iron ore price update (damp squib) appeared first on MacroBusiness.

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MacroBusiness Tuesday, June 20, 2017 - 00:01 Source

Global Macro / Markets / Investing: This Is The Most Hideously Overvalued Market In History – Zero Hedge Fractional-Reserve Banking and Money Creation – Mises Why blockchains fail and decentralization succeeds – Venture Beat Goodbye, Yellow Brick Road – WSJ Bond Traders Still Come Out as Winners After Four Fed Rate Hikes – Bloomberg Has the meteoric rise of passive

The post Links 20 June 2017 appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, June 19, 2017 - 17:38 Source

By Neil Hogan If there was a universal basic income there would be no more unemployed, no more people on welfare, no more pensioners. There would be workers and non-workers, and no more demonising people on welfare as dole bludgers, no problems about what the retirement age should be, and the size of the Dept.…

The post A universal basic income would be good for everybody appeared first on The AIM Network.

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MacroBusiness Monday, June 19, 2017 - 16:59 Source

by Chris Becker Its a bright start to the week with Japanese stocks leading the way across Asia as safe haven buyers retreated away from Yen and filled in to commodity proxies like the Aussie and Kiwi. In mainland China the Shanghai Composite is up over 0.5% going into the close at 3137 points, still

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Monday, June 19, 2017 - 15:17 Source

In the past week, future prices fell again in all states. The downtrend is now firmly established and prices in the out years are significantly lower than in 2018. That’s particularly noticeable in Victoria.

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Renew Economy Monday, June 19, 2017 - 14:33 Source

Billed as a "once in a generation" opportunity to bring Australia's energy market into the 21st Century, the Finkel Review is rapidly being reduced to absurdist arguments about the lights going out – by the very government that commissioned it. So much for Grid 2.0.

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MacroBusiness Monday, June 19, 2017 - 14:14 Source

Fair dinkum, Phil, what is this? “When any of us feel like there is more competition out there you’re less inclined to put your price up,” he told the Crawford Australian Leadership Forum hosted by the Australian National University in Canberra on Monday. “People value security and one way you can get a bit more

The post Phil Lowe drags class war to new lows appeared first on MacroBusiness.

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MacroBusiness Monday, June 19, 2017 - 14:05 Source

From AMP: The pricing and policy changes for investment property loans, include: Variable interest rates for new and existing investment property loans will increase by 35 basis points For all new investor property loans, the maximum loan-to-value ratio (LVR) is reducing to 50%. This change applies to all new loans with an investment property as

The post AMP joins rate hike charge appeared first on MacroBusiness.

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Renew Economy Monday, June 19, 2017 - 13:58 Source

Scott Pruitt's official schedule shows that his door remains open to fossil fuel industry, and BHP has been among those thanking him for his "leadership".

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Renew Economy Monday, June 19, 2017 - 13:39 Source

It's not clear that there is a sufficient reward to justify much new investment in storage and firming capacity, given the presence of Snowy, Tas Hydro, and existing gas and coal generation.

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Renew Economy Monday, June 19, 2017 - 13:39 Source

It's not clear that there is a sufficient reward to justify much new investment in storage and firming capacity, given the presence of Snowy, Tas Hydro, and existing gas and coal generation.

Read more Views: 44
Renew Economy Monday, June 19, 2017 - 13:27 Source

For the first time, wind and solar exceeded 10% of total electricity generation in the US for the month of March.

Read more Views: 48

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