Blogotariat

By Leith van Onselen Canada and Australia have a lot in common. Both economies are commodity exporters. Both countries have experienced high rates of immigration. Both countries largely dodged the global recession that shocked the developed world. Both were said to have world-beating banking systems. And both nations have amongst the developed world’s most expensive housing, when measured

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Perth company says its graphite anode help delivered 20% higher capacity and 20% higher power in lithium-ion battery cell tests, against the industry standard.

BMW says sales of electric BMW and Minis soared 52% in April; company secures autonomous driving road test licence in China.

WEBINAR LIVE THIS AFTERNOON 17th May, 12:30 PM (GMT + 11:00): Ethical Impacts on your Bottom Line Join David Llewellyn-Smith, Damien and Tim as they take a look at the impact of ethical investments to your portfolio. – Weighing up the pros and cons of applying ethical investment choices. – Can we make a difference ?

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By Chris Becker A much better night on risk markets in response to some secondary reports in the US regarding industrial production with housing starts overperforming and oil inventories shooting to the underside, lifting oil prices and hence energy stocks. European markets were mixed as the Euro dropped on the new Italian government while gold

The post Macro Morning appeared first on MacroBusiness.

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By Leith van Onselen CoreLogic’s Daily home values index shows that quarterly values are falling fastest in Sydney (-0.94%) and Melbourne (-0.77%), which has dragged the five-city index down by 0.65% over the quarter: As we have reported previously, first home buyer (FHB) stamp duty incentives were introduced in both NSW and VIC from 1

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ACT government brings forward its zero emissions target to 2045, turning its focus to transport and gas, and laying down the gauntlet for other states and Canberra to follow.

The Age, 8 May 2018:A branch of the NSW Liberal Party is set to debate the merits of Sharia-style corporal punishment and a radical proposal to make citizens responsible for sentencing criminals rather than judges.The notoriously hard-right Carlingford branch, under its colourful president George Popowski, will discuss a push to "straighten out the law and order system" by handing sentencing powers to a panel of 20 members of the public, with no more than 30 per cent from the

From Morgan Stanley analysts Richard Wiles and Andrei Stadnik: We have a negative stance on the major banks as they have come to the end of a super cycle and now face a difficult transition, which features a combination of both operating headwinds and regulatory risks. We see fundamental change in the mortgage market, modest

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Iron ore prices for May 16, 2018: Tianjin benchmark rose 25 cents to $67.65. We’re running on the spot here. Next big move remains down into EOFY.

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Global Macro / Markets / Investing: Meet Tesla’s new bondholder: Billionaire George Soros – Reuters Capital Spending Boom Is No Great Boost to Capital Markets – WSJ Satellite data strongly suggests that China, Russia and other authoritarian countries are fudging their GDP reports – Washington Post Two Berkshire Takeaways and Thoughts on Competitive Markets –

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Yet another mixed day here in Asia as tensions rise once again on the Korean peninsula and the impact of higher US interest rates from the spike in Treasury yields is felt across risk markets. Only the ASX200 put in a positive session with gold putting in a small rebound from its sharp selloff overnight.

The post Macro Afternoon appeared first on MacroBusiness.

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We had a magical experience. Malaysia, a country held back for so long by authoritarian rulers, suddenly became the democracy it had always pretended to be. For the first time, the people were allowed to change the government. It was a historic moment, and many Malaysians and others felt a sense of jubilation.

It was like how we felt two and a half years ago when Burma’s military junta finally allowed the people to elect Aung San Suu Kyi as their ruler.

What’s happened in Burma since reminds us that euphoria doesn’t last. Running a successful campaign from opposition doesn’t mean you can run a successful government.