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Renew Economy Thursday, December 12, 2019 - 13:19 Source

scientists Hydrogen fuel cell unsw science research - optimisedAustralian scientists say a new green hydrogen production technique could slash costs by avoiding the need for expensive metals.

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MacroBusiness Thursday, December 12, 2019 - 13:15 Source

Via your burning PM today: “I’m a Sydneysider and I know how unusual it is to see that haze across my city, and I know how distressing that has been, particularly for young people, who wouldn’t have seen that before.” “And I can understand that is deeply unsettling to a lot of Australians, particularly those

The post ScoMo coughs lies from Sydney’s smoking climate crater appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 13:11 Source

greta thunberg climate change cop25 madrid loopholes - optimisedThunberg slams countries, like Australia, for using the COP25 climate talks to push for accounting loopholes instead of raising their climate ambition.

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MacroBusiness Thursday, December 12, 2019 - 13:00 Source

In the lead-up to the September 2017 general election, the New Zealand Labour Party launched a plan to reduce immigration by around a third in a bid to relieve chronic housing and infrastructure pressures (especially around Auckland): …in recent years our population has been growing rapidly as record numbers of migrants arrive here. This has

The post Migrant work visas surge under Jacinda Adern appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 12:49 Source

Via Reuters: U.S. President Donald Trump is expected to meet with top advisers on Thursday about planned Dec. 15 tariffs on nearly $160 billion in Chinese consumer goods, three sources familiar with the plans said. U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, and White House advisers Larry Kudlow and Peter Navarro will participate

The post Will Trump hike China tariffs this weekend? appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 12:40 Source

It’s raining mid-year Budget Updates with Victoria’s also released today: The general government sector operating surplus is estimated to be $618 million in 2019-20, with annual operating surpluses averaging $3.3 billion a year across the forward estimates. Compared with the 2019-20 Budget, the net result from transactions has been revised down by an average of

The post Property rebound lifts VIC stamp duty projections appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 12:23 Source

bushfire nsw queensland firefighter climate change - optimisedIf the grid valued environmental outcomes there wouldn't need to be so many different scenarios in AEMO's Integrated System Plan.

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MacroBusiness Thursday, December 12, 2019 - 12:20 Source

The Australian Bureau of Statistics (ABS) has released visitor arrivals and departures statistics for the month of October, which reveals that the number of permanent and long-term arrivals into Australia remains turbo-charged. In the year to October 2019, there were a record 844,240 permanent and long-term arrivals into Australia, up 2% from October 2018, and

The post Net migrant arrivals surge toward 300k appeared first on MacroBusiness.

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Renew Economy Thursday, December 12, 2019 - 12:13 Source

Lake Bonney Tesla batteryInfigen Energy says Lake Bonney battery now in full operation, adding a third big battery to the South Australia grid.

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The Australian Independent Media Network Thursday, December 12, 2019 - 12:10 Source

GetUp! Media Release One third of the largest corporations in Australia paid $0 tax in 2017-18, stunning new data released by the Australian Tax Office reveals. This year’s data revealed 710 tax avoiding corporations had a combined total revenue of $458,632,686,428, and taxable incomes of $10,617,889,645.00. They include: Woodside Petroleum: $0 tax on $6.3 billion…

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MacroBusiness Thursday, December 12, 2019 - 12:00 Source

The new AEMO Integrated Energy Plan makes for facinating reading: The objective of an ISP is to minimise long-term total system costs, thereby maximising benefits in the interest of consumers, while meeting the NEM’s reliability, security and emissions expectations. We have set out in Part B our modelling approach to determine a least-regret development path

The post AEMO bets big on energy storage to save Australia appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 11:40 Source

Ironically from by the AFR, kernel of evil for business parasitism, comes Productivity Commissioner Michael Brennan: Productivity Commissioner Michael Brennan says destructive rent seeking and a lack of entrepreneurship by business has stalled productivity and wage growth and that trying to fix the issue won’t be helped by reform nostalgia or economic pessimism. While business

The post How Kevin Rudd destroyed the Australian economy appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 11:20 Source

The NSW government has announced a 2019-20 budget surplus of $702 million in its mid-year economic review, down from a forecast a surplus of $1.016 billion in the June budget. The government expects surpluses to average $1.9 billion over the next four years, with stamp duty revenue being boosted by a rebound in Sydney’s housing

The post Stamp duty bounce saves NSW Budget appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 11:00 Source

One of the most profound changes affecting the Australian economy and society this century has been the massive lift in Australia’s net overseas migration (NOM) and population growth under the multi-partisan Big Australia policy. This rapid population growth is projected to continue for decades to come, if current policy settings favouring high immigration continue. The

The post A ‘Big Australia’ means more expensive everything appeared first on MacroBusiness.

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MacroBusiness Thursday, December 12, 2019 - 10:40 Source

In today’s webinar (12:30 pm AEST, Thursday 12th December), hear from MB Fund’s Head of Investment Damien Klassen, Tim Fuller, as well as Economist and Hon. Prof. of the University College of London, Steve Keen as they discuss “Dodging the Debt Disaster” Topics this week include credit creation and its limits, weighing up its pro’s

The post MB Fund Podcast: Dodging the Debt Disaster with Steve Keen LIVE TODAY appeared first on MacroBusiness.

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