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MacroBusiness Friday, August 23, 2019 - 00:10 Source

In the week ended 22 August 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, jumped another 0.22%: The rise in values was driven by Sydney and Melbourne: So far in August, dwelling values have risen by 0.54%, driven by Sydney and Melbourne where prices are rising strongly:

The post CoreLogic weekly Australian house price update: Surging appeared first on MacroBusiness.

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MacroBusiness Friday, August 23, 2019 - 00:09 Source

Earlier this month, Australia’s mainstream media was awash with articles touting “tiny homes” as a solution to the nation’s growing homeless epidemic. For example, SBS News reported the following: A new Melbourne-based project is aiming to break the cycle of chronic homelessness by using otherwise vacant government land to build “tiny homes”. Independent community agency

The post “Tiny home” closures push thousands into homelessness appeared first on MacroBusiness.

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MacroBusiness Friday, August 23, 2019 - 00:08 Source

The Academic Rankings of World Universities was released last week, which placed a record seven Australian universities within the world’s top 100: The ranking, produced by the China-based Shanghai­Ranking Consultancy, is regarded by most top universities as the most ­prestigious of the international rankings because it measures only excellence in research — mainly in the

The post International students should ignore bogus university rankings appeared first on MacroBusiness.

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MacroBusiness Friday, August 23, 2019 - 00:01 Source

Global Macro / Markets / Investing: World Bank Raises $33 Million Selling Ethereum-Based Blockchain Bonds – Be In Crypto Market top? Homemade mystery boxes are popping up on Etsy and eBay – VOX 3 Key Facts About Centralized Cryptocurrency – Medium Recession risks overblown? Money market funds’ AUM pass 2009 high – Bloomberg Americas: At

The post Links 23 August 2019 appeared first on MacroBusiness.

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MacroBusiness Thursday, August 22, 2019 - 17:00 Source

Stock markets in Asia are oscillating between small losses and tiny gains, with traders looking to the Fed again as it holds it symposium tonight in Wyoming. Chinese stocks are quite mixed with the Shanghai Composite again hovering on another scratch session going into the close, up three points to 2883 while the Hang Seng Index is the

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, August 22, 2019 - 16:45 Source

Yesterday, Cardinal George Pell lost his appeal against his conviction of child sexual abuse. Children, when allowed to develop without debilitating trauma, often have an innate sense of fairness, together with a belief and the expectation that justice must be and will be made to prevail. When you’ve been sexually abused in your childhood, this…

The post Dealing with Pell appeared first on The AIM Network.

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Renew Economy Thursday, August 22, 2019 - 15:15 Source

Two separate research analyses have outlined the ways onshore wind generation and rooftop solar

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Renew Economy Thursday, August 22, 2019 - 15:14 Source

Windlab seeks answers from AEMO after market operator suggested Kennedy wind-solar-battery project may be delayed another two years.

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Renew Economy Thursday, August 22, 2019 - 15:12 Source

Renewable energy is creating jobs and reducing costs and emissions for isolated and remote Indigenous communities in Queensland’s far North.

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Renew Economy Thursday, August 22, 2019 - 15:10 Source

Slavko’s strong leadership and extensive experience across all business lines will underpin ABB’s growth momentum in Australia.

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Renew Economy Thursday, August 22, 2019 - 14:56 Source

Origin sees future as decentralised and digitised, and focused on solar, storage and "connected" customers. But how to maintain profit margins and beat off new rivals like Shell?

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Renew Economy Thursday, August 22, 2019 - 14:40 Source

RES Group's 200MW solar and storage project proposed for NSW Riverina region wins development consent from state planning department.

The post NSW gives green light to 200MW Avonlie solar farm appeared first on RenewEconomy.

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MacroBusiness Thursday, August 22, 2019 - 14:00 Source

From Beijing’s useful idiot Greg Jericho today: On Tuesday Trump suggested that “I am doing this whether it’s good or bad for your statement about, ‘Oh, will we fall into a recession for two months?’ The fact is, somebody had to take China on. Whether it’s good for our country or bad for our country, short term, it

The post Jericho: Trump “ignorant” for fighting world’s greatest tyranny appeared first on MacroBusiness.

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MacroBusiness Thursday, August 22, 2019 - 13:45 Source

Via CoreLogic: The vendor discount metric measures, for properties that sell below the initial list price, the difference between the original list price and the ultimate sale price. The metric is calculated as a median across a rolling 3 months of data. Within the past 3 months, housing conditions have started to stabilise but there

The post Property vendor discounting stabilises appeared first on MacroBusiness.

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MacroBusiness Thursday, August 22, 2019 - 13:30 Source

No, really? Yes, really, via Reuters: Major British employers gave average pay rises of 2.6% to staff in the three months to July, the highest pace of increase in more than 10 years, data from industry consultants XpertHR showed on Thursday. Annual pay settlements in Britain began to rise roughly a year ago as the

The post UK wages rocket as cheap foreign labour exits labour market appeared first on MacroBusiness.

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