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MacroBusiness Wednesday, July 1, 2020 - 14:00 Source

From your friendly neighbourhood tyrannical regime: Oh my god am I reading this right??? Article 38: The law applies to persons who do NOT have permanent resident status in HK and commit crimes under this law OUTSIDE Hong Kong. Did Beijing just grant itself sweeping extraterritoriality to…everyone on the planet? — B. Allen-Ebrahimian (@BethanyAllenEbr) June

The post CCP applies Hong Kong security law to Planet Earth appeared first on MacroBusiness.

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Renew Economy Wednesday, July 1, 2020 - 13:46 Source

Angus Taylor COAG Energy Council agenda - optimisedThe Morrison government has claimed success in meeting Australia’s targets under the Kyoto Protocol, which came to an end on Wednesday, despite three decades of relative inaction and stalling from successive federal governments.

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Renew Economy Wednesday, July 1, 2020 - 13:44 Source

Sydney Town Hall SolarCity of Sydney now running on 100 per cent renewables, as power begins flowing from regional solar and wind projects.

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MacroBusiness Wednesday, July 1, 2020 - 13:40 Source

The insurance premium for Sydney’s Opal Tower – which was evacuated on Christmas Eve 2018 amid severe structural cracking – has been increased by $1.1 million after 12 experts found more than 500 additional defects. The find has prompted the owners’ corporation to sue the New South Wales government. Owners’ corporation chairman Shady Eskander said

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MacroBusiness Wednesday, July 1, 2020 - 13:20 Source

The New South Wales Government’s review of federal financial relations has proposed a range of tax reforms, which include increasing the GST or broadening its scope. The expert panel has also proposed giving NSW residents the option of making a one-off stamp duty payment when they buy a new home or paying land tax every

The post NSW demands fundamental tax reform appeared first on MacroBusiness.

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MacroBusiness Wednesday, July 1, 2020 - 13:00 Source

The lack of planning and foresight to cope with the immigration deluge into Australia’s big cities never ceases to amaze. In the 15 years to 2019, Melbourne’s population ballooned by an insane 1.4 million people, representing a 39% increase: And the predictable result has been the crush-loading of all manner of economic and social infrastructure,

The post Immigration ponzi crush-loads Melbourne’s schools appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, July 1, 2020 - 12:53 Source

There are few sadder sights in international relations than a leadership in search of devils and hobgoblins. But such sights tend to make an appearance when specialists in threat inflation either get elected to office or bumped up the hierarchies of officialdom. The sagacious pondering types are edged out, leaving way for the drum beaters.…

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MacroBusiness Wednesday, July 1, 2020 - 12:40 Source

Via The Australian comes the sound of the door closing on cheap energy: Energy giant Shell said several of its high profile Australian gas projects were to blame for a massive $US8bn to $US9bn ($A11.7bn-$A13.2bn) writedown triggered by lower prices amid a Covid-19 demand shock. The energy major – one of Australia’s biggest gas producers

The post Always waste a good crisis. Gas cartel edition appeared first on MacroBusiness.

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MacroBusiness Wednesday, July 1, 2020 - 12:20 Source

Another report has emerged on the systemic exploitation of international students by Australian employers: A study by the University of NSW and the University of Technology Sydney involving 5000 participants found a vast majority of international students were victims of wage theft, with three in four earning below the minimum casual wage… Patrick Turner, a

The post International students ground zero for wage theft appeared first on MacroBusiness.

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MacroBusiness Wednesday, July 1, 2020 - 12:10 Source

The Australian Bureau of Statistics (ABS) has released dwelling approvals data for the month of May. At the national level, the number of dwelling approvals collapsed by a seasonally adjusted 16.4% to 12,736. The overall decline in approvals was driven by units & apartments, which fell by 34.9%, whereas house approvals fell by 4.4%. Over

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MacroBusiness Wednesday, July 1, 2020 - 12:00 Source

Via Crikey: Murdoch watchers are about to see in real life how Lachlan handles the dilemma his father regularly faced: how to choose between the political right (in this case, Trump) and the likely political winner (almost certainly not Trump). It’s not just the polls, with averages currently showing Joe Biden up about 10%. It’s

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The Australian Independent Media Network Wednesday, July 1, 2020 - 12:00 Source

Continued from: COVID-19: Where was it born: China, the United States or Ukania? (A diabolical struggle: part 1) You can’t patent a vaccine with the United States patent office unless the science is there. So there is a vaccine. Everyone’s lying about that, no one’s pointing this out – there’s a vaccine but instead Big…

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Renew Economy Wednesday, July 1, 2020 - 11:59 Source

Genex extends deadline for debt financing deal as it seeks to land an equity partner for Kidston pumped hydro project and lock in transmission agreement.

The post Deadline extended for Kidston storage project as it seeks equity and transmission deals appeared first on RenewEconomy.

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Renew Economy Wednesday, July 1, 2020 - 11:54 Source

Chesapeake Energy, the poster child of the US shale revolution and the so-called “Google of oil and gas” has filed for Chapter 11 protection in the US Bankruptcy Court.

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Renew Economy Wednesday, July 1, 2020 - 11:50 Source

Coal Fired Power Station - optimised department queensland collinsvilleReport reveals new-build renewable energy is already cheaper than already operating coal plans across much of the planet, and sets out a plan for a just transition.

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