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Renew Economy Thursday, January 21, 2021 - 09:14 Source

Three key takeaways fro

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Renew Economy Thursday, January 21, 2021 - 09:09 Source

electricity network transmission infrastructure AEMC - optimisedFederal government tips $11m CopperString 2.0 transmission network upgrade, that will open up new regions of northern Queensland for renewable energy investment.

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MacroBusiness Thursday, January 21, 2021 - 09:00 Source

Via Martin Wolf at the FT: Here is what has happened. US President Donald Trump asserted for months, without evidence, that he could not be defeated in a fair election. He duly attributed his defeat to a rigged election. Four in five Republicans still agree. The President pressured officials to overturn their states’ votes. Having

The post Is the US doomed to be Imperial Rome? appeared first on MacroBusiness.

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Club Troppo Thursday, January 21, 2021 - 00:52 Source

I am all for effective vaccines and have been impressed with how fast vaccines have been developed against covid, but I never expected them to be the wonder weapons some promised them to be. After all, the yearly new vaccines against the flu never eradicated the flu but reduced their death toll, which is of course still a good thing but not a ‘final victory’. Gradually, the limitations of the covid-vaccines and the negative side-effects are starting to dawn on many.

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MacroBusiness Thursday, January 21, 2021 - 00:20 Source

ANZ at the AFR: Commonwealth Bank senior economist Kristina Clifton expects this shortfall in available workers means there will also be fewer people needing them compared with when our population growth was higher. “The sharp drop in the rate of population growth means that the economy needs to generate a much lower number of jobs

The post CBA: Fewer migrants means faster pay rises appeared first on MacroBusiness.

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MacroBusiness Thursday, January 21, 2021 - 00:15 Source

ABC 7.30 Report ran an interesting segment questioning whether hotels are the safest and best places to hold people in quarantine? The key extracts from the transcript are below: PROF. TONY BLAKELY, EPIDEMIOLOGIST: Hotels have been very convenient in this outbreak, in this pandemic, because they were there. However, it is not perfect, it is

The post Time to take quarantine out of hotels appeared first on MacroBusiness.

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MacroBusiness Thursday, January 21, 2021 - 00:10 Source

Kevin Davis, Emeritus Professor of Finance at the University of Melbourne, has slammed the Morrison Government’s planned scrapping of responsible lending laws, which he argues is “particularly egregious” and a “triumph of ideology and vested interests over logic and evidence”: The axing of responsible lending obligations (RLOs) under the National Consumer Credit Protection Act 2009

The post No justification for removing responsible lending laws appeared first on MacroBusiness.

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MacroBusiness Thursday, January 21, 2021 - 00:01 Source

Global Macro / Markets / Investing: Stocks rise ahead of Yellen call for US to ‘act big’ on stimulus – Retro Post Can Paypal make inroads in China’s vast digital payments market? – CTGN The Urgent Case for Shrinking the Economy – New Republic Fighting climate crisis made harder by Covid-19 inequality, says WEF –

The post Links 21 January 2021 appeared first on MacroBusiness.

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Cheeseburger Gothic Wednesday, January 20, 2021 - 21:20 Source

Lobes sent me this mind blowing vid on the Twitz this morning. Umberto Eco looking for a book in his personal library.

Doesn't sounds like much, but just watch.

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George Monbiot Wednesday, January 20, 2021 - 18:19 Source

It is hard to imagine how the government’s handling of the pandemic could have been more catastrophic.  

By George Monbiot, published in the Guardian 13th January 2021

Here’s the chilling, remarkable thing that should be inscribed on everyone’s minds: there is no plan. This week, I asked the government’s Cabinet Office three simple questions. What are the objectives of the current lockdown? What are the criteria for deciding when it should be lifted? What are the criteria for imposing other restrictions following this lockdown? It had no answers.

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MacroBusiness Wednesday, January 20, 2021 - 16:30 Source

Asian share markets are somewhat mixed and unsettled going into tonight’s newsflow with Trump “serving” his last day as US President, with focus and realisation of both further stimulus and big tax increases confusing risk appetites. Bitcoin is at another crossroads, having sold off throughout the session to be back below the $36K level and

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, January 20, 2021 - 15:58 Source

Flags are strange things. Or rather, that should be people’s attitudes to flags are strange. For example, if you’ve been given the role of carrying your nation’s flag, it’s generally considered poor form to let the flag touch the ground. On the other hand, some people consider it very patriotic to buy thongs with the…

The post Australia Day OR Fun With Flags… appeared first on The AIM Network.

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Renew Economy Wednesday, January 20, 2021 - 15:13 Source

Macquarie Green Investment Group to take stake in esVolta, developer and owner of US big batteries including 600MWh of contracted projects mostly in California.

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