Blogotariat

Oz Blog News Commentary
Renew Economy Thursday, December 14, 2017 - 15:24 Source

Regulator finally approves demand management incentive scheme, encouraging networks to invest in battery storage and micro-grids, rather than poles and wires. Had it come a decade earlier, it might have negated the climate and energy wars.

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Renew Economy Thursday, December 14, 2017 - 15:18 Source

The results of the federal government’s latest Emissions Reduction Fund auction have been released, revealing the purchase of nearly 8 million tonnes of carbon abatement for $104 million.

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Club Troppo Thursday, December 14, 2017 - 15:15 Source

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Renew Economy Thursday, December 14, 2017 - 14:49 Source

The last decade saw climate space occupied by activists, scientists, denialists and fossil fuel companies, but investors looking to de-risk portfolios will set stage for a very different 2018 and beyond.

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Renew Economy Thursday, December 14, 2017 - 14:39 Source

Origin Energy locks in "science-based" target of 50% emissions reduction by 2032. Critics note this is also when its last, ageing coal plant is due to shut.

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Renew Economy Thursday, December 14, 2017 - 14:34 Source

For those whose cars rarely leave suburbia, but who suffer from range anxiety – Nullarbor crossing in an electric vehicle can be done, has been done, and will continue to be done.

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Renew Economy Thursday, December 14, 2017 - 14:30 Source

Tesla big battery discharges at full capacity - 100MW - for first time as world's largest lithium ion battery continues shake-down of capabilities.

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MacroBusiness Thursday, December 14, 2017 - 14:20 Source

At one end is Westpac: November’s headline employment gain exceeded expectations by a significant margin but we would caution before interpret this as suggesting an acceleration in labour demand. As we highlighted in our preview, the weaker than expected October print associated with a falling participation suggested that sample volatility may have been behind the

The post Jobs takes: Curb your enthusiam appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 14:05 Source

China’s November data dump is out and carried no surprises with Industrial Production 6.1%, Fixed Asset Investment YTD 7.2% and Retail Sales YTD 10.3%: Under the hood, the all important property sector was mixed. Sales by floor area continue to slow YTD: Floor area under construction lifted a little to 3.1% YTD: And new housing starts

The post Chinese growth holds up well appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 13:50 Source

From The HIA: “Low wage growth and fewer home sales resulted in a slowing in renovations activity in 2017,” stated HIA’s Senior Economist, Shane Garrett. The projections are detailed in the December 2017 edition of the HIA Renovations Roundup report which is released today. The HIA Renovations Roundup is the most comprehensive regular review of

The post HIA: home renovation activity easing appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 13:26 Source

By Leith van Onselen As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for November, which registered a strong 61,600 increase in total employment but no change in the headline unemployment rate (still 5.4%). In trend terms, the unemployment rate fell marginally from 5.43% to 5.40% – the lowest

The post ABS employment in detail: Late cycle Botox boom rolls on appeared first on MacroBusiness.

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Inside Story Thursday, December 14, 2017 - 12:27 Source

One Nation voters in Queensland gave most of their preferences to the Liberal National Party in thirty-seven of the thirty-eight seats where the result came down to a shootout between the LNP and Labor, final election results show.

Preference counts by the Electoral Commission of Queensland decisively torpedo the theory repeatedly advanced by the Australian — without any evidence — that One Nation’s decision to preference against sitting members in most seats cost the LNP the election.

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MacroBusiness Thursday, December 14, 2017 - 12:15 Source

There’s nothing like a crapped out economy to drive shares higher: It would have been even better had jobs not printed so strong. Big Consumer is taking some MYR pain but not too bad: Big Iron is up: Pensioner killing is too: Big Gold is rebounding already: Big Sleazy if off on AUSTRAC: And Big

The post ASX nudges towards new highs appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 12:04 Source

By Leith van Onselen The ABS has released its Australian Demographic Statistics for the June quarter of 2017, which revealed that Australia’s population continues to grow strongly led by a surge in net overseas migration (NOM), mostly into Sydney and Melbourne, which have both seen record immigration flows. According to the ABS, Australia’s population rose

The post Insanity as immigration into Sydney and Melbourne hits record high appeared first on MacroBusiness.

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Inside Story Thursday, December 14, 2017 - 11:53 Source

Chris Masters’s new book about the army’s special forces in Afghanistan has attracted controversy for all the wrong reasons. Victoria Cross recipient Ben Roberts-Smith has taken offence at the account of a battlefield incident in which he was involved.

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