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Renew Economy Friday, July 10, 2020 - 12:20 Source

European Union must reach 100 per cent renewables by 2040 if it is to achieve climate neutrality by middle of the century, a new report has found.

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Renew Economy Friday, July 10, 2020 - 12:18 Source

NSW calls for 8GW of wind, solar and storage, as it prepares for the biggest and most rapid transition from coal to renewables in the country.

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MacroBusiness Friday, July 10, 2020 - 12:00 Source

Over recent weeks, we have witnessed incessant lobbying from universities over funding, whereby they have demanded a return to the Gillard Government’s failed demand-driven system: Universities face turning away hundreds of thousands of students next year as applications to study surge but available places remain fixed… Professor of education policy at Melbourne University Frank Larkins

The post TAFE: the forgotten victim in higher education war appeared first on MacroBusiness.

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MacroBusiness Friday, July 10, 2020 - 11:40 Source

Rio is asking for bailouts as power prices are too high to make Aluminium, the price of which has fallen: The Australian Aluminium Council (AAC), whose members include Rio and US aluminium giant Alcoa, said energy costs had to come down for smelters to survive… It is understood the Coalition government and Rio have been

The post Gas cartel threatens another industry appeared first on MacroBusiness.

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MacroBusiness Friday, July 10, 2020 - 11:20 Source

CoreLogic’s research director, Tim Lawless, expects Melbourne’s housing market to be “significantly disrupted” from the six week lockdown: Over the previous lockdown period, which was in place between late March and mid-May, housing market activity was significantly disrupted. The previous lockdown period saw real estate agent activity across Victoria slump by almost 70% before gradually

The post Melbourne’s property market is in trouble appeared first on MacroBusiness.

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MacroBusiness Friday, July 10, 2020 - 11:00 Source

by Chris Becker There was an unusual blip in the amount of Americans who died from COVID-19 reported on Tuesday, that could have been written off (as sick as that sounds) as the usual weekend anomaly, whereby deaths over the weekend – in this case a 3 day weekend due to 4th of July holiday

The post Here comes the second wave of US COVID-19 deaths appeared first on MacroBusiness.

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MacroBusiness Friday, July 10, 2020 - 10:40 Source

Drew Pavlou has taken the fight directly to the University of Queensland’s (UQ) top brass, with his lawyer referring them to Queensland’s Crime and Corruption Commission: The University of Queensland’s two highest-ranking executives have been referred for investigation over claims of corruption and failure to disclose foreign influence by lawyers representing embattled student activist Drew

The post UQ executives referred to Crime and Corruption Commission appeared first on MacroBusiness.

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MacroBusiness Friday, July 10, 2020 - 10:40 Source

From Seek: Key insights (weeks 26 & 27 compared to February 2020): SEEK job ads in the last fortnight are at 66.6% of pre-COVID levels Job ad volumes have levelled out nationally with a slight increase of 1.3% in the last two weeks compared to the previous two weeks Job ads in Victoria have declined

The post SEEK: Job ads recover to two-thirds of pre-COVID levels appeared first on MacroBusiness.

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MacroBusiness Friday, July 10, 2020 - 10:20 Source

Paul Keating is at it again, attacking those calling for a freeze in the compulsory superannuation guarantee (SG) at the current rate of 9.5%: The argument that is now being put, erroneously, is that in a period of static real wage growth, any upward shift in the Superannuation Guarantee will cost workers immediate disposable income.

The post Paul Keating is a superannuation liar appeared first on MacroBusiness.

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MacroBusiness Friday, July 10, 2020 - 10:00 Source

The latest private sector credit data from the Reserve Bank of Australia revealed that the stock of personal credit, which was already in terminal decline, collapsed by 10.2% in the year to May – the biggest plunge in recorded history: As shown above, this decline in personal credit growth easily exceeds the troughs of the

The post The Australian consumer is drowning appeared first on MacroBusiness.

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xkcd.com Friday, July 10, 2020 - 10:00 Source

The worst is being teased by responsible, mask-wearing teens. They even spritz the hamster ball with disinfectant before rolling it, carefully avoiding the filter vents.

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MacroBusiness Friday, July 10, 2020 - 09:40 Source

The latest NAB survey of property professionals reveals a rather pessimistic industry, with sentiment collapsing both in the short and medium-term: With Victoria most negatively impacted: House price expectations have also tanked, with falls predicted over the next two years, with Victoria leading the declines: The below charts give the longer-term context: Rents are also

The post Property insiders: Prices and rents to plunge appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, July 10, 2020 - 09:40 Source

Foreword: Australia has endless flaws and whilst I’m not going to paint a picture that Australia is not in many but different ways just as troubled, in just as much danger from government corruption and just as racist towards non-whites, that’s a topic for another day.  I’ve never been to America, but I can tell…

The post I’ve never been to America appeared first on The AIM Network.

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Your Democracy Friday, July 10, 2020 - 09:16 Source

election choice...

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John Quiggin Friday, July 10, 2020 - 09:13 Source

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.

To be clear, the sandpit is for regular commenters to pursue points that distract from regular discussion, including conspiracy-theoretic takes on the issues at hand. It’s not meant as a forum for visiting conspiracy theorists, or trolls posing as such.

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