Blogotariat

Oz Blog News Commentary
THE BLOT REPORT Monday, March 1, 2021 - 14:34 Source

The appalling Senator Sarah Henderson was installed by the government to fill a casual vacancy in the Senate after she lost her seat of Corangamite at the 2019 federal election1. Henderson has forwarded an e-mailed allegation that a sitting Labor member of parliament raped a woman. She said “In immediately referring this matter to the AFP, I have followed the procedures set out by Commissioner Kershaw in his letter of 24 February 2021.”2

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MacroBusiness Monday, March 1, 2021 - 14:20 Source

Via News: Australian National University academics Natasha Kassam and Darren Lim have peered into a metaphorical crystal ball to map out Australia’s likely future under a new world order. It’s a world where the United States comes a distant second in the superpower stakes. China’s economy is triple its size. Its military is vastly superior

The post Imagining a world dominated by China appeared first on MacroBusiness.

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MacroBusiness Monday, March 1, 2021 - 14:03 Source

Via ANZ: ANZ Australian Job Ads growth accelerated to 7.2% m/m in Feb, despite five-day lockdowns in WA and Vic. #JobAds is now 13.4% above its pre-pandemic level, equivalent to an additional 20,500 jobs being advertised on average per month. #ausecon @cfbirch pic.twitter.com/hhQDelIiAc — ANZ_Research (@ANZ_Research) March 1, 2021

The post ANZ job ads still booming appeared first on MacroBusiness.

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MacroBusiness Monday, March 1, 2021 - 14:00 Source

Imran Kahn, Javed Miandad, Wasin the Wrecker, the Rawalpindi Express. Australians are used to looking to Pakistan for fine cricketers and tearaway pace bowlers. What we are not used to is Pakistan showing us the way on how to manage commodities. Yet that is exactly what Australia’s relentlessly gouged large-scale gas consumers need to do

The post Pakistan shows Australian gas consumers the way appeared first on MacroBusiness.

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MacroBusiness Monday, March 1, 2021 - 13:59 Source

A fash note from Kieran Davies at Coolabah Capital: After defending its 3-year bond yield target last week, this morning the RBA doubled its QE purchases of Commonwealth bonds.  In the current QE programme, the RBA buys Commonwealth bonds twice a week and semi-government bonds once a week. The Commonwealth auctions are normally $2bn apiece,

The post 800-pound RBA gorilla doubles QE pace appeared first on MacroBusiness.

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Renew Economy Monday, March 1, 2021 - 13:41 Source

LONGi has officially launched its new 66C type Hi-MO 4 monofacial PV module (Hi-MO 4m) for the global distributed generation (DG) market.

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Renew Economy Monday, March 1, 2021 - 13:41 Source

kyoto COP25 Madrid climate talks kyoto carryover angus taylor - optimisedUN review of emissions targets finds countries "nowhere near" on track to keep global warming to safe levels, and countries like Australia must do much more.

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MacroBusiness Monday, March 1, 2021 - 13:40 Source

A month is certainly a long-time in the age of COVID. In late-January, New Zealand was ranked as the world’s best COVID manager by think tank, the Lowy Institute, beating out Vietnam (2nd), Taiwan (3rd), Thailand (4th) and Cyprus (5th). Australia was ranked 8th best COVID manager in the world. New Zealand’s performance since then

The post Is New Zealand still the world’s best COVID manager? appeared first on MacroBusiness.

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MacroBusiness Monday, March 1, 2021 - 13:20 Source

CoreLogic has released its full dwelling values results for February, which confirmed that a synchronised boom has developed with every capital city market and Australia’s regions reporting strong price inflation. The results are summarised in the table below: The 2.1% price growth nationally was the strongest month-on-month increase since August 2003: According to CoreLogic’s research

The post We are witnessing a replay of the post-GFC housing boom appeared first on MacroBusiness.

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MacroBusiness Monday, March 1, 2021 - 13:00 Source

As property prices turn nuclear, hoocoodanode that Labor would backflip on negative gearing reform? It’s not like we don’t need it. Nor that the timing isn’t terrific. Indeed, given Labor took the reform to the last election as property prices crashed out of the Hayne Royal Commission, it looks decidedly and stupidly pro-cyclical abandoning the

The post Pro-cyclical Labor bins negative gearing reform appeared first on MacroBusiness.

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New Politics Monday, March 1, 2021 - 12:57 Source

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MacroBusiness Monday, March 1, 2021 - 12:40 Source

Suncorp Group chair Christine McLoughlin has called on the federal government to expedite the opening of Australia’s international border. She claims that businesses are suffering from the ban on international visitors, such as international students, migrant workers and tourists. She also claims that the economy will suffer from having a smaller, older population: “We’ve got

The post Immigration collapse is no ageing disaster appeared first on MacroBusiness.

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MacroBusiness Monday, March 1, 2021 - 12:20 Source

CoreLogic has released its preliminary auction results for the weekend, with the preliminary clearance rate again coming in above 80%, with almost every market showing strength. The national preliminary clearance rate was 81.9%, up from a final clearance rate of 73.9% in the same weekend last year. Australia’s second biggest auction market, Sydney, again led

The post Auction market locked firmly in red zone appeared first on MacroBusiness.

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MacroBusiness Monday, March 1, 2021 - 12:00 Source

One can view Australia’s economic relationship with China as evolving in two distinct phases. The first phase transpired from 2003 to 2011 and focused mostly on commodity exports. The second phase began as the first went bust and activity shifted to services exports, people flows and investment. With that second wave came unwanted influences such

The post See ya, don’t wanna be ya. Chinese FDI crashes, barley exports boom appeared first on MacroBusiness.

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The Tally Room Monday, March 1, 2021 - 11:55 Source

By now we all know to expect a landslide victory for WA Labor in this month’s state election. The polls predict it, and even the Liberal leader has acknowledged it.

But I want to put what might happen in context by looking at what happened in 2017, which seats flipped, and how that compared to previous elections.

There hasn’t been a single election since 1980 which has seen a swing anywhere near as big as we saw in Western Australia in 2017.

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