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MacroBusiness Friday, April 13, 2018 - 13:17 Source

Via a panicky Domainfax and following this week’s WBC tightening: Tom Crowley, National Australia Bank’s acting general manager of home lending, said the bank was collecting “granular” details of a customer’s expenses, and it was keen to work with regulators and other lenders to improve their assessments of borrowers’ finances. …Managing director of mortgage broker Homeloanexperts.com.au,

The post Mortgage standards panic seeps into MSM appeared first on MacroBusiness.

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Renew Economy Friday, April 13, 2018 - 13:02 Source

Sweden trials road-embedded EV charging technology, a solution it believes could solve problems of EV cost and range anxiety.

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MacroBusiness Friday, April 13, 2018 - 13:00 Source

From the RBA’s new Financial Stability Review comes a look at interest-only loans: Interest-only (IO) loans account for a sizeable and growing share of total housing credit in Australia, now representing around 23 per cent of owner-occupier lending and 64 per cent of investor lending (Graph B1). IO lending has the potential to increase households’

The post RBA: Interest-only boom illegal appeared first on MacroBusiness.

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Renew Economy Friday, April 13, 2018 - 12:56 Source

The dramatically dropping costs of offshore wind have sparked an explosion interest in renewables in the US.

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Renew Economy Friday, April 13, 2018 - 12:56 Source

The dramatically dropping costs of offshore wind have sparked an explosion interest in renewables in the US.

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Renew Economy Friday, April 13, 2018 - 12:50 Source

BHP axes membership with global coal lobby group, citing “material difference” over its climate advocacy. But is this hypocrisy?

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Renew Economy Friday, April 13, 2018 - 12:44 Source

Acciona wins contract to develop, finance, construct and operate $500m 300MW Aldoga solar farm in Gladstone, one of Queensland's coal centres.

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Renew Economy Friday, April 13, 2018 - 12:37 Source

It’s been over a year since we “flicked the switch” at Stucco. Has it lived up to our dreams of slashed power bills and grid dependence?

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The Australian Independent Media Network Friday, April 13, 2018 - 12:30 Source

By John Töns The Facebook ‘scandal’ regarding the use or abuse of private data has dominated news headlines for the past few weeks, yet there really is nothing new here. We have been – or should have been – aware that the various ‘free’ services offered do use our data to pay for that service. How…

The post Rawls faces off Facebook appeared first on The AIM Network.

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politicalowl Friday, April 13, 2018 - 12:19 Source

The people who put up their money on such things don't appear too worried about the latest round of Donald Trump horror stories.

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The Tally Room Friday, April 13, 2018 - 11:57 Source

12:30pm – That’s all I’ll be posting today. I’ll be back on the weekend with an updated pendulum, and will be putting together the map in coming days.

12:26pm – On a primary vote basis in Mayo, the Liberal Party has dropped 1.1%, NXT has dropped 1.9%, and Labor has jumped by 3.1%, thanks to inclusion of Boothby and Kingston, which were seats where Labor competed much more strongly.

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Poll Bludger Friday, April 13, 2018 - 11:56 Source

Port Adelaide nominated for the chop in draft federal boundaries for South Australia, which bring the state down from 11 seats to 10.

The post South Australian draft federal redistribution appeared first on The Poll Bludger.

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MacroBusiness Friday, April 13, 2018 - 11:55 Source

Via The West: Mt Gibson Iron boss Jim Beyer says the wide price spread across ore with varying iron ore grades is here to stay. Speaking after the miner released its March quarter report, Mr Beyer said while there would be “pinching and swelling” based on seasonal demand and short-term, city-specific policy changes in China,

The post Mt Gibson: Iron ore grade discounts structural appeared first on MacroBusiness.

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politicalowl Friday, April 13, 2018 - 11:49 Source

Thanks Barrie. As I warned yesterday:

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MacroBusiness Friday, April 13, 2018 - 11:30 Source

Via Moody’s: Profits Growth Curbs Defaults First quarter 2018’s earnings season has arrived. Though the annual increase of corporate revenues is expected to slow from its pace of 2017’s final quarter, operating income is expected to quicken. Tax cuts and the containment of labor costs help to explain the expected improvement in operating leverage, or

The post US profits have room to boom appeared first on MacroBusiness.

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Renew Economy Friday, April 13, 2018 - 11:00 Source

Any buyer of the ageing Liddell coal fired power generator needs to take account of the significant safety risks to workers of ageing, failing equipment.

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MacroBusiness Friday, April 13, 2018 - 11:00 Source

Via The Conversation: Precarious employment is increasing over time, and it still remains higher for women than men in Australia. But over the last nine years it has increased far more rapidly among men. This is despite greater workforce participation and lower unemployment rates in Australia’s labour market. The quality of jobs in Australia has

The post Precarious employment booms appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 11:00 Source

By Leith van Onselen Back in 2016, ACCC head Rod Sims flipped from being a long-time supporter of privatisation to opposing further asset sales because they are gouging end-users and “severely damaging the economy”: [Sims] said he was now “almost at the point of opposing privatisation” because state and federal governments were becoming increasingly blatant about

The post Another dud privatisation screws Sydney residents appeared first on MacroBusiness.

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Renew Economy Friday, April 13, 2018 - 10:51 Source

There's good reason why Tesla founder and boss Elon Musk is back to sleeping on the company's giga-factory floor and directly supervising production.

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Inside Story Friday, April 13, 2018 - 10:51 Source

Is there any basis to all this base talk? On the Australian side, everyone from the prime minister down expresses “great concern” about a Chinese military installation in Vanuatu.

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Renew Economy Friday, April 13, 2018 - 10:48 Source

Tesla’s production figures for the first quarter 2018 provide some cause for optimism. Could the company be building one million EVs a year by 2022?

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Renew Economy Friday, April 13, 2018 - 10:48 Source

Tesla’s production figures for the first quarter 2018 provide some cause for optimism. Could the company be building one million EVs a year by 2022?

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MacroBusiness Friday, April 13, 2018 - 10:30 Source

By Leith van Onselen Regular MB readers would be well aware of the mass immigration propaganda flowing from the Australian National University (ANU) via Dr Liz Allen and Professor Peter McDonald. Now another ANU immigration spruiker, Professor Glenn Withers, has entered the fray claiming that Australia risks “big economic losses” if it dares to lower immigration

The post Enter another crazed ANU immigration booster appeared first on MacroBusiness.

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Renew Economy Friday, April 13, 2018 - 10:08 Source

SolarEdge’s Inverter with HD-Wave Technology Recognized Innovation in the Renewable Energy Category.

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MacroBusiness Friday, April 13, 2018 - 10:00 Source

CoreLogic’s Cameron Kusher has produced new research showing that values in the most expensive 25% of the property market are falling the fastest, whereas values for the most affordable 25% have actually risen in value: Over the March 2018 quarter, national data shows that dwelling values were down by 0.5%, however digging below the surface

The post Expensive Aussie home values falling fastest appeared first on MacroBusiness.

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xkcd.com Friday, April 13, 2018 - 10:00 Source

I take it Narnia doesn't have Cinnabons? Because if you can magic up a plate of those, I'll betray whoever.

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Renew Economy Friday, April 13, 2018 - 09:46 Source

Battery storage uptake by Australian households is starting to take off. But is it a financial no-brainer? New analysis from SunWiz says ... it's complicated. If you care about return on investment, there's some things you should know.

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MacroBusiness Friday, April 13, 2018 - 09:45 Source

Via the AFR: Cricket Australia is poised to sign a $1 billon plus broadcast deal with Foxtel and Seven West Media, beating out incumbent partners Network Ten and Nine Entertainment. The landmark decision from Cricket Australia to put a huge chunk of its sport behind a paywall will see limited-overs international matches, both 50 over

The post Revolution? Cricket heads behind the paywall appeared first on MacroBusiness.

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Renew Economy Friday, April 13, 2018 - 09:40 Source

Sonnen selected to provide 270 residential batteries for Melbourne property development, to cut household power bills by 60% and possibly help power a community water recycling plant.

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Renew Economy Friday, April 13, 2018 - 09:34 Source

Survey finds 62% of businesses plan to invest in battery storage in next 18 months. But can governments and regulators keep up?

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