Blogotariat

By Ad astra Australians were justifiably shocked, appalled and embarrassed by the ball tampering our test cricketers attempted last month in South Africa. Somehow, better was expected of them. After all, they were playing the gentlemen’s game – cricket – where any cheating was simply ‘not cricket’. Why then are we not even more disgusted…

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New survey reveals energy efficiency enjoys extremely high levels of public support. But that's not why we should be embracing it.

By Leith van Onselen Last week, I questioned the efficacy of the announced $10 billion rail link connecting Melbourne airport to the CBD, noting that: the cost of a rail ticket is likely to be exorbitant, since Melbourne Airport’s private operators are likely to impose significant rental charges on any railway station that is built on

The post Melbourne airport rail link another costly waste appeared first on MacroBusiness.

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Just in case you thought China had the upper hand in the trade wars owing to US politics. I’ve circled the resignation of Gary Cohn and the launch of the China trade war: Certainly not a vote loser if not yet a clear winner: Just hit 50% in the Rasmussen Poll, much higher than President

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

By Leith van Onselen The Australian Automobile Association (AAA) has warned that the amount of revenue that the federal government collects from fuel excise is at risk to the tune of $20 billion because of a growing switch to electric and high-efficiency vehicles, and has urged an inquiry into the adoption of road-user pricing. From

The post New push to replace fuel excise with direct road charges appeared first on MacroBusiness.

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Via CoreLogic comes the leading mortgage index which remains down solidly year on year, but has shown a trend seasonal rise off the canvas: Total capital city for-sale listings are still higher year-on-year, led by Sydney: Whereas dwelling values continue to trend lower:

The post CoreLogic housing indicators still soft appeared first on MacroBusiness.

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NSW has raised $38 billion from energy asset sales, yet has reinvested not a single dollar - despite facing the fat that most of its coal fired power stations will close in the next 14 years.

By Leith van Onselen Australia’s speculator frenzy has continued to moderate, according to today’s Lending Finance data for February, released by the ABS. As shown below, the annual value of investor loans in New South Wales (read Sydney) continues to fall, whereas Victoria (read Melbourne) has also moderated. By contrast, investor loans in the other major

The post Investors continue to retreat from Sydney’s housing bubble appeared first on MacroBusiness.

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Via Gavyn Davies at the FT: Up to now, there has been no compelling fundamental narrative that would account for the eurozone slowdown. But there are two possible candidates. The first is that the effects of the ECBs belated shift to quantitative easing in January 2015 have now started to wane. Although this policy change

The post Watch Europe for the next leg lower in the Australian dollar appeared first on MacroBusiness.

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The deployment of renewables and electric vehicles is expected to skyrocket as the world strives to reduce greenhouse gas emissions.

Australian manufacturing has been put out of business by two irresistible forces. The first is the power of the mining lobby and the second the power of the banking lobby. These two between them have scuttled, shaped, bullied and destroyed the Australian polity to their own ends so successfully that Australia now has the most

The post Aussie manufacturing has died of stupid appeared first on MacroBusiness.

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Coalition refuses to budge on emissions targets for NEG, despite considerable shift on technical details of emissions and reliability obligations from Energy Security Board.