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George Monbiot Friday, September 24, 2021 - 17:30 Source

But if you want to keep getting email notifications about articles on this site, please could you re-enter your name and email address.

Google is shutting down the FeedBurner email service we currently use, and thanks to a tedious technical issue, we haven’t been able to export your email addresses to the new platform we’re using.

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Your Democracy Friday, September 24, 2021 - 17:14 Source

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France’s decision to call back its ambassadors from the US and Australia over the latter’s decision to cancel its deal with France and buy nuclear-powered submarines from the US has triggered a crisis in NATO. French Foreign Affairs Minister Jean-Yves Le Drian called the turn of events a stab in the back.

 

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MacroBusiness Friday, September 24, 2021 - 16:30 Source

Asian equities are mixed yet again following last night’s slew of central bank meetings, with Japanese stocks returning with a bang while Chinese bourses are struggling to put aside the recent dead cat bounce as the Evergrande situation is far from over. The USD remains relatively firm against most of the risk currencies although gold

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, September 24, 2021 - 16:25 Source

With that orange haired brute of a president supposedly ushered out of the White House with moralising delight, the Biden administration was all keen to turn over a new leaf. There would be more diplomacy, and still more diplomacy. There would be a more humanitarian approach to refugees and asylum seekers – forget, he claimed,…

The post Trumpism with a Biden Face: US Haitian Policy appeared first on The AIM Network.

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George Monbiot Friday, September 24, 2021 - 15:54 Source

How the counterculture fell prey to the far-right’s conspiracy theories.

By George Monbiot, published in the Guardian 22nd September 2021

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Renew Economy Friday, September 24, 2021 - 15:30 Source

We discuss Sun Cable expansion, Hornsdale's regulatory hit, and social licence for renewables and transmission lines with RE Alliance's Andrew Bray.

The post Energy Insiders Podcast: Sun Cable, Hornsdale, and social licence appeared first on RenewEconomy.

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Renew Economy Friday, September 24, 2021 - 14:58 Source

As state energy ministers met to discuss the future of the grid, records tumbled again with renewables reaching a share of 61.7 per cent.

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MacroBusiness Friday, September 24, 2021 - 14:30 Source

According to Cameron Kusher at realestate.com.au, property sales at or in excess of $1 million have surged so far in 2021 with even larger increases for properties prices at or above $3 million: We’re currently 38 weeks into 2021 and the number of preliminary sales so far this year is 48.8% higher than over the

The post Premium property sales are booming appeared first on MacroBusiness.

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Renew Economy Friday, September 24, 2021 - 14:22 Source

Regardless of whether Morrison and Joyce can come to a deal, the investors are already shifting trillions of dollars in preparation for net zero.

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Renew Economy Friday, September 24, 2021 - 14:10 Source

Renewable energy associated technologies like robots that crawl along turbine blades will drive the global robotics market to a value of $A1

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MacroBusiness Friday, September 24, 2021 - 14:00 Source

By Tim Lawless, Research Director at CoreLogic Freshly listed housing stock is starting to lift as the spring selling season begins to heat up. Every Australian capital city has seen a lift in the number of new real estate listings over recent weeks, with some of the largest listing increases recorded in those capitals navigating

The post Lift off for new listings as Spring selling season kicks off appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 13:30 Source

Monash University is the latest higher education institution to be embroiled in a wage theft scandal. Academic staff who are employed on a casual basis are owned some $8.6 million in backpay over a period of more than six years, and Ben Eltham from the National Tertiary Education Union (NTEU) warns that the final figure

The post Monash University joins the wage thieves appeared first on MacroBusiness.

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Renew Economy Friday, September 24, 2021 - 13:27 Source

The world’s largest floating offshore wind farm has begun producing and supplying power to the Scottish national grid.

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MacroBusiness Friday, September 24, 2021 - 13:00 Source

Callam Pickering, economist at global jobs site Indeed, has updated job postings data to 17 September 2021, which shows that job postings have rebounded: At 48.6% above their level on February 1 last year they are just 1.9% below their peak. Despite lockdown, the Australian economy is still creating a lot of job opportunities and

The post Despite lockdowns, Australia still creating lots of job opportunities appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 12:40 Source

The CEO of the nation’s biggest bank, CBA’s Matt Comyn, gave evidence yesterday to the House of Representatives Economics Standing Committee warning that Australia’s house price boom is unsustainable and calling for ‘modest’ moves to cool the market. The CBA has also lifted its benchmark floor rate to 5.25% from 5.10%, thus setting a borrowers’

The post CBA goes it alone on macro-prudential appeared first on MacroBusiness.

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Renew Economy Friday, September 24, 2021 - 12:27 Source

Andrew Forrest and Prime Minister Malcolm Turnbull at an event in Canberra.</body></html>

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MacroBusiness Friday, September 24, 2021 - 12:20 Source

Heterodox economist Professor Steve Keen has announced that he will run for the Senate in the upcoming federal election: . @BloombergAU covers my Senate candidacy for @The_NewLiberals @victorklineTNL. Vote #TNL to put citizens not politicians into Parliament, advised by experts not ideologues https://t.co/46tB4f0a6H — Steve Keen (@ProfSteveKeen) September 23, 2021 Details from Bloomberg: Keen will

The post Steve Keen announces Senate run appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 12:00 Source

I  noted earlier this week how China has officially sought to join the 11 member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into effect in late 2019. However, Australia has indicated that it will block China’s admission on the grounds that it has contravened existing agreements with trade strikes against Australian exports.

The post Australia flips the bird to China on TPP appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 11:30 Source

The Aussie bond market is on the move and it is sending some pretty whacky signals. The long-end is backing up fast: Following the US: While ignoring China which has flattened out but yields are still trending down: This has jackknifed the Aussie bond curve higher signalling an imminent boom in something. Either growth or

The post Aussie bond market prices for boom! appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 11:13 Source

NSW Health has recorded another 1043 locally acquired COVID cases and 11 deaths: NSW recorded 1,043 new locally acquired cases of COVID-19 in the 24 hours to 8pm last night. One new case was acquired overseas, and 18 previously reported cases have been excluded following further investigation. pic.twitter.com/gOLrGYJGWb — NSW Health (@NSWHealth) September 24, 2021

The post NSW records 1043 COVID cases, 11 deaths appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 11:00 Source

Finally, somebody in Labor has used their brain. Gareth Evans, a former foreign minister of Australia, is President Emeritus of the International Crisis Group, co-chairman of the International Commission on Nuclear Non-Proliferation and Disarmament, founding convener of the Asia-Pacific Leadership Network for Nuclear Non-Proliferation and Disarmament, and an honorary professor at Australian National University at

The post Gareth Evans nails AUKUS appeared first on MacroBusiness.

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Renew Economy Friday, September 24, 2021 - 10:55 Source

Pool prices are consistently below zero in the middle of the day, a strong signal for battery storage, and for coal generators to learn to dance.

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Renew Economy Friday, September 24, 2021 - 10:41 Source

ESB solutions appear driven by fear of the "dunkelflaute" - wind and solar droughts. But we need to think differently about the modern grid.

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MacroBusiness Friday, September 24, 2021 - 10:30 Source

Yesterday, the ABS released labour market data for the August quarter, which provides a good snapshot of how the jobs market has changed over the pandemic. Australia lost 146,600 jobs over the August quarter as NSW, Victoria and the ACT were plunged into lockdowns. These losses were driven by Accommodation & Food Services (-65,000), followed

The post How Australia’s job market has changed over COVID appeared first on MacroBusiness.

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Renew Economy Friday, September 24, 2021 - 10:07 Source

AGL gets planning approval for a 50MW battery at Broken Hill, but its fate may still depend on network and storage choices by Transgrid.

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MacroBusiness Friday, September 24, 2021 - 10:00 Source

Goldman with the note: Unprecedented regulatory tightening in the largest asset class globally Regulatory actions in China Internet have resulted in more than US$1tn market cap loss on the tech sector since mid-Feb, but in the past two weeks, investor focus has shifted to the US$60tn China property market which is linked to ~20% of

The post Goldman wakes in fright to $60tr China property monster appeared first on MacroBusiness.

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xkcd.com Friday, September 24, 2021 - 10:00 Source

"röntgen" and "rem" are 20th-century physics terms that mean "no trespassing."

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MacroBusiness Friday, September 24, 2021 - 09:30 Source

The ferrous complex flamed out on September 23, 2021 as spot iron ore firmed but paper markets fell overnight amid rises in just about everything else: In news, global steel output is now falling at a good clip: World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.8 million

The post Daily iron ore price update (global steel recession) appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 09:30 Source

Equity markets continue to bounce back as central backs continue to not surprise, following the Fed meeting we had the BOE and Swiss banks overnight still steady as she goes, leading to risk currencies rising across the board as the USD continued to fallback. Gold and silver remained under pressure however while Treasury bond yields

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Friday, September 24, 2021 - 09:25 Source

Victoria has recorded another 733 new locally acquired COVID cases and one death: Reported yesterday: 733 new local cases and 0 cases acquired overseas. – 41,029 vaccines administered – 56,520 test results received – Sadly, 1 person with COVID-19 has died More later: https://t.co/OCCFTAtS1P#COVID19Vic #COVID19VicData pic.twitter.com/hGe4LryS0q — VicGovDH (@VicGovDH) September 23, 2021 The next chart

The post Victoria records 733 COVID cases, one death appeared first on MacroBusiness.

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