Blogotariat

Oz Blog News Commentary
Renew Economy Wednesday, June 16, 2021 - 13:12 Source

An 80MW solar and battery project proposed for Victoria’s Gippsland region by group looking to establish an Australian Renewables Academy in Sale.

The post Solar and battery projects added to Gippsland’s bold renewables push appeared first on RenewEconomy.

Read more Views: 20
MacroBusiness Wednesday, June 16, 2021 - 13:00 Source

The Australian Bureau of Statistics (ABS) has released Overseas Arrivals and Departures data for April 2021, which confirmed that net migration into Australia remains negative. There were 23,290 net permanent & long-term departures in the 13 months since the beginning of the pandemic in March 2020, representing the first time that net arrivals have been

The post Net overseas migration stuck in negative appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
MacroBusiness Wednesday, June 16, 2021 - 12:40 Source

The contract to build Australia’s new submarine fleet is expected to be on the agenda when Prime Minister Scott Morrison holds talks with French President Emmanuel Macron in Paris. Independent senator Rex Patrick – who served 11 years as a navy submariner and worked in the defence industry for two decades – has called for

The post Rex Patrick: ‘It’s time to sink French sub deal’ appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
MacroBusiness Wednesday, June 16, 2021 - 12:20 Source

The introduction of the trans-Tasman travel bubble on 18 April 2021 has boosted international travel, according to new provisional travel statistics from the ABS. Arrivals of non-Australian citizens doubled in May to 71,060 from 35,210 in April: This was driven by a 32,000 increase in arrivals from New Zealand: In a similar vein, departures of

The post Trans-Tasman bubble boosts international travel appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
The Australian Independent Media Network Wednesday, June 16, 2021 - 12:00 Source

As many of my social media friends and Twitter followers know, I have written a book about the cause of media bias – explaining media inequality. The book is done so it’s time to find a publisher. To help with this journey, your sharing of this post would be appreciated. Thank you! The book is…

The post Explaining Media Inequality appeared first on The AIM Network.

Read more Views: 15
MacroBusiness Wednesday, June 16, 2021 - 12:00 Source

The Bear Traps report goes full inflation. The few missing facts include that it was Republicans that ravaged the US budget, no mention of China, no reference to vast deflationary forces. This is Australian extremism not analysis. Ironically, this contrarian is a great contrarian signal. Sell metals! In 1787, with remarkable foresight, Scottish historian Alexander

The post Another sell commodities signal appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15
MacroBusiness Wednesday, June 16, 2021 - 11:40 Source

By Gareth Aird, head of Australian economics at CBA Key Points The ABS monthly labour force survey excludes overseas residents in Australia and therefore the survey has not accurately captured the impact of the international border closure on the labour market. The ABS quarterly labour account includes all people who contribute to Australian economic activity

The post CBA: “Labour market tightening…wage growth forthcoming” appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Wednesday, June 16, 2021 - 11:20 Source

ANZ-Roy Morgan Australian Consumer Confidence increased 0.3% last week as Melbourne’s 2-week lockdown came to an end, although restrictions such as masks in public places and on travel and gatherings remain. #ausecon #ausretail @arindam_chky @DavidPlank12 @roymorganonline pic.twitter.com/BgIde4If0X — ANZ_Research (@ANZ_Research) June 15, 2021

The post Consumer economic confidence ebbing away appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15
The Australian Independent Media Network Wednesday, June 16, 2021 - 11:00 Source

By Kathryn   If Australians are stupid enough to buy a stinking, Z-rated Murdoch rag that will permanently pollute their minds, muddy the waters with misinformation and blatantly support the worst, most corrupt, inept, non-achieving and dangerously undemocratic government in living memory, then they will – most definitely – deserve the appalling, rigidly conservative, Neanderthal miscreants…

The post Being woeful gets the thumbs up! appeared first on The AIM Network.

Read more Views: 23
MacroBusiness Wednesday, June 16, 2021 - 11:00 Source

SQM Research has released its rental vacancy report for May, which reports a national rental vacancy rate of only 1.8% – the lowest level of vacancies since October 2012. Rental vacancies are zipped tight everywhere except Melbourne and Sydney, which have been hit hardest by the loss of international students, as illustrated clearly in the

The post Australia’s rental market tightest since 2012 appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
MacroBusiness Wednesday, June 16, 2021 - 10:49 Source

Westpac with the note: • The six-month annualised growth rate in the WestpacMelbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, eased from 2.86% in April to 1.47% in May. The growth rate in the Leading Index has normalised significantly over the

The post Boom over. Leading index crashes back to earth appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 19
MacroBusiness Wednesday, June 16, 2021 - 10:40 Source

The OECD has blamed Australia’s restrictive planning and zoning for driving the fourth sharpest property price increase in the developed world over the past 20 years: Paris-based OECD director of policy studies in the economics department, Luiz de Mello, said low interest rates had contributed to rising house prices. But restrictive regulations were also a

The post OECD blames restrictive planning and zoning for expensive housing appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
MacroBusiness Wednesday, June 16, 2021 - 10:20 Source

As expected, China continues its systemic push towards tighter credit and economic restructuring away from construction. This time it’s wealth management products, an old favourite for developers to raise cash: Highly rated WMP will be prevented from buying junk debt from developers. This addresses the underlying duration mismatch. $400bn in junk debt will need to

The post Chinese construction sector crashes appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
MacroBusiness Wednesday, June 16, 2021 - 10:00 Source

In March the federal government released a 327-page report from the National Agricultural Labour Advisory Committee, which explicitly admitted that the agricultural industry’s overreliance on cheap migrant labour is bad for productivity and unsustainable: Australia’s main competitors in agriculture are either ahead or running very close. In many ways, Australia is at a crossroads. Either its

The post Morrison to green-light dedicated farm slavery visa appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 19
xkcd.com Wednesday, June 16, 2021 - 10:00 Source

Stay right there, we'll be back in a minute. We've just gotta brainstorm some new wonders. Have you all figured out gears yet? Yes? Crap.

Read more Views: 0
MacroBusiness Wednesday, June 16, 2021 - 09:30 Source

The ferrous complex held on June 15, 2021 as many other commodities rolled into the big plunge. Spot was stable, paper up a bit, steel down: Steel was actually down yesterday but I didn’t have prices for a few days. The news is another accident, this time in China where more supply has come off

The post Daily iron ore price update (another accident) appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
MacroBusiness Wednesday, June 16, 2021 - 09:00 Source

Forex last night was a reflection of weakening US data, fading inflation and diving commodities. DXY was firm as was EUR: Australian dollar was hit on all major DM crosses: Oil is to the moon on strong US inventory draws. Gold is caput: Base metals were hammered: Big miners too: EMs stocks were hit: Junk

The post Australian dollar rolls as commodities bubble meets pin appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 24
MacroBusiness Wednesday, June 16, 2021 - 08:30 Source

Mixed economic news overnight from the US saw Wall Street wobble and turn away from yet another record session high with the latest retail sales much weaker than expected. Currency markets were mixed although Pound Sterling and Aussie dollar fell back against USD while Euro was contained yet again. Bond markets saw a slight increase

The post Macro Morning appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 22
Renew Economy Wednesday, June 16, 2021 - 07:27 Source

A new report finds some yawning gaps between the deployment of renewables and what's needed to meet climate targets.

Read more Views: 21
Renew Economy Wednesday, June 16, 2021 - 07:24 Source

Nishi Building ARENA board appointment offices - optimisedAustralia's funding for climate research has shrunk to nearly nothing since LNP took power. Now its directing what little is left to fossils, and it's a sad moment for ARENA.

Read more Views: 16
Your Democracy Wednesday, June 16, 2021 - 06:48 Source

kidskids

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

George Galloway: After Biden’s addled appearance at the G7, we can only hope he’s never left alone with the nuclear codes...

 

read more

Read more Views: 15
The Australian Independent Media Network Wednesday, June 16, 2021 - 06:00 Source

I’m inclined to believe that the next election is more likely to be about Morrison than Albanese. If that seems odd to you, then stay with me. In the most recent US Presidential Election, Senator Biden used a low-key strategy focused not on himself but President Trump’s record, policies, actions, offensiveness, and lying.   In…

The post What’s it all about, Albo? Morrison or you? appeared first on The AIM Network.

Read more Views: 27
MacroBusiness Wednesday, June 16, 2021 - 00:05 Source

Labor knows well the power of mining. The Rudd Government was rolled when it tried to tax it. Now Labor is seeking to mobilise the same power to its own service, and that of Beijing. A few weeks ago, the leader of the opposition, Anthony Albanese blew a loud dog whistle to Australian mining. Actually,

The post Reckless Labor stokes mining civil war to unseat Morrison appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 41
MacroBusiness Wednesday, June 16, 2021 - 00:04 Source

The ABS yesterday released its property price data for the March quarter, which valued Australia’s dwelling stock owned by households at $7.9 trillion, whereas the total housing stock was valued at $8.3 trillion. As shown below, the ratio of the dwelling stock owned by households against Australian GDP hit a record 4.0 times as at

The post Aussie housing values now four-times larger than economy appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 34
MacroBusiness Wednesday, June 16, 2021 - 00:01 Source

Global Macro / Markets / Investing: Uneven vaccination rates are creating a new economic divide – The Economist The socio-economic consequences of COVID-19 in the Middle East and North Africa – Bruegel Walton Family, World’s Richest, Raises $2.1 Billion From Walmart Holdings – Yahoo Winners and Losers of the Work-From-Home Revolution – The Atlantic Wall

The post Links 16 June 2021 appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 30
Cheeseburger Gothic Tuesday, June 15, 2021 - 18:14 Source

It’s not my script. As is my won’t I simply sold off the rights. In this case to Luke Sparke who made an alien invasion movie I rather enjoyed. Luke’s written and rewritten a pilot episode for a TV series, and I got in and messed around with it a bit before multiple book deadlines and then this asthma bullshit took up all my time.

There is some pretty good concept art, but it’s to mine to share. Next time I speak to Luke I’ll see if he’ll let a couple of images out of the locked box.

Read more Views: 36
Club Troppo Tuesday, June 15, 2021 - 17:32 Source

A few weeks back I was rather taken aback to receive an email which I took to be a hoax:

Hi Nicholas

Read more Views: 41
Renew Economy Tuesday, June 15, 2021 - 16:52 Source

Macquarie concludes $140 million debt deal for solar tower and parabolic trough portfolio in Spain.

The post Macquarie invests $140m in Spanish solar tower and parabolic trough projects appeared first on RenewEconomy.

Read more Views: 35
MacroBusiness Tuesday, June 15, 2021 - 16:30 Source

Asian share markets have diverged with Chinese bourses (except the satellite ASX200) dropping while Japanese stocks are helped along by a much lower Yen as USD continues to strengthen against the major currencies. Gold is struggling after selling off overnight and is barely moving at the $1866USD per ounce level with traders of all sorts

The post Macro Afternoon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 29
The Australian Independent Media Network Tuesday, June 15, 2021 - 15:44 Source

By TBS Newsbot   This morning, the Minister for Immigration announced that the family from Biloela will reside in Australia. The reality is quite different. This morning, we suddenly had the whiff of change, as the Minister for Immigration Alex Hawke proclaimed that the Murugappan family from Biloela will be released from Christmas Island and be…

The post The family from Biloela will trade one cage for another appeared first on The AIM Network.

Read more Views: 26

Pages