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.

Sticky: No
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! ]]

Sticky: No
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! ]]

Sticky: No
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! ]]

Sticky: No
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.

Sticky: No
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! ]]

Sticky: No
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! ]]

Sticky: No
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! ]]

Sticky: No
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…

Sticky: No
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! ]]

Sticky: No
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! ]]

Sticky: No
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! ]]

Sticky: No
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! ]]

Sticky: No
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.

Sticky: No
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.

Sticky: No

Pages