Easter Chartfest 20 April, 2019

  Australia   Electricity Spot Prices 16 April, 2019   How much do Australians earn   Average kilometres travelled by State    Capacity utilisation & underemployment   Thermal Coal Exports   Australian Commodity Exports   Australian Pay Outcomes – Federal Enterprise Agreements   Australian Household Consumption – Discretionary & Essential   Australian Iron Ore Exports  


Macro Morning

By Chris Becker  Another mixed session on stocks overnight with European bourses advancing again while Wall Street stalled due to a drop in health care stocks from the “Mediscare for all” and a slump in oil prices. The USD firmed slightly against the undollars, particularly gold which made another new daily low while CPI prints


Weekend Links, 30-31 March, 2019

The great rock: dusk, Lloyd Rees, 1977, Art Gallery of NSW     Macro, Markets & Investing U.S., China resume trade talks in Beijing after ‘productive working dinner’ – Reuters US economic adviser hints at partial lifting of China tariffs – Nikkei Asian Review Brazil’s Vale slashes iron ore sales estimate after dam burst –


On Christchurch

Below find a useful wrap of Christchurch related material from Crikey: SHOOTER EMAILED ‘MANIFESTO’ New Zealand Prime Minister Jacinda Ardern has confirmed her office was one of more than 30 to receive a so-called “manifesto” from the accused Christchurch terrorist just minutes before Friday’s mosque attacks. The ABC reports that Ardern will today meet with New Zealand cabinet


MacroBusiness Chartfest 9-10 March, 2019

      Australia & New Zealand       Australia – Average Ages, Selected Jobs       Australia – Job Security       ANZ Job Advertisements       Australia – Federal Budget Cash Balance       Australia – Public Demand & GDP       Australia – Capex       Australia


Macro Morning

By Chris Becker  It was all about the USD overnight with the release of 4Q GDP figures and the latest CPI print from Europe, with the former sending Treasury yields higher and the latter jostling Euro around but giving European stocks a reprieve from impending recession fears sending them higher. Looking first at the action


Chartfest 23-24 February 2019

  AUSTRALIA   5 Eyes Part Time Employment   Australia CPI Housing Wealth and Consumption Residential Rents NSW & Vic, wages & unemployment   Australian coal export destinations   Australian Commodity Exports   Australian House Prices   Australian Housing Finance   Australian Renewable Energy   Australian Services & Manufacturing   Australian Short Term Arrivals  


Weekend Links, 16-17 February 2019

Willunga Landscape, Horace Trenerry, 1947, Art Gallery of NSW   Macro & Markets Hedge Funds Play Tug-of-War With the Volatile Australian Dollar – Bloomberg One Weird Trick for Avoiding Bad Chinese Bonds – Bloomberg Brazilian mine tragedy will not be the last tailings dam disaster – Reuters, Home China’s coal imports surge, but prices tell


Weekend Links 2-3 February, 2019

Jitterbugs, 1945, Weaver Hawkins, Art Gallery of NSW   Markets Macro & Investing The Sorry State of the World Economy – Project-Syndicate, Basu Trump hails China trade talks progress and says he will meet Xi Jinping soon – Guardian China says Washington trade talks were ‘frank’ and made ‘important progress’ – SCMP Donald Trump hails


Population ponzi destroys pandemic defence

It’s the economic model that keeps on giving, via Domain: Concentration of our populations in major cities and increased international air travel are creating conditions ripe for pandemics to spread faster and infect more people, according to new research from the University of Sydney. …“You have airports getting a lot more traffic – in Adelaide,


Weekend Links 19-20 January, 2019

Short man with two dogs, Linda Marrinon, 1990, Art Gallery of NSW   Americas Trump Pulls U.S. Delegation Out of Davos Forum, Citing Shutdown – Bloomberg Shutdown clouds outlook for consumer-driven U.S. economic growth – Reuters Chinese ambassador Lu Shaye warns ‘back-stabbing’ Canada to stop rallying allies in row over detainees – SCMP Trump Vows


MacroBusiness Chartfest, 1 January 2019

      Australia & New Zealand   New Zealand Terms of Trade and Chinese exports       New Zealand Production GDP Per Capita & Nominal GDP       New Zealand – Migration       Australia – Net Government Debt       Australia – Budget Balance       Australia –


New Years Links, 1 January 2019

Sunset in a Subduction Zone, James Gleeson, 1986, Art Gallery of NSW   Macro & Markets Trump Hails ‘Big Progress’ Towards China Trade Deal – Bloomberg El-Erian, Like Trump, Says Fed Would Benefit From ‘Better Feel’ – Bloomberg Chinese and US tech giants face growing political risks – Nikkei Asian Review Life Is Getting Harder


Links 28 December 2018

The Wasteland II, Jeffrey Smart, 1945, Art Gallery of NSW   Macro & Markets Not just China: why the global economy needs Beijing’s stimulus measures to boost growth – SCMP China says has made plans with U.S. for face-to-face trade meeting in January – Reuters This is not a time for investors to think long


Boxing Day Links December 26, 2018

Heat Haze, Dorrit Black, 1919, Art Gallery of NSW   Macro & Markets Oil plunges 6 percent as economic slowdown fears grip market – Reuters Dollar Exposed to Dysfunction and Paralysis in Washington – Bloomberg ‘The worst is yet to come’: Experts say a global bear market is just getting started – CNBC   Americas


Population ponzi causes shocking decline in Melbourne affordable rentals

By Leith van Onselen The Victorian Department of Health and Human Services (DHHS) has released alarming new data showing a massive decline in affordable rental options across Melbourne. While the annual growth in median rents across Metropolitan Melbourne moderated to 3.2% in the year to September: It remains well above inflation (2.2%) as well as


Bull trap banks pick up yield bid

AUD is still struggling through the morning: Bonds are paring gains but yields are now trending down nicely. More to come: ASX is hanging on at the cliff’s edge: Dalian has opened with a minor bid: Big Iron likewise: Big Gas is hopeful of an OPEC rescue. I am not: Big Gold has a Fed


Car sales keep on crashing

Via FCAI: National motor vehicle sales eclipsed the one million year-to-date sales mark during November 2018, in a month which overall sales were down according to the latestdata released today by the motor industry’s statistical service, VFACTS. National vehicle sales for November reached 93,860, down 7.4 per cent from November 2017. The overall market decline


Would you like poo with your burger?

Some light relief today from Maccas as we await the RBA: A study recently conducted by researchers at London Metropolitan University found that touchscreens used by customers at multiple McDonald’s locations were covered in fecal bacteria. Dr. Paul Matawele, one of the lead researchers in the study, explained that the spread of this bacteria could lead


Another shock to Aussie growth as drought bites

Via QCL: HORROR receival figures into the GrainCorp storage network highlight the depth of the drought in Australia’s north-eastern cropping zone. Total new-crop grain receivals into the GrainCorp bulk handling network as of November 5 totaled just 93,300 tonnes, with Victorian deliveries, traditionally not a major factor until December, making up over a quarter of the tally. And


Weekend Links, 3-4 November, 2018

Sheep Country, Burra, 1950, Douglas Dundas, Art Gallery of NSW   Markets and Macro Gold buying by central banks hits its highest level in almost three years – CNBC Trump says he and China’s Xi had good exchange on trade – Nikkei Asian Review Start-Ups Ask, ‘Are We Making Money for Saudi Arabia?’ – NY


Energy carteliers take a huge shit upon you

There is no way to sugar coat this so you’re getting it straight today. These guys are incorrigible, at the AFR: The chief executives of Origin Energy, AGL Energy and their smaller electricity retailing competitors look set to have a united and firm message for Energy Minister Angus Taylor at the “roundtable” he has convened