#SolarPower #Energy #PowerPrices Output at several solar farms in Australia has been slashed due to grid issues with the grid. When consumer confidence in renewables take a hit? References Voltage fears force AEMO to cut solar farms output https://www.theaustralian.com.au/business/mining-energy/voltage-fears-force-aemo-to-cut-solar-farms-output/news-story/f8685110f37e308a7523dd767acd226b https://www.aemo.com.au/aemo/apps/visualisations/map.html
Category: Economy
More talk of Negative Interest Rates
#Economy #NegativeInterestRates #RBA Talk of Negative interest rates is appearing more frequently in Australia media. References Reserve Bank may slash rates to 0.25 per cent, but ‘reluctant’ to dip into negative territory https://www.abc.net.au/news/2019-09-14/rba-interest-rate-cuts/11510102?section=business
#Australia #Economy #Recession Calls for direct stimulus to avoid the recession, although everything is still fine. References ‘Time to open your wallet ScoMo’: How Australia could dodge a devastating recession https://www.news.com.au/finance/economy/australian-economy/time-to-open-your-wallet-scomo-how-australia-could-dodge-a-devastating-recession/news-story/20922d3c81d87d48ee3ac3c43ce31eb5
Australia’s Household Debt Crisis
#Debt #Economy #Recession Australia’s high household debt levels are putting us at risk of a global shock and the debt levels continue to rise. References Global debt bomb fallout threatens Australian economy https://www.abc.net.au/news/2019-09-12/debt-bomb-fallout-threatens-australian-economy/11505248?section=business https://tradingeconomics.com/country-list/households-debt-to-income
#Recession #Australia #Economy Let’s look at nine arguments for why Australia isn’t heading to a recession and then discover the one result that changes everything. References OEChttps://oec.world/en/profile/country/aus/ Australia’s Population Growth Outstrips Water Supply https://www.youtube.com/watch?v=H3iyi_EFBVQ Australia’s Unemployment Rate hits 9.2% https://youtu.be/rDHmSao_GEw Roy Morgan Unemployment & Under-employment Estimates (2005-2019)https://www.roymorgan.com/morganpoll/unemployment/underemployment-estimates A Complete List of Australian Infrastructure Projectshttps://blog.iseekplant.com.au/australian-infrastructure-guide Australia […]
Trump Calling for Negative Interest Rates
#USA #Economy #Recession President Trump is calling for negative interest rates. A random tweet or a sign of the true state of the US economy? References Donald Trump urges Fed ‘boneheads’ to cut interest rates to negative; ASX to risehttps://www.abc.net.au/news/2019-09-12/donald-trump-boneheads-federal-reserve-cut-rates-negative/11504310?section=business
The AFR goes After Martin North
#AusPOL #Finances #MartinNorth The AFR recently wrote a story about DFA’s Martin North. Let’s look at the article from an Influence and Pre-Suasion perspective to see how it has been written to nudge peoples opinion. References
#Employment #Economy #Underemployment Apparently, the media is attempting to compare a retail worker with a lawyer. While underemployment is an issue, claims that people working too hard is taking away jobs seems farcical. References Underemployment and overemployment problems leave few workers satisfiedhttps://www.abc.net.au/news/2019-09-10/working-50-hours-week-you-might-be-destroying-economy/11494196?section=business
#Auction #ClearanceRates #Property Let’s look at the Auction Clearance Rates for the 8th of September 2019. References
Is Australia in a Depression?
#Australia #Economy #Depression Let’s look at the numbers and see if Australia meets Keynes’ definition of a depression. References