Peter Hannam
@phannam.bsky.social
Soon to be at the Climate Change Authority. Former economics corro for Guardian Australia, ex-enviro editor for SMH/Age.
Some news from me: I’ll be leaving my wonderful colleagues at Guardian Australia to take up a role at the Climate Change Authority in the new year.
Looks like Christmas will be hot in Melbourne...and the Boxing Day Test Match will get off to a scorcher: (Via BoM)
Mostly dry in southern Australia from now until Boxing Day... (Via BoM)
ANALYSIS: Five things #Myefo tells us about the state of the Australian economy from @phannam.bsky.social
Five things Myefo tells us about the state of the Australian economy
The economy’s rebound won’t be as strong as anticipated and more government rebates seem to be pencilled for the coming year
theguardian.com
Year-end Westpac-ACCI's industry survey finds sentiment finely balanced among manufacturers who were optimistic or pessimistic to round out 2024. The 'Expected' outlook, though, picked up further and is now at its highest since September 2022.
These surveys are amazing - as I found out three years ago: www.theguardian.com/environment/...
The eastern Australian waterbird survey is a white-knuckle flight of avian accounting
One of the world’s largest bird counts is ‘hours of terror separated by minutes of boredom’
theguardian.com
Peter Hannam@phannam.bsky.social · 2y ago
Unfortunately, federalism works both ways. Cities and states can do a lot to rectify and fill in for federal government missteps and neglect of vulnerable populations. However, the opposite is also true. Cities can be preempted by their states (and states by federal government), tho not always.
Torr (I moved to Threads)@torrleonard.bsky.social · 2y ago“Florida *banned* local governments from *protecting* workers from heat, after deciding businesses and federal regulation did enough to keep them safe, but a Times investigation found twice as many workers have died across the state from heat than officials know” www.tampabay.com/investigatio...
The Coalition's climate policy plan would result in a cool extra gigatonne of GHGs out to 2050, from Australia's power sector alone. Great analysis by @dylanjmcconnell.bsky.social www.theguardian.com/australia-ne...
Parts of western Melbourne topping 43.3C today, and tomorrow it'll be Sydney's turn to bake. Parts of western Sydney may reach 42C. (Via BoM)
A host of inland regions are competing to be the hottest place in Australia - and probably the planet - today. Presently, this is the hottest station (according to BoM):
(New from me): Jim Chalmers reveals two appointments to Reserve Bank’s new monetary policy board www.theguardian.com/australia-ne...
Jim Chalmers reveals two appointments to Reserve Bank’s new monetary policy board
Renée Fry-McKibbin and Marnie Baker will sit on the RBA’s new board, which follows the government’s reform of the central bank
theguardian.com
Choosing the "progressive change" scenario - with lower economic growth, and significant decline in large industrial loads - as your preferred version of the future is really quite a choice from the coalition...
(New from me:) Yet more signs of a surprisingly strong labour market: www.theguardian.com/business/202...
Fall in Australia’s unemployment rate sends dollar higher and stocks down, dimming hopes of interest rate cut
ABS reveals robust market as unemployment rate drops from 4.1% to 3.9%, its lowest since March
theguardian.com
The coming heatwave for eastern Australia will cover about half the nation. This is the Saturday-Monday chart. (Via BoM)
Humpback whale makes record journey of more than 13,000km from South America to Africa
Humpback whale makes record journey of more than 13,000km from South America to Africa
Research done with the help of citizen science shows male humpback completed almost twice the typical migration distance * Get our breaking news email, free app or daily news podcast A humpback whale has journeyed more than 13,000km from South…
theguardian.com
From this week, the Bureau of Meteorology stopped publishing their "climate drivers" page, although values for the Nino 3.4 region used for monitoring are still available. Chances of a standard La Nina continue to fade...
Most of eastern Australia will bake in a heatwave from the weekend. (Via BoM)
(New from me): how ‘wild’ in 2024 may look mild before too long… www.theguardian.com/australia-ne...
Michele Bullock’s ‘wild ride’ at the RBA could spell trouble for Labor if interest rate cuts aren’t on the way
Growth has slowed, but employment is up – could the new year bring mortgage repayment relief?
theguardian.com
(New from me): No Christmas gift for Australian borrowers as RBA leaves interest rates on hold - but hopes for a cut improve www.theguardian.com/australia-ne...
No Christmas gift for Australian borrowers as RBA leaves interest rates on hold
Reserve Bank leaves cash rate at 4.35% for ninth consecutive meeting
theguardian.com
As we await the RBA's rates verdict (likely keeping the cash rate at 4.35% for a 9th meeting in a row), it's interesting inflation expectations have lately receded a lot. ANZ/Roy Morgan's weekly survey has noted a 0.5ppt drop in the past fortnight, with the gauge near its lowest since Aug 2021.
