Blogotariat

Oz Blog News Commentary
Left Focus Monday, September 15, 2014 - 11:09 Source

                      In this new 'Left Focus' article former Australian Communist leader Eric Aarons provides an analysis based on Thomas Piketty's influential new book 'Capital in the Twenty-First Century'.  In particular Aarons defends Piketty's notion of a 'Social State' as a project for progressives in today's world.by Eric Aarons             

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MacroBusiness Monday, September 15, 2014 - 11:05 Source

Via Forexlive: A report from MNI is doing the rounds and the story along with soft Chinese weekend data is putting some pressure on the Australian dollar. The People’s Bank of China is reluctant to ease the reserve requirement further because two targeted cuts earlier this year failed to achieve their stated goals of supporting agriculture and […]

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MacroBusiness Monday, September 15, 2014 - 10:49 Source

By Leith van Onselen The Australian has reported today that the Abbott Government intends to reform the way that employee share schemes are taxed in a bid to foster start-ups and innovation. From The Australian: Employee share schemes will be a key part of [Coalition] policy by offering help to start-up companies that want to […]

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MacroBusiness Monday, September 15, 2014 - 10:44 Source

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Renew Economy Monday, September 15, 2014 - 10:21 Source

Do our largest energy companies aspire to be dinosaurs or would they rather be creatures of the future?

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Renew Economy Monday, September 15, 2014 - 10:18 Source

It's nearly five years since the old incandescent lights were taken off the shelves. But the job of regulating lighting energy efficiency is only half done.

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The Australian Independent Media Network Monday, September 15, 2014 - 09:56 Source

One of my Facebook friends by the name of Corrine Harrison is Studying for her Bachelor Arts Politics/Communications at Charles Sturt University, Queensland. She recently wrote an essay about independent media. I thought it worthy of sharing on THE AIMN.

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Popular Science Monday, September 15, 2014 - 09:35 Source

Autonomous cars get all the attention, but now the driverless boat is getting a look in. Built by a team from the Queensland University of Technology, the boat is designed to compete in the Maritime RobotX Challenge later this year.

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Table Talk: Bob Ellis on Film and Theatre Monday, September 15, 2014 - 09:34 Source

Abbott declared war on a nation that didn’t exist, in support of a nation that didn’t exist, ate witchetty grubs, and felt good about it. He knew Aussie ‘battlers’, whom he’d just deprived of their schoolkids’ money and their secure old age, and their jobs in all the industries he’d just abolished, would be happy to spend on a war we took ten years to lose a hundred billion more to restart it, and lose it again, the way you do.

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MacroBusiness Monday, September 15, 2014 - 09:27 Source

Uh oh, iron ore carnage: Mining and steel group Arrium has launched a $754 million capital raising to repair its stretched balance sheet as the iron price plunge casts uncertainty over the company’s earnings. Arrium chairman Peter Smedley, who is stepping down this year to be replaced by Jerry Maycock, said the raising puts the […]

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MacroBusiness Monday, September 15, 2014 - 09:18 Source

Westpac’s September Red Book is out and is unhappy reading for those expecting a renewed consumer boom to drive economic growth. Here are the crucial charts: ― The Westpac–Melbourne Institute Index of Consumer Sentiment fell 4.6% in Sep reversing most of the recovery from May’s post-Budget fall. At 94.0, the Index is back in ‘cautiously pessimistic’ levels, 5.8% […]

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Table Talk: Bob Ellis on Film and Theatre Monday, September 15, 2014 - 09:08 Source

How do you stop a man from cutting off the head of a man in his captivity, when he’s in the mood to do it?

How do you threaten him? How do you bribe him? How do you kill him without killing his captive?

How do you… negotiate…with a…terrorist?

We’re in this war to find out.

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MacroBusiness Monday, September 15, 2014 - 09:07 Source

By Leith van Onselen The Age is running an article today about how Melbourne’s inner-city livability is being eroded by rapid development, which is placing  extreme pressure on public amenities, like parks: Melbourne is facing a shortage of public parks and sporting grounds, as skyscraper developers swoop on the city’s best blocks and price government […]

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The Australian Independent Media Network Monday, September 15, 2014 - 09:07 Source

There is madness in the air and to deliberately mis-quote George Santayana, those that do not pay attention to history are bound to repeat it. That is exactly what Tony Abbott and his government are doing and why should we expect anything different from someone who is so devoid of anything original all he can do is follow the leader like sheep follow the shepherd.

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MacroBusiness Monday, September 15, 2014 - 08:46 Source

A quick heads -up for the kind of trade we might see today on China’s terrible weekend data. The Aussie opened right on 90 cents and has failed to bounce meaningfully: Share on Facebook Share on Twitter Share on Reddit + -

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Table Talk: Bob Ellis on Film and Theatre Monday, September 15, 2014 - 08:23 Source

I am putting up on Ellis Gold, progressively, my book The Capitalism Delusion which deals, in part, with the rent-and-house-price crisis that is currently whiteanting the world economy. And I will do, soon, I swear, some theatre and film reviews …

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MacroBusiness Monday, September 15, 2014 - 08:13 Source

By Leith van Onselen Slowly but surely, the Coalition is beginning to see the light on superannuation, and acknowledging that the current make-up of the system is unsustainable for Australia’s long-term finances and ripe for fundamental reform. Today, Coalition MP, and former advisor to Peter Costello, Kelly O’Dwyer has penned a worthwhile piece in The […]

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The Tally Room Monday, September 15, 2014 - 08:12 Source

Mana4-LABcandMana is a marginal Labour electorate covering suburbs north of Wellington, which is held by Labour MP Kris Faafoi by a 6.6% margin.

Faafoi won the seat in a 2010 by-election. The seat has been held by Labour since its creation in 1996 but the seat is not particularly safe.

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MacroBusiness Monday, September 15, 2014 - 07:47 Source

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Table Talk: Bob Ellis on Film and Theatre Monday, September 15, 2014 - 07:27 Source

I could be wrong about this, but what I saw last night at the Holocaust Museum, an unrehearsed reading called The Handkerchief, seemed to me to prefigure a play on the world stage as good as the best of Arthur Miller, though not, of course as good as the best of Larry Kushner, the finest English-language playwright in three centuries.

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MacroBusiness Monday, September 15, 2014 - 07:19 Source

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MacroBusiness Monday, September 15, 2014 - 07:06 Source

Cross-posted from Investing in Chinese Stocks. China calculates the real estate growth figure as a running total. I calculate the year on year figure for one month alone. In July this growth figure was 11.9%. In August, it slumped to 9.9%. The trend is not looking good for GDP growth in Q3. Here’s the real estate detail […]

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MacroBusiness Monday, September 15, 2014 - 07:04 Source

The national auction clearance rate slid over the weekend on the back of declines in Sydney and Melbourne. According to RP Data, the national weighted average preliminary auction clearance rate was 70.8% over the weekend, which was down 3.6% from the 74.4% preliminary clearance rate reported last weekend. Sydney’s clearance rate fell by 4.1% to […]

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MacroBusiness Monday, September 15, 2014 - 07:03 Source

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Poll Bludger Monday, September 15, 2014 - 03:18 Source

Red and blue numbers respectively indicate size of two-party Labor and Liberal polling booth majorities. Click for larger image. Map boundaries courtesy of Ben Raue at The Tally Room.

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MacroBusiness Monday, September 15, 2014 - 00:21 Source

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Your Democracy Monday, September 15, 2014 - 00:19 Source

so long, farewell, goodbye & good riddance …..

There's one good reason for why Scotland should vote yes for independence: the breaking up of the United Kingdom would be an imminently good thing for the sake of world peace.

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North Coast Voices Monday, September 15, 2014 - 00:16 Source

Prime Minister Tony Abbott announced that the terror threat level has been raised from medium to high. He has stressed that people should continue to go about their normal lives and that there is no intelligence on a specific plot. [The Sydney Morning Herald 12 Se

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North Coast Voices Monday, September 15, 2014 - 00:15 Source

Tony Abbott is determined that recognising indigenous people in Australia's constitution is a "national crusade'' that should be important to everyone…. He has promised to finalise a draft form of words for changing the constitution by September.

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Table Talk: Bob Ellis on Film and Theatre Sunday, September 14, 2014 - 22:54 Source

It is strange Tony Abbott thinks it a good idea to answer a beheading by sending in six hundred troops. All that will happen is more beheadings, in Strathfield perhaps, or Longreach, and a falling away of any support there still is for a war already three times lost.

Soldiers’ wives will hate the idea. Traumatised veterans will detest it. Crippled veterans will demonstrate against it. No general likes it. No historian thinks it makes any sense. What is he doing?

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