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Tuesday, April 8, 2014 - 10:39 Source

Coalition governments love to help developers transform Australia's cities into nowhere places. Guy Rundle on why saving the Millers Point public housing is a fight for Sydney's soul

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MacroBusiness Tuesday, April 8, 2014 - 10:33 Source

By Leith van Onselen HSBC Australia’s chief economist, Paul Bloxham (“Bloxo”), has produced an interesting note today outlining Australia’s demographic headwinds, and arguing for an expansion of the immigration intake to counter ageing’s impact on the economy: As the ‘baby boomers’ are starting to retire, Australia faces similar demographic challenges to other countries An aging [...]

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Popular Science Tuesday, April 8, 2014 - 10:16 Source

Behold the oarfish, the world's longest bony fish. The beasts typically live hundreds of feet below the ocean surface are thus are rarely seen. Since 2002, however, a few videos (like the one above) have surfaced and given scientists important clues about the animals.

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Cheeseburger Gothic Tuesday, April 8, 2014 - 10:06 Source

If it's good enough to Campbell Newman...

At Blunty.

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Prosper Australia Tuesday, April 8, 2014 - 09:50 Source

  Letters, Australian Financial Review 7 April 2014 It is absurd to say switching from income tax to GST improves work incentives.  Consumption equals income minus savings.  A 20 per cent GST is much the same as a 20 per cent flat income tax with no tax-free threshold, but with unlimited superannuation deductions. But it’s […]

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MacroBusiness Tuesday, April 8, 2014 - 09:43 Source

By Leith van Onselen The mainstream media is awash with glowing reports about the “free trade agreement” FTA with Japan, which was concluded yesterday. According to the Department of Foreign Affairs and Trade, the Japan-Australia Economic Partnership Agreement (JAEPA) will “deliver a significant boost to Australian farmers and other agricultural producers, resource exporters, service providers [...]

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Prosper Australia Tuesday, April 8, 2014 - 09:39 Source

By Catherine Cashmore, a market analyst, journalist, and policy thinker, with extensive industry experience in all aspects relating to property. Follow Catherine on Twitter or via her Blog. I had the good fortune to meet two investors from Dallas Texas last week – visiting in part, to survey the Australian real estate terrain and in return, provide a unique […]

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Popular Science Tuesday, April 8, 2014 - 09:37 Source

That's the result of a study published on April 7 in Proceedings of the National Academy of Sciences. In the study, nearly 400 volunteers were given drugs in a double-blind test and then gave detailed feedback about how they made them feel. Each participant's genomes were sequenced and compared to genes known to be linked to an increased risk for ADHD or schizophrenia. People with alleles, or genetic units, that led to a euphoric response to dextroamphetamine were less likely to have genes linked to the two conditions. 

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Tuesday, April 8, 2014 - 09:28 Source

(From Rowan McDonald, in 5th Wall)

Three microphones, three male voices, a tale of a time gone yet just within grasp of living memory, and by making this reach we might peer further back into the years before, centuries perhaps, of Hamlets, Macbeths, Bottoms, Falstaves and Cassieia. This kind of theatrical telescope into the past can reveal all manner of insight into the word as spoken – alive again in the prism of Gielgud’s particular vocal method.

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MacroBusiness Tuesday, April 8, 2014 - 09:24 Source

From UBS’s excellent Glyn Lawcock  today come previews of miner quarterly reports. For BHP: The March quarter is generally a weaker quarter for the miners, in particular BHP Billiton given the wet season that prevails across the top end of Australia. Seasonally cyclonic conditions exist across the QLD Coal fields and the West Australian iron [...]

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MacroBusiness Tuesday, April 8, 2014 - 09:19 Source

The conflicts in the new Australian parliament are nothing if not darkly entertaining as plutocrats go at it. From Fairfax: Clive Palmer says he would consider voting for the repeal of cross media ownership laws even though it could benefit Rupert Murdoch’s News Corporation, which publishes newspapers that have been critical of the Palmer United [...]

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MacroBusiness Tuesday, April 8, 2014 - 08:17 Source

From BS today, Steve Keen argues that previous housing bull and long term interlocutor, Chris Joye, has capitulated to his bearish view: …though house prices have not done what I expected, one of the most prominent commentators asserting that there is a dangerous house price bubble in Australia is… Chris Joye. …Joye’s mantra all through [...]

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MacroBusiness Tuesday, April 8, 2014 - 07:51 Source

By Catherine Cashmore, a market analyst, journalist, and policy thinker, with extensive industry experience in all aspects relating to property. Follow Catherine on Twitter or via her Blog. I had the good fortune to meet two investors from Dallas Texas last week – visiting in part, to survey the Australian real estate terrain and in [...]

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MacroBusiness Tuesday, April 8, 2014 - 06:41 Source

The IMF again underlines just how slow our local regulators have been to understand their new normal with a new staff note endorsing various unconventional policy tools today: The global financial crisis challenged the existing monetary policy paradigm. Before the crisis, dangerous financial imbalances grew under stable output gaps and low inflation. After the bust, [...]

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MacroBusiness Tuesday, April 8, 2014 - 05:35 Source

I’ve been relatively sanguine about the Crimean conflict to date. It was a was a well executed Putin putsch and he held all of the cards so it really didn’t threaten stability greatly. But no longer. From the FT overnight: Ukraine’s leaders warned that their country was at risk of being torn apart as armed [...]

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MacroBusiness Tuesday, April 8, 2014 - 04:42 Source

From BNP Paribas via FTAlphaville, comes more on why China’s super high rate of investment is something of a problem. We all know by now the basic issue: that the investment share of GDP has remained high only because it has been forced to by a financially repressed economic model that supports uneconomic construction at [...]

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MacroBusiness Tuesday, April 8, 2014 - 01:23 Source

Newpoll today has the Abbott Government bouncing back: The Coalition is now in front of Labor on a two-party-preferred basis, 51 to 49 per cent. Labor had led the government on a two-party-preferred basis since the beginning of December as the Abbott government lost voter support sooner than any newly elected modern government except Julia [...]

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MacroBusiness Tuesday, April 8, 2014 - 00:23 Source

Jennfier Hewitt‘s gas junket, paid for by the Australian Petroleum Production & Exploration Association (APPEA) delivers again today with another headline story bashing those in the way of gas development: Colin Barnett insists he is a realist but he doesn’t easily give up on his dreams. Or on his threats to those who get in the [...]

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North Coast Voices Tuesday, April 8, 2014 - 00:15 Source
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MacroBusiness Tuesday, April 8, 2014 - 00:10 Source

Here are the iron ore charts for April 7, 2014:     So, now we’re seeing some momentum in paper and physical prices (sorry, some prices not updating this morning). I have no idea why mills are chasing prices higher but they are so don’t argue. The Baltic Dry capesize fell a little yesterday and [...]

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MacroBusiness Tuesday, April 8, 2014 - 00:02 Source

Global Macro / Markets: Falling prices put pressure on high-cost copper miners – Financial Times The impact of bank capital requirements during an upswing – VOX The future for real interest rates – Financial Times IMF sees role for monetary policy in asset price boom – The AFR Central banks need more tricks: IMF – [...]

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North Coast Voices Tuesday, April 8, 2014 - 00:00 Source

At www.kevinhogan.com.au the Nationals Members for Page, Kevin Hogan, informs the world that he told the Australian Parliament about the benefits of reducing red and green tape.However no-one appears to be listening to his 5 minute speech if the empty government benches behind him are any indication:

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Monday, April 7, 2014 - 22:27 Source

In what film did Mickey Rooney appear with Judy Garland, he playing someone else, and Judy playing herself?

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We are all dead. Monday, April 7, 2014 - 21:54 Source

There was a scary pamphlet in the mail waiting for me when I got home today:

BkmnNKJCUAA68Aw

 

Apparently some greedy developer is planning to build a six storey apartment block in bucolic, semi-rural West Melbourne. Six stories! Can you imagine?

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We are all dead. Monday, April 7, 2014 - 21:54 Source

There was a scary pamphlet in the mail waiting for me when I got home today:

BkmnNKJCUAA68Aw

 

Apparently some greedy developer is planning to build a six storey apartment block in bucolic, semi-rural West Melbourne. Six stories! Can you imagine?

Read more Views: 273
you said it... Monday, April 7, 2014 - 21:22 Source

Anyone who has come across a gathering of bogots on the internet has experienced the depths of Bogotariat indignation when someone suggests that their anti-Muslim rants might be an indication of, well, very poorly veiled racism.

Mostly because they are.

Very occasionally – very, very occasionally – a tiny spark goes off in the bogot brain and looks like it might actually fire up the engine room for some critical thought.

Read more Views: 219
you said it... Monday, April 7, 2014 - 21:22 Source

Anyone who has come across a gathering of bogots on the internet has experienced the depths of Bogotariat indignation when someone suggests that their anti-Muslim rants might be an indication of, well, very poorly veiled racism.

Mostly because they are.

Very occasionally – very, very occasionally – a tiny spark goes off in the bogot brain and looks like it might actually fire up the engine room for some critical thought.

Read more Views: 498
Monday, April 7, 2014 - 19:18 Source

We were told by the ABC that Mickey Rooney was ‘the last star of Hollywood’s golden era’.

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Damian Smith Monday, April 7, 2014 - 18:23 Source

For those of you that don’t know me and haven’t heard me rant in general conversation, one of my favourite films of all time is Guillermo del Toro’s masterpiece Pacific Rim. 

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Monday, April 7, 2014 - 17:37 Source

Comment

By Barry Tucker                    7 April, 2014

Something strange is going on in the world of Andrew Bolt. The federal government, commercial media and the tax-payer funded ABC (which he loathes) are going out of their way to promote him.

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