Blogotariat

Oz Blog News Commentary
MacroBusiness Wednesday, August 6, 2014 - 07:58 Source

By Lindsay David , Paul Egan & Philip Soos, cross-posted from the Australia: Boom to Bust Blog “With more and more Australians finding it difficult to break into home ownership, adopting the Canadian scheme would make a difference to thousands of Australians each year,” Senator Xenaphon said: “As HomeStart Finance said this week, there’s something […]

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MacroBusiness Wednesday, August 6, 2014 - 07:20 Source

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MacroBusiness Wednesday, August 6, 2014 - 07:19 Source

From Callam Pickering late yesterday: The Reserve Bank of Australia wants to leave rates unchanged for some time but the only justification is a fear of a housing bubble. The RBA should follow in the footsteps of other central banks by introducing macroprudential policies, which will soften the housing market and allow it to ease […]

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MacroBusiness Wednesday, August 6, 2014 - 07:18 Source

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MacroBusiness Wednesday, August 6, 2014 - 07:16 Source

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MacroBusiness Wednesday, August 6, 2014 - 07:03 Source

The great corporate struggle of our time (totally unreported of course) has opened a new chapter. Nev Power has dropped the friendly demeanor and intimated at the Diggers and Dealers conference that the big miner is now if full controlled panic mode (if you’ll pardon the oxymoron) aiming to pay down debt “as fast as […]

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Wednesday, August 6, 2014 - 06:37 Source

I am suing Historian for calling me, repeatedly, after several warnings, anti-semitic, lately in a dreadful poem. She can pay me thirty thousand now, or lose three hundred and fifty thousand plus costs when it comes to court in, I …

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Wednesday, August 6, 2014 - 06:32 Source

The ‘anti-Semitism’ argument may be over now. Most nations have called ‘shameful’ or ‘criminal’ or ‘unforgiveable’ the killing, in these last three weeks, of more dead innocent Gazans than dead Americans on 9/11, and it no longer seems wrong to criticise Netanyahu for these levels of slaughter.

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George Monbiot Wednesday, August 6, 2014 - 05:27 Source

Do you feel left out? Perhaps it’s because you refuse to succumb to the competition, envy and fear neoliberalism breeds

By George Monbiot, published in the Guardian 6th August 2014

To be at peace with a troubled world: this is not a reasonable aim. It can be achieved only through a disavowal of what surrounds you. To be at peace with yourself within a troubled world: that, by contrast, is an honourable aspiration. This column is for those who feel at odds with life. It calls on you not to be ashamed.

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MacroBusiness Wednesday, August 6, 2014 - 05:20 Source

Ebola panic is setting in and not before time. Here’s a linkfest (updated from Zero Hedge): Second Ebola patient to arrive in U.S. on Tuesday Saudi Arabia Tests Man Suspected of Having Ebola Philippines monitoring 15 Filipinos from West Africa for Ebola Emirates, the world’s largest airline by international traffic, is scrapping West African route […]

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North Coast Voices Wednesday, August 6, 2014 - 00:16 Source

It would be unwise to view this as anything but a brief respite during the Abbott Government’s determined march towards a totalitarian regime.The Sydney Morning Herald 5 August 2014:The Abbott government has backed down on controversial plans to water down the Racial Discrimination Act.Prime Minister Tony Abbott said it was a ‘‘leadership call’’ to bin the proposed changes to Section 18C of the act, which had been roundly

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North Coast Voices Wednesday, August 6, 2014 - 00:15 Source

The Abbott CodePrime Minister Tony Abbott is prepared to consider the idea of a welfare card to determine how recipients spend their money. However, the government has ruled out quarantining income for everyone who receives welfare payments. [The Australian 31 July 2014]Mr Abbott today said some welfare recipients were already subjected to “administratively cumbersome” income management [which quarantines 50 per cent of a person’s payment].

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MacroBusiness Wednesday, August 6, 2014 - 00:01 Source

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The Australian Independent Media Network Tuesday, August 5, 2014 - 23:30 Source

Crown land is our land, writes June Bullivant OAM. It should belong to the people – not the developers.

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The Australian Independent Media Network Tuesday, August 5, 2014 - 22:51 Source

To Joe Hockey.

The news that a young homeless couple were found dead in their car was news that you would, in an indirect way, find offensive.

It was not their death that offended you, but a certain reaction to it.

But first to the young couple:

Police say the 27-year-old man and 24-year-old woman, both from Ballarat and believed to have been living in the car, were using a butane gas heater to keep the chill away when they died.

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The Australian Independent Media Network Tuesday, August 5, 2014 - 21:07 Source

After reading Evie Wyld’s traumatic but powerful All the Birds Singing – see my previous post – I was looking for something a bit more relaxed. But having found it, am I sure I really prefer comfortable?

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laberal Tuesday, August 5, 2014 - 20:02 Source

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The Australian Independent Media Network Tuesday, August 5, 2014 - 16:41 Source

Breaking news! “In light of the complex and challenging security environment facing Australia” Abbott has made another captain’s call; the amendments to section 18c of the racial vilification act are now officially “off the table”.

Apparently while it was perfectly OK for shock jocks to indiscriminately hurl racial abuse a few months back, what we NEED now, as a nation, is to set aside what divides us so we can all come together in a big warm fuzzy hug of national unity.

That is, of course, except for when we come together in collective condemnation of anyone who has been to “a designated conflict zone”.

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MacroBusiness Tuesday, August 5, 2014 - 16:12 Source

Stan Shamu for Chris Weston, Chief Market Strategist at IG Markets The positive momentum from US trade has not translated in to gains for Asia, with the major bourses struggling on the back of an alarming China HSBC services PMI reading. The July reading dropped to an all-time low of 50, and was down from 53.1 […]

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MacroBusiness Tuesday, August 5, 2014 - 15:38 Source

From Westpac’s Bill Evans: As expected, the Reserve Bank Board decided to leave the cash rate unchanged at 2.50%. The two key areas of interest for the markets were around the language describing the Australian dollar and the outlook for monetary policy. For both issues the statement replicated the words of the July statement, i.e. […]

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Renew Economy Tuesday, August 5, 2014 - 14:54 Source

A new twist on phase-changing renewable technology combines the sun, and a new graphite-based collection system.

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Renew Economy Tuesday, August 5, 2014 - 14:54 Source

Nespresso last year sold an estimated 28 billion capsules worldwide – about 28 million kilograms of aluminium, much of which may be sitting in landfill.

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Renew Economy Tuesday, August 5, 2014 - 14:52 Source

Yingli Green Energy Australia launches website and iPhone app to raise the benchmark of quality for the local rooftop solar industry.

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Renew Economy Tuesday, August 5, 2014 - 14:51 Source

As the Indian government commits to funding development of some of the world's largest solar PV parks, and China commits to cutting coal use in its capital by 2020, the Abbott government's fossil-fuel powered plan for Australia’s economic future look more and more shaky.

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Renew Economy Tuesday, August 5, 2014 - 14:50 Source

Report finds economic modelling used by RET Review Panel 'materially overstates' the level of pre-existing renewables in Australia in its argument for reducing the target.

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MacroBusiness Tuesday, August 5, 2014 - 14:38 Source

By Leith van Onselen Following a new audit report claiming that Labor’s National Broadband Network (NBN) was “rushed and chaotic”, communications minister, Malcolm Turnbull, has endorsed stringent new requirements for taxpayer-funded infrastructure projects worth more than $1 billion. From The Australian: The Minister endorsed a proposal for large public-sector projects costing more than $1bn to […]

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MacroBusiness Tuesday, August 5, 2014 - 14:32 Source

The Reserve Bank of Australia (RBA) has released its August announcement and kept rates on hold, as well as leaving the statement largely unchanged: Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at […]

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Tuesday, August 5, 2014 - 14:12 Source

Investigations have begun after a 22-year-old woman died in police custody yesterday.

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Tuesday, August 5, 2014 - 14:02 Source

A Freedom of Information investigation by Fairfax media has blown the lid on the lie of the Abbott Government's budget.

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MacroBusiness Tuesday, August 5, 2014 - 13:55 Source

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