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Wednesday, April 30, 2014 - 19:21 Source

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you said it... Wednesday, April 30, 2014 - 19:11 Source


Supporters of ultra nationalist party Golden Dawn hold party flag and Greek flag . Photo / AP

By Greg Ansley
1:25 PM Saturday Apr 26, 2014

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you said it... Wednesday, April 30, 2014 - 19:11 Source


Supporters of ultra nationalist party Golden Dawn hold party flag and Greek flag . Photo / AP

By Greg Ansley
1:25 PM Saturday Apr 26, 2014

Read more Views: 248
Delimiter Wednesday, April 30, 2014 - 17:47 Source

Those who have been wondering when the Australian Taxation Office would follow the US Internal Revenue Service and make a formal ruling on how cryptocurrencies such as Bitcoin should be taxed now have an answer. According to the Financial Review (we recommend you click here for the full article), the ATO has just opened a review into the issue.

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Delimiter Wednesday, April 30, 2014 - 17:34 Source

In the last fortnight, senior executives from cinema operators in Australia, including Village Roadshow and Palace Cinemas, have come out defending their decision to raise movie ticket prices. But do their arguments hold water?

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Delimiter Wednesday, April 30, 2014 - 17:22 Source

The lack of hard, unbiased research driving this debate on piracy, as well as the privileged access to the Attorney General that entertainment industry lobbyists seem to have, does not bode well for robust, evidence-based policy being adopted in the near future.

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Delimiter Wednesday, April 30, 2014 - 17:13 Source

Australian movie and TV streaming company Quickflix yesterday announced the beginning of what it believes to be "a new-era in affordable home entertainment" with the launch of its new subscription options to its IPTV service, including streaming of TV shows and movies for only $9.99 per month.

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Wednesday, April 30, 2014 - 17:05 Source

Give your wife a job, as your personal private secretary, on 100,000 a year. Pay her, in the next three months, 27,000 of it. Arrange that she gives the money back to you, or spends it, as she usually does, on household goods.

Knock her up.

Pay her for three more months. Get the money back from her, as usual.

Give her leave from the job so she can have the baby.

Collect 50,000 tax free dollars when she has the baby.

After six months, re-employ her. Make sure she gives the money back to you.

In two years, do all this again.

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MacroBusiness Wednesday, April 30, 2014 - 17:04 Source

Stan Shamu for Chris Weston, Chief Market Strategist at IG Markets Perhaps the most interesting moves were in the yen and the Nikkei, with the BoJ meeting being concluded and some data out of Japan as well. After getting off to a solid start coming back from yesterday’s holiday, the Nikkei slowly drifted lower as it [...]

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Delimiter Wednesday, April 30, 2014 - 16:46 Source

The Commonwealth Bank of Australia has taken a significant step in the gradual shift to allowing Australians to conduct all of their banking transactions via their mobile phones, announcing this morning that it would allow customers to withdraw money from ATM machines without their cards and only using iPhone and Android apps.

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Wednesday, April 30, 2014 - 16:22 Source

A portrait of John Faulkner will be up soon on Ellis Gold.

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Delimiter Wednesday, April 30, 2014 - 16:12 Source

The nation's number two telco Optus today confirmed the size of a redundancy round first revealed yesterday, with the company now planning to offload around 350 staff over the next few weeks instead of the expected 200 which was reported earlier.

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Wednesday, April 30, 2014 - 16:01 Source

MICHELLE ROWLAND MP, SHADOW MINISTER FOR CITIZENSHIP AND MULTICULTURALISM and MEMBER FOR GREENWAY

ANDREW LEIGH MP, SHADOW ASSISTANT TREASURER and MEMBER FOR FRASER

DR CHRIS BOURKE MLA, MEMBER FOR GINNINDERRA

MEDIA RELEASE

CANBERRA COMMUNITY CONCERNED BY RACIAL DISCRIMINATION ACT CHANGES

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Wednesday, April 30, 2014 - 16:00 Source

My reflection on sex in the seventies, A Quite Unloseable Game, is now completed, and can be read on Ellis Gold. It’s cost me a fair bit of pain and I commend it to you.

Read more Views: 212
Cheeseburger Gothic Wednesday, April 30, 2014 - 16:00 Source

A sad day, my friends. Just after nine o'clock this morning I climbed in behind the wheel of the Swedish Tank and drove her one last time, into a dealership where she was to be heartlessly traded in for a new, younger model.

I felt this separation as I had not with any previous vehicle. The feckless Audi. The stolen Volvo. The other Volvo, sold into dreadful mistreatment at the hands of my mother-in-law. They were mere transactions.

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MacroBusiness Wednesday, April 30, 2014 - 14:56 Source

Cross-posted from The Conversation: Despite the positive spin that has accompanied negotiations over the Trans-Pacific Partnership (TPP), reaching an agreement that would satisfy all 12 partners was always going to be difficult. The TPP originated with an agreement among four of Asia-Pacific’s smallest economies – Brunei, New Zealand, Chile and Singapore. It was later taken [...]

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Prosper Australia Wednesday, April 30, 2014 - 14:28 Source

The unfolding ICAC investigation in NSW is set to reveal the tight network between property developers and the political process. Neil Chenoweth, lead investigative journalist at the Fin Review has written this extraordinary piece, outlining just how effective counsel Geoffrey Watson has been in unveiling the corruptive process on both the left and right. Chenoweth […]

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MacroBusiness Wednesday, April 30, 2014 - 14:16 Source

By Leith van Onselen I wrote last week how Uber was taking the fight to Australia’s taxi cartel by expanding its offering in Australia, offering a ridesharing option that would significantly undercut traditional taxi fares and provide consumers with greater transport options. As expected, the rent seeking taxi industry came out in force, opposing competition [...]

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Wednesday, April 30, 2014 - 13:59 Source

As previously covered at Croakey, this Thursday (tomorrow) has been declared a day of action and listening on Twitter on all matters to do with the health of Aboriginal and Torres Strait Islander peoples. Croakey readers are invited to follow the...

Read more on the blog...

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MacroBusiness Wednesday, April 30, 2014 - 13:33 Source

Dalian futures are down 1% today but rebar futures are up a touch. The major equities are up a bit too and minors more like flat. Macquarie has a bearish comment on the changes to lending requirements in China: Iron ore futures in China fell nearly 5% on Monday on news that the Chinese banking [...]

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MacroBusiness Wednesday, April 30, 2014 - 13:30 Source

Cross-posted from The Conversation Expect a “tough love” budget from the federal government in two weeks. And expect lots of (pointless) debate about whether or not a levy is a tax. If, however, we cast our thoughts back to July last year, we can find an easy and equitable $1.8 billion waiting to be picked [...]

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Wednesday, April 30, 2014 - 13:30 Source

Australia is set to become one of the world's biggest gas exporters - so why is the domestic price of gas about to spike? Justin Field explains

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Delimiter Wednesday, April 30, 2014 - 13:18 Source

The Australian Broadcasting Corporation has denied it censored the National Broadband Network issue from being discussed on its flagship panel discussion program Q&A this week due to any arrangement with Communications Minister Malcolm Turnbull, stating that it merely ran out of time to air a question on the topic.

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The Melbourne Urbanist Wednesday, April 30, 2014 - 13:17 Source

Follow the link to read the latest article by The Urbanist, Does the typical outer suburban worker have a long commute? 

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MacroBusiness Wednesday, April 30, 2014 - 13:09 Source

From the SMH blog: As merger and acquisition activity picks up in Australia, investors should be looking for ways to make money off the theme, say Credit Suisse strategists. Investment bankers’ perennial New Year predictions that “this is the year for M&A” may finally be coming true, with a rash of corporate activity overseas – led by [...]

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MacroBusiness Wednesday, April 30, 2014 - 12:55 Source

The Committee for Economic Development of Australia (CEDA) has released a new report today on how to fix Australian manufacturing. Here’s the executive summary: Rumours of the death of manufacturing in Australia are greatly exaggerated. However, today’s successful manufacturers are enjoying a life very different to what has been known in the past. Rather than [...]

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MacroBusiness Wednesday, April 30, 2014 - 12:35 Source

By Leith van Onselen The Reserve Bank of Australia (RBA) today released the private sector credit aggregates data for the month of March: A chart showing the long-run breakdown in the components is provided below: Personal credit growth (-0.1% MoM; -0.3% QoQ; 0.4% YoY) and business credit growth (0.2% MoM; 0.9% QoQ; 2.6% YoY) continue [...]

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Delimiter Wednesday, April 30, 2014 - 12:32 Source

Software giant Microsoft is considering a radical overhaul to its giant TechEd event in Australia that would essentially spell the end of the iconic conference in its traditional mega-format, with the company instead believed to be considering a series of smaller conferences around Australia in its place.

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Wednesday, April 30, 2014 - 12:18 Source

In this week’s Inside Story, I review Gregory Clark’s new book, discussing the challenging issue of intergenerational mobility in Australia.

The remarkable persistence of power and privilege, Inside Story, 30 April 2014

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Wednesday, April 30, 2014 - 12:16 Source

A senate committee examining the nation's electoral system is likely to result in much needed reforms, but some submissions have raised other worrying prospects, writes Casey Briggs

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