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Oz Blog News Commentary
Tuesday, September 29, 2015 - 11:52 Source

Three men from a peace activist group in Melbourne have this morning taken the first steps in what’s likely to be a landmark legal action.

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Cheeseburger Gothic Tuesday, September 29, 2015 - 11:48 Source

I appear to have written three columns in one day by accident.

Blunty:

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MacroBusiness Tuesday, September 29, 2015 - 11:24 Source

By Leith van Onselen Core Logic-RP Data has released its Housing Pain and Gain report for the June quarter, which examines the proportion of sellers that achieved gains/losses on their properties based on the previous purchase price of the dwelling. According to RP Data, the vast majority (90.9%) of properties resold over the quarter did

The post Mining town property craters appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 29, 2015 - 11:23 Source

From Citi: $50/t short-term target; larger shake-out expected in 1H16 – Chinese iron ore inventories are once again rising on the back of improving Australian exports, which we expect to pressure prices lower to around $50/t over the next two months. However, a true shake-out will need to await Chinese steel mills giving way. We expect a combination

The post Citi: Roy Hill “whale” to crush iron ore price appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 29, 2015 - 11:11 Source

From Morgan Stanley: Port stocks are low but rising and mills stocks are low but stable. No restock (and still limited restock potential) here.

The post China still has decent iron ore inventory appeared first on MacroBusiness.

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Popular Science Tuesday, September 29, 2015 - 11:05 Source

Saturday's assembly of the United Nations brought speakers from all walks of life, among them Nobel Prize Laureate Malala Yousefzai, Pope Francis, and even Facebook founder and internet advocate Mark Zuckerberg.

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Popular Science Tuesday, September 29, 2015 - 11:05 Source

We may not have an answer to how many angels can polka on a pin, but now we know how many snails can fit in the eye of a needle. The answer is 10.

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Popular Science Tuesday, September 29, 2015 - 11:05 Source

Sometimes, when two space rocks really like each other … they fuse together to form one weird, duck-shaped comet.

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Popular Science Tuesday, September 29, 2015 - 11:05 Source

The CRISPR genetic editing technique targets a series of repeated DNA sequences found in the genetic code of all sorts of organisms, from bacteria to humans. Special enzymes can find these repeated phrases and snip the DNA strands there; the cell then naturally stitches up the damaged DNA, so the organism can keep using it. But the method still isn't perfect—mistakes still happen more often than researchers would like.

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Popular Science Tuesday, September 29, 2015 - 11:05 Source

It seems we successfully avoided the #superbloodmoon apocalypse! The world is still around after this rare lunar event that occurred last night, and we are left with a treasure trove of beautiful photos to peruse in the non-armageddon aftermath. The super blood moon is special because it's three event happening at the same time: a full moon, a perigee (or super) moon, and a lunar eclipse. It's the eclipse part that casts a deep red blush across the surface of the moon. Full moons and perigee moons happen every month, but not always together, and only very rarely with a simultaneous lunar eclipse.

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MacroBusiness Tuesday, September 29, 2015 - 11:05 Source

From Reuters here’s the future for BHP and RIO: Brazil’s Vale SA said on Monday it plans to cut its dividend for the year by $500 million in order to help shore up the miner’s balance sheet in the face of weaker commodity prices, especially iron ore. The company had initially said it would pay

The post Vale cuts dividend appeared first on MacroBusiness.

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Popular Science Tuesday, September 29, 2015 - 11:05 Source

Tesla Motors' Model X is set for an official reveal tomorrow when the first examples of the electric SUV are delivered to their eagerly awaiting customers at a special ceremony at Tesla's plant in Fremont, California. We've already had a good look at the vehicle and learned that it will cost $5,000 more than a Model S sedan with similar specs.

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Popular Science Tuesday, September 29, 2015 - 11:04 Source

That was quick.

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Popular Science Tuesday, September 29, 2015 - 11:04 Source

It looks like the holiday season came early for Google's Quantum Artificial Intelligence Lab.

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Popular Science Tuesday, September 29, 2015 - 11:04 Source

Google and Facebook are in a race to get the next billion people online.

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Popular Science Tuesday, September 29, 2015 - 11:04 Source

Since Google released Google Cardboard in 2014, it has become the standard for low-cost virtual reality. Google literally gives them away for free, and even published directions detailing how to build your own, to the delight VR DIYers everywhere.

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Popular Science Tuesday, September 29, 2015 - 11:04 Source

The scale of the Volkswagen emissions fraud is expanding, a black, dirty sinkhole that is dragging a spirit of innovation, the CEO, billions of dollars, and millions of cars into an inescapable mire.

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Popular Science Tuesday, September 29, 2015 - 11:04 Source

Future Mars astronauts will have more to contend with than just the unforgiving, vacuumous expanse of space separating Earth from the Red Planet (140 million miles, on average). In an experiment meant to simulate a journey to Mars, 18 months of isolation caused participants to have high stress levels and low brain activity, according to a study recently published in Physiology and Behavior.

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Popular Science Tuesday, September 29, 2015 - 11:04 Source

LauncherOne looks like its on target to deliver Virgin Galactic's promised small satellite revolution.

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MacroBusiness Tuesday, September 29, 2015 - 11:00 Source

By Leith van Onselen Internet Australia, the not-for-profit peak organisation representing all Australian internet users, has warned that small internet service providers (ISPs) face a “very real prospect of ISPs going out of business” if they are not adequately reimbursed for the costs of implementing and complying with the Coalition’s data retention (metadata) scheme. Internet

The post Turnbull should reverse track on data retention appeared first on MacroBusiness.

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Popular Science Tuesday, September 29, 2015 - 10:52 Source

Dark, narrow streaks stretch their fingers down Mars' slopes every warm season. Those dark veins disappear when the weather cools down. For a long time, scientists have thought these streaks come from a salty brine that's solid in the winter but melts in the springtime, streaming downhill. But since the streaks are only 5 meters wide at most, our satellites couldn't get a clear enough look to analyze their composition.

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Tuesday, September 29, 2015 - 10:48 Source

Activists are claiming victory in their battle against Shell, one which scientists tell us is vital for the future stability of the climate. Thom Mitchell reports.

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Delimiter Tuesday, September 29, 2015 - 10:28 Source

NSW Roads and Maritime Services this week revealed it had suspended some forty owners of vehicles involved in UberX-style ride-sharing services, ruling the use of vehicles for this purpose as illegal, despite the fact that the State Government is currently conducting a review into the future of the related taxi industry.

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Delimiter Tuesday, September 29, 2015 - 10:28 Source

NSW Roads and Maritime Services this week revealed it had suspended some forty owners of vehicles involved in UberX-style ride-sharing services, ruling the use of vehicles for this purpose as illegal, despite the fact that the State Government is currently conducting a review into the future of the related taxi industry.

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The Melbourne Urbanist Tuesday, September 29, 2015 - 10:12 Source

Would urban policy benefit from greater diversity of views?

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Delimiter Tuesday, September 29, 2015 - 10:06 Source

For those of you who’ve been relatively dubious about the supposed health benefits of wearing an Apple Watch, I recommend you check out this story posted by long-time Australian technology journo Garry Barker earlier this month.

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Delimiter Tuesday, September 29, 2015 - 10:06 Source

For those of you who’ve been relatively dubious about the supposed health benefits of wearing an Apple Watch, I recommend you check out this story posted by long-time Australian technology journo Garry Barker earlier this month.

Read more Views: 316
MacroBusiness Tuesday, September 29, 2015 - 10:00 Source

By Leith van Onselen After recording the largest weekly rise on record last week following the appointment of Malcolm Turnbull as Prime Minister, the ANZ-Roy Morgan Research consumer confidence index retraced in the week ended 27 September, falling by 3.9 points to 110.6 to be tracking below the long-run average of around 113 (see next

The post Consumer confidence bounce short-lived appeared first on MacroBusiness.

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MacroBusiness Tuesday, September 29, 2015 - 09:41 Source

By Leith van Onselen After the REINZ reported annual house price inflation of 25% in Auckland (on a stratified median basis) earlier this month, Reserve Bank of New Zealand officials ramped up their warnings, telling Parliament’s Finance and Expenditure Select Committee that Auckland house prices were in “dangerous terrritory” and vowing to rein the market in.

The post RBNZ sounds the alarm on Auckland housing appeared first on MacroBusiness.

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Tuesday, September 29, 2015 - 09:40 Source

Family violence is appalling. But then so is the Minister for Immigration. Mathew Kenneally weighs in.

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