Blogotariat

Oz Blog News Commentary
Tuesday, February 24, 2015 - 11:30 Source

The rise and rise of Malcolm Turnbull risks being punctuated by a realisation of what he actually stands for, writes Stuart Rees.

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Tuesday, February 24, 2015 - 11:26 Source

(From Dali)

I knew very little about the director when I saw Birdman (Or The Unexpected Virtue of Ignorance). I knew nothing of the plot. I probably had Birdy rattling round in my cultural roadmap.

I just paid my dime and go in the gondola, I never felt like getting off, and the constant getting lost, and finding my place, teetering on the wire and straightening up just made me enjoy the ride more, as illusions and allusions shot past.

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MacroBusiness Tuesday, February 24, 2015 - 11:22 Source

From The Australian: QBE insurance has put a planned float of its Lenders Mortgage Insurance on hold saying the proceeds are not needed following a major capital overhaul at the international insurer. QBE managed a $1bn profit turnaround in the year to December 31, reporting a $742m net profit following a year of restructuring, asset […]

The post QBE spikes LMI listing appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2015 - 11:15 Source

From the SMH: Pacific Investment Management Co trimmed bets on declines in the Australian dollar, predicting iron ore prices have reached a bottom. …”To get a true rebalancing you don’t only need Aussie dollar weakness, but you need weakness followed by a period of stability,” Mead said in an interview in Sydney on February 20. […]

The post PIMCO: Iron ore and Aussie at bottom appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2015 - 10:56 Source

By Leith van Onselen The ANZ-Roy Morgan Research (RMR) consumer confidence index rose for the first time in five weeks, rising by 1.0 points to 110.8 in the week ended 21 February, to be tracking just below the long-run average (see next chart). As shown above, consumer confidence has tracked sideways for around six months. […]

The post Consumer confidence drifting sideways appeared first on MacroBusiness.

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Tuesday, February 24, 2015 - 10:34 Source

In his latest post for Croakey, The Naked Doctor, Justin Coleman, previews the Choosing Wisely campaign, due to launch in Australia in April.  This campaign focuses on cutting down the numbers of unnecessary medical tests and treatment and has been...

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Popular Science Tuesday, February 24, 2015 - 10:29 Source

No, Superfish isn't the next comic-book movie to hit theaters; it's an advertising software program that's caused a headache for computer maker Lenovo. The company pre-installed the software on many of its consumer laptops, where it basically injects ads into webpages as users surf. That's intrusive enough—and that's what the software is designed to do.

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Popular Science Tuesday, February 24, 2015 - 10:29 Source

By 2020, the World Health Organization wants every hospital and clinic to use only “smart syringes” that are designed so they can't be used more than once, the organization announced today. The syringes would reduce the spread of deadly needle-borne diseases. In 2010, re-used needles accounted for 1.7 million new hepatitis B cases, tens of thousands of new HIV infections and hundreds of thousands of new hepatitis C infections, according to a recent WHO-sponsored study.

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Popular Science Tuesday, February 24, 2015 - 10:29 Source

At the turn of 2015, new cases were down and everyone was ready to declare victory—but we have actually been here before. In fact, around May last year, many thought the crisis was over. It might have been, except there were two missed cases in Liberia. Those two cases exploded into the peak that we saw from August to November, before new infections dropped again. Now, in mid-February, we are again facing another change. Cases are rising again, especially in Guinea, where they almost doubled last week. Liberia continues to report low numbers but Sierra Leone still has high rates of infections.

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MacroBusiness Tuesday, February 24, 2015 - 10:14 Source

The post Tesla to accelerate the electricity death spiral? appeared first on MacroBusiness.

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North Coast Voices Tuesday, February 24, 2015 - 10:05 Source

The myriad of typos over the years one can laugh at – after all who doesn’t suffer from fat thumb from time to time.However, errors of fact are a different matter.In both its print and online version of the newspaper The Daily Examiner asserted this on 24 February 2015:[my bolding]This is sloppy reporting at best and at worst a deliberate distortion of fact.

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MacroBusiness Tuesday, February 24, 2015 - 09:51 Source

The post Macro Morning: Rollover appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2015 - 09:39 Source

I know it’s boring but it’s kind of funny too, Adam Carr at Dad’s Army: Reading the paper of late, it really is striking that we spend so much time talking about countries like Greece — a small economy with a population of about 11 million — and very little time talking about say Vietnam (90m people), […]

The post Mad Adam: Oz detached from reality appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2015 - 09:22 Source

The post Are Basel capital rules the biggest regulatory failure in history? appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, February 24, 2015 - 09:18 Source

Tony Abbott came to power promising to be a “no surprises, no excuses” government.

REPORTER: “The condition of the budget will not be an excuse for breaking promises?”

TONY ABBOTT: “Exactly right. We will keep the commitments that we make. All of the commitments that we make will be commitments that are carefully costed.” –Joint press conference, Colo Heights, NSW, 13 August 2013

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The Melbourne Urbanist Tuesday, February 24, 2015 - 09:02 Source

Is UTS’s new “Gehry” a smart way to market a university?

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MacroBusiness Tuesday, February 24, 2015 - 09:00 Source

Just out on the ASX boards: BHP Billiton Ltd.’s (BHP.AU) reported 47% decline in first-half profit amid a downturn in world commodity markets, and said it had further deepened cost-cutting to counter weaker prices as a decadelong resources boom fades. BHP–the world’s biggest mining company by market value–said it recorded a net profit of US$4.27 […]

The post BHP profits halve appeared first on MacroBusiness.

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Tuesday, February 24, 2015 - 08:57 Source

As popularity contests go, Westconnex - a proposed new tollway linking the west with the city of Sydney - is about as well liked as a carcinogen. Thom Mitchell explains.

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Tuesday, February 24, 2015 - 08:57 Source

As popularity contests go, Westconnex - a proposed new tollway linking the west with the city of Sydney - is about as well liked as a carcinogen. Thom Mitchell explains.

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MacroBusiness Tuesday, February 24, 2015 - 08:23 Source

The post The key to successful privatisation appeared first on MacroBusiness.

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Tuesday, February 24, 2015 - 08:11 Source

Meet the ‘death cults’ and ‘hate speech’ Tony Abbott should be condemning, but won’t. Max Chalmers explains.

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Tuesday, February 24, 2015 - 08:11 Source

Meet the ‘death cults’ and ‘hate speech’ Tony Abbott should be condemning, but won’t. Max Chalmers explains.

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Tuesday, February 24, 2015 - 07:55 Source

Sydney will today host the state funeral of black rights campaigner Faith Bandler. Dr Gary Foley looks back on his memories of a woman of warmth and charm.

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MacroBusiness Tuesday, February 24, 2015 - 07:38 Source

I overlooked the woes of Australia Post yesterday when it announced it would lose $6.6 billion over the next 10 years, after being a highly profitable asset for as long as anyone can remember. Today it gets a bit more interesting, from the AFR: Australia Post would introduce a two-speed mail service with an increase […]

The post Hello doom loop, Aussie Post appeared first on MacroBusiness.

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Prosper Australia Tuesday, February 24, 2015 - 07:21 Source

  Part of the Geoists in History series, a biographical take on influential economic thinkers, taken from our 112 year old Progress Magazine. “I propose to introduce the reform gradually and with the greatest care. A tax particularly burdensome should be first taken off, its net amount accurately calculated, and an equivalent laid upon the land. […]

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MacroBusiness Tuesday, February 24, 2015 - 06:59 Source

The post It’s a bit late to worry about debt servitude, Joe appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 24, 2015 - 05:03 Source

From The Australian: …the latest Newspoll survey reveals the government remains well behind Labor, only one-third of people believe the Prime Minister is in touch with voters and 77 per cent consider him arrogant. While Mr Abbott has been ­savaged by leaks and a motion from his own partyroom earlier this month to remove him as […]

The post Libs rally out of The Abbottalypse appeared first on MacroBusiness.

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Global Guerrillas Tuesday, February 24, 2015 - 04:50 Source

Saudi Arabia sees ISIS as an existential threat.  It has a reason to be scared, ISIS is a Wahabi jihad with updated technologies (social media) and techniques (open development).   That means when push comes to shove, Saudi troops will either a) turn tail and run or b) join up in droves.  To avoid this, the Saudis might attempt something radical:

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MacroBusiness Tuesday, February 24, 2015 - 04:20 Source

Some very solid analysis from Citi today: The miners have experienced a nice rise in 2015 so far and it is now time to figure out if this is just some positive ‘noise’ within a sector which may continue to disappoint in the next few months. Our fundamental view is that valuations in the mining sector are attractive […]

The post Citi: Beware the mining rally appeared first on MacroBusiness.

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Global Guerrillas Tuesday, February 24, 2015 - 04:15 Source

Back in 2003, the US was headed towards complete dependence on foreign oil.  Additionally, the demand for energy (particularly from China) was growing far faster than production, which meant an energy price spike was inevitable.  

Oilimp

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