Blogotariat

Oz Blog News Commentary
MacroBusiness Monday, March 30, 2015 - 03:52 Source

From the FT: Most listed mainland homebuilders recorded a steady rise in revenue last year, but sharp declines in profit for many are a symptom of aggressive price-cutting designed to shift stock and generate much-needed cash in the debt-laden sector. …“With the downward pressure on the economy, the real estate industry will continue to undergo

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MacroBusiness Monday, March 30, 2015 - 03:31 Source

From Bocom International Holdings Co. via FTAlphaville on the ye auld Chinese share surge: Currently, the yield gap shown in our chart [ showing earnings yield minus bond yield in China versus the Shanghai Comp] is plunging nearing its historical extreme. If bond yield can continue to fall to the 3% range due to slowdown and

The post This time it’s different for Chinese stocks! appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2015 - 03:19 Source

By Leith van Onselen In his maiden Parliamentary speech, Family First senator, Bob Day (a former home builder), made the following comments in relation to Australia’s constipated land supply system [my emphasis]: The single most important factor affecting housing affordability has been land. In no other area of the economy has the interference of government

The post Choked land supply forces buyers to camp-out appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2015 - 01:15 Source

Yes, the bubble has gone global via Ellen: In case you’re wondering, De-Preston is an outer northern Melbourne suburb.  Good to see at least one Australian youth making hay from their parents lunacy.

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MacroBusiness Monday, March 30, 2015 - 01:10 Source

The national auction clearance rate delivered yet another mental result over the weekend, driven again by strong demand in Sydney and Melbourne. The preliminary national clearance rate was 77.5%, up marginally from last week’s 77.4%, with clearance rates still running at their strongest level in six years in trend terms: Sydney’s clearance rate fell 4.1%

The post Auction clearances going bananas appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2015 - 01:05 Source

Click to view Core Logic-RP Data’s latest weekly housing market update, which provides a useful snapshot of the housing market as at 29 March 2015. This week’s report includes: Latest weekly dwelling value results; Auction results & clearance rates; Latest median house & unit prices; Average time on market & vendor discounts; Mortgage market activity;

The post RP Data weekly housing market update appeared first on MacroBusiness.

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MacroBusiness Monday, March 30, 2015 - 01:01 Source

Global Macro / Markets / Investing: Oil Is Tumbling Again – Bloomberg Krugman: Unreal Keynesians – New York Times Krugman: Anti-Keynesian Delusions - New York Times Are Equities Overvalued? – Project Syndicate Reflexivity in the Stock Market - Pure Alpha Trade Biotech Stocks…and Benjamin Graham – Wall Street Journal North America: 47% of American households

The post Links 30 March 2015 appeared first on MacroBusiness.

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Monday, March 30, 2015 - 00:44 Source

This poem was written in April, 2014. It is in protest of civilian casualties that occur in any armed conflict. Irrespective of whether that conflict is otherwise entered into with the highest of objectives. Sadly. most modern conflicts do not often hold that moral high ground.   Peace Asleep, at last at peace, I dream of peace A lease Of life, not death. No pangs of hunger dull my children’s eyes; No silent drones scream […]

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Monday, March 30, 2015 - 00:16 Source

With Australian Prime Minister Tony Abbott announcing that his 2015-16 Budget would be a dull and boring one, it is reasonable to conclude that the over-the-top tax concessions for super funds and rich superannuates will remain unchanged.However, Abbott is endorsing the raising of fees paid by older low-income retirees and pensioners who want to stay at home for as long as possible in their later years.The Australian 25 March 2015: Older Australians will fail to get the help they need and commun

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Monday, March 30, 2015 - 00:15 Source

On top of government-owned Essential Energy’s fight with local governments over proposed increases in public lighting costs to councils across New South Wales which could see public lighting bills rise in the Northern Rivers by up to 73 per cent in 2015-16 and, unease over the company’s plans with regard to its Nymboida water licence, comes news that supply in

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Sunday, March 29, 2015 - 20:04 Source

Georgie Harman, CEO of beyondblue, writes: beyondblue recently released findings of an independent evaluation of the Stop. Think. Respect. ‘Invisible Discriminator’ campaign, which showed increased awareness of racial discrimination in people who...

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Cheeseburger Gothic Sunday, March 29, 2015 - 19:51 Source

Just when you thought too much Fanfest was barely enough, this arrives in the royal mail from Nowhere. (The post is notoriously unreliable from Nowhere).

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The Political Sword Sunday, March 29, 2015 - 19:30 Source

There have now been four Intergenerational Reports (IGR) from 2002  to 2015, issued by three treasurers: Costello (2),  Swan  and Hockey.

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Antony Green's Election Blog Sunday, March 29, 2015 - 19:14 Source

Explanations on how post-election results are updated to the ABC election website.

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Sunday, March 29, 2015 - 17:53 Source

Havana Liedown, George Theo and Double Dissolution are banned for life. Havana Liedown spoke of my rectal polyps, unfeelingly. I need no medical advice from him.

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The Tally Room Sunday, March 29, 2015 - 16:22 Source

The figures in this spreadsheet are based on figures at midday on Sunday. Numbers may slightly change on late counting.

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Sunday, March 29, 2015 - 15:16 Source

Unlike other opposition leaders, Luke Foley kept his pants on during the NSW election campaign. And it seems to have re-invigorated the left… from another party. 

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Sunday, March 29, 2015 - 13:36 Source

Back in June 2014, the Israel Attorney General authorized the use of torture against any Palestinian prisoner. A clear crime against humanity. Was there outrage? Not in this world. Here is a poem, for the Palestinian terrestrial soul. It’s title? No World. No World No world stands strongly by, No world will watch them die, No world will hear them cry.   No world will hear their plea, No world will dare to see, No […]

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TPS Extra Sunday, March 29, 2015 - 13:00 Source

Although commentators in the Fifth Estate warned over and again what to expect from an Abbott government long before the electorate decided to give it a go, how many expected it to be as awful as it has turned out to be?

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TPS Extra Sunday, March 29, 2015 - 12:00 Source

Although commentators in the Fifth Estate warned over and again what to expect from an Abbott government long before the electorate decided to give it a go, how many expected it to be as awful as it has turned out to be?

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Sunday, March 29, 2015 - 11:13 Source

An endangered parrot which flies further than any other for love, has found a less than loving attitude from governments threatens its very existence.

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Sunday, March 29, 2015 - 10:43 Source

The NSW Greens have put paid to the theory they're only capable of winning inner city seats, with a stunning result overnight.

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Sunday, March 29, 2015 - 10:06 Source

Some thoughts about last night, which I will add to as they come to me in the next hours and days.

Luke Foley was elected by the Lindt Cafe siege, and the coincidence that Robbo had spoken up for Man Monis, a constituent. This was a few days before Christmas. Had Luke arrived in August, there would have been time for us to have got to know him, and to have been attracted by his incisive and plausible way of speaking in rivetting, cogent sentences persuasively.

Why Labor stuck so long with Robbo baffles me. Why they elected Robbo astounds me. He both looks and sounds like a small-time gangster.

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The Australian Independent Media Network Sunday, March 29, 2015 - 08:10 Source

Australia’s rush to embrace sweeping powers to access the digital footprints of its citizenry has raised the existential age-old question: What is a journalist?

The development of the government’s data retention bill and its implications were woefully under-reported by those most obviously fitting the description until we got to the pointy end of the law-making.

One honourable exception to prove the rule was Bernard Keane at Crikey who has been writing extensively on the issue for months, if not years.

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Sunday, March 29, 2015 - 00:19 Source

From the NSW Electoral Commission Virtual Tally Room at midnight on 28 March 2015.Counting is still ongoing.Ballina initial primary voteThe Greens Tamara Smith wins.Swing way from the Nationals 31.9%.Clarence initial primary vote

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Sunday, March 29, 2015 - 00:16 Source
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Sunday, March 29, 2015 - 00:15 Source

Same subject and two polls show a similar two-party preferred result.Morgan Research: March 23 2015Finding No. 6138Topic: Federal Poll Public OpinionFinding No.

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The Tally Room Saturday, March 28, 2015 - 23:12 Source

On current figures, the next NSW Legislative Assembly looks set to include 37 Liberals, 16 Nationals, 33 Labor, 3 Greens, 2 independents and two seats remain undecided.

The two remaining seats to be decided are Gosford, where Labor is leading, and Lismore, which will be decided between the Nationals and the Greens, and I’ll get into below.

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Saturday, March 28, 2015 - 22:22 Source

In many places today life, or at least death, is cheap. But even elsewhere as the years pass people close to you pass away. The emotions are similar no matter what the cause.

Perhaps this poem will let you see that others, complete strangers, share similar feelings.

 

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The Australian Independent Media Network Saturday, March 28, 2015 - 18:58 Source

My son is doing Year 12 Business Management, so I decided to have a look at what he’d be examined on at the end of the year. I saw a question about John Kotter’s theories of managing change and in that serendipitous way that things happen, I noticed a book by him the next day. The book was called, “Our Iceberg Is Melting”.

Well, I bought it, read it and wondered why it needed a fable about penguins to make the same points that he made in his slightly longer book. Perhaps he was concerned that some people don’t read books unless they have cartoons in them.

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