Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, April 7, 2015 - 07:19 Source

From The Australian: The latest Newspoll, conducted exclusively for The Australian, shows Labor has a 52 per cent to 48 per cent lead over the Liberal-Nationals alliance on a two-party-preferred basis. WA is the next state due to hold an election, in March 2017, when Premier Colin Barnett will be seeking a third term after

The post Barnett Budget bumbling trashes polls appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 299
Prosper Australia Tuesday, April 7, 2015 - 07:00 Source

Rents always go up – don’t they? The 1.2 million negatively geared Australian tax payers whose property expenses exceed their rental income think so. Their cunning plan is to patiently wait while the rent ratchet turns their negative cash flows positive and net income losses into profits. If house prices stabilise at current levels – […]

Read more Views: 396
Prosper Australia Tuesday, April 7, 2015 - 07:00 Source

Rents always go up – don’t they? The 1.2 million negatively geared Australian tax payers whose property expenses exceed their rental income think so. Their cunning plan is to patiently wait while the rent ratchet turns their negative cash flows positive and net income losses into profits. If house prices stabilise at current levels – […]

Read more Views: 359
MacroBusiness Tuesday, April 7, 2015 - 00:20 Source

Is Joe Hockey ready for what’s coming in the iron ore market? There are two questions of vital national interest building to a head, both pertaining to iron ore market structure: the parallel fates of Fortescue Metals Group (FMG) and Rio Tinto (RIO) which together represent some 475 million tonnes of seaborne iron ore production, roughly 30% of

The post Is Joe Hockey ready to shape the global iron ore market? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 272
MacroBusiness Tuesday, April 7, 2015 - 00:19 Source

From the AFR: Responding to market talk that short-sellers are attempting to drive down Fortescue’s share price in an attempt to force Mr Forrest to sell his own holdings to pay back lenders, Mr Forrest said it would not work. “I have no margin loans at all. I have a very secure position. My wife

The post Twiggy blames the shorts appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 282
MacroBusiness Tuesday, April 7, 2015 - 00:17 Source

Here are the iron ore prices to April 2, 2015:   Thursday’s iron ore closing price was ugly at $46.70 for Tianjin benchmark, down $2.30 or 4.7%. Qingdao spot wasn’t much better falling 4.9% to $47.08. Friday’s price will be updated later today.   The Dalian price is Friday’s closing low so we might expect more spot weakness:  

The post Daily iron ore price update (massacre) appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 375
Tuesday, April 7, 2015 - 00:15 Source

Sky News on 3 April 2015 telling Australia what social media commentators have known since December 2013:In the year ended 30 June 2013 the then Labor Federal Government reported total revenue of $338.7 bill

Read more Views: 670
MacroBusiness Tuesday, April 7, 2015 - 00:11 Source

The oil market was bashed lower Friday and then leaped again last night as the big news was a successful outcome to Iranian nuclear negotiations with provision to lift the oil embargo. It is trading at $57.83 as I write. All sides are claiming victory for their respective domestic audiences but it appears a deal

The post Daily LNG price update (Iranian revolution) appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 295
MacroBusiness Tuesday, April 7, 2015 - 00:10 Source

Another spooky parallel between China and Australia today. Cross-posted from Investing in Chinese Stocks. The latest PMI report (2015年3月中国制造业采购经理指数为50.1%) gave a reading of 50.1, barely positive. The breakdown was as follows: The bottom right column is business expectations. At 61.3, manufacturers are the most optimistic they’ve been since exactly one year ago. Expectations are also the

The post China orders media to talk up property appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 303
MacroBusiness Tuesday, April 7, 2015 - 00:05 Source

March US non-farm payrolls shocked markets Friday and not in a good way. Here are the charts courtesy of Calculated Risk. Headline jobs were half expectations at 126k and there were 70k downward revisions to Jan/Feb:   The unemployment rate was stable at 5.5% but only because the participation rate fell:   Year-on-year growth is

The post US jobs fizzle appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 297
MacroBusiness Tuesday, April 7, 2015 - 00:01 Source

Global Macro / Markets / Investing: Broken Bond Market Complicates Fed’s Plan to Raise Rates – Wall Street Journal Would Benjamin Graham Have Hated Index Funds? – Wall Street Journal It’s Not the Inequality, It’s the Immobility – New York Times Big Investor Involvement Could Boost Bitcoin – Wall Street Journal Americas: The Real Reason

The post Links 7 April 2015 appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 299
Monday, April 6, 2015 - 19:05 Source

An illegal deep-sea poaching vessel that Sea Shepherd Australia has been pursuing for months has begun sinking. And you’ll never guess who turned up to save the crew.

Read more Views: 257
Monday, April 6, 2015 - 19:05 Source

An illegal deep-sea poaching vessel that Sea Shepherd Australia has been pursuing for months has begun sinking. And you’ll never guess who turned up to save the crew.

Read more Views: 443
Monday, April 6, 2015 - 13:32 Source

(From Doug Quixote)

Boyhood was a struggle. A struggle for the boy becoming a man, and a struggle for the reviewer.

It really is a remarkable film, shot over 12 years. Yes that’s right, 12 years from 2002 until 2014. The actors didn’t need much makeup to age the decade they aged. A labour of love for Richard Linklater the director. In more ways than one, for his own daughter plays Mason’s sister.

Mason (Ellar Coltrane) aged along his journey from 10 to 19 or thereabouts and of course the other actors fared no better!

Read more Views: 279
Monday, April 6, 2015 - 13:21 Source

Inside, I am alone. Outside people talk, walk, mingle, interact, perhaps even make love. Inside there is but I. My mother taught me to write I and not me. My mother is dead, her face bears a look of mild surprise. It lies in the dust two metres from her red, crushed, destroyed, body. Amidst the rubble that was my home. Amidst the bodies that were my family. It is quieter now. During the raids […]

Read more Views: 579
Monday, April 6, 2015 - 12:36 Source

The credibility of Israel's leadership is in freefall, a fact that appears lost on Australian leaders. Michael Brull explains.

Read more Views: 202
Monday, April 6, 2015 - 11:02 Source

Many thanks to Dr Melissa Stoneham and the Public Health Advocacy Institute of Western Australia for this latest instalment of Journal Watch. *** Melissa Stoneham writes: Vending machines – they are certainly versatile. You can get almost anything...

Read more on the blog...

Read more Views: 248
The Tally Room Monday, April 6, 2015 - 11:00 Source

The Entrance is a marginal seat on the Central Coast. It was won in 2011 by the Liberal Party’s Chris Spence. He was caught up in an ICAC investigation in 2014 and stepped down from the Liberal Party, and subsequently retired at the 2015 election.

Polling places in The Entrance at the 2015 NSW state election. Central in orange, East in green, West in blue. Click to enlarge.

Read more Views: 527
Monday, April 6, 2015 - 10:38 Source

Brandis considered gaoling for twenty-five years Matthew Gardiner, a Labor voter, for fighting on the right side in Syria — twice as long, that is, as one gets for raping, torturing and killing a child — while simultaneously pleading that two drug dealers, Chan and Sukumaran, go free. In a similar moral confusion Dutton allowed Saeed Hassanloo, an Iranian refugee, to starve himself to death, for the heinous crime of wanting not to be persecuted in Teheran, and craving instead a good life in a free country, Australia. ‘He should have been dead two days ago,’ a doctor said. ‘The damage may be irreparable now.’

Read more Views: 328
xkcd.com Monday, April 6, 2015 - 10:00 Source

One of the survivors, poking around in the ruins with the point of a spear, uncovers a singed photo of Richard Stallman. They stare in silence. "This," one of them finally says, "This is a man who BELIEVED in something."

Read more Views: 473
Monday, April 6, 2015 - 07:51 Source

Leviathan is among the world’s great films and it is not easy to describe. Ostensibly about the efforts of Kolya, a dim, drunken, angry, violent yet well regarded mechanic, to save his family home from a drunken, crooked, murderous mayor, Vadim, who seeks to acquire it by the application of a dodgy municipal regulation, demolish it and build on the site a luxury tourist hotel and an Orthodox cathedral, and the efforts as well of Kolya’s old army friend Dimitri, now a lawyer, to win a court case or negotiate a better settlement, it is about many other things as well, not least the moral abyss of Putin’s Russia.

Read more Views: 321
Monday, April 6, 2015 - 00:15 Source

Although News Corp tried to spin the outcome of this defamation case reported in The Age on 2 March 2015, the first judgment (set out below) delivered in this matter clearly shows why it had to settle. Human rights lawyer George Newhouse has won his defamation case against controversial News Corp blogger Andrew Bolt. In the NSW Supreme Court on Thursday, Justice Lucy McCallum ordered a verdict for Mr Newhouse and said News Corp was to pay his legal costs. The terms of the order - agreed to by both parties - requires the article to be taken down from News Corp's various online sites.

Read more Views: 798
The Australian Independent Media Network Sunday, April 5, 2015 - 23:57 Source

With Tony Abbott repeating ad nauseum that it will be anybody else’s fault other than his if the GST rises, you can be sure it will come up soon so, since it is impossible to get any truth out of the Coalition, it’s worth having a look at a few GST facts.

Read more Views: 534
The Political Sword Sunday, April 5, 2015 - 18:30 Source

Next time a conservative politician or acquaintance tells you that tax cuts for the better off will help the state or nation’s economy, you might want to have ‘the discussion’. Tax cuts for the better off is part of a theory of economics known as ‘trickle-down’ that seeks to prove that if the tax cuts are given to the better off, they will spend more, increasing the demand for goods and services to the direct benefit of the economy as well as the government’s tax revenue. So we’re all on the same page — here is a ‘trickle-down theory’ definition:

Read more Views: 1,083
Sunday, April 5, 2015 - 16:50 Source

They sang 'Only 19' to open the hate-proceedings on the Gold Coast. And the man who wrote the song is far from happy.

Read more Views: 315
Sunday, April 5, 2015 - 16:03 Source

(From Dali)

Writer-director Olivier Assayas and actress Juliette Binoche first worked together in the 1985 film “Rendez-vous”, which he co-wrote and which made her a star. Then in 2008, Binoche appeared in Assayas’ “Summer Hours”, after which she asked him to write something for her to star in. “Clouds of Sils Maria” is what he came up with, and it is intelligent and brilliant.

Read more Views: 420
The Australian Independent Media Network Sunday, April 5, 2015 - 09:34 Source

It’s time we reclaimed Australia. Because I love this country and I hate to see it being sullied by bigotry and racism. I’ve got a simple message for those people who think it’s acceptable to rally in capital cities on Easter Saturday in order to send a message about their hatred and intolerance of people who are different from them. You are not the type of Australians I want in our country. Of course I would never tell you that you must leave, and of course I wouldn’t imply that you should be forcibly removed.

Read more Views: 433
The Australian Independent Media Network Sunday, April 5, 2015 - 09:21 Source

An Easter reflection from Sir Scotch Mistery.

We are a weird mob, us Australian blokes. Here in the Australian Independent Media Network we are at pains to discuss the issues which are part of the political process which we rail against, but for most of us at the end of the day, we are deathly afraid of the elements that make up the nature of us as men.

Simply put, we are afraid of anything that comes out of our mouths which may indicate weakness.

Read more Views: 457
The Australian Independent Media Network Sunday, April 5, 2015 - 09:09 Source

Violence erupted between rival groups at the ‘Reclaim Australia’ yesterday.

Guest blogger Melissa Frost gives her views.

 

Are you happy, Abbott?

Australia is in the middle of a civil war it doesnt need to have.

An ideological civil war and today 4th April 2015 a near riot nationwide between those wanting multiculturalism and those opposing multiculturalism. And yet globally Australia is seen as one of the most successful multi cultural societies.

Read more Views: 398
The Australian Independent Media Network Sunday, April 5, 2015 - 08:00 Source


 

 

To help celebrate Chocolate Day….

Cake Recipe

1 1/2 cups of Self-Raising flour

1/4 cup of cocoa powder

1 cup brown sugar

1 teaspoon vanilla extract

1/4 cup light oil (oil of your choice, eg sunflower, macadamia)

1 cup of water

1. Preheat oven to 160°C / 320°F.

Line a cake tin with baking paper.

2. Sift together flour and cocoa, add sugar mix well.

3. Add vanilla extract and oil.

Read more Views: 410

Pages