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Friday, March 6, 2015 - 17:09 Source

A stunning speech from Lydia Shelly, delivered to the NSW Greens International Women's Day Breakfast in Sydney yesterday.

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MacroBusiness Friday, March 6, 2015 - 16:06 Source

Chris Weston, Chief Market Strategist at IG Markets Asian markets have been mixed in the closing session of the week. There doesn’t really seem to be any significant concern from traders around the upcoming US payrolls report (090:30 AEDT), although clients have been net buyers of USD/JPY, which will be one of the cleaner ways […]

The post ASX at the close appeared first on MacroBusiness.

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MacroBusiness Friday, March 6, 2015 - 16:02 Source

What is Fitch on about? Fitch Ratings views positively the Reserve Bank of New Zealand’s (RBNZ) consultation on the capital treatment for mortgages to residential property investors. Higher capital requirements for investor loans combined with the existing loan to value ratio (LVR) limit could help protect banks against material losses in the event of a property […]

The post Fitch says NZ macroprudential credit positive appeared first on MacroBusiness.

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Prosper Australia Friday, March 6, 2015 - 16:01 Source

Property Boom or Bust – where are we in the cycle?  With Phillip J Anderson, author of The Secret  Life of Real Estate & Banking Tuesday March 17th, 6pm. Level 2, 22 Punch Lane, Melbourne. Strictly limited seats, $25 per person (includes light catering). Contrasting pressures need exploration. Property prices have skyrocketed. Bad debts have […]

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The Australian Independent Media Network Friday, March 6, 2015 - 15:42 Source

The Intergenerational Report  has been roundly condemned by most sections of the media, mainstream and social. Edward Eastwood throws in his two cents worth by re-blogging an old post which first appeared on his own site; The Mugwump Post

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The Tally Room Friday, March 6, 2015 - 15:30 Source

Waggawagga1-LIBWagga Wagga is a safe Liberal seat in south-western NSW, covering Wagga Wagga, Tumut and Lockhart.

Daryl Maguire has held Wagga Wagga since 1999, and now holds the seat by a 27.8% margin.

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MacroBusiness Friday, March 6, 2015 - 15:12 Source

From the SMH, apparently following ECBQE: One of the immediate beneficiaries should be mining giant Rio Tinto, according to analysts at Societe Generale. The mining company will attract investors looking for high-yielding stocks as the central bank’s QE program weighs down bond yields, Societe Generale’s Roland Kaloyan and Kevin Redureau said. The dual-listed miner is […]

The post For dummies: RIO is not a yield play appeared first on MacroBusiness.

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Renew Economy Friday, March 6, 2015 - 15:07 Source

New utility-scale solar commissioned in 2014 totalled 14.2GW, almost double 2015, and equal to global total at end 2012. Australia's contribution? Zero.

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Friday, March 6, 2015 - 14:57 Source

(From Sharon Rigby)

What do you expect from one of the biggest selling bands of all time, with a reputation for professionalism and perfection in every song they record, and in every concert they play? Well, whatever I expected, it was there in droves at All Phones Arena for the first of the Sydney concerts of the Eagles on their ‘History of the Eagles’ world tour. I have a number of friends who were unable to attend the concert, so I have tried to bring the feeling, sights and sound of the concert to them, and everyone else, through these words.

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Prosper Australia Friday, March 6, 2015 - 14:51 Source

Westwood Capital, a US finance firm, have a slide set out trying to pretend all is well with the US property market. I can’t recommend their thesis of US housing shortages and rent hikes, but perma-bulls might enjoy being stroked. Dross. Except slide 12 which breaks US BLS inflation components into Housing and All Items […]

Read more Views: 493
The Idiot Tax Friday, March 6, 2015 - 14:34 Source

Earn or learn. If not, you dole bludgers under 30 were to be without support for six months. This week we learn Employment Tsar, Erich Abetz of Stuttgart has softened his stance on that, amid the...

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The Idiot Tax Friday, March 6, 2015 - 14:29 Source

Every second Monday I used to hear a lawn mower fire up. I'd look out my apartment window and down below was Jim from Jim's Mowing. In what must have been one of the easiest jobs he ever had, he was...

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Renew Economy Friday, March 6, 2015 - 14:27 Source

A whole town in NSW's Hunter Valley may have to be moved to accommodate a coal mine expansion. Meanwhile, National MPs flee the chamber on votes about coal, gas and farmland.

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Friday, March 6, 2015 - 14:20 Source

Stephen Keim represented Mohamed Haneef, wrongly accused of terrorism. Here, he writes to the Indonesian President.

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MacroBusiness Friday, March 6, 2015 - 14:10 Source

From The West Australian: The WA Government has injected first financial aid for the State’s embattled iron ore juniors, with the Chinese-controlled magnetite producer Karara Mining receiving almost $2 million in royalty rebates. It comes as the Government considers whether to defer the royalty payments due from small hematite miners, such as the embattled Atlas […]

The post Comrade Colin’s royalty cheques arrive appeared first on MacroBusiness.

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Renew Economy Friday, March 6, 2015 - 14:05 Source

Byron Bay to announce zero net emissions initiative, including energy, transport, waste, transport and land use.

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Renew Economy Friday, March 6, 2015 - 13:47 Source

Bulldogs coach Des Hasler sign up a solar sponsorship: "Its all about electricity and energy costs."

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MacroBusiness Friday, March 6, 2015 - 13:36 Source

We all know that the RBA has been pushing a line for years that the missing link in the Australian recovery is business investment owing to poor “confidence”. I’ve railed against that any number of times noting that the actual problem is structural in that our competitiveness is shot owing largely to the consecutive booms […]

The post Corporate greed is killing investment appeared first on MacroBusiness.

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Renew Economy Friday, March 6, 2015 - 13:30 Source

HydroTas offshoot Entura wins €148,000 funding for plans to install mini-hydro power systems to existing water infrastructure in Durban.

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MacroBusiness Friday, March 6, 2015 - 13:16 Source

The post Iron ore miners hemorrhage as futures teeter appeared first on MacroBusiness.

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Renew Economy Friday, March 6, 2015 - 13:12 Source

In new attempt to nobble CEFC, Abbott's economic ministers instruct it to almost treble targeted returns, without raising its risk profile. Meanwhile, RET talks stall.

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MacroBusiness Friday, March 6, 2015 - 13:01 Source

Cross-posted from The Conversation. The sorry saga that is funding for Australia’s most crucial national research infrastructure has dragged on for too many years. It is now at crisis point. We should never have found ourselves in the situation that has become very public this week: the imminent closure of much of the crucial machinery […]

The post ‘Straya goes long dumb appeared first on MacroBusiness.

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The Tally Room Friday, March 6, 2015 - 13:00 Source

Baulkhamhills1-2PPBaulkham Hills is a safe Liberal seat in north-western Sydney, covering Bella Vista, Baulkham Hills and parts of Carlingford, Castle Hill, Kellyville, North Rocks and West Pennant Hills.

Liberal MP David Elliott has held the seat since 2011, and holds the seat by a 28.3% margin.

Read more Views: 391
The Idiot Tax Friday, March 6, 2015 - 12:52 Source

Over the weekend someone took a serious kick in the ghoulies. There was no camera to film the impact. There were no uploads to youtube, but there were plenty of serious giggles when the news leaked...

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Renew Economy Friday, March 6, 2015 - 12:49 Source

Just when everyone had pretty much written it off, the El Niño event finally emerged in February and could last through the spring and summer.

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Renew Economy Friday, March 6, 2015 - 12:48 Source

SunEdison buys Solar Grid Storage, allowing biggest renewables developer to offer battery storage solutions with its solar and wind projects worldwide.

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Friday, March 6, 2015 - 12:36 Source

The Fourth Intergenerational Report makes compelling reading. The gloomy picture painted is of an ageing Australia where the bulk of the citizenry pull their pants…

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The Australian Independent Media Network Friday, March 6, 2015 - 12:23 Source

On page vii of the Executive summary of the Intergenerational Report it states that the life expectancies for men and women are “91.5 and 93.6 years today.”

However, the ABS figures released on  06/11/2014 say

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MacroBusiness Friday, March 6, 2015 - 11:47 Source

The post Bank funding costs fall with ECBQE appeared first on MacroBusiness.

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Friday, March 6, 2015 - 11:12 Source

And other ridiculous tales from Joe Hockey’s Intergenerational Report. 

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