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Oz Blog News Commentary
MacroBusiness Tuesday, November 4, 2014 - 12:52 Source

From UBS, which uses an $85 baseline forecast for iron ore in 2015 comes the latest updates on the profits misses versus target: Diversifieds: All else remaining equal, our BHP & RIO earnings estimates for CY 15  would be -16% and -5% respectively under a spot scenario. Nevertheless, RIO would  trade on cheaper spot multiples […]

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North Coast Voices Tuesday, November 4, 2014 - 12:50 Source

Mayor: Richie Williamson LOCKED BAG 23 GRAFTON NSW 2460General Manager: Scott Greensill Telephone: (02) 6643 0200Fax: (02) 6642 7647FOR IMMEDIATE RELEASENovember 4, 2014Opportunity to learn about TimebankingCLARENCE Valley community groups and organisations who utilise volunteers have theopportunity to learn more about Timebanking - a

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MacroBusiness Tuesday, November 4, 2014 - 12:38 Source

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Renew Economy Tuesday, November 4, 2014 - 12:36 Source

Greg Hunt says the carbon price didn’t work. But two new studies show that coal generation and electricity emissions have jumped sharply sinc the carbon price was dumped by the government 100 days ago.

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Renew Economy Tuesday, November 4, 2014 - 12:36 Source

Greg Hunt says the carbon price didn’t work. But two new studies show that coal generation and electricity emissions have jumped sharply since the carbon price was dumped by the government 100 days ago.

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Renew Economy Tuesday, November 4, 2014 - 12:33 Source

Wind energy now supplies on third of the electricity needs of South Australia, and about six per cent of the nation’s electricity demand. That follows a big increase in wind energy generation over the last decade, which has seen its capacity jump from very little to more than 3,500MW. On October 6, wind energy in […]

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Renew Economy Tuesday, November 4, 2014 - 12:33 Source

Wind energy now supplies one third of the electricity needs of South Australia, and about six per cent of the nation's electricity demand.

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Renew Economy Tuesday, November 4, 2014 - 12:32 Source

Odds are firming that we will smash previous records with an unprecedented rise in our electricity sector emissions, by around 9% this financial year.

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Renew Economy Tuesday, November 4, 2014 - 12:32 Source

NSW department of planning and environment gives green light for 53MW solar PV power plant at Broken Hill.

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MacroBusiness Tuesday, November 4, 2014 - 12:22 Source

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Tuesday, November 4, 2014 - 12:09 Source

Beweep the loss of Whitlam, Gough.
Some thought him an arch, preening toff,
Some the nation’s lost messiah,
Or Labor’s towering pillar of fire.

He was more intricate than that,
Generous, testy, sly as a cat,
Prepared to tear the temple down
Like Samson, if denied the crown.

In his brief stormy thousand days
He strove to awe, delight, amaze
And build a new Jerusalem
For all, no longer us and them:

Suburban sewers, free degrees,
Black rights, Blue Poles, life drunk to the lees,
Art films, home brew, and drinking grants,
Feminism in hot pants,

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Renew Economy Tuesday, November 4, 2014 - 12:09 Source

As Australia aims for a future in coal, European energy giant is looking to dump its huge brown coal generation portfolio, and focus instead on renewables.

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Renew Economy Tuesday, November 4, 2014 - 12:05 Source

Not everyone is happy to see coal’s gradual demise – but that is where it appears to be heading, at least in the US.

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MacroBusiness Tuesday, November 4, 2014 - 11:54 Source

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MacroBusiness Tuesday, November 4, 2014 - 11:48 Source

From the ABS review of its labour force survey, all of the revisions are quite negative with headline unemployment up 0.1 to 6.2% and employed persons down across the board: This statement provides background information on issues identified in seasonally adjusted labour force estimates over the period July-September 2014, on the investigations undertaken to understand […]

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MacroBusiness Tuesday, November 4, 2014 - 11:39 Source

Cross-posted from Martin North’s DFA blog. According to APRA, interest only loans continue to grow as a proportion of all home loans. Recently Moodys warned about the increased risks which may stem from this type of loan. So the question is, should we be concerned, bearing in mind the recent RBA comments “indicative of speculative demand motivating a rising share of […]

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MacroBusiness Tuesday, November 4, 2014 - 11:34 Source

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MacroBusiness Tuesday, November 4, 2014 - 11:11 Source

By Leith van Onselen The ANZ-Roy Morgan Research (RMR) consumer confidence index was steady in the week ended 2 November at 114.6, remaining just above its long-run average reading of 113.2 (see next chart). “Perceptions of household finances compared to a year ago, the subindex most correlated with household consumption” was up another 0.9% last […]

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Renew Economy Tuesday, November 4, 2014 - 10:33 Source

Greg Hunt says he doesn’t want an emissions trading scheme, Clive Palmer says he does. But Hunt’s Direct Action plan might ultimately take us there anyway.

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Popular Science Tuesday, November 4, 2014 - 10:17 Source

Oh, hello. What have we here? I'm intrigued and I'm not even a penguin.

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Popular Science Tuesday, November 4, 2014 - 10:17 Source

There’s a smartphone in most of our pockets these days, containing our email, text messages, and so on—all of which could provide a wealth of information to police investigating a crime. But, in addition to the matter of self-incrimination, access to our smartphones could also open up to law enforcement a lot of sensitive and personal information that may be completely unrelated to the investigation at hand.

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Popular Science Tuesday, November 4, 2014 - 10:17 Source

In 2004, I sat down in a flight simulator at Scaled Composites with test pilot and engineer Peter Siebold. He'd built the simulator—a precise replica of the cockpit in Scaled's radically unconventional SpaceShipOne (SS1). That ship was the predecessor of SpaceShipTwo (SS2), which broke apart over the Mojave Desert on Friday. Siebold was at the controls at the time of the accident, with Mike Alsbury as co-pilot

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Popular Science Tuesday, November 4, 2014 - 10:17 Source

In the July 1963 issue of Popular Science, we detailed the work of Jacques Cousteau, an oceanographer who was building the Conshelf II -- an underwater habitat where he would set a world record living under the sea for 30 days. At the time,Cousteau predicted that “within 50 years a new breed of humans—Homo aquaticus, the Water Man—will live under water without an air supply.” 

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Popular Science Tuesday, November 4, 2014 - 10:17 Source

Humans have long dreamt of being able to talk with their best friends, but "dog-translator" devices are an old and hokey sort of concept. Yet now, a new communication invention by scientists at North Carolina State University seems to be much more realistic, allowing humans to talk to their dogs in a new, unique way. The device has many practical applications for a wide range of situations – from search and rescue missions to everyday training.

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Popular Science Tuesday, November 4, 2014 - 10:17 Source

This holiday season, robots are coming to a store near you (if you live in Japan or San Jose, California). But they won't be on store shelves. These robots will be helping you locate items on your shopping list.

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Popular Science Tuesday, November 4, 2014 - 10:16 Source

In this video, a drone aircraft carrier takes off into the sky with another drone on top of it. That second, more normal airplane drone, then takes off from a runway that is itself already flying. It’s like something straight out of The Avengers, but instead of a fictional platform costing untold billions of dollars, this is a real thing that someone made and flew in their backyard.

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Popular Science Tuesday, November 4, 2014 - 10:16 Source

In the land of accents and Uggs, the U.S. Department of Energy is getting ready to open its newest particle accelerator. The National Synchrotron Light Source-II, located on New York's Long Island, creates powerful X-rays and other kinds of electromagnetic radiation for nanotechnology studies.

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MacroBusiness Tuesday, November 4, 2014 - 10:03 Source

For fun only:   The first Tuesday in November has arrived and the Macquarie Quant team have focussed their factor model on Flemington, transforming racing stats into traditional Quant signals to rank the runners in the race.  Horses at the top of the model include Lucia Valentina, Signoff, Fawkner, Mutual Regard, Admire Rakti and Protectionist.  Each […]

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Cheeseburger Gothic Tuesday, November 4, 2014 - 09:54 Source

Brisbane had hard rubbish day just before the G20. It was our chance to shine. We failed.

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MacroBusiness Tuesday, November 4, 2014 - 09:32 Source

The bankers like to wave this threat don’t they, from The Australian: Handing down a record $7.6 billion cash profit, Mrs Kelly yesterday joined her banking CEO counterparts in urging the Murray financial system inquiry to consider the cost of forcing the big banks to increase capital levels. She also threw support behind comments by ANZ […]

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