Blogotariat

Oz Blog News Commentary
Prosper Australia Wednesday, April 8, 2015 - 15:02 Source

Following the recent Treasury submission to the Federal government’s Tax White Paper, which highlighted the positive marginal excess burden of Land Tax, is a more detailed analytical paper from Treasury using extensive modelling to report on the incidence and efficiency of major taxes in Australia. The report states: Our estimates of the additional welfare cost […]

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Renew Economy Wednesday, April 8, 2015 - 14:59 Source

Electric cars may seem like a niche product only wealthy people can afford, but new analysis suggests that may be changing quickly.

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MacroBusiness Wednesday, April 8, 2015 - 14:37 Source

Cross-posted from The Conversation: Our online privacy is constantly under threat. Our activities on the internet are monitored for a variety of reasons and our human right of privacy is often pitted against other human rights like freedom of expression. Such situations require an appropriate balance to be struck, and there are signs of privacy

The post Copyright trumps privacy in Dallas Buyers Club ruling appeared first on MacroBusiness.

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Renew Economy Wednesday, April 8, 2015 - 14:28 Source

Some interesting points on the “Gatton Solar Research Facility” from an Energy Express seminar over the weekend.

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MacroBusiness Wednesday, April 8, 2015 - 13:57 Source

Big news from the AFR: Mr Hockey met with a small group mining industry figures on March 30, including representatives from Australia’s biggest miners and the Minerals Council of Australia. While the main topic of the private meeting was tax reform and policy, The Australian Financial Review understands from multiple sources that Mr Hockey said

The post Hockey cans GlenRio appeared first on MacroBusiness.

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Renew Economy Wednesday, April 8, 2015 - 13:50 Source

Labor says will support big cut in renewables target, with promise to revise it if elected. Coalition refuses to budge as another big developer threatens to quit Australia.

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MacroBusiness Wednesday, April 8, 2015 - 13:46 Source

By Leith van Onselen The International Monetary Fund (IMF) has released its 2015 World Economic Outlook, which argues that the global economy is facing lower potential growth because of ageing populations, less investment and the limits of technology. Specifically, the IMF estimates that the average growth potential in advanced economies has fallen 0.5% from what

The post IMF: Poor demographics to stunt global growth appeared first on MacroBusiness.

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Renew Economy Wednesday, April 8, 2015 - 13:32 Source

Development in energy storage seems to be gaining momentum, particularly as grid feel the strain.

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Renew Economy Wednesday, April 8, 2015 - 13:10 Source

It's already obvious that as demand falls so do utility revenues, the question is how soon and how much?

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Wednesday, April 8, 2015 - 12:52 Source

Have you lost something valuable recently? Have you checked between the couch cushions? Maybe if you retrace your steps, you’ll find it. Reclaim…

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Renew Economy Wednesday, April 8, 2015 - 12:42 Source

An Australian Government inquiry has found a number of Chinese PV suppliers have dumped solar modules in the market, but it will take no action.

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MacroBusiness Wednesday, April 8, 2015 - 12:35 Source

Yes, it’s a real fizzer today for big iron. Following London’s maniac 4% rise in RIO the local market has barely managed 2% and BHP is less than 1%. FMG is powering though, up 5% on pure manure. To the indexes:   The idiocy spreads for the majors are again at records:   Death came

The post Iron ore rally fizzles as futures fade appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 8, 2015 - 12:08 Source

“Mad” Adam Carr takes housing bears to the woodshed today at Dad’s Army: On the read of one, the current house price spike will come to an abrupt halt over the next 12 to 18 months, as the construction boom picks up and an oversupply takes hold. On the other, households are constrained by high

The post “Mad” Adam: House price boom just starting appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 8, 2015 - 11:46 Source

This is a beauty from The Age: Billionaire Gina Rinehart’s ace? Her mine isn’t relying solely on sales to China, the biggest iron ore buyer. This limits the project’s exposure to a market where steel demand is judged to be peaking. Instead, she’s locked in supply contracts with three of the largest iron ore consuming

The post Roy Hill blows smoke as pressure mounts appeared first on MacroBusiness.

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Wednesday, April 8, 2015 - 11:45 Source

The Prime Minister apparently believes that if you can't see something, it's not real. Which helps explains the confusion around derivative markets, God and climate change.

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MacroBusiness Wednesday, April 8, 2015 - 11:37 Source

Dr Quan Gan, a senior lecturer in finance at the University of Sydney via the AFR: “The RBA protocols are based on the assumption that the rates decision is secret until everybody in the market gets the information at the same time. But time stamps are controlled by machines and as algorithmic trading bots become more

The post Here come the RBA excuses appeared first on MacroBusiness.

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Wednesday, April 8, 2015 - 11:28 Source

The Queensland Aboriginal MP at the centre of a political storm has confirmed he will not resign, but will continue to support the Palaszcuk government from the crossbenches.

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Antony Green's Election Blog Wednesday, April 8, 2015 - 11:04 Source

Could the Legislative Council election yet be voided because of an error with iVote?

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Renew Economy Wednesday, April 8, 2015 - 11:00 Source

The Abbott government’s energy white paper focuses on the old favourites – gas, coal and nuclear, and ignores climate. Wind energy gets a single mention, while rooftop solar is dammed for “cross subsidies”. But it does acknowledge that battery storage will create a “paradigm shift” that will require energy utilities to change their business models.

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MacroBusiness Wednesday, April 8, 2015 - 10:56 Source

By Leith van Onselen Fairfax’s Heath Aston has published an eye opening article today revealing how dividend imputation credits received by tax-free (mostly wealthy) superannuation holders over the age of 60 are costing the Budget some $6 billion a year in forgone revenue: The true extent of the damage to tax receipts by a system

The post Another rich retiree rort revealed appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 8, 2015 - 10:54 Source

Here’s the antidote to that Chovanec doomsayer, from Craig James at COMMSEC According to the latest data, Aussie consumers turned gloomy over the past week. There is no major explanation for the change. Data showed that home prices continued to rise. And there weren’t too many reasons for fresh concern about the global economy. But

The post One banker’s take on gloomy consumers appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 8, 2015 - 10:38 Source

And here is the big iron doom moment from Bloomie: CHINA MAY UNVEIL SUBSIDY TO IRON ORE PRODUCERS MID-APRIL: NEWS

The post Bloomie: China mulls iron ore subsidies appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 8, 2015 - 10:31 Source

By Leith van Onselen From The AFR’s Chris Joye comes his latest missive on the epic housing bubble developing in Australia: According to UBS, in March the ratio of Australian dwelling prices-to-disposable household incomes equalled – and is presently surpassing – the previous record of 5.3 times set back in September 2003. And they predict

The post Why this is not 2003 for housing appeared first on MacroBusiness.

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Wednesday, April 8, 2015 - 10:25 Source

The weekend's theatrics certainly did not prove to be a victory for the extreme Right in Australia. But it didn't flatter the far Left either, writes Dr Tad Tietze.

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MacroBusiness Wednesday, April 8, 2015 - 10:21 Source

Pfft, nah!

The post Chovanec: Iron ore and Aussie housing connected appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 8, 2015 - 10:10 Source

By Leith van Onselen The ANZ-Roy Morgan Research (RMR) consumer confidence index has tanked, slumping 2.6 points to 109.7 in the week ended 5 April to be tracking well below the long-run average of 113. It was the lowest reading for 8 months (see next chart).     The sharp fall in confidence was driven

The post Aussie consumer confidence smacked appeared first on MacroBusiness.

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Popular Science Wednesday, April 8, 2015 - 10:00 Source

The first time Popular Science wrote about stilbene, nuclear weapons were decades away from existing.

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xkcd.com Wednesday, April 8, 2015 - 10:00 Source

At the boundary between each zone, stories blend together. Somewhere in the New Mexico desert, the Roadrunner is pursued by a tireless Anton Chigurh.

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Popular Science Wednesday, April 8, 2015 - 09:59 Source

Having the right amount of body fat can be healthy, but most Americans have too much of it. A team of researchers led by a biologist at the University of California San Francisco has been investigating the cellular composition of this fat in order to engineer fat-burning drugs in the future that might help curb the obesity epidemic. The study was published recently in Nature Medicine.

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Popular Science Wednesday, April 8, 2015 - 09:59 Source

When it comes to dinosaurs, the Tyrannosaurus rex and velociraptor motorcycle gangs might get all the attention--with good reason. They look awesome:

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