Blogotariat

Oz Blog News Commentary
Monday, November 3, 2014 - 10:09 Source

A UN report said the human race will end if we don’t stop using coal. This was two weeks after Abbott said ‘Coal is our future’. It was cheaper, he said, to abolish our species than save it and this was ‘the economically responsible thing to do’. Billions a year would therefore be given to coal producers not solar power engineers, or to householders wanting solar panels on their roofs. Humankind would end but this made ‘all the economic sense in the world’.

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MacroBusiness Monday, November 3, 2014 - 10:08 Source

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MacroBusiness Monday, November 3, 2014 - 09:54 Source

From Deutsche: The emerging shift in Saudi strategy means that it may be stepping away from its predominant role as the sole provider of swing capacity in the market. This role encompasses both curtailments in times of oversupply as well as increases in response to unplanned supply disruptions. While both activities entail costs either in […]

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Cheeseburger Gothic Monday, November 3, 2014 - 09:43 Source

I'm a bit further than a third of the way through revisting The Stand with Thomas. We're both loving the audio book; Thomas because it's an entirley new and awesome stroy world, me because listening to the extended cut feels like rediscovering an old friend who had all of these secrets you didn't know.

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MacroBusiness Monday, November 3, 2014 - 09:28 Source

Yes, it’s a rebound in the PMI, to shrinking more slowly: The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) increased by 2.9 points to 49.4 points in October (seasonally adjusted), indicating conditions were very close to stable across the manufacturing sector this month (readings below 50 points indicate contraction). However, the three-month moving average moved slightly […]

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MacroBusiness Monday, November 3, 2014 - 09:16 Source

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MacroBusiness Monday, November 3, 2014 - 09:15 Source

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The Tally Room Monday, November 3, 2014 - 09:15 Source

Benambra1-2PPBenambra is a Liberal seat in north-eastern Victoria, covering Wodonga and surrounding rural areas.

Liberal MP Bill Tilley has held the seat since 2006, and holds the seat by a 15.9% margin.

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Cheeseburger Gothic Monday, November 3, 2014 - 09:05 Source

A few minor tweaks to the old clubhouse coming up. I'll be talking to Dan later today about setting up a dedicated site to sell my books. It won't be my bookstore. Instead it'll send you off to your preferred and geographically appropriate online retailer.

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WixxyLeaks Monday, November 3, 2014 - 08:07 Source

The release of the submissions of the Trade Union Royal Commission’s Counsel Assisting Jeremy Stoljar last week has certainly had people talking.

The biggest talking points have been the vindication of Julia Gillard and the condemnation of Kathy Jackson.

The Coalition have already shown us their response to Stoljars submissions, labelling them preliminary findings and saying that they won’t be providing a running commentary on the Royal Commission.

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The Idiot Tax Monday, November 3, 2014 - 07:55 Source

Here's one for those who buy and hold. Or for those who buy equities and suffer needling during every correction from the boomer in-laws - "why didn't you buy investment properties like we did?" Or...

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MacroBusiness Monday, November 3, 2014 - 07:51 Source

By Leith van Onselen ANZ’s bank’s Australian chief, Phil Chronican, has called for a “rational debate” on Australia’s property taxation laws, including negative gearing, warning that current arrangements have helped create an “irrational obsession”, whereby too much of the nation’s capital is being channeled into property. From The Canberra Times: “I do worry that some […]

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MacroBusiness Monday, November 3, 2014 - 07:49 Source

From Banking Day: The rapid growth of Macquarie Group’s Australian mortgage business prompted a series of questions from analysts at an investor briefing on Friday, when Macquarie presented its results for the September half.Over the six months to September Macquarie’s mortgage book grew by more than 16 per cent to A$19.8 billion. …Macquarie’s head of […]

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MacroBusiness Monday, November 3, 2014 - 06:31 Source

The national auction clearance rate rose over the weekend on the back of an increases in Sydney, with overall auction volumes down significantly on account of the Melbourne Cup in Melbourne. According to RP Data, the national weighted average preliminary auction clearance rate was 71.1% over the weekend, which was up 0.6% from the 70.5% […]

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MacroBusiness Monday, November 3, 2014 - 06:21 Source

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MacroBusiness Monday, November 3, 2014 - 06:20 Source

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MacroBusiness Monday, November 3, 2014 - 05:25 Source

Cross-posted from Investing in Chinese Stocks. The monthly CREIS report is out. Home prices fell an average of 0.4% in October, down from the 0.92% drop in September. 73 cities saw price declines, 27 price increases. The number of cities seeing gains of more than 1% fell from 9 cities to 5. Cities with price declines of […]

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MacroBusiness Monday, November 3, 2014 - 01:13 Source

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North Coast Voices Monday, November 3, 2014 - 00:15 Source

Metgasco Limited’s profile in the financial year 2013-14:* there were only 6,331 shareholders as at 30 June 2014* had 1,202,222 ordinary shares on offer on 30 June 2014 according to the company's 2013-14 annual report;* its largest shareholders were ERM Power (majority owned by the St Baker family) and the St Baker family of Queensland who held a total of 13.41% of the company’s fully paid ordinary shares;* held a 100% interest in three exploration licences on the NSW North Coast covering approximately 4,556km2, PELs 13, 16 and 426;* had three listed subsidiaries, Clarence Morton (No.1) Pty Ltd, Richmond Valley Power Pty Ltd and Loins Way

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North Coast Voices Monday, November 3, 2014 - 00:15 Source

The Abbott Government is now turning its ideologically blinkered eye towards ‘reforming’ the federation of states which underpins the Commonwealth of Australia.Then we had no national government.

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The Australian Independent Media Network Sunday, November 2, 2014 - 19:52 Source

The current wave of anti-politics is a dead end. Tim Dunlop’s article on The Drum, ‘A ‘lottery’ electoral system could break our malaise,’ is just one example. Dunlop often has something new and interesting to say, but this one leaves me shaking my head. How does he think government actually works?

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The Australian Independent Media Network Sunday, November 2, 2014 - 19:23 Source

Originally published on http://polyfeministix.wordpress.com/

Despite the IPA’s urgency for “Abbott to be more like Whitlam” because Whitlam ‘changed Australia, more than any other Prime Minister ever has,’ the IPA’s agenda for Abbott is very different.

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North Coast Voices Sunday, November 2, 2014 - 17:29 Source

Some of the images on mainstream & social media with reporting on the day as the Northern Rivers marched to show its resolve........NBN News  1 November 2014:In an unprecedented show of solidarity, around 10,000 people took to the streets of Lismore tod

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Sunday, November 2, 2014 - 17:10 Source

In the last few weeks, the Tony Abbott government has introduced a number of measures that will have a lasting effect on public and individual liberty. No individual may make any comment whatsoever on a matter that is declared to be in the interest of national security. There is no limit of what type of area may be so declared. Nor is there any effective mechanism to change a declaration, once it has been made. […]

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Sunday, November 2, 2014 - 16:58 Source

Great storms and bushfires afflicted Sydney and the Blue Mountains and Abbott refused to discuss Climate Change at the G20 — with Obama, Putin, or anybody. It would ‘go in a footnote’ he said, in ‘the final communique’. The ABC Board said two dollars thirty-five a week per household was a fair price for everything the broadcaster did — that is, four cents per person per day — and cursed him for eroding with cuts both blatant and sneaky the ‘nation’s spare university’.

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The Tally Room Sunday, November 2, 2014 - 12:00 Source

Narracan1-2PPNarracan is a safe Liberal seat in eastern Victoria, covering Warragul, Narracan, and a number of smaller rural towns between Melbourne and the Latrobe Valley.

The Liberal Party holds Narracan with a 16% margin. Gary Blackwood has held Narracan since 2006, when he defeated Labor MP Ian Maxfield.

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The Australian Independent Media Network Sunday, November 2, 2014 - 11:36 Source

Before the election the Coalition announced a series of inquiries, reviews and white papers that it would instigate if it were elected.  They included:

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The Australian Independent Media Network Sunday, November 2, 2014 - 11:30 Source

Look at this photo of Julia Gillard. Does this look like an innocent person – someone who has just been vindicated by a Judge as having played no part in any criminality in relation to a union slush fund 20 years ago? Or does it look like someone guilty, with questions to answer, being rushed away from cameras, refusing to make eye contact with her accusers?

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you said it... Sunday, November 2, 2014 - 09:55 Source
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North Coast Voices Sunday, November 2, 2014 - 00:16 Source

Tony Abbott became one of the true believers, convinced Gillard was corrupt or at least guilty of “something”. Abbott would tell colleagues he wouldn’t be surprised if Gillard “ended up in jail”. To place added pressure on the former PM, Abbott announced the Coalition, in government, would hold a judicial inquiry into the affair, adding other dodgy union deals such as the stinking mess of the Health Services Union.

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