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Popular Science Wednesday, March 4, 2015 - 10:39 Source

James Bond may favor Aston Martins and Bentleys when he hits the road, but it turns out that Tesla Model S owners can channel a bit of the British superspy.

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Popular Science Wednesday, March 4, 2015 - 10:39 Source

Blowguns are profoundly simple weapons. A tube for darts, powered by the shooter's lungs, is enough to guide silent projectiles swiftly through the air, embedding a narrow point in wood, concrete or whatever else is on the receiving end.

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Popular Science Wednesday, March 4, 2015 - 10:39 Source

Trying to get a building to tell you how it's feeling is, well, like talking to a brick wall. But it doesn't have to be that way. Researchers with the GENESI project want to make it so walls can talk back, by creating various sensors to fit inside buildings, tunnels, and bridges. With the feedback collected from these sensors, inspectors will have a better understanding of how a city's infrastructure is holding up

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Popular Science Wednesday, March 4, 2015 - 10:39 Source

There's nothing worse than getting hacked. Ask anyone at Sony, which lost an estimated $100 million in the malicious hacks committed against the company last year. Silent Circle, a company founded by Internet security legend Phil Zimmerman, wants to bring those type of hacks to a halt.

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Popular Science Wednesday, March 4, 2015 - 10:39 Source

Earlier this morning the Villarrica volcano erupted in Chile, forcing thousands of residents and tourists to flee from the city of Pucón. Images of the eruption show a towering lava fountain glowing against the dark backdrop of the pre-dawn sky.

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MacroBusiness Wednesday, March 4, 2015 - 10:32 Source

By Leith van Onselen There’s an inter-generational war going on in the UK, which is also being played-out across most developed nations, whereby older generations are ‘making out like bandits’ at the expense of their children and grandchildren. Here’s the Financial Times: Average twentysomethings have seen their living standards slip from a position of comparative […]

The post The great grey gouge of the West appeared first on MacroBusiness.

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Wednesday, March 4, 2015 - 10:30 Source

Abbott Government attempts to force unions to 'open their books' have been voted down in parliament. Thom Mitchell reports.

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MacroBusiness Wednesday, March 4, 2015 - 10:21 Source

The post Macro Morning: Fade appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 09:44 Source

The post Stock on market surges in Perth, Darwin appeared first on MacroBusiness.

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Wednesday, March 4, 2015 - 09:42 Source

Everything you ever wanted to know about empathy, but were too upset to ask, from Dr Lissa Johnson.

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Wednesday, March 4, 2015 - 09:42 Source

Want to know why images of kids in detention are restricted? Why greyhound baiting is newsworthy and black deaths in custody aren't? It’s all about the empathy, writes psycholgist Dr Lissa Johnson.

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The Australian Independent Media Network Wednesday, March 4, 2015 - 09:29 Source

So we are sending more troops to Iraq. The first question that comes to mind is: Why? PM Tony Abbott says “this is absolutely in the best interests of Australia,” which leads us to the next question: How?

Let us remember that our first foray into Iraq in 2003 was an illegal invasion of a sovereign nation, politically motivated and based on contrived intelligence. After hostilities supposedly ceased, we set about training a section of the Iraqi army that had been officially disbanded by the American administration.

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MacroBusiness Wednesday, March 4, 2015 - 09:25 Source

From the AIG: The services sector expanded for the first time in 12 months in February, following generally stable conditions in January. The seasonally-adjusted Australian Industry Group Australian Performance of Services Index (Australian PSI®) improved again by 1.8 points to 51.7 points in February. Much of this growth was concentrated in the health and community and financial and insurance […]

The post Bank boom pushes services PMI up appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 09:25 Source

The AFR goes all bear porn today: Highly regarded Australian Ethical Investment portfolio manager Mason Willoughby-Thomas warns “the risk of capital loss once monetary conditions eventually normalise could be significant as investors rush for the door en masse.” …Baillieu Holst equity analyst and author of market newsletter Sunset Strip Mathan Somasundaram is also comparing current stock market […]

The post Bears roar! appeared first on MacroBusiness.

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The Tally Room Wednesday, March 4, 2015 - 09:15 Source

Murray2Murray is a safe Nationals seat in south-western NSW. The electorate was renamed from Murray-Darling after losing Broken Hill, and taking in a large part of the abolished seat of Murrumbidgee. The seat covers Griffith, Leeton, Deniliquin and Wentworth.

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Wednesday, March 4, 2015 - 08:49 Source

Today marks 'Fight for Our Rights' Day across the country. Darrin Barnett explores the new life breathed into the union movement.

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MacroBusiness Wednesday, March 4, 2015 - 08:25 Source

The post SQM: No housing bubble appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 04:56 Source

From the AFR: China’s 15th richest man has 90 days to sell one of Sydney’s finest homes, at whatever cost, or face the prospect of prosecution. The $39 million Point Piper mansion Villa de Mare was sold last year in contravention of existing laws that prohibit foreigners buying property without government approval, Treasurer Joe Hockey […]

The post FIRB forces $36m foreign buyer property sale appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 04:55 Source

It’s a rare good day for Prime Minister Abbott today with several stories suggesting his immediate crisis has passed. The first is Malcolm Turnbull offering praise, from the AFR: Malcolm Turnbull has lauded Tony Abbott as an intelligent, courageous, brave and thoughtful man but added the only attribute that really matters is that the Prime […]

The post Has The Abbottalypse passed? appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 04:54 Source

By Leith van Onselen Fairfax’s Peter Martin is reporting today that the Australian Chamber of Commerce and Industry (ACCI) has called on the text of the Trans-Pacific Partnership (TPP) – the US-led trade agreement between 12 Pacific rim nations (including Australia) – to be opened and negotiations monitored in real time by the Productivity Commission (PC): […]

The post Business rallies against secretive TPP trade talks appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 01:57 Source

The post World Bank offers iron ore a ray of hope appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 01:50 Source

The post Assessing RIO risk appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 01:49 Source

From the AFR: Mr Glasenberg went to lengths on Tuesday to position himself as a superior marketing manager to his counterpart at Rio Tinto and the other iron ore majors, which continue to pump tonnes into a heavily depressed market and push down prices. Glencore is slashing its annual Australian coal production by 15 million […]

The post Glencore attacks RIO again appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 01:45 Source

By Leith van Onselen The RBA has released its commodity price index for February, which registered another 2.7% fall in SDR (currency weighted) terms – the key determinant of the terms-of-trade – but a small 0.1% rise in Australian dollar terms, on the back of ongoing currency depreciation: Preliminary estimates for February indicate that the […]

The post Commodity price index keeps on falling appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 01:27 Source

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

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MacroBusiness Wednesday, March 4, 2015 - 01:10 Source

The post Daily LNG price update (Wood Mac gloom) appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 4, 2015 - 01:01 Source

Global Macro / Markets / Investing: Two Theories on Berkshire Hathaway – New York Times Buffett and Hedge Funds Share a Trait: No Alpha – Alpha Architect Company Cash Bathes Stocks as Monthly Buybacks Set Record – Bloomberg This is nuts, where have all the bonds gone? – Financial Times Bank of England warns of […]

The post Links 4 March 2015 appeared first on MacroBusiness.

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Digitopoly Wednesday, March 4, 2015 - 00:44 Source

Short answer: it isn’t obvious that it can.

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Wednesday, March 4, 2015 - 00:16 Source

Having recently listened to Clarence Valley councillors debate before voting to deny a $2.8 million boutique redevelopment of the older-style Surf Motel in Yamba, primarily on the basis that the architect had kept the allegedly 100 year-old frontage footprint in the plans before council and the lift well was 97cm higher than allowed with part of the rear of the building 27 cm higher than allowed, I can appreciate the sense of frustration building in a section of the Maclean community at the same nine councillors approach to the latest move by the company behind the IGA supermarket development.The Maclean dispute has a long history and it’s

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Wednesday, March 4, 2015 - 00:16 Source

This was 'political commentator' Graham Richardson in The Australian on 27 February 2015:Surely, though, there must be savings to be made in disability pensions.

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