Blogotariat

Oz Blog News Commentary
Wednesday, August 19, 2015 - 10:25 Source

Public health concerns like white privilege and racism were on the agenda at the Leaders in Indigenous Medical Education Network conference in Townsville last week (see more details in this previous post). These are also critical issues to address...

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Wednesday, August 19, 2015 - 10:18 Source

The expert reaction to Tony Abbott’s plan to have some Australians lose their citizenship makes brutal reading for the government. Max Chalmers reports.

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Cheeseburger Gothic Wednesday, August 19, 2015 - 10:04 Source

Especially its doomed attempt to chase down and avenge itself on the bogan in the top hat.

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xkcd.com Wednesday, August 19, 2015 - 10:00 Source

Yes, it took a lot of work to make the cards and pieces, but it's worth it--the players are way more thorough than the tax prep people ever were.

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Wednesday, August 19, 2015 - 09:58 Source

Michael Brull takes aim at 'new atheists' and a call in NM for politicians to publicly declare their religious beliefs. 

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MacroBusiness Wednesday, August 19, 2015 - 09:55 Source

By Leith van Onselen Earlier this year, the ABS released its annual population figures for Australia’s capital cities, which revealed that Melbourne has dominated the nation’s population growth, leading the way in each and every year since 2004 (see next chart). Over the decade to June 2014, Melbourne added just under 800,000 people – well

The post Melbourne’s population monster feasts on appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 09:53 Source

From The Australian: In an informal address to students at the John Curtin Institute of Public Policy in Perth this month, Barnett laid out what some are beginning to see as an emerging legacy on social policy, and one that defies his own description of himself as an “economic geek”. …With no clear sign Western

The post The upside of Barnett mismanagement appeared first on MacroBusiness.

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The Melbourne Urbanist Wednesday, August 19, 2015 - 09:00 Source

Is being “the world’s most liveable city” such a big deal?

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MacroBusiness Wednesday, August 19, 2015 - 08:59 Source

By Leith van Onselen Australia’s Productivity Commission (PC) has long been opposed to strengthening Australia’s intellectual property rules. Essentially, the PC’s empirical work on intellectual property has found that, as a net importer, Australians would lose more than it gained by granting stronger intellectual property rights, whether that involves: lengthening the period of the protection;

The post PC to review intellectual property laws appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 06:15 Source

If you want to know what the combined forces of a slowing China, tightening Fed and a mercantilist Europe are doing to the global economy then look no further that a couple of charts today from BofAML: That looks like extreme positioning but then consider the bull run enjoyed by emerging markets virtually uninterrupted since the

The post Will commodities trigger the next global shock? appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 06:14 Source

By Leith van Onselen Australia’s generous superannuation concessions for higher income earners have received more stick, with research from the Grattan Institute prepared for next week’s National Reform Summit arguing that a third of all taxpayers aged 60 to 64 topped up their accounts by $40 billion in 2012-13, according to an article published today in

The post Rich gorge at super trough appeared first on MacroBusiness.

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George Monbiot Wednesday, August 19, 2015 - 05:53 Source

Jeremy Corbyn is the only candidate who can revive the Labour Party. It’s the others who are chasing an impossible dream.

By George Monbiot, published in the Guardian 19th August 2015

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MacroBusiness Wednesday, August 19, 2015 - 04:42 Source

From QBELMI: “We have revised our FY15 gross written premium expectations down by around five per cent or $200 million,” QBE’s chief executive of Australia & New Zealand operations Colin Fagen said. “This is due to the delayed inception of the aforementioned new business opportunities, an industry-wide downturn in lenders’ mortgage insurance new business volumes,

The post QBELMI hit by macroprudential appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 04:06 Source

From Banking Day: The Australian Office of Financial Management has completed its third auction of residential mortgage-backed securities, accepting bids for A$122 million of the $500 million of securities on offer. It was another disappointment for the AOFM, which has sold $378 million of its RMBS holdings after putting $1.5 billion worth of securities up

The post Another RMBS dud for Bozo appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 04:04 Source

From The Australian: Tony Abbott has escalated his ­attack on anti-coal activists and challenged Labor to stand up for jobs, by moving to ban green groups from using the courts to stop major developments such as the Adani coalmine. The government used the ­announcement, which would strike out the provision in environmental laws that allows

The post Abbottalypse coal and Canning appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 02:35 Source

Yes, it’s true, following the first Republican debate the Donald is building his lead, from WaPo: Since the last poll it conducted, CNN/ORC found that Donald Trump had jumped five points among Republicans. Since the first presidential debate fell in between those two polls, it’s tempting to suggest that Trump’s lead continues to grow. But

The post Trump builds Republican lead appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 00:06 Source

Here are the iron ore charts for August 18, 2015:   It’s not a happy picture today despite Qingdao firming though Tianjin benchmark was flat at $56. Paper is sideways and Dalian fell 10 points overnight to 374. Rebar is flat at near record lows once currency adjusted. Coking coal futures are in free fall.

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

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MacroBusiness Wednesday, August 19, 2015 - 00:05 Source

The Brent oil price did another round trip last night down, up then down again to finish where it stared at $48.58. There was no real news of interest but a strong US dollar kept a lid on the bid. Some charts today from John Kemp tell and interesting story about the big short in

The post Daily LNG price update (the big short) appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 00:02 Source

It may be the most important indicator in China but it sure ain’t reliable according to a new study: Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual outlier from the pattern, with abnormally low, and suspiciously stable, unemployment rates according to its official statistics. This paper

The post China’s dodgy unemployment number appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 00:02 Source

Cross-posted from Investing in Chinese Stocks. Stocks pulled back from the 4,000 level. When the Shanghai Composite hits 4,500, normal selling can resume, so unless there’s a bullish market pushing stocks towards 5,000 or higher, investors are likely to rush for the exits. Beyond the 6.2% drop in Shanghai, the August CSI 500 futures contracts

The post Shanghai crashes in action replay appeared first on MacroBusiness.

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MacroBusiness Wednesday, August 19, 2015 - 00:01 Source

Global Macro / Markets / Investing: Surge in emerging market capital outflows hits growth and currencies – Financial Times Liquidity during Flash Events – NY Fed Should You Own Foreign Stocks? – rickferri.com The Commodity Currency Plunge Is Making the Oil Crash Even Worse – Bloomberg North America: Unicorns Hunt for Talent Among Silicon Valley’s

The post Links 19 August 2015 appeared first on MacroBusiness.

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WixxyLeaks Tuesday, August 18, 2015 - 22:06 Source

Help Crowd Fund The Jacksonville Book Here

Help Crowd Fund The Jacksonville Book Here

The Trade Union Royal Commission has been under a dark cloud since its inception, are the recent revelations regarding Commissioner Heydon the death blow?

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The Australian Independent Media Network Tuesday, August 18, 2015 - 21:43 Source
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Prosper Australia Tuesday, August 18, 2015 - 21:35 Source

There is no excerpt because this is a protected post.

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Tuesday, August 18, 2015 - 18:56 Source

Environment Minister Greg Hunt bungled the approval of Australia's largest ever coal mine, and then lost a court challenge. So, naturally, they're shifting the goal posts. Thom Mitchell reports.

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Delimiter Tuesday, August 18, 2015 - 17:20 Source

Treasurer Joe Hockey has asked the Productivity Commission to commence an inquiry into Australia’s intellectual property arrangements, in a move which will see the nation’s copyright regime reviewed yet again, following a series of similar reviews.

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Delimiter Tuesday, August 18, 2015 - 16:39 Source

The DTO is looking to make it mandatory for government agencies to create APIs for all new services, and to consume their own APIs when delivering those services.

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MacroBusiness Tuesday, August 18, 2015 - 16:17 Source

Angus Nicholson for Chris Weston, Chief Market Strategist at IG Markets China: liquidity continues to evaporate With today’s unsurprising CNY fixing, volatility in the CNY appears to have been put back in its box. However, the internal dynamics of China’s economy continue to flash warnings that this calm will not last. Calls for China to

The post ASX at the close appeared first on MacroBusiness.

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Tuesday, August 18, 2015 - 16:06 Source

It was clear this morning that yesterday’s bombing would end, or reduce, the tourist economy of Thailand. It was clear in 2005 that Hurricane Katrina had wrecked, at .least for a time, the tourist economy of New Orleans.

It was clear in 2011 that the Fukushima earthquake/tsunami/ meltdown had wrecked the economy of Japan. An earthquake in Haiti had done the same; two earthquakes that demolished Christchurch, and a succession of eathquakes in Nepal that destroyed, perhaps forever, an economy based on tourists who went there to hike and climb mountains.

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Delimiter Tuesday, August 18, 2015 - 16:00 Source

Keen to use your iPhone and/or Apple Watch to pay for goods and services at EFTPOS terminals around Australia? You're right out of luck, with Australia's major banks standing in the way of Apple's Pay service launching locally.

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