Blogotariat

Oz Blog News Commentary
Popular Science Wednesday, May 6, 2015 - 11:59 Source

Clingy isn't usually a positive adjective. But for the Northern Clingfish, it's not just a description, it's a way of life. The small fish can use their bellies like a suction cup, literally clinging to rough and slimy rocks, even in swiftly moving water.

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Popular Science Wednesday, May 6, 2015 - 11:59 Source

Whenever I play with the miniature computer in my pocket that I call a phone, I often think, “Wouldn't it be great if there was a way to lose this in a tree far from where I am?” PhoneDrone, a new crowdfunding project on Kickstarter, envisions a world where this is possible. The enterprise wants to turn smartphones into drones, combining all the thrill of unmanned aviation with the existential fear of losing one's phone to a gust of wind.

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Popular Science Wednesday, May 6, 2015 - 11:59 Source

More than 13 billion light years from our tiny planet, an ancient galaxy lurks. Named EGS-zs8-1, it's an extremely luminous cluster of stars—and it's the farthest galaxy we've ever seen.

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Antony Green's Election Blog Wednesday, May 6, 2015 - 11:50 Source

Which are the key seats that will decide the UK election.

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MacroBusiness Wednesday, May 6, 2015 - 11:44 Source

by Chris Becker One half of the countries retail duopoly surprised this morning with some bad news in its quarterly sales report, including another round of job cuts, totalling 800 positions. From Fairfax: Woolworths’ total third-quarter sales were down 2.1 per cent to $14.96 billion. The results were dragged down by negligible same-store growth at its

The post Woolies cuts 800 jobs amid dragging sales appeared first on MacroBusiness.

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MacroBusiness Wednesday, May 6, 2015 - 11:30 Source

by Chris Becker  Its hard to predict, especially the future, but there’s a combination of factors out there, embiggened by the RBA’s rate cut debacle yesterday, that suggest the top is in for bank stocks. Let’s count them off. Three of the majors have reported flat profits this week as they struggle to combine record low

The post Time to dump bank stocks? appeared first on MacroBusiness.

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Wednesday, May 6, 2015 - 11:24 Source

Richard Di Natale has become leader of the Greens after Milne's surprise departure. Thom Mitchell and Max Chalmers report.

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MacroBusiness Wednesday, May 6, 2015 - 11:16 Source

The HIA new home sales release for March is out: In March 2015, total seasonally adjusted new home sales increased for a third consecutive month, by 4.4 per cent. During the March 2015 quarter, total new home sales increased by 3.5 per cent to their highest level in over four years. This strong rise in

The post New house sales stall, ghost cities boom appeared first on MacroBusiness.

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Renew Economy Wednesday, May 6, 2015 - 11:06 Source

Australian Greens leader Christine Milne has announced her resignation as both head of the party and from the Senate.

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Renew Economy Wednesday, May 6, 2015 - 11:06 Source

Australian Greens leader Christine Milne has announced her resignation as both head of the party and from the Senate in 2016. Di Natale elected as new leader.

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MacroBusiness Wednesday, May 6, 2015 - 10:45 Source

by Chris Becker Commonwealth Bank (CBA) is the next cab off the banking ologopoly rank to report some pretty flat but still fat and taxpayer supported profits this morning. Following ANZ’s steady but squeezed result and Westpac shores up its increasing expensive capital with an equity raising, the biggest mortgage holder/pusher in the land offered

The post CBA dud profit smashes banks appeared first on MacroBusiness.

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MacroBusiness Wednesday, May 6, 2015 - 10:41 Source

From The Australian: Tony Abbott will announce in Perth as early as today that the ­federal government has agreed to hand Western Australia a one-off revenue bonanza of at least $600 million to compensate for the state’s plummeting GST share. In a move designed to placate Premier Colin Barnett — who last month threatened to “disengage”

The post Barnett rewarded for inept Budget management appeared first on MacroBusiness.

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Renew Economy Wednesday, May 6, 2015 - 10:34 Source

New report finds solar becoming increasingly attractive to US utilities – 72% of all new US installations in 2014 – led by falling PPA prices.

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Renew Economy Wednesday, May 6, 2015 - 10:25 Source

The launch of Tesla's Powerwall puts fossil fuels on the defensive, fighting the new normal of cheaper renewable supplies and storage.

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MacroBusiness Wednesday, May 6, 2015 - 10:24 Source

From UBS:   Price will have to go much lower to curtail production…

The post Updated iron ore miner breakevens appeared first on MacroBusiness.

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Renew Economy Wednesday, May 6, 2015 - 10:18 Source

Energy storage like Tesla's Powerwall is a game-changer, but still comes at a cost. We will need practical and economic strategies to complement it.

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Renew Economy Wednesday, May 6, 2015 - 10:13 Source

Tesla's Powerwall is being touted as a game changer because of price, but there's reason to suggest it won't work as people think.

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Renew Economy Wednesday, May 6, 2015 - 10:09 Source

New BNEF report shows that renewable energy adoption is growing in the world’s emerging economies nearly twice as fast as industrialised nations.

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xkcd.com Wednesday, May 6, 2015 - 10:00 Source

That seems like an awful lot of hassle when all I wanted was a cool sword.

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The Melbourne Urbanist Wednesday, May 6, 2015 - 09:59 Source

What’s the problem with elderly drivers?

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The Tally Room Wednesday, May 6, 2015 - 09:33 Source

Last year, I wrote up an analysis of the prospects for the current redistribution of federal electorates in NSW.

In late April, the final population data, provided to well below the suburb level, was released. In addition to updated population figures as of the end of 2014, the data also includes estimates of the population in each area as of August 2019.

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MacroBusiness Wednesday, May 6, 2015 - 09:22 Source

From Gotti at Dad’s Army, who channels our Harry again today: Sydney apartment developers like Harry Triguboff are very concerned at what is happening in Melbourne because they fear if the Melbourne apartment market cracks, it will spill over into Sydney. …In Victoria the cost of new apartment developments is set to rise sharply. Melbourne has attracted

The post Triguboffinomic panic 2.0 appeared first on MacroBusiness.

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Wednesday, May 6, 2015 - 09:17 Source

There’s been shock and dismay in the Australian health and medical community over the news that leading medical academic Stephen Leeder was sacked as editor-in-chief of the Medical Journal of Australia over  his opposition to the outsourcing...

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MacroBusiness Wednesday, May 6, 2015 - 09:06 Source

By Chris Becker Bond markets yet again proved why they’re so important to global risk last night with a continued rout, starting in European peripherals and extending into US treasuries (and of course, Aussies after yesterday’s RBA debacle) which also dragged stocks down. A surprisingly poor US trade deficit, which is set to subtract from

The post Macro Morning (RBA debacle) appeared first on MacroBusiness.

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Wednesday, May 6, 2015 - 09:06 Source

It was revealed that Abbott refused to be greeted by the gay partner of the Australian ambassador in Paris, after dining with him and threatening to ‘knuckle’ him in a screeching-match that followed three fine bottles of Veuve Clicquot at Yarralumla. This confrontation bestirred the mellifluous contempt of the entire French nation, many of whom supported gay marriage and disliked Aussie barbarians chundering prawns in the Louvre. It was thought they would raise, in revenge, the price of cheese.

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Wednesday, May 6, 2015 - 09:05 Source

The man who fought to get David Hicks out of Guatanamo Bay will be the keynote speaker at a major Melbourne conference.

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MacroBusiness Wednesday, May 6, 2015 - 09:03 Source

By Leith van Onselen Australian Finance Group (AFG) has released its housing finance data for the month of April, which registered a large drop in monthly mortgage applications, but a big increase year-on-year. The number of mortgage applications fell by 14.0% in April but were up 13.4% over the year to 9,661, whereas the value

The post AFG: Investor mortgage demand goes nuclear appeared first on MacroBusiness.

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MacroBusiness Wednesday, May 6, 2015 - 08:03 Source

From ABC’s Fact Check confirming MB’s own analysis: As property prices continue to rise across Australian capital cities, in particular Sydney, the debate around how to address housing affordability problems has intensified. The claim: Treasurer Joe Hockey says abolishing negative gearing could push up rents, because that’s what happened in the 1980s. The verdict: During

The post ABC on Hockey’s negative gearing lies appeared first on MacroBusiness.

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Wednesday, May 6, 2015 - 07:59 Source

An SBS journalist is out of a job for expressing an opinion. Wendy Bacon reviews the Twitter storm calling for his sacking.

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MacroBusiness Wednesday, May 6, 2015 - 07:57 Source

From the SMH: The Commonwealth Bank is only passing on part of Tuesday’s cut in official rates to home loan customers, but has taken the unusual step of raising some deposit interest rates. The country’s biggest bank on Tuesday said it would lower its standard variable mortgage rates by 0.20 percentage points to 5.45 per cent,

The post CBA keeps some rate cut appeared first on MacroBusiness.

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