Blogotariat

Oz Blog News Commentary
Friday, May 29, 2015 - 02:48 Source

They didn’t believe their own Red Alert. And so Katrina died.

Read more Views: 328
Friday, May 29, 2015 - 02:48 Source

I will be putting down sound versions of some of my verse and some of my thoughts on film and theatre, when I am taught the technology, on Ellis Gold.

A good recording of The Gielgud Memorandum will be on sale soon as a download for $4.95, and a good recording, hopefully, of The Jet Lag Monologues which Bob Carr, Terry Clarke, Simon Burke (hopefully) and I will be doing on Sunday June the 7th at 6.30 pm to climax the Bellingen Festival. Anyone who wants to come to it will be charged thirty dollars, or twenty-five dollars for students and pensioners, at the door.

Read more Views: 252
MacroBusiness Friday, May 29, 2015 - 00:05 Source

Here are the iron ore price charts for May 28, 2015: Spot rejected new highs. Singapore dancing on a pin. Dalian eased but fell sharply overnight to 422. Rebar average resumed its slide into the abyss. Texture from Reuters: “At the moment, if you have any medium to high-grade material from Brazil or Australia, it will

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 353
MacroBusiness Friday, May 29, 2015 - 00:03 Source

Cross-posted from Investing in Chinese Stocks. I had a feeling the A-share market had to be peaking, at least in the short-run, when people who don’t know the difference between an A-share, an H-share and a time share started asking me if ASHR was a good buy. Coverage of the market’s 6.5% plunge on Thursday

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 239
MacroBusiness Friday, May 29, 2015 - 00:01 Source

Macro, Markets & Investing Questions arise about banks’ role in FIFA bribery case – Reuters…not the banks, surely?… OPEC sees rivals boosting oil output despite weak prices – Reuters Norway’s Oil Fund to Exit Coal–Energy Journal – WSJ Hedge Funds Have Taken a Shine to Silver – WSJ The Tanker Market Is Sending a Big

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 254
Thursday, May 28, 2015 - 23:13 Source

There's gutter press, and then there's the Daily Mail Australia... the greatest argument yet for the regulation of the media. Chris Graham explains.

Read more Views: 284
laberal Thursday, May 28, 2015 - 20:05 Source
Read more Views: 968
Thursday, May 28, 2015 - 19:27 Source

In an apparent misunderstanding, the Greens' new leader aligned himself with Israel’s right wing Prime Minister. Members were not impressed. Max Chalmers reports.

Read more Views: 261
Thursday, May 28, 2015 - 18:59 Source

In a speech on the current migration crisis this week, the UN High Commissioner singled out Australia’s poor treatment of refugees stating: “I am also dismayed that in Australia, people on boats intercepted at sea are sent to detention...

Read more on the blog...

Read more Views: 361
Thursday, May 28, 2015 - 18:49 Source

Hard to overstate how bad the Monis/Brandis letters are for this government.

They were thought to be doing ‘national security’ well. They delved Ukrainian meadows, gouged oceans, dragged Arabs out of their suburban beds, sent troops to fight ISIS, planes to bomb them, warned adolescents they would get twice what you get for murder if you joined them. And it seems, now, they don’t know what they’re doing; and they never did. They didn’t believe in their own Red Alert; and they never did.

Read more Views: 365
Thursday, May 28, 2015 - 18:29 Source

Julie Bishop said it was wrong to say Brandis might have prevented the Lindt Cafe massacre and did not. Though true, she said, it was ‘playing politics’ with a ‘national tragedy’ to say it was and it should never, ever be mentioned again by anybody. When she was asked if Brandis’s people would do the same thing again Pyne shrieked that this was a ‘hypothetical question’ and therefore ‘out of order’ and Bronwyn warmly agreed.

You can’t make this stuff up.

Read more Views: 326
MacroBusiness Thursday, May 28, 2015 - 16:17 Source

Chris Weston, Chief Market Strategist at IG Markets Asia equity markets really are beating to their own individual drum at present, with such interesting and compelling market and economic thematics unique to the geography. Equity markets in China, Japan, Australia and Korea are exerting such limited correlations it is, in theory, making investors’ geographical preference

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 426
Thursday, May 28, 2015 - 15:30 Source

'All sizzle and no sausage' describes Tony Abbott's national security misadventures, writes Ben Eltham. 

Read more Views: 342
MacroBusiness Thursday, May 28, 2015 - 15:25 Source

From Fairfax: More borrowers are falling behind on their home loan payments in mining towns, as resources hot-spots feel the pain of plunging commodity prices, Standard & Poor’s says. “The fall in iron ore prices during the past 12 months has coincided with a rise in arrears in mining areas,” a report from the credit

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 287
MacroBusiness Thursday, May 28, 2015 - 15:15 Source

From around the web.: JPMorgan economist Tom Kennedy Weak numbers across the board. It looks like capex is going to be a bit more of a drag on GDP than we had pencilled in. We had 0.5 per cent and we are in the process of adjusting it. I would say there is some downside risk.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 270
The Australian Independent Media Network Thursday, May 28, 2015 - 15:08 Source

Few things in life give me greater cause for optimism than those light bulb moments when you finally get your stubborn head around an evidently simple concept. Whether it’s a diagnosing an electrical fault or learning how to gently drop a stylus into a record groove, the delicate art of reverse parallel parking or simply riding a bicycle, human capacity for learning never ceases to amaze me. We learn new ideas every day.

Read more Views: 432
MacroBusiness Thursday, May 28, 2015 - 14:59 Source

From the Kouk: Whoops! Private sector capital expenditure fell again in the March quarter. Down 4.4 per cent after a fall of 1.7 per cent in the December quarter. In trend terms, business investment has fallen for 11 straight quarters, something that has not been seen since the early 1990s recession. Since the Federal election

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 376
Thursday, May 28, 2015 - 14:55 Source

A Victorian judge has ordered the Department to pay costs after it ignored an initial ruling allowing lawyers to inspect the facility. Max Chalmers reports.

Read more Views: 384
Renew Economy Thursday, May 28, 2015 - 14:52 Source

Norway pension fund, the world's largest, to dump coal investments; ANZ launches largest Australian green bond for investment in renewables and low carbon buildings, while investors try to force Chevron to return money to shareholders rather than throwing it away on fossil fuel exploration.

Read more Views: 477
Renew Economy Thursday, May 28, 2015 - 14:52 Source

NSW special needs school overcomes heritage restrictions, tree shading to install a rooftop solar system to match its energy needs, including a heated pool.

Read more Views: 451
Renew Economy Thursday, May 28, 2015 - 14:51 Source

No snow coming in, more ice melting out. New climate data suggests global warming could leave the Mount Everest region glacier free by 2100.

Read more Views: 352
Renew Economy Thursday, May 28, 2015 - 14:51 Source

Latest global competitiveness rankings paint a bleak picture for Australia, which has now fallen behind NZ and is fast losing ground as a 'smart' economy.

Read more Views: 377
Renew Economy Thursday, May 28, 2015 - 14:50 Source

California has a 33% renewable energy target for 2020. Even in springtime, it is already achieving that target on certain days.

Read more Views: 443
MacroBusiness Thursday, May 28, 2015 - 14:33 Source

By Leith van Onselen Core Logic-RP Data has released new research showing that the current housing “boom”, which has been underway since May 2012, is far weaker and much narrower than the 2001-04 and late-1980s booms: For example, in Sydney prices have risen by 38.8% since May 2012, which is well below the 60.2% rise

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 312
MacroBusiness Thursday, May 28, 2015 - 13:54 Source

There’s lot’s of material floating around the media on today’s capex numbers most of which is like this from ANZ: “Today’s Capex release provides further evidence that the transition toward investment in the non-mining sectors remains quite some time away,” ANZ economists Felicity Emmett and Daniel Gradwell said. “The further decline, from an already weak outlook,

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 476
Renew Economy Thursday, May 28, 2015 - 13:39 Source

Pushing federal govt to change RET legislation can't be the only strategy. If it fails, Victoria must go around Abbott to set its renewables target.

Read more Views: 397
MacroBusiness Thursday, May 28, 2015 - 12:58 Source

The time has come to call a spade a spade. Australia is headed into recession in the next twelve to eighteen months. It may not technically meet the criteria of two successive quarters of negative growth (though the chances are increasing fast) given the large net exports uplift from commodity volumes but it’s not going to

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 319
MacroBusiness Thursday, May 28, 2015 - 11:55 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) today released data on capital expenditures (capex) for the March quarter of 2014, which registered a 4.4% seasonally adjusted fall in capex over the quarter and a 5.3% decrease over the year. The result badly disappointment analyst’s expectations of a 2.2% fall over the quarter

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 328
MacroBusiness Thursday, May 28, 2015 - 11:46 Source

The ABS has release the all important Private Capex survey for the March which contains the second estimate for the 2015/16 year ahead. The news is…well…disastrous: Estimate 2 for total capital expenditure for 2015-16 is $104,033m. This is 24.6% lower than Estimate 2 for 2014-15. The main contributor to this decrease is Mining (-34.9%). Estimate

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 315
Thursday, May 28, 2015 - 11:14 Source

Testing….

Italics gone.

Read more Views: 208

Pages