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Popular Science Tuesday, July 28, 2015 - 08:44 Source

Ouya, the most-crowdfunded video game console ever, has officially been sold to Razer, and the dream of a crowdfunded console has gone along with it. To truly prove that a internet-supported, fourth-party game console could enter the mix, Ouya needed to stand on its own two legs; this acquisition by a company best known for computer peripherals shows they just couldn't do it.

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Popular Science Tuesday, July 28, 2015 - 08:44 Source

It's a nighmarish situation: A gigantic snake slowly curls around your body, enveloping you in its slithery embrace. You begin seeing stars, and start gasping for breath. But your life will not end because you're suffocating. Actually, it's more like you're having your insides squeezed shut.

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Popular Science Tuesday, July 28, 2015 - 08:44 Source

Before the first warship ever set sail, its crew was faced with a serious constraint: limited space. Through centuries, navies have improved on that front, with dense foods, hammocks or bunkbeds layered tight, and with careful planning of what precisely is needed, plus a fleet of logistical resupply ships to fetch spare parts as needed. On that last front, the future offers a bold possibility: 3D printing what's needed, storing only the raw material for the printer instead of a highly specialized selection of one-use parts.

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Popular Science Tuesday, July 28, 2015 - 08:44 Source

In the past few months we've seen laser internet in the sky and laser-generated holograms, but now lasers are going where they've never gone before: inside us.

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Popular Science Tuesday, July 28, 2015 - 08:44 Source

When the twin Voyager spacecraft launched in 1977, they carried with them two Golden Records encoded with the sounds of Earth. As the spacecraft flew past Jupiter, Saturn, Uranus, Neptune, and out to the edge of interstellar space, the Golden Records were intended to serve as a greeting to any extraterrestrials the spacecraft might encounter along the way—like a "bottle in the cosmic ocean," as the late astronomer Carl Sagan put it. Among the sounds selected to represent all of humanity were recordings of rain, a mother and child, stone tools, a heartbeat, and more.

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MacroBusiness Tuesday, July 28, 2015 - 08:30 Source

By Leith van Onselen Less than a year ago, the former Liberal Victorian Government signed the infamous East-West Link project deal, representing arguably one of the worst cases of infrastructure malinvestment in the state’s history. To understand just how bad the deal was for Victorians, it is worth recalling the history of the debacle. First,

The post Labor mulls another VIC infrastructure reaming [Updated] appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 28, 2015 - 08:07 Source

By Leith van Onselen The Australian’s Judith Sloan has penned a vitriolic piece today claiming that Labor leader, Bill Shorten, is a “coward” for siding with the unions in opposing the China-Australia Free Trade Agreement (ChAFTA). Sloan’s main argument revolves around the union’s claims that ChAFTA will allow the importation of cheap Chinese labour, thus

The post Labor is right to oppose China FTA workers appeared first on MacroBusiness.

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Cheeseburger Gothic Tuesday, July 28, 2015 - 07:33 Source

I was searching for a Blunty topic, not having much luck with the news cycle, and thinking it was going to be a toss up between Quade Cooper's tweet (and the need to for everyone to be given one Get-Out-Of-Jail-Free card on the Internet). Or Jimmy Barnes vs Reclaim Australia.

Neither really appealed, but then with one typo, I had my column.

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Cheeseburger Gothic Tuesday, July 28, 2015 - 07:26 Source

<h1>Open letter: we must stop killer robots before they are built</h1>

Toby Walsh, NICTA

More than 1,000 of the leading researchers in artificial intelligence (AI) and robotics have today signed and published an open letter calling for a ban on offensive autonomous weapons, also known colloquially as “killer robots”.

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MacroBusiness Tuesday, July 28, 2015 - 06:07 Source

Cross-posted from Martin North. NAB is the latest player to announce mortgage repricing changes, but with a focus in interest-only loans (whether owner-occupied or investment loans). “National Australia Bank today announced it will increase variable interest rates on interest-only home loans and line of credit facilities by 29 basis points. The changes are in response

The post NAB hikes rates on interest only loans appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 28, 2015 - 04:49 Source

Fresh from Roy Morgan: In late July L-NP support is down 3% to 46% cf. ALP 54% (up 3%) after Opposition Leader Bill Shorten sided with the Government on their ‘turning back the boats policy’ and committed Labor policy to ensure 50% of Australia’s energy needs are met with renewable energy by 2030. If a

The post Roy Morgan: When Bronny belted Tony appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 28, 2015 - 04:26 Source

Bonds rallied across the curve last night as falling oil kicked the stuffing out of inflation expectations. The Aussie 2 year rallied to within a whisker of 1.8% yield and finished at 1.83%, threatening breakdown:   Aussie yields rallied moderately across the curve but mostly at the long end as Fed hikes come under pressure:

The post Bonds rally sharply as Fed approaches appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 28, 2015 - 03:58 Source

Crikey it’s pathetic, from Tristan Edis: When questioned yesterday by Andrew Bolt about Labor’s 50 per cent renewable energy target by 2030, Labor frontbencher and a public critic of the Renewable Energy Target several years ago, Joel Fitzgibbon, said: “it’s not a policy – it’s an aspiration”. Shadow Environment Minister Mark Butler effectively confirmed that they

The post Labor 50% RET “aspirational” appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 28, 2015 - 00:36 Source

Here are the iron ore charts for July 27, 2015: Spot up strongly with Tianjin benchmark up 1.4% to $51.40 a tonne. Paper markets too. Dalian was unchanged overnight. Rebar average is off the canvass. The first Valemax disgorged its tonnages in China. Amid the Shanghai crash, what gives? Andy Home captures sentiment: Chinese overproduction and

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

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MacroBusiness Tuesday, July 28, 2015 - 00:30 Source

Brent oil crashed another 3% last night to $52.92 as I write. Some great charts from Morgan Stanley say it better than I can: Hello glut! In terms of market positioning we’re getting oversold, from John Kemp: So we may see a snap back soonish. But clearing that glut is going to take years. I am

The post Daily LNG price update (volume risk) appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 28, 2015 - 00:15 Source

Well, it’s good to see the Chinese communists have the stock market under control again. Not. Yesterday the bourse ended with its second largest crash on record, down 8.5% in one day: It’s not obvious why it happened but who can be surprised by it? Nobody has any idea what is going to happen next.

The post Shanghai stocks crash again appeared first on MacroBusiness.

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MacroBusiness Tuesday, July 28, 2015 - 00:01 Source

Global Macro / Markets / Investing: The Only Six Stocks That Matter – Wall Street Journal China Rout Leads Global Stocks Lower as Dollar, Italy Bonds Drop – Bloomberg Debt miracle: Why the country that borrowed the most industrialised first – VOX What Liberals Get Right About Poverty – Forbes Wealth doesn’t trickle down –

The post Links 28 July 2015 appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, July 27, 2015 - 20:55 Source

Yep, that was surely a surprise. I mean, who would have thought that someone who was a member of the Royal Family would have supported Hitler, who, after all, was stifling democracy and imposing anti-terrorist laws after the millionaire Jewish bankers and the Communists decided to put aside their differences and burn down the Reichstag. The Royal Family have a history of supporting democracy going back as far as Charlies the First.

Other things that surprise me include:

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Monday, July 27, 2015 - 20:09 Source

Stop the game. Don’t start it again until the racists stop. Chris Graham explains.

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Delimiter Monday, July 27, 2015 - 19:32 Source

Attorney-General, Senator George Brandis has raised the “alarm” over the Opposition’s decision to undertake a review of its support for the Government’s controversial Data Retention legislation, saying Labor must ‘stick to its word’ and continue to show support for the policy.

The article Brandis “alarmed” over Labor’s data retention review appeared first on Delimiter.

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Monday, July 27, 2015 - 16:26 Source

Beyond the question of boat turn backs, both major parties have failed to acknowledge a massive hole in Australia’s current response to refugees, writes Max Chalmers.

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MacroBusiness Monday, July 27, 2015 - 15:57 Source

Chris Weston, Chief Market Strategist at IG Markets Markets have opened on a fairly subdued note, although on a net basis the bears have got the upper hand. S&P futures are unchanged on the day, while commodity futures have generally been offered. AUD/USD has traded in a 33-pip range and is practically unchanged. Asian equities

The post ASX at the close appeared first on MacroBusiness.

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Renew Economy Monday, July 27, 2015 - 15:22 Source

Wind energy achieved record output across the National Electricity Market on Saturday, just as Tony Abbott and the Coalition launched a new attack against renewable energy.

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Monday, July 27, 2015 - 15:17 Source

The "party that represents environmental protection" has given some details about how it will achieve ambitious new goals for renewable energy generation and left nuclear policy untouched. Thom Mitchell reports.

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Delimiter Monday, July 27, 2015 - 15:16 Source

The Australian Signals Directorate appears to have released a guide to hardening Microsoft’s Windows 8 operating system, three years after the software was released for use by corporate customers, and as Microsoft is slated to release its next upgrade, Windows 10.

The article ASD releases Windows 8 hardening guide appeared first on Delimiter.

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Renew Economy Monday, July 27, 2015 - 15:15 Source

Qld govt calls for EOI to build a solar electric vehicle fast-charge service station near Townsville, as first in possible 1600km electric 'super highway'.

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Renew Economy Monday, July 27, 2015 - 15:08 Source

Ambition is not on the agenda for the Abbott government in its climate policies. Coalition describes Climate Change Authority's recommendations as "staggering" as Abbott launches another extraordinary attack on wind energy, saying 23.5% renewables is "more than enough".

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Renew Economy Monday, July 27, 2015 - 15:02 Source

Bill Shorten's proposed policy for 50% of electricity to come from renewables by 2030 would bring Australia abreast with its international competitors.

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MacroBusiness Monday, July 27, 2015 - 14:59 Source

From The Australian: The Prime Minister, in his first public comments following the weekend conference, today predicted the enhanced renewable energy target would cost consumers “perhaps $60 billion or more” even without the impost of Labor’s floating carbon price. Mr Abbott conceded renewables played “an important part” in Australia’s energy mix but the government’s target

The post Abbott passes wind on beefed up RET appeared first on MacroBusiness.

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Renew Economy Monday, July 27, 2015 - 14:42 Source

Utilities warn Australia's 'do nothing' approach to electric vehicles could cost economy more than $350m over 20 years.

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