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Popular Science Monday, April 13, 2015 - 09:00 Source

If you could find out your baby's future health problems right after he or she was born, would you want to know? Some new parents will get to make that decision soon. This month, doctors in Boston will begin the BabySeq project, in which they will sequence the genomes of newborns to look for signs of diseases that begin in childhood.

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Popular Science Monday, April 13, 2015 - 09:00 Source

You probably get a lot of emails. Heck, maybe someone even sent you this article in an email. And you have likely developed a systematic approach to dealing with this digital avalanche that never seems to end. Even though email has been around for about two decades, researchers didn't have a good idea of how people were using it. For example, what is the average number of emails a person receives? Do people get overwhelmed by too much email? How long do threads go on?

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Popular Science Monday, April 13, 2015 - 09:00 Source

War takes a toll. And in Washington, former warships may take a toll as well--from drivers and motorists. As part of the state highway budget passed yesterday, Washington is funding a study on the feasibility of turning old Vietnam-era warships into a unique, destination toll bridge that spans the Sinclair Inlet. In the words of Washington State Representative Jesse Young, the bridge will serve as "a testimony and a legacy memorial to our greatest generation."

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Monday, April 13, 2015 - 08:50 Source

Now, News Corporation can attack every minority group in the country, without lifting a finger... well maybe one finger.

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Monday, April 13, 2015 - 08:50 Source

Now, News Corporation can attack every minority group in the country, without lifting a finger... well maybe one finger.

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MacroBusiness Monday, April 13, 2015 - 08:41 Source

By Chris Becker Friday brought about new highs on the FTSE, with the Nikkei pushing through 20,000 points, the Chinese stock bubble inflated higher with the rising tide lifting all boats even in the US as its earnings season rolls on amid fears the Fed may be raising rates sooner rather than later. Recapping the

The post Macro Morning (Europe roars) appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 07:39 Source

By Leith van Onselen There’s more evidence today of Australia’s woeful housing affordability forcing first home buyers (FHBs) to resort to unconventional means to secure a home, with Fairfax reporting a big rise in the number of FHBs using financial assistance from their parents to obtain a mortgage: National Australia Bank says the proportion of

The post The bank of mum and dad booms! appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 07:30 Source

Click to view Core Logic-RP Data’s latest weekly housing market update, which provides a useful snapshot of the housing market as at 12 April 2015. This week’s report includes: Latest weekly dwelling value results; Auction results & clearance rates; Latest median house & unit prices; Average time on market & vendor discounts; Mortgage market activity;

The post RP Data weekly housing market update appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 07:15 Source

The national auction clearance rate remains locked in orbit, driven again by super strong demand in Sydney and Melbourne. The preliminary national clearance rate was 79.0%, up marginally from the weekend before Easter (77.4%), with clearance rates running at their strongest level in six years in trend terms, from RP Data: Sydney’s clearance rate rose

The post Auction clearances approach the moon appeared first on MacroBusiness.

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Monday, April 13, 2015 - 04:59 Source

It is fairly certain Ed Miliband will head the next government in the UK. He will win about 283 seats, and the Scottish Nationals about 49, Plaid Cymru 1 and the Greens 2. This will give him 332 or 336 votes, more than the 325 he needs to survive a vote of No Confidence on the floor of the House.

He may rule alone, or seek a coalition with the Scots or the Liberal Democrats, who will win about 22 seats. He will be the first Jewish Prime Minister of Britain since Disraeli.

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MacroBusiness Monday, April 13, 2015 - 04:38 Source

From the AFR, Treasurer Hockey has begun the Budget leaks starting with iron ore: “There seems to be no floor. We are contemplating as low as $35 a tonne”…Mr Hockey said the revenue loss from iron ore would be exacerbated by write-downs in income tax revenue, a product of flat wages growth. The iron ore price

The post Joe’s Budget black hole gapes anew appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 00:30 Source

Gina Rinehart declared on the weekend that Australia is the next Greece: “Are our country’s business leaders just going to call for more handouts for their failing businesses struggling to be sustainable with the commodities crash?’’ she said. “But where can such taxpayer funds come from given our debt and that we’re having to borrow

The post WA bailout pulls plug on loon pond appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 00:29 Source

There’s a big poll divergence today for the Abbott Government today with Newspoll showing firming support: The latest Newspoll, taken exclusively for The Australian at the weekend, shows the Coalition has opened a five-point margin over Labor on primary vote to be ahead by 41 per cent to 36 per cent — its biggest lead

The post Abbott polls jump, crash appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 00:25 Source

By Leith van Onselen Roy Morgan Research (RMR) has released its unemployment estimate for the month of March, which registered a 0.2% fall in the unemployment rate to 10.8% from 11.0% in February. However, unemployment was down 0.8% over the year (see next chart). According to Gary Morgan: Roy Morgan’s employment estimates contain some positive

The post Roy Morgan unemployment 10.8% in March appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 00:14 Source

Here are the iron ore price charts for Friday April 10: Spot corrected as expected but paper is looking a little firmer with the 12 month holding up despite new lows for Dalian. The latter is up 4 points from Friday this morning. The rebar reversion marches on.  Texture from London Scrap: Despite a sharp

The post Daily iron ore price update (Montgomery says $10) appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 00:02 Source

Cross-posted from Investing in Chinese Stocks. Social mood is rising into extreme territory. Investors arbitraging between overpriced Mainland A-shares and fairly priced Hong Kong H-shares are one source of buying, but the main fuel for the latest rally is investors’ belief that they cannot lose——because the Chinese government itself will invest more money into equities.

The post Chinese stock maniacs proliferate appeared first on MacroBusiness.

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MacroBusiness Monday, April 13, 2015 - 00:01 Source

Global Macro / Markets / Investing: You’ve Never Heard of the Bull Market’s Best Stock Pickers – Bloomberg Stop using indicators to keep you out of the market – Dragonfly Capital A historical look at deflation – VOX Druckenmiller Recounting Soros Experiences Blasts Fed Policies – Bloomberg What really causes economic downturns? – weforum.org This

The post Links 13 April 2015 appeared first on MacroBusiness.

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The Australian Independent Media Network Sunday, April 12, 2015 - 19:28 Source

Now, I’ve just had a look at how the Direct Action Carbon Scheme works.

Apparently, companies bid and the one that promises to reduce emissions by the largest amount can access money for doing so at an agreed figure like $20 a tonne.

Luckily, I have a business. Ok, it didn’t actually earn any money last financial year, but that won’t stop me bidding. I think that I’m going to offer to reduce a billion tonnes of emissions.

Well, ok, I haven’t looked that closely and the fact that my business didn’t actually produce any carbon emissions last year may disqualify me from bidding.

I certainly hope not

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The Australian Independent Media Network Sunday, April 12, 2015 - 18:46 Source

With Julie Bishop flying off to try and broker a deal with Iran to take back asylum seekers who have been refused refugee status, it is worth looking at the human rights record and conditions in Iran.

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The Political Sword Sunday, April 12, 2015 - 18:30 Source

At the start of the year in my piece ‘Proud to be a bigot’ I mentioned that, before Abbott, Australian governments tended to look after those who were ‘down on their luck’. It was a phrase with which I grew up. People who were unemployed were not ‘dole bludgers’ then, nor even just bludgers (although there may have been a few, bludgers were usually identified when they were in work): they were ‘down on their luck’. I began to wonder why that approach has disappeared. A key aspect of the phrase ‘down on their luck’ is that it is an egalitarian phrase.

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Sunday, April 12, 2015 - 16:44 Source

Guess what we're doing in May? Unleashing a major investigation every week. Four big stories, with one big goal. Chris Graham explains.

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The Australian Independent Media Network Sunday, April 12, 2015 - 14:56 Source

I admire Rosie Batty. She has suffered immeasurable grief and tragedy with grace, courage and fortitude. She has moved forward, from the depths of despair with a resolute determination to highlight the issue of domestic violence and to try and change things for the better. Her obvious character and strength make her admirable choice for Australian of the year.

That said, the sight of the media scrum snapping happily while Abbott cozies up to her at every possible photo opportunity is scraping new depths, even for our minister for women.

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The Australian Independent Media Network Sunday, April 12, 2015 - 13:55 Source

Tim Dunlop, author of The New Front Page:New Media and the Rise of the Audience, argued recently that while the most exciting aspect of the new digital news media was the ability of the reader to directly interact with the writer, the downside was that readers and writers tended to form enclaves.

Especially as far as comments are concerned.

The critical question for a site such as AIMN is; How can the site attract more comments and above all, more people willing to pass comment?

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Sunday, April 12, 2015 - 13:42 Source

Simple. Just apply. You’ll get a start sooner or later. Chris Graham explains.

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Sunday, April 12, 2015 - 12:37 Source

I apologise to my too long neglected subscribers to Ellis Gold.

I am making amends.

My wife has just put up an unfinished text, The Age of Spin, abandoned when Don Watson’s rival work emerged and gazumped it, and not read before by anyone but the sorrowing head of Penguin; and soon, when the technology is sorted, she will add to this great wadges of And So It Went, which concern the sixteen months leading up to Howard’s immolation and the General Financial Crisis and Obama’s election, an exhilarating read at this distance in time.

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MacroBusiness Sunday, April 12, 2015 - 11:28 Source

Here’s some Sunday comedy courtesy of MB’s own Chris Becker. Enjoy!

The post Fall of the Iron Reich 3 appeared first on MacroBusiness.

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Sunday, April 12, 2015 - 10:54 Source

Naomi Wenitong of Shakaya fame has released a song to help community heal from the pain of a shocking tragedy in Cairns last year. Amy McQuire reports.

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Sunday, April 12, 2015 - 10:32 Source

Miners get rewarded for destroying our environment, while protestors cop massive fines. And it's about to get worse. Welcome to Mike Baird's new New South Wales.

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Saturday, April 11, 2015 - 23:47 Source

Medical student Jaime Fox writes about her placement in Utopia (Northern Territories) and the importance of the homelands movement with Dr Jonathan Kingsley, providing some evidence on the importance of traditional land (known as Country). This...

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MacroBusiness Saturday, April 11, 2015 - 22:20 Source

Sorry for the lack of W/E links, my youngest yard ape turned 8 yesterday so it was a bit of a crazy day. Global Macro / Markets / Investing: US warns of ‘increasingly unbalanced’ global economy – FT U.S. Growth Seen Slower Amid Dollar Headwinds WSJ Factories Be Warned: U.S. Wholesalers Face an Inventory Glut

The post Weekend links April 11-12 appeared first on MacroBusiness.

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