Blogotariat

Oz Blog News Commentary
MacroBusiness Wednesday, December 24, 2014 - 09:01 Source

By Leith van Onselen The US Bureau of Economic Analysis (BEA) released its third estimate of the September quarter national accounts for the US economy overnight, which revealed that the economy grew at the fastest pace in 11 years, surging by a seasonally adjusted 5% annual rate (see next chart). According to the BEA: The […]

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The Australian Independent Media Network Wednesday, December 24, 2014 - 08:37 Source

“Name?”

“Joseph.”

“And the woman and kid are with you?”

“Yes!”

“Reason for crossing the border into Egypt?”

“King Herod is killing all the recently born children in the land.”

“So there’s no actual direct threat to you or your wife?”

“No, but the child…”

“We’ll get to the child. I’m just establishing that there’s no reason for you two to come.”

“The child could hardly travel alone.”

“All right then, couldn’t his mother have travelled alone?”

Read more Views: 421
The Melbourne Urbanist Wednesday, December 24, 2014 - 08:30 Source

Want a good novel to read over the holiday season?

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George Monbiot Wednesday, December 24, 2014 - 08:27 Source

A winter’s tale that won’t put you off your dinner. Much.

By George Monbiot, published in the Guardian 24th December 2014.

You don’t want me to spoil your Christmas dinner with articles about injustice and exploitation. So during the festive season I tell winter’s tales instead, strange, true but without political intent.

Read more Views: 572
MacroBusiness Wednesday, December 24, 2014 - 08:23 Source

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Wednesday, December 24, 2014 - 08:08 Source

Abbott did not go to Katrina’s funeral for fear he would be booed there and chose instead to spoil Christmas for many Sydneysiders by urging them to ‘be alert for bearded men with bombs in their underpants’ while shopping or eating oysters in David Jones. ‘I give this warning,’ he said, ‘and ask you to behave normally, as if I, heh heh, had not given it.’

Read more Views: 306
MacroBusiness Wednesday, December 24, 2014 - 06:30 Source

Global Macro / Markets / Investing: The stock market’s very merry 200-year history – Market Watch And 2014’s Worst Currency Was…Bitcoin – Bloomberg View The Inside Story of Mt. Gox, Bitcoin’s $460 Million Disaster – Wired Is the world becoming more equal? – glineq.blogspot.com Forget Inflation: Gold Is No Longer a Hedge Against Price Rises […]

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Read more Views: 323
Wednesday, December 24, 2014 - 04:22 Source

Despite the Martin Place siege having no apparent links to ISIL or to terrorism generally, Rupert and Tony are doing their best to usher in Christmas with a scary tale or two…….There are people who would do us harm and can do us harm [Prime Minister Tony Abbott during his latest Christmas news conference]

Read more Views: 458
Wednesday, December 24, 2014 - 00:16 Source

The estimated amount of plastic in the world's ocean represented by Blue Whales, the largest creature in the sea reaching up to 100 feet (30 meters) long and weighing over 200 tons (181 metric tons).

Read more Views: 433
Wednesday, December 24, 2014 - 00:15 Source

To misquote a well known saying; the mills of justice grind slowly.

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The Australian Independent Media Network Tuesday, December 23, 2014 - 22:13 Source

Is Tony Abbott concerned about some of the real problems in our society, asks Ray Borradale.

Mr Abbott, how much would it cost to provide effectively adequate numbers of police resources, jails, mental health institutions and necessary support services to deal with Australia’s escalating violent crimes, including but not limited to child abuse and domestic violence? What would it cost without diminishing any other government responsibility?

Read more Views: 537
Tuesday, December 23, 2014 - 18:34 Source

Should we thank the Treasurer for not messing things up as badly as we expected him to? Nick Rowbotham thinks not.

Read more Views: 336
Tuesday, December 23, 2014 - 18:16 Source

A truthful response by our elected leaders to the siege in Martin Place is crucial to good societal health. Dr Lissa Johnson explains why we got something else.

Read more Views: 306
WixxyLeaks Tuesday, December 23, 2014 - 17:24 Source

I thought I’d do a Xmas post this year, just for the hell of it.

Some may find it odd given that I don’t believe in a god, I think I stopped believing in a god around the same time I stopped believing in the tooth fairy. In my mind if there was a god that had any power or actually gave a crap there would be no war, poverty, natural disasters or conservative governments.

However I thought it may be nice to spread some good will about the place none the less.

Read more Views: 671
MacroBusiness Tuesday, December 23, 2014 - 16:02 Source

Stan Shamu for Chris Weston, Chief Market Strategist at IG Markets Asia fluctuates after recent gains Asian equities have been fairly choppy with some of the key markets retreating despite a record close for the S&P 500. The rally in US equities continues to roll on and seems unstoppable at the moment as it looks […]

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Read more Views: 306
MacroBusiness Tuesday, December 23, 2014 - 15:02 Source

From CommSec: In 2013, the Australian sharemarket recorded above-average growth with the All Ordinaries up 14.8 per cent and ASX 200 up 15.1 per cent (20-year average +6.8 per cent). In 2014, there has effectively been a ‘reversion to mean’ (or average) with Aussie shares up by around 1-2 per cent. A key reason for […]

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MacroBusiness Tuesday, December 23, 2014 - 14:08 Source

By Leith van Onselen NAB has today released its quarterly consumer anxiety index, which fell to 60.1 points in the December quarter, down from 62.3 points in the September quarter (see next table). Cost of living and government policy are claimed to be the biggest causes of anxiety for Australians, whereas perversely job security is […]

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Tuesday, December 23, 2014 - 13:52 Source

Now that we have a new Federal Health Minister, Sussan Ley, (who stands out in this picture for all the wrong reasons), what advice can we offer? And how will Peter Dutton’s time as Health Minister be remembered? Perhaps Minister Ley – who has...

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MacroBusiness Tuesday, December 23, 2014 - 13:48 Source

By Martin North, cross-posted from the Digital Finance Analytics Blog The Bank for International Settlements (BIS) has just released a proposal to strengthen the existing regulatory capital standards for discussion. This is one of a number of initiatives which are all driving capital requirements higher. The proposed Revisions to the Standardised Approach for credit risk […]

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MacroBusiness Tuesday, December 23, 2014 - 13:38 Source

By Leith van Onselen Bankwest has released its 2014 First Time Buyer Deposit Report, which reveals that the dream of home ownership is slipping away from first home buyers (FHBs), with the number of years taken to save a home deposit increasing further in 2014: …the average first time buyer (FTB) couple would need to […]

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Renew Economy Tuesday, December 23, 2014 - 13:38 Source

Lima talks did not go far enough to engender confidence for an ambitious global pact in Paris, but it has pulled negotiations back from the brink of collapse.

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Renew Economy Tuesday, December 23, 2014 - 13:38 Source

Lima talks did not go far enough to engender confidence for an ambitious global pact in Paris, but it has pulled negotiations back from the brink of collapse.

Read more Views: 337
Renew Economy Tuesday, December 23, 2014 - 13:23 Source

After a big year, and more than one million visitors, we're having a break. We'll be back in 2015, bigger and better, with some exciting new features and additions.

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Renew Economy Tuesday, December 23, 2014 - 13:14 Source

New York's main utility is proposing $200m distributed energy investments, to avoid $1 billion of upgrades to centralised grid.

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The Australian Independent Media Network Tuesday, December 23, 2014 - 12:48 Source

It’s been a punishingly busy year for the coalition. With so many pressing items on their to do list, like:

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Renew Economy Tuesday, December 23, 2014 - 12:43 Source

Australian-founded Atlantis Resources says construction of its 400MW MeyGen project in UK – the world’s largest tidal energy plant – to begin next month.

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Renew Economy Tuesday, December 23, 2014 - 12:38 Source

German primary energy consumption reportedly declined sharply in 2014. As a result, greenhouse gas emissions might drop to a new record low.

Read more Views: 395
The Australian Independent Media Network Tuesday, December 23, 2014 - 12:16 Source

In October, Labor voted to pass nearly $3 billion in budget savings with revised welfare legislation which will see Family payments cut and young people on a disability support pension will have their cases reviewed.

The laws will:

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Tuesday, December 23, 2014 - 12:15 Source

Daniel Meers, a Liberal voter, joined Morrison’s War on the Disabled.

Read more Views: 422
Renew Economy Tuesday, December 23, 2014 - 11:43 Source

From India's 'saffron revolution' to SA's day of 100% renewables, to energy storage and Tony Abbott's cuddle with coal. It's our most read stories of 2014.

Read more Views: 341

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