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Oz Blog News Commentary
Wednesday, June 24, 2015 - 14:59 Source

Ostensibly designed to stop you illegally downloading, they may have far broader implications for online freedoms.

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MacroBusiness Wednesday, June 24, 2015 - 14:55 Source

Fresh from the IMF’s latest visit comes this assessment: Outperformance fading Australia has grown almost twice as fast as its peers in the last two decades. This reflected both strong policy frameworks (such as the floating exchange rate and flexible labor market) and the boom in global demand for its resources. But output growth has been

The post IMF schools Abbott on economic management appeared first on MacroBusiness.

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Wednesday, June 24, 2015 - 14:45 Source

Abbott said arresting Man Monis would not have prevented the Martin Place massacre. The very idea was ‘fanciful’, he said. (You can’t make this stuff up) His backbench, behind him, put their faces in their hands. David Speers said arresting Monis would not have prevented the massacre, and beamed hopefully. He also said the boats had stopped. You can’t make this stuff up. In an era in which more boats were in perilous voyage than at any time since Dunkirk, he said the boats had stopped. Look, look, the boats have stopped. The eight people still watching Skynews put their faces in their hands.

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MacroBusiness Wednesday, June 24, 2015 - 14:32 Source

From Reuters: It will cost China over $6.6 trillion (41 trillion yuan) to meet the greenhouse gas reduction goals it will lay out later this month in its strategy for United Nations climate negotiations, the country’s lead negotiator for the talks said Tuesday. Xie Zhenhua, special representative for climate change affairs at China’s National Development

The post China sets cracking pace in carbon abatement appeared first on MacroBusiness.

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Wednesday, June 24, 2015 - 14:27 Source

A new report from the Australian Council of Social Service (ACOSS) investigating the increasing inequality of income and wealth is an important resource for those working to improve the community’s health, according to public health experts....

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MacroBusiness Wednesday, June 24, 2015 - 14:10 Source

By Leith van Onselen The Productivity Commission (PC) has released its Trade and Assistance Review, which is scathing of Australia’s recent bilateral and regional trade deals because of their deleterious impacts on efficiency: Although the priority given to these and future bilateral agreements is often justified on the basis of the value of gross export

The post Productivity Commission slams TPP trade deal appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, June 24, 2015 - 13:41 Source

Once again Cape York is in crisis.

Tens of thousands of hectares of native bushland are being cleared on Cape York on a scale not seen since the Bjelke-Petersen years. The aim is to open up the region to high-value agriculture in a bid to boost the struggling economy of the Cape.

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Renew Economy Wednesday, June 24, 2015 - 13:24 Source

Ergon introduces new limits on solar system inverters on its grid - down to 3.5kVa on its main network and zero on isolated networks.

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MacroBusiness Wednesday, June 24, 2015 - 12:56 Source

It’s not much fun for big iron today with BHP just managing to stay in the black, RIO selling and FMG up only 1.3% despite the big bounce in Dalian futures overnight. To the indexes: The idiocy spreads for RIO and BHP are expanding but the ‘sanity spread’ for FMG is close to a new

The post BHP, RIO, FMG sell despite futures appeared first on MacroBusiness.

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Antony Green's Election Blog Wednesday, June 24, 2015 - 12:51 Source

What are the likely political consequences of proposed changes to the Senate's electoral system

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MacroBusiness Wednesday, June 24, 2015 - 12:46 Source

From The West Australian: Atlas Iron managing director David Flanagan says he believes shareholders will overwhelmingly approve the iron ore miner’s company-saving capital raising at tomorrow’s shareholder meeting. …Despite the 5c-a-share issue being significantly dilutive to Atlas’ 34,000 existing shareholders, Mr Flanagan said that shareholder proxy votes lodged so far were running strongly in favour

The post Atlas races towards rescuicide appeared first on MacroBusiness.

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MacroBusiness Wednesday, June 24, 2015 - 12:45 Source

By Leith van Onselen The Senate’s last night passed the Copyright Amendment (Online Infringement) Bill without amendment, which means that piracy-related websites will soon be blocked. ABC Radio explains: WILL OCKENDEN: It took several hours of debate, but in the end the Copyright Amendment (Online Infringement) Bill passed the Senate, without any amendments, easily… The bill

The post VPN providers lick their lips at anti-piracy bill appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, June 24, 2015 - 12:30 Source

By Jennifer Wilson

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Renew Economy Wednesday, June 24, 2015 - 12:26 Source

Australian developers of world's first grid-connected wave energy array achieve new milestone: longest continuous period of operation in ocean.

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Renew Economy Wednesday, June 24, 2015 - 12:26 Source

Terrible fortnight for Australian climate policy capped off by reports rural Liberals want inquiry into the science behind the theory of man made climate change.

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MacroBusiness Wednesday, June 24, 2015 - 12:12 Source

Fresh from Westpac: •The Westpac MNI China Consumer Sentiment Indicator, hereafter the Westpac MNI China CSI, increased by 1.2pts from 111.1 in May to 112.3 in June, which is 0.3% lower than a year ago and 7.7% below the long run average. The absolute level of the CSI indicates that Chinese consumers are still anxious

The post China consumer confidence firms appeared first on MacroBusiness.

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MacroBusiness Wednesday, June 24, 2015 - 12:02 Source

From Fairfax: Investors in Australia are struggling to find shelter from market turbulence this quarter. Federal government bonds fell 2.4 per cent from the end of March through to Monday, Bloomberg AusBond indexes show, failing to provide the kind of counterbalance to stocks that debtholders usually covet. The S&P/ASX 200 Index of equities lost 4.1

The post Bonds baffle as shares sell appeared first on MacroBusiness.

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Wednesday, June 24, 2015 - 11:55 Source

The third part wasn’t as good as the other two. Part of the reason was there was so much storyline to get through, and four episodes, really, would have been better.

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Renew Economy Wednesday, June 24, 2015 - 11:54 Source

Now the short term policy targets for renewables has been resolved, it is time to look at the long term, and update and extend the 100% renewable energy study completed by AEMO.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

Getting a cut, scrape, or gash is frustrating meaning several days to weeks to heal. To speed up the process, history has provided a list of options. Some are fairly appreciable, such as aloe vera and honey. Others are somewhat more extreme such as the rather aesthetically unpleasing technique Maggot-Induced Wound Healing.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

"H1138", built at Huangpu Wenchong shipyards in its first military contract, is China's answer to the U.S. Mobile Landing Platform, which allow for larger and cheaper platforms to stage amphibious operations involving hovercraft and other amphibious/littorial vehicles, compared to conventional amphibious warfare ships. The H1138 is 50,000 tons, with a deck area of almost 4,000 square meters.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

In the wild, a mushroom called "lingzhi" in China or "reishi" in Japan grows on dead trees in forests all over the world. But for about 2,000 years, herbalists all over Asia have been cultivating Ganoderma lucidum for its medicinal properties; it has long been thought of as a cure-all, reducing the effects of everything from asthma to heart palpitations—including anti-diabetic effects.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

Cockroaches are amazingly skilled at slipping through the cracks of walls, rubble, and ruins. While this makes them annoying household pests, it also means their bodies are useful for searching through rubble to find disaster survivors. In the past, scientists have strapped electronic controls to the backs of real-live cockroaches, creating controllable cyborgs for future rescue work.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

Want to have your very own drone wedding, without getting a pilot's license? Fly4Me can hook you up. The Cambridge, Massachusetts-based company is designed for people who want to hire a drone and crew on a per-use basis, the service matches customers with pilots and drones, creating a market of sorts. Approved by the FAA in the spring, Fly4Me launched in beta mode last week.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

The spacecraft that's orbiting a duck-shaped comet 180 million miles from Earth just got its life extended. Instead of ending in December of this year, the Rosetta mission will continue flying around Comet 67P/Churyumov-Gerasimenko until September 2016.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

From the almost mythical taco-copter that never was to Amazon's long-in-the-works Prime Air drone delivery system, the idea of carrying goods to people by flying robot remains compelling, despite little practical application. For every serious attempt, there are also plenty of gimmick drones, which use the technology more as a means to grab headlines than anything else.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

At first, Instagram was the app for picture people. Photographers who saw the app's potential early on in its life cycle, like David Guttenfelder and Michael Christopher Brown, gained hundreds of thousands of followers.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

In Pakistan, nearly 700 people, many of them elderly, have succumbed to heat stroke in the midst of an awful heat wave. If climate change continues to progress along its current path, events like this might become more common in the future, exacerbated by severe weather and higher temperatures across the world.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

A scared coral reef's gutless behavior could lead to advances in human tissue regeneration.

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Popular Science Wednesday, June 24, 2015 - 11:49 Source

When it comes to space, one of humanity's favorite pastimes is looking for flowing water on Mars.

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