Blogotariat

Oz Blog News Commentary
xkcd.com Monday, March 23, 2015 - 11:00 Source

Since it sounds like your time spent typing can't possibly be less productive than your time spent not typing, have you tried typing SLOWER?

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MacroBusiness Monday, March 23, 2015 - 10:47 Source

The post Sydney bubble holds nation hostage appeared first on MacroBusiness.

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The Tally Room Monday, March 23, 2015 - 10:30 Source

With five days to go until election day, you can now read through the entirety of the Tally Room guide to the NSW state election.

Profiles of all 93 seats are now available, including final lists of candidates. Most seats now feature comment threads discussing that electorate, and everyone is welcome to join in!

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Monday, March 23, 2015 - 10:15 Source

Cheating, Skynews showed only part of the ‘Star Wars’ Pyne sketch, omitting his beaming pleasure in the garrotting of a rival by the iron grasp of Darth Vader. Cheating, Murdoch published only the notional ‘two party preferred’ of a Galaxy Poll of some suburban seats, omitting the raw votes achieved by Labor, the Greens, the Independents, the Christian Democrats and PUP, lest they show Foley nearing, or nudging, power. BY A BAIRD MARGIN was the Daily Telegraph headline, showing Labor gaining ‘only’ 10 percent, not the 12 percent they might win with, forgetting thus the great Fred Daley nostrum, ‘When the swing is on, it’s on.’

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Monday, March 23, 2015 - 10:07 Source

The rich get dirtier and the poor get flooded. Thom Mitchell explores the growing calls from smaller nations for action on climate change.

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Monday, March 23, 2015 - 09:50 Source

To sell or not to sell - that is the multi billion dollar question. New Matilda economist Ian McAuley breaks it down. 

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The Australian Independent Media Network Monday, March 23, 2015 - 09:47 Source

Is Australia on its way to becoming a plutocracy? Andreas Bimba investigates and discovers that the answer is a frightening ‘yes’.

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MacroBusiness Monday, March 23, 2015 - 09:31 Source

From Reuters: Many loss-making Chinese steel mills could finally be ready to shut their doors this year, with the government expected to offer more incentives for stricken enterprises to close as the economy slows and a war on smog intensifies. For years, hundreds of poorly-regulated mills dodged policies aimed at solving the perennial problems of […]

The post China to ramp steel mill closures appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 09:21 Source

By Leith van Onselen The AFR ran a report over the weekend on how the housing boom currently underway is driving developers to take-on abnormal risks in order to bring homes to market quickly and cash-in on the current insatiable demand from locals and foreigners: Meeting that demand is pushing builders and developers to the […]

The post Developers go long the bubble appeared first on MacroBusiness.

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Monday, March 23, 2015 - 09:19 Source

The two critical issues for NSW electors on Saturday appear to be concerns about coal seam gas, and ownership of the poles and wires of the state’s electricity network, according to former MP Tony Windsor, who expects the vote to be close (writing...

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The Tally Room Monday, March 23, 2015 - 09:15 Source

Newtown1-2CPNewtown is a notional Greens seat in the inner west of Sydney, covering Camperdown, Chippendale, Darlington, Enmore, Erskineville, Newtown, Petersham, Redfern and Surry Hills.

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MacroBusiness Monday, March 23, 2015 - 08:38 Source

More today on Australia’s developing AAA debacle. The Australian reports that: Days after Mr Abbott tipped a “broad” budget balance within about five years, a previously confidential Treasury document shows government payments will jump this year when they were meant to start falling. The Treasury charts, obtained by The Australian under Freedom of Information laws, […]

The post The AAA sellout appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 08:03 Source

The post NZ exodus highest since early-90s recession appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 07:36 Source

The post Westpac 90s bust insiders warn on bubble appeared first on MacroBusiness.

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Cheeseburger Gothic Monday, March 23, 2015 - 07:30 Source

So, that storm that blew through on Saturday afternoon? Yeah. Lightning strikes like bolts of plasma canon fire, all over the suburb. Destroyed a lot of telecoms infrastructure. And probably my modem. Again. We won't know for a few days because both Telstra and Optus are out.

One upside. Poor old AAMI took so long getting my replacement equipment to me after the last strike that I still have installed it. It was sitting safely boxed up, unattached to any power outlet when the latest fist of God slammed down on us.

It is getting a bit old, but.

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The Australian Independent Media Network Monday, March 23, 2015 - 04:35 Source

Paul Dellit has written some excellent political articles for The AIMN, so it came as some surprise that he is better known for his screenplay writing. Thomas Keneally, in a recent review of one of Paul’s screenplays I wrote: “I liked your screenplay and plot very much” and went on to describe it as “a very interesting and well-wrought script”. This particular screenplay – a spy thriller set in 1992 involving a MI5 mission directed at uncovering the source of stolen Russian radioactive material – has been turned into a novella (with input from Mr Keneally) and prior to publishing in hard copy has been offered to The AIMN.

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MacroBusiness Monday, March 23, 2015 - 01:35 Source

By Martin North, cross-posted from Digital Finance Analytics: We continue our series using data from the latest DFA segmented household surveys. First time buyers are more than ever becoming property speculators. Whilst we have already quantified the number of first time buyers and first time investors in the market, today we look at their underlying […]

The post Rise of the first home buying speculator appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:34 Source

The national auction clearance rate delivered yet another turbo-charged result over the weekend, driven again by strong demand in Sydney and Melbourne. The preliminary national clearance rate was 77.4%, down only slightly from last week’s 78.3%, with clearance rates still running at their strongest level in six years in trend terms: Sydney’s clearance rate fell […]

The post Auction clearances locked in orbit appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:33 Source

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

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MacroBusiness Monday, March 23, 2015 - 01:25 Source

The post Australian dollar shorts annihilated appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:12 Source

The post The BlackRock lesson for mining bottom-pickers appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:11 Source

From the World Steel Association: World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes (Mt) in February 2015, a 0.6% increase compared to February 2014. China’s crude steel production for February 2015 was estimated at 65.0 Mt. The total production for January and February 2015 […]

The post World steel production rebounds appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:10 Source

The post Daily iron ore price update ($40s) appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:07 Source

The post Daily LNG price update (rigs smashed) appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:06 Source

The post Shenhua warns peak coal is passed appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:05 Source

Cross-posted from Investing in Chinese Stocks. The drop in home prices in February was a surprise to industry insiders who have been talking up a rebound. Yu Fenghui discusses the reasons behind the drop. One of the distortions being pushed by the Chinese media and picked up by foreign media is the drop in sales […]

The post What did China’s February property price fall mean? appeared first on MacroBusiness.

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MacroBusiness Monday, March 23, 2015 - 01:01 Source

Global Macro / Markets / Investing: This Fund Manager Has Consistently Beaten the S&P 500 for 40 Years – Bloomberg Explaining secular stagnation – The Long Side of Short Currencies Go on Wild Ride, Fueled by Fed - Wall Street Journal Debt Is Oil Patch’s Four-Letter Word – Bloomberg Market Returns During Ray Dalio’s 1937 […]

The post Links 23 March 2015 appeared first on MacroBusiness.

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Monday, March 23, 2015 - 00:15 Source

ABC News 16 March 2015:ABC's Four Corners program has revealed the campaign was run by lobby group the National Civic Council (NCC), which emailed thousands of its members and associates, urging them to contact the Liberal MPs.It follows the leak of a confidential message from party treasurer Philip Higginson pushing for Peta Credlin's removal as Mr Abbott's chief of staff.The emails link to a live webpage hosted by sister organisation, The Australian Fa

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Drag0nista's Blog Monday, March 23, 2015 - 00:06 Source

If Mike Baird’s Coalition manages to prevail in the NSW election this weekend then Tony Abbott will have passed a leadership hurdle. But then the much more daunting task of the federal budget looms.  Weekly column for The Drum.Filed under: Politics

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The Political Sword Sunday, March 22, 2015 - 19:30 Source

The new fashion in Australian politics seems to be leadership change. In the past ten years, we’ve seen Rudd overthrown by Gillard (only to succeed in a subsequent challenge a couple of years later), three federal opposition leaders in the Rudd/Gillard government era, the overthrow of a Victorian premier and subsequent election loss, two or maybe three leadership spills in the NT, and a Queensland premier suffer a thumping loss at an election. Political life seems to be a lot more unsettled now than it was in the late 1960s and early 1970s.

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