Blogotariat

Oz Blog News Commentary
MacroBusiness Wednesday, March 26, 2014 - 06:30 Source

Last night the Australian dollar broke out as expected and is flying towards 92 cents: The longer term chart shows the key levels: From locked Business Spectator: The Australian dollar has struck a fresh 2014 high overnight as Bank of America Merrill Lynch analysts issued an upbeat near-term forecast for the currency. …”While we are [...]

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Popular Science Wednesday, March 26, 2014 - 06:30 Source

Dozens of the world's top climate scientists have gathered in Japan this week with representatives from around 100 countries to work on the latest United Nations report about climate change. According to leaked drafts, the report is all but calling the climate situation an emergency: Far from causing future problems for a few species bearing white fur or feathers, hotter temperatures are already changing local conditions for humans, and a lot faster than most climate researchers once believed possible.

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MacroBusiness Wednesday, March 26, 2014 - 06:17 Source

A few days ago, Joe Hockey announced the appointment of the international advisory board to the Murray Inquiry. It included former Westpac chief ­executive David Morgan, now based in London, chief executive of hedge fund Convertible Quantitative Strategies Sir Michael Hintze; ; JPMorgan Chase global chairman of technology, media and telecoms Jennifer Nason; and Andrew Sheng, [...]

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MacroBusiness Wednesday, March 26, 2014 - 06:15 Source

Hudson has released its quarterly hiring intentions survey and the results are mediocre: Positive hiring intentions dipped slightly across Australia, down 0.1pp quarter in quarter to 23.3% NSW has the highest positive hiring intentions this quarter, moving from 4th to 1st place, up 5pp to 27.9% For the second quarter running, Professional Services has the highest proportion of [...]

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MacroBusiness Wednesday, March 26, 2014 - 06:13 Source

From Bloomie today: The pace of migration of rural Chinese to cities, a dynamic hailed by Premier Li Keqiang as key to the nation’s development, is set to slow by a third in coming years, deepening economic-growth concerns. A government report released this month projected a 6.3 percentage-point rise in the share of people living in cities from [...]

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Popular Science Wednesday, March 26, 2014 - 05:42 Source

On Monday, we asked our Twitter followers, "What's your favorite science joke?" The nerds delivered. Here are our favorites, organized by subject.

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MacroBusiness Wednesday, March 26, 2014 - 05:36 Source

From Bloomberg Briefs via ZH: 1. A significant step toward stimulus would be a step back from reforms intended to control runaway corporate credit and local government debt. Doing so might risk a sharper correction down the road. 2. The State Council’s statement suggests little in the way of new government spending. It promises to accelerate existing projects [...]

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Popular Science Wednesday, March 26, 2014 - 04:31 Source

There are generally threeways to improve an explosive weapon: make the explosion bigger so it's guaranteed to hit the target;improve its precision so that it doesn't hit anything but the target;or shapethe explosion so that when it goes off,it travels in a specificdirection. Over the past12 years, as the major war effortof both the United States and the United Kingdom has been fighting small groups of insurgents that operate in civilian areas, weapons engineers placed aheavy emphasison the latter two strategies.

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Popular Science Wednesday, March 26, 2014 - 03:31 Source

There are generally three ways to improve an explosive weapon: make the explosion bigger so it's guaranteed to hit the target; improve its precision so that it doesn't hit anything but the target; or shape the explosion so that when it goes off, it travels in a specific direction. Over the past 12 years, as the major war effort of both the United States and the United Kingdom has been fighting small groups of insurgents that operate in civilian areas, weapons engineers placed a heavy emphasis on the latter two strategies.

Read more Views: 352
MacroBusiness Wednesday, March 26, 2014 - 01:56 Source

And on it rolls: Veresen said that it has received a conditional order from the U.S. Department of Energy (DOE) to export liquefied natural gas from the proposed Jordan Cove LNG export terminal to those countries that do not have Free Trade Agreement (FTA) status with the United States. Under the DOE order, Jordan Cove [...]

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MacroBusiness Wednesday, March 26, 2014 - 01:41 Source

Its  a brave from FMG’s Nev Power today. From the AFR: Fortescue Metals Group chief executive Neville Power says Gina Rinehart’s Roy Hill project won’t stop his company or BHP Billiton from ramping up exports out or Port Hedland. …“The port is currently under-utilitised and even with Gina Rinehart’s additional tonnes, they are not going to [...]

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MacroBusiness Wednesday, March 26, 2014 - 01:05 Source

Here are the iron ore charts for March 25, 2014: Stimulus party! From Reuters: A contraction in China’s manufacturing activity for a third straight month in March spurred hopes that the government will implement stimulus measures, although some analysts warn that those pricing in any aggressive move may only end up disappointed. “There is a [...]

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MacroBusiness Wednesday, March 26, 2014 - 01:02 Source

Global Macro / Markets: Bank says money multiplier is wrong – should we be shocked? – Mainly Macro North America: Is grad school to blame for student-loan crisis? – Marketwatch IRS Says It Will Treat Bitcoins As Property, Not Currency – NPR US loses edge as employment powerhouse – Financial Times Europe: Draghi: ECB Has [...]

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Digitopoly Wednesday, March 26, 2014 - 01:00 Source

DVG_SidekickPerhaps the most common ‘doom and gloom’ cry for businesses — especially Internet businesses — is that teenagers, who were once their main customers, are ‘leaving in droves.’ The great example of this is Facebook w

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Popular Science Wednesday, March 26, 2014 - 01:00 Source

When bombardier beetles are attacked, they mix chemicals in their body to create a rapid and violent reaction, squirting outa concoction that's corrosive and hot,near the boiling point of water. Inspired by thisdefense mechanism,Swiss engineers have created a polymer-based material that gives offsteam and foam if it is tampered with. The materialconsists of sheets of polymer between which two different chemicals are sandwiched, including hydrogen peroxide. They areseparated by a rigid wall that breaks upon forced entry, after which the materials react in a most unpleasant manner.

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North Coast Voices Wednesday, March 26, 2014 - 00:16 Source

Scroll down in media release for polling breakdown, tables and graphs.Roy Morgan Research, Morgan Poll, Media Release 24 March 2014

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North Coast Voices Wednesday, March 26, 2014 - 00:15 Source

Letter to the editor, The Daily Examiner, 19 March 2014:Question bullyingCouncillor Margaret McKenna's motion in council regarding violence against people on the basis of their sexuality is commendable (DEX, 15/3).The violation of anyone's human rights is unacceptable in a civilised society.Bullying and intimidation in the workplace is equally abhorrent and, I would suggest, a far more widespread form of human rights abuse.If the good councillor were to ask just how many complaints of this kind of abuse have occurred within Claren

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Popular Science Wednesday, March 26, 2014 - 00:00 Source

When bombardier beetles are attacked, they mix chemicals in their body to create a rapid and violent reaction, squirting out a concoction that's corrosive and hot, near the boiling point of water. Inspired by this defense mechanism, Swiss engineers have created a polymer-based material that gives off steam and foam if it is tampered with. The material consists of sheets of polymer between which two different chemicals are sandwiched, including hydrogen peroxide. They are separated by a rigid wall that breaks upon forced entry, after which the materials react in a most unpleasant manner. 

Read more Views: 270
Tuesday, March 25, 2014 - 22:44 Source

Australia will revert to using miles, ounces, yards and furlongs next year, more than 40 years after the imperial system was first phased out in favour of metric measurements. Prime Minister Tony Abbott made the announcement late yesterday as part of his broader plan to return to colonial era thinking. “Too often we cast tradition […]

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laberal Tuesday, March 25, 2014 - 20:35 Source

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The Australian Independent Media Network Tuesday, March 25, 2014 - 19:32 Source

Prime Minister Tony Abbott has announced his intention to reintroduce knights and dames to Australia.

“There won’t be very many knights or dames in the Order of Australia,” he said. “People who may receive this honour will be those who have accepted rather than sought public office”.

So my hopes of being a knight aren’t over.

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Tuesday, March 25, 2014 - 19:14 Source

Comment

Barry Tucker                    25 March, 2014

Australia has one of the most concentrated news media ownerships in the world. The federal Liberal National Party coalition government is planning to loosen ownership laws.

In an article in The Guardian, West Australian Greens Senator Scott Ludlam says the move poses a threat to Australia’s democracy by limiting different voices, opinions and exposure.

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The Australian Independent Media Network Tuesday, March 25, 2014 - 18:58 Source

TimWintonEyrie

Tim Winton is one of Australia’s best known and most acclaimed writers, having won the Miles Franklin prize for fiction four times (in 1984, 1992, 2002, 2009) as well as a number of other literary awards. Eyrie (20013) is his most recent book.

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Drag0nista's Blog Tuesday, March 25, 2014 - 18:43 Source

“We was robbed!” Weekly column for The Hoopla.Filed under: Politics Tagged: elections, majority, mandate, seats, South Australia, The Hoopla, Tony Abbott, votes

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Tuesday, March 25, 2014 - 16:29 Source

Sir Barnaby Joyce. Sir Christopher Pyne. Sir Alexander Downer III. Dame Bronwyn Bishop. Sir Nicholas Greiner. Sir Arthur Sinodinos. Sir Eric Abetz. Sir Alan Jones. Sir James Packer.
Dame Sophie Mirabella.

Oh boy..

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MacroBusiness Tuesday, March 25, 2014 - 16:08 Source

By Evan Lucas for Chris Weston, Chief Market Strategist at IG Markets Asian trade dominated by China again Weakness across the Asian region was broad bushed in morning trade, with no specific index or sector really able point to a reason for the slides. Leads from the US were soft as the flash manufacturing read came [...]

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Antony Green's Election Blog Tuesday, March 25, 2014 - 15:46 Source

A progressively updating post on the distribution of preferences for Braddon at the 2014 Tasmanian election.

Read more Views: 394
MacroBusiness Tuesday, March 25, 2014 - 15:37 Source

Cross-posted from The Conversation It is true that the main culprits for housing prices in Australia are taxation and regulation regimes, as argued by Stephen Kirchner last week. But this is more because of their impact on demand than supply. Generous incentives including negative gearing and concessions on capital gains tax encourage investment in housing, [...]

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MacroBusiness Tuesday, March 25, 2014 - 15:15 Source

By Leith van Onselen Earlier this year, I cautioned the Abbott Government against committing to conclude its free trade agreement (FTA) negotiations by September: A big risk is that in setting a one year deadline to conclude negotiations, the Abbott Government could forgo quality. The Australia-US FTA is a case in point, whereby the Howard [...]

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The Australian Independent Media Network Tuesday, March 25, 2014 - 15:02 Source

Image courtesy of smh.com.au

Image courtesy of smh.com.au

‘A government is only as good as its opposition’.

That old adage has been been thrown around for as long as I can remember and has been cited more times than I would care to count.

And it holds true in Australia’s political theatre.

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