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politicalowl Monday, December 11, 2017 - 15:54 Source

The naming and framing of actor Geoffrey Rush - Alex Mitchell's The Weekly Notebook

The Sydney Theatre Company is responsible for naming and framing actor Geoffrey Rush as a sex predator. In doing so, it has behaved disgracefully and probably illegally.

China's top paper says Australian media reports are racist - Reuters

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Peter Martin Monday, December 11, 2017 - 15:19 Source

So big is Melbourne's infrastructure boom that Treasurer Tim Pallas fears Victoria will run low on the specialist skills and resources such as gravel needed to make it happen.

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Peter Martin Monday, December 11, 2017 - 15:14 Source

Catholic and independent private schools are set to get more than 100 per cent of their needs from governments under the Turnbull government's new 'Gonski 2.0' plan, official documents released under freedom of information show.

Obtained by the Australian Education Union and processed by the convenor of the Save Our Schools campaign, Trevor Cobbold, the Education Department documents spell out the the amount of government funding expected for each school sector in each state in 2018.

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MacroBusiness Monday, December 11, 2017 - 14:52 Source

Brace for madness to turn total lunacy as more volatile BTC futures lead spot, via ZH:

The post Bitcoin futures double limit-up appeared first on MacroBusiness.

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Renew Economy Monday, December 11, 2017 - 14:47 Source

Consumers should be doing a lot better out of the closure of Liddell - and the inevitable closure of other coal generators. But they need governments to act to encourage the efficient use of energy.

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Renew Economy Monday, December 11, 2017 - 14:31 Source

AEMO boss Audrey Zibelman says energy transition as unstoppable as the internet, because economics and technology have changed. Some baseload may be needed in the future, but it doesn't need to be coal.

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Renew Economy Monday, December 11, 2017 - 14:30 Source

Solar Analytics evolves from a solar monitoring platform to a holistic Smart Home Energy Management System with the announcement of a $1.9 million grant from the Australian Federal Government.

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Renew Economy Monday, December 11, 2017 - 14:28 Source

The Flinders Island community can look forward to a secure and cleaner energy future thanks to its new Hybrid Energy Hub.

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Renew Economy Monday, December 11, 2017 - 14:22 Source

Construction begins on first 60MW of proposed 1200MW Kennedy Energy Park, the world-leading wind, solar, and battery storage project in north Queensland.

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Renew Economy Monday, December 11, 2017 - 14:14 Source

CCA review of Coalition's Emissions Reduction Fund fuels concerns the scheme is an expensive, inefficient and risky way to cut carbon.

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Renew Economy Monday, December 11, 2017 - 14:14 Source

CCA review of Coalition's Emissions Reduction Fund fuels concerns the scheme is an expensive, inefficient and risky way to cut carbon.

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Renew Economy Monday, December 11, 2017 - 14:05 Source

AGL's plans for Liddell are vague and lacking, most likely because the company is waiting to see what the Coalition aims to do with Snowy Hydro.

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MacroBusiness Monday, December 11, 2017 - 13:09 Source

Buy Bitcoin: Coral reefs – including Australia’s Great Barrier Reef – will be dead by 2100 due to human “maltreatment of the oceans”, David Attenborough’s Blue Planet II has declared. Attenborough’s follow-up documentary series, which took four years to film and produce, finished airing in Britain on Sunday night (local time). It ended with his grim warning about the state of our

The post Great Barrier Reef dead by 2100 appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 12:30 Source

Here’s a bright idea from Alan Kohler: …A 20 per cent tax rate AND immediate capex write-offs? Other countries struggling to balance their budgets haven’t got a hope. The fact that the US is likely to both impoverish its government and further impoverish the less well-off by paying for that with middle class tax increases

The post Kohler: Corporate tax cuts, yes, but only for manufacturing appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 12:29 Source

Sometimes I don’t know where to look. It’s not treason, it’s a political wedge: Kristina Keneally has accused Malcolm Turnbull of “spreading China phobia” as the party attempts to make gains in the electorate of Bennelong from concerns about new foreign interference laws. “(Chinese Australians) see the suggestion from the Prime Minister that people from

The post Labor declares for China appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, December 11, 2017 - 12:16 Source

When a political event unfolds, you would expect that each media outlet, and each political journalist might report that event from a different angle. You would expect a diversity of opinion and commentary in the stories, depending on the subjective and independent analysis of the individual journalist. But, my research into the stories told by…

The post Train track media narratives appeared first on The AIM Network.

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MacroBusiness Monday, December 11, 2017 - 12:10 Source

Via The Age comes Victorian Treasurer Tim Pallas: “We’ve known for a while that the technical and the specialist skills required for transport projects, particularly rail projects, have been hard to get. The more projects you start the harder it gets. We’ve only a handful of rail signallers in the entire state to manage not

The post Ponzi Pallas headed for coronary on VIC’s rat wheel economy appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 12:04 Source

XJO is down again as the S&P500 soars to new highs: Completely embarrassing unless you’re long the S&P500, an MB favourite since 2012. Bitiron is off to the races: Big Iron is up a little: Killing pensioners is mixed: Big Gold is rebounding. I still expect more correction: Big Sleazy is down: Big Bog is

The post Global markets boom, ASX busts AGAIN appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 11:40 Source

Shameless is as shameless does: Former Treasurer Peter Costello has warned the Turnbull government not to do anything in the upcoming financial statement or budget that would endanger a return to surplus. In a forward to a Centre for Independent Studies report on budget policy to be released on Monday Mr Costello says since he

The post Master of tax cuts warns on tax cuts appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 11:38 Source

Forexlive on BTC futures: #1 – When it starts The CBOE launches it on Sunday at 5 pm Chicago time (2300 GMT). The CME product will start trading a week later. Both markets will be closed on the weekend, which creates a risk of massive gaps with Bitcoin often moving more than 20% in a

The post Taleb: Don’t short Bitcoin appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 11:20 Source

By Leith van Onselen Amid fears of a looming oversupply, developers are now abandoning proposed apartment projects in Parramatta in Sydney’s west. From The AFR: A total of 2707 apartments across seven projects under construction as well as 1100 units approved for development make two to three years’ supply of housing in the western hub,

The post Fear grips Parramatta apartments appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 11:11 Source

CoreLogic’s weekly property vitals are out. The leading mortgage index is showing a faint pulse: Still down sharply year over year. Auctions by district are sinking in the same pattern we’ve seen for months. Sydney from the outside in and Melbourne from the inside out: Basically, Sydney is bust and Melbourne is in the process

The post Faint pulse detected in property vitals appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 11:00 Source

Via Bloomie: “It looks remarkably like a bubble forming to me,” Reserve Bank of New Zealand Acting Governor Grant Spencer said in interview with TVNZ broadcast on Sunday. “Over the centuries we’ve seen bubbles, and this appears to be a bit of a classic case. With a bubble, you never know how far it’s going to

The post RBNZ, Buiter: Bitcoin crazier bubble than tulips appeared first on MacroBusiness.

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xkcd.com Monday, December 11, 2017 - 11:00 Source

People keep telling me to use the radio but I really hate making voice calls.

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MacroBusiness Monday, December 11, 2017 - 10:40 Source

By Leith van Onselen The ABC’s Michael Janda has penned an interesting article today explaining why Australia’s housing market is more at risk of a major correction than Canada’s, which incorporates views from the chief executive of Canada Mortgage and Housing Corporation (CMHC), Evan Siddall: Australia and Canada have a lot in common when it

The post Why Australia’s housing market is riskier than Canada’s appeared first on MacroBusiness.

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MacroBusiness Monday, December 11, 2017 - 10:20 Source

By Leith van Onselen After last month announcing that it would raise its stamp duty surcharge on foreign property buyers from 4% to 7%, the property lobby continues to swarm against the measure. From The AFR: Foreign property investors are urging the South Australian government to grant them an exemption from a new surcharge on

The post Property parasites swarm SA’s foreign buyer surcharge appeared first on MacroBusiness.

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En Passant Monday, December 11, 2017 - 10:10 Source

 

Tax avoidance is systemic and big business has the resources – and the globe – to play games with the ATO, I write in Independent Australia

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MacroBusiness Monday, December 11, 2017 - 10:00 Source

By Leith van Onselen Last week, it was reported that the median price for a housing lot in Melbourne had passed the $300,000 mark, driven by the influx of new arrivals into Melbourne pushing up against sluggish land supply: Melbourne’s long-held status as the country’s most affordable new housing market is under severe threat with

The post Nothing underlines Australia’s planning racket like this appeared first on MacroBusiness.

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The Tally Room Monday, December 11, 2017 - 09:45 Source

As we near the conclusion of 2017’s election season, with the Bennelong by-election this weekend, I have finished my first major guide for 2018: for the South Australian state election on March 17.

I have completed seat guides for all 47 electorates, as well as a guide to the Legislative Council and summaries of the key seats and the redistribution.

You can use the following pages to find your way to each seat’s profile, or click through on the following map.

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MacroBusiness Monday, December 11, 2017 - 09:40 Source

From the always useless manufacturing lobby: The nation’s biggest manufacturers have called for an electricity price target after energy giant AGL said replacing the Liddell coal-fired plant with a green energy mix would need power prices to be higher than they have been recently in NSW for a new plant to be profitable. AGL at

The post Dumb manufacturing lobby calls for electricity price fixing appeared first on MacroBusiness.

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