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The Australian Independent Media Network Monday, February 19, 2018 - 06:00 Source

Monday 19 February 2018 The events last week involving Barnaby Joyce have no doubt left the nation aghast at the ongoing destruction of our democracy. It wasn’t just a scandal, but a tragedy. His personal wrong doing and those who would condone it cannot see that events like this, each time they occur, further evaporate…

The post Day to Day Politics: Democracy in free fall, thanks to Turnbull. appeared first on The AIM Network.

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politicalowl Monday, February 19, 2018 - 01:31 Source

I am told that this fearless baboon killer with his warped sense of humour lives in Canberra.If you recognise him let him know what you think of his barbarism.Maybe a sign on a shopping centre fence would be appropriate

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politicalowl Monday, February 19, 2018 - 00:42 Source
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MacroBusiness Monday, February 19, 2018 - 00:26 Source

Time to go, says Newspoll: Australians have abandoned Barnaby Joyce, with two-thirds of voters believing the Deputy Prime Minister should either resign to the backbench or leave parliament entirely, intensifying pressure on Nationals MPs to force their leader to step down over the love-child scandal. After battling a wild political firestorm of its own making

The post Newspoll squashes Inbred Tomato appeared first on MacroBusiness.

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MacroBusiness Monday, February 19, 2018 - 00:25 Source

Paul Kelly did a Chris Bowen profile over the weekend: In an exclusive interview with The Australian, Bowen’s message is that his treasurership — if Labor wins — will be a blend of Hawke-Keating refurbished and government intervention in the cause of social mobility and greater economic opportunity. …Bowen believes in fiscal discipline, market forces,

The post Chris Bowen’s vision for a one term Labor government appeared first on MacroBusiness.

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MacroBusiness Monday, February 19, 2018 - 00:20 Source

DXY was strong Friday night after hitting new lows. Could be a double-bottom. Or not: AUD was quite weak against DMs: And EMs: Gold fell: Oil rose: Despite the rising rig count: • Total US oil rigs saw another solid week, +7 to 798 • Horizontal oil rigs were up even better, +10 to 696

The post How high for bond yields? appeared first on MacroBusiness.

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MacroBusiness Monday, February 19, 2018 - 00:18 Source

Hello, via the AFR: Realtor Andrew Fawell has valued four distressed – or mortgagee – sales in the past two weeks for houses and apartments valued between $1 million and $2.5 million located around Melbourne’s coveted, prestigious and expensive inner south-east fringe. “The drum is starting to beat,” says Fawell about home buyers and investors

The post Interest-only reset loads market with forced sales appeared first on MacroBusiness.

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MacroBusiness Monday, February 19, 2018 - 00:17 Source

The MSM demolition of poor old John McGrath continues. From The Australian: Despite having run up an alleged gambling debt to bookmaker William Hill of more than $16m, a source familiar with the company’s ­accounts said McGrath performed better than most punters. Ordinary punters lose about 10 per cent of their turnover. The source said

The post Australia’s developer bubble is beginning to pop appeared first on MacroBusiness.

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North Coast Voices Monday, February 19, 2018 - 00:16 Source

Echo NetDaily, 15 Februaty 2018:An animal activist has accused two National Party MPs o

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MacroBusiness Monday, February 19, 2018 - 00:15 Source

Deutsche has a good summary of US dollar weakness: Blame the dollar on yields We are well into 2018 and our feedback from recently attending the TradeTech FX conference in Miami is that the market is still struggling to understand or embrace dollar weakness. How can it be that US yields are rising sharply, yet the

The post Can the Australian dollar fall against a weak US dollar? appeared first on MacroBusiness.

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North Coast Voices Monday, February 19, 2018 - 00:15 Source

National Aeronautics and Space Administration(NASA), 4 January 2018: NASA-led Study Solves a Methane PuzzleA reduction in global burned area in the 2000s had an unexpectedly large impact on methane emissions.A new NASA-led study has solved a puzzle involving the recent rise in atmospheric methane, a potent greenhouse gas, with a new calculation of emissions from global fires. The new study resolves what looked like irreconcilable differences in explanations for the increase.Methane emissions have been rising sharply since 2006.

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MacroBusiness Monday, February 19, 2018 - 00:10 Source

CoreLogic released its auction report yesterday, which reported an increase in the preliminary national auction clearance rate to 69.1% from 67.7% last week (later revised down to 63.7%). However, the preliminary clearance rate was still well below the 74.9% recorded in the same weekend of last year: Nevertheless, as you can see above, the trend

The post Auction clearances rebound appeared first on MacroBusiness.

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MacroBusiness Monday, February 19, 2018 - 00:01 Source

Global Macro / Markets / Investing: Record $23 Billion Flees World’s Largest ETF – Bloomberg Dalio Causes Stir With $18 Billion Surge in European Short Bets – Bloomberg Special Investigation: The Dirty Secret Behind Warren Buffett’s Billions – The Nation Bitcoin Mania Triggers Miner Influx to Rural Washington – WSJ Americas: Biden, in public and

The post Links 19 February 2018 appeared first on MacroBusiness.

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Poll Bludger Sunday, February 18, 2018 - 23:57 Source

Nearly two-thirds of respondents want Barnaby Joyce out as Nationals leader, as the Coalition and Malcolm Turnbull lose their gains from the year's first poll a fortnight ago.

The post Newspoll: 53-47 to Labor appeared first on The Poll Bludger.

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MacroBusiness Sunday, February 18, 2018 - 23:01 Source

Tonight, I appeared on the ABC’s National Wrap to debate the Migration Council’s CEO, Carla Wilshire, on Australia’s mass immigration program. Below are notes from the debate explaining my position and refuting Ms Wilshire’s key lines of argument. Economic modelling on immigration is unflattering and does not reflect real life: During the debate, we got

The post Leith van Onselen tackles the growth lobby monster appeared first on MacroBusiness.

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The Australian Independent Media Network Sunday, February 18, 2018 - 20:40 Source

Barnaby bunny blinks in the spotlight centre stage in our national political show, this week, as our Deputy PM shrewdly plays the victim in his marriage break-up while he muffs his special pleading self-defence for begging his Tamworth mogul pal, Greg Maguire, to be allowed to crash for six months at his millionaire mate’s luxury…

The post “One way or another, Barnaby’s cactus.” Malcolm might be too. appeared first on The AIM Network.

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Harrangue Man Sunday, February 18, 2018 - 20:36 Source

I endured the crafting of another Lovecraftian email—only one typo this time and I didn't re-send it when found because it almost looked right for the absence of a pair of commas—but then had to step away from the computer lest additional hurt land. So I found Game of Thrones, set it up on the laptop, then rode the bike to break the spell. I hate this shit; having to re-live again and again what happened to me, the horror I endured and the ongoing knock-on damage it cause.

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The Failed Estate Sunday, February 18, 2018 - 16:41 Source

Who would have thought an analysis of corporate tax policy would set so many pulses racing? Perhaps it was a form of group therapy for the nation after weeks of seeking to shut out images Read more…

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politicalowl Sunday, February 18, 2018 - 14:46 Source

There's nothing like speculation about a leadership challenge to drive journalists into a frenzy. I notice this afternoon that our press gallery brethren, like me, have decided to adopt Daily Mail website rules and start quoting each other as sources.An example from the website of The Australian:

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politicalowl Sunday, February 18, 2018 - 14:05 Source

There's always a risk in voting a man out of his job when your government only has a majority of one. Would the National Party party room on Monday week take the risk of Barnaby Joyce singing this song if the numbers went against him?

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The Australian Independent Media Network Sunday, February 18, 2018 - 12:21 Source

Our politicians and, to a large degree, our media, do not seem to understand the real implications of the Joyce Affair. As Dr Simon Longstaff AO, the Executive Director of The Ethics Centre, wrote: In helping Mr Joyce evade responsibility, our government has put yet another nail in the coffin of Ministerial (and personal) responsibility.…

The post Whatever happened to integrity? appeared first on The AIM Network.

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politicalowl Sunday, February 18, 2018 - 11:47 Source

An update on the Owl's coverage of the way the Sydney Tele has been leading the way on the Barnaby Joyce story.It's still on page on

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Harrangue Man Sunday, February 18, 2018 - 11:35 Source

I have to use a Clearwipe on the laptop screen because splatter from expectorant and other assorted disgust has sullied it to the point where I can't tell if that's punctuation or a bit of yuck.It's near nine-years-old, this machine, bought when still working and on a discount. It's served me well—and still does 'cos all I use it for now is writing and research.But it does need a good clean to get the lung-ejected remnants and bodies of insects past from me making mistakes such as missing a period because of spotting.

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Harrangue Man Sunday, February 18, 2018 - 11:03 Source
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The Piping Shrike Sunday, February 18, 2018 - 11:02 Source

David Rowe AFR

I am not here to moralise.

Turnbull, 15 February 2018

This creeping notion that women need protection from men, that we are weak creatures against men’s rampant desire for sex, is not good for women. It’s regressive.

Gay Alcorn, Guardian

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The Australian Independent Media Network Sunday, February 18, 2018 - 08:08 Source

In what must be the first time in a number of days, Tony Abbott was openly critcical of the Prime Minister in an interview last week. Mr Abbott thought that Malcolm Turnbull’s public admonishing of Barnaby Joyce was a poor way to handle things, telling us: ‘I am just not going to get into any…

The post Tony Mansplains Why Malcolm Shouldn’t Malsplain In Public! appeared first on The AIM Network.

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Poll Bludger Sunday, February 18, 2018 - 06:59 Source

Regional seat polling, an eleventh hour withdrawal by Labor's lead upper house candidate, signs of improving Labor morale, and more besides.

The post South Australian election minus four weeks appeared first on The Poll Bludger.

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Your Democracy Sunday, February 18, 2018 - 00:57 Source
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North Coast Voices Sunday, February 18, 2018 - 00:16 Source
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North Coast Voices Sunday, February 18, 2018 - 00:15 Source

Journalist Nikki Savva writing in The Australian, 15 February 2018:

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