Blogotariat

Oz Blog News Commentary
xkcd.com Monday, April 16, 2018 - 10:00 Source

Want to feel old? The 'want to feel old?' factoid meme dates back to around 2011, closer to the Bush/Kerry election than to today.

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Renew Economy Monday, April 16, 2018 - 09:33 Source

Electricity distribution networks in Europe run at well below their full potential, and could learn from AirBNB nd Uber to easily incorporate EVs.

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En Passant Monday, April 16, 2018 - 09:32 Source

The U.S. involvement in Syria has nothing to do with democracy or even chemical weapons — it is about protecting and extending U.S. military and economic power, says John Passant

 

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Renew Economy Monday, April 16, 2018 - 09:31 Source

Countries adopted a compromise emissions target at the International Maritime Organization on Friday, with further battles to come over how to put it into practice.

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MacroBusiness Monday, April 16, 2018 - 09:30 Source

By Leith van Onselen ACTU head, Sally McManus, appeared on ABC’s Insiders yesterday whereby she once again identified a bargaining power imbalance for Australian workers, which is hindering wages growth: McMANUS:  Things have changed since Paul Keating. Since the global financial crisis, we’ve seen profits and we’ve seen power concentrate in the hands of a few

The post ACTU: Cut temporary not permanent migrants appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 09:00 Source

By Leith van Onselen MB has frequently questioned the efficacy of Sydney’s WestConnex toll road and tunnel project – the $17 billion 33 kilometre motorway under construction that is more expensive per kilometre than the Chanel Tunnel. This hideously expensive project will see existing free public roads like the state-owned M4 (that have already been paid

The post Putting the ‘con’ in WestConnex appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, April 16, 2018 - 09:00 Source

By Christine Kent In August 2017, after years of denial, I finally acknowledged my own homelessness. I came out of the closet in the most public way, on the SBS show, Insight. Since then I have been seriously researching the issue of homelessness. I think I have clarified the problem – what homelessness is, who…

The post Homelessness: what are the solutions? appeared first on The AIM Network.

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The Australian Independent Media Network Monday, April 16, 2018 - 08:05 Source

On Friday, Phil Coorey published an article in the AFR lauding the credentials of Peter Dutton as a future Prime Minister. He quotes an unnamed Liberal colleague (but factional opponent) as saying “Everyone listens when Peter intervenes.  He’s the closest to a statesman we have.” If any statement has shown how much trouble the Liberal…

The post “He’s the closest to a statesman we have” appeared first on The AIM Network.

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MacroBusiness Monday, April 16, 2018 - 05:53 Source

DXY firmed Friday night: AUD was mixed: But EMs are weak: AUD CFTC positioning fell a little: Gold rose: Brent too: Despite a climbing US rig count: Base metals were mixed: Miners firm: EM stocks weak: Junk firm: Treasuries soft: Bunds strong: Stocks stable: Syrian missiles upset the apple cart but there does not seem

The post Virtue signalling missiles clear path for markets appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:30 Source

By Leith van Onselen Prime Minister Malcolm Turnbull gave an interview late last week on 3AW’s Neil Mitchell program (starting at 7.50 mins) where he tied himself in knots over Australia’s immigration program. Below are the key exchanges with my analysis: Neil Mitchell: Is it time for a pause [in the migrant intake] while we

The post Turnbull admits a ‘Big Australia’ will erode living standards appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:21 Source

Twiggy wants into the gas cartel: Billionaire Andrew Forrest is studying a proposed 2,400-kilometre transcontinental natural gas pipeline across Australia as part of his iron ore company’s strategy to diversify. Fortescue Metals confirmed it has undertaken work for a duct that would link gas-rich Western Australia with the energy-strapped East Coast power markets. The project,

The post Twiggy Forrest versus the Australian national interest appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:20 Source

The signals are mounting that “Creepy Pete” Dutton is making his leadership run. In the past few weeks we’ve seen a few very peculiar shifts in the immigration narrative around the minister. First we’ve had the very high profile statements around white and black Africans. I really have no idea what they signal about the

The post Creepy Pete makes his leadership run appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:20 Source

Hoocoodanode? Via The Australian, the German Commodore ain’t travelling too well: The new ZB Commodore – the first import to carry the badge, following the closure of Holden’s local manufacturing operations in October last year – is tanking. After its launch in February, predicted resale values went straight off the cliff. Industry valuer RedBook has

The post “Hollow” Holden crashes at high speed into brick wall appeared first on MacroBusiness.

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North Coast Voices Monday, April 16, 2018 - 00:16 Source

In the 2016–17 financial year, the Office of the Australian Information Commissioner (OAIC) reported that it received 114 data breach notifications on a voluntary basis.On 22 February the Notifiable Data Breaches (NDB) scheme came into force.Between 22 February and 31 March 2018 there were 63 mandatory notifiable data breaches reported involving the personal information of up to est.

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MacroBusiness Monday, April 16, 2018 - 00:15 Source

From ABC’s The Business: Spot on.

The post ABC The Business does the building housing bust appeared first on MacroBusiness.

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North Coast Voices Monday, April 16, 2018 - 00:15 Source

An open secret finally hit the headline this month......The Sydney Morning Herald, 12 April 2018:Disgraced former senior tax official Nick Petroulias gave sworn evidence to a parliamentary inquiry under a fake name, it has been alleged in State Parliament - and seven MPs sitting across the table never twigged.The Greens are now demanding a formal inquiry into the circumstances surrounding the appearance at the inquiry into Crown land, held in August 2016.Mr Petroulias' face was splashed across the coun

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MacroBusiness Monday, April 16, 2018 - 00:14 Source

Via the AFR: The nation’s third-largest residential property lender is warning brokers that their future mortgage recommendations will need to satisfy strict new internal guidelines and ‘external’ scrutiny, a reference to regulatory or possibly legal action. “We recognise the need for trust in brokers and look forward to public policy discussions about measures that will

The post ANZ joins mortgage standards crunch appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:10 Source

CoreLogic released its auction report yesterday, which reported a fall in the preliminary national auction clearance rate to 64.5 from 65.3% last weekend (later revised down to 62.8%). The preliminary clearance rate was also well below the 73.9% recorded in the same weekend of last year: Auction volumes nationally were 1,890 – well above the

The post Auction clearances continue to weaken appeared first on MacroBusiness.

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Renew Economy Monday, April 16, 2018 - 00:06 Source

ACT unveils major push into electric vehicles, including for government fleets, charging infrastructure, use of transit lanes, salary sacrifice for electric bikes, and studies on using EVs and their batteries to help manage the grid.

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Renew Economy Monday, April 16, 2018 - 00:06 Source

ACT unveils major push into electric vehicles, including zero emission mandate for government fleets, charging infrastructure, use of transit lanes, salary sacrifice for electric bikes, and studies on using EVs and their batteries to help manage the grid.

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MacroBusiness Monday, April 16, 2018 - 00:06 Source

A nice primer here from BofAML: Met coal prices more than doubled from ~$90/t to ~$200/t in six weeks in AugustSeptember 2016 due to China’s production curb on local met coal, where government restricted the number of working days from 330 days/year to 276 days/year. This turned out to be a game changer for the

The post The future of coking coal appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:06 Source

Via Xinua: China will introduce foreign investors to trade in domestic iron ore futures from May 4, according to the country’s securities regulator. The iron ore futures are traded on the Dalian Commodity Exchange, which rolled out rules in late March to guide foreign investors to participate in the market and took a market test

The post Dalian invites foreign iron ore speculators appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:05 Source

Iron ore prices for April 13, 2018: Spot up. Paper fell back overnight. Coking coal continues to fall. Friday’s China trade numbers had a little rebound in steel exports to 5.65mt: We can expect that to continue as the Chinese steel price falls though yesteryear’s boom will not return. And iron ore imports of 86mt:

The post Daily iron ore price update (topping volumes) appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:04 Source

China released March new yuan loans over the weekend and the trend slowing steepened. Bank loans were in 1.12tr yuan and Total Social Financing at 1.33tr: That was down a thumping -37.5% on last March: As shadow credit falls away: With the aggregate rolling annual now in clear downtrend: M2 returned to its lows: Turning

The post China’s credit slowdown steepens appeared first on MacroBusiness.

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MacroBusiness Monday, April 16, 2018 - 00:01 Source

Global Macro / Markets / Investing: Radical Markets – Princeton Uni Back to school: top economists on what their subject needs to learn next – Prospect Magazine Sell all crypto and abandon all blockchain – FT Alphaville School Is Expensive. Is It Worth It? – WSJ Is College Worth the Cost? – A Wealth of

The post Links 16 April 2018 appeared first on MacroBusiness.

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politicalowl Sunday, April 15, 2018 - 23:31 Source

Abbott is the goose laying Shorten’s golden egg - Miranda Devine in the Telegraph

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John Quiggin Sunday, April 15, 2018 - 20:34 Source

A while ago, I had a multi-topic post covering some things I hoped to expand on. One of them was this

Blowing things and people up is seen as a demonstration of clarity and resolve, unless someone is doing it to us, in which case it’s correctly recognised as cowardly and evil. The most striking recent example (on “our” side) was the instant and near-universal approval of Trump’s bombing of an airfield in Syria, which had no effect at all on events there.

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Your Democracy Sunday, April 15, 2018 - 19:32 Source

on Lady McBeth ...

The perils of coming to premature conclusions before all the facts are available has been starkly demonstrated by the latest developments in the alleged nerve gas attack upon the former Russian double agent Sergei Skripal and his daughter Yulia in the English town of Salisbury on 4 March 2018.

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The Australian Independent Media Network Sunday, April 15, 2018 - 17:27 Source

Mafia Don, as former FBI Director, James Comey designates Donald Trump in his best-seller, A Higher Loyalty: Truth, Lies and Leadership is ever more desperate, as Special Counsel Robert Mueller’s investigation closes its net on the nepotist-in-chief and his comic Corleone family’s alleged criminal collusion with the Russian government. Two weeks ago, in Richfield Ohio, the…

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Club Troppo Sunday, April 15, 2018 - 12:21 Source

As I tweeted:

I was gripped by this 2 hour intellectual brawl

Would Ezra articulate compelling reasons for Sam Harris to rise to self-reflection?

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