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MacroBusiness Tuesday, April 3, 2018 - 00:12 Source

By Leith van Onselen CoreLogic’s dwelling price results are in for March, with a 0.19% decrease in values recorded over the month at the 5-city level, again driven by Sydney: It was the sixth consecutive monthly decline in home values, with values down a cumulative 1.6% over that period at the 5-city level: Quarterly value

The post CoreLogic: home values down again in March appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 3, 2018 - 00:11 Source

ABC’s The Business on Thursday evening ran a segment on the $50-billion mortgage broking industry, which has been accused of dodgy dealings during the Banking Royal Commission. The segment covers the trailing commissions, skewed incentives, and risks inherent within the broking industry, with consumer organisations like Choice accusing the industry of selling borrowers larger, more

The post ABC’s The Business does dodgy mortgage brokers appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 3, 2018 - 00:09 Source

The Australian did some good old editorialising yesterday about Newspoll: Labor has lost ground to the LNP in the key federal battleground state of Queensland where Bill Shorten has suffered a hit to his personal ratings in a sign that a vow to stop the Adani coalmine has damaged the Opposition Leader. However, Malcolm Turnbull

The post Why has the Coalition made gains on One Nation? appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 3, 2018 - 00:04 Source

Chinese PMIs were out over Easter and showed good gains emerging from Winter shutdowns: In terms of the size of the company, the PMI of large-sized companies is 52.4% , which is 0.2 percentage point higher than that of the previous month and continues to be in the expansion range. The PMI for small and medium-sized enterprises is 50.4% and 50.1% , respectively, which is 1.4 % and 5.3 % higher than the previous month . Above the point. From

The post China’s PMI mixed appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 3, 2018 - 00:01 Source

Global Macro / Markets / Investing: Fatal Tesla Crash Raises New Questions About Autopilot System – NY Times Tesla Says Driver’s Hands Weren’t on Wheel at Time of Accident – Bloomberg Blockchain will make AI smarter by feeding it better data – Venture Beat Immaculate Inflation Strikes Again – NY Times The One Word Giving

The post Links 3 April 2018 appeared first on MacroBusiness.

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Politically homeless Monday, April 2, 2018 - 22:25 Source

I look to the future it makes me cryBut it seems too real to tell you whyFreed from the centuryWith nothing but memory, memoryAnd I just hope that you can forgive usBut everything must goAnd if you need an explanationThen everything must go- Manic Street Preachers Everything must go

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Press gallery reform Monday, April 2, 2018 - 22:25 Source

I look to the future it makes me cryBut it seems too real to tell you whyFreed from the centuryWith nothing but memory, memoryAnd I just hope that you can forgive usBut everything must goAnd if you need an explanationThen everything must go- Manic Street Preachers Everything must go

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The Australian Independent Media Network Monday, April 2, 2018 - 21:00 Source

By Ad astra Have you ever wondered why our major political parties have such different views about how our economy works, indeed how the global economy works? Have you asked why progressives think so differently from conservatives? Have you pondered why their approaches to our economy are so radically dissimilar? Have you wondered why we…

The post Conservative ideology: the cuckoo in the economic nest appeared first on The AIM Network.

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The Australian Independent Media Network Monday, April 2, 2018 - 14:00 Source

Part Twenty-two of a history of European occupation, rule, and brutal imperialism of Indigenous Australia, by Dr George Venturini.  The greener grass (somewhere) Indigenous People’s representatives often make reference to the experience of their counterparts in countries such as New Zealand and Canada. This is understandable, given the assumption of a ‘commonality’ of the language…

The post The greener grass (somewhere) (Part 1) appeared first on The AIM Network.

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The Australian Independent Media Network Monday, April 2, 2018 - 12:25 Source

The rise of the Libertarian movement in Australia, and other capitalist democracies, poses a far greater threat to our way of life than the isolated acts of terrorism that cause so much fear and hatred. Libertarians are more dangerous because they are insidiously campaigning to undermine the very fabric of our society.  For them, governments…

The post The rise of libertarianism is threatening our way of life appeared first on The AIM Network.

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The Australian Independent Media Network Monday, April 2, 2018 - 08:47 Source

Prediction is easy. It’s one of the easiest things in the world. The difficult bit is getting your predictions right. However, getting your prediction right is’t always the only thing that matters. As a society, we give too much credit on the person who fluked the unlikely, and far too little criticism on people who get…

The post Why Malcolm Turnbull’s Government Will Win The Next Newspoll! appeared first on The AIM Network.

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Poll Bludger Monday, April 2, 2018 - 05:13 Source

Newspoll's quarterly state breakdowns provide new grist for the BludgerTrack mill, highlighted by strong numbers for Labor in South Australia despite their unhappy state election result.

The post BludgerTrack: 53.2-46.8 to Labor appeared first on The Poll Bludger.

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The Australian Independent Media Network Monday, April 2, 2018 - 00:38 Source

Is our cricket now as crook as our politics?  Do we play to win at any cost?  Centre stage this week is Ball Tampering,  a post-modern, morality play which features a hapless Cameron Bancroft, a type of everyman anti-hero and innocent abroad, a batsman in a baggy green cap, who is caught putting his hands…

The post It’s just not cricket. appeared first on The AIM Network.

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North Coast Voices Monday, April 2, 2018 - 00:16 Source

Australian Bureau of Statistics (ABS), media release, 14 March 2018:Census reveals a rise in the rate of homelessness in Australia The rate of homelessness in Australia has increased 4.6 per cent over the last five years, according to new data from the 2016 Census of Population and Housing.The latest estimates reveal more than 116,000 people were experiencing homelessness in Australia on Census night, representing 50 homeless persons for every 10,000 people.Dr P

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North Coast Voices Monday, April 2, 2018 - 00:15 Source

“The Senate shall be composed of senators for each State, directly chosen by the people of the State, voting, until the Parliament otherwise provides, as one electorate”  [Commonwealth of Australia Constitution Act, compilation in effect as of 4 September 2013]“Under the Constitution, each state of the Australian federation, regardless of its population, has an equal number of senators. The Senate currently consists of 76 senators.

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En Passant Sunday, April 1, 2018 - 21:07 Source

 John Passant, standing

 

This is a youtube recording of my poem Burn Australia Burn that I recited at the National Folk Festival on Saturday.

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MacroBusiness Sunday, April 1, 2018 - 10:44 Source

An Easter Holiday. John D. Moore, 1925, Art Gallery of NSW   Markets, Macro & Investing These Trade Jabs Don’t Mean War. Yet. – Bloomberg Chinese steel mills’ April ferrochrome tender prices plunge: sources – Platts Microsoft, Facebook and the Bursting of Bubbles: Is the Collapse of the Market (finally) Nigh? – Medium Low risk

The post Supplementary Easter Links April 1-2, 2018 appeared first on MacroBusiness.

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xkcd.com Sunday, April 1, 2018 - 10:00 Source

Right-click or long press (where supported) to save!

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The Australian Independent Media Network Sunday, April 1, 2018 - 09:45 Source

One of the most refreshing comments made by newly appointed Senator Tim Storer was that he would judge each piece of legislation on its merits and would not be horse-trading. That, of course, would require him taking the time to read the legislation and having the capacity to understand it, unlike Pauline Hanson who can…

The post Hanson’s horse-trading appeared first on The AIM Network.

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The Australian Independent Media Network Sunday, April 1, 2018 - 09:00 Source

By Robert Wood In surveying the contemporary intellectual left in Australia today, I am struck by its over-reliance on theoretical models that are no longer used in metropolitan centres of learning. People here will often invoke the name of dead, white, male, continental European philosophers to buttress their claims about radical political and cultural change.…

The post Ordinary Thinking appeared first on The AIM Network.

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Your Democracy Sunday, April 1, 2018 - 07:11 Source

armour-plated

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The Australian Independent Media Network Sunday, April 1, 2018 - 06:00 Source

Sunday 1 April 2018 1 I know it is Easter and, whether you are of the cloth or not, the word “grace” should be front of mind at this time. Having the grace to forgive someone who has wronged you could be considered to be an amazing grace. Last week I used the analogy of…

The post Day to Day Politics: Turnbull won’t lead the Coalition into the next election. appeared first on The AIM Network.

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Poll Bludger Sunday, April 1, 2018 - 05:39 Source

One last look at last month's two state elections and one federal by-election.

The post Once more with feeling: Batman, SA, Tasmania appeared first on The Poll Bludger.

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North Coast Voices Sunday, April 1, 2018 - 00:15 Source

The NSW Independent Commission Against Corruption (ICAC) began a public inquiry on 27 March 2018. ICAC’s media release of 7 March 2018 stated in part:“….as part of an investigation it is conducting into allegations concerning the Awabakal Local Aboriginal Land Council (LALC) (Operation Skyline).The Commission is investigating whether any public official, being a Awabakal LALC Board director, acted dishonestly and/or in breach of their duty as a Board member in relation to a scheme involving proposals from 2014 to 2016 for the sale and development of

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The Australian Independent Media Network Saturday, March 31, 2018 - 18:45 Source

Fake news has not merely become a business but a designation. It is a way of silencing dissent, and questioning accounts. For the authoritarian, this is not merely a delight, but a necessity. News accounts are deemed the stuff and dreams of the inventive, and those inventors deserve punishment. Denial becomes a state of mind,…

The post Faking it and Fakery: Najib and Censorship appeared first on The AIM Network.

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Your Democracy Saturday, March 31, 2018 - 17:36 Source

nuns

We should see ourselves as no more than monkeys in evolution. We are not there yet. 

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The Australian Independent Media Network Saturday, March 31, 2018 - 17:30 Source

By Loz Lawrey “… It was 1941. Europe was in flames. Spain had fallen to a ruthless dictator. Hitler had rolled over the continent, reduced France to an abject state, and was about to invade Russia. Concentration camps were filled with Jews (though we in America did not know much about that yet). Mussolini ruled…

The post Fascism: History Repeats, Again appeared first on The AIM Network.

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The Australian Independent Media Network Saturday, March 31, 2018 - 15:39 Source

By Denis Bright Mainstream media outlets have generally rushed to judge the circumstances surrounding the use of nerve agents against Sergei Skripal and daughter Yulia in the City of Salisbury in Britain. Both Sergei and Yulia were found in a critical state on a park bench in Salisbury on 4 March 2018. Some police officers…

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Club Troppo Saturday, March 31, 2018 - 15:27 Source

After exhaustive discussion, I’ve been deputed to inform our readers of Troppo’s plastic bag policy. We’re in favour of single-use plastic bags. In fact, we’re making them compulsory.

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Club Troppo Saturday, March 31, 2018 - 13:23 Source

Too much wit outwits itself

Folk saying quoted by Hegel 1

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