Blogotariat

Oz Blog News Commentary
MacroBusiness Monday, May 1, 2017 - 10:06 Source

From Morgan Stanley today: Newsflow and data for the ASX 200 is peaking over the next month. So with commodity linked earnings rolling, industrial outlooks being recalibrated and fiscal and monetary intentions updated, we look into the upcoming noise and break out what matters for markets. A Big Few Weeks for Markets: A run of

The post The amusing mis-pricing of Australian shares appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 0
Popular Science Monday, May 1, 2017 - 09:49 Source

There are so many excuses. You won a goldfish at a raffle, but you have a herd of curious cats at home. You got the goldfish in the breakup, but you travel too much to meet its needs. Your kids won't take care of the goldfish, and anything is better than watching that poor creature suffer.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

The week that was, in amazing science and technology images. Not "curated" or anything rubbish like that, just all together in the one story so you can admire them.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

The waters surrounding Hawaii's eight main islands contain more than 410,000 acres of living coral reefs. If strung together, the reefs would be bigger than Oahu, Hawaii's third largest island. And because of Hawaii's geographic isolation, the reefs support unique life. The Hawaiian Monk Seal, the Bandit Angelfish—even some of the types of coral that comprise the reef itself—are found nowhere else on earth. It's a shame that our sunscreen might be killing them.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

You may have seen headlines proclaiming that the great mystery of Antarctica's "Blood Falls" has finally been solved. That's a little silly, because the big mystery—the question of why blood-like bright red liquid oozes out of the otherwise white surface of Taylor Glacier—hasn't been all that mysterious for some time. Two years ago, a study suggested that the water, a salty brine full of interesting microbial life and colored by a high level of iron, seems to come up from an underground waterway that connects visible lakes on the surface.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

Today's spacesuits are designed to work well while astronauts float around outside the International Space Station. But they're not quite right for walking around on the moon or Mars—they're too heavy and don't provide enough flexibility in the hips and knees. That's why NASA is investing in a next-generation spacesuit for exploring deep space.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

On January 15, 2016, a dead humpback whale was spotted floating off the coast of Virginia Beach. Then Virginia played host to two more stranded humpbacks. So began a terrible trend.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

China will be sending a multi-warship task force across the oceans for six months, setting a record for the longest Chinese naval deployment. While the PLAN has not engaged in combat for nearly 30 years since the 1988 South China Sea skirmishes with Vietnam, it has made it a priority to display its naval might and participate in exercises to build relationships with other navies. There's plenty of historical precedence for global voyages to peacefully display naval power, the most famous being Teddy Roosevelt's dispatch of the "Great White Fleet," a 16-battleship armada that made a global tour from 1907 to 1909.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

This may not come as a total surprise, but NASA has announced it's delaying the maiden flight of its super-duper powerful rocket. The Space Launch System (SLS)—destined to carry humankind beyond Earth's orbit, to the moon and Mars—was supposed to launch in late 2018. Now the target has changed to sometime in 2019.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

The moons orbiting Jupiter and Saturn lie far from the sun's warmth. Most have no atmosphere, and many are covered in an icy sheath miles thick. They're also our best bet for finding life in our own solar system. Beneath the frozen crusts lie vast oceans, and space agencies in the United States and beyond are hard at work on the robots that will one day visit them.

Read more Views: 3
Popular Science Monday, May 1, 2017 - 09:49 Source

Our smartphones and other gadgets are powered by lithium-ion batteries, but as companies like Samsung know all too well, those charge-holders can be flammable under the wrong conditions. The hazards of lithium-ion batteries are also a concern for another group, one with a strong incentive to keep fires at bay: the U.S. Navy. Now chemists at the U.S. Naval Research Laboratory (NLR) have announced a new battery technology that they say is both safe and rechargeable, and could make its way into electric vehicles, bikes, or ships.

Read more Views: 3
MacroBusiness Monday, May 1, 2017 - 09:43 Source

Some good news here:  Australian manufacturing continued its recent recovery in April with the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI® ) climbing 1.7 points to 59.2 points (results above 50 indicate expansion with the distance from 50 points indicating the strength of expansion). This was the seventh consecutive month of

The post Manufacturing PMI goes boom! appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 0
The Australian Independent Media Network Monday, May 1, 2017 - 09:00 Source

By freef’all852 Turning government responsibility from service provider to one of social cohesion. The entire premise of granting public monies via infrastructure grants or tax relief to big corporations is that THEY; the corporations and businesses are the “creators of work and jobs via a “trickle-down-effect” to benefit, eventually, the workers of the nation. This is…

The post Taking (too good) care of business appeared first on The AIM Network.

Read more Views: 4
The Melbourne Urbanist Monday, May 1, 2017 - 08:13 Source

Those who cycle to work have better health prospects than those who commute by car or transit, but it’s unlikely all the public health benefits would scale up if a lot more of us cycled What are the public health benefits of riding to work?

Read more Views: 11
En Passant Monday, May 1, 2017 - 08:00 Source

Morrison’s 2017 Budget Debt: The good, the bad and the ugly

 

The Turnbull Government’s propaganda about good and bad debt is a smokescreen to justify further attacks on welfare spending, writes John Passant in Independent Australia

 

Read more Views: 12
MacroBusiness Monday, May 1, 2017 - 06:10 Source

Deary, deary me. Via the AFR today: Treasurer Scott Morrison says governments can build infrastructure projects more cheaply and effectively than the private sector, justifying the “good debt” focus of his second budget that next week will foreshadow a turning point to “better times” for Australian households. In a wide-ranging interview with The Australian Financial

The post Treasurer Morrison declares an end to the great Australian adjustment appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 11
The Australian Independent Media Network Monday, May 1, 2017 - 06:09 Source

Monday 1 May 2017 A conservative government was elected on September 14 in the year of our Lord 2013. Later a requiem mass for the death of truth in the mainstream media and government was held at old Parliament House Canberra. The service was conducted by Archbishop Murdoch and assisted by an Abbott. The eulogy was…

The post Day to Day Politics: Mass said for the death of truth in government. appeared first on The AIM Network.

Read more Views: 11
MacroBusiness Monday, May 1, 2017 - 00:23 Source

Some intense millennial bashing from The Australian’s Grace Collier over the weekend: Deary me, houses are expensive, are they? Oh snowflakes, cry me a river. …Want to live in the inner city of Melbourne? There is a studio apartment opposite Flinders Street Station on the market for $169,000. Want a house? Try leafy upper Ferntree

The post It’s not called “housing affordability”, it’s called a “bubble” appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 21
Your Democracy Monday, May 1, 2017 - 00:22 Source

the emperor has no clothes ...

“Arrogant, disrespectful and shallow … a man who doesn’t understand his job as Prime Minister,” says Anastasia Palaszczuk in disgust, bringing a hapless Malcolm Turnbull down to earth with a bump, ending a flag-waving, morale-boosting, troop-rallying week.

The Queensland Premier pronounces him to be a worse PM than Tony Abbott.

Read more Views: 16
MacroBusiness Monday, May 1, 2017 - 00:20 Source

By Leith van Onselen Anyone that lives in Sydney or Melbourne will have experienced the crippling rise in congestion on our transport networks first hand. Morning and evening peaks now run for hours, traffic is forever thick on the weekends, and the time taken to travel from point A to point B now takes longer

The post Mass immigration grinds big cities to a halt appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 18
North Coast Voices Monday, May 1, 2017 - 00:16 Source

According to an August 2016 Report Commissioned By The Australian Government And Great Artesian Basin Jurisdictions Based On Advice From The Great Artesian Basin Coordinating Committee the Great Artesian Basin (GAB) is one of the largest underground freshwater reservoirs in the world. It underlies approximately 22% of Australia – occupying an area of over 1.7 million square kilometres beneath arid and semi-arid parts of Queensland, New South Wales, South Australia and the Northern Territory.

Read more Views: 18
North Coast Voices Monday, May 1, 2017 - 00:15 Source

In the 2011 Census there were 2,297,460 rented private dwellings recorded. This was 29.6 per cent of the 7,760,322 private dwellings declared covering an est. 8,420,000 households.By December 2016 the total number of private dwelling stood at 9,802,700 properties, for an est.

Read more Views: 19
MacroBusiness Monday, May 1, 2017 - 00:13 Source

By Leith van Onselen I read with some trepidation this morning that the Coalition Government might still be considering cracking down on so-called welfare ‘cheats’ that are accessing unemployment benefits without applying for jobs. From The Australian: More than 20,000 jobseekers are deliberately “gaming the system” by turning up to Centrelink appointme­nts just to get

The post Budget to bash unemployed appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 10
MacroBusiness Monday, May 1, 2017 - 00:13 Source

At The Australian Alan Kohler sagely asks how Australia will grow once house prices stall: What’s needed is Goldilocks tax reform and fiscal stimulus in the US — not too much capital inflow into the US, but just enough to get everyone’s currency down a bit and stuff up Trump’s plan to make America great again at

The post A lesson in post-bubble growth for Alan Kohler appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 19
MacroBusiness Monday, May 1, 2017 - 00:12 Source

By Leith van Onselen CoreLogic’s dwelling price results are in for April, with a 0.17% rise in values recorded over the month at the 5-city level, driven by Melbourne (+0.50%), Brisbane (+0.61%) and Adelaide (+0.78%), more than offsetting the 0.96% decline recorded in Perth: It was the 17th consecutive monthly rise in home values: Over

The post CoreLogic: Home values rise for 17th consecutive month appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 17
MacroBusiness Monday, May 1, 2017 - 00:10 Source

CoreLogic released its auction report yesterday, which revealed another weekend of strong auction conditions, with the national auction clearance rate rising to 76.9% from 72.1% last weekend, well above the 69.4% recorded in the same weekend last year: However, auction volumes nationally (2,347) were below the same weekend last year (2,675). As shown above, Sydney’s

The post Auction clearances rise but volumes fall appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 17
MacroBusiness Monday, May 1, 2017 - 00:10 Source

By Leith van Onselen History doesn’t repeat, but it sure does rhyme. Yesterday, the Daily Telegraph reported that the Turnbull Government would launch a scheme in the Budget that would allow aspiring first home buyers (FHBs) to salary sacrifice some of their pre-tax income into a special home saver account: Nine days out from the

The post Coalition goes ‘Back to the Future’ on FHB bribe appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 20
MacroBusiness Monday, May 1, 2017 - 00:10 Source

McGrathmageddon is apparently unbelievable to ASX regulators: And more new lows as the firm steadily implodes, both intraday and closing: What’s so unbelievable about it? Damn thing is an accident in motion as realty enters an historic top, the traditional real estate agent business model disintegrates and the huge Perpetual overhang pressures equity? That’s why

The post ASX probes McGrathmageddon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 17
MacroBusiness Monday, May 1, 2017 - 00:06 Source

Last week was a better one for the future of Australian energy as the Do-nothing Government finally got moving on domestic gas reservation and other ideas to resolve the energy crisis. However, one cannot say the same for Do-nothing Malcolm’s broader energy politics which looks very much like chaos. Let’s list recent developments: Do-nothing Malcolm

The post Fill in the blank: Westpac is a coal “whimp”, Coalition is a coal……….. appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 8
MacroBusiness Monday, May 1, 2017 - 00:05 Source

Spot jumped with Tianjin benchmark up 2.1% to $68. Paper kept the surge going overnight. The bear market rally continues. Let’s see how it takes the weakening weekend Chinese PMI. Clyde Russell has a good piece out: The traditional method of looking at the supply-demand balance and assessing the cost of marginal supply does provide

The post Daily iron ore price update (bear market rally) appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 9

Pages