Blogotariat

Oz Blog News Commentary
New Matilda Monday, August 31, 2015 - 16:07 Source

The contentious mine could come unstuck over claims the independent planning authority failed to consider its impact on the local Koala population.

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MacroBusiness Monday, August 31, 2015 - 15:57 Source

by Chris Weston It is bizarre that S&P 500 and commodity futures should open 1% lower based on the idea that the Chinese Stability Fund will no longer be active in the market. It seems like we simply need a reason to panic these days. In theory, adding to the Stability Fund’s current position and

The post ASX at the close appeared first on MacroBusiness.

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Delimiter Monday, August 31, 2015 - 15:35 Source

Communications Minister Malcolm Turnbull appears to have called in National Broadband Network contractor Fulton Hogan to assist with a political photo opportunity associated with the by-election campaign in the Canning electorate in South-East Perth and Mandurah.

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MacroBusiness Monday, August 31, 2015 - 14:59 Source

By Leith van Onselen Robert Gottliebsen (“Gotti”) has gotten off the phone again with his mate, “Highrise” Harry Triguboff, who has asked him to “alert Australia that next year we could face a real estate crisis” if Australia’s banks pull funding from buyers of apartments, which are heading into oversupply. From Business Spectator: The major

The post Gotti sounds Triguboffonomic alarm appeared first on MacroBusiness.

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Renew Economy Monday, August 31, 2015 - 14:47 Source

Gas was once considered a clean, green and cheap fuel. Now it is no longer clean, no longer green and certainly not cheap.

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Renew Economy Monday, August 31, 2015 - 14:46 Source

Qld energy minister says state will facilitate demand for rooftop solar + storage, use reverse auctions to boost large-scale renewables.

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Renew Economy Monday, August 31, 2015 - 14:42 Source

Redflow chairman Simon Hackett says market for battery storage "running hot" and seem them as common place as broadband within a decade. His goal is to deliver software to make flow batteries easy to use. And if utilities try to fight this with higher tariffs, good luck with that.

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MacroBusiness Monday, August 31, 2015 - 14:01 Source

APRA’s July banking statistics are out and in July, all six major banks remained above the APRA line in the sand for 10% investors loan growth: Only CBA is playing by the rules at this point, although ANZ is decelerating and WBC was below before last month. It’s jump up may be driven by a

The post Major banks still above APRA’s investor mortgage cap appeared first on MacroBusiness.

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Renew Economy Monday, August 31, 2015 - 13:59 Source

Australia's first grid-connected solar power project with cloud predicting technology launched at Karratha Airport, WA, in bid to smooth solar supply.

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Renew Economy Monday, August 31, 2015 - 13:59 Source

A further look at the idiosyncrasies of wind in South Australia.

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Renew Economy Monday, August 31, 2015 - 13:59 Source

Report says Abbott's 2030 emissions target will need brown coal generators to close, but government's current suite of policies favour these plants.

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MacroBusiness Monday, August 31, 2015 - 13:51 Source

by Chris Becker One of the main thresholds the Fed is looking at before it jumps into a tightening cycle is the personal consumption expenditure or PCE print, which on Friday night surprised to the upside. From USNews: Disposable personal income climbed 0.5 percent for the fourth consecutive month of growth, according to a report

The post Hawks rule as Fed prepares to hike appeared first on MacroBusiness.

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Renew Economy Monday, August 31, 2015 - 13:26 Source

Infigen Energy says investment drought in Australian renewables could last another 18 months as big utilities extend their buyer's strike, and developers struggle to put together capital to build wind and solar farms without long term contracts.

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The Australian Independent Media Network Monday, August 31, 2015 - 12:45 Source

“Your Say” and I’m going to have my say.

Does New Matilda really want You dead in a ditch? Well… decide for yourself.

After 5 years of Tony Abbott and his Liberal supporters having death fantasies about Julia Gillard I have reached my tolerance level for the language of violence in the political commentary in this country.

Tony Abbott might have delighted in this “baseball bats aren’t there for Anna Bligh, they’re there for this Prime Minister [Julia Gillard]”

Graeme Morris dreamed of “kicking her [Julia Gillard] to death”

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MacroBusiness Monday, August 31, 2015 - 12:35 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) today released its Mineral & Petroleum Exploration data for the June quarter, which revealed heavy falls in both mineral and petroleum exploration expenditure. Nationally, expenditure on minerals exploration fell by a seasonally-adjusted $52 million (-13.9%) over the June quarter, continuing the extended run of falls

The post Mining exploration tanks in June quarter appeared first on MacroBusiness.

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Table Talk: Bob Ellis on Film and Theatre Monday, August 31, 2015 - 12:10 Source

Hard to keep up with the disasters the Abbott government daily accumulates. Today it seems they’ve spent fifty two million dollars settling only four asylum seekers in Cambodia, and Cambodia will take no more. It seems as well that only one asylum seeker has been accepted by PNG, and he has been forbidden to work there. And more asylum seekers, in fact, have been killed on Manus than have been settled in that country, or persuaded to go home.

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Delimiter Monday, August 31, 2015 - 12:06 Source

Two senior Government Ministers have praised the merger and research credentials of Australia’s peak scientific and IT research organisations, despite having simultaneously cut the groups’ funding levels to a level described as “to the bone”, causing the merger and the potential loss of several hundred jobs.

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MacroBusiness Monday, August 31, 2015 - 12:04 Source

From the ABS comes Business Indicators for the June quarter: Real sales volumes fell in seasonally adjusted terms for both manufacturing and wholesale trade, which will drag on real GDP growth. Inventories were also flat over the June quarter in seasonally adjusted terms, below expectations of a 0.2% quarterly lift and well below the last

The post Business indicators to drag on GDP appeared first on MacroBusiness.

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MacroBusiness Monday, August 31, 2015 - 11:48 Source

By Leith van Onselen The Reserve Bank of Australia (RBA) today released its private sector credit aggregates data for the month of July: A chart showing the long-run breakdown in the components is provided below: Personal credit growth (0.0% MoM; 0.4% QoQ; 0.9% YoY) remains in the gutter, whereas business credit growth (0.7% MoM; 1.2%

The post Investor credit slows as APRA curbs bite appeared first on MacroBusiness.

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Drag0nista's Blog Monday, August 31, 2015 - 11:48 Source

Bombing Syria, cutting taxes, and dumping Joe Hockey as Treasurer - the latest ideas coming out of this Government suggest Tony Abbott is desperately scrabbling for anything in the hope of escaping his dire situation.

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MacroBusiness Monday, August 31, 2015 - 11:39 Source

by Chris Becker The Shanghai Composite just opened down nearly -2%, dragging the ASX200 down 1% with it although its slowly coming back:   Volatility is still here!

The post China shares open down 2%, ASX follows appeared first on MacroBusiness.

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The Melbourne Urbanist Monday, August 31, 2015 - 11:33 Source

Is the planning of new fringe suburbs getting better?

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MacroBusiness Monday, August 31, 2015 - 11:23 Source

by Chris Becker The TD Securities – Melbourne Institute Monthly Inflation Gauge barely rose during August – up 0.1% after the 0.2% lift-off in July. This is going to weigh on the RBA tomorrow. Salient points from TD: In the twelve months to August, the Inflation Gauge increased by 1.7 per cent, following a rise of

The post TD MI inflation flat as a tack appeared first on MacroBusiness.

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Delimiter Monday, August 31, 2015 - 11:21 Source

Fetch TV has revealed it is financially profitable and rapidly expanding its operations and customer numbers, in news that signals it will not be substantially adversely affected by the decision by iiNet’s new owner TPG to terminate its long-standing relationship with the Internet television company.

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MacroBusiness Monday, August 31, 2015 - 11:18 Source

By Martin North, cross-posted from the Digital Finance Analytics Blog: The HIA New Home Sales Report, a survey of Australia’s largest volume builders, showed a very modest decline of 0.4%. HIA say key leading indicators of home building, including HIA New Home Sales, suggest little prospect for further growth in new home construction in 2015/16.

The post HIA new home sales past peak appeared first on MacroBusiness.

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New Matilda Monday, August 31, 2015 - 10:55 Source

Israel's Netanyahu government isn't just focussed on the oppression of Palestinians. Tim Robertson reports on the ongoing treatment of African refugees.

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MacroBusiness Monday, August 31, 2015 - 10:39 Source

by Chris Becker Earlier this year as we watched the decline in oil prices, from over $100USD to less than $45USD per barrel for WTI crude, I cautioned that oil has a history of being extremely volatile on the up and downside and investors should not discount a 20-50% from that low. In just over

The post Is the bottom in for oil? appeared first on MacroBusiness.

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Popular Science Monday, August 31, 2015 - 10:06 Source

What's the best way to shoot down a drone? For many in the defense industry, the solution to flying robots is as futuristic as the threat itself: lasers. Yesterday Boeing released video of its “Compact Laser Weapons System” destroying a drone. Like other directed energy weapons, the laser focuses light to burn a hole through its target. Here, watch it burn through the tail of a drone at “a tactical range”:

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Popular Science Monday, August 31, 2015 - 10:06 Source

IPhone owners who want to use Android Wear may soon breath easy. After months of speculation from the technology press, it appears that Huawei may have revealed Android Wear will released on iOS in the near future.

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Popular Science Monday, August 31, 2015 - 10:06 Source

Eleven of the fifteen largest cities in the world are located on the coast. The tenuous barrier between land and sea was a boon for humanity in the past, providing access to ports around the globe, building lifelines of trade between countries, and raising triumphs of steel and concrete high into the air. Now, sea levels are also on the rise, putting millions of people who live in those cities in harm's way.

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