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Poll Bludger Friday, October 20, 2017 - 04:38 Source

The Coalition recovers just a little bit from its low base in this week’s reading of BludgerTrack, which incorporates new results from Newspoll, Essential Research and YouGov. The Coalition is up half a point on the primary vote and 0.3% on two-party preferred, although the bigger mover is One Nation, which came in higher from all three pollsters. The only change on the seat projection is a gain for the Coalition in Victoria. After a leap last week on the back of the monthly Essential Research numbers, Malcolm Turnbull’s is down again on the leadership trend after a very different result from Newspoll.

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MacroBusiness Friday, October 20, 2017 - 00:31 Source

The interest rate community is deluded. The only prominent outfit that has it right is Westpac and it may not be dovish enough. A new shock is rolling towards Australia, one we know quite well, and it will arrive in the next few months. It is iron ore and bulk commodities. China is slowing. More

The post Here comes our next China shock appeared first on MacroBusiness.

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MacroBusiness Friday, October 20, 2017 - 00:30 Source

By Leith van Onselen Just shy of a month ago, on 23 September, the New Zealand General Election was held. A deadlock ensued whereby none of the major parties secured the 61 seats necessary to form Government, with the incumbent National Party securing 56 seats, the Labour/Green alliance securing 54 seats, and New Zealand First

The post Kingmaker delivers NZ a new PM on housing and immigration appeared first on MacroBusiness.

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MacroBusiness Friday, October 20, 2017 - 00:19 Source

By Leith van Onselen Back in April, the RBA warned that interest-only lending had reached extreme levels and that borrowers faced potentially sharp repayment burdens when interest rates were reset: …for IO loans repayments of principal are not required during the IO period, which is typically the first five to ten years of the loan.

The post Australia’s sub-prime interest-only time bomb appeared first on MacroBusiness.

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MacroBusiness Friday, October 20, 2017 - 00:15 Source

By Leith van Onselen Earlier this month, we argued that Sydney’s housing boom looked cooked due to a combination of regulatory curbs on investor lending (whereby investors are about %60 of new mortgage lending), falling auction clearances, rising stock on market, and rapidly slowing dwelling value growth. This view was confirmed somewhat by Domain’s September

The post More evidence Sydney’s housing market is cooked appeared first on MacroBusiness.

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North Coast Voices Friday, October 20, 2017 - 00:15 Source

Donald Trump became the first sitting US president to attend and give a keynote speech at the annual Values Voter Summit which this year was held in Washington DC on 12-15 October.This event included

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North Coast Voices Friday, October 20, 2017 - 00:15 Source

“the shame and humiliation of losing high office drives him on, with the thinnest of rationalisations for his actions” [Judith Brett]La Trobe University Emeritus Professor Judith Brett writing in The Monthly, August 2017:Once again Tony Abbott has wrecked the chances of Australia achieving a bipartisan policy on emissions reduction.

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MacroBusiness Friday, October 20, 2017 - 00:12 Source

By Leith van Onselen In the week ended 19 October 2017, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.10%: Values fell in Sydney and Adelaide, rose in Melbourne, but were flat elsewhere: So far in October, dwelling values have increased by 0.03%, with all jurisdictions

The post CoreLogic weekly Australian house price update appeared first on MacroBusiness.

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MacroBusiness Friday, October 20, 2017 - 00:10 Source

By Leith van Onselen Yesterday’s ABS labour force release for September revealed further good news for those aged 15 to 24 years old that are looking for a job. The trend headline unemployment rate fell slightly from 12.77% in August to 12.72% in September: Total employment growth for those aged 15-24 years of age has

The post Youth labour market continues to rebound appeared first on MacroBusiness.

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MacroBusiness Friday, October 20, 2017 - 00:01 Source

Global Macro / Markets / Investing: Dow Hits Another Milestone, But Signs of Caution Loom – WSJ Dow’s Dance With 23000 Comes 30 Years After Black Monday – WSJ If the World Is Falling Apart, Why Does the Stock Market Keep Rising? – The Atlantic Don’t Rely on U.S. Consumers to Power Global Growth –

The post Links 20 October 2017 appeared first on MacroBusiness.

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Digitopoly Thursday, October 19, 2017 - 23:44 Source

[This article was initially published in HBR Online on 19th October, 2017]

Netflix hit the industry with some bombshell moves this month. First, it announced that it plans to spend $8 billion on original content next year (including on 80 new movies). This is far more than any other online player. Obviously, this is great news for its 100 million-odd customers worldwide.

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Political Owl Thursday, October 19, 2017 - 22:05 Source
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Political Owl Thursday, October 19, 2017 - 21:15 Source

The Owl warned her.Back in August we warned that Jacinda Ardern puts Tora Tora Tora Julie Bishop on notice following poll surge in NZ election race. "You're so Vain" we suggested as the appropriate political singalong.And now it has come to pass.Jacinda has the top job across the ditch and Julie will have to play please forgive me.The diplomats who were shocked at the strength of Tora Tora Tora' s outburst at the time, now claim "the bilateral relationship is strong and broad enough to bear the strain".Perhaps a chorus or two

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George Monbiot Thursday, October 19, 2017 - 20:18 Source

Some radical ideas for reshaping the economy.

By George Monbiot, published on LabourList, 16th October 2017

 

The ideology Labour confronts has penetrated so far into our lives, and has been so thoroughly internalised and reproduced, that we have found it difficult to see, or even to name. This ideology is neoliberalism.

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The Australian Independent Media Network Thursday, October 19, 2017 - 19:04 Source

22nd January 1939 – 14th October 2017 ; 78 years old Remembrances by her son, Dr Tristan Ewins Amy as a child and younger woman Amy Evelyn Ewins – who I hereafter will refer to just as ‘Mum’ – was born in January 22nd 1939 ; the year war broke out in Europe.  And during…

The post Amy Ewins – Remembering my dearest Mum – An Australian Story appeared first on The AIM Network.

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The Australian Independent Media Network Thursday, October 19, 2017 - 18:53 Source

By Terence Mills Several years ago a friend who gambles regularly mentioned to me that pokies were manipulated by the larger clubs and casinos to boost the House take and diminish the odds for a punter to win. He particularly mentioned how the win-options were compromised for weekends and when there were large conventions staying…

The post The Opium of the People and the Addiction of Government appeared first on The AIM Network.

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The Australian Independent Media Network Thursday, October 19, 2017 - 18:40 Source

By Kyran O’Dwyer There is an old adage, “Lie to me once, shame on you. Lie to me twice, shame on me”. Day after day, I, like every other Australian, am assured, or reassured (depending on my disposition), by our ‘leaders’ that everything’s alright. No matter the problem. Day after day, politicians parade themselves in…

The post ‘Spring clean’, anyone? appeared first on The AIM Network.

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The Australian Independent Media Network Thursday, October 19, 2017 - 18:06 Source

This is a government that takes pride in its hard headedness and faux populism. Knowing it would have to brave a sceptical, even baffled Senate, Australian Immigration Minister Peter Dutton, resembling a bit dictator struggling for traction, decided to ignore the signals. What was required, claimed Dutton, were tougher citizenship laws to govern Australia, an…

The post Australia’s Citizenship Bill Fails appeared first on The AIM Network.

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Popular Science Thursday, October 19, 2017 - 16:10 Source

This month, Northern California experienced some of the worst fires it's ever had, killing dozens of people and leaving thousands without homes. The ongoing fires started in Napa and Sonoma counties and spread to Mendocino and Solano, all regions world-renowned for their wine.

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Popular Science Thursday, October 19, 2017 - 16:10 Source

 
Two city-sized orbs dance through their galaxy. Their dense mass, each equivalent to a star, spins the partners as they get closer and closer together, grazing the outer limits of their other half's being. For 100 breathless seconds, their pas de deux of anticipation sends gravitational shivers through the universe.

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Popular Science Thursday, October 19, 2017 - 16:10 Source

Back in the film photography days, different films produced distinct “looks”—say, light and airy or rich and contrasty. An experienced photographer could look at a shot and guess what kind of film it was on by looking at things like color, contrast, and grain. We don't think about this much in the digital age; instead, we tend to think of raw digital files as neutral attempts to recreate what our eyeballs see. But, the reality is that smartphone cameras have intense amounts of processing work happening in the background. Engineers are responsible for guiding that tech to uphold an aesthetic.

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Popular Science Thursday, October 19, 2017 - 16:10 Source

When Charles Reilly and Donald Inger set out to make their short film—In the Beginning, an homage of sorts to Star Wars that (spoilers) tells the tale of a single sperm's triumph in a literal life or death race to fertilize an egg—they had just one goal.

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Popular Science Thursday, October 19, 2017 - 16:10 Source

Ask people to name the most famous historical woman of science and their answer will likely be: Madame Marie Curie. Push further and ask what she did, and they might say it was something related to radioactivity. (She actually discovered the radioisotopes radium and polonium.) Some might also know that she was the first woman to win a Nobel Prize. (She actually won two.)

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Popular Science Thursday, October 19, 2017 - 16:09 Source

I started using the iPhone as my personal device in the 4S era of 2011. I liked the hardware and the fact that it let me avoid all the tricky Android version and compatibility issues. Since then, I have waited for an Android phone that could sway me to the other side, away from the iOS life I chose for myself many years ago.

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Renew Economy Thursday, October 19, 2017 - 15:21 Source

How Turnbull's National Energy Target will be worse for the renewable energy sector than no policy at all.

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Renew Economy Thursday, October 19, 2017 - 14:54 Source

Chinese battery and EV giant is ramping up its presence in Australia’s home energy storage market with its modular B-Box battery offering.

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Renew Economy Thursday, October 19, 2017 - 14:50 Source

It seems like the Government’s plan may reduce competition and that is never good for price in the long run. One of the many advantages of State run reverse auctions is they introduce new suppliers and new players into the system.

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Renew Economy Thursday, October 19, 2017 - 14:50 Source

It seems like the government’s plan may reduce competition, and that is never good for price in the long run. One of the many advantages of state run reverse auctions is they introduce new suppliers and new players into the system.

Read more Views: 19
Renew Economy Thursday, October 19, 2017 - 14:47 Source

Energy Security Board forecasts suggest a sharp slow down in rooftop solar deployments to meet its modest renewable energy share. It comes as concerns grow about ESB process and the alacrity with which the normally snail-paced AEMC has moved to confer great powers upon itself.

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Renew Economy Thursday, October 19, 2017 - 14:47 Source

Energy Security Board forecasts suggest a sharp slow down in rooftop solar deployments to meet its modest renewable energy share. It comes as concerns grow about ESB process and the alacrity with which the normally snail-paced AEMC has moved to confer great powers upon itself.

Read more Views: 19

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