Blogotariat

Oz Blog News Commentary
The Melbourne Urbanist Tuesday, October 17, 2017 - 08:42 Source

Suburbanites are fatter than inner city residents, but it might not be because the suburbs are more car-oriented; it might be because the two regions attract different types of people Do the suburbs make you fat? Advertisements

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Inside Story Tuesday, October 17, 2017 - 08:33 Source

Some mornings, when Gilda Civitico arrived at the Victorian Infec­tious Diseases Reference Laboratory where she worked as director of experimental design, she would open a cage of fluffy ducklings and ease them into a sink. “I gave them a little pat and let them have a swim,” she recalls, “with their mates.” Then she cupped one in her hand, anaesthetised it, and while its tiny heart still quivered, she sliced open its belly, snapped through its ribcage, disentangled the pulsing organs, and harvested its slippery liver, snipping off portal veins and connective vessels.

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MacroBusiness Tuesday, October 17, 2017 - 06:40 Source

DXY lifted last night and is nicely placed for an inverse head and shoulders bottom (which is meaningless unless it happens): AUD was thumped against DMs: And mixed against EMs: Gold was hit: Brent jumped on Kurdish and Iran tensions: Base metals were mixed but copper went stupid: Big miners were strong: EM stocks stalled:

The post Australian dollar whacked as Fed hawk rises appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, October 17, 2017 - 06:00 Source

Tuesday 17 October 2017 1 The latest is that Tony Abbott does want his job back. According to Mark Kenny Abbott said on the Ray Hadley show yesterday that “a future return to the leadership was possible but would occur only if he was drafted by colleagues, which he described as “almost impossible to imagine”. “Tony Abbott…

The post Day to Day Politics: The latest is that … appeared first on The AIM Network.

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Poll Bludger Tuesday, October 17, 2017 - 04:55 Source

This week’s reading of the Essential Research fortnight rolling average records an unusually solid two-point move in favour of the Coalition on two-party preferred, reducing Labor’s lead to 52-48. Nothing in The Guardian’s report on primary votes, so those will have to wait until later in the day. What we do have in the report is that 65% support a clean energy target, 74% back support for renewable energy and “a majority” support Labor’s goal of 50% renewable energy by 2030.

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MacroBusiness Tuesday, October 17, 2017 - 04:50 Source

Via New Daily: Tony Abbott has said it is “almost impossible to imagine” he will one day return to the leadership while revealing the one scenario where it could happen. “When you’re an ex (leader) the only way you can come back is if you are drafted,” the former prime minister told 2GB radio on Monday

The post Why Tony Abbott is indeed a chance to lead again appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 04:28 Source

And how the world turns. Do-nothing Malcolm has pulled a rabbit out of his hat or, rather, a lump of coal, with an ingenious new policy, via The Australian: Energy retailers will be forced to buy a minimum amount of baseload power from coal, gas or hydro for every megawatt of renewable energy under a

The post Do-nothing guarantees high power prices with Coal Energy Target appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 04:27 Source

Via Craig James:  The Federal Budget has started 2017/18 where it left off the previous financial year. Payments are lower-thanexpected and revenue is higher-than-expected. Not only are rolling annual aggregates showing improvement, so are the so-called ‘profile’ positions estimated by the Department of Finance.  The Government continues to exercise spending restraint. In fact

The post Budget improvements continue on bulks good run appeared first on MacroBusiness.

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Poll Bludger Tuesday, October 17, 2017 - 01:06 Source

With an election looming ever nearer, Newspoll records Labor with a 52-48 lead on state voting intention in Queensland, from primary votes of Labor 37%, LNP 34%, One Nation 16% and Greens 8%. This is an all new result, conducted from a sample of 917 respondents from Tuesday to Thursday last week, and not an accumulation of polling conducted over a longer period, as is often the case with state Newspoll results. Compared with the previous poll, conducted from July through September, it has Labor, the LNP and the Greens steady, One Nation up a point, and Labor down a point on two-party preferred.

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MacroBusiness Tuesday, October 17, 2017 - 00:30 Source

Via The Guardian yesterday: Australia does not “fully know” how an increasingly assertive China will use its power, Penny Wong has warned in a speech pledging to safeguard Australia’s sovereignty while accepting China as a global player. The defence and security communities must be “on the lookout for threats” as government and business expand the trade relationship

The post Chinese power is approaching its zenith appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 00:25 Source

From Shame Oliver at The Australian Property Journal: Introduction A common narrative on the Australian housing market is that it’s in a giant speculative bubble propelled by tax breaks, low interest rates and “liar loans” that have led to massive mortgage stress and that it’s all about to go bust, bringing down the banks and

The post Shame Oliver: House price soft landing ahead appeared first on MacroBusiness.

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North Coast Voices Tuesday, October 17, 2017 - 00:18 Source

In Australia where the dead have better Internet access than the living……Hansard, 16 October 2017:Ms McBRIDE (Dobell) (14:53): My question is to the Prime Minister. We are now in the fifth year of this Prime Minister's mismanagement of the NBN.

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North Coast Voices Tuesday, October 17, 2017 - 00:17 Source

Almost every person is Australia pays some form of taxation, even if payment is confined to the Goods & Services Tax (GST).These taxes can result in a little or a lot of dollars ending up in government coffers rather than finding a home in the household kitty .So I’m sure readers in the Northern Rivers region where household incomes are on the lower end of the national scale will be really impressed with the fact that yet another Turnbull Government MP is spending taxpayer dollars on public

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North Coast Voices Tuesday, October 17, 2017 - 00:16 Source

“The Court reserves its decisions in these matters. It is hardly necessary to say that the Court is aware of the need to give its answers to these references with or without reasons as soon as possible. As counsel and instructing solicitors would appreciate, it is not always possible for the Court to do so immediately.

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MacroBusiness Tuesday, October 17, 2017 - 00:12 Source

By Leith van Onselen With the ABS yesterday releasing its total housing finance statistics for August at the jurisdictional level, it’s an opportune time to once again see how these are tracking against dwelling values, as measured by the CoreLogic index (current to end-September 2017). First, below is the national picture, which shows finance approvals

The post Sydney dwelling prices re-converge with housing finance appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 00:10 Source

By Leith van Onselen The Bank for International Settlements (BIS) has released a new working paper, entitled “Interest rates and house prices in the United States and around the world”, which attempts to determine how interest rates affect house prices across 47 countries. The paper’s key finding is that short-term interest rates are “surprisingly important”

The post BIS: Australia’s 55-year housing bull market longest in the world appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 00:10 Source

By Leith van Onselen The Australian Bureau of Statistics yesterday released its overseas short-term arrivals and departures figures for August, which continued to show a trend rise in the number of inbound tourists, with Chinese arrivals continuing to boom. The number of short-term visitor arrivals fell 5.8% in August in original terms, whereas short-term resident

The post Chinese tourism hit another record high in August appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 00:06 Source

By Leith van Onselen From Bloomberg comes news that London’s house prices are falling at their fastest pace since the Global Financial Crisis: Early data point to home values in London declining 2.7 percent in September from a year earlier, the most since 2009, according to Acadata and LSL property Services. A 0.7 percent fall

The post London house prices falling at fastest pace since GFC appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 00:05 Source

Iron ore price charts for October 16, 2017: Spot firmed. Paper fell sharply overnight. Steel futures rose a bit yesterday. Port stocks fell 2.5mt last week to 130.35mt. Nothing changed for me. The path of least resistance still seems lower on the basic guess that winter shutdowns will balance out as lower iron ore demand.

The post Daily iron ore price update (flame out) appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 00:05 Source

Chinese credit data for September was out on Saturday. Total Social Financing came in at 1.82tr yuan, banks made up 1.27tr yuan of that: Shadow banking accounted for 30%, consistent with the recent trend of slowing: Year on year growth in new yuan loans was a meager 5.8% but the three month moving average is

The post Chinese credit still slowing appeared first on MacroBusiness.

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MacroBusiness Tuesday, October 17, 2017 - 00:01 Source

Global Macro / Markets / Investing: What Global Finance Chiefs Are Saying About the Economy – Bloomberg The IMF Gives A Cautious Welcome To Universal Basic Income – Forbes Your Next Home Could Run on Batteries – WSJ The Coming Renaissance of Macro Investing – Barron’s Americas: The Kochs want that tax cut. Badly. –

The post Links 17 October 2017 appeared first on MacroBusiness.

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Harrangue Man Monday, October 16, 2017 - 21:22 Source

I got to say sorry to someone I harmed through inaction. It weighed on me for years but I got to say face-to-face that I had fucked up and that it should not have happened.There's some cartharsis and the clawing guilt has receeded. It was one of those deathbed regrets put to bed well ahead of death. That is a win in anyone's book.

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The Australian Independent Media Network Monday, October 16, 2017 - 21:14 Source

By Jane Salmon Festival of the Dead, Halloween, is also the literal deadline for the Manus men still at Lombrun RPC. On that date they are to be forced out of the compounds that have housed them for 4 years, and into Lorengau. My children will be running around lush front lawns collecting treats in…

The post Manus deadline looms: opinion appeared first on The AIM Network.

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John Quiggin Monday, October 16, 2017 - 20:24 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

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Political Owl Monday, October 16, 2017 - 18:30 Source
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MacroBusiness Monday, October 16, 2017 - 16:49 Source

by Chris Becker Asia starts the week with strong upswings on stock markets outside China with bonds also strengthening as Friday’s US CPI print is absorbed by risk and non-risk traders alike. Commodities didn’t lose the pace either with gold holding above the $1300USD per ounce level. In mainland China the Shanghai Composite is slumping

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Monday, October 16, 2017 - 14:57 Source

Not long ago, energy market modellers thought we’d be building gas turbines everywhere to hit our emissions targets. How quickly things change.

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Renew Economy Monday, October 16, 2017 - 14:22 Source

China’s decarbonization boat stayed in harbour this year but the winds of change continue to blow.

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Renew Economy Monday, October 16, 2017 - 14:22 Source

China’s decarbonization boat stayed in harbour this year but the winds of change continue to blow.

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MacroBusiness Monday, October 16, 2017 - 14:18 Source

Chinese inflation is out and the CPI is still soft at 1.6% while the PPI is wildly overheated at 6.9%: The producer inflation pulse is slightly more broad than earlier in the stimulus boomlet but not much: It’s moved from steel and energy to metals and energy. As Chinese building slows next year, the world

The post Chinese inflation remains crazy narrow appeared first on MacroBusiness.

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