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New Matilda
Thursday, April 17, 2014 - 12:47
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Only a political partisan would accuse ICAC of bias for bringing down NSW Premier Barry O'Farrell. Elected to clean up Labor's corruption, O'Farrell has himself to blame, writes Ben Eltham |
Delimiter
Thursday, April 17, 2014 - 12:41
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A key lobbyist for the anti-piracy group originally known as the Australian Federation Against Copyright Theft enjoys a congenial email relationship with the secretary of the Attorney-General's Department and other senior officials, a Freedom of Information request has revealed, with the lobbyist regularly using the channel to pass on anti-piracy propaganda. |
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MacroBusiness
Thursday, April 17, 2014 - 12:36
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By Leith van Onselen The Australian Bureau of Statistics (ABS) has just released new motor vehicle sales for the month of March 2014, which registered a 0.3% seasonally adjusted fall over the month and a 2.8% decrease over the year (see next table). It was the third consecutive monthly decline in sales. Sales in March [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
New Matilda
Thursday, April 17, 2014 - 12:28
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As another premier departs, it's time for all parties to acknowledge that NSW has a lobbying problem. The opportunity for real reform is now, argues Greens MP John Kaye |
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New Matilda
Thursday, April 17, 2014 - 12:05
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Independent NSW MP Alex Greenwich has raised concerns over transparency in parliament, with little interest from the Government. Barry O'Farrell's replacement must do better |
MacroBusiness
Thursday, April 17, 2014 - 11:45
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By Leith van Onselen In case you missed it, attached is an interesting debate aired last night on ABC’s The Business on the merits of negative gearing. In the one corner is Saul Eslake, chief economist at Bank of America Merrill Lynch, arguing (as I have done) that negative gearing is a wasteful policy that [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Thursday, April 17, 2014 - 11:25
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By Leith van Onselen Around six months ago, I attended a friend’s bucks party in Melbourne’s CBD. As bucks nights usually go, we ended up at some seedy bars along King Street, where the night ended around 2 am. As is so often the case in Melbourne, we were unable to find a taxi. Luckily [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Delimiter
Thursday, April 17, 2014 - 11:23
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The computers for schools program, which involved federal funding for the supply of laptops to high school students, is set to end in June. The program was a central piece of the former government’s “digital revolution” but is being discontinued by the current government. The end of the program is already having consequences for schools and for families. |
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The Australian Independent Media Network
Thursday, April 17, 2014 - 11:14
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Inside Story
Thursday, April 17, 2014 - 11:10
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THE Gavin Mooney Memorial Essay Competition honours the work and memory of the late Professor Gavin Mooney (above), a health economist who was a tireless advocate for social justice in local, national and international arenas. Each year the competition will call for entries related to a theme around equity and social justice. |
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Delimiter
Thursday, April 17, 2014 - 11:01
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Malcolm Turnbull yesterday made several statements on the ABC's Triple J radio station regarding financial projections for Labor's National Broadband Network project which the Communications Minister is aware are false, with the former investment banker inaccurately conflating investment capital and government expenses for the project as well as exaggerating financial figures. |
Inside Story
Thursday, April 17, 2014 - 10:40
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Outstripping the CPI: Joe Hockey, pictured here with Reserve Bank governor Glenn Stevens at an IMF/ World Bank meeting in Washington last Friday.
International Monetary Fund |
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Cheeseburger Gothic
Thursday, April 17, 2014 - 10:39
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Wasn't sure if this metaphor would hold up for 500 words. But it did. Cos I got metaphor muscles. Wasn't sure I could even get 500 words out of the state gubbermint's stupid Strong Choices website. Until I realised just how stupid it was.
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John Quiggin
Thursday, April 17, 2014 - 10:31
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All through the Bligh government’s three year campaign to sell public assets, I challenged Treasurer Andrew Fraser to a public debate on the issue, or at least to a response to the criticisms I and other economists made of the government’s case. Fraser never responded: even when we spoke at the same event (to a friendly business-oriented crowd) he gave his speech and left before anyone else was allowed on the platform. |
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MacroBusiness
Thursday, April 17, 2014 - 10:27
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By Leith van Onselen In the week ended 17 April 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.37%. It was the seventh consecutive weekly rise in values (see next chart). Values rose in four major capitals and fell in one (see next chart). [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Table Talk: Bob Ellis on Film and Theatre
Thursday, April 17, 2014 - 10:22
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I suspect, but I am not certain, that Pru Goward will be Premier this afternoon. |
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MacroBusiness
Thursday, April 17, 2014 - 09:37
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By Leith van Onselen While driving home from the swimming pool on Tuesday night, I listened to an ABC radio interview featuring former leader of the National Party, Tim Fischer, alongside Beyond Zero Emissions’ Gerard Drewe, lamenting how the proposed second Sydney airport would lessen the prospect of building a high speed rail line linking [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Delimiter
Thursday, April 17, 2014 - 09:28
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Australia-based software as a service email marketing platform Campaign Monitor announced overnight that it had taken a $250 million investment from US-based venture capital firm Insight Venture Partners, in one of the largest ever VC investments in an Australian technology startup. |
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Skepticlawyer
Thursday, April 17, 2014 - 09:21
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When the muezzin calls the faithful to prayer, part of his call is “come to success” (Hayya ʿala ‘l-falāḥ, literally “hasten to success”). The idea is that Islam leads to success in this world and the next. For the key problem in Islam is ignorance, and the answer to ignorance is guidance; specifically, the instructions given to Allah’s guide (Muhammad) by Allah. |
New Matilda
Thursday, April 17, 2014 - 09:13
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The home auction, once a pure contest of competing offers, must now take into account questions of need, desire and ethnicity. Liam Hogan explains why |
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New Matilda
Thursday, April 17, 2014 - 09:13
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The home auction, once a pure contest of competing offers, must now take into account questions of need, desire and ethnicity. Liam Hogan explains why |
MacroBusiness
Thursday, April 17, 2014 - 08:44
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By Leith van Onselen Melbourne’s “build it and they will come” approach to construction, which has seen it rank high-up on the global skyscraper index, appears to be suffering more indigestion. Following recent reports that CBD and St Kilda Road vacancies have rocketed and rents plummeted, as apartment supply runs well above demand, The AFR [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Thursday, April 17, 2014 - 08:21
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By Leith van Onselen The Australian’s Particia Karvelas has produced a good article today explaining why making childcare tax deductible and removing the $7,500 cap, as proposed by several submissions to the Productivity Commission inquiry into childcare, would be a bad deal for lower-to-middle income families: The chief executive of advocacy group Early Childhood Australia, [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Thursday, April 17, 2014 - 08:12
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By Leith van Onselen Yesterday’s dwelling construction data, released by the ABS, revealed a fall in actual completions over the December quarter, but a big pick-up dwelling commencements, which are following approvals upwards. The below chart, presented below in rolling annual terms, summarises the situation well, with approvals and commencements finally beginning to catch-up to [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Thursday, April 17, 2014 - 08:05
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By Leith van Onselen “Highrise Harry” Triguboff is reportedly considering selling Meriton Apartment’s development business to a Chinese developer, in a deal that would net him close to $3 billion. From The AFR: Triguboff told AFR Weekend he received an offer for his business on a trip to China two weeks ago from the owner [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Thursday, April 17, 2014 - 08:03
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By Leith van Onselen SQM Research has released rental vacancies data for March, which revealed a 0.1% monthly fall in the national vacancy rate to 2.0%. Year on year, vacancies are also down 0.1%, bucking the trend for the first time in several months where we have witnessed a loosening of vacancies when compared to [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Croakey
Thursday, April 17, 2014 - 08:03
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(A Federal Health Department response to this post was added on 18 April). “Most experts would agree that the modest benefits of Tamiflu and Relenza, as reported by the review, do not justify the increased adverse risks, let alone the money spent on... Read more on the blog... |
MacroBusiness
Thursday, April 17, 2014 - 08:02
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Westpac has released its March quarter consumer price index (CPI) forecasts, with the bank seeing inflation edging-up to a headline 0.9% QoQ/3.2% YoY (from 0.8% QoQ/ 2.7% YoY) and an underlying 0.7% QoQ/ 2.8% YoY (from 0.9% QoQ/ 2.6% YoY): Our Q1 headline CPI forecast is 0.9%qtr/3.2%yr. Core inflation, as measured by the average of [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Ambit Gambit
Thursday, April 17, 2014 - 08:01
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These are some thoughts from Valerie Yule, a regular OLO author. Hockey could cut * middle class welfare e.g. parental payments at the rate of usual income, even if high. All payments at the lowest rate. *negative gearing *payments for buyers of first housing as that only makes housing prices higher, and rewards the owners […] |
The Australian Independent Media Network
Thursday, April 17, 2014 - 08:00
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If anyone has ever been critically ill, had an accident, bringing a new life to your family or had to take a loved one to a public hospital, you understand the dire need for a solid and responsive public health system.
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Originally posted on