Blogotariat

Oz Blog News Commentary
New Matilda Thursday, July 24, 2014 - 10:30 Source

An ancient university practice which dates back to the Middle Ages - and which might help block Abbott Government higher education reforms -  is enjoying a revival.

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MacroBusiness Thursday, July 24, 2014 - 10:10 Source

By Leith van Onselen The Reserve Bank of New Zealand (RBNZ) has once again hiked the official cash rate (OCR) by 0.25% to 3.50% – the fourth rise in five months – but also signaled a pause while it assesses the impact on the New Zealand economy. The RBNZ has also warned on the New […]

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MacroBusiness Thursday, July 24, 2014 - 10:09 Source

From Goldman’s Tim Toohey today: Although annual headline inflation is now at the top of the RBA’s target band, the pace of inflation has decelerated materially over the past 3 quarters and even without the removal of the carbon tax annual inflation looks set to decline sharply in 3Q14 as the 1.2% qoq in 3Q13 […]

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MacroBusiness Thursday, July 24, 2014 - 09:57 Source

Here is what matters about yesterday’s CPI from Alex Joiner at BofAML: Headline inflation as expected, ‘core’ slightly stronger… Headline consumer price inflation came in at 0.5%qoq and 3.0% through the year in June quarter. This was in line with market economist expectations. This is a modest acceleration in the through the year rate of inflation, but […]

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Inside Story Thursday, July 24, 2014 - 09:49 Source

Attorney-general George Brandis (right) and the director-general of security, David Irvine, discussing the National Security Legislation Amendment Bill during a media conference last Wednesday.
Lukas Coch/ AAP Image

When attorney-general George Brandis announced new national security legislation last week, Australia entered a new phase of anti-terrorism law-making.

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Public Opinion Thursday, July 24, 2014 - 09:46 Source

As we know few people buy Hockey’s phoney "budget emergency" and the Abbott Government is facing billions of dollars of lost savings and revenue as a result of the divided Senate due in part to its inability to negotiate with the minor parties controlling the balance of power in the Senate. Belligerence, bluster and revenge is the style of this government.

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MacroBusiness Thursday, July 24, 2014 - 09:36 Source

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WixxyLeaks Thursday, July 24, 2014 - 09:31 Source

Those of you familiar with the Trade Union Royal Commission would be familiar with the name Michael Smith.

Michael Smith has been at the forefront of the so-called “AWU Scandal” that those with agenda’s claim leaves former PM Julia Gillard with some serious questions to answer.

Some of you may also remember Gillard stood in a room full of journalists and said she was going to stand there and answer any question on the conspiracy theories until all questions were exhausted. This she did and when the questions ran dry, she went back to her job of running the country.

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New Matilda Thursday, July 24, 2014 - 09:30 Source

The never-ending chest thumping around the supposed bias of the ABC is a pointless exercise. Richard King settles the debate, once and for all.

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Table Talk: Bob Ellis on Film and Theatre Thursday, July 24, 2014 - 08:42 Source

Abbott was shown to have colluded with Murdoch, but hidden from his party, his catastrophic Millionairesses’ Pregnancy Bonus before he announced it without consulting them. ‘Sometimes it’s better to ask forgiveness than permission,’ he chuckled pleasantly at the time. Its consequence, the likely destruction of his party and the axe murder of Joe’s Budget and career, he judged a small price to pay for his whimsy. It was approved after all by Credlin, who was keeping her eggs in his fridge, and that was enough for him. It would cost his party eighty seats, but hey ho, shit happens.

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En Passant Thursday, July 24, 2014 - 08:25 Source

Whenever I hear Abbott talking about Australian police/defence forces securing the MH17 site, I am reminded of this. They don’t like it up ‘em.

Experts are saying much the same thing but in more measured tones. Here’s a link to a report from the Sydney Morning Herald called Australia risks inflaming Ukraine conflict by sending armed police to MH 17 site: analysts. It starts off:.

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MacroBusiness Thursday, July 24, 2014 - 08:25 Source

By Leith van Onselen A new biography of Treasurer Joe Hockey has dropped a bomb on Tony Abbott’s contentious Paid Parental Leave (PPL) scheme, revealing that Abbott gave Rupert Murdoch a “full rundown” of the proposed scheme before announcing the policy in 2010 and without consulting his shadow cabinet or MPs. From The Guardian: “The […]

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Cheeseburger Gothic Thursday, July 24, 2014 - 08:14 Source

A sad, lovely story via Beeso.

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Table Talk: Bob Ellis on Film and Theatre Thursday, July 24, 2014 - 08:02 Source

I’ve completed my review of McDonagh’s Calvary, one of the best films ever made, on Ellis Gold. Those who do not wish to know what happens in it, should not read it.

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Hoyden About Town Thursday, July 24, 2014 - 07:58 Source

Guest Hoyden Bio: Our Guest Hoyden today is Adelaide writer, critic and editor Kerryn Goldsworthy, reproduced with permission from a post she made on Facebook.
Related posts:

Call for Participants: Australian Blog Readers Survey

2012 Australian...

[This content summary is customised for content-aggregator sites. Click through to http://hoydenabouttown.com to read the full post.]

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MacroBusiness Thursday, July 24, 2014 - 07:40 Source

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MacroBusiness Thursday, July 24, 2014 - 06:39 Source

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MacroBusiness Thursday, July 24, 2014 - 06:21 Source

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Global Guerrillas Thursday, July 24, 2014 - 05:56 Source

My new booklet, "The American Way" is now on Amazon.  

If you are wondering what is wrong with America.  This booklet provides a concise answer.  

Also, this booklet provides a way to get us back on a path towards economic progress.  

Be forewarned, this booklet is just the start.  I'll have more concrete ways to do it in booklets to be released over the next three months.  

Enjoy.  

PS:  I've got a booklet on iWar coming out next month too.

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Poll Bludger Thursday, July 24, 2014 - 05:44 Source

Three new polls this week provide an early indications of a slight revival in the Coalition’s fortunes after the MH17 disaster and, some might claim, the carbon tax repeal. However, this week’s BludgerTrack poll aggregate result differs only slightly from the one I published a week ago, for two reasons. The first is that a data entry error led an undercooked Labor lead last week of 53.5-46.5, which should have been 54.1-45.9. The second is that this week’s polls only imperfectly capture the effect of a news event which Australia woke up to on Friday morning.

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MacroBusiness Thursday, July 24, 2014 - 04:58 Source

From Nomura via FTAlphaville today comes a very important chart:   China’s over-building and excess real estate supply is widely regarded to be concentrated in lower tier cities, especially tiers 3 and 4, where nearly three quarters of construction is currently taking place. Is it any wonder that Soc Gen’s sees it this way: In summary, […]

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MacroBusiness Thursday, July 24, 2014 - 04:35 Source

Chinese authorities attempts to balance their reform and growth agendas have resulted in another bailout of a looming bond default. From Reuters: A troubled Chinese construction company avoided a landmark bond default at the last minute on Wednesday, raising enough funds to pay off both principal and interest on a 400 million yuan ($64.51 million) bond, people […]

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Digitopoly Thursday, July 24, 2014 - 03:11 Source

I saw this paper by Chris Nosko and Steve Tadelis presented two years ago. I have wanted to blog about it in all that time but because it came out of ebay Research Labs, it was not available. Happily, that constraint has now been lifted. It is a wonderful piece of research and the application of economics.

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you said it... Thursday, July 24, 2014 - 00:43 Source

As the ADL League (yet another mini-group in the fail franchise) raises its bullet heads above the parapet and peers myopically around…

Seeing as the ADL ‘s only contact with women is either via porn sites or the bit when their mothers ask them every ten years or so when they are going to leave home like normal men do, we are constantly surprised at the amount of attention  they give to discussing women, their clothing and their genitals.

Jealous fellas?

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you said it... Thursday, July 24, 2014 - 00:43 Source

As the ADL League (yet another mini-group in the fail franchise) raises its bullet heads above the parapet and peers myopically around…

Seeing as the ADL ‘s only contact with women is either via porn sites or the bit when their mothers ask them every ten years or so when they are going to leave home like normal men do, we are constantly surprised at the amount of attention  they give to discussing women, their clothing and their genitals.

Jealous fellas?

Read more Views: 6
MacroBusiness Thursday, July 24, 2014 - 00:19 Source

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North Coast Voices Thursday, July 24, 2014 - 00:16 Source

Letter to the editor in The Northern Star on 23 July 2014: Koalas threatenedOur Pottsville wetlands koalas may have lost a unique opportunity to survive the relentless stressors that have put them on the brink of extinction.At the recent council meeting councillors voted in favour of supporting the construction and operation of a men's shed on the Black Rocks sports field, which is surrounded by primary koala habitat, at the junction of three koala/wildlife corridors, is a recognised koala breeding hub, and is one of three koala hotspots on the coast.I commend the invaluable service that men's

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North Coast Voices Thursday, July 24, 2014 - 00:15 Source

The Northern Star 23 July 2014:Government documents have revealed up to 800 police officers were to be sent to Bentley from May 19 to "ensure public safety" and enable Metgasco to move its drill rig on to the site.And Metgasco wouldn't have been charged for the police operation, scheduled to continue until June 7....Senior government officials warned the safety risk to the public and police during the installation of the drill rig would be "high to extreme".The situation was described as an "unprecedented public order challenge" requiring a "significant deployment of police officers".The inform

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MacroBusiness Thursday, July 24, 2014 - 00:05 Source

Some nice research from the International Energy Agency (IEA) puts recent Russian sanctions in perspective. From LNGWorldNews: Russia is a major exporter of crude oil, petroleum products, and natural gas. Sales of these fuels accounted for 68% of Russia’s total export revenues in 2013, based on data from Russia’s Federal Customs Service, the U.S. Energy Information […]

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MacroBusiness Thursday, July 24, 2014 - 00:04 Source

Global Macro / Markets / Investing: Why the narrative about emerging markets is likely to shift – The Irrelevant Investor A better measure of bond market sentiment – Humble Student of the Markets Market inefficiencies are interesting only to the degree they can be exploited – A Wealth of Common Sense Can individual investors time […]

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