Blogotariat

Oz Blog News Commentary
MacroBusiness Thursday, August 28, 2014 - 00:15 Source

The one question that nobody in the iron ore sector (or Australia more generally for that matter) dare ask is what if Chinese iron ore production does not close as Australian miners ramp up output. The reason nobody asks it is that the outcome will be calamitous. But it’s a very real question to pose, especially […]

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North Coast Voices Thursday, August 28, 2014 - 00:15 Source

Yet another commentator exposes Australian Prime Minister Tony Abbott’s kindergarten-level understanding of demographics, economics and the national tax system……Microbusiness 22 August 2014:Tony Abbott has spoken-out against Treasury Secretary, Martin Parkinson’s, claim last night that the Government had failed to sell the case for tax reform, noting instead the following:“I’ve been saying on many occasions that tax reform starts with scra

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MacroBusiness Thursday, August 28, 2014 - 00:14 Source

There’s no acknowledgement as usual but it’s clear from Roger Montogmery’s latest post that he is familiar with the “idiocy spread”: We are following, with great interest, the discussion currently unfolding in the market about iron ore and the big miners. On the one hand, we have the spriukers calling for a ‘rotation’ out of […]

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MacroBusiness Thursday, August 28, 2014 - 00:05 Source

Cross-posted from Investing in Chinese Stocks. Ifeng reports that China’s Real Estate Cheerleader, Ren Zhiqiang CEO of Huayuan Property and one of China’s most prominent online personalities (with 16 million followers on his blog) is a little more cautious today. Instead of saying prices won’t fall, he says prices will rise again in September 2015, assuming current conditions hold and […]

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MacroBusiness Thursday, August 28, 2014 - 00:01 Source

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Core Econ Wednesday, August 27, 2014 - 23:55 Source

After slamming the last Government for not doing a cost-benefit analysis on the NBN, Malcolm Turnbull has produced the goods. My view on cost-benefit analysis remains unchanged: if you have already decided what to do, a cost-benefit analysis is of no help except for vindication.

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WixxyLeaks Wednesday, August 27, 2014 - 23:06 Source

Today news came of yet another rort involving the Peter Mac hospital, this time involving Tony Abbott who used them for a presser so he could bill the taxpayer for his trip to a Liberal fundraiser.

Have they learnt nothing from ICAC?

Meanwhile in Sydney the wheels were falling off the team Jacksonville bus at the Royal Commission.

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Croakey Wednesday, August 27, 2014 - 22:57 Source

Viewing the global community’s response to the outbreak of the Ebola virus in West Africa in its historical context, Alexandra Phelan argues that it forms part of a pattern of treating infectious diseases as ‘the other’. She believes that this view...

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Your Democracy Wednesday, August 27, 2014 - 22:31 Source

malcolm connections

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Under The Milky Way Wednesday, August 27, 2014 - 21:36 Source

This is a genuine remark made by our Kazakhstani friends about the wild Pelicans living in King’s Park, Perth.
I told our friends that the Pelicans are not palatable because they do not come with wafers.

And, just in, I had to define ‘Pet’ for my ESL class. I settled on

small animal that lives in your house which you don’t eat

On reflection, this does not exclude Cockroach.

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En Passant Wednesday, August 27, 2014 - 20:35 Source

The long term truce is a win for the people of Gaza and their political leadership, Hamas. The agreement commits the parties to ending hostilities, partially lifts the blockade and opens the borders. The two thousand Palestinians the Israelis murdered in Zionism’s war crimes carnival can’t join the other 1.8 million Gazans in celebrating.

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Table Talk: Bob Ellis on Film and Theatre Wednesday, August 27, 2014 - 19:30 Source

Will there be full body searches on Opera House opening nights? Why not?

There are terrorists already at work in Australia, ASIO says so. The Prime Minister says so. How shall we stop them?

Well, the way we stop them at Parliament House. We will go through the pockets and purses and orifices of everyone going to a football final, a rock concert, a Labor Party conference, Opera in the Park. We have to do this. The danger is too great. Well, isn’t it?

The Abbottites’ inability to join any dots, finish any sentence, follow to its conclusion any line of thought, is evident in these fool new laws.

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Skepticlawyer Wednesday, August 27, 2014 - 18:49 Source

Humanities and social science academics write a remarkable amount of nonsense about “neoliberalism”, typically understanding neither the reasons for the general shift in public policy nor the motivations and ideas behind it.

A nice example of such nonsense is provided in a post by philosopher Robin James:

neoliberals think everything in the universe works like a deregulated, competitive, financialized capitalist market.

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The Melbourne Urbanist Wednesday, August 27, 2014 - 18:32 Source

Is Labor genuine about building Melbourne Metro?

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Inside Story Wednesday, August 27, 2014 - 17:35 Source

Absolute ambiguity? Venice from above, with the Doge’s Palace in the foreground.
MorBCN/Flickr

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Cheeseburger Gothic Wednesday, August 27, 2014 - 17:20 Source

Sometimes a comment is worth pulling out and running as a standalone entry even if I disagree with it. Or sometimes, especially if I disagree with it.

Simon Garlic's rant about the first Capaldi episode is so drenched with ranty spit balls it seemed a shame few would see it at the end of comment thread half a week old.

So, here's Simon's take on the first ep of the new Doctor:

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MacroBusiness Wednesday, August 27, 2014 - 16:25 Source

Chris Weston, Chief Market Strategist at IG Markets We enter a new and crucial stage in the multi-year equity cyclical bull market, with the S&P 500 now commanding a two handle and showing little sign the bulls will let their grip slip. If you want to point to a negative from yesterday’s US cash session, […]

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MacroBusiness Wednesday, August 27, 2014 - 16:18 Source

From Standard and Poors this arvo: Standard & Poor’s Ratings Services said today that its ‘AA+/Stable/A-1+’ issuer credit ratings on the State of Western Australia are not immediately affected by the recent fall in iron ore prices to less than US$90 per ton. The potential loss in the state’s iron ore royalties would not by […]

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Inside Story Wednesday, August 27, 2014 - 15:05 Source

A colourised transmission electron micrograph reveals some of the ultrastructural morphology of an Ebola virus virion.
Cynthia Goldsmith/Centers for Disease Control and Prevention

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MacroBusiness Wednesday, August 27, 2014 - 14:50 Source

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Prosper Australia Wednesday, August 27, 2014 - 14:43 Source

If taxpayers are to endure the upset of tax reform, then the change should be to best practice – the tax bases economists have identified as causing the least harm.

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Renew Economy Wednesday, August 27, 2014 - 14:37 Source

Fairfax's media flagship has called on Tony Abbott to protect the RET, and then recommended a raft of policies to do exactly the opposite. It's another example of why the Abbott government's destruction of a $20 billion industry is and will not be questioned in mainstream media.

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MacroBusiness Wednesday, August 27, 2014 - 14:34 Source

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Renew Economy Wednesday, August 27, 2014 - 14:23 Source

Reports emerge that the Chinese government is considering putting $US16bn towards electric-vehicle charging facilities, to spur demand for EVs.

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MacroBusiness Wednesday, August 27, 2014 - 14:17 Source

Cross-posted from The Conversation: The long-awaited cost-benefit analysis of the National Broadband Network suggests the days of politicians shooting from the hip with taxpayer dollars are numbered. As Labor’s NBN unfolds amid reviews and revelations, it’s apparent the NBN was a political move based on romantic notions of policy-making ending in Labor’s electoral defeat in […]

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New Matilda Wednesday, August 27, 2014 - 14:16 Source

It’s one thing to back a Prime Minister. It’s another thing altogether to die in a ditch for him. Over to you Rupert. Chris Graham explains.

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Political Owl Wednesday, August 27, 2014 - 13:36 Source

27-08-2014 elninowatch

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Inside Story Wednesday, August 27, 2014 - 13:32 Source

A stroke of genius: William Russell, Carole Ann Ford, Jacqueline Hill and William Hartnell in the first Doctor Who story, “An Unearthly Child.”

Peter Capaldi’s Doctor Who re-enters the universe groping and spluttering. He has trouble recognising his companions from the Tardis, confuses genders and species, doesn’t understand the purpose of a bed or a bedroom. “What’s gone wrong?” he cries.

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Hoyden About Town Wednesday, August 27, 2014 - 13:13 Source

The news has come in that the "female scientists" Lego set, produced after a huge grassroots campaign and petition from parents who wanted more variety in female minifigs, will only exist as a limited edition set. Despite selling out almost...

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Your Democracy Wednesday, August 27, 2014 - 13:13 Source

psycho tony

 

Opposition Leader Bill Shorten has seized on leaks from the government party room saying they show the Prime Minister is unfit to govern the country.

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