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Oz Blog News Commentary
MacroBusiness Friday, September 19, 2014 - 11:53 Source

The Aussie has resumed its tumble this morning after Scotland has voted “no” to independence, once again proving that life is stranger than Mel Gibson produced fiction: It’s not terribly clear why but the removal of Scottish risk appears to have reverted markets to the mean, which is pricing US interest rate tightening and a rising […]

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Jack the Insider Friday, September 19, 2014 - 11:43 Source

TROOPS on the ground in Iraq. Troops in combat in Iraq. The role of US and coalition forces has been a subject of

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MacroBusiness Friday, September 19, 2014 - 11:36 Source

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MacroBusiness Friday, September 19, 2014 - 10:59 Source

See above a new CNBC video that makes an important point I’ve been driving home for readers. Now that iron ore has become a battle for market share, it is the relative competitiveness between companies that matters not a simplistic assessment of a falling dollar equals higher profits. Here is the UBS all-in  break even chart […]

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Popular Science Friday, September 19, 2014 - 10:13 Source

You can build a lot of cool stuff with LEGO. It's also really painful to step on. But at Brickworld events, the skills and projects are taken to a whole new level. It might not be super useful to move balls endlessly around a track, but there shear variety and ingenuity of the methods are amazing.

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xkcd.com Friday, September 19, 2014 - 10:00 Source

 Still can't figure out what to write here ...'

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MacroBusiness Friday, September 19, 2014 - 09:31 Source

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Table Talk: Bob Ellis on Film and Theatre Friday, September 19, 2014 - 09:29 Source

I spoke last night at a dinner in Harris Park full of passionate Muslims. In the audience were Bob Carr, John Della Bosca, John Robertson, Deb O’Neill, Sam Dastiyari, the Palestinian Ambassador, the Indian Consul, and various fervent advocates of the PLO and the Labor Party.

Fifteen hours before, helicopters had thudded over a household thought to be involved in the planning of a beheading. Five days before, we had been put on a ‘terrorist alert’, a ‘red alert’, higher than that of America.

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Your Democracy Friday, September 19, 2014 - 09:25 Source

chimps ahoy!

The downfall of democracy starts with our idealisation of this form of government. It's a bit like love and marriage... Nothing is ever perfect. 

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MacroBusiness Friday, September 19, 2014 - 09:13 Source

From Moodys: Iron ore, Australia’s largest export commodity by value, has been experiencing sharp  price declines since the start of 2014 due to large increases in supply and lower growth  rates for steel production in China. Overcapacity has grown on the Chinese Mainland as  GDP growth slows. The current price of around USD84 per metric […]

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Hoyden About Town Friday, September 19, 2014 - 09:05 Source

Doing anything Awrrrrrsomely Piratical today, m'hearties?
Related posts:

Thursday Hoyden and Talk Like a Pirate Day Special: Ching Shih

Happy International Womens Day

Ahoy ye hoydens! on the good ship Menopause with Pirate Queen Roseanne

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MacroBusiness Friday, September 19, 2014 - 08:23 Source

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The Tally Room Friday, September 19, 2014 - 08:00 Source

Results summary – 32 out of 32 councils reporting

Votes
%

Yes
1,617,989
44.68

No
2,001,926
55.28

Total
3,621,107

Turnout
84.49%

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Politically homeless Friday, September 19, 2014 - 07:50 Source

Once again, the Australian media has been completely bluffed by national security theatre.What the Prime Minister and the various police chiefs - even George Brandis - have said may be proven. They haven't been proven yet and their words are worth nothing. Nothing. All this would have much more credibility coming from a judge after fair and extensive trials, even with the law's palaver. No government is entitled to be taken at its word, especially this one.

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The Tally Room Friday, September 19, 2014 - 07:15 Source

Eastcoastbays1-NATpartyEast Coast Bays is a National Party electorate in the northern suburbs of Auckland.

East Coast Bays covers a very conservative area, and on paper the seat is very safe for Foreign Minister Murray McCully, who has sat as a National MP representing the area since 1987.

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MacroBusiness Friday, September 19, 2014 - 06:09 Source

Good material today from around the web on China’s deepening housing bust. From China, there is gloom, via Investing in Chinese Stocks comes the latest from Pan Shiyi, CEO of developer SOHO, real estate rock star and former bull: Summery: real estate not at the turning point, business isn’t good this year, only IT firms are […]

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MacroBusiness Friday, September 19, 2014 - 05:36 Source

Stephen Bartholomeusz today argues that the Arrium capital raising went wrong because: …Arrium announced the institutional component of the issue had raised $367 million — only about 79 per cent of the institutional entitlements were taken up. The rest were cleared in a bookbuild at 48 cents, so the institutions that renounced their entitlements get […]

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MacroBusiness Friday, September 19, 2014 - 05:16 Source

From the AFR: The Reserve Bank of Australia is weighing up whether to force banks to adopt New Zealand-style limits on mortgage lending to cool an overheating housing market. …Joe Hockey conceded on Thursday there were “clearly significant” price gains in parts of Sydney, Melbourne and “to some degree” in Brisbane…“obviously the Reserve Bank will […]

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MacroBusiness Friday, September 19, 2014 - 05:15 Source

From the AFR, Ex-Goldman chairman Alastair Walton: …argued that the banking oligopoly allowed the major lenders to focus on home lending and neglect financing innovative businesses critical for future prosperity. …“Would Australia as a whole be ­better off with eight to ten banks, each . . . rated A (like almost every other bank in the OECD) […]

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MacroBusiness Friday, September 19, 2014 - 05:11 Source

Weeoo, weeoo, weeoo. From The Pascometer: Joe’s had a big win at the Forex casino. …Hockey loaded up last financial year’s “Labor” budget with an $8.8 billion capital injection for the RBA. The RBA didn’t ask for it, didn’t really need it, but certainly went for all it could carry when the offer was made as […]

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MacroBusiness Friday, September 19, 2014 - 04:51 Source

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MacroBusiness Friday, September 19, 2014 - 04:50 Source

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Table Talk: Bob Ellis on Film and Theatre Friday, September 19, 2014 - 04:40 Source

Four things make Scotland hard to call. One is the expatriates, overwhelmingly Yes, can’t vote, for some reason, and there’s a tidy few of them. One is the sixteen and seventeen year olds can, and will be overwhelmingly Yes too. One is the women, scared of losing household income, are fervently, and perhaps growingly, No and some of them are concealing it. One is the biggest turn-out in Scottish history.

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North Coast Voices Friday, September 19, 2014 - 00:18 Source

The Final Report of the NSW Independent Local Government Review Panel was completed in October 2013 and released in early 2014.In September 2014 the Baird Coalition Government published its response to the review panel’s sixty-five recommendations, in the suite of documents und

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North Coast Voices Friday, September 19, 2014 - 00:16 Source

slippery slopephrase1.

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North Coast Voices Friday, September 19, 2014 - 00:15 Source

According to evidence before the NSW Independent Commission Against Corruption (ICAC) and other sources, the Free Enterprise Foundation:* Is listed by the Australian Electoral Commission as an associated entity of the federal divisions of the Liberal Party of Australia and the National Party of Australia.* Was created by deed on 20 August 1981 as a $10 trust at the direction of Sir Robert Crichton-Brown, federal treasurer of the Liberal Party of Australia from 1973 to 1985.* Has set out its objectives in the trust deed are as follows:

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MacroBusiness Friday, September 19, 2014 - 00:11 Source

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Club Troppo Friday, September 19, 2014 - 00:10 Source

The Hawke LegacyBy the time economic reform matured as a political project – let’s date it from Paul Keating’s announcement about its popularity with the resident galah in every pet shop – it was already on the slide into the kind of ideological formula of mercantilism that Ken Henry so powerfully critiqued earlier this week.

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Your Democracy Friday, September 19, 2014 - 00:05 Source

the real phoney tony .....

The fudging, blocking and delaying from both conservative governments, in Australia and Britain, suggest the date when Tony Abbott renounced his British citizenship will be politically harmful to the Prime Minister. Law lecturer Ingrid Matthews looks at the facts.

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MacroBusiness Friday, September 19, 2014 - 00:01 Source

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