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Your Democracy Thursday, December 14, 2017 - 07:22 Source
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MacroBusiness Thursday, December 14, 2017 - 06:59 Source

DXY took a hit last might: AUD jumped: So did EM forex: And gold: Brent fell: Base metals lifted: And big miners: Plus EM stocks: Junk was stable: Treasuries were bought: Bunds too: Stocks hit new record highs again: It was all about the Fed of course: Information received since the Federal Open Market Committee

The post Chicken hawk Fed spikes Australian dollar appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 06:26 Source

Via The Australian: Australia’s ambassador to China has been called into the Chinese Ministry of Foreign Affairs for a dressing down over the Turnbull government’s foreign interference laws amid accusations by Beijing that anti-China ­rhetoric is damaging the relationship. In a sign of the increasing tensions between the two governments, Jan Adams was officially summoned

The post Australia’s China meltdown turns nuclear appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, December 14, 2017 - 06:00 Source

Thursday 14 December 2017 I said to my wife, “I think he’s had a few drinks.” “What, before going on live telly. Don’t be silly.” I let it go in the cause of concentration. Well, the way he is acting you would think he had, I thought to myself. There was something odd about the…

The post Day to Day Politics: How to win friends and influence people appeared first on The AIM Network.

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Poll Bludger Thursday, December 14, 2017 - 04:00 Source

The latest Bennelong by-election poll suggests John Alexander is set to hold on in the face of a solid swing to Labor.

The post ReachTEL: 53-47 to Liberal in Bennelong appeared first on The Poll Bludger.

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George Monbiot Thursday, December 14, 2017 - 00:35 Source

This is the question everyone should be attending to – where is the food going to come from?

By George Monbiot, published in the Guardian 11th December 2017

 

Brexit; the crushing of democracy by billionaires; the next financial crash; a rogue US president: none of them keeps me awake at night. This is not because I don’t care – I care very much. It’s only because I have a bigger question on my mind. Where is the food going to come from?

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North Coast Voices Thursday, December 14, 2017 - 00:16 Source

As households across the country began the count down to the holiday season, Australian Prime Minister Malcolm Bligh Turnbull smugly informed an ABC interviewer that as a result of a proposed cut in the company tax rate* everyone’s income will increase – “All boats will rise”.This is another way of referring to that now legendary faux economic theory popular with right-wing politicians – the Trickle Down Effect.This assertion is tested in an Australian Treasury working paper

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MacroBusiness Thursday, December 14, 2017 - 00:15 Source

By Leith van Onselen The ABS on Tuesday released its property price data for the September quarter, which valued Australia’s dwelling stock owned by households at a record $6.44 trillion, whereas the total housing stock was valued at a record $6.78 trillion. As shown below, the total value of Australia’s dwelling stock owned by households

The post Aussie housing valuations finally retrace from peak appeared first on MacroBusiness.

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North Coast Voices Thursday, December 14, 2017 - 00:15 Source

“The Turnbull Government is doing what all Coalition governments have done in the past 40 years - deliver special funding deals for private schools, especially for Independent schools in this case, to ensure their resource advantage and privileged position in the schools market place.

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MacroBusiness Thursday, December 14, 2017 - 00:10 Source

From The HIA: “The consistent feature of new home sales in 2017 is that the market is cooling,” stated HIA’s Principal Economist, Tim Reardon. “The HIA New Homes Sales Report – a survey of Australia’s largest home builders – highlights that there has been a fall in the number of new homes sold in 2017,

The post New home sales down 6% in 2017, despite late rebound appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 00:09 Source

Via the AFR: AUSTRAC will up the ante in its case against the Commonwealth Bank of Australia, with the transactions regulator expecting to file fresh allegations on Thursday that it breached the law 100 additional times while facilitating banking by criminal syndicates involved in money laundering and terrorist financing. Commonwealth Bank filed its defence to

The post AUSTRAC piles pain upon Sleaze Bank appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 00:06 Source

Via Reneweconomy: AGL says no private investor would invest in new coal plant, but says battery storage is coming and will be major game changer as costs fall – which may not be far away. Several days after formally rejecting federal government requests that it invest hundreds of millions of dollars to keep the ageing

The post AGL, NAB: Coal dead appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 00:05 Source

Iron ore price update for December 13, 2017:   Tianjin benchmark rose 10 cents to $69.70. Paper is stalled. Steel soft. On the last, here’s the latest on Chinese steel inventories courtesy of UBS: Low but the same as it’s been for three years now. Not overly important unless the Winter shutdowns inhibit the NY

The post Daily iron ore price update (steel shortage) appeared first on MacroBusiness.

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MacroBusiness Thursday, December 14, 2017 - 00:01 Source

Global Macro / Markets / Investing: 5 Artificial Intelligence Predictions For 2018 – Forbes We’re witnessing the fastest decline in Arctic sea ice in at least 1,500 years – VOX Bitcoin futures suggest breakneck rise in price to slow – Reuters A new exchange rate regime for oil-exporting countries – ERF Oil hits two-and-a-half year

The post Links 14 December 2017 appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, December 13, 2017 - 20:33 Source

It all seemed to be the rage of decency. Everywhere, moral indignation was on the rise. Since the election of Donald Trump to the White House, advocates, activists and arm chair commentators have been subjecting the Trump administration to every analysis except the one that counts: how did actually win. The Alabama Senate election, featuring…

The post Escaping Reality: Roy Moore and the Rage of Decency appeared first on The AIM Network.

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Your Democracy Wednesday, December 13, 2017 - 19:32 Source

 

scramble

This week, scientists are preparing to study a mysterious cigar-shaped object, the first known interstellar object to pass through our solar system.

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Harrangue Man Wednesday, December 13, 2017 - 19:27 Source

It seems at time of writing Roy Moore lost the senate race in Alabama to Doug Jones from the Democratic party. Moore, accused of serial annoyance of hot girls at the mall and worse, wore a cowboy outfit at most public engagements and pulled out his weapon of choice a number of times to show off his love for "number two" and that "number one" only applied to Christians and then only when they said so (gays, slaves, burying talents etc.).I believe Jones got 56 per cent of all women and the black turnout was bigger than for Barack, with the Mighty O coming out to support Jones in his race to not be a child molester in the senate.

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The Australian Independent Media Network Wednesday, December 13, 2017 - 19:24 Source

By Tina Clausen What is wrong with you? Your behaviour in Parliament is atrocious and unprofessional. You are like a bunch of squabbling children. Each trying to out yell, out do, out blame and desperate to get one-up on the other. I have never been more ashamed of our Australian politicians. You seem to have…

The post To our Government and the Opposition: Get your act together and work for the PEOPLE of Australia appeared first on The AIM Network.

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MacroBusiness Wednesday, December 13, 2017 - 17:42 Source

by Chris Becker The Alabama senatorial election is putting a little spice into a bland market with the USD falling slightly against the majors – Aussie dollar particularly – as the Fed begins its meeting tonight. Asian stocks were mixed across the region as commodity prices remained relatively stable. In mainland China the Shanghai Composite has

The post Macro Afternoon appeared first on MacroBusiness.

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Harrangue Man Wednesday, December 13, 2017 - 16:46 Source

It seemed the bleeding arse incident was a one off and healed itself. I had to check pre-wipe and no blood.I now have the soft, relaxing feeling of not bleeding out of my arse to be a new thing for us to deal with. I say us because the impact of my wounded mind and under cooked body falls on everyone around me because they have to help me and, for now, I can't contribute.But as GoT famously opined "Some people will always need help. It doesn't mean they're not worth helping."I need help and I have it.

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Inside Story Wednesday, December 13, 2017 - 16:01 Source

Here’s an apparently simple question: why have so many institutions failed so many children for so many years? By fail, we don’t mean neglecting to mark attendance rolls or enforce classroom discipline; we’re talking about failing to protect children from sexual abuse, which is close to the worst crime imaginable.

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Inside Story Wednesday, December 13, 2017 - 15:20 Source

The fiftieth anniversary of Resolution 2312, adopted unanimously by the twenty-second session of the United Nations General Assembly, is likely to pass unnoticed. Lists of significant dates in world history make no reference to the decision to adopt the Declaration on Territorial Asylum at that 1631st plenary meeting on 14 December 1967.

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The Australian Independent Media Network Wednesday, December 13, 2017 - 15:19 Source

Press Release On 11 December 2017, the UN Committee Against Torture (CAT) advised the Australian Government that a Tamil man held in immigration detention in Australia and in danger of imminent deportation, should not be returned to Sri Lanka. Human rights law firm, Human Rights for All, filed a complaint to CAT in early December…

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Renew Economy Wednesday, December 13, 2017 - 15:07 Source

AGL says no private investor would invest in new coal plant, but says battery storage is coming and will be a major game changer as costs fall – which is not far away.

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Renew Economy Wednesday, December 13, 2017 - 15:05 Source

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) today announced it has awarded $29.2 million for 20 research projects to propel the development of solar photovoltaic (PV) technology.

Read more Views: 27
Renew Economy Wednesday, December 13, 2017 - 14:34 Source

While most climate summits involve mitigation policies, motherhood statements and unmemorable memos, the latest, in Paris, could be different.

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Renew Economy Wednesday, December 13, 2017 - 14:34 Source

While most climate summits involve mitigation policies, motherhood statements and unmemorable memos, the latest, in Paris, could be different.

Read more Views: 24
Red Bluff Wednesday, December 13, 2017 - 14:26 Source

Euthanasia – Courtesy Nick Youngson CC BY-SA 3.0 http://nyphotographic.com/"The Australian state of Victoria is the first in the country to have passed voluntary assisted dying [VAD] legislation.

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MacroBusiness Wednesday, December 13, 2017 - 13:34 Source

From the AIG: “The ACCC’s latest gas market update confirms that the gas crisis has shifted down a gear since early 2017 – but it also confirms Australian industry’s concerns that we are still far from affordable energy,” Australian Industry Group Chief Executive Innes Willox said today. “More supply is clearly being made available in

The post Idiot manufacturing lobby embraces suicidal gas benchmark appeared first on MacroBusiness.

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Renew Economy Wednesday, December 13, 2017 - 13:33 Source

A more consumer friendly approach to connect renewables to the grid is the ambition of the new suite of guidelines being developed by Energy Networks Australia.

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