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North Coast Voices Thursday, June 22, 2017 - 00:16 Source

Government reports that review policies which interface education, religion and political ideology can be slippery creatures......The Sydney Morning Herald, 21 September 2016:The findings and recommendations of a controversial $300,000 review of special religious education and ethics classes in schools has been kept under wraps by the NSW government for up to nine months.The review was a recommendation of a 2012 upper house inquiry into ethics classes in NSW schools, which found they should be retained as an

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MacroBusiness Thursday, June 22, 2017 - 00:15 Source

By Leith van Onselen The South Australian Government has announced that it will follow the New South Wales and Victorian Governments and privatise its land registry in a bid to raise a quick $500 million. From The AFR: South Australian Treasurer Tom Koutsantonis is buoyed by the hefty $2.6 billion price paid for NSW’s land titles

The post SA joins reckless land registry privatisation appeared first on MacroBusiness.

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MacroBusiness Thursday, June 22, 2017 - 00:15 Source

By Leith van Onselen The Turnbull Government has achieved another win, gaining the support of the 10-member Senate cross-bench for its Gonski-2.0 needs-based funding school model. From The Canberra Times: An extra $24 billion is set to flow into the nation’s schools over the next decade under a landmark deal struck between the Turnbull government

The post Gonski 2.0 set to pass after Coalition finds a way appeared first on MacroBusiness.

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MacroBusiness Thursday, June 22, 2017 - 00:15 Source

From Bloxo yesterday: …reading the economy recently has also required an expert eye. This is because many of the indicators we typically look at have been affected by the weather, or measurement issues, or both. Cyclone Debbie, which struck Queensland in late March, and unusually wet weather on the eastern seaboard, including the wettest March

The post Wrong again, Bloxo appeared first on MacroBusiness.

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North Coast Voices Thursday, June 22, 2017 - 00:15 Source

Medianet LogoAAP Logo Medianet Release16 Jun 2017 10:55 AM AEST - Legal profession sets out core principles and commitments on human rights, as international spotlight shines on nationThe Law Council today launched its 

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MacroBusiness Thursday, June 22, 2017 - 00:10 Source

Please explain: Senator Hanson has called for limits to foreign non-resident home ownership in Australia and will be raising the issue today, on the floor of the Senate. According to Senator Hanson the shortage of affordable housing available for Australians can be addressed by limiting foreign non-residents to one new property and enforcing laws to

The post One Nation ignoramus calls for ban on foreign property buyers appeared first on MacroBusiness.

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MacroBusiness Thursday, June 22, 2017 - 00:10 Source

By Leith van Onselen Back in March, a group of Sydney councils pushed back on the Greater Sydney Commission’s vision for Sydney, demanding more detail on funding for vital infrastructure projects, where problems have become chronic. Now, the Mayor of Wollondilly Council on the South-Western edge of Sydney, Judy Hannan, has forcefully pushed back on

The post Sydney councils push back against population ponzi appeared first on MacroBusiness.

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MacroBusiness Thursday, June 22, 2017 - 00:09 Source

That burying your head in the sand strategy ain’t working, via the AFR: Victorian CPAs are “highly likely” to lose their protection from multi-million-dollar malpractice lawsuits because their professional representative body, CPA Australia, will not have a new scheme approved by the government regulator before the current arrangement ends. CPA Australia, which has seen most

The post Naked CEO loses CPA’s professional indemnity appeared first on MacroBusiness.

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MacroBusiness Thursday, June 22, 2017 - 00:06 Source

The oil crash is intensifying: It appears markets have finally come around to my view that there is no shortage at all. Libyan oil is poised to cross over 1mb/d and US shale is piling it on: Thus, markets are now seeking the US shale off switch by pushing energy bond yields higher: John Kemp

The post Oil crash intensifies, where does it end? appeared first on MacroBusiness.

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MacroBusiness Thursday, June 22, 2017 - 00:05 Source

Iron ore price charts for June 21, 2017: Tianjin benchmark added $1 to $55.40. Paper took off overnight. Coking coal too. Steel is stuck. The bear market rally that has been trying and failing for two weeks finally gained a little traction. My guess is the trigger is the new liquidity management being undertaken by

The post Daily iron ore price update (bear market rally) appeared first on MacroBusiness.

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MacroBusiness Thursday, June 22, 2017 - 00:01 Source

Global Macro / Markets / Investing: Bear Stearns Staves Off Collapse of 2 Hedge Funds – NY Times Why Do Democracies Fail? – The Atlantic The End of Car Ownership – WSJ Robots Are Eating Money Managers’ Lunch – Bloomberg A study has demolished the biggest myth about quotas – The Independent Forget Trump-Generated Volatility. The World Is Awash in

The post Links 22 June 2017 appeared first on MacroBusiness.

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oecomuse Wednesday, June 21, 2017 - 23:11 Source

The federal government is in a spot of legal bother. This may seem like the old cliché about the builder with the unfinished home renovation. But for tradies, the explanation is obvious. Work for paying customers is prioritised because it puts food on the table. The same explanation is not available to a government awash with lawyers, because its elected representatives are generously remunerated by the Australian public.

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The Australian Independent Media Network Wednesday, June 21, 2017 - 19:00 Source

I see that some posters on Twitter are pushing the anti-union theme because of John Setka’s comments on the ABCC inspectors. I don’t know which ones are LNP trolls, or which ones are disgruntled workers. And by “worker”, I mean anyone who is on a survival/adequate wage. For even if you are a contractor, working…

The post Union support: where would we be without it? appeared first on The AIM Network.

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AustralianPolitics.com Wednesday, June 21, 2017 - 18:00 Source

Text, video and audio of Senator Lucy Gichuhi's maiden speech to the Senate.

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MacroBusiness Wednesday, June 21, 2017 - 17:15 Source

by Chris Becker This time only mainland Chinese stocks are enjoying the feel of green, led by rebalancing in the MSCI Index as a sea of red screens swamped the rest of Asia, led by a big selloff in Australian stocks. Yen is gaining as the safe haven once more alongside a small blip higher

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, June 21, 2017 - 16:54 Source

By Jane Salmon In suggesting that ‘autistic kids should be removed from mainstream classes,’ Pauline Hanson has reached a new low. The view Hanson reflects is one of ignorant prejudice, scarcity and austerity. Yep, my tackers with ASD are sometimes disruptive or especially emotional. They have painful struggles. This is easing with time, skill, therapy…

The post Hanson displays her ignorance appeared first on The AIM Network.

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MacroBusiness Wednesday, June 21, 2017 - 14:32 Source

Via the AFR: The UBS analysis comes just ahead of the introduction of the government’s controversial “domestic gas security mechanism”, which could cap LNG exports if it is triggered. But ironically the design of the mechanism means it would affect only Santos’s GLNG venture, rather than the two Queensland LNG projects that have extra gas

The post Gas cartel shaken loose? appeared first on MacroBusiness.

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Your Democracy Wednesday, June 21, 2017 - 14:28 Source

2024

DeepStack: expert-level artificial intelligence wins poker games... Playing games is for artificial intelligence to win. Most games are 100 predictable. One only needs to play the correct moves, including Chess and Backgammon. Machines win Chess all the time. 

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Renew Economy Wednesday, June 21, 2017 - 14:26 Source

Two very different storage technologies – one old, one new; one that takes years to build, one that can be built ‘within 100 days (or it’s free)’. How else do they differ, and is there a place for both?

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MacroBusiness Wednesday, June 21, 2017 - 14:08 Source

By Leith van Onselen WA Premier, Mark McGowan, has signaled that unlike his federal Labor counterpart, Bill Shorten, he actually cares about his workers. With WA unemployment and underemployment sky high: McGowan in March wrote to Prime Minister Malcolm Turnbull to remove Perth from the Regional Sponsorship Migration Scheme, thus effectively preventing a pathway for

The post WA shreds skilled migration list appeared first on MacroBusiness.

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Renew Economy Wednesday, June 21, 2017 - 13:51 Source

Finkel says it clear investors prefer wind and solar because they are cheaper to build than traditional generation such as hydro and coal.

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Renew Economy Wednesday, June 21, 2017 - 13:49 Source

Turnbull's pursuit of "baseload dispatchable" power has all the hallmarks of the Trump administration's campaign against renewables. But data shows that countries with lots of wind and solar have better energy security.

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Renew Economy Wednesday, June 21, 2017 - 13:43 Source

AGL Energy Limited (AGL) today announced that the Board had appointed Graeme Hunt to succeed Jerry Maycock as Chairman following the AGM.

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Renew Economy Wednesday, June 21, 2017 - 13:41 Source

Major strategic partnership opens the possibility of integrating Vivid Technology and Honeywell products to create complete smart buildings solutions.

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The Australian Independent Media Network Wednesday, June 21, 2017 - 13:30 Source

By their own admission, Coalition politicians don’t bother reading reports to inform their opinion before they shoot their mouths off – Abbott with the BHP Olympic Dam report, Pyne with the original Gonski report, MacDonald with the Forgotten Children report, Kelly with the Finkel report – they have their ingrained ideological views that will not…

The post Shooting yourself in the foot appeared first on The AIM Network.

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MacroBusiness Wednesday, June 21, 2017 - 13:07 Source

By Leith van Onselen The Housing Industry Association (HIA) has released its latest Housing Outlook, which forecasts a steady decline in dwelling starts over the next three years, with renovation activity also forecast to peak before falling: “The housing boom was not consistent across Australia and now with NSW and Victoria cooling, all indicators are

The post HIA: dwelling construction is gonna fall appeared first on MacroBusiness.

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Renew Economy Wednesday, June 21, 2017 - 12:28 Source

NNEF has just published its fourth annual New Energy Outlook with electricity’s future looking sunny — and windy, too — to the tune of trillions of dollars of new investment.

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Renew Economy Wednesday, June 21, 2017 - 12:27 Source

Sunny and windy Sunday afternoon in the U.K. sees carbon intensity power production level fall below 100g of CO2 per kWh for first time ever, gifting country’s energy market glimpse into future power generation mix.

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Renew Economy Wednesday, June 21, 2017 - 12:18 Source

AGL ridicules Coalition push for new "baseload" coal plants, saying that the only new "baseload" would be renewables, with gas or storage. "There’s a lot of misinformation out there," says CEO Andy Vesey.

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MacroBusiness Wednesday, June 21, 2017 - 12:16 Source

By Leith van Onselen After months of promising to slash New Zealand’s immigration intake by the “tens-of-thousands”, the opposition Labour Party appears to have backslid somewhat, promising to leave the excessively high permanent migrant intake untouched. From Interest.co.nz: Labour leader Andrew Little says he is confident the party’s new regional visa policy will ensure migrants

The post NZ Labour backtracks on immigration cut appeared first on MacroBusiness.

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