Oz Blog News Commentary
MacroBusiness Tuesday, July 29, 2014 - 07:36 Source

Singapore was closed yesterday so there is no spot or 12 month derivative prices. Dalian 6 month iron ore futures jumped 1.5% to 689 yuan: The BDI cape fell a little more to near record lows and rebar futures didn’t do much. Stimulus hopes seem to be winning over fundamentals at the moment and there’s not much […]

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MacroBusiness Tuesday, July 29, 2014 - 07:24 Source

The annual Newport Consulting mining outlook study is out and is sickly reading. Future outlook reaches a new five-year low. An overwhelming 93 percent of mining leaders in this year’s report were not optimistic about their growth prospects for the next 12 months – up by more than 50 percent compared to last year. Most […]

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Popular Science Tuesday, July 29, 2014 - 07:17 Source

As a traditionally Catholic country, Peru has been slower than most to accept contraceptives. Over the past decade, most citizens’ ideology has gradually stretched to accommodate the need for birth control, but emergency contraception (AKA the “morning after” pill) is still highly controversial in Peru. Although some question the pill on moral grounds, others are starting to question it based on sinister scientific findings: some of the pills are not the pill.

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Popular Science Tuesday, July 29, 2014 - 07:17 Source

For the July issue of Popular Science, we—the Office for Creative Research—created a data visualization celebrating NASA’s long history of aerospace innovation. Since 1959, NASA has published a document called “Astronautics & Aeronautics Chronology” nearly every year, compiling news coverage of science, technology, and policy at the agency. In these compilations, NASA is reporting its own history.

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Popular Science Tuesday, July 29, 2014 - 07:17 Source

Ever since NASA established its history program in 1959, the agency has periodically compiled the world’s aeronautics advances into a single report. Assembled mostly from press releases and news stories, the documents recount coverage of budget negotiations alongside milestones like the shuttle program and the moon landing. Data illustrators at the Office for Creative Research distilled the trove of reports from 11,000 pages and 4.9 million words into just over 4,000 discrete phrases.

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Table Talk: Bob Ellis on Film and Theatre Tuesday, July 29, 2014 - 07:10 Source

Morrison called ‘surrender monkeys’ those like Sarah Hanson Young who did not want, like him, to put fifty children on Nauru for eighty or ninety years and never let them leave it — to get an education, or a job, or a spouse, or visit relatives in India. He put them in the meantime into a desert concentration camp, soon to close, and wouldn’t let them see their lawyers, and called a ‘stunt’ Hanson Young’s plan to visit them and ask how they were doing.

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MacroBusiness Tuesday, July 29, 2014 - 06:37 Source

From Roy Morgan: The L-NP (45.5%, up 2%) has increased its support after the Abbott Government’s strong response to the downing of Malaysian Airlines flight MH17, but still trails the ALP (54.5%, down 2%) on a two-party preferred basis according to today’s multi-mode Morgan Poll conducted over the last two weekends  –  July 19/20 & […]

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MacroBusiness Tuesday, July 29, 2014 - 06:14 Source

From the AFR today, Massey University’s director of the centre for financial services and markets, associate banking professor David Tripe reckons on New Zealand macroprudential that: “I think the RBA can be a little more sensitive to public opinion; in fact the RBNZ can strike you as singularly insensitive,” he said. “Every time you intervene […]

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Peter Martin Tuesday, July 29, 2014 - 05:00 Source

Clive Palmer has been conned. In the most exquisite of ironies he has allowed the Coalition to water down financial advice rules without first seeking advice.

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Global Guerrillas Tuesday, July 29, 2014 - 02:51 Source

Liddell Hart, the famous historian and warfare theorist, maintained that all great military victories were won by one thing: the indirect approach.Although Hart's analysis is a little light, he's is right about one thing.

The best path between two points isn't always a straight line and in warfare, it never is.  

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Peter Martin Tuesday, July 29, 2014 - 01:30 Source

Red tape? It’s only just begun. Forcing job seekers to apply for 40 jobs each per month will bombard employers with more than one million applications per day, every working day of every year.Around 740,000 Australians are unemployed. Even at the peak of the mining boom the total wasn’t much short of 500,000.

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MacroBusiness Tuesday, July 29, 2014 - 00:33 Source

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North Coast Voices Tuesday, July 29, 2014 - 00:16 Source

This is how Prime Minister Tony Abbott and the Murdoch press spin Malaysia Airlines Flight MH17 crash site negotiations since this passenger plane was downed with loss of all lives on 17 July 2014:Tony Abbott is leading the West into a confrontation with nuclear superpower Russia over the downing of MH17.The stakes are incredibly high, as the Prime Minister organises, ef

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North Coast Voices Tuesday, July 29, 2014 - 00:15 Source

More proof that when Tony Abbott promised Work Choices, it's dead, it's buried, it's cremated now and forever he was lying?The Liberal-Nationals Coalition Government widens its political moves against unions ahead of final consideration of the Fair Work Amendment Bill 2014  and

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Political Owl Monday, July 28, 2014 - 23:26 Source

I must have spent too much time behind that one way glass. I can’t help thinking when I see a politician on television how those ordinary swinging voters will be reacting. Not to the words coming out of the mouth. They don’t really count. But to the look and the sound of the person uttering them.And if there is one thing this old political adviser is certain of it is that Eric Abetz is doing his team great harm every time he appears on the screen or is heard on the radio. The Minister for Employment is a Liberal disability of the highest order.

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En Passant Monday, July 28, 2014 - 22:54 Source

Ask your local and federal Parliamentarians to sign this statement from Australian MPs in support of  Gaza.

[Signatures are still being added.The latest update of signatures - see below -  was at 8pm 28/7/2014.]

We the undersigned members of Australian federal and state parliaments, call on all Australian politicians to condemn the ongoing Israeli military bombardment and invasion of Gaza.We call on Australian politicians to support an immediate cessation of hostilities and a ceasefire deal which includes an end to Israel’s occupation of the Palestinian territories and to the blockade of Gaza.

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Political Owl Monday, July 28, 2014 - 22:52 Source

28-07-2014 putin

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Poll Bludger Monday, July 28, 2014 - 22:23 Source

Stephen Murray tweets that the fortnightly Newspoll in tomorrow’s Australian shows no change on two-party preferred, with Labor maintaining its lead of 54-46, and next to no change on the primary vote, with the Coalition steady on 36%, Labor down one to 36%, the Greens up one to 12% and others steady on 16%. However, Tony Abbott is up five on approval to 36% and down seven on disapproval to 53%, and has drawn level on preferred prime minister at 38-38 after Bill Shorten led 41-36 a fortnight ago. Bill Shorten’s personal ratings are also improved, his approval up four to 38% and disapproval down two to 41%.

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Your Democracy Monday, July 28, 2014 - 21:20 Source

"To work for the dole" The Abbott spake "you'll sail towards the stars.  

There's no job left for you on Earth, you'll have to go to Mars.

The driftwood is shifted as soon as you're lifted, there'll be no sympathisers, 

for long it's been known that the bad seeds sown make brilliant colonisers."

At a pub in Spaceport Woomera the Goverment insisted

that the folks departing offworld on vodka got quite plastered

For while their bodies travel stacked in cryogenic freezers

the antifreeze of Vodka to the soul is just like Jesus.

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Political Owl Monday, July 28, 2014 - 20:45 Source

Most voters probably will never know the story of the lost dictaphone machine so the impact on the Victorian political future will be near enough to zilch. Which is a pity really. For the lesson that should be learned is that operatives on both sides of politics are unethical grubs. Anyone interested in honesty in politics would avoid Labor and Liberal like the plague.

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En Passant Monday, July 28, 2014 - 20:32 Source

On his page, the blog from Nazareth, Jonathan Cook summarises the case Norman Finkelstein and Chris Hedges make for Hamas firing rockets into Israel. He also has the links to their full articles. He introduces the article this way:

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Table Talk: Bob Ellis on Film and Theatre Monday, July 28, 2014 - 19:50 Source

Is Gaza a crime scene?

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Table Talk: Bob Ellis on Film and Theatre Monday, July 28, 2014 - 19:31 Source

If one of the jobs going that day is a sex worker must she take it? If she’s a virgin must she take it? Will she lose the dole if she knocks it back? Why not?

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Table Talk: Bob Ellis on Film and Theatre Monday, July 28, 2014 - 19:25 Source

What’s to fear in India? Bride burning? A mere bagatelle. Being raped and hung from a tree? A walk in the park. Two hundred million young men competing for your job? What a wuss you are. Life in misery? Join the club. Sleeping in the street? Boo hoo.

Get real. Toughen up. Take your medicine. Go home.

You’re lucky I didn’t send you home to Sri Lanka. I’ve sent hundreds. Not all of them are dead. Not all of them are dead.

But they learned their lesson.

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laberal Monday, July 28, 2014 - 19:02 Source

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MacroBusiness Monday, July 28, 2014 - 16:13 Source

Stan Shamu for Chris Weston, Chief Market Strategist at IG Markets Asian markets are off to a fairly good start to the week, despite some soft leads from US trade. While the economic calendar is relatively quiet today, it seems China has taken on the jump in industrial profits and run with it. There have also […]

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Inside Story Monday, July 28, 2014 - 16:08 Source

A type of ageism? Alois Alzheimer’s finding has cast a long shadow over medical research into dementia.
National Library of Medicine

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WixxyLeaks Monday, July 28, 2014 - 15:55 Source

This week in Australia 157 reminders of an Abbott government failure arrive in Australia.

These reminders are not just policy failures, they also represent failures of human decency that have brought shame on Australia worldwide.

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New Matilda Monday, July 28, 2014 - 15:55 Source

If you're looking for work - or looking to dismantle a welfare safety net - then there's no time to waste.

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Prosper Australia Monday, July 28, 2014 - 15:06 Source

One of the biggest impediments to labour mobility are stamp duties levied on housing transactions. Stamp duties can add tens-of-thousands of dollars to the cost of changing home, leading to fewer transactions and discouraging labour mobility.

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