Blogotariat

Port Macquarie is a Nationals seat on the north coast of New South Wales, covering the city of Port Macquarie and surrounding rural areas.

Protests over fears of a weakening of pay and conditions are a 'union beat-up', says a government adviser.

Australia could have its first floating solar power plant as soon as April, with a PV array to be installed on a SA wastewater plant.

From The Australian: US fund management giant The Capital Group has raised its stake in iron ore miner Fortescue Metals Group. The investment manager increased its stake in Australia’s third-biggest iron ore miner to 6.05 percent from 5 percent previously, buying 32 million shares over the past month at an average price of $2.447 each, […]

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From the AFR: China has signalled a tightening in credit this year as economic growth slows to 7 per cent and the government pledges to smooth the path for foreign companies looking to invest in the world’s second biggest economy. In his annual speech to parliament on Thursday, Premier Li Keqiang said inflation would increase […]

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The post Live: Launch of the Intergenerational Report appeared first on MacroBusiness.

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The post Retail sales continue to slow appeared first on MacroBusiness.

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Constitutional reform appears headed for nothing more than a ‘fluffy’ preamble, with no rights protections for First Australians. Amy McQuire takes aim.

It’s hard enough to get a handful of health groups to agree on anything but there is one cause important enough to unite over a hundred peak medical and health groups – the need to work together to improve the health of Indigenous Australians.  ...

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Intergenerational theft

Another quick update today on one of MB’s consistent memes, the strength of non-resources, dollar-exposed industrial stocks in the equity market. From UBS: That’s some very useful out-performance. UBS also notes a shift toward cyclicals in recent months: Share on Facebook Share on Twitter Share on Reddit + -

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Everything this government does is designed to achieve one of two goals:  to get the budget into surplus or to get themselves re-elected.

And that is the problem.  These are not goals.  They may be methods to achieve a goal but they are meaningless without a specific idea of what you hope to accomplish.

They say they want to boost the economy but they fail to look at the opportunity cost of their decisions because they are made for the wrong reasons.

Politics is causing this government to flounder along down an ideological path that leads to nowhere because they have no ultimate destination in mind.

In 2009, a Maryland county court convicted Glenn Raynor of rape, the verdict hinging on a key piece of evidence: Raynor's DNA samples. However, Raynor didn't give his DNA willingly. After he consistently refused to provide any samples to the police, officers snagged a few samples of Raynor's sweat from a chair he had been sitting in during an interrogation session. The DNA matched DNA found at the crime scene, and the prosecution built their case around that fact, leading to a 100-year prison sentence.