Blogotariat

Oz Blog News Commentary
New Matilda Monday, May 4, 2015 - 13:52 Source

The conservative columnist has taken offence to protests in opposition to the closure of remote Aboriginal communities. Amy McQuire fires back.

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Prosper Australia Monday, May 4, 2015 - 13:43 Source

Over the weekend the Andrews Government announced a tax on foreign investment in Victorian real estate. This includes a 3% Stamp Duty surcharge and a 0.5% Land Tax premium for absentee owners. On top of the $5,000 foreign investment fee announced by the Federal government, this will add some much needed balance between those looking […]

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Harrangue Man Monday, May 4, 2015 - 13:20 Source

Sigh.(scrape, scrape, scrape)

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MacroBusiness Monday, May 4, 2015 - 12:58 Source

by Chris Becker Some robust reporting from Ian Verrender at the ABC on where the real proceeds of the mining boom have ended up, with revelations that they pay at most 15% tax on profits. An Australian Taxation Office document, seen by the ABC, is dynamite and is likely to prove many of our biggest

The post ATO to expose mining tax cheats appeared first on MacroBusiness.

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MacroBusiness Monday, May 4, 2015 - 12:50 Source

by Chris Becker The HSBC Manufacturing PMI for April shows the lowest rating in a year, contracting to 48.9 points, well below expectations. This is also below the flash result posted a week or so ago (at 49.2 points) and Friday’s official print (which is more about the bigger firms). Looking at the internals, the new

The post Chinese manufacturing slumps appeared first on MacroBusiness.

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New Matilda Monday, May 4, 2015 - 12:38 Source

How low can they go? The Coalition’s immigration policy may be cruel and inhumane, but at least it’s not for sale. Max Chalmers reports.

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Jack the Insider Monday, May 4, 2015 - 12:35 Source

On Saturday, veteran political commentator, Laurie Oakes, considered the prospect of Tony Abbott calling an early election. It would be a high risk strategy but…

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MacroBusiness Monday, May 4, 2015 - 12:23 Source

The iron ore rally that took off again Friday continues today with BHP up 1.6% and RIO up 2%. FMG is down 2%. To the indexes: This looks like pure hopium to me. The mooted Vale cut to production is irrelevant in the scheme of things. On any 3-6 month horizon big iron now looks hugely

The post Big iron rallies as futures give Vale the bird appeared first on MacroBusiness.

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laberal Monday, May 4, 2015 - 12:20 Source

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Renew Economy Monday, May 4, 2015 - 11:57 Source

As Labor accepts 33,000GWh RET compromise, and business calls on government to do the same, the Coalition's 32,000GWh 'final offer' is under pressure.

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MacroBusiness Monday, May 4, 2015 - 11:56 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) has released dwelling approvals data for the month of March. At the national level, the number of dwelling approvals rose by a seasonally adjusted 2.8% to 19,419. The overall rise was driven by the volatile unit and apartment segment, which jumped by 5.3% in March.

The post Dwelling approvals surge on second wind appeared first on MacroBusiness.

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MacroBusiness Monday, May 4, 2015 - 11:34 Source

ANZ job ads rebounded 2.3% in April after falling 1.4% in March: ANZ chief economist Warren Hogan :said “After slipping lower in March, job advertisements posted a solid rebound in April, and now sit at the highest level in two and a half years,” he said. “This positive result is consistent with recent employment data.” “We

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Renew Economy Monday, May 4, 2015 - 11:29 Source

Nuclear proponents argue that humans can store radioactive waste, but not solar energy. Tesla’s Elon Musk just proved them wrong.

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MacroBusiness Monday, May 4, 2015 - 11:20 Source

Bit of a scratched record at the shadow: Economic data is once again painting a motley picture of the Australian economy. Slight improvements in the labour market, stronger commodity prices, and a headline inflation rate near the centre of the official target band stand opposed weakening consumer sentiment and a deterioration of the international economy.

The post Shadow RBA says hold appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, May 4, 2015 - 11:18 Source

“When I was young I thought South Africa would always be apartheid.  I never thought the Berlin Wall would come down.  I thought Russia would always be Communist.  Leaders didn’t bring these changes.  They came from the people.  All of us as individuals must turn up.”

– Tony Windsor, Carnegie Conversations, Sydney Opera House, 3 May 2015

On Sunday, the Sydney Opera House hosted the Carnegie Conversations – a series of discussions about a variety of topics broadly themed around what is wrong with Australia and how can we fix it – ideas for a better Australia.

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MacroBusiness Monday, May 4, 2015 - 11:14 Source

by Chris Becker Is Westpac ringing a bell here for banking stocks a day before the RBA will most likely give the oligopoly another boost? The first half net profit of the country’s second biggest mortgage holder was completely flat, unchanged at $3.6 billion as it reported this morning. Just as flat analysis points to

The post Westpac money printer breaks as equity runs short appeared first on MacroBusiness.

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MacroBusiness Monday, May 4, 2015 - 10:57 Source

By Leith van Onselen The Australian reported over the weekend that next week’s Federal Budget would include additional special incentive payments to employers that take on unemployed workers over the age of 50: Older Australians will get new ­rewards for finding work… Federal cabinet has agreed to make faster payments of up to $10,000 to

The post Budget to favour unemployed seniors over youth appeared first on MacroBusiness.

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MacroBusiness Monday, May 4, 2015 - 10:55 Source

From Forexlive: TD Securities Inflation/Melbourne Institute (MI) Inflation Gauge for April. For the m/m,  +0.3% prior was +0.4% For the y/y,  +1.4% prior was +1.5% Trimmed mean +1.4% y/y prior +1.6% y/y Note … Slowing in non-tradable prices (1.8% y/y from 2.5% prior month)  … this is significant as inflation here has been high in recent

The post TD monthly inflation soft appeared first on MacroBusiness.

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Renew Economy Monday, May 4, 2015 - 10:43 Source

Tesla's battery pack won't allow you to quit the grid, but it does put a bomb under need to transform our unidirectional dumb grids into multi-directional multi-generation type smart grids. ASAP.

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Renew Economy Monday, May 4, 2015 - 10:43 Source

Tesla's battery pack won't allow you to quit the grid, but it does put a bomb under need to transform our uni-directional dumb grids.

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Renew Economy Monday, May 4, 2015 - 10:40 Source

The startup Vortex Bladeless is developing a bladeless micro wind turbine, like a super-long popsicle stick only rounder.

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MacroBusiness Monday, May 4, 2015 - 10:40 Source

This is what I mean when I talk about adding multipliers to falling mining jobs: That’s your shale bust. But this is still only the beginning for WOR and many of these jobs and more will be Australian. Just wait for LNG projects to finish and the iron ore production bust.

The post Worley Parsons to shred workforce appeared first on MacroBusiness.

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Popular Science Monday, May 4, 2015 - 10:37 Source

One minute the mouse was starving, and the next it turned away from its food, leaving it untouched. Its sudden bursts of activity were counteracted with just as sudden bouts of lethargy. This mouse was acting strange, and it wasn't by accident--it was because scientists made it behave that way.

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Popular Science Monday, May 4, 2015 - 10:37 Source

Could a battery big enough to power your whole home be coming to market soon? Yes, says Elon Musk. More than that, he says it will change the world. Rumors have swirled for weeks about a new announcement from Tesla, with onlookers around the world latching onto any crumb of information from the electric car company. CEO Elon Musk kept the suspense level high, promising that on Thursday he would reveal 'The Missing Piece' of the energy equation.

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Popular Science Monday, May 4, 2015 - 10:36 Source

Graffiti by drone was supposed to be a bad joke. Despite a ban on drones from this year's South by Southwest convention, a remote-control vandalism machine made its way to the show. Now, someone has used a drone to scrawl a tag across a billboard in New York. Welcome to vandalism's most complicated, least exciting era.

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Popular Science Monday, May 4, 2015 - 10:36 Source

The world of Middle Earth, as portrayed in the Lord of the Rings books and films, is known mainly for its inhospitability. Giant spiders, orc hordes, ringwraiths on horseback, and terrifying monstrosities of shadow and flame in the depths of caverns all make for a pretty unpleasant environment. As the books tell, it's also a great setting for adventurers, who tirelessly cross the world to fight these monsters and others.

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Popular Science Monday, May 4, 2015 - 10:36 Source

Thanks to new genetic engineering techniques, we can edit DNA with more precision than ever before. This technology has the potential to change whether a baby lives or dies, but it also carries with it a lot of unanswered scientific and ethical questions, such as the possibility of one day creating "designer babies".

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Popular Science Monday, May 4, 2015 - 10:36 Source

Your heart might “skip a beat” if you're frightened or you suddenly see a long-lost love, but in real life, an irregular heartbeat can be dangerous. If the heart can't pump enough blood to the body, it could result in organ failure or stroke. And certain prescription drugs may throw off the natural rhythm of your heart if not properly vetted.

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Popular Science Monday, May 4, 2015 - 10:36 Source

Even after 54 years of sending astronauts into space, NASA is still learning about how space conditions affect the human body. Currently, the agency is studying the effects of long-duration space flight on human vision, with its unique twins study. And researchers continue to analyze how microgravity wears away at the musculoskeletal system.

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Popular Science Monday, May 4, 2015 - 10:36 Source

From armored fish scales to ice-proof airplane coating based on frog's skin, the natural world has long been an inspiration to engineers. For those designing implantable medical devices, incorporating elements of the natural world has been even more challenging.

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