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MacroBusiness Thursday, January 29, 2015 - 09:21 Source

The post ACOSS charts fairer path to Budget surplus appeared first on MacroBusiness.

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MacroBusiness Thursday, January 29, 2015 - 09:18 Source

Good wrap from Chris Weston. Share on Facebook Share on Twitter Share on Reddit + -

The post More on the consequences of Fed patience appeared first on MacroBusiness.

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New Matilda Thursday, January 29, 2015 - 09:15 Source

Extraction from a coal seam gas well in the Hunter Valley has been suspended by the government after testing uncovered elevated levels of toxic chemicals.

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Table Talk: Bob Ellis on Film and Theatre Thursday, January 29, 2015 - 09:05 Source

Andrew Bolt, a Liberal voter, called the Sir Prince Philip decision ‘very, very stupid’ and ‘potentially fatal to the leadership of Tony Abbott’. ReachTEL showed him on a 22 percent approval rating, the lowest for a sitting Prime Minister thus far in world history, and Labor beating the Coalition by 54 to 46, though Morgan’s figures were 56.5 and 43.5. 70 percent of Australians, that is, seventeen million people, thought it was a rotten idea.

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Popular Science Thursday, January 29, 2015 - 09:05 Source

The Internet's already inextricably intertwined with our everyday lives, and it's only going to become more and more prevalent as the so-called "Internet of Things" takes off. Everything from wearables to home appliances to medical devices are going to be connected to the net, and the U.S.'s Federal Trade Commission wants manufacturers to make sure that the security and privacy of consumers is paramount.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

When I was a kid, Polaroid cameras were the height of technology: take a photo, it pops out of the camera, and then a minute or two later—with some optional shaking—you've got your picture in your hand. These days, all photos are essentially instantaneous, but one crowdfunded project wants to bring back the era of physical prints in your hand.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

There's a new island in the Pacific Ocean, thanks to an underwater volcano eruption that's been going on for the past month.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

This CCTV 7 broadcast from October 2013 shows a CH-3 UCAV firing a AR-1 anti-tank missile at a ground target. While the U.S. and allies have been reluctant to export UCAV technology, China has been far less shy, with Nigeria, Pakistan and Saudi Arabia as probable customers already.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

Drop pure sodium into water, and you'll get some explosive results. You might have even seen this yourself. Sodium-in-water is a common chemistry class demonstration and scientists have a solid grasp of what's happening during the reaction. Yet one team recently discovered an additional step to the process. Just before the explosion occurs, spikes of sodium metal shoot out into the water, a team of chemists from the Czech Republic and Germany discovered.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

I'm the de facto tech support person in my family. This means every trip to a relative's house I'm asked (among other things) whether or not to update Adobe Flash. Well, we're one step closer to sidestepping that question entirely: YouTube announced this week that it's eschewing Flash to stream HTML5 video by default.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

About 25,000 to 3,000 years ago, land mammals died out in massive numbers from the Arctic to the Caribbean, which scientists have attributed variously to climate change and human activity. Bats weren't as susceptible as their non-flying cousins — in the Caribbean, about 18 percent of bat species died out, compared to about 80 percent of land mammals — but still, several species disappeared from entire islands.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

“But if it's virtual reality, why should he only use two arms? Why should he even have a humanlike form?” asks Jeremy Bailenson, director of Stanford's Virtual Human Interaction Lab...

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Popular Science Thursday, January 29, 2015 - 09:03 Source

A famed physicist who was among the creators of lasers died yesterday. Charles Townes invented the MASER--short for Microwave Amplification by Stimulated Emission of Radiation, instead of LASER's Light Amplification by Stimulated Emission of Radiation--and filed patents for lasers as well. As implied by the name, masers amplify microwaves by using [hard crystals and powerful magnetic fields]; they often serve as key components of atomic clocks and radio telescopes.

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Popular Science Thursday, January 29, 2015 - 09:03 Source

DALER is a flying wing that swoops like a bat in the sky, and wobbles forward like a bat on the ground. Created by Ludovic Daler, the Deployable Air-Land Exploration Robot has flexible wings that contract, angling the body so that special wing tips, which spin forward, can allow the DALER to crawl one awkward, creepy step at a time.

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Popular Science Thursday, January 29, 2015 - 09:02 Source

Every time a new action film or animated movie comes out, we marvel at the amazing computer-generated effects. But those effects can be even more impressive on a small, quiet scale. Artist Benoît Dereau has created a 3D walkthrough of a Paris apartment that's mind-blowing in its sheer attention to detail and subtlety.

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MacroBusiness Thursday, January 29, 2015 - 08:14 Source

The post Domain: House price growth continues to slow appeared first on MacroBusiness.

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En Passant Thursday, January 29, 2015 - 07:54 Source

It’s a lockout, a sit in, a picket writes Jerome Small in Red Flag. It’s a rolling conversation. It’s woodsmoke, and chairs that fall apart. It’s the most ordinary thing that could happen, on an ordinary street, in an industrial suburb, in any city you care to name. In an ordinary, everyday way, it has paralysed the Australian operations of one of the biggest corporations on the planet.

It’s a lesson that I never get tired of learning. When workers stop working, it’s the most powerful thing on Earth.

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Prosper Australia Thursday, January 29, 2015 - 07:51 Source

  The Queensland election this Saturday has the nation holding its breath.  Will the Liberal/National Party government of Campbell Newman with 78 of the 89 seats in the parliament be displaced by a very angry electorate, or merely have their huge majority whittled back and Premier Newman unseated? Intrepid researchers Soos, Egan and David have […]

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MacroBusiness Thursday, January 29, 2015 - 07:27 Source

By Paul Egan, Philip Soos & Lindsay David Introduction Following our analysis of Federal and Victorian Parliamentarians’ real estate holdings, attention turns to Queensland, where Premier Campbell Newman has called a snap early election for 31st January, 2015. Australia, including Queensland, is facing a chronic housing affordability crisis. Housing price inflation has outstripped both rents […]

The post QLD politicians’ $91 million property holdings appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, January 29, 2015 - 07:12 Source

Assistant Treasurer, Josh Frydenberg has just returned from the World Economic Forum meeting in Davos with some pearls of wisdom that have come from a suppository of wisdom that would put Tony Abbott’s suppository of wisdom to shame, i.e., the Troika, otherwise known as the EU Commission, the International Monetary Fund and the European Central Bank.

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Table Talk: Bob Ellis on Film and Theatre Thursday, January 29, 2015 - 06:53 Source

I had not thought Paper Planes would be as good as this, better I think than Storm Boy, and like that classic emotionally available to audiences of all ages.

Dylan, an eleven-year-old country boy whose mum has lately died in a car accident, lives in a rundown shack on a dustblown farm with his glum dad Jack, who does not go to work any more, but watches recorded football games on the flatscreen. Dylan lives on tinned spaghetti, feeds an eagle bacon each morning and rides his bike to the school. The eagle, his friend, looks down on him benignly, far below.

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The Australian Independent Media Network Thursday, January 29, 2015 - 06:44 Source

Another in my summer series of short stories.

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North Coast Voices Thursday, January 29, 2015 - 06:28 Source

Taking a second twirl around the Australian reaction to Anthony John Abbott’s latest political gaffe and cultural cringe - discovering howls of laughter alongside expressions of disgust.The newspaper front page mocking the Prime Minister:

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MacroBusiness Thursday, January 29, 2015 - 06:13 Source

A couple of polls late yesterday painted a bleak picture for Dead Duck Tony: And from Roy Morgan: ALP support rose to 56.5% (up 2%) on Australia Day weekend, well ahead of the L-NP 43.5% (down 2%) on a two-party preferred basis.  If a Federal Election were held now the ALP would win easily according […]

The post Polls quack for Dead Duck Tony appeared first on MacroBusiness.

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MacroBusiness Thursday, January 29, 2015 - 06:05 Source

The post RBA rate hawks screech into abyss appeared first on MacroBusiness.

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MacroBusiness Thursday, January 29, 2015 - 06:04 Source

The post Australian bonds give rate hawks the bird appeared first on MacroBusiness.

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MacroBusiness Thursday, January 29, 2015 - 06:03 Source

The RBNZ is never caught on the hop, from Westpac: The RBNZ’s OCR Review this morning kept the OCR unchanged at 3.50% as expected, but shifted from an explicit tightening bias to an explicit neutral bias with an allowance for rate cuts – a dovish market surprise. The most important change, from the market’s point […]

The post RBNZ doves hammer Aussie dollar appeared first on MacroBusiness.

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MacroBusiness Thursday, January 29, 2015 - 05:57 Source

From Deloitte: The sixteenth edition of the AFGC CHEP Retail Index indicates that a slowdown will be seen in year-on-year growth in retail sales. The Index was 4.5 per cent higher in December 2014 compared to December 2013, a slightly higher rate of growth from 4.2 per cent in September 2014. On a quarterly basis, the Index […]

The post Chep Index shows slowing retail appeared first on MacroBusiness.

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MacroBusiness Thursday, January 29, 2015 - 01:44 Source

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

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MacroBusiness Thursday, January 29, 2015 - 01:08 Source

The post Will China de-peg from the US dollar? appeared first on MacroBusiness.

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