Blogotariat

Oz Blog News Commentary
MacroBusiness Wednesday, July 1, 2015 - 13:02 Source

Is the great iron ore miner bust finally upon us? It’s still too early in my view but the fundamentals and technicals are fast slipping away and you never know. BHP and RIO are both down 2% or so today and are near technical breakdown. FMG is down 5% and right on terminal support around

The post BHP, RIO, FMG tank on futures appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 9
Renew Economy Wednesday, July 1, 2015 - 12:49 Source

South Australia looks to install battery storage in parliament house, museums and art galleries, and up to 150 other buildings including schools and railway stations, as it looks to become a leader in energy storage as well as wind and solar.

Read more Views: 10
Renew Economy Wednesday, July 1, 2015 - 12:45 Source

Citizens and industry hit back at a proposal to tax solar-plus-storage systems.

Read more Views: 12
Renew Economy Wednesday, July 1, 2015 - 12:45 Source

Denial, anger, bargaining, depression, and acceptance. The 5 stages of grief for coal.

Read more Views: 10
Renew Economy Wednesday, July 1, 2015 - 12:44 Source

3 of the world’s top greenhouse gas emitters — all released major commitments to reduce or at least slow their greenhouse gas emissions.

Read more Views: 12
MacroBusiness Wednesday, July 1, 2015 - 12:44 Source

The steel PMI is out today from China’s NBS and it might have to consider discontinuing it again: PMI Output New Orders New export orders Feb-14 39.9 35.2 32.4 52.3 Mar-14 44.2 39.7 46.1 48.6 Apr-14 52.6 53 57.8 52.1 May-14 46.4 45.4 45.8 51.6 Jun-14 48.3 48.9 50.7 55.7 Jul-14 48.6 50.7 49.1 48.2

The post China’s steel PMI crashes appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 18
Renew Economy Wednesday, July 1, 2015 - 12:40 Source

Documents uncovered through FOI show Qld Treasury flagged Adani's Australian mega-coal mine proposal as a huge investment risk.

Read more Views: 13
MacroBusiness Wednesday, July 1, 2015 - 12:39 Source

By Leith van Onselen The ABS has released engineering construction data for the March quarter of 2015, which revealed a 7.0% seasonally adjusted fall in the value of work done over the quarter, a 20.3% fall over the year, and an ongoing reduction in the construction pipeline. According to the ABS, private sector engineering construction

The post Engineering construction tumbles off mining cliff appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 8
Renew Economy Wednesday, July 1, 2015 - 12:25 Source

In attempt to downplay China climate pledge, Julie Bishop says Chinese economy will stop growing by 2030. Is there anything Abbott govt will not say?

Read more Views: 12
Popular Science Wednesday, July 1, 2015 - 12:05 Source

A MERS outbreak in South Korea has infected 181 people and killed 33.

Read more Views: 13
Popular Science Wednesday, July 1, 2015 - 12:05 Source

In addition to water bottles, disinfectant spray bottles have become commonplace in many athletic facilities. The routine is simple to adopt; after you've used a piece of equipment, simply spray down the surfaces you've touched and give it a wipe.

Read more Views: 10
Popular Science Wednesday, July 1, 2015 - 12:05 Source

The Saturn V launches are the probably the most iconic launches of the Apollo era, a 363-foot rocket riding on a pillar of flames. But the Gemini launches were, in many ways, far more beautiful. The sleek Titan II missile launched the streamlined spacecraft into orbit on a clear flame. It also made a “bwooping” sound at the moment just before liftoff, a uniquely strange sound.

Read more Views: 12
Popular Science Wednesday, July 1, 2015 - 12:05 Source

After the explosion of SpaceX's Falcon 9 rocket on Sunday, the hunt is on to find out what went wrong. Although the company says it still isn't sure what the hell happened, the Air Force has just announced that its safety officers sent the command for the rocket to destroy itself--but that was long after it was already breaking apart from a malfunction, USA Today reports.

Read more Views: 37
Popular Science Wednesday, July 1, 2015 - 12:05 Source

Yes, there will be an extra second in the day, added in at midnight Coordinated Universal Time (UTC). Not that you noticed. It is just a second after all.

Read more Views: 11
Popular Science Wednesday, July 1, 2015 - 12:05 Source

Illegally traded specimens of endangered species present a huge problem to investigators and customs officials all over the world. But in some cases, the illegal trade isn't ivory or endangered animals: it's bits of wood.

Read more Views: 12
Popular Science Wednesday, July 1, 2015 - 12:05 Source

In the US, this weekend is the Fourth of July, a time for family, and hot dogs and, of course, fireworks. You know, those things we banned in Australia (except for Canberra and the NT) because they're too dangerous.

Read more Views: 10
Popular Science Wednesday, July 1, 2015 - 12:05 Source

During his townhall Q&A session on his Facebook page today, Facebook CEO Mark Zuckerberg shared his idea of what a technologically integrated future looks like: and it's a lot like an episode of Charlie Brooker's Black Mirror.

Read more Views: 13
MacroBusiness Wednesday, July 1, 2015 - 11:51 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) has released dwelling approvals data for the month of May. At the national level, the number of dwelling approvals rose by a seasonally adjusted 2.4% to 19,414. The overall rise was driven by the volatile unit and apartment segment, which surged by 16.6% in May.

The post Apartment surge offsets weak houses appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
New Matilda Wednesday, July 1, 2015 - 11:49 Source

Greece has no option but to walk away from the Euro in the face of an ongoing economic coup, writes David Tuckwell.

Read more Views: 11
MacroBusiness Wednesday, July 1, 2015 - 11:42 Source

Cross-posted from Martin North: ASIC today published their report into the Australian Hedge Funds Industry. It draws from aggregated industry data and a survey to September 2014. Hedge funds comprise about 4% of managed funds in Australia, $95bn compared with $2,407bn. Superannuation funds accounted for approximately three-quarters of this total with nearly $1,789 billion in

The post Profiling Australia’s hedge funds appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 11
MacroBusiness Wednesday, July 1, 2015 - 11:18 Source

China’s official PMI for June is out and is clearly struggling to gain momentum at 50.2 versus 50.3 expected and unchanged from May. Output was also steady at 52.9 but new orders were virtually flat falling to 50.1 versus 50.6 last month. New export orders fell away as well to 48.2 from 48.9: For years it’s

The post China official PMI turns zombie appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
Your Democracy Wednesday, July 1, 2015 - 11:01 Source

bourgeois

The mixing of secular and religious beliefs has placed us at war with ourselves, as well as being in need to defend the furniture from secondary terrorism stemming from our idiotic crusades.

read more

Read more Views: 9
Croakey Wednesday, July 1, 2015 - 10:57 Source

The failure of successive governments to act on improving food and nutrition for Aboriginal and Torres Strait Islander peoples is a “shame and disgrace”, according to University of Newcastle researcher Dr Mark Lock. In an exhaustive investigation of...

Read more on the blog...

Read more Views: 8
MacroBusiness Wednesday, July 1, 2015 - 10:51 Source

Deutsche cut its iron ore outlook today: Still far too high, which explains why they retain a RIO buy, but low enough to cut FMG to sell: With the drop in our iron ore price forecasts over the medium to long run on weaker than expected steel demand and an increasingly oversupplied iron ore market

The post Deutsche pushes Fortescue to the edge appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 12
The Australian Independent Media Network Wednesday, July 1, 2015 - 10:37 Source

There was a time, in the days before Abbott, when the world had a chance.

Today’s post is brought to you by The Liberal Party.  This is an excerpt from the transcript of Prime Minister John Howard’s Address to the Melbourne Press Club in 2007.

Climate change is a large, complex and serious global challenge that will occupy the world for decades to come. Over time, the scientific evidence that the climate is warming has become quite compelling and the link between emissions of greenhouse gases from human activity and higher temperatures is also convincing.

Read more Views: 11
The Australian Independent Media Network Wednesday, July 1, 2015 - 10:35 Source

If the phrase “No Country Ever Taxed Its Way To Prosperity” seems familiar, it’s probably because a number of Liberals have used it over the past couple of years. Mind you, like most of their policies – they did borrow it from the Tea Party in the USA. I’m not sure who the Tea Party borrowed it from but I’m sure someone will enlighten me.

Read more Views: 12
MacroBusiness Wednesday, July 1, 2015 - 10:14 Source

By Leith van Onselen Following on from my post yesterday on RP Data’s daily dwelling values index results for June, Core Logic-RP Data has released its full results, which also cover the smaller capitals and regional areas (see next table). As you can see above, the smaller capitals and the regions had a mixed month

The post Full RP Data June house price release appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15
MacroBusiness Wednesday, July 1, 2015 - 10:07 Source

From the excellent Jonathon Mott at UBS Macro-Prudential tightening takes effect In December APRA announced a heightened focus on sound lending practices and banks growing Investment Property Loan (IPL) credit above 10%. This was followed by a mortgage serviceability survey which found many practices that were “less than prudent”. Following communications with APRA the banks have tightened underwriting standards

The post UBS: Property has peaked appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 28
xkcd.com Wednesday, July 1, 2015 - 10:00 Source

Do you need me to do a quicksort on the whiteboard or produce a generation of offspring or something? It might take me a bit, but I can do it.

Read more Views: 10
MacroBusiness Wednesday, July 1, 2015 - 09:54 Source

From the AFR: The US government bank that has injected almost $10 billion into Australian resources projects, including Gina Rinehart’s Roy Hill iron ore mine, is shutting down, leaving a potential funding hole for future mining development. US political conservatives have successfully waged an ideological war against the taxpayer-backed US Export-Import Bank, arguing it is

The post US shuts Gina bank appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 12

Pages