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Jack the Insider Friday, June 6, 2014 - 12:29 Source

Where are gruesome images of mayhem, human suffering and death freely available to all and sundry? Why, on a plain packaged cigarette packet…

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Drag0nista's Blog Friday, June 6, 2014 - 12:21 Source

Turnbull is playing the long game. Occasional post for SBS comment & analysis.Filed under: Politics Tagged: Alan Jones, Andrew Bolt, leadership, Malcolm Turnbull, SBS News, Tony Abbott

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MacroBusiness Friday, June 6, 2014 - 12:15 Source

This week the Fair Work Commission jacked the minimum wage 3% from$622.20 a week to $640.90 a week and that triggered a wave of hand-wringing among the loon pond, egged on by Treasurer Joe Hockey about competitiveness and lost jobs. The SMHblog has dug up a nice chart showing we are expensive at the bottom end of [...]

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Delimiter Friday, June 6, 2014 - 12:11 Source

Those of you with an interest in the technology startup equity funding space will be interested to know that the Federal Government's Corporations and Markets Advisory Committee this week delivered a major report into the possibility of allowing so-called Crowdsourced Equity Funding in Australia (CSEF). The concept, which is not dissimilar to the crowdfunding techniques used by sites such as Kickstarter, but with an ownership component, has been introduced overseas.

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MacroBusiness Friday, June 6, 2014 - 11:53 Source

The Australian has produced a simple video for those  that need an executive summary of what’s happening in the iron ore price. It’s accurate except misses the point that equities have pointedly not been tracking iron ore lower this time (at least the large ones haven’t): Small producers have: Dalian futures have opened flat today. [...]

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Delimiter Friday, June 6, 2014 - 11:38 Source

Communications Minister Malcolm Turnbull has cancelled four scheduled appearances on various ABC television and radio shows over the past month, it emerged yesterday, as last night yet another ABC flagship cut short a discussion of Australia's largest ever infrastructure project, the NBN, with the portfolio minister responsible for it.

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Popular Science Friday, June 6, 2014 - 11:31 Source

While Australia has made some amazing technological breakthrough - the Cochlear implant, WiFi sort of, and cask wine - none of those combined the two most techno-awesome creations of the 20th century: nuclear power and lasers. But that's about to change.

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MacroBusiness Friday, June 6, 2014 - 11:28 Source

By Leith van Onselen If you want a text book example of how Australia’s various state and territory governments manipulate urban land supply in order to force-up the cost of housing, look no further than the ACT Government. In January 2003, just days before bush fires hit the outlying suburbs, my girlfriend (now wife) and [...]

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Inside Story Friday, June 6, 2014 - 11:19 Source

“Sufficiently intense to injure or damage the mind”: destruction on Victoria’s Black Saturday.
Moira Fahy

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MacroBusiness Friday, June 6, 2014 - 11:18 Source

From the IMF today: A mission from the International Monetary Fund (IMF), led by Mr. Markus Rodlauer, Deputy Director of the Asia and Pacific Department, visited Beijing, Shanghai and Shenyang from May 22 to June 5 to conduct discussions on the annual Article IV review of the Chinese economy. The mission held highly constructive discussions [...]

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MacroBusiness Friday, June 6, 2014 - 11:08 Source

Headlines from Forexlive: The China Iron and Steel Association said in its monthly report: Iron ore prices are expected to fall further Steel makers to further cut output Production will decline because of weak demand, thereby reducing demand for iron ore Also warned that government restrictions on on iron ore financing will  push prices lower [...]

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Peter Garcia-Webb Friday, June 6, 2014 - 11:06 Source

China says there was no massacre at Tiananmen Square. Australia says occupied State of Palestine is not occupied. Spot the difference? There isn’t one. They are both denials of reality and history. Australia’s Attorney General says the use of the word occupied does not help the peace process. Which peace process was that again? You […]

The post Brandis: West Bank Occupied? No Tiananmen Massacre Either appeared first on Peter Garcia-Webb.

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Peter Garcia-Webb Friday, June 6, 2014 - 11:06 Source

China says there was no massacre at Tiananmen Square. Australia says occupied State of Palestine is not occupied. Spot the difference? There isn’t one. They are both denials of reality and history. Australia’s Attorney General says the use of the word occupied does not help the peace process.

Which peace process was that again?

You know, the one Israel stopped by building Settlements on occupied Palestinian territory.

Oh, that peace process.

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Prosper Australia Friday, June 6, 2014 - 11:00 Source

  Midnight Wednesday, the Queensland Parliament amended the Local Government Act and the City of Brisbane Act to legalise the theft of around $2.3 billion in differential rates charged by 20 councils on non-resident owners over the last twenty years. The Queensland government’s instinctive response puts protecting the revenues ahead of the law and the […]

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Inside Story Friday, June 6, 2014 - 10:55 Source

All you need to do is exist: NSA leaker Edward Snowden speaking at the South by Southwest conference in March.
Chris Goldberg/ Flickr

No Place to Hide: Edward Snowden, the NSA and the Surveillance State
By Glenn Greenwald
Hamish Hamilton | $30

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MacroBusiness Friday, June 6, 2014 - 10:51 Source

By Leith van Onselen I noted on Tuesday how the Western Australian Government’s iron ore forecasts were far too optimistic, and risked blowing a big hole in the state Budget. The problem is highlighted in the below table taken from the Budget papers, which shows a forecast spot price of $122.70 over 2014-15, and only [...]

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Delimiter Friday, June 6, 2014 - 10:44 Source

The National Broadband Network Company is working with Telstra on a trial of the Fibre to the Node rollout style which could see a thousand nodes connected to fibre, in a move which would deliver real-life results of the rollout style's performance across a series of diverse use cases.

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Croakey Friday, June 6, 2014 - 10:38 Source

GP and writer Dr Justin Coleman makes a case for re-allocating funding from specialist services to primary care………….oh and along with Dr Tim Senior, Professor Stephen Duckett, Dr Lesley Russell, Professor Jeff Richardson, the AMA, CHF, AHHA, AHCRA,...

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The Australian Independent Media Network Friday, June 6, 2014 - 10:22 Source

I have never been a politician but I have always been big on giving advice.  In my opinion, this government has things completely arse up and, being an experienced adviser myself, I blame their advisers.

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MacroBusiness Friday, June 6, 2014 - 10:17 Source

A nice little spruik today from The Pascometer: There’s been a 10 point easing of monetary policy over the past six to nine months despite the Reserve Bank leaving its cash rate steady. That’s the extent of bank interest rate discounting that you won’t read about because it’s not put in writing. It’s also why [...]

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Delimiter Friday, June 6, 2014 - 10:08 Source

The National Broadband Network Company yesterday revealed it had added a new category of construction into its dynamically updated network rollout map, with the company now providing additional transparency around areas where "build preparation" activities are being undertaken ahead of the actual physical construction of its network.

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Croakey Friday, June 6, 2014 - 10:07 Source

A new resource has been developed to support those working to reduce the harms associated with substance misuse in Aboriginal and Torres Strait Islander communities. National Indigenous Drug and Alcohol Committee (NIDAC) Chair, Associate Professor...

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xkcd.com Friday, June 6, 2014 - 10:00 Source

 Fly a kite into the blades, with a rock in a sling dangling below it, and create the world's largest trebuchet.

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Delimiter Friday, June 6, 2014 - 09:48 Source

The Department of Defence has appointed a new chief technology officer, nicking senior Toll IT executive Aiyaswami Mohan to replace its previous CTO Matt Yannopoulous, who left in October last year to take up the role of chief information officer at the Department of Immigration and Border Protection.

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MacroBusiness Friday, June 6, 2014 - 09:39 Source

Fresh from Westpac’s Elliot Clarke: The decision made at the June ECB meeting was broadly as expected. Draghi had all but confirmed a change of tack at the May meeting; and, since that time, leaks from ‘well-placed’ sources provided colour on the likely structure of the policy action. Not being in a position to fully [...]

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MacroBusiness Friday, June 6, 2014 - 09:33 Source

The AIG PCI is out and: Despite a ninth consecutive month of expansion in house building, the national construction industry has continued to decline. The seasonally adjusted Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) registered 46.7 points in May (readings below 50 points indicate contraction). This was an increase of [...]

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MacroBusiness Friday, June 6, 2014 - 09:17 Source

This post has been updated from earlier after a reader noted my Tony Abbott chart was overly flattering. Apologies! —————————– I know the recent Coalition leadership stoush has been stirred up by the usual loud-mouths, but one still has to ask just how badly and resonant the collapse in confidence around Prime Minister Tony Abbott [...]

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MacroBusiness Friday, June 6, 2014 - 09:02 Source

By Leith van Onselen Yesterday, I argued that commentators hailing this week’s stronger than expected March quarter GDP result needed a reality check, given that total expenditure in the economy (i.e. gross national expenditure or GNE) actually fell by a seasonally adjusted 0.3% in the March quarter, with annual growth clocking in at below 1% [...]

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MacroBusiness Friday, June 6, 2014 - 09:02 Source

By Leith van Onselen Yesterday, I argued that commentators hailing this week’s stronger than expected March quarter GDP result needed a reality check, given that total expenditure in the economy (i.e. gross national expenditure or GNE) actually fell by a seasonally adjusted 0.3% in the March quarter, with annual growth clocking in at below 1% [...]

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Your Democracy Friday, June 6, 2014 - 08:29 Source

brandis settlementss

The Abbott government has ruled out using the term "occupied" when describing Israeli settlements in East Jerusalem, prompting suggestions about a shift in Australia's foreign policy.

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