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MacroBusiness Tuesday, February 17, 2015 - 08:05 Source

The post Guv’ invites Boomers to suck Australia dry (updated) appeared first on MacroBusiness.

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The Melbourne Urbanist Tuesday, February 17, 2015 - 08:03 Source

Is it full steam ahead for Melbourne Metro (or is it hot air)?

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MacroBusiness Tuesday, February 17, 2015 - 07:35 Source

From the FT: …A high-stakes meeting of eurozone finance ministers over the future of Greece’s bailout unexpectedly broke down early in deliberations after Athens angrily objected to a proposal that it continue with the terms of its current €172bn bailout, calling it “absurd” and “unacceptable”. The draft text, obtained by the Financial Times, states that […]

The post Grexit talks break down appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 17, 2015 - 07:34 Source

From Jeremy Grantham: The simplest argument for the oil price decline is for once correct. A wave of new U.S. fracking oil could be seen to be overtaking the modestly growing global oil demand. It became clear that OPEC, mainly Saudi Arabia, must cut back production if the price were to stay around $100 a barrel, which […]

The post Grantham: Lower oil price is new normal appeared first on MacroBusiness.

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Peter Martin Tuesday, February 17, 2015 - 07:30 Source

Joe Hockey may have just let the cat out of the bag.

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En Passant Tuesday, February 17, 2015 - 07:28 Source

SYRIZA, the new radical left wing government in Greece ‘pledged on Saturday to close down detention centres for [refugees] that have long been criticised by rights groups as inhumane.’

A Pakistani man had died overnight at the Amygdaleza detention centre in western Athens in a suspected suicide.

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Your Democracy Tuesday, February 17, 2015 - 07:12 Source

 

like vintage cheese...

Minister for Communications Malcolm Turnbull has done little to allay leadership speculation after carefully deflecting questions in a coy appearance on ABC's Q&A.

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MacroBusiness Tuesday, February 17, 2015 - 06:21 Source

The post How to value commodities appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 17, 2015 - 03:43 Source

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

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MacroBusiness Tuesday, February 17, 2015 - 01:07 Source

Cross-posted from Inventing in Chinese Stocks. CBS MarketWatch: Watch out: Yuan plunge is possible, warn analysts Bank of America Merrill Lynch Global Research warns in a new report that it sees a “non-negligible” risk that China’s government will surprise the market by slashing the value of its currency. To reach this conclusion requires not just […]

The post Chinese yuan devaluation pressures mount appeared first on MacroBusiness.

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MacroBusiness Tuesday, February 17, 2015 - 01:01 Source

The post Links 17 February 2015 appeared first on MacroBusiness.

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Peter Garcia-Webb Tuesday, February 17, 2015 - 01:00 Source

Israel’s aggressive apartheid against Palestinians has reached unprecedented heights during the last few weeks. The excuse might be the upcoming election, but the changes will not be reversed no matter who wins or loses. The events have been met by a deafening silence among Western governments and media alike. They are only concerned with anti-Semitism, whether real or simply Mossad driven propaganda.

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The Australian Independent Media Network Tuesday, February 17, 2015 - 00:53 Source

THE death penalty is sadistic violence perpetrated by those voted into government, murder to maintain and demonstrate power, if the people carrying out these killings were not in government or judiciary, they themselves would be locked up.

The impending deaths at the hands of the Indonesian government of Bali9 drug traffickers, Andrew Chan and Myuran Sukumaran, has brought the issue of the death penalty to the front pages of our newspapers. It is almost 10 years since the crimes of the Bali9 were committed. If you wait 10 years before killing someone, that is not justice, that is revenge.

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North Coast Voices Tuesday, February 17, 2015 - 00:16 Source

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North Coast Voices Tuesday, February 17, 2015 - 00:15 Source

# On 3 February 2015 Federal Liberal MP for Bowman Andrew Laming announced he will introduce a private members’ bill, abolishing Knights and Dames from the Australian honours system. Two titles unilaterally re-introduced into the honours system by Prime Minister Abbott in March 2014.# On 5 February 2015 U.S.

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Drag0nista's Blog Monday, February 16, 2015 - 23:00 Source

There’s more than just Tony Abbott standing between Malcolm Turnbull and the PM title. If he wants the top job he’ll need to contend with the Liberals’ hard-right faction – and time is running out. Weekly column for The Drum.Filed under: Politics Tagged: ABC The Drum, conservatives, leadership, Malcolm Turnbull, progressive

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En Passant Monday, February 16, 2015 - 20:36 Source

Joe Hockey, Australia’s most hated Treasurer (and that’s just within the Liberal party room) , is committed to cracking down on tax avoidance.

So much so that he decided a few weeks ago not to proceed with former Labor government proposals to stop big business claiming legitimate interest deductions against exempt income. It would be too hard to do.

That was Hockey’s excuse, after he took advice from the very people who would be caught by the changes or their advisers. Yep, Joe Hockey really and truly is committed to cracking down on tax avoidance.

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Your Democracy Monday, February 16, 2015 - 20:14 Source

on message .....

from PoliticOz ….

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The Australian Independent Media Network Monday, February 16, 2015 - 20:13 Source

In my younger days, well, a long, long time ago, I saw Billy Bragg at Melbourne Uni.

Now, let me be clear, I was a long way past being a student there. I was an old man in my thirties and there was a “Joh for PM” campaign going on at the time.

Billy made a few jokes about Joh, then looked like he going to play, but he paused.

Then he said that it’s all very well to laugh at Joh, but after that someone will come along and tell us all that he’s more reasonable And we’ll buy that because it’s all a compatative thing.

I’m not sure if this is what he sang, but this is all about my memory.

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John Quiggin Monday, February 16, 2015 - 19:41 Source

OK, threading still doesn’t seem to work. See what you think of the other tweak (100 comments, first page shwon first)

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New Matilda Monday, February 16, 2015 - 18:53 Source

Protests and vigils are expected to roll out across the nation tomorrow to remember an asylum seeker murdered on Manus. Max Chalmers reports.

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Ambit Gambit Monday, February 16, 2015 - 18:44 Source

If the LNP challenges the ECQ’s decision in Ferny Grove and wins, it’s possible that the Palaszczuk government will be one of the shortest in Queensland’s history. But everyone seems to think there is no chance of the LNP mounting a challenge, or succeeding. Having been through the 1995 Mundingburra appeal I wouldn’t be so sure. The […]

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The Australian Independent Media Network Monday, February 16, 2015 - 18:35 Source

Domestic Violence

According to the most recent National Homicide Monitoring Program (NHMP) annual report, there have been more than 6,200 homicides in Australia since data collection began in 1989–90, with one in every four cases involving the death of a victim killed by his or her intimate partner (see Chan & Payne 2013).

It is quite difficult to find a list of deaths due to domestic violence on the internet.

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John Quiggin Monday, February 16, 2015 - 18:19 Source

It’s time for another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m going to switch on threaded comments. If it works you can try it out here. I’m not sure what will happen to older posts.

Also, I’ve tweaked the settings to show 100 comments at a time, and to begin at the beginning, rather than showing the last page first.

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Antony Green's Election Blog Monday, February 16, 2015 - 17:55 Source

At every election I have to allocate a party status and margin to each seat, and the NSW seat of Miranda is creating a few classification problems for the 2015 NSW state election.

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Ambit Gambit Monday, February 16, 2015 - 16:28 Source

Late summer, almost nightly showers keeping all green. An ocean warm and welcoming, if often wilder than my timid swimming skills would like. Amid all the bluster about the reality of climate change (internationally and locally in these blogs) I have quietly finished Naomi Klein’s book This Changes Everything. I am waiting for my fellow […]

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MacroBusiness Monday, February 16, 2015 - 16:03 Source

Chris Weston, Chief Market Strategist at IG Markets Being long developed market equites continues to be the right trade, unless of course you think ultra-short-term and scalp the markets. Being a trend follower is working well in equities, as central bank easing/liquidity have ring fenced macro concerns, while green shoots around global growth have given […]

The post ASX at the close appeared first on MacroBusiness.

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New Matilda Monday, February 16, 2015 - 16:00 Source

In New Matilda's ongoing debate around nuclear energy, Barry Brook and Ben Heard make their case for nuclear power's role in tackling climate change.

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Croakey Monday, February 16, 2015 - 15:57 Source

The Federation Reform consultation process is now underway.  Readers may remember that the health issues paper was release in December last year and the process has been seen by groups such as AHHA as a possibility to improve healthcare. At the time...

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The Australian Independent Media Network Monday, February 16, 2015 - 15:46 Source

Tony Abbott’s government has taken some body-blows in recent weeks, and Abbott’s own leadership standing is suffering. Some say that this is due to a savage budget that seeks to address a non-existent budget emergency by penalising those who can least afford it and by punching the powerless, compounded by poor communications and head-scratching political decisions.

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