Blogotariat

Oz Blog News Commentary
Public Opinion Monday, September 8, 2014 - 13:40 Source

The Abbott Govt celebrates the removal of carbon pricing and the mining tax and stopping the asylum seeker boats from reaching Australian shores. That represents a roll back of Labor's policies and the rhetoric is that ridding the country of a minerals tax will boost income and create jobs even though the investment boom is over, the price of minerals is falling, and the mining tax raised very little money.

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MacroBusiness Monday, September 8, 2014 - 13:39 Source

From the SMH blog: China’s sluggish imports - down 2.4 per cent in August – not only reflect the impact of the commodity financing crackdown, but also suggest that the domestic demand slowed again, ANZ China chief economist Liu Li-Gang notes: Notably, China’s imported iron ore prices dropped to the lowest level since September 2012, and the […]

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Renew Economy Monday, September 8, 2014 - 13:23 Source

Redflow strikes battery supply agreement in Europe as it seeks to boost market openings.

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The Australian Independent Media Network Monday, September 8, 2014 - 13:20 Source

In the public eye Christopher Pyne is Australia’s most obnoxious politician. A title he probably wears with pride. The allegation by James Ashby last night on “60 Minutes” that he, Pyne, knew more than he was saying is consistent with Pyne’s general demeanor. Anyone who uses the “c” word to describe a fellow member of Parliament is deficient in morality in one form or another.

That aside, what the “60 Minutes” program last night did reveal was that this sick and sorry event still has much more to give.

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Renew Economy Monday, September 8, 2014 - 13:17 Source

NSW - in big wind and big solar - and Queensland - in rooftop solar - would have most to lose from changes to renewables target.

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Renew Economy Monday, September 8, 2014 - 13:17 Source

NSW - in big wind and big solar - and Queensland - in rooftop solar - would have most to lose from changes to RET.

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MacroBusiness Monday, September 8, 2014 - 13:15 Source

From BofAML: Covered bond purchases, could take the ECB’s balance sheet back to early 2012 levels, i.e. to €3tr from €2tr currently. These remarks, not only suggest that the ECB might have a target in mind regarding the size of its balance sheet, but raise questions about the boost to global liquidity from prospective ECB […]

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Renew Economy Monday, September 8, 2014 - 13:11 Source

The transition to a global renewable energy economy could save $71 trillion by the year 2050, according to IEA.

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Cheeseburger Gothic Monday, September 8, 2014 - 12:43 Source

Just watch.

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Drag0nista's Blog Monday, September 8, 2014 - 12:41 Source

‘Attack by inquiry’ the latest political whip. This week’s column for The Drum.Filed under: Politics Tagged: Australia Fund, Campbell Newman, Clive Palmer, inquiry, Liberal, LNP, PUP, Queensland, Senate

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Renew Economy Monday, September 8, 2014 - 12:41 Source

One of the largest copper mining companies in the world is set install a solar power project to power part of its operations in Chile.

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MacroBusiness Monday, September 8, 2014 - 12:13 Source

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Inside Story Monday, September 8, 2014 - 12:09 Source
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MacroBusiness Monday, September 8, 2014 - 12:04 Source

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MacroBusiness Monday, September 8, 2014 - 11:59 Source

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MacroBusiness Monday, September 8, 2014 - 11:42 Source

The modest recovery in ANZ job ads continued in August up 1.5%. From chief economist Warren Hogan: …”Recent trends in job advertising are consistent with a gradual turnaround in the labour market…Importantly, these developments appear to jar with the surprise jump in July’s unemployment rate to 6.4 percent and suggest recent labour market conditions are […]

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MacroBusiness Monday, September 8, 2014 - 11:30 Source

From Westpac’s excellent Elliot Clarke: Ahead of the August employment report, nonfarm payrolls had maintained a robust pace of growth through 2014, averaging 230k new jobs per month. While prone to greater volatility, the household survey had been similarly positive, with employment growth averaging 252k per month and the unemployment rate falling from 6.7% in March 2014 to 6.2% as […]

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MacroBusiness Monday, September 8, 2014 - 11:12 Source

From UBS and Credit Suisse: Pass the popcorn… Share on Facebook Share on Twitter Share on Reddit + -

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Club Troppo Monday, September 8, 2014 - 10:54 Source

Ross Douthat in the New York Times presents a compelling theory about the waves of sexual abuse scandals, from Roman Catholicism to Rolf Harris to Rotherham. Remember that these scandals are scandalous precisely because their perpetrators all got away with rape and abuse for long periods of time:

[I]nstead of looking for ideological vindication in these stories, it’s better to draw a general lesson. Show me what a culture values, prizes, puts on a pedestal, and I’ll tell you who is likely to get away with rape.

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MacroBusiness Monday, September 8, 2014 - 10:22 Source

From a real estate colleague of mine in Melbourne: I just wanted to give you an example of how heated our property market is. A property a couple of doors down from where I live (Glen Waverley) sold by private sale in early July 14 through Hocking Stuart. The property was on the market for […]

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MacroBusiness Monday, September 8, 2014 - 10:19 Source

I have warned that the iron ore crash will take down household names and it is. From the AFR: Pubs billionaire Bruce Mathieson is poised to lose tens of millions of ­dollars after his 21.5 per cent-owned Western Desert Resources became the highest-profile victim of the iron ore price slump so far, calling in ­administrators. …Former major Billabong shareholder […]

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Table Talk: Bob Ellis on Film and Theatre Monday, September 8, 2014 - 10:18 Source

Abbott described as ‘discreditable, squalid, sordid, miserable and over’ Peter Slipper, whose vote elected him Leader, when asked what he knew of Pyne’s and Brough’s attempt to gaol, in an act of treason, the second highest official in the land for crimes akin to groping young males in office hours. Pyne called a lie what was plainly the truth: that he promised Ashby would get a job and lawyers’ expenses if he brought down Slipper and put the Liberals one vote closer to power — and, after that, in power absolutely once they drove Craig Thomson to suicide.

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Table Talk: Bob Ellis on Film and Theatre Monday, September 8, 2014 - 10:05 Source

(First published by Independent Australia)

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Table Talk: Bob Ellis on Film and Theatre Monday, September 8, 2014 - 10:03 Source

(From Dali)

So, James Ashby approaches Liberal MP Wyatt Roy, to ask for help and advice about how to handle the sexual harassment he had received from then Parliamentary speaker Peter Slipper.

Then Roy introduces him to Christopher Pyne, who has drinks with him in the Speaker’s office, while the Speaker is downstairs doing his job, and Pyne offers to find him legal assistance which would be paid for and a job in state politics if he made a claim of sexual harassment against speaker of the House of Representatives Peter Slipper.

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MacroBusiness Monday, September 8, 2014 - 10:02 Source

By Leith van Onselen I had the privilege of attending the 123rd Annual Henry George Commemorative Dinner, hosted by Prosper Australia, which was held on Wednesday 3rd September 2014. This year’s dinner featured a compelling speech by Australian tax expert and economist, Professor John Freebairn, who tackled how to reform state taxes. In the speech, […]

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MacroBusiness Monday, September 8, 2014 - 10:01 Source

The recent Pasconomic appeal of Glenn Stevens to business that it needs to lift its confidence and invest more gets the treatment it deserves today from Incitec Pivot CEO James Fazzino: Incitec Pivot chief executive James Fazzino has slammed the nation’s lack of an energy policy as “a train wreck” and says companies are shunning […]

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xkcd.com Monday, September 8, 2014 - 10:00 Source

Officer suspended from horse.

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Popular Science Monday, September 8, 2014 - 09:47 Source

When it comes to treating cancer, all tumors are not created equal. Within every cancer type – whether it be in the bone or the breast – each patient has a unique set of mutations that cause their cells to be cancerous. That means therapies need to be personally tailored to each individual in order to be most effective.

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Popular Science Monday, September 8, 2014 - 09:47 Source

The first post in our "Remembering The Great War" series comes from the September 1914 issue of Popular Science, which is the first time the magazine discusses the war in Europe.

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Popular Science Monday, September 8, 2014 - 09:47 Source

The American Southwest may be headed for a “megadrought,” an arid period longer than any in recent memory.

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