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MacroBusiness Wednesday, March 12, 2014 - 08:59 Source

From the FT today, the head of the UN Intergovernmental Panel on Climate Change (IPCC) Rajendra Pachauri says: “We will have to work much harder to win this battle now than we would have been required to do 10 or 15 years ago…The challenge is daunting but I don’t for a moment feel pessimistic,” he said, [...]

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MacroBusiness Wednesday, March 12, 2014 - 08:38 Source

By Leith van Onselen In a speech yesterday at the Australian National University, former Australian Treasury secretary, Dr Ken Henry, and former Liberal leader, John Hewson, warned of a looming “crisis” in Australia’s taxation system unless there was widespread reform. From The AFR: “There will be a day of reckoning”. …we are getting closer to [...]

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MacroBusiness Wednesday, March 12, 2014 - 08:35 Source

Cross-posted from The Conversation. Apple, famous for its innovative products, is equally creative in its tax structure. From 2009 to 2012, it successfully sheltered US$44 billion from being taxed anywhere in the world, including sales generated in Australia. While there are probably some sound reasons for Apple’s CEO, Tim Cook, to claim in a US congressional hearing [...]

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Hoyden About Town Wednesday, March 12, 2014 - 08:20 Source

There are the beginnings of a promising SFF fandom TOD developing over at Scalzi's joint, for those who have spare popcorn lying around.
Related posts:
DCI Peter Fox calls for Royal Commission into paedophilia within the Catholic Church
Catholic...

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MacroBusiness Wednesday, March 12, 2014 - 07:47 Source

Here are the iron ore charts for March 11, 2014: So, some stability in physical markets and swap but none yet for Dalian and rebar futures. Are we at the bottom of the move then? Traders talking to Reuters don’t think so, but the miners disagree: Chinese steel mills and traders holding iron ore as [...]

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The Australian Independent Media Network Wednesday, March 12, 2014 - 07:12 Source

march in march

What is that incites normal everyday citizens to protest? To rally as a grass roots organisation and March across the nation saying:

“Let disgust be your compass”.

After all it is estimated that only 15% of Australians have ever protested. Has the Abbott Government been so poor so harmful as to merit a grass roots uprising.

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MacroBusiness Wednesday, March 12, 2014 - 07:02 Source

Copper broke through its three year support line last night falling 2.5%: Oil is also looking toppy down, 1.3% on the night: In an absence of substantial data in the US, that was enough to spook markets about Chinese growth prospects. The S&P500 fell half of one percent and bonds were bid with yields down [...]

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MacroBusiness Wednesday, March 12, 2014 - 06:29 Source

The AFR has a nice scoop this morning of Chinese authorities directly targeting steel mills via tight credit: Chinese authorities plan to cut off credit to inefficient steel mills and force some to close, raising the prospect of weaker demand for iron ore this year. …the chairman of the China Banking Regulatory Commission, Shang Fulin, [...]

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MacroBusiness Wednesday, March 12, 2014 - 03:52 Source

Fresh from Roy Morgan: If a Federal Election were held today it would result in an ALP victory – two-party preferred support is ALP 53.5% (up 3% since the Morgan Poll of February  15/16 & 22/23, 2014) cf. L-NP 46.5% (down 3%) according to the Morgan Poll. This multi-mode Morgan Poll on voting intention was conducted over the last two weekends [...]

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Peter Garcia-Webb Wednesday, March 12, 2014 - 02:26 Source

A week ago US House of Reps, heavily influenced by the Jewish lobby, passed a bill designating a country as a major strategic partner for the first time ever. That country is Israel. It passed 410 to 1 with 28 abstentions. The all powerful Jewish lobby group AIPAC (the American Israel Public Affairs Committee) had been working on persuading members of the House of Representatives to formulate and pass this bill for most of 2013. The bill has yet to go to the Senate, but given that the vast majority of Democrats in the House voted for the bill, it […]

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Popular Science Wednesday, March 12, 2014 - 01:40 Source

One of the scientists involved in two milestone stem cell papers now wants to withdraw the papers.

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MacroBusiness Wednesday, March 12, 2014 - 01:02 Source

Global Macro / Markets: Emerging Market Nightmare? – House of Debt North America: BLS: 4 Million Jobs Openings in January – Calculated Risk Why is it so expensive to build a bridge in America? – The Week My Life as a Retail Worker: Nasty, Brutish, and Cheap – The Atlantic Europe: The spectre of eurozone [...]

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North Coast Voices Wednesday, March 12, 2014 - 00:16 Source
ABC News: At the campaign launch in South Perth on 11 March 2014
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North Coast Voices Wednesday, March 12, 2014 - 00:15 Source
As Abbott and Co continue to lay waste to democratic processes, socio-economic policy, access and equity – readers might like to take this test to see if they have been contaminated with the far-right berserker virus:  http://australia.isidewith.com/political-quiz.
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Your Democracy Tuesday, March 11, 2014 - 23:37 Source

(Published in full, the poem I wrote for that Petition last week)

As World War Two came to an end, those who'd lost Loved One and Friend

Petitioned Woodville Council that they set aside land

A place In Living Memory, the love for their Dead for all to see

read more

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Politically homeless Tuesday, March 11, 2014 - 22:35 Source

The Liberal Party and the ALP are the two political parties with experience in governing Western Australia. In the same way that the ALP had systematically failed in governing NSW, we can now say that the Liberal Party has failed systematically in governing WA, and that this cannot be remedied by working it through or even making piecemeal changes. Politics happens at the interface between the individual and wider society. The WA Liberals have failed at that interface, and on either side of it.It is easy to laugh at Troy Buswell, an adolescent man whose behaviours toward women, alcohol, and property should have been better than they were.

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Political Owl Tuesday, March 11, 2014 - 22:19 Source
International climate models surveyed by the Australian Bureau of Meteorology indicate that warming of the tropical Pacific is likely in the coming months, with most models showing temperatures approaching or exceeding El Niño thresholds during the austral winter. In its latest review of the El Niño–Southern Oscillation (ENSO) released todaythe Bureau said that while current conditions remained neutral – neither El Niño nor La Niña, “recent observations indicate that warming of the tropical Pacific is occurring.”
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En Passant Tuesday, March 11, 2014 - 22:04 Source

Who killed Reza Berati?

Let’s make this brilliant Phil Monsour song number one in Australia.

 

Australians outraged ... protests have continued after Reza Berati was killed on Manus Is

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Political Owl Tuesday, March 11, 2014 - 21:29 Source
2014-03-11_catcherintherye
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En Passant Tuesday, March 11, 2014 - 20:33 Source

The other day I wrote on Facebook ‘Evidently Sarah Palin gets paid $300,000 to address Republican conventions. I am in the wrong game. I too could sprout shit for half that price.’

One of my now ex-comrades wrote in response: ‘But John, you are already brilliant at sprouting shit for free!’ Another liked it, as did I.

So I have decided to launch a new campaign: Sprouting shit for almost nothing.

You can prove my 2 ex-comrades wrong by donating to my blog En Passant at BSB: 062914 Account: 1067 5257, the Commonwealth Bank in Tuggeranong, ACT.

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Croakey Tuesday, March 11, 2014 - 19:24 Source

Journalist Sean Parnell -  health and freedom of information editor at The Australian – recently wrote a very personal piece about having depression. In it, he describes its onset and impact and how, with the support of family and health...

Read more on the blog...

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Tuesday, March 11, 2014 - 17:25 Source

Australia will wait to see what New Zealand comes up with for its new flag, and then adopt it itself, just with different coloured stars. The news comes after New Zealand Prime Minster John Key today announced plans for a referendum to change his country’s flag. While many Australians have always wanted to get rid […]

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En Passant Tuesday, March 11, 2014 - 16:57 Source

Marcha en Maracaibo - Venezuela

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Delimiter Tuesday, March 11, 2014 - 16:53 Source

We can't help but suspect that the telco considers itself to have gotten off relatively scot-free from the debacle, paying an infringement notice of only $10,200 in relation to its contravention of an earlier direction on the issue by the Australian Communications and Media Authority.

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Delimiter Tuesday, March 11, 2014 - 16:35 Source

The New South Wales State Government has followed through on its proposal to outsource key functions of state shared services agency ServiceFirst, inviting the private sector to provide options for the group's future in a move reminiscent of a similar approach taken by the Victorian Government to its IT shared services agency CenITex.

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Hoyden About Town Tuesday, March 11, 2014 - 16:28 Source

Health lawyer Julie Hamblin opposes fetal personhood in NSW on the grounds that even limited recognition of fetal personhood, combined with the legal grey area of abortion access, would to allow someone to challenge access to abortion in...

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MacroBusiness Tuesday, March 11, 2014 - 16:15 Source

  Chris Weston, Chief Market Strategist at IG Markets For the first time in sometime traders are choosing to focus much more intently on their local economies. Asia is focusing predominantly on Asian issues, while Europe keeps a closer watch on developments in the Ukraine, and the US on the narrative from various Fed members. [...]

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MacroBusiness Tuesday, March 11, 2014 - 15:47 Source

Major iron ore stocks are still levitating today with FMG down half a percent and RIO up half. This is despite further falls in Chinese paper markets for rebar futures almost down 1% and Dalian futures down almost 2%. Here’s my updated index chart of the relative performance of the price and shares: Oodles of [...]

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Table Talk: Bob Ellis on Film and Theatre Tuesday, March 11, 2014 - 15:44 Source

After seeing Sport For Jove’s Twelfth Night, and writing about it, fairly well I thought, it occurred to me there is no good writing about theatre in print any more, in the main because of the space limits of three hundred words or less when a thousand are needed.

It occurred to me then that there is no space limit online, nor no reason why several people could not review the same show in whatever space it takes, online.

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MacroBusiness Tuesday, March 11, 2014 - 15:41 Source

Fresh from Phat: The CISA has just released January output, sales and inventory data for China’s large and medium sized steel enterprises. As recently as November China’s steel industry was in essential balance, with inventories, output and sales rising at similar rates. Not anymore. The attached chart tells the story. Steel sales have decelerated to [...]

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