I know what it is like to kick the earth, or at least a piece of wood. I thought my toe would never recover. I looked around, of course, for someone to blame and there were two dogs pulling on the lead. I bit my tongue in the metaphoric sense, and kept walking.
The reference of the title is to the lyrics in the song by Redgum, “I was only 19”:
Frankie kicked a mine, the day that mankind kicked the moon,
God help me he was going home in June.”
The Sydney-Melbourne rivalry has been a century in the making. In the 26 years after Australia’s Federation in 1901, the Commonwealth Government was temporarily housed in Melbourne. But after intense competition between the two cities for national-capital status, Canberra had to be built as a compromise to quell both cities. Since then, snide barbs have
The post Mid-Year Special Report: Sydney vs Melbourne battle of the bubbles redux appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The MSM bank protection racket is in full swing, at the AFR: London-based investors have warned National Australia Bank chief executive Andrew Thorburn that they consider Australia a less stable and less consistent economy for investment after the South Australian budget hit the big four banks and Macquarie with a surprise $370 million tax. Speaking
The post The politico-housing complex devours itself appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
CoreLogic released its auction report yesterday, which revealed a further softening in the national auction clearance rate to 69.1% from 69.6% last weekend, but was still above the 64.4% recorded in the same weekend last year: Auction volumes nationally were 2,323 – above the 2,218 recorded in the same weekend last year. As shown above,
The post Auction clearances retrace some more appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
It doesn’t matter what political stripe the NSW government of the day is - the issue of homelessness is rarely addressed in a positive fashion.One only has to consult the National Library of Australia and Trove digital newspaper records to see that homelessness and Sydney have gone hand in hand since the city was established.
By Leith van Onselen Let’s recall Michael Pascoe’s article on Friday whereby he basically labelled those of us seeking a more moderate immigration intake – commensurate with Australia’s first 100 years after Federation – as racist simpletons: A little after Friday lunch, the population clock on the Australian Bureau of Statistics web site will tick
The post Pascoe two-faced on mass immigration appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
“Collaborating with government.
Not before time: CPA Australia’s controversial chief executive Alex Malley has been sacked, effective immediately. CPA’s board released a statement late on Friday evening announcing the decision, and that Mr Malley will receive termination benefits of $4.9 million. “Alex’s legacy is an organisation with a global footprint and an ambitious outlook,” president Jim Dickson said.
The post Naked CEO gets the golden arse appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Iron ore price charts for June 23, 2017: Spot firmed. Paper faded. Steel has not updated. CISA steel output launched early June 5.4% to 1.86mt, indicating still good demand. In news, Roy Hill is struggling: Roy Hill is expecting to complete about 16 million tonnes of iron ore shipments in the first half of 2017,
The post Daily iron ore price update (firm) appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
RBC thinks so: I Further build the case for a tactical factor-reversal trade (1-3 month scope), where on account of a number of ‘higher rates’ macro catalysts and quant seasonality trends, I see scope for ‘Value’ and ‘Size’ to reverse their recent underperformance relative to ‘Anti-Beta,’ ‘Growth’ and ‘Momentum.’ The latest data-point strengthening my view
The post Is China stimulating again? appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Global Macro / Markets / Investing: The Real Threat of Artificial Intelligence – NY Times Is Exchange Income a New Target for Short Sellers? – Barron’s The unique map that reveals the entire planet’s urban footprint – Technology Review Markets set to fall after years of artificial support – The Times Stock Picking Is Dying
The post Links 26 June 2017 appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Corks pop and peals of laughter ring out over the disco beat of a ghetto-blaster cranking out a Donna Summer number from Liberal offices deep inside Parliament House, safe from the world outside and Canberra’s winter frost. She works hard for the money, MPs sing along with Donna. It’s 2:00am Friday before MPs can celebrate…
Senator Hanson recently implied that children on the autistic spectrum should be shunted off to ‘special schools’. However Hanson wants to spin it, she said These kids have a right to an education, by all means, but, if there are a number of them, these children should go into a special classroom and be looked…
The post She said what! appeared first on The AIM Network.
I’ll be talking to the Fabian Society in Melbourne on Wednesday night, looking at the failure of neoliberalism and options for a new “New Deal”.
Over the past couple of years, I’ve been doing a bit of reading on gamification. For those of you who don’t know, gamification is using game mechanics to motivate people to work harder or to buy your product. I’m tempted to say things like leaderboards, points, etc, but I know that at least a couple…
The post It’s Not A Game! Or Maybe It Is… appeared first on The AIM Network.