Blogotariat

Oz Blog News Commentary
Inside Story Monday, December 18, 2017 - 10:55 Source

To be honest, my introduction to Mary Beard came not through her many books and articles but via the television screen. It was 2012 and Professor Beard had invited me and an audience of millions to join her on a tour of Ancient Rome. Picture it. Here was an “expert,” a Cambridge don, riding her rickety bike through the crazy traffic of the Italian capital, her long grey hair flowing free behind her like some ageing hippie’s.

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MacroBusiness Monday, December 18, 2017 - 10:50 Source

By Leith van Onselen In this year’s Federal Budget, the Coalition promised to impose a levy of up to $1,800 per annum on companies for each worker they employ on a temporary skilled visa. The measure is aimed at raising some $1.2 billion over four years, with the money to be used on skills training.

The post Employer group bawls over modest temporary skilled visa levy appeared first on MacroBusiness.

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Renew Economy Monday, December 18, 2017 - 10:40 Source

The new appointments bring experience and skills in finance and investment, energy markets and corporate governance skills and add to the geographical diversity to the Board.

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Renew Economy Monday, December 18, 2017 - 10:40 Source

The new appointments bring experience and skills in finance and investment, energy markets and corporate governance skills and add to the geographical diversity to the Board.

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Harrangue Man Monday, December 18, 2017 - 10:33 Source

Gotham City, DC comics United States: Insane clown-themed criminal "The Joker" sent the vat of acid that caused his hideous transformation a Christmas card, Arkham Insane Asylum sources report.The Joker's card expressed fond seasonal wishes to the vat and wished that it and its family all the best for the coming the holiday season."It's not unusual for our prisoners to send cards to inanimate objects.

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John Quiggin Monday, December 18, 2017 - 10:29 Source

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.

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John Quiggin Monday, December 18, 2017 - 10:28 Source

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.

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MacroBusiness Monday, December 18, 2017 - 10:10 Source

By Leith van Onselen Over the past year or so, reports have emerged documenting the billions in taxpayer funds that have flowed to consultants. In September 2016, Michael West reported how the Big Four accounting firms had taken corporate welfare to an extraordinary level, earning up at least $2.6 billion in fees from the Australian

The post Auditor-General: Consultants taking taxpayers to the cleaners appeared first on MacroBusiness.

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Renew Economy Monday, December 18, 2017 - 09:34 Source

The 110MW Wemen Solar Farm in Victoria and the 89MW Clermont Solar Farm in Queensland reached financial close yesterday, and will commence construction in January 2018.

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MacroBusiness Monday, December 18, 2017 - 09:32 Source

From Standard and Poors: MELBOURNE (S&P Global Ratings) Dec. 18, 2017 — Delinquent housing loans underlying Australian prime residential mortgage-backed securities (RMBS) fell to 1.04% in October from 1.08% in September, according to a recent report by S&P Global Ratings. We attribute part of the decline to a rise in outstanding loan balances during the

The post S&P: Home loan arrears fell in October appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, December 18, 2017 - 09:19 Source

In light of the findings of the Royal Commission into Institutional Responses to Child Sex Abuse, the worst offender, the Catholic Church, has immediately hunkered down, absolutely refusing to even consider the recommendations that they reconsider some of their canon laws as they have been a contributing factor to the ongoing abuse of children. They…

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MacroBusiness Monday, December 18, 2017 - 09:00 Source

By Chris Becker  It’s effectively the last week of the trading year, so that means the last Trading Week wrap up for the calendar year. Its been a big year of risk taking – otherwise know as central bank supported buying of risk assets for almost no risk to capital – with the major catalyst

The post Macro Morning (Trading Week) appeared first on MacroBusiness.

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MacroBusiness Monday, December 18, 2017 - 08:30 Source

By Leith van Onselen Last month, the Australian Taxation Office (ATO) undertook action against 19 multinational corporations implicated for tax avoidance after 13.4 million records from Bermudan law firm Appleby were leaked to the international press (dubbed the “Paradise Papers”). And later in November, it was revealed that the ATO’s action on multinational tax avoidance

The post ATO tightens clamp on multinational related-party debt appeared first on MacroBusiness.

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MacroBusiness Monday, December 18, 2017 - 07:41 Source

By Leith van Onselen Another week, another disastrous Newspoll for Do-Nothing Malcolm, with the Coalition still trailing Labor 53-47 on a two-party preferred basis, with cost-of-living concerns still front-and-centre. From The Australian: Cost of living is set to become the critical political contest in 2018, with Malcolm Turnbull and Bill Shorten locked in a neck-and-neck

The post Will Turnbull do what is needed to turn the polls around? appeared first on MacroBusiness.

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Core Econ Monday, December 18, 2017 - 05:02 Source

Lemonade Inc., the New York based fintech startup that sells renters and home insurance has been in the news recently; it has raised tens of millions in venture capital  and has also raised considerable interest in the top echelons of corporate Australia. I know because I was asked to reflect on it as part of a workshop on behavioral economics/behavioral science that I conducted a couple of months ago.

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