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MacroBusiness Tuesday, April 18, 2017 - 00:14 Source

From Professor Rodney Tucker, of Melbourne University via Australian Journal of Telecommunications and Digital Technology: Introduction Australia performs poorly in global rankings of broadband download speeds (Smith, 2017).  NBN Co argues that the situation will improve (Dinham, 2017) as more customers connect to the fibre to the node (FTTN) and hybrid fibre coax (HFC) components of the

The post How Do-nothing Malcolm butchered the NBN appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 18, 2017 - 00:10 Source

By Leith van Onselen Remember late last month when the Turnbull Government committed low wages harakiri by warning the Fair Work Commission against a significant rise in the minimum wage, warning that an “excessive” pay rise could imperil job creation and making the idiotic comment that low-paid workers “are often found in high-income households”? Well it

The post Coalition issued voter warning on minimum wage appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 18, 2017 - 00:05 Source

Pretty much picking up where we left off. Spot thrashed with DCE futures down further overnight. SGX is in free fall as well. So is rebar. Chinese iron ore port stocks fell 950kt which is good, I guess, but we’ve wiped one third off the price and lost 1% of the inventory. We need to

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

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MacroBusiness Tuesday, April 18, 2017 - 00:04 Source

Easter witnessed a major Chinese data dump for March and Q1. Q1 GDP was excellent at 6.9%: March internals were even better with sizable rebounds in retail (10.6%), fixed-asset investment (9.2%) and industrial production up to 6.8%: Within key sectors, steel output in March was thumping along at 72mt, an all-time record: Cement is lower

The post Lock in the China slowdown appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 18, 2017 - 00:01 Source

Global Macro / Markets / Investing: Stunning drops in solar and wind costs turn global power market upside down – Think Progress Regulating Bitcoin: how new frameworks could be a catalyst for cryptocurrencies – The Telegraph This is one of the most devastating reports we’ve seen for the future of Wall Street stock pickers – Business Insider OPEC

The post Links 18 April 2017 appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, April 17, 2017 - 16:00 Source

This morning I read this tweet from Fairfax journo Ross Gittins: My first thought was, a new kind of human being has emerged. One without empathy. This is why we don’t care anymore. Our species is devolving. For someone who only yesterday re-watched Luchino Visconti’s The Damned, my first thought rather remarkably disregarded  history. Visconti’s film…

The post The Damned appeared first on The AIM Network.

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We are all dead. Monday, April 17, 2017 - 14:17 Source

Hi! I used to write this blog about Australian public policy. Work reasons mean I can’t write publicly about this topic anymore, so I’m chanelling my enthusiasm for graphs and statistical analysis to my new blog on Australian football. Have a look at The Arc!

You can sign up for The Arc’s newsletter in the sidebar of the site, or follow the site on Twitter.

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The Australian Independent Media Network Monday, April 17, 2017 - 14:16 Source

There is great value in maintaining a national broadcaster that is publicly owned and funded, politically independent and fully accountable. Public ownership brings a distinct difference to the broadcasting system, with national broadcasters required and able to provide comprehensive, innovative programs not influenced by commercial imperatives. But it seems the government’s appointees to the board…

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En Passant Monday, April 17, 2017 - 13:32 Source


(Image via facebook.com/homelessness.australia)

The Turnbull Government’s latest band-aid measures will do little to address housing affordability and nothing at all for Australia’s homeless, says John Passant in Independent Australia.

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The Australian Independent Media Network Monday, April 17, 2017 - 11:32 Source

You’ll notice in the video, Mr Turnbull making his position on penalty rates very… ah, clear. Well, that is to say…ah, we’re in no doubt that he supports…flexibility.Turnbull on penalty rates And we can sure of his support for flexibility because if there’s one thing we can say about his time as PM, it’s how…

The post Turnbull And Flexibility appeared first on The AIM Network.

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WixxyLeaks Monday, April 17, 2017 - 11:12 Source

Last weekend was Easter weekend, a weekend that many believe a bearded Middle Eastern man died for our sins thousands of years ago.

However I don’t want to talk about religion today, I want to talk about a death this Easter that is already being shrugged off by far too many. A death that was for the sake of entertainment.

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The Melbourne Urbanist Monday, April 17, 2017 - 10:52 Source

Guest writer Dr Garry Glazebrook describes what a comprehensive plan for a metro rail network supported by feeder light rail services in Western Sydney should look like Western Sydney: proposed metro/light rail network

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xkcd.com Monday, April 17, 2017 - 10:00 Source

Really, the only honest 24-hour stores are the ones in places like Arizona and Hawaii, and many of them are still wrong in certain years.

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The Australian Independent Media Network Sunday, April 16, 2017 - 22:27 Source

The Donald follows rave reviews of his hugely popular Syrian bombing this week by trashing his “America First” isolationist foreign policy. “Just a jump to the left then a step to the right” continues his recent Time Warp homage and conveys all the chaos and conflict of the Trump team’s horror show domestic policy on…

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En Passant Sunday, April 16, 2017 - 21:28 Source

I went past my old school today
Saint John Vianney is its name
On that first day
59 years ago,
I ran away
I should have kept going

I remember the beatings, of others mainly
The angry nuns, the shouting
The fear of God,
Beaten in, always beaten in
With stories and the rod

I remember the football exploits
The athletics
My proud achievements
But not the reading, the writing
The numbers that I learnt
Times tables drummed in
Like everything
It hurt

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