Blogotariat

Oz Blog News Commentary
MacroBusiness Tuesday, April 11, 2017 - 00:20 Source

By Leith van Onselen In recent weeks, the ABC has displayed shocking bias in the immigration debate. In late March, ABC Lateline aired a half-hour segment on housing affordability, which failed to even mention mass immigration’s key role in driving up housing demand and prices in Sydney and Melbourne, despite me cutting a monologue on this

The post ABC turns immigration and housing spruiker appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 11, 2017 - 00:15 Source

As the worst government in living memory puts the final touches on its centerpiece budget, it is about to mugged by reality. UBS today offers a nice take on what’s looked for today: A modest ~$10bn better fiscal profile, helped by better commods & profits Treasurer Morrison brings down the 17/18 Commonwealth Budget on May

The post Australia’s Budget nightmare is about to return appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 11, 2017 - 00:06 Source

Via Macquarie today: Event  BHP has received a proposal from activist shareholder, Elliott Associates, to restructure the company. The core parts of Elliott’s “Value Unlock Plan” are 1) Collapsing the DLC structure, 2) Demerging and listing the Petroleum business on the NYSE, and 3) Returning cash to shareholders by increasing off-market buy-backs and unlocking

The post Will BHP give up its Australian stupidity premium? appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 11, 2017 - 00:05 Source

Spot down. DCE paper fell further again last night but managed to rebound. Coking coal futures were smashed. Thermal spot too. Steel has rolled. We’re into full ferrous complex deflation now. As said yesterday, throughout the Q1 blow-off, markets and media under-estimated how important temporary factors were in the price jump. The two most important

The post Daily iron ore price update (ferrous complex deflation) appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 11, 2017 - 00:01 Source

Global Macro / Markets / Investing: The Utter Uselessness of Job Interviews – NY Times A Foreign Threat to U.S. Treasuries That Dwarfs Fed’s Debt Hoard – Bloomberg Robots and jobs: Evidence from the US – VOX How Goldman Sachs Made More Than $1 Billion With Your Credit Score – WSJ There’s a Big Reason Volatility Might Be Coming

The post Links 11 April 2016 appeared first on MacroBusiness.

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Antony Green's Election Blog Monday, April 10, 2017 - 18:57 Source

Reforming the South Australian Legislative Council Electoral System (Part 1) - Why Sainte-Laguë has Faded as an Option

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Renew Economy Monday, April 10, 2017 - 18:41 Source

ENGIE Executive Vice President has signed eight agreements to develop sustainable and clean energy solutions, in line with the Group’s strategy.

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MacroBusiness Monday, April 10, 2017 - 17:39 Source

by Chris Becker   It was a case of Asia sweeping aside any weekend macro troubles plus the less than cheerful Friday night NFP print as both the Japanese Yen and Korean Won slipped against the USD, buoying local shares. In China, it wasn’t so sanguine with the Shanghai Composite closing down 0.5% to 3269 points as it

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, April 10, 2017 - 15:38 Source

Today I learnt a valuable lesson about overeating. It is definitely a lesson I should NOT have had to learn (as in, I should already know better), but I’m very glad I did. I had been at St. Vincent’s Hospital this morning for part of a pain management assessment. On the way home I stopped…

The post Accidental Overeating is SO Easy appeared first on The AIM Network.

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Renew Economy Monday, April 10, 2017 - 14:53 Source

Bosch and Daimler are working together to take the development of fully automated, driverless vehicles forward.

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Renew Economy Monday, April 10, 2017 - 14:41 Source

New data shows that for a couple of hours on Sunday, wind and solar were about 15/16 of South Australian demand and something like 70% of the total over the day.

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MacroBusiness Monday, April 10, 2017 - 13:58 Source

By Leith van Onselen The Centrelink robo-debt fiasco is one of the bigger examples of Budget mis-management under this Coalition Government. Treasurer Scott Morrison promised Australians that Centrelink’s new data matching software would deliver more “accurate and appropriate income testing” by substituting manual checking of data for a computerised algorithm. It would also supposedly “cut

The post Ombudsman: Centrelink’s robo-debt system failed appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, April 10, 2017 - 13:47 Source

By Ric Testori With the Australian Federal Budget coming in a month or so, what can we expect from our government and opposition parties which are both fully committed to the false neo-liberal concepts of fighting budget deficits and accepting unnecessarily high levels of unemployment/underemployment? My answer is “Not much”. At the same time, I…

The post What’s up, GetUp? appeared first on The AIM Network.

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Renew Economy Monday, April 10, 2017 - 13:47 Source

University of Texas team develops low-cost, high energy density, non-combustible battery that could be game-changer for EV uptake.

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MacroBusiness Monday, April 10, 2017 - 13:46 Source

Gosh it’s amusing, from the geniuses at Moody’s: » Australia’s regional housing markets remain divergent but are expected to cool from 2018 onwards. Detached housing values across the capital cities are forecast to increase 5.6% in 2017. » Sydney’s strong local economy is boosting housing activity, but this will slow in 2017. Detached housing values

The post Moody’s forecasts permanent high plateau for house prices appeared first on MacroBusiness.

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