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MacroBusiness Friday, April 28, 2017 - 10:56 Source

From Chris Joye today: So Sydney house prices have fallen in April for the first time on a month-on-month basis since December 2015, validating last week’s call that the easy-money fuelled Aussie housing boom is grinding to a halt. According to CoreLogic’s daily hedonic index—the only measure that tracks price movements on a timely basis—home values across

The post Joye: Housing bubble “grinding to a halt” appeared first on MacroBusiness.

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MacroBusiness Friday, April 28, 2017 - 10:51 Source

By Leith van Onselen The New Zealand National Government’s single-minded focus on solving Auckland’s housing crisis by boosting supply continues to take a hammering. Today, Statistics New Zealand released figures showing that construction momentum has slowed across Auckland, with just 942 dwelling consents issued in March and 10,199 issued over the year: As noted by

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Popular Science Friday, April 28, 2017 - 10:50 Source

Our smartphones and other gadgets are powered by lithium-ion batteries, but as companies like Samsung know all too well, those charge-holders can be flammable under the wrong conditions. The hazards of lithium-ion batteries are also a concern for another group, one with a strong incentive to keep fires at bay: the U.S. Navy. Now chemists at the U.S. Naval Research Laboratory (NLR) have announced a new battery technology that they say is both safe and rechargeable, and could make its way into electric vehicles, bikes, or ships.

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Popular Science Friday, April 28, 2017 - 10:50 Source

It's not clear why dogs look at us when they poop, but it's possible they're trying to make sure you're on the lookout while they're in a vulnerable position. So stop watching them poop and keep guard!

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Popular Science Friday, April 28, 2017 - 10:50 Source

A little over 508 million years ago, long before some brilliant mind came up with the idea of cramming food into metal cans, a creature was cruising the ocean floor with claws like can openers.

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Popular Science Friday, April 28, 2017 - 10:50 Source

NASA's 20-year Cassini mission is finally coming to a close. After years of orbiting around the Saturn system and collecting some stellar scientific data, the spacecraft is on a path of certain destruction: on Sunday, the probe officially began the last leg of its mission, which will eventually bring it so close to Saturn that the planet's gravity will drag it down and burn it to vapour.

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Popular Science Friday, April 28, 2017 - 10:50 Source

The Type 001A aircraft carrier, maneuvered to pierside by tugboats, will be fitted for the next or so with electronics and self defense systems, before being commissioned, followed by embarking an air group, to get up to speed in order to enter service.

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Popular Science Friday, April 28, 2017 - 10:50 Source

If you think building a house on Earth is hard, try building one on Mars. Every pound of material that we ship to the red planet will cost thousands of dollars, so scientists want to construct our future martian colonies out of locally sourced materials—namely, martian dirt. But that's more difficult than it sounds.

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Popular Science Friday, April 28, 2017 - 10:50 Source

Melting from glaciers and permafrost was not kind to the large animals of the last Ice Age. The persistent moisture turned grasslands into peatlands and bogs, a less than ideal habitat for huge grazers. As their world grew wetter, many of these megafaunal animals across Eurasia and the Americas became extinct.

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Popular Science Friday, April 28, 2017 - 10:50 Source

A pill to lift you out of your post-breakup doldrums sounds too good to be true. Come on, one pill to feel better almost instantly about your broken heart? And you're right—it's actually a nasal spray.

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xkcd.com Friday, April 28, 2017 - 10:00 Source

Most people don't realize it, but they actually launch a new space station every few weeks because this keeps happening.

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MacroBusiness Friday, April 28, 2017 - 09:54 Source

By Leith van Onselen ABC’s 7.30 Report last night ran an interesting segment examining Treasurer Scott Morrison’s proposed change in Budget reporting to separate “good” debt from “bad” debt. The segment did a good job of highlighting the flaws in Morrison’s approach: ANDREW PROBYN: So what does the Government mean by “good” debt, as opposed

The post ABC does Morrison’s “good debt, bad debt” Budget fiddle appeared first on MacroBusiness.

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MacroBusiness Friday, April 28, 2017 - 09:51 Source

Via The Australian: A recent uptick in unemployment isn’t a sign of emerging weakness in the economy, according to a policy setter at the Reserve Bank of Australia, in comments likely to strengthen the view that the bank’s next move will be to eventually raise rates. “These latest figures [for March] are an encouraging sign

The post RBA trades Mr Rainbow for….Mr Rainbow 2.0 appeared first on MacroBusiness.

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MacroBusiness Friday, April 28, 2017 - 09:39 Source

From the excellent CS team today: In Aesop’s fable, The Father and His Two Daughters, a father asks his two married daughters what they wish for. One, married to a gardener, wishes only for rain. The other, married to a tile-maker, wishes only for sun. The father of course is stuck in the middle, with

The post Credit Suisse probes Do-something Malcolm’s gas solution appeared first on MacroBusiness.

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MacroBusiness Friday, April 28, 2017 - 09:37 Source

By Leith van Onselen Who forms government in New Zealand following the 23 September General Election could be decided by anti-immigration party, New Zealand First, according to the latest polling by Roy Morgan Research: In April support for New Zealand First was up 3% to 10.5% putting Winston Peters’ party now clearly in the box

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