Our Bill has donned the hard hat: Labor is promising to help embattled manufacturers by establishing a $1 billion loan fund to help the sector modernise factories and move into high value production. In a speech to the South Australian Labor conference on Saturday, Opposition Leader Bill Shorten said he would commit to creating an Australian Manufacturing
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Iron ore price charts for October 9, 2017: Tianjin prices jumped 4.5% back to $60. Paper went higher still overnight. Coking coal is slowing. Steel futures went nutso! The cause of the excitement was Chinese trade data which really did impress with iron ore imports soaring to 102.8mt, highest ever by some margin: However, at
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From the North Korean official news agency, KCNA: A spokesman for the Foreign Ministry of the Democratic People’s Republic of Korea gave the following answer to a question raised by KCNA on Saturday as regards Australia’s frantic engagement in the hostile acts of the U.S. against the DPRK: Lately, Australia is showing dangerous moves of
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Global Macro / Markets / Investing: Why 2017 will go down as the beginning of the end of the internal combustion engine – Washington Post World Bank President: Everyone Is Excited About Blockchain – Coin Desk How Neoliberals weaponise the concept of an ideal market – Mainly Macro Why James Dimon and Larry Fink Aren’t
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The first Newspoll result from The Australian in three weeks has Labor’s two-party lead unchanged at 54-46, from primary votes of Coalition 36% (steady), Labor 37% (down one), Greens 10% (up one) and One Nation 9% (up one).
“It is hardly necessary to say that the court is aware of the need to give its answers to these references with or without reasons as soon as possible,” declares High Court Chief Justice Susan Kiefel, Friday. Kiefel is slapping down brash Matt Canavan’s barrister, David Bennett QC, whose client has changed his story several…
Farewell young man – a poem prompted by the death of a young Aboriginal man in Kalgoorlie in August 2016.
In the blacklight dark
That is my country
White men suit
Themselves to rule
Shining in their world
Of fading fools
While young boys lie
Hooded in our prisons
And boys on bikes die
From driving knife hands
No one asks why
They ‘understand’
Japanese prime minister Shinzo Abe this month took the unusual step of calling a snap election on the eve of a new session of the Diet. Opposition MPs had been eagerly awaiting the chance to pursue allegations of influence peddling by Abe and his wife. Instead, the lower house was dissolved, and voters will go to the polls a year early, on 22 October.
We should not go pass this perfect explanation why Hillary lost the vote to the Dumb One.
This excellent social study, published in Mad Magazine more than 42 years ago, using the movie Hairspray as a background to its research, is still a perfect demonstration on how the Yankee mind works: rob everyone, fuck everyone but stand at attention when the US flag is raised on a flag pole.
I’ve previously commented that Brian Howe was the great, quiet achiever of the Hawke/Keating years, who then turned around out of office and, rather than burnish his own reputation, got right on with the business playing a major role in getting up the NDIS.
As a weary electorate approaches yet another holiday season, looks back over the year and asks: ‘How has our federal government improved life for ordinary Aussies’, the answer is depressing.
Paul Krugman's Friday night music: moron edition
Amongst credible economists and political leaders (so, not including Malcolm Turnbull and Scott Morrison), it is universally accepted that Australia, like most other developed economies, has a wealth and income inequality problem. There are books and essays being written and read every minute about why this problem exists, but let me simplify in the words…
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Let’s start with a little quote from Andrew Bolt circa 2009: “What I want is for people, it’s the emperor’s new clothes thing. I want people to see that the emperor has new clothes. If Tim Flannery can go on the ABC TV and say, whoops the theory isn’t working, the world is not warming,…
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