Blogotariat

Oz Blog News Commentary
politicalowl Friday, April 20, 2018 - 12:33 Source

Grattan on Friday: Government's misjudgement on banking royal commission comes back to bite it File 20180419 163991 1y4wm8w.jpg?ixlib=rb 1.1 In light of what is coming out the government should be ashamed of its past performance.

Read more Views: 3
Renew Economy Friday, April 20, 2018 - 12:26 Source

New IEA report reveals a striking resemblance between the path electric vehicle penetration is currently on, and the path solar PV has been charting.

Read more Views: 2
The Australian Independent Media Network Friday, April 20, 2018 - 12:15 Source

In a time when such revelations as those of Edward Snowden pass a person’s lips with ease and awareness, political clamouring for action and measures against Russia on the subject of cyber attack seem risible. This is not to say that Russia does not engage in an energetic, state of the art program of surveillance…

The post Clamouring against Russia: The Cyber Attack Platform appeared first on The AIM Network.

Read more Views: 3
MacroBusiness Friday, April 20, 2018 - 11:53 Source

AUD is down during the morning: Aussie yields are too as bonds back away from a crazy break out: XJO is off modestly: The Dalian bear market rally is still firmish: Big Iron is off a bit. FMG has recaptured $4.50 but its larger bearish pattern is well intact: Big Gas is strong: Big Gold

The post Record lows for McGrathmageddon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 6
politicalowl Friday, April 20, 2018 - 11:45 Source

A Higher Sanctimony - The Wall Street Journal, USA

Read more Views: 7
Harrangue Man Friday, April 20, 2018 - 11:44 Source

I have a body that's best described as "a fat hairy cherub that grew up".That was not lost on me as I did a wee outside, one foot raised because it was sore and copied the pose you sometimes see on a water fountain cherub statue that is pissing out the water.I'd like to see that; an aged-out adult cherub with a pained expression as he blasts forth a tepid dribble.Take that, fountains! (shakes fist)

Read more Views: 5
MacroBusiness Friday, April 20, 2018 - 11:30 Source

Via the ABC: AMP’s chief executive officer Craig Meller has quit his job with immediate effect after a series of scandals were revealed at the banking royal commission. The resignation was accompanied by an unreserved apology from AMP to its customers. More heads will roll. My question is should the Treasurer Scott Morrison also resign?

The post Should Scott Morrison resign over royal commission? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 7
Renew Economy Friday, April 20, 2018 - 11:24 Source

We need more focus on e-bikes and low speed EVs. My dream is a fold-up e-scooter with an integrated bag so it can become a wheelie bag on public transport.

Read more Views: 4
MacroBusiness Friday, April 20, 2018 - 11:00 Source

Via Moody’s: Who to Blame for the Flattening Yield Curve The U.S. economy is humming along, but we believe that the economy will weaken and likely fall into recession sometime in 2020 as the boost from the fiscal stimulus fades. There is considerable uncertainty in the timing of the next recession, but the U.S. bond

The post When will the US lead us into the next recession? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 7
Inside Story Friday, April 20, 2018 - 10:39 Source

The first thing I did when I became a secondary school principal many years ago was to put the school’s prefects in blazers and ties. The school was losing enrolments and needed to improve its profile; prefects were put in the vanguard of our efforts to win back a critical mass of aspirant families. The second thing was to invite Sydney University educationalist David Smith to speak to the staff. Even then, David was ahead of his time, delivering a telling critique of what he saw as outdated industrial-era schooling and a strong case for more personalised learning.

Read more Views: 9
Inside Story Friday, April 20, 2018 - 10:39 Source

The first thing I did when I became a secondary school principal many years ago was to put the school’s prefects in blazers and ties. The school was losing enrolments and needed to improve its profile; prefects were put in the vanguard of our efforts to win back a critical mass of aspirant families. The second thing was to invite Sydney University educationalist David Smith to speak to the staff. Even then, David was ahead of his time, delivering a telling critique of what he saw as outdated industrial-era schooling and a strong case for more personalised learning.

Read more Views: 9
MacroBusiness Friday, April 20, 2018 - 10:30 Source

By Leith van Onselen First it was MB. Then it was Judith Sloan. Now The Australian’s Henry Ergas has joined the chorus slamming the Australian Treasury’s propaganda supporting mass immigration: …the goal of migration policy is not to increase popula­tion density for its own sake. Nor is its purpose to increase gross domestic product, or

The post Another economist slams Treasury’s immigration spruik appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 9
MacroBusiness Friday, April 20, 2018 - 10:00 Source

By Leith van Onselen Professor Peter Whiteford has penned an article in The Conversation questioning the notion that Australia’s Millennial generation are really worse-off than their parents: …millennials might be feeling a little hard done by, but Australians aged from 25 to 34 have actually enjoyed increases in their incomes compared to the population average.

The post Australia’s Millennials are being shafted appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 9
xkcd.com Friday, April 20, 2018 - 10:00 Source

I found a copy of The Life-Changing Magic of Tidying Up, but the idea of reading it didn't spark joy, so I gave it away.

Read more Views: 0
MacroBusiness Friday, April 20, 2018 - 09:32 Source

Via The Atlantic: Once upon a time, there was a city so dazzling and kaleidoscopic, so braided and water-rimmed, that it was often compared to a single living body. It clustered around a glimmering emerald spine, which astronauts could glimpse from orbit. It hid warm nooks and crannies, each a nursery for new life. It

The post Half of the Great Barrier Reef is dead appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 10
MacroBusiness Friday, April 20, 2018 - 09:30 Source

Via Foreign Policy: In July 2017, a group of nine Chinese students and faculty from Huazhong University of Science and Technology participating in a summer program at the University of Illinois at Urbana-Champaign (UIUC) formed a Chinese Communist Party branch on the third floor of Hopkins Hall, a campus dormitory. The group held meetings to

The post CCP “cells” appear in universities worldwide appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 11
MacroBusiness Friday, April 20, 2018 - 09:30 Source

By Leith van Onselen Yesterday, Fairfax published an alarming report warning that Melbournians will have an extra five hours of peak our traffic congestion by 2030 as rapid population growth continues to overrun the city’s infrastructure: Drivers could spend 20 per cent more time sitting in traffic as congestion significantly worsens over the next 12

The post You can’t love mass immigration and hate costly infrastructure appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 10
Harrangue Man Friday, April 20, 2018 - 09:14 Source

I woke up maudlin knowing there was horror work to do and asking myself if it was worth it. What will it achieve? Will it do anything? Is trying making me sicker?I lay on my bed with my tablet with that looming grey mist ahead. Then I saw my battery level was 69%.Heh heh ... 69.So it can't be all bad if I can still laugh at that.

Read more Views: 10
MacroBusiness Friday, April 20, 2018 - 09:00 Source

Recent reports by Grattan Institute and the Reserve Bank of Australia have argued that zoning is a significant cause of Australia’s high home prices. Yet neither organisation has applied the appropriate economic theory to the property market, leading to conclusions that are almost the complete opposite of reality. The main issue in property is that the static equilibrium assumptions

The post Delay or Develop? What determines the rate of new housing supply appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 10
MacroBusiness Friday, April 20, 2018 - 08:41 Source

Mr Leon Berkelmans, Senior Manager in the Domestic Markets Department at the RBA, began the great softening up process yesterday: The Reserve Bank is not planning on engaging in quantitative easing anytime soon, so please do not form the impression that at the next board meeting they will be discussing it. They will not. But, just

The post RBA mulls mortgages QE appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 9
MacroBusiness Friday, April 20, 2018 - 06:54 Source

DXY climbed last night: AUD was clubbed: Gold fell: Oil too: Base metals flamed out: Big miners were mixed: EM stocks fell: Junk too: Treasuries were killed but the curve steepened for once: Bunds the same: Stocks pulled back: US data was decent with a good Pilly Fed and solid Fed Beige Book. The US

The post US inflation bogey upsets markets appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 11
The Australian Independent Media Network Friday, April 20, 2018 - 06:00 Source

Friday 20 April 2018 1 Although the Coalition fought a right royal battle to avoid a Royal Commission into the financial sector, in the end they had to give way to the Opposition – some of their own backbenchers, and public opinion. During evidence in which the banks have admitted all manner of illegalities it…

The post Day to Day Politics: What a bloody scandal it is. As if they didn’t know! appeared first on The AIM Network.

Read more Views: 12
The Global Mail - Syndicated Stories Friday, April 20, 2018 - 02:01 Source

Bitcoin has been touted as the go-to for criminals in their illegal activities, such as money laundering, but Quebec Chief Scientist Rémi Quirion says that claim is blown out of proportion. Earlier this year, International Monetary Fund chief Christine Lagarde said […]

The post Bitcoin money laundering claims largely overblown says Quebec chief scientist appeared first on The Global Mail.

Read more Views: 19
Global Guerrillas Friday, April 20, 2018 - 01:47 Source

The EU's new data privacy law is just about to come into effect (May 25th).

That law makes it very hard for Facebook and other services to collect data on individuals.  Essentially, it sets a very high standard for privacy.

That's a problem for Facebook and many other Internet companies. 

Facebook, and other tech companies, set up a fake International Head Quarters in Ireland to avoid paying US taxes.

However, since Ireland is part of the EU, all two billion plus Facebook users now fall under the EU's new data protection law (GDPR). 

Read more Views: 15
Club Troppo Friday, April 20, 2018 - 01:03 Source

Suppose you buy the idea popular in psychology that there are stable personality types largely formed in childhood and that the population has relatively stable proportions of these personality types. The Big5 personality types are agreeableness, extraversion, neuroticism, conscientiousness and openness. Often added to this list is Locus of Control. Other traits like analytical ability, empathy, and shyness are also often mentioned in the many lists of personality doing the rounds.

Read more Views: 14
MacroBusiness Friday, April 20, 2018 - 00:25 Source

From Lyndsay David today: I guess we can all thank god that ASIC and APRA don’t regulate the aviation industry. Because if they did, there would be planes falling from the sky. The Banking Royal Commission is slowly shifting from becoming a serious one-off investigation into misconduct within the financial services sector to nothing short

The post We are all the royal commission now appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 14
MacroBusiness Friday, April 20, 2018 - 00:24 Source

Karen Maley is livid: Commissioner Kenneth Hayne will need the wisdom of Solomon as he tackles what is fast becoming the most critical issue in the financial sector: how to prevent the $1.6 trillion that Australians have salted away in superannuation savings from being pillaged by unscrupulous financial advisers. More: A group of planners from

The post Jingle mail risks mount appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 10
MacroBusiness Friday, April 20, 2018 - 00:18 Source

By Leith van Onselen The slow deflation of Sydney’s housing market eased this week, with values falling only 0.01% in the week ended 19 April, according to CoreLogic: Sydney home values have now declined by a cumulative 4.4% over the past 32-weeks, with values also down 4.3% over the past 37 weeks. Sydney’s quarterly growth rate

The post Biggest Sydney house price decline in 9 years appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15
North Coast Voices Friday, April 20, 2018 - 00:16 Source

Remember When Australian Prime Minister and former merchant banker Malcolm Bligh Turnbull ruled out a bankig royal commission?Telling the nation; "I can tell you wehave as a government decided not to have a royal commission, we made thedecision a long time ago, not because we don't believe there is nothing goingon in terms of problems with the banks, it is because we want to take actionright now and we are".Recall the time and other limits placed on the 

Read more Views: 15
MacroBusiness Friday, April 20, 2018 - 00:15 Source

By Leith van Onselen In the week ended 19 April 2018, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell another 0.10%: Values fell across all major markets except Adelaide: So far in April, values have fallen by 0.17%, driven by Sydney and Melbourne: So far in 2018,

The post CoreLogic Weekly Australian house price update: Donut day appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Read more Views: 15

Pages