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Sunday, 14 October

20:06

Neo-Nazis March for Babies in Melbourne "IndyWatch Feed National"

Above : Neo-Nazi security worker Stuart Von Moger follows hot on the heels of His Eminence, Raymond Leo Cardinal Burke. Heh. Following on from revelations concerning the neo-Nazi infiltration of the Young Nationals in NSW, a small contingent of local Continue reading

17:47

Calmsley Hill City Farm, an early foray into urban farming education "IndyWatch Feed National"

An example of sustainability education and urban farming before they became popular, the story of Calmsley Hill City Farm is largely forgotten. At the time it was the locus of landcare education in the Sydney region and an early example of professional permaculture design.

The post Calmsley Hill City Farm, an early foray into urban farming education appeared first on ACFCGN.

17:41

The uses of cardamom "IndyWatch Feed National"

Cardamom is a tropical plant whose centre of diversity, the region of its natural occurrence, is India. This one I attacked with machete was growing quite vigorously in warm-temperate Sydney.

The post The uses of cardamom appeared first on ACFCGN.

13:50

An Act to create Australia's housing hidden time bomb and other purposes "IndyWatch Feed National"

When the colonialists settled this land they were amazed at how cheaply dwellings could be built in order to house humans inside them, with the added benefits of setting up 'shop' in NSW where the added expense of housing animals (the four legged variety) was not necessary due to the climate.

A niche industry has evolved in the last few years, where if one is contemplating to enter it, it would be of great benefit to stay away from a specific product.

The product in question is a type of housing being built, that being a dwelling built for the 'not for keeps' market, i.e. renters.

The mainstream media bugles that there is a housing shortage, where humans need affordable housing.

Well, how did 'we' get to such an inhumane level?

Well you see the people in government decided that what would be good for the 'economy' is to initiate a migrant 'invasion' on the good people of the country.

Let's look at Melbourne as an example.

An importation of approx. 2,500 humans per week has created many problems for the good residents, problems created by those in government.

Since there is not enough housing, a bonanza was created for the banks where the newly imported humans would be debt slaves to the banks for the fiat currency the banks trade with, an action supported by the 'Australian Government'. 

Let's put aside those pesky and unruly African youths (who ain't gonna be no 'debt slave' - at least they got that right, as they'll steal stuff - well they got that one wrong) in Melbourne's south-east, as the policemen and women are there in the parks protecting the (Queen's) peace...
...

09:33

Wentworth By-Election: Australias Climate Policy Paralysis Is Finally Becoming Electoral Poison "IndyWatch Feed Enviro.au"

The days of climate denial and inaction wining favour with voters are over. Someone probably needs to tell the Liberal Party, writes Neneh Darwin.

With the Wentworth by-election just days away, voters in the electorate have a unique opportunity to send a clear signal to the Federal government that inaction on climate change will have major political ramifications.

Current polling indicates the Liberal Party could be facing its first electoral loss in the seat in 60 years and climate change inaction is the number one issue in the minds of voters.

This week saw the release of the IPCC report showing that coal will need to be completely phased out by mid-century and a global transformation of all sectors of the economy is required to avoid dangerous global warming over 1.5 degrees.

Since the reports release the Federal government has been on the defensive and the Australian coal industry in denial.

Australian Prime Minister Scott Morrison.

Prime Minister Scott Morrison has tried to deflect Australias responsibility stating that the IPCC does not provide recommendations to Australia. The Deputy prime minister Michael McCormack insisted that Australia should continue to exploit its coal reserves and fobbed of the IPCC emissions report as just some sort of report.

Such obfuscation will no longer wash with the Australian electorate. Australia is as much in the lens of the IPCC report as any other country. In fact the IPCCs core messages are even more crucial here as we remain the worlds biggest coal exporter. That means we are in pole position to help bring about the kind of transformation the IPCC is calling for.

Yet Australias current crop of politicians remain beholden to the coal industry and blindly insist on maintaining the status-quo. The writing is on the wall yet our political leaders are failing to pay attention. But at least some are starting to get it.

Former Liberal leader John Hewson has called on voters in his former electorate to use the election as a referendum on climate change and to vote against the Liberals. Hewson rightly says that it may take an election loss in its once secure Sydney seat to make the Liberal Party understand the magnitude and urgency of the clima...

Saturday, 13 October

23:41

Australia considers banning new migrants from big cities "IndyWatch Feed National"

Peter Parks/AFP/Getty ImagesAustralia is considering banning new migrants from living in its largest cities, under new plans to reduce congestion in urban areas. Government data reveals that nearly 70% of the 186,000 migrants who moved to Australia last year arrived on skilled migrant visas and nearly all of them settled in Sydney or Melbourne. Currently, about two-fifths of Australia's 25 million people live in those two cities. "The growth has been driven largely by migration," says the BBC, and has contributed to infrastructure and congestion problems, with Melbourne and Sydney each expected to exceed eight million residents by 2030.

21:11

10 essentials for caravanning with kids Practising Simplicity

I feel like every caravan post I write should come with a precursor: we are novices and were literally learning as we go.

Before we packed up our house/life and embarked on this journey, I had a very vague idea of what would be most useful on the road. But I suppose I never really considered that this is our new normal; its not a small holiday stint for holiday habits. Instead, weve taken 10 weeks to slowly but surely create an on-the-road-rhythm that I tweak when necessary.

Our everyday essentials are quality products that are, above anything else, practical. The kids are literally spending the whole day outside and they are rough and tough on their clothes and shoes, hats and drink bottles. As for everything else; theyre the little things that make each day safer and easier which ultimately makes van life more comfortable and enjoyable.

If youre considering travelling with kids, dont feel like you need to rush out and buy new things. Sure, theres a product for every single travelling purpose but that doesnt mean you need to buy them all. Use what youve got, buy pre-loved and, if you need to buy new, choose quality so it lasts. Heres my top 10 essentials:

...

17:00

The Weekend Quiz October 13-14, 2018 answers and discussion "IndyWatch Feed Economics.au"

Here are the answers with discussion for this Weekends Quiz. The information provided should help you work out why you missed a question or three! If you havent already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of modern monetary theory (MMT) and its application to macroeconomic thinking. Comments as usual welcome, especially if I have made an error.

Question 1:

Assume that inflation is stable, there is excess productive capacity, and the central bank maintains its current monetary policy setting. In this situation, if government spending increases by $X dollars and private investment and exports are unchanged nominal income will continue growing until the sum of taxation revenue, import spending and household saving rises by more than $X dollars because of the multiplier.

The answer is False.

This question relates to the concept of a spending multiplier and the relationship between spending injections and spending leakages.

We have made the question easy by assuming that only government spending changes (exogenously) in period one and then remains unchanged after that.

Aggregate demand drives output which then generates incomes (via payments to the productive inputs). Accordingly, what is spent will generate income in that period which is available for use. The uses are further consumption; paying taxes and/or buying imports.

We consider imports as a separate category (even though they reflect consumption, investment and government spending decisions) because they constitute spending which does not recycle back into the production process. They are thus considered to be leakages from the expenditure system.

So if for every dollar produced and paid out as income, if the economy imports around 20 cents in the dollar, then only 80 cents is available within the system for spending in subsequent periods excluding taxation considerations.

However there are two other leakages which arise from domestic sources saving and taxation. Take taxation first. When income is produced, the households end up with less than they are paid out in gross terms because the government levies a tax. So the income concept available for subsequent spending is called disposable income (Yd).

To keep it simple, imagine a proportional tax of 20 cents in the dollar is levied, so if $100 of income is generated, $20 goes to taxation and Yd is $80 (what is left). So taxation (T) is a leakage from the expenditure system in the same way as imports are.

Finally consider saving. Consumers make decisions to...

14:01

An alt-right, all-male, racist, anti-semitic, pro nuclear group aims to join Liberal-National politics "IndyWatch Feed Enviro.au"

Is Australias ruling Liberal-National coalition even more in danger from the extreme right-wing than we thought?    This all-male crowd likes violence fighting (The Lads Society), racism, anti-semitism, and of course  coal and nuclear power.
Manifesto reveals alt-rights plans to go mainstream after infiltration of NSW Young Nationals http://www.abc.net.au/news/2018-10-13/alt-right-plans-shake-up-of-mainstream-politics-in-...

13:59

PNG Governments censor film on Australian developer takeover "IndyWatch Feed National"

[Video inside] An internationally acclaimed film of Paga Hill communitys fight for justice from the illegal eviction and demolition of their homes in downtown Port Moresby has been banned from screening today at the PNG Human Rights Festival. It is known as 'The Opposition Film'. See trailer and details of showings here. There is a lot of Australian involvement in this disgraceful powerplay, including NSW court system and Australian developers. However, what is happening in PNG is also happening to Australians, who mostly fail to realise that they are also being treated and exploited like a 'developing country'.

The ban highlights the lingering limits on free speech in our country and the continued attempts to censor our story of resistance against gross human rights violations [1], claimed Paga Hill leader Joe Moses, the main character in The Opposition film who had to seek exile in the United Kingdom after fighting for his communitys rights.[2],[3]

This censorship comes as a deep disappointment for my community who have suffered greatly over the past 6 years.

The Opposition film tells the David-and-Goliath battles of a community evicted, displaced, abandoned their homes completely demolished at the hands of two Australian-run companies, Curtain Brothers and Paga Hill Development Company, and the PNG state. What was once home to 3000 people of up to four generations, Paga Hill is now part of the Asia-Pacific Economic Co-operation (APEC) summit AELM Precinct which will take place this November.[4],[5]

Mr. Moses continued, We appreciate the PNG Human Rights Film Festival for choosing to screen The Opposition film at their Madang and Port Moresby screenings.

It is shameful that our government continues to limit free speech and put such pressure on our countrys only annual arts and human rights event. How does this make us look to the world leaders who will be coming here for the APEC meeting in November?

Under the theme Tokautnau long senisim tumora" (Speak up today to change tomorrow) the mission of the PNG Human Rights Film Festival includes We are all born free and equal in dignity and rights and that the international and local human rights films promote increased respec...

12:09

Alex Turnbull Horrified To Learn PM Who Sabotaged Climate Action For Past 3 Years Is His Father "IndyWatch Feed Enviro.au"

Liam McLoughlin reports from East Sydney Private Hospital, where Alex Turnbull is reported to be suffering one of the worst recorded cases of cognitive dissonance in medical history.

There are serious concerns for the mental health of Alex Turnbull this morning after finding out that the man who said if anyone had a vested interest in showing you that you could do really smart, clean things with coal, its us is his father.

Alex opened an email from a concerned citizen at 6:30am this morning to find this list of heinous environmental actions carried out by the former Prime Minister.

  1. Approves Carmichael Coal Mine 16 October 2015
  2. Environment Minister Greg Hunt claims selling India Australian coal will cut carbon emissions 10 Dec 2015
  3. Approves Abbot Point Coal Terminal expansion 22 December 2015
  4. Presides over a drop in Australias ranking on the Environmental Performance Index of 10 places 28 January 2016
  5. Approves logging in Murray Valley National Park 28 February 2016
  6. Tries to loan Adani $1 billion to build a railway link to the Carmichael mine and promises to fix native title problems 11 April 2017.
  7. Describes Labors emissions trading scheme as jobs destroying, a handbrake on the economy, leading to much higher energy prices. 27 April 2016...

09:59

Australia is considering banning new migrants from big cities "IndyWatch Feed National"

Australia is considering banning new migrants from living in its largest cities, under new plans to reduce congestion in urban areas. Government data reveals that nearly 70% of the 186,000 migrants who moved to Australia last year arrived on skilled migrant visas and nearly all of them settled in Sydney or Melbourne.

05:27

Australian gay politicians. Part one. Former Australian Prime Minister Paul Keating. "IndyWatch Feed National"

paul-keating-16

And then I recalled all the gossip about all the prime ministers since Ive been a journalistPaul Keating he and Annita would divorce because he was secretly gay.

Sydney Morning Herald article below

In 1993 I received my Australian citizenship from then Australian Prime Minister Paul Keating at the Sydney Town Hall in front of thousands of people at a special commemoration citizenship ceremony.

I was chosen because I was a New Zealand emigrant businessman whod done well in Australia. I was the only Anglo-Saxon and the other candidates for citizenship came from all over the world. The Australian government was illustrating the multiculturalism of Australia.

Paul Keating arrived with a large entourage and fanfare. Assistants and media, the whole shebang. He was quite something in those days and knew how to play the game, maintain the invincibility and aura.

Paul Keating made a total mess of the Australian economy.

When Paul Keating was Australian Federal Treasurer in the late 1980s, under his economic governance, and as a direct result of him dismantling Australian tariffs on imports carte blanche, the Australian economy went into a major recession. It was all Pauls fault and yet to this day Paul sees himself as an economic hero.

Paul Keatings gayness

I really dont give a toss about whether Paul Keating is gay or not.

Paul lives with his boyfriend in Potts Point so he must be gay....

00:44

Must see articles of the week "IndyWatch Feed Economics.au"

Weekend reads

Week auction clearance rates in Sydney this week.

Check it out here at the weekend reads.


Subscribe for the free market commentary here.

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