Friday, 24 April 2009

Australian state government hires spies

Last Friday The Sydney Morning Herald reported on an Australian company which contracts to supply open intelligence to business and government:

David Vaile, executive director of UNSW's Cyberspace Law and Policy Centre, believes SR7 may be acting unethically and said he suspected companies were using dirt gathered from social networking sites as an excuse to fire people due to the challenging economic climate.

He said the practice could backfire when the economy turns around as people would refuse to work for or trust companies that spied on staff.

He said the issue raised questions over where the boundary is between public and private comments.

Here's what the company says about itself:

We provide protection and strategy for brands and reputations.

While one of its published case studies is quite frankly fascinating:

SR7 undertook a comprehensive audit for a leading State Government department to identify on-line risks to the organization and its business units with exposure to social media.
The assessment unearthed a series of online activities by employees and stakeholders, acting as an early warning system for key decision makers.
SR7 provided counsel and advice on mitigation strategies for implementation by the relevant agencies.

So which public servants were being spied on and in what state and which government department was silly enough to contract out this strange work to a company that brags like this?

Happy birthday, Mr. Shakespeare.

With his actual birth date unknown, the arrival of William Shakespeare into the world is usually celebrated in April on St. George's Day.


He may have written wildly inaccurate history into his plays, have littered the whole with crude stereotypes - but oh, the language soars.


Living as he did in the 16th century, William would of course find the modern world passing strange and, perhaps even stranger should he come to hear of Australia.


However there are some things he would recognize - national finances are precarious, soldiers are fighting overseas, terrorism and treason are often topics of the day and the government censor is beginning to breathe more heavily over shoulders.

Photograph: BBC News

Rudd's 2020 continues to underwhelm at my house


The official view from Canberra in the wake of that basically elitist gabfest; "The Australia 2020 Summit was held on 19 and 20 April 2008 at Parliament House in Canberra, bringing together 1,000 participants from across the nation and generating more than 900 ideas."

The media view on Wednesday; "JUST nine new ideas from nearly 1000 developed by Kevin Rudd's 2020 Summit talkfest are set to be adopted. But the most popular one, for Australia to become a republic appears to have sunk without a trace."

Apparently Rudders favours:
"A national "golden gurus'' mentoring program;
$50 million for the development of a bionic eye;
The creation of a civilian corps help out in war zones and natural disasters;
A dedicated ABC children's TV channel;
A new indigenous cultural education centre;
A PM's award scheme to boost Asian links;

A "roundtable" for business and schools; and,
A high-speed broadband for vocational education organizations."


As well as:
"A Skills for the Carbon Challenge initiative to equip workers and business with green skills"

Well, I guess vocational education organizations will be underwhelmed, since Rudders has already announced a national high-speed broadband for every town of 1,000 souls or more.
Likewise the various inventor's of bionic eyes will probably be grateful for further funding, but also might've preferred to have had that money during the hard slog of creating medical prosethesis.
While the Republic Movement will be livid and plotting dire revenge.

Now we hear that the PM wants a 2020 summit every few years.
I think all those in-flight gourmet meals must be going to more than Rudders' chin line when he come up with a mish mash idea like that.
After all - Cate Blanchett might not want to have another baby every few years!

For what it's worth here's the report Responding to the Australia 2020 Summit.

Thursday, 23 April 2009

The International Monetary Fund report pretends to tell us something we didn't already know (transcript)

With so much media coverage of the global financial crisis it would be hard not to understand that toxic debt is actually higher than originally anticipated, working capital is hard to find and, in the case of Australia, that the national economy was bound to go into recession this year, government revenue fall and unemployment deepen.

So the International Monetary Fund's April 2009 report on global financial stability does not report the unexpected:

The global financial system remains under severe stress as the crisis broadens to include households, corporations, and the banking sectors in both advanced and emerging market countries. Shrinking economic activity has put further pressure on banks' balance sheets as asset values continue to degrade, threatening their capital adequacy and further discouraging fresh lending. Thus, credit growth is slowing, and even turning negative, adding even more downward pressure on economic activity. Substantial private sector adjustment and public support packages are already being implemented and are contributing to some early signs ofstabilization. Even so, further decisive and effective policy actions and international coordination are needed to sustain this improvement, to restore public confidence in financial institutions, and to normalize conditions in markets. The key challenge is to break the downward spiral between the financial system and the global economy. Promising efforts are already under way for the redesign of the global financial system that should provide a more stable and resilient platform for sustained economic growth.To mend the financial sector, policies are needed to remove strains in funding markets forbanks and corporates, repair bank balance sheets, restore cross-border capital flows (particularly toemerging market countries); and limit the unintended side effects of the policies being implemented to combat the crisis. All these objectives will require strong political commitment under difficult circumstances and further enhancement of international cooperation. Such international commitment and determination to address the challenges posed by the crisis are growing, as displayed by the outcome of the G-20 summit in early April. Without a thorough cleansing of banks' balance sheets of impaired assets, accompanied by restructuring and, where needed, recapitalization, risks remain that banks' problems will continue to exert downward pressure on economic activity. Though subject to a number of assumptions, our best estimate of writedowns on U.S.-originated assets to be suffered by all holders since the outbreak of the crisis until 2010 has increased from $2.2 trillion in the January 2009 Global Financial StabilityReport (GFSR) Update to $2.7 trillion, largely as a result of the worsening base-case scenario for economic growth. In this GFSR, estimates for writedowns have been extended to include other mature market-originated assets and, while the information underpinning these scenarios is more uncertain, such estimates suggest writedowns could reach a total of around $4 trillion, about two thirds of which would be incurred by banks. There has been some improvement in interbank markets over the last few months, but funding strains persist and banks' access to longer-term funding as maturities come due is diminished. While in many jurisdictions banks can now issue government-guaranteed, longer-term debt, their funding gap remains large. As a result, many corporations are unable to obtain banksupplied working capital and some are having difficulty raising longer-term debt, except at much more elevated yields.

Global Financial Stability Report, April 2009 Summary Version and Statistical Appendix

Preschoolers vs patients in development tiff


How many medical practices are there in Yamba?
Three, four - for a population of around 6,000?

Now yet another one is being considered by Clarence Valley Council in a section of the existing Kangabunnaby's child care centre building.

Yet another parking nightmare in the making for land that was zoned residential in the original cul-de-sac subdivision.
If passed, Kangabunnaby's would change from a 90-child facility down to one that caters for 54 children, with a total of 12 car spaces for staff and parents; and three consulting suites that shared nine car spaces plus two disabled car spaces.

Local mums are not amused and, one has to suspect that a development application fix may be in place when you see a proposed small medical practice described in the local media as a super clinic.

My nose tells me that if the application gets passed, within two years the owners will close the childcare centre and submit another DA for commercial premises.
Even more parking woes!

Clarence Floodplain Project in top 25 outstanding Aus-NZ projects announced by the Global Restoration Network

Jabiru at Little Broadwater on the Clarence Floodplain
Photograph: Clarence Valley Council

The Global Restoration Network and its cross-Tasman expert panel has just announced the top 25 outstanding ecological restoration projects being undertaken in Australian and New Zealand.

The Clarence Floodplain Project was included in this list and was also in the top 17 highly commended projects category.

Well done Clarence Valley Council and landholders and industry partners in this ongoing program.

I really shouldna, but WTF


It seems there can't be that many Aussies using Twitter because Cursebird, the real-time feed which records tweets using those b-a-d words, only had around 1.41% of tweets with the word b@stard included.
So where the bluidy hell are ya?

Wednesday, 22 April 2009

Possum on Turnbull's political free fall


Because of late I have neglected that ex-merchant banker who leads the Federal Coalition Opposition, here is Possum Comitiatus in Tuesday's Crikey:

This appears to be one of those "Holy cascading waterfalls of public disapproval Batman!" type events.

If we head on over to the historical satisfaction ratings of Opposition Leaders ,the only previous example that seems remotely comparable to Turnbull’s performance in the metrics is that of his Lordship, Alexander Downer.

Ouch!

Well said Possum.

I suspect that the next viable leader of the party is still in nappies, because it will take that sort of generational change to revive the post-Howard corpse.

And who said it wouldn't go to his head.......

Barack Obama is President of the United States of America - arguably the most powerful political position going, backed as it is by America's military might.

However, there is a global financial crisis and America is suffering. In March 2009 the official U.S. unemployment rate reached a 25 year high and over 13 million people (reputedly the highest absolute number on record) are wondering where their next pay check will come from.

The U.S. federal government is not as popular as the Obama Administration had hoped when it came to power after the 2007 presidential election. Tea parties to demonstrate against the taxpayer-funded financial bailout of Wall Street are the order of the day.

So is President Obama taking note of the mood of the nation and exercising a little fiscal restraint at the White House?

Not if this media snippet in the Mail Online is anything to go by:

When you're the president of the United States, only the best pizza will do - even if that means flying a chef 860 miles.

Chris Sommers, 33, jetted into Washington from St Louis, Missouri, on Thursday with a suitcase of dough, cheese and pans to prepare food for the Obamas and their staff.

He had apparently been handpicked after the President had tasted his pizzas on the campaign trail last autumn.