Shrinking demand signifies rocky times ahead for many individual oil and gas producers but the industry will survive for decades yet. Emissions from farming and forestry aside, Australia’s emissions have been stagnant for 20 years. Feral pigs are destroying our wetlands and rivers. Drilling into the oil and gas industry (1) Over the next few Continue reading »
politics
Beijing has been slow to address the visa and e-payment woes of foreign travellers, and some officials remain complacent about the exodus of foreign investment. China’s Luckin Coffee, founded in 2017, is the country’s largest coffee chain, with more stores and higher revenue than Starbucks. Its cashless grab-and-go model, where customers order on the app Continue reading »
With fuel emission standards Toyota Land Cruisers to cost more than Lamborghinis, economic advice from a wise lady for Treasurer Chalmers, consumer advice from a Minnesota Lutheran. Read on for the weekly roundup of links to articles, podcasts, reports and other media on current economic and political issues. Care of the aged Financing a growing Continue reading »
The recent announcement by the Federal Minister for Education, Jason Clare, that the government wants to raise the percentage of young people achieving a tertiary education to 80% points to the huge stakes at issue in the current negotiations between the Federal and state governments on the next school funding agreements. To have any chance Continue reading »
There is no argument that funding for aged care has to increase or that equitable funding requires that those with higher means pay more. The recommendations of the Aged Care Funding Taskforce fail to provide solutions on both counts, for older people needing care and their carers, providers, taxpayers, or government. The first fail is Continue reading »
There has been significant media discussion (including P&I) of Defence Minister Marles’ recent announcement of the Surface Ship Review for the RAN – a step towards remedying the Defence procurement shambles inherited by the Albanese government and conducted by yet another retired US admiral! But there has been scant attention to the rabbit out of the Continue reading »
In Asian media this week: ‘Inexorable, predictable’ proceedings against Move Forward. Plus: South Korea’s new envoy at heart of political row; Xi revives Mao’s party-control dictum; Fukushima meltdown fuel still a mystery; China’s tai chi diplomatic culture; Singapore writer in long Taylor Swift gloat. In a slow-motion replay of the main contest in Thai politics Continue reading »
Not unexpectedly, the AUKUS nuclear-powered submarine project has run into reality as Virginia class production slows down, leaving Australia with no Defence policy. A huge strategic failure, if endorsed government assessments are believed, which has left Australia vulnerable and dependent on America. The 2000 White Paper’s highest priority was to “be able to defend Australia Continue reading »
Since the 1980s I have been urged by my Labor Party colleagues to keep political messages simple and to listen to the local community. This practical advice was welcome and fairly accurate throughout my political career in and out of parliament. Nevertheless, I also discovered that it was wise to never underestimate my electorate which Continue reading »
Europe and Australia are facing a common existential threat: a creeping irrelevance caused, on the one hand, by our failure properly to invest and, on the other hand, by our ill-considered slide from a strategic dependence on the United States to a non-strategic, self-defeating servility to Washington’s policy agenda. Yanis Varoufakis’s address at the National Continue reading »