Well he gave away an entire generations worth of natural resources wealth to overseas companies, tax free.Of course. And let's include John Howard while laying blame
So, yes?
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Well he gave away an entire generations worth of natural resources wealth to overseas companies, tax free.Of course. And let's include John Howard while laying blame
And as pointed out earlier, his government contributed significantly to cost of living pressures being experienced now, with the increasing generational gap between income and housing costs.Well he gave away an entire generations worth of natural resources wealth to overseas companies, tax free.
So, yes?
By not reporting on it anymore.Liberals are still blocking the bills for fixing up the immigration mess, while Dutton ironically says he’s looking forward to cleaning up labor’s ‘mess’
Nuclear is a nice distraction which is fantasy anyway
But, but, but, but we promise will do better this time.And as pointed out earlier, his government contributed significantly to cost of living pressures being experienced now, with the increasing gap between income and housing costs.
Fair enough, but I'm still more inclined to accept the underlying assumptions from our chief scientific body than an economics firms paid by the Liberal Party to justify its policies. Hell, the assumptions of the Frontier report started falling down immediately.That's not an accurate reflection of the either the Frontier Economics Report released today or the CSIRO Reports. The basis of BOTH reports is on an economic assessment as opposed to a scientific study.The lead author of the CSIRO Report is Paul Graham, Chief Economist for the CSIRO.
A sensible approach is for both reports to be read alongside each other and look at the variations in costings and the assumptions behind them and then reach an informed assessment of which is more likely.
But don't look to politicians or politically aligned reporters to do that. And in the lead up to a Federal election I'm not sure sensible discussion on such a complex issue that is now so emotionally and politically charged will ever take place.
Sure.
But I'll be controversial here and say a facts based debate on future energy policy for Australia based around the lifetime full system costs evidence based assessment of comparative options is sorely needed. And its important to seperate the cynical politicking and uninformed opinion from that.
The economic assessment prepared by Frontier Economics and released today adds considerably to that discussion and its lead researcher, Danny Price, has no political ties to ANY political party and is not paid for or aligned to any Energy provider. In fact Price has worked with both Labor and Liberal Governments across Australia on energy policy and reform so his views are worth listening too and reflecting on. Especially as it does what both V1 and V2 of the CSIRO nuclear assessment costs didn't - and that's look at the full lifetime system costs and an open assessment of AEMO assumptions.
The Report is available here and I urge those who are interested in looking beyond the politics to take a read, at least of the Executive Summary, even if and I would say especially if you are opposed to the thinking and assumptions it contains (know thine enemy and all that).
Economic analysis of including nuclear power in the NEM
This is the second independent report in this series on modelling the economics of including nuclear in Australia’s National Electricity Market (NEM).www.frontier-economics.com.au
(Edited for accuracy and grammar)
Covid assistance for a once in a lifetime problem was incredibly bi-partisan though.Who was in power in 2020 when mass money printing and debt was created?
This is likely the major reason for Australia's inflation.
True. But is inflation, caused either by neither party or contributed to by both parties, blamed on both parties, or is it mostly blamed on one?Covid assistance for a once in a lifetime problem was incredibly bi-partisan though.
Usually the party this is in power currently cops it more. Interesting your previous post was based on political point scoring for your preferred party, not the truth.True. But is inflation, caused either by neither party or contributed to by both parties, blamed on both parties, or is it mostly blamed on one?
Let's assume that the media does consistently assign blame to whoever is currently in power.Usually the party this is in power currently cops it more. Interesting your previous post was based on political point scoring for your preferred party, not the truth.
Ok. So how does your post then mentioning the COVID assistance and inflation differ from what you say the media does?Let's assume that the media does consistently assign blame to whoever is currently in power.
This doesn't make it accurate.
Interesting that you vaguely refer to a previous post as untrue, but neither quote said post or provide any information as to why it was untrue.
I don't really know what you're getting at here.Ok. So how does your post then mentioning the COVID assistance and inflation differ from what you say the media does?
You outed yourself re the truthfulness. Your post was clearly inferring LNP caused inflation in 2020 from printing money. When I pointed out it was covid assistance and bi-partisan you said true.
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Apologies, it was 1990Crow who made that original post.I don't really know what you're getting at here.
Another poster made the Covid assistance claim.
You said it was bi-partisan.
I agreed with you, that was bi-partisan.
But then when inflation is externally caused by global factors, and has been contributed to by both parties, I was objecting to why one side gets the blame.
I have to disagree.Apologies, it was 1990Crow who made that original post.
If LNP were still in power they would be copping blame. Not a witch hunt against Labor, just that they are currently in power.
Immigration levels, lack of action on housing, and the electricity price promise certainly doesn't help.
You've managed to work out the problem with the media blaming Labor for inflation/economy when the causes are not their policies since 2022.Apologies, it was 1990Crow who made that original post.
If LNP were still in power they would be copping blame. Not a witch hunt against Labor, just that they are currently in power.
Immigration levels, lack of action on housing, and the electricity price promise certainly doesn't help.
Labor is dressed up as the party that would do something about housing prices so their inaction on it is viewed worse. You know what LNP stand for so you know there won't be change. Inaction on it is against Labor supposed values.I have to disagree.
Conservative media outlets, which form much of our media landscape, were still doing their best to help the Coalition in the face of inflation, cost of living rises before the 2022 election.
As they are doing now.
Housing affordability issues, rising energy bills, and a large uptick in immigration were all already occurring under the previous Coalition government.
But yes, inaction is still costly.
When most western countries, including Canada, USA, NZ, Netherlands, UK and Germany, now have inflation under control and Australia is lagging behind, you have to start asking what isn't the Australian government doing that could assist mattersTrue. But is inflation, caused either by neither party or contributed to by both parties, blamed on both parties, or is it mostly blamed on one?
So you view the media as unfairly targetting Labor, and your fallback position is to then post unfairly targetting LNP?You've managed to work out the problem with the media blaming Labor for inflation/economy when the causes are not their policies since 2022.
Which bit do you need spelt our for you?
We actually agree on a fair bit here.Labor is dressed up as the party that would do something about housing prices so their inaction on it is viewed worse. You know what LNP stand for so you know there won't be change. Inaction on it is against Labor supposed values.
Immigration levels has sky rocketed well above the upwards trend that was already experienced. High immigration levels while housing affordability was a 5/10 is different to sky rocketing immigration levels when housing affordability is a 2/10.
Its not so much the elec prices themselves but the promise.
AgreeLabor are supposed to care, haven't done enough.
Coalition were voted out last election by those who impose the standardCoalition never needs to care, they are held to a different standard.
Using a hypothetical to make a point. We all can do that, e.g., "Inflation would be well under 3.0% if Labor governments around the country hadn't kowtowed to trade unions for so long".Making energy cost promises was daft, but again, the media wouldn't make as much noise about that if say Labor had hidden information from the Coalition before an election (that would be the main story).
Inflation is decided on an annual basis. During Covid immigration ground to a halt. So sure, the number was unusually big in 2021 (680,000 compared to 248K in 2019 and 252K in 2018). 2022 - 433K; 2023 - 547K; 2024 500-600KStill disagree on immigration. The Coalition were responsible for a sharp increase, which continued under Labor for a while (and is now slowing), the rate of which was largely the same, especially since immigration directives and decisions take some time to have effect.
With the election 50/50 in the balance now every 2nd post is already media blaming excuses for him.
Imagine how much this joint going to get spammed with it by his fans if he loses...
Excuses, no.With the election 50/50 in the balance now every 2nd post is already media blaming excuses for him.
Imagine how much this joint going to get spammed with it by his fans if he loses...
With the immigration levels check out the red line on the graph I posted a couple posts up, yes Coalition sharply got them back to purely just pre-Covid levels (but they also had just done the housing grant money so supply of housing was up marginally too), but Labor has got us to double any prior levels.We actually agree on a fair bit here.
Labor are supposed to care, haven't done enough.
Coalition never needs to care, they are held to a different standard.
Making energy cost promises was daft, but again, the media wouldn't make as much noise about that if say Labor had hidden information from the Coalition before an election (that would be the main story).
Still disagree on immigration. The Coalition were responsible for a sharp increase, which continued under Labor for a while (and is now slowing), the rate of which was largely the same, especially since immigration directives and decisions take some time to have effect.