Australian Politics

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Do-nothing Malcolm waves lettuce leaf at gas cartel

Via The Australian: The Turnbull government has renewed warnings it could foist tougher regulations on the gas sector ahead of a high-powered meeting on getting more gas to east coast domestic users and as manufacturers warn they face a “price disadvantage” compared with Japan, Europe and the US. Ahead of talks tomorrow between gas industry

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Abbott takes gloves off, Coalition wheels fall off

Andrew Bolt sums up the latest Coalition chaos: The Coalition is splintering: Responding to Mr Abbott’s latest public interventions – a newspaper column in which he sought to diagnose the problems of modern politics, and a high-profile Sydney radio interview – Mr Entsch called on him to “back off”. Mr Abbott should honour his promise of “no

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Half of Australians seeing falling living standards

From Essential poll: Only 13% of Australians are seeing rising living standards. This is a stunning number that explains pretty much everything about contemporary politics. This is the lived experience of Australia’s failed post-mining boom adjustment which politics failed completely to grasp. It would have been fixed by offering a plan that: outlined the problem that

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MB Radio: Rort of the Elites

Just weeks out from the 2017 Federal budget Gunnamatta spoke with David Llewellyn Smith and Leith van Onselen about the economic backdrop framing budget decisions, as well as the dynamics of Australia’s key commodity exports and the implications this has for the economic outlook, employment, incomes growth and the housing market.  With the federal government and

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Are Tomahawk’s about to rain upon North Korea too?

The rhetoric is certainly flying, via the SMH: US President Donald Trump escalated his rhetoric against North Korea on Tuesday, writing on Twitter that the country “is looking for trouble” and encouraging North Korea’s neighbour China to “solve the problem.” In a second message, Mr Trump said he told China’s President Xi Jinping during his

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Is it Do-nothing or doom for the Coalition?

From Jack the Insider: Alternative leaders who could seamlessly move into the Lodge while keeping the baying within the party down to a dull roar are as scarce as rocking horse excreta. Julie Bishop? Malcolm Turnbull in stilettoes. No solution there. Tony Abbott does not have the support base within his own party and there

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Tony Abbott: Cut immigration to save housing, infrastructure

By Leith van Onselen Pressure within the Turnbull to cut Australia’s mass immigration intake continues to build, with former Prime Minister Tony Abbott this morning repeating his call to slash immigration to alleviate pressures on housing affordability and infrastructure.  From The SMH: Former prime minister Tony Abbott says there is nothing “sacrosanct” about Australia’s immigration

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Negative gearing reform dead, CGT lives

From The ABC a few days ago: Federal Cabinet formally examined the impact of tax breaks on Australia’s booming housing market in early 2016 but decided not to act, an ABC investigation has revealed. …instead of making changes last year, the Coalition embarked on a blistering campaign against Labor’s plans to curb property tax concessions. That

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Coalition moves to install anti-carbon price

From The Australian: The Australian understands that after the Coalition’s decision to rule out an emissions intensity scheme, which puts a price on ­carbon in the electricity market to encourage investment in renew­ables, the government is warming to an alternative market signal that would put in place a 50-year rule for Australia’s fleet of coal-fired

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John Clarke dead

Vale John Clarke, via the ABC: Celebrated satirist and comedian John Clarke has died suddenly, aged 68. Clarke was born in New Zealand but made his name as a comedian and political satirist in Australia after arriving in the 1970s. For 27 years, he has appeared on Australian television conducting mock interviews and skewering politicians

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Boomers abandon Do-nothing Malcolm

It governs exclusively for them, yet Do-nothing Malcolm has lost the Boomers, via The Australian: Older Australians are deserting Malcolm Turnbull’s government in a powerful swing that is fuelling the rise of Pauline Hanson’s One Nation, with the federal Coalition suffering a 10 per cent fall in support among voters older than 50 since the last

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Syrian chaos as US and China make nice

This is what chaos in government looks like. From Thursday: Foreign Minister Julie Bishop has refused to back regime change in Syria even if it turns out that President Bashar Assad is to blame for a chemical weapons attack that killed scores of children. Instead Ms Bishop said it was up to Russia and Iran to

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Will the Coalition swallow the red or the blue property pill?

Recall this from yeserday’s AFR: The push inside the Turnbull government to curb the capital gains tax concession for housing investors is “hanging by a thread”, amid growing external pressure to target tax incentives to help combat the nation’s housing affordability crisis. As the government grapples over the content of the housing affordability package it

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How the Coalition killed negative gearing reform

By Leith van Onselen More details have emerged on how the Turnbull Government performed a back-flip on reforms to negative gearing and the capital gains tax (CGT) discount in the lead-up to last year’s Federal Budget. From The ABC: Federal Cabinet formally examined the impact of tax breaks on Australia’s booming housing market in early

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The clean coal bad joke

From Credit Suisse today: ■ ‘Clean coal’ and CCS take the stage: Lately a key strain in our national policy conversation has involved the promotion of ‘clean coal’ – the idea that some coal-fired technologies might allow coal-fired power to be part of a low-emissions generation portfolio. Carbon Capture and Storage (CCS) is occasionally thrown

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Shell dances as it gouges gas

Shell is out today celebrating its ongoing gas gouge: Shell today said it will supply around 8 petajoules of gas to Engie’s Pelican Point power plant in South Australia for five months over the peak winter period to help secure electricity contracts to major industrial users. It also said it had struck an 18-month agreement