Australian Politics

Albo has finally gotten something right: On Saturday, Kishida and Albanese signed a new Joint Declaration on Security Co-operation.

Mwahaha.

Farewell National Electricity Market.

Will nobody think of Mad King?

The AWU is a lot better than the Albo’s cowards: With four cabinet ministers focused on the task, AWU national secretary Daniel Walton told the government to quit dithering and act.

Wasn’t Mad King’s gas deal supposed to guarantee gas supply to Asian customers?

In the last few weeks, we have watched on as Resources Minister Mad King struck the worst deal in living memory with the Evil Gas Cartel before flying off on an all-expense paid junket to WA gas platforms where she could not be questioned about said deal.

Two good pieces in a  row from Jennifer Hewett and I’m beginning to wonder if the earth’s polarity has quietly reversed: Despite Labor’s promise to boost local manufacturing, the Albanese cabinet is suffering a bout of policy paralysis about how to achieve this given the outlook for international gas prices.

The ABC has thankfully paused in its race and sexuality wars to report on something that affects us all: how the gas cartel destroyed Australia’s energy transition.

This a great chart. It is the ACCC’s LNG netback price versus the Aussie gas spot price (as best as I can transcribe AEMO’s appalling data): What this chart shows you is how the Evil Gas Cartel operates.

Albo finally speaks: Prime Minister Anthony Albanese has confirmed his government is working towards putting controls on the local price of gas that is “appropriate” and does not see “businesses put under undue pressure”.

Albo’s cowards had better wake up: The sense of chaos engulfing Australia’s energy market has intensified as Macquarie has moved to restrict clearing services for electricity futures amid heightened concern about market volatility.

I’m sure this is just a coincidence.

This is turning into an interesting IQ and ethics test for parliament.

Earlier this week, the NSW Government announced that it will introduce legislation into parliament giving first-home buyers the option to pay an annual land tax (i.e. $400 plus 0.3% of the unimproved land value) rather than stamp duty.

These guys are beyond the pale stupid and corrupt: Nationals MP David Littleproud, pictured above, has called on Labor to assure farmers it would not follow a New Zealand style methane tax, warning the “Aussie BBQ is now under threat”.

It’s always nice when you give somebody enough rope to hang themselves.

MB has warned and warned and warned.

Another blow upside the head for Treasurer Chicken Chalmers.