Australian Politics

Let me summarise Resource Minister Mad King’s vision for gas for everything: Australia’s future gas strategy aims to support energy reliability, manufacturing, and industry, as well as tens of thousands of jobs in the manufacturing sector.

The Australian’s Judith Sloan has backed former Australian Treasury official Stephen Anthony’s prediction that Victoria now may require a bailout from the federal government.

Long-term failed Victorian Treasure Tim “Ponzi” Pallas rolls out an effigy of himself (lest somebody set it on fire) and presses play on a recorded budget message unchanged in years.

This is going to be the mea culpa of a lifetime.

It’s about as clear as mud today.

You want to make friends with your enemies; don’t complain when they use your resources to attack you: Anthony Albanese has confirmed the government have made “appropriate diplomatic representations” following a Chinese fighter jet dropping flares dangerously close to an Australian Navy helicopter over the weekend.

We are still in shoulder season Albo’s gas cartel is steadily pushing gas spot prices through the $12Gj contract price cap: Electricity prices are following, as usual.

Former Australian foreign minister Bob Carr plans to sue New Zealand Deputy Prime Minister Winston Peters over controversial remarks made on radio during a recent debate over the Advanced Nuclear Weapons Enhanced Cooperation (AUKUS) pact.

By Stephen Saunders Albanese’s population and environment policies riff on UN policy.

The Queensland Government has announced a $1000 energy bill discount under a $2.5 billion government package to ease the cost of living relief.

Australian gas producers are calling for an immediate policy reset due to Labor’s market interventions and regulatory uncertainties, which are undermining investor confidence and delaying new supplies.

Ross Gittins writes that Australia’s economy is expected to be hit by a meteor within a decade or two, with the world stopping buying fossil fuels and declaring it worthless.

The Future Made in Australia Act, a key element of the government’s budget centrepiece, will see changes designed to attract foreign capital and boost economic prosperity.

Victoria is the country’s most indebted state, with the lowest credit rating.

The Albanese government is reportedly avoiding a hard cap on foreign student numbers to avoid long-term damage to education exports.

Whether it is housing access, spending that causes inflation, or climate change, young folks (including me) love to blame the Boomers.

This is Australia for you.

As it should.

Earlier this month, The Australian Population Research Institute (Tapri) released a comprehensive survey showing Australians comprehensively reject high immigration and a Big Australia. Tapri’s December 2023 national survey of 3000 voters (published April 2024) shows a large and growing voter constituency concerned about the level of immigration.

Albonomics can be summed up as tearing down borders to trigger mass immigration that leads to a shortage of everything except cheap labour.

JKM netback is sitting just above $13Gj today, while local spot gas prices are still threatening to violate the $12 contract price cap: Local electricity prices continue to track the new global gas price shock higher: On a QTRMA basis, $100MW/h prices are double what they should be.

I spoke about the upcoming budget and the immigration overflow during an interview with Sky News’ Danica De Giorgio on Monday night.