Australian (ASX) Stock Market Forum

The Turnbull Government

Yes we need someone who is articulate, astute, head strong, visionary, displeases everyone equally, tells corporate leaders and commo union leaders where to go and makes parliament sittings interesting :rolleyes:

And so, so very handsome to boot :D
 
Bill Shorten says: "
Do you have any idea what the current government position is? I think it is a fair point, but when you ask us what we will have to do to agree with them, what is their current position?

On Tuesday Mr Turnbull said an emissions target must be legislated. Then he said to not legislated would be an assault on democracy. Then Friday he was prepared to assault democracy. Today, we have our best hieroglyphics alternatives out trying to understand the merchant bankers’ gobbledygook policy this morning. When you have an alternative, come and talk to us. When the Prime Minister says bipartisanship is beyond us, that is unfair. We have been willing to consider whatever proposal they come up with. They don’t have a functioning proposal. Mr Turnbull sat down with us, but that has changed, I can’t keep up with the internal warfare”
Liberal party kicking own goals now.
 
Little confidence is right! But nobody that believes electricity prices are coming down, any time soon. Except perhaps Daniel Andrews.

But the punters will go ahead and vote Shorten anyway, as if that will make electricity any cheaper. The renewables target will rise big time under Labor.

Renewables are the scapegoat, the elephant in the room is that we have an aging electrical grid that requires new generation in some form or another, regardless of replacement source energy prices were going to increase anyway. Anything to distract from the fact we've had the lowest wage growth under this government and their fix is to give company tax cuts in hope some of the cream trickles down to the average worker.
 
Little confidence in the electorate on reducing electricity prices and elected members copping that feedback from their electorates is my guess.
Thing is, electricity in Australia wasn't broken until politicians deliberately broke it against the advice of everyone from engineers to unions.

Before all that began it was one of our national strengths, having the third cheapest electricity in the OECD, beaten only by NZ and Canada with their much greater share of cheap hydro power when compared to Australia. So we were doing it extremely well and that's despite the challenge of low population density.

We have the engineering expertise and we have an abundance of natural resources both conventional (eg coal) and unconventional (eg tidal) suitable for the production of electricity so of all possible problems we may have in Australia quite simply electricity should not be one of them.

Floods, droughts, bushfires and being remote from other major countries are real problems we'll always struggle with but when it comes to electricity, that's a completely manufactured problem that simply should not exist.:2twocents
 
Renewables are the scapegoat, the elephant in the room is that we have an aging electrical grid that requires new generation in some form or another, regardless of replacement source energy prices were going to increase anyway. Anything to distract from the fact we've had the lowest wage growth under this government and their fix is to give company tax cuts in hope some of the cream trickles down to the average worker.
It's not only merchant bankers that do gobbledygook! You forgot to bag AGL and the other power companies, which is the other diversionary tactic. Point the finger at everyone else, that's the strategy.

What do you think is holding up "..new generation in some form or another". Plenty of coal and uranium in the ground.
 
It's not only merchant bankers that do gobbledygook! You forgot to bag AGL and the other power companies, which is the other diversionary tactic. Point the finger at everyone else, that's the strategy.

What do you think is holding up "..new generation in some form or another". Plenty of coal and uranium in the ground.

This is true, I heard Andrews on the radio earlier putting the blame squarely on the energy companies.

It doesn't matter what is holding up the new generation other than to say we require new generation and regardless of energy source our bills are going to increase accordingly, it just becomes a question of how much, how clean do we want it and how secure do we want the energy source.
 
This is true, I heard Andrews on the radio earlier putting the blame squarely on the energy companies.

It doesn't matter what is holding up the new generation other than to say we require new generation and regardless of energy source our bills are going to increase accordingly, it just becomes a question of how much, how clean do we want it and how secure do we want the energy source.

Government funded generators gave up cheap power for decades. Instead of waiting for energy companies to decide how much they want to rip us off governments should just get the best engineering advice and build the generators of the future whether it be gas, solar, wind, nuclear or whatever.

The LNP are too stifled with "free market economic theory" to contemplate such initiatives lest it detract from their business mate's profits, so it looks like it's going to be up to the next Labor government.
 
Government funded generators gave up cheap power for decades. Instead of waiting for energy companies to decide how much they want to rip us off governments should just get the best engineering advice and build the generators of the future whether it be gas, solar, wind, nuclear or whatever.

I'll post some more detailed comments in the energy thread but what most ordinary people are likely missing in this debate is that price is really a sideline and something that should be easy to fix.

Things falling apart physically is a far bigger problem......
 
Govt already ahead of Paris agreement ...... this bloke says so:


that is so funny, don't worry we are meeting it, as the people who told me so, said it was so, so did my wife when she told me a huge a big one, while shagging the guy with an actual big one.
Please, is this the quality of representatives that are looking after this country
 
That's the interesting bit now, and who else??

All done very quickly with the media outside.

Who cares? The Libs are imploding and the circus rolls on. If the best they can offer for PM is the Village Idiot then they don't deserve government, even though the other side looks fkn awful too. Interesting scenario is if Dutton rolls Turnbull and Turnbull quits forcing Wentworth by-election the Libs may struggle to hold Wentworth which would force a general election.

What a waste of our money; it's just a big taxpayer funded circle-jerk. They're the best advertisement for why anyone with half a brain would never go into politics.
 
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