Australian (ASX) Stock Market Forum

Brexit OUT of EU: What happens now?

We have to work out a long term sustainable plan for us, CSL was a great Aussie story, that now lives in the U.S.

The first thing Australia has to do IMO, is sort out its education system, not all our kids a geniuses why send them to Uni?

Get back to basics, get the Government to take some infrastructure building back in house and take on apprentices , there will be a lot of apprentice recruitment companies wont like it, stiff $hit.

Get back to a sustainable economy, not a dig and ship economy.
 
Looks like there may be trouble brewing in U.K Labour, poor old Keir is finding it is difficult to please everyone, all the time.


Keir Starmer is struggling to quell chaos in his Cabinet today amid claims Angela Rayner is jockeying to replace him.

The PM signalled an extraordinary U-turn on cuts to winter fuel allowance yesterday as he bowed to a growing revolt on his benches.

And the humiliating move could only be the start with signs Sir Keir is also considering giving ground on the two-child benefit cap, amid alarm at Labour's poll plunge.

The pressure intensified as it emerged Ms Rayner's office wrote to embattled Chancellor Rachel Reeves in the Spring urging her to hike taxes again instead of cutting welfare.

The Deputy PM's aides have denied leaking the memo, and argued that such discussions are routine within government.

However, some Labour MPs believe that Ms Rayner is 'on manoeuvres' to ensure she does not have 'blood on her hands' from failed policies.

The winter fuel allowance move was seen as an humiliation for Ms Reeves - who is at a G7 meeting in Canada.

Stripping around nine million pensioners of the payments was one of the first announcements the Chancellor made after Labour's landslide election victory last year.

Former Labour prime minister Gordon Brown underlined demands for the two-child benefit cap to be lifted overnight - something Sir Keir has resisted up to now.

Making his winter fuel announcement at PMQs yesterday, Sir Keir said he understood 'that people are still feeling the pressure of the cost-of-living crisis, including pensioners'.

He added: 'As the economy improves, we want to make sure people feel those improvements in their days as their lives go forward. That is why we want to ensure that, as we go forward, more pensioners are eligible for winter fuel payments.'

The move could open the door for ministers to back down on an overhaul of disability benefits, which has seen a large number of Labour MPs threaten to rebel.
 

London | Britain will build roughly a dozen new attack submarines as it moves to a state of “war-fighting readiness”, Sir Keir Starmer will say later Monday, as he begins what he claims will be a major rearmament program.

The UK prime minister, speaking at the launch of a long-awaited strategic defence review, will promise major investment in submarines, long-range missiles, cyber defence and £1.5 billion ($3.1 billion) on at least six new munitions factories
 
U.K clamping down on illegal immigrants.
More than 6,000 people have been arrested as part of a major crackdown on illegal working in Britain over the last year, according to the Home Office.
Videos, released on Saturday, show raids on nail bars, restaurants and caravan parks across the UK, including in east London and Surrey.

The Government said the surge in enforcement visits since last July had led to a 51% rise in the number of arrests compared to the year before.
Across Britain there have been 9,000 raids by immigration officers, resulting in 6,410 arrests.
 
The U.K still has immigration issues, obviously no one has told them the U.K is in a worse situation than Europe.


Dozens of migrants were seen wading neck-deep into the sea off Calais to board a dinghy to cross the English Channel to reach Britain.

Images on Monday showed women, children, and men in orange life jackets attempting to climb onto a small rubber boat in the water as French police blocked the crossing action.
Officers in diving gear could be see watching on from the shore and a rescue boat as the migrants were stopped and led back to the Petit-Fort-Philippe beach in Gravelines.

Some had children sitting on their shoulders while others reached out their hands to help others around them step off the boat and into the water.

In other shocking images, children were seen crying as they were pushed through the Channel with their heads barely held above the water's surface.

The waters remained in calm conditions in the 26C Calais heat today, but concerns are rising as the weather is set to take a turn for the worse in the coming days.

It comes as more than 28,000 migrants have crossed the English Channel in small boats this year.

The latest Home Office statistics show that almost two-fifths of those who claimed asylum in the UK in the 12 months to June 2025 arrived via small boat.

As of August 20, 27,997 migrants had crossed the Channel in small boats in 2025, up from 18,342 for the same period in 2024.

It means more than 50,000 migrants have come to the UK via this route in the 403 days since Labour came to power in July 2024.

It is not the first time that the 50,000 threshold has been passed in 403 days.
 
anyone remember this clown? Sadly some are still damaged

from unherd

My Corbynista shame; Vapid slogans don’t a party make​

Poppy Sowerby

28 August 2025​


I have a confession. When I was a nerdy ingénue at an all-girls’ public school, I went to two Jeremy Corbyn rallies. At one, I drank too much and threw up on my shoes. They were suede brothel creepers.

It feels good to get this off my chest. Being swept up in the Corbyn frenzy of 2015-17 was borderline compulsory for posh teenagers queasy about their own privilege. It gave me some distinction among friends whose only impression of this strange, shabby Islington MP was that he was determined to take away their holiday homes. This was an embarrassing chapter in my life, during which I never left the house without a velvet choker — the fashion at the time.
That first wave of Corbynism, like my predilection for chokers, was doomed. It insisted on ideological positions untethered from reality, its adherents allergic to the views of those outside the morally pure vanguard. The frenzy of Corbynistas was vibes-based, conviction-lite and fact-free. The faces of that movement were young, vital and countercultural; it was them versus the Tory gammons and the square New Labourites. For a teenager, the choice was obvious. Of course, none of those yelling “Oh, Jeremy Corbyn” to the tune of Seven Nation Army at Glastonbury had a handle on the catastrophic economic vision of John McDonnell. Nor would one expect them to; how do you find the time to read a manifesto when you spend all day skulking around the Dalston Oxfam?
“How do you find the time to read a manifesto when you spend all day skulking around the Dalston Oxfam?”
Now a chaotic new Corbyn party — a venture with the Coventry MP Zarah Sultana — claims once again to have the answers to Great British inequality and division, this time in an even more vicious political landscape as Reform paws at the door. Proving its proletarian credentials, the provisionally named “Your Party” is offering strangers on the internet the opportunity to suggest its official name. Unfortunately this does not appear to be a straightforward voting system – Party McPartyFace would inevitably result – rather, YouGov has listed some of the top suggestions being mulled over by top brass. Among them are The Collective (which sounds like a high-markup coffee shop in Hackney Wick), Arise (a yuppie pilates studio) and The People’s Party. This latter one, the favourite among those YouGov surveyed, is an interesting choice. How many People’s Parties the world over have ended up being brutal authoritarian juntas? Heed the rule of thumb: parties and states with promising names — “people’s republics” and so on — are often anything but. Just saying.
Once christened, the first hurdle, a rite of passage on the hard-Left, will be surviving infighting. Last week, a squabble straight out the gate showed “Your Party”was still in the mire over antisemitism. Sultana had told the New Left Review that during his time leading the Labour Party, Corbyn had “capitulated to the IHRA definition of antisemitism” (Corbyn adopted the definition in 2018). She went on to describe his leadership as, of all things, “conciliatory”. For those keeping score, it is worth remembering Corbyn’s interview with Piers Morgan days after October 7, 2023. “All attacks are wrong,” was his response. Pushed repeatedly to condemn Hamas, he refused. Some conciliation.
If these early tiffs don’t kill it in the cradle, “Your Party” could be a disruptor. It has already had fairly buzzy beginnings: despite the perceived chaos, at the time of writing, more than 700,000 people had signed up on the website to register their support (though it’s worth remembering that unlike other parties, it does not charge for membership). Ipsos found that 20% of voters would be “very or fairly likely” to back the party — and 33% among those aged 16-34. Corbyn told Tribune magazine that these potential voters were responding to the usual shopping list of gripes: high bills, high rents, sewage in the waterways. He added: “Plenty of good comrades have approached me over the years suggesting that there needs to be a new political voice in this country,” citing his retention of the Islington North seat as an independent. Seen from Upper Street, the future of socialism is bright.

But the Londoners who cling to Corbyn — he himself admitted they made up an outsized proportion of those who had registered interest in the new party so far — are still the feckless, limp normies voting not for “the many” but against their parents. For them, politics is simply another opportunity for self-expression. Since Corbyn was booted off his perch, these types were left to whinge about gentrification and the scourge of landlordism while moving their Oka furniture into ex-council flats in Mile End and paying £15 for pan con tomate. Feckless, ridiculous, but harmless. It is one thing droning on about cultural imperialism at a flat-roofed pub, and quite another being given a genuine political soapbox. Taking them seriously is so 2015. Next!
More so than ever being on the hard-Left is now an empty identity marker, almost guaranteed never to be tested. This is precisely what makes it so appealing to the middle classes: it is a shortcut to radicalism without any personal risk. The movement is emotionally seductive, an imitation of Seventies socialism with the reading comprehension of today’s youth. And with no answers on immigration, welfare abuse and feminism — “trans people are human beings” was Corbyn’s glib response to the Supreme Court decision on the definition of biological sex — it is structurally hollow. One gust of realism on any of these issues, and it topples.
A decade on from the initial wave of Corbynism, Your Party wants to meet Britain’s new challenges with a suspiciously 2015-esque agenda: Sultana has proposed a “resolutely anti-racist and pro-trans socialist programme”. So let’s look at what’s on the to-do list as summer winds down in the UK: protesters surround hotels filled with migrants; pedestrian crossings are painted with the St George’s flag; Nigel Farage announces plans to introduce “mass deportations”. Directives to be kind can no longer mollify the working-class communities — Labour heartlands — inflamed by demographic upheaval. Corbyn’s metropolitan socialist movement is disgusted by the concerns of those communities, disappointed that they have strayed so far from his tutelage, that they are not the “good comrades” of Soviet fantasy. What’s the plan, Jezza?
https://unherd.com/2025/06/when-andrew-tate-met-bonnie-blue/?ref=refinnar
Predictably, this time round Corbyn continues to be paranoid about a conniving press (maybe he and Donald would get on?). He told Tribune: “Many in our media struggled to understand the idea of letting ordinary people shape the future of our party. For the 650,000 people who signed up, it wasn’t so hard to understand.” It is the same reasoning which scuppered the project in 2017 and 2019; again, the real villains are the newsrooms stuffed with cackling hacks throwing darts at Corbyn’s photograph, too venal or too stupid to admire his gleaming vision for a fairer world. And again, we get the same old utopian twaddle about “ordinary people” as a benevolent, uncorrupted but misled mass. These peaceable working men and women just want affordable housing, clean rivers and for everyone to get along, yeah? If they’re angry about the small boats, it’s only because of that dastardly Lord Rothermere. Ordinary people have simply been led astray, and their unsavoury concerns can be wafted away with a stick of incense and a bung of Universal Basic Income. Your Party is bringing a water pistol to a civil war, and in so doing will split the Left and hand the keys to Farage. For this, the migrants will not thank them.
Until then, the movement will serve its true purpose: to make its members feel good about themselves while letting “ordinary” communities roil with discontent. Criticism from the mainstream will only enhance the pleasure. It’s already starting: to crack open the comment section of Jezza’s Instagram page is to be hit with the stench of self-satisfaction. It’s a dumpsite of half-baked sloganeering: “United we rise. Decided we fall,” writes one typomaniac (it’s hard to text one-handed); another, responding to a mini-debate on the efficacy of wealth taxes, trumps their opponent with the scorcher: “Carry on [as] cheerleaders for the big guns… it makes you look great.” How politics looks, remember, is its most important metric. “You think a man who fought Apartheid is worse than the current PM who has allowed genocide?” bleats another, perhaps the only Briton who still believes our leaders can sway global policy. Starmer, why the hell haven’t you just told Bibi to pack it in, you massive fascist? It’s no small irony that one of the issues that killed Corbyn off is the one that’s breathing new life into his insurgent party.
Your Party begs a fundamental question for our time, one also being posed by Reform: what’s the benefit of a political movement “run by the people” when those people are so fatally misinformed? And why lean on the “ordinary” masses when they never chose you at the height of your powers? That the party is emerging from its shell as immigration once again becomes a national flashpoint is a grim omen. Once again, the hard-Left will ponder itself to death. Launder your class guilt elsewhere, Corbynites. We’ve seen this film before, and we all know how it ends.


pulse of the nation
 
Top