- Joined
- 26 March 2014
- Posts
- 20,962
- Reactions
- 14,058
More competition these days.For a simpler example of all this, trams.
Go back a century or so and many cities built extensive tram systems covering a wide area.
Most of those systems were decommissioned, and usually physically dismantled, within a relatively short period during the 1950's. Many consider that to be a mistake, a view I agree with subject to the detail of any particular circumstance, and have called for the re-introduction of trams.
So why can't we just put the trams back?
Well a tiny amount has been done but here's the problem, it cost an outright fortune to do it and in at least one case it hasn't even been built in a durable manner, meaning ultimately it will have to be done again.
So a century ago society could effectively and economically build tram systems. It wasn't just Melbourne, the other capitals had them to and even much smaller places such as Geelong, Bendigo and Launceston had their own tram systems, typically run by the council with inherently limited financial resources.
Today however trams are $ billions projects to build a tiny length of track. It's cost prohibitive to reinstate even part of the former network despite a far greater population base over which to spread the cost and the great advances in construction machinery that, in theory at least, ought make the job easier.
Explain that and there's the answer.
the point is this country is into a technical/engineering decadence.More competition these days.
Australians prefer cars and therefore roads.
But while a communist of some sort government, China is pure capitalistic as an eco system...
The success of China is the success of primal capitalism, a jungle fight and a government who is forward looking
that's on top and above.Think tank warns China’s industrial subsidies threaten 73,000 Australian smelting jobs
"
China’s industrial subsidisation spending now exceeds its defence budget and threatens to devastate Australia’s smelting and refining regions unless urgent government intervention occurs, according to a McKell Institute report released on Wednesday.
The think tank warned that 73,000 jobs across regional Australia are at risk from Beijing’s “geoeconomic interference”, with some towns potentially losing up to 11 per cent of their population if key facilities close.
McKell Institute chief executive Ed Cavanough said China’s strategy aims to onshore global heavy industrial capacity whilst limiting manufacturing viability in competitor economies. “Currently, the government is playing industrial whack-a-mole – working with individual refiners to preserve individual plants as they come under threat,” Cavanough said.
The report highlighted South Australia’s vulnerability, warning Port Pirie could lose around 2,000 residents – its most economically productive families – in the first year following a smelter closure.
The institute recommended the federal government acquire equity stakes in supported businesses, review anti-dumping frameworks, strengthen domestic procurement requirements, and mandate that a proportion of raw materials extracted in Australia must be refined domestically.
Cavanough said the approach represented a shift from reactive responses to structural action. “If the Commonwealth government is serious about preserving Australia’s capacity to manufacture metals – as it should be – then we need decisive structural action now,” he said."
..................................................................................................................................................................................................................................Think tank warns China's industrial subsidies threaten 73,000 Australian smelting jobs - Australian Manufacturing Forum
China’s industrial subsidisation spending now exceeds its defence budget and threatens to devastate Australia’s smelting and refining regions unless urgent government intervention occurs, according to a McKell Institute report released on Wednesday. The think tank warned that 73,000 jobs across...www.aumanufacturing.com.au
A "pure capitalistic" economy does not subsidise at all, it lets companies fend for themselves.
This is clearly not what is happening in the case of China.
Well it isn't as though we haven't known this is happening and it's going to get worse.Think tank warns China’s industrial subsidies threaten 73,000 Australian smelting jobs
"
China’s industrial subsidisation spending now exceeds its defence budget and threatens to devastate Australia’s smelting and refining regions unless urgent government intervention occurs, according to a McKell Institute report released on Wednesday.
The think tank warned that 73,000 jobs across regional Australia are at risk from Beijing’s “geoeconomic interference”, with some towns potentially losing up to 11 per cent of their population if key facilities close.
McKell Institute chief executive Ed Cavanough said China’s strategy aims to onshore global heavy industrial capacity whilst limiting manufacturing viability in competitor economies. “Currently, the government is playing industrial whack-a-mole – working with individual refiners to preserve individual plants as they come under threat,” Cavanough said.
The report highlighted South Australia’s vulnerability, warning Port Pirie could lose around 2,000 residents – its most economically productive families – in the first year following a smelter closure.
The institute recommended the federal government acquire equity stakes in supported businesses, review anti-dumping frameworks, strengthen domestic procurement requirements, and mandate that a proportion of raw materials extracted in Australia must be refined domestically.
Cavanough said the approach represented a shift from reactive responses to structural action. “If the Commonwealth government is serious about preserving Australia’s capacity to manufacture metals – as it should be – then we need decisive structural action now,” he said."
..................................................................................................................................................................................................................................Think tank warns China's industrial subsidies threaten 73,000 Australian smelting jobs - Australian Manufacturing Forum
China’s industrial subsidisation spending now exceeds its defence budget and threatens to devastate Australia’s smelting and refining regions unless urgent government intervention occurs, according to a McKell Institute report released on Wednesday. The think tank warned that 73,000 jobs across...www.aumanufacturing.com.au
A "pure capitalistic" economy does not subsidise at all, it lets companies fend for themselves.
This is clearly not what is happening in the case of China.
Of course, but you can't call it "capitalism".Well it isn't as though we haven't known this is happening and it's going to get worse.
The 'capitalists' will ride the the horse into the ground and then just move onto another horse.Of course, but you can't call it "capitalism".
no it is called socialism or rotten capitalism, deciding who the winner is, energy wise, 30y ago, based on net zero, subsidies and regulatory issues , but also in many other areas in the west.Of course, but you can't call it "capitalism".
f the gas company can pay less tax, they will, that's their job.
Absolutely, it's the Governments responsibility to look at the long term ramifications, but Governments have tried to outsource that to the companies.Of course, but it's up to the government to ensure that what companies do is in the national interest.
Well, the government has set the precedent by promising Glencore a AUD600million lifeline to keep the Mt Isa copper smelter going according to The AFR .Absolutely.
And on the same note:
Gas crisis threatens Whyalla rescue bid, steel giant warns
Australia’s top steelmaker has urged the Albanese government to stare down gas exporters and force them to cut prices if it wants to prevent factory closures.www.theage.com.au
Australia’s largest steelmaker, BlueScope, warns a shortage of affordable gas on the eastern seaboard could prevent it from lobbing a bid to rescue the collapsed Whyalla steelworks, as it steps up calls for the Albanese government to force prices lower.
BlueScope is leading a consortium that’s considering a joint bid to buy the beleaguered South Australian steel mill, which had been owned by British billionaire Sanjeev Gupta but was placed into administration this year.
but but solar farms, windmills and imported batteries of course Mr RumpoleWhat's the alternative when gas runs out I wonder?
First a few pictures.What's the alternative when gas runs out I wonder?
i was going to pick a " i love" or "I laugh" meme for that video but it is truly abysmal in its accuracy and revelation of pathetic management.As I said, it's not just Snowy 2.0
The entire process by which government runs physical works is flawed.
As we keep saying, these days to be successful in business or politics, it is all about presentation and optics, not about outcomes.i was going to pick a " i love" or "I laugh" meme for that video but it is truly abysmal in its accuracy and revelation of pathetic management.
people keep banging about how expensive the average house is, how young generation is doomed by $1m average house.
if the overrun of ONE office renovation budget by the RBA is $1 billion or 1000 average house, i guess average houses are pretty cheap, should i say given?
and the budget overun on Snowy 2 is what a small town , 20,000 average houses?
To compare living standard, there is the hamburger index, we should use the average house index for infrastructure, which currently is focused on NetZero related projects, we do not build anything else in 2025 Australia
People have lost notion of money past the million dollar.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?