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The Turnbull Government


True, but sadly Australians are going to jump from the frying pan, into the fire
 
Electricity prices will go high enough in future decades.
I won't derail this thread too much, there's a separate thread for energy, but I'll say this.

Renewables are one of the reasons power prices have increased.

Network costs, retail competition and a lack of planning are all much bigger costs that are being passed onto consumers however and each of these is either costing more than it should or is totally unnecessary in the first place.

None of the major parties is capable of fixing it given that any rational solution is at odds with the party's broader ideology. Labor would have the best chance from an ideological position but they're still quite some way away from what's needed.

Only way it'll be fixed in my view is as a result of a major crisis. Economic recession and a need to focus on making Australia more economically competitive would be one possible trigger. Major system failure affecting NSW and/or Vic would also probably do it. Financial failure or sudden withdrawal of a major player is another possible trigger.

In the absence of such a trigger we'll muddle along much as we've been doing until something drastic happens.
 
Renewables are one of the reasons power prices have increased.

Anything new costs more originally untill the costs are spread out over the lifetime of the infrastructure.

Interesting to see that the cost of Snowy Hydro 2.0 is expected to be double that originally announced, and that is hardly new technology, but the point is why didn't they get the costing right in the first place ?
 

Wasn't it the same players who took to CSIRO a few years ago?
 
I won't derail this thread too much, there's a separate thread for energy, but I'll say this.

Renewables are one of the reasons power prices have increased.

.............

I would have heaped the major reasons as being : cash cow, private enterprise price gouging, oligopoly, govt revenue raising.

Who wouldn't put redundant infrastructure (e.g. poles and wires) in place when you can sell it at three times the cost to the consumer block with no other choice
 
Banana Republic anyone? I'm guessing Captain Tobias Wilcock will be front of the queue. Deskilling of Oz continues........

http://www.theaustralian.com.au/bus...s/news-story/8c586a81982ab1cf4d0d767e5c3114fc

 
Govt still factionally infighting , this time about carbon credits.
 
Turnbull obviously letting his ego run away with itself, decides to bring his personal favorite into play, the Australian Republic.
Where he can sit up there and swan it over the masses, what a dick.
At least Labor only want a Republic, so they don't have to answer to anyone, for stupid brain farts.
Malcolm may want to be el presidente, but IMO it is the last thing Australia needs, they are all useless.

https://thenewdaily.com.au/news/national/2018/01/01/turnbull-postal-survey-republic/

Jeez Silly Billy, is even starting to look good, to me.
What a sad state of affairs, this will have to down as the most uninspiring era of Australian politics.
2007- 2018 just very sad Government.IMO
Non had a plan, non had a goal, non had vision and what do we have, nothing.
Actually we do have something, an absolute mess.
That is why our stock market has gone no where, because nobody has any confidence, there is no direction no commitment no vision for a future.
Just senseless rhetoric, about social obligation and reform, nothing about our economic structure and its transformation as manufacturing declines.
 
Quote: sptrawler
....Actually we do have something, an absolute mess.
That is why our stock market has gone no where, because nobody has any confidence, there is no direction no commitment no vision for a future...
Yes, and compare with the US Dow Jones, hitting new records weekly. We are in dire straights under Lib Party owner/proprietor Malcolm Turnbull. But one thing might save him. Utterly terrifying the prospect of a Bill/Tanya ALP government, and the Unions and the Greens running the country again. Taxation and electricity kWh bingo. And the borders, wide open again.
 

Tanya and Wong are way more dangerous than anything the unions could dish out.
 
Any forecast on house prices and effect of policy thereon, is speculative opinion.

...even (probably especially) if that opinion is "official "
Yeah I have to agree. Too many variables. Personally I'd jack rents to cover costs. So someone is going to wear it.

Labor is desperately looking for anything to smear the libs with after their bad run.
 
Yeah I have to agree. Too many variables. Personally I'd jack rents to cover costs. So someone is going to wear it.

Labor is desperately looking for anything to smear the libs with after their bad run.

Seeing as most negative gearers appear to be public servants, my guess is that we would wear it in the form of increased govt salaries to offset the interest payments.

As I see it, the govt has to weigh the cost of public housing and the bureaucracy that is attached to it versus slum lords who only maintain buildings if they get public money to offset it with some profit added in.
 
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