Australian (ASX) Stock Market Forum

The ScoMo Government

Jump to new
qldfrog said:
Wish you were right but:
Africa is nearer to market with sahara solar capacity
Click to expand...

We're not unique when it comes to our renewable energy options, but exporting energy as hydrogen is something Australia has been specifically considering.

Capture.PNG
 
My son asked if it is sarcasm,, you mean Australia like the driest place with hardly any infrastructure inland competing against hydro power for example.i like dreamers, we need some but i also like realism
The worst is as a taxpayer we will probably be asked to build more white elephants until an Hindelberg style Drama put back engineering first.for people unaware hydrogen leaks like hell and is not anywhere near like LPG ..
 
sptrawler said:
Very true explod, it is a huge problem in all the mature first world economies, outsourcing manufacturing leaves very little in the way of meaningfull work.
Australia is at a bigger disadvantage than most Countries, due to the distance to markets and the small size of the domestic market.
It will be difficult, even if new technologies open up new field of expertise, the world has become a small place.
So any new ideas are quickly picked up by companies, located nearer the markets, I really don't see how Australia can become a manufacturing Country again.
Hopefully Australia can forge out a niche in something.
Click to expand...

Yeah. Ok. I agree

The next real problem ? The overwhelming impact of AI and industrial automation.
Have a look at the impact that autonomous cars will have on the transport industry.
Look at the use of AI to take over whole swathes of jobs in the white collar area.
Australia has lost it's manufacturing and textiles industry. Mining is very mechanised. Farming ditto. Where are our new employment opportunities coming ?
 
You have to wonder just how deeply corrupt the Liberal Party has become.

Mathias Corman, The Finance Minister, directly booked family holiday airline tickets with the Chief Executive of Hello Travel (What!!?) and then, somehow, was never charged the $2780 for the tickets.

Somehow (?) he never realised he was getting a free holiday. Somehow Hello Travel didn't check it's books to realise they were giving the Minister and his family a free holiday.

And of course the fact that The Chief Executive of Hello Travel, Andrew Burnes, is a big Liberal Party donor/ Liberal Part Treasurer and the Liberal Party just happened to award Hello Travel sole rights to organise all government travel ... has nothing to do with this sorry story.

Truly this government stinks.
https://www.canberratimes.com.au/po...y-cormann-and-helloworld-20190220-p50z4q.html
https://www.abc.net.au/news/2019-02-20/mathias-cormann-overlooks-his-own-credit-card/10828226
 
basilio said:
Truly this government stinks.
Click to expand...

They certainly have a insane sense of entitlement and privilege.

Malcolm Fraser sacked Michael McKellar for importing a colour tv and declaring it was black and white to avoid duties, but anyone can get away with free rides as long as they are not found out.

Most politicians seem amoral these days, they just don't realise it from within the Canberra bubble.
 
SirRumpole said:
They certainly have a insane sense of entitlement and privilege.

Malcolm Fraser sacked Michael McKellar for importing a colour tv and declaring it was black and white to avoid duties, but anyone can get away with free rides as long as they are not found out.

Most politicians seem amoral these days, they just don't realise it from within the Canberra bubble.
Click to expand...

I don’t even think they care if their found out just add some spin....rinse repeat
 
The sad part Basilio is that i agree with you and if honest you will do the same with labour in power.
The left complains about the 1pc, the real issue is not the uber riches, they are so few and more often than do built their own wealth.but what is really costing the taxpayer and our society is the lines of parasites starting from council management level up to the top ,corrupt,sucking directly onto the taxpayer..and as a non left guy, i will add the illegal immigrants and others on centerlink for years..
There is a time when the tax payers have enough of the rort, corruption and abuses and there come Trump, brexit, yellow jackets...and if not acknowledged the next fascism.
Remember both Hitler and Mussolini were democratic popular movements..but let's blame the russians or China..actually not China..we have too much to loose
 
What makes me laugh is, all sides of politics are the same, yet they all shout down the other when they are caught as though it is an unusual event.
 
How "lucky" is the ScoMo government that Julie Bishop announces her retirement today ? (perhaps not...)
It might overshadow the bombshell Penny Wong dropped on the Senate Committee today.
 
Nothing to do with that Bas. It was the last day for her to retire as it was the last Parliament sitting.
I always thought Bishop was a good foreign minister and did her best for Australia.
 
Knobby22 said:
Nothing to do with that Bas. It was the last day for her to retire as it was the last Parliament sitting.
I always thought Bishop was a good foreign minister and did her best for Australia.
Click to expand...

This was not expected Knobby. The last statements from Julie Bishop were that she would contest the next election.

I reckon ScoMo has lost another 2% points with Julie gone. She had credibility and respect with all parts of the party, the Parliament and indeed the wider community. She was great fund raiser. She was also one of the few Liberals left who could be seen as centrist in a party that is most definitely lurched to the right.

It will be interesting to see what the next polls show, if the following questions are asked and what the responses might be. I think the Labour Party would be the first to commission such a poll. They would probably leak the results to the Libs ..:D

Questions

1) Did you know Julie Bishop the former Foreign Affairs Minister in the current Liberal/National Party government has decided to retire from politics and not stand in the coming general election. Yes/No

2) What was your opinion of the job Julie Bishop did as Foreign Minister. Exc// Very Good/ Ok/ Rather Poor/Very poor/Don't know

3) With regard to Julie Bishop not running for Parliament again. Does this action make you
a) More likely to vote for the LNP
b) Makes no difference to me
c) Less likely to vote for the LNP

4) Do you have any reasons for your answers to Question 3

https://www.abc.net.au/news/2019-02-21/julie-bishop-to-retire/10834480
 
With regard to the appalling behaviour of Mathias Cormann in somehow managing to get a free family holiday "off the back of a truck" without even realising it. :cautious:

Mathias has plenty of form when it comes to getting favours.

Mathias Cormann, the minister who watches the nation's credit card, overlooks his own
The Conversation
By Michelle Grattan
Updated Wed at 2:53pm

10707396-3x2-700x467.jpg
Photo: This is one more setback for Mathias Cormann, who has seen his reputation badly dented in the past few months. (ABC News: Matt Roberts)
Related Story: Cormann says he calls travel company boss direct when he wants to go on holiday
Related Story: Cormann spent $37,000 on flights to spruik now-abandoned tax plan
Related Story: One call from Mathias Cormann could have changed the course of history
Mathias Cormann's 2018 family holiday in Singapore is costing him a good deal more than the $2,780.82 he belatedly paid for airfares booked with Helloworld travel company's chief executive, who happened to be the Liberal Party Treasurer and a mate.

Senator Cormann, the Government Senate leader, said he gave his credit card number to Andrew Burnes in July 2017 and assumed — until a media query this week — the transaction had gone through. He received no reminders about the outstanding payments.

He also said he had nothing to do with handling a contract his Finance Department awarded a subsidiary of the company around the same time.

In his explanation for not noticing he hadn't been charged, Senator Cormann told a Senate estimates hearing on Tuesday that he travelled a lot and many travel-related expenses went through his card.

https://www.abc.net.au/news/2019-02-20/mathias-cormann-overlooks-his-own-credit-card/10828226
 
Final thoughts on Julie Bishop, the Triple F situation (Free Flights Fiasco.) and ScoMo government.

Until very recently Julie Bishop had explicitly stated she would stand for re-election. This was despite the disrespect she endured during the Malcolm Turnball coup.

However I believe the FFF crisis has destroyed the last vestiges of respect she has for the current government and current Ministers. She has decided she won't be part of such an administration and rather than continue to support the unsupportable she will gracefully withdraw. She could quite easily have stayed for the election supported the government, won her seat and then, perhaps, resigned in mid term.

But make no mistake. Everybody knows .;) Don't be surprised if other political commentators also join the dots. In my mind they are very close.
______________________________________

PS Post election justice scenario.

PM Bill Shorten immediately initiates an inquiry into Joe Hockeys behaviour as US ambassador over the Hello World scandal. He appoints Julie Bishop as US ambassador in his place to near universal approval..:laugh:
 
Last edited:
You're a fan of Julie Bishop @basilio ???
You do realise she was a Managing Partner of Clayton Utz. Her brother is also a a partner.
She woulda been a Managing Partner when Clayton Utz were defending big tobacco and caught shredding documents during trial?
 

Similar threads

bigdog
Bill Shorten: High Flying Fake Or The Worker's Friend
Replies
5
Views
2K
Investoradam
Investoradam
bigdog
J Capital Research
Replies
1
Views
2K
greggles
greggles
R
The 7 Moats of Quality Companies
Replies
7
Views
7K
divs4ever
divs4ever
M
The Night of the Long Prawn
Replies
0
Views
3K
Michael Cornips
M
R
Multiple Sclerosis: If you know of any MS patients
Replies
4
Views
6K
noirua
noirua
Top