Australian Federal Election - 2022

[wayneL]

Anthony Albenese said in an interview with Deborah Snow that he wants a legacy.

The legacy he seeks will be "transformation of the economy to a clean energy economy that has things made here."

I like the fact he has a vision of what he wants to do. The other guy doesn't seem to have one.

Laudable. However we are going to need cheap energy to buy bread made things here. Although I would like to see how they can achieve both cheap and clean. Fantastic if possible but from what I can clean around the world it doesn't seem to be achievable.

What else comes with that though, that's what worries me.

I'm still voting minors with libs labour and green last

 

[moXJO]

Talk is cheap.
Is there policies yet to back it up?

 

[sptrawler]

Talk is cheap.
Is there policies yet to back it up?

That's the issue, Australia and the West has spent the last 40 years sending manufacturing to cheap labour countries, the only one who tried to reverse it by imposing tariffs was shouted down for doing it and thrown our.
Now all of a sudden everyone and their dog are saying they will do it, chook fodder for the media.

 

[IFocus]

Talk is cheap.
Is there policies yet to back it up?

Talk, BS and pamphlets is all we have had for 3 terms realistically you need to be in government to have the resources to develop real policy some thing Morrison hasn't done.

1st the vison then the plan then action, let face it Morrison has none.

 

[sptrawler]

Talk, BS and pamphlets is all we have had for 3 terms realistically you need to be in government to have the resources to develop real policy some thing Morrison hasn't done.

1st the vison then the plan then action, let face it Morrison has none.

Maybe if Shorten had put these ideas up last election, we wouldnt have had to put up with Morrison for three years?

 

[moXJO]

Talk, BS and pamphlets is all we have had for 3 terms realistically you need to be in government to have the resources to develop real policy some thing Morrison hasn't done.

1st the vison then the plan then action, let face it Morrison has none.

That's the exact reason why "talk is cheap".
The things he mentioned seem polar opposites. Solar and manufacturing don't generally go hand in hand. Sounds like bs to me.

 

[SirRumpole]

That's the exact reason why "talk is cheap".
The things he mentioned seem polar opposites. Solar and manufacturing don't generally go hand in hand. Sounds like bs to me.

Manufacturing solar power equipment ?

 

[moXJO]

Manufacturing solar power equipment ?

No, being powered by solar/renewable. It's not happening at any great speed.

It's a "vision" already being implemented and would probably take a couple of terms. Albo just "thought bubbled" something we are already moving towards.

 

[basilio]

That's the exact reason why "talk is cheap".
The things he mentioned seem polar opposites. Solar and manufacturing don't generally go hand in hand. Sounds like bs to me.

Twiggy Forrest is doing exactly that in Gladstone.

Twiggy finds a partner for massive Gladstone 'gigafactory' - InQueensland

<span style="font-weight: 400;">Andrew Forrest’s Fortescue Future Industries has struck a deal with the Nasdaq-listed Plug Power the build the Gladstone electrolyser factory.</span>

inqld.com.au

 

[basilio]

Labour will officially launch its' election campaign today.

I think the policy of helping low-middle income earners buy a house using 30-40% Commonwealth equity loan funds will cut through.

Essentially an massive interest free equity loan which reduces home purchase costs and gives first home buyers a realistic chance of owning their own home. Well targeted. Well needed.

Labor to help low and middle income earners buy home with shared ownership scheme​

Anthony Albanese will unveil $329m Help to Buy housing initiative as the centrepiece of Labor’s campaign launch in Perth

Anthony Albanese will provide help for Australians on low and middle incomes to buy houses by giving eligible applicants a commonwealth equity contribution of up to 40% of the purchase price of a new home, and up to 30% for an existing home.

The Labor leader will unveil the new $329m housing initiative as the centrepiece of Labor’s official campaign launch in Perth on Sunday. If Albanese wins on 21 May, Labor’s new shared equity housing policy will be implemented in addition to the Morrison government’s First Home Guarantee scheme.

Labor to help low and middle income earners buy home with shared ownership scheme

Anthony Albanese will unveil $329m Help to Buy housing initiative as the centrepiece of Labor’s campaign launch in Perth

www.theguardian.com

 

[Knobby22]

That's the issue, Australia and the West has spent the last 40 years sending manufacturing to cheap labour countries, the only one who tried to reverse it by imposing tariffs was shouted down for doing it and thrown our.
Now all of a sudden everyone and their dog are saying they will do it, chook fodder for the media.

Only the Labor party are saying they will do it for new manufacturing. There is is Liberal policy to encourage Australian manufacturing 1.3 bil to put in moderm plant. Labor said they will invest 15billion in Australian manufacturing plus put in laws for the government to preferentially buy from Australian firms.

That used to be the case but I can tell you it doesn't exist federally anymore (as a consulting engineer) and I am not sure why it was removed unless it was some free trade treaty or some multinationals influenced the government.

 

[moXJO]

plus put in laws for the government to preferentially buy from Australian firms.

That used to be the case but I can tell you it doesn't exist federally anymore (as a consulting engineer) and I am not sure why it was removed unless it was some free trade treaty or some multinationals influenced the government.

They had problems with supply last time they did it and costs blew out. Project delayed also due to supply constraints.

 

[Knobby22]

They had problems with supply last time they did it and costs blew out. Project delayed also due to supply constraints.

Makes sense and not surprised. They need something more nuanced.

 

[moXJO]

Makes sense and not surprised. They need something more nuanced.

It made a mess at the time. I'd be worried about cost blow-outs again. A lot of kick backs to "friendly entities" went on as well. Get ready to position yourself for some fast government money

 

[sptrawler]

They had problems with supply last time they did it and costs blew out. Project delayed also due to supply constraints.

Exactly we installed locally manufactured plc's and had to replace them with O/S units when the company went belly up and couldn't supply support. It's a great idea, but in practise we found that other than small scale mechanical manufacturing, the cost impost and technically inferior product cost a lot lot more.

With regard the suggestion that the Feds go 40/60 on home loans, that would want to be well thought out, the two issues that I can think of is a further increase in house prices as there is yet more stimulus and secondly who manages the defaults?
The concept is great as usual, the problem as usual will be in the implementation, which in the past has been where all these ideas seem to fallon their ar$e.
It is somewhat like the NDIS, great idea, then the blow out as the 'entrepreneurs' works out how to milk it.

 

[wayneL]

They had problems with supply last time they did it and costs blew out. Project delayed also due to supply constraints.

And there's the rub. "Vision" is all fine and dandy, but often it subject to the law of unintended consequences.

These things need to be through and Australians shouldn't be tricked by platitudes.

I'm all for what elbow sad but there must be something more comprehensive in their plan... There are a lot of moving parts in there.

 

[Knobby22]

Exactly we installed locally manufactured plc's and had to replace them with O/S units when the company went belly up and couldn't supply support. It's a great idea, but in practise we found that other than small scale mechanical manufacturing, the cost impost and technically inferior product cost a lot lot more.

With regard the suggestion that the Feds go 40/60 on home loans, that would want to be well thought out, the two issues that I can think of is a further increase in house prices as there is yet more stimulus and secondly who manages the defaults?
The concept is great as usual, the problem as usual will be in the implementation, which in the past has been where all these ideas seem to fallon their ar$e.
It is somewhat like the NDIS, great idea, then the blow out as the 'entrepreneurs' works out how to milk it.

It can be done successfully but you have to be careful.
Thete have been a number of success stories over the years but following is a recent one.

Home - Urban-al

URBAN ALUMINIUM FUTURE SMART. Australian designers and manufactures of aluminium Multi-function “Smart” Poles and architectural aluminium light poles Urban-al

www.urban-al.com.au

 

[Knobby22]

And there's the rub. "Vision" is all fine and dandy, but often it subject to the law of unintended consequences.

These things need to be through and Australians shouldn't be tricked by platitudes.

I'm all for what elbow sad but there must be something more comprehensive in their plan... There are a lot of moving parts in there.

It's better to be ambitious than the opposite though.
They are keeping it a bit under wraps to be a small target.

 

[sptrawler]

It can be done successfully but you have to be careful.
Thete have been a number of success stories over the years but following is a recent one.

Home - Urban-al

URBAN ALUMINIUM FUTURE SMART. Australian designers and manufactures of aluminium Multi-function “Smart” Poles and architectural aluminium light poles Urban-al

www.urban-al.com.au

Like I said, local production of small manufactured goods was fine, we bought light poles and had control cabinets, vacuum tube HV switchboards etc locally manufactured.

These were locally produced PLC's, the programming was clunky, the command execution time was average, but we did use local and tried to patronise them, but it is difficult when off the shelf Allen Bradley or several others were available. Eventually they went under.

What we need to do is focus on what we have an advantage in and develop that, not try and beat others who have massive advantage of scale and market dominance, we should be value adding to our raw materials and associated industries that would feed that process. IMO
There are companies like Imdex, Redflow, that are producing and developing complimentary products.

 

[PZ99]

Exactly we installed locally manufactured plc's and had to replace them with O/S units when the company went belly up and couldn't supply support. It's a great idea, but in practise we found that other than small scale mechanical manufacturing, the cost impost and technically inferior product cost a lot lot more.

With regard the suggestion that the Feds go 40/60 on home loans, that would want to be well thought out, the two issues that I can think of is a further increase in house prices as there is yet more stimulus and secondly who manages the defaults?
The concept is great as usual, the problem as usual will be in the implementation, which in the past has been where all these ideas seem to fallon their ar$e.
It is somewhat like the NDIS, great idea, then the blow out as the 'entrepreneurs' works out how to milk it.

I wouldn't go with the 40/60 on home loans.

I would try the first home buyers' grant (if it's still there) but not pay the grant until 1 or maybe 2 years after they bought the house. This avoids the further increase in prices by removing the buying power and more importantly provides relief against future rate rises.

The provision of raiding your super should be the same - only enable its use to offset higher future repayments rather than just paying it upfront