Newspoll did not grace us with its usual three-weekly presence on Sunday evening, but the weekly Roy Morgan can always be relied upon – as presumably can the fortnightly Essential Research, which should be reported tomorrow and previewed by the time most of you read this in The Guardian. Roy Morgan finds the Coalition opening up a 51-49 lead on two-party preferred, after trailing 50.5-49.5 last time. However, this is down to changes in the respondent-allocated preference flow rather than the primary vote, on which both Labor and the Coalition are up half a point, to 30.5% and 38% respectively, with the Greens steady on 14% and One Nation up half a point to 6%. The alternative two-party measure based on 2022 election flows has Labor leading 51-49, in from 51.5-48.5 last week. The poll was conducted Monday to Sunday from a sample of 1651.
The Guardian has also launched a federal poll aggregate, devised by the publication’s data journalists Josh Nicholas and Nick Evershed together with Luke Mansillo of the University of Sydney, based on a model developed by the latter together with political science doyen Simon Jackman. Strikingly, it credits the Coalition witha two-party lead of 51.4-48.6, based on polling data up to and including last week’s Roy Morgan result. That the Labor primary vote of 27.5% is half a point lower than any poll published during the past term presumably reflects the fact that Labor significantly underperformed the polls at both the 2019 and 2022 elections. However, recent state elections have offered no further evidence for bias on such a scale.
On this point, a comparison of performance at the Queensland election by Resolve Strategic, presumably intended to blow the pollster’s own trumpet, demonstrates that the industry did rather well across the board. The national figures from The Guardian aggregate are also worse for Labor than the accompanying state breakdowns, although the latter only track as far as September.
Further:
• Proposed new federal boundaries for the Northern Territory were published in October 18. These predictably dealt with the need for the Darwin-based seat of Solomon to gain voters, and Lingiari to lose them, by transferring the outer suburbs of Palmerston, inclusive of Yarrawonga, Farrar, Johnston and Zuccoli, to Solomon. Antony Green calculates that this increases Labor’s margin in Lingiari from 0.9% to 1.7% and reduces it in Solomon from 9.4% to 8.4%.
• Matthew Denholm of The Australian reports Brian Mitchell, who maintains Labor’s increasingly tenuous grip on the central Tasmanian seat of Lyons, is “being strongly urged by federal figures” to make way for former state party leader Rebecca White, who has been a member for the corresponding state electorate since 2010. It is further reported that Mitchell would be willingly to go quietly, and that White is “understood to be willing to switch”, but “does not want a preselection stoush”.
• Matthew Denholm of The Australian also reports Anthony Albanese “blindsided” the Tasmanian branch of the ALP by announcing that Richard Dowling, adviser to state Labor leader Dean Winter and former director of public policy with Meta, would succeed Catryna Bilyk at the top end of the party’s Senate ticket at the next election. The report quotes Bilyk saying she had not said she was retiring as of yet, and that state MP Shane Broad and former Forestry Australia president Bob Gordon had been floated as potential successors if she did. However, Dowling was “assured the position as the choice of the Right faction’s Australian Workers Union”, a fact which was “not widely known within the party” until Albanese made it so.
• Andrew Clennell of Sky News reports a Liberal preselection vote for the Hunter region seat of Paterson, held for Labor by Meryl Swanson on what I calculate to be a post-redistribution margin of 2.5%, was won by Laurence Antcliff, operations manager at the Housing Industry Association. Antcliff reportedly won a preselection vote by 24 to 16 ahead of local doctor Owen Boyd.
• The above report further notes that Lucy Wicks, who lost the Central Coast seat of Robertson to Labor in 2022, is considered the front-runner in a preselection ballot for the seat to be held on November 16. She is opposed by Michael Feneley, a cardiologist who has run for the party five times in various seats, most recently in Dobell in 2022, and Bernadette Enright, a banking executive.
• David Gillespie, who has held the New South Wales Mid North Coast seat of Lyne for the Nationals since 2013, announced a fortnight ago that he will not recontest the next election.
Businesses were paid Jobkeeper payments.
Jobseeker is the name of unemployment benefits and retains that name to this day.
The fact that you don’t know this says everything about the bullshit you post here.
Albo’s another corporate puppet like Dutton – you can barely fit a 5c coin between these arse cheeks.
“ A bit like Dutton and Gina then?”
Yes, a lot like them. And that’s exactly why I don’t like Albanese.
#weatheronPB
Deeply nourishing,
thick, cool air fills the spaces.
Easily holding.
Peter Dutton sitting on Gina Reinhardts personal plane: I bet that Ed Husics advisor, who worked at a venture capital firm, who invested in a company that the Australian Government are investing a paltry sum in, is surely a conflict of interest.
Washington Post dumbest headline of the day (so far): Election Outcome now in Voters hands.
U.S. Capitol Police say the man was stopped Tuesday during a security screening at the Capitol Visitor Center. Authorities say he smelled of fuel and was carrying the flare gun and torch. Officials have canceled public tours of the Capitol for the remainder of the day. Police say they’re still investigating.
Morning all. I’ll be mostly on the other thread today when I’m posting.
Catching up with yesterday’s thread after I logged off I see I must withdraw a comment I made about new LNP premier Crisafulli breaking an election promise. My reading of a Guardian article was incorrect. I remain no fan of Crisafulli and a huge skeptic of what he is likely to do to the Qld economy in future.
Good morning Dawn Patrollers
Australians are traumatised by Middle East horrors. They deserve the facts, says Penny Wong in this op-ed. She concludes by saying, “On our own, we have little leverage to move the dial in the Middle East. That’s why our approach centres on building international support with other countries that want to end this war.”
https://www.smh.com.au/world/middle-east/australians-are-traumatised-by-middle-east-horrors-they-deserve-the-facts-20241103-p5knim.html
You can blame Albanese for all our woes … except the biggest one, writes Ross Gittins. He says that despite the unceasing criticism of a largely partisan news media, the Albanese government’s part in helping get inflation back under control has been as good as it’s reasonable to expect. And on almost every other matter Albanese has touched, he’s done far less than he should have. And in their time on the opposition benches, the Liberals and their Coalition partners have laboured mightily to make themselves more extreme and less electable.
https://www.smh.com.au/business/the-economy/you-can-blame-albanese-for-all-our-woes-except-the-biggest-one-20241105-p5kny1.html
Anthony Albanese needs interest rates to fall – if they don’t, his re-election chances certainly will, declares Karen Middleton.
https://www.theguardian.com/australia-news/2024/nov/05/anthony-albanese-needs-interest-rates-to-fall-if-they-dont-his-reelection-chances-certainly-will
A new tax worth tens of billions of dollars on fossil fuel exports would be much more effective in smoothing the green energy transition than the Albanese government’s Future Made in Australia subsidies, former Treasury secretary Ken Henry says.
https://www.afr.com/policy/tax-and-super/taxing-fossil-fuels-better-than-future-made-in-australia-ken-henry-says-20241105-p5ko27
Anthony Albanese is throwing the switch to campaign mode. His focus is Labor’s agenda for the next term and his real purpose is to speed up the Labor-Coalition election contrast. Albanese wants to break out of the current political cycle that points to Labor’s decline. In the process, writes Paul Kelly, Albanese is making two ambitious calls – the test of success is winning majority government in 2025 and that “the worst is behind us” on the inflation front. He wants to discount acceptance of minority government, aware it is the halfway station to defeat, and he wants to sell growing optimism about the economy.
https://www.theaustralian.com.au/commentary%2Falbanese-ignites-survival-strategy-with-high-risks-attached%2Fnews-story%2F0e5bc9d2f4a902508bc1e0e0ee214982?amp
There still be inflation sea monsters ahead for Captain Bullock, opines Shane Wright.
https://www.smh.com.au/politics/federal/there-still-be-inflation-sea-monsters-ahead-for-captain-bullock-20241105-p5knwh.html
According to Phil Coorey, Peter Dutton has warned his colleagues against being dragged into a debate over abortion, amid evidence the Queensland LNP’s dalliance with the issue cost it significant support in metropolitan seats in the final weeks of last month’s state election campaign.
https://www.afr.com/politics/federal/steer-clear-of-abortion-debate-dutton-warns-colleagues-20241104-p5knls
Greens party leader Adam Bandt has defended his party’s handling of bullying allegations against Senator Dorinda Cox and declared the embattled West Australian has his full support. But, write James Massola and Tom Compagnoni Bandt and his deputy, Senator Mehreen Faruqi, repeatedly ducked questions on Monday about the party leadership’s response to the allegations brought to his office by former Cox staffers, deferring to parliament’s support service.
https://www.smh.com.au/politics/federal/anatomy-of-a-deflection-how-bandt-palms-off-questions-on-party-bullying-allegations-20241105-p5knww.html
Ronald Mizen reports that the coalition transport spokeswoman Bridget McKenzie failed to declare more than a dozen free Qantas and Virgin flight upgrades since joining parliament in 2011, in a serious breach of disclosure rules. What a complete dope! And lazy to boot.
https://www.afr.com/politics/federal/mckenzie-failed-to-declare-more-than-a-dozen-free-flight-upgrades-20241105-p5ko4w
The budget plan to manage pandemic debts by temporarily expanding taxes has led Treasurer Tim Pallas to pull cash from government agencies. Water authorities were targeted most, explains Rachel Eddie.
https://www.theage.com.au/politics/victoria/your-water-company-is-paying-the-state-government-s-covid-debts-20241031-p5kn07.html
The ACT Greens will sit on the crossbench in the Legislative Assembly, after talks with ACT Labor failed to reach an agreement on the minor party’s role in government. Jasper Lindell writes that Labor’s Andrew Barr will have the Greens’ support to remain as chief minister and Labor will enter minority government. However, Mr Barr will no longer have his longest-serving cabinet colleague to draw on when he appoints ministers later this week.
https://www.canberratimes.com.au/story/8811742/greens-to-sit-on-crossbench-in-act-assembly-leave-cabinet/?cs=14329
In this article, Denis Hay explores the realities of living on the aged pension in Australia, highlighting the financial difficulties many retirees face. He delves into why the current system is inadequate, how it affects the everyday lives of seniors, and what can be done to ensure that Australians enjoy a dignified retirement.
https://theaimn.com/aged-pension-in-australia-makes-life-a-struggle/
Australian workers missed out on a record $5.2bn of superannuation that employers failed to pay last financial year, according to the Australian Taxation Office. The ATO has released the data on the superannuation “gap” in its annual report, which also reveals that $1.4bn is likely to go unpaid because it is owed by insolvent companies. That has renewed calls from unions, the Greens and the Super Members Council for super to be added to the unpaid wages safety net so that workers’ retirement savings do not take a hit when their employers go bust, but instead are topped up by taxpayers.
https://www.theguardian.com/australia-news/2024/nov/05/ato-unpaid-superannuation-employers-wages-safety-net
Paul Sakkal writes that the opposition is calling for a parliamentary inquiry into Industry and Science Minister Ed Husic’s handling of Labor’s $470 million quantum computing bet on US tech firm PsiQuantum, after it emerged his key adviser is a friend and former housemate of an executive at a venture capital firm that invested in the company.
https://www.theage.com.au/politics/federal/coalition-questions-whether-close-friendship-swayed-labor-on-470m-tech-contract-20241104-p5knpy.html
Angus Thompson reports that medical staff at five Sydney hospitals are demanding management explain the silent culling of hundreds of jobs from the network, as health districts come under increasing pressure from the NSW government to rein in spending.
https://www.smh.com.au/national/nsw/these-five-sydney-hospitals-face-staff-cuts-doctors-are-demanding-to-know-why-20241031-p5kmtd.html
Elizabeth Knight gives us the drum on why the Chairman’s Lounge is so valuable for Qantas.
https://www.smh.com.au/business/companies/the-truth-about-why-the-chairman-s-lounge-is-so-valuable-for-qantas-20241105-p5ko0l.html
The Albanese government’s plan to cut $16 billion from Commonwealth student debts has come in for strident criticism since the scheme was announced at the weekend. The federal opposition has branded the plan a desperate giveaway that is unfair because it only benefits about 3 million of the nation’s 21 million taxpayers. The SMH editorial says that policies that limit the debt burden on young Australians are a worthwhile investment in our future.
https://www.smh.com.au/national/give-them-a-break-cutting-student-debt-is-a-good-investment-20241105-p5ko4y.html
With a surge in student visa applications, Abul Rizvi analyses the causes and effects of the boom as the number of students being trapped in immigration limbo rises.
https://independentaustralia.net/politics/politics-display/third-stage-of-student-visa-boom-grinds-on-in-september,19139
Australia’s communications regulator has come under fire for failing to investigate “revolting” material aired on the Kyle & Jackie O show, including “sexist, racist, [and] misogynistic” content. In a Senate estimates hearing last night, the Greens senator Sarah Hanson-Young challenged the chair of Australia’s communications and media regulator, Nerida O’Loughlin, to read out a sample of comments made on KIIS FM’s flagship breakfast show in recent weeks. ACMA’s head responded with “I would prefer not to read it out.”
https://www.theguardian.com/tv-and-radio/2024/nov/05/media-regulator-cant-bring-herself-to-read-out-revolting-kyle-jackie-o-transcripts-in-senate-estimates-hearing
The Australian Federal Police is investigating 14 people for displaying terrorist symbols at a pro-Palestinian protest, while it launches a separate probe into whether Australians’ commentary about events in the Middle East has crossed legal lines. Natassia Chrysanthos tells us that deputy commissioner Ian McCartney revealed the investigations to a Senate estimates hearing on Tuesday, just over a month after the waving of Hezbollah flags and vigils glorifying slain Hezbollah leader Hassan Nasrallah reignited political debate about free speech and appropriate protest in Australia.
https://www.smh.com.au/politics/federal/police-investigating-14-people-over-displays-of-terrorist-symbols-20241105-p5ko45.html
Matthew Knott examines Caroline Kennedy’s suggestion for and “AUKUS visa” arrangement as we brace for the US election result.
https://www.smh.com.au/politics/federal/caroline-kennedy-calls-for-aukus-visa-as-canberra-braces-for-election-result-20241105-p5ko1j.html
Anthony Albanese’s defence shambles lying in plain sight for next president, write Greg Sheridan and when the dust settles on the US election, he says the Washington strategic class and decision-makers around either Trump or Harris will take notice it.
https://www.theaustralian.com.au/commentary%2Fanthony-albaneses-defence-shambles-lying-in-plain-sight-for-next-president%2Fnews-story%2F762eb983f38c804f703ffaafd055dedf?amp
Audio of extra gunshots was not added deliberately into three ABC reports on the Australian Army’s 2nd Commando Regiment in 2022, an independent interim report found yesterday morning. Callum Jaspan reports that the interim “Line of Fire” review, led by former ABC executive Alan Sunderland, was tabled in Canberra ahead of the public broadcaster’s appearance in front of a Senate estimates committee.
https://www.smh.com.au/business/companies/abc-commando-reports-were-not-deliberately-doctored-review-finds-20241104-p5knru.html
Israel has formally ended a decades-old cooperation agreement with the United Nations Palestinian relief agency (UNRWA) that covered the protection, movement and diplomatic immunity of the agency in Israel, the West Bank and the Gaza Strip. This, says Reuters, leaves millions at risk.
https://www.smh.com.au/world/middle-east/israel-ends-deal-with-un-palestinian-relief-agency-leaving-millions-at-risk-20241105-p5ko3r.html
Whoever wins the White House this week will have a testy former military general in Southeast Asia upsetting cosy international security notions of who likes who and how things are done, warns Duncan Graham who says Indonesia is embracing Russia, and BRICS to build trade.
https://michaelwest.com.au/us-president-beware-indonesia-joins-russia-brics-to-build-trade-military/
Recalling Kevin Rudd from Washington because of his past criticism of Donald Trump would be rash, said Dennis Richardson, Australia’s former ambassador to the US.
https://www.afr.com/policy/foreign-affairs/don-t-hit-the-panic-button-on-rudd-if-trump-wins-20241105-p5knz9
Maureen Dowd asked Trump a question about violence. His answer was honest, and chilling, she explains.
https://www.smh.com.au/world/north-america/i-asked-trump-a-question-about-violence-his-answer-was-honest-and-chilling-20241105-p5knxz.html
Cartoon Corner
David Rowe
Matt Golding
Michael Howard
Cathy Wilcox
Mark David
Fiona Katauskas
Geoff Pryor
Glen Le Lievre with a gif
https://x.com/i/status/1853561305011212796
Peter Broelman
Mark Knight
Spooner
From the US
https://legalinsurrection.com/2024/11/u-s-soldier-hurt-during-bidens-failed-gaza-pier-operation-has-died-of-injuries/
The tenants of the Gittens article are fundamentally correct including his discription of Jobseekers paid to Companies thru the tax (collection) vehicle by the words he uses (and to one contributor on this site, the question not addressed is why did (some only) Public companies repay (some only) of the jobseeker monies they received And how many did not repay all or any – including private companies?)
Gittens then presents that this government has only nibbled at the edges of the problems left by the 10 years of Tory, austerity government and, yes, more needs to be achieved
Then there is legislation delayed in the Senate, legislation the ALP took to the election
Simply, the myriad of problems left, starting with inflation, housing, climate, education and health were never going to be corrected in 3 years – made even more difficult by the opposition and their media who are correctly described by Gittins including unelectable
And that is the crux
Too influenced by business – well business is the employer when employment (and terms and conditions including security and wage increases exceeding inflation) has never been more important so you engage with business to get outcomes beneficial to citizens (and to business which survives on profitability and Capital and Reserves so a 2 way street)
Addressing climate is a transition, opposed however and wherever by Dutton (nuclear), that transition recognising community needs for secure sources of energy pending so a need for fossil fuels as an interim source The transition is reliant on private capital, so investment and it is the MO of Dutton to interrupt and deter this investment Which he unfortunately is (and, yes, I know people of wealth in that space)
In terms of “flicking the switch” on the issues Gittens correctly identifies there is also Budget constraint given the inflation inherited and there is restriction accordingly
The first issue of the day was inflation – because of the damage entrenched inflation (over the band because we all need some inflation to help us along)
The positive is that the tinkering around the edges identifies that government recognise the problems inherited and, quite frankly, the correction is successive terms of government, not just 3 years
The same with a CEO coming into a Company with fundamental problems – you do not enter that responsibility by immediately implementing – you get your feet under the desk and take time to identify how, what and where, identifying the required executive support and taking them with you in the implementation to resolution It is a process ticking off the markers on the journey (and you are reporting to a Board of Directors who report to Shareholders – the ultimate arbitrator). Some things you need to work with on an interim basis to ultimately achieve because there is no alternative pending, so it is degrees of progress never losing sight of the ultimate And sometimes things get in the way
That quote from Senator Wong is just BS spin to justify our Govt buying into the US alliance.
We should be an independent nation with our own values and regional partnerships.
“On our own, we have little leverage to move the dial in the Middle East. That’s why our approach centres on building international support with other countries that want to end this war.”
Penny Wong trying to assuage her own guilt with bullshit. We could apply pressure on Netanyahu by openly denouncing his war crimes and recognising Palestine without the bullshit caveat that it needs to done through a nonexistent peace process. That’s how we could support “other countries that want to end this war”. America is not one of those countries. If they wanted to, they could stop the war tomorrow with a simple ‘no bombs for you’ decision.
Penny Wong should retire to her nice new house with her nice family. She sold out her beliefs when she backed Labor’s anti- marriage equality stance, and she sold out her beliefs about the Gaza war. Or maybe she never had any beliefs. Maybe all she ever had was political ambition and a phoney act.
Eddy says:
Wednesday, November 6, 2024 at 9:07 am
“On our own, we have little leverage to move the dial in the Middle East. That’s why our approach centres on building international support with other countries that want to end this war.”
Penny Wong trying to assuage her own guilt with bullshit. We could apply pressure on Netanyahu by openly denouncing his war crimes and recognising Palestine without the bullshit caveat that it needs to done through a nonexistent peace process. That’s how we could support “other countries that want to end this war”. America is not one of those countries. If they wanted to, they could stop the war tomorrow with a simple ‘no bombs for you’ decision.
Penny Wong should retire to her nice new house with her nice family. She sold out her beliefs when she backed Labor’s anti- marriage equality stance, and she sold out her beliefs about the Gaza war. Or maybe she never had any beliefs. Maybe all she ever had was political ambition and a phoney act.
_________
Eddy’s winning strategy on the new strategy game: How to win friends and influence people – Global edition 🙂
And thanks BK! I suspect most of the action today will be on the US thread.
Rex @ 8.40am:
I’m pretty sure it was an alliance with the US (when our colonial masters abandoned us) that saved us from becoming an Imperial Japanese colony. Furthermore, we do have regional partnerships – the people of the Pacific Islands can attest to that.
Eddy @ 9.07am:
Netanyahu has made clear he will keep fighting regardless of what Australia thinks. Furthermore, the “simple ‘no bombs for you’ decision” you allude to is scarcely so – not only it will be politically unpopular (especially in the US), it would also send a message that Israel is fair game (and therefore make things worse).
As for you bringing up Wong’s initial anti-marriage equality stance (which she changed her mind on to her credit), let the man who has committed no sin cast the first stone.
Peter Murphy
@PeterWMurphy1
·
• Bridget McKenzie, Oppn Transport spokesperson, falsely claimed she’d received NO upgrades.
• She falsely claimed Bill Shorten needed to update HIS register.
• It’s now reported she received ELEVEN upgrades but is waiting on Qantas bc she may need to declare more! #auspol
Liars and the lies they tell for political advantage.
Eddy,
All YOU have ever had is spite, vitriol and Anti Labor hatred. Sad.
Albanese, Wong, Marles,and the gang have no shame, that’s for sure.
Declassified Australia@DeclassifiedAus
In this exclusive report, special correspondent Kellie Tranter, examines defence relations with Israel:
AUSTRALIA DEFIES U.N. IN DEFENCE TRADE WITH ISRAEL
Australia is continuing to expand its relationships with Israel’s defence sector, defying the UN’s International Court of Justice.
https://declassifiedaus.org/2024/11/05/australia-defies-u-n-in-defence-trade-with-israel/
C@tmomma, at least I don’t have your nasty right wing attitudes – victim blaming the poor for spending all their money on smoking, drugs, alcohol and gambling. Claiming there is no affordable rental crisis because you found a house, and the homeless like living in the forest with their pets. Claiming people aren’t doing it tough in this cost of living crisis because you went to a shopping centre and saw people buying stuff.
Anyway, if I want your opinion on anything I’ll just ask Albanese what he thinks.
Surely it’s time that Senator McKenzie was managed out of politics. Enough is enough.
A belated thanks for the roundup BK. Corruption is still a problem in Canberra after introduction of an ineffectual NACC. But Peter Dutton is not the solution to this problem:
“The Saturday Paper@SatPaper
Recently released data from the Independent Parliamentary Expenses Authority shows Dutton charged taxpayers a total of $224,700 for the use of VIP planes between February and August last year, reports @JasonKoutsoukis”
https://www.thesaturdaypaper.com.au/news/politics/2024/11/02/albaneses-growing-reputation-the-freebie-prime-minister
.
What sort of gutless klutz sends out a klutz to do his dirty work?
https://www.theguardian.com/australia-news/live/2024/nov/06/australia-politics-live-wednesday-labor-albanese-coalition-dutton-question-time-us-election
Great work by the Albanese Government to look after veterans and their families properly.
They inherited three separate bits of legislation, claimants having to hire experts to make a claim and a backlog of 42,000 unprocessed claims.
Albanese does nothing, nothing, nothing, nothing, nothing, nothing…
A lot of air travel by our parliamentarians isn’t necessary.
They have all the latest communication bells and whistles available to them now.
Air travel needs to be greatly limited.
I hope this tweeted chart comes out. It is an excellent explanation of the cyclical nature of housing affordability, showing average repayments versus both individual and household income. There is a problem right now, building over the past five years, but not permanently.
The tweet is here.
https://x.com/IFM_Economist/status/1851115769062703414
Guardian:
HC strikes down ankle bracelets, curfew on illegals, Goverment says new legislation ready to go.
UBS economist not expecting first rate cut until May
Michael Janda profile image
By Michael Janda
Abc Business today.
UBS’s George Tharenou has had a pretty good track record on interest rate calls over the past couple of years.
Even though, as all leading economists forecast, the RBA did not shift interest rates, Tharenou thinks the bank’s governor Michele Bullock said enough for him to change his current forecasts.
He, like the four big bank economics teams, was expecting the first RBA rate cut to occur at the February meeting.
But now he believes the RBA probably won’t start cutting until May.
“The RBA kept the not-ruling-anything-in-or-out line. That confirms the bank remains an outlier among central banks, as global peers have already started easing,” Tharenou wrote in a note dated November 5 and sent to media this morning.
“Previously, we flagged the risk of an even later start to the RBA cutting rates. Given the RBA’s surprising hawkishness today, we revert back to our prior view, and now expect the RBA will not cut the cash rate until a -25bps [basis points] easing in May-25 (was Feb-25).
“Thereafter, we still see the RBA easing cycle to be relatively gradual with -25bps per quarter, to a terminal low of 3.10% in Q2-26 (was 2.85%).
“However, this new view also incorporates a base-case of additional Government fiscal stimulus to come, following unexpected policy announcements recently.”
George’s reading of the tealeaves fits with my interpretation of what the RBA communicated during the governor’s press conference and in the 61-page quarterly Statement on Monetary Policy.
Federal labor cannot stop spending and also flooding Australia with more people.
Own Goals!
Weak as piss labor…
No more ankle monitors, curfews for freed detainees, High Court rules
Foreign murderers, rapists and other serious offenders released from indefinite detention will no longer have to wear ankle monitors or comply with curfews after the High Court ruled the measures were a ‘transgression of the constitution’.
The aus today.
Trump winning is very bad news for Albo, who will be terribly wedged.
How can you possibly align with a convicted felon and fraudster …?
Trump is actually going to win.
It is incomprehensible.
I am completely at a loss.
I suppose the only upside is that our next Prime minister, Dutton, will enjoy an excellent relationship with President Trump.
I officially don’t give a toss.
Problem for Labor is going to be voters have been hearing how Trump is going to usher in a fascist theocracy, when the wars end and none of the bad stuff happens, they’ll be looking pretty silly.
Albo is smart enough to buddy up to Trump, who should put Kevin Rudd on the first plane out, but probably won’t.
Labor should take a hint it has to stop ignoring the largest minority group and that royal commission.
pied pipersays:
Wednesday, November 6, 2024 at 12:52 pm
So something that is so authoritarian that it is unconstitutional is piss weak? Can we surmise that a hypothetical PP LNP would abolish the constitution?
Sports Rorts herself is complaining that the Federal Government is actually putting in the work to assess the viability of high-speed rail.
“Almost three years after Labor came to power on a promise to build the fast train, two drill rigs have begun geotechnical examinations on the Central Coast of New South Wales, the Albanese government announced on Tuesday, as its newly formed High-Speed Rail Association (HSRA) [sic] works on a business case for the project’s first stage.
The HSRA is investigating the “optimum route” between Sydney and Newcastle through rugged coastal inlets – an engineering headache which has led rail experts to call for the government to start with an easier stretch along the Melbourne to Brisbane route – before it delivers a business case to the government by the end of the year.
[…] (skipped for emphasis)
“Six holes in the ground at the end of the first term of the Albanese government is a Utopia-like stunt to suggest ‘work has started’ on a [sic] high-speed rail,” McKenzie told Guardian Australia.
“We are waiting for the Albanese government to provide any details at all on how they intend to fund a high-speed rail and then build it.
“Minister King can put out a press release with a stamp that says ‘work has started’ but until the prime minister comes clean on how he will deliver on his election promise, it is just another infrastructure fantasy project.””
https://www.theguardian.com/australia-news/2024/nov/06/drilling-for-sydney-to-newcastle-high-speed-rail-begins-but-labor-accused-of-uncosted-fantasy-project
Victoria sadly is down the toilet…
State tax grab leaves city property on its knees
Melbourne’s sinking property market is trapping new borrowers as Victoria becomes the worst state in Australia for mortgage arrears.
The Aus today.
Meanwhile, back in the real world, the Greens in the ACT have decided not to accept ministries in a Labor Greens government and will, instead, sit on the Very Cross Bench.
There were various lessons they could have learned from this election.
The one they have chosen is that Greens don’t do government.
They do student politics and protest.
Are we in for four years of delays, blocks, stunts and impossible demands?
Fantastic work by the Albanese Government to fix the injustices, incompetence, delays, mental and emotional stresses foisted by the Morrison/Dutton government on veterans.
1. Three acts combined into one.
2. Simplified processes.
3. Speedier processing.
4. Simplified claim processes.
5. An extra $220 million for veterans.
6. Enough public servants to actually do the processing.
7. Expanded range of claims and benefits.
The Albanese Government does nothing, nothing, nothing, nothing, nothing…
Sports Rorts Mckenzie, who can’t count past a single upgrade, is whinging about fast rail when the Morrison Government left the Inland Rail in a parlous state.
No shame. No competence.
So the plan is for the Greens to spend four years doing nothing much but stunt, delay and block, on the basis that this nasty obstructionism will force the Canberra electorate next time to understand that next time they will want to spend another hundred million on the environment, spend maybe 7 billion on 10,000 social housing houses, and build the light rail from Civic to Woden.
It is a plan that has been copied off Blocker Bandt and his Extreme Greens.
https://citynews.com.au/2024/obstinate-labor-pushes-greens-to-the-cross-bench/?utm_source=mailpoet&utm_medium=email&utm_source_platform=mailpoet&utm_campaign=canberra-daily-today-s-news-today_7801
Hey guys I’m not going to be around poll bladger abit listen the Trump winnings really bumming out but hey if they want to racist dumbass then they get what they want I’ve got to focus on myself because I have autism and I can’t keep having horrible thoughts about the world because I might do something horrible to myself I like to think that the world will be a better place and I want to try and hard to be in it the good news is I said my NDIS forms so who knows I’ll see you around guys the bad times won’t last
I feel much the same way Quentin, all I can say is hang in there and try switch off. I also have autism and struggle with the thoughts and the impending peril, and I find it extremely difficult to switch off, least of all because I find politics interesting and I’m passionate about it.
The world is a better place with you in it, do what feels right for you, immerse yourself in a hobby, and try and enjoy what good we have in the world right now 🙂
Mckenzie taking out the trash by admitting to 16 undeclared flight upgrades on the day nobody will notice.
The ALP Federal Government will be thanking the HCoA for releasing it’s judgement on ankle bracelets and curfews today so it gets buried.
How didn’t they see this coming and sort it out beforehand?
Fubar,
Minister Burke will be introducing legislation tomorrow supporting new regulations on this issue. Other measures are detailed in his statement this afternoon.
Hard to do anything until you know the decision I would think.
Cheers and a good afternoon to you.
It looks like Donald J Trump will be the next POTUS.
A supporter said that he supports Trump because he does what he says. So what can we expect him to do when he gets into the White House:
Dismantle Obamacare and introduce concepts of a plan to replace it
Turn the military on the enemy within
Pardon himself for every illegal thing he has ever done
Punish women for getting an abortion
Protect women
Conduct the biggest deportation of illegal immigrants the world has ever seen
Introduce tariffs on imported goods
Protect Christians
Finish the Ukraine war in a day
Avoid recession
Something about vaccines and JFK
Something about Elon Musk
Perhaps others can complete the list as I am sure I have missed things.
Congrats to the SACA’s giving the Vic’s a fair belting in both the one dayer and the shield match. Well played.
Hope Quentin and Bean and anyone else struggling today can get through it okay. Take it easy.
First Dog sums up the US election choices.
https://www.theguardian.com/commentisfree/picture/2024/nov/06/the-us-election-its-different-this-time