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Tag Archives: Campbell Newman

How do you starve a region of jobs? Just vote LNP!

Most Australians want a good quality of life and a good standard of living. To achieve this, the availability of jobs in any region is essential. The Liberal National Coalition Government always, always claim to be the Party to look up to when it comes to jobs and business.

We see the main stream media support this claim with positive spin after positive spin in favour of the LNP or derogatory headlines and stories about Labor. I often wonder if there is a statue of Tony Abbott in the foyer of The Australian or a statue of Campbell Newman and Joh Bjelke-Petersen in the foyer of The Courier Mail; where journalists begin their day by bowing to these statues and vowing to serve them through the course of their duties. Then there are those in the voting public who believe what the Liberal National Coalition say about how they understand business and are great for jobs and repeat it without question.

If you are creating a wealth of jobs, jobseekers must be just lazy…right?

When the LNP believe that they indeed are the best party for jobs and business, it then leads to a false dichotomy that those on unemployment must simply be lazy and that they simply don’t try enough. Obviously the LNP are in charge, so of course there are plenty of jobs to apply for!

Based on this false dichotomy, the LNP’s approach to assisting the unemployed jobs is to starve community programs of funding and punish the hell out of jobseekers by implementing the worst jobseeker support program in Australia’s history “Job Active.” Commentary on social media welfare sites from program participants, suggests that Job Active agencies are more focused on who they can get to pull out weeds for free under Abbott’s work for the dole program, than any real constructive assistance.

Commentary and anecdotes on social media also point to a system where there is no money to assist jobseekers find real work and assistance for study is not supported (unless it is pointless in-house training). With the Newman Government’s changes to vocational education over the last three years coupled with the Abbott Government’s punitive Job Active program, Jobseekers living well below the poverty line must pay out of their own pocket up front costs or pay the course off, as there is no HECS or HELP deferral scheme for many vocational education courses. Those on welfare need to weigh up their options between being able to afford food and housing or an education. As an Australian, I find this absolutely abhorrent and 100% unacceptable and this destroys this our way of life.

The Palaszczuk Labor Government has just delivered their first budget by Treasurer Curtis Pitt and have invested 34 Million to begin the repair of our vocational sector and TAFE, to provide real training options for jobseekers. I hope that this will be extended to ensure affordable access for everyone who has the right to an education, including those on welfare payments.

Sadly, also on social media you read the stories of many jobseekers who are anxious, depressed, frustrated, upset and at times indirectly or directly discussing suicide or ‘not living anymore’ as an option. This is how they are feeling as jobseekers under the Job Active program. Some of the comments I have read and the stories collected by the Australian Unemployment Union are absolutely heart-breaking.

Nothing like a bit of stigma to get those jobseekers moving…

To degrade the unemployed even further, in some towns like mine you are given a Basic’s card. Welfare recipients are given a cashless card and a small amount of cash. This leaves the jobseeker with very little real money to make purchasing decisions with. The Basics Card also seeks to stigmatise the jobseeker by giving them their own identifier which allows every shop assistant and member of the public at the checkout know that they are on welfare.

Couple this with the rhetoric that comes from the agenda of stigmatisation from the Liberal Government such as backbencher Ewen Jones who said: “look there’s your dole, go home, eat Cheezels, get on the Xbox, kiss you goodbye and we will never see you again’?” Add the sensationalisation of welfare recipients on television and so called ‘current affairs shows’; welfare recipients using a basic card, will be seen automatically by some as no good, lazy, bludging welfare thieves. Terminology used by many avid Liberal supporters which places those on welfare in a criminal category. Welfare recipients are not often seen as human beings who desperately want and actively seek work.

There is absolutely no option for those on welfare to blend in or not stand out as a recipient of welfare. This completely undermines the right to dignity and respect without judgement for so many Australians. Under the LNP their reasoning is to shame you into finding a job every time you stand at the checkout. The other misunderstanding about the Basic’s card, is that it is available everywhere. There are only a small number of shops and services which allow purchase with a basics card. This often forces the jobseeker, living below the poverty line, to spend money at more expensive stores. In some towns, they have no options at all. This places pressure on their already meagre budget.

So lets see… who should really be punished. Is it the jobseeker or the Government? I have completed an analysis of job vacancies in my local area of Central Queensland to find out.

Where have all the jobs gone… Long time passing

The availability of jobs is essential to a productive economy and enables the unemployed to actively apply for employment. Plentiful job vacancies also enable career development for the employed looking for jobs to advance their career. This opens up lower level jobs for others to apply for. In many cases, highly skilled workers are stuck at the lower end of their professions and not moving on as there are no jobs available to apply for. This puts a constraint on jobseekers seeking entry level jobs. It also puts a constraint on highly skilled jobseekers who also find themselves in the employment queue and now find themselves pulling weeds under work for the dole.

The graph below is job vacancy data for Central Queensland from March, 2012 to January 2015 of the Newman LNP Government and the new Labor Government from Feb 2015 to May 2015. This is where the data availability ceases. There is no data available after May, 2015, but I will be providing follow ups as it comes to hand. (you can click the photo to enlarge). I have completed an analysis on Central Queensland for two reasons. One is, it is the area I live in and I am very passionate about Central Queensland and the second is to bring some truth to light about how the Newman Govt affected regional areas. Many believe that due to the Public Service cuts and media around protests, it was mainly Brisbane which had felt the impact. This is not so.

 

job vacancy growth decline blog

Some Interesting Facts that may get the way of a good LNP Yarn.

Interesting Fact Number 1.

An analysis of job vacancy data for the period of the LNP Newman Government shows a dramatic decline of job vacancies for Central Queensland. Data available up until May, 2015 shows that in the first four months of the LNP Newman Government, Central Queensland Job vacancies declined by 378 vacancies. After one year of the Newman Government, there were 1781.7 less job vacancies for Central Queenslanders to apply for. By the end of the Newman Government, there were 2198 less job vacancies advertised in CQ than when the LNP took office.

By comparison, in the first five months of the Palaszczuk Labor Government, Job vacancies have turned around and job vacancies have increased by 218 jobs for the CQ region in this short time.

Interesting Fact Number 2.

The sharpest decline in job vacancies for any month-to-month period was the period of November to December 2012, which saw a 16% decline in one month for Job Vacancies for CQ jobseekers, under the LNP.

In comparison, the Palaszczuk Labor Government has achieved the highest increase of job vacancies for any month-to-month period for the CQ Region, over the last three years. For the period from February to March 2015, Job Vacancies in Central Queensland saw a sharp increase of 16%. This is the highest job vacancy increase for any month-to-month period, since March 2012. In a few short months, the Labor Government has achieved what the Newman Government could not achieve in their entire period in office. That is, “to understand business and create jobs.” This is an absolute positive and speaks volumes of the quality of MPs within the Palaszczuk Government. The graph below shows only job classifications with an increase of 20 job vacancies or more. This is not an exhaustive list.

 

increase Labor feb march

 

Interesting Fact Number 3

During the period of the LNP Campbell Newman Government, job vacancies in Central Queensland declined by 56%. To put this in real terms, that is 2198 job vacancies not open for Central Queenslanders to apply for under the LNP. The graph below demonstrates the top 15 job classifications which experienced a decline in job vacancies over the period of the Newman LNP Government. The only job classification which experienced an increase in job vacancies under the Newman Government were: Farmers and Farm manager (0.9 increase); Carers and Aides (9.2) Education Professionals (12.2 increase) and Medical Practitioners and Nurses (12.8 increase) These figures are raw numbers, not percentages. If we look at the success of the Newman Government for Central Queensland, their achievement is basically an increase of 35 job vacancies across four job classifications, and a decline in all other job vacancies for their entire period in Government.

 

job vacancy decline newman

 

 

Interesting Fact Number 4

In the first four months of the Newman Govt, job vacancies in Central Queensland fell by 10%. In the first four months of the Palaszczuk Govt Jobs vacancies in central QLD increased by 13%

Are Jobseekers as Lazy as the LNP Claim them to be and should they be punished?

The term LNP has been used interchangeably throughout this post, meaning the Liberal National Coalition State and Federal. The LNP use a synthesis of blame and stigma to take the focus off their failings. The LNP repeat the misguided rhetoric that they are ‘good for jobs’ without question and place blame on everyone else, including the unemployed. As the data analysis of Job Vacancies for one area in Queensland show, the Abbott Government’s punitive approach is completely uncalled for. The harsh welfare measures implemented do nothing but feed into the Abbott Government’s agenda of Stigmatisation of those on welfare. Why? Because there are no better votes for the LNP those those created out of hate, disgust and fear.

My Conclusion? If you want to starve a region of jobs. Want to punish the unemployed unnecessarily – Just vote for a Liberal National Government!

Stay tuned for more analysis drilled down on specific classifications and other nerd-filled data excitement!

Originally posted on Polyfeministix

 

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Ooh Ah James McGrath

When Queensland Liberal Senator James McGrath gave his maiden speech in July last year, Doug Cameron described him as a “fruit loop ” and a “Tea Party extremist.” Perhaps the best appraisal of the speech was by James Colley in his article “Senator James McGrath Is Your Newest Reason To Swear Loudly At The TV.” (worth the read)

The newly elected Senator wasted no time in dramatically outlining his priorities branding himself as a crusader against tyranny.

“The ‘Hundred Years War against Tyranny’ continues today on three fronts: first of all Islamist fundamentalism intent on caliphates destroying Western civilisation, especially religious freedom; secondly, democratic governments restricting freedom of speech and association, betraying hundreds of years of liberty; and, finally, leftists delegitimising all views other than their own, especially in media and education.

Whether I serve here for 16 days or 16 years, I shall always judge myself on how I have battled against tyranny and fought for the axis of enlightenment—that is, liberty of the individual, a free market, small government and low taxes. I will let others badge and brand and box me, as, in my great broad church that is the Liberal Party, my pew is a moveable feast. I have campaigned against dictator-loving Islamist fundamentalists in the Maldives; Sinn Fein- and PLO-supporting Labour candidates in London; and godless rebranded communists in Mongolia—not to mention the Queensland branch of the Australian Labor Party!

My life has not been about the pursuit or gain of power but to confiscate power back from government to free people.

From the dockyards of Kronstat to the editorial desk of The Age, the Left always want to control and brutalise. By restricting freedom of speech, they are building Australian gulags for words and thoughts.”

But apparently this freedom does not extend to the ABC who McGrath threatened during his speech saying

“I want to support the ABC. I like the ABC. Yet while it continues to represent only inner-city leftist views, and funded by our taxes, it is in danger of losing its social licence to operate. I am calling for a review of the ABC’s charter. And if they fail to make inroads to restore balance, then the ABC should be sold and replaced by a regional and rural broadcasting service. In the meantime, Triple J, because of its demographic dominance and clear ability to stand on its own, should be immediately sold.”

McGrath is now back in the news bemoaning the supposed bias of the ABC’s Q&A programme.

Q&A is the only television program where members of the public can directly ask questions of our elected representatives. The topics and panel members are usually chosen in response to concerns raised on social media, or events such as the budget or the writer’s festival, or to coincide with the visit of different experts or celebrities.

We have a chance to watch the body language, to see rare glimpses of unscripted responses, to hear differing views from other members of the panel.

The program is usually broadcast from the ABC’s studios in the Sydney suburb of Ultimo. Anyone wishing to be in the audience can fill in a form on the program’s website, which as well as asking for contact details, asks some questions relating to the applicant’s political views to help “select a diverse and well-balanced audience”.

Perhaps people from the right of politics are not the questioning kind or have no interest in taking part in something on the ABC. They most certainly are invited.

The most frequently-appearing panellists on Q&A, as of 9 March 2015, were

Coalition: (Total 149)

Christopher Pyne (21), Malcolm Turnbull (21), Barnaby Joyce (16), George Brandis (15), Joe Hockey (14), Julie Bishop (12), Greg Hunt (11), Sophie Mirabella (11), Amanda Vanstone (10), Kelly O’Dwyer (10), Tony Abbott (8)

Labor: (Total 112)

Tanya Plibersek (21), Bill Shorten (16), Penny Wong (14), Craig Emerson (12), Graham Richardson (12), Chris Bowen (11), Tony Burke (9), Kate Ellis (9), Lindsay Tanner (8)

Minor parties:

Christine Milne (10), Clive Palmer (8)

The Australian:

Janet Albrechtsen (12), Greg Sheridan (11), Judith Sloan (9)

The Guardian:

David Marr (9)

Author:

Germaine Greer (9)

By my count, that is 189 appearances from the right and 140 from the left.

Maths isn’t the only questionable thing about Senator McGrath.

McGrath spent his earliest political days as a teenager, doing volunteer campaign work for the Liberals in the seat of Toowoomba North. “One of those nerdy kids who are right into politics”, he joined the Young Liberals, who he describes as the “true bearers of the flame of liberty and freedom”, while he studied law at Griffith University.

After working on the unsuccessful Liberal campaign in the 2002 South Australian state election, McGrath eventually ended up director of political strategy for Boris Johnson in his successful bid in 2008 to become mayor of London.

Following the election on May 1, McGrath became Johnson’s chief political advisor in office, but it was less than two months before he was sacked.

Johnson had an uneasy relationship with the city’s black community having, as a journalist, previously described black Londoners as “picanninies” and “Africans and their watermelon smiles”.

When, in an interview, it was suggested to McGrath that some black Britons might leave the country if Mr Johnson became mayor, he responded: “Let them go if they don’t like it here.”

McGrath was sacked soon after the matter became public.

Mr Johnson said in a statement that if Mr McGrath had stayed, his comments would have provided “ammunition” for critics of his mayoralty.

McGrath didn’t return straight away to Australia, instead running a successful 2008 election campaign in the Maldives and an unsuccessful one in Sri Lanka in 2009.

Amidst widespread pre-poll violence, allegations of vote-tampering and intimidation in the Sri Lankan election, Mr McGrath, who was working as a campaign adviser to the opposition, blamed Rajapaksa’s domination of election coverage on Government-owned media.

”The coverage Rajapaksa got on state media just destroyed us,” he said.

I would have thought the intimidation and alleged fraud may have been greater concerns but, for a man who mentioned Mark Textor as a teacher and mentor in his maiden speech, I suppose it’s all about the ads.

In 2010, Brian Loughnane suggested McGrath for the job of running the LNP’s federal campaign in Queensland.

In 2011 the then 38 year old campaign director was revealed as the architect behind a scheme to pay disgruntled former Labor staffer and candidate Robert Hough for dirt on government MPs.

The LNP dirt file detailed a minister’s epilepsy and childhood adoption, claims about some politicians’ sexuality, sex lives, drinking habits and health matters, and included details of the schools of the children of government MPs.

Senior LNP figures including president Bruce McIver and aspiring premier Campbell Newman denied knowing about the dirt files until The Courier-Mail raised the matter.

They said LNP campaign director James McGrath and state director Michael O’Dwyer had been “strongly reprimanded” for commissioning the $3075 research but would not be sacked.

The saga came after Mr Newman had accused Labor of unleashing a dirt unit against him and his family after weeks of attention focused on his personal financial interests.

He labelled Premier Anna Bligh as a “sleaze bucket” and said the state was run by “drunks, punks and desperadoes”.

The message seems to be financial dealings are sacrosanct but personal gossip is an acceptable weapon.

Far from this shameful episode ending McGrath’s political career as many suggested it would, we now see him elected to the Federal Senate where he is pushing for the GST to be raised to 15% and broadened to “cover everything”, the abolition of payroll tax and the reduction of company tax, the abolition of the federal departments of health and education, with universities also to be run at a state level, the abolition of compulsory student unionism, and the repeal of Section 18C of the RDA.

“Each year, I will be compiling my own red-tape report to keep my government and my party on the Hayek road—away from serfdom and towards lower regulation, lower taxes and smaller government.”

I will close with the words of Doug Cameron who was “gobsmacked” by Senator McGrath’s maiden speech.

“These are the people that are supposed to be the high-calibre Liberals. If this is the high-calibre Liberals I’d hate to go to a Liberal party branch in Queensland and see the low-lifes in operation.”

Think very carefully, Queensland

When Queensland goes to the polls next Saturday they will be voting for their future – the future of their freedom, their democracy, their environment, the Great Barrier Reef, and their children.

Because of Queensland’s chequered political history and the behaviour of the current government, all political parties were recently asked to acknowledge good governance obligations expressed in very simple terms; that is, to:

  • make all decisions and take all actions, including public appointments, in the public interest without regard to personal, party political or other immaterial considerations;
  • treat all people equally without permitting any person or corporation special access or influence; and
  • promptly and accurately inform the public of its reasons for all significant or potentially controversial decisions and actions

Bizarrely, the Liberal National Party alone refused to commit to those constraints or to explain its reasons though Newman, under pressure at the leader’s debate, seemed to change his mind (possibly).

It is effectively telling voters that, if it is elected, it will do as it pleases; in effect, it will continue the behaviour which marked its first term and led to its heavy losses in recent by-elections.

With its single house of Parliament and history of political malpractice, Queensland is especially vulnerable to the misuse of political power.

In an article titled “Queensland political ethics: a perfect oxymoron”, Tony Fitzgerald recently said of the Newman government:

“During its brief term in power, the present government treated the community with contempt. From behind a populist facade, it engaged in nepotism, sacked, stacked and otherwise reduced the effectiveness of parliamentary committees, subverted and weakened the state’s anti-corruption commission, made unprecedented attacks on the courts and the judiciary, appointed a totally unsuitable chief justice, reverted to selecting male judges almost exclusively and, from a position of lofty ignorance, dismissed its critics for their effrontery.”

The Q Forum has raised millions of dollars for the Queensland LNP and helped make the party the richest single political organisation in the country, according to the latest Australian Electoral Commission figures.

In July the LNP changed electoral disclosure laws to increase the threshold at which donations had to be declared, from $1,000 to $12,400.

The figure has since been inflation-adjusted to $12,800.

As a result, public disclosures of donations have become far less detailed.

Former Fitzgerald Inquiry special counsel Gary Crooke, who helped jail Queensland government ministers over corruption in the 1980s, described fundraising by charging for access to ministers as a “cancer” that kept coming back in politics and a betrayal of a fundamental public trust.

“They’re at it again with bells on, running these things where they are selling no more and no less than the community’s property that they hold in trust, in order to feather the coffers of a political party,” he said.

Mr Crooke, who also served as Queensland Integrity Commissioner, said such practices were “so unethical and so much in breach of fundamental duty that there should be a law prohibiting it”.

Now we have the bizarre situation of Campbell Newman (and others) suing Alan Jones for his allegations that Newman lied to him about the New Hope mine before the last election.

The decision to allow Acland to mine another 3m tonnes of coal a year was announced on the Friday before Christmas.

New Hope and its parent company, Washington H Soul Pattinson, donated more than $700,000 to the LNP at a state and federal level between 2011 and 2013.

Asked if New Hope’s donations influenced the government’s approval, Newman said: “I will not be commenting on Alan Jones.”

Asked by Guardian Australia if LNP officials had indicated whether the party’s donations had risen since it raised the secrecy threshold, Newman replied that he had “no idea”.

Ian Walker took a donation from a board director of New Hope Coal before his election in 2012 and, as the minister for science, information technology, innovation and the arts, subsequently oversaw the department which cleared levels of air pollution from uncovered coal trains in Brisbane before the expansion of New Hope’s Acland mine.

The pollution study by Walker’s department was released to companies including New Hope a week before it was made public in 2013.

Clean Air Queensland’s organiser Michael Kane claimed the government study clearing the pollution levels by averaging emissions over 24 hours was “absolutely the wrong methodology.”

New Hope’s chairman, Robert Millner, was called before the Independent Commission Against Corruption (Icac) in NSW last year over a donations controversy involving another Washington H Soul Pattinson subsidiary of which he was chairman, Brickworks.

Jones has also attacked the government over the energy minister, Mark McArdle, and the environment minister, Andrew Powell, accepting entertainment from New Hope in its corporate box at a Wallabies rugby game in Brisbane in 2013.

But what can we expect when the head of corporate affairs for a mining company has been in charge of developing policy on the environment for Queensland’s ruling Liberal National Party (LNP) since 2012.

James Mackay also worked full-time for the LNP during the 2012 election, while he was being paid $10,000 a month by the company, QCoal.

Mr Mackay has chaired the LNP’s state environment and heritage protection committee, which develops policy for discussion at the party’s annual conference, since being voted on to the committee in 2012.

Shortly after coming to power in 2012 the LNP introduced a bill to remove “green tape” or what it considered to be unnecessary or superfluous environmental regulation.

Queensland Premier Campbell Newman said at the time that the state was “in the coal business” and if people wanted new schools and hospitals they had to accept that the state needed royalties from coal mining.

QCoal boss Mr Wallin gave $120,000 to the party in two donations just before the 2012 state election.

Campbell Newman is trying to tell us that mining will boost employment. In 2013-14 it did not even rate in the top ten employers by industry with about a quarter of the number of people employed in health care and social assistance.

The mining lobby keeps telling us about the great contribution it makes to the Australian economy. There is a lot of exaggeration in this and often much worse.

  • As Ross Gittins in the SMH and others point out mining accounts for about 10% of our national production, but only 2% of employment. The large increase in mining investment in recent years has mainly been to purchase equipment from overseas.
  • About 80% of our very profitable mining industry is foreign owned. BHP/Biliton is 76% foreign owned, RioTinto 83% and Xstrata 100%. This means that 80% of mining profits accrue to foreign shareholders and not to Australians. In this situation it is important for the owners of the minerals; we Australians, that we get some worthwhile return either in taxes or royalties.
  • State governments do receive royalties from mining companies for the exploitation of our national resources, but they hand a lot back to the mining companies. According to the Australia Institute, the states gave the mining companies $3.2 billion in concessions last year – mainly in providing railway infrastructure and freight discounts. In Queensland, these concessions or subsidies were equivalent to about 60% of the royalties the Queensland government received.
  • Michael West in the SMH on 27 April 2014 points out that Australia’s largest coal miner, Glencore/Xstrata paid no company tax at all over the last three years despite an income of $15 billion. According to West it achieved this remarkable result of paying no company tax by paying 9% interest on $3.4 billion in loans from overseas associates. This 9% incidentally was about double the interest it would have had to pay in the open market or from a bank. Having paid 9% on these borrowings to load up its “costs” in Australia it then lent money to ‘related parties’ interest-free. We are not told who these related parties were. But there is more. Apparently there has been a large increase in Glencore’s coal sales to ‘related companies’ from 27% to 46%. This would seem to indicate transfer pricing to shift income to lower tax countries. In this regard Michael West reported on the complex Glencore company structure. ‘The Glencore structure is now run as a series of business units controlled by one company [Glencore/Xstrata Plc) which is incorporated in the UK, listed on the London and other stock exchanges, with its registered office in Jersey (a tax haven) and its headquarters in Baar, Switzerland. It is probably all legal but is it right?

Indian-based company Adani has a large mine proposal at Carmichael in the Gallilee Basin and needs to build a rail line 388 kilometres to Abbott Point port where the coal will be exported. Campbell Newman has offered $300 million of taxpayer funds to build the railway despite Adani having trouble finding finance for its mining operation with most financiers saying it is not commercially viable.

Adani plans to export 100 million tonnes a year of coal to India and provide 2400 jobs.

Adani’s chief executive Sandeep Mahta estimates their coal plant generates more than $6 billion in royalties for the Queensland Government in its first decade of operation.

Reef tourism generates over 60,000 jobs and $6 billion a year in revenue to the Queensland economy.

If you agree with Campbell that the coal business is your future and you are prepared to sacrifice the Reef and the revenue and tourism jobs it sustains for a project that the banks won’t touch then you will probably vote for the Coalition. Get back to me on how that works out.

PS: Could we please have less public kissing.

tony and lisa

 

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“1984” is dated, but “2084” is here for the reading … (apologies to George Orwell)

“It was a bright cold day in April, and the clocks were striking thirteen. Winston Smith, his chin nuzzled into his breast in an effort to escape the vile wind, slipped quickly through the glass doors of Victory Mansions, though not quickly enough to prevent a swirl of gritty dust from entering along with him…

Winston made for the stairs. It was no use trying the lift. Even at the best of times it was seldom working, and at present the electric current was cut off during daylight hours It was part of the economy drive in preparation for Hate Week. The flat was seven flights up, and Winston, who was thirty-nine and had a varicose ulcer above his right ankle, went slowly, resting several times on the way. On each landing, opposite the lift-shaft, the poster with the enormous face gazed from the wall. It was one of those pictures which are so contrived that the eyes follow you about when you move. BIG BROTHER IS WATCHING YOU, the caption beneath it ran.”

Updated Version

Winston worked in the Ministry of Truth and had been working there since he left High School in 2015, back in the days when people used to wonder where alll the jobs would come from, back in the days when people would retire and spend their final years doing such unproductive things as travelling, gardening or filling the minds of their grandchildren with stories. Thankfully now there was plenty of work. At first, it had simply been correcting the mistakes from the speeches of the Prime Minister, but that had soon grown to correcting the mistakes of the whole government, as well as eliminating from public record things they wish they’d never said. And pretty soon, there was a whole army of people scouring the Internet for mistakes other people had made and correcting them as well.

Why just this week, Winston discovered someone of his age, writing that there had been a time when Melbourne hadn’t been a tropical climate and there were people living in Queensland. Queensland, Winston seemed to remember, had never been inhabited by actual people, and was just one of those mythical places like Atlantis. It was a place that people used as a setting for absurd stories to demonstrate why democracy was such an absurd system where people like the mythical “Campbell Newman” were elected. Using his powers under the law, Winston corrected this person’s recollections, and arranged for the person to be taken to the doctor’s for help.

Last year had been a particularly busy time for the Ministry of Truth, as it marked the seventieth anniversary of Abbott’s ascencion to the role of Imperial Ruler after being chosen by the great god, Rupert. To spoil the occsasion, various people had attempted to spread the idea that back in those days that people had been allowed to vote for their leaders. These anarchists had also suggested that Abbott’s decision to cease making public appearances was because of his refusal to stop writing his own speeches and that he’d been locked in a room, while a group of his associates made all the decisions. They attempted to argue that, if Abbott was actually still Imperial Ruler, he’d be well over a hundred years old. Why that was a problem, Winston couldn’t fathom, people in “The Party” often lived to be hundreds of years old – it was only the workers who died. Mostly, by making a mistake, and usually that meant a risky operation to try and put their brains back into the right position. Apparently, an easy operation for qualified surgeons, but there were so few of them, and as this required an emergency procedure, the operations were usually carried out immediately by local managers and security guards, with limited success.

Once, someone had tested Winston by telling him that a “resistance” existed, but Winston wasn’t fooled. He knew this would be someone from “The Party” testing him. When this person suggested to Winston that surely he remembered a time before all this began, but Winston just shook his head, and sipped his drink. “Even if I did,” thought Winston, “I’d be a fool to say anything because, at 86, I’m only fourteen years off my retirement age and Chairman Abbott has issued a decree promising that they won’t be raising it again, and all those who reach it will be sent to any of the twelve inhabitable places in the world with enough food to last them a year.”

Winston smiled, remembering how when his memory was questioned, he could assure the person that he remembered everything clearly. How he’d decided against university because of the cost, and how he’d been offered this job after telling the police about a plan to wear unapproved t-shirts prior to the elections of 2015.

“Elections?” the person interjected, “You remember the elections?”

“What elections,” replied Winston, “I was talking about t-shirts. Nobody said anything about elections.”

“You can trust me,” said the person.

“Of course,” said Winston, making a note to erase all records of this conversation just as soon as went to work, and just to be on the safe side, he decided to erase all records of the person to whom he was conversing…

To Be Discontinued, Owing To Unauthorised Use Of Irony.

 

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“I’m with Stupid” man arrested; imagine if he’d been against Stupid!

Photo: Word Art generator

Photo: Word Art generator

Ok, for those of you who haven’t caught up with the Queensland man who was arrested for standing next to LNP supporters and waving while wearing an “I’m With Stupid” T-Shirt I give you the link “The Courier Mail”‘s report just so you know that it isn’t made up!

Now, because I write on this site, I’m often accused of being a lefty, which is ridiculous because I’m a Capitalist through and through. Any time I see I chance to make money, I’m there, and I’d be as rich as Gina or Rupert if it wasn’t for the fact that – like the current government – I suffer from poor marketing.

I read the article and immediately saw an opportunity to make a few bucks by marketing a t-shirt saying “I’m Not With Stupid – I’m Voting xxx”. Of course, The Greens would be too full of priniciple to replace the xxx with “Green”, and Labor supporters don’t have any money because they’ve put everything on the credit card, so the obvious person to approach with the idea was Clive Palmer.

Initiallly, his representative was very supportive and said that most of the members of his party wanted one. However, when it was discovered that the PUP members, in fact, wanted one with Clive Palmer’s photo instead of Campbell Newman’s, apparently Clive went cold on the idea.

Senator Lambie, on the other hand…

All right, I’m making it up. In a country where people are arrested for creating a public disturbance by waving while wearing a t-shirt, I feel that I have to make that clear. Just as I feel that I feel I need to make it clear that he was lucky that he wasn’t arrested under the VLAD laws.

And, while I’m at it, I also feel that I have to set the record straight on what I wrote about Abbott not visiting South Australia or commenting on their bushfires. He went there “as soon as he could” and offered them $4 million. Which is really extraordinarily generous. After all, he only offered $5 million to Iraq!

Perhaps, John Cleese should have the final say!

Stupidity.

P.S. For those who have pointed out that I posted the wrong link, I’m posting the accident as well, in case anyone is looking for it. (Yes, yes, it is ironic that I post a link on stupidity and it’s the wrong link, yes it is ironic, yes, this is why I could never be a member of Abbott’s front bench because I can actually acknowledge when I make a mistake, and clearly none of them can or we’d have mass resignations and by-elections!) This is the John Lloyd one which I accidentally posted which although it’s a little longer is thoroughly worth it: John Lloyd.

 

Standing up for coal – Abbott and Newman give investment advice

Tony Abbott has told a G20 leaders’ discussion on energy he was “standing up for coal” as the Queensland government prepares to unveil new infrastructure spending to help the development of Australia’s largest coal mine.

Abbott, who recently said coal was “good for humanity”, also endorsed the mine, proposed by the Indian company Adani, to the meeting.

The Australian government has given all environmental and regulatory clearances for the $7.5 billion coal mining, rail and port project, said Gautam Adani, chairman, Adani Group, in an interview to The Indian Express.

And Campbell Newman is happy to put your money where his mouth is.

“We are prepared to invest in core, common-user infrastructure,” Mr Newman said. “The role of government is to make targeted investments to get something going and exit in a few years’ time.”

Despite poor market conditions, high costs and the massive outpouring of concern over the environmental impacts of their projects, Indian companies GVK and Adani remain hell-bent on opening up the Galilee Basin in Queensland. The smallest mine is as large as Australia’s biggest operating coal mine and the largest, twice the size. All of the proposals in the Galilee Basin would produce enough coal to chew up 7% of the world’s remaining carbon budget, drastically reducing our chances of keeping a lid on global warming.

Adani and fellow Indian company GVK are pushing their projects and Adani wants to start construction early next year, but the key problem is access to funds.

Few banks are willing to lend when coal prices are so low and the industry is facing issues with climate change.

There are also issues with both companies.

Adani Mining Pty Ltd borrowed $516 million from another subsidiary of the Adani Group, Adani Minerals, at an interest rate of 4.25%. Adani Enterprises, the parent group, borrowed from the banks 2 per cent more cheaply that it charges Adani Mining the subsidiary in Australia for internal loans.

Why would these loans be priced so far above commercial rates? Potentially they could rack up losses in Australia and rip out equivalent profits to India. Some $10 million a year thereby transferred – 2 per cent on $516 million – tax free to the subcontinent. Rupert would be proud.

Adani Mining P/L had no revenue and booked a pre-tax loss of $112 million in 2013-14. It spent $75 million on exploration and evaluation of the mining area, which was capitalised, along with $41 million of interest, into the balance sheet rather than expensed against the profit and loss.

Adani Mining’s red ink of $112 million mostly relates to currency losses. All loans are in US dollars with no hedging, giving rise to a loss every time the Australian dollar declines

The total investment so far by the Adani group in Adani Mining is now $984 million and shareholder equity is negative to the tune of $45 million which reflects net borrowings of $1.015 billion in this Australian subsidiary alone.

So we have a company with $1 billion in debt, negative shareholders funds, zero revenue and high cash burn with $15 billion still to spend, and the parent company, Adani Enterprises, has debts of $US12 billion.

Tim Buckley, director at the Institute of Energy Economics and Financial Analysis, puts it bluntly: “This project is not commercially viable.” Apart from the financial deficiencies of the main participants, he says thermal coal is in structural rather than cyclical decline.

In another red flag, Linc Energy accepted $155 million from Adani a couple of months ago for its option in the project. It is worth asking why Linc boss Peter Bond would sell a royalty of $2 billion over 20 years – perhaps worth $600 million today – for just $155 million.

And then there’s GVK.

Despite claiming to be a “leading global infrastructure owner, manager and operator” GVKPIL has no experience operating any business outside of India. It has never successfully built and operated a coal mine – in India or otherwise. GVKPIL has not operated any business in Australia, let alone a US$10bn greenfield project in the face of massive environmental, operational, logistical and financial challenges.

GVKPIL is currently committed to 16 greenfield infrastructure projects across six different asset classes. Many are behind schedule and / or over budget.

With a market equity capitalisation of only US$243m, GVKPIL is carrying on-balance sheet net debt of US$2.8bn. It’s share price is at an all time low and has underperformed the Indian index by 80% since 2010.

Building Australia’s largest black thermal coal mine in the untapped Galilee Basin would challenge experienced operators, but the combination of an inexperienced developer, slack demand globally for thermal coal and a deteriorating cost of production scenario in Australia moves the project beyond speculative.

Gina Rinehart’s Hancock Prospecting sold a majority stake in two Galilee coal prospects – Kevin’s Corner and Alpha – to GVK in 2011 under a deal believed to include a $1.3 billion upfront payment and a requirement for a $1 billion payment later on. However, the latter payment is still unresolved more than three years on, with Hancock Prospecting listing the unpaid amount at $656 million in its 2013 financial accounts. Apparently they can’t afford to pay.

That asset was written down to nothing in Hancock Prospecting’s 2014 financial accounts, which were published by the Australian Securities and Investments Commission on Friday.

“The carrying amounts of the financial assets relating to a coal transaction with GVK … is based on the ability of the purchaser, GVK, to complete the outstanding transaction conditions, which includes the payment of substantial amounts,” the company wrote. “Management believes it is increasingly unlikely that these accounts will be received from GVK.”

According to The Institute for Energy Economics and Financial Analysis, GVK‘s Alpha project appears likely to remain “stranded in the valley of death.”

Six of the top ten and nine of the top twenty coal funding banks have now stated that they don’t plan to fund the expansion of Abbot Point. Given the global scale and Australian focus of Galilee Basin projects, the Big Four banks in Australia (Commonwealth Bank, Westpac, ANZ Bank and National Australia Bank) will be critically important to the financing of this multi-billion work.

So far, the banks have been coy about saying anything about the proposals to expand coal exports through the Great Barrier Reef, falling back on sustainability policies that have, in recent years, seen them lend nearly $20 billion to fossil fuels. It has created an absurd situation where banks headquartered in Paris, London, and New York are doing more to stand up and defend the Reef than Australian banks.

It is already costing the banks. Several thousand customers have so far joined the rapidly growing divestment movement, moving to other banks in protest of the big four’s massive lending to the fossil fuel industry. And thousands more, worth hundreds of millions of dollars, sit in waiting, ready to shift their business based on whether the Australian banks will stand up and defend the Reef or fund its demise.

Rather than taking investment advice from Abbott and Newman, it’s time for us all to let our banks know what we Australians want.

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Campbell Newman: Tony Abbott’s “mini me”

Why is it that conservatives can never learn from their mistakes, only repeat them?

With Campbell Newman’s latest announcements, on privatising health and educational services, on top of his savage cuts to the public service and general government services, he is surely showing a sample of what to expect from an LNP Federal Government, and himself as Tony Abbott’s “mini me”.

The problem is that the conservative side of politics believe that government should be run like a business, and they are ideologically driven to producing surpluses regardless of the impact on the lives of workers or the wider economy.

A government’s job is to provide services and infrastructure to the people, for the purposes of nation building and taking care of the elderly, the sick and underprivileged, as well as the maintaining a healthy level of support for the wider community.

Now the truth is that many of these services and infrastructure requirements will not, and cannot be profitable, without a degradation to areas of quality and delivery, usually to rural and regional areas and lower socio economic communities.

The lessons to be learned from the GFC are that firstly austerity measures are decidedly unpopular amongst the majority of the citizenry, and secondly they are manifestly unsuccessful.

Austerity measures, as seen in Europe and now in QLD and other Eastern states, are implemented to impact the most vulnerable in society, namely pensioners and those that depend on social and medical services.

In QLD, Newman used the Costello audit and claims of a state economy comparable to that of Greece, to justify wholesale sackings in the public service sector and removing the traditional job security associated with the public service.

He promised that there would be no cuts to frontline services, which was a blatant lie, as we now know.

Newman’s first year in office is marked by:

  1. Cutting thousands of jobs, and then cancelling the state government jobs support and retraining schemes, not only making it harder for those that found themselves unemployed, but forcing them to compete for what jobs are available with the people/educators who would otherwise have been helping them to find work in other areas.
  2. Removing the inbuilt protections for public servants to be able to give advice from an independent stand point, and the inherent past security of public services.
  3. Axing the Premier’s Literary awards to save $250,000 whilst giving millions to the horse racing and sporting fraternities.
  4. Sending out directives that remaining public servants should bring their own tea and coffee to save money, as well as such innovations such as printing on both sides of a piece of paper for further savings.
  5. Telling The Australian Conservation Foundation that: “I take this opportunity to reaffirm my statements, made before the last election, that the State Government has no plans to approve the development of uranium in Queensland”. Then within two weeks, Newman’s Government voted to lift a ban on uranium mining.
  6. Outsourcing and selling off health and educational services, which invariably results in poorer services and service delivery.
  7. An economy going backwards, while the rest of the states still show varying levels of positive growth.

These are just a few of the cuts, and lies, that have created unnecessary uncertainty and hurt amongst the community and done untold damage to the states economy along with his ramping up of the cost of royalties to the coal mining industry, which are now as high as anywhere in the world further reducing investment opportunities in QLD.

The fact that mass sackings, reduces the levels of tax receipts, and affects the job prospects of up to a further four workers for every public servant sacked, in a number of related service industries, reducing consumer confidence across the wider community and further depressing the economy, seems to completely elude those of the ideologically driven LNP.

Campbell Newman is by no means alone in the implementation of this style of ideologically driven policies, with lies, misrepresentations and backflips being the stock in trade of the NSW and Vic LNP Governments as well, cutting spending on such meaningless portfolio areas as health and education?

The scary thing for Australians is that even this week, Abbott was reconfirming his support for Newman’s style of governing, and after Hockey’s stated commitment to a Costello style audit and Abbott’s declaration of at least 20,000 public servants to get the chop, there can be no doubt that Campbell Newman … Tony Abbott’s “mini me”.

Note: This has been a guest post by one who goes by the name of Truth Seeker, who runs the site Truth Seeker Musings, where the original of this post can be found. Of Truth Seeker Musings, he describes it is a proudly Australian, left wing site, dedicated to satirical and political poetry, among others.

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