On the subject of...

Energy

10
Dec
2018

Newspoll; Chief Scientist Finkel

In yesterday’s Commentary I said that, while an early election as suggested by Terry McCrann would risk the Morrison government being portrayed as a “cut and run” attempt at winning and avoiding outstanding issues, it would have the potential to bring the Liberal party closer together and take advantage of various issues on which Morrison seems actually or potentially head of Shorten, including the now near absence of Turnbull as a policy maker. In particular, an election in March would “lock in” the likely favourable budgetary and economic forecasts in the MYEFO publication (next Monday) and prevent any significant change in the Pre-Election Economic and Fiscal Outlook (PEFO) which is made by Treasury before an election.
9
Dec
2018

An Early Election?

In Thursday’s Commentary I referred to the view of The Australian’s political editor (Dennis Shanahan) that Morrison still has a “last chance” of winning the election. In Weekend Australian Shanahan acknowledges that “the Liberal Party is in a mess” but also points out that “Labor finished the last week of parliament for the year on the back foot over national security and border protection, giving Morrison a reprieve from the dismal Liberal outlook. The Prime Minister was able to declare there would be a budget surplus next year, he changed Liberal leadership rules, intervened to stop a preselection brawl, asserted his authority over Turnbull and avoided an embarrassing defeat on the floor of parliament”
6
Dec
2018

Last Chancer Morrison

Today’s article by The Australian’s political editor Dennis Shanahan argues that Morrison still has a last chance and points out that “in late 1992 and early 1993, the Keating government hopelessly trailed John Hewson’s opposition. In February 1993, the Coalition led Labor 53.5 to 46.5 on a two-party-preferred basis in Newspoll.On election day, March 13, Labor pipped the Coalition 51.4 per cent to 48.6 per cent and Keating remained prime minister. The key to this dramatic turnaround was that voters became wary of Hewson and his radical tax plans”
2
Dec
2018

US Wins at G20; Morrison Meets Trump; Germany Fails To Successfully Employ Renewables; Stone on Immigration

Although there has been a “final statement” by leaders attending the meeting of the G20 in Argentina, the text does not seem available on the web and nor does the communique. However, some media are reporting on what was agreed. The outcome on trade was expected to reveal something on the what has been described as a dispute between the US and China (but which has implications for all trading nations). It appears that the US did succeed at G20 in obtaining agreement that the present arrangements need to be changed.
29
Nov
2018

How to Save the Coalition

Last Sunday I tried to explain in my Commentary why the Coalition lost the Victorian election with such an unexpectedly large swing to Labor (I then thought it was a 5% swing but it now appears closer to 6%) and this loss was immediately followed by a Newspoll showing at the federal level that Labor is ahead on a TPP basis of 55/45. While this is the same as in the previous Newspoll, and Morrison’s personal rating as Better PM actually improved to 46/34, it confirmed that the Coalition would almost certainly lose the Federal election, which Morrison has now set for March. I concluded my Commentary by saying that “whether at the federal or state levels this result is a reflection of the failure of the Liberals to distinguish themselves from Labor”.
22
Nov
2018

New Measures to Stop Terrorists; Morrison Attacks Labor’s Energy Policy

Not surprisingly there has been no response to my suggestion in yesterday’s Commentary that Victorian Attorney General Pakula should resign because he falsely told Victorians that the Victorian police had not received information from Federal agencies indicating that Shire Ali was a jihadist. Now, we also know that, for six days, Victorian Premier Andrews “kept to himself the fact that Shire Ali … had actually been out on bail”
8
Nov
2018

Trump Succeeds in US Elections

For Republicans the US mid-term elections provide a forecast increase in Senate seats to 52/48 (from 51/49) and a forecast reduction in House seats to 197/235 (from 241/194). All 435 seats in House were up for election but only 35 of the 100 Senate seats were. If the forecast loss by Republicans of 44 seats occurs in the House, that would be the smallest mid-term loss under a post war President except for Reagan’s loss of only 26 seats in 1982 ie a mid-term loss of House seats is “normal”.
29
Oct
2018

More ‘Movement at the Station’ Needed

Many will be aware of Banjo Patterson’s ballad on The Man from Snowy River, which began with “There was movement at the station, for the word had passed around That the colt from old Regret had got away, And had joined the wild bush horses”. Clancy of the Overflow then caught the escaped horse and turned around the other horses which had formed a collective with the colt. But Clancy had first to overcome numerous obstacles.
25
Oct
2018

Morrison’s Poor Attempts at Compromise

If you are going to “do a deal”, and start from a weak position, you will doubtless have to compromise. But not so that you undermine the essentials of your position. But that is what Morrison is in fact doing with his energy policy: he says that his prime aim is to reduce power prices but at the same time he sticks to the emissions reduction policies and does nothing to reduce subsidies for renewable. This is a contradiction and lower power prices will not be achieved in any degree if the joint energy policy statement by Taylor, Morrison and Frydenberg is realised.
1 2 3 6