Tag

AFR

2
Jul
2017

Abbott Advocates Different Policies & More Problems with Turnbull’s Climate Policy

My Commentary last Thursday repeated earlier suggestions that the only way to reverse the Coalition’s 47/53 TPP polling is to replace Turnbull. This has become more possible now that Abbott has continued to advocate the adoption of policies more in line with the stated objectives of the Liberal Party. It is reported in today’s Herald Sun that he will also be talking tomorrow in the Deakin electorate currently held by Michael Sukkar, who is presently an Assistant Treasurer in the Turnbull government (see attached Abbott to Make Another Talk). Significantly, this is a marginal seat and, as it will go to Labor if existing polling is not reversed, Sukkar has doubtless realised the need to present a different Liberal party to his electorate. Separately, the Herald Sun has run an interview with Turnbull in which he said that he would quit politics if he loses being PM.
25
Jun
2017

How Much Longer Can Turnbull Last?

The end of the Parliamentary session (it resumes in 6 weeks) has produced various comments about its performance, including Turnbull’s claim that it showed that the Coalition is governing. He referred in particular the $6bn bank tax, gas export restrictions, the avoidance of Aboriginal Title restrictions on the $21bn Adani coal mine in Queensland, and the much publicised new arrangements for schools. The Weekend Australian observes critically that “the Prime Minister has won this victory only by adopting what even he argues is a purer version of Labor’s Gonski plan and by promising tens of billions of dollars that are yet to be raised and which, on the available evidence, will not necessarily boost education outcomes”.
20
Jun
2017

Does Turnbull Have an Energy Policy?

I referred yesterday to the publication in the AFR of my letter headlined “Emission Target should be Reviewed”. This raised the possibility that Australia might follow the three largest emitters (China, India and the US) by dropping our target of a 26-28% reduction in emissions by 2030. Today I also had the following letter (abbreviated by Ed) published in The Australian
19
Jun
2017

Energy Policy, Turnbull Down 3 Points

The debate over energy policy (which is really about climate policy) looks like continuing apace, with today’s AFR reporting a discussion at tomorrow’s joint Party Room on what it describes as “the energy crisis”. The fact that the Nationals are invited certainly suggests that there is a crisis of sorts (as a separate party, they do not normally participate). Deputy PM Joyce is pictured in the attached digital version practicing with his whip (see Mix of Energies Will Do) and as suggesting that there may be a discussion of a government-owned coal-fired generator. It surely can’t be that such a possibility might be seriously discussed: with an energy policy involving an increase in renewable (under a Finkel 42% by 2030) coal usage would progressively decline and there would be no new investments in coal-fired generators. In such circumstances any government coal-fired generator would lose money and would have to be subsidized. It would not on its own “save” coal.
18
Jun
2017

Bolt on Turnbull, Important New Rebutalls of Climate Policy, AFR Off-Track

Next week is the last for Parliament before it takes a month’s break. Turnbull will be trying to divert attention away from “difficult” issues, such as the Finkel Blueprint, Turnbull’s attack on Trump during a speech at the Winter ball, and the publication of a book in which the author claims that Turnbull told him he joined the Liberals only because Labor wouldn’t have him(see attached Bolt on Turnbull & Finkel).
23
May
2017

Budget Deficiencies Neglected in Media, Trump in Saudi Arabia

In recent Commentaries I have referred to a number of deficiencies in the Budget which have either not been referred to in the main media, including even in The Australian, or have only been given limited attention. Despite this even The Australian has not published four letters I submitted on what I believe are serious analytical deficiencies, and the AFR often couldn’t decide whether to have a letters page. The Age almost automatically refuses to publish anyone deemed to be right of centre.
8
Apr
2017

Turnbull’s Polling & Policies

The lead up to the Budget (on Tues 9 May) is normally pretty quiet except for advance leaks by the government on what we might expect – or not. So far the main possibility being foreshadowed is action to reduce housing “affordability”, which sounds like a worrying move by a government which should be reducing expenditure. But as it happens, some other issues have emerged since Parliament had the break after two weeks in Canberra.
4
Mar
2017

Turnbull on the Fence

The Weekend Australian is replete with discussion about Turnbull’s incapacity to govern and about possible changes in leadership. The editorial below suggests “Mr Abbott’s urgings for the Prime Minister to take up the positive, economic liberation arguments on penalty rates and to deliver reform on 18C are wise” and, rather than rejecting them, Turnbull should “lead the debate rather than aspire to acting as a chief national conciliator hoping to broker consensus on every contentious issue”. As it concludes, “the markets, the public and Mr Turnbull’s own culpable colleagues are running out of patience”.
2
Mar
2017

Energy Policy & Global Warming

Yesterday I had a “coup”, with The Australian publishing a letter by me and giving it the heading “Bad Energy Policy” (see below). This relates to my comment in the letter that “Voters would have to choose between two bad policies, with the Labor Party offering results twice as bad”. Although the Editor deleted some bits from my original draft (as shown by the bits in square brackets), he has retained the reference to the letter sent by 300 scientists to Trump on global climate. Several scientists from Australia are signatories, including myself ( I have a BSc Econ Hons from the LSE and economics is a justifiable inclusion here). The language used in Lindzen’s letter and included in my letter below is particularly interesting in that it asserts that government actions to reduce emissions of CO2 produce no environmental benefit and in fact cause serioussocial and economic harm. This can be taken as the view of deniers rather than sceptics. Note also that the lead author, Dr Richard Lindzen, is a highly regarded atmospheric physicist who has deeply researched this subject and has communicated with me on it (to put me on the right track!).
27
Feb
2017

Turnbull Must Go

Today’s Newspoll shows that, despite Turnbull’s very recent decision to start attacking Shorten more aggressively, the Coalition’s polling has dropped a further percentage point (to 45/55 on a TPP) and Turnbull’s personal polling has dropped sharply to 29/59 satisfied compared with 33/54 last time. This has occurred after Shorten was not only unable to state the estimated cost of Labor’s 50% target for renewable energy but also announced that he would try to reverse the decision by Fair Work Australia to slightly reduce penalty rates even though he had previously supported a review when he was minister under Labor! With Labor on the back foot, the Coalition’s polling ought to have improved.