1. Australian politics becomes completely ridiculous
Laura Tingle called it a week of low, low farce.
Must share this David Rowe cartoon:
When Prof Jason Sharman told Phillip Adams that half a million dollars was stuffed into the new intelligent deposit machines installed in the Commonwealth Bank from 2012, and then did the same for the next three years, it sounded incredible, and if true, could only happen with complicit corruption. Seems it didn’t happen quite like that, but what authorities say did happen is staggering and quite bizarre. Continue reading Drug syndicates turned CBA into a money pump, but the whole financial system is at risk
The Liberal Party Has Overwhelmingly Decided To Keep Its Plebiscite Policy, so because the Senate again failed to pass the necessary legislation, we are off to a $122 million postal vote, which is really a voluntary survey to be conducted by the ABS, if the High Court lets them.
Except, we already know what the people think, because they’ve already been surveyed, and people who know about these things say that the proposed survey is incompetent as a survey, lacking proper sampling. Of course, the opponents of same sex-marriage see this as their best chance of getting a “no” vote and kicking the can down the road.
For now same sex marriage takes centre stage, but journalists and pollies have taken time out to unload on the Commonwealth Bank, forgetting that their own esteem in public eyes hovers around that of used-car salespersons. Also most have never organised anything bigger than a booze-up in a brewery, so the chances of them understanding how large businesses work is close to zero.
We’ll have to wait for the court case to find out what really happened, but there have been a couple of articles in the AFR, and an ABC TV interview with the chair of the board, Catherine Livingstone, so here is my best estimate as to what happened. Continue reading Which bank under heavy fire
Would that they were.
Paul Budde has urged the government to press the reset button on the NBN, as short-term and longer-term faults and complaints affect up to a third of connected customers and large numbers of premises are being put in the too hard basket for connection.
One man was without a phone or internet for four months, and only got relief after media involvement. Then he got relief by being reconnected to the legacy service he had left, which is against the rules. Continue reading Pressing the reset button on the NBN
In last Tuesday’s post It’s gas, not renewables, pushing up electricity prices the federal Minister Josh Frydenberg attacked the Queensland government through it’s state-owned generators for “gaming the system”, which, he said gave Queensland the nation’s most expensive electricity, costing jobs. In that post Queensland’s electricity was shown to be low compared to those of the other eastern mainland states, in recent years and in recent months the lowest.
The state has now been attacked by the AER (Australian Energy Regulator) and by the ACCC. At the end of it all, Steve Austin, the host of Mornings on Brisbane’s local ABC, sank the boot in. So what to make of it all? Continue reading AER, ACCC and the ABC join the fray on Qld electricity prices
One of two big stories this week, from the SMH, Peter Dutton to head merged ASIO, AFP and Border Force super security department. However, Paula Matthewson at The New Daily captured the spirit of the thing by focussing on the optics in Hilarious and menacing at the same time: Turnbull’s Kim Jong-un moment. When Abbott made a national security announcement, this is what we got:
There has been a war about electricity prices reflected in front page headlines. For example:
The old saying that power corrupts has been verified by science. Not only that, it does your head in, as it were, cripples your brain and cuts you off from reality. Jerry Useem tells the story in Power Causes Brain Damage.
Dacher Keltner, a psychology professor at UC Berkeley, conducted years of lab and field experiments.
The big story in Australian politics this week was the shocking state of the political debate on electricity. Giles Parkinson says, when you thought it couldn’t get any dumber, it did.
‘People will die due to renewables’, said Turnbull government MP Craig Kelly.
Commentators who don’t understand the grid should butt out of the battery debate, said Ketan Joshi, a communications consultant for the renewable energy industry. Continue reading Saturday salon 15/7