Big mistake, cardigan wearers.
The pond is so used to listening to the Beeb nightly on what's allegedly a local news radio station that calling in the Beeb to act as scabs and strike-breakers only made the pond wonder when there might come a campaign to replace the entire ABC with the Beeb.
What a refreshing diversion to be able to take in the Beeb's televisual news on News 24 without the usual local ambulance chasing.
Trust Jack the Insider to make the obvious jokes for the gloating reptiles ...
And so on ...
Sadly, with the intermittent archive still acting kinda funny, the pond has had to resort to teaser trailers again... and the odd relieving 'toon:
This is a taste of petulant Peta, in the same state angst-ridden, existential brooding about the perils of Pauline as all the other reptiles:
It must be terrifying for the reptiles to discover that One Nation has assiduously read them and taken on board their migrant and Islamophobia, and their climate denialism and love of coal and lust to nuke the country, not to save the planet, just to nuke it ...
Unfortunately there's no way to drag in some alternative to the reptiles.
The best way to deal with them is simply to avoid them, but that's not in the pond's job description.
And that's why the pond ended up yet again with Dame Groan, turning in her usual dinkum groaning, and for once she had something to groan about, or at least the good citizens of Wodonga did, with the pond yesterday observing this at a petrol station in Wodonga, while indulging in a relaxing EV charge ...
Once again the old groaner sought to blame local pollies for the mindless excursions of mad king Donald, deep into adventurist excursions...
The header: Australia supply chain crisis: The worst is yet to come; For a country that produces as much food as we do, why on earth are we facing shortages of products like this?
The caption for Frank's astonishing work: Higher fuel costs feed into so many other prices that impact inflation. Artwork: Frank Ling
It was only a three minute groaning, but the pond was exceptionally pleased, because you don't see the sort of artwork offered up by Frank as the key illustration every day of the week.
What an astonishing image erupting from the bowels of a graphics department at the top of its game, and as for the caption advising that higher fuel costs impacted other costs, it was the sort of economics lesson that can only be called visonary.
It inspired Dame Groan to even greater, 'we'll all be rooned' heights ...
Both figures are essentially meaningless as they relate to a period before the conflict in the Middle East and the rapid escalation of the oil price, which is floating above and below the $US100 mark.
It’s not just the higher price of fuel per se but the fact that this price feeds into so many other prices that makes it important.
The Treasurer is canny enough to acknowledge that the February CPI figures are not indicative of what is to come. Addressing a large group of big business executives, he even talked about an inflation figure close to 7 per cent, with the impact of the current global uncertainty paralleling the global financial crisis.
What these past two weeks or so have demonstrated to people is the importance of hydrocarbons in our daily lives. It’s not just the price and availability of fuel at the servo; it goes well beyond this. Diesel is more important than petrol in enabling the farmers and regional communities to continue their productive activities, including getting foodstuffs to market.
The pond must confess to also being bowled over by the illustration for the AV distraction ... Australia's headline inflation figure has fallen from 3.8 per cent to 3.7 per cent.
Once upon a time it used to be illegal to reproduce images of currency, but the pond likes to walk on the wild side ...
The price of oil feeds directly into construction costs, particularly through much more expensive PVC pipes.
This couldn’t be happening at a worse time.
There are also unexpected worries such as the shortage of helium – a by-product of gas processing – which is required for the operation of MRI machines. We can all live without party balloons; MRI machines are a different matter.
For all the discussion of the problems of supply chain blockages during Covid and the need to be better prepared in the future, it’s not clear anything material has been done. The Productivity Commission prepared a useful report, Vulnerable Supply Chains, that was released in 2021.
It turns out that businesses and people are inclined to underestimate the chance of adverse events occurring with substantial consequences. But we should expect the government to do a better job at this – to provide insurance where the actions of private businesses and individuals fail to do so.
The government should be able to identify critical and essential import supply chains and assess the adequacy of their risk management. Some of the tools include stockpiling, long-term contracts and diversification of supply. Support for local production may be justified in some instances.
The immediate economic future is highly uncertain and unlikely to be quickly resolved even if events in the Middle East calm down quickly. The damage to the large LNG plant in Qatar will take a long time to repair. The consequences for the global LNG market will be substantial, and Australia may be a net beneficiary.
We may need to use the surety of our LNG supplies – don’t even think about imposing an export levy that would be passed on to customers – to secure guaranteed supplies of fuel, urea and other items we may need.
With only a few weeks before the budget, Jim Chalmers is staying firm in his resolve to achieve several changes, including on spending restraint, taxation reform and productivity. If the Prime Minister stays true to form, his instinct will be to refrain from scaring the horses and apply a degree of pump-priming in the form of some cost-of-living measures.
It will be interesting to watch this conflict play out. Whatever happens, the immediate economic outlook looks grim as people deal with the high degree of uncertainty and higher living expenses.
Pitiful ... but the pond guesses that indies must do whatever it takes to score a mention in the hive mind.
Finally, instead of the reptiles sending in the bromancer to fix the middle east, or serve up "Ned" sighing at clouds, or even the emeritus chairman explaining how the current excursion was anything but a wondrous folly designed to ruin the world, the reptiles decided to advice on strategies for impending war.
What to do? Bring back the bromancer so the world can be truly stuffed, and we'll have a war with China by Xmas!
DP said; "Unfortunately there's no way to drag in some alternative to the reptiles."
ReplyDelete"The best way to deal with them is simply to avoid them, but that's not in the pond's job description."
Just so DP, and so says a fellow traveller in no uncertain terms...
"Do not cite, post or link to News Corp stories. Do not patronise its advertisers. Do not refer to its organs as media outlets, or its employees as journalists. Do not participate in the pretence that an ideological crusade is just another legitimate part of the information landscape; that the deeply abnormal is really normal."
From;
"Watching media that aren’t
Charles Richardson
Australia, Media, Political issues
11 August 2020
...
"The problem is worldwide, and it matters.
...
"The lesson, which should have been obvious from the start, is that calling something a media organisation doesn’t make it one. The people the AFL employs might be trained as journalists or have a journalistic background, and they might wish that they were doing journalism. But they’re not. They are public relations people, doing public relations. That’s their job.
Which brings us to the other, more significant item from last night. (It actually preceded the AFL one.) Last Thursday, the Australian published a front page story by long-term News Corp operative Dennis Shanahan that featured supposed “secret modelling” of prospective Covid-19 cases in Victoria, showing an alarming rise expected to peak at around 1,100 a day in mid- to late August.
"As Barry showed, and as seasoned observers might have guessed anyway, the story was nonsense. The figures did not come from the government, the graph appeared to have been copied from a stray Twitter user, the story had not been checked with the government beforehand and the Australian declined to answer Barry’s questions about it.
"All pretty much par for the course. The story fitted News’s political agenda, so that was all that mattered. But this is not primarily, at least in my view, about the evils of News Corp, but about the way it’s treated in the media – something that Barry’s framing again failed to fully convey.
"News Corp is not a media organisation, it is a propaganda organisation. To treat its stories as news reports and its employees as journalists may be flattering to those individuals, but it is simply wrong.
...
https://worldisnotenough.org/2020/08/11/watching-media-that-arent/
Here ar two nuanced South Australian election breakdowns with details not propaganda, spin & existential crocodile tears...
Via J-D, at JQ's blog "The breakup of the Liberal Party: The Trumpist right departs for One Nation
MARCH 23, 2026 JOHN QUIGGIN
https://johnquiggin.com/2026/03/23/the-breakup-of-the-liberal-party-the-trumpist-right-departs-for-one-nation/comment-page-1/
"South Australia answers the question"
Charles Richardson
Australia, Elections, Party matters 23 March 2026
https://worldisnotenough.org/2026/03/23/south-australia-answers-the-question/
Missing FAIR.
ReplyDelete"Dinkum Groaning" means; "for my team, fuku" and elide, elide, elide.. "it is more than passing strange that we don’t produce urea locally. We could, but the combined cost of energy (particularly gas) "
Fair Dinkum Groaning, for Australia, (sans Western Australia)...
"In practice, however, a significant portion of Australia’s gas is exported without royalties, particularly from offshore fields in Commonwealth waters, including major projects like Chevron’s Gorgon and Wheatstone, Shell’s Prelude Floating LNG, and Woodside’s Pluto. In 2022-23, when LNG prices soared due to global energy market chaos, the industry paid just A$2.8 billion in royalties on A$71 billion in exports – a mere 3.8 per cent of the total value, according to the Australian Energy Statistics 2023.
"And while these operators pay little in royalties, they appear to pay even less in tax. In fact, the Australian Taxation Office has labelled the oil and gas industry a “systemic non-payer” of tax.
"In 2020-21, major LNG exporters – Woodside, Exxon, Shell, Chevron, INPEX, and APLNG – enjoyed record prices, which drove their income to A$56.3 billion. They paid just A$454 million in company tax, a rate of 0.8 per cent, thanks to tax credits accumulated under current rules."
...
"Some estimates suggest that teachers collectively pay more in income tax than the entire gas industry, highlighting the inequity in the distribution of resource wealth."
https://rogermontgomery.com/australias-gas-crisis-rich-in-resources-but-struggling-with-energy-costs/
Nov 27, 2025
"In 2024, Australia's oil and gas extraction industry had a gross value added (GVA) of approximately 97.48 billion Australian dollars. The GVA of this industry has increased overall compared to 2015."
...
Nov 27, 2025
"In the financial year 2024, the EBITDA of the oil and gas extraction industry in Australia was approximately 74.75 billion Australian dollars. This represented a decrease from the previous financial year.
https://www.statista.com/statistics/874434/australia-gross-value-added-oil-and-gas-extraction-industry/
Anonymous - a few days back I mentioned Gigi Foster popping up again, apparently with a book (with many authors) on Western Australia seceding. My Source chided me for passing it off lightly, because she told me that the basis of secession was that the new nation (not sure if Gigi and friends have offered a name) wold be a libertarian paradise - no income tax, no corporate tax - everything would be provided from a 20% royalty on the extractive industries. That Source reminded me that I have tended to go on about wringing some share out of the resource rent of many of our industries, so should have been at least a bit complimentary to Gigi.
DeleteSo I looked at a few comments - searching on variations of 'Gigi Foster Julain Gillespie 'Western Australia: Secession' ' - and it seems My Source is correct. Oh - the entire tome is not that simple - seems Gigi has written about 'designing institutions', which is an interesting line for any economist, not just one of her declared leanings.
Apparently several chapters offer supposed solutions to the damage she claimed to have come from management of COVID. That includes a 'citizen oversight committee' that could summarily suspend any government direction on health management, based on - whatever feelings the citizens had acquired. Gillespie, lawyer by training, suggests that the information those citizens applied would be reliable, because it would come from 'blockchain' and 'AI'.
But those are minor matters - as are the ways of having (let's call it 'Freestrayia'?) depart the Commonwealth, at least in the mind of lawyer Gillespie. The interesting proposition is running a new nation here entirely on the revenue of its extractive industries.
It is not clear if they have written to Gina, and, I guess, Richard Goyder, in the chair at Woodside, for their support. After all - no income-, or corporate-taxes - has to appeal to the business bodies, doesn't it?
Chadwick, thanks for the reply.
DeleteYour source, Foster & Gillespie who think WA "wold be a libertarian paradise - no income tax, no corporate tax - everything would be provided from a 20% royalty on the extractive industries." ... only need a bucket of cash flow and a plane ticket to Bahrain, Kuwait, Oman, Qatar, Saudi Arabia (KSA) and the United Arab Emirates (UAE)....
'TAX-FREE HAVENS OR HIDDEN COSTS? A DEEP DIVE INTO MIDDLE EAST INCOME TAX RATES"
...
"Oil wealth has played a major role in shaping the tax policies of Gulf countries, allowing them to forgo personal income taxes and focus on alternative forms of revenue. However, there is a clear trend toward economic diversification and the introduction of new taxes, such as VAT, across the region. As countries like Saudi Arabia and the UAE move toward more diversified economies, it will be interesting to see how tax policies evolve to support sustainable growth while maintaining competitiveness on the global stage."
https://airshare.air-inc.com/tax-free-havens-or-hidden-costs-a-deep-dive-into-middle-east-income-tax-rates
Tell your source... "Force majeure may also be taken into account by authorities when determining residency." ... "The UAE operates two tracks for expats seeking to benefit from tax residency. Individuals typically have to spend 183 days there within a consecutive 12-month period, or 90 days if they have significant ties to the country such as employment or a permanent home."
https://www.ft.com/content/ea6c84c9-3385-4b32-ab25-0f439a26891d?syn-25a6b1a6=1
LMFAO!... "Gillespie, lawyer by training, suggests that the information those citizens applied would be reliable, because it would come from 'blockchain' and 'AI'.
And via PHONyai, via NewsAI via Xai!
They want to escape to Freestraylia Utopia. There is no utopia, except an aboriginal community in NT. I doubt they pay much tax. And a nice warm - 28C - spring fed pool beside the Roper River.
https://en.wikipedia.org/wiki/Utopia,_Northern_Territory
Tell'em they'll need a lot of masks, bull dozers and fire trucks, else they blame UnFrestrayla for violent assults!
Delete"Wildfire smoke linked to rise in violent assaults, 11-year study finds" Phys.org
GinaAI collars moovin fast in Freestraylia... she ordered one for Barnaby.
Delete"Peter Thiel is betting big on a $2B AI cow collar startup powered by cowgorithms — and investors are fighting to get in
Rudro Chakrabarti
Mon, March 23, 2026
An artificial intelligence startup that makes collars for cows is about to be worth more than $2 billion — and some of the biggest names in venture capital are fighting to get in.
Halter, a New Zealand-based company that builds AI-powered smart collars for cattle, is in talks to raise a new funding round led by billionaire Peter Thiel's Founders Fund that would double its valuation to more than $2 billion, Bloomberg reported (1). The deal is reportedly oversubscribed, with so much investor interest that the final size of the round hasn't been determined yet.
https://finance.yahoo.com/sectors/technology/articles/peter-thiel-betting-big-2b-222000722.html?
ReplyDeleteTalk of regime change in Iran is "mote and beam". Regime change in America is a much higher priority, and it is advised by their Constitution - "A well regulated Militia, being necessary to the security of a free State" must overthrow a tyrannical government.
ReplyDeleteThe ABS has a study 70 Years of Inflation in Australia that shows that inflation in the '70s and
'80s was mostly above 9%. My question is, how did the Dame survive the horror?
She was in Freestraylia Haven.
DeleteDon't look at the RED LINE!
ReplyDelete"Daily Sea Surface Temperature
"Upon clicking a data point in the chart, a tooltip will display the estimated daily temperature as well as temperature anomalies relative to both 1982–2010 and 1991–2020 climatological means. "
https://climatereanalyzer.org/clim/sst_daily/?dm_id=world2
Worthwhile read... then...
ReplyDeleteEugine Nier
> trump is seriously ill with Dementia. I spotted this during the 2016 campaign
"Tell me you're either an idiot or a liar without telling me you're an idiot or a liar.
Reply
Share
Freddie deBoer
2d
Liked by Henry Farrell
"now that’s a fucking title/headline"
...
https://www.programmablemutter.com/p/gooning-towards-the-fuhrer-as-policy/comments
DP please consider Freddie's suggestiin as a prompt for a headline.
A good and worthy headline, but on the morrow the pond just had to give Our Henry top billing ... leaving it to readers to decide whether they were reading an idiot or a liar ...
Delete