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norp posted:https://www.theguardian.com/australia-news/2017/sep/11/coalition-to-allow-government-backed-loans-to-coalmines-as-banks-hesitant Looters N' Pillagers party.
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Sep 11, 2017 14:33
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norp posted:https://www.theguardian.com/australia-news/2017/sep/11/coalition-to-allow-government-backed-loans-to-coalmines-as-banks-hesitant A Wellington Boot Full of Horse Semen posted:Steve Ciobo, the minister for trade, says protesters and activist groups have so discouraged Australia’s retail banks from financing “otherwise viable exporters in the coal sector” that the government must to step in to fund a growing “market gap.” No, you cumboot; banks are divesting from coal because it's a poo poo investment. If banks gave a poo poo what activists thought, they wouldn't be responsible for pricing an entire generation out of the housing market, whilst pounding us all into the next gfc via predatory lending practices.
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Sep 11, 2017 14:42
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Remember when they argued against the CEFC because they didn't want the government interfering with market forces and backing loans that banks wouldn't touch? Good times
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Sep 11, 2017 15:18
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Something I just found out I didn't know - what was the 50,000 years of pre-contact marriage in Australia like?
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Sep 11, 2017 18:40
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Comstar posted:Something I just found out I didn't know - what was the 50,000 years of pre-contact marriage in Australia like? matrimonium nullius
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Sep 11, 2017 19:44
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Don Dongington posted:No, you cumboot; banks are divesting from coal because it's a poo poo investment. If banks gave a poo poo what activists thought, they wouldn't be responsible for pricing an entire generation out of the housing market, whilst pounding us all into the next gfc via predatory lending practices. It's a good thing protesters and activists are men of no nation or creed beholden to no citizenry, instead of regular-as people who vote that disagree strongly enough with something to go out and say something about it. Otherwise this guy would look really lovely fighting for big foreign interests over the concerns of the people who elected him. Cleretic fucked around with this message at 21:35 on Sep 11, 2017 |
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Sep 11, 2017 20:00
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Energy company AGL has blinked in the face of sustained pressure from the Turnbull government over the future of the Liddell coal-fired power plant, asking for 90 days to come up with a proposal to keep the plant open, sell it - or deliver equivalent power into the market.
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Sep 11, 2017 21:19
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AGL's plan: Give us lots of money, thanks.
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Sep 11, 2017 22:16
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How long to various forms of renewable energy take to go from planning to coming on line? How much renewable capacity is it technically feasible to add to the grid in five years? Couldn't a non poo poo government just tender out the contracts to build a heap of windfarms and pumped storage and resolve this issue within a few years?
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Sep 11, 2017 22:35
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Don Dongington posted:No, you cumboot; banks are divesting from coal because it's a poo poo investment. If banks gave a poo poo what activists thought, they wouldn't be responsible for pricing an entire generation out of the housing market, whilst pounding us all into the next gfc via predatory lending practices. No. I work as a credit assessor via one of the big 4. I do two or three applications a day and if a matter doesn't service, the customer doesn't get the loan. We are actively discouraged from writing any loan that is marginal because explicitly the bank doesn't want weak loans on its book. We verify income from customers by contacting employers and any evidence of fraud is used to knock back loans and to dis-credit lenders who represent their customer and remove them. I understand where this thought process of yours comes from but it's flatly wrong.
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Sep 11, 2017 22:50
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Imagine being a government who thinks buying up coal plants is a good idea?
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Sep 11, 2017 22:55
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Anidav posted:Imagine being a government who thinks buying up coal plants is a good idea?
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Sep 11, 2017 23:03
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Anidav posted:Imagine being a government who thinks buying up coal plants that are no longer profitable to run is a good idea? Ftfy
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Sep 11, 2017 23:08
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It's solid because afterwards it becomes an example that government can't run things more efficiently than the free market, and you can use this to justify privatising other things.
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Sep 11, 2017 23:16
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So in some ways are the LNP are nationalising our power companies? I can hear Ben Chifley's corpse doing 7000rpm at the moment.
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Sep 11, 2017 23:23
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The company's chief executive Andy Vesey met with the Government yesterday, giving a commitment to consider keeping it open longer. But that same night, he told the ABC that his company could ensure enough supply while also closing the plant in 2022. Hahaahahhaahah
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Sep 11, 2017 23:31
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Anidav posted:giving a commitment to consider keeping it open longer. I like how this statement is literally meaningless
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Sep 11, 2017 23:32
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You Am I posted:So in some ways are the LNP are nationalising our power companies? It should be 3000rpm so we can sync him in with the rest of the electricity grid
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Sep 11, 2017 23:43
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norp posted:Remember when they argued against the CEFC because they didn't want the government interfering with market forces and backing loans that banks wouldn't touch? literally last weekend the nationals voted to phase out renewable subsidies because intervening in the market is horrible, just horrible
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Sep 11, 2017 23:43
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Lol china's moving full steam ahead with renewables and future tech.quote:The world's largest car market, China, has indicated it will follow countries like France and Britain in moving to ban the sale of new petrol and diesel engines.
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Sep 12, 2017 00:43
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If we can't build petrol cars I don't see why we'd be any better at building electric ones. Good thing we've got a big country we can dig up and sell.
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Sep 12, 2017 00:48
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Comstar posted:Something I just found out I didn't know - what was the 50,000 years of pre-contact marriage in Australia like? as if anyone who believes in 'traditional marriage' gives a poo poo about black australian history
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Sep 12, 2017 01:06
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My first car was a stick
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tithin posted:No. http://mobile.abc.net.au/news/2017-09-11/500b-dollars-of-liar-loans-in-australia-ubs/8892030?section=business
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Sep 12, 2017 01:08
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Chinas battery production is already some of the best in the world LOL if they wouldnt just build the loving cars there too.
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Sep 12, 2017 01:21
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DancingShade posted:A lot of words written by a crazy person. Let me summarize: open24hours posted:If we can't build petrol cars I don't see why we'd be any better at building electric ones. Good thing we've got a big country we can dig up and sell. http://www.abc.net.au/news/2017-09-12/chinas-move-to-ban-sale-of-non-electric-cars-a-tipping-point/8894746 quote:China ban could boost Australian manufacturing Now the elephant in the room is, of course, that car manufacturing plants tend to go to the countries that subsidise them the most so I wouldn't see this as being universally good news for Australia.
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Sep 12, 2017 01:32
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Good news everyone! The "yes" side on same-sex marriage is headed for a resounding victory with seven out of 10 definite voters backing a change to the law, a Fairfax/Ipsos poll has found. Some 65 per cent of respondents rated themselves "certain" to take part in the voluntary postal survey, and of those 70 per cent said they would vote "yes".
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Sep 12, 2017 01:33
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NPR Journalizard posted:http://mobile.abc.net.au/news/2017-09-11/500b-dollars-of-liar-loans-in-australia-ubs/8892030?section=business "Worryingly, 37 per cent of borrowers who got their loan through a broker and lied on the application said it was at the broker's suggestion — only 8 per cent of bank customers said it was a banker who suggested lying."
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Sep 12, 2017 01:38
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Cartoon posted:Rather than just say it's because you are a muppet. The sheer number of parts required to build an electric car is substantially lower than a fossil fuel powered one this means less of a scale for production which vastly reduces the overhead of any construction plant. The disparity in wages is significantly offset by the large scale use of automation. This is, again, facilitated by the construction being much simpler. Maybe if you read some of the links? Yeah this guy sounds like an impartial observer. The simplicity of making electric motors must be why we're such world leaders in other types of electrical manufacturing.
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Sep 12, 2017 01:42
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First dog:
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Sep 12, 2017 01:55
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Synthbuttrange posted:Good news everyone! God I hope these polls are vaguely accurate.
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Sep 12, 2017 02:02
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Paracetamol posted:"Worryingly, 37 per cent of borrowers who got their loan through a broker and lied on the application said it was at the broker's suggestion — only 8 per cent of bank customers said it was a banker who suggested lying." As the wife of a former broker, this is because the bank reps often actively encourage brokers to encourage the lying.
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Sep 12, 2017 02:04
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TBH even if the banks aren't KNOWINGLY giving money to people who can't afford it, they are absolutely doing their best to prop up the property farce as one of the chief profiteers of it. Developers, builders and speculators are the more obvious participants, but there is no way the bank execs aren't sitting there slowjacking over the price of a 3x1 in St Kilda right now.
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Sep 12, 2017 02:34
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bandaid.friend posted:as if anyone who believes in 'traditional marriage' gives a poo poo about black australian history Mandatory Reminder: Since Jesus' time we've had ~1200 years of incest marriage being ok and ~800 years of it not being ok. So "traditional" marriage includes incest  Also things like child marriage, no divorces, ownership of spouses I mean heaps of bad poo poo.
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Sep 12, 2017 02:38
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hooman posted:Mandatory Reminder: Since Jesus' time we've had ~1200 years of incest marriage being ok and ~800 years of it not being ok. P.S. Same Sex Marriage was all fine and okay until John Howard realised this fact and had it changed in a single day back in 1997 or whenever.
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Sep 12, 2017 02:41
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hooman posted:Mandatory Reminder: Since Jesus' time we've had ~1200 years of incest marriage being ok and ~800 years of it not being ok. 
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Sep 12, 2017 02:42
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I tried to look up Indigenous marriage customs and like most pre-colonisation Indigenous history there's very little out there. If anyone knows of anything good on the topic please post it.
open24hours fucked around with this message at 02:49 on Sep 12, 2017 |
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Sep 12, 2017 02:46
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Don Dongington posted:P.S. Same Sex Marriage was all fine and okay until John Howard realised this fact and had it changed in a single day back in 1997 or whenever. 2004. When Massachusetts and other states legalised marriage equality, Howard panicked because he didn't want to have to recognise gay marriage over here.
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Sep 12, 2017 03:22
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open24hours posted:I tried to look up Indigenous marriage customs and like most pre-colonisation Indigenous history there's very little out there. If anyone knows of anything good on the topic please post it. The only thing I can vaguely remember is that wife sharing wasn't uncommon around Sydney which led to a lot of forced prostitution after whities got involved. It also formed beginning of the belief that Aboriginals would die out due to not being sexually possessive enough to continue their line. Can't remember the reference that's from though, sorry.
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Sep 12, 2017 03:24
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The Before Times posted:2004. When Massachusetts and other states legalised marriage equality, Howard panicked because he didn't want to have to recognise gay marriage over here. Along with making bullshit quotes about how the idea of same sex marriage was a crazy new thing that had never occurred to anyone. No, I'm sure there were plenty of people throughout history who would have liked it to be a thing, but they were probably a little preoccupied with the fact that their very existence as people was illegal.
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Sep 12, 2017 04:16
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loving anti vaxxer rally at Martin Place
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Sep 12, 2017 04:31
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