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Anidav
Feb 25, 2010

ahhh fuck its the rats again
Little did the British know that by doing this they created Australia. Go back in time and show Captain Cook this thread, problem solved.
I remember a bunch of lovely shows on the History Channel saying that the British were a mere few days away from being beaten by the Dutch. Speaking dutch would be pretty rad.

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Anidav
Feb 25, 2010

ahhh fuck its the rats again
Hey I haven't had foxtel in a decade. Pretty sure every colonial power had a toe in Australia and was an wax sealed envelope away from invading it. I'm not sure how you'd rank them in regards to genocidal brutality though. Maybe some of the other Great Powers would've tried softer assimilation but that's just fictional theorycrafting because they were all racist to an extent back in the day.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Well, much worse than now. They don't keep African Children in Zoos anymore I hope...

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Ottoman Australia.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
How did the German Colonies go? Never learned much about them. They probably collapsed like Liberia.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I thought they had east africa?

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Father, give me good posts

Faaaaatherrrrr

Anidav
Feb 25, 2010

ahhh fuck its the rats again
They didn't have internet!

Anidav
Feb 25, 2010

ahhh fuck its the rats again
This government keeps loving up at breakneck speed. Questions how competent they will be on the campaign trail.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
The Prime Minister says the states cannot any longer credibly ask the federal government to raise taxes for them if they are not prepared to raise taxes themselves.

The Prime Minister has hit back at the rejection of his income tax plan, painting its defeat as a "moment of clarity" that revealed the states lacked the stomach for reform and must live within their means.

Malcolm Turnbull on Saturday brushed off suggestions that the failure of what he hailed as only days ago as "the most fundamental reform to the federation in generations" marked a major humiliation for his government.

He instead recast the outcome of this week's Council of Australian Governments meeting as showing up the inconsistencies of the states, which had appealed to the federal government to give them the proceeds of increases to the GST and income tax.

"The important thing is that what we have seen is the states making it very clear that they are not prepared to contemplate being responsible for levying a share of income tax," Mr Turnbull said.

"What that means is they cannot any longer credibly ask the federal government to raise taxes for them to spend if they were not prepared to raise those taxes themselves when they were given the opportunity."

The proposal, branded "double taxation" by Opposition leader Bill Shorten, would have seen a reduction of the federal government's income tax collection in favour of allowing the states and territories to collect the remainder to fund services like hospitals and schools.

Leaders instead agreed to consider a counter-proposal that would give states direct access to a fixed percentage of a growing income tax pool, replacing tied and special-purpose grants from the Commonwealth.

Mr Turnbull said the defeat of his government's plan was a "wake up call" for the states, which had made it clear that they did not want to put up taxes and "neither do we".

"So this has been a very important moment of clarity, and what it says to us is that we must live within our means," he said.

Friday's meeting otherwise ended with state and territory leaders accepting an extra $2.9 billion for health and hospital spending to 2020.

Mr Turnbull's comments about the states and territories were echoed in Melbourne by his Health Minister Sussan Ley, who denied the proposal's defeat was an embarrassment.

"They're quick to ask the Commonwealth to do their dirty work," Ms Ley told reporters in Melbourne on Saturday.

"We should never make an apology for having big ideas and the courage to make a difference."

Mr Shorten, who appeared at a shipbuilders' rally in Adelaide on Saturday, branded the unsuccessful tax proposal a "humiliating farce".

"He doesn't even have the courage of his convictions," said Mr Shorten said.

Defence Minister Marise Payne, who appeared alongside Mr Turnbull in Sydney on Saturday following an inspection of the HMAS Canberra, separately lashed out at the opposition's shipbuilding record.

Labor had not placed a single order to build a ship in Australia during six years in government, she said.

"It is hypocritical in the extreme and they should be exposed for the absolute hypocrites that they are," Senator Payne said.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
States refuse to take the blame on tax increases
This means that the federal government cannot raise taxes because the states refuse to live within their means.

Anidav
Feb 25, 2010

ahhh fuck its the rats again

One is carrying a folder, the other has a reference for City Beach on his resume.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
OR A REALLY THIN PURSE WITH IMPORTANT DOCUMENTS

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Anna P no! You were the chosen one!
*watches Daniel Andrews approve killing children for hunting*
ALP Noooooooooooooooo
Not Agaiiiiiiiiiiiiiiiiiiin.

Anidav
Feb 25, 2010

ahhh fuck its the rats again

:getout:

Anidav
Feb 25, 2010

ahhh fuck its the rats again

OH so this is the election winning positioning they are going for.
Blame Labah Volume XIV

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Define "free".

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I don't understand supporting a party that always finds more ways to sink deeper into corruption.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
"If Annastacia Palaszczuk and her ministers were smacking their lips at the heroic prices her southern neighbours have just won in privatising NSW electricity, their ambitions for a truckload of cash from the sale of Powerlink will have been quickly tempered by the state treasury.

So lavish are the dividends which the Queensland government derives from Powerlink that Treasury is loath to bid it farewell. You can't blame them; we are talking about a total return on equity of 23 times over 15 years.

To put it in perspective, this return is akin to the profits to be had from a tearaway speculative mining company but with all the risk, that is no risk, of a public utility.

In a recent energy market presentation, Hugh Grant – not that Hugh Grant – consumer advocate and 30-year electricity industry veteran Hugh Grant, pointed out the Queensland utility typically delivers a 20-30 per cent annual return on equity whereas most ASX companies have struggled to deliver five per cent.

As far as state corporations go this is the golden calf (though a golden calf which has come at a heavy cost to consumers).

Profits without efficiency

Profits from NSW and Victorian electricity market returns have been spectacular too, though Victoria less so, where the assets were privatised 25 years ago. Ironically, the Hugh Grant analysis cites Powerlink as the nation's most inefficient transmission network.

This is precisely why the government of Queensland ought to privatise. This writer is not a huge fan of privatisation, but there are times when it makes sense. If Hugh Grant is right, this is the very top of the market.

Electricity prices have run too high so if rational markets prevail, and technological advances proceed apace, consumers will progressively shift off the grid.

There is already switching in agricultural markets from electricity to diesel pumps. Take-up for solar power continues to rise. More investment is now funnelled into battery technology than if the networks' prices were based on fair returns.

$33 billion on the table

Moreover, the price recently achieved by Mike Baird's government for the sale of NSW transmission asset Transgrid was a heady 1.65 times book value (regulated asset base – RAB). If Queensland can get the same price, it would achieve a cool $33 billion in spending money for the Queensland government (after paying off the network's debt).

What of the conundrum though that once the asset is gone it no longer delivers state revenue yet the regulatory regime is such that consumers will still have onerous electricity prices foisted upon them during private ownership?

If you look at Powerlink, here is an asset which has delivered no losses and no low profits in 15 years. Its RAB, during that timeframe has multiplied four times.

The Queensland Government's $401 million equity investment in Powerlink has accrued total returns of $9.4 billion, that is, it has returned over 23 times the equity investment.

Bear in mind that, like other electricity providers it has managed to do this by gaming the regulators.

Wrong incentives

Unfortunately, the more money the utilities spend the higher the return they make. They have a disincentive to be efficient.

Despite the sophistry of their lawyers and consultants in pushing the Australian Energy Regulator for price rises and the silly schemes such as DORC (depreciated optimised replacement cost) which they deploy for valuation, the sale price of Transgrid is hard evidence the 'market' is not working.

As Grant points out, the networks have made many assertions over the past two years that 'return on equity' allowances would: 1. not enable them to recover efficient financing costs, 2. make them unattractive to equity investors, 3. result in lower investment in the network, and 4. significantly increase their financing risks.

"The extraordinary sale price achieved by TransGrid makes a mockery of those claims," says Grant.

Foretaste of farce

Last year's barney in the Australian Competition Tribunal, where the networks sent 40 lawyers in to convince three men that the regulator's efforts to curb electricity prices was a bad thing, is a foretaste of the farce to come.

With the networks increasingly privatised – and governments no longer so burdened with the conflict of raking in humungous dividends or giving their citizens price relief – private operators will continue their gaming.

But with electricity prices twice as high as they should be and the cost of renewable technologies falling it is only a matter of time before more consumers move off the grid.

For the poorest consumer this will not be good, as the networks will recoup their investment from a lower base.

While private buyers for the state assets are clearly – if the Transgrid sale price is any indication – expecting a kind run from regulators, in the end this may well be seen to have been the peak of the market.

There are two NSW assets still to be sold, stakes in the distributors Ausgrid and Endeavour Energy.

Recent reports in the press indicate the price tension has eased with two of the four bidders for Ausgrid said to have pulled out, leaving just two still in the auction.

:allears:

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Bill Shorten's face when leading in 2PP

Anidav
Feb 25, 2010

ahhh fuck its the rats again
"Legally"

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Labor have had a good few weeks but them saying they're preferencing Libs over Greens is an odd move, You'd usually aim to make less enemies rather than more against a populist like Turnbull.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I wonder if some ALP focus groups made them determine that the public is capable of critiquing the LNP without the ALP saying anything so therefore it's best to attack the Greens because it gets younger people engaged into voting therefore by extension expanding the ALP's 2PP while the public rips the LNP apart themselves :v:

Anidav
Feb 25, 2010

ahhh fuck its the rats again
So they're basically attacking the Greens knowing that young people will come to the lesser of two evils conclusion and then not return the favour and gently caress The Greens in preferences while getting the usual rewards for being "progressive"?

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I dunno trying to put a Liberal in Melbourne seems like a pretty bad deal to me :shrug:

Anidav
Feb 25, 2010

ahhh fuck its the rats again

Malcolm 'Steve Ballmer' Turnbull posted:

JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH
JOBS AND GROWTH

Anidav
Feb 25, 2010

ahhh fuck its the rats again
https://www.facebook.com/Boycott-Channel-10-Until-They-Sack-Waleed-Aly-1723506114584752/


:psyboom:

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I like how they couldn't figure out how to draw a boarderless red circle in paint.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Well yeah, most of the public agrees with Green policy but is generally unaware that it is Green policy because the ALP and the Media block any coverage and prop up the stereotype of those "loony greens want us to live in caves"

Anidav
Feb 25, 2010

ahhh fuck its the rats again
QLD Labor is a mess because Beattie set in stone a path whereby they must be in bed with QLD mining or else get hosed by the North in the next election.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Nah seriously the extent QLD Labor <3 Mining is Liberal levels of disgusting. Sunshine State and we have no government supporting Solar.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I wonder if those rumours of a Jackie leadership challenge are true.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Actually it's because they think he is a secret ISIS and is just pretending to hate ISIS.

No joke.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Bill Shorten is expected to be in Brisbane today to announce federal funding for the cross river rail if elected with no such pledge coming from Turdball.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I think Queensland closed all their monorails and sold one of them to Sea World. I think the casino up in Broadbeach runs one too? It used to be a lot bigger.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
I remember this one Queensland Monorail that had the logo of a red butterfly and it ran on the Gold Coast during the 90s and shut down after a few years. I cannot find pictures of it anywhere so I'm not sure where it was or what it was for.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Telecommunications.

Anidav
Feb 25, 2010

ahhh fuck its the rats again

I bet News Corp took a quote out of context here...

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Nearly 300,000 dole payments suspended
https://au.news.yahoo.com/video/watch/31288221/nearly-300-000-dole-payments-suspended/?cmp=st#page1
That video.
THAT VIDEO.

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Anidav
Feb 25, 2010

ahhh fuck its the rats again

Measly Twerp posted:

Requires flash. I guess I was spared the horror?

They made a whole news segment about how dole bludgers are skipping job interviews to play golf.

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