#SolarPanels #Faulty #CarbonCredits Australia has an obsession with cheap domestic solar panels. From unwarranted carbon credits, unsafe installations and faulty products, let’s have a look at this example of how government involvement in the market binding the invisible hand. References Australia’s obsession with cheap solar is derailing the market, insiders say https://www.abc.net.au/news/2019-05-27/australias-obsession-with-cheap-solar-derailing-market-insiders/11139856?fbclid=IwAR0uNvGXpMCt8LDmwnBev7EbtGEHKZPogFYZzLg7lsdM0B3UgkW33yyWrgU
Tag: Australia
#AusPol #Budget #Housing It appears that the Melbourne housing price crash has left a huge hole in the Victorian State Budget. While the natural response for a Labor government is to increase taxes, I am concerned that they didn’t foresee this issue. References Housing fall blows $5.2bn hole in Victorian budget https://www.theaustralian.com.au/nation/politics/housing-fall-blows-52bn-hole-in-victorian-budget/news-story/b3f8bedafa7ad255572e1c3f859a9751
#ClimateChange #Melbourne #ExtinctionRebellion Extinction Rebellion protested in Melbourne today. Another case of fear mongering and confirmation bias driving people to protest and act like cultists. Reference Snap ‘climate emergency’ rally to disrupt parts of Melbourne CBD at middayhttp:// https://www.news.com.au/technology/environment/climate-change/snap-climate-emergency-rally-to-disrupt-parts-of-melbourne-cbd-at-midday/news-story/9a7b7772590f73917d91fd1dd7a3842b 1920 https://www.reddit.com/r/dataisbeautiful/comments/5ypzom/1920_australian_population_map_it_is_missing/
#AusPOL #Labor #WageGap Tanya Plibersek has decided to not run for the leadership of the Labor party because she wants to put her family first. As she has turned down an opportunity for a significant pay raise and promotion, do you think she know understands why there is an earnings gap? References Tanya Plibersek has […]
#Mintabie #Eviction #Discrimination The town of Mintabie has taken the South Australian Government to Federal Court. They are claiming that the APY Act is in breach of the Anti-Discrimination Act. Does excluding people based on their race seem fair to you? Why is ethnic exclusion good for one group and not another? References My Original […]
#Election2019 #ShiftTheWindow #AusPol Sadly our recent federal election has seen some acts of political violence that are very unusually for Australia. Can you guess which side the violence is coming from? References One Nation truck set on fire https://www.theaustralian.com.au/nation/politics/one-nation-truck-set-on-fire/news-story/79e4d12d1362e3cafe057f757fdb7fda https://www.perthnow.com.au/politics/federal-election-2019/federal-election-2019-one-nation-volunteer-hurt-in-random-racist-attack-at-south-ballajura-primary-school-voting-centre-ng-b881203690z?fbclid=IwAR0U2JQAF_FROeiPBmes1xR0i6osj2D7rH4OZuRuwVwcYarRgbwJ_G_48WI
#Election2019 #ShiftTheWindow #AusPol Stuart Bonds who was running for the house of reps in Hunter NSW has achieved an amazing 21% primary vote results. Could he win One Nation’s first house of reps seat and wrestle Hunter away from 100 years of Labor complacency? Let’s have a look at the current results and theory craft […]
Egg Girl Attacks Scomo
#Scomo #EggGirl #Election2019 It appears smashing eggs onto people’s heads is becoming a popular form of protest because Prime Minister Scott Morrison has been hit on the head with an egg at the Country Women’s Association. Why do they keep letting these people go? References https://www.sbs.com.au/news/we-will-stand-up-to-thuggery-prime-minister-scott-morrison-responds-to-attempted-egging?? https://www.sbs.com.au/news/we-will-stand-up-to-thuggery-prime-minister-scott-morrison-responds-to-attempted-egging??
Will a Rate Cut stop the Housing Crash?
#AusPol #InterestRate #Housing The RBA is looking at cutting Australia’s Cash Rate. Will an Interest Rate cut stop the housing crash? References Australian dollar headed for a fall as Reserve Bank mulls interest rates cut https://www.abc.net.au/news/2019-05-06/why-the-aussie-dollar-is-headed-for-a-fall/11081810?pfmredir=sm The Observatory of Economic Complexity https://atlas.media.mit.edu/en/profile/country/aus/ 6202.0 – Labour Force, Australia, Mar 2019 http://www.abs.gov.au/ausstats/abs@.nsf/0/6050C537617B613BCA25836800102753?Opendocument
#AusPol #Recession #MortgageDelinquencies Australian mortgage delinquencies are on the rise. This does not bode well for the economy and is another sign of the impending recession. References https://www.abc.net.au/news/2019-05-02/negative-equity-on-the-rise-as-house-prices-continue-to-fall/11061780