Carbon Tax

[medhead]

I commend Andrew Bolt's blog about the carbon tax from yesterday to anyone who thinks voting out the government is the answer. When someone like Andrew Bolt says the Liberals plan is rubbish it speaks volumes.


Sent from the Throne

 

[ajw373]

Re: Qantas sticking to charging passengers for carbon tax

If there was some kind of award for the most nonsensical argument against the Carbon tax that would be right up there. Sadly Alan Jones, The News Limited Press and Tony Abbott have a huge head start on you so you'll need to ratchet it up a bit to be in the race.

In fairness the poster not once mentioned the carbon tax in their post, but was going on about the supermarket wars instead. Still scratching my head to see what it had to do with my post. I was saying that I don't think it is such a bad thing if companies change their ways to reduce pollution using subsidies paid for by the carbon tax. Which all bull dust aside is what the carbon tax is really all about.

 

[ajw373]

Re: Qantas sticking to charging passengers for carbon tax

I didn't realise that every Australian farmer stopped producing broccoli for snap freezing because of the impending carbon tax. Why hasn't Tony Abbott been jumping all over that one?

As I said in a post that has been removed for some reason, the poster isn't actually saying the carbon tax is the cause of this issue, but the supermarket wars putting price pressure on suppliers.

I am not 100% sure what the comment had to do with what I was saying (and the comment from the poster was in response to my post). I was simply stating if a company adjusts their ways to reduce pollution even if given a help by the carbon tax then it isn't such a bad thing.

On the other hand if Virgin are 10% cheaper because of better control of costs (including the impact of a carbon tax) I don't particularly care how the airfare breaks down, do you? If Qantas really want to call out the supposed pollution tax proportion of the airfare, then I would like them to also have a column for "Executive Salaries" and "Corporate Lawyers" so that I can see all the negatives on the balance sheet.

Must admit I have never understood all this surcharge business. To me the fare is the fare is the fare. The only time surcharges should be seperate is if they are optional. Such as the surcharge for using a credit card. (not saying I agree with the surcharge either BTW just saying it is an example of one that makes sense to be seperate). But so called surcharges that make up the fare make no sense.

 

[Sprucegoose]

I couldn't possibly comment, it makes me too angry. Except to say the pm will cop it in the neck at the next election which couldn't be held soon enough.

 

[ethernet]

I concur with Spruce. Angry is it. Australia, Paul Keating days, had a policy of paying 'global' parity, but now they distort this by saying when the carbon tax is floated, it will be fixed if it drops or a new tax. WTF. Ignores the fact USA' consumers also get natural gas below parity, yet our petrol is based on Tapas - some 14% higher than US oil. You are either in or out, not a hypocrite. I think there is a good chance both existing leaders will not be the ones in after the election. The real carbon terror that treasury did not model for cost plus rises being compounded (like interest) which is lead to under compensation. Bring the election on.

 

[Moody]

I concur with Spruce. Angry is it. Australia, Paul Keating days, had a policy of paying 'global' parity, but now they distort this by saying when the carbon tax is floated, it will be fixed if it drops or a new tax. WTF. Ignores the fact USA' consumers also get natural gas below parity, yet our petrol is based on Tapas - some 14% higher than US oil. You are either in or out, not a hypocrite. I think there is a good chance both existing leaders will not be the ones in after the election. The real carbon terror that treasury did not model for cost plus rises being compounded (like interest) which is lead to under compensation. Bring the election on.

Why wait for an election? You can emigrate to the good ol' USA right now and take advantage of their cheaper gas prices. Go on ....

Carbon terror???? Sounds like a badly written News of the World headline. Remember them? The bastions of corrupt journalism.

 

[Sprucegoose]

Why wait for an election? You can emigrate to the good ol' USA right now and take advantage of their cheaper gas prices. Go on ....

Carbon terror???? Sounds like a badly written News of the World headline. Remember them? The bastions of corrupt journalism.

I think that was not the representative point of the post, poor governance was at the very least. You don't pull up stumps on the back of a poor deal or a hissy fit, you stay in the game in order to fix.

I won't leave Australia until my work is done. And my work is not done while Gillard is PM!!!

Btw American gas prices aren't what they used to be either...the grass is...........

 

[medhead]

I think that was not the representative point of the post, poor governance was at the very least. You don't pull up stumps on the back of a poor deal or a hissy fit, you stay in the game in order to fix.

I won't leave Australia until my work is done. And my work is not done while Gillard is PM!!!

Btw American gas prices aren't what they used to be either...the grass is...........

Is the answer to poor governance the even worse governance being offered by the current opposition leader? In other words, that point might be valid if there was a viable alternative.


Sent from the Throne

 

[SeatBackForward]

I won't leave Australia until my work is done. And my work is not done while Gillard is PM!!!

When did Australians get to decide who the PM is?


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[Jeffrey O'Neill]

The current situation reminds me of a fast forward or full frontal comedy sketch from the mid 90s.

They have a group plotting the assassination of Clinton - I don't remember the reasons they give.

As they go through the plan and finish with success one of them says and now we have Dan Quale as President.

Suffice to say as the new reality sinks in they start to question their plan.

Maybe people REALLY need to start to think what an Abbot Government will actually do. So far I heard what they wont do. I've yet to actually hear how they will provide bigger badder surpluses than Labor. I've yet to hear how they will provide broadband faster and cheaper than Labor. I've yet to hear how he will tow the boats back to Indonesia when he's too big a cough to bring it up with SBY during 1 on 1 talks. A lot of Liberal supporters say they want an election NOW, but if there was an election in 4 weeks, what policy do the Liberals have???

Think of this - anyone getting over 10Mbs on their current internet will get nothing from the Liberals. You will remain on what they call direct copper. It will be a decade or more before any progress will be made with Telecommunications in Australia. I also don't understand how you can roll our broadband faster when you say you will stop everything and then have a CBA done to determine the best way forward.

I know people like to claim the roof bats were a total waste of money, but could the reduction in residential electricity use be partly a result of the energy efficiency gains due to the insulation? I've certainly noticed a reasonable change in my house since getting the insulation installed. This winter has been cold, but as yet I've been able to get by with an extra jumper where before I'd have probably need to run my heater on low in my room.

There seems to be this inbuilt belief that the Liberals - remember they've willingly teamed up with Barnaby Joyce - are some how better financial managers. Remember that the Labor party were the ones who floated the dollar and who killed off the tariff walls that were keeping unproductive and inefficient businesses going. It was Labor who was able to get the unions to agree to lower wage rises so we could all be covered with superannuation. It was labor who brought in enterprise bargaining.

At present I feel like voting for None of the Above - watch Brewster's Millions to understand why

 

[cove]

As a practical example two of my manufacturers are getting power price increases of $140,000 where we make products for the Australian market. We compete with imported products so price increases to our retailers are not possible.
About 100 immediate jobs are at risk and if these two businesses close about 500 jobs will be lost as so much of our economy is connected. South Australia will be hurt as Australian manufacturers cannot compete with a high Australian dollar and a Carbon Tax.
I really don't want to see South Australia sink into the hole that Tasmania is in.

 

[SFSC]

The high dollar is indirectly also the Gillard government's fault. What happens is that the currency is traded, in part, with regard to how traders see the underlying economic situation of the country. Unfortunately, the traders must not be listening to our redneck radio shock jocks nor reading the Murdoch press.

 

[Jeffrey O'Neill]

The high dollar is indirectly also the Gillard government's fault. What happens is that the currency is traded, in part, with regard to how traders see the underlying economic situation of the country. Unfortunately, the traders must not be listening to our redneck radio shock jocks nor reading the Murdoch press.

It's our historically low interest rates that are causing this. Low interest rates are bad for the economy

Oh, well it's the economic mismanagement leading to Russia, China, Singapore and other countries to buy Australian Government bonds as a way to diversify their portfolios.

Oh, um, well must be the crippling budget deficits we have. Oh, Australia has some of the lowest debt in the OECD.

Um, could it be the rest of the world views Australia better than the locals do??

 

[medhead]

It's our historically low interest rates that are causing this. Low interest rates are bad for the economy

SNIP

Um, could it be the rest of the world views Australia better than the locals do??

There must be some element of sarcasm in that comment? Channelling Howard? - "interest rates will always be lower under a coalition government"

Of course, the reality is Australia has some of the highest interest rates in the world and has done for some time. (funny bit was read a Jeremy Clakeson column from 2007 that said the british government's carbon price was economic suicide.)

Now if only we could convince the rest of the world that we're committing economic suicide. They might stop buying our dollar and thereby help exporters. Not only that we can all go back to expensive overseas travel.


Sent from the Throne

 

[drron]

The high dollar is indirectly also the Gillard government's fault. What happens is that the currency is traded, in part, with regard to how traders see the underlying economic situation of the country. Unfortunately, the traders must not be listening to our redneck radio shock jocks nor reading the Murdoch press.

No our dollar has only a small correlation with our economic status.It is a resouce risk currency and one of the top 10 currencies by volume traded because of this.So if people think things are good they will take increased risk,if not they wont.
If the dollar was high because of our economy then why when there are bad US economic figures and the DOW falls does our dollar also fall?

 

[SFSC]

No our dollar has only a small correlation with our economic status.It is a resouce risk currency and one of the top 10 currencies by volume traded because of this.So if people think things are good they will take increased risk,if not they wont.
If the dollar was high because of our economy then why when there are bad US economic figures and the DOW falls does our dollar also fall?

The Aussie seems to be a tad less downside sensitive to external woes nowadays than it has been up to recent times.

However, to get back on topic - I'm expecting a power bill any day soon and it's not going to be good but mainly because of extra consumption.

 

[Moody]

The Aussie seems to be a tad less downside sensitive to external woes nowadays than it has been up to recent times.

However, to get back on topic - I'm expecting a power bill any day soon and it's not going to be good but mainly because of extra consumption.

No - it will be mainly due to the 15-21% increase in the tariffs. If your consumption has gone up as well then you may need to redraw off your mortgage to pay your next bill!

 

[Jeffrey O'Neill]

No - it will be mainly due to the 15-21% increase in the tariffs. If your consumption has gone up as well then you may need to redraw off your mortgage to pay your next bill!

Remember the carbon tax is around 8-9% of the increase.

it's the building of peak capacity that's really costing us. I've read around 10% of electricity assets are used for around 100 hours a year. Mainly peak gas plants that get turned on when electricity is priced high - sometimes reach $17,000 a MWh

Average electricity prices have actually been declining the last couple of years.

The system is biased towards the poles and wire companies trying to spend as much as the regulators will let them s they get a 7-8% return on it - I'd LOVE to give someone my money and get that kind of returned guaranteed!!!

Maybe what the Government needs to do to overcome the bias towards spending more for peak capacity, and helping the electricity retails encourage us to use less electricity - would be to hold auctions for say saving 100 MWh of consumption over the year, or maybe target the reduction at the peak periods. The retailers can bid for the funding - auction gets it at the lowest cost. that way the markets gets the solution at the lowest cost, and the Government overcomes the problem for the business that helping customers use less power is killing off their business.

Just remember, when you've got your aircon running from 4pm till 9pm YOU are contributing to the network builds and upgrades that have raised electricity prices by 40% (ex carbon tax) over the last couple of years .

 

[whatmeworry]

He also said the carbon tax would have little economic impact. ''It is a far bigger issue politically than economically.''

Mining boom forecast to end in two years

 

[SeatBackForward]

Mining boom forecast to end in two years

Cashed up Bogans decide, now is the time to spend more money than ever, before it runs out.

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