Labor populism under Bill Shorten and Sally McManus, if they deliver on their promises, will make the economy inflexible and weak.
This is a once-in-a-generation opportunity to grab more jobs for Queensland, get a better return for the state’s power generation assets, at the same time lowering prices by introducing generation competition, lowering emissions, and potentially creating new industries in a part of Queensland that needs as much help as it can get.
The professor made a number of claims that were just flat out wrong, surprising in an academic with some expertise in this area, having been at one time an electricity regulator.
In a recent visit to the area I was told that immigration was the number one issue by numerous voters. Growth issues came next. Then I got lectures on how we ought to only buy locally grown or made. You can see why One Nation polls well.
The 60s were our turning point, but we still endured what was in fact a third world existence. Our cities were not sewered, our suburban streets were gravel and dust, our roads were two lanes and gravel.
Former Queensland Under Treasurer Sir Leo Hielscher might be 91, but he is definitely "not out" yet. His McIlwraith Lecture sparkled with commonsense, leavened by long experience.
The ACCC Electricity supply and prices inquiry final report is a tacit acknowledgement that current strategies for CO2 abatement will not work at an affordable price for consumers.
Advocacy is core business for think tanks, but when does advocacy become propaganda? When the think tank is the grandly named Australia Institute, is one answer.
The Australia Institute claims are emphatically wrong, as shown in Table C.1, taken from the Queensland Budget Papers 2018/2019.
Speaking for my generation, I "like" this budget. No chance we’ll have to pay for the benefits. The bill is being passed on to the next generation.