Regarding the Greens, and David’s question about how it could legally be done to override the RBA, Section 11 of the RBA Act empowers the Treasurer to override. I think it’s important an Minister retains that power, but Labor until last month wanted to strip that power away. Thankfully they have decided to keep it, but it shows how the ALP was keen in allowing a pure technocracy to rule over monetary policy.
Whether the Greens lose credibility won’t be answered until Election time, and in the meantime the ALP polling 28-31% is the defender of the status quo which is hurting Australians dearly. Inflation is down, but after around 15% over the last 3 years and limited to support to young people and the elderly, ALP is bad at politics by alienating their base.
On the environment, nothing can be said about the ALP’s extension of the mining that has not been already articulated: the ALP is not serious about emissions reductions. Plibersek ought to resign as this is her destructive legacy. She won’t though as she’s been in Parliament for 26 years and likely wants additional terms.
On the chances of a minority government. Whether it is right or left wing it’s important that neither major party gets a majority. Single member electorates are producing disproportionate results which could be ameliorated by your proposal in your book by having multi member electorates. Right now the House of Representatives has broad diversity despite the preferential voting system which props up the major parties. An informed group of electorates voting for independents is crucial for the public interest.
I doubt Penny Wong is concerned at all. She clearly supports the Government’s position to run cover for Israel, no matter how humiliating the position they are put in at the UN. Human rights for the ALP are selective, and they were quick to back Israel’s versions of events over Zomi Frankom’s assassination. Any Australian in trouble overseas should be nervous if Wong is their advocate.
Thanks again John. I didn’t realise as you ascertained that the treasurer has override powers. That then makes things interesting. And supports my other point that the greens don’t message well, thanks to a hostile media but also I think to over exuberance or inexperience.
The ALP is equally as bad. Announcing another three coal mines this far into the term is not and can not be defended as getting rid of late commitments from the last government. It’s a party to entrenched to the mining industry - not their workers: this needs to be changed.
On a broader sense I’m wondering if a friend of mine is right - the centre of politics is dying, due to a lack of principle. Food for thought.
And yes the election will tell us a lot about how things are. But it’s our job to make assumptions that the election will test.
To the point about making assumptions, I definitely appreciate your and Eddy’s analysis which is very valuable. The historical perspective you both give is informative.
My prediction won’t be about seat counts but I think the redistribution means some good independents will lose their seats to the LNP in large part due to the ALP’s foolish decision to not bolster them more and give them a greater public profile.
A strong swing against the ALP is due in multicultural communities due to the cruel indifference the ALP has shown, especially those communities that the ALP has claimed to support. It may not be enough to remove high profile ministers, but the swing will not likely help the ALP in the senate. If there is a minority government, Albanese should step aside because he appears very hostile to the crossbenchers and Greens. He’s been in for almost 30 years and clearly can’t cope with the idea of a power sharing parliament.
Another informative episode Eddy and David.
Regarding the Greens, and David’s question about how it could legally be done to override the RBA, Section 11 of the RBA Act empowers the Treasurer to override. I think it’s important an Minister retains that power, but Labor until last month wanted to strip that power away. Thankfully they have decided to keep it, but it shows how the ALP was keen in allowing a pure technocracy to rule over monetary policy.
Whether the Greens lose credibility won’t be answered until Election time, and in the meantime the ALP polling 28-31% is the defender of the status quo which is hurting Australians dearly. Inflation is down, but after around 15% over the last 3 years and limited to support to young people and the elderly, ALP is bad at politics by alienating their base.
On the environment, nothing can be said about the ALP’s extension of the mining that has not been already articulated: the ALP is not serious about emissions reductions. Plibersek ought to resign as this is her destructive legacy. She won’t though as she’s been in Parliament for 26 years and likely wants additional terms.
On the chances of a minority government. Whether it is right or left wing it’s important that neither major party gets a majority. Single member electorates are producing disproportionate results which could be ameliorated by your proposal in your book by having multi member electorates. Right now the House of Representatives has broad diversity despite the preferential voting system which props up the major parties. An informed group of electorates voting for independents is crucial for the public interest.
I doubt Penny Wong is concerned at all. She clearly supports the Government’s position to run cover for Israel, no matter how humiliating the position they are put in at the UN. Human rights for the ALP are selective, and they were quick to back Israel’s versions of events over Zomi Frankom’s assassination. Any Australian in trouble overseas should be nervous if Wong is their advocate.
Thanks again John. I didn’t realise as you ascertained that the treasurer has override powers. That then makes things interesting. And supports my other point that the greens don’t message well, thanks to a hostile media but also I think to over exuberance or inexperience.
The ALP is equally as bad. Announcing another three coal mines this far into the term is not and can not be defended as getting rid of late commitments from the last government. It’s a party to entrenched to the mining industry - not their workers: this needs to be changed.
On a broader sense I’m wondering if a friend of mine is right - the centre of politics is dying, due to a lack of principle. Food for thought.
And yes the election will tell us a lot about how things are. But it’s our job to make assumptions that the election will test.
Thanks again. DL.
Hi David,
To the point about making assumptions, I definitely appreciate your and Eddy’s analysis which is very valuable. The historical perspective you both give is informative.
My prediction won’t be about seat counts but I think the redistribution means some good independents will lose their seats to the LNP in large part due to the ALP’s foolish decision to not bolster them more and give them a greater public profile.
A strong swing against the ALP is due in multicultural communities due to the cruel indifference the ALP has shown, especially those communities that the ALP has claimed to support. It may not be enough to remove high profile ministers, but the swing will not likely help the ALP in the senate. If there is a minority government, Albanese should step aside because he appears very hostile to the crossbenchers and Greens. He’s been in for almost 30 years and clearly can’t cope with the idea of a power sharing parliament.