Wednesday 15 June 2022

Fighting Fake News with REAL 15/6/22; Dutton, Gas; Inflation; Recession;

 

 

Morrison and Frydenberg were electioneering and telling us we were the best. We had "Great Fundamentals". We’re not and haven't! We don’t manufacture anymore not even our own cars since Abbott closed that down. Morrison wants us to be an “arms” manufacturer and the world’s biggest fossil fuel exporter. "We don't have to be scared of coal" he cried in parliament. Mining took us up those 3 notches. All of which spells the death of the planet and the environment. Maybe Australia needs to lift its game and become less competitive in terms of old standards and find new ones to judge itself on.

We are a resource-rich nation like no other of sun, wind, and oceans and have the potential to be less destructive to our flora fauna land and planet on which we rely. We need to become a 23rd-century Indigenous nation.

Frydenbergs “Great Fundamentals"

Australia’s strong trade performance and pandemic recovery has elevated the nation’s international competitiveness by three spots to 19th in a global survey of 63 countries.

This came after Australia fell to its lowest ranking in 25 years in 2021, the Institute for Management Development World Competitiveness Yearbook showed on Tuesday.

However, the Committee for Economic Development of Australia think tank has warned Australia’s future competitiveness is not assured without lifting its game in a number of areas.

This includes technology, energy, skills and training, entrepreneurship, tax and productivity.

Australia’s worst ranking was in the entrepreneurship category, standing at 61 out of the 63 countries, while workplace productivity tumbled from 20 to 41.

Source: Australia must lift game to be competitive – Michael West

 

Sky After Dark’s horse in the race doesn’t look like a genuine thoroughbred. They are painting him up to be their Fine Cotton but we all know his track record.

Morrison is already playing the salesman and shifting blame away from himself in Trump-like fashion never admitting he was his own dead weight. The Edsel in 2022. But then is he better or worse than Dutton? Morrison has after all the Pentecostalists who are fully immersed in politics since Howard enticed them and their money to the Party and unleashed the culture wars. Dutton has only the Monkey Pod room with Hastie and Credlin seeing the light of opportunity.

But Dutton will have to get used to the fact the new government – not the Coalition – now has the allure and prestige of power. There’s only so much tub-thumping he can do without looking isolated and pitiable.

It’s been called the worst job in politics. Can Peter Dutton buck the trend?

 













 
 
 
 
 
 
 
 
The Fiberal Party of Australia - Lies & Misdemeanours
 

"Researchers have conducted a deep-dive analysis of companies on the Australian Stock Exchange and found 95.7 per cent are foreign owned.

With 80 per cent of Australia’s gas being exported out of the country, households and businesses are experiencing price shock with “apocalyptic” rises in energy prices nationwide.

The Australian Energy Market Operator (AEMO) has been forced to step in and cap gas prices in Sydney, Melbourne and Brisbane to $40 per gigajoule, but it is still...

See more
 

news.com.au

  

 Prior to the election the LNP and MSM  were telling us Australia's "Economic Fundamentals" were looking great the best among the first world OECD nations. The election is over now and one gets the sense a crisis has "developed" in a matter of weeks according to the news. Yes, "developed not inherited". Does anyone find that the ALP is now being set up to be blamed? If a freighter can't be turned around 180 degrees on a coin how is it a nation can?

 Inflation hasn't been caused by the increase in workers wages that's for certain. It's been more the systemic profiteering of gas and coal with government reluctance in transition to renewables that's pushing prices up. But will workers now be made to pay? Watch the news!

The LoweDown: batten down the hatches for “decisive action” as recession, bear markets loom

Recession is likely. Share markets, bonds, property, crypto; it’s all falling, just as the cost of living is soaring and central banks around the world are hoisting rates to crush demand and curtail rising prices. Michael West checks out the outlook.

The LoweDown: batten down the hatches for “decisive action” as recession, bear markets loom

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