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The Albanese Government |
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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Warning - Rabbit hole on the horizon
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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About to pass 9,500 deaths, and set to be the biggest killer in Australia this year, but dont worry, it is only mild.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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What's the new Govt proposing to do about it ?
Don't think I've heard the word Covid mentioned by Elbow or his inner circle. Too busy saving the planet
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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Nobody cares anymore. Sky News moron Peta Cretin has even given up trying to get Dan locked up.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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Is it just me - or do you think now all the huff & puff is dying down - & the piddling in each others pockets seems to be reducing - that bugger all is really going to change ? Too hard basket for most of the big ticket items me thinks. Hope I'm wrong
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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As you seem to have dropped the ball already oneone First Dog to the rescue.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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I’m afraid Elbow’s big noting that workers wages will keep pace with inflation will end up being an anchor around his governments necks. The forecast inflation figure seems to be the starting for any wage negotiation. Also becomes the figure used by business for a price increase. Viscous circle & I think he will regret that promise
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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If you dont use inflation, what do you use? Most automatic rises in stuff are CPI linked. Low income minimum wage people under awards dont have that automatic mechanism.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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I think it was the way he said it. Was saying to everyone we are happy to see open slather on wage increases - & we don’t really care about consequences
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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That isn't what he said, no matter how many times you repeat it.
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TJMitchell
Champion Joined: 29 Jun 2014 Location: Melbourne Status: Offline Points: 16918 |
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Journo making an absolute tit of themselves today trying for a gotcha. MASSIVE GAFFE
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Time is a flat circle
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Second Chance
Champion Joined: 02 Dec 2007 Status: Offline Points: 45820 |
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Great to see Albo getting rid of the "Yes Minister" compliant Departmental suckholes and encouraging frank, open and impartial advice rather than what Scummo demanded from his Departmental heads.
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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First misstep by Albo slashing Independents/crossbenchers staff from 4 to 1.
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marble
Champion Joined: 12 Jan 2008 Location: Brisbane Status: Offline Points: 6244 |
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don't agree PT - about time they worked for their keep. Would love to see the break up of their 8 hour working day. Now they will have to get off their backsides and write their own content or maybe do their own research.
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Tlazolteotl
Champion Joined: 02 Oct 2012 Location: Elephant Butte Status: Offline Points: 31448 |
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Independents, at least the good ones, do a helluva lot of work, because they have to be on top of everything. Astonishingly bad decision. Which I trust will be overturned. What are they thinking?
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An honest politician is one who when he is bought will stay bought.
Simon Cameron |
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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Gay3
Moderator Group Joined: 19 Feb 2007 Location: Miners Rest Status: Offline Points: 52023 |
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Cutting crossbench MPs’ staffing would be a setback for democracyMy experience as an adviser to Peter Andren – perhaps the first of the modern-day wave of non-party MPs to arrive in Canberra – suggests Labor’s planned cuts to the staff of independents will be a backward step for our democracy. It will also be a serious blow to the more collaborative approach to politics so many Australians have been yearning for. I had the privilege of serving as an electorate officer and ultimately as chief of staff for Peter from 1996, when he was first elected, until 2001. As the independent member for Calare, in central-west New South Wales, he won wide respect during his 11 years in parliament. Peter sadly passed away in 2007 after a short battle with pancreatic cancer. If he were still with us today, I am sure he’d sympathise with the government’s desire to rein in the ballooning cost of running our federal parliament, which now costs taxpayers well over A$1 billion each year (including MPs and staff), according to the latest budget. But I’m also certain he would be concerned at the way independent MPs are being forced to bear a disproportionate share of these savings – and particularly by the government’s apparent failure to understand the workloads of independent MPs. The workload an independent is fundamentally differentServing as an independent MP is fundamentally different from being elected as a member of a major political party. It requires substantially different levels of support. Anthony Albanese and Peter Andren may have entered the parliament at the same time – when John Howard took power in 1996 – but their experiences as MPs could not have been more different. For a start, every independent MP needs to form their own position on every piece of legislation, amendment, division, motion and matter of public importance, and every report tabled in parliament. Major party backbenchers, by contrast, generally have the luxury of relying on the policy, legislative and tactical advice provided by their party machines. They don’t need to put anywhere near the same effort into the day-to-day work of parliament. Their ministers or shadow ministers and their offices prepare standardised briefings, parliamentary and media speaking points. Party backbenchers rely on these and are expected to follow them. During Peter’s time in parliament, it was common for members of both major parties to ask him privately what they were voting on as they filed in to follow instructions from their party whips. During the previous parliament, according to recent media reports, each independent MP was allocated up to two senior advisers, two junior advisers and four electorate staff. That increase on pre-2019 numbers recognised the complexity of dealing with a full suite of legislation while serving the needs of local constituents through the important pastoral and advocacy work occurring in MPs’ electorate offices. This compares to a typical party backbencher who is entitled to four electorate staff, most of whom are based in electorate offices, rather than parliament house. A significant cutLabor’s proposal would see each independent’s staff profile return to something like the complement Peter Andren had more than 20 years ago – one adviser and four electorate staff, on account of Calare’s large geographic size. In other words, Labor is proposing a 75% cut in independent MPs’ higher-level staff. These are the people who often hold degrees in law, politics, economics, finance, public policy, communications and public relations and provide the MPs with vital support. It is difficult, from available data, to track changes in parliament’s legislative workload over the last 25 years. But the following statistics for the House of Representatives give a sense of the mammoth task the new wave of independents are likely to face:
Independent senators in the current parliament will face even heavier workloads than their colleagues in the House of Representatives. That’s because the balance of power situation sees its committees far more active and influential, while contested bills and amendments are often debated line-by-line. When I worked for Peter, our resources were inadequate for managing both his electorate and parliamentary duties. We dealt with an average of around 6,000 constituent inquiries each year – a number that is probably much higher now for many independent MPs given the advent of mobile phones and social media. I remember the enormous challenges I faced as Peter’s chief of staff, which included:
It was a challenging, fascinating, exciting and rewarding job, but not one you could perform well without countless hours of unpaid overtime. No substituteIt’s been reported the government expects independent MPs to draw more on the services of their own electoral staff and the parliamentary library, which will receive a boost in funds. The parliamentary library is a wonderful resource, staffed by outstanding researchers with expertise across most policy areas. We drew heavily on its services and those of the clerks of the House of Representatives and Senate. But these general parliamentary services, while vital, are no substitute for giving each independent MP their own in-house capability to participate fully and effectively as “legislators” in the true sense of the word. Whether or not independents hold the balance of power in the House or Senate, the care they take reviewing legislation and amendments improves the quality of our democracy. Time and again in recent years, the painstaking work of Senate committees and independent senators has delivered better legislation. |
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Wisdom has been chasing me but I've always outrun it!
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Tlazolteotl
Champion Joined: 02 Oct 2012 Location: Elephant Butte Status: Offline Points: 31448 |
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The staff cut decision has earned labor the Peta Credlin thumbs up for the week and she gives one of those to Labor once in a blue moon - they nearly always get the thumbs down. So that must bolster Albo's confidence that he's made the right decision.
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An honest politician is one who when he is bought will stay bought.
Simon Cameron |
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Gay3
Moderator Group Joined: 19 Feb 2007 Location: Miners Rest Status: Offline Points: 52023 |
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Another good on from The Conversation There are several graphs which are too time consuming to reproduce so, if interested, copy/paste https://theconversation.com/profits-push-up-prices-too-so-why-is-the-rba-governor-only-talking-about-wages-185688 Profits push up prices too, so why is the RBA governor only talking about wages?Reserve Bank of Australia governor Phillip Lowe has invoked memories of the 1970s, warning wage growth must be restrained to contain Australia’s surging inflation.
In the 1970s, Lowe said last week, “we got into trouble because wages growth responded mechanically to the higher inflation rate”. Now, with inflation above 5%, and tipped to reach 7% by the end of the year, he wants want people to keep in mind an “anchoring point” for wage growth of 3.5%. That 3.5% represents the central bank’s long-standing judgement that wage growth equal to the RBA’s ideal inflation target (2.5%) plus productivity growth (typically more than 1% a year, currently above 2%) is economically sustainable. Lowe says “if wage increases become common in the 4% and 5% range” that will make it harder to get inflation back to his target. But that prospect seems so remote it’s a wonder why he focused on it. Particularly when he said nothing about about the role of ever higher profits on increasing prices. Wages increases aren’t the problemNominal wage growth has languished well below that 3.5% benchmark since 2012. The last time wages grew at more than 4% was 2009.
Reserve Bank of Australia governor Phillip Lowe has invoked memories of the 1970s, warning wage growth must be restrained to contain Australia’s surging inflation. In the 1970s, Lowe said last week, “we got into trouble because wages growth responded mechanically to the higher inflation rate”. Now, with inflation above 5%, and tipped to reach 7% by the end of the year, he wants want people to keep in mind an “anchoring point” for wage growth of 3.5%. That 3.5% represents the central bank’s long-standing judgement that wage growth equal to the RBA’s ideal inflation target (2.5%) plus productivity growth (typically more than 1% a year, currently above 2%) is economically sustainable. Lowe says “if wage increases become common in the 4% and 5% range” that will make it harder to get inflation back to his target. But that prospect seems so remote it’s a wonder why he focused on it. Particularly when he said nothing about about the role of ever higher profits on increasing prices. Rigorous economics coverage needs reader support.Wages increases aren’t the problemNominal wage growth has languished well below that 3.5% benchmark since 2012. The last time wages grew at more than 4% was 2009. Over the past decade, wages have fallen further and further behind the level implied by the RBA’s magic formula. During this time Lowe (governor since 2016) repeatedly cited weak wages as a key factor keeping inflation below the bank’s 2-3% target – but nothing happened. So why is he now ringing alarm bells about wages growing too fast? It’s not at all clear when broad wage growth will even regain 3.5%, let alone surge faster. The Fair Work Commission’s decision this month to raise the minimum wage by 5.2% and wages for other award-covered workers by 4.6% will boost the pay for about a quarter of workers. But even that can’t be considered “inflationary” by any stretch of imagination. In real terms, the minimum wage will fall again this year, as it did last year. Most other workers have little chance of doing as well. Wage gains from enterprise bargaining agreements (covering about 35% of workers) remain subdued. In the latest 12-month period they delivered an average increase of just 2.6%. For the 38% of workers on individual contracts – now the most common pay-setting method in Australia’s individualised labour market – there is even less reason to expect wage growth to suddenly accelerate. Profits have played a bigger roleLabour is not the only component in production costs: a considerable profit margin is also built into final prices. In fact, after decades of capital’s share of GDP increasing while labour’s declines, those profits have become more important in price-setting. That’s a big change from the 1970s, when the narrative about wage-driven inflation became so firmly locked into the national policy discourse. Indeed, by the end of 2021, corporations made 62 cents in gross
profit for every dollar they paid in labour compensation. That’s the
highest in history – and more than twice the rate in the 1970s. Yet while the RBA warns darkly about rising labour costs, the growing importance of profits in driving higher prices is not mentioned. This reflects an ideological bias that wages are a “cost” item that must be tightly controlled, while profit is assumed to be a legitimate “reward” to businesses that efficiently supply the market with something valuable Calculating profit costsThe Australian Bureau of Statistics calculates several measures of unit labour costs – the cost of employing labour per “unit” of production. It does not publish a measure of “unit profit cost” – what gets paid in profit per unit of production. But perhaps it should. That might motivate greater attention to the role of profit margins in current inflation. In lieu of ABS data, however, we can create a broad measure of unit profit cost by comparing the growth of nominal corporate profits to the growth of real output (similar to the methodology for measuring unit labour costs). As shown in the following graph, since the start of the COVID-19 pandemic unit profit cost has surged 24%, compared with a 4% increase in the nominal unit labour cost (which, being over two years, is still below the RBA’s inflation target. Blaming the victimsWarnings about wages misdiagnose the source of current inflation. They blame the victims of falling real wages for a problem they did not cause. The RBA acknowledges the upsurge in inflation was initially fuelled by COVID-19 disruptions – including supply chain problems, global energy prices and major (but temporary) shifts in the composition of consumer demand. But corporations with pricing power (particularly potent in sectors like energy, housing and groceries) took advantage of those disruptions to fatten their profit margins. They have profited from inflation, while workers lost out. Now workers are being told they must swallow further real wage cuts to fix the inflation that enriched their employers. Once the RBA confronts the issue of inflated profits as both a cause and a consequence of current inflation, we then might discuss labour’s role. Until then, workers are justified in fighting to protect their real incomes. Whether we are covering an election, the climate emergency or the Russian invasion of Ukraine, our editors are dedicated to producing trustworthy journalism that helps you be better informed. If you value The Conversation as a free source of trusted news, please donate today. Misha KetchellEditor, The Conversation |
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Wisdom has been chasing me but I've always outrun it!
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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Cleaning up and taking us forward.
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marble
Champion Joined: 12 Jan 2008 Location: Brisbane Status: Offline Points: 6244 |
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could be some huge trade opportunities in the EU with everyone cutting ties with Russia. Nice to see albo on the front foot cleaning up the impostors mistakes
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stayer
Champion Joined: 10 Aug 2010 Status: Offline Points: 21914 |
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I'm sure Albo can help Macron in his hour of need.
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Passing Through
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A foot in the EU and maybe NATO. Huge opportunities. Macron said he wouldn't oppose Australia trade deals in Europe.
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Tlazolteotl
Champion Joined: 02 Oct 2012 Location: Elephant Butte Status: Offline Points: 31448 |
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It's like a mob of spoiled badly behaved children have left the room and the adults have taken over. Less rant - more result.
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An honest politician is one who when he is bought will stay bought.
Simon Cameron |
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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Think Elbow's head is getting a bit big. Spending all his time swanning around the globe giving our money away. Statesman he is not.
Time to come back home & start addressing the countries local catastrophes looming.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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Since when did the French ever give a bugger about us ? So we stitched them up on a deal - so what ? They have been well & truly compensated thanks to Elbow - 800 plus million only - & here we are crawling up their clackers like we have a long, rich tradition we are trying to re-establish. Suggest we put our time into countries that really make a difference - China, India, Sth East Asia. Squat all going on there.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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Are we burning less coal/gas yet ? Or more
Anyone heard the word "Teal" since election night ?
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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As France ''controls'' a third of our Pacific partners that Morrison tried to hand to China, they have a dog in the fight.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 37212 |
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You blokes have fallen for the old three card trick - seriously. Was all bullgelati. No way the pacific nations would jump into bed with the Chinese. Oil & water don't mix. The populations would turf any local leader seriously suggesting same. Can you imagine the Australian population allowing its govt to sign up to a similar pact with the Chinese. Yet its ok to think the dopey Polynesians would be happy doing it.
Can you ever see the Polynesians wanting to go & live in China like they seem to want to do with us ? And playing footy in China - ha, ha Absolute beat up - & I beat its cost us a bomb since Penny did her rounds. Not that we will ever know. Indonesia same. Up there piddling in their pockets - probably doubling foreign aid - & at the end of it all the Indo's still went about praising the Chinese more than us. In that case oil & oil do mix. They see us as money for jam
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Passing Through
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You need to talk to Sunny.
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