If all you did was listen to Treasurer Scott Morrison on budget night and the half-baked media commentary that followed, you could be forgiven for thinking that Australia has practically paid off its debt, the good times are already rolling and that the only ‘losers’ are going to be a few drug dealers and tradies dealing in cash:
If you had a limited amount of water and could use it on a tree’s roots or leaves, which would you choose?
Even Forrest Gump could probably tell you that his mamma always said that we put sprinklers on the ground for good reason. Yet, despite this, our Federal opposition is determined to commandeer precious resources away from the roots of our economy and sprinkle them over the leaves.
In The Australian yesterday came this story of Malcolm Turnbull giving Einstein (or whoever really came up with his insanity quote) the middle digit:
The nation’s electricity industry chiefs will be hauled in by Malcolm Turnbull for the second time in three weeks following an audit that rcevealed more than a million households are still paying the highest price rates imposed by energy retailers.
A lot has been made of Malcolm Turnbull’s recent comments that the Liberal party is not a ‘conservative’ party and that the ‘sensible centre’ is the place to be.
Whether you think his comments were right, wrong or reported by the media out of context, the fact is that only someone with a profound lack of judgment would open domestic political wounds in such a manner while overseas. It’s really is as if Turnbull said to himself:
Quick tangent: for some fun at home, I highly recommend going here, hitting Ctrl+F, typing in ‘liberal’ and seeing how many hits you get (!). Then do the same with ‘Turnbull’ (!!) and ‘Malcolm’ (!!!).
(Yes, you really want to do this).
(It’s ok, I’ll wait…).
It appears that one of Michael Smith’s readers took up the invitation and put together a nice little graphic of the results:
Every year, the government seems to make it harder to really see what it’s doing with our money in the budget – whether by renaming things, requiring an extra click or two to access various papers or simply by the tried and true method of burying its sins deep into the treacherous abyss.
TMR refuses to be beaten.
If you want simple, no-nonsense budget analysis that can’t be found anywhere else, read on.
All figures have been sourced from the official 2017-18 budget papers and are presented so that you can form your own opinion.
Only the politically inept would:
- privately tell the Chinese that they’ll ratify the extradition treaty we have with them;
- have four (i.e. the number of death in Chinese numerology) government ministers (including the Prime Minister) publicly declare that the treaty is good for Australia and ought to be ratified ASAP; and
- back down within 24 hours when it becomes apparent that NOBODY will support ratification of the treaty – and cause the Chinese to lose more face than they otherwise would.
Yep, real smart.
The stakes continue to get raised in the game to see who can blow the most of our money on energy schemes in the most efficient manner possible.
It all began when South Australian premier Jay Weatherill opened the betting by attempting to generate 40% of his state’s energy needs from wind and solar. Refusing to be intimidated, Tasmania immediately called South Australia’s opening gambit by:
Andrew Bolt brings our attention to yet another incredible waste of taxpayer money – this time by foreign affairs minister Julie Bishop:
Remember six months ago when Turnbull allegedly promised to make the GST distribution system fairer to Western Australia?
And when the sheep at the Liberal party function he was speaking at gave him a standing ovation?
On reviewing Turnbull’s words used at the time, it was easy for TMR to call this out at yet another one of Turnbull’s hopeless thought-bubbles: