Opinion AUSTRALIAN Politics: Adelaide Board Discussion Part 5

[Kane McGoodwin]

Upgrade Albo at it again...Do as I say not what I do....Votes is all that counts and to hell with Infrastructure Australia's assessment that the project had a negative net present value of minus $303 Million.....who cares it's only taxpayers money and more interest on overseas borrowings to add to the massive debt, nothing to see here. Noting of course Infrastructure Australia was set up by then ALP Infrastructure Minister Albanese in 2008.

PM ignored independent adviser on Queensland road spend

A bypass project that Anthony Albanese visited to spruik a $7.2 billion Bruce Highway outlay had failed a cost-benefit assessment by Infrastructure Australia.

www.afr.com

PM ignored independent adviser on Queensland road spend​

This looks more driven by the lack of ALP seats in Queensland.

Not a good look when your own words come back to bite you...

Public are fed up with governments spending where primarily driven by winning particular electorates.

 

[Mutineer]

It's all about the votes and the upcoming Federal Election...You're fooling nobdy Albo..

 

[Mutineer]

Some more reality for the renewables fanbois, again by well qualified experts in the field not opinions by a billionaire renewables investors like Simon Holmes a Court with a whole lot of $$$$$$ their only agenda.

https://www.dailytelegraph.com.au/news/national/300b-bill-cost-of-renewable-energy-revealed/news-story/174e25adbbf24254c9345558f7e3d0f4

$300b bill: Cost of renewable energy revealed
The cost of solar, wind, batteries, hydro and gas assets will be about 30 per cent more expensive than the current system, new research suggests. See why.

Exclusive: Wholesale electricity prices are about 30 per cent more expensive in a system mainly reliant on intermittent renewables versus power from the existing coal-dominated system, according to new modelling by a leading academic who also runs a government-owned energy business.

The research by Paul Simshauser of Queensland’s Griffith University suggests the cost of solar, wind, batteries, hydro and gas assets needed to get close to net zero will be about $300 billion in today’s dollars compared to the current system’s worth of $136bn.

The price of wholesale electricity from a market dominated by mostly green sources would be more than $130 a megawatt hour. The present cost is about $100/Mwh, the researchers say.

It’s understood their comparison removes factors such as inflation, although Mr Simshauser, who is also CEO of the Queensland government’s transmission network business Powerlink, declined to comment. Messrs Simshauser and Gilmore write: “One issue which does present as problematic is flexible firming capacity.”

To cover sun and wind droughts, at least 35GW of additional hydro and gas-fired power is needed, compared to the current level of 20GW.

“The national electricity market (NEM) cannot rely on short duration batteries alone,” they write.

The analysts conclude by saying European and North American readers of their work may find the general lack of support for gas in Australia to be “odd.”

“Natural gas and GTs (gas turbine plants) are widely accepted as crucial to the energy transition in those jurisdictions. Thus far, not so in Australia. Gas and GTs have proved almost divisive and remain excluded from many (but not all) government-initiated … schemes in the NEM.”

 

[Mutineer]

Where are you grim Jim Chalmers?
Away with the fairies again?

MSN

Inflation rises above forecast

Inflation has risen above forecast to 2.3 per cent in a fresh blow for interest rate cut hopes.

 

[kirky]

Upgrade Albo at it again...Do as I say not what I do....Votes is all that counts and to hell with Infrastructure Australia's assessment that the project had a negative net present value of minus $303 Million.....who cares it's only taxpayers money and more interest on overseas borrowings to add to the massive debt, nothing to see here. Noting of course Infrastructure Australia was set up by then ALP Infrastructure Minister Albanese in 2008.

PM ignored independent adviser on Queensland road spend

A bypass project that Anthony Albanese visited to spruik a $7.2 billion Bruce Highway outlay had failed a cost-benefit assessment by Infrastructure Australia.

www.afr.com

PM ignored independent adviser on Queensland road spend​

You do get it that these all go thru LNP electorates with large margins (most over 10%). This isn’t going to win the ALP many votes so even then you find a negative slant - all but one of the electorates has a margin greater than 6%, hardly marginal. So has usual go off half-cocked!

And don’t get started with wasting money - you want a list of failures by the Coalition on infrastructure projects?

Well for starters Snowy Hydro 2.0., no difference who instigated it (Turnbull), it was the Coalition that started it. How is that going $$$$ wise?

And how did they go with the 64 commuter car parks in certain electorates (which were primarily Liberal ones surprisingly).

 

[kirky]

Where are you grim Jim Chalmers?
Away with the fairies again?

MSN

Inflation rises above forecast

Inflation has risen above forecast to 2.3 per cent in a fresh blow for interest rate cut hopes.

So funny - the mean has come down to 3.2%. The Reserve Bank looks at the mean trim measure and their is now a 70% chance rate cute in February.

You are literally clueless.

Still to the land and not economics/finances.

 

[kirky]

This looks more driven by the lack of ALP seats in Queensland.

Not a good look when your own words come back to bite you...

Public are fed up with governments spending where primarily driven by winning particular electorates.

Not at all Kane, this isn’t about winning Qld seats given most of those where Bruce Highway is have margins of 10% or more - hardly going to change.

The Bruce Highway had 41 killed last year and already 2 this year, it needs to be fixed and it covers 1700kms.

 

[Mutineer]

Not at all Kane, this isn’t about winning Qld seats given most of those where Bruce Highway is have margins of 10% or more - hardly going to change.

The Bruce Highway had 41 killed last year and already 2 this year, it needs to be fixed and it covers 1700kms.

What utter tripe, it's all about the upcoming electuon and Queensland votes and you know it what's more. Just more of your look over there crap when almost any fair minded person has to say this Albanese/ALP Government's term has been a massive disappointment even to ALP voters.

 

[Mutineer]

More of grim Jim Chalmers and mean girl Katy Gallagher's handiwork...can this mob get anything right...

Poor old grim Jim Chalmers clearly in way way way over his depth as treasurer, maybe he's after Tim Pallas's record as the worst treasurer Australia has ever seen.

Who cares it's only taxpayers money and they'll be coming hard at us with more tax hikes if elected no doubt,

 

[Kane McGoodwin]

Not at all Kane, this isn’t about winning Qld seats given most of those where Bruce Highway is have margins of 10% or more - hardly going to change.

The Bruce Highway had 41 killed last year and already 2 this year, it needs to be fixed and it covers 1700kms.

Then why wasn't it prioritised through the transport committee?

Not a great look when politicians reprioritise.

Both sides do it... promise not to... then do it any way.

No doubt there will be benefits saving lives too.

 

[Kane McGoodwin]

Well done Rennick.

Would have thought reducing the spread of diseases is a good thing?

'Toxic male technique' could reduce female mosquito population by poisoning them during sex

A study on fruit flies completed by researchers with Macquarie University suggests that genetic modification of male mosquitoes could help minimise the spread of illnesses linked with the insects.

www.abc.net.au

 

[kirky]

What utter tripe, it's all about the upcoming electuon and Queensland votes and you know it what's more. Just more of your look over there crap when almost any fair minded person has to say this Albanese/ALP Government's term has been a massive disappointment even to ALP voters.

You expect 10% swings in Qld seats?

Give me a Qld seat that will change hands based on this announcement.

Just one.