Open Thread – Weekend 19 Aug 2023


Family Reunion, Frédéric Bazille, 1866

1,483 responses to “Open Thread – Weekend 19 Aug 2023”

1 6 7 8
  1. Knuckle Dragger Avatar
    Knuckle Dragger

    And the latest from Coffee Club:

    As I have repeatedly warned my readers

    Oh. It’s Martin Armstrong. Or Annie. Or srr.

    CNN is reporting that “D-Day” has already been chosen…

    Followed by:

    Of course you won’t hear any of this on the corporate news networks.

    And in the middle:

    Concerned about your life’s savings as the banking crisis decimates retirement accounts? You’re not alone. Find out how Genesis Precious Metals can help you secure your wealth with a proper self-directed IRA backed by physical precious metals.

    Brilliant. Sign up, people, because – naturally – there’s an exhortation to donate at the end of it.

  2. Knuckle Dragger Avatar
    Knuckle Dragger

    why can the grandparents of aboriginal children in remote communities speak fluent English, yet their grandchildren cannot speak English fluently?

    An excellent point.

  3. JC Avatar
    JC

    Assume 1.25% decline annually for this reason.

    ChatGPt coorected my earlier comment suggesting there is no compounding in the decay rate.

    My question:

    Hey Doofus, if the Chinese population was 1.3 billion in 2010 and falls to 650 million in 2050, what is the rate of decline?

    Doofus replies:

    T

    o calculate the rate of decline of the Chinese population from 2010 to 2050, you can use the following formula:

    Rate of Decline = ((Initial Population – Final Population) / Initial Population) * 100 / Number of Years

    Given:
    Initial Population in 2010 = 1.3 billion (1300 million)
    Final Population in 2050 = 650 million
    Number of Years = 2050 – 2010 = 40 years

    Plug these values into the formula:

    Rate of Decline = ((1300 – 650) / 1300) * 100 / 40
    Rate of Decline = (650 / 1300) * 100 / 40
    Rate of Decline = 0.5 * 100 / 40
    Rate of Decline = 50 / 40
    Rate of Decline = 1.25

    So, the rate of decline of the Chinese population from 2010 to 2050 is 1.25% per year.

  4. Boambee John Avatar
    Boambee John

    Rosie
    Aug 21, 2023 6:56 PM
    Maybe John,I fled the scene pronto.
    Too much walk sock and business short for me.

    Were you in Darwin then? Or was the photo taken on their return, which would reduce the possibility of NT Police or soldiers being in it?

  5. Zulu Kilo Two Alpha Avatar
    Zulu Kilo Two Alpha

    why can the grandparents of aboriginal children in remote communities speak fluent English, yet their grandchildren cannot speak English fluently?

    There are Indigenous children in Western Australian communities that have English as a third or fourth language – it’s considered more important for them to learn their local dialects.

  6. Knuckle Dragger Avatar
    Knuckle Dragger

    Thank God.

    Shaun of the Dead’s on.

  7. Sancho Panzer Avatar
    Sancho Panzer

    feelthebern

    Aug 21, 2023 8:12 PM

    Albo: Leave my son out of it.
    No.

    To paraphrase Joe Aston, if you want your son left out of it, don’t put him in it.

  8. Cassie of Sydney Avatar
    Cassie of Sydney

    Now, I look forward to an enterprising young journalism student from UTS hacking into Nathan Albanese’s personal details at PwC.

  9. feelthebern Avatar
    feelthebern

    CNN is reporting that “D-Day” has already been chosen…

    Can it be after the footy season?

  10. Rosie Avatar
    Rosie

    I meant the scene of the photo.
    I wasn’t there, I was busy being a kid, somewhere else.
    The caption said it was a group photo of the NSW contingent before returning home.
    Maybe an accompanying article would shed more light.

  11. Cassie of Sydney Avatar
    Cassie of Sydney

    Gary Johns doesn’t flinch in the face of progressive smears and sneers.

    Good on him.

  12. Lee Avatar

    Now, I look forward to an enterprising young journalism student from UTS hacking into Nathan Albanese’s personal details at PwC.

    Funny, I was just thinking along similar lines before I read you comment, Cassie.

    Cue the outrage from the left if that happened!

    Not that I am suggesting it should, just pointing out leftist hypocrisy.

  13. JC Avatar
    JC

    I think it’s a big number, but I’ve never really looked at demographics before.

    According to Statista, China has seen an 8.5% annual drop in birthrate since 2016 to 2022.

  14. Sancho Panzer Avatar
    Sancho Panzer

    Thanks KD for the Coffee Club reviews.
    I try to ration my trips down the rabbit hole.
    You’ve seen what can happen with over-exposure.

  15. Cassie of Sydney Avatar
    Cassie of Sydney

    “Not that I am suggesting it should, just pointing out leftist hypocrisy.”

    Yep.

  16. Knuckle Dragger Avatar
    Knuckle Dragger

    Thanks KD for the Coffee Club reviews.
    I try to ration my trips down the rabbit hole.

    I’ve seen some things, man.

    Done some stuff.

  17. Rosie Avatar
    Rosie

    TE
    If you find the Annual Report of the NSW police for 1974 it states 39 police (with 30 UHF portable radios and base station) were dispatched to Darwin.
    I’d link but haven’t worked out how to link pdfs from my phone.

  18. Crossie Avatar
    Crossie

    All good things must come to an end and I lost that particular piece of apparatus yesterday. The crash came at midnight, when every vestige of anaesthetic had disappeared. Yikes!

    I can appreciate how people get hooked on painkillers. Anyways, I’ve had three babies with minimal intervention, so I can crush this lot like a walnut.

    Calli, glad the operation went well though don’t try to tough it out too early. Take the painkillers when you need them. I did that when I had fractured my pelvis. It took about three weeks of full-on pain relief then lengthening the interval between doses and then lowering the dose.

    In the meantime think of the next overseas holiday when you will be fit to enjoy every bit of it.

  19. Boambee John Avatar
    Boambee John

    Rosie
    Aug 21, 2023 8:42 PM
    I meant the scene of the photo.
    I wasn’t there, I was busy being a kid, somewhere else.
    The caption said it was a group photo of the NSW contingent before returning home.
    Maybe an accompanying article would shed more light.

    Thanks. I was wondering if you had been showing a history of adventurousness even before your COVID blockade running to see your grandies.

  20. Sancho Panzer Avatar
    Sancho Panzer

    JC

    Aug 21, 2023 8:44 PM

    I think it’s a big number, but I’ve never really looked at demographics before.

    According to Statista, China has seen an 8.5% annual drop in birthrate since 2016 to 2022.

    Yeah, it’s huge.
    That is why I said you can’t apply rest-of-the-world demography to Chinah.
    See the histogram of Chinese population distribution.
    That drop is a direct correlation to the drop you see which started with the now 30 year olds and that drop has another ten years to run.
    So, unless birth rates radically increase, the 2016-2022 trend will continue for another ten years.
    The 2016 babies will reach child-bearing themselves around 2036 onwards, so you will see another 15 year drop off.
    I haven’t got the butcher’s paper out yet, but it does look like a serious population crunch is coming.

  21. JC Avatar
    JC

    Gold is actually down against the US dollar. It hit a high of US$2,077 in early May and is right now trading at US$1,888.50.

    The only reason gold is up against Aussie dollar is because the Aussie has weakened against the greenback. This isn’t a very healthy situation because you want gold to be in a bull market against the US dollar.

  22. Boambee John Avatar
    Boambee John

    Rosie
    Aug 21, 2023 8:44 PM
    here’s another fab photo.

    Nineteen in that one, at least 27 in the other one, but one at least of those looks to be a soldier (wearing greens). There might be another under the tree, partially concealed.

  23. Sancho Panzer Avatar
    Sancho Panzer

    Knuckle Dragger

    Aug 21, 2023 8:48 PM

    Thanks KD for the Coffee Club reviews.
    I try to ration my trips down the rabbit hole.

    I’ve seen some things, man.

    Done some stuff.

    Yeah.
    Me too.
    Can’t say too much, though.
    Official secrets and all that.
    I’ve probably said more than I should have already.

  24. cohenite Avatar
    cohenite

    Cohenite/others, do you know of this bloke? Simon Michaux.

    He’s spot on about ruinables but betty the poodle could figure that out. 2 brain farts let him down:

    1 Peak oil. This was touted during the Carter era of stupidity which rivals the current period. There is more known oil and oil equivalents in the world today than ever. And abiotic oil has a lot of evidence to support it.

    2 Tipping points. As soon as I hear this I go out and kick my gay neighbour up the arse. It’s a good arrangement: I vent and it satisfies him. There is some evidence for Snowball periods on Earth but this planet has remarkable checks and balances against climate tipping points: simply put if things get cold less evaporation occurs, less clouds occur and more solar reaches Earth to begin warming. If things are getting hot, more evaporation causes more clouds which block TSI and the planet cools.

    The thing about fossils is their use is not just energy; they literally prop up civilization in manufacture of materials as an ingredient. Idiots like turtle and every fuking green have no idea about this.

  25. eric hinton Avatar
    eric hinton

    Simple question posed by Gary Johns: why can the grandparents of aboriginal children in remote communities speak fluent English, yet their grandchildren cannot speak English fluently?

    This is the exact thing that struck me when I visited an outstation on the northern tip of Elcho Island in the mid 90’s. Except that was a generation ago, so I could speak English to the grandparents and parents, but not the kids. I took a bunch for a sail around the bay and we communicated with gestures. They were the same age as my nephews and nieces and it really hit home that when/if they ventured outside Arnhem Land they would be strangers in their own land; while my nephews and nieces, because they spoke English. would be able to roam the world and always make themselves understood. Which they did.

    [ A few months back, someone here posted their impressions of a visit to Elcho at about the same time, and while my visit to the main settlement at Galiwinku was fleeting, it rang true; streets with bombed out houses, and behind the streets with houses built to replace them, blaring reggae mujiks. An island with a carrying capacity of 100 – 200 people for a hunter gather economy with a population of 1500… It was really pretty though, bauxite (?) red cliffs and quite large gums… and a hard sand beach that dried out at low tide where kids kicked the footy and took speccies.]

  26. Black Ball Avatar
    Black Ball

    why can the grandparents of aboriginal children in remote communities speak fluent English, yet their grandchildren cannot speak English fluently?

    Easy enough to answer. High truancy, slack parents and a glorification of learning Aboriginal language. Which has no place in any workplace anywhere in Australia.

  27. Sancho Panzer Avatar
    Sancho Panzer

    Shit!
    I nearly said peak population and tipping point in my Chinah population post.
    So glad I didn’t.
    I don’t want Cohenite’s gay neighbour to get a boot up the arse.

  28. JC Avatar
    JC

    Sachez, perhaps Dover is correct that Zeihan’s figuring is grossly overstating stuff. There is concern about the economic situation though and it’s actually scary as I posted last night. Out of all the important economies in the world from small to big, every single one experienced an inflationary bout coming out of Covid with one exception. China! China is seeing deflation coming out of every orifice. 70% of the chinese people’s net wealth is huddled in real estate and these markets are dropping hard. Moreover, the big developers are in serious trouble.

    The iron ore price looks like shit too messing around on the lower band.

    Coal has taken a significant dive too in US dollar terms.

    I’ve been short Aussie for a while now and I’m itching to pull the trigger and add to the position as I think this fcucker is heading south but it’s trading at recent lows. I think you need to sell on even a slight rally.

  29. Black Ball Avatar
    Black Ball

    Speaking of Joe Hildebrand:

    There are two typical responses to the far Left: laughter and fear. Both are correct.

    Much if not all of what overprivileged activists and self-determined intellectuals say and do is clearly ridiculous, from Extinction Rebellion protesters throwing soup at paintings in London’s National Gallery to Lidia Thorpe hurling small-dick insults outside a Melbourne strip club.

    You couldn’t script such idiocy and expect any reasonable person to believe it or newspapers to print it, and yet here we are. It is all true.

    Then there is the fear. Because while ludicrous undergraduate howls usually break against commonsense in modern liberal democracies and the cops come in and save the day, this was not always so.

    Deranged academic and economic thought bubbles have a tragic capacity to curse the world when historical wormholes emerge.

    An obvious example is Lenin’s obsession with Marxist theory that led to the mad, warmongering and genocidal autocrat Kaiser Wilhelm II of Germany deciding it would be a good idea to send the Swiss-based scribbler to Russia.

    There the crazed Bolshevik party destroyed not the hapless Tsar – as the later leftist propaganda would suggest – but a nascent liberal democratic regime that had already deposed Nicholas II.

    As a matter of fact, the Bolsheviks’ only contribution to humanity was to butcher this government in a coup, slaughter the royal family and spark a civil war that killed millions.

    Indeed, if Russia had continued on its path to democracy and the Bolsheviks had not sabotaged its parliament Hitler’s Nazis would never have had the platform they needed to seize power and launch the worst campaign of war and genocide in human history.

    Oh, and Hitler and Stalin agreed to invade Poland in 1939, chop it up and kill people. That’s a card-carrying fact. Make sure you mention this to the next socialist you meet.

    But I digress. Point being, socialists are ridiculous but that doesn’t mean they cannot be dangerous.

    This brings us to the great godless gala of the ALP National Conference in Brisbane over the weekend and a couple of fun days prior.

    Labor conferences used to be glorious occasions for hundreds of delegates to get pissed and shag anybody they could but these days they are more humourless affairs.

    However one tradition endures and that is the lemming-like drive of various hard-Left groups to oppose everything any Labor government does, and in this the Brisbane gathering at least did its duty.

    This was of course the idiotic and predictably ill-fated push to roll Prime Minister Anthony Albanese over the AUKUS agreement by a group called Labor Against War and its comrades.

    As I pointed out on the weekend, Labor Against War’s position on AUKUS – Australia’s vital national security cornerstone – is entirely opposed to ALP policy and is exactly the same as the position of the Greens and socialists.

    As one correspondent to me asked over the weekend, what is wrong with that? What’s wrong with having debate and disagreement within a democratic organisation?

    Well for starters if your beliefs are diametrically opposed to your party’s on arguably the single most important policy issue in the nation there comes a point where you’re probably in the wrong building. It’s a bit like rocking up to a One Nation meeting and demanding gender neutral bathrooms.

    But the real problem is that Woodstock-infected lefties make Labor look silly and provide a giant floating target for conservatives to shoot the party down.

    To use a term often misattributed to old Vlad Lenin, they are useful idiots – except they are useful only to the other side.

    For true adherents of modern Labor – the party that expunged communism instead of succumbing to it – this is a great shame.

    It has taken decades of work, starting in the Hawke-Keating era and resurrected now, to put the party at the centre of mainstream values and aspirations and shake the stigma of the dopey hard Left.

    But like barnacles on a ship – and possessing similar brains – they just keep hanging on to the vessel, damaging it all the while.

    Inevitably Albo – which is a good name for a musical now that I think about it – outsmarted and outplayed these knuckledraggers but you have to wonder what next for Labor’s hard Left rump now that their erstwhile hero has betrayed them by revealing his sensible centrist instincts.

    Even machines can now process the failures of past experience and change their objectives and processes as a result. Perhaps one day we will see if ideologues can advance to the intelligence of robots.

    Sounds like an Albo arse lick. Sorry for the imagery.

  30. JC Avatar
    JC

    Cronkite

    He’s spot on about ruinables but betty the poodle could figure that out.

    How about a cute owl -can he figure it out?

  31. Zulu Kilo Two Alpha Avatar
    Zulu Kilo Two Alpha

    Official secrets and all that.
    I’ve probably said more than I should have already.

    You do realize that, in mentioning “official secrets”, you are committing a breach of the “Official Secrets Act?”

  32. Crossie Avatar
    Crossie

    The contents are (at great expense) collected and taken to ‘composting’ facilities, and the outputs are then sold to punters as quality compost.

    Trouble is, some plants – including the dreaded bindweed – require much higher temperatures than those used in the facilities for them to be destroyed. So, the environment protectors are, once again, spreading weeds at ratepayers’ expense in the name of saving the planet.

    I strongly suspect that is the case now with all potting mixes, even premium ones. I have bought a number of bags to repot some plants and now there are weeds growing in the pots. This did not happen twenty or so years ago, before the universal green bin usage.

  33. JC Avatar
    JC

    Idiots like turtle and every fuking green have no idea about this.

    Cronkite, Bowen is an idiot but not for the reasons you think. The Liars are in the tank to the unions and big renew ball.

    The unions love renewballs because the sector is in comparable terms massively labor intensive. There’s no reason to spell out why the renewball industry is touting itself. I think even you can work it out. It’s not idiocy, it’s massive corruption. Stop mislabeling it please.

  34. Cassie of Sydney Avatar
    Cassie of Sydney

    About eighteen months ago, in a UK NHS run hospital, a woman in a “female only” ward was raped by a “person” with an erect penis, who stuck the penis into her vagina. Distressed and very confused about being raped by a person with an erect penis, and convinced that this person with an erect penis who assaulted her by shoving an erect penis into her vagina was a male, the woman complained to hospital management. Well, hospital management said that such a claim would be impossible there were no “males” in the ward. This Kafkaesque situation took months to unravel, because hospital management stonewalled any investigation. So much for “believe all women”. And what was the reason for this stonewalling and silence, and insisting that there was no male body in the ward? Well, because it finally came to light that there was indeed a male sleeping in the “female only” ward, and that MAN was a tranny pervert who decided to climb out of HIS bed one night and rape a woman in the bed next door.

    And now I read about another Kafkaesque situation where an NHS hospital in Chester had a a serial killer nurse murdering innocent babies, over a period of years. But it gets worse, the management of this NHS run hospital in Chester not only ignored the alarms doctors raised about the nurse, they forced doctors to apologise to her.

    Words fail me.

  35. Sancho Panzer Avatar
    Sancho Panzer

    JC

    Aug 21, 2023 9:13 PM

    Sachez, perhaps Dover is correct that Zeihan’s figuring is grossly overstating stuff. There is concern about the economic situation though and it’s actually scary as I posted last night

    Yeah, and if they go into an extended recession their birth rate will totally tank.
    No sweet government handouts for poppin’ out kidlets over there (not like most of the West anyway).

  36. Zulu Kilo Two Alpha Avatar
    Zulu Kilo Two Alpha

    Easy enough to answer. High truancy, slack parents and a glorification of learning Aboriginal language

    A mindset that believes drinking while pregnant makes the babies smaller and easier to deliver, and that won’t send their children to school, for fear of “losing their culture” doesn’t help.

  37. cohenite Avatar
    cohenite

    I don’t want Cohenite’s gay neighbour to get a boot up the arse.

    it’s a win/win situation; depending on the boots.

    Head prefect: it’s an issue for the ages: is turtle a genuine retard or merely a union lackey propping up the ruinables Ponzi scheme.

  38. JC Avatar
    JC

    Head prefect: it’s an issue for the ages: is turtle a genuine retard or merely a union lackey propping up the ruinables Ponzi scheme.

    I reckon he’s both. The dead giveaway is the way they rubbish nuclear. If they truly believed their own bullshit about gerbiling they would be at least open to the idea of modular nuclear. They continue rubbishing it saying their experts have told them it’s too expensive. But then why not allow open entry? Surely, if it’s too expensive it won’t ever be built. It’s wholesale corruption.

  39. Perfidious Albino Avatar
    Perfidious Albino

    I think I recall correctly that another ABL alumni may have been representing Brittnah recently? Curious bedfellows indeed.

  40. Crossie Avatar
    Crossie

    Lee
    Aug 21, 2023 6:25 PM
    The yes campaign is about recognising the great privilege we have of sharing this continent with the oldest continuous culture on earth

    A “culture” with almost nothing to be proud of.

    I find it rather odd that every TV ad featuring an aboriginal person, usually a woman, always starts with “I am a proud Darug (or whatever tribe(s)) woman and I …”. What are they proud of? Their genetic background? That is straight up racism, being proud of something you have no control over.

    Don’t they realise how exclusionary are these statements? We are all, or at least most of us, proud of our ancestry but we identify ourselves more with our own achievements. Most people say they worked hard and achieved their place in society due to those efforts. That is something to be proud of.

  41. Cassie of Sydney Avatar
    Cassie of Sydney

    Comment under the Oz piece on Leibler…

    “James
    1 HOUR AGO
    Meanwhile……… in the real world down here in East St.Kilda I can confirm that not one Jewish person on my street (that is at least 90% Jewish) is voting YES. As the sabbath ends and the kids play in the park the only topic discussed is the horrors from this government, the pending censorship bill and the destruction of our democracy and freedoms that is The Voice.

    There is anger on the streets.

    Liked 92

    As I wrote earlier, there are court Jews like Leibler, and then there are pleb Jews like me, James and others. I think I know how the pleb Jews will be voting.

  42. Cassie of Sydney Avatar
    Cassie of Sydney

    “Perfidious Albino
    Aug 21, 2023 9:46 PM
    I think I recall correctly that another ABL alumni may have been representing Brittnah recently? Curious bedfellows indeed.”

    Ahhhh yes indeed.

  43. Zulu Kilo Two Alpha Avatar
    Zulu Kilo Two Alpha

    I find it rather odd that every TV ad featuring an aboriginal person, usually a woman, always starts with “I am a proud Darug (or whatever tribe(s)) woman and I

    “I’m a proud Australian of English, Scots, Irish and German origin.” How far do you think I’d get?

  44. thefrollickingmole Avatar
    thefrollickingmole

    China would be undisputed Lu the number one country in the world if it wasn’t so crippled by the stinking Commies.
    Just finished reading a book on the Great Leap Forward by a chap named Dickotter ( KD, see me after class and explain why you were guffawing).
    The sheer amount of moral, physical and social deforming of society they went through while Mao was alive is incredible.
    Pretty well everyone over the age of 60 stole, grafted or caused the immoderation of those around them to survive the famine years.
    Similarly everyone around that age joined in the lunacy of Maos purges of society.
    The fact they are where they are in the world is in spite of, not because of the godless commie scum.
    And now the same scum have caused a demographic implosion decades in the making.

    The Yanks and the “west” should be lighting candles to the commies, without them the Chinese would be a China sized Taiwan and we’d be licking rocks for fun.

  45. cohenite Avatar
    cohenite

    Latest from Kirralie Smith:

    Just think good old tone could have abolished these abominations but didn’t

    I have been notified that I must appear before the NSW Civil and Administrative Tribunal (NCAT) on two separate cases of “misgendering” males who claims to be female.
    The NSW Anti-Discrimination Board reviewed the claims and referred them to NCAT.
    They will be heard in late August and September just days before I must appear in a local court to oppose an application for an apprehension of violence order (AVO) against me for identifying male soccer players in female teams.
    I have another hearing in October for a discrete application for an AVO.
    That is four separate court cases in a very short space of time.
    Can you believe that in 2023, women are hauled before court for defending sex-based rights and realities?
    Can you believe that our taxpayer funded police, courts and tribunals are being used in an attempt to silence political opinion and biological facts?
    Stating the truth is not violence.
    Reposting publicly available information is not violence.
    Accurately describing someone’s biological sex should never be an offence.
    It is essential that as human beings we retain the right to rely on what is plain, factual and evidence-based.
    We should never be compelled to lie!
    This is an issue of safety, dignity and truth.
    September will be an extremely tough month.
    Even so, I want to assure you that I will stand firm for women and girls and for the right to define ourselves with language that excludes males.
    I will stand firm and defend the right for female athletes to compete without male-bodied participants. After all, males have several options of how they can compete outside of female divisions.
    I will stand firm to ensure that the hard fought and won rights of girls and women for single sex spaces, services and sports are upheld.
    Your support in these matters means more to me than you could ever know. But this goes way beyond just me.
    Your support in these matters is for the sake of every Australian little girl growing up in this crazy world that wants to impose the lie on them that a person can change sex.

  46. Zulu Kilo Two Alpha Avatar
    Zulu Kilo Two Alpha

    Cameron Dick threatens to strip BHP of mining leases
    Queensland Treasurer Cameron Dick has warned the government will not hesitate to revoke existing tenures on BHP’s Queensland mines if they are being “misused”.

    EXCLUSIVE
    By lydia lynch
    Queensland Political Reporter
    @LydiaLynch101
    8:56PM August 21, 2023
    No Comments

    Queensland Treasurer Cameron Dick has threatened to strip BHP’s mining leases if the Big Australian fails to keep investing in the state, in an extraordinary escalation of the Palaszczuk ­government’s battle with the mining sector over royalties.

    Ahead of the release of BHP’s full-year financial results on Tuesday, Mr Dick warned the government would not hesitate to revoke existing tenures on its seven Queensland mines if they were being “misused”.

    BHP and the state’s mining lobby have been at war with the Palaszczuk government for more than a year over Mr Dick’s unheralded coal royalty regime, which was introduced last year despite an election promise of no new or increased taxes.

    Queensland’s three-tier coal royalty scheme – which includes the highest mining tax rates in the world – funnelled $15bn into ­government coffers last financial year and delivered Mr Dick the biggest state budget surplus in ­history.

    The scheme has drawn strong criticism from the resource industry, which claims it has undermined the viability of mines and threatened future investment.

    On Monday Mr Dick warned of the government’s “clear expectation” that BHP continue to ­invest in its current projects.

    “BHP has legal obligations, and there are significant consequences for not meeting those ­obligations,” he told The Australian.

    “What I would say, if BHP or any other company fails to meet their mining development obligation without genuine commercial reason, our government has the ability to cancel those leases.”

    Mr Dick’s comments come days after the Queensland ­Resources Council revealed its plans to target key Labor-held seats at next year’s state election.

    Under Queensland law, the government can cancel a mining lease if companies do not “prepare, maintain and comply with development plans”.

    “We won’t hesitate to act if valuable tenures are being misused, and not being mined when it is clearly commercial to work those tenures,” Mr Dick said. ?“It’s clear there are plenty of other mining companies who would be willing to take up those leases and invest properly in their development.”

    BHP declined to comment. In its latest production report, metallurgical coal-making was in line with the previous year and the company pledged to “sustain and optimise” existing projects.

    In the report, released last month, BHP said Queensland’s sovereign risk has increased ­because of the royalty regime, which has a top tier of 40 per cent for coal prices above $300-a-tonne.

    “Given the negative impact this has on investment economics and the increase in sovereign risk, we will not be investing in any further growth in Queensland, however we will sustain and optimise our existing operations,” the report said.

    BHP confirmed in February its plans to sell its Daunia and Blackwater mines – part of its BMA group in Queensland – ­because they would struggle to compete for future capital.

    Whitehaven Coal, Peabody Energy, Yancoal, Stanmore Coal and BUMA are circling to buy the two mines, expected to sell for up to $7.5bn.

    Mr Dick said interest in BHP’s mines was proof the decision to raise taxes on coalmining companies had not deterred investment in the state.

    “I’m sure BHP’s results will show another bumper profit,” he said. “It’s great to see the appetite for new investment in Queensland mining, particularly around Daunia and Blackwater.

    Broken Hill, vs the bankrupt banana republic, known as the Queensland Government. I know my money is on…

  47. thefrollickingmole Avatar
    thefrollickingmole

    I don’t want Cohenite’s gay neighbour to get a boot up the arse.

    A foot up the arse of the gay next door…

    Coded language decoded.

  48. MatrixTransform Avatar
    MatrixTransform

    hey knuckle dragger

    does stroking JC’s uni-compliant to try and get it erect make you a wanker

    … or a just a fluffer?

    it’s the slurping noises here that bother me most

  49. Sancho Panzer Avatar
    Sancho Panzer

    JC

    Aug 21, 2023 9:42 PM

    Dude!

    Mum, I’ve had a nasty goring. Does my insurance cover it?
    Food poisoning? Nasi Goreng? In Spain?
    No, mum. Nasty goring. Running of the bulls. Am I insured?
    No.

  50. Cassie of Sydney Avatar
    Cassie of Sydney

    “Latest from Kirralie Smith:”

    Twelve years of a Coalition government in NSW and they did nothing about these tribunals. Nothing.

  51. Crossie Avatar
    Crossie

    Black Ball
    Aug 21, 2023 9:07 PM
    why can the grandparents of aboriginal children in remote communities speak fluent English, yet their grandchildren cannot speak English fluently?

    Easy enough to answer. High truancy, slack parents and a glorification of learning Aboriginal language. Which has no place in any workplace anywhere in Australia.

    It is now government policy to encourage aboriginal children to learn culture and languages, mainstream education and learning English is secondary. In other words, the government is contributing to aboriginal children’s illiteracy and thus setting them up for failure and exclusion from the rest of society. From what we are being told, The Voice will fix all that by ensuring even more of the same.

  52. Sancho Panzer Avatar
    Sancho Panzer

    Oops.
    Just shit me dacks.
    Sorry.
    Happens every time God Oracle shows up.

  53. MatrixTransform Avatar
    MatrixTransform

    Just shit me dacks.

    shit it your nest is more like it

  54. cohenite Avatar
    cohenite

    By popular demand: a cute owl.

  55. Bar Beach Swimmer Avatar
    Bar Beach Swimmer

    JC @ 9:13pm
    On the price of iron ore, yes, it’s come off its ultra high highs, but at around $106 US it’s still way above Rio’s (&, I think, BHP’s) price to dig it out & deliver to the ships.

    I think the same is true for the thermal coal price, which had been in the past much lower than now (from yr link, at the moment north of $128 US) and against the cost to dig it out. (Cohenite, maybe should know more about that).

    If you’re right about the AUS$ continuing downward against the US$ that def will help both commodities. (Yes, no good for our purchasing power etc).

  56. Sancho Panzer Avatar
    Sancho Panzer

    cohenite

    Aug 21, 2023 10:18 PM

    By popular demand: a cute owl.

    Can someone check Cohenite’s account?
    I think he’s been hacked.
    That one looks decidedly feminine.

  57. cohenite Avatar
    cohenite

    BIL says Whitehaven digs and delivers coal for ~ $100 per tonne.

  58. JC Avatar
    JC

    Swimmer

    The issue is this: if commodity prices drop, the Australian dollar will likely follow suit. This would indicate reduced demand for commods. While miners might not be severely affected for their exports in aussie dollar terms , consumers would face the downside of a weaker Australian dollar, leading to higher cost of consumption in the import component.

  59. JC Avatar
    JC

    cohenite
    Aug 21, 2023 10:18 PM

    By popular demand: a cute owl.

    Cronkite, that, that’s a woman! What the hell is going with you?

  60. JC Avatar
    JC

    cohenite
    Aug 21, 2023 10:23 PM

    BIL says Whitehaven digs and delivers coal for ~ $100 per tonne.

    That’s great, but if volumes fall off and/or they’re selling at lower prices, the rest of us piggy back on their sales to satisfy the import component of our consumption. Exports pat for imports.

    The oil price has been kind of steady in the recent past and you can draw a circle around US$80 bucks a barrel. I paid $2.45 a liter the other day to fill up. That’s the highest I’ve seen 98 grade. I paid just under a $155 for a fill.

    Lot’s of our rural commods can also be prices in US Dollar terms. Cost of food rises. A beat aussie is terrible news at the moment.

  61. JC Avatar
    JC

    pay not pat

  62. JC Avatar
    JC

    The best way to figure your financial life is to just think of the Australian dollar as the currency you transact in for your consumer needs. In terms of your net worth/ investments etc. revalue in the world’s reserve currency – the US Dollar. Relate it back to the US.

  63. Salvatore, Iron Publican Avatar
    Salvatore, Iron Publican

    Is the outfit doing over Kiralee Smtih the same NSW kangaroo court that’s been giving Bernard Gaynor the untrimmed pineapple suppository?

    Or am I confused?

  64. Sancho Panzer Avatar
    Sancho Panzer

    Unsurprisingly, Nurse Letby* got a whole life sentence for each of the seven baby murders.
    Sadistic bint refused to leave her cell for victim impact statements and sentencing.
    ….
    * Not to be confused with Nurse Betty, who we don’t think has ever killed anyone.

  65. Salvatore, Iron Publican Avatar
    Salvatore, Iron Publican

    Cost of imported food rises when the Aussie dollar goes down.
    Return for exported food goes sky high (in Oz dollars)
    Miners halve their wage cost (in real terms)

    Clouds, silver linings, & so on.

  66. Salvatore, Iron Publican Avatar
    Salvatore, Iron Publican

    Not to be confused with Nurse Betty, who we don’t think has ever killed anyone.

    Why don’t you think?
    Please share.

  67. Dot Avatar

    It’s been somewhat rewarding slumming it on Twitter but when some dumb BA quotes Gittens on “unemployment is a choice!” and that a vertical Philips curve is a plot against Australians, I think I may have Reddit cucked too hard.

    They’re calling economics unscientific whilst declaring money supply doesn’t matter and Gittens is a great economist.

    Whitlam tried this before and it ended so well.

  68. JC Avatar
    JC

    Cost of imported food rises when the Aussie dollar goes down.

    It’s just not the cost of imported food that rises, dumbo. Staples like wheat for instance are annexed to a US dollar spot price and it also rises. Meat to some extent. Normally, I’d say you get the idea, but because it’s you, I wonder if I should list other examples.

    Return for exported food goes sky high (in Oz dollars)

    You got that in one, congrats.

    Miners halve their wage cost (in real terms)

    First off, how would you know they halve their wage cost as it depends on the exchange rate. Also, a higher inflation rate would mean wage demands.

    Secondly, miners input costs are also influenced by other things like oh, fuel and cost of maintaining equipment and even purchasing new equipment.

    Lastly, wages are paid in nominal dollars, which means real terms has nothing to do with the price of eggs.

    Clouds, silver linings, & so on.

    Don’t annoy me, you buffoon.

  69. Arky Avatar
    Arky

    Pretty well everyone over the age of 60 stole, grafted or caused the immoderation of those around them to survive the famine years.
    Similarly everyone around that age joined in the lunacy of Maos purges of society.
    The fact they are where they are in the world is in spite of, not because of the godless commie scum.
    And now the same scum have caused a demographic implosion decades in the making.

    ..
    Which is why, if you love Chinese culture, Taiwan is more than just a geopolitical wrangle. It is the last repository, the last living embodiment of everything that Mao eliminated. From complicated Chinese writing characters to literature, from the old Chinese family values to religious artefacts that were systematically vanished from the mainland.
    If you deplore communists and want to deny them their designs, hope for the continued existence of an independent Taiwan. Many, many things exist there and nowhere else.

  70. thefrollickingmole Avatar
    thefrollickingmole

    Dot

    Whitman was derailed when the Freemasons called in a favour from the reptilian royal family who outsourced his removal to the CIA.
    This was to prevent him exposing the world money supply was manufactured from stolen kids in tunnels under the Vatican

    Everyone knows this.

  71. JC Avatar
    JC

    It’s $35 billion now.

    The National Disability Insurance Scheme has become a “magic ­pudding” for governments, service providers and some people with a disability and the $35bn program’s rising costs are greater than have been publicly revealed, the head of the Albanese government’s NDIS review warns.

  72. JC Avatar
    JC

    It’s the fastest growing sector of the Australian economy. A growth industry.

    “What has become clear is that, often without intending to, ­governments, service providers, and some people with disability and their families, have all started to treat the NDIS as a limitless ­resource. Governments, while funding the NDIS and worrying about its increasing costs, keep helping themselves to new slices of the NDIS.”

    Figures from the National Disability Insurance Agency released last week revealed the scheme would cost an estimated $35bn in 2022-23, and had 610,000 participants, up by nearly 76,000 in a year. The average annual plan payment is more than $60,000. Along with aged care, health, defence and interest payments on national debt, the NDIS is one of the fastest rising costs in the budget, the latest Intergenerational Report will reveal on Thursday.

    Get a load of the number of kids dumped onto it now.

    Currently 11 per cent of boys and 5 per cent of girls aged 5-7 in Australia are on the NDIS, with autism the most common diagnosis, the latest NDIS quarterly report finds.

    This going to end up making the aboriginal industry sector feel like kids corner.

  73. Salvatore, Iron Publican Avatar
    Salvatore, Iron Publican

    Don’t annoy me, you buffoon.

    Go & perform sex & travel. After that insert noggin where zero sunshine is to be found.

    Repeat several times.

    It’s just not the cost of imported food that rises, dumbo. Staples like wheat for instance are annexed to a US dollar spot price and it also rises. Meat to some extent. Normally, I’d say you get the idea, but because it’s you, I wonder if I should list other examples.

    Return for exported food goes sky high (in Oz dollars)

    You got that in one, congrats.

    You’re contradicting yourself there Dunning Krugman.

  74. Alamak! Avatar

    They’re calling economics unscientific whilst declaring money supply doesn’t matter and Gittens is a great economist.

    Whitlam tried this before and it ended so well.

    I’m a little surprised the Modern Monetary Theory crazies have not surfaced in Albo’s regime already. If we go into recession its pretty certain that MMT and UBI will be pushed as “solutions”.

  75. Elizabeth (Lizzie) Beare Avatar
    Elizabeth (Lizzie) Beare

    Once again, you spent about six times my comment to weep and moan and justify after I said a few words about you.

    Stalker.

    Get lost.

  76. Boambee John Avatar
    Boambee John

    Arky

    Which is why, if you love Chinese culture, Taiwan is more than just a geopolitical wrangle. It is the last repository, the last living embodiment of everything that Mao eliminated. From complicated Chinese writing characters to literature, from the old Chinese family values to religious artefacts that were systematically vanished from the mainland.
    If you deplore communists and want to deny them their designs, hope for the continued existence of an independent Taiwan. Many, many things exist there and nowhere else.

    Indeed.

Leave a Reply

Your email address will not be published. Required fields are marked *

  1. MONA? What even is that ..? It was a top song by Craig McLachlan. Pffft. Such a lack of culture…