Monday 16 May 2016

Baird Government backs down after being sprung promoting NSW Northern Rivers region as having potential commercial opportunities for overseas CSG miners - but can this government be believed?


The Australian on 6 February 2016 raised a red flag when it reported:

The NSW government will ­release new areas of the state to gas exploration, with Aboriginal land councils getting priority to claim the leases following the ­decision of AGL to withdraw from coal-seam gas exploration and production.

The Baird government has bought back leases covering large parts of the state following strong opposition to coal-seam gas, hoping that two major companies, AGL and Santos, could develop coal-seam projects and demonstrate they could be built without environmental damage……

On 2 May 2016 a North Coast Voices post pointed out that NSW Nationals MP for Clarence and NSW Parliamentary Secretary for the North Coast, Chris Gulaptis, had endorsed the Baird Government's North Coast Regional Plan which included this statement:

The North Coast also includes areas of the Clarence-Moreton Basin, which has potential coal seam gas resources that may be able to support the development and growth of new industries and provide economic benefits for the region….

By 11 May local concern had grown when The Sydney Morning Herald reported:

The state government has been selling northern NSW to foreign mining investors as having "very good potential" for coal seam gas exploration, while local voters were told the practice had been stopped, documents show.
NSW is also being spruiked as a "greenfields opportunity" with "known potential" for uranium exploration, even in the farming region of New England.
The revelations threaten to bring the politically charged issue of mining back into prominence across a string of regional marginal seats, months after the government moved to neutralise the issue and stem a major backlash from Nationals voters.
The marketing material was prepared by NSW Trade and Investment bureaucrats and presented in March to a Toronto conference of more than 20,000 mining investors from more than 100 countries.
"The Clarence-Morton basin has very good petroleum potential," investors were told of a 16,000 square kilometre region in the state's northern rivers. "Almost all wells drilled … have yielded gas and/or oil".

That same day the NSW Dept. of Industry tried to close the door after the horse had bolted by stating in The Australian that the promotional material presented at the international conference had been withdrawn:

"The Clarence-Moreton Basin has very good petroleum potential for the production of hydrocarbons," the document said.
"The potential for commercial opportunities" within the basin was highlighted by a recent discovery, it said.
AAP understands the material was presented to mining investors at an international trade conference in Toronto earlier this year.
The documents also spruiked the "significant potential" for uranium exploration in Broken Hill and Lachlan in the state's central west, and in the New England region further north.
In a statement on Wednesday, the Department of Industry said it had withdrawn the promotional material.

However this description of the promotional material was still easily found in the cache of the NSW Dept of Industry, Resources and Energy website on 12 May 2016:

XplorPak 2016 – showcasing NSW to international investors

11th February 2016
The Geological Survey of NSW team has finalised its annual Explorers Directory and renamed it XplorPak 2016.
As part of the rebranding, the product has been significantly upgraded with a modern, user-friendly interface and a fully redesigned image.
The package provides information on mineral, geothermal, coal and petroleum exploration and production in NSW, with links and data to help prospective explorers and other stakeholders.
XplorPak 2016 will be released at PDAC, Toronto, Canada, in early March 2016.
It is a free product and is available by contacting geoscience.products@industry.nsw.gov.au [my red bolding]

In the Echo NetDaily on 12 May 2016 Janelle Saffin, Labor candidate in the Page electorate which saw a decade of coal seam gas exploration and accompanying sustained community resistance, expressed the opinions of many:

Ms Saffin was blunt, saying the revelation despite the denial had ‘left the Nationals credentials in tatters’ and they ‘could no longer pretend that they supported a CSG-free region, when they have a state Nationals minister’s department promoting our area to investors to mine CSG’.
‘This comes on top of their state planning document that mapped and marked the northern rivers area as a CSG mining zone,’ she said.
‘It seems they are just biding their time believing that they can have CSG mining happen here, at some stage, the Nationals have been caught red handed – saying one thing but doing something completely different,’ Ms Saffin said…..
Ms Saffin said ‘no spin can cover up this deception. You simply can’t just say oh sorry, I overlooked the State Planning documents and now a international investor document and have us believe you support a CSG-free region’.
‘Both documents support the development of new CSG mines,’ she said.

As did Gasfields Free Northern Rivers spokesperson Elly Bird in The Daily Examiner online issue of that day:

Outraged by the NSW Governments actions, Gasfield Free Northern Rivers regional coordinator Elly Bird has said The Nationals are either lying to the community or they were kept in the dark as to the governments true intentions.
"First we see references to CSG in the Draft North Coast Regional Plan and now this news that the Department of Trade is still promoting our region as open for business for CSG,
"It's absolutely outrageous that this government is acting one way and speaking another way. Our National Party MPs are falling all over themselves promising that we are protected when it is becoming more and more obvious that the truth is the complete opposite,
"Our community will not stand for it. What sort of fools do they take the people of the Northern Rivers to be? It's obvious that the National Party cannot be trusted to tell us the truth," Ms Bird said.

In The Daily Examiner on 12 and 13 May 2016 Nationals MP for Page Kevin Hogan attempted what seemed almost half-hearted damage control:

Federal Member for Page, Kevin Hogan has defended his state colleagues and commended their action on CSG.
"I think the man and woman on the street in our community know that CSG is dead and buried," Mr Hogan said. "I think the government has shown the commitment to that with the buyback of the licences, obviously this is just bureaucrats who need to keep up.

But then Hogan belongs to an Abbott-Turnbull federal government which made its wishes clear within nine days of being sworn-in:

The Federal Government says it is intervening to fast-track coal seam gas (CSG) projects in New South Wales in response to the state's "gas crisis".
Resources Minister Ian Macfarlane has warned that thousands of jobs could be lost and gas prices could spike in the state if moves are not taken to unlock CSG reserves.
Speaking at an "energy security summit" of gas industry stakeholders in Sydney on Thursday, he said he wanted to see more CSG rigs in place "by Christmas".
He said he had spoken to Liberal Premier Barry O'Farrell about ways to overcome resistance to CSG drilling from farmers and other landowners.

And continues to support gas industry aims as this 13 April 2016 report in Business News (WA) clearly demonstrates:


The question for Northern Rivers residents is; Can the Baird and Turnbull Governments be trusted to keep the region gasfield free?

APN Australian Regional Media to remain with APN News & Media if demerger goes ahead but Murdoch circling regional mastheads


At the moment it appears that Australian east coast regional newspapers owned by APN News & Media will remain with APN if the proposed NZME demerger goes ahead.

The same applies if talks between Fairfax Media and APN result in a merger between NZME and Fairfax Media New Zealand.

However, these 100 regional newspapers and websites in Queensland and NSW  are still up for sale and the possibility that Rupert Murdoch’s News Corp will be the eventual owner of some or all of that stable remains.

The Australian, 9 March 2016:

News Corp, publisher of The Australian, is believed to be circling the regional community newspapers owned by APN News and Media, which called on Credit Suisse to ­divest the portfolio.

News Corp already owns a network of 111 local mastheads, some of which are believed to be highly lucrative, and sources said the company was taking “a good look” at the APN offering.

The company declined to comment yesterday.

News already holds a stake of almost 15 per cent in the company and counts APN’s former boss ­Michael Miller as its executive chairman. It is understood News had been approached by APN to look at the portfolio. Ciaran Davis was recently named as APN’s new chief executive…..

Sources have suggested that some of the publications would be closed if a buyer could not be found. However, deal-makers yesterday said the newspapers were a good acquisition prospect for an acquirer at the right price that could capitalise on synergies and cash flow.

The news comes with the expectation of increasing deal activity in the media sector, with companies already lining up advisers in anticipation of new laws being passed that will relax restrictions on how many viewers any one television broadcaster can access nationally.

Sunday 15 May 2016

Action hero Scott Morrison of the Turnbull Coalition Team sends dispatch from Coalition Campaign Headquarters 2016 (CCHQ 2016)


This is what Labor’s Shadow Treasurer Chris Bowen stated on 10 May 2016 as reported by SBS News:

The ritual election costings debate has begun with shadow treasurer Chris Bowen promising Labor will release four and 10-year costings of its policies.
But the bottom line won't be revealed until the latter part of the campaign, "after we've announced the last bulk of our policies", Mr Bowen told the National Press Club on Tuesday.
"That will enable us to say more about the trajectory back to budget balance," he said.
Labor would stick with the independent Parliamentary Budget Office for its costings, rather than submitting policies to Treasury, Mr Bowen said.
"They are well resourced, competent people and if there is a dispute between the Treasury and the Parliamentary Budget Office as to costings, that does not automatically mean that the PBO is in some way in error," he said.
Mr Bowen also said while Treasury was an arm of the government, its secretary was not a political play thing and he would work with the Abbott-appointed head John Fraser.

This is what Chris Bowen also clearly stated in 10 May 2016 media release:

Labor is the only party setting the economic agenda.

If elected, we will:

*Deliver an economic statement within three months of being elected to protect Australia’s AAA credit rating.
Implement our productivity-enhancing economic agenda, including our plan to deliver once-in-a-generation school reforms, lifting educational outcomes and boosting GDP.  
*Deliver our $10 billion infrastructure facility which will create approximately 26,000 jobs and add around an extra $7.5 billion to Australia’s GDP every year.
*Reform negative gearing and Capital Gains Tax, stimulating new housing construction and putting the great Australian dream back within reach of working and middle-class  
 Australians.
* Making record investments in the renewable energy sector preparing our economy for a less carbon-intensive world.

As for any possibility of a minority government after 2 July 2016, SBS World News Radio reported on 10 May 2016:

Voting preferences dominated discussion across all major parties.
It stemmed from Greens MP Adam Bandt raising the prospect of forming an alliance with a minority coalition or Labor government in the event of a hung parliament.
Prime Minister Malcolm Turnbull, whose party has ruled out governing with the support of the Greens, used the occasion to warn of a return to a past political scenario.
"Why would we run the risk of having another Labor-Greens independent government, another hung parliament, which is plainly in contemplation of the Labor party, it is plainly in the enthusiastic contemplation of the Greens, and we know what the price will be: people smugglers back in business, much higher taxes even than those already contemplated by Labor and a much higher carbon tax even than that already contemplated by Labor."
Bill Shorten, too, appeared quick to quash the idea.
"Every time you see a Green politician saying they are against the Liberals, then why are they making it easier for the Liberals to get elected in the suburbs and regions of Australia. Or, can I put it another way to Mr Bandt and the Greens, tell them they are dreaming. No deals with Labor about forming a coalition."

This was Treasurer Scott Morrison of the Turnbull Coalition Team in a media release sent from Coalition Campaign Headquarters 2016 (CCHQ 2016):
Image @latingle

As journalist Laura Tingle observed on 11 May; Is the government just a little panicky here?

Australian Federal Election 2016: spot Amanda Vanstone's attempts at political deception in The Age newspaper


This was former Liberal Senator for South Australia and former minister in the Howard Government, Amanda Vanstone writing in The Age on 9 May 2016 in an article titled Turnbull or Shorten? The choice seems clear:


Let’s break that down a little.

Schooling

Yes, Malcolm Turnbull went to a public primary school at Vaucluse in Sydney’s affluent Eastern Suburbs for about three years and, yes he went to Sydney Grammar School from the age of eight with the assistance of a scholarship for at least part of that period. He graduated from university during the years when undergraduate and post-graduate tertiary education was free of course fees in Australia. He was the child of divorced parents. All this is on the public record.

Bill Shorten went to a local Catholic primary school before attending Xavier College’s junior & senior schools in the Eastern Suburbs of Melbourne – his mother taught at Xavier and presumably there was some degree of discount on his school fees. So yes, he also had a private education in affluent suburbs. He graduated from university during the years when tertiary education was free of course fees and undertook a post-graduate degree during a period when course fees were re-instituted. His parents divorced when he was about 20 years of age. All of which is also on the public record.

Wealth

Malcolm Turnbull inherited assets worth an est. $2 million from his hotel-broker father before he turned 29 years of age according to one of his biographers Paddy Manning and, he and his wife independently and jointly went on to garner considerably greater wealth which was last estimated to be in the vicinity of $200 million. His last Statement of Registrable Interests lists a veritable slew of financial investments and an expensive property portfolio shared between he and his wife. It is not known if he inherited any money from his mother.

It is not known to the writer if Bill Shorten inherited any money to speak of from his dry-dock manager father or his mother, however his last Statement of Registrable Interests lists very little in assets held by either he or his wife beyond their mortgaged family home.

What essentially separates these two men are the differences in their personal and political philosophies and the wide gap between their different levels of personal wealth.

Although this is something Amanda Vanstone is trying hard to distort in this federal election campaign and something The Age appears to be so indifferent to that its editor is not reigning in her excesses.  

Saturday 14 May 2016

Just because it is beautiful......(9)



Quote of the Week


There’s nothing the matter with being vicious, In fact there is not nearly enough venom and malice in this pussy-footing society of ours.
[Malcolm Bligh Turnbull quoted in Quadrant, 16 December 2015]

Friday 13 May 2016

Federal Election 2016: feeling entitled to the last


Have you been a sitting member in the federal parliament since 2004?
Recently lost party pre-selection?
What do you do to retain all the salary, lurks and perks of an MP between 9 May when parliament dissolved and polling day on 2 July 2016?
Why you announce that you will nominate as an Independent candidate.
Problem solved!
Not only are you still on the parliamentary gravy train – even if you happen to lose your seat you will be further compensated by the long-suffering taxpayer when the Australian Electoral Commission pays out if you have received 4% or over of all formal first preference votes recorded in your electorate.
That’s $2.62259 per eligible vote in this double-dissolution election.

At least one disendorsed Liberal Party MP, who thinks he was the most popular MP in his seat there’s ever been, has obviously done the maths and decided to add to the $104,496 plus annual pension he would receive if he simply resigned now.