Sunday 19 May 2019

Dystopia 2019



Australian Federal Election Results 2019 at 
https://tallyroom.aec.gov.au/HouseDefault-24310.htm.

Yamba rock pool reopens


Yamba Rock Pool, May 2019

Clarence Valley Council, media release, 16 May 2019:

Yamba ocean rock pool repairs get the thumbs up

BARRY Cribb well remembers teaming up with half a dozen of his mates, arming themselves with brooms and shovels and cleaning out the Yamba ocean rock pool by hand.

That started about 40 years ago and only finished when the then Maclean Shire Council offered to take over the maintenance.

It was a big relief for Barry and his team, but the Yamba resident retains a strong interest in the pool and still swims there regularly – daily when conditions suit.

And he’s pretty chuffed about the latest work Clarence Valley Council has done there.
For the past few years the pool has leaked and in the past 12 months had to be closed on several occasions because the water had fallen to a level that meant it was unsafe for swimming.

Council completed repairs to the pool more than a month ago and there appear to be no signs of leaks.

“It looks and feels nice and clean now,” he said.

“I’ve been swimming in there every day since it re-opened and everyone reckons it is great. It’s not losing any water now.”

Despite some interruptions to the work from Cyclone Oma, the work was completed on time and substantially under budget.

The savings have allowed the council to undertake further improvements at the pool site, including the replacement of ageing timber railings with stainless steel and the widening of concrete paths.

Project manager, council’s Justin Menzies, said working in a marine environment in sometimes unpredictable conditions provided plenty of challenges, but thorough planning and having contingencies meant they could be resolved with little impact on the project.

“We put a lot of effort into project management to make sure we deliver projects on time and within budget and we couldn’t be happier with the result,” he said.

“We’ve got pool users giving us the thumbs up each time we go there and that is really rewarding. That’s what you do it for.”

Mr Menzies said observations since the work was complete suggested the pool would stay clean for much longer following the works.

He said that before the repairs started, holes in the pool allowed sand to penetrate the base and the pool would be dirty with sand and decaying seaweed within a few days after cleaning.

“That’s not happening now and the only sand getting into the pool is coming over the top,” he said.

“That means it’s clean much longer and is much more attractive for users.

“It is a great result for pool users and Yamba.”

Saturday 18 May 2019

Where to follow the Australian federal election vote count on Saturday 18 May 2019



Australian Electoral Commission (AEC) Virtual Tally Room House of Representatives - from 6pm with progressive ballot tally all night

Australia Votes: ABC Election Night Live website - from 6:00pm

ABC News live stream online or televised on Channel 24 

ABC News on Twitter

ABC Radio National - from 6pm

You Ask, We Answer ABC online - from 6pm onwards

Cartoons of the Week




Cartoons by Cathy Wilcox


Cartoon by Jon Kudelka

Tweet of the Week



Friday 17 May 2019

Has U.S. citizen and media mogul Rupert Murdoch overplayed his hand in this Australian federal election cycle?


“It sounds unreal to say that News Corp is not a media organisation. It sounds outré to say that it is instead a political propaganda entity of a kind perhaps not seen since the 19th century, one that has climbed to its pedestal through regulatory capture, governmental favours and menace, and is now applying its energies to the promotion of white nationalism, even as white nationalists commit scores of murders.”  [Journalist Richard Cooke wiring in The Monthly, May 2019], 

It is your judgement that counts because the right and responsibility to elect the next Australian Government rests with you, the Australian voter, not with an elderly authoritarian U.S. billionaire who rarely visits this country.

Australian society is not as tolerant of Murdoch's sense of entitlement as it once may have been......







March 2018 to March 2019 year-to-year data shows News Corp's principal mastheads are losing readership over the 7 day circulation period, according to Roy Morgan.

By its own admission News Corp has been lobbying local government to keep its community papers afloat in South Australia.

Australian economy has grown weaker and workers paypackets leaner under the Abbott-Turnbull-Morrison Government


ABC News, 11 May 2019:

Australia's "strong economy" has been the Coalition's mantra throughout the election campaign.

Earlier this month, the Liberal Party created a meme of a smiling Scott Morrison armed with a lightsaber and dressed as a Jedi alongside the slogan: "The economy is strong with this one."

In Treasurer Josh Frydenberg's Budget speech, the phrase "strong economy" featured 14 times.

And Labor, loathe to campaign on what it sees as the Coalition's territory, has barely challenged this proposition.

Yet the evidence suggests the claim is more rhetoric than reality.

On just about any measure, the economy is not strong — and any enduring pretensions that it is have been undermined by no less an authority than the Reserve Bank of Australia (RBA).

Its latest monetary policy statement has revised down economic growth for this financial year to just 1.7 per cent — more than half a percentage point below its previous forecast.

That contradicts Treasury forecasts in the Budget, which are barely a month old and were reaffirmed by Treasury even more recently in the pre-election economic and fiscal outlook.

Wages growth, despite a recent small pick-up, has been weaker during the past six years than at any time since World War II.

Home values and household wealth have plummeted amid one of the biggest property slumps in Australia's history.

The inflation rate is at a historic low of just 1.3 per cent and has languished below the Reserve Bank's target range of 2 to 3 per cent for more than three years.

Although employment growth has been reasonably strong, driven by the public sector and community services, key sectors that drive the economy are shrinking.

Manufacturing, construction and retail trade have all shed tens of thousands of jobs over the past year — the building industry layoffs are a product of a massive slump in dwelling investment, which the RBA reckons will continue for years.

Some better headline data mask gloomier realities

Only high rates of immigration have stopped Australia lapsing into a formal recession.

The continued expansion — now in its 28th year, the longest period without a recession in recent world history — disguises a "per capita" recession that is driving down living standards.

Similarly, an unemployment rate mired at 5 per cent, which is not high by the standards of recent decades, disguises the true weakness of the labour market.
More than 13 per cent of the workforce is underutilised — either unable to secure work at all or the hours they need — and a disproportionate share of the jobs growth in recent times has been poor quality: casual and contract jobs in relatively low-wage, low-productivity sectors.

The Reserve Bank is betting on the unemployment rate staying where it is, but others are less optimistic.

Westpac's Bill Evans, one of the most long-standing and respected market economists, predicts that developments in the labour market over the next three months will disappoint the RBA with a "deterioration of the labour market" over the coming six months and "continued weak inflation".

This downturn in the economy is largely homegrown — the product of weak wages growth and the unwinding of an unsustainable property boom that left households saddled with enormous debts.

If there's also an external shock, perhaps from a trade war sparked by Donald Trump's tariffs on our largest trading partner China, it will open up the possibility of a double-whammy.

Yogi Berra, the legendary US baseball star and coach, famously observed that "it's tough making predictions, especially about the future", and it's a maxim that's often born[e] out in economic forecasting.

But you don't need a crystal ball to realise that whoever forms government after the federal election will inherit a sluggish economy, not a strong one.

ABC News, 12 May 2019:

The Reserve Bank's new line in the sand gets its first big test with the latest reading from the jobs market this week.

The new line, as set down in the RBA's latest Statement on Monetary Policy (SOMP), can be roughly defined as the unemployment rate holding at 5 per cent through 2019 and 2020 before drifting lower.

The persistent head-winds of low inflation has seemingly blurred, if not blown away, the RBA's previous markers — parallel lines which were intended to corral inflation between 2 to 3 per cent for as far as the eye can see, or an economist can forecast.

Governor Philip Lowe made it clear a further improvement in the labour market was needed to get the economy out its rut and back in the groove, growing at its full potential.

No back-tracking on this one for the RBA. Lower unemployment and underemployment — where workers are searching for more hours to make ends meet — will soak up the spare capacity sloshing around the economy, inflation gets back to where the RBA wants it and GDP grows at its long term trend, or better.

That's still a long way off, even using the RBA's recently updated and far from pessimistic forecasts......

According to the Australian Bureau of Statistics, over the twelve months to the March quarter 2019 the living costs for self–funded retiree households fell by -0.2%, while the living costs for age pensioner households and other government transfer recipient households rose by 0.3% and 0.2% respectively. Employed households living costs remained unchanged over the same time period at 0.1% above CPI.

It should be noted that penalty rates for retail workers will be further reduced by 15% of the base wage rate on 1 July 2019 and 1 July 2020 as per Fair Work Commission 2017 decision.