Australian Treasurer Josh Frydenberg has toned down hollow bragging lately

Federal Treasurer Josh Frydenberg has toned down his bragging about economic recovery lately, with the Financial Review on 3 September 2019 reporting that:

Treasurer Josh Frydenberg concedes the nation's economic growth for last financial year will be poor but believes activity will pick up in the September quarter because of cuts to income taxes and interest rates.

Fearing a growth number as low as 1.4 per cent for year ending June when GDP figures are released tomorrow, the Treasurer blamed several factors for what will be a sluggish quarter, including the election campaign.

He blames everyone but the federal government of which he is a senior cabinet minister for the following........

On 4 September 2019 the Australian Bureau of Statistics released its 5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2019.

The opening lines of its media release stated: 

The Australian economy grew 0.5 per cent in seasonally adjusted chain volume terms in the June quarter 2019 and 1.4 per cent through the year, according to figures released by the Australian Bureau of Statistics (ABS) today.

Chief Economist for the ABS, Bruce Hockman, said: “The external sector drove GDP growth this quarter, while growth in the domestic economy remains steady”.

The National Accounts release was accompanied by this graph which shows that, despite this June quarter 2019 growth, GDP growth is the lowest it has been in the last eleven June quarters:

And the decline in GDP growth between June 2018 and June 2019 looked like this:

GDP1
Infogram

Interactive graph from https://www.michaelwest.com.au

It is hardly a coincidence that GDP growth  has a sharp downward trajectory, given that once Liberal MP for Cook Scott Morrison became prime minister he spent most of his time between August 2018 & May 2019 in continuous election mode whilst presiding over a virtual policy vacuum.

In June quarter 2019 new and used dwelling investment continued to decline, the household saving ratio fell to the lowest its been since 2008, while the small growth in household consumption was the second lowest its been in the last eleven June quarters. 

Although mining activity picked up, mining gross value added as a percentage of  GDP was almost half of what it was in 2014 and mining investment in dollar terms was the lowest it had been since the June 2011 quarter.

If it wasn't for government expenditure between April and June 2019 then GDP growth would be even slimmer. Even then, neither Prime Minister Morrison nor Treasurer can claim expenditure figures as entirely the result of federal spending because it was state and local governments which did most of the heavy lifting. 

Over 110 brands walked away from advertising on 2GB radio due to Alan Jones' misogynistic and violent language

The Guardian, 13 September 2019:

Faced with an advertiser exodus of more than 110 brands, Macquarie Media has written to advertisers promising a review of Alan Jones’ program, which it says failed to meet community standards.

Jones apologised last month to the New Zealand prime minister, Jacinda Ardern, for his comments that Scott Morrison should shove a sock down her throat, but this failed to stem the flow of advertisers, and 2GB and 4BC have continued to haemorrhage revenue.

The chairman of Macquarie Media, Russell Tate, wrote to advertisers on Friday to apologise for the comments about Ardern and “any disruption caused to your company as a result of remarks made by him”.

Alan and I are happy to talk and meet with as many of our advertisers as possible over the next two months to hear your views on how we can best serve your business, but in the meantime, I would be very interested to hear any comments or thoughts which can help us do that.

Jones is already on a final warning after Tate took the unprecedented step of scolding him publicly last month.“This incident has brought into sharp focus the need for all Macquarie Media broadcasters to ensure that the debate they bring to the microphone and the words they use are, at all times, respectful and reflect the standards expected today by our listeners, our clients, and the wider community,” he said......

Good grief! Its 2002 meets 2007 in the Northern Rivers region during 2019

Clarence Valley Independent, letter to the Editor,11 September 2019:

Ed,

Good grief! Its 2002 meets 2007 in the Northern Rivers region right now.

This month we learned that there was an approx. 40 degree Celsius sudden warming in the upper atmosphere over Antarctica which will extend the current eastern Australia drought into the foreseeable future. With the Bureau of Meteorology stating that the last time a similar event occurred was in 2002 when the country experienced one of its driest years on record.

Readers might recall that 2002 was smack bang in the middle of the millennium drought. A drought which at one point saw the Orara River cease to run and at another, the Nymboida Weir unable to do more than supply two weeks of drinking water for the Clarence Valley before the pumps would no longer be able to draw any water up at all.

Last month we discovered that wannabee water raiders from the Murray-Darling Basin were back with another bid to divert water from the Clarence River system so that they could get a larger, less expensive dam built to order and, these four local councils – one in NSW and three in Queensland – can then undertake the intended expansion of their their urban and industry footprints.

Just as in 2007 they come at a time when the Clarence Valley is in drought and water flow in the upper reaches of the Clarence River is low, demanding we supply irrigation and drinking water – this time for an additional est. 236,984 people.

And just as in 2007 the media reports that at least one of the councils has already been talking with the federal Minister for Water Resources about their cross-border water diversion scheme and is pursuing a meeting in Canberra [The Chronicle, 3 September 2019, p.5 ].

The only difference between 2002, 2007 and 2019 is that the Clarence Valley acted on the lessons learnt between 1996 and 2010. Something Tenterfield, Toowoomba, Southern Downs and Western Downs failed to do.

Clarence Valley and Coffs Harbour City expanded their original water sharing arrangement by building the Shannon Creek Dam to future proof as much as is possible the water supply for a est. combined total population of 128,198 people.

Now these four Murray-Darling Basin councils want the Clarence River system to supply water for a new total combined population of 365,182 people.

I wonder if now is the time to remind those politicians who may be thinking of supporting this push to build a 20,000 to 30,000 megalitre dam and pipeline that, the last time an attempt was made to grab Clarence water willy nilly, Clarence Valley communities helped bring down a federal government.

Judith M. Melville, Yamba

Tweet of the Week

Here’s Peter Dutton, to the tune of DMX, advertising a car dealership. pic.twitter.com/Rv6PlxrXek

— SBS News (@SBSNews) September 6, 2019

No stranger to criticism, Home Affairs Minister Peter Dutton has appeared to have embraced the title "the baddest MP". Mr Dutton features in a new online video for a Brisbane car dealership which resembles a music video, blasting US rapper DMX's X Gon' Give It To Ya in the background.

Cartoon of the Week

Cathy Wilcox

Water raiders want Clarence Valley communities to be "grown-up" and just let them go ahead and degrade the upper Clarence River water flow

This was Toowooba Regional Council in 2018 and the Clarence Valley's response.......

The Daily Examiner, 24 April 2018

This is Toowoomba Regional Council in 2019......

The Chronicle, 10 September 2019:

TOOWOOMBA Mayor Paul Antonio has called on his New South Wales colleagues to be part of a “grown-up discussion” over long-term water strategies, including a pipeline from the Clarence River.

Cr Antonio’s comments come amid a push-back from the Grafton community over discussions to connect the bountiful Clarence system to struggling areas in the Southern and Western Downs to combat the effects of drought.

Clarence Valley Mayor Jim Simmons said last week he was adamant no headwaters would be leaving the system in the near future, even as the multi-council water allocation plan collects speed.

But Cr Antonio said it was important that all options were explored to ensure the east coast of Australia was well-supplied.

“I think we’ve got to be grown up and have a discussion around that,” he said.

“The Maryland river system has a 21,000ML yield, would take a fraction of water from the Clarence, but make a profound difference.

“We need the state governments in Queensland and New South Wales to facilitate a conversation around water strategies, and I’m having some robust discussions with the mayor of Tenterfield (Peter Petty) at the moment about it.”

The council endorsed a motion early last year to investigate a pipeline from the Clarence River, and the Southern Downs Regional Council made a similar commitment late last week.

Cr Antonio said continuous consultations over water would become the reality for councils and state governments in the near future.

“Water is the new currency, water is the limiting factor in population growth and food production in this area and many other areas,” he said.

“Now is the time to reflect on where we are and put strategies in place and it will lift this nation and make it more productive.”

Clarence Valley Independent, 4 September 2019:

In a video on SDRC’s Facebook site, the [Southern Downs Regional Council] mayor says “we have letters of support from Toowoomba regional Council and Paul Antonio, mayor of Toowoomba, [who is] also the chair of the Darling Downs South West Queensland Council of Mayors”.

Mr Antonio said in his letter: “As chair of Darling Downs South West Queensland Council of Mayors … I write to give the strongest of support to your council’s submission to the Australian Infrastructure Audit regarding long-term water security on the Darling Downs and NSW Border Ranges.”

Mr Antonio referred to a “crisis meeting” held among each of the councils on May 16.

“It was agreed we will work together to spread resources through planning to interconnect our [water] supplies….” he writes.

“New sources of water can include diversion from the headwaters of the Clarence River basin, via the Maryland River, and access to recycled water from Brisbane.

“Both these options require major investment well beyond the means of the councils involved.

“They also will take a merging of political wills across all three levels of government.

“Nothing short of a visionary, nation-building initiative led by the Commonwealth will solve the problem.

This is a Clarence Valley resident's response in 2019.....

The Mayor of Toowoomba, Paul Antonio, claims to want "grown-up discussions" concerning a proposal to dam and divert Clarence River system water across the border into southern Queensland.

Yet strangely he has not been adult enough himself to notify Clarence Valley Council of this proposal or enter into dialogue with this council which represents the majority of people and communities living along the length of this NSW river system.

What Cr. Antonio also forgets or just chooses to ignore when touting his "nation building initiative" is that there in a legislated, carefully considered water sharing plan already in place - the Water Sharing Plan for the Clarence River Unregulated and Alluvial Water Sources 2016.

This plan covers the Maryland River and specifies the limits to granting water access licences, as well as limits to the maximum amount of water which can be drawn off this river which is set out as 995 ML/yr.

It also specifies when extraction should cease due to low flows; "Water must not be taken when the height of the water in Maryland River passing through the culvert pipes over the Rivertree Road near the southern boundary of portion 33, Parish of Reid, County of Buller, is less than or equal to 50 mm."

The plan defines the constraints on harvestable water rights as those set out in Water Management Act 2000 - Sect 53 & 54. This state act blocks supplying "any other land" with water that has been captured by landholders on the Maryland River.

Additionally, the plan limits the water extraction licence pool to an upper limit of 990 share components.

This water sharing plan was not something that was created without "grown-up discussions". Because NSW stakeholders recognized that our rivers are markedly variable and there is significant competition for water (especially in dry times). So there had to be an evidence-based balance between the needs of users and the need for a sustainable environmental flow in this particular Clarence River tributary.

Because without a genuine environmental flow entering the Clarence River at the confluence of the Maryland and Clarence Rivers, the upper Clarence River would overtime become a degraded waterway.

Cr. Antonio is talking of building an in-river dam and, as the proposed amount of water to be held back from entering the Clarence River under this water raiding scheme is actually 55.5% of the average annual flow of the Maryland River and an est. 57% of its unallocated annual flow, it is hard to see how environmental flows below this proposed dam wall can be reliably met.

Especially given there are existing landholder water entitlements in the Rivertree region on which local farmers depend as they come to grips with changing rainfall patterns.

This Queensland local government councillor is yet to demonstrate that he has any understanding of the interconnective nature of hydrological processes at work along the more than 380 km length of the Clarence River from its headwaters to coastal estuary mouth.

Cr. Antonio appears to see the Clarence River system in terms of the potential for economic growth in his own region -  failing to see the very real aesthetic, cultural, social, environmental and economic values it holds for the people of the Clarence Valley.

He does not take into consideration that the Clarence River system already supplies the water needs of 128,198 residents in the Clarence Valley and Coffs Harbour City local government areas and, that this river underpins two regional economies which together were worth an estimated $5.58 billion in 2018. [See Clarence Valley Council Economic Profile and Coffs Harbour City Council Economic Profile]

One might suspect that Cr. Antonio (who will presumably be seeking re-election in a little over five months) views this water diversion proposal solely through the narrow lens of his own political and personal financial ambitions.

Background

1. Water Sharing Plan for the Clarence River Unregulated and Alluvial WaterSources: Background document, July 2016

2. ABC News, 7 December 2018:

A southern Queensland Mayor has been fined nearly $15,000 after he was found to have engaged in misconduct in his dealings with the Melbourne-to-Brisbane Inland Railway project.

In an interview with the ABC in 2017, Councillor Paul Antonio, who owns a gravel quarry near Millmerran on the route chosen by the Federal Government, conceded he stood to benefit from the inland rail project.

The ABC revealed, Cr Antonio personally paid $4,900 to have an alternate route for the project investigated, which took the line to the very edge of his quarry.

Cr Antonio told the ABC he paid for the map to find an alternative that did not go through prime agricultural land in Millmerran, to help affected farmers.

After initially telling the ABC he gave the map only to one Millmerran farmer, he later conceded he provided the map to former industry minister Ian MacFarlane, who is now the chief executive of the Queensland Resources Council, and the Federal Member for Groom, John McVeigh.

The matter was referred to the Local Government Regional Conduct Review Panel in April 2018 after a complaint was made by a fellow councillor and a member of the public.

The panel decided the complaint of misconduct was sustained.....

Cr Antonio was fined $14.360.50, ordered to undergo counselling, make an admission of error, and apologise at the next council meeting.

The panel also recommended the Local Government Department's chief executive officer monitor Cr Antonio for compliance with the Local Government Act.....

Morrison Government's aged bonus just a political shell game

The New Daily, 9 September 2019:

It was billed as an $800 aged bonus, with a million pensioners promised a cash splash under Prime Minister Scott Morrison’s deeming rate change.

But documents released under freedom of information laws to The New Daily have revealed that seniors will secure just $5 a week on average for singles.

The average windfall for aged pensioners is just $249 a year for singles – a fraction of the $800 pensioner bonus heralded across front pages in July.

For couples, the average payment under the deeming rate changes is $3 a week and $156 a year.

Thousands of pensioners not affected by the deeming rate changes because they don’t have investments will get nothing.

Nearly half of all pensioners who receive the couples rate – 46 per cent – will secure less than $130 a year.

Social Services Minister Anne Ruston has repeatedly refused to provide the breakdown of how many pensioners will secure the $800 maximum payout.

The FoI documents reveal that the percentage of pensioners who will secure the $800 aged bonus promised in front-page newspaper reports is indeed a rare breed.

According to the department’s data, they represent just less than 1 per cent of the one million pensioners who are better off under the changes.

The number of pensioners on the couples rate who will secure $780 to $910 under the deeming rate changes total just 191 couples across Australia.

Source: Department of Social Services

National Seniors Australia chief advocate Ian Henschke said it was clear only a tiny fraction of the community will receive the $800 spruiked by the government.

Mr Henschke said because the changes are backdated, the first payment will be more generous in September. It will then shrink back to $3 a week on average.

“They will be tricked because when they open up their payment they will get a lump sum,” Mr Henschke said.

“Nobody has actually got the money yet. What we’ve got here is a classic case of a government not doing the right thing.”

The government uses an income and asset test to determine aged pension payments and the deeming rate is part of the income test.

Seniors have claimed the deeming rate is unfair because it assumes some pensioners are getting a better return from savings deposits than they do because interest rates are low......

On July 23, Ms Ruston’s office emailed The New Daily claiming the data did not exist to explain how many people got the maximum amount of $800......

The FoI documents provided to The New Daily outlining the exact data requested, not including redacted documents, runs to more than 30 pages.

Previous freedom of information requests lodged by The New Daily revealed hundreds of pages of emailed correspondence back and forth between the minister’s office and the department over the original request for the information on how many pensioners get the $800.