Australian PM Anthony Albanese is floundering deeper by the day. This week, the hapless PM tried on another ‘big policy initiative’ by marrying the two most out-of-touch hobby horses that have come to define his lamentable rule: Aboriginal affairs and ‘Net Zero’.
Yep, Albo’s Big Idea was to put Aborigines in remote communities to work building wind farms.
It’s so ludicrous: even the captive audience at the Garma Festival was clearly less-than-impressed at what’s been dubbed “beads and mirrors”. Especially when Albanese used the same speech to oh-just-by-the-way announce that he was burying what would have been the next leg of the ‘Voice’ referendum, a so-called Makarrata “Truth and Reconciliation” commission.
It was a dead horse all along, but shooting it right in front of the people whose wagon it was supposed to tow is an epic piece of political hamfistedness.
Especially when, the whole time, the Labor government is sitting with its fingers in its ears and singing la-la-la-la as everyone tries to get them to acknowledge what Australians are really worried about.
Independent MP Dai Le says the government has failed to address the “long-term impact of the cost of living crisis for families”.
“Certainly people are struggling, people are telling me again, the cost, especially in terms of food, the cost of petrol, the cost of insurance, rent has increased,” the member for Fowler said on Sky News.
The central bank is also trying in vain to get the government to listen.
Anthony Albanese has dismissed criticisms that his government’s spending is fuelling inflation, following the RBA board’s announcement on Tuesday that it would leave the cash rate target unchanged at 4.35 per cent […]
His comment come in the wake of a growing divide between Jim Chalmers and the Reserve Bank, after the Treasurer rejected the central bank’s warnings that government spending was contributing to prolonged inflation.
Dr Chalmers disputed the RBA’s finding that the economy was running too hot and claimed Labor’s energy rebates were putting downward pressure on inflation despite the central bank clarifying the budget’s key cost-of-living measure would not lead to a faster reduction in the 4.35 per cent cash rate.
Labor dodged a bullet when the RBA – barely – opted last week to keep rates on hold… for now. Because even Labor’s staunchest lickspittles in the mainstream media are openly conceding that another rate rise would be near-fatal for the government.
Another rate rise would gravely damage the government. It would almost certainly tip the economy into recession, making political recovery in time for the election extremely difficult.
Albanese has to decide whether to go later this year, call it in late January for March or hang out until May […] Albanese has been busily road testing his themes for the election.
And each one is turning out to be yet another flat tyre.
Despite his best efforts to sell ‘renewables’ as the great panacea for remote Aboriginal communities, Albanese is simultaneously dumping his last Big Policy Initiative after just six months. The so-called ‘Made in Australia’ solar panels scheme, which the government pumped over a billion dollars into, is already collapsing.
It took less than six months for the Albanese government and some of Australia’s biggest climate investors to change their mind on a solar panel manufacturing plunge.
The Albanese government dubbed their billion dollar baby “Solar Sunshot” – and ‘shot’ it most certainly is. SunDrive, the technology group that was the beneficiary of that taxpayer-funded largesse, is taking the money and bolting.
SunDrive this week announced a “strategic review” to focus on developing technology to transform panel manufacture rather than producing the physical panels.
Significant retrenchments took place as a result of the reversal. It was a sensible decision, and I suspect the wiser heads among the shareholders prevailed.
The Albo Touch strikes again.