#malcolmturnbull

ABC goes bananas but slips up on cold truths that split the narrative

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On March 18,  CM wrote about the gross inefficiencies at the ABC, which have rapidly deteriorated over time. We said,

Since 2008, the average salary of ABC’s staff has risen 25% from $86,908 to $108,408. Total staff numbers have risen from 4499 to 4769. Therefore salaries as a percentage of the ABC revenues have risen from 37.1% of the budget to 50%. The ABC’s ability to generate sales from content has fallen from A$140mn to A$70mn last year. The multicultural SBS has seen its budget grow from A$259mn in 2008 to A$412mn in 2017. SBS staff numbers have grown from 844 to 1,466 over the same period with average salaries rising from A$82,689 to A$88,267 or 7.2%. Which begs the question why is the SBS able to operate at 31% of the budget in salaries while the ABC is at 50%? Surely the ABC’s economies of scale should work in its favour? Clearly not.

According to The Australian, in response to the budget cuts coming over the following three years,  the ABC responded today with,

The ABC says there is “no more fat to cut” following the federal government’s announcement to slash $84 million in funding from the public broadcaster…News director Gaven Morris has hit back at the three-year funding freeze announced in Tuesday’s federal budget, which maintains more than $1 billion a year for the broadcaster.

“Make no mistake, there is no more fat to cut at the ABC. Any more cuts to the ABC cut into the muscle of the organisation…We’re as efficient as we’ve ever been…We’re the most minutely scrutinised media organisation in Australia…$84 million over three years, there is simply no way we can achieve that without looking at content creation and certainly looking at jobs within the organisation.”

Well perhaps if the ABC stop airing radical feminists who demand that parents seek approval from their babies when changing nappies or called conservative politicians who served in the military as “c*nts” perhaps it might justify for more budget.

It is a pretty simple. Online media pretty much allows such a wide array of choice that we do not need a taxpayer funded media (which readily breaches its code of conduct with regards to political bias) to provide so much content.

We have multiple ABC TV & radio stations plus multiple websites. One could argue for one each. We certainly do not need to give the ABC more money to expand its platforms to make up for a shortfall in quality content to arrest declining market shares.

Turnbull should Google ‘common sense’

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UK PM Theresa May Maybe an uninspiring speaker and weak political figure given her dreadful stewardship over Brexit, yet she still deserves to be shown respect by her fellow leaders. Australian PM Turnbull clearly had some dead time during May’s CHOGM speech to send some emails and text messages. Turnbull is void of common sense. There is zero chance the Turnbull Coalition can win the next election.

CM attended a Liberal Party function yesterday and local membership is dwindling. The average age of those that attended was 60+. The issues raised by the audience were a slowdown of immigration followed by daylight then electricity prices. Yet Turnbull’s Coalition is all about issues that conservatives aren’t focused on. Throwing his ministers under a bus and championing that he’s less worse than the opposition.

 

PM Turnbull enforces sex ban between ministers and staff

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Talk about closing the gate after the horse has bolted. How out of touch can PM Turnbull be to think imposing a ban on consenting adults will achieve anything much less stop the rot in the polls? As CM wrote yesterday, the citizens of Australia would gladly trade off randy politicians if they applied the same energy they  do ‘on the job’ on the job! People want action on policy rather than the headmaster telling naughty schoolboys how to behave! What a farce. Voters are more angry at being taken for mugs by giving mistresses $200,000 taxpayer funded jobs rather than dismay at sexual antics inside parliament corridors.

Once again Turnbull shows complete error in judgment. Instead of showing a firm hand he only shows himself ever more impotent (no pun intended).

If only politicians put as much energy into policy as they do in the bedroom

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Everywhere we turn, social media is tagging another politician who can’t keep “it” behind closed zippers. It is nothing new. While not condoning extra-marital affairs, the media seems more intent on reporting infidelity in nauseating  detail than things that actually matter on the policy front. Growing deficits, unsustainable household debt, eye-popping unfunded pension and healthcare liabilities should be front and centre but the mainstream media (feeding junkies on social media) thinks it gets more mileage by pointing out bedroom antics. Who needs steamy soap operas with expensive stars? Politicians literally offer the best “bang” for the buck going for networks and media outlets. It is endless clickbait. We are also to blame for feeding this nonsense.

Perhaps that is what is meant by “moving with the times?” While we’re all told on one hand how we must behave and talk without causing offense in the new world, the thirst for reporting/sharing secrets from the bedroom seems to tell the real story of the sorry state of journalism. Our level of “being out of touch” has never been higher. We’d be well advised to wake up to the warning signs ahead. Sadly it will be too late when reality finally dawns. Watch social justice issues like climate change and identity politics slide to the very bottom as people realize prioritizing such nonsense doesn’t pay the mortgage or feed a family.

In recent times, Australian Deputy Prime Minister Barnaby Joyce has been in the spotlight for getting a staffer pregnant. How he chooses to conduct his private life is his (and her) business alone. Indeed another dysfunctional family is born. The main problem seems more about giving high paying jobs  on the taxpayers’ purse to his lover with the tacit approval of the PM. If the timeline is true then the actions by the Deputy PM were unethical to be sure and no amount of song and dance to defend it will find a comforting ear. Allegations of expense abuse only adds to the growing list of reasons to ditch mainstream parties.

Consenting adults should bear personal responsibility. It is not a question of Joyce’s infidelity but politicians (not limited to himself) taking taxpayers for mugs is an issue. Joyce only recently won back his seat of New England in an expensive by-election. At the time he must have been hoping his lover’s bun could stay in the oven.

If anything the manner in which our political class is handling this scandal only re-enforces the abysmal level of moral authority our government has. Even before Joyce’s issues came to light.

Prior to this fiasco we voted in a near as makes no difference hung parliament with a feral Senate. In recent times we’ve had by-elections over dual citizenship (still it did violate the constitution although PM Turnbull preempting the High Court’s ruling was daft), the Dastyari scandal with respect to leaking secrets to China or Foreign Minister Julie Bishop frittering away multi millions in aid dollars without any due diligence on the back of pop-star Rihanna’s Twitter account.

We are being run by clowns (not limited to Australia mind you) who clearly put their own survival above all else. Despite the polls showing a clear and present danger of the incumbent government being turfed out at the next election there seems to be a level of complacency within the Coalition’s ranks that believes that being less worse than the opposition is somehow virtuous and believing a self created myth that disenchanted voters will somehow reelect them again.

Infidelity doesn’t reflect well for politicians preaching family values. However  it would be fair to say that many voters would turn a blind eye to these indiscretions if those same bureaucrats would exercise the same amount of vigor in putting through sensible policy (that betters their constituents) as they do between the sheets.

Perhaps the media should be doing more biopsies on things that truly matter. That way there will be fewer autopsies. As it stands delving into the privacy of others seems far more important to ratings.

If everything is so great then why is our political scene so broken?

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Queensland’s state election said it all. Both the incumbent parties lost massively even though the incumbent Labor Party looks like holding on to power. While Pauline Hanson’s One Nation party looks like it fared poorly in terms of seats it still got 13.8% of the vote from 1% in 2015. Forget the headline results but think of what the political turmoil In local, state and federal levels is telling us more broadly.

Think logically about it all. If the economy is booming, jobs are abundant and prosperity is on the march then there is little need for governments to be running deep deficits let alone facing hung parliaments and acts of desperation. Surely the incumbent governments of the day can laud their own achievements and their constituents would happily keep returning the status quo. The majority should continue to be happy. More by rights should be winners in such a world of record housing prices, steady wage growth, low unemployment and 25 years of economic growth as experienced in Australia.

Yet PM Turnbull turned on many of the traditional supporters of the conservative wing of his Liberal National Party (LNP) coalition who turned their back on him to hand Labor the victory in Queensland. Not so fast Prime Minister. They didn’t leave the party. The party under your incompetent stewardship left them. At all levels the LNP is divided. There are some quarters suggesting that the Nats may split from the Coalition in the next election in Queensland to leave the stench of the Liberal Party to themselves. This is when personal ambition trumps wish to serve a nation.

While the LNP was handed the most valuable and recent lesson of the disaster that was the Rudd-Gillard-Rudd internal factional knifing during their time in power, it completely buried its judgement and started following a left leaning press, weak poll numbers and copied Labor’s folly. Now we have a hung parliament (not withstanding the dual citizenship fiasco) with chronically weak and misguided leadership. One that tells voters that they have no clue rather than introspection that the party may indeed be the problem.

It used to be said that Australia enjoyed the most stable politics in the Asia Pacific region. That encouraged foreign investment and gave Australia low interest rates, a superior credit rating and a regulatory platform that ensured trust (important for corporations), the envy of many nations. Yet inside a decade we have had 5 (soon to be 6) prime ministers which has thrown that ‘reputation’ in the toilet. In a world where international capital is more mobile than ever and asset prices are peaking, instability in government eventually carries severe financial market penalties.

For Aussie banks, levered up to the gills with inflated mortgage books on their balance sheets, such things have negative implications for the 40% reliance on global wholesale credit markets to fund themselves in the face of a tightening US interest rate cycle. Do not underestimate the negative connotations of a federal government that has lost its way, no matter which major party is in power. Where the average Aussie can’t bear anymore on the mortgage, a third admitting they can’t pay the home loan if they lose their job for 3 months or more. Almost 1,000,000 Aussie households would be in severe mortgage stress if rates moved 150bps(1.5%). Think of the spill-over effects on consumption which would only lead to a recession and lay offs, exacerbating a cycle, all the while bashing the currency making international funding even more biting. If only we had a stable government that had a decent fiscal position to weather that storm. Oh, that is right we squandered that in 2008.

One Nation in Australia, AfD in Germany, Party for Freedom in The Netherlands, Front National in France, 5 -Star Movement in Italy, Fidesz in Hungary, FPO in Austria, the Sweden Democrats, Vlaams Belang in Belgium,  Progress Party in Norway, Trump, Brexit…these patterns aren’t random. It isn’t just populism but protest votes to establishment parties that aren’t delivering. While we are constantly told how great our lot is, sadly the gap between haves and have nots is widening globally. Politicians who are ditching political correctness and making waves on publicly uncomfortable issues are thriving. Why could that be?

Donkey (informal) votes in Australia have seen numbers soar from 2.2% in the 1950s to over 5.0% in the 2016 election. Some electorates in NSW saw as high as 14% informal votes. These are powerful messages in a country that has compulsory voting, which has slid to 90.9%.

The sad reality is that the electorate is making louder noises every election that things are not pointing in the right direction yet the muppets are still being returned to their box seats on a dwindling majority. Why? Because not enough voters are heeding the warning signs that are sounding in front of them. Of course politicians still continue to sell comforting lies backed by ever more unaffordable promises to keep themselves in power for as long as possible when we all need to be facing the unpleasant truths that will happen whether we like it or not.

Indeed those deplorables who voted One Nation might have spurned the LNP but not without good reason. In time, they will be viewed as the wiser ones. Not because they necessarily believe in Pauline Hanson’s platform but because they believe in Turnbull and Shorten’s even less. It all rings like a Premier League football coach making a litany of excuses for his team’s woeful performance that ignores the fact that the collection of individuals have absolutely no cohesion as a team. All the fans can do is bury their heads in their hands until the point they can’t bear to watch another game until the coach is sacked.

Liberal Party of Australia – find a cure

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Margaret Thatcher once said, “such are our achievements that my employees have asked me to stay – twice!

The current crop of the once conservative Liberal Party of Australia (called the Turnbull Coalition) can not attest to that. How Michaelia Cash hasn’t resigned for misleading parliament over the recent AWU scandal is beyond me. Then we have Christopher Pyne saying if the boundaries in his constituency are changed then the other member must make way for him. If a $50bn submarine deal to buy his seat at the last election only just saw Pyne scrape home, what on God’s earth does he think he has done to earn his employees’ faith?

The Turnbull Coalition is a dud in every sense of the word and without question we know that Turnbull will decide to leave the ‘political stage’ in the face of defeat to (in his eyes) an inferior opponent. Such is the fragility of the ego PM’s that he’ll actually view his legacy as paved with countless successes. I am struggling to think of one.  Indeed were his employees happy with him they’d ask him to stay at the next election. Turnbull loves the limelight of being PM. Why would he give that up? Surely if he believes his own BS then he’d be the first to contest again in confidence that he would beat Shorten to The Lodge hands down.

Then we have Foreign Minister Julie Bishop who jets around the world cutting cheques to nearly anyone and pushed hard for the purchase of a seat at the UN on the Human Rights Council. Let us not forget that other parts of the UN thought Mugabe a worthy ambassador.

As a life long Liberal voter, there is no conscionable way for me to help elect these clowns until there has been a proper bleaching of all the stains within. There is hardly any whiff of sensibility within their ministerial ranks. Since Turnbull arrived he has divided a party, destroyed its foundations all the while his ministers have to resort to cheap shots and raids to expose the opposition as fraudsters rather than look within. Are their memories that short? It was only 10 years ago they were trying to smear Kevin Rudd for going to a strip club in New York! Who cares? Try running the country instead of trying to force your set of moral values!

It makes my blood boil to see the incompetence get shown on a daily basis. I will happily vote Liberal Party of Australia again once they come back to me. At present they are so far removed from the principles they once held that ‘Liberal’ is actually more aptly described as the derogatory term we give to the ‘left’ in America.

They need a proper drubbing at the next election to remind them how badly they have stuffed up. So caught in their own echo chamber, so on top of the electorate do they believe they really are they will find out that there is no way the ‘achievements of the government could in any way lead to the employees asking them to stay twice.