Chapter Two of the Green Paper on the relevance of high petrol prices:
The inclusion of transport emissions in the scheme would imply that consumers would see the carbon price signalled through changes in fuel costs. Such changes would be minor compared to petrol price rises over recent years as a result of increasing global oil […]
The reaction in the left-wing blogosphere to the Rudd Government ETS Green Paper’s cent-for-cent reduction in the fuel excise to compensate for tax increases in the ETS seems to have been universally hostile –Larvartus Prodeo variously describes it as “highly problematic” and “ALL Wrong” and An Onymous Lefty describes it as “Absolutely pissweak”, which was […]
Brendan Nelson made a populist pitch to voters in the budget reply to cut the Fuel Excise at a cost of over $2 billion and this is what he got for his efforts:
THINKING NOW ABOUT PETROL PRICES. RECENTLY, BOTH THE (FEDERAL LABOR PARTY) AND (FEDERAL COALITION) HAVE ANNOUNCED POLICIES AIMED AT LOWERING PETROL PRICES. WHICH […]
Former State Secretary, now Senator Elect Mark Arbib has a frank, Op-Ed in the Oz today about Nelson’s fuel excise stunt. It’s politically sharp as well as taking a big picture policy perspective:
Interestingly, this populism reflects an international trend in the way conservative political parties have raised the white flag on sound economic management.
Mr Nelson has […]
I enjoyed Greg Sheridan’s article on the Indonesian Finance Minister, Sri Mulyani Indrawati in The Oz today. It was a neat reminder of how far Indonesia has come and how close our relationship with our neighbours has become in practice.
Indonesia these days is doing a bit better than we commonly realise in Australia. Economic growth […]
Brendan Nelson is at it again:
“The Prime Minister has misled the Australian people,” the Opposition Leader said.
“He has falsely led Australians to believe, as he ran around Australia as a cross between Crusader Rabbit and some South Park character … that he would relieve the pressure on Australian families.”
What does this even mean? How many […]
The Australian’s Legal Affairs Editor, Chris Merritt thinks the PMC’s efforts to track down the source of the Ferguson Fuel Watch Leak is a reversion to the Howard days of closed government:
THE federal Government fell into line with the Howard government’s approach to leaks yesterday by making the resources of the commonwealth available to find […]
There’s way too much in the Fuel Leak Fiasco for just one post so here are some further highlights of the debacle:
Nick Minchin:
“I’m not going to go into which individuals said what on the subject. I can assure you that I personally as Australia’s longest serving finance minister strongly support this policy. I think it […]
Treachery, though at first sufficiently cautious, yet in the end betrays itself (Titus).
I would love to be at the National Press Club today to see Malcolm Turnbull try to talk his way out of the Fuel Leak. The Libs have neatly ensured that in his first major speech after the Federal Budget, the Shadow Treasurer […]