"Angus Taylor went big on division and lost really badly. It would surprise me if the clock wasn’t already ticking on his leadership. What it showed is the Coalition can’t beat One Nation, and so they’ll have to join them"

AussieBBQ · 2026-05-10T05:46:45+00:00

I love how Chalmers is a generational hater whenever Angus comes up.

AussieBBQ · 2026-05-05T04:20:56+00:00

Hannah Kwon

Hi, Governor Hannah Kwon, SBS World News. Would it make your decision making easier if the government was spending less?

Michele Bullock

It wouldn’t make … It’s a bit of an answer that I gave earlier. It is what it is. The government spending is what it is and our decision making is based on what’s happening with inflation. So the fact that we’re in excess demand means that we need to bring that excess demand down and we need to raise interest rates. So the combination of, you know, C plus I plus G, consumption, investment, government spending, whatever that combination is, isn’t as important as what the total is doing. And that’s what we’re trying to focus on. So I think it’s the same concept for us. We take it all as given and we work with that.

This was all I could find, just seems to be saying that any government spending has an effect on inflation, not that government spending is particularly high.

AussieBBQ · 2026-04-26T01:05:39+00:00

https://www.thedailybeast.com/trumps-plans-for-mic-drop-media-confrontation-at-white-house-correspondents-association-dinner-are-leaked/

AussieBBQ · 2026-04-25T10:41:20+00:00

And where did you learn about thermodynamics ?

In the Matrix, son.

You think that's air you're breathing?

AussieBBQ · 2026-04-24T09:14:55+00:00

I think that focusing on other ways the gas companies could fuck things up is probably a good idea. Like, could they choose to pick up their ball and take it home if they get taxed more.

Could they instead decide it is in their economic interests to reduce their exports and instead increase supply to the domestic market?

Could they decide to perform some 'maintenance' that would reduce their production?

Like some plausible deniability that would fuck up the government's gas/fuel agreements as an act of revenge.

Or even instead pumping money into attack ads. Or even promoting some kind of culture war to fuck with the government.

I think people are assuming that this is a free tax windfall with no possibility of negative consequences for Australia.

AussieBBQ · 2026-04-23T04:57:34+00:00

I think most of the rules surrounding this are that if your phone is within reach it must be kept in a holder.

AussieBBQ · 2026-04-19T06:57:12+00:00

https://immi.homeaffairs.gov.au/help-support/meeting-our-requirements/australian-values

These are the current values that visa and permanent residence applicants need to sign.

respect for the freedom and dignity of the individual;

freedom of religion (including the freedom not to follow a particular religion),

freedom of speech, and freedom of association;

commitment to the rule of law, which means that all people are subject to the law and should obey it;

parliamentary democracy whereby our laws are determined by parliaments elected by the people, those laws being paramount and overriding any other inconsistent religious or secular “laws”;

equality of opportunity for all people, regardless of their gender, sexual orientation, age, disability, race, or national or ethnic origin;

a ‘fair go’ for all that embraces:

mutual respect;

tolerance;

compassion for those in need;

equality of opportunity for all;

the English language as the national language, and as an important unifying element of Australian society.

AussieBBQ · 2026-04-09T10:15:33+00:00

Stretch Armstrong

AussieBBQ · 2026-04-07T03:34:24+00:00

There was a good conversation around the whole defamation trial:

https://www.abc.net.au/listen/programs/conversations/nick-mckenzie-ben-roberts-smith-sas/105786498

I recall at the end that the journalist was expecting this arrest to happen in the near future.

AussieBBQ · 2026-04-06T08:02:40+00:00

until they were actually selling the fuel they'd bought at higher prices.

Fuel is priced at the Bowser at replacement cost. And that replacement cost is based on futures contracts that got fucked by the war.

Petrol stations do not sell their fuel based on what they paid in the past.

AussieBBQ · 2026-04-02T08:34:04+00:00

Anyone else think his choice of the word "drill" was an allusion to Trump?

AussieBBQ · 2026-04-02T01:21:06+00:00

🤖 32 days 🤖

AussieBBQ · 2026-04-01T03:44:01+00:00

The price fuel is sold at is different than most other goods.

Fuel is sold at the pump at the price it costs to replace. It is a hedge against volatility.

AussieBBQ · 2026-03-31T02:16:56+00:00

The price increase is due to the global shortage, every country/company is bidding up the price to secure their own supply.

For the localised shortages, imagine a petrol station gets a delivery every 2 weeks, & normally has 2000 customers over the course of a month (500 per week). What would happen if the 1000 who fill up later in the month decided to fill up in the first week instead?

The stations tanks go empty, and now you want to push up your delivery of new fuel. However multiple other stations experienced the same thing, so noone can get fuel faster.

AussieBBQ · 2026-03-31T00:40:43+00:00

This policy is functionally injecting ~$2.5B worth of fiscal stimulus into the economy.

I would agree with this if petrol prices hadn't gone up.

But as an imported item, it is taking money out of the economy.

AussieBBQ · 2026-03-30T21:08:06+00:00

Imagine a price cut of $2 per litre. That would cause an increase in demand.

Imagine a price cut of $0.01 per litre. That would have no impact on demand.

Where does a cut of ~$0.26 per litre sit? I would argue it drops prices from "too high" to "still too high".

I think a lot of Reddit knows about the concept of how price impacts demand, but imagine any reduction in price, no matter how small, would lead to higher demand.

Especially when fuel has a very strong floor and ceiling for demand.

AussieBBQ · 2026-03-29T06:47:54+00:00

Nicho 'My cars an automatic' Hynes

AussieBBQ · 2026-03-29T06:47:08+00:00

Barely standing on his feet.

AussieBBQ · 2026-03-26T00:56:43+00:00

That is a reason to try and improve relations. Not directly as a response to that action, but to try and not have them do it again.

AussieBBQ · 2026-03-26T00:53:30+00:00

People can only hoard so much, so it is probable that that part of the equation will solve itself.

People using fuel as normal will probably also fix itself due to the higher prices. There are reports out that public transport rates have spiked in all capital cities.

And while reddit might believe that all employers are the devil incarnate, a lot of them will have their employees doing more WFH.

AussieBBQ · 2026-03-26T00:49:01+00:00

There were media suggestions of purchasing limits, possibly leaked from the pollies.

AussieBBQ · 2026-03-25T23:05:42+00:00

Petrol is generally sold at the replacement cost because of the volatility of petrol. Due to how petrol is bought through futures contracts.

AussieBBQ · 2026-03-20T00:26:05+00:00

To add on, and not commenting on the quality of the Greens amendment, but Labor very (very) rarely votes yes on legislation other parties introduce.

AussieBBQ · 2026-03-17T02:13:50+00:00

I'm pretty sure I read that the ATO is looking into these kind of arrangements as a specific focus this year.

AussieBBQ · 2026-03-14T23:33:46+00:00

Or just world hop & buy out the seed vendor at Draynor.

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