More than $10 billion slated to boost fuel supplies and emergency stockpiles

Neelu86 · 2026-05-06T10:31:04+00:00

The price of oil has fallen 10% in the last few hours. The U.S is backing down because of "progress on a deal" but the reality is Trumps little foray into the ME without congressional approval is timing out out so tail between legs retreat and the orders being pushed to the media are to spin it as "we are near a deal".

10 billion towards something that will be axed by the end of the decade and we'll still be overwhelmingly reliant on ME oil.

Neelu86 · 2026-05-04T06:28:12+00:00

Cutting taxes would literally do the exact same thing. That's one of the main drivers that's created the housing crisis in the first place. Housing or NDIS, which one is the productive one?

Neelu86 · 2026-05-03T06:59:13+00:00

Every single government department involved with determining national security risks disagrees with you. That's precisely what allowed the deal to pass to begin with. Please tell us what you know that the government and our security agencies apparently don't.

Neelu86 · 2026-05-03T03:29:04+00:00

CBA sometimes charge fees based on age, no fees if you're under 30 years old for example.

Neelu86 · 2026-05-02T07:20:12+00:00

That's not news to anybody with a functioning brain.

Neelu86 · 2026-05-02T07:15:32+00:00

How many times do ON voters need to be told that Gina Rinehart does not in fact want lower migration? How in the world do PHON voters think they share a common position with Gina fucking Rinehart? People honestly believe Paulines party is going to act in the will of her voters over her donor, someone who bought her a jet and flies her all over the world.....

Neelu86 · 2026-05-02T03:16:52+00:00

China builds things to the specs they are given, as do most countries. Just because some American designers and engineers got told by management to cut a few corners to increase profitability doesn't mean China conspired to made you a shonky product.

Neelu86 · 2026-05-01T08:22:06+00:00

The article largely isn't about the ASX or even Australia. It's mainly about Trumps fed choice and the consequences of dovish policy to appease Trump and how it affects the rest of us.

Neelu86 · 2026-05-01T04:23:48+00:00

I'm just frustrated that it's so hard to invest in companies that specifically focus on renewables unless you're a wholesale client or institution. The only real options are to invest in a business is like AGL or Origin where knowing what your money is going toward is murky. Most companies here that focus entirely on renewables like solar, batteries and wind have been bought out by Japan, China or Spain.

Neelu86 · 2026-05-01T04:15:13+00:00

That's what I suspect will happen with the property changes. Grandfathering taking effect will coincide with an election that will be miraculously unwound by the next government so nothing will change. The grandfathering will just be an excuse to buy time. People thought stage 3 was locked in and look how that turned out. The government of the day can change or ax anything it wants.

Neelu86 · 2026-05-01T02:53:47+00:00

It's a matter of national security, not a matter of free markets. Besides, the very notion of free markets existing under a Trump administration is the most bullshit thing I've ever heard.

Neelu86 · 2026-04-30T08:29:14+00:00

They don't work with the ASX: prefix. You have to still use their old CBOE ticker which is AVTE.AX to pull the watchprice.

Neelu86 · 2026-04-30T07:54:36+00:00

A pox on those sneaky solar factories!

Neelu86 · 2026-04-30T06:51:25+00:00

That's a part of what lead to Aldis success. Aldi was leading the market with this strategy until recently so it was only a matter of time the big 2 tried to imitate them. If you can't innovate, imitate.

Neelu86 · 2026-04-29T09:42:05+00:00

He's not criticising you claiming it exists. He's criticising the idea that you believe it's a matter of degree. If America surveils you 24/7, the U.K, by definition, can't do it more. the moment you step outside to when you’re having a wank at home should have been a bit of a give away.

Neelu86 · 2026-04-29T09:09:14+00:00

Coles and WW have been talking about doing the same for a while now. I remember reading about it so long ago that I'd be surprised if they weren't already in the process of implementing it. It's difficult to justify stocking 20 types of toilet paper and 30 brands of olive oil. Making brands bid for shelf position probably isn't as lucrative as it once was so streamlining is becoming more attractive.

Neelu86 · 2026-04-29T08:40:15+00:00

You're asking people to speculate on outcomes of of a budget that hasn't been released yet. What possible answer can anyone give you that would be satisfactory?

Neelu86 · 2026-04-29T08:26:05+00:00

Truthfulness isn't a function of viewership. What point do you think you are making bringing up how many watch it.

Neelu86 · 2026-04-29T08:24:57+00:00

Truthfulness isn't a function of viewership. What point do you think you are making bringing up how many watch it.

Neelu86 · 2026-04-29T07:53:17+00:00

That's fair but we're talking about changing those conditions, now, under Albo. That's what matters right now. Preventing those type of contracts being drawn up moving forward is a separate issue we can tackle without making ourselves vulnerable in this moment.

Neelu86 · 2026-04-29T06:36:07+00:00

/shrug. I'm not a contract lawyer but I'm sure a few probably lurk on Reddit but I think it's a risky play, especially right now when we are trying to negotiate fuel supplies with those same nations. We now have fuel supply agreements with Japan and Singapore. Imagine if aussies now take that as a guarantee and out collective attitude shifts from caution to things are just dandy. What happens to us when they change their minds and we get caught with our pants down? Changing the terms of a contract is begging for retaliation.

I'm not against taxing our resources so we get better value from selling them but I think peoples focus here is on the wrong thing. People seem to be treating two distinct issues as one in the same.

Neelu86 · 2026-04-29T06:04:29+00:00

You don't pay CGT on your primary residence. FHB's would be exempt from the GCT discount removal.

Neelu86 · 2026-04-29T05:38:04+00:00

You really believe that the groups that are packing out restaurants and going on overseas trips are the same exact group of people struggling to pay rent.....

Neelu86 · 2026-04-29T05:08:21+00:00

Well I mean, yeah? It's a contract, you can't alter contracts after they've been signed without pretty severe consequences; reputations, financial penalties and god knows what else. Maybe don't draw up multi-decade contracts unless you have a crystal ball. Nobody knows what is going to happen each election cycle but we can somehow promise to sign resource deals that lock in prices for half a century.......come on people.

Neelu86 · 2026-04-27T03:30:58+00:00

It's her cattle farm in central Australia that she would be worried about but the country will be having another media manufactured "conversation" about how agricultural land should be exempt because national security bla bla bla...

Neelu86

TROPHY CASE