Australian Policies -- from December 2023

Bill nevers answers anything levelled at him. Comprehension issue I think.

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ah yeah, I forgot you are the only Adult here and we cannt think for ourselves.

The arbitrator of boring as well; don’t read your own post then.

Well said.

Covid did happen but I’m pretty sure materials haven’t gone up three fold. Maybe two?

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Feel like tradies will disagree.

Also…random rant…feel like groceries are just taking the absolute?
Box of cereal? Ten bucks.
Can of milo? Ten bucks.
6 apricots? Ten bucks.
Bag of grapes? Ten bucks.

Just whack ten bucks on it, they won’t know…

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Supermarket profit margins have gone up exactly the inflation amount.

It’s insanity. Local Coles or Woolies now doing Bellevue Hill deli prices on pleb feed. Doing pretty well out of it, like banks. Let the market decide.

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I am a tradie. But I get what your saying regarding groceries.

I mean…they absolutely have not.

Transport costs have risen significantly which would add some cost

Coles’ profit increased by 17.1 per cent, and Woolworths’ profit rose by 14 per cent

Dutton breaks everything he touches:

(LinkedIn did include the PM as the fifth and final political follow option.)

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How much did the adults in the room superior money managers cost us with their heroic diplomatic derring do?

Don Farrell expects China to lift all $20bn in trade sanctions by next year

Sarah Basford Canales

Sarah Basford Canales

Don Farrell said he expects China will lift all of the $20bn in trade sanctions the Albanese government came into by next year, with lobster and wine next on the list.

Beijing slapped trade sanctions on $20bn worth of Australian products at the height of a diplomatic feud in 2020, including tariffs of between 107% and 212% on Australian wine.

Australian wine exports to China were valued at more than $1bn before the tariffs were put in place but that figure has plunged to a little more than $10m.

In October, Australia agreed to suspend its World Trade Organization dispute with China over its wine sanctions while Beijing undertakes an “expedited review” of duties, which is expected to take five months. Australia will resume the WTO dispute if the sanctions are not removed by the review’s end.

Trade minister Don Farrell speaking|465x279.21014790468365

Trade minister Don Farrell is ‘confident’ a ‘favourable result’ from China will come early next year regarding trade sanctions. Photograph: Mike Bowers/The Guardian

The trade minister told Sky News he was “very confident” there would be a “favourable result” from the Chinese authorities early next year allowing Australian wine back into the country.

Farrell on Tuesday announced China had lifted suspensions on three Australian meat exporters but others still remain suspended.

Lobsters were now the last major product on his list, Farrell said:

We started, when we came to office, with something like $20bn worth of trade impediments with China. Bit by bit, we’ve whittled that down and really the major product now that has not been let back into China is lobster, and I’ve raised this issue now five times with my Chinese counterpart, and I’m hoping that sometime in the near future that final product will be allowed back in and that that $20bn worth of trade will be resumed.

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I’m hoping things last trade wise with China but I’m worried that once AUKUS kicks in and the planned large deployment of US troops to Australia eventuates that China might spit the dummy and block us again.

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It’s probably inevitable at some point. The world and China are likely (>50%) heading towards a confrontation in the next decade which will obviously impact the relationship China has with the world, let alone Australia.

I hope not and I see a lot of it as just chest pumping but I can see Winnie the Pooh being too happy if 30-40k US troops are based here and we are building subs and a state of the art drone facility with the main purpose of targeting China

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True. Whilst a floundering Chinese economy isn’t good for us (directly) and has direct impacts on financial markets etc, it does likely delay any conflict and also puts Xi in an increasingly unpopular position with the Chinese people. It also likely means Chinas priority is on addressing domestic economic challenges, putting Taiwan on the back burner (hopefully).

He has a lot more of his followers here than that. Admittedly they are not armed but they can help China do what it needs done - which is mostly make money and expedite their view of the world re Tibet, Taiwan etc.

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Never inevitable and it will not be China who starts any conflict.

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