“True colours” says the man found liable of sexual abuse
#auspol
Posts by Patrick Gilligan-O'Loughlin
All under control
#auspol
The institutional inertia in this country is staggering. We have underinvested in renewables and built less than a third of recommended fuel reserves. We have failed both energy security and transition #auspol
The criticism of Trump as ignorant doesn’t cut it. He has the cognition of a toddler #auspol
The reason we have high energy prices is specifically because we have not invested enough and not invested quickly enough in renewables, ageing coal plants, and the selling off of gas is the reason why we have high power prices, and those two things are fossil fuels #auspol
The reason we’re experiencing any potential shock whether it be price shocks and potential supply shocks for oil it’s because we haven’t taken seriously enough our renewable potential and stayed reliant on fossil fuels #auspol
Matt Canavan blaming Labor for oil shocks is ridiculous. He spent years blocking EVs, renewables, and energy diversification on behalf of the fossil fuel industry. If he’d succeeded less, Australia would be far less exposed to global oil price shocks today #auspol
Joyce should know One Nation is a grievance party. So why is he trying to pose as a moderating force against Pauline Hanson?
Joyce was Deputy PM for two terms and achieved nothing. Hanson’s been in politics for ~30 years and achieved nothing they are more arguing over grievance #auspol
Barnaby Joyce served two terms as Deputy Prime Minister the second most powerful office in the country and did nothing to strengthen Australia’s fuel security. Now he “regrets” it
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Underestimating the impact of a war around the Strait of Hormuz the most critical oil chokepoint on Earth is breathtaking ignorance.
Trump is a profoundly ignorant man pretending to understand global strategy, and everyone else would be stuck paying the price for his stupidity #auspol
Trump says a war with Iran will end when he “feels it in his bones.”
This is the same guy who keeps bragging about passing the Montreal Cognitive Assessment the basic cognitive screening where you draw a clock.
War strategy by vibes from a man proud he passed the dementia test #auspol
If oil hits $200, direct inflation could jump ~4%, and once spillovers hit transport, food, and tradeables the surge could reach ~8%. A shock that large could trigger a housing correction, yet even then Australian homes would still sit far beyond what incomes can support #auspol
This chart compares today’s inflation path with the 1970s oil shock era. The warning is a second inflation wave driven by energy shocks. If stagflation returns and housing only falls ~20%, Australia would still be stuck with prices far beyond incomes #auspol
MacroBusiness argues a $200 oil shock could trigger stagflation and push Sydney and Melbourne house prices down about 20%. Even after a fall that size, homes would still sit around 10–11× incomes. That is how far Australia’s housing market has detached from affordability #auspol
Labor screamed integrity in 2022. Now we have record secrecy, a corruption watchdog with nothing to show, and housing outcomes worse than the Coalition. The moral superiority was just campaign marketing. Australia might genuinely have been better off under Peter Dutton #auspol
If the NACC cannot land Robodebt, then Albo’s real fraud was overselling accountability he never meant to deliver. Labor built the integrity branding, failed the test, and now hides behind process while victims get nothing. Worse than a Liberal because he pretended to be better #auspol
Clare O’Neil admitted in 2023 that uncapped temporary migration was driving huge problems. Since then Labor has let the temporary population blow out even further. They diagnosed the disease, gave a speech, and then kept feeding it #auspol
This is not skilled migration. It is a extreme temporary intake that does not fill core shortages, adds housing pressure, and funnels people into capped hours, underemployment, or grey market work. Labor is protecting a broken volume model, not Australians #auspol
Thomas Duke to CBA and Kieran Ingrey to GRACosway in back to back moves tells you exactly what Labor is. Not a party of humble bureaucrats or union saints, but another insider machine feeding banks and lobbyists just like the Coalition #auspol
Labor loves pretending its machine is just earnest bureaucrats keeping the country running. Spare me. Marles’ former adviser is now in lobbying, O’Neil’s former policy chief landed at CBA, and another Marles staffer went to Thales. This is a revolving door, not a civic monastery #auspol
Glad Mike Burgess is “comfortable” clearing visas for non-citizen Iranian athletes, while Australian children are left to rot in foreign ISIS detention camps. Security when it’s politically convenient, indifference when it’s inconvenient. That’s not principle. That’s selective morality #auspol
If the West says Iran is a terror state and existential threat, then suddenly fast tracking visas for Iranian athletes while Australian children rot in ISIS camps exposes the hypocrisy. Security panic when convenient, humanitarianism when it looks good. That’s not principle. That’s politics #auspol
Australians are poorer than they were a decade ago. Real wages stuck at 2013 levels. Housing crisis exploding. Labor’s response is more defence spending to satisfy the US. At this point Albo is just Dutton with better PR #auspol
If oil prices surge due to a Strait of Hormuz disruption the RBA may not be hiking rates at all. Instead Australia could face emergency rate cuts as an oil shock crashes economic growth and employment #auspol
If the Strait of Hormuz remains dangerous for shipping companies many tankers simply will not enter. Insurance and security risk alone can halt energy flows without any formal blockade #auspol
Oil markets are behaving similarly to early COVID reactions when markets initially underestimated the scale of disruption before global systems suddenly shut down #auspol
The risk scenario discussed is not just higher petrol prices. It is the combination of supply shock, hoarding behaviour and governments restricting exports to protect their own economies #auspol
Australia is highly exposed to fuel shocks because national fuel reserves are extremely small. A major global disruption could deplete domestic supply quickly if panic buying begins #auspol
When oil supply collapses countries stop exporting and keep fuel for themselves. That turns an energy shortage into a geopolitical crisis because global oil trade itself begins to break down #auspol
In an extreme supply shock oil might not just reach $150 per barrel. The price required to rebalance demand could be far higher depending on how quickly economies must shut down consumption #auspol