Abbott Govt faces multiple challenges and the boss is away in the Torres Strait

Under constantly evolving attacks – from a clever mostly taxpayer funded GreenLeft coalition – that they show few signs of understanding – unable to recognize and deal with enemies – always putting out a fractured message. The great progress made at the Trade Union Royal Commission seldom publicised. Earlier this month I wrote – Lame-duck incompetent Australian Commonwealth Government – Michael Smith has three good articles today – ACTU deploys $30M multi-tiered campaign to oust the Abbott Government – first target, Canning WA – and – The Australian on Fairfax/Labor’s attempt to smear Andrew Hastie and the SASR – also – Martin Ferguson – Bill Shorten’s caucus “waits on the phone call from their union heavy to tell them what to do”. Last October I posted – Australian Commonwealth Government has lost their way – lost the plot – various articles critical of the Feds. Australians deserve better.

Detailed Green plans to stop Australian coal exports

A must read 17 page pdf download only 3.6MB – Stopping the Australian Coal Export Boom – Nov 2011 – sets out exactly how the Greens organise and the $6million they wanted to raise. Makes much more sense of many news reports over the years. When will our Govts cease funding EDO’s and any other NGO’s & green orgs like WWF working against our national interest? Federal Court overturns approval of Adani Carmichael coal mine in Queensland

Great opportunity to save some money – Australia should take UN advice and not attend Paris climate talks

Gotta love this – UN climate expert warns Australia’s emissions target should not be final offer – Australia should not attend global talks in Paris refusing to budge on its greenhouse gas emission pledge, the UN’s scientific body on climate change has said, ahead of expected international pressure on the Abbott government to do better.
Easy – stay home – the multitude of people on the public purse could work at something constructive for Australia instead.

Twin Chinese devaluations – we live in interesting times

CNY vs USD and AUD vs USD – What are the likely effects of this? Bloomberg has a lot of articles here.
Chinese exports will be cheaper –
But China still has to buy raw materials mostly priced in US$.
Is there a move already I wonder for China to pay for its imports in other currencies or barter?
Will not help China build their oil stockpile. WTI crude price (bottom right at Kitco) has been little affected at around $43.xx over the days of the Yuan moves. With Iran poised to enter the oil market more openly – IMHO that has to be bearish for oil.
Coal imports will be more expensive.
Can we assume the PBOC will fiddle more with the exchange rate to achieve their aims – IMHO that is the signal.
Will not help the US “recovery”.
Could it be the start of competitive devaluations?
I see gold had a positive night in the face of gold becoming more expensive in Yuan.

Snowing in Canberra for half an hour now

You heard it first here.
Snow falls in heart of Canberra’s CBD
Snowfall returns to Orange, Millthorpe and Blayney in NSW central tablelands
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Repetitive media year after year from WaterCorp about low runoff into Perth dams – the propaganda never ceases

Rainfall data show that while rainfall has not decreased that much in 40 years –

runoff is drastically declining due to failure to manage catchment scrub.
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Link to graphic of monthly Perth dams runoff for a decade or so since 2000.
2015 media – 2014 media – 2013 media – 2011 media – blah blah

Lame-duck incompetent Australian Commonwealth Government

I wonder what readers think. On the very day the TURC was exposing corrupt CFMEU officials in Canberra – the Choppergate story broke leading to weeks of free kicks for Labor. Now the Federal Court blocks the Adani coal mine in Queensland on grounds the Federal Environment Minister did not adequately consider the effect of the project on a skink and a snake. I read somewhere where this could be rectified in a couple of months. We will see. The Prime Minister has commented on the court decision saying it is “bad for the country” – however it seems clear the Senate is unlikely to pass any laws making environmental legislation less able to be exploited by Green zealots. Wait for climate to be brought into this.

Rare sight on USGS web page as Australia stars in global earthquake stakes

This is the rare sight preserved. USGS map below has seafloor details with no shortage of large scale structures and volcanic seamounts out there off Fraser Island – any of which could be locii for earthquakes.

USGS www page global map – zoom in to SE Qld.
ABC News – Queensland earthquakes: Two quakes hit state on same day, days after a third strikes region; seismologists warn more may follow

Primarily exposing faulty methodologies behind global temperature trend compilations