Joe Hockey

Steve Joyce could learn a thing or two from Tony Abbott


Steve Joyce is addicted to subsidies and corporate welfare. He just loves hurling the lolly about.

He would do well to learn from Tony Abbott who has just gassed the wind farm subsidies in Australia.

Australia has slammed the door shut on any new government-funded investment in renewable energy schemes as Prime Minister Tony Abbott extends his ?war on wind power?.

In doing so Mr Abbott has sent a clear message to the mendicant green renewable energy sector that there will be no more cheap state-supplied financing for its projects.

Fairfax Media reports Mr Abbott?s conservative coalition government has ordered the taxpayer-funded $10 billion Clean Energy Finance Corporation (CEFC) to immediately cease?any new investments in wind power projects. Treasurer Joe Hockey and Finance Minister Mathias Cormann issued the so-called green bank with a directive to change its investment strategy.

The funding ban?is just the latest salvo in the government?s attacks on the renewable energy sector which also includes small-scale solar projects.


Mr Hockey started the Abbott government?s campaign against wind farms?in 2014 when he told Sydney radio host?Alan Jones he found the massive?turbines ?utterly offensive?. Prime Minister Abbott reignited the debate last month, telling Jones he finds turbines ?visually awful?. He said he wanted to reduce the growth rate of the sector as much as?possible.

Joe Hockey has come good big time, clearly following the lead of his boss.

The decision will please anti-wind government members but wind industry insiders, who declined to comment on the record, told Fairfax Media?the decision is a ?big blow?. One said that while it will not sink the industry altogether, it will make things harder.

Head of Australia at Bloomberg New Energy Finance Kobad Bhavnagri? said the decision would have a ?significant? impact on the industry.

As Breitbart London reported last month, the UK-born Mr Abbott (his family moved to Australia from London when he was aged three), who once famously dismissed the argument behind anthropogenic climate change as ?absolute crap?, has never carried his disdain for wind farms lightly.

In June he told a radio interviewer a cycling trip to an island off the Western Australia state capital Perth had rammed home his personal dislike for wind generators. He added that he wants ?fewer? wind farms in Australia and is keen for an inquiry into their health impacts.

?When I?ve been up close to these things, not only are they visually awful, but they make a lot of noise,? Mr Abbott told Sydney broadcaster Alan Jones. ?Up close, they?re ugly, they?re noisy and they may have all sorts of other impacts.

?It?s right and proper that we?re having an inquiry into the health impacts of these things.?

I?wonder what the Libs would want as a trade for Abbott in exchange for Joyce?

We would probably have to give them half the All Black pack as well.


– Breibart

Hockey smashes Fairfax for defamation

Joe Hockey has scored a $200,000 damages award from Fairfax for them suggesting on their front page that he was for sale.

Treasurer Joe Hockey has had a partial victory in his defamation case?against Fairfax Media, with a court finding he was defamed by the words ‘Treasurer for Sale’ on a poster and two tweets and awarding him $200,000 in damages.

However, Federal Court Justice Richard ruled on Tuesday that the Sydney Morning Herald, The Age and The Canberra Times had not defamed him by publishing a series of articles on May 5 last year about the operation of a Liberal Party fundraising body, the North Sydney Forum.

Justice White awarded Mr Hockey $120,000 damages for the Herald poster?and $80,000 for the two tweets from The Age‘s Twitter account.

He said that in the case of the Herald, the defence of qualified privilege would have been defeated because of malice on the part of the publisher. ? Read more »

Joe Hockey’s defamation case against Fairfax gets underway

Joe Hockey is suing Fairfax for a series of articles, one of which said he was a “Treasurer for Sale”.

The Sydney Morning Herald reports:

Treasurer Joe Hockey could not allow “scurrilous and false allegations?about corruption” reported by Fairfax Media to remain unchallenged,?his lawyers have told the opening of a defamation trial.

Mr Hockey says Fairfax Media defamed him in a series of articles in The Sydney Morning?Herald, The Age and The Canberra Times about his relationship with?a Liberal Party fundraising body the North Sydney Forum, published on May 5, 2014.

His barrister, Bruce McClintock, SC, told the Federal Court Mr?Hockey’s case is that Fairfax Media editors were motivated to publish?”extraordinarily serious allegations” that they “knew were false”?because they had to publish a correction to an earlier article about?Mr Hockey.

“It was an act of petty spite,” Mr McClintock said. In that article, published on March 21, 2014, the papers said Mr?Hockey repaid money to Australian Water Holdings, a company that has?been the subject of an investigation by the Independent Commission?Against Corruption.

In fact it was the North Sydney Forum that repaid?the money. The papers ran an apology the following day. Subsequent emails and text messages between Fairfax Media editors and?political reporters show the decision to publish the “Treasurer for Sale”?series of articles was a “calculated plan” written to “exact?revenge”, Mr McClintock said.

In a series of text messages, Herald editor-in-chief Darren Goodsir?told The Age editor-in-chief Andrew Holden that he was angry at being?contacted at 2.15am by Mr Hockey’s staff.

“They have a f—ing hide,” he said. “I feel pissed off they called me?so early.”

Holden replied: “The simplest approach is to dig into NSF? in that?story you can run Hockey’s claim he knew nothing ? beyond that, f—?him.

“Amazing they freeze us out and then think they have the relationship?that allows them to call in the middle of the night.”

Goodsir said: “Are we not better to have a red hot go at the issue?next week, and really go for it ? after the day we’ve had, I ain’t?going to run this ? but am more than keen to develop a North Sydney?Forum plan for next week.”

He instructed Herald state political editor Sean Nicholls to dig into?the North Sydney Forum.

On March 27, Goodsir wrote: “F—ing Brilliant ? given what?Andrew and I endured last week with Hockey, I want to have this nailed?to the cross in more ways than one ? keep digging Sean? I have long?dreamed (well, only since last Friday), of a headline that screams:?Sloppy Joe! I think we are not far off, but perhaps even more serious?than that.”

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What Will Winston Do?


The outcome of this election has always looked most likely to involve Winston Peters having the balance of power. It still looks that way, although Colin Craig may end up sneaking into parliament which would mean John Key could play the mad off against the bad.

If Colin Craig doesn?t make it into parliament Winston could hold all the cards. He can go with Labour and shaft John Key and the Greens. He could go with National and shaft Labour and the Greens. He?d get a vote of thanks from the country for shafting the Greens whatever way he goes. ?? Read more »

Aussies unemployment rate soars, and boy are they jealous of NZ

The Aussie unemployment rate has soared and make a mockery of the attempts of the opposition here to paint New Zealand’s economy as a dog.

Unemployment has jumped to the highest level in more than 10 years, following a surprise fall in jobs growth.

The jobless rate rose to a seasonally adjusted 6.4 per cent from 6 per cent in June, its highest point since August 2002.

The economy lost 300 jobs in July: While 14,500 full-time positions were added, 14,800 part-time jobs disappeared.

The participation rate edged 0.1 per cent higher to 64.8 per cent, which does not explain the jump in the headline unemployment rate.

The Australian dollar plunged more than half a cent from around 93.55 US cents down to 92.96 US cents.

It is the first time since 2007 than Australia’s unemployment rate has been higher than the US, which sits at 6.2 per cent.

“There?s no question, this tells us the labour market is weak,” HSBC chief economist Paul Bloxham said.

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It’s not just our politicians on the bludge

Politicians the world over just cannot help themselves helping themselves to our taxpayer cash, especially when it benefits them directly.

We have seen Paul Foster-Bell, Claudette Hauiti and now David Cunliffe trough it up on travel.

We see the two main parties working out better ways to avail themselves for?more entitlements.

Politicians, wherever they are from, become afflicted with entitleitis…they even use the same justifications.

The ”age of entitlement” is over, according to Treasurer Joe Hockey, but politicians continue to spend tens of thousands of taxpayer dollars on flights to sporting events, study tours, recipe collections and children’s books – such as?Aliens in Underpants Save the World.

Department of Finance records show rising Liberal Party MP Jamie Briggs claimed almost $11,000 in entitlements over two years for travel to and from sporting events. For most of this period, November 2011 to November 2013, Mr Briggs was chairman of the Coalition’s government waste committee, established to highlight the mismanagement of taxpayer money.

His entitlement claims included:

? $2800 last November for him and a family member to travel between Adelaide and Melbourne, where they attended Derby Day in the Emirates marquee.

? $1600 last June to travel between Adelaide and Melbourne, where he attended an AFL game as a guest of BHP.

? $2300 in December 2012 to travel between Adelaide and Sydney, where he attended the Australian Open as a guest of Golf Australia.

Mr Briggs said: ”Each trip was undertaken within the entitlement rules and publicly declared as required. They included meetings with a range of people related to my work as a federal member of Parliament.”

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If welfare and whingeing were a competi?tion Australia would be the undisputed champion

This is how Aussies see our budget:

THE Kiwis may consistently flog Australia in rugby, but if welfare and whingeing were a competi?tion we would be the undisputed champion.

Even after Joe Hockey?s tough budget, Australia?s welfare mountain will still dwarf anything across the Tasman.

The culmination of?almost two decades of mainly populist budgets, the Abbott government will spend $6200 a person on cash welfare next year, over 25 per cent more than New Zealand?s government will on each of its citizens (converting all amounts to Australian dollars).

Education spending, at $2900 a person, is 10 per cent more generous in Australia but health expenditure is torrential by comparison: Australian state and federal governments will lavish more than $4600 a person to keep Australians alive and healthy, almost 50 per cent more than is spent in New Zealand. No methodological quibble could bridge such stark differences.

The relative splurge extends to hiring, too. Australia?s population of 23.5 million is about 5.2 times New Zealand?s, but as of June last year we had 8.4 times as many public servants: 1.89 million across our state, federal and local governments compared with New Zealand?s 226,000.

If the federal government overnight reduced welfare, health and education spending to New Zealand levels it would be rolling in a $40 billion budget surplus next year rather than wallowing in deficit until 2018 or even later.

Australians? hysterical reaction to the Coalition?s first budget must bemuse New Zealanders, especially since Treasurer Bill English said last week that he would cut public spending as a share of gross domestic product by more than twice as much as the Abbott government has announced.

In fact, without a minerals boom to line government coffers and despite a huge repair bill from two devastating earthquakes, New Zealand?s budget will be back in surplus by $NZ400 million ($370m) next financial year, rising to $NZ3.5bn by 2018.

English, now in his sixth year as New Zealand?s Treasurer, commendably chose not to emulate the world?s greatest treasurer Wayne Swan and kept a tight leash on public spending before and after the global financial crisis, preferring to cut income taxes and lift consumption tax. The Key government, facing election again later this year, is now reaping the rewards.

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Abbott to slash $10bn off corporate welfare

The corporate bludgers in Australia are about to get a hair cut…a $10 billion hair cut…as Tony Abbott seeks to shave he corporate welfare budget.

CORPORATE welfare will be slashed in a bid to wean the nation off $10 billion in business aid, as the Abbott government fights off fears it will slap new taxes on ?families without forcing others to shoulder some of the budget ?burden.

Taking a knife to industry assistance, the government will send employers the same message it is sending welfare recipients about the need to curb reliance on benefits.

Joe Hockey told?The Weekend Australian?that his vow to end the ?age of entitlement? meant asking business to give up some of the payments and services Canberra had been giving it for years.

The government approaches Tuesday?s budget in a political fight over a tax hike on petrol and a ?deficit tax? that leaves Tony ?Abbott increasingly exposed to charges of breaching his election promises.

Bill Shorten said the plan to lift fuel excise was not only a breach of faith with voters but also a hit to ?ordinary families.

?We know two things about Tony Abbott?s petrol tax: it?s a broken promise, and it?s going to put more pressure on the cost of living of all Australians who have to fill up their car every week,? the Opposition?Leader said. Read more »

Don’t blame Chinese for house price increases, blame Labour and people like Selwyn Pellett

Our politicians, particularly the more xenophobic of them, like to blame Johnny Foreigner for the rise in house prices.

The same is happening in Australia, with all manner of things like Chinese investors being blamed. The real reason though is somewhat different.

Labour and the Greens claim that restricting foreign investment and applying capital gains taxes will lower prices…and yet the opposite is true in Australia.

Foreign investors are not to blame for rising house prices. The real culprits are the taxing and regulating activities of Australian governments that raise the supply price of new housing.

Despite this, the House of Representatives economics committee is set to inquire into the impact of foreign investment on the Australian housing market at the instigation of Treasurer Joe Hockey.

According to committee chair Kelly O’Dwyer, the inquiry will consider whether the current restrictions on foreign investment in residential real estate serve to increase supply, as is their stated intention, or raise prices.

This is rather like asking whether foreign tourists increase the production of goods and services or raise consumer prices. The answer depends on how flexibly Australian producers can accommodate changes in foreign as well as local demand through increased output.

Australians don’t like bludging car making ratbags

The latest polls in Australia deliver bad news for the unions and for Labour.

It is clear that Australians don’t like bludging car making ratbags.

”The government has started taking some big decisions, some hard decisions, that people notice,” notably to refuse public subsidies to SPC Ardmona and the car manufacturers. ”There’s just more of a consistency to what they are doing and saying and that’s coming from the Treasurer, which he pithily summarised as ‘the end of the age of entitlement’.”

A poll by Essential Media last week found that only 36 per cent of voters approved of continuing government subsidies to the car sector, with 47 per cent opposed.

So it may be that Joe Hockey is the one winning kudos for the government.? Read more »