Since when is hydro not renewable? You don’t need a dam or alpine by the way - here in Coolum we could be solar pumping sea water up to a holding tank on the cliff and using it to run a small hydro at night; seawater discharged back in to the sea. We need to break the old thinking of massive base load generation and look to smaller self-sustaining cells, particularly in regional and new developments. You’re welcome to laugh at me - China is laughing at us and the rest of the world while they zoom ahead and we sit around arguing amongst ourselves...
Yes and quietly claiming more territory after as theirs while we are busy dealing which the the issue they created, I don’t care what the experts say China created this Virus, and lied to rest of the world. https://www.aljazeera.com/news/2020/04/philippines-backs-vietnam-china-sinks-fishing-boat-200409022328432.html
A lot of people believe that Graeme...The only floor in reality is their economy has been just as badly hit...Nothing would surprise me though..
Thanx for the laughs Tim another great,RIP https://www.abc.net.au/news/2020-04-13/the-goodies-star-tim-brooke-taylor-dies-at-79-due-to-coronavirus/12143776
Virgin Australia, Qantas to fly domestic routes with Government support http://www.abc.net.au/news/2020-04-16/virgin-australia-to-resume-flights-after-coronavirus-suspension/12155466 Why does Qantas need Federal Government support? Look at page 60 here. https://investor.qantas.com/FormBuilder/_Resource/_module/doLLG5ufYkCyEPjF1tpgyw/file/annual-reports/2019-Annual-Report-ASX.pdf As for Virgin, why aren't their owners and shareholders tipping in their cash first?
Australian governments of either flavour have a well established reputation for being easily convinced to hand over money when under any form of external pressure. There is an ecosystem of consultants (often ex politicians) whose business is to run campaigns on behalf of private companies. Most politicians are ex lawyers or political staffers, they are often surprisingly weak people who have little commercial understanding and focus most on how public perception might be swung against them by the media. e.g. the ABC wouldn't hesitate to run a headline "Virgin declares bankruptcy, blames Morrison Govt"
Saw an article yesterday that Amazon is going nuts during this global lockdown. Bezos is making $11,000 a second. He just made over 1/4 million in the time it took me to write this!!
If you've ever watched a senate estimates committee hearing on TV, you'll have noted they can be quite focused on saving taxpayers' money when it suits them.
For show only. I work in a public listed company, which is not too different from govt.. only the bean counters want to save- No one else. They’re in it to maximise their gain out of the funds..
Hmmm I’m not keen on governments bailing out private industry but this is kind of a special case since they were ‘banned’ from flying and we only have 2 companies flying domestically in real terms. I also don’t want to lose Virgin because then regional area like mine will be stuck with no option than Jetstar which isn’t even worth considering...
I think I agree with Karen to a degree here. QF and Virgin have been forced to not fly because of the government, not market forces or competition. Although, Virgin was losing money hand over fist for the last few years, so perhaps they AREN’T a viable business at the current price point? People much smarter than I on here may be able to make better comment. Sent from my iPhone using Tapatalk
Yes, if you look at people's attitudes towards how money is spent, or what I like to call the give-a-shyt-o-meter, it starts with someone else spending their own money, then someone else spending someone else's money, then you spending someone else's money, then you spending your own money, but the top of the annoyance scale is someone else spending your money - which is what the bureaucracy does to us.
I’m conflicted about Virgin because of the viability question as well, but their service is so far above Jetstar. I won’t even consider Jetstar no matter how cheap the price, it’s just not worth it.
That's so weird. I never hear anything good about jetstar, but I've never had anything but good experiences with them.
