#greyhoundaustralia

Nothing to be proud about

Biz Ivest

Flipping through the latest RBA Chart Pack, it is no surprise that business investment keeps sliding off a cliff. As a % of GDP, it has slid from a peak of 18% off the short-term trough of 14% (GFC) to 11%, which now puts it at 1994 levels. It proves the old adage that businesses don’t invest because interest rates are low, they invest because they have confidence in the cycle.

Our government should be looking at this with alarm bells. It doesn’t take too much imagination to work out that political instability has played its part.

Australia was once regarded as the vanguard of political stability in the region which made it a sensible investment choice for domestic and international investors as a place to do business. There was a comfort in knowing that there wouldn’t be revolving door prime ministers and flip flops on policy positions. After all, much business investment takes years to get to the production stage.

The Howard years saw our business investment surge. Sensible fiscal policy was a feature too. While Rudd can be forgiven for GFC causing a slump in business investment it resumed until political instability put the mocker on business confidence.

We have been running deficits ever since and cranking up the national debt (we wrote about it here) because it is clear we don’t have sensible free-market conditions to self sustain direct investment at anywhere the levels we need.

Instead, we kowtow to radical activists who try to stop investment in projects like Adani and conduct illegal secondary boycotts on businesses like Greyhound Australia and Siemens without repercussions.

Whether coal is evil or not is irrelevant. The problem is such activism, which is further supported by ideologically corrupted government environmental departments – that push their own agenda on granting approvals – doesn’t endear domestic industries or foreigners to invest in us. These are dangerous precedents. All of this tokenism when we only need look at the realities of what will happen down the line.

Don’t take our word for it. Even our domestic businesses are leaving.

Thanks to Australia’s ridiculous energy prices, Aussie company Bluescope confirmed the expansion of capacity in Ohio. In Feb 2019, the company CEO said, “much cheaper energy in the United States is a major driver of the company’s preparedness to invest in a $1 billion expansion in Ohio.”

In 2017, Tomago Aluminium reported, “We have to grow to be competitive and to be ahead of the curve, but when the spot price went to $14,000 [per megawatt hour] we had to take that load off. It’s just not sustainable. You can’t smelt at that price. We have had to curtail or modulate the load [on occasions] or we get hammered by the price…We cannot continue to keep paying those prices. We have to find a solution. The prices are crippling”

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Unfortunately, 28 years of unfettered economic expansion has made us complacent. We think this economical miracle has no off-ramp.

None of this is remotely surprising.

Can we honestly say that the impact of higher electricity prices hasn’t been a factor in pushing away investment in engineering and manufacturing? So this mad push for renewables will not alleviate this pressure. Germany is the perfect beta-test crash dummy. It predicted flat prices. They doubled from those forecasts.

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Yet our political class is playing with fire.

We never thought Australia was realistically going to have a surplus when it was announced. Secretly there must be a sigh of relief in Treasury that the impacts of the bushfires and coronavirus will provide a convenient scapegoat to miss those targets under the premise of ‘doing the right thing.’  And no that does not mean the government is glad those two catastrophes have happened from a humanistic approach.

We need proper reforms. We need to ditch these notions of political correctness in public policy. We are as unimaginative as many other governments around the world. Living on a low-interest rate fuelled debt bomb. Kicking the can down the road simply does not work. Why aren’t politicians convicting their cases with evidence rather than folding to ideological positions held by fringe dwellers on Twitter?

When we visited Israel on a business delegation in 2018, Israeli PM Benjamin Netanyahu uttered the only 4 words that mattered for investors – “we want your business.” The innovation nation knows what it is good at and is prepared to back it to the hilt.

It would be so nice if our government spent some time in Israel to discover that we have it all wrong. Because we are only storing up a rude awakening. When our economy does suffer from the eventual ramifications of all of that lack of investment, the public will be howling that they can’t pay their mortgages, that they can’t get decent jobs and they can’t keep the lights on. None of that would have been necessary if they had been more open to business.

The ultimate result will be that we’ll put ourselves deeper into debt to fund some monster infrastructure projects that will provide short term relief, not long term solutions.

The foreign investors that could have helped had we treated them in a more dignified fashion will just buy our assets at fire-sale prices instead. Then we’ll have another moment to howl at the moon.

That will be the true price of our complacency. Experience is a hard teacher. You get the test first and the lesson afterwards.

Cancel culture puts holes in Swiss chocolatier

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Cancel culture. Weak corporate. Gutless response. Repeat.

It seems that Swiss Airlines will remove Swiss chocolatier, Läderach from its supplier list in April over the owner’s affiliation with a pro-life/pro-family Christian organization.

Who is this supposed to help? Passengers have a hard enough time consuming airline meals at the best of times to have the only edible certainty banned. To be honest, how often do passengers actively look through the list of suppliers of crackers, chocolates or packaged cheese and demand a boycott? Why don’t corporates truly work to understand their customers?

For over 10 years, Läderach had supplied Swiss Airlines with small boxes of chocolates that were given to some passengers as a token of appreciation. The company was aware of the CEO’s stance. Why didn’t it conduct proper due diligence 10 years ago?

According to an article published by Swiss magazine “Beobachter,” the airline has a significant number of homosexuals among its employees.

CEO Johannes Läderach denied being against homosexuals.

We have homosexuals working for us, too. We don’t ask them. I attended a gay network event because I wanted to hear what the LGBTQ movement has against Läderach. There I explained that I may have a different opinion on same-sex marriage or on the question when life begins. But this does not mean that I have anything against homosexuals. Läderach has zero-tolerance for discrimination.

Jürg Läderach, the owner of the chocolatier, is president of ‘christianity for today‘ (cft), a Swiss-based group. Johannes Läderach is a board member. cft advocates pro-life and calls for Christian values to be instilled in children.

In October 2019, left-wing activists attacked the Basel Läderach store using butyric acid which causes respiratory irritation, nausea and vomiting. 7 stores were attacked and forced to close for two days to clean the mess. A lot of lost business. Protestors surely broke the law. Repercussions? Probably not. It only emboldens more radical activism.

One has to wonder why Swiss Airlines doesn’t stand up against this form of terrorism instead of giving in to it. The majority of Swiss Airlines passengers probably pay little mind about the views of a chocolate owner. Is everything up for debate? Will something said 20 years ago surface?

As it turns out. Swiss Airlines buckled to a German homosexual lobby group which suggested,  “One way of protesting would be, for example, if hotels or restaurants decided to eliminate Läderach’s products from their range of goods and clearly mark the reason.

Are you noticing a pattern? The list is longer than FNF Media thought.

Greyhound Australia chickened out to a bunch of truants over Adani.

Gillette told its customers to mind their toxic masculinity but was forced to wipe off $8bn in market value as a result of alienating its core clientele. 

Extinction Rebellion inspired protestors are actively trying to bankrupt Shell through willful property destruction.

NFL ratings plunged on the back of the kneeling saga.

Cricket Australia and Tennis Australia were targeted by the ACF over risking violating the Corporations Act if they didn’t address climate change. This was despite the average temperatures during both events being below the long term average.

John McEnroe & Martina Navratilova protested Margaret Court holding different views and pushed Tennis Australia to rename a stadium named after the 77yo sports star after someone they hadn’t consulted who actually loves and admires Court.

Greta Thunberg slammed Roger Federer for having a sponsor which financed the fossil fuel industry. He folded with an utterly spineless response.

Nike cancelled a sneaker on the back of advice from a woke social justice warrior Colin Kaepernick who still can’t make the cut.  

Recall Starbucks forcing its staff to undergo compulsory training to understand their ‘white privilege’ over the legitimate arrest of two people freeloading in the restaurant.

Reebok told us about compelled speech. 

The plastic bag boycott movement which in reality only proved substitution rather than reduction.

NY Times hired an editor who openly said she hates “dumbass f*cking white people“. She has since been fired.

San Francisco Mayor London Breed told her staff that she will no longer conduct business with 22 states that have laws limiting the ability of women to obtain abortions, specifically late-term. Sadly for Breed, Coca-Cola, WalMart, AT&T, Aetna, Pfizer & Eli Lilly have donated to politicians who have advocated for abortion bans in some of those 22 states. Will SF City Council vending machines be stripped of Diet Coke?

Multiple corporates folded to Mad F*cking Witches over radio presenter Alan Jones’ remarks over Jacinda Ardern. One has to question the corporate PR departments to flake out over a group who has that as a name. Companies like Koala Mattresses proudly dumped Jones despite promoting its brand via profanity-laced man-hater, Clementine Ford.

The Code of Conduct from the Nursing and Midwifery Board of Australia has some interesting clauses regarding nurses acknowledging our colonialist past and check our white privilege.

The University of Texas  started the  “MasculinUT” programme. It was organized by the school’s counselling staff and most recently made a poster series encouraging students to develop a “healthy model of masculinity.” The program is built around “restrictive masculinity” and tries to encourage men to drop traditional gender roles to “act like a man”, be “successful” or “the breadwinner.”

11,000 signatories attached to the non-peer reviewed paper which the media made absolutely zero attempts to question the validity of included Mickey Mouse, Aminta Aardvark and Albus Dumbledore. Typical drip-feed brainless and contemptable reporting.

An open letter supporting the Extinction Rebellion threw up some very enlightening facts. Read it and weep. Not the letter – the stats. Perhaps the most hilarious signatory to the letter is Matthew Flinders of Flinders University. Unless the university website has another Matthew Flinders listed as an active member, our esteemed explorer seems to have navigated his way back to life…simply adding to the total lack of credibility of the cabal of 268 academics who believe they have some sort of intellectual superiority over us. If one ever wanted proof of our judiciary leaning hard left, 12% of the people that signed this document were in law-related fields. Eerily, over 90% of the signatories do not appear to be renowned experts in teaching science, much less climate science.

The Inclusive Communications Task Force at the Colorado State University has introduced an appropriate language guide and it has deemed the words “America” and “Americans” might prove offensive to some and have discouraged their use on campus.

Dr. Aaron Brough of Utah State University conducted the study to see if there is a correlation between toxic masculinity and climate change. His assumptions ran the line that men see environmentalism as more feminine and get triggered if forced to make ecological choices if they feel threatened.

The government-funded University of Melbourne allows an artistic performance that requires “paying” white customers access on the basis of signing an acknowledgement of white privilege.

Don’t miss the posters put up by the University of San Francisco which pointed out how to spot privilege.

A Michigan State University religious studies professor Shreena Gandhi has claimed that white people who do yoga contribute to a “system of power, privilege, and oppression… White Americans should learn yoga’s history, acknowledge the cultural appropriation they engage in and possibly reduce the cost of yoga classes for poor people, a group that often includes people of colour and recent immigrants, such as Indian women to whom this practice rightfully belong.”

According to the BBC, it was. The UK taxpayer-funded broadcaster is buying into this hypothesis that the CIA may have been too “white” and not diverse enough to spot the terrorist activity around September 11, 2001. Weren’t the whites that founded the agency in 1947 the same thinkers who had the nous to use “diversity” (Navaho Native Americans) to devastating effect to transmit sensitive information during WWII?

We could go on and on – but you get the drift.

There have been some good wins from those that have stood up for their beliefs.

Chik-fil-A, refused to back down on its Christian beliefs that the store was founded on.  It is now the fastest-growing fast-food chain in America.

Adani has said things are progressing just fine.

FedEx told customers that it didn’t like guns but wasn’t getting involved in boycotting NRA loyal customers after the Parkland shooting.

NRA membership searches surged 4900% the week after the Parkland shooting as people valued their 2A rights.

What a surprise in today’s academia. Three scholars—James Lindsay, Helen Pluckrose, and Peter Boghossian—wrote 20 fake papers using fashionable politically correct jargon (wrt gender equality, white supremacy, LGBTQI) and developed ridiculous conclusions with the aim of placing these ‘peer-reviewed’ pieces in high-profile journals. At the time of exposing the hoax 7 journals succeeded in being published, 7 were in the approvals process

This growing intolerance and failure to respect alternative opinions. Instead of openly debating Läderach on how normal the overwhelming majority of LGBT people are, do lobby groups honestly believe shouting them down, using acid, shaming and boycotting will somehow win them over? Not in a million years.

Worryingly, a CIS study in Australia showed that 58% of millennials had a favourable view of socialism. Unfortunately, 51% did not know who Chairman Mao was. Another 32% did not know Stalin and 42% hadn’t heard of Lenin. If we combine with “know but not familiar” with “don’t know” we see almost 80%, 66% and 74% respectively. Oh, how wonderful to learn in school about three men whose social policies led to the deaths of 10s of millions.

Silence is consent. As Orwell said, “In times of universal deceit, telling the truth is a revolutionary act!

Adani updates activists

MEDIA STATEMENT

28 January 2020

Adani statement on Greyhound

Despite an ongoing sophisticated and well-funded campaign by anti-coal activists, construction of our Carmichael Project is progressing well.

Adani Australia continues to work with a broad range of contractors and we have signed contracts valued at more than $500 million.

Adani Mining CEO Lucas Dow said there were more than 200 people working at the mine site and many more were working on various components of the project across regional Queensland from assembling equipment to preparing to lay the railway track.

“Anti-coal activists have thrown everything they’ve got at us in order to stop our project from court cases to multi-million dollar advertising campaigns but they haven’t succeeded.

“We are not intimidated and construction is progressing well.

“The activists’ latest tactic is to boycott other businesses and threaten their livelihoods and intimidate their employees as they have done with Greyhound, who is engaged by one of our sub-contractors.

“This latest tactic will not affect construction of the project as bussing providers from around Queensland are lined up and ready to assist us and our contractors with our transport needs.”

ENDS

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A reminder that Secondary boycott actions under the Competition and Consumer Act 2010 say,

Section 45D prohibits conduct by a person “in concert” with a second person from engaging in conduct that “hinders or prevents” a third person supplying goods or services to a fourth person.”

While we can argue that Greyhound Australia chickened out of its Adani contract of its own volition after such pressure (it could have ignored them) it nonetheless shows that activists are becoming more emboldened to try to shut down legitimate business activity they have nothing to do with. Why have laws if they won’t be enforced?

Woke Wyong Hospital turns down $14.8m donation

Ideology wins again. Citizens lose. The board of Wyong Hospital will call it principle to turn down a $14.8m donation because it was offered by a coal company. Indeed they argued it was like “taking money from a tobacco company.”

By that logic they should hand back all of the medical devices, machines, surgical instruments, beds and syringes that are all derived and solely dependent on fossil fuels with the added probability they are manufactured with the help of sustainable coal-fired power.

Did the board turn down pharmaceutical company and medical device maker perks or donations, despite the outrageous cost of drugs or machines?

Forget the long waiting queues, nurse shortages and a toddler sent home with an undiagnosed broken neck. Wyong Hospital believes it knows better than patients who just want to be treated ASAP. What does the board make its assessment on – facts or ideology? Because if it is the latter, the board should be reprimanded for a lack of due diligence and governance.

At what point will the board recognize that China has 300-500 new coal fired power plants on the drawing board over the next decade? There is demand for the black mineral. If it isn’t our coal, it will be someone else’s. Why shut down a $70bn coal export industry and seek to create unemployment. Don’t start with the green jobs nonsense. The ABS records less than 18,000 jobs (at its peak) are in “renewables”. Mining, much of it coal, employs around 220,000 people.

So even if the coal company wants to be a good corporate citizen, the hospital believes that letting patients suffer through longer wait times thanks to nurse shortages is a better outcome for the community than a coal mine that has government approval and operates as a legal entity. Had the hospital ever seen the environmental red tape that needed to be passed to get approval they might learn how clean the mine has been forced to be.

Is the hospital board merely worried about having a bunch of unemployed protestors shame it publicly?

We are sure that any patients with a loved one in pain would happily give trade woke green ideology for the generosity of a coal mine to assist in getting a quicker diagnosis.

When are companies going to grow a spine and push back? It is as pathetic as Greyhound Australia backing down on transporting construction workers to the Adani mine on the machinations of a bunch of self entitled school kids wagging class to boycott it. Wake up Australia.

Greyhounded into submission by striking school kids

When will Australian authorities realize that allowing the intimidation of corporates who are running legitimate businesses must stop? If we allow activists to bully companies into bending to a socialist ideology, will we be the least bit surprised when foreign investment dries up in the future? Because that will be the outcome.

It isn’t enough that activist environmental departments wrap businesses up in so much red tape in order to get approvals. We have to tolerate a small band of student protestors too.

Bus company, Greyhound Australia (GA), is the latest company to fold to activist pressure. It has rejected a contract to ferry workers to construct the Adani mine after being all for it.

SchoolStrike4Climate launched a campaign to boycott travel with GA until it publicly ruled out working on the mine. So now we have brainwashed teenagers dictating school transport policy even though they don’t pay a cent to fund it.

We’re somewhat surprised these kids aren’t dictating the school curriculum while they’re at it. Seriously, where are the schools in their quest to teach discipline? We already saw what happened to Newington College which proudly wilted to student pressure. Note it’s 2019 HSC rank fell from 98th to 176th. No connection, surely?

What our continued PISA education ranking slump tells us is that the teaching faculties have a lot to answer for to surrender to this garbage. It only suggests they’re willing accomplices rather than disciplinarians.

It is bad enough when adults push agendas. It is worse when they manipulate children to do their bidding for them.

Going back to GA, Had these children and teachers done their homework they would have realized that this wasn’t the first time the company has had ties with fossil fuel companies. Had their laser quick smartphone skills led them to the history page of Greyhound Australia they would have learned that,

in conjunction with the Shell Company, undertook a survey of the route from Adelaide to Perth – a distance of over 3,200 Kilometres – in 1957.

How could they have let this company transport them in the first place?!? It should have never been on the list. Common sense would prevail that the school only opened the yellow pages to hire a bus charter company. At no stage did the school demand a full audit on corporate carbon footprints.

Had it occurred to these kids that these buses that ferry them on school excursions run on diesel? While the per passenger carbon footprint might be smaller than alternative modes of transport, these kids should demand that the schools ban them outright, or doesn’t that count when they are having fun? Maybe the lesson should be that they don’t get to go on excursions to save the planet and will now have to walk or cycle to school instead of hitching a ride in mum’s SUV.

Although GA does list a pretty pithy section on lowering emissions

Limit the size of your luggage by packing only what you need – the more a bus or plane weighs, the more carbon emissions it produces. Enjoy local food and drink which haven’t been imported from far away – not only will you help the environment, you’ll also experience new flavours (and maybe find a new favourite). And finally, avoid plastic bags and bottled water – take your own reusable shopping bags to the local farmers markets, and refill your bottles throughout the day. Every little bit helps!

Had GA truly believed in this garbage, they would have never bothered to entertain the Adani contract in the first place.

Looking forward to seeing the private bus company that steps up to fill the void for Adani. Surely the same Queenslanders that voted for Adani’s go ahead in the last federal election will back GA’s replacement to transport workers, many of whom probably have kids at school.