"The average mortgage pays $200,000 in profit over its life to the banks," says Richard Denniss, co-CEO at The Australia Institute.
You can read more on good ideas for economic reform here: https://thepoint.com.au/opinions/251113-genuine-economic-reform-is-long-overdue
Two frames. 1. Lib Party Room, members huddled around table, one says “We have no policies, no principles, no vision, no credibility, no gravitas, no consistency, no popular appeal…” 2. Same scene, another says, “You’re right - Angus Taylor is the leader who best represents us.”
If the cap fits.
My @smh @theage cartoon.
The Winter Olympics start this Friday, and warming winters are making the Games harder to hold.
Less natural snow means heavier reliance on snowmaking, and ultimately it all means limits to how long the Winter Olympics can keep going as we know them.
Retiring Walmart CEO Doug McMillon made $27.5M last year, over 930 times the median Walmart worker's salary of just $29,469.
Walmart's wages are so low that its workers are among the most likely to rely on SNAP and Medicaid to get by.
It's past time Walmart paid them a living wage.
Strong agree.
Also the 2028 Olympics.
Hi Humans, God here.
Regarding Greenland, God has a question for thee.
WHERE THE FUCK IS CONGRESS?!?
"Angry oceans set records on West Coast" by @dinahvp.bsky.social for @usatoday.com: www.usatoday.com/story/news/n...
Nobody is “grooming” your kids to be gay or trans but people are grooming them to be Nazis.
I can’t speak for the entire Jewish community, but personally I have been watching many of y’all under-react to ICE actions for the last year and suddenly understanding in a whole new way how my family ended up being rounded up and massacred in camps and y’all should think on that.
“In Australia, we subsidize the fossil fuel industry, and we charge our kids a fortune to go to uni.” - Australia Institute co-CEO Richard Denniss.
Add your name to the call and demand the gas industry pays its fair share: https://nb.australiainstitute.org.au/increase_the_prrt
People who paid pure lip-service to a Royal Commission's findings suggesting we need a Royal Commission.
Glorious. Stick it on the front page.
There are five days left in 2025 and I'm way out of f%cks
The USS Bone Spurs
“The Government has acknowledged there is no gas shortage and exports are the problem, said Mark Ogge, Principal Advisor at The Australia Institute.
Read more: https://thepoint.com.au/news/251223-federal-government-announces-gas-reservation-policy
"It doesn’t seem to have occurred to the administration that spending the last several months going scorched earth on the rest of the world might make other countries the tiniest bit disinclined to deal with us."
The world's richest 0.001% now control 3x as much wealth as the entire bottom half of humanity combined.
56,000 wealthy individuals have more than roughly 4 billion people.
Read that back.
The seismic echoes of capsizing icebergs falling from Thwaites Glacier have been detected for the first time.
👉 Read the full story: theconversation.com/hundred...
Just a reminder the media org that has been trumpeting that it cares about kids and their futures and wants social media banned is the same that worldwide has been running climate change disinformation and lies, ensuring the kids will live in a worse world
Were I in a govt that really cared about kids, I’d be banning new coal and gas mines with rather more fervour than the current ban on social media.
Probably wouldn’t get the same boasting front pages in the Herald Sun and Daily Telegraph though…
Here’s what he’s missing:
We have a president calling immigrants “garbage” and affordability a hoax, a DOD secretary cosplaying war games with no accountability, a VP saying it’s “reasonable” to not want neighbors who speak another language, and a Speaker who believes women are inferior.
The GOP.
Australia Institute research shows 80% of Australia’s gas is exported by multinational gas corporations, who then tell us we have a gas shortage. Big Gas is Taking the Piss.
Add your name to the call to fix Australia's gas export problem: https://nb.australiainstitute.org.au/fix_gas_export_problem
wtf is a FIFA peace prize? that's like being an NFL laureate in physics
📚 A new book, Goliath’s Curse, will reset everything you thought you knew about the rise and fall of civilisations – with worrying implications for our world now.
Ever grateful to those that speak up & out, & for their solidarity.
Science suppression & self-censorship is rife. I understand why many are reluctant to speak truth to power, it can come with great costs, seen & unseen, with the latter often being the most insidious, upsetting & damaging. #ESA2025
This is why for a long time I've found the Prime Minister's Prizes for Science a rather insulting propaganda exercise
www.abc.net.au/news/science...
CSIRO funding as a percentage of GDP:
1982-83 = 0.17
2024-25 = 0.03
...
Scientific extinction event imminent?
Thank you for writing this, @timhollo.bsky.social. I've been very critical of COPs for a long time, and you've articulated the fundamental issues with precision.
"A globe of sovereign states is no true globe...a globe of communities acting in concert for the climate can make the COPs obsolete."
Australia Institute research shows the gas industry pays ZERO royalties on more than half the gas exported from Australia.
"Other people in the rest of the world are making a fortune out of Australia's gas exports.... Australia is getting taken for a ride."
@richarddenniss.bsky.social
#auspol
"It doesn't matter whether the National Party believes in climate change, I promise everybody's insurance company believes in climate change."
- co-CEO Richard Denniss unpacks the National Party abandoning net zero on ABC News
#auspol @richarddenniss.bsky.social
