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Byron Shire
September 26, 2022

Editorial – Just quietly, Govcorp is doing very, very well, at your expense

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Gosh, the one per cent are having a field day, aren’t they?

With help from complicit mainstream media they continue to divide a stressed out, distracted working class, increasing prices on everything from food and petrol to energy.

Interest rates have risen over the past five months too, while squeezed supply chains are restricting movements of goods.

It’s getting more expensive all round, because Australia is experiencing its highest inflation in 20 years.

That’s what Dr Daniel Mulino MP said on Tuesday.

He is Chair of the House of Representatives Standing Committee on Economics, and they are holding a public hearing with Reserve Bank (RBA) Governor, Philip Lowe, on September 16.

A very large forecast miss

Lowe admitted only last week that the fast rise in interest rates represents a ‘very large forecast miss’, and there are calls for his resignation, owing to not doing a very good job, and being out of touch.

What – a banker, out of touch? 

Profits have never been so high.

CEO pay packets, such as that enjoyed by Alan Joyce for example, are still climbing, despite QANTAS going to shit.

The Guardian reported that Joyce’s take-home pay for 2022 was $2.27m, up from $1.98m in 2021.

It’s a symptom of a declining Western empire, which has been running empty of empathy, integrity and the common good for decades. 

After nine years of the Liberal/ Nationals government, for example, the opportunity was lost to replace crumbling coal electricity networks and ensure energy stability.

Isn’t it treasonous that all the nation’s gas supplies are being shipped away for the benefit of global corporations, who pay next to nothing for the privilege?

Those in the UK and Europe are facing massive electricity price hikes too, and have been abandoned by their political class.

The New Statesman reported on August 26 that ‘Typical energy bills are forecast to be more than £3,000 a year until at least 2024’.

While energy costs continue to rise in Australia, there are some government incentives available that perhaps some people are unaware of.

Energy Savings Scheme

The NSW Energy Savings Scheme (ESS) provides financial incentives to install energy efficient equipment and appliances in NSW households and businesses.

According to www.energysustainabilityschemes.nsw.gov.au, ‘Eligible upgrades for households and small businesses include: high efficiency or LED lighting upgrades; replacing electric or gas water heaters; installing or replacing existing air conditioners; replacing windows or doors with thermally efficient windows or doors; replacing pool pumps with high efficiency pool pumps; installing efficient showerheads; and  draft proofing or sealing windows, doors, chimneys and exhaust fans’.

An Accredited Certificate Provider (ACP) or their representative must install the equipment and the full list of ACPs is online.

Additionally, an Australian Government Energy Price Comparison Service for households and small businesses is available. It is called Energy Made Easy, and is available at www.energymadeeasy.gov.au.

It compares prices on your existing electricity and gas usage with different providers. 

Hans Lovejoy, editor


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15 COMMENTS

  1. On top of all these current increases, just wait for the true costs of our mad rush to “Net Zero’ to be added in.
    They haven’t told the gullible public the whole truth over this yet – but it ‘will out’ in time.
    When it does, there will be repercussions both electorally and nationally.

    • Are you really arguing that switching to cheaper alternative and sustainable practices, in a feeble attempt to limit our headlong rush to global extinction , are somehow too expensive and we must all go out with a fossil-fuelled bang ?
      “net Zero ” of course is not nearly enough to reverse this CO2 pollution, it must be very much Net Negative for perhaps centuries.
      Still, It is hard to comprehend where some peoples heads are at. …But anything is better than change, hey Rob ?
      Cheers, G”)

  2. We of the 1% aren’t doing well at all, we are being repressed by the 0.1%
    As Unreliables are being forced on to the grid, electricity is becoming rarer, so it’s value is going up.

    • And I thought all this Covid vaccination conspiracy stuff had disappeared. Then the other day someone told me my shingles came from being vaccinated, and silly me thought it came from having chicken pox as a child. Have you heard of long Covid?

      • Despite callous disregard for our fellow humans, name calling and dismissal of empathy, I regret to inform you Rod that many are suffering from vaccine related injuries.

        But for those like yourself, if it ain’t in the news, you wouldn’t believe it.

        Easily swayed, ready to condemn on a whim and parrott controlled news sources spruiking division like it’s the best new thing. Nasty really.

        I hope you find a some courtesy and love for those you don’t care to acknowledge or respect. Peace mate.

  3. “Mad rush to net zero”? What about the madness of destroying the life support systems of the planet, for a decade perhaps of profits for the fossil fuel industry? Everything predicted by the IPCC for 30 years has come true

    • Hamish, 100%.

      But the climate denier nutters still come out to play with their nonsense.
      The Northern Hemisphere’s disasters, our National Bushfire Apocalypse 2019/20 and Flood Catastrophe 2020, nothing to see here according to the denier nutjobs.

      • Are you talk about people like Dr Nils-Axel Morner who was on the IPCC panel and is blowing the whistle about how ‘the IPCC is misleading people’. He says ‘they exaggerated everything and there is no crisis’. He is not the only panel member saying that. Go do your research instead of terrorising people with nonsense.

        • Christian, Christian, Christian, it not me terrorising anyone, it is the climate catastrophies being visited upon us all, that doing all the terrorising. Somehow you manage to miss it all, yeah

          Ah yes, Dr Morner and sea level rise. I can see why you idolise him so.
          Our Pacific Island sisters and brothers are just imaging it all, yeah.

  4. Wow all your commenters bar the last seen pretty out of touch too. And I was hoping for a different ending to your article- which was sounding almost radical (and interesting) at the start but then kind of plateaued out in a ‘refer to this website ‘ underwhelm. The incentive scheme sounds interesting until u remember how hard it is to get a builder or even building supplies. And for those of us in disaster zones it alll just seems like deckchairs on the titanic. Echo can you write some more inspiring grassroots stories please?

    • Most of you are God Deniers, Witch Deniers, Flat Earth Deniers, Earth-centric Universe Deniers. See how that pejorative works.

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