the-oc.bsky.social

the-oc.bsky.social

@the-oc.bsky.social

1.5K followers189 following6.7K posts

www.afr.com/companies/re... What a surprise. A dinosaur of an organisation acting like a dinosaur. This thing is cooked. The MD is clueless and did a horrific deal buying declining brands. All this will do is see the best employees who have a choice leave.

afr.comMyer cancels work from home for corporate staff ahead of office switchThe department store chain has told corporate employees it wants them back in the office full-time when it moves to new headquarters in Melbourne next month.

Yet another reminder @albomp.bsky.social (as if you needed one) that the U.S. is a thoroughly unreliable ally. When are you going to stop sending our tax dollars to fund the complete boondoggle that is AUKUS?

Jon Cooper@joncooper-us.bsky.social

🚨BREAKING: Ukraine says the Starlink satellite system and its military version Starshield are again operating at high ​speeds after over a week of restrictions that disrupted military ‌operations. Problems with Elon Musk's SpaceX-owned systems came after Trump announced a deal to buy Russian diesel.

This is also terrible politics. Cancel this boondoggle @albomp.bsky.social and contract with one of our REAL allies for AIP submarines instead. Use the HUGE balance of funds released to accelerate the transition to renewable energy and to electrify freight/mining to eliminate our diesel dependency!

zecar.com/reviews/phev... This is a bit dated but highlights that incentives matter. PHEVs where the incentives are aligned typically do an okay job at reducing fuel usage. Where the incentives are moronic like in the case of European company car leases they don't.

zecar.comMost PHEV Owners Actually Plug In, Just Not in EuropeToyota research found PHEV owners charge 7 in 10 driving days. Australian data backs this up, but a European study of nearly 1 million vehicles paints a very different picture.

Even in the Australian study I would note it is a pain to claim your electricity costs on a PHEV novated lease (which most were until March 2025). You have to separately record the amount of electricity used and then apply your billed rate. Suspect some don't bother and just use petrol instead.

Hey @albomp.bsky.social is this another one of those values we share with the U.S.A? A deep admiration for one of the worst war criminals in history and an evil, evil murderous man?

Ron Filipkowski@ronfilipkowski.bsky.social

Trump’s special envoy Steve Witkoff to Vladimir Putin today: “You talk so much about Trump being a humanitarian, you are a humanitarian also, sir. And I salute that. I commend you.”

www.afr.com/politics/fed... "David Pocock has proposed imposing a 5 per cent levy on large, next-generation data centre revenues, which would deliver more than $500 million a year to taxpayers by the end of 2030, in a move industry warned could send investment overseas." Ok, bye!

afr.comPocock proposes 5pc tax on AI data centresIndependent senator David Pocock accused the Albanese government of being “starstruck” by the claims of artificial intelligence giants such as Anthropic and OpenAI.

Meanwhile @albomp.bsky.social and Marles are bankrupting Australia with the boondoggle that is AUKUS. Absolutely pathetic sycophancy that WILL live in infamy.

Ron Filipkowski@ronfilipkowski.bsky.social

The United States is actively helping Putin murder civilians in Ukraine. Trump is doing everything he can to force Ukraine to surrender to his friend and ally Putin so they can be subjugated by the Russians again.

www.afr.com/politics/fed... “Fifty of the 53 seats One Nation is projected to win sit in the bottom three health quintiles. None sit in the top quintile.” That's because old people and the poorly educated typically have poor health AND are racist. There, solved the puzzle for you!

afr.comIt’s not migration: the unexpected driver behind One Nation’s surgeNew data sheds light on the subset of Australians reshaping politics before Pauline Hanson’s big test in Victoria next month.

Hey @albomp.bsky.social is this another one of those shared values we have with the U.S? Happy to let rampant insider trading occur, probably because the people doing it are well connected...

Scott Horton@robertscotthorton.bsky.social

Bloomberg:Career staff at CFTC concluded there was ample evidence to suggest that massive insider trading occurred on commodities transactions around specific points during the Iran War, and they referred the matter for enforcement. Then political appointees demanded that they retract the referrals.

One might think that a supposed ally abandoning a nation in need like this might make the Australian Government reconsider tying ourselves ever closer to the U.S... What do you say @albomp.bsky.social? Still smart to put all our eggs in one very unreliable basket?

Ron Filipkowski@ronfilipkowski.bsky.social

Trump has cut off intelligence to Ukraine so that Putin can more easily bomb civilians including children.

www.aljazeera.com/video/newsfe... Hey @albomp.bsky.social is this another one of those values we share with the United States? Having our cultists beat up women protesting the lack of justice for victims of sexual assault and then laughing at her and calling her fat?

aljazeera.comTrump Protester punched at Trump rally as they’re mocked by the presidentA protester wearing a ‘Release the Epstein files’ shirt was punched by Trump supporters at a Republican rally in Ohio.

Hey @albomp.bsky.social is this another one of those values we share with the U.S? Weaponising the levers of Government to harass a parliamentary representative who came to the country as an asylum seeker?

Why Australia’s inflation shock may be creating its own cure www.afr.com/markets/debt... Not sure why this would be remotely controversial. It's completely obvious that this oil crisis is leading to an explosion of demand for EVs and renewables that will ultimately crush fossil energy prices.

afr.comWhy Australia’s inflation shock may be creating its own cureThe irony of persistent energy shocks is they increasingly create the conditions for their own eventual moderation.

www.afr.com/world/europe... When even the conservative business press in Australia is questioning the U.S. as an ally you would think Labor would rethink the utter boondoggle that is AUKUS. How about it @albomp.bsky.social? You going to even think about whether we should go ALL IN on the U.S???

afr.comZelensky rebuke, dirty diesel deal with Putin a new low, even for TrumpThe US President blames his Ukrainian counterpart for standing in the way of a peace deal, while continuing to give the Russian President a free pass.

A lot of these people aren't just staying home either. China (>20% growth in 1H 2026) is one of many countries enjoying record visitation. No doubt partly helped by the fact the U.S. is actively pushing away tourists. thediplomat.com/2026/08/chin...

thediplomat.comChina’s Tourism Industry Gains Momentum Thanks to Visa-Free PoliciesChina is poised to become a global powerhouse as both a source and destination for international tourism.
Semafor@semafor.com

Visitors to the US are on track to drop by almost two million year-on-year. “We’re the only major country in the world losing visitation,” the head of the US Travel Association said. “It’s mind-boggling.” www.semafor.com/article/09/2...

Why high interest rates aren’t hurting households like they used to www.afr.com/policy/econo... Where does the AFR find these people. Interest rates are crunching spending. Discretionary spending that is. It's hard to cut your surging petrol costs, utility bills and grocery spending!

afr.comWhy high interest rates aren’t hurting households like they used toHigh-net-worth balance sheets and a $4.8 trillion super pool are blunting RBA rate hikes, keeping consumer spending resilient despite 15-year interest rate highs.

cnevpost.com/2026/10/02/t... BYD beating the pants off Tesla in pure BEV sales (I.e. Ex-PHEVs). Love to see it. BYD sales of 762,478 passenger BEVs in 3Q26, 57% higher than Tesla's 486,532 global passenger car sales. Amazing what having more than 2 models can do for sales!

cnevpost.comTesla beats Q3 delivery expectations but falls further behind BYD in BEV salesTesla delivered 486,532 vehicles globally in the third quarter, down 2.13% year-on-year but above market expectations.

Hey @albomp.bsky.social is Australia going to say a peep here? Last time I checked we are a founding State Party to this Court (ratified 1 Sept 2002)? I mean obviously John Howard has more courage in his little finger than you, but surely this warrants a statement at least???

Hoodlum 🇺🇸@nothoodlum.bsky.social

Trump is sanctioning the ICC, claiming it threatens US sovereignty. Meanwhile, 79 States Parties reaffirmed their support for the ICC’s independence, impartiality and integrity. Canada, Denmark, Germany, France, Italy, Japan, the Netherlands and the UK condemned the move. apnews.com/article/us-i...

www.reuters.com/world/us-imp... Hey @albomp.bsky.social , is this another example of the values Australia shares with the United States? Why did we dissolve SASR2 for the actions of several rogue operators when the U.S. is actively sanctioning ICC staff attempting to prosecute war crimes?

reuters.comEXCLUSIVE: US imposes sanctions on ICC hours after former judge wins Nobel Peace PrizeThe Trump administration has long been hostile to the court and has previously imposed sanctions on its prosecutors and judges.

finance.yahoo.com/energy/artic... Shanghai electric wins 500MW CCGT project (300MW gas turbine). "Beyond the Malaysian energy developer that awarded the current contract, project developers in Indonesia, Thailand, the Philippines, and Vietnam have also expressed strong interest in placing orders."

finance.yahoo.comShanghai Electric Secures First Overseas Heavy-Duty Gas Turbine Order for 500 MW Malaysian ProjectShanghai Electric (SEHK: 02727, SSE: 601727) has achieved a milestone in the high-end overseas energy sector by securing the contract for Unit 3 of the Sarawak Samalaju Combined Cycle Gas Turbine (CCG...

It was only August '26 when China (Dongfang Turbine) exported its first gas turbine to Kazakhstan (a 50MW unit, first of 3). A word of advice to GE Vernova and Siemens shareholders. Think VERY carefully about what TWO new Chinese entrants to the export market means for the value of your holdings...

"The repricing talks, revealed by this column, have progressively slid from $9 overnight to $8.25 this morning, with sources suggesting Firmus may have to accept a deal at about $7 or even $6 per share or kiss the IPO goodbye." As @edzitron.com would ask. Is that good? www.afr.com/street-talk/...

afr.comFirmus pulls down deal docs as bankers try shrinking $7.9b IPOIn addition to slashing the IPO’s valuation, Firmus’ bankers have also kicked off talks to shrink the $7.9 billion raising target in a last-ditch effort to save the float.

www.cnbc.com/2026/10/05/t... That sure sounds like a reliable supplier! I don't know about you but when the President of the nation I'm thinking of investing billions in is threatening me with tariffs I'm probably less likely to sign up to a 20-30 year offtake deal with them...

cnbc.comTrump tells South Korea to sign on to Alaska LNG deal or 'I'll just charge them more'Trump is ramping up pressure on South Korea over Alaska LNG as Seoul remains cautious over investment projects announced by the U.S. president.

www.abc.net.au/news/2026-10... It's really concerning when the LNP's policy is the more logical of the two major parties. Tobacco excise at current levels will remain a source of black market profits and operations even if you shut shops (distribution will move to the same as illicit drugs).

abc.net.auLegal cigarette sales, Quitline calls surge after state crackdownCalls to Quitline more than doubled in the days after major tobacco black market enforcement operations in Queensland, suggesting the crackdown may encourage some smokers to quit.

"Aero Engine Corporation of China is developing its CJ-1000A turbofan aircraft engine for the C919. China is also working on sealants, paints and bolts to replace Western-made aircraft parts, according to an aircraft engineer." U.S. export restrictions will backfire. amp.scmp.com/economy/chin...

amp.scmp.comChina’s C919 jet faces further delivery delays amid US export chill: analystsWashington has reportedly restricted exports of aircraft parts to China to gain leverage over Beijing, adding to Comac’s supply pressures.

This sort of idiocy will guarantee that U.S. industrial firms lose their market share in China and countries that China dominates trade with. Ultimately very, very stupid and shortsighted.

www.afr.com/policy/econo... Chalmers is no economic genius but in this case he correct. Inflation is NOT demand led, it is a cost push issue from high energy prices. Unemployment is rapidly rising while the WPI falls. Outside of electricians there is no part of the labour market that is tight.

afr.comChalmers breaks with Bullock on 5pc unemploymentThe remarks echo earlier tensions between Jim Chalmers and the RBA, with the treasurer previously accusing the central bank of “smashing the economy” with high rates.