When ratings agencies judgements are patently WRONG as they were pre GFC and the junk packages offered by Wall St for sale were overvalued did or were these agencies ratings downgraded? Not at all nobody was ever charged for the over ratings given to Financial Institution products. Institution on which the agencies depended for thei incomes. The down rating of Victoria is totally and blindly accepted by by all politically opposed to Dan Andrews. Nobody is asking S&P to justify it’s decision with either facts or evidence. (ODT)
A downgrade in the credit rating of a government would once be greeted with fiscal self-flagellation of near religious intensity.The ratings’ agency religion may be dead. But there are still lessons
On October 6, Lidia Thorpe was sworn in as the first Aboriginal woman to represent Victoria in Australia’s parliament. Thorpe spoke to Jacobin about a centuries-long struggle for justice.Victoria’s First Aboriginal Senator, Lidia Thorpe, Speaks to Jacobin
Europe is bracing for a new spate of national lockdowns as coronavirus surges across the continent and threatens to fill hospitals with more patients than the first deadly wave of earlier this year.Coronavirus: Germany, France return to lockdown as cases soar in Europe
Trucking magnate Lindsay Fox urged the business community to find solutions and work together to fight the deadly virus that has wreaked devastation across VictoriaTrucking boss Lindsay Fox urges support for Premier’s ‘tough decisions’
My beautiful but astonishingly pooey two-year-old has handled himself through this pandemic with more grace than Melbourne’s largest newspaper. And the Victorian Liberal Party. Both of whom should feel grateful I’ve listed them as distinct entities.These creeps are going to make the next few weeks harder than they need to be | The Shot
As Victorian Premier Daniel Andrews described protesters as “selfish and unlawful”, at least four participants at one of the planned protests were led away by police officers on Saturday in handcuffs.‘Selfish’: Premier slams anti-lockdown protesters as crowds fizzle
WHO NEEDS SOME TOTALLY AMAZING NEWS?!
Oh my god. Every day I clasp my hands together and thank the sweet universe that I live in Victoria. Thank you, Lily D’Ambrosio MP, thank you.
Please bear in mind: this timetable – and the money that the government are willing to put into it – gives the working people of the industry time and resources to *transition*. This is what we mean by a “just” transition. It is why it should be at the heart of every decision we make. (Van Badham)
Not even the most supreme optimists in Labor dreamed of this. A thumping victory, a “bloodbath” as Labor’s health minister, Jill Hennessy, put it. Labor luminaries looked not just pleased, but stunned.
A swing to Labor of around 6%, around 60 seats in an 88-seat parliament, the Coalition reduced to a rump of 20, with several still in doubt. Although the counting of prepoll votes might bring back the scale of the win a little, Labor’s early worries about being forced into minority government proved laughable.
The poll found Labor would have won an election last week by virtually the same margin it won by when Victorians voted in 2014, claiming 52 per cent of the two-party preferred vote to the Coalition’s 48 per cent.
The ReachTEL poll of 1239 voters was taken on the night of October 3.
With fewer than 50 days remaining until election day, the result suggests Coalition leader Matthew Guy will need to make significant ground during the election campaign if he is to claim the eight extra seats he needs to become Victoria’s next premier.
Victoria will undergo “the biggest public transport building program in Australian history” if the state Labor government is re-elected, Premier Daniel Andrews will promise in a speech marking 100 days until the November state poll.
In notes seen by The Age, the Premier will also take aim at the privatisation of Victoria’s energy market and the companies reaping massive profits.
“We were promised that a privatised electricity market would lower prices,” he will say in his address to the Committee for Economic Development. “Wrong. Privatisation has not worked.”
What’s rubbish to most of us is a convenience and doesn’t bother Andrew Bolt. He is comforted by the safety of it. 5.4 extra people died his research search tells him. That 0.6 of a person that lived is smiling.(ODT)
The report cited a study that showed researchers found 359 seals became entangled at Seal Rocks off Phillip Island mostly in lost or abandoned fishing nets between 1997 and 2013. However, it said other items including balloons and plastic bags were also a danger for seals.
The Andrews government has now committed to banning lightweight plastic bags by 2019. A reference group will also be established this year to produce a plan for dealing with plastic waste more generally.
The end of the mining boom means fewer migrants coming to Australia in search of work, and interstate migration shifting away from WA
Helen Halliday and former Port Phillip councillor David Brand, from the Fishermans Bend Network group, outside contaminated land in South Melbourne. They want better planning for the new area. Photo: Luis Ascui
Toxic groundwater will be investigated in the industrial area of Fishermans Bend – which is to be redeveloped as four new residential suburbs – almost three years after a secret state government report detailed soil and water-table contamination.
The report, kept confidential until recently, was completed just before the now Opposition Leader Matthew Guy announced the rezoning of the Fishermans Bend Urban Renewal Area.
The rezoning doubled or even tripled land values overnight, but failed to set aside infrastructure like parks that could cost taxpayers hundreds of million of dollars.
Now, the Environment Protection Authority has launched an investigation into toxic groundwater across the massive site, used since the mid-1800s for some of Melbourne’s most intensive industrial activity.
Abbatoirs, rendering works, bone mills, manure and glue factories, and soap and candle makers were all based in the area.
The EPA investigation comes ahead of new plans expected to be announced by the Andrews government for the Fishermans Bend area, which encompasses 240 hectares of Port Melbourne and South Melbourne.
The area was rezoned in July 2012 by Mr Guy as planning minister, from a mix of industrial and commercial uses, to a capital city zone that he controlled.
Mr Guy went on to approve 11 apartment towers – all taller than 30 storeys – and to propose a new underground rail line through the area.
But in a sign of how rushed the plan was, the EPA has now commissioned a study to better understand the potential risk of contaminated groundwater.
It follows a preliminary land contamination study by engineers Golder Associates, completed in mid-2012, that used only “drive by” assessments of individual sites.
It warned of a variety of contaminants including heavy metals, petroleum waste, large quantities of solvents such as kerosene and turpentine, and acids from animal product processing.
And it identified 20 “high-risk” sites that would likely cost more than $6 million per hectare to clean up. Two of these sites, the report said, “had an approximate contamination cost in excess of $10 million per hectare”.
There are a dozen outstanding permit applications for high-rise towers in the Fishermans Bend area.
No major residential project in the area has been approved since late last year.
Some planning applications, like those submitted for 60 Johnson Street in Port Melbourne, have been awaiting approval for two years.
The planning minister’s spokeswoman said there were many unresolved issues at Fishermans Bend.
She said the government was preparing its promised review of Fishermans Bend plans, to give greater certainty to residents, businesses and developers.
Helen Halliday is convenor of community group the Fishermans Bend Network. It has been lobbying for better and more transparent planning for the new suburb.
Ms Halliday said planning of the new suburb for 80,000 people had been a “developer’s paradise”, but that community input had been locked out.
“In 2012, we went from a draft vision that had a lot of good intentions … straight to high-rise podium developments, most in excess of 30 storeys, in areas that were designated for eight or 16 storeys,” she said.
She said the contamination identified in 2012 by the previous report didn’t seem to have been acted on despite many planning applications having been approved.
She said the Andrews government’s promised review would hopefully improve how the area was developed. “Nothing could be worse than what we’ve got, because it has been a developer driven planning process,” she said