By Andrew Bolt ~
Australia is held back by nothing more than plain stupidity – green tinged.
Prime Minister Malcolm Turnbull and Scott Morrison will hold urgent talks this morning with a delegation of business leaders warning that companies are starting to shed jobs due to the South Australian energy crisis and crippling company tax.
The high-powered delegation will also meet crossbench senator Nick Xenophon, with a message that if he wants to save jobs in his home state, which is reeling from the energy shock, he must also back the government’s company tax plan…
“We will be getting the message across to (Xenophon) that if we want to hold employment, let alone increase employment, we need to lower company tax at a sensible level,” chair of the Committee for Adelaide and former BP executive Colin Goodall said.
He added that the plan to drop the company tax rate from 30 per cent to 25 per cent over the next 10 years was “not that extraordinary” when compared with other OECD countries moving to tax rates of below 20 per cent…
But the electricity crisis in South Australia had added urgency to economic conditions, said chief executive of the Committee for Adelaide Jodie van Deventer…
Mr Goodall said not only local businesses were putting off workers but resource companies such as Santos had cut jobs in South Australia. “There is pretty well daily stuff about businesses letting people go,” he said.
Nick Cater describes the giant experiment played on South Australia, now sliding back to the Third World:
It would be wrong to give State Labor Party Premiers Mike Rann and Jay Weatherill all the credit for turning South Australia into wackadoodle windmill world. We should recognise the contribution of those who egged the premiers on, like Al Gore, auteur of An Inconvenient Truth. When it came to showing leadership on renewable energy, said Gore, South Australia was “one of best examples of any state in the entire world”.
Neither should we forget the public servants who gave the premiers frank and fearless advice that was utterly bonkers. A wind-powered economy, premier? What a courageous idea.
When governments are capable of errors of judgment on this scale it’s little wonder the public has grown weary of experts. We should not be surprised at this distrust of politicians who outsource vital decisions to mediocrities and act on sentiment rather than evidence.
Weatherill called his aggressive pursuit of renewable energy “a bit of an international experiment” in an interview 14 months ago. “We have got to take risks to show what the future of community looks like,” he said.
Last week The Advertiser dispatched a reporter to the Adelaide Hills to discover what “the future of community” might mean after three major blackouts in the past six months. “We’re nervous about buying bulk meat,” said one resident. “We lose our water … we can’t have a shower because we run on tanks.” The fish shop in Hahndorf has grown used to throwing out stock. “You hear about Third World countries having power cuts,” says owner John Stanley. “What are we?”
Andrew Bolt writes for the Herald Sun, Daily Telegraph, and The Advertiser and runs Australia’s most-read political blog. On week nights he hosts The Bolt Report on Sky News at 7pm and his Macquarie Radio show at 8pm with Steve Price.