More fun and games in Canberra, with mining magnate Clive Palmer announcing both his plans to run for parliament and the construction of the Titanic II. |
The ALP gained further respite this week following the
surprisingly large interest rate cut on Tuesday. Something I don’t understand
is why governments (not just the current one) claim, and are allowed to claim
credit when interest rates drop, and conversely are attacked when they are
raised. The Reserve Bank of Australia
monitors the official cash rate, and is of course independent of the Federal
Government. Even more bizarrely, the cutting of interest rates is a sign of a
struggling economy, so why does everyone express their relief? I don’t want to
come across all Joe Hockey, but perhaps he was right in suggesting people
should stop living beyond their means, especially when a new study suggests
that we think we are entitled to more than we have. Labor were further aided
this week, though not off their own bat, thanks to Tony Abbott’s eyebrow
raising call for former mendicant state WA to receive a greater share of GST
revenue, and by Indonesian government officials for slamming the Coalition’s
immigration policy as “arrogant” and “rigid”.
It seems to me that neither party at the moment really has
to do anything to put its opponent under pressure, they are more than capable
of doing it to themselves whenever they opening their mouths.
State political journalists had their day in the sun this
week with the release of the Victorian State Budget. In the typical style of
the Baillieu Government, it was mostly inoffensive, yet is unlikely to do
anybody any real good. The main sore points were the axing of more public
sector jobs and the slashing of education funding. The public service is a bit
of a free target for governments, with the response to the cutting of more than
4000 jobs barely ripple compared to the reaction following losses of smaller
numbers from the manufacturing industry. There is a worthy increase in the
funding for vulnerable children, as well as the usual funding for infrastructure
(read roads). Everything else is pretty much as you were. Of course what must
be noted is that the state is facing a period of, in not recession, slow
economic growth and falling revenue somewhat limited Treasurer Kim Wells, as
did the government’s unshakable commitment to producing a surplus. State
governments never really worried about budget surpluses or deficits according
to Prof Brian Costar, but it apparently now has become an electoral issue. I
tend to agree; I’d much rather a government spend our money to improve our
lives, even to the point of running a deficit, rather than have a government
take austere measures and increase traffic fines just to balance the books. The
Baillieu Government has been described as a “do nothing government” as this budget
does nothing to change that impression.
But while analysts and political reporters were going over
the budget with a fine-tooth comb, Melburnians were discussing a far more
serious issue: footy. It five rounds in, at the natives are starting to get restless.
The big issues again this week were the Match Review Panel and the standard of
the football broadcast on Channel Seven. The weekly lottery of suspensions,
reprimands and no charges included Geelong star Joel Selwood in a friendly
exchange with Lion Andrew Raines, his brother Scott as a victim and an apparent
case of false charges against Saint Leigh Montagna. The most controversial was the Selwood-Raines
exchange, with Selwood no charged with landing the first blow, while Raines was
suspended for returning fire. When added to Daniel Jackson suspension for an
apparently legitimate bump on Scott Selwood, some cynics (me included)
suggested that the Selwood’s were a protected species in the AFL. The AFL’s
overruling of the ‘independent’ review panels decision to suspend Montagna
completed this week’s circus. On the
broadcasting front, I won’t say much; I’ll leave it to Rohan Connolly and the
legion of commenters. But here are some examples of what the coverage used to
be like. What I think is left unsaid though is that Melburnians again are
uncomfortable with the idea of two non-Victorian clubs at the top of the
ladder. Not that they’d admit to it. What they say instead is that they are now
“credible” premiership chances, or we now “have to take them seriously”. It
makes me wonder why we bothered with a national competition.
One final thing I’ll round off on is the latest worldwide figures
regarding sporting club's wealth and attendance figures. The AFL ranked 3rd
for average attendance, which I think is remarkable given the size of
Australia’s population, and the much larger finances of other clubs and leagues
around the world.
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