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  • PM Julia Gillard ‘slapped down’ at G20 summit by the President of the European Commission Jose Manuel Barroso

    PM Julia Gillard ‘slapped down’ at G20 summit by the President of the European Commission Jose Manuel Barroso

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    Julia Gillard

    Slapped down at G20 Summit… PM Julia Gillard Source: The Daily Telegraph

    THE PM has been publicly slapped down at the G20 summit by the President of the European Commission for lecturing Europe on how to solve its economic crisis.

    In an embarrassing swipe at the PM, on the first day of the official meeting of leaders gathered at the Mexican luxury resort region of Los Cabos, EC President Jose Manuel Barroso said he would not be lectured by anyone.

    “Frankly, we are not coming here to receive lessons in terms of democracy or in terms of how to handle the economy,” he said.

    Yesterday the PM drew fire from business leaders attending the high powered talk fest, after telling Europe it should take lessons from Australia on how to manage an economy.

    “While we acknowledge that every country faces its own unique circumstances, we do believe there are some lessons for the world in the Australian way.”

    But the leader of the Eurozone, the single largest economic bloc in the world, appeared angered by middle sized economies such as Australia giving it gratuitous advice.

    Ms Gillard immediately sought to defuse the row and issued a statement claiming she “welcomed the steps Europe had taken to address its economic challenges”.

    It was a stark contrast to a letter and speech delivered the day before the conference began in which she demanded Europe act to stop the world sliding into recession and offered Australia as a model of fiscal rectitude.

    In a comment that is now likely to split the G20 meeting and dominate discussions over the coming days, Mr Barroso said it was not Europe’s fault it was in such a mess. He blamed the US.

    “By the way this crisis was not originated in Europe,” he said at the beginning of the two day summit.

    “Seeing as you mention North America, this crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices, from some sectors of the financial market.”

    While it was expected the summit would focus on solutions to the Eurozone crisis, it descended into a slanging match only hours before the official talks were due to begin.

    European Council president Herman Van Rompuy echoed Mr Barrosa’s stinging remarks , saying The G20 statement was worded to provide support and encouragement for Europe.

    “We are not the only ones that are so-called responsible for the current economic problems all over the world,” he said.

    “Reforms take time. We are correcting internal imbalances and a lot of other countries have to correct their huge external imbalances, but we understand that correcting the external imbalances that takes also time.”

    Debate at the summit is now expected to centre around Germany’s demands for continued austerity and pro-growth voices.

    Ms Gillard has claimed that Australia’s economic story proved you could do both through “responsible fiscal” settings.

    European Council president Herman Van Rompuy, speaking alongside him, said the draft G20 statement showed “support and encouragement for the euro area countries and leaders and for the European Union as a whole to overcome this crisis.”

    “We are not the only ones that are so-called responsible for the current economic problems all over the world,” he said.

    Earlier today, the PM found one billionaire she was happy to support when she announced she announced Australia would join Bill Gates, UK Prime Minister David Cameron and Canada’s Stephen Harper, to rid the world of famine by offering grants to countries that improve their food production.

    In a side meeting to the G20 summit of world leaders gathered at the seaside resort Gion of Los Cabos, Mexico, the PM struck an agreement for a $100 million global food security fund to help starving nations.

    Ms Gillard said Australia would contribute $20 million to the World Bank initiative.

    Italy and the US would also provide funds alongside the Bill and Melinda Gates to a program of incentives for countries to improve food production and quality.

    34 comments on this story

  • Gay marriage vote on hold

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    Gay marriage vote on hold

    Supporters of same-sex marriage are delaying a final vote in federal parliament hoping to shore up their numbers.

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    ADVOCATES of same-sex marriage accept Parliament will defeat two bills later this year calling to legalise gay marriage but believe public pressure will ultimately prevail.

    The Finance Minister, Penny Wong, one of the strongest proponents for a change to the Marriage Act, said yesterday that change would come.

    ”I think the campaign is not going to go away because, ultimately, it’s a campaign for people’s equality,” she said.

    Same-sex marriage... proponent Penny Wong believes change will come.

    Same-sex marriage … proponent Penny Wong believes change will come. Photo: Andrew Meares

    A seven-member parliamentary committee split 4-2 against same-sex marriage yesterday with one abstention as it handed down a report which contained no recommendations, only information for all politicians to use to inform their final decision.

    The committee chairman and Labor MP, Graham Perrett, along with fellow Labor MP Laura Smyth, favoured gay marriage while Liberal MPs Sharman Stone and Ross Vasta, and Labor’s Mike Symon and Shane Neumann opposed it.

    The other member, the Liberal moderate Judi Moylan, gave no separate opinion.

    Because both pieces of legislation are private members bills, time set aside to debate them is limited and no vote is expected until the end of this year at the earliest.

    Priority will be given to the bill introduced by the NSW Labor MP Stephen Jones. The other is a Greens bill, sponsored by Adam Bandt.

    ”We’re short of the numbers at the moment but anything could change,” Mr Jones said.

    The Prime Minister, Julia Gillard, will vote against gay marriage but has allowed Labor MPs a conscience vote. Number crunchers estimate about 36 of the 70 Labor MPs will vote for same-sex marriage while 10 to 15 are undecided and the rest will vote against.

    Tony Abbott will not allow a conscience vote and all Coalition MPs are required to vote against same-sex marriage. Backbenchers can cross the floor but any frontbencher who does so would have to resign from the shadow ministry.

    Mr Bandt, who will hold off on his bill until later this year or next year, said the delay between the start of debate and the final vote would be used to increase public pressure on political leaders, especially Mr Abbott, to have a change of heart.

    ”I’m optimistic of achieving reform within the life of this Parliament with some more discussion and more persuasion,” he said.

    Parliament’s standing committee on social policy and legal affairs received a record 276,437 responses to an online survey it conducted as part of its inquiry.

    Church groups and the Australian Christian Lobby have fiercely campaigned against gay marriage, despite Labor’s bill exonerating the churches and any other religious groups from having to marry gay people.

    Mr Perrett, who holds a marginal Queensland seat, said ”it is important to remember that God did not write the Marriage Act”.

    With public opinion polls consistently showing majority support for same-sex marriage, Mr Perrett said it was incumbent upon MPs to respond to growing public support ”by categorically opposing laws that legitimise discrimination”.

    Ms Stone and Mr Vasta said the Liberals had promised before the federal election not to legalise gay marriage.

    ”I do not accept that the view towards marriage has changed since the 2010 federal election,” Ms Stone said.

    twitter Follow the National Times on Twitter: @NationalTimesAU

    Read more: http://www.smh.com.au/opinion/political-news/samesex-marriage-vote-heads-for-defeat-20120618-20ka6.html#ixzz1yC4d1McY

  • The great rail infrastructure rip-off

    EcoTransit Sydney’s Gavin Gatenby shows that new rail infrastructure costs in New South Wales have spiralled out of control over the last decade … to the point where prices are several times greater…
    00:09:56
    Added on 12/06/2012
    698 views

    G’day Neville,
    Following up on yesterday’s chatter about VFT and infrastructure cost this youtube link is explosive,  just gobsmacking stuff.

    http://www.youtube.com/watch?v=d0kIYfx0fRI
    Apologies if you have already seen it (or sent me an email I’m yet to find) as obviously it is getting a lot of attention (so far I’ve found about eight separate emails from while I was away saying I should watch this).  They are not wrong, this is a must watch.
    With the numbers that Gavin Gatenby gives for the Ghottenburgh tunnel high-speed rail-lines under the mountains look very plausible option now.

  • Shell to Invest $300 Million on LNG Refuelling Station Network

    Shell to Invest $300 Million on LNG Refuelling Station Network

    Posted: 15 Jun 2012 03:01 PM PDT

    In an attempt to entice owners of trucking fleets to invest in trucks that run on super chilled natural gas the oil major Royal Dutch Shell is set to invest more than $300 million on creating a series of liquefied natural gas filling stations across the US.James Burn, Shell’s manager of LNG transportation fuels, said that they will develop 200 LNG pumps across 100 Travel Centers of America refuelling stations in such a way as to allow LNG trucks to travel throughout the whole US. Burns said that trucking companies are reluctant to invest…Read more…

  • Myth of Perpetual Growth is Killing Us All.

    Myth of Perpetual Growth is Killing Us All.

    Everything you think you know about economics … is wrong. Dead wrong. And until economics acknowledge this, the discipline is on a self-destruct path.

    Why? The science of economics is not science. Yes, it looks scientific with all the fancy math algorithms and computer models that economists use, but all that’s just window dressing to make the economist look scientific and rational.

    They’re not. Their conclusions are pre-ordained, fabricated, based on their biases, personal ideologies and whatever their employer wants to prove to manipulate consumers, voters or investors to buy what they’re selling.

    Because all economics is based on the absurd Myth of Perpetual Growth. Yes, all theories and business plans based on growth are mythological.

    Economists are master illusionists who rely on a set of fictions, fantasies and forecasts that emanate from a core magical mantra of Perpetual Growth that goes untested year after year.

    And yet it’s used to manipulate the public into a set of policies and decisions that are leading the American and the world economy down a path of unsustainable globalization and GDP growth assumptions that will self-destruct the planet.

    Click here for another version of Schumacker’s “Small is Beautiful”.

  • Revealed: busiest trains hit by delays

    Revealed: busiest trains hit by delays

    Jacob Saulwick

    June 18, 2012

    Failure to achieve better on-time running can be annoying for commuters.

    Failure to achieve better on-time running can be annoying for commuters. Photo: Tamara Voninski

    ONLY half of Sydney’s busiest peak-hour trains run on time when using a tougher measure of train delays, a leaked internal analysis by RailCorp shows.

    The documents show just 46 per cent of trains run within two minutes of their timetable on CityRail’s Western Line in the busiest hour of the morning.

    The result is a far cry from RailCorp’s published statistics showing more than 90 per cent of trains run on time, based on a more relaxed definition of trains arriving up to five minutes late.

    The failure to achieve better on-time running can be annoying for commuters waiting for trains.

    But in the peak hours, when trains are scheduled frequently, late-running trains prevent RailCorp from running extra trains needed to reduce Sydney’s chronic overcrowding.

    RailCorp’s analysis of on-time running for the first three months of this year, obtained by the Herald, shows a gulf between the published statistics and an efficient network that allows the maximum number of trains to service the rush hour.

    The figures show that during the 7.30am-8.30am peak hour for trains on the Western line, 90 per cent of trains run on time if based on a five-minute measure.

    But on a three-minute measure the proportion drops to 66 per cent; on a two-minute measure it drops to 46 per cent; and on a one-minute measure it drops to 21 per cent.

    Over the peak three-hour period in the morning, the figures are slightly better but well short of optimum levels.

    RailCorp changed the definition of ”on-time-running” from three minutes to five minutes when it slowed the timetable in 2005. The move was criticised by Barry O’Farrell, who is now Premier, saying the trains were only running on time because RailCorp had changed the benchmark.

    Shortly before and after the Olympics in Sydney in 2000, the rail network reported 90 per cent on-time running using the old three-minute measure.

    Now trains in the morning peak are already so crowded they make even the more relaxed five-minute definition difficult to achieve, because passengers take so long to board and alight.

    The Herald reported last week Transport for NSW is preparing plans to radically simplify CityRail’s train operating patterns to free up capacity on the Western Line, allowing more trains to run at crucial times.

    The plans include running Richmond Line trains to Campbelltown instead of to the city and terminating Epping to the city trains via Strathfield at Central.

    The idea behind the plans is to prevent trains from other rail lines joining the Western Line, which runs between Penrith, Blacktown, Parramatta and Central.

    This would improve the capacity of the Western Line to run a reliable 20 trains or more an hour on the line but it would also force more commuters to change onto these services if they wanted to continue all the way through into the city.

    Asked about the leaked internal analysis of on-time running, the Transport Minister, Gladys Berejiklian, said she knew customers wanted more frequent and reliable services.

    ”We are also working on a new timetable and it will be released at the end of 2013 with the aim of providing more express or semi-express services for customers travelling longer distances, including on the Western Line,” she said.

    ”In addition to the overhaul of the timetable we are looking at better ways to provide customers with real-time information and other important measures like journey times.”

    ❏ The government began a trial of selling space for advertising on the side of CityRail trains at the weekend. Advertisements for Emirates are being displayed on the outside carriages of two Tangara trains.

    Read more: http://www.smh.com.au/nsw/revealed-busiest-trains-hit-by-delays-20120617-20ick.html#ixzz1y8WkMb9L

    Jacob Saulwick

    June 18, 2012

    Failure to achieve better on-time running can be annoying for commuters.

    Failure to achieve better on-time running can be annoying for commuters. Photo: Tamara Voninski

    ONLY half of Sydney’s busiest peak-hour trains run on time when using a tougher measure of train delays, a leaked internal analysis by RailCorp shows.

    The documents show just 46 per cent of trains run within two minutes of their timetable on CityRail’s Western Line in the busiest hour of the morning.

    The result is a far cry from RailCorp’s published statistics showing more than 90 per cent of trains run on time, based on a more relaxed definition of trains arriving up to five minutes late.

    The failure to achieve better on-time running can be annoying for commuters waiting for trains.

    But in the peak hours, when trains are scheduled frequently, late-running trains prevent RailCorp from running extra trains needed to reduce Sydney’s chronic overcrowding.

    RailCorp’s analysis of on-time running for the first three months of this year, obtained by the Herald, shows a gulf between the published statistics and an efficient network that allows the maximum number of trains to service the rush hour.

    The figures show that during the 7.30am-8.30am peak hour for trains on the Western line, 90 per cent of trains run on time if based on a five-minute measure.

    But on a three-minute measure the proportion drops to 66 per cent; on a two-minute measure it drops to 46 per cent; and on a one-minute measure it drops to 21 per cent.

    Over the peak three-hour period in the morning, the figures are slightly better but well short of optimum levels.

    RailCorp changed the definition of ”on-time-running” from three minutes to five minutes when it slowed the timetable in 2005. The move was criticised by Barry O’Farrell, who is now Premier, saying the trains were only running on time because RailCorp had changed the benchmark.

    Shortly before and after the Olympics in Sydney in 2000, the rail network reported 90 per cent on-time running using the old three-minute measure.

    Now trains in the morning peak are already so crowded they make even the more relaxed five-minute definition difficult to achieve, because passengers take so long to board and alight.

    The Herald reported last week Transport for NSW is preparing plans to radically simplify CityRail’s train operating patterns to free up capacity on the Western Line, allowing more trains to run at crucial times.

    The plans include running Richmond Line trains to Campbelltown instead of to the city and terminating Epping to the city trains via Strathfield at Central.

    The idea behind the plans is to prevent trains from other rail lines joining the Western Line, which runs between Penrith, Blacktown, Parramatta and Central.

    This would improve the capacity of the Western Line to run a reliable 20 trains or more an hour on the line but it would also force more commuters to change onto these services if they wanted to continue all the way through into the city.

    Asked about the leaked internal analysis of on-time running, the Transport Minister, Gladys Berejiklian, said she knew customers wanted more frequent and reliable services.

    ”We are also working on a new timetable and it will be released at the end of 2013 with the aim of providing more express or semi-express services for customers travelling longer distances, including on the Western Line,” she said.

    ”In addition to the overhaul of the timetable we are looking at better ways to provide customers with real-time information and other important measures like journey times.”

    ❏ The government began a trial of selling space for advertising on the side of CityRail trains at the weekend. Advertisements for Emirates are being displayed on the outside carriages of two Tangara trains.

    Read more: http://www.smh.com.au/nsw/revealed-busiest-trains-hit-by-delays-20120617-20ick.html#ixzz1y8WkMb9L