Tuesday, December 03, 2019


From farms and coal mines to airports and water supplies: How China is buying up millions of acres of land, vital infrastructure and companies - as part of its 'disturbing' plan to exert greater influence and control over Australia

This is just racist paranoia. China is not particularly targeting Australia.  It is buying up assets wherever it can worldwide.  And what harm is there in it?  China can't just pick up Australian farms and take them back to China.  And if they don't manage their assets commercially, they will send them broke, which is hardly what they would want.  They are in the business of acquiring assets, not destroying them.

So why the worldwide buying frenzy?  It's simple.  They may be communists but they are following orthodox Western economics.  Most economists are freaked by the huge issue of new American dollars that began under Obama and is continuing under Trump.  Such actions normally lead to inflation and in a sense MUST lead to inflation.   The inflation has been inexplicably delayed but the longer the unfunded spending  goes on the more likely it becomes. And inflation means that any greenbhacks you possess become steadily worthless.

So what would you do if you owned a trillion of such unsafe greenbacks?  China sells so much to America that they have earned greenbacks by the billion.  But just saving it is out of the question.  Even the banks don't do that.  They lend it out. The bubble  in the value of the dollar could burst any time and leave China with nothing in return for all the stuff they have sent to Amerrica.  So they need to spend it NOW while they can get worthwhile things with it -- things that will tend to retain their value.

They have been doing it for years. They put their trust in real things, not bits of printed paper.  So they told their millions of keen businessmen to buy overseas and their government would give them the dollars.  And they really ramped that up in the Obama years.  And they mostly like what they have got: Assets with  both a future and a present that will be a reliable store of value.

So why is Trump continuing the Obama excess?  Because he can.  He has a distinguished economics degree so he can analyse the situation for himself.  And he obviously thinks he can use the bubble while it lasts.  Just printing money instead of raising it in taxes has a lot of appeal to any politician.  Conservative econmists are squawking but Trump is ahead of them.  Just look at how he has revitalized the economy



China is buying up Australian land, infrastructure and businesses at an alarming rate as it seeks to project power and influence beyond its shores.

The communist nation of 1.4billion people owns an airport in Western Australia, nine million hectares of Australian land, several Aussie coalmines and wind farms and even the Port of Darwin, a key strategic asset.

China is also the largest foreign owner of Australian water and has projected soft power Down Under by planting Communist Party-approved Mandarin teachers in schools and universities.

Last week 'disturbing' stories emerged that China tried to install a spy as a federal MP - and it is also suspected of carrying out major cyber attacks on Parliament.

In November 2015, the Northern Territory government decided to lease the Port of Darwin - now known as Darwin Port - to a Chinese company for 99 years.

Landbridge Australia, a subsidiary of Shandong Landbridge, won the lease with its bid of $506 million.

The territory's Country Liberal Party government decided to lease the port - a key strategic asset because of its location at the top of the country - because it was desperate for investment in the absence of federal funds.

Executive director of the Australia Defence Association (ADA), Neil James, called the leasing of the base a 'seriously dumb idea'. And Labor MP Nick Champion called for the lease to be scrapped so the port can be returned to Australian control.

Land

China is the second largest foreign owner of land in Australia with Chinese companies in control of 2.3 per cent of the nation's soil.

Investors from the the United Kingdom own more with 2.6 per cent and buyers from the US are third with 0.7 per cent, according to the 2018 Register Of Foreign Ownership.

Most of the foreign-owned land is in Western Australia and the Northern Territory and is used for cattle farming.  

When the land register report was released in December, federal treasurer Josh Frydenberg said that foreign investment was important for growth.

But he also warned: 'It is important to ensure that foreign investment is not contrary to the national interest'.

SOURCE  





Cuddle-a-koala charity event to raise money for farmers is cancelled after Animal Justice Party said animals shouldn't be used to raise money for industry that kills livestock

A charity event organised to raise funds for struggling farmers has been cancelled after outrage from animal rights activists. 

The Cuddle-a-koala event was organised by members of Shoalhaven Zoo, on the south coast of NSW, at Warrawong Plaza for Saturday, Tuesday and Thursday.

The fundraiser would allow people to cuddle koalas and pat them while donating a gold coin for farmers suffering in drought conditions.

The money would go to the 'buy a bale' campaign to assist farmers in purchasing food for their animals.

Animal Justice Party Illawarra regional group leader Julie Power said the event would 'traumatise' the animals. 'Koalas are wild animals,' she told The Illawarra Mercury.  'They should not be wheeled out in front of large crowds to be touched, poked and prodded for profit, no matter the cause.

'It must also be recognised that this event promotes traumatising animals to raise money for the cruel animal agriculture industry, who we know abuse and slaughter animals on a daily basis.

'Events such as this don't provide meaningful or natural interaction.' 

On Friday, the zoo announced the event was cancelled due to 'unforeseen circumstances'. 'Unfortunately due to unforeseen circumstances we have had to cancel our Koala experience,' they wrote on Facebook.

'We are still holding our Buy a Bale fundraiser to raise money for our drought stricken farmers. 'So if you would like to donate and put your hay bale sticker on the wall visit Concierge this weekend.'

A spokeswoman would not confirm to the publication that the cancellation was due to the criticism from the animal rights activists.

SOURCE  





Qld graziers [ranchers] take coal mine fight to court

It sounds like they have got a case but Greenies are such liars that you cannot tell

Conservationists have launched a court battle against Clive Palmer's proposed Queensland coal mine, saying it will destroy wildlife and and impact graziers.

The owners of the 8000-hectare Bimblebox Nature Refuge in central Queensland filed an objection to Waratah Coal's proposed mining project in the Galilee Basin on Monday in the Land Court in Brisbane.

Co-owner Paola Cassoni says Mr Palmer wants to build a mine that will destroy a nature reserve where more than 150 bird species, including the endangered black-throated finch, and other wildlife have been observed.

She said contracts were signed with the Commonwealth and Queensland governments about 20 years ago enabling the development of the conservation-based grazing property.

"We will fight to save this invaluable island of remnant woodland," she said in a statement. "We cannot stand by and allow the trashing of nature for coal."

Environmental Defenders Office CEO David Morris, acting for the Bimblebox owners, said the project would destroy about half the nature refuge which also operates as a cattle station.

"The project consists of two open-cut pits and four underground mines that will totally destroy roughly 50 per cent of the nature refuge and cut underneath the remainder, leaving it in ruins," Mr Morris said.

"It will have a huge impact on local graziers and destroy a private conservation reserve that is one of the largest tracts of intact woodland in Queensland and home to hundreds of species, many of which are rare or endangered."

The matter will be heard in the Land Court at a later date.

SOURCE  






Australia is doing well at adaptation to the threat of climate change

It’s not surprising that the continuing drought, the driest ever for many parts of the country, record temperatures and the early and explosive start of the bushfire season have increased public concern about climate change and triggered accusations the government is failing to prepare communities for these growing hazards.

While it is true that government responses are lagging in Australia, as they are in most other countries, the Morrison government is doing more to build Australia’s climate resilience than its critics (or even the government itself) may realise. That’s because many of its initiatives are not branded as “climate change” and are embedded in the bureaucratic silos of government departments that have other mandates.

Some examples of this include the $5bn Future Drought Fund, the $4.5bn Roads of Strategic Importance Initiative, the $3.9bn Emergency Response Fund, the $1.5bn National Water Infrastructure Development Fund, the $130m National Disaster Risk Reduction Framework, and the Disaster Recovery Funding Arrange­ments, each of which provides very significant funding for activities to strengthen resilience to floods, droughts and other climate-related hazards that climate change is amplifying.

The problem is that this lack of integration at whole-of-government level is creating inefficiencies that we can ill-afford in a rapidly changing climate.

The Department of Environment and Energy co-ordinates the National Climate Resilience and Adaptation Strategy, but the strategy is not integrated with the Department of Home Affairs’ National Disaster Risk Reduction Framework, even though more than 90 per cent of all disasters are from hazards, such as floods and droughts, that climate change is worsening.

Similarly, the $100bn National Infrastructure Investment Program in the Department of Transportation, Cities and Regional Development, could be better leveraged to build regional and local resilience to climate hazards.

The ADF and the Australian aid program should also be key elements of a coherent national approach.

As we are already seeing, our military will increasingly need to be called upon to support disaster response within Australia and to respond to regional disasters, territorial disputes, and people movements driven by food instability and other climate-related disruptions. Careful targeting of the aid program’s $665m of development assistance for resilience-building can support both our humanitarian and national security objectives, decreasing the need for ADF responses to some of these emerging challenges.

We must bring together this significant ongoing work more coherently.

The recent Independent Review of the Australian Public Service, submitted to the Prime Minister last September, suggests a useful way forward. The review highlighted the key role of the APS Secretaries Board in driving policy across portfolios and explored options to strengthen the governance and resourcing of the board to drive delivery of whole-of-government outcomes. Building Australia’s resilience in the face of our changing climate is exactly the sort of cross-departmental challenge that would benefit from the board’s leadership.

Preparing a more coherent national approach would also make it easier to identify gaps that need to be addressed. A few already stand out. The federal government has no legislated authority ­defining its role, powers and responsibilities in responding to catastrophic natural disasters. This will become increasingly problematic in a rapidly warming climate. Governments in Canada and the US have this authority, even though they too have federal systems that vest the primary responsibility for responding to natural disasters at a state level.

Greater attention should also be devoted to mainstreaming disaster risk reduction across all of the commonwealth’s investments and we need to begin thinking more deeply about the implications for communities that are, or will soon be, in chronic crisis, including options such as managed retreats, land swaps and financial incentives for farmers to transition to other livelihoods.

Notwithstanding the polarising political rhetoric, there is strong bipartisan support for initiatives to build Australia’s resilience to climate hazards. Both major parties, for example, supported passage of the Future Drought and Emergency Response funds.

Given the increasing impact disasters are having on Australian communities, it is in our national interest for this bipartisan approach to become stronger, more visible and explicit. As this happens, it may also help to unlock opportunities for bipartisan efforts in other, more politically challenging, but fundamentally important areas, such as climate change mitigation.

SOURCE  

 Posted by John J. Ray (M.A.; Ph.D.).    For a daily critique of Leftist activities,  see DISSECTING LEFTISM.  To keep up with attacks on free speech see Tongue Tied. Also, don't forget your daily roundup  of pro-environment but anti-Greenie  news and commentary at GREENIE WATCH .  Email me  here


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