Ian Hanke

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Ian Hanke

Ian Hanke

@IanHanke

I enjoy cigars, red wine and sailing.....but I am not smoking or drinking at the moment and I haven't got a yacht at this time either..so life is a bit grim!

Australia Katılım Mayıs 2009
761 Takip Edilen1.7K Takipçiler
Ian Hanke
Ian Hanke@IanHanke·
@SincDavidson @themetresgained I agree. No econonist i read these days even knows what money supply is, let alone its impact. Labor economist simply refise to ackowlwdge the neasure because to do so would undermine their ta , borrow spend philosophy
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$in¢lair Davidson
$in¢lair Davidson@SincDavidson·
@IanHanke @themetresgained No. Inflation is about the value of money falling. Cutting taxes in itself can never cause inflation. Expanding the money supply beyond the productive capacity of the economy causes inflation.
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Trish 🐻
Trish 🐻@themetresgained·
Cutting the fuel excise was a dumb idea when the federal Liberals advocated it, dumb when Jess Wilson advocated it, dumb when Jacinta Allan advocated it and dumb now Albo has done it. We should let price signals work. Thank you for coming to my TED talk.
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Ian Hanke
Ian Hanke@IanHanke·
@JohnAndersonAC Not behind tariffs and not with subsidies except in strategic industries for a limited time. The real success is to rebuild by deregulating and establishing tax and labor systems that enhance our competitive advantages. In the process never disadvantage the consumer
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John Anderson AC
John Anderson AC@JohnAndersonAC·
Australia must reindustrialise after the Iran war. It may be costly, but there is a greater price tag attached to the prospect of letting critical industries lapse and leaving the country vulnerable to global supply chain disruptions. Further, the private sector must given freedom of energy choice. Otherwise, we must not be surprised when investors take their capital elsewhere, just as BHP has demonstrated by snubbing their expansion plans in South Australia. Link to article in comments.
John Anderson AC tweet media
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Ian Hanke
Ian Hanke@IanHanke·
New export opportunity for the debt encumbered Victorian gov. Crank up the virually unused de-salination plant to max capacity of 200 gigalitres. Repurpose unused oil tanker for bulk fresh water and sell into thw middle east. Or bottle it and sell at a premium!
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𝐌𝐚𝐭𝐭 𝐏𝐢𝐧𝐧𝐞𝐫
𝐌𝐚𝐭𝐭 𝐏𝐢𝐧𝐧𝐞𝐫@Matt_Pinner·
Who’s the most famous person you’ve ever spoken to? Not “seen from far away” — actually talked to, even for a minute. A quick hello, a handshake, a normal conversation… and you still remember it. Who was it?
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Ian Hanke
Ian Hanke@IanHanke·
@swrighteconomy Can you explain why with auto fuel reoresenting 3.4% of rhe CPI basket thatactually reducing petrol costs is inflationary. Even with the excise cut of 26c people woll still be paying more for fuel than four weeks ago.
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Ian Hanke
Ian Hanke@IanHanke·
@LoughnaneB True, but Australia hardly has the force projecrion necessary to fill or even partially fill that vacuum
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Brian Loughnane
Brian Loughnane@LoughnaneB·
“Lunch with former Deputy Prime Minister John Anderson, who supported Australia's longest-serving Howard administration, and an interview. In addition to the story from the young lady who visited Japan on an exchange program, the following points of agreement”: ● The maturity of Japan-Australia relations is the greatest success story in the Indo-Pacific region since World War II ● With U.S. forces now diverted to Iran, it is Japan and Australia that should sound the alarm on the resulting power vacuum.
Ambassador YAMAGAMI Shingo@YamagamiShingo

豪州最長のハワード政権を支えたジョン•アンダーソン元副首相と昼食、インタビュー。 交換留学で訪日した令嬢のお話に加え、以下で意見が一致。 ●日豪関係の成熟は、第二次大戦後のインド太平洋地域での最高の成功物語 ●米国の勢力がイランに割かれている今、力の空白に警鐘を鳴らすべきは日豪。

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James Morrow
James Morrow@pwafork·
To put it in perspective the budget hit the government is going to take letting you keep a bit more money at the pump could pay for … 17 days of the NDIS.
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Ian Hanke
Ian Hanke@IanHanke·
Auto fuel is given a weighting of abt 3.4% in the CPI basket of goods. So if petrol goes up as it is now so will inflation. That's why i am bemused with commentators saying cutting the excise by 26 cents is inflationary. How is that when it is cutting fuel costs?
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Claire Lehmann
Claire Lehmann@clairlemon·
Moira Deeming is a national hero. The Victorian Libs are beyond help.
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Ian Hanke
Ian Hanke@IanHanke·
Price comparisons: 1 litre of sparkling water ~ $2 1 litre of diesel ~ $3. 1 pint of beer ~ $15. Things are seriously askew.
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Ian Hanke
Ian Hanke@IanHanke·
Iran is already tolling tankers. The world will see wholesale change to the oil industry, including i susp3ct the end of oil being priced almost exclusively in US dollars.
Abigail Hauslohner@ahauslohner

US @SecRubio told G7 the US is NOT expecting the Strait to re-open 2 traffic as usual by end of war. "After this thing ends...one of the immediate challenges we’re going to face is an Iran that may decide that they want to set up a tolling system in the Strait of Hormuz” 1/

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Ian Hanke
Ian Hanke@IanHanke·
@ChrisEconomist Keating used to avow that "good policy is good politics" Mind you he did get it right a fair bit of the time. But he was right.
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Ian Hanke
Ian Hanke@IanHanke·
@shashj @Nadav_Eyal Energy strikes act not against the regime, but the populace. It is akun to Russisn arracks on Ukraine's energy assets. Basically energy terrorism designed to make the populstion cower. It us wrong in Ukraine and would be wrong in Iran even though for different purposes.
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Shashank Joshi
Shashank Joshi@shashj·
@Nadav_Eyal And once energy strikes occur, and Hormuz remains closed & the regime in place, then what will be the next escalatory step deemed necessary to 'reset' Tehran's calculus? At what cost would this escalation come to Gulf energy interests & to the world economy?
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נדב איל Nadav Eyal
נדב איל Nadav Eyal@Nadav_Eyal·
Exclusive- Israeli officials I speak with admit Iran’s core perception may be decisive: Tehran believes it is winning this war. When Iran agrees to a “gesture of goodwill” in Hormuz, it doesn’t see a concession- it sees recognition of its control. They say the leadership- operating under pressure and isolation - has only a partial picture of the damage inside Iran, reinforcing that confidence. Some now argue only a sharper escalation, including energy targets, can reset that calculus. This view has been presented to both American and Israeli decision-makers. Read my latest here, (and sign up to my substack): nadaveyal.com/p/irans-danger…
נדב איל Nadav Eyal tweet media
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Ian Hanke
Ian Hanke@IanHanke·
@ChrisEconomist The issue is that EVs in Australia make no difference to climate change, in fact the whole emmissions reduction programme makes vitually no difference to global enmissions. So i agree, no tax breaks for EVs and they should be charged an equivalent per kilometre fuel tax too
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Chris Richardson
Chris Richardson@ChrisEconomist·
To point out the obvious, the war in the Middle East creates enormous incentives in favour of EVs The Productivity Commission has long called out the FBT loophole for EVs as a way more expensive way to fight climate change than a range of other policies It isn't a good policy - it's a "feel good" policy 😒
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Chris Richardson
Chris Richardson@ChrisEconomist·
AAAAGGGHHH BY... There's a battle for the budget underway in Canberra right now I have long loved Don Russell's description of the 2 types of pollies - DOERS and PLEASERS The PLEASERS are winning, and the risk that the coming budget is a huge lost opportunity is rising 😔
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Ian Hanke
Ian Hanke@IanHanke·
@Imresal @jrhennessy @MarkDiStef I can remember a stunt where we had pollies at the petrol bowser selling discounted fuel due to our policy. We promoted it for a day, got v good coverage and even when our discount off finished the people in line still paid the normal rate.
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james hennessy
james hennessy@jrhennessy·
classic scenario depicted here. love squadding up at the pump
james hennessy tweet media
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Keşfet

@SincDavidson @themetresgained @JohnAndersonAC @amandavanstone @Matt_Pinner @swrighteconomy @LoughnaneB @clairlemon