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There have been all sorts of interpretations of this issue in the media.
The following chart shows national and interstate differences. Note that Western Australia and the Northern Territory are not supplied by the National Electricity Market.
source: Energy Supply Association of Australia
All sides have recently blamed heavy investment in ‘wires and poles’ as a principal component in the pre-carbon tax increases. But this is only part of the story.
In October 2012 flew to India and Nepal with Thai International and so had stopovers in Bangkok in both directions. On our way we had a few days to have a look around.
A Short Story
"She’s put out a beer for me! That’s so thoughtful!"
He feels shamed, just when he was thinking she takes him for granted.
He’s been slaving away out here all morning in the sweltering heat, cutting-back this enormous bloody bougainvillea that she keeps nagging him about. It’s the Council's green waste pick-up tomorrow and he’s taken the day off, from the monotony of his daily commute, to a job that he has long since mastered, to get this done.
He’s bleeding where the thorns have torn at his shirtless torso. His sweat makes pink runnels in the grey dust that is thick on his office-pale skin. The scratches sting, as the salty rivulets reach them, and he’s not sure that he hasn’t had too much sun. He knows he’ll be sore in the office tomorrow.
Thomas Carlyle coined this epithet in 1839 while criticising Malthus, who warned of what subsequently happened, exploding population.
According to Carlyle his economic theories: "are indeed sufficiently mournful. Dreary, stolid, dismal, without hope for this world or the next" and in 1894 he described economics as: 'quite abject and distressing... dismal science... led by the sacred cause of Black Emancipation.' The label has stuck ever since.
This 'dismal' reputation has not been helped by repeated economic recessions and a Great Depression, together with continuously erroneous forecasts and contradictory solutions fuelled by opposing theories.
This article reviews some of those competing paradigms and their effect on the economic progress of Australia.