NAT&#039;S THOUGHT BUBBLES taking hold of LIBERALS

Originally posted by stayer: ↑

Whilst a LNP supporter, I am somewhat alarmed at events in the past few months

Littleprouds caning of the Supermarket "rip off's" is put into perspective by today's Coles report... profit of 2.5% margin odd after tax .
Even worse, the scatterbrained idea of divestiture! Given the low margins, huge distances and logistical challenges, you wouldn't have to be a sharp investment analyst to see how any disruption to these distribution chains could easily eat into a slim margin, and hence actually lead to price increases. Moreso, in rural towns many of the Coles and Woolies stores are likely loss makers and serve to help keep prices down in Rural towns (not talking small or isolated communities). They are likely involved in a predatory pricing breach, but sort of works as a community benefit! Many people from smaller Rural towns travel to shop in these stores also.

The Nuclear thing, whilst interesting and may be the way to go, but seemed poorly thought through and planned.. it will still mean a lot of renewables, yet is sold in rural areas as a way to stop the march of renewables.

Now so called "big box" retailers are in the sights of the Nats! Whatever for??....All this is forgetting that Amazon, EBAY, Temu etc are extremely large and vicious competitors of Australian companies ...and none of them pay any tax Here...not even Aldi!!.....One wonders if many of the overseas companies mentioned here are involved in Predatory pricing!

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The Dud's nuclear brain fart doesn't stack up.

By his own admission nuclear will only be there to back up renewables . He said so in his press conference.

The sites that he suggested they commandeer will only supply about 10% of the grid load at best .

So all those renewables and transmission lines he is criticising Labor about will be required under a COALition plan anyway .

Nuclear power would do little to reduce need for renewables: report
Adding nuclear power into Australia’s energy mix would only reduce the country’s expansion in solar power capacity by 7 per cent and require 12 per cent less wind power capacity, an economic analysis has found.

Installing 7 gigawatts of nuclear power capacity would mean only moderate reductions in the build-out required in renewables by 2050 to reach net-zero emissions, research organisation BloombergNEF found, also warning it would be “far more expensive”

https://www.copyright link/companies/energy/nuclear-power-would-do-little-to-reduce-need-for-renewables-report-20240627-p5jpd4