Hey boss, I was just at woollies. Seemed pretty busy. I thought they were good get cancelled over that whole Australia day thing?

Preposterous.

CEO doesn’t make decisions about what product lines to discontinue. He didn’t create the Australia day thing.

Of course you fire the CEO before the enquiry, so you can divert blame during the enquiry. “Oh yeah maybe we did some bad stuff but it’s all fixed now”.

Woolworths is not “finding out”. They are, and will continue to be, one of our largest and most lucrative retailers. Seriously. How do you think Duttons boycott is going? Do you think product managers regret discontinuing the Chinese plastic flags?

Just as it was a month ago, any assertion that Woolworth has made a mistake in discontinuing Australia day merch is just absurd.

Frankly, I’m genuinely surprised you’re still fretting about it.

You really think he’s quit over cancelling product lines? Weren’t you predicting Woolworths would collapse over that or something?

It’s a pretty predictable response to the competition enquiry about to ramp up over the next few months. Outgoing CEO gets a huge pay out, new CEO can say “we’ve fixed all that”.

If they want to lock up Assange then they have to lock up Trump also… right?

The details and history kind of escape me, I’m no expert on Assange, but I think your perspective is a little skewed.

Personally I think Assange is a power tripping scumbag. He handed the 2016 election to Trump and perhaps I’m small minded and shallow but it’s hard to ignore that.

That said, hiding in an embassy is not evidence of guilt, it’s an acknowledgement that the US is incapable of giving him a fair trial. He kicked them in the nuts and they’re not going to forget.

The suggestion that he should have a trial in Australia is non-sensical. He can’t have a trial here because there’s nothing to prosecute him for here. Australian courts are concerned with Australian law.

There are other cheaper boards with better specs.

If people think that an IPO means we’re going to … push prices up, push the margins up, push down the feature sets, the only answer we can give is, watch us. Keep watching," he said. “Let’s look at it in 15, 20 years’ time.”

What a fucking lame answer.

RasPi was cool at one time, but that time has long since passed.

It really has, for most uses there are better boards

I don’t really know what you mean by that - vastly more dwellings than households.

Think through it logically, if you owned a house, paid for everything, why would you forego the $30k, $40k, or $50k rent? The answer is simply that you wouldn’t.

As I said, I work in this space. There’s no hidden cache of empty houses.

Aside from a few isolated cases of offshore investors it’s not really a thing.

Do you have any data about investors leaving properties untenanted because it’s “not worth the hassle”?

I’m an accountant. I’ve never seen or heard of an investor doing that. Your costs are similar whether or not the property is tenanted. If you’re paying for or holding the house it doesn’t make any sense not to rent it.

You really genuinely believe that a retailer would cancel a profitable product line just for a once off headline? That’s daft. Virtue signalling isn’t worth that much. It’s always a statement or gesture rather than an actual change to a product or business policy. “Lets add this rainbow to our facebook page” type stuff.

Absolutely guaranteed that this was a business decision, that PR made the mistake of trying to take advantage of. Honestly, do you think sales of that junk has been increasing?

What “overwhelming outrage”? The murdoch media is trying to imply there is outrage, but honestly no one cares. There are fewer idiots driving around with tacky plastic australia day flags than I’ve ever seen.

Woolies did it because there’s no money in it. No one is buying shitty imported plastic flags. Their PR people stupidly thought they could get a win with some virtue signalling, and they fucked up. The decision to discontinue those lines was all business.

Dude. You asked how things worked out for Bud Light. Bud Light is InBev. Things are going great.

You’re trying to shoe-horn their PR failure into your narrative that left-leaning companies get cancelled to make yourself feel better about… things, but the fact is Woolies ditched the merch because most people aren’t really interested in buying shitty plastic flag stuff on the 26th of January any more. Dutton whistled, and you barked. Woolies is doing fine. Even if they walked back this decision they would just stock a token flag in January because… there’s no money in that shit.

Some facebook-meme level reasoning here bro. If gates bought $100m in stock in september then he’s made $10m on that bet in the last 4 months. You can cherry-pick whatever factoids you like but the bare facts are, no one really cares.

I guess we will see what happens when woolies share price tanks this week. SMH.

Uh, how did it work out for them ? InBev’s share price is higher than it was a year ago.

Make no mistake, they’re dropping it for “inclusivity” like Kmart did, not because it doesn’t make money.

Even if this were true, it would be because they’ve determined that the “inclusivity” (whatever that is) is going to make them money.

That’s not really possible.

In a year in which there’s a share market “adjustment” returns will be negative. Super fund staff still need to get paid.

Rightly or wrongly, it’s up to members to ensure that their fund’s fees are reasonable.

There’s a few different things going on here but sadly, one of them is poor financial decisions on Elaine’s part.

I’m not blaming her for that, lord knows I’ve made more than my share of poor decisions financial and otherwise, but while there are valid criticisms to be made of our superannuation system, Elaine’s situation isn’t really a useful prism through which to enumerate them.

One of the biggest problems is as always, privatisation. Some super funds are for profit, some are not for profit, and some are self managed. My point here is, because of the eyewatering amount of money in superannuation, and because it’s not managed by the government exclusively, it has attracted an entire industry of bottom feeders leaching off the pool of money. That wouldn’t necessarily be a problem in and of itself, but that industry spends a lot of time advocating for even more complex rules to ensure that it’s not navigable by the lay-person.

By that definition wouldn’t the aldi network be equivalent to Vodafone?

The report explains why they didn’t look at large scale nuclear in section 2.4.4. You can download it here, but basically there are two reasons why the CSIRO and Australian Markey Energy Operator felt that large scale nuclear is not appropriate for comparison. Firstly the nature of our network precludes large scale nuclear - state networks are small compared to overseas networks, and if a single reactor powers a significant portion of a network’s base load then it’s difficult to shut it down for maintenance. Secondly costing reported by other jurisdictions may be inaccurate given government investment, and that capital may have already been recovered.

As regards sequestration I didn’t have a thorough look at the report but it does discuss carbon capture and storage. Charts list costs as “CCS”.