Letters to the editor: Ignore the populist bait of an uneconomical manufacturing dream – The Australian Financial Review

We need better performance from our politicians, and that requires us to ignore the populist bait on offer. And to reward the politicians who act against their own interests to benefit the country.

Graeme Bennett, Artarmon, NSW

Ed Shann would have us continue business as usual and go with our strengths (Forget Made in Australia, do what we already do well). But what of energy security, and the need to decarbonise?

We have recently witnessed Australias dependence on imports, whether in the 90 per cent of our imported oil supplies at risk due to conflicts elsewhere or a pandemic that isolated the very industries Mr Shann believes are our strengths: education and tourism.

As for subsidies, the Australia Institute reported that in 2022-23, Australian governments provided fossil fuel industries with $11.1billion in spending and tax breaks: This years figure represents a 5 per cent decline on last years, but subsidies in the forward estimates have increased from $55.3 billion to a record $57.1 billion.

The focus on returns to fossil fuel shareholders needs to shift to a focus on making renewables work for the environment and for an equitable transition to cheaper energy sources. This will require investment.

On a micro level, millions of Australians have worked this out already. New home battery installations rose 21 per cent last year. According to the Climate Council, rooftop solar is now providing 11.2 per cent of our nations total power supply after 314,507 households installed solar panels last year, bringing online 2.9GW of new generation.

Fiona Colin, Malvern East, Vic

It was pleasing to read rational commentary detailing criteria necessary to boost investment (Four ways we can lift investment in local manufacturing).

It was all about fundamentals: approvals; build times; competitive input costs; skilled workforce. The only mention of tax was the sensible suggestion for faster depreciation of manufacturing investments.

Improved depreciation rates can apply across all industries. Developing and purchasing computer software is part of everyday business and necessary to drive productivity and revenue. It is like employing people to achieve outcomes. All software expenditures should be able to be written off as incurred rather than depreciated.

Graeme Troy, Wagstaffe, NSW

I offer a counter to the self-serving views of the Minerals Council of Australia as presented by chief executive Tania Constable (Dont make stuff Australia has no edge in, says MCA).

Ms Constable seems to have no idea there is much more to a manufacturing sector than raw inputs and outputs. For a start, there is the whole can do mindset that a thriving manufacturing sector can engender. Ms Constable probably cant conceive that there might be thousands of young Australians who would much rather spend their work time actually making things and gaining practical skills than answering emails and moving numbers around on a screen all day.

Can I suggest she read Identity: The Demand for Dignity and the Politics of Resentment by Francis Fukuyama and pause for a moment to consider the lasting damage to society that can occur when considerations of individual dignity and respect are simply cast aside for the narrow economic benefit of the nation?

Fraser Faithfull, Caulfield South, Vic

The AFR View is right to say the tragedy at Bondi Junction at the weekend would be 10 times worse if the perpetrator had a gun (Bondi Junction tragedy brings out the best). The reason Australians rush to help is that we dont think a gun is involved; the first thing Americans do is run away for fear of being shot.

While it is comforting to see all politicians and media condemn this monstrous act and understand the publics need for full and continuous disclosure, this period will soon end. We will then want to see real change, and real action.

This is where our political leaders could easily let us down. Labor is often criticised for being soft on crime, and time will tell if NSW Premier Chris Minns and Prime Minister Anthony Albanese fall into this category.

As The AFR View rightly points out, drugs are pernicious and a scourge; we need tougher action on drug dealers (especially ice, which seems to be in every suburb, and destroys too many lives), greater focus on reducing male violence towards women, reducing domestic violence, and fast action on mental health. We must support the police use of firearms in these situations, look at technology (artificial intelligence and CCTV), the carrying of mace by women made legal, and stab vests and tasers for security guards (with appropriate training and checks).

It is time for our political leaders to realise that laying flowers and sharing updates is important to help unite people and to grieve, but its 1 per cent of the job; taking effective action is the other 99 per cent.

Glen Frost, Darlington, NSW

The news that KIA is marketing a super-sized diesel vehicle specifically for the Australian market says a lot about our mind set. The world is in a climate emergency yet we are partying like there is no tomorrow.

When I drive to the local shopping centre, my little Corolla is dwarfed by a sea of Rams, Rangers and Range Rovers. They are excessive for doing the weekly shopping and school run.

What does it take to shake Australians from their complacency? We are all in this together, folks.

Barry Lizmore, Ocean Grove, Vic

I had no idea CPI was running at 20 per cent until I bought a copy of AFR Weekend in Adelaide on Saturday with a new cover price of $6, up from $5. No doubt Rear Window will shortly do a forensic analysis. After all, the Fins preoccupation with transparency is legendary.

John Bridgland, Adelaide, SA

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Letters to the editor: Ignore the populist bait of an uneconomical manufacturing dream - The Australian Financial Review

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