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November 3, 2025 22 mins

Jeremy Cordeaux fires through Cup Day trivia, RBA rate nerves and Australia’s cost-of-living crunch before unloading on energy policy and political spin. He argues the Nationals are right to dump net zero, links today’s de-industrialisation to the 1975 Lima Declaration, and calls “Future Made in Australia” a slogan without cheap reliable power. He spotlights the PM’s “Joy Division” T-shirt fiasco, Nvidia’s jaw-dropping valuation, and why $8.5b more for bulk billing won’t make healthcare “free”. Plus: “jobs-for-the-boys” quangos, Bunnings’ Aussie-made price dilemma, ABC bias vs national unity, and a musical sign-off from 93-year-old Johnny Mac singing a Peter Clayton track.

  • Melbourne Cup Day trivia; posting schedule

  • RBA decision day; inflation ~3.2% y/y; electricity up ~39% this year

  • Nationals dump net zero; “move as fast as partners/competitors”

  • 1975 Lima Declaration → offshoring industry; link to today’s policy failures

  • “Future Made in Australia” vs high energy/production costs

  • Bunnings boss: hard to sell Aussie-made because it’s dearer

  • PM’s “Joy Division” shirt controversy resurfaces

  • Nvidia hits ~$5T valuation (chips → “fission chips” gag)

  • Bulk-billing sweetener: +$8.5b; “free healthcare” myth; co-payments persist

  • Government sits on the Briggs report; 1,200 public boards; quangos & mates

  • Local colour: Rising Sun / Jim Elder auction plugs

  • Dates & birthdays; Johnny Mac releases Peter Clayton song video

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