Sunday 22 May 2022

2022 federal election loss for the Liberal Party - where to now ?

                                                                          Shutterstock

The results from the 2022 Federal election have underscored the disconnect between the direction of the Liberal Party of Australia and both the broader community and a key part of its own support base. The results thus far are -
  • 76 seats are needed in the House of Representatives to become a Government
  • Australian Labor Party on 71 seats
  • Liberal National Party on 52 seats
  • Other being Independents or The Greens have 15 seats
  • Counting on postal votes and prepoll is continuing as over 6 million eligible voters used these methods.
In terms of percentage of total votes -
  • Liberal/National has 35.4 % (a fall of 3.29%)
  • Australian Labor Party has 32.8 % (the ALP vote actually fell 0.5%)
  • The Greens has 12.1 % (increased by 1.7%)
  • One Nation has 5.0% (increased by 1.9%)
  • United Australia Party has 4.3% (increased by 0.8%)
  • Independents have 5.51%  (increased by 2.14%)
  • Others are at 4.95%  
The Liberal Party has lost many of its key heartland seats in major metropolitan cities to Independents. 

In the seat of Wentworth in Sydney's high income, educated Eastern suburbs many of the campaign workers for successful Independent candidate, Allegra Spender, identified either individually or collectively as former members of the Liberal Party. Many had voted for the now defeated incumbent Dave Sharma in previous elections. But they had left the party finding it had become extreme and was failing to address the existential crisis of climate change. This was excerbated with a range of secondary issues such as a federal anti-corruption agency being deemed critically important but managed in a dismal, if not pitiful manner by the Morrison Government.

In terms of climate change, many Liberals, including Members of Parliament and Ministers now belong to, or support, an external organisation called the Coalition for Conservation (C4C). This inoccuous sounding body advocates for renewable energy, carbon reduction, carbon capture and storage, electric vehicles, transition programs for clean industries and clear measures to bring down greenhouse gas emissions. C4C attended the meetings around COP26 in Glasgow last year. It is telling about the Liberal Party that it is only through another body can any sensible debate occur on climate change initiatives but not within the party itself.

The issue therefore is less to do with the change in Government from the Liberal National Coalition to the Australian Labor Party (the overall national swing of 3.5 % is close to a standard change of Government) but more so the loss of the inner heartland of the Liberal Party itself. While the ALP has won Government, it has done so with a stagnant voting base with the real winners being the Independents and The Greens. Unless the Liberal Party is able to restore its broad church umbrella, the Party will find winning the electorates necessary for Government to be well nigh unattainable for many years, if not decades. This in itself has echoes to the wilderness years the Australian Labor Party experienced during the great split with the Democratic Labour Party (the DLP).

Archibald, Wynne and Sulman Prizes 2022

Journalist Laura Tingle by James Powditch
Australia's arguably most voyeuristic portrait prize exhibition is on display at the Art Gallery of NSW (AGNSW). This year, 52 portraits were chosen for inclusion from the 816 entries submitted to the AGNSW and generally the exhibition could be described as operating on safe territory with no controversies coming to light. 

Absent were images of politicians with the subjects for painting being drawn mainly from sports, film and television actors, singers, academia, writers, art collectors/benefactors, artists painting other artists and not a few self portraits (a common approach each year). Subjects included actors Lisa McCune, Hugh Jackman and Debra Lee Furness; fim director Taika Waititi; art collectors / benefactors, Liz Laverty, Patrick Corrigan, Peter Wegener; singers Deborah Conway, Peter Garrett, TV personalities such as Brooke Boney and Yumi Stynes to list a few.

Artists selected for the most part are the well established names such as Wendy Sharpe, Ross Townsend, Nick Stathopoulus, Natasha Bieniek, Anh Do, Robert Hannaford, Tsering Hannaford (Robert Hannaford's daughter), Jasper Knight, Mathew Lynn, Noel McKenna, Vincent Namatjira, Thom Roberts, Joan Ross, Paul Newton, Richard Lewer, Catherine McGuiness, Natasha Walsh amongst the group.

The winner this year is Blak Douglas for his portrait of artist, Karla Dicken standing knee deep in flood water (the Lismore flood being the background for the painting and very topical at present) carrying leaking buckets. Blak Douglas is the second Aboriginal artist to win the Archibald prize.

The Wynn Prize for landscape painting or figurative art has around 34 entries with an increasing number of Aboriginal artists submitting large works. These entries predominantly from Central Australian or APY communities have increased the scope of the exhibition and added a new dimension. Quite a few artists submit entries for both the Archibald and Wynne prizes with this year, Jude Rae, James Powditch and Noel McKenna being in both. 

The smallest of the 3 exhibitions is the Sulman Prize for subject, genre or mural painting and 31 entries were selected this year. This is the exhibition with the largest number of new artists being shown. Its a more esoteric and often mixed media/materials for the works. 

The exhibition runs from 14 May to 28 August 2022.

Wednesday 11 May 2022

Great Barrier Reef in Australia - coral bleaching increases in latest report

                      Aerial survey  (c) Great Barrier Marine Park Authority
The lastest surveillance report on Australia's Great Barrier Reef confirms the ongoing damage to the reef through increased temperatures as a result of climate change. Of particular alarm has been the repeated events of bleaching which now number 4 in seven years. The expected relief from a change in weather systems to La Nina did not occur and a mass bleaching resulted. This prolonged heat exposure is occuring across the wider reef system. 

The latest reef snapshot report published this month (May 2022) describes the current situation in clear terms which are not easily disputed -
  • A total of 719 reefs were surveyed from the air between the Torres Strait and the Capricorn Bunker Group in the Great Barrier Reef Marine Park. Of these 654 reefs (91 per cent) exhibited some fomr of bleaching and a significant core of the central reef had severe or extreme bleaching. 
  • Coral bleaching seen from the air is largely consistent with the spatial distribution of heat stress accumulation with a larger proportion of coral cover bleached on reefs that were exposed to the highest accumulated heat stress this last Summer (late 2021 and early 2022)
  • The waters around the Great Barrier Reef exceeded historical summer maximums for the hottest summer months with three distinct heat waves increasing thermal stress throughout the Central and Northern Great Barrier Reef.
  • The 2022 Aerial Survey Map [shown above] illustrates the variation in bleaching observed across the reef in the second half of March. The aerial surveys were conducted by trained observers from the Great Barrier Reef Marine Park Authority and the Australian Institute of Marine Science.
The full report can be accessed at this link: Great Barrier Reef Snapshot Report 2022

Sunday 8 May 2022

Environmental, social and governance - the ESG direction

                                                                                                      Shutterstock
ESG, the abbreviation for environmental, social and governance (as in corporate governance) has become the latest buzz method for performance measurement and reporting for large corporate entities. It covers a myriad of activities (for example, climate change, biodiversity, pollution, risk management, diversity, employee engagement and so on) and there are a plethora of ways of measuring ESG and weighting various scores with the result that there is not an overall single rating determined. Different ESG audit companies use different methods that can and do lead to different ESG ratings being given to the same client company. Confusing it can be.

ESG is not directly the same as environmental sustainability as ESG involves measuring against a set of criteria which are focussed on company process and practices. Sustainability in contrast is focussed on outcomes. Highly polluting and environmentally damaging industries would use ESG as a risk management tool to ensure that they have best practice processes to mitigate pollution, avoid accidents,  reduce the need for expensive regulatory requirements/compliance and hence the risk of costly litigation. Sustainability in contrast is focussed on the impact of the company's activities on people and the environment including the sustainability of the services and products.

In one respect ESG has evolved as a result of the strong movement to ethical investing and increasing demands from funding bodies (such as banks), investors and consumers for greater corporate responsibility to be demonstrated. Such demands also focus attention on company's social licence to operate in a range of industries that may have high impacts on communities. Where corporations do not demonstrate responsibility, the social licence to operate is placed at risk.