SA Economy

[Ho Really]

“The data points to Adelaide’s relatively under-developed identity around innovation, enterprise, creativity, cultural expression and climate responsibility.

apparently that's a thing now

And there will be more responsibilities added in due course to punish those that don't toe the globalist agenda...

Cheers

[gnrc_louis]

“The data points to Adelaide’s relatively under-developed identity around innovation, enterprise, creativity, cultural expression and climate responsibility.

apparently that's a thing now

And there will be more responsibilities added in due course to punish those that don't toe the globalist agenda...

Cheers

Go on - explain this so-called "globalist agenda" you speak of.

[Ho Really]

apparently that's a thing now

And there will be more responsibilities added in due course to punish those that don't toe the globalist agenda...

Cheers

Go on - explain this so-called "globalist agenda" you speak of.

I don't have to explain anything as it is in plain sight.

Cheers

[gnrc_louis]

And there will be more responsibilities added in due course to punish those that don't toe the globalist agenda...

Cheers

Go on - explain this so-called "globalist agenda" you speak of.

I don't have to explain anything as it is in plain sight.

Cheers

Are you referring to climate change?

Cheers

[rev]

https://indaily.com.au/news/2023/08/17/ ... nemployed/

SA jobless rate drops as national weekly earnings revealed
NEWS
South Australia has relinquished its highest unemployment ranking to Tasmania, while the national jobless rate climbed but wages growth was the strongest recorded since 2013.

Australian Bureau of Statistics labour force data released today detailed a rise in national unemployment by 0.2 per percentage points to 3.7 per cent in July, with South Australia’s seasonally adjusted rate dropping to 4 per cent from the 4.2 per cent recorded in June.

SA no longer holds the title for the highest unemployment rate in the nation after Tasmania’s figures jumped by 1.2 percentage points to 4.7 per cent, with Queensland in second place at 4.5 per cent.

In terms of underemployment, SA has the highest rate in the country at 7.6 per cent – a monthly change of 0.4 points.

ABS data also found the average weekly earnings for full-time adults in Australia rose by 3.9 per cent over the year to May 2023, landing at $1838. South Australians are some of the lowest earners in the nation, bringing home just $1678 per week.

ABS head of labour statistics Bjorn Jarvis said employment dropped by around 15,000 people in July, but the number of unemployed rose by 36,000, resulting in the 3.7 per cent national unemployment rate.

“The fall in employment follows an average monthly increase of around 42,000 people during the first half of this year. Employment is still around 387,000 people higher than last July,” Jarvis said.

“July includes the school holidays, and we continue to see some changes around when people take their leave and start or leave a job. It’s important to consider this when looking at month-to-month changes, compared with the usual seasonal pattern. The only other fall in employment in 2023 was in April, which also included school holidays.

“While unemployment increased by 36,000 people in July, to 541,000, it was still around 172,000 lower than before the pandemic.”

The employment-to-population ratio fell 0.2 percentage points to 64.3 per cent, while the workforce participation rate also decreased 0.1 percentage points to 66.7 per cent.

“Despite these falls, both indicators were still well above pre-pandemic levels and close to their historical highs in May,” Jarvis said.

Hours worked in July increased by 0.2 per cent, which the ABS said reflected fewer people than usual taking leave during the school holidays.

“The strength in hours worked shows that it continues to be a tight labour market. Hours worked were 5.2 per cent higher than in July 2022, well above the 2.8 per cent annual increase in employment,” the ABS statistician said.

“The strength in hours worked over the past year, relative to employment growth, shows the demand for labour is continuing to be met, to some extent, by people working more hours.”

As for underemployment, the rate remained at 6.4 per cent in July – 2.3 percentage points lower than before the pandemic.

On the earnings data, Jarvis said the increase of 3.9 per cent – or $68 per week – represented continuing strong annual growth.

“Other than a brief spike in average earnings early in the pandemic, when lower paying jobs were particularly impacted, this is the strongest annual growth since May 2013,” he said.

“The recent rise in average earnings reflects strong wage growth in the Education and training and Health care and social assistance industries.

“The gap in average weekly ordinary full-time earnings, the most commonly cited of the gender pay gap measures, fell for the second straight cycle to the lowest level on record, down to 13.0 per cent. This lines up with the increase in full-time wages in female-dominated jobs such as teaching and nursing.”

In South Australia, the average weekly earnings for full-time workers were $1678. This was eclipsed by the nation’s top earners in Western Australia at $2039 per week and the Australian Capital Territory at $2208. The nation’s lowest was in Tasmania at $1619 per week on average.

[rev]

Maybe something like this is what SA needs, since apparently we wont have room by 2050 for anymore houses in Adelaide lol.

A smart city, built around predominantly higher density living, that supports tech start ups, the space industry, and the states mining industry.

Silicon Valley investors behind land purchase near Travis AFB want to build new city, source says

By Stephanie Sierra KGO logo
Saturday, August 26, 2023 12:04PM

SAN FRANCISCO (KGO) -- Another new development into the mysterious, nearly billion-dollar land acquisition in Solano County encroaching on Travis Air Force Base.

Sources tell the I-Team's Stephanie Sierra that several Bay Area tech giants are behind the massive land purchases and their intention is to build a new city that will generate thousands of jobs in Solano County.

Those sources also confirmed the investment firm Flannery Associates representing the group has hired a political consulting group out of Sacramento. A representative of Acosta Consulting has contacted Congressman Mike Thompson and Congressman John Garamendi to schedule a meeting next week to discuss the firm's "general plans."

This is the first time a representative of the firm has reached out to meet with congressional leaders since the purchases started in 2018 - leading to a federal investigation after concerns were raised over national security.

The I-Team was the first to report that Flannery had acquired all available land around Travis. This followed a survey that was reportedly sent out to residents this week discussing plans to build a city in the eastern part of the county.

A source familiar with the matter has confirmed to the I-Team, that billionaire venture capitalist Michael Moritz had the idea to "invest in the creation of a new city" where land was cheap and could generate thousands of jobs. A source close to the network of investors told the I-Team, that Flannery is backed by the heavyweights of Silicon Valley. Along with Moritz, that list includes wealthy venture capitalists and investors including Marc Andreessen, LinkedIn co-founder Reid Hoffman and Patrick and John Collison, the sibling co-founders of Stripe.

The I-Team has confirmed both Congressman Thompson and Congressman Garamendi are scheduled to meet with representatives of Flannery early next week.

Brian Brokaw, a representative for the investor group, released the following statement to ABC7 News:

"We care deeply about the future of Solano County and California and believe their best days are ahead. We are proud to partner on a project that aims to deliver access to good-paying jobs, affordable housing, clean energy, sustainable infrastructure, open space, and a healthy environment to residents of Solano County. We are excited to start working with residents and elected officials, as well as with Travis Air Force Base, on making that happen. That conversation starts next week, and we look forward to sharing more then," said Brian Brokaw, on behalf of Flannery."

Rep. John Garamendi released the following statement in response these recent developments:

"Flannery Associates has developed a very bad reputation in Solano County through their total secrecy and mistreatment of generational family farmers. Flannery Associates spent nearly $1 billion forcing families off the land and if they intend to build a megacity, they have a long way to go to establish trust in the community. The proposal of a megacity must answer legitimate community concerns about transportation, water, sanitation, and environmental impact.

My primary concern has always been the operational security of Travis Air Force Base, which is a critical element in our national security. Having purchased land on three sides of the base, they must come forward with specific plans and assurances that their development proposals will in no way degrade the operation of or erode security at the base."

https://abc7news.com/travis-air-force-b ... /13701357/

[abc]

[[Shuz]]

Monarto and the Multi Function Polis both failed. What makes you think third time lucky will be the answer?

I would really like to see more focus on the South Coast region (Victor Harbor, Port Elliot, Middleton, Goolwa) into South Australia's second major urban centre with a population of 100,000+.

The summertime population already swells to approx. 50,000 so around half the infrastructure is already in place to sustain a growing population over time. There is ample land available, especially around Goolwa

[A-Town]

Monarto and the Multi Function Polis both failed. What makes you think third time lucky will be the answer?

I would really like to see more focus on the South Coast region (Victor Harbor, Port Elliot, Middleton, Goolwa) into South Australia's second major urban centre with a population of 100,000+.

The summertime population already swells to approx. 50,000 so around half the infrastructure is already in place to sustain a growing population over time. There is ample land available, especially around Goolwa

The South Coast definitely has a lot of potential and would be appealing to many buyers.

If we do focus on expanding this region, then they should look at duplicating the entirety of Victor Harbor Road.

[rev]

Monarto and the Multi Function Polis both failed. What makes you think third time lucky will be the answer?

I would really like to see more focus on the South Coast region (Victor Harbor, Port Elliot, Middleton, Goolwa) into South Australia's second major urban centre with a population of 100,000+.

The summertime population already swells to approx. 50,000 so around half the infrastructure is already in place to sustain a growing population over time. There is ample land available, especially around Goolwa

Third times a charm?
Why shouldn't we allow a bunch of mining and tech billionaires, if they wanted to, to build a city aimed at predominantly supporting their industries?

Victor Harbor and surrounds could work. Far enough from Adelaide without being too far.
But what's there that would attract people to grow the area to 100,000+ other then being a summer getaway destination?

[[Shuz]]

Well, you do so by incentivising businesses to establish a new industry or expand their operations and the associated workforce to support it.

I'm just riffing off the top of my head here but aquaculture is a growing one in the region, so new factories for the processing and distribution of aquaculture goods. Aged and social care services is another big one. It's close to wine regions (McLaren Vale and Adelaide Hills) so growing the viticulture industries and production/distribution.

Establishing a government building that would start off as a shared hot desk office concept across multiple departments in the interim to allow people to WFH remotely but offering those employees to work from an office a couple of days a week in a dedicated space until enough people move down to form fully fledged dedicated teams and business units associated with a single department. (I suggest this because this was an option for me I would seriously consider it).

Construction industry would be big with new housing and infrastructure needs. There's others I'm sure. Just need to get the ball rolling.

[SBD]

Monarto and the Multi Function Polis both failed. What makes you think third time lucky will be the answer?

I would really like to see more focus on the South Coast region (Victor Harbor, Port Elliot, Middleton, Goolwa) into South Australia's second major urban centre with a population of 100,000+.

The summertime population already swells to approx. 50,000 so around half the infrastructure is already in place to sustain a growing population over time. There is ample land available, especially around Goolwa

Third times a charm?
Why shouldn't we allow a bunch of mining and tech billionaires, if they wanted to, to build a city aimed at predominantly supporting their industries?

Victor Harbor and surrounds could work. Far enough from Adelaide without being too far.
But what's there that would attract people to grow the area to 100,000+ other then being a summer getaway destination?

The story says the land is around Travis Air Force Base, which Wikipedia says is 3 miles from the CBD of Fairfield (population 120,000). That proposal is more like Elizabeth, which seems to have mostly "worked" or a new greenfield "city" in the Penfield-Virginia area. The difference between a "city" like Elizabeth, Monarto, MFP, that proposal and a "suburb" like Riverlea Park is the intent to establish local industry employment.

The attitude seems to have moved slightly towards maintaining sovereign capability in Australia. I'm not sure it has moved back to encouraging people to live near where they work in a diversified industrial economy. That's what Elizabeth had that didn't work at Monarto or MFP.

[rev]

Australia’s next mining boom coming for electric vehicles and energy storage batteries

Australia is number one globally for many resources but experts warn there are some roadblocks holding us back to reap the rewards of the next mining boom.

Paul Starick


2 min read
September 13, 2023 - 4:30AM

More than 260 new lithium, cobalt, nickel and copper mines will be needed by 2030 if the world is to meet global demand for minerals-intensive electric vehicles and energy storage batteries.

A Future Critical report by the Minerals Council of Australia released this month shows Australia is number one globally for resources of recoverable nickel, zircon (zirconium), rutile (titanium), uranium, gold and zinc.

Australia is in the top five global producers of lithium, copper, bauxite, cobalt, tungsten, ilmenite, vanadium and manganese.

Minerals Council of Australia chief executive officer Tania Constable warned deepening investment uncertainty, exhaustive environmental approval delays and proposed industrial relation law changes were “combining to blunt Australia’s ability to fully capitalise on this once in multiple generation mining boom”.

“As our global competitors ramp up their investment and development, time is running out for Australia to catch the wave of mining investment needed to achieve our collective global pursuit of net zero emissions,” she said.

But if a major mining expansion occurred, the report forecasts households would be $11,700 better off, real wages would be 9.4 per cent higher and the economy $290bn larger by 2030.

SA Energy and Mining Minister Tom Koutsantonis said some people naively believed the transition to renewables would end mining.

“The truth is the minerals that we needed in the past are not the same minerals we need now. Just take electrification. There is no conductor like copper. So, cars that are aspirated with fossil fuels like petrol and diesel, if you replace them with batteries, they need copper,” he said.

“If you look at just the base order of electric vehicles there is not enough copper and lithium to build the vehicles that are needed over the next decade.

“We have to find more out of the ground now than we’ve ever found in human history.”

Hundreds of disused mines across Australia are being exploited again in the hunt for critical minerals. Leftover residue, or tailings, are being re-examined.

Global mining giant BHP’s $9.6bn takeover of OZ Minerals, finalised in May, could produce 500,000 tonnes of copper annually from northern South Australia.

BHP chief operating officer Edgar Basto said the area was home to some of the world’s best copper resources and, certainly, Australia’s best.

“Copper is an essential component of solar panels and wind turbines, as well as electric vehicles, which use around four times as much copper than petrol-based cars,” he said.

Mr Basto said delivering more Australian copper to global customers ultimately would bring “new jobs, skills, local business opportunities, and economic growth”.

[abc]

“Copper is an essential component of solar panels and wind turbines, as well as electric vehicles, which use around four times as much copper than petrol-based cars,” he said.




and we're supposed to believe electric vehicles are more environmentally friendly and sustainable...

copper isn't a limitless resource either

[bits]

Some quick, dirty and terrible maths.

Olympic Dam the world's fourth largest copper deposit has 2.95 billion tonnes of ore @ 1.2% copper.

1.2% of 2.95 billion tonnes is 35.4 million tonnes of copper.

35.4 million tonnes is 35.4 billion kg.

EV car has about 80kg of copper.
So Olympic Dam has enough copper to make 442,500,00 EV cars.

There is 1,400,000,000 cars.