The Federal Labor Government in Australia appears on track to challenge the Whitlam government of the early 1970s as Australia’s worst ever. Socially and economically the signs are bad.
Continue readingMonth: January 2023
Australian energy production by fuel mix
For the 3 months to 25 January 2023, the Australian energy market operator reports the following supply sources.
Continue readingInflation in Australia
The latest data on consumer prices in Australia was released today by the ABS. It was for the December 2022 quarter.
Continue readingDay D
In June 1944, the allied forces of UK, US, Canada, NZ and Australia launched what what was then, and remains, the largest most grave and probably most risky seaborne invasion of a foreign continent. D day.
Continue readingGratitude
I was terrified of my year 11 maths (2) teacher. Maths (2) was ‘applied’ in the sense of practical trigonometry. Maths 1 was pure, in the sense of abstraction. You know, early aspects of Newton’s calculus. That teacher was amiable. Newton, he scoffed, ‘very vague; let’s not fret overly.’
Continue readingThe deafening silence
Excess mortality. An actuarial phrase, if ever you wanted one. It means the number of people dying in excess of what would have happened if prior mortality trends had continued.
Continue readingThe doddering, the unhinged, the Messiahs and the frantically busy hotel manager at the WEF
The World Economic Forum (WEF) annual meeting in Davos, Switzerland has just wound up its 2023 meeting. What a joy it is to behold the WEF meetings.
Continue readingBasement software coder tries to extrapolate knowledge of computer code to saving humanity. Not entirely successful.
A co-founder of a behemoth software business, Mike Cannon-Brookes, is in the media now after a spectacular collapse of his dream extension cord business.
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Australian Actuary 