The ABC has lost the plot entirely.
The relationship between Peter Dutton and resources billionaire Gina Rinehart has soured over the Coalition leader’s plan to force energy giants to sell gas into the domestic market at a likely loss.
The ABC also understands that Ms Rinehart’s enthusiasm for Mr Dutton has waned in recent weeks because he has not ditched the opposition’s support for net zero by 2050.
“There’s been a cooling of the relationship,” said one senior Coalition figure who spoke on condition of anonymity because of sensitivities over the Liberal leader’s personal relationship with the resources billionaire.
Nowhere in the piece is there a single reference or evidence for the false assertion that the Dutton domestic reservation policy will force gas to be sold at a loss.
Here are East Coast gas break-evens by basin via AEMO.
And the go-forward cost of production from 2018, via the ACCC.
Where are the gas losses from $10Gj? Gina’s acreage is around Roma, so she’s making about a two-thirds markup at $10Gj.
The piece also includes this tripe.
Some regard Ms Rinehart’s wealth — and the broader support that her influence as one of the world’s wealthiest people helps to unlock — as a critical counterweight to Labor’s cashed up union support base.
So, Gina’s billions are now a stabilising force in Australian democracy. No evidence. No quotes. Just true, according to ABC.
One has to ask, WTF has happened to ABC journalism?
