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