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"KEEP your enemies close", goes the saying. Abbott shaves the face of his worst enemy every morning. Can't get closer than that. Gary Sayer, Warrnambool
By · 28 Aug 2012
By ·
28 Aug 2012
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"KEEP your enemies close", goes the saying. Abbott shaves the face of his worst enemy every morning. Can't get closer than that. Gary Sayer, Warrnambool

Tony Abbott

WE TEND to criticise others most trenchantly for the traits we don't like in ourselves. Julia Gillard a liar is that projection, Tony Abbott?

Marion Rosetzky, Red Hill

WHILE Tony Abbott is into diagnosing the PM, is there agreement that he fulfils the criteria of oppositional defiant disorder?

Joan Segrave, Healesville

THE one factor improving the stocks of the ALP is Tony Abbott. As long as he is Opposition Leader, Labor believes its cause is not hopeless.

Noel Howard, Heathmont

Politics

IT SAYS a lot for democracy in Australia when Mason, Barwick and Kerr can decide behind closed doors what government we can have.

Don D'Agostino, Boronia

BEATRICE Blyth (27/8): forced-labour camps are the sort of thing Australians fought to rescue people from, not inflict on those fleeing persecution. Or are democracy and freedom now privileges reserved for the fortunate?

Tony Morton, Coburg

IN SPITE of the authoritative Gonski report, the government and opposition will maintain or even increase funding for private schools. So my taxes will continue to support schools I can't afford to access. How is that fair?

Craig Reichenbach, Briar Hill

LEGISLATORS in the 19th century recognised that education would provide employers with better workers. Hence "free, compulsory and secular education" in 1872. Ross Gittins says it all (BusinessDay, 27/8).

Gael Barrett, North Balwyn

Sport

CAN Garry Lyon stop writing positive articles about the Swans? We seem to do much better when all the news is less affirming.

Andrew McCarthy, Yarraville

GOLD Coast watched the Suns rise Carlton watched the sun set.

Francis Bainbridge, Woodend

CARLTON'S slogan used to be: "They know we are coming." Does anyone yet know when they will get there?

John Walsh, Watsonia

IF USADA can do that to Lance Armstrong, can't the IOC retrieve Raelene Boyle's gold medal?

Doug Perry, Mount Martha

Elsewhere

WHAT a relief to see a real hero on The Age front page instead of a "champion" footballer.

Alex Shabs, Elwood

MARIUS Kloppers refuses to acknowledge that coal-fired power is in global decline. The sooner BHP diversifies into solar the sooner its followers will see the light.

John Bowman, Ocean Grove

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Frequently Asked Questions about this Article…

The article notes a letter saying “the one factor improving the stocks of the ALP is Tony Abbott,” meaning his role as Opposition Leader boosts Labor’s public standing. For investors, that’s a reminder that political leadership shapes public sentiment and policy expectations. While the piece talks about political “stocks” (reputation and polling) rather than share prices, changes in leadership can alter policy risk and market sentiment—so keep an eye on political developments as part of your broader market watch.

A letter in the article criticises Marius Kloppers for not acknowledging a global decline in coal-fired power and argues “the sooner BHP diversifies into solar the sooner its followers will see the light.” The article records investor/public concern about resource companies’ exposure to coal and the potential need to pivot toward renewables. That doesn’t confirm any corporate plan, but everyday investors should watch BHP’s public statements and capital allocation decisions for signs of how it will manage energy-transition risks.

The article quotes a letter saying that despite the authoritative Gonski report on school funding, both government and opposition intend to maintain or increase funding for private schools. The writer expresses frustration that taxpayers’ money will continue supporting schools many can’t afford. For investors, this signals likely continuity in education funding policy and potential political sensitivity around public spending and tax priorities.

One letter condemns forced-labour camps and questions whether democracy and freedom are now privileges for the fortunate. This reflects public concern about human-rights issues. Everyday investors can take from this that social issues matter to voters and consumers; companies and governments implicated in such controversies may face reputational and regulatory risk, so it’s sensible to consider ESG factors when assessing long-term investment risk.

The article reproduces a reader asking if the IOC can retrieve Raelene Boyle’s gold medal now that USADA acted against Lance Armstrong—highlighting scrutiny of sporting records and integrity. For investors, sports integrity issues can affect sponsors, broadcasters and brand partners. Controversies or retroactive penalties can change sponsorship value and public sentiment, so stakeholders in sports-related businesses should monitor these developments.

A letter criticises historical decisions made behind closed doors and suggests it says a lot about democracy. For investors, the takeaway is that political process, transparency and institutional trust can influence stability and policy direction. Political uncertainty or perceived lack of transparency can feed into market volatility, so it’s worth tracking related political debates as part of risk assessment.

No. The article is a compilation of letters and opinion snippets touching on politics, education, sports and energy—not investment advice. It raises themes investors may want to monitor (political leadership, education funding, energy transition, social issues), but it doesn’t recommend buying or selling specific securities. Always treat commentary as background context and, if needed, seek independent financial advice before making investment decisions.