Tuesday 28-04-2026 8:54pm

National Cash Out Day!!!

Millions of Aussies are expected to flock to ATMs all over the country to withdraw cash today, as part of a major campaign to keep the option viable. April 28 is national Cash Out Day, where Australians are being asked to make a withdrawal at their nearest ATM or bank branch. The movement has garnered massive support across all Australian states and territories, acting as an opportunity to keep cash as a viable option in the country. "It has had an impact, there was a very successful Cash Out Day a couple of years ago which led to the government announcing a cash mandate," Cash Welcome founder and financial journalist Jason Bryce told NewsWire. "This is just an easy way for consumers to send a message to the banks that we have a right to access our money in our local community." Mr Bryce said 900,000 to one million people make an ATM withdrawal on a normal day in Australia. The Cash Out Day campaign is aiming to double this to 1.8 million - as a way of reminding banks of the need to support cash in the economy. Mr Bryce said for anyone who wants to participate in Cash Out Day, it was as simple as removing $20 from an ATM, bank or eftpos retailer. "The convenience of tap and go is fine, nobody is talking about taking it away from transaction options, but we need to have a choice of how we pay and everyone needs to use cash every now and then," he said. Despite Australians' access to cash diminishing in recent years, the number of people using physical tender is on the rise. About 15 per cent of transactions in 2025 were made with cash - up 2 per cent from 2023, according to an RBA study.


 SPORT:


 STOCKMARKET:

Market seeking high justification

The S&P 500 and the Nasdaq eked out modest gains on Monday in muted trading, as investors took a breath at the top of an eventful week, with earnings, economic data, the U.S. Federal Reserve’s rate decision and the ebb and flow of Middle East tensions all crowding the docket, Reuters updated on today's website. [click to continue reading]

All three major U.S. stock indexes wavered throughout the session, showing little conviction in either direction after last week’s rally sent the S&P 500 and the Nasdaq to a series of record closing highs.

The session began with the S&P 500 up over 100% since the bull market began in October 2022.

The market is just trying to deal with the rally that’s been going on and digest the latest all-time highs that we've made on the indices, said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. And it’s trying to figure out whether or not those all-time highs are justified.

First-quarter earnings season has hit full stride, with a host of high-profile firms slated to report this week, including five of the Magnificent Seven technology megacaps, Amazon, opens new tab, Alphabet, Meta Platforms, Apple and Microsoft . Investors will assess the extent to which these companies are beginning to reap benefits of massive expenditures on artificial intelligence.

As of Friday, 139 companies in the S&P 500 have posted first-quarter results. Of those, 81% have beaten estimates. Analysts now see aggregate S&P 500 earnings growth of 16.1% year-on-year, up from 14.4% on April 1, according to LSEG I/B/E/S.

The companies due to report this week account for roughly 44% of the S&P 500’s market capitalization, according to Raymond James.

Guidance has been pretty good. We're seeing earnings growth of 15%, and I would classify that as a very good environment, except the road has gotten a lot more bumpy, Pavlik added, referring to geopolitical tensions in the Middle East.

Attempts to revive peace talks between the U.S. and Iran continue following President Donald Trump’s decision to call off negotiators' trip to Islamabad for another round of face-to-face talks. Iran continues to restrict shipments through the Strait of Hormuz, with Iranian officials demanding that Washington lift its blockade as a precondition to further negotiation.

On Tuesday, the Federal Reserve is scheduled to convene for its two-day policy meeting, widely expected to culminate in the decision to leave interest rates unchanged. The accompanying statement and Fed Chair Jerome Powell’s press conference will be scrutinized for clues regarding the central bank’s assessment of U.S. economic health and the inflationary impact of spiking energy prices resulting from the U.S.-Israeli war on Iran.

According to preliminary data, the S&P 500 gained 8.93 points, or 0.12%, to end at 7,174.01 points, while the Nasdaq Composite gained 49.78 points, or 0.20%, to 24,886.38. The Dow Jones Industrial Average fell 57.82 points, or 0.12%, to 49,172.89.

Verizon advanced following the telecom company’s annual forecast hike due to stronger-than-expected subscriber adds.

Domino’s Pizza slid after the pizza chain first-quarter sales estimates.

Nvidia extended the prior session’s 4.3% surge. The company has reclaimed a market valuation of more than $5 trillion.


 NEWS:

🏗 Run on
product
distorting
the market

Call-out charges to households for electricians and plumbers are being jacked up by 50 per cent due to the fuel crisis while fears of shortages of plastics, fertilisers and building materials are causing widespread hoarding in conduct dubbed "toilet paper syndrome", reports The Australian today's website. [click to read more]

Warning that another inflationary outbreak was certain, Australian Industry Group chief executive Innes Willox said the disruption and uncertainty extended well beyond fuel shortages for the car at the bowser.

A whole host of products ∼ fertilisers, plastics, industrial chemicals, building materials and more ∼ share the same petrochemical supply chains and face the same if not more upheaval, Mr Willox told The Australian.

We have already seen a first wave of price rises in recent weeks and we may face physical shortages of some or all these products which Australians take for granted in the coming weeks and months.

While orders are being accepted for key plastic products, prices aren't being confirmed more than a month out which is causing havoc for business planning.

The National Electrical and Communications Association said call-out charges had risen from $120 to $180 as tradies pass on costs to households.

The cost of plastics have gone up 50% while copper has risen by 80% over the past year, leading to charges for plumbing and electrical on homes going up by 5 to 10%.

The real concern for the economy is what this is going to do to inflation because these prices have to be passed on and our guys are also pricing in the additional risk, said NECA’s head of government relations, Kent Johns.

“We can no longer satisfy government and say we are going to do a fixed lump-sum contract because who knows what the price is going to be in six months' time let alone what it’s going to be in two years when you are finishing the job.

It’s across everything, whether it’s large infrastructure projects or your local guy doing your house maintenance or housing. He’s struggling to find stock. I call it the 'toilet paper syndrome'. Everyone is hoarding it.

Employers and unions said apprentices were skipping lunch as they needed money to pay for higher petrol costs.

Everyone is hurting in this crisis but some people are hurting more than others, Electrical Trades Union national secretary Michael Wright said.

“I'm not going to compare this situation to truck drivers who are going to have it worst of all but our people drive a hell of a lot and they are losing a hell of a lot out of their back pocket just to earn a living.

There’s a brutal arithmetic for people’s bank balances at the moment and when you are an apprentice and only on $16 or $17 an hour; it’s hard to make ends meet.

Mr Johns said one of the reasons that stock was running out was that subcontractors on large projects were purchasing all the plastic they can for that job so that they can lock in the price.

Let’s say you are doing a major construction job, he said. (Previously) you would go once a month and get your stock for the job. Now you're getting the stock for the six to 12-month job, buying it and warehousing it. We are seeing people warehousing piping and conduit which drives a shortage in the market for the small businesses that can't afford to do that. They go to the wholesaler and they can't get stock. They are being told two or three weeks away. I have even got an example of specialised conduit for directional drilling. Our guys couldn't get it. They grabbed the equivalent water pipe which is grey, the electrical one is yellow and they had to paint the water pipe yellow to make it comply with Australian standards.

Mr Willox said the distortions and disruptions will last for months, if not years, given the damage to infrastructure in the Middle East.

Seriously impacted industries may need financial assistance, while others will need additional flexibility to manage disruptions, Mr Willox said.

Businesses are already facing enormous pressure without considering a threatened breakout in wages growth which will add permanent costs to the bottom line. Like the pandemic, this crisis will require fast and flexible policy responses from government. And unlike Covid, we need to ensure these are nationally co-ordinated.

[click the intro to return to front page]


 LOCAL CHATTER:


 NEWS:

😵 Surprise,
surprise —
a misled
public

Energy rule makers have rejected demands to compare renewable costs against coal and nuclear options, sparking claims politicians have misled the public about Australia’s cheapest power pathway, the Daily Telegraph newspaper today reports. [click to read more]

The think tank that requested the change, the CIS, says the snub reveals the Integrated System Plan ∼ cited by Chris Bowen, Matt Kean and others as the source of truth about the cheapest way forward ∼ is not rigorous analysis but merely a rubber stamp for government policy.

CIS energy research director Aidan Morrison told this masthead the ISP’s author, the AEMO, was running a one horse race.

Mr Morrison said that if the field was open to all comers, coal-fired power would win and nuclear may also be cheaper than renewables.

The ISP AEMC draft decision to reject the CIS rule change showed there had been a total heist of the public policy process, he said, and that people had been misled about what the ISP really showed.

Federal Energy Minister Chris Bowen has said AEMO’s work on the ISP, which is produced every two years, shows the lowest cost pathway for secure and reliable energy is renewable energy, connected by transmission, supported by batteries and pumped hydro,and backed-up by gas-powered generation.

But Mr Morrison argued that was categorically wrong, because pathways such as coal replacement are not considered by AEMO for the ISP.

Former NSW Energy Minister and now Climate Change Authority chairman Matt Kean told a Senate hearing that to produce the ISP, AEMO looked at the cheapest replacement cost of the existing infrastructure and alternative solutions to providing cheap, reliable electricity.

Mr Morrison said Mr Kean had shown a catastrophically bad understanding of what the ISP actually does.

A circular argument had been created, Mr Morrison said, where government policy dictates what AEMO can consider so that the government can then claim experts have vindicated its policy.

The official National Energy Objective did not give renewable energy and carbon pollution targets unfettered right of way over price and reliability, Mr Morrison said.

Mr Bowen’s spokeswoman said the AEMC makes decisions independent of government, as is appropriate. Modelling from the CSIRO has consistently shown that renewable energy, backed by gas, is the cheapest option for our energy grid.

However, Mr Morrison hit back by asserting the CSIRO’s wind estimate was insane and that it had ignored the least-expensive options for new coal-fired power.

Mr Kean referred inquiries to the CCAwhose spokeswoman said: AEMO’s ISP presents the least-cost road map to supply secure and reliable electricity and meet government policies.

AEMO said that under the national electricity law and rules, the ISP must consider federal state policies and targets.

Through in-depth consultation, the purpose of the ISP is to set out the mix of generation, storage and network investments required to meet both consumer needs and government energy and emissions targets between now and 2050, AEMO’s spokesman said.

The ISP’s role is to plan the electricity system to achieve emissions targets that jurisdictions have democratically set, not to second-guess those policy decisions, AEMC chair Anna Collyer said.

The ISP is a planning tool, not a policy evaluation tool. It identifies the optimal pathway to meet the National Electricity Objective, including achieving targets governments have set, Ms Collyer said.

A baseline ignoring targets set by governments would introduce inefficiency and additional costs without providing useful planning information, she added.

Decisions about emissions targets are matters for elected governments. The ISP identifies the optimal pathway to achieve those targets in line with the National Electricity Objective, the AEMC chair concluded.

The CIS’s Mr Morrison said any person who believed the ISP should contain an unconstrained baseline could make a submission to the AEMC before May 28.

The AEMC has encouraged anyone interested to make a submission.





🎁 Nick nicks
a very
private car

Bragging rights come no bigger than owning the fastest car in the world. And it’s a boast just one Australian enjoys reports the news.com.au website today. [click to read more]

Billionaire businessman, auto group magnate and Sydney Roosters chairman Nick Politis signed paperwork at the Beijing auto show to secure the sole YangWang U9 Xtreme bound for our shores.

This 2200kW fully electric hypercar eclipsed the Bugatti Chiron as having the highest top speed ever recorded by a production car, measuring a tyre-ripping 496.22km/h at a German test track last year.

A U9 Xtreme also lapped the Nurburgring in 6m59s, claiming title of fastest electric super sports car and first of its type to dip under seven minutes at the Green Hell.

It’s unknown how much Politis paid for the YangWang - a Chinese brand under the giant BYD umbrella - but a BYD Australia spokesman said it would be north of $1 million".

Not money you or I could find down the couch, but with Politis' net worth estimated at around $2.5 billion, it'll barely make a dent.

Besides, the U9 Xtreme looks a veritable bargain next to a $5 million Bugatti Chiron and being the sole example bound for Australia, its collectability status is assured.

Just 30 examples of the YangWang U9 Xtreme will be produced, with only one bound for each of 30 different markets. The sort of exclusivity billionaires live for.

This made-in-China EV’s numbers are simply ludicrous. Its four electric motors are each capable of 30,000rpm and combine to deliver over 2200kW: about four times that of a Porsche 911 Turbo.

It uses an 80kWh BYD battery with claimed range of around 400km. But not if you plan on nudging 500km/h.

It also has a party trick. Its active suspension system allows the hypercar to perform a brief vertical jump.

All well and good but elephant in the room is the name. Ferrari, Aston Martin and Bugatti win hands down over YangWang as a brand name.

Naturally, Politis was able to choose bespoke preferences ahead of the hypercar being built to order.

The team from China came down (to Australia) to go through colours, trims, stitching and upholstery, he said.

[click the intro to return to front page]





Carl Camilleri and his LPI (LPG) Ford just outside Broken Hill. It is fuelled by liquid petroleum gas.

🚗 Hey Albo Here's
an Australian-made
clean and cheap
to run car

When Carl Camilleri goes to fill up his Ford Falcon XR6 Mark II, he pays just over 70c a litre for fuel. Filling up the whole tank costs about $60, reports the The Guardian website. [click to read more].

The tank is about 85 litres and, if driven daily, lasts Camilleri two to three weeks around town.

You can see why I love this car, Camilleri says.

He is one of a dwindling number of Australians with a car fuelled by liquid petroleum gas — a fossil fuel composed of propane and butane, compressed into a liquid.

They may not be as headline-grabbing as EVs when it comes to environmental impact but LPG cars burn cleaner than traditional cars, releasing significantly less CO2 than petrol or diesel models.

Camilleri bought his car for $28,000 in 2013. At that time, there were 500,000 other LPG-fuelled vehicles on the road. That number has declined substantially but the fuel crisis caused by war in the Middle East has suddenly made his car a hot commodity. Another motorist at a service station recently offered him more than $20,000 for it, which he politely declined.

It’s become quite the blast in the Australian car industry recently, being one of the last of the perfect, Australian-made vehicles left around, Camilleri says.

Sales of LPG cars peaked in the early 2000s when the government offered generous subsidies for factory installations and conversion. From 2014 onwards, the rollback of subsidies and the demise of local car manufacturing - where LPG tanks were factory fitted — caused the number of LPG-fuelled cars to drop sharply. As of 2025, there were only 200,000 left on Australian roads, according to Elgas.

But for enthusiasts, they are worth hanging on to.

After driving over 178,000km, Camilleri’s daughter calculates he has saved almost $20,000 in fuel. The car almost paid for itself, Camilleri says.

Carl once drove from his house in Point Cook to Deniliquin for a weekend and then all the way back on one tank. I remember watching the gauge all the time, 660km and that was with a boot-load of clothes and three people in the car; it was pretty cool.

He also praises the car for its ability to tow what he calls his toys ∼ a boat and a caravan ∼ across Australia. Camilleri’s Falcon was factory-equipped with LPI, a system which injects LPG directly into the engine as a liquid rather than a vapour, offering better efficiency and more power.

Despite the advantages, there is a downside to LPG.

The hardest part of owning an LPG car is finding a place to fill up, Camilleri says.

LPG sales dropped 87% from 2011 to 2025, and the number of service stations offering the fuel has fallen to about 406 in metropolitan Melbourne, 79 in metropolitan Sydney and 37 in metropolitan Perth.

It’s a problem. Stuart Brown created a Facebook community group for LPG users after his wife ran into trouble finding a place to fill up their car.

She was visiting Tasmania in an LPG car and was having trouble finding gas … as the problem persisted, I was thinking, 'this is ridiculous'. I thought, 'well, maybe we'd make and grow our own group'.

He never expected the group to grow so big, with more than 6000 members, many joining due to the fuel crisis.

In the last month the group’s exploded because people are remembering that LPG is cheaper … seeing it’s not going up in price, so they're coming back to it, Brown says.

Brown and his wife own two LPG mid-90s Falcon utes and an LPI 1998 Range Rover.

The Range Rover has clocked more than 400,000km. Brown says it is in immaculate condition and still goes like a freight train.

Lack of government and motoring organisation support are two key issues facing LPG car owners, Brown says.

Despite the fact we are basically using an Australian fuel manufactured in Australia that’s cheap and plentiful and clean, it’s this obsession with net zero that is holding LPG back.

There are other ways to get an LPG car, such as conversion kits, which come in many different forms and acronyms, such as LPDI and LPI.

Conversion is done by installing an LPG storage tank, usually in the boot or under the floor of cars, and this will usually require a 4WD but other commercial vehicles can be used too.

A converter is then added. This converts the liquid gas into a gaseous vapour, as well as regulating the process. It is recommended that all of this is done by a mechanic and it is estimated to cost between $1500 and $4500, according to Repco.

The NRMA recommends planning ahead for journeys with LPG cars to make sure there are adequate places to fill up along the route.

Brown’s advice for anyone thinking of getting an LPG car is: Make sure there’s gas near you and … be prepared to educate people on the fact that it’s Australian and cheap and clean.

[click the intro to return to front page]




 COMMENT:

Murrurundi Times news site with items covering national news and Upper Hunter region including the township of Murrurundi
Chris Bowen has claimed oil drilling decisions should be based on economics and engineering, despite his government creating barriers that Vikki Campion says make new projects impossible writes Vikki Campion in Daily Telegraph yesterday. [click to read more]

Drilling for oil in Australian territory is the equivalent of dropping every last dollar into the dusty arcade claw machine while the entire Labor cabinet cheers go for it!, knowing the whole game is rigged.

When Climate Change Minister Chris Bowen this week said that decisions about whether to drill should be based on the economics and the engineering and if it meets the environmental approvals, then it can happen and should happen, it was as if he had had nothing to do with the economics or the environmental approvals.

Look at the first budget of the Albanese government, which cancelled a swag of grants announced for diesel storage and petroleum drilling and instead decided to fund the Environmental Defenders Office, which then took Beetaloo drilling projects approved by former Resources Minister Keith Pitt to the NT Supreme Court.

A new anti drilling bureaucracy

Last year, they brought in reforms so that businesses need to deliver a net gain for biodiversity, a new bureaucracy in a federal Environmental Protection Agency with the power to issue stop-work orders, and forced abatement of carbon emissions under the guise of a carbon tax masquerading as the Safeguard Mechanism.

Bowen and the rest of the Albanese government, who went on to spend the next four years talking about reducing emissions, know the system has been gamed so much, with everything stacked against any new proponent, only a fool would try.

Bowen blames engineering as the issue. Any drilling must pass those economics and engineering tests, he says. But it wasn't too hard for them to drill in the 1970s in the Bass Strait, one of the world’s most dangerous stretches of water, home to the roaring forties and shipwrecks galore, and its oil production softened Australia’s exposure to the last global petroleum crisis.

Just too difficult in Oz

But, now in 2026, Mr Bowen wants us to believe that drilling is just too difficult in Australia.

Australia’s oceans are apparently scarier than they were 50 years ago. More terrifying than Russian icy seas or the deep swell off the Gulf of Mexico, where some of the deepest oil rigs produce millions of barrels of oil.

In the 1970s, we produced 70% of our own petroleum from local oil and refineries.

Now we rely on imports and there’s no guarantee we'll have fuel past mid-May.

The government measures fuel security by counting empty service stations, even though these aren't the main suppliers for big buyers like farmers or miners.

Zelots making sure we don't drill

It has everything to do with the government, which forced existing wells to be capped, who armed those who oppose petroleum on ideological grounds with taxpayer-funded court cases and who provide minimal transparency in relation to activist groups masquerading as charities.

Zealots staff environmental departments, industry super funds are forced to buy politically correct investments, and geologists find themselves busier with paperwork than getting dirty, forced to deal with both state and federal departments to handle what is a state resource.

Australia’s oil is both attainable and comparable to the best reserves in the world. The biggest impediment is not sub-arctic temperatures or deep oceans, but the government itself. No investor is going to sink billions into the Albanese claw machine for drilling, knowing that they will never win.

One-eyed passion

Bowen insists projects need to stack up environmentally, while disregarding foreign companies dynamiting pristine forests for wind turbines or NSW’s EnergyCo, in its one-eyed passion for building transmission towers spanning thousands of kilometres, no matter how much biodiversity goes under the bulldozer.

The game works for them — they get the prize. If we eased environmental approvals, as we do for transmission lines, sped up payments and granted landowners underground rights, we could produce Australian oil within six months.

Mr Bowen says any development needs to stack up economically but one must ask the question: with crude oil prices surging toward $144 a barrel and domestic fuel security evaporating, how exactly does refusing to develop our own resources make good economic sense?

The game was never meant to be won. It has been rigged to ensure the only people walking away with any plush toy from behind the glass are the ones Mr Bowen has already decided should win.

We have skills, technology and the guts to claim the prize for oil. The only thing we don't have is a government that’s prepared to let us play a fair game.

It’s easier to see the bite in the small towns, on the quieter streets, because when the shop shuts, it doesn't reopen; darkened windows sit as an empty reminder of what used to bring people together between the post office and the IGA.

Another day older and deeper in debt!

Over the coffee machine in one cafe, the owner confides that he thinks his business is done because he can't sell enough lattes and eggs to pay the four-figure power bill; even with the crowd out front, and the line at the till, with good staff and good food, every month he goes deeper into debt.

You see it in statistics from the Australian Securities & Investments Commission which show that 14,722 businesses entered insolvency in the 2025 financial year.

Statistics from the Australian Energy Regulator released this week show that more than 6200 electricity customers were disconnected in the last quarter, with the average account holder owing $2600 at the time of disconnection.

Thousands of businesses are going insolvent, and thousands of people are being disconnected from power.

And they tell us it's betting cheaper

Yet the same bureaucrats tell us power is getting cheaper and assure us renewables will send bills down. Just not before we go out of business.

The smart ones try to get out quickly, listening to their heads rather than their entrepreneurial hearts. They watch their plans fall apart — how they turned a shabby old house into a lively spot for coffee and tea, a place where the lonely or elderly could meet and talk, a bit of sophistication in a town where the only other choice is the pub.


Murrurundi Times news site with items covering national news and Upper Hunter region including the township of Murrurundi
At dawn in the high summer of 413BC, when the Peloponnesian War was in its 18th year, two trophies faced each other across the narrow strait at the mouth of the Corinthian Gulf. The day before, a Corinthian fleet had met an Athenian squadron and for the first time had struck the Athenians more forcefully than they could strike back, Henry Ergas writes in the The Australian today. [click to read more]

The Corinthians knew the Athenians' larger fleet and masterly seamanship gave them a crushing advantage. To counter it, they modified their ships' prows, making them shorter and stouter to withstand ramming. Having neutralised their adversaries' superiority by departing from the conventional Greek ship design, they raised their victory trophy at Erineus on the Achaean shore.

But despite extensive damage, the Athenians held the water at the fighting’s end, recovered the wrecks and the dead and, according to traditional standards, were the victors. In the hours that followed, they rowed across the Gulf and planted a counter-trophy at Molycrian Rhion, on the Aetolian side.

By the early morning light the two trophies therefore came clearly into view only three kilometres apart. Longstanding rules, that awarded victory to one side or the other, had been breached; but it was something far deeper that lay broken at Erineus.

German intellectual historian Hans Blumenberg ∼ who had experienced the rise of Nazism ∼ put it best. Human beings, he argued, are constitutionally incapable of living in unfiltered contact with reality, exposed to the overwhelming, undifferentiated threat of a world that offers no given orientation, no protection. We therefore connect ourselves to it through the mediating tissue of myth and ritual, metaphor and story.

These do not give us access to the world as it is; they render it intelligible by investing events with significance and placing them within a widely understood frame. And what makes a society viable is sufficient overlap between its members' mental maps to allow them to manage their differences.

When the common repertoire of memories, symbols and words breaks down, that connective tissue is not merely strained; it is torn apart. The result is what Thucydides called stasis: a condition in which conflict can no longer be contained by the civic order, driving society towards rupture.

The war, as Erineus revealed, had shredded the Greek world’s shared frame of significance — undermining ritual, dissolving trust and corroding alliances once deemed secure.

However, the process ran not only between poleis but within them. And nowhere was the descent into stasis more disastrous than in Thucydides' beloved Athens.

Against stasis, Athens had, at the war’s outset, one extraordinary bulwark: the city as Pericles had taught his generation to see it. What distinguished the Athenians, Pericles said in the Funeral Oration, was that they loved life and lived it fully, yet were ready to die for their city, precisely because the city gave them so much.

But claiming love of, and loyalty to, the city was easy when both were without cost. Once the plague descended on Athens in 430BC, bringing sudden and unpredictable death, Athenians began to live for the moment, placing present appetite above future concerns.

Soon after, with Pericles dying while the plague raged, his demagogic successors devoted their specious rhetoric to inflaming division rather than fostering collective purpose.

It was, however, the war that consummated the rupture into opposing camps. War, Thucydides writes, filches away the easy provision of the everyday. The civic decencies proved dependent on peace and plenty; when citizens were forced to bear even the slightest hardship, the thinness of the civic compact was exposed.

By then, dialogue had collapsed and the factions were hermetically enclosed in their own myths, entrenching the hatreds between them. The war had come home. It was only a matter of time before external enemies administered the coup de grace to a body that had already lost its capacity to cohere. Thucydides' formula is terse: the Athenians did not succumb to Sparta; they succumbed to one another.

Thucydides, with what Nietzsche praised as his courage in the face of reality, diagnosed the disease as its victim lay dying. But he did far more than that. His history is itself a compensatory act of significance-making in the face of significance’s dissolution.

By giving the war a shape, a language, a set of themes that still organise political thought, Thucydides produced a ktêma es aiei, a possession for all time. He wrote, he tells us, so that future men, when they see similar tragedies looming ∼ and the nature of human affairs makes their recurrence inevitable ∼ may recognise the risks and act accordingly.

Two and a half millennia later, his warning resonates. Once again, we are in a war marred not only by the clash of arms but by a cacophony of contradictory claims.

War, by its nature, shrouds gains and losses in secrecy, deception and misrepresentation. Worse still, assessments of its likely course are vitiated by the inherent unpredictability of action and reaction: what Thucydides called to astathmëton — the irreducible contingency of a world that can be acted upon but never fully mastered.

But despite those factors, which urge caution, there is an extraordinary rush to judgment, pronouncing outcomes and anointing victors, before they are decided. And no less extraordinary is the vehemence with which opposing views are held, assigning all success (and tactical shrewdness) to one side and all failure (and strategic folly) to the other.

The barely disguised schadenfreude of Donald Trump’s haters and the matching ire of his supporters, are, no doubt, part of the explanation. They are, however, symptoms rather than causes, visible manifestations of the stasis Thucydides acutely analysed: the withering, here as throughout the West, of the common repertoire of values and practices through which contending arguments can be advanced, differences addressed, tensions however imperfectly contained.

And yet the crowds at the Anzac Day dawn service ∼ one of the few occasions on which Australians still gather the frayed threads of historical significance ∼ show the longing for a shared framework of meaning persists.

Inaugurated in another time of bitter division, after the searing antagonisms of the conscription referendums, the dawn service’s ritual centre, with its They shall grow not old, as we that are left grow old, says nothing of the dead’s relation to eternity; it speaks instead of the living’s relation to the dead, conferring enduring meaning on events that unfolded more than a century ago in war’s all-enveloping fog.

The Last Post is sounded into the dark; the silence is kept; the Rouse follows as the sky begins to brighten. Between the two lies a held breath in which the nation briefly becomes, once more, a community.

That is a pause, not a cure. But if, in those few moments, we can resolve to remember not only the fallen but the achievements, now so often derided, of the nation for which they fought and died; to refuse the continued perversion of truth and the escalation of hatred; and to renew the capacity ∼ when the reckoning comes, as it will ∼ to stand-to at dawn beside those who stand with us, then this will be a country that has merited their sacrifice.



 OVERSEAS:

A tiramisù 429ft longer than the Shard is tall broke the world record after being assembled in London at the weekend. It was whipped up using 3000 eggs and 50,000 ladyfinger biscuits reports The Telegraph editor Chris Evans. Latest headlines: ♦ 'My late son went into an online world and never came out'. ♦ BBC's coverage of history unfolding was 'literally' woeful. ♦ Merz: Iran has humiliated Trump. ♦ Labour MP opens door to handing Burnham his safe seat. ♦ Starmer faces vote on Mandelson inquiry. ♦ Afghan migrant admits stabbing 14-year-old boy. #9830; Polanski: Greens no more anti-Semitic than Labour.






The Murrurundi Times is owned, compiled and written by Des Dugan. Email