I see red, I see red, I see red…(in all corners of WA politics)


30 March 2021

In the recent State election, Western Australians apparently had a choice.

The options were as follows:

  • A cohesive unit with a leader who has proven his mettle through one of the toughest times in Australian history and kept the State in a pretty decent economic position through it all
  • A dysfunctional bunch of riff raff that couldn’t keep the proverbial together long enough to maintain steady leadership at the pointiest of points in the party’s four years of playing the Opposition game – and subsequently threw a lamb to the slaughter in an unwinnable war
  • Some other odds and sods whose names no one even remembers

The “choice” was obvious.

So what happens next? Probably whatever Labor wants, given nearly all the seats in the House of Representatives are red and so is a fairly large majority in the Legislative Council.

Whether the Libs can sort themselves out between now and the next election remains to be seen. As far as we can tell, the few that are left are struggling to find any sense of purpose or come up with a plan beyond the end of next week.

Food and agribusiness wunderkind Wide Open Agriculture (ASX:WOA) could certainly teach any remaining Liberals a thing or two about finding a purpose and making it pay. The company’s focus on sourcing quality food produced through regenerative farming methods, as well as more recent ventures into plant proteins, have seen the share price and revenues soar. Managing Director Dr Ben Cole gave us the lowdown.

We offered to hire a minivan and take the Libs on a regenerative farm tour to show them that regeneration is a thing, but there weren’t enough of them to fill the eight-seater.

It makes us wonder if there’s anyone left at Liberal HQ, and if so is anyone capable of taking the leadership role? Unless the cleaner or the guy who’s been raising the flag to half-mast each day since the election are keen to put their names in the ring, there seem to be slim pickings.

Perhaps we can lean on ASX newcomer 3D Metalforge (ASX:3MF) to design and build a new leader for the Liberal Party. The company can 3D print just about anything else with its state-of-the-art additive manufacturing technology. We chatted to MD and CEO Matthew Waterhouse about the burgeoning market for additive manufacturing and what the path ahead is likely to hold for the company.

The crowds are bound to converge on 3D Metalforge as big industry around the world discovers the efficiency and sustainability benefits of being able to print parts on demand.

That’s not the case at Lib Central, where the crowd appears to have dispersed rapidly between Election Eve and a few hours after the last votes were cast Labor’s way.

The only noises now are likely to be the rattle and hiss of spray cans as a few wayward kids graffiti the walls with “up the proletariat” tags.

So what do you do – from a security perspective – when crowd behaviour changes so suddenly?

Matt Macfarlane, CEO of tech company icetana Limited (ASX:ICE), has the answer to that one and he explains it well in our first Yield In Focus video interview. The company has pioneered AI-powered software to look for anomalies in security camera vision. It’s so artificially intelligent that it can pick up on sudden changes in crowd behaviour within days – which is exactly what happened during COVID lockdowns.

If there’s anything left in the Libs’ petty cash box, they should invest in an icetana system to keep those pesky graffiti kids at bay until they can attract a new, legitimate crowd.

Let’s switch the focus of our finger-pointing away from state politics for a moment – and direct it at the toxic cultural disaster zone that is federal politics.

ScoMo’s busy back peddling on the parliamentary exercise bike and struggling to clean house. We’re quite surprised he hasn’t told the media that cleaning is woman’s work yet, but we’re more surprised he hasn’t brought in a workplace culture expert to help with the fundamental shift that’s required. Someone like Allan Keogh from Keogh Consulting, who knows a thing or two about cultural transformation and shares some of his considerable insights with us.

Finally, you may notice The Yield newsletter and the Spoke Corporate website have both taken on fresh new looks. That’s because, just like Spoke’s clients and the people we talk to in The Yield, we like to keep things progressive and contemporary.

Happy reading,