'Australia now has more people who vote for their money than who work for it.' Taking benefits from voters is tough politics.
Rather than promising everyone some candy, the government needs to win back its credibility by demonstrating a clear plan to return the budget to surplus and pay down its debt.
The summit comes at a time when Queensland’s and Australia’s unemployment rate seems stuck at around 6%, about 2% above the lows achieved during the mining boom.
At first, proactive and outward-looking regulators looks like a good thing. But the problems with this new approach are easily demonstrated.
The review by PricewaterhouseCoopers questioned the very need for a regulatory response forcing higher payment rates on safety grounds.
The Premiers naturally rejected the idea because they don’t like pressure to eliminate wasteful spending, and they don’t want to risk their popularity by raising their own taxes.
The world now finds itself at the beginning of a lithium super cycle that is all about securing new supply, much of which is poised to come from lithium superstar Argentina.
This article argues that Australia can uphold a decent economic/social policy mix by streamlining public spending and promoting a more dynamic economy.
Richard Denniss has penned a remarkably accessible book entitled Econobabble: How to decode political spin and economic nonsense.
Given that the ALP spivs are safely aboard the gravy train they will not be exerting themselves to derail it. Peter Walsh, the best Finance Minister we ever had, would be horrified.
Alan Kohler is a great c.ommentator but his analysis of negative gearing and the ABCC commit fundamental errors
Simply put, nobody apart from the customer and the seller have any idea what a fair price for any goods or services are.