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Washington is right but what should concern those in the corridors of power in the Capitol is not the new bank but the circumstances that have deemed it necessary for such an institution to exist.
by Tom Clifford - 24/04/2015 - 1 comment
WA loses out this year from the Grants Commission formula, but it will be other states, like Queensland in subsequent years.
by Matthew Canavan - 22/04/2015
It's an almost long forgotten historical fact that most trade was undertaken by local based currencies right upto the 20th Century. Australia had a number of colonial currencies before federation in 1901.
by Murray Hunter - 16/04/2015 - 5 comments
In short, oil prices will increase as weekly EIA production numbers begin posting declines as we saw last week. Demand will increase. Inventories will start getting eaten into by midyear.
by Dan Doyle - 13/04/2015 - 2 comments
The state has a burgeoning public service, contracting manufacturing sector, rapidly rising unemployment, serious youth brain drain, recruitment age prejudice and nepotism and spreading urban decay in Adelaide's northern suburbs.
by Malcolm King - 13/04/2015 - 13 comments
Separate to the secrecy, equally offensive is the exclusion of our largest trading partner and the world's second largest economy, China from the scandalously misnamed 'partnership'.
by Jonathan J. Ariel - 9/04/2015 - 5 comments
Laffer is most famous for his eponymous curve, which purports to show that cutting taxes on the rich raises extra tax revenue.
The main reason his investment in Burlington Northern Railroad was successful, was due to the fact that he made this investment during the 2008 crisis, when prices were low.
by John Manfreda - 8/04/2015 - 1 comment
Joseph Stiglitz complimented the Government on its uniquely successful economic policy in saving Australia from the GFC which spread recession throughout Europe, North America and Asia including China.
by Harold Levien - 7/04/2015 - 17 comments
The white paper complains that 70 per cent of Commonwealth tax revenue is drawn from personal and company taxes. But what is the alternative? A higher GST? More user pays?
by Tristan Ewins - 1/04/2015 - 19 comments
To those associated with the sectarian discourse surrounding a vote to forever legislate Catholic school funding at 25% of the cost of a state school education I say, stop looking for an argument and study the facts.
by Stephen Elder - 1/04/2015 - 17 comments
When electricity networks are privatised, as they were in Victoria, the new, profit-oriented owners tend to constrain their labour costs, much to the annoyance of their unionised workforce.
by David Leyonhjelm - 31/03/2015 - 17 comments


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