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Created
Fri, 28/04/2023 - 21:21

Spontaneous protests exploded in cities across France in April after its constitutional court, stuffed with elite political and state figures, declared that President Emmanuel Macron’s pension attacks had been passed legally.

The post Resistance in France can still undo Macron’s pensions assault appeared first on Solidarity Online.

Created
Fri, 28/04/2023 - 18:00
Mahmoud Fatouh Small banks tend to have more specialised business models, likely focusing on commercial and retail banking activities, and show limited interconnectedness to other financial institutions. Hence, they are likely to show less intense cyclical patterns compared to large banks. This post investigates whether large and small banks in the UK and US differ … Continue reading The pro-cyclicality of capital ratios and credit supply, a tale of two sizes
Created
Fri, 28/04/2023 - 17:00
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Created
Fri, 28/04/2023 - 16:07

THE Coffs Harbour chapter of Riding for the Disabled Association (RDA) has just completed its first term for 2023, and is looking to increase rider numbers for its next term, beginning on Tuesday 2 May. Coffs RDA has been active for the past nineteen years and is a charitable organisation that receives no government funding,...

The post Coffs Riding for the Disabled thriving in its new ‘home’ appeared first on News Of The Area.

Created
Fri, 28/04/2023 - 16:02

ANTI-RACISM campaigner Peter Elzer has completed a 2048 kilometre walking journey from Melbourne to Seventeen Seventy in Queensland. Crossing the finish line on Monday 24 April, Peter is now looking forward to returning home to Coffs Harbour to start work on creating a documentary of his ‘Stamp Out Racism’ journey. Advertise with News of The...

The post Anti-racism campaigner Peter Alzer completes 2048 km ‘Stamp Out Racism’ journey appeared first on News Of The Area.

Created
Fri, 28/04/2023 - 15:50

IMPROVED options for travellers coming in and out of Coffs Harbour Airport have landed with the arrival of Bonza airline, touching down on the city’s tarmac for the first time on Thursday night 20 April. Connecting the home of two Aussie icons, the Big Pineapple and the Big Banana, the new route will operate twice...

The post Bonza lands in Coffs, bringing improved choice to region’s travellers appeared first on News Of The Area.

Created
Fri, 28/04/2023 - 14:19

MAJOR milestones with the construction of Coffs Harbour Bypass are overshadowing some residents’ concerns and inconveniences in their own backyard, as experienced by Korora homeowner Julie Lane. When the easement at the end of her back yard was fenced across and the trees were cut down without any in-person conversations from the builders or Transport...

The post Coffs Bypass Action Group mediates for resolution appeared first on News Of The Area.

Created
Fri, 28/04/2023 - 11:23
Why The Rich Love To Crush Wages, Cut Pensions And So On To Fight Inflation

The majority of price increases, of inflation, right now, are driven by price increases that are higher than increases in costs. Numbers I see tend to range from the mid sixties to the seventies.

They aren’t, then, driven primarily by wage increases.

The obvious way to solve this is to put in a surplus profit tax based on 2019 profit levels and forbid other ways of withdrawing excess profits like stock buy backs and option grants. Only after doing this would you consider trying to crush wages or cut pensions or other benefits.

That is, if your primary aim was to reduce inflation.

But it is undeniable that crushing wages will will reduce inflation somewhat, even if it is far from the best way to do so and it has a great advantage.

It makes the rich even richer by reducing their wage costs!

Created
Fri, 28/04/2023 - 10:38

Activists in Wollongong are organising against plans for nearby Port Kembla to host the East Coast base for the AUKUS nuclear submarines. Solidarity spoke to Alexander Brown from Wollongong Against War and Nukes about local opposition and how unions have dedicated this year’s May Day march to opposing the plan.

The post Port Kembla no place for a nuclear subs base, say local campaigners appeared first on Solidarity Online.

Created
Fri, 28/04/2023 - 10:21

On 25 March, in a shocking case of racist brutality, police shot dead Aubrey Donahue, a 27-year-old Muluridji man from Mareeba, Far North Queensland, while he was experiencing a mental health crisis.

The post Black Lives Matter—How a militarised police squad shot Aubrey Donahue appeared first on Solidarity Online.