Economy

Created
Sat, 27/05/2023 - 04:51
Spain, the world’s 15th largest economy and the fourth-largest in Europe, recently ran for 9 hours entirely on wind, solar and hydro. It is not the first time the renewables supplied all of the country’s domestic electricity needs on the peninsula, but it is the first time they did so for so many hours in Continue reading »
Created
Sat, 27/05/2023 - 04:57
When Australia’s Defence Minister, Richard Marles, talks imploringly in support of avoiding the “valley of death” scenario, Australians should listen. That is, until they realise he is not talking about avoiding the horrors of a modern war, but rather supporting the Hunter Class Frigate, a project in such difficulty that the picture of incompetence and Continue reading »
Created
Thu, 25/05/2023 - 04:52
“Speak softly and carry a big stick.” The pithy words spoken by US President Theodore Roosevelt in 1901 has been said to be his ideal policy for the US. But in recent years, the “big stick” diplomacy has proven to be too simplistic for the world they used to dominate. The aphorism served the US well Continue reading »
Created
Wed, 24/05/2023 - 04:54
There is understandable disappointment that the Government did not do more to improve the adequacy of JobSeeker, with many highlighting how this could have been done by scrapping the Stage 3 tax cuts. But the revenues from scrapping Stage 3 are not as great as most commentators suggest; and, though the Budget’s welfare measures provide Continue reading »
Created
Tue, 23/05/2023 - 04:53
Back in 2008, I had a book contract to describe the obvious failings in Australian health care. It was planned to challenge the national myth that our system was ‘exceptional’, literally ‘best in the world’. I didn’t persist as Prime Minister Rudd was promising sweeping national reforms and there was genuine community enthusiasm for a Continue reading »
Created
Tue, 23/05/2023 - 04:54
The crisis in which PricewaterhouseCoopers finds itself is a useful illustration that the problem of politicians and bureaucrats becoming lobbyists, and of the revolving door syndrome are far from the only ones besetting integrity in public administration. The widespread use of supposedly independent consultants, many with deep and intractable conflicts of interest, is undermining good Continue reading »
Created
Tue, 23/05/2023 - 04:57
Every Australian who has sweated over a grant for a modest sum, or who pays taxes and thinks they should get value for money, must be asking questions about a huge swindle that has been growing over the past two decades under our noses. One thing is certain: our parliament needs to act. All over Continue reading »